Aerodrome to Launch “Aero Launch” to Promote Base Ecosystem Permissionless Token Issuance
Aerodrome announced the upcoming launch of "Aero Launch" and the introduction of "Aero Ignition," a mechanism to support community-based token issuance on Base. Projects can pre-inject token supply, with community voting directing emissions to the pool. Emissions continue to flow in after launch and are priced by the market. This initiative supports deep liquidity, increases initial allocations, and retains more project holders. The company announced that any token can permissionlessly create a pool, with all first-day trading fees going to limited partners. It also supports demonstrating locked-in liquidity and pool discovery.
Gold fluctuated sharply in the early trading, barely holding 4000 before returning to 4100
Spot gold experienced a sharp drop in early trading on Wednesday, after falling by more than $120 to approach the $4,000 mark, before bottoming out and rebounding, recently rising to the $4,100 mark.
The Ethereum Foundation transferred 160,000 ETH to its internal 0xc06 wallet
According to Embers monitoring, the Ethereum Foundation transferred 160,000 ETH (approximately $654 million) from its main wallet to the 0xc06 wallet approximately seven hours ago, and no further activity has been taken. Over the past four months, the Foundation has made several large transfers from the 0xc06 wallet: 7,000 ETH to the nonprofit development organization Argot Collective, 10,000 ETH sold over-the-counter to SharpLink, and 10,000 ETH transferred to Kraken for sale.
Spot gold and silver both fell more than 2% during the day
Spot gold plummeted $100, or 2.43%, to $4,025.22 an ounce, while spot silver fell 2.00% to $47.66 an ounce.
According to Bloomberg, Hong Kong Exchanges & Clearing Ltd. recently rejected at least five companies' attempts to convert to digital asset treasuries (DATs), restricting large liquidity holdings under "cash company" regulations. India's Bombay Stock Exchange rejected Jetking Infotrain's share placement and listing application. Australia's ASX required companies converting to digital asset treasuries to adopt an ETF approach and limit cash holdings to 50% or more. Japan is a regional outlier: the Japan Exchange Group allows listed companies to disclose Bitcoin purchases, but MSCI has proposed removing DATs holding at least 50% of crypto assets from its global indexes, potentially impacting companies like Metaplanet. Bitcoin has risen 18% this year, while DAT stock prices have generally retreated since the summer.
World adds Polymarket Mini App, supports WLD/USDC
The digital identity project World (formerly Worldcoin) has added a Polymarket Mini App, accessible directly within the app. This integration allows users to participate in prediction markets using Worldcoin (WLD) or USDC held in their wallets. To fund their Polymarket balance, users can convert supported assets to USD through Daimo, a third-party exchange. Prior to this, the World Mini App reached 100 million downloads and 1.5 billion opens. World noted that Polymarket services are only available in licensed countries and are subject to their terms and restrictions.
Bloomberg ETF analyst Eric Balchunas tweeted that there are currently 155 crypto ETP applications tracking 35 different digital assets. This number may increase to 200 in the next 12 months.
OpenAI launches new browser ChatGPT Atlas, now available on macOS
OpenAI has announced the launch of its new browser, "ChatGPT Atlas," which allows users to understand web pages, provide input suggestions, manage tabs, and complete tasks faster while browsing in an "agent mode" directly in the sidebar. Atlas is rolling out today on macOS for Free, Plus, Pro, and Go users, with a Business preview available. It will be coming soon to Windows, iOS, and Android.
Kadena announced the suspension of operations, and its KDA plummeted by nearly 60%.
According to The Block, the organization behind the public blockchain project Kadena has begun liquidation and ceased all operations and maintenance effective immediately due to unfavorable market conditions. Its PoW chain will continue to operate until miners and maintainers withdraw. KDA is currently trading at approximately $0.092, down over 59% in a single day and a significant drop from its 2021 high of $27. The team stated that approximately 566 million KDA will be distributed as mining rewards until 2139. Kadena was founded in 2019 by Stuart Popejoy and William Martino and has raised approximately $15 million in funding.
Limitless Announces LMTS Token Economics: Ecosystem Rewards Account for 24.37%
According to official news, the prediction market platform Limitless has announced the LMTS token economics: a total of 1 billion tokens will be issued on the Base network. The specific distribution is: 25% for investors, 1.37% for the Kaito presale, 1.26% for the Echo round, 25% for the team, 24.37% for ecosystem rewards (airdrops and incentives), 13% for the treasury, and 10% for liquidity. The unlocking and vesting schedule is as follows: Airdrop: 100% unlocked at the TGE, with no lock-up. Kaito presale: 50% unlocked at the TGE, with the remaining 50% unlocked six months later. Investors and Echo round: No unlocking at the TGE, with a six-month lock-up period, followed by a linear vesting period over 24 months. Team: No unlocking at the TGE, with a 12-month hard lock-up period followed by a 24-month soft lock-up period, for a total of at least 36 months of full vesting. Treasury: No unlocking at the TGE, with a six-month lock-up period, followed by a linear vesting period over 24 months.
