Alibaba Subsidiary Drives Attention to its Ethereum Layer 2 Blockchain

Quick Take Summary is AI generated, newsroom reviewed. Ethereum added 16,181 new developers from Jan-Sept 2025, topping all other ecosystems. The network maintains the largest active developer base overall with 31,869, followed by Solana's 17,708. The data from Electric Capital highlights new developers overwhelmingly prefer the Ethereum ecosystem. Solana and Bitcoin also show strong momentum with 11,534 and 7,494 new developers, respectively.References according to Electric Capital data, from January to S

Quick Take Summary is AI generated, newsroom reviewed. A sudden market dip on October 16 caused massive liquidations on Hyperliquid. Trader James Wynn's entire portfolio was wiped out due to exhausted margin on leveraged longs. Machi Big Brother lost over $53 million with 21.5x leveraged long positions on ETH. The incident underscores the severe risks of using extreme leverage in volatile crypto markets.References The sudden market dip just wiped out all positions of @JamesWynnReal and partially liquidated

- FF token plunged 310.94% in 24 hours after a 2342.59% 7-day surge, highlighting extreme volatility. - The sharp correction reflects speculative retail trading and algorithmic patterns, with no stable price anchors. - A 3691.77% 30-day drop and 5654.36% annual depreciation reveal structural bearishness and lack of long-term investor confidence. - High leverage and short-term trading dominate FF's dynamics, contrasting with fundamental value-driven markets.