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ENI CEO Arion Ho: DeFi decentralization, at its core, is about safeguarding rules and exit rights
ENI Founder and CEO Arion Ho emphasized at the Hong Kong Consensus Conference that the decentralization of DeFi requires substantive rules rather than the pursuit of absolute freedom. He pointed out that liquidity concentration is a normal phenomenon, and the real risk lies in user exit restrictions. ENI is promoting the maturity of DeFi through technological deployment, and the current project valuation exceeds $1 billion.
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TNSR (Tensor) 24-hour increase of 26.92%
Gate News Bot Message, February 12th, according to CoinMarketCap data, as of press time, TNSR (Tensor) is trading at $0.05, up 26.92% in the past 24 hours, with a high of $0.07 and a low of $0.04. The 24-hour trading volume reached $78.4 million. The current market capitalization is approximately $25.1 million, an increase of $5.31 million from yesterday.
## Important Recent News for TNSR:
Since the provided sources are links to third-party price aggregation and analysis platforms and do not include specific news events or fundamental updates, it is not possible to extract clear driving factors. The recent increase may be influenced by the following combined factors:
1️⃣ **Increased Trading Activity**
The 24-hour trading volume of $78.4 million indicates a significant rise in market participation,
TNSR26,64%
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Cardano Founder: Privacy-focused Midnight Blockchain to Launch in March
Cardano founder Hoskinson announced that the privacy blockchain Midnight will go live in the last week of March. Based on zero-knowledge proof technology, it adopts a selective disclosure privacy model and supports data access with different permissions. Meanwhile, the Midnight City Simulation testing platform will open on February 26.
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ADA-2,38%
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Analysis: Bitcoin is stuck in a "structural deadlock," with demand corridors absorbing selling pressure but massive trapped positions suppressing the rebound potential.
Bitcoin price is hovering between the average of $79,200 and the realized price of $55,000, reflecting a defensive market stance. The demand zone is still absorbing selling pressure, but unrealized loss positions above are creating resistance. Buyer confidence is fragile, institutional funds are flowing out, and the spot market's capacity to absorb selling is limited, leading to increased market volatility.
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BTC-2,02%
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Elon Musk: xAI recently underwent restructuring to improve operational efficiency
Foresight News Report, Elon Musk tweeted that "xAI recently underwent a restructuring to improve operational efficiency. As the company grows, its organizational structure must evolve continuously, just like any living organism. Unfortunately, this means we have to part ways with some people. We wish them all the best in their future endeavors. We are currently actively hiring."
Earlier, several members of xAI posted messages indicating they would be leaving their positions, including co-founder Wu Yuhui and Jimmy Ba.
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Citibank implements the full lifecycle of bills on the Solana blockchain
BlockBeats News, February 12 — According to official sources, Citibank announced that it has tokenized a bill of exchange on the blockchain and completed its entire lifecycle (from issuance to settlement) on Solana.
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YB (YieldBasis) rose 18.51% in the past 24 hours, with a market capitalization of approximately $17.4 million.
Gate News Bot Message, February 12th, according to CoinMarketCap data, as of press time, YB (YieldBasis) is currently trading at $0.20, up 18.51% in the past 24 hours, with a high of $0.20 and a low of $0.13. The current market cap is approximately $17.4 million, an increase of $2.72 million from yesterday.
YieldBasis is a DeFi platform that generates returns based on market volatility. Users can earn rewards through trading profits or token rewards, with trading profits coming from market activity and token rewards obtained by depositing liquidity to earn YB tokens. The platform currently manages a total value locked (TVL) of $175 million, offering 4 active markets with a maximum market yield of 43%. Supported assets include mainstream cryptocurrencies such as cbBTC, tBTC, WBTC, and WETH, allowing users to choose different yield strategies based on their needs.
YB18,56%
WBTC-2,07%
CRV-0,17%
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Cardano welcomes a major cross-chain partnership, LayerZero confirms integration sparking ecosystem imagination
Input Output CEO Charles Hoskinson confirmed at the Consensus Hong Kong conference held in Hong Kong that an agreement has been reached with LayerZero, a cross-chain protocol that will officially connect to the Cardano blockchain. This partnership is seen as an important step for Cardano to expand its cross-chain infrastructure and enhance institutional-grade application capabilities.
LayerZero has gained attention in recent years for its composable cross-chain communication architecture, aiming to provide secure and efficient multi-chain connectivity solutions for the institutional market. Just one day before the announcement, the project received a strategic investment from Citadel Securities, further strengthening its influence in the integration of traditional finance and blockchain. Meanwhile, LayerZero's mainnet Midnight was launched on the same morning, providing a key technological support point for its ecosystem expansion.
