[ADP 'Small Nonfarm' Data to Be Released Tonight, May Become an Important Reference for the U.S. Job Market] Due to the U.S. government shutdown, the official nonfarm payroll data has failed to be released on time for the second consecutive month, making the ADP 'Small Nonfarm' data a key reference indicator for the market. The latest data is expected to be released today (November 5) at 21:15 (UTC+8). The market predicts that U.S. private sector employment in October will increase by 28,000 jobs, rebounding from last month's decline of 32,000 jobs. Although ADP data may exhibit significant fluctuations due to benchmark adjustments, other recent employment indicators suggest that the U.S. labor market remains resilient. However, economists warn that there are significant differences between ADP data and official nonfarm payroll data, and it should not be given excessive weight. Additionally, caution is advised regarding potential market volatility it may trigger.
24/7 Flashes
More >Zama收购KKRT Labs以提升区块链保密性
[Zama Acquires KKRT Labs to Enhance Blockchain Privacy] Confidential blockchain protocol Zama has announced the strategic acquisition of KKRT Labs, a company specializing in the development of zero-knowledge proof technology. This acquisition will strengthen Zama's capabilities in blockchain scalability and zero-knowledge proof technology, and accelerate Zama's ability to provide high-performance privacy for all public blockchains.
Intuition Announces TRUST Token Airdrop Details and Eligibility Requirements
Intuition has announced that the TRUST token airdrop will go live on November 5 at 18:00 (UTC+8). Eligibility for the first season of the airdrop is determined by a combination of IQ points and Orbit roles. IQ points are accumulated based on users' on-chain activities and community participation during the testing phase, including protocol points, launchpad points, portal points, community points, referral points, and relic points. Orbit roles are granted to community contributors and leaders who advance Intuition's mission, ranging from Level 1 to Level 7, with higher levels receiving greater rewards. This airdrop aims to ensure that genuine participants receive TRUST tokens, promoting decentralized network governance.
Upbit NFT推出限时免费活动，纪念2025韩日建交60周年
[Upbit NFT Launches Limited-Time Free Event to Commemorate the 60th Anniversary of Korea-Japan Diplomatic Relations in 2025] The Upbit NFT platform is launching a limited-time 6-hour free event to commemorate the 60th anniversary of Korea-Japan diplomatic relations in 2025. The event includes free participation in the lottery for the commemorative play 'Yakiniku Dragon: 용길이네 곱창집,' with winners having the opportunity to watch the performance at the Hall of Art. For event details and participation methods, please visit the Upbit NFT official website.
Trader 0xc2a3: opens 8562.84 ETH short positions after losing $44.67 million
Trader 0xc2a3 lost $44.67 million on long positions in BTC, ETH, SOL, and HYPE, breaking its 100% win rate record and turning bearish. He just opened 8562.84 ETH short positions with 25 times leverage, worth $28.3 million. （Lookonchain）
Mastercard: Investing $2 billion to drive cryptocurrency development
Mastercard announced a $2 billion investment into the cryptocurrency sector, which may drive traditional finance to operate 24/7 and change the banking industry's operating model. （Cointelegraph）