Bitwise pointed out that the total amount of US Treasury bonds held by the top five stablecoins has exceeded that of some G20 countries such as Germany. Many listed companies such as Visa have begun to adopt stablecoins. At present, the total amount of liquid deposits in the United States is about 18 trillion US dollars, and the size of stablecoins is only 1% of this market. If stablecoins with interest payments are approved on a large scale in the future or the regulatory framework is clearer, the market share of stablecoins may increase significantly.

The Harmony (ONE) project team plans to upgrade at block height 64,847,872, which is expected to be 21:00 on October 31, 2024, Beijing time. Binance will suspend ONE deposits and withdrawals at 20:00 on the same day. In addition, the VITE (VITE) project team will upgrade the network at block height 166,869,900, which is expected to be 22:30 on October 31, 2024, Beijing time. Binance will suspend VITE deposits and withdrawals at 21:30 on the same day.

zkLink Core DAO announced the postponement of its ZKL token unlocking plan, delaying the unlocking of tokens originally scheduled to start on October 22 by six months. This decision involves 40.5% of the total ZKL token supply, affecting the token allocation of early private round investors, teams and advisors, and the unlocking will be postponed to April 22, 2025.

The insider previously used 5,710 $SOL (about $948,000) through 16 wallets to snap up 665.6 million $SHAR (66.56% of the total supply) and dispersed these tokens to more than 100 wallets. 4 hours ago, he collected 500 million $SHAR from 104 wallets and sold them all at once, making a profit of 13,910 $SOL (about $2.4 million).

Apple Intelligence has released the latest iOS 18.2, iPadOS 18.2, and macOS Sequoia15.2 updates, and developers will experience ChatGPT integration for the first time. At the same time, Apple has also launched other intelligent features including Genmoji, Image Playground, Visual Intelligence, and Image Wand.

Tesla has not sold any more Bitcoin since it reduced its holdings by 75% in the second quarter of 2022. Elon Musk's SpaceX also holds about $560 million in Bitcoin. The two companies together own about 19,788 Bitcoins with a total market value of about $1.3 billion.

MANTRA, a Layer1 blockchain focused on RWA assets, announced on the X platform that its mainnet is now live, and users will be able to perform several important activities, including: bridging OM tokens from ERC-20 to MANTRA mainnet tokens to gain access to future RWA tokens; users can stake OM to help secure the network and receive on-chain staking rewards; OM will become an important part of the RWA ledger. Earn KARMA by completing new tasks on the mainnet.

Nate Geraci, president of The ETF Store, posted on the X platform: “575 exchange-traded funds (ETFs) have been launched in the United States since 2024. 14 of the top 30 by inflows are Bitcoin or Ethereum spot ETFs, including 6 of the top 10. There are also 2 ETFs related to MSTR (a company that holds a large amount of Bitcoin) in the top 30. The traditional financial industry’s interest in cryptocurrencies is real.”

As the BRICS summit kicks off in Kazan, Russia, cryptocurrency is one of the topics on the agenda. Russian lawmakers are pushing the idea that Russian miners could sell their tokens to international buyers, who could then use Bitcoin and other cryptocurrencies to pay for imports, effectively circumventing Western sanctions. Sanctions have hit Russia hard, but cryptocurrencies offer an alternative to the traditional financial system that relies on the dollar and banks.

The Bank of Canada cut interest rates by 50 basis points on Wednesday, bringing its benchmark rate to 3.75% from 4.25%, the biggest reduction in borrowing costs since the early days of the pandemic in March 2020. The central bank said this was a sign that the country was returning to an era of low inflation. In response to soaring prices, the Bank of Canada had previously raised interest rates to a 20-year high, but has cut rates four times since June. Inflation fell to 1.6% in September, below the 2% target.

Variational, a crypto derivatives trading protocol built on Ethereum’s Layer 2 network Arbitrum, has raised $10.3 million in a seed round led by Bain Capital Crypto and Peak XV Partners (formerly Sequoia India and Southeast Asia), with participation from Coinbase Ventures, Dragonfly Capital, North Island Ventures, Hack VC, and other investors.

An address suspected to be related to the Ethereum Foundation (0xd7...c1f4) transferred 100 ETH to the CoW Protocol. Subsequently, the address received approximately 257,400 DAI from the CoW Protocol and transferred these DAI to the address starting with 0x9eE marked as "Ethereum Foundation" on the chain.