[Alliance DAO Co-Founder: Stock Index Will Outperform L1 Tokens Over the Next 10 Years] Alliance DAO co-founder QwQiao stated in a post that he is willing to bet that the stock index selected by him will outperform the weighted index of Layer 1 tokens over the next 10 years. QwQiao pointed out that most people mistakenly believe that growth equals profit and market capitalization growth, but historically, there have been industries with unprofitable growth or profitability without growth. QwQiao believes that while blockchain will grow rapidly, competition will drive down profits. Although the blockchain market is not perfectly competitive, it is far more competitive than an oligopoly.

Solana announced today that all Solana tokens will be available for Coinbase users to trade. （CoinDesk）

[Former Movement Labs Co-Founder Rushi Manche Establishes Nyx Group with Plans to Invest $100 Million] Former Movement Labs Co-Founder Rushi Manche has announced the establishment of a new investment firm, Nyx Group, which plans to inject up to $100 million in liquidity into projects preparing to issue tokens, while also providing operational support in areas such as compliance, community, and governance. The firm has already commenced operations, focusing on projects with active users, revenue, and community-driven market traction, aiming to bridge the gap in funding and guidance for entrepreneurs. Manche was previously dismissed from Movement Labs due to allegations of market manipulation involving 66 million MOVE tokens, with related legal proceedings still ongoing.

[ZachXBT Discloses a User Losing Approximately $1.1 Million Due to Private Key Leak] On-chain detective ZachXBT monitored and discovered that about 23 hours ago, a victim experienced abnormal transfers across wallets on five EVM chains, with total losses amounting to approximately $1.1 million, suspected to be caused by a private key leak. The attacker converted all assets into ETH and transferred 330 ETH to Tornado Cash for mixing.

[Grayscale Bittensor Trust Listed for Trading on OTCQX Secondary Market] Grayscale's Grayscale Bittensor Trust has begun trading on the OTCQX secondary market operated by OTC Markets Group Inc., with the stock symbol GTAO. The trust fund has remained private since its establishment in August 2024 and is now open to a broader range of investors through public offerings. Bittensor will undergo a halving on December 14, which will reduce the token issuance allocated to network participants and increase the scarcity of TAO.