ADA-2,38%
ZRO-11,56%
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Elon Musk reorganizes xAI into SpaceX, and the Grok controversy combined with the departure of the founding team sparks a major upheaval in the AI landscape?
Elon Musk announced on X that his artificial intelligence company xAI has initiated a restructuring and "needs to part ways with some employees," aiming to improve operational efficiency. He did not disclose the scale of layoffs nor specify whether they were voluntary or involuntary, but emphasized that the company is still hiring, indicating that xAI will continue to advance its core products and computing power layout.
This adjustment comes amid ongoing turmoil within the founding team of xAI. Co-founders Jimmy Ba and Tony Wu confirmed their departure this week, following the exit of several other core members including Igor Babuschkin, Kyle Kosic, Christian Szegedy, and Greg Yang. The team changes are happening in tandem with a strategic shift.
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Pudgy Penguins partners with Visa to launch the crypto payment card Pengu Card, entering the global payment market
Pudgy Penguins partners with Visa and KAST to launch Pengu Card, entering the consumer finance sector. This globally accepted card can be used directly with stablecoins or cryptocurrencies for purchases, offering rewards of up to 12%. The card is available in standard, black, and gold versions, and users can earn referral rewards by inviting friends to participate.
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PENGU-0,92%
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The crypto market continues to pull back, with BTC falling below $68,000. Only the NFT, Layer2, and SocialFi sectors remain relatively resilient.
The overall crypto market declined, with Bitcoin and Ethereum falling by 1.97% and 2.83% respectively. Despite this, the NFT, SocialFi, and Layer2 sectors performed relatively well, rising by 1.40%, 0.53%, and 0.04% respectively. Other sectors mostly declined, but some cryptocurrencies like PIPPIN, Aster, Hyperliquid, and eCash defied the trend and increased in value.
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BTC-2,02%
ETH-3,12%
APE-0,95%
TON0,82%
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MANTA (Manta Network) has increased by 22.87% in the past 24 hours, now trading at $0.08
Gate News Bot Message, February 12 — According to CoinMarketCap data, as of press time, MANTA (Manta Network) is trading at $0.08, up 22.87% in the past 24 hours. The price reached a high of $0.08 and a low of $0.06. The 24-hour trading volume is $35.2 million. The current market capitalization is approximately $37.1 million, an increase of $6.91 million from yesterday.
Manta Network is a modular blockchain for zero-knowledge applications. As the first modular L2 built on Ethereum using Celestia DA, Manta Network aims to reduce gas fees through modular design, achieving excellent performance at lower costs. The network has established a thriving ecosystem with over 200 projects including Galxe, iZUMi, Orbiter Finance, Pyth, and ApolloX. Users can stake MANTA to earn an APY of 14.7% and participate in community governance to shape the network’s future. Manta Network is supported by top institutions like Polychain Capital and continues to promote innovation in modular blockchain and zero-knowledge technology.
MANTA22,17%
ETH-3,12%
TIA-0,94%
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Data: 41.61 BTC transferred out from GSR Markets, worth approximately 2.41 million USD
ChainCatcher message: According to Arkham data, at 09:58, 41.61 BTC (approximately worth $2.4 million) was transferred from GSR Markets to an anonymous address (beginning with bc1qm...).
BTC-2,02%
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Base.dev Launches App Rankings to Boost Exposure of Popular Base Apps
Base.dev officially launches the ranking feature, automatically showcasing applications with outstanding platform performance to help users discover high-quality apps. The first ranking focuses on mini apps, enhancing social interaction, and includes share cards. All applications must register to participate, and more ranking categories will be introduced in the future.
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Polkadot Data: The current bot has generated 51% of the total network traffic, surpassing human activity for the first time.
PANews February 12 News, according to Cointelegraph, Polkadot data shows that robots currently generate 51% of the total network traffic, officially surpassing human activity for the first time.
DOT-1,39%
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Data: Hyperliquid platform whales currently hold positions worth $2.78 billion, with a long-short position ratio of 0.94.
According to Coinglass data, whale holdings on the Hyperliquid platform amount to $2.78 billion, with long positions accounting for 48.37% and short positions for 51.63%. Long positions have a loss of $153 million, while short positions are profitable by $260 million. The giant whale address 0xa5b0..41 is fully long on ETH at a price of $2055.73, with an unrealized loss of $5.1892 million.
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ETH-3,12%
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