News Square
Global Crypto News · Real-time Aggregation
📚 Deep Analysis
More →DATA Network to migrate to Sui, retire own chain
The migration is backed by a $30 million investment from Sui Foundation. DATA Network, formerly known as Story, is planning to retire its independent blockchain and move its AI training data protocol to Sui, backed by a $30 million investment from Sui Foundation. The project’s Trace registry, which launched in June, will join the Sui ecosystem, while Walrus, a decentralized storage platform in the Sui ecosystem, will become the default storage layer for applications operated by DATA Foundation, its partners said on Monday. The partners pointed to Sui’s ability to process millions of daily data registrations and Walrus’s capacity to store large training datasets as reasons for the move. The DATA Network will continue to operate until the upgrade is complete, and a detailed timeline and holder transition plan will be published prior to the upgrade, it said. The Story Protocol was a blockchain built around intellectual property licensing. In June, it pivoted to building a “full stack for AI training data” as it rebranded to DATA Foundation. The company also launched an on-chain registry for AI training data provenance and licensing, called Trace. <em><strong>Related: </strong></em><a href="https://cointelegraph.com/news/story-protocol-pivots-to-ai-with-rebrand-to-data-foundation" rel="nofollow" target="_blank"><em><strong>Story Protocol rebrands to DATA Foundation in AI pivot</strong></em></a>
The 4-hour trading volume ratio of ETH contracts to spot is 17.05.
Bijiie data: Over the most recent 4 full hours for ETHUSDT, perpetual contract trading volume was 17.05 times spot trading volume. Compared with the same-caliber snapshot 24 hours ago, it rose by 11.1163; compared with the same-caliber snapshot 7 days ago, it rose by 6.1227.
FTX's old Bitcoin mining infrastructure finds a new role amid surging AI demand
According to news from Bijie, FTX's old Bitcoin mining infrastructure has found a new role amid surging AI demand. According to a Wall Street Journal report, this transformation reflects the cross-influence between the crypto industry and the field of artificial intelligence.
Banks in the UAE are facing tightening liquidity as surging loans force them to raise deposit rates.
According to news from Bijie, liquidity tightening in UAE banks and a surge in lending have forced several banks to significantly raise deposit rates. Affected by the war, credit demand in the UAE has risen sharply, with part of the funds coming from a multi-billion-dollar infrastructure program. First Abu Dhabi Bank (FAB), the largest bank in the UAE by assets, is offering a 5.6% savings account rate on new deposits made between September and December of this year, with no minimum balance requirement and no withdrawal restrictions.
The 4-hour trading volume ratio of BTC contracts to spot is 8.11.
Bjie.com data: Over the most recent 4 full hours for BTCUSDT, perpetual contract trading volume was 8.11 times spot trading volume. Compared with the same-caliber snapshot 24 hours ago, it rose by 1.0314; compared with the same-caliber snapshot 7 days ago, it fell by 0.1492.
COIN short position is 24.3746 million shares
CoinWorld US stock data: COIN's latest short position is 24.3746 million shares, down 3.41% from the previous period, with a days-to-cover of 2.50 days.
OneKey founder Yishi: Cryptobilis authorized dealer status has been terminated.
According to news from Bijie, OneKey founder Yishi stated that in response to the recent Ledger hardware wallet supply chain security incident, OneKey has terminated CryptoBilis's authorized reseller status, and effective immediately will stop adding new resellers and will re-review all existing resellers. Those whose operating entity or ultimate beneficial owner cannot be verified will have their authorization revoked. For users who purchased OneKey hardware wallets through CryptoBilis between March 1, 2026 and the date of the statement, OneKey will ship directly from the official channel, with no need to send back the old device, and the application deadline is December 31, 2026. Yishi said that so far there have been no reports of OneKey users suffering asset theft due to this incident, but recommended that users who have used the affected devices treat their old seed phrases as potentially compromised and transfer their assets as soon as possible to a wallet using a completely new seed phrase.
DATA Network will migrate to SUI and retire its own chain.
CoinWorld news: DATA Network has announced that it will migrate to SUI and retire its independent blockchain. The migration is supported by a $30 million investment from the SUI Foundation. DATA Network, formerly known as Story, plans to migrate its AI training data protocol to the SUI ecosystem. The project's Trace registry will join the SUI ecosystem, while Walrus will become the default storage layer for DATA Foundation applications. The network will continue operating until the upgrade is completed, and a detailed timeline and holder transition plan will be released before the upgrade.
Address 0x93c…3c6b9 has deposited another $2.85 million in $ENA, the largest amount in nearly a year.
Cointime news: address 0x93c…3c6b9 has once again deposited $2.85 million (about 11.64 million) $ENA into its wallet after a one-month gap, with the tokens originating from the Ethena proxy address. This deposit is the largest in the past year, and the specific purpose remains unclear.
Data: Gate's 24-hour contract open interest is approximately 14.1 billion USD, ranking among the top three in the industry.
According to Bijie data: Gate's contract open interest over the past 24 hours was approximately 14.1 billion USD, ranking among the top three centralized exchanges.