According to an official announcement, Gate Web3's BountyDrop launched its KvantsAI airdrop event today. Users can participate in the task through the BountyDrop module on the Gate Web3 App's "Gateway" page. 2,000 participants will be randomly selected from all those who complete the task to share $15,000 KVAI points. In addition, Gate Swap launched the "Liquidity Pioneer Program" from November 13th 19:00 to December 2nd 19:00 (UTC+8). This program features dual incentives: 1. Encouraging projects to create new liquidity pools and operate them stably; qualified participants will receive official GT rewards. 2. A TVL tiered challenge for LP holders; top-performing pools will win up to $10,000 worth of Meme tokens airdrops and ecosystem support. Notably, the airdropped tokens for this event will be funded by Gate Web3 and purchased on the open market at real-time prices via Gate Swap. Distribution will then be based on LP (Limited Partner) share proportions, injecting real market liquidity and long-term value into high-quality projects. Gate Web3 is an industry-leading multi-chain crypto wallet, providing a one-stop connection to 100+ public chains, millions of assets, and tens of thousands of DApps, delivering a professional-grade Web3 experience and offering optimal solutions for every Web3 need. BountyDrop is a dedicated earning activity section on the Gate Web3 discovery page, where users can complete simple tasks for a chance to win rewards or participate in a lottery to obtain airdropped tokens.

According to Odaily Planet Daily, market sources indicate that Thai cryptocurrency exchange Bitkub is considering an initial public offering (IPO) in Hong Kong. Bitkub may launch its IPO in Hong Kong as early as next year, aiming to raise approximately $200 million. (Jinshi)

According to Odaily Planet Daily, monitoring by on-chain analyst Ai Yi, an address (0xa2c...3126) that went long on a basket of altcoins has seen its unrealized losses widen to $4.06 million. Of the 22 tokens in its portfolio, only LINEA is currently showing a profit, while the rest are in the red. The largest position, HYPE, valued at $4.64 million, has an unrealized loss of $1.303 million.

According to an official announcement, Bithumb, a South Korean cryptocurrency exchange, will list the PIEVERSE token on the Korean won market on November 24.

According to FinanceFeeds, the Solana community has launched a new governance proposal, SIMD-0411, aimed at significantly accelerating the network's deflation timeline and reshaping the long-term economic model of the SOL token. This proposal would increase Solana's annual deflation rate from -15% to -30%, shortening the time to reach the long-term inflation floor from approximately six years to just over three years. Current projections indicate this change would reduce the future issuance of SOL tokens by over 22 million—equivalent to nearly $3 billion at current market valuations—making it one of the most significant monetary policy adjustments in the ecosystem's history. Solana's existing token economic framework sets an annual inflation rate of approximately 4.18%, gradually declining to a final inflation rate of 1.5%. SIMD-0411 accelerates this process, locking in a faster decline in token issuance. Supporters argue this will improve supply and demand dynamics, support stronger price stability, and align Solana's economic model with the behavioral expectations of institutional investors entering the ecosystem. For a chain that has historically emphasized growth, throughput, and incentive-driven expansion, this marks a shift towards a more scarcity-oriented design philosophy.