Coinbase to Launch Keeta (KTA) Spot Trading
Coinbase Markets announced on its X platform that spot trading for Keeta (KTA) will officially launch on October 22, 2025. The KTA-USD trading pair will open at or after 9:00 AM Pacific Time in supported regions, subject to liquidity conditions. Keeta (KTA) will be available on coinbase.com, the Coinbase app, and the Coinbase Advanced platform. Institutional users can trade Keeta (KTA) directly through Coinbase Exchange.
BitcoinOS Closes $10 Million Funding Round to Expand Institutional BTCFi Features
According to CoinDesk, BitcoinOS has secured $10 million in funding to expand its institutional-grade Bitcoin financial tools and developer protocols. The round was led by Greenfield Capital, with participation from FalconX, DNA Fund, Bitcoin Frontier Fund, and a group of angel investors including Anchorage Digital CEO Nathan McCauley and Spartan Group's Leeor Groen. BitcoinOS plans to use the funds to scale its developer and institutional infrastructure, including Grail Pro, a BTC yield protocol currently in pilot with custodians. The project also supports trustless cross-chain bridging between other blockchain networks, such as Ethereum and Cardano.
Solana quietly ends support for the Saga phone just two years after its launch
According to DL News, the development team behind Solana's Saga phone announced on Monday that they will stop providing critical software and security updates for the device, just two years after its launch. The company stated in a post on its website: "Solana Mobile Saga has reached the end of its support lifecycle and cannot guarantee compatibility with new software or services." This lack of support means the device will no longer receive updates, making it more vulnerable to security threats and potentially causing apps to stop working over time. Solana Labs did not respond to a request for comment. The Saga phone, slated for launch in May 2023, aims to integrate blockchain technology and make the Web3 ecosystem more accessible to everyday users. The phone's launch is a response to restrictive app store policies from companies like Apple and Google. The phone was developed in collaboration between California hardware company OSOM and Solana Mobile, a subsidiary of Solana Labs. Its two-year lifecycle is unusually short compared to other phone manufacturers.
Arthur Hayes: HYPE faces valuation multiple compression risk
BitMEX co-founder Arthur Hayes wrote on the X platform that HYPE faces the risk of valuation compression. Annual revenue has almost returned to its all-time high, but the price is significantly lower. In the increasingly competitive perpetual swap decentralized exchange (Perp DEX) landscape, speculators are unwilling to pay a high premium for uncertain future revenue.
YZi Labs leads $25 million strategic financing for Sign
According to Blockworks, YZi Labs led a $25.5 million strategic funding round in Sign, with participation from IDG Capital. Sign CEO Xin Yan stated that Sign is committed to building digital infrastructure and plans to use the funds to expand its technical team. The funds will also be used to expand various partnerships aimed at advancing sovereign blockchain infrastructure. In January of this year, Sign secured $16 million in funding from YZi Labs. In total, Sign has raised over $55 million across three rounds of funding, including seed, Series A, and strategic funding.
Starknet Launches Bitcoin Earning Product Starknet Earn and Starts Beta Testing
Starknet announced the launch of its Bitcoin income product, Starknet Earn, and the start of Beta testing on the X platform. It supports creating a Starknet wallet to bridge Bitcoin and select BTCFi strategies.
Bubblemaps: Ocean Protocol-linked wallets suspected of selling over $100 million in community tokens
Blockchain analytics platform Bubblemaps published an article on the X platform: Ocean Protocol is suspected of dumping over $100 million in community tokens, and Fetch AI has publicly accused it of misconduct. The data is as follows: In March 2024, Ocean Protocol, Fetch AI, and SingularityNET collaborated under the ASI Alliance framework and merged to adopt a single token, FET, with OCEAN convertible to FET at a fixed exchange rate. After the merger, the Ocean Protocol team wallet still held a large number of OCEAN tokens, claiming they were used for "community incentives" and "data mining." However, on July 1st, its wallet (0x4D9B) converted 661 million OCEAN tokens into 286 million FET (approximately $191 million) and sent 90 million FET to OTC provider GSR Markets. On August 31st, the wallet distributed the remaining 196 million FET to 30 new addresses. As of October 14th, almost all of the funds, totaling approximately 270 million FET, had been transferred to Binance or an OTC provider. On October 9th, Ocean Protocol announced its withdrawal from the ASI Alliance, without giving a reason or mentioning the transferred FET tokens. The FET team responded on the X platform, accusing Ocean Protocol of dumping community tokens. Ocean Protocol's CEO called the accusation "unfounded rumors" and stated that the team was preparing a formal response. Bubblemaps stated that it could not confirm whether the FET tokens were sold by Ocean Protocol, but such transfers are generally related to cashing out. On-chain activity shows that a multi-signature wallet associated with Ocean Protocol exchanged 661 million OCEAN tokens for 286 million FET and transferred 270 million FET to Binance and GSR. The Ocean team has been contacted but has not yet received a response. The incident has been made public on the Intelligence Analysis Desk for community investigation.
