News Center

Odaily News: Machi Big Brother Huang Licheng announced that Friend.tech's market cap has fallen below $300,000, and he has made a $1 million acquisition offer to Friend.tech founder Racer and Paradigm.

Huang Licheng stated that if the acquisition is completed, Friend.tech could be restarted through a community takeover of the CTO role. Following his remarks, Friend.tech's market cap has rebounded to over $2.2 million.

Odaily News: According to GMGN market data, the market cap of Solana ecosystem Meme coin fone briefly exceeded $8 million, now reporting approximately $7.9 million, with a daily increase of over 254 times.

In terms of narrative, fone revolves around the concept of "apeonfone," summarizing the trend of Meme coin trading becoming increasingly mobile and social as "an ape on a phone." The project community compares this to the "a dog with a hat" narrative of dogwifhat from the previous cycle, emphasizing the trading method where users browse social media, receive calls to action, and directly buy Meme coins via their phones.

Odaily reminds that Meme coin prices are highly volatile, and such community narrative-driven tokens lack stable fundamental support. Please be aware of trading risks.

Odaily News: Ledger CTO Charles Guillemet stated that a smart contract security company recently claimed to have discovered a vulnerability in the Ledger Ethereum app. The Ledger Ethereum app did indeed have a vulnerability related to some Clear Signing processes, but it was discovered by Ledger's security research team, Donjon, using an AI-driven vulnerability research tool, and was fixed and deployed two weeks ago. The security company contacted Ledger's bug bounty program only after the fix was completed, did not follow the responsible disclosure process, and did not communicate with the bug bounty team. It then published content implying that the issue remained unresolved. Guillemet said that users who promptly update their Ledger device firmware, Ledger apps, and related software will receive the latest security fixes.

Odaily News: According to GMGN market data, the market cap of Solana ecosystem Meme coin fone briefly exceeded $4 million, now reporting approximately $3.9 million, with a daily increase of over 97 times.

In terms of narrative, fone revolves around the "apeonfone" concept, summarizing the trend of Meme coin trading becoming increasingly mobile and social as "an ape on a phone." The project community compares this to the previous cycle's "a dog with a hat" narrative of dogwifhat, emphasizing the trading method where users browse social media, receive calls to action, and directly buy Meme coins via their phones.

Odaily reminds that Meme coin prices are highly volatile, and such community-narrative-driven tokens lack stable fundamental support. Please be aware of trading risks.

Odaily News: According to Lookonchain monitoring, an address deposited 5 million USDC into Hyperliquid after creating a new wallet, and subsequently opened short positions with 20x leverage on 8,155 ETH and 247.6 BTC, with position values of $20.33 million and $19.49 million respectively.

Odaily News: The Governor of the Bank of Korea stated that interest rates are expected to be raised gradually.

Odaily News: Blockstream has submitted a Bitcoin Improvement Proposal, suggesting specific upgrades for its post-quantum signature scheme SHRINCS. SHRINCS has completed production testing on Blockstream's Liquid sidechain, with a minimum signature size of 548 bytes, about nine times larger than Bitcoin's existing 64-byte Schnorr signatures, but smaller than NIST-approved schemes like SPHINCS+. Blockstream research shows that if SHRINCS is adopted, Bitcoin throughput could remain at about 3 TPS, close to current levels; if NIST-approved schemes are adopted, throughput could drop to 0.36 to 0.5 TPS.

Odaily News: Yi Lihua, founder of Liquid Capital, stated on the X platform that the market is still in a bull market trend, and that consolidation at resistance levels and high-level pullbacks after rallies are normal phenomena. His strategy is to close long positions at highs and wait for a reasonable pullback before going long again.

Yi Lihua believes that the market will maintain a bull market trend at least until 2028 and advises avoiding shorting as much as possible. He also stated that risk assets are presenting investment opportunities, and AI is far from reaching a bubble stage. Currently, the focus should be on seizing the two rounds of investment opportunities in risk assets and AI.

Odaily News: According to Lookonchain monitoring, a trader who had been inactive for 2 years has bought 95,928 SOL again, worth $9.74 million. Over the past 3 years, this trader has completed 2 SOL swing trades, both buying low and selling high, with cumulative profits of $4.95 million.

Odaily News: FinTax, a provider of cryptocurrency financial and tax solutions and AI infrastructure, announced the completion of a seed funding round led by YZi Labs (through EASY Residency S4), with participation from Amber, Hash House, Pundi AI, Waverider International, and Nexus Holdings. The post-investment valuation is $40 million. Previous round investors include Victory Courage, BGIN, Tools Factory, and individual investor Fan Chao.

In recent years, YZi Labs has been consistently expanding its presence in stablecoins, RWA, payments, and institutional-grade digital asset infrastructure. Leveraging FinTax's expertise in on-chain data processing, crypto accounting, cross-jurisdictional tax practices, and crypto asset financial auditing, the two parties will explore long-term ecosystem collaboration around institutional-grade financial and tax infrastructure, compliance standards, and emerging scenarios such as stablecoins, RWA, and payments.

Following the completion of this funding round, FinTax will accelerate the scaling of its five major product lines, expand its business from Asia-Pacific and North America to European and Middle Eastern markets, and deepen the application of AI in complex financial and tax scenarios. FinTax will continue to drive the dual iteration of blockchain and legal systems across dozens of jurisdictions, connecting on-chain economic activities to the real-world financial and tax systems.