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Project original intention:
Mind Network is the first solution that combines Fully Homomorphic Encryption (FHE) and Proof of Stake (PoS) networks. This network supports re-staked ETH, BTC, and AI blue-chip tokens, operating as an FHE verification layer, providing consensus protection, data privacy, and the security of cryptoeconomics for major PoS networks such as decentralized AI, DePIN, EigenLayer, Symbiotic, and Babylon AVS.

Big names backing Mind Network:
In addition to major investments from Binance, it has also garnered favor from several other institutions: major investors include Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, IBC Group, and others.

Project background:
Solayer was established in 2024, initially positioned as a re-staking protocol on the Solana chain, focusing on providing users with efficient staking and re-staking services. Its goal is to enhance the performance and user experience of the blockchain network through technological upgrades and token incentive mechanisms.

Solayer releases 2025 roadmap: will launch the infinitely scalable multi-execution cluster architecture Solayer InfiniSVM
The Solana re-staking platform Solayer has released its 2025 roadmap, which will launch the hardware-accelerated SVM blockchain Solayer InfiniSVM, an infinitely scalable multi-execution cluster architecture, connected through SDN and RDMA, capable of 100 Gbps while maintaining atomic state.

On the 26th, the cryptocurrency (virtual currency) exchange BitBank announced its participation in the phased mainnet launch of the Bitcoin (BTC) staking protocol Babylon.
He explained that he will investigate the technical structure and project direction of Babylon. The company also stated that it will gather knowledge about staking trends, including Bitcoin, and utilize this knowledge to consider future business operations and service expansions.

The Babylon project announced in August that the protocol will launch in three phases. The outlines of each phase are as follows.
Phase 1: Bitcoin owners lock up their Bitcoins

What is dappOS?
dappOS is an intent execution network that revolutionizes the way users interact with decentralized blockchain systems. Instead of having to manually complete multiple steps in traditional dApps, users can focus on what they want to achieve with dappOS. The network's service providers handle all the intermediate processes, ensuring that users get the results they want with minimal effort and institutional-level efficiency.

dappOS Protocol, the first Web3 operating solution, announced that it has been selected into the highly competitive Binance Labs Incubation Program. The selection process is expected to involve more than 900 protocols, each vying for one of the 12 spots in Binance Season 5, an initiative designed to advance the blockchain space.

Binance's move to launch gaming assets has made the long-dormant GameFi sector lively again. Among the four gaming projects launched, two assets are more or less related to gaming chains, among which Xai is the representative of Layer3 gaming chains.

Technical features of XAI:
XAI uses the Arbitrum Nitro technology stack and is a permissionless Orbit chain. Orbit Chain is Layer3 launched in June 2023 on top of Arbitrum Layer2.
On June 22, 2023, Offchain Labs released a tool for issuing Arbitrum Orbit Chain. Orbit Chain is a Layer3 on top of Arbitrum Layer2. You can choose to use one of the three Layer2s, including Arbitrum One, Arbitrum Nova, and Arbitrum Goerli, for settlement. Users can choose to use Rollup or Anytrust technology. The difference is that Anytrust uses DAC instead of submitting transaction data to the chain, which is cheaper but less secure.

12th Anniversary of the First Halving

On the 28th, it has been 12 years since the first halving of the cryptocurrency (virtual currency) Bitcoin (BTC).
Halving is the time when the block reward (= amount of new issuance) received by Bitcoin miners is halved. The first halving took place on November 28, 2012, when the block reward was reduced from 50 BTC to 25 BTC.
According to the plan, the block reward is halved approximately every four years. Bitcoin experienced its fourth halving in April this year, and the current block reward is 3.125 BTC.
At the time of the 2012 halving, the Bitcoin price was 1 BTC = about $12. At the time of writing, it is still in the highest price range, hovering around $95,000. Therefore, in the 12 years since the first halving, Bitcoin has increased in value by about 770,000%.

Target 5 virtual currencies

The overseas cryptocurrency exchange Binance announced on the 26th plans to delist 5 altcoins. Starting from December 10, 2024, at 12:00, all spot trading pairs and derivatives (margin trading) related to the following five will be suspended.
GFT
IRIS Network (IRIS)
Self-Key (KEY)OAX (OAX)RENBinance is a global exchange, and its delisting may affect investor confidence and the market valuation of these altcoins. After the announcement, REN was affected by -15.8% compared to the previous trading day, GFT by -35.2%, and OAX by -36.3% (as of the time of writing).

GMT DAO is an independent organization of GMT holders dedicated to overseeing the future of GMT through transparent and community-led governance. The establishment of the DAO represents a commitment to give GMT holders a say in key decisions ranging from token management to ecosystem development. @GMT DAO

GMT lies at the heart of the FSL ecosystem. Earned exclusively in Step, the token plays a vital role across all FSL products. GMT runs on four blockchains — Solana, BNB Chain, Ethereum, and Polygon — and is used on GasHero, to trade items and burn NFT upgrades. On MORE, all items can be traded using GMT, and it is also at the heart of primary sale raffle mints with key partners, and is used to purchase the newly launched Stephen Go sneakers and perform various app functions.