Odaily News Terra Classic market module 2.0 (MM 2.0) is relaunched through a net deflation mechanism, automatically adjusting functions when supply contracts to avoid outdated price manipulation. The core goal of this module is to ensure a continuous reduction in supply and to achieve stable LUNC and USTC Token burns within each 30-day cycle by controlling the basepool and pool recovery period (PRP).

Jin10 reported on May 19 that Tuobang Co., Ltd. stated on the interactive platform that the company will continue to expand the application of components in the field of intelligent control. Bots are an important industry with a huge market space. The company has built product platforms for 8mm and 10mm hollow cup motors, and has created agile hand solutions using high-precision components such as hollow cup motors, lead screws, and reducers, featuring high performance, high torque, and high precision, and has received small batch orders from customers. In the future, the company will coordinate with industry chain demand to accelerate the large-scale application of components or complete machines in various robot scenarios.

Vietnamese Hanoi Police Department has prevented 300 potential victims from investing in a carefully designed cryptocurrency eyewash, which has defrauded about 300 billion Vietnamese dong (US$1.17 million) from approximately 100 enterprises and 400 individuals. It is reported that Hanoi police have arrested individuals associated with Million Smiles company, which planned an illegal and fraudulent cryptocurrency investment scheme targeting Vietnamese citizens and promoting its internal cryptocurrency.

Gate.io VIP referral program is back, and anyone who invites VIP users to join the Gate.io will be rewarded with a handling fee rebate and additional cash. Target Audience: Inviter: Gate.io existing users, KOLs, institutional customers, channels, etc The invitee is required to: ● The invitee is not a Gate.io registered user ● Gate.io Key account manager establishes one-to-one exclusive service with the invitee Registration time: from now until June 30 Event Application: Fill out this form or email contact mm@gate.io, Telegram contact@KA_EMEA, @KA_APAC apply. Referrer Rewards 1. Enjoy handling fee rebates Use the invitation link to invite users to register for Gate.io to get referral rebates. 1. When the invitee is VIP10 or below, the referrer can enjoy the rebate ratio corresponding to the referral. 2. When inviting VIP11 and above users, the inviter can enjoy 10% of the invitee's net trading fee within 1 year. (1) The rebate reward will be settled at the end of each calendar month and distributed to the inviter in USDT. (2) Only the invitee's monthly trading volume is greater than $10 million can enjoy 10% of the invitee's net handling fee in the current month. (3) If the rebate threshold is not met within 2 months after the establishment of the referral relationship, the referral relationship will become invalid and the rebate reward will no longer be generated. 2. Additional cash prizes

Gate continues to upgrade the "VIP Shuttle" event to invite Long new friends to join us. Users who enjoy VIP services on other trading platforms (including Spot and contracts) can enjoy 30 days of VIP level +2 benefits corresponding to the Gate.io platform according to your trading volume. Event Period: 00:00, February 23rd, 2024 to 23:59, March 31st, 2024 (UTC+0) Target: The trading volume of the exchange in the past 30 days is more than 8 million USDT Event Application: Click the link below to apply or email mm@gate.io, Telegram to contact @KA_EMEA, @KA_APAC to apply. Event Rules: ● According to your Gate.io VIP level corresponding to your trading volume in the last 30 days, you will be able to apply for 30 days of VIP+2 benefits. For example, if Jack's trading volume on other exchanges in the past 30 days is 20 million USDT, and the corresponding Gate.io level is VIP8, then Jack will enjoy a 30-day Gate.io VIP10 experience, and so on. ● After the end of the 30-day VIP+2 rate and service experience, the VIP level will be matched according to the user's actual trading volume in the past 30 days in the Gate.io. ● The VIP+2 benefits of this event are capped at VIP13. ● Startups are not allowed during the VIP and other level experience periods. For details, please visit Gate.io's official website. Ga

According to Gate.io News bot news, reported by Wu, Sonic's Chief Strategy Officer SonicAssistant announced that the company notified Wintermute 24 hours ago that their ongoing 5-year market making (MM) contract would not be renewed. Sonic has begun discussions with other market makers for cooperation. The new partners will provide MM++ services, including deep involvement in DeFi ecosystem development, supporting application growth, participating in global community activities, and maintaining proactive communication. SonicAssistant emphasizes: "Only supporting CEX can no longer meet the ecological demands."

$WIFI

Gate.io News: The price of Ethereum has increased by 6% in the last 24 hours. This is coming after onchain data reveals that BlackRock and Fidelity ETFs have bought $500 million worth of Ethereum in the last two days.$ETH currently trades around $3,805 (ETH/USDT), with a market capitalization of $458.95B, and a 24-hour trading volume of $278.00M according to Gate.io trading chart.

