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1. Hot topics: PUMP, DOGE, POLYMARKET; 2. Biggest rises and falls: $NEIRO, $DEEP, $VIRTUAL; 3. On-chain fund movement: $11.9M flows into Solana, $29.6M flows out of Ethereum; 4. Top news: Solana ecosystem DEX Jupiter TVL hits a record high
No one really knows how much yield and staking income Ethena has received from its $2.6 billion user fund, or whether it has flowed all of it to SUSDe holders.
The cryptocurrency market is preparing for large amounts of token unlocks in many altcoins in the new week.
Share link:In this post: Michael Bouhanna, Sotheby’s VP, launched his own meme coin, BAN, after losing money on other meme coins, using insider wallets to make over $1 million. Bouhanna openly shared his wallet address before deleting it, revealing his link to BAN’s creation and insider buys for profit. His setup included multiple wallets funded from a single source, allowing him to control and trade under the radar.
Share link:In this post: Bitcoin dominance hit 59.75% this week as BTC pushes higher, while Ethereum struggles against it, dropping to a new low on the ETH/BTC pair. Institutional interest in Bitcoin is strong, with $997.7 million flowing into BTC ETFs, its third straight week of inflows. Tether’s USDT faced volatility after reports of a U.S. government investigation, briefly dipping below its peg before recovering slightly.
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- 11:34Slow Fog Alert: Suspicious activities suspected in the JUMPFUN project, be aware of risksOn November 28, the founder of SlowMist, Yu Xian, posted a statement saying: "According to feedback from SlowMist's intelligence officers, there are suspicions of irregularities in the JUMPFUN project (@jumpdotfun). After analyzing the project contracts and transaction records, we found the following suspicious circumstances: The JUMPBonusPool contract was originally designed with two core mechanisms: 1. Bonus pool mechanism: The last five users who participate in donations can share accumulated ETH bonuses equally. 2. Time extension mechanism: Each time a user makes a donation, it automatically extends game time by 30 seconds. Yesterday, using owner privileges, the project team modified twice through setEmergencyBonusPool function which pointed to JUMPBonusPool contract under JUMPTreasury contract. This modification prevents users from participating in competition for previously accumulated prizes via normal donations to JUMPBonusPool contracts. It is worth noting that new replacement for JUMPBonusPool contract has not been open-sourced either. These actions seriously violate descriptions of rules publicly announced by project team earlier and involve obvious violations. We remind all participants to be aware of risks and participate cautiously."
- 11:33Dmail Network announces the second round of Staking rules, pledging can simultaneously obtain double Token rewardsOn November 28, Dmail Network announced the upcoming launch of its second round of Staking, where users participating in the pledge can share 500,000 Dmail Tokens and 2 million Subhub Tokens. Subhub Token is the native token of Dmail's new product Subhub, which is expected to officially TGE in the second quarter of 2025. At the same time, those who purchase Dmail Tokens are also eligible to participate in airdrops from upcoming partner collaborations. Subhub is a B-end service product launched by Dmail Network in 2023. It aims to help project parties or KOLs expand new traffic channels through Dmail's massive user base and assist users in continuously pushing valuable information to their audience for ultimate conversion. Currently, this product has already had subscriptions completed by 9.5 million users; over 500 projects and KOLs have settled; it is a leading traffic tool in the Web3 world.
- 11:32Bitcoin collateral platform Solv Protocol implies that it will conduct a SOLV token TGE soonAccording to official news, the Bitcoin collateral platform Solv Protocol implies that it will conduct a SOLV token TGE in the near future, aiming to further unleash the potential of the Bitcoin ecosystem. Previous news reported that the Bitcoin collateral platform Solv Protocol completed financing of 11 million US dollars at a valuation of 200 million US dollars, with investments from companies such as Laser Digital, Blockchain Capital and OKX Ventures.
