Four.meme's official X account has been frozen
The X page shows that the official X account of Four.meme has been frozen.
According to Yonhap News Agency, South Korean People's Power Party lawmaker Park Sung-hoon will spearhead a proposal to amend the Foreign Exchange Transactions Act, formally including stablecoins as legally recognized means of payment. This move aims to fill regulatory gaps in current regulations and eradicate the use of stablecoins for money laundering, tax evasion, and other illegal activities. The amendment explicitly adds stablecoins as a means of payment in Article 3, Paragraph 1, "Definitions." This means that stablecoins will have the same legal status as traditional payment instruments such as South Korean government banknotes, banknotes, and coins. This legislative move echoes concerns raised by the Bank of Korea. In a recent written opinion submitted to the National Assembly, the Bank of Korea expressed concern about the potential risks of US dollar stablecoins, noting that they "may bypass the reporting procedures required by the Foreign Exchange Transactions Act and be used for inter-state current and capital account transactions."
BlackRock's IBIT reached $70 billion in assets under management in just 341 days
According to Coinvo data, BlackRock's Bitcoin ETF "IBIT" reached US$70 billion in assets under management (AUM) in just 341 days.
VanEck has filed its sixth S-1/a amendment for its spot Solana ETF.
According to analyst MartyParty, VanEck has submitted the sixth S-1/a amendment for its spot Solana ETF. The changes include: the submission status is changed to "effective" and the fee rate is 0.3% (it was also 0.3% in the previous document on October 15).
MegaETH public sale has raised $412 million so far, with an oversubscription of 8.2 times
According to official data, the MegaETH public sale has currently raised $412 million (bid requirement, the actual upper limit is $50 million), with an oversubscription of 8.2 times. The public sale will end in 2 days, 11 hours and 30 minutes.
Trump-backed stablecoin USD1 partners with Enso to expand its DeFi footprint across multiple chains
According to DL News, USD1, the stablecoin associated with US President Trump, is deepening its ties with DeFi. Enso, a provider of a "shortcut" for cross-chain deployment of crypto projects, announced on Monday that USD1 is the latest project to adopt its technology stack. Enso's technology allows crypto projects to easily deploy across different blockchains. Enso founder Connor Howe stated that this will "make DeFi more attractive to major players, including institutions, enabling them to leverage deep liquidity and optimal pricing." According to the announcement, Enso's goal is to "make USD1 ubiquitous on-chain and distribute its liquidity to protocols across different blockchains." Following the partnership with Enso, USD1 will be available on margin trading protocols such as Dolomite, allowing users to trade, borrow, and transfer the stablecoin across different blockchains.
According to the Hong Kong Economic Journal, the Hong Kong Securities and Futures Commission has launched a tender for a virtual asset trading monitoring system, aiming to continuously upgrade its regulatory capabilities. It is reported that the deadline for bids is November 7, 2025, and the winning institution is expected to be determined in the first half of 2026 to strengthen the detection of abnormal movements in virtual asset transactions.
According to Watcher.Guru, U.S. Congressman Ro Khanna will introduce a bill that would ban the president and elected officials from holding or creating cryptocurrencies.
According to Bloomberg, S&P Global Ratings has assigned Strategy (formerly MicroStrategy) a junk credit rating, citing several weaknesses, including high cryptocurrency concentration, a narrow business scope, weak risk-adjusted capitalization, and insufficient U.S. dollar liquidity. The ratings company stated in a statement on Monday that it has been assigned a B- rating, six notches below investment grade, with a stable outlook. In a post on X, co-founder Michael Saylor noted that this is the first credit rating a Bitcoin asset company has received in the past five years. S&P credit analysts noted that Strategy holds approximately $74 billion in Bitcoin at fair value, acquired through debt and equity issuance. While S&P commended the company's "prudent" management of convertible bonds, it expressed concerns about the liquidity risk of its debt arrangements. Strategy has issued nearly $15 billion in convertible bonds and preferred stock, including $5 billion in at-the-money convertible bonds that will mature starting in 2028. The company also has to pay more than $640 million in preferred stock dividends annually through October 2025. S&P highlighted liquidity risks associated with the company's convertible bonds and preferred stock dividends, noting that Strategy's convertible bonds could mature at the same time as Bitcoin prices come under pressure.
