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.

If you still haven't found a suitable investment direction in this bull market, then Contentos might be a good opportunity.
What is Contentos?
Contentos is dedicated to creating a healthy content ecosystem, achieving decentralized profit distribution, and returning value to users. On Contentos, users can earn ecosystem rewards by sharing and promoting suitable content.
The vision of Contentos is to create a 'decentralized digital content community where content can be freely produced, distributed, rewarded, and traded, while protecting the rights of authors,’ committed to incentivizing content creation and global diversity, and returning the rights and value of content to users.

启动测试网
Monad 项目是一个高速第 1 层区块链，宣布已开始分阶段启动测试网。
尽管尚未正式宣布推出，但“The Block”已经向消息人士证实了这一点，社交媒体上也有报道称人们实际体验了处理速度。 Monad 据称每秒能够处理 10,000 笔交易，并且与以太坊（ ETH ）网络兼容，使其成为备受关注的区块链。
X官方账号16日报道称，测试网上线即将到来。之后，他们似乎真的开始了分阶段的发射。

目前该代币的详细信息尚未披露，但相信该公司将发行自己的虚拟货币，其开发进度以及未来空投的可能性正在引起投资者的关注。
Monad 概述
Monad 使用权益证明（PoS）作为其共识机制。因此，独特的代币预计将用于质押、费用支付等。
什么是 PoS？
总的来说，它是一种根据你拥有的虚拟货币（权益）比例获得批准和创建新区块的权利的机制。
区块链的主要特点是交易处理速度快、区块确认速度快、gas 成本低。它引入了并行处理机制，有时被称为“Solana ( SOL ) 杀手”。
其高度关注还体现在融资金额上，2024年4月宣布获得2.25亿美元投资（按当前汇率约合348亿日元）。此轮融资由风险

BONK surged 30% to hit an all-time high of $0.00005377, up 213.89% from its monthly low.

BONK surpasses WIF to become the largest meme token on Solana with a market cap of $4 billion.
The recent listing on Coinbase has boosted the growth of BONK and WIF, with BONK leading in trading volume.
As the cryptocurrency bull run continues, memecoins are leading the way with staggering gains and soaring market valuations. While the memecoin craze has cooled somewhat compared to earlier in the week, Solana’s memecoin BONK has taken advantage of the relative calm to hit a new all-time high.