[Maji Big Brother continues to increase ETH long positions after liquidation, total losses reach $14.5 million] Onchain Lens monitoring shows that Maji Big Brother continued to add 25x leveraged ETH long positions after being liquidated. As of now, his total losses in contract and spot trading have reached $14.5 million.
The euro stablecoin EURAU, jointly launched by Deutsche Bank and asset management company DWS, has been expanded to multiple blockchain networks, including Ethereum, Arbitrum, Base, Optimism, Polygon, and Solana, through Chainlink's Cross-Chain Interoperability Protocol (CCIP). EURAU is a euro-backed stablecoin compliant with the EU's Markets in Crypto-Assets Regulation (MiCA), fully supported by reserves, and primarily used in scenarios such as corporate payments, fund management, and on-chain settlements. It also plans to further support the Canton network, which focuses on institutional financial applications. Alexander Höptner, CEO of AllUnity, stated that CCIP technology will enhance EURAU's usability in a multi-chain environment. Fernando Vazquez, Head of Banking and Capital Markets at Chainlink Labs, remarked that this integration lays the foundation for the next stage of development in European tokenized finance. EURAU was officially issued in July this year with approval from Germany's Federal Financial Supervisory Authority.
**[Kite Completes Testnet and NFT Snapshot, Announces Token Allocation Plan]** The Kite Foundation announced that the snapshot for the Ozone testnet and the "FLY THE KITE" NFT was completed on October 31 at 08:00 (UTC+8), covering interaction and social media binding data. Currently, EOA wallet binding is still ongoing, with the deadline subject to the official page's display. At the same time, the foundation revealed the tokenomics model. The total supply of KITE tokens is 10 billion, with 48% allocated to the ecosystem and community, 20% for modules, 20% for the team and early contributors, and 12% for investors. Modules, as the core components of the Kite network, include supply-side services such as computation, models, and data, as well as demand-side services like agents and applications. Rewards are distributed based on verified usage. Additionally, Kite (KITE) has been launched on Binance Launchpool, and spot trading will begin on November 3.
[Pi Network Ventures Strategic Investment in OpenMind to Co-Develop Decentralized Robotic Operating System] Pi Network's investment arm, Pi Network Ventures, has announced a strategic investment in OpenMind. The two parties will jointly develop a decentralized operating system for robotics. OpenMind plans to integrate Pi node operators to run AI workloads, leveraging idle computing resources to support robotics technology. The two teams recently completed a proof of concept. Previously, in August 2025, OpenMind completed a $20 million funding round led by Pantera Capital, with participation from Ribbit, Coinbase Ventures, and several renowned enterprises and angel investors.
[KITE Tokenomics Announced, Total Supply of 10 Billion Tokens with Initial Circulation of 18%] Binance's announcement reveals that the KITE tokenomics have been disclosed, with a total supply of 10 billion tokens and an initial circulation of 18% (1.8 billion tokens). Among these, Launchpool rewards account for 1.5% of the total supply (15 million tokens). According to official KITE data, the token allocation is as follows: - Ecosystem and community: 48%, allocated for community incentives and ecosystem development. - Modules: 20%, allocated as rewards for specialized services. - Team, advisors, and early contributors: 20%, incentivizing core members and early contributors. - Investors: 12%, distributed to funding institutions and individual investors.
**[Plasma Mainnet Processes 75 Million Transactions in One Month, User Count Exceeds 2.2 Million]** The Layer 1 blockchain project Plasma, focused on stablecoin optimization, processed 75 million transactions within 30 days of its mainnet launch, with an average daily transaction volume of approximately 2 million. The cumulative number of users has surpassed 2.2 million. According to Dune data, Plasma has recently been adding around 20,000 new active wallets daily. The initial liquidity of the mainnet was $2 billion USDT0, with an additional $4.8 billion flowing in within two days of launch. The current net inflow totals $7.8 billion. The stablecoin supply has exceeded $7 billion, accounting for approximately 2% of the global stablecoin market, making it the fifth-largest blockchain globally. The primary stablecoins include USDT0 ($4.9 billion) and sUSDe ($1.25 billion).