Monad: Airdrop distribution results will be announced tomorrow
Monad posted on the X platform: “The results of the airdrop distribution will be announced tomorrow.”
According to Cointelegraph, U.S. Republican Senator Thom Tillis warned that Congress must pass cryptocurrency legislation by January or February next year, otherwise electoral politics will hinder the legislative process.
According to Jinshi, US President Trump said on Monday that he may announce his nominee to succeed Federal Reserve Chairman Jerome Powell before the end of the year. Powell's term ends in May of next year, and the field has been narrowed down to five finalists. Treasury Secretary Bensoner plans to conduct a second round of interviews with the current slate of candidates next month and then submit a more streamlined list of nominees to the president for his consideration. Bensoner revealed on Monday that the five finalists include two current Federal Reserve Board members initially nominated by Trump: Christopher Waller and Michelle Bowman, who also serves as Vice Chairman for Bank Supervision. Two candidates are currently widely considered the frontrunners: Kevin Hassett, Director of the White House National Economic Council, and Kevin Warsh, a former Federal Reserve Board member. The fifth candidate on the list is Rick Rieder, a senior BlackRock executive who oversees the company's large bond business.
Grayscale announces that its Solana Trust now supports staking
Grayscale announced on the X platform that the Grayscale Solana Trust (ticker: GSOL), the largest publicly traded spot Solana fund in the United States, now offers SOL investment exposure and supports staking in select US brokerage accounts.
GMGN posted on the X platform: "In response to recent false rumors that GMGN was hacked and caused user funds to be lost, we immediately conducted a comprehensive security review. We have now confirmed that there are no security issues with the platform and user funds are absolutely safe."
Regarding the abnormal price fluctuations in the HYPE market this morning, Lighter stated on the X platform: "A rogue robot flooded the HYPE order book with large orders, but other than that, no forced liquidations or other negative impacts occurred. This transaction was completed at an extremely high price with extremely low volume, and the long upper shadow left behind caused problems with chart scaling, so this data has been removed from the front-end interface. On-chain data cannot (and cannot) be modified. Interested users can view it on the block explorer. However, as the operator of the main Lighter front-end, we will present the charts in a way that is most beneficial to traders. Other Lighter-based front-end interfaces can decide on different display methods."
Coinbase partners with Apollo to expand stablecoin lending
According to The Block, Coinbase Asset Management announced on Monday that it has partnered with Apollo Global Management, one of the world's largest asset management firms, to expand the crypto exchange's stablecoin lending services portfolio. According to the statement, Coinbase Asset Management and Apollo will jointly explore strategies including overcollateralized lending, direct corporate lending, and tokenized credit asset holdings. These services will allow users to borrow against their digital assets, lend directly to borrowers, and offer "tokenized investment products with access to Apollo-managed credit strategies." Apollo and Coinbase plan to launch the credit investment products next year. Coinbase already allows some US customers to borrow up to $100,000 against their digital assets.
According to The Block, Ethereum finance company ETHZilla (ticker: ETHZ) has sold approximately $40 million worth of its ETH holdings to fund share repurchases. ETHZilla's board of directors authorized a share repurchase program of up to $250 million in August. Since selling ETH on October 24th, ETHZilla has spent approximately $12 million to repurchase approximately 600,000 shares of common stock. The company stated in a press release on Monday that "ETHZilla plans to use the remaining proceeds from the sale of ETH for additional share repurchases and intends to continue selling ETH to repurchase shares until the discount to its net asset value (NAV) normalizes." Chairman McAndrew Rudisill stated that the company will continue to repurchase shares when ETHZ's "share price is trading at a significant discount to its net asset value," a move that both reduces the number of common shares outstanding and increases its NAV valuation. Monday's announcement revealed that the company still holds approximately $400 million worth of ETH on its balance sheet.
