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This article analyzes the results of the Monad airdrop allocation and the community's reactions, pointing out that a large number of early testnet interaction users experienced a "reverse farming" situation, while most of the airdrop shares were distributed to broadly active on-chain users and specific community members. This has led to concerns about transparency and dissatisfaction within the community. The article concludes by suggesting that "reverse farmed" airdrop hunters shift their focus to exchange activities for future airdrop opportunities.
The grand vision of unified development across the entire financial sector on Hyperliquid has never been so clear.
![[Bitpush Daily News Highlights] The US plans to confiscate 127,000 BTC, potentially increasing its bitcoin holdings to 324,000 BTC; Powell hints at possible rate cuts due to weak hiring and rising unemployment; Japan to introduce new regulations banning crypto insider trading; US Republicans propose a bill to codify Trump’s executive order allowing 401(k) investments in cryptocurrency and private equity.](https://img.bgstatic.com/multiLang/image/social/b0411719ec6c4657208c834dbbc069d31760470562725.png)
The US and UK have jointly taken action against one of the largest investment fraud networks in history, seizing a record amount of funds.
On the surface, it is a DEX, but in reality, 40% of the initial supply will be used to fund public goods.
You can say it doesn't understand mining, but never say it doesn't understand gaming.
Where does the next opportunity lie?
- 09:03Ripple establishes custody partnership with South Africa's Absa BankForesight News reported that Ripple has announced a strategic partnership with South Africa's Absa Bank to provide digital asset custody services for the bank's clients in South Africa. Through this collaboration, Absa will utilize Ripple's institutional-grade digital asset custody technology to offer storage services for tokenized assets, including cryptocurrencies. Earlier this year, Ripple announced it would support Absa with crypto payment technology, support African payment provider Chipper Cash, and revealed that its USD-backed stablecoin RLUSD would be launched in Africa.
- 09:03Meteora executive suggests using "Kuaishoubi" as the Chinese name for SolanaForesight News reported that Meteora lead Soju posted on X, suggesting using "快手笔" (kuài shǒu bǐ) as the Chinese name for Solana, representing Solana's speed and cost-effectiveness. "快手" stands for speed and efficiency, while "笔" symbolizes the pen that writes transactions into the blockchain ledger. This post was retweeted by Solana co-founder toly.
- 09:02NEAR Foundation announces five executive appointments to help NEAR promote privacy-focused AI-native productsForesight News reported that the NEAR Foundation has announced a series of executive appointments. The new executives will assist NEAR in building user-sovereign AI and promoting privacy-focused AI-native products. The new appointments include: George Zeng as Chief Product Officer of NEAR Foundation and General Manager of NEAR AI, Matt Kummell as Chief Business Officer of NEAR Foundation, Alycia Tooill as Head of NEAR Foundation, Chris Briseno as Chief Marketing Officer of NEAR Foundation, and Bowen Wang as Chief Technology Officer of NEAR and Founder of NEAR One. NEAR stated that these newly appointed executives previously held key positions at institutions such as Bloomberg, Digital Currency Group, Flipside, and dYdX.