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Flash

The Smarter Web Company increased its holdings by 20 BTC, Futu Securities (Hong Kong) opened BNB deposits and withdrawals for professional investors

According to BBX data, last weekend, publicly listed companies and brokerages worldwide disclosed the latest developments in digital asset treasury allocation and trading channel services, with the core information as follows:The Smarter Web Company increased its holdings by 20 bitcoins: The London-listed technology company The Smarter Web Company officially announced that it recently made another asset allocation, increasing its holdings by 20 bitcoins. After this purchase, the company's total bitcoin holdings on its balance sheet have steadily risen to 2,850 BTC.Marinade released Q3 financial report, SOL staking volume increased significantly by 21.2%: The well-known Solana staking ecosystem project Marinade released its third-quarter financial report. The data shows that its SOL staking volume achieved significant growth, increasing by 21.2% to 7.94 million SOL. The company generated approximately $1 million in revenue for the quarter, demonstrating a robust cash flow in the on-chain staking ecosystem.Futu Securities (Hong Kong) launched BNB deposit and withdrawal services for qualified professional investors: Futu Holdings' Futu Securities International (Hong Kong) Limited officially announced the full launch of BNB deposit and withdrawal services for qualified professional investors (PI) in Hong Kong. Qualified investors can now use the BNB Smart Chain (BEP20) network to deposit funds from self-custody wallets to Futu crypto accounts or withdraw to verified whitelist addresses. Previously, Futu's wholly-owned licensed virtual asset trading platform in Hong Kong, PantherTrade, had already launched BNB trading pairs.

first_img Lido Lend plans to launch Fallback Exits to supplement withdrawals with borrower collateral

The lending protocol Lido Lend proposed by contributors will launch a withdrawal mechanism called Fallback Exits. When the market lacks sufficient liquidity of loan assets, lenders can utilize the collateral of borrowers to supplement withdrawal requests, and the corresponding debt of the relevant borrowers will be reduced. The protocol was launched on October 7 as a modified fork of Morpho Blue, built around isolated markets.According to the proposal, the collateral of borrowers will be passively utilized in order of the highest position risk, meaning positions closest to the liquidation loan-to-value ratio (LLTV) will be prioritized, while borrowers with very healthy positions are less likely to be affected. Taking the ETH/wstETH market as an example, lenders provide ETH, and borrowers stake wstETH to borrow ETH; if exiting through collateral, lenders will first be exposed to the staked tokens before receiving ETH. The proposal does not specify the qualification thresholds for healthy loans or the path for lenders to obtain ETH.Contributor Izzy stated in a post on October 16 that technical specifications and market parameters will be announced in the next two weeks, and the governance process and public audit must be completed before the mainnet launch. Details such as settlement valuation, debt offset formulas, fees, and limits have yet to be determined.

Gate Gold Dog launches dual activities: Trade Robinhood chain tokens to draw mystery boxes, SOL chain trading competition unlocks up to 50,000 USDT airdrop

According to the official announcement, Gate Doge (Trenches) will hold the 67th Hot Coin Competition from October 19, 16:00 to October 22, 16:00 (UTC+8). After registering, users can trade all Robinhood chain tokens in the Doge area to earn chances for a blind box lottery based on their cumulative trading volume, sharing a total airdrop reward of 30,000 USDT.Users who did not register with an invitation code can earn 1 regular blind box lottery chance for every cumulative trade of 200 USDT, while users who registered with an invitation code can earn 1 premium blind box lottery chance for every cumulative trade of 500 USDT. Both types of users can earn a maximum of 12 lottery chances during the event, with a winning rate of 100%.At the same time, the Gate Doge SOL chain peak trading competition will be held from October 19, 18:00 to November 2, 16:00 (UTC+8). Users who register and trade SOL chain tokens in the Doge area can unlock an airdrop prize pool worth up to 50,000 USDT. Once the effective cumulative trading volume of all registered users reaches a certain threshold, the corresponding tier prize pool will be unlocked, based on the highest tier reached at the end of the event.In addition, users with an effective cumulative trading volume of 40,000 USDT can participate in the trading ranking, with the top 100 qualifying users receiving rewards, and the champion can win an airdrop worth up to 10,000 USDT.
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