ChainCatcher news, Nick Tomaino, the founder of 1confirmation, posted on platform X stating, "The most valuable lesson learned from past bull markets is that excessive hype is often a contrary signal. When the majority are making noise, it usually means they lack confidence in their positions, and once given the opportunity, they will sell to you. A large and steadfast group of holders is the best signal."

ChainCatcher news, Aave co-founder Stani posted on X platform that the growth of Arbitrum on Aave has not received enough recognition, congratulating all the progress made by the Arbitrum ecosystem, which is now the largest L2 market on Aave.

ChainCatcher news, Stacks founder Muneeb stated on the X platform that leading Bitcoin ATM Coinflip will integrate Stacks and sBTC.Coinflip has over 400,000 users, and this integration will continue to open the global market for Stacks.

ChainCatcher news, Farcaster founder Dan Romero cited Dune data indicating that the daily trading volume of the Farcaster AI token issuance application Clanker, which launched just two weeks ago, has reached 15% of the pump.fun platform.It is reported that Clanker is an AI-driven "Token Bot" designed for rapid DIY token deployment. Users simply need to tag Clanker on Farcaster clients like Warpcast or Supercast, tell it their token concept, and it will launch the token for users on Base.As of the time of publication, Dune data shows that the trading volume of tokens deployed by Clanker yesterday was $59.8 million, while the trading volume of tokens issued on pump.fun was $404 million.

ChainCatcher news, Farcaster co-founder Dan Romero stated, "The team currently consists of 14 members and will be divided into 3 groups: responsible for protocol, cryptocurrency, and social respectively. In terms of protocol, we will build and migrate to Snapchain to expand the protocol and provide a new FIP for FC Connect. In the cryptocurrency area, as part of Frames v2, we are working to improve the transaction user experience. In the social aspect, we will continue to improve application performance, channel iteration, and user experience."

ChainCatcher news, Bankless co-founder Ryan Sean Adams posted on X that the current market is at the beginning stage of the second half of the crypto bull market.

ChainCatcher news, according to Bloomberg, the co-founder of crypto derivatives liquidity provider Orbit Markets, Caroline Mauron, stated: "The significant psychological barrier of $100,000 is just around the corner." She added that the bets in the Bitcoin options market indicate "the market expects prices to rise rapidly."The current optimism has dulled the memory of the market crash in 2022, which exposed fraud and other risky behaviors in the crypto space, leading to the collapse of platforms including Sam Bankman-Fried's FTX exchange, with him also ending up in prison.This turmoil triggered a series of tough enforcement actions by the U.S. Securities and Exchange Commission (SEC), while the industry expects this crackdown to gradually fade under Trump's administration.

ChainCatcher message, Azuki founder Zagabond posted on the X platform saying: "Chill guys, I have an idea," along with a meme of Chill guys.

ChainCatcher message, according to Jin10 reports, during the 2024 World Internet Conference Wuzhen Summit, Zhihu founder, chairman, and CEO Zhou Yuan discussed the changes brought by AI search, stating: "I really believe that AI search is still in a relatively early stage overall, both domestically and globally. The frequency of use and the scenarios it can cover are still in a relatively early stage. Even including this term, I do not think it fully and clearly depicts what the product can do."

ChainCatcher news, FTX co-founder and former CTO Gary Wang provided extensive cooperation to U.S. prosecutors, resulting in a sentence that has already been served, with no additional prison time.Wang faced a maximum of 50 years in prison but began cooperating with authorities shortly after the collapse of FTX in November 2022.Prosecutor Andrew Roos emphasized the uniqueness of Wang's cooperation, highlighting his technical expertise and willingness to assist from the very beginning. Roos stated, "He cracked half the case for us on the first day of cooperation." Wang's insights were crucial for understanding how FTX's code allowed the misappropriation of customer funds, which played a central role in the fraudulent activities associated with the exchange.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that the ETH/BTC NUPL has hit a 4-year low. This reflects the bottom levels of early 2020, which may present an opportunity for Ethereum believers.NUPL (Net Unrealized Profit/Loss) is an indicator that measures market sentiment and the unrealized profits and losses of cryptocurrency holders. It reflects the overall state of the market by calculating the net value of unrealized profits and losses of all held assets in the market.

ChainCatcher message, ai16z co-founder Shaw posted a response to the Eliza token issuance controversy, "I coordinated with our release partners to try to purchase chips at the time of Eliza's release, but did not get much. However, someone on our team did manage to gain quite a bit and agreed to hand it over to the DAO and the team, so we have enough funds to fulfill our airdrop commitments to other projects and maintain the operation of the Eliza team."Shaw stated that while it is regrettable that the project was pre-released, considering the interests of the holders, the original team has reached a cooperation agreement with the pre-release party, promising to airdrop 10% of the supply to the initial token holders as compensation. The new team will join the Eliza project as code contributors, focusing on assisting in the development of meta-narrative tools. Shaw emphasized that the Eliza project has been in preparation for many years, and although this incident is unfortunate, the team will continue to advance the project's development, ensuring that the tokens circulate freely and are not controlled by any individual or organization.

ChainCatcher news, according to Gecko Terminal data, the new coin ELIZA issued by ai16z founder Shaw reached a market capitalization of nearly $60 million within an hour of its creation, peaking at $100 million.Shaw stated that 10% of the tokens will be allocated to ELIZA holders on vvaifu.fun who were snapshotted.

ChainCatcher news, according to DL News, U.S. prosecutors are seeking to confiscate two properties belonging to Tornado Cash co-founder Roman Storm (valued at a total of $3.1 million) and a Tesla Model Y, claiming these assets are derived from illegal proceeds.Tornado Cash has gained significant attention for concealing crypto transactions but has also been exploited by criminals for money laundering. In 2022, the U.S. imposed sanctions against it. This year, Storm has been charged with three counts, including money laundering and violating sanctions, while another developer, Alexi Pertsev, has been sentenced to five years in prison.Storm's team cited freedom of speech as a defense, but the judge dismissed the request. Crypto privacy advocates strongly oppose this, arguing that developers should not be held responsible for the misuse of their tools. Storm's trial has been postponed until April next year, with defense costs estimated to reach up to $500,000 per month.

ChainCatcher news, Solana co-founder Toly releases the Solana roadmap, the document shows "increase bandwidth, reduce latency".