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  • 10:24
    The "BTC OG insider whale" has fully executed all long orders for SOL, with an average entry price of $137.53.
    BlockBeats News, December 12, according to on-chain analyst Ai Yi (@ai_9684xtpa), the "BTC OG insider whale" has fully executed all 20x leveraged long orders on SOL. The current single-coin position has reached 250,000 SOL, valued at $34.44 million, with an average entry price of $137.53 and an unrealized profit of $89,000.
  • 10:23
    Figure has submitted an application to the US SEC for the native issuance of stocks on Solana
    BlockBeats News, December 12, Figure Executive Chairman of the Board Mike Cagney stated at the Solana Breakpoint conference, "About a week and a half ago, we announced another development—essentially conducting a second IPO, where we are natively issuing a new version of Figure equity on the public blockchain." This issuance will not go through DTCC, nor will it be traded on Nasdaq or NYSE, and it will not rely on introducing brokers like Robinhood, nor depend on prime brokerage services from institutions such as Goldman Sachs. This is a blockchain-native security, traded on Figure's own alternative trading system (ATS), which is essentially a decentralized trading platform: self-custody, self-execution, and self-operated market. Investors will be able to bind these types of securities to an ATS wallet, instead of a traditional introducing broker account; then they can use this equity for collateralized lending, borrowing, and other operations in DeFi."
  • 10:23
    Kamino co-founder: Fixed-rate and term lending products to be launched soon, enabling true interest rate price discovery
    BlockBeats News, December 12, Solana ecosystem liquidity protocol Kamino co-founder Marius stated at the Solana Breakpoint conference, "We are about to launch fixed-rate, fixed-term lending products. Users will be able to choose the interest rate and term, and transact at that rate." This mechanism allows institutions that need to determine financing costs to enter the market, while also enabling asset cycling strategies to obtain a lockable and stable interest rate spread. We are working with Fal X (one of the largest brokers in our market), and one important subcomponent is the lending intent—it allows both borrowers and lenders to place orders at their desired interest rates, thereby achieving true on-chain interest rate price discovery and forming an on-chain yield curve."
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