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The "doer" PayAI breaks through.
Alibaba Qwen Deep Research has added one-click webpage and podcast generation features. In testing, Qwen and Gemini were tied for best accuracy; Qwen led in research depth and webpage output, while Gemini excelled in multimedia quality. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still being iteratively improved.
The Base ecosystem prediction platform Limitless saw its token LMTS surge by 110%, with a market capitalization reaching $429 millions; MERL spot price increased by 40%, with a futures price spread of 48%; Machi suffered losses in contract trading; Giggle Academy clarified that it has not issued any tokens; Binance hired a Trump ally for lobbying; a mysterious whale increased BTC long positions; the probability of a Federal Reserve rate cut in October rose to 98.3%. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Chen Zhi, a 28-year-old from Fujian, founded Prince Group, the largest real estate conglomerate in Cambodia. He was later indicted by the U.S. Department of Justice for alleged transnational online fraud and money laundering, with $15 billion worth of bitcoin seized. His fraudulent empire involved large-scale online gambling and "pig-butchering" scams, and maintained operations by bribing public officials in multiple countries. Although he enjoyed a reputation as a philanthropist and entrepreneur in Cambodia, the true nature of his business empire has now been exposed.
![[Bitpush Weekend Review] Trump nominates SEC crypto task force chief legal advisor Michael Selig as CFTC Chairman; Trump says at a private gathering that cryptocurrency could help solve the $35 trillion US debt problem; Bloomberg: Since the introduction of regulatory bills in the US, the proportion of stablecoins used for payments has surged by 70%](https://img.bgstatic.com/multiLang/image/social/6f7dc601c3d5c684dffeb2a0f54b0e661761530402644.png)
Quick Take Summary is AI generated, newsroom reviewed. Wallets tied to FalconX and Wintermute recently bought 21k SOL (~$3.9 M) and 71.5k SOL (~$12.5 M) in one transaction. SOL currently trades near ~$190, matching transaction USD conversions of ~$3.9 M for 21k SOL (≈ $185 each). 71.5k SOL equals roughly 0.015% of Solana’s ~470 million circulating supply. Hong Kong’s SFC approved the first spot SOL ETF under ChinaAMC for listing on October 27, 2025.References X Post Reference
- 03:48Data: PAYAI market cap briefly surpasses 60 million USD, with a daily increase of over 140%According to ChainCatcher, GMGN data shows that the market capitalization of PAYAI briefly surged above 60 million USD and is now reported at around 59 million USD, with an intraday increase of over 140%.
- 03:48The total market capitalization of stablecoins has reached $308.783 billion, increasing by $1.305 billion in the past week.According to Jinse Finance, data from DeFiLlama shows that the current total market capitalization of stablecoins in the crypto market is $308.783 billions, an increase of $1.305 billions compared to 7 days ago, representing a week-on-week growth of 0.42%. Among them, USDT accounts for 59.29% of the market capitalization.
- 03:40Data: Ethereum spot ETFs saw a net outflow of $244 million last week, with Fidelity FETH leading at a net outflow of $95.25 million.According to ChainCatcher, citing SoSoValue data, last week Ethereum spot ETFs saw a net outflow of $244 million over the trading week, with none of the nine ETFs recording a net inflow. The Ethereum spot ETF with the largest weekly net outflow last week was the Fidelity ETF FETH, with a weekly net outflow of $95.25 million. Currently, FETH's historical total net inflow has reached $2.69 billion. The next largest was the BlackRock ETF ETHA, with a weekly net outflow of $89.03 million. ETHA's historical total net inflow has now reached $14.15 billion. As of press time, the total net asset value of Ethereum spot ETFs stands at $26.39 billion, with the ETF net asset ratio (market cap as a percentage of Ethereum's total market cap) at 5.55%. The historical cumulative net inflow has reached $14.35 billion.