According to The Block, people familiar with the matter said that the Grayscale Solana Trust ETF plans to be listed on Wednesday. Earlier news also indicated that the Bitwise Solana staking ETF will be listed on the New York Stock Exchange on Tuesday. Canary Capital will launch the first US ETFs tracking Litecoin and HBAR on Nasdaq on Tuesday.
Canary Capital will launch the first U.S. ETFs tracking Litecoin and HBAR on Nasdaq on Tuesday.
Canary Capital will launch two exchange-traded funds (ETFs), one tracking Litecoin (LTC) and the other Hedera (HBAR), marking the first listings of their kind in the United States, according to The Block. According to a statement from the company, it plans to launch the Canary Litecoin ETF and the Canary HBAR ETF on Nasdaq on Tuesday. This follows earlier news today that the Bitwise Solana staking ETF will be listed on the New York Stock Exchange on Tuesday.
Bitwise Solana Collateralized ETF to List on the New York Stock Exchange on Tuesday
According to The Block, asset management company Bitwise announced on the X platform that it will launch the Bitwise Solana Collateralized ETF on the New York Stock Exchange on Tuesday, with the stock code BSOL. The company said that this is the first ETP that is "100% directly invested in spot SOL." A week after the US government shutdown, the SEC issued guidance on the listing procedures for companies' cryptocurrency ETFs. The SEC stated that companies can submit S-1 registration statements for listing without delaying amendments. With the company submitting the final S-1 registration statement, this means that they can take effect within 20 days. Before the shutdown, the SEC approved the listing standards of three exchanges, amended relevant rules, and dozens of cryptocurrency exchanges.
Citibank and Coinbase partner to explore offering stablecoin payments to clients
According to Bloomberg, Citigroup and Coinbase have announced a partnership to explore ways to facilitate two-way conversion and cross-border settlement between crypto assets and fiat currencies for Citi's institutional clients. They plan to roll out on-chain stablecoin payment solutions in the coming months. Citi cited client demands for "programmability, conditional payments, 24/7 speed, and cost efficiency." Coinbase stated that it provides infrastructure to over 250 financial institutions globally, covering spot and derivatives trading, custody, staking, and payments. Citigroup has previously launched a blockchain-based tokenized deposit platform. The stablecoin market is expected to exceed $1 trillion within five years.
Coinbase Adds deBridge (DBR) to its Listing Roadmap
According to Coinbase Markets, Coinbase has today added deBridge (DBR) to its asset listing roadmap. Officials stated that the trading launch still requires market making support and sufficient technical infrastructure, and a separate announcement will be made once these conditions are met.
Ledn's loan issuance exceeded $1 billion this year, and the Bitcoin credit market rebounded
According to CoinDesk, Bitcoin lender Ledn has originated over $1 billion in loans this year, with $392 million in BTC collateralized loans issued in the third quarter. The company's annual recurring revenue reached $100 million. Ledn removed ETH lending in May, transitioning to a BTC-only product. As of the end of September, its outstanding loans reached $836.2 million, with an average LTV of 42.7%. Ledn also published proof of reserves (issued by The Network Firm). Ledn attributes this demand to BTC holders seeking liquidity by pledging BTC as collateral. According to Galaxy Research, Ledn is the third-largest centralized lender, behind only Tether and Galaxy.
Circle issued $750 million in USDC in the past hour
According to Lookonchain, Circle has issued an additional $750 million in USDC in the past hour. Since the market crash on October 11, Tether and Circle have issued a total of approximately $8.5 billion in stablecoins.
According to "Auntie Ai," "100% Win Rate Whales" are rapidly increasing their holdings, with a total position of approximately $430 million. This includes a long position of 2,041.54 BTC, opening at $111,843.5, for a total position of approximately $234 million per coin. Another long position of 47,548.42 ETH, opening at $3,965.94, for a total position of approximately $197 million. There are also 198.29 BTC with unfilled limit orders, ranging from $114,206 to $114,527.
