Blockbeats

Blockbeats

Tomorrow’s news rhymes on BlockBeats.

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Blockbeats
Blockbeats
Stonk launches "Community Coin" model: holders of USELESS, PENGU, and others can share new Meme coin rewards
BlockBeats news, on October 3rd, Solana ecosystem Stonk announced this morning the launch of the "Community Coins" mechanism. Users holding designated Solana community coins will be able to receive holder rewards from newly issued Meme coins paired with them in the future. According to the rules, each Meme coin issued under the "Community Mode" will allocate 33% of its holder rewards to eligible community coin holders, with the remaining 67% distributed to the holders of the Meme coin itself.
Blockbeats
Blockbeats
"Maji" continues to increase long positions in HYPE and PUMP, with total unrealized losses expanding to $450,000
BlockBeats news, on October 3rd, according to TradingBeats monitoring, the address of "Brother Maji" Huang Licheng is continuously increasing long positions in HYPE and PUMP, with the total unrealized loss of the account expanding to 450,000 USD: · 25x long 37,000 ETH, average entry price 2688.97 USD, unrealized loss 250,000 USD; · 40x long 300 BTC, average entry price 84,719.50 USD, unrealized profit 41,000 USD; · 10x long 181,000 HYPE, average entry price 89.74 USD, unrealized loss 280,000 U
Blockbeats
Blockbeats
U.S. stocks' fourth-quarter "short squeeze" conditions are gradually forming: CTA positions are massively retreating, and $1.3 trillion in buybacks are poised to launch
BlockBeats news, on October 3rd, according to WSJ reports and data from institutions such as Goldman Sachs, US stock CTAs (trend-following quantitative funds) have recently undergone significant position adjustments. Rubner research shows that their position Z-score has dropped from +2.35 at the end of August to -0.80, a swing of more than 3 standard deviations within a month, indicating that previously accumulated long positions have been significantly cleared. Meanwhile, US companies have aut
Blockbeats
Blockbeats
Head of OpenAI Security Systems Team Resigns
Breaking AI news: On October 3 local time, David Robinson, head of OpenAI's security systems team, resigned. An OpenAI spokesperson stated that Robinson left the company last week; he was previously responsible for the company's policy planning and involved in AI safety transparency efforts, including the development and release of model "system cards."
Blockbeats
Blockbeats
Forbes: Bitcoin "devaluation trade" narrative heats up, Trump says a certain level of inflation can quickly reduce $40 trillion debt
BlockBeats news, on October 3rd, according to Forbes, U.S. President Trump stated in an interview with Time magazine that "a certain degree of inflation will also very quickly repay debt," sparking market discussions about the U.S. reducing its real debt burden through nominal economic growth and inflation. The report points out that the U.S. federal debt has exceeded $40 trillion, more than doubling in the past decade, while interest expenses have continued to rise following Federal Reserve ra
Blockbeats
Blockbeats
Robinhood ecosystem Meme generally retraced, PONS dropped nearly 57% from its high point
BlockBeats news, on October 3rd, according to GMGN market data, the Robinhood ecosystem Meme has generally retraced recently, with several popular projects showing significant declines from previous highs. Among them, the ecosystem's representative token PONS currently has a market cap of about $429 million, down about 57% from the previous high of nearly $990 million, with a 24-hour drop of 19.5%. Other popular Memes: INU currently has a market cap of about $3.2 million, with a 24-hour drop o
Blockbeats
Blockbeats
A certain whale shorted PONS, with an unrealized profit of about $2.12 million
BlockBeats news, on October 3rd, according to TradingBeats monitoring, the Hyperliquid whale address 0x936c currently holds about 14.85 million PONS short positions, with a position value of approximately 6.26 million USD, a 2x leverage, cumulative unrealized profit of about 2.12 million USD, and a position return rate of about 50.6%. Today, this address added about 1.09 million PONS short positions. The mark price of the PONS perpetual contract on Hyperliquid is temporarily reported at about 0
Blockbeats
Blockbeats
PONS has dropped more than 18% in 24 hours, with a current market value of $427 million
BlockBeats news, on October 3rd, according to GMGN market data, the Robinhood chain project PONS dropped 18.73% in 24 hours, with the current market value reported at approximately $427 million and a 24-hour trading volume of about $23.9 million.
Blockbeats
Blockbeats
Glassnode: High-level Bitcoin investors who bought in are selling, with the highest average daily sell volume among buyers during the 2025 rally
BlockBeats news, on October 3rd, according to Glassnode monitoring, investors who bought BTC at high prices are currently selling. Among them, two types of investors are at a floating loss: those who bought 1-2 years ago with a cost of about $97,000, and those who bought 6-12 months ago with a cost of about $89,000. Glassnode stated that investors who bought BTC during the 2025 bull run have the highest average daily sell volume this year; while investors who bought during the market correction
Blockbeats
Blockbeats
Greek police dismantle a crypto scam gang, involving over 8 million euros
BlockBeats news, on October 3rd, Greek police dismantled a crypto investment scam gang and arrested 17 people, including 9 military personnel. Preliminary police investigations show that about 10,000 people participated in the investment, with an average investment of about 800 euros per person, and the amount involved is estimated to exceed 8 million euros. The gang operated by recruiting people to get higher returns, showing obvious "pyramid" characteristics. In addition, the gang recently fr