At around 15:28 Beijing time today, a dormant address holding 749 BTC (about 53,227,433 US dollars) was activated after 12 years (worth 7,974 US dollars in 2012).

Sun Lei, vice president of Ant Digits and general manager of business development in China, said at the Hong Kong Fintech Week that in the next three years, Ant Digits will increase its investment in the Greater Bay Area by 1 billion yuan.

Muneeb Ali, co-founder of Bitcoin Layer2 network Stacks, said on the X platform that the Nakamoto upgrade of Stacks has been successfully launched. With this upgrade, Bitcoin's finality reaches 100% for Stacks Layer2 transactions, and transaction ordering and reversal are protected by Bitcoin's full hash power; "Fast Blocks" shortens the delay to a few seconds instead of Bitcoin's 10-40 minutes; Stacks no longer forks from Bitcoin, and the only way to fork Stacks L2 is to reorganize Bitcoin itself; Nakamoto lays the foundation for the launch of SBTC, which is expected to be launched in 4-6 weeks from now. The core developers released this version with a focus on network security and a large-scale upgrade. In the coming weeks, more optimization measures for network bandwidth and latency will be launched; these upgrades are not consensus-critical upgrades, but normal node upgrades.

Ant Chain, a subsidiary of Ant Digits, unveiled for the first time its "two chains and one bridge" platform built for the RWA business at the Hong Kong Fintech Expo, aiming to help more new energy assets from the mainland go to Hong Kong RWA and enable technology to empower physical assets.

The BNB Chain team will complete the BNB Beacon Chain (BEP2) network integration plan at 14:00 (ET) on November 19, 2024. As a result, Binance will stop processing all BEP2 token withdrawal requests at 08:00 (ET) on November 01, 2024, and stop processing all BEP2 token deposit requests except Binance Pegged Tokens (B-tokens) at 08:00 (ET) on November 08, 2024.

Elijah Madonia, a whale holding 16% of the ai16z supply, said on the X platform that he had purchased 17% of the ai16z supply with 80 SOLs, and then sent some tokens to ai16z founder Shaw and another team member because "they didn't even have the chance to buy it themselves"; afterwards, Elijah distributed some tokens to friends at a discount, hoping to share the profits. Elijah further pointed out that he still holds 16% of the ai16z supply, plans to reduce his position to 5%, and donate the remaining 11% to the ai16z lockup plan, which aims to support promising developers and creators and help solve liquidity problems through viable OTC transactions, which are conducive to the development of ai16z DAO and the introduction of new partners.

Yesterday (October 28, EST), Bitcoin spot ETFs had a total net inflow of $479 million. As of press time, the total net asset value of Bitcoin spot ETFs was $68.472 billion, and the ETF net asset ratio (market value to the total market value of Bitcoin) reached 4.97%, with a historical cumulative net inflow of $22.414 billion.

An attacker hacked into the X account of Andy Ayrey, the founder of Truth Terminal, and released the IB information of the new token, making a profit of $602,500 in less than an hour.

As BTC surged above $71,000, whales seem to be more bullish. In the past 17 hours, two newly generated wallets withdrew a total of 4,253 BTC from Coinbase. One of the wallets withdrew 3,653 BTC worth $259.66 million, while the other wallet withdrew 2,600 BTC worth $42.63 million.

Hurun Research Institute released the "2024 Hengchang Shaofang Hurun Rich List", and former Binance CEO Zhao Changpeng ranked 16th on the list with a wealth of 135 billion yuan. The article mentioned that although Zhao Changpeng was arrested in California in the past year and paid a total of more than 7 billion US dollars in fines, his wealth still increased by 90 billion yuan compared with last year (ranked second on the list with the largest wealth growth), reaching 135 billion yuan, mainly due to the increase in the total transaction volume of virtual currencies in the past year, as the price of Bitcoin rose 130% from the same period last year to 65,000 US dollars. In addition, the market value of the virtual currency exchange Coinbase has more than doubled from 19 billion US dollars to 46 billion US dollars.

Meta is developing a search engine that crawls the web to provide answers to conversations about current events to users using the Meta AI chatbot. The company is trying to keep up with OpenAI in artificial intelligence development. In doing so, Meta hopes to reduce its reliance on Google Search and