A $1 billion Ethereum DAT project, led by prominent figures such as Li Lin, Shen Bo, Xiao Feng, and Cai Wensheng, has been shelved, with all raised funds returned to investors. This initiative was the largest DAT project spearheaded by Asian investors. Industry insiders speculate that the decision to halt the project was influenced by the bearish market conditions following the 1011 event, which also saw significant declines in the stock prices of many DAT companies. Officials have stated that any decision to restart the project will prioritize investor interests and will depend on future market conditions.