Tether: USDT user scale just exceeded 500 million
Tether posted on its X platform: "USDT user base has just exceeded 500 million. To celebrate, we will release a short documentary from Kenya, showcasing how USDT is bringing freedom, stability, and hope to the region."
According to official information, to align with Aethir's long-term growth strategy, the Aethir Foundation will reallocate Cloud Drop Season 3 allocations to the Aethir Digital Asset Treasury (DAT) for long-term productive capital, strengthening network stability and enhancing the utility of the ATH token. Unlike previous rewards distributions, the 1.26 billion ATH tokens originally intended for Season 3 will be reallocated to the Aethir Digital Asset Treasury (DAT). This means that Season 3 tokens will not be sold but instead reinvested in the Aethir ecosystem to strengthen GPU infrastructure, increase computing power, and drive sustainable growth. Furthermore, Aethir reaffirms its commitment to Aethir Edge Tokenomics v1.0 to ensure the long-term sustainability and stable growth of the decentralized cloud ecosystem.
Tether makes strategic investment in crypto payments startup Kotani Pay
Tether has officially announced a strategic investment in Kotani Pay, a crypto payments startup focused on providing access and withdrawal infrastructure connecting Web3 users with local payment channels in Africa. This investment aims to help individuals and businesses in Africa more easily access digital assets and lower barriers to entry into the global financial system.
Feynman Point Asset Management launches $300 million cryptocurrency hedge fund
According to Forbes, Joe Naggar, a former partner at Steven Tananbaum's GoldenTree Asset Management, is launching an independently managed hedge fund with $300 million under management, marking his team's official separation from Republic, the cryptocurrency-focused investment firm. Naggar and his team, previously operating under the name Republic Digital, will now operate independently as Feynman Point Asset Management, an investment firm focused on the digital asset market and cutting-edge technologies. Despite several transformations, the fund has continued to perform well. According to Feynman Point Asset Management, backers, including the $600 million Swiss fund L1D and New York Blockchain Investment Group, have achieved an annualized net return of over 42% since its inception in 2022. Successful trades include purchasing Grayscale Bitcoin Trust (GBTC) at a 40% discount to the underlying asset, an early investment in the high-performing decentralized exchange Hyperliquid, and an equity investment in Ripple.
SharpLink disclosed an increase of 19,271 ETH, bringing its total holdings to 859,853
According to official news, Ethereum treasury company SharpLink disclosed that as of October 19, 2025, SharpLink purchased 19,271 ETH at an average price of US$3,892, bringing its total Ethereum holdings to 859,853, worth US$3.5 billion.
Seventh Impressions issued a "Solemn Statement Regarding Illegal Activities Using the 'Nailong' Name for Virtual Currency Activities" on Weibo. The statement noted that recently, criminals have been using the image of its animated IP, "Nailong," to spread false information related to Bitcoin issuance and conduct false advertising and illegal financial activities, seriously misleading the public and damaging the reputation of the "Nailong" brand. The company emphasized that since its inception, it has strictly complied with laws and regulations, never engaged in or authorized Bitcoin-related business, and firmly opposes illegal virtual currency activities. The company has no connection to the illegal activities of these individuals. The company has initiated legal investigation procedures and will pursue legal action against the infringers. The public is welcome to provide information. The public is also reminded to remain vigilant and strengthen risk awareness. If they witness any illegal activity, they should immediately report it to the public security authorities to protect their rights and interests.
Coinbase acquires cryptocurrency investment platform ECHO for $375 million
According to the Wall Street Journal, Coinbase executives revealed that the company has reached a deal worth approximately $375 million to acquire the Echo platform, which allows crypto companies to quickly raise funds directly on the blockchain. This acquisition is Coinbase's eighth deal so far this year, and Coinbase is actively pursuing acquisitions, capitalizing on the positive momentum generated by US cryptocurrency policy.
