Jack Ma-Linked Yunfeng Bets Big on Ethereum in Bold Web3 Pivot


Pearl (PRL) jumps 27% as traders focus on its Proof-of-Useful-Work model, AI inference infrastructure and expanding PRL trading markets.

Lido contributors proposed Lido Lend, a modified Morpho Blue fork for stETH staking loops. Governance, market parameters and audits are still unpublished.

Coinbase says its Deribit integration is done and CFM will pool US and global crypto derivatives. US options access via Prime is due in Q4.
Hong Kong-listed Yunfeng Financial announced that it has purchased 10,000 ETH, totaling $44 million. Jack Ma, China's most renowned entrepreneur and founder of Alibaba, is a key associate of Yunfeng Financial. doc.irasia.com/listco/hk/yunf…
BREAKING: 🇨🇳 YUNFENG FINANCIAL LINKED WITH ALIBABA’S JACK MA BOUGHT 10,000 ETH WORTH $44 MILLION. THIS IS HUGE !!!!
🔥 BULLISH: Hong Kong-listed Yunfeng Financial, linked to Jack Ma, acquired 10,000 $ETH ($44M) to support its expansion into Web3 and tokenized finance.