PANews 7月30日消息，据官方公告，币安现已完成 League of Kingdoms（LOKA）代币置换及品牌升级为Arena-Z（A2Z），并开放新A2Z代币的充值、提现业务。币安已于2025年07月30日16:00（东八区时间）开放A2Z/USDT现货交易。代币已按照1个旧LOKA = 20个新A2Z的比例进行分发。

<p>PANews 7月30日消息，据官方公告，币安现已完成 League of Kingdoms（LOKA）代币置换及品牌升级为Arena-Z（A2Z），并开放新A2Z代币的充值、提现业务。币安已于2025年07月30日16:00（东八区时间）开放A2Z/USDT现货交易。代币已按照1个旧LOKA = 20个新A2Z的比例进行分发。</p>

币安完成League of Kingdoms（LOKA）代币置换及品牌升级为Arena-Z（A2Z）

PANews news on July 30th, according to the official announcement, Binance has completed the token swap and brand upgrade of League of Kingdoms (LOKA) to Arena-Z (A2Z), and opened deposit and withdrawal services for the new A2Z token. Binance has opened A2Z/USDT spot trading at 16:00 (UTC+8) on July 30, 2025. Tokens have been distributed at a ratio of 1 old LOKA = 20 new A2Z.

<p>PANews reported on July 30 that according to the official announcement, Binance has completed the token swap and brand upgrade of League of Kingdoms (LOKA) to Arena-Z (A2Z), and has opened deposit and withdrawal services for the new A2Z token. Binance has opened A2Z/USDT spot trading at 16:00 (UTC+8) on July 30, 2025. The tokens have been distributed at a ratio of 1 old LOKA = 20 new A2Z.</p>

Binance Completes League of Kingdoms (LOKA) Token Swap and Rebrands to Arena-Z (A2Z)

Another case of "address poisoning," causing one user to lose $50 million. Photo: Techradar
The attack caused a shock.
A cryptocurrency user lost nearly $50 million USDT after mistakenly transferring the funds to...

Another case of "address poisoning," causing one user to lose $50 million.

Today we saw gold, silver, and palladium all hit new highs! Since the correction at the end of October, gold has been trading above the 25-35 day moving average; silver is rising along the four-hour moving average; and palladium is rising along the three-day moving average.
Synchronization: This "synchronized new highs" usually signifies the start of a major trend. Gold provides "stability," silver provides "elasticity," while the addition of palladium indicates a dual surge in industrial and investment demand.
In this clear upward trend, trading volume has not weakened significantly and no bearish structure has emerged. Don't try to short the short at the top; otherwise, you'll end up with...

Market Analysis | Gold, Silver, and Palladium Hit New Highs! How High Can They Go!?

Chapter 1: Executive Summary and Industry Landscape Analysis
As of December 19, 2025, the global digital asset mining sector is undergoing the most profound structural transformation since the birth of Bitcoin. With Bitcoin's price retreating to the $86,000 range after reaching an all-time high of approximately $125,000 in October 2025, and the total network hashrate surpassing the 1,000 EH/s mark, mining companies face the dual challenges of compressed profit margins and surging capital expenditures in the "post-halving era."

1.1 Industry Differentiation

Figure 1: Analysis of the Relationship between Hashrate and Market Capitalization of Major Mining Companies in 2025

The above figure clearly shows the current...