Byreal adds a new XAUt0-USDT liquidity pool, with a comprehensive return of over 70%
Byreal has added the XAUt0-USDT liquidity pool today. Users who join the pool will receive an additional 25.48% liquidity incentive subsidy, bringing the total return to over 70%. XAUt0 is a physical gold token issued by Tether on the Solona chain.
Kite AI, a public blockchain project focused on AI payments, announced a strategic investment from Coinbase Ventures. According to official information, this funding follows Kite's recent $33 million funding round, led by PayPal Ventures and General Catalyst. The new funds will support the development of its own AI-powered payments infrastructure and accelerate the mass adoption of the x402 protocol in collaboration with Coinbase. Kite is reportedly designed from the ground up to natively integrate with Coinbase's x402 agent payment standard. As one of the first Layer 1 blockchains to fully implement x402-compatible payment primitives, Kite enables AI agents to directly initiate, receive, and reconcile payments through standardized intent authorization, establishing Kite as the native execution and settlement layer for the x402 protocol and the emerging agent economy.
X reminds users to rebind domain security keys and Passkey within two weeks
According to 9to5Mac, X stated that its security keys and Passkey accounts are currently bound to "twitter.com." To "retire" the domain, they are requiring accounts using hardware security keys or Passkey accounts to re-register to "x.com" within two weeks. Failure to do so will invalidate the keys and result in account lockout. X emphasized that this move is unrelated to the security incident and does not affect other 2FA methods like the Authenticator app. Officially, those who haven't re-bound their accounts after November 10th will need to re-register, switch to a different 2FA method, or disable 2FA to unlock their accounts.
According to an announcement, BitMine increased its holdings of Ethereum (ETH) by 77,055 over the past week, bringing its total holdings to 3,313,069 as of October 26th, representing 2.8% of the total ETH supply. Its current total crypto and cash assets stand at $14.2 billion, including 192 Bitcoin and $305 million in cash. BitMine maintains its position as the world's largest ETH vault and continues to advance its strategic goal of holding 5% of ETH.
According to Binance Chinese, starting October 28th at 08:00 (UTC+8), buy volume on tokens created through Four.Meme's "Meme Rush — Fair Mode" between creation and listing on Binance Alpha will no longer count towards Alpha Points. Once a token is listed on Binance Alpha, its trading volume will be counted at the normal rate (1x). Furthermore, Binance officials recommend updating the Binance app to version 3.4.0 or higher to ensure proper functionality of the Alpha program.
IBM and Dfns Partner to Launch Digital Asset Haven, an Institutional-focused Digital Asset Platform
According to PR Newswire, IBM announced a partnership with Dfns to launch the digital asset platform "Digital Asset Haven." This platform provides cross-chain digital asset management and compliance solutions for financial institutions, governments, and enterprises, covering over 40 public and private blockchains. The platform supports MPC, quantum-safe encryption, and HSM (IBM Crypto Express 8S), integrates IBM Offline Signing Orchestrator for cold storage and compliance, and offers pre-integrated services such as multi-party approval, policy governance, and KYC/AML. IBM stated that the platform's SaaS and Hybrid SaaS offerings will be available in Q4 2025, with support for on-premises deployment planned for Q2 2026. Dfns claims it has already created 15 million wallets for over 250 clients.
Strategy bought 390 bitcoins for $43.4 million last week
Strategy (MSTR.O) purchased 390 bitcoins between October 20 and October 26 for a total of $43.4 million. The funds came from the ATM offering of its STRF, STRK, and STRD Series Preferred Shares. As of October 26, 2025, the company held a total of 640,808 bitcoins, with a cumulative purchase value of approximately $47.44 billion and an average purchase price of $74,032.
