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Web3 Venture Capital Sees Soaring Total Value Locked, But Transaction Volume Plummets, Signaling Investors Shifting from Broad Coverage to More In-Depth, Strategic Bets.
Share link:In this post: Seoul police caught a $13M crypto conman after he tossed a cigarette and tried to flee. He’d been on the run since 2020, wanted on 10 charges including fraud and assault. Other scammers like James Zhong and “Razzlekhan” also slipped up due to dumb mistakes.
Share link:In this post: The Dow jumped 846 points to close at a record 45,631.74 after Powell signaled rate cuts may start next month. The S&P 500 and Nasdaq gained over 1.5%, driven by strong tech stock rallies. Gold, silver, and other metals rose as the U.S. dollar dropped sharply following Powell’s comments.
Share link:In this post: Apple filed a lawsuit claiming that Oppo hired Chen Shi, a former Apple Watch engineer, and encouraged him to take confidential health-sensing data to build a competing wearable. Before leaving Apple in June, Shi allegedly downloaded 63 internal documents. Apple says this case fits a broader pattern, referencing past incidents involving trade secrets going to China.
Share link:In this post: A 12-year-old USPTO document has sparked claims that the U.S. government owns the “XRP” patent. While real, the document was initiated by OpenCoin, the now Ripple. Ripple Labs currently has 67 trademark applications and 18 approved patents.
Seven major asset managers, including Grayscale and Franklin Templeton, updated their filings for spot XRP ETFs on August 22, shortly after the Ripple–SEC case concluded.
Currently at a $600 Billion market cap, ranked as the 25th largest tech company in the world
- 02:42The crypto market is trading sideways, with the total market capitalization currently reported at $3.723 trillion.BlockBeats News, October 19, the crypto market remains volatile. Bitcoin is consolidating at $107,000, while Ethereum is holding steady at $3,900, with both posting less than 0.3% change in the past 24 hours. The total cryptocurrency market capitalization is currently reported at $3.723 trillion, down 0.2% in 24 hours, and has dropped about 14% from $4.32 trillion before the crash on October 9. Some altcoins have seen slight rebounds, including: WAL is up 12.3% in the past 24 hours, currently at $0.24; MITO is up 12.1% in the past 24 hours, currently at $0.125; PUMP is up 8.2% in the past 24 hours, currently at $0.038; AXL is up 6.2% in the past 24 hours, currently at $0.2; COMP is up 4.94% in the past 24 hours, currently at $35.4.
- 02:42Aster's total fee revenue reached $277.65 million, with partial buybacks of KOL and media round token allocations yesterday.BlockBeats News, October 19, according to Defillama data, Aster platform's fee revenue reached $1.54 million in the past 24 hours, ranking 11th across the network. The fee revenue for the past 7 days reached $18.83 million, the past 30 days reached $241.35 million, and the total cumulative fee revenue reached $277.65 million. The current TVL of the Aster platform is reported at $1.839 billion. According to crypto KOL AB Kuai.Dong, multiple sources have confirmed that the Aster team yesterday repurchased portions of the KOL round and media round allocations, both for this unlock and future unlocks, at a 5% discount. This buyback will significantly ease the selling pressure on the ASTER token.
- 02:42Jay Chou's friend vanished after investing over 100 millions in Bitcoin on his behalf; Jay warns, "If you don't show up soon, you're finished."BlockBeats News, October 19 — According to Mirror Weekly, Jay Chou's friend Cai Weize helped him hold an account to invest in bitcoin, with the amount reaching over 100 millions yuan. However, Cai claimed a year ago that the account was locked for some reason and has yet to return the assets, and Cai himself has since disappeared. Recently, Jay Chou posted on IG to publicly search for him, saying, "If anyone sees this magician who can even make himself disappear, let me know. Do you think I'm not a magician? If you don't show up soon, you're finished." Afterwards, Jay Chou unfollowed Cai Weize on social media. According to insiders, it was heard as early as a year ago that Cai Weize, who was holding Jay Chou's bitcoin investment account, had the account locked. At that time, Cai claimed he would find a way to unlock it and pleaded poverty, saying many people were asking him for money. Jay Chou eventually agreed to give him more time. Reportedly, Cai Weize is quite active in the blockchain investment circle, with a variety of side businesses, investing in both restaurants and cryptocurrencies, and there are even rumors that he once had his girlfriend embezzle company assets for crypto investments. Cai also leveraged Jay Chou's fame, claiming to know royal families in Southeast Asia and Dubai, and helped introduce them to investments in exchange for commissions. Cai Weize, as Jay Chou's magician friend, is not only a regular on travel shows but also one of his tour partners. He began his magic career at 19, later gaining Jay Chou's appreciation and performing with him at various events. In response, Jay Chou's agency JVR Music stated that there is currently no comment.