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ChainCatcher News: The crypto data website DappRadar posted on social media, "After seven years, it's time to say goodbye," announcing the closure of the platform: "We have made the difficult decision to shut down the DappRadar platform. In the current environment, it has become increasingly difficult to achieve financial sustainability for a project of this scale. After exhausting all possibilities, we had to make this tough choice. When we started in 2018, the field was still in its infancy. There were only a handful of early decentralized applications, few explorers, and many questions about the future of decentralized applications remained unanswered. Inspired by Cryptokitties, we created DappRadar, hoping to help people explore and understand this new world. Together, we have weathered both bull and bear cycles. We are proud to have helped millions of users discover decentralized applications, conduct research, and continue learning through our content. We have established collaborations with hundreds of blockchains, thousands of developers, and projects. Our data has been cited by journalists, appeared in research papers, and spread worldwide in various languages. The blockchain sector often appears chaotic, and our mission has been to make it more understandable and trustworthy. As we step away, we are confident that we have stayed true to the right direction, upheld our core principles, and contributed positive energy to the industry. In the coming days, we will begin winding down the platform, including stopping the tracking of blockchain and decentralized application data and gradually shutting down related services. Regarding DAO and RADAR token matters, further announcements will be made through regular DAO channels. There are still important decisions to be made, and we look forward to the community's participation in the discussions. The mission to help people explore and understand decentralized applications should not end here. The Web3 space still needs a guiding light, and we hope someone will take up the torch and continue moving forward."

On November 17, Federal Reserve Vice Chair Jefferson stated that financial innovation has always been a feature of the U.S. financial system, and the rise of digital assets is part of this. The Federal Reserve's regulations neither encourage nor prevent the use of cryptocurrencies; this is up to the private sector. The role of the Federal Reserve is to ensure that as the public adopts new technologies, the banking industry remains safe and sound. As long as the Federal Reserve's policies stay aligned with the needs of businesses and households, there is no reason to believe that cryptocurrencies and other innovations will affect the Federal Reserve's ability to conduct monetary policy.