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[Stanley Huang Adds 695 ETH in 2 Hours, Currently Facing a $109,000 Unrealized Loss] On October 31, Hyperinsight monitoring showed that Stanley Huang increased his long position by approximately 695 ETH within the past 2 hours. His 25x leveraged long position value has risen to $6.5 million. Currently, the position is facing an unrealized loss of $109,000 (-41%) and has incurred funding fees of $23,865.
[Upbit Supports UXLINK Token Migration from Arbitrum to Ethereum Network] Upbit has announced support for the migration of UXLINK tokens from the Arbitrum One network to the Ethereum network. The token exchange will be based on two snapshot data points, taken on September 22, 2025, at 23:55:00 (UTC+8) and November 3, 2025, at 15:00:00 (UTC+8). The exchange ratio is 1:1, with specific rules determined by the time and quantity of UXLINK held by users. Upbit emphasizes that this technical support does not affect the final decision to terminate UXLINK trading support. For more information, please refer to the official announcement.
[MGBX to Launch COOKIE and ANON Spot Trading] To further enrich the platform's trading options and enhance user trading experience, MGBX will officially launch the following spot trading pairs on October 31, 2025. Schedule: Deposit Opening Time: 2025-10-31 16:00:00 (SGT) Trading Opening Time: 2025-10-31 18:00:00 (SGT) Withdrawal Opening Time: 2025-11-03 19:00:00 (SGT) Trading Pair Details: COOKIE/USDT ANON/USDT For more trading opportunities, please visit 'Quick News Updates.' Data sourced from MGBX, provided for informational purposes only and does not constitute any investment advice.
**[Trump Pushes "Nuclear Option" to Address Government Shutdown Crisis]** On October 31, U.S. President Trump posted late at night, urging Senate Republicans to abolish legislative filibuster rules and pass the budget bill with a simple majority vote in an attempt to break the nearly month-long government shutdown deadlock. However, Senate Majority Leader Thune stated that the procedure would not be initiated for appropriations legislation. The shutdown has already caused approximately 750,000 federal employees to go on unpaid leave, and the Congressional Budget Office estimates that if it continues, it could drag down U.S. Q4 GDP by as much as 2%. Bitunix analysts believe that Trump's move aims to turn the shutdown issue into leverage for the election campaign, which could further exacerbate fluctuations in financial market confidence. Investors should pay close attention to congressional negotiations and credit market reactions.
[TRUMP Official Meme Coin Team Wallet Holds 27.37 Million VALOR Tokens] On October 31, the token VALOR issued by the America Launchpad platform became the largest holding in the TRUMP official Meme Coin team wallet, second only to TRUMP. As of now, the team wallet has received 27.37 million VALOR, equivalent to approximately $240,000.
[Western Union Applies for 'WAmericaD' Trademark, Potentially Expanding Cryptocurrency Services] Western Union recently submitted a trademark application for 'WAmericaD' to the United States Patent and Trademark Office, indicating plans to launch services covering cryptocurrency wallets, cryptocurrency trading, and stablecoin payment processing. The application documents reveal that the WAmericaD trademark involves stablecoin exchange, trading, and payment processing, while potentially supporting broader cryptocurrency services, including software for managing and verifying transactions, cryptocurrency exchanges, and financial brokerage services. Additionally, the documents mention cryptocurrency lending, as well as securities and derivatives trading, which significantly differ from Western Union's traditional business operations. Notably, in early October, Western Union also filed a trademark application related to its planned stablecoin USDPT, which is set to launch on the Solana blockchain in 2026. It remains unclear what specific distinctions exist between WAmericaD and USDPT. The WAmericaD trademark application has been accepted but has not yet been assigned to an examiner.