The founder of the encryption market maker MyTrade MM, Liu Zhoucheng, admitted to and took responsibility for the accusations related to illegal exchange wash trading business. The volume wash trading business has been removed from the product and official website, and the market maker service is operating normally without being affected. Liu Zhoucheng will be committed to providing legal services in compliance with regulatory requirements.

On August 8, Jinshi data, industrial material supplier Entegris stated that it has reached a long-term supply protocol with chip manufacturer ON Semiconductor to provide technical solutions for manufacturing silicon carbide (SiC) semiconductors. According to previous reports, ON Semiconductor plans to certify 200mm (8-inch) silicon carbide (SiC) wafers later this year and put them into production in 2025.

Tsinghua KEG Lab recently cooperated with Zhipu AI to jointly launch a new generation of image understanding model CogAgent. Based on the previously launched CogVLM, the model uses visual modalities instead of text to provide a more comprehensive and direct perception of the GUI interface through a visual GUI agent for planning and decision-making. It is reported that CogAgent can accept 1120×1120 high-resolution image input, with visual question answering, visual positioning (Grounding), GUI Agent and other capabilities, in 9 classic image understanding lists (including VQAv2, STVQA, DocVQA, TextVQA, MM-VET, POPE, etc.) has achieved the first result in general ability.

Gate continues to upgrade the "VIP Shuttle" campaign to invite more new friends to join us. Users who enjoy VIP services on other trading platforms (including spot and futures) can enjoy 30 days of VIP level +2 benefits corresponding to the Gate.io platform according to your trading volume. Event Period: 00:00, December 1st, 2023 to 23:59, December 31st, 2023 (UTC+0) Target: The trading volume of the exchange in the past 30 days is more than 8 million USDT Event Application: Click the link below to apply or email mm@gate.io, Telegram to contact @KA_EMEA, @KA_APAC to apply. Event Rules: ● According to your Gate.io VIP level corresponding to your trading volume in the last 30 days, you will be able to apply for 30 days of VIP+2 benefits. For example, if Jack's trading volume on other exchanges in the past 30 days is 20 million USDT, corresponding to a Gate.io level of VIP8, then Jack will be able to enjoy a 30-day Gate.io VIP10 experience, and so on. ● After the end of the 30-day VIP+2 rate and service experience, the VIP level will be matched according to the user's actual trading volume in the past 30 days in the Gate.io. ● The VIP+2 benefits of this event are capped at VIP13. ● Startups are not eligible during the VIP and other level experience. For details, please visit the announcement on Gate.io official website.

Gate.ioVIP/Market Maker Referral Program is back, inviters can enjoy up to 3300USDT in cash rewards if they invite their VIPs/Market Makers to join Gate.io. Target Audience: 1. Inviter: Gate.io existing users, KOLs, brokers, channels, etc. (Gate.io employees are not allowed to participate) 2. Invitee: VIP users/market makers with a trading volume of at least 8 million USDT in the last 30 days Event period: December 1 to December 31, 2023 Event Application: Fill out this form or email contact mm@gate.io, Telegram contact @KA_EMEA, @KA_APAC apply. For details, please visit the announcement on Gate.io official website. Gate.io reminds you that none of the above constitutes investment advice, the market is risky, and investment should be cautious.

Odaily Planet Daily News DWF Lianchuang @HtrZac posted on the X platform that DWF Labs is not a market maker (MM) for GPS and SHELL.

Gate.io News: The price of $SCA, the native token of Scallop, has increased by 12% in the last 24 hours after the project team achieved a new milestone of crossing $100 million in total swap volume.$SCA currently trades around $0.4815 (SCA/USDT), with a market capitalization of $17.23M, and a 24-hour trading volume of $269.53K according to Gate.io trading chart.

MyTrade founder Liu Zhou admitted to committing market manipulation and conspiracy to defraud, and will be sentenced on February 27, 2025. MyTrade is accused of conducting Whipsaw trading of client Cryptocurrency on multiple Cryptocurrency exchanges, and has been ordered to cease related services and add a disclaimer.

On August 16, Jinsan Data News, the Arrow II liquid carrier rocket's fairing separation system was successfully launched. This product is a lightweight fairing made of carbon fiber composite material, with a diameter of 4200mm and a length of 12.19m. It adopts a column and inverted cone integrated molding process and a local stiffness design suitable for fairing separation. It is reported that the Arrow II liquid carrier rocket has entered the large-scale ground test and verification phase of the engineering development stage and is scheduled to make its first flight in 2025.