According to PR Newswire, American Bitcoin Corp. (NASDAQ: ABTC) announced that it acquired approximately 1,414 bitcoins between September 1 and October 24, bringing its holdings to approximately 3,865. Some of this amount is held in escrow or used as collateral for its mining machine procurement agreement with Bitmain. The company also disclosed its "Satoshis Per Share" (SPS) metric: as of October 24, it stood at 418, a 52% increase from September 1.
Semantic Layer: $42 Airdrop Now Available
Semantic Layer announced that the $42 airdrop is now live. The $42 token is used to power the 42 Universe. Subsequent plans include launching the DeFAI mechanism and expanding agents, autonomy, and sovereignty.
BNB Chain Completes 33rd Quarterly Burn, Destroying Approximately 1.4413 Million BNB
According to the BNB Chain blog, the BNB Foundation announced the completion of its 33rd quarterly burn, destroying a total of 1,441,281.413 BNB, with an estimated value of approximately US$1.208 billion at the time of the burn; the current total supply of BNB is approximately 137,738,379.26, and the goal is to reduce it to 100 million through Auto-Burn; this and subsequent burns will be carried out on BSC, and the funds will be sent to the "black hole" address.
Canada accelerates stablecoin regulation and may announce new rules in federal budget
According to people familiar with the matter, Canada is negotiating stablecoin regulations and may announce a major update in next week's federal budget. These people said government officials have been in intensive discussions with regulators and industry participants for weeks. Canadian Finance Minister Francois-Philippe Champagne is reportedly expected to address the issue in his budget document to be released on November 4th. In July of this year, the United States passed the Genius Act, which authorizes financial regulators to oversee stablecoin issuers and their reserve management practices, and requires issuers to comply with regulations to prevent money laundering and sanctions evasion. This new law has been welcomed by many in the crypto industry. However, in Canada, due to the lack of relevant legislation, regulators have stated that stablecoins may constitute securities or derivatives. Some experts believe that they should be regulated as payment instruments and subject to strict oversight.
At the 2025 Financial Street Forum Annual Meeting, Pan Gongsheng, Governor of the People's Bank of China, stated today that stablecoins and the potential financial risks they pose were a top topic of discussion among finance ministers and central bank governors at the IMF/World Bank Annual Meetings held in Washington, D.C., ten days ago. The prevailing view was that stablecoins, as a financial activity, currently fail to effectively meet basic requirements for customer identification and anti-money laundering, amplifying loopholes in global financial regulation, such as money laundering, illegal cross-border fund transfers, and terrorist financing. This has fostered a strong atmosphere of market speculation, increasing the fragility of the global financial system and impacting the monetary sovereignty of some underdeveloped economies. Pan Gongsheng also stated today that the People's Bank of China will continue to crack down on the operation and speculation of virtual currencies within China to maintain economic and financial order.
CoinShares: Digital asset investment products saw net inflows of $921 million last week
According to CoinShares' latest weekly data, digital asset investment products saw net inflows of $921 million last week, boosted by lower-than-expected US CPI and rising expectations of interest rate cuts. The US saw inflows of $843 million, Germany saw $502 million, and Switzerland saw a net outflow of $359 million due to inter-institutional asset transfers. Bitcoin saw net inflows of $931 million this week, bringing the total to $9.4 billion since the Fed began cutting interest rates. Year-to-date net inflows are $30.2 billion, down from $41.6 billion last year. Ethereum saw net outflows for five consecutive days, totaling $169 million. Solana and XRP saw cooling activity ahead of the expected US stock ETF launches, recording net inflows of $29.4 million and $84.3 million, respectively.
Pan Gongsheng, Governor of the People's Bank of China, stated today at the 2025 Financial Street Forum Annual Meeting that the digital RMB is a legal tender digital currency issued and regulated by the People's Bank of China, compatible with emerging technologies such as distributed ledgers. After years of steady progress, the digital RMB ecosystem has been initially established. Moving forward, the People's Bank of China will further optimize the digital RMB management system, research and refine its positioning within the monetary hierarchy, and support more commercial banks in operating digital RMB businesses.
