ETH breaks through the $3900 mark
OKX-ETH/USDT is currently trading at $3899.43, with a 5-minute increase of 0.56%. Please be aware of market fluctuations.
OKX-ETH/USDT is currently trading at $3899.43, with a 5-minute increase of 0.56%. Please be aware of market fluctuations.
[ZachXBT: Outdated Laws Fuel Misconduct in the Crypto Space] The class-action lawsuit against influencer Logan Paul regarding CryptoZoo was dismissed by a federal judge, who ruled that the jury could not determine Logan Paul's statements to be misleading or fraudulent. ZachXBT stated that outdated laws allow bad actors to exploit jurisdictional differences to continue misconduct in the crypto space. He emphasized that projects promoted without delivering substantive content, resulting in financial losses, should be held accountable. He believes this case should have been straightforward but instead exposed systemic flaws. Bittex warned that this outcome could set a dangerous precedent, and ZachXBT also expressed concerns that the Bittensor hacking case might face similar issues due to the complexity of privacy protocols and instant exchange processes. Previously, Logan Paul was accused of fraud and conspiracy to commit fraud for promoting the NFT project CryptoZoo, which never actually launched, with developers allegedly absconding with funds.
[Binance to Adjust Leverage and Margin Levels for Multiple Perpetual Contracts in 2025] Binance announced that starting from 14:00 (UTC+8) on November 4, 2025, it will adjust the leverage and margin levels for several USDⓈ-M perpetual contracts, including SAHARAUSDT, SAGAUSDT, WCTUSDT, and others.
A giant whale address (2z4gKC) holding 23000 SOLs (worth $4.37 million) reactivated after 10 months of silence, spending 65 mSOLs (worth $167000) to purchase 1.12 million GHOST tokens. (Lookonchain)
[Maji Slightly Increased ETH Long Positions and Reduced HYPE Long Positions] On November 2, according to HyperInsight monitoring, Maji slightly increased ETH long positions 10 minutes ago while reducing HYPE long positions. As of press time, Maji's total position size reached $10.45 million.
[Astar Community Proposes Reactivating Coretime Auto-Renewal Mechanism] The Astar community has released a proposal to initiate an XCM call from Astar to the Coretime system chain on Polkadot, aiming to reactivate the automatic Coretime renewal mechanism. If the proposal is approved, Astar Core 38 will achieve a 28-day automatic renewal, ensuring continuous network operation without requiring manual or governance-driven renewal actions. Currently, the Astar sovereign account balance is approximately 300 DOT, which, at the current rate, can support about 2 years of renewal coverage.