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Hong Kong’s answer to Silicon Valley emerges as PARK AURA becomes a hub for AI and Web3 startups
Hong Kong’s answer to Silicon Valley emerges as PARK AURA becomes a hub for AI and Web3 startups

- Meitu founder Cai Wensheng announced full occupancy of PARK AURA, a HK$650M AI-Web3 startup hub in Hong Kong's Tin Hau district. - The 25-floor building features AI-themed spaces, free shared offices, and studios to foster innovation and talent retention. - Cai emphasized Hong Kong's "rich talent pool" and urged government-industry collaboration to accelerate AI-Web3 growth, mirroring Silicon Valley models. - He projected a $40T crypto market by 2035, aligning with Hong Kong's crypto-friendly policies th

Bitget-RWA·2025/11/04 12:26
Blockchain Connects Traditional Finance as UBS Achieves Tokenized Fund Breakthrough
Blockchain Connects Traditional Finance as UBS Achieves Tokenized Fund Breakthrough

- UBS AG executed its first tokenized fund transaction via Chainlink's blockchain infrastructure, marking traditional finance's integration with decentralized technology. - Chainlink's DataLink service enabled real-time, tamper-proof data feeds for UBS's tokenized funds, enhancing transparency through institutional-grade market data integration. - The milestone follows UBS's $3.25B bond issuance and HSBC price upgrade, reflecting its strategic shift toward blockchain-driven solutions amid regulatory scruti

Bitget-RWA·2025/11/04 12:10
Democratizing Blockchain Profits: Mevolaxy’s Application Facilitates $3.6 Million in Distributions
Democratizing Blockchain Profits: Mevolaxy’s Application Facilitates $3.6 Million in Distributions

- Mevolaxy, a U.S. mevstake platform, launched a mobile app and reported $3.6M in Q3 payouts, surpassing its previous record. - Its Mevstake system democratizes MEV strategies by pooling liquidity, offering fee-free staking with reduced market risk through locked terms. - The app emphasizes real-time tracking and user-friendly design, aligning with the platform's mission to make blockchain earnings accessible to all users. - Backed by experienced blockchain engineers and DeFi specialists, Mevolaxy's growth

Bitget-RWA·2025/11/04 11:48
Ethereum Updates Today: Large Holders Increase Holdings, Offsetting Ethereum's $3,400 Liquidation Risk
Ethereum Updates Today: Large Holders Increase Holdings, Offsetting Ethereum's $3,400 Liquidation Risk

- Ethereum faces $3,400 liquidation risks amid $3,600 breakout threats, with $807M short and $564M long liquidations at key levels. - Institutional accumulation (82,000 ETH by BitMine) and whale treasury holdings counter short-term weakness, while U.S. outflows contrast Asian inflows. - Layer-2 platforms maintain $20B TVL despite price declines, and projects like Remittix secure $27.8M to capitalize on market recovery. - Analysts project $4,000-$4,500 medium-term recovery if macroeconomic clarity and stabl

Bitget-RWA·2025/11/04 11:48
Community First, Not Investors: UnifAI's Tokenomics Redefine DeFi Standards
Community First, Not Investors: UnifAI's Tokenomics Redefine DeFi Standards

- UnifAI introduces a tokenomics model allocating 13.33% to community/ecosystem, challenging DeFi norms prioritizing investors. - This contrasts traditional models, emphasizing decentralized governance and user-driven growth through staking, voting, and revenue sharing. - 7% liquidity allocation and 20.75% foundation funds ensure stability, while 15% team incentives align long-term success with stakeholders. - Analysts highlight the 13.33% community focus as a strategic differentiator, mirroring institutio

Bitget-RWA·2025/11/04 11:28
Ethereum News Update: ISO 20022 Connects Blockchain with Banking Sector, Unlocking $100 Trillion Market
Ethereum News Update: ISO 20022 Connects Blockchain with Banking Sector, Unlocking $100 Trillion Market

- UBS and Chainlink executed first onchain tokenized fund redemption using ISO 20022 standards, bridging blockchain and traditional finance. - The pilot with Swift enabled standardized subscriptions/redemptions, streamlining RWA settlements without custom integrations. - Tokenized U.S. Treasuries now value $8.6B, with institutions like BlackRock and Deribit adopting them as collateral despite liquidity challenges. - Ethereum dominates 75% of tokenized RWAs and 60% of stablecoins, with Standard Chartered pr

Bitget-RWA·2025/11/04 11:12
November 4th Market Key Intelligence, How Much Did You Miss?
November 4th Market Key Intelligence, How Much Did You Miss?

1. On-chain Funds: $139.8M USD inflow to Arbitrum today; $113.8M USD outflow from Hyperliquid 2. Largest Price Swings: $DCR, $XUSD 3. Top News: WILD experiences cascading liquidations leading to flash crash, Arthur Hayes posts encouraging bottom-fishing orders

BlockBeats·2025/11/04 11:00
REI’s AI-Gasless Strategy Addresses Expensive and Inefficient Blockchain Issues
REI’s AI-Gasless Strategy Addresses Expensive and Inefficient Blockchain Issues

- REI Network integrates Spheron and XDGAI, shutting down GXChain on Nov 10, 2025, to focus on AI-native, gasless blockchain infrastructure. - Spheron provides decentralized GPU resources via REI's zero-fee EVM, while XDGAI enables on-chain AI training and multimodal learning through the network. - Strategic shift addresses blockchain's high-cost challenges, with initiatives like GasZero Program and AI Agent Activation Campaign to reduce transaction costs. - Product milestones include gas strategy simulato

Bitget-RWA·2025/11/04 10:28
Flash
20:09
Ci.ai Q4 revenue was $51.6 million, exceeding analysts’ expectation of $50.3 million.
Adjusted loss per share for Q4 was $0.33, while analysts expected a loss of $0.37. Fiscal 2027 revenue is projected to be between $210 million and $240 million, with analysts expecting $228.2 million. First quarter revenue is expected to be between $50 million and $54 million, with analysts expecting $52.7 million. Thomas M. Siebel was appointed as Chief Executive Officer (CEO). The stock of a certain exchange rose by 10% after hours.
20:09
Five Below shares dropped 8% in after-hours US trading
The company's net sales in the first quarter were $1.29 billion.
20:06
U.S. stocks close lower: the three major indexes ended in the red, NVIDIA fell more than 3%
According to Golden Ten Data on June 4, U.S. stocks closed lower on Wednesday, with the Dow Jones initially down 1.2%, the S&P 500 down 0.7%, and the Nasdaq down 0.89%. Microsoft (MSFT.O) and NVIDIA (NVDA.O) both fell more than 3%, Oracle (ORCL.N) dropped over 5%, while Intel (INTC.O) rose 4%. The Nasdaq Golden Dragon China Index closed down 2.46%, with Alibaba (BABA.N) slipping more than 2%.
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