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  • 08:41
    Justin Sun announces that SunPerp has officially upgraded to SunX: creating a smarter, more open, and more liquid DEX
    ChainCatcher news, on November 20, the SunPerp brand upgrade launch event was officially held via a certain exchange's livestream. SunPerp and the global advisor of the exchange, Justin Sun, attended the event and announced that SunPerp has officially upgraded to the new brand SunX. He stated that this upgrade is not just a change of name, but an ecological leap, marking that SunX will move from being a trading platform to becoming a truly self-circulating, self-growing decentralized ecological hub. Justin Sun believes that DEX has become the dominant force in the crypto industry, and SunPerp must transition from a "platform" to an "ecosystem," which is the core significance of the SunX upgrade. The letter "X" symbolizes eXtension, eXperience, and the future form of eXchange, representing the team's new vision for the future of decentralized finance. It also means that SunX will become a smarter, more open, and more liquid DEX. He further emphasized that the upgrade of SunX is not being promoted in isolation, but is strategically driven by the "Decentralized Trading Golden Triangle" formed by the exchange, TRON, and SUN: TRON provides a high-performance underlying network, the exchange connects global users and traffic entry points, and SUN becomes the core engine of ecological innovation and liquidity. The joint efforts of the three parties will drive the continuous expansion of the entire decentralized trading ecosystem.
  • 08:41
    Data: Sun Yuchen transferred 150 millions USD worth of BTC to his personal wallet a few minutes ago
    According to Bubblemaps monitoring, ChainCatcher reports that a few minutes ago Justin Sun transferred bitcoin worth 150 millions USD from a BitGo custody account to his personal wallet.
  • 08:37
    Original staking service provider Kiln launches Railnet, a yield infrastructure for institutions
    On November 24, it was reported that the former staking service provider Kiln announced the launch of Railnet, a yield infrastructure aimed at institutions. According to the announcement, Railnet is an open yield layer that standardizes the way capital flows between different yield sources. It does not participate in deposit competition, but instead connects asset management companies, protocols, and platforms through a unified channel. The protocol is currently collaborating with Ethena, Sentora, Chainlink, and others. In September, staking service provider Kiln issued an announcement stating that after SwissBorg suffered a hacker attack resulting in a loss of approximately $41 million worth of SOL, all Ethereum validator nodes will begin an orderly exit on September 10, 2025, which is expected to take 10 to 42 days to complete, with withdrawals requiring an additional 9 days. This is a precautionary measure to ensure asset security.
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