police in Leshan, Sichuan successfully broke up a large-scale cross-regional underground money laundering criminal network involving 13 provinces nationwide, with a total amount involved of up to 38 billion yuan. The police found that the gang controlled 24 shell companies, provided "public-to-private" services without real operations, and used virtual currency transactions to implement cross-border fund transfers. The operation information was complex, with about 20 million pieces of fund data intertwined. After meticulous investigation, a total of 176 criminal suspects were arrested, and the main culprit, Wan, was sentenced to thirteen years and six months in prison. Currently, the cases in various places are still under further investigation.

Cytonic, a layer-1 blockchain called "MultiVM" that allows for compatibility with various Web3 technologies, has raised $8.3 million in a seed round led by Lemniscap and Lattice. Developed by MultiVM Labs, Cytonic is the first layer 1 blockchain that runs multiple VM's within the same network layer using shared storage, addressing blockchain compatibility challenges. Cytonic is compatible with most blockchains like Bitcoin, Ethereum, and Solana, enabling different transaction types to be processed together in a single block, with the goal of making on-chain interactions easier and reducing transaction fees and waiting times when moving assets between chains.

market shows JUP has fallen below $1 and is now trading at $0.99, with a 24-hour decline of 1.98%. The market is volatile, so please be prepared for risk control.

spot gold broke through $2,680/oz, rising 0.80% intraday.

According to SolanaFloor data reported by Jinse Finance on November 7th, Solana validators earned $445 million in October.

On November 7th, it was reported that according to Ethereum supply data analysis, the supply of ETH is greater than the amount being burned, with 11,431 ETH added in the last 7 days. Ethereum's income and ETH supply burning have significantly decreased, with total income being 69% lower than the average of the 150 days prior to the upgrade, and ETH burning being more than 80% lower than the average of the 150 days prior to the upgrade. The majority of industry professionals consider Ethereum's upgrade to be a failure in many cases.

Bybit, the world's second-largest cryptocurrency exchange by trading volume, has partnered with Aptos, an innovative blockchain network, to offer an exclusive APT Ecosystem Airdrop to Web3 builders. This collaboration aims to support the growth of cutting-edge blockchain technologies and fuel the next wave of Web3 projects. The airdrop, hosted on Bybit's Airdrop Arcade, provides users with a chance to explore Aptos's innovative blockchain features while potentially earning $APT rewards. Bybit and Aptos's strategic collaboration marks a pivotal step in making decentralized technology more accessible, secure, and engaging.

According to data monitored by Arkham, about three hours ago, BlackRock's Bitcoin exchange-traded fund IBIT Bitcoin ETF transferred a total of 1,060.63 BTC, worth about $79.47 million, to Coinbase Prime Deposit address.

On November 7th, Kai Trump, the granddaughter of Donald Trump, released a "victory family portrait" taken at the Palm Beach Convention Center last night. The entire Trump family appeared in the portrait, including Elon Musk.

market data shows that AAVE has broken through $180 and is currently trading at $180.01, with a 24-hour increase of 24.95%. The market is volatile, so please be prepared for risk control.

On November 7th, Elon Musk advised President Trump to hire well-known executives from SpaceX as senior government employees, including employees at the Pentagon, before the U.S. presidential election. Musk's proposal suggests that, after becoming one of Trump's biggest donors during his campaign, he may play a key role in the Trump administration.

as monitored by Yu Jin, an address that accumulated 11,004.9 ETH at a price of $3.45 more than 8 years ago has ended its dormancy and started to sell these ETH on the chain as ETH surged 12% today. So far, the seller has sold 5,485 ETH for 15 million USDC in one and a half hours, at a selling price of $2,736.

the market shows that SOL has broken through $190 and is now trading at $190.04, with a 24-hour increase of 10.5%. The market is volatile, so please be prepared for risk control.

the market shows that ETH has broken through $2,800 and is now trading at $2,800.8, with a 24-hour increase of 12.97%. The market is volatile, so please be prepared for risk control.

Bloomberg Terminal reported that the net inflow of 235.5 million US dollars was made into the Fidelity Bitcoin Spot ETF (FBTC) yesterday.

the market shows that BNB has broken through $600 and is now reported at $600.3, with a 24-hour increase of 4.61%. The market is volatile, so please be prepared for risk control.

according to market trends, BTC has broken through $76,000 and is currently trading at $76,011.17, with a 24-hour increase of 6.99%. The market is fluctuating greatly, so please be prepared for risk control.

on November 5th local time, the vote counting for the US presidential election is underway. According to preliminary estimates by the Associated Press, Trump has won the 16 electoral votes in the "swing state" of North Carolina.

although it is still too early to draw conclusions about the White House race because many key battlefield states have not yet determined the outcome, there are clear fund flows in various fields such as the government bond market and gambling websites, indicating that Trump is not far from victory. The yield on 10-year US government bonds has risen by nearly 20 basis points, while the yield on similar Australian bonds has risen by nearly 12 basis points. The US dollar has strengthened and the stock market has generally risen. Craig Vardy, head of fixed income at BlackRock, said that the interest rate market is "bear steepening", which is the trend under the expectation of Trump's victory.

 as the vote counting results of the US presidential election were released one after another in the evening, traders reduced their bets on the Fed's interest rate cuts next year on Tuesday. Interest rate futures traders continue to bet that the Fed will cut interest rates by 25 basis points each in this week and December, but now expect the Fed to stop cutting interest rates after two 25 basis point cuts in the first half of 2025, with the federal funds rate target range lowered to 3.75%-4%.