‍Astar Network Sets Fixed Supply Cap for ASTR, Introduces "Burndrop" Mechanism Astar Network has announced Evolution Phase 2, featuring a fixed supply cap of 10.5 billion ASTR tokens and a new "Burndrop" system. Users will be able to voluntarily burn ASTR for future tokens within the Startale ecosystem. Tokenomics 3.0, including the fixed supply, is expected in early 2026 via governance proposal. The Burndrop mechanism will be implemented in 2026, following a concept verification phase. Integrations with Startale and Plaza are also planned for 2025-2026 to expand ASTR utility.
‍Phantom Wallet Focuses on Solana UX, Rules Out IPO and Native Blockchain Phantom, a prominent Solana-based crypto wallet, has confirmed it will not pursue an Initial Public Offering (IPO) or develop its own native blockchain. CEO Brandon Millman stated that creating a proprietary blockchain contradicts crypto's core principles of openness. Instead, Phantom will enhance user experience on the Solana network, prioritizing individual consumers. The company is launching Phantom Cash, a stablecoin service, and Phantom Terminal, a professional trading platform, to expand its offerings while maintaining its user-centric approach.
‍Visa Launches Stablecoin Payment Pilot for US Businesses Visa has initiated a pilot program in the U.S. allowing businesses to make payments using USD-backed stablecoins like USDC via its Visa Direct network. The aim is to accelerate cross-border transactions to "minute-level" transfers, a significant improvement over current multi-day processes. The program, with plans for a broader rollout in 2026, addresses the growing demand for faster payment solutions. Research indicates 57% of freelancers prefer digital payments for quicker fund access.
‍Morgan Stanley Advises Investors to "Harvest Gains" as Bitcoin Enters "Fall Season" Strategists at Morgan Stanley are urging crypto investors to "harvest" profits as Bitcoin enters a cyclical "fall season," anticipating a potential "crypto winter." This view, supported by historical "three-up, one-down" price rhythms, suggests a strategic approach to market timing. Recent technical indicators, including Bitcoin's dip below its 365-day moving average, signal caution. Stalled inflows in stablecoins, slower ETF growth, and plateauing liquidity from Digital Asset Treasuries further indicate a tightening market. Despite these concerns, institutional adoption continues, with Bitcoin viewed as "digital gold" and a hedge against inflation. The rise of spot Bitcoin and Ether ETFs has attracted substantial institutional capital, underscoring the growing mainstream acceptance of digital assets.
‍Solomon Labs Announces SOLO Token ICO on MetaDAO, Targeting $2M for DeFi Expansion Solomon Labs is launching its SOLO token through an Initial Coin Offering (ICO) on the MetaDAO platform, aiming to raise $2 million USD. The sale will offer 10 million SOLO tokens, contributing to the project's DeFi ecosystem and stablecoin infrastructure. The SOLO token sale is scheduled from November 15th to November 19th, accessible exclusively on the MetaDAO platform. Participants will use USDC to acquire SOLO tokens, ensuring a fair distribution. Funds raised will bolster liquidity for USDv and sUSDv stablecoins, support liquidity mining programs, and enhance platform security. Notably, no tokens are pre-allocated for the team. A pool of 12,900,000 SOLO tokens is reserved for performance incentives, subject to price-based unlocking and an 18-month lock-up period, aligning team interests with long-term project success.
‍Hollywood Divided on AI Voice Technology: Celebrities Split Between Digital Assets and Demand for Proof Prominent figures like Matthew McConaughey and Michael Caine are embracing AI voice replication, creating digital assets for commercial use via platforms like ElevenLabs. This move opens new revenue streams through cloned voices for various projects. However, many Hollywood professionals, including Guillermo del Toro and Robert Downey Jr., strongly oppose AI voice technology, viewing it as a threat to human artistry and intellectual property. Labor unions like SAG-AFTRA are demanding explicit consent and "cryptographic proof" for AI-generated performances, signaling a push for verifiable digital rights management and ownership.
‍Рынок криптовалют: рост капитализации при снижении объемов торгов Аналитика от Matrixport выявила тревожное расхождение на рынке криптовалют: рост общей рыночной капитализации с $2.4 трлн до $3.7 трлн сопровождается 50% падением среднесуточного объема торгов до $178 млрд. Это указывает на скрытые риски ликвидности и снижение реального участия на рынке, что может привести к повышенной волатильности, особенно для BTC. Эксперты Matrixport отмечают, что такая динамика является "красным флагом", сигнализируя о нехватке реального покупательского давления и уязвимости рынка к шокам.
‍UAE Completes First Digital Dirham Transaction The UAE has successfully executed its inaugural transaction using its central bank digital currency (CBDC) as part of the "Digital Dirham" project pilot. The test transaction, leveraging the government payment platform mBridge, was completed in under two minutes. This milestone signifies a step towards broader adoption of the national digital currency for both government and private sector operations. The UAE Central Bank plans a phased rollout of the Digital Dirham, initially focusing on payment functionalities, with an expected launch in Q4 2025. This initiative aims to "future-proof central bank money for the digital era."
‍South Korean Police Dismantle Major Virtual Currency Money Laundering Ring South Korean authorities have arrested five individuals suspected of operating a sophisticated virtual currency money laundering syndicate. The operation, described as "run-scoring," exploited online advertisements to recruit individuals for illicit fund transfers, often using accounts from unsuspecting citizens. The investigation revealed a network facilitating overseas fraud operations, with funds laundered through various virtual currencies to obscure their origins. All arrested suspects have reportedly confessed. The ongoing investigation highlights the persistent challenges law enforcement faces in combating cryptocurrency-related financial crime and underscores the need for international cooperation.
‍Bitget Report: Crypto Community Seeks Answers from Satoshi A recent report from Bitget reveals a significant shift in the crypto community's focus. Through their #AskSatoshiWithGetAgent campaign, over 10,000 participants from 90 countries submitted more than 30,000 questions, with nearly 40% querying if Bitcoin has remained true to its original ideals. The campaign highlighted user interest in decentralization and the evolution of digital money over price speculation. AI played a key role, with users leveraging GetAgent for trading support and educational purposes. Bitget CEO Gracy Chen noted, "The global crypto audience is maturing from speculators to stewards, asking profound questions about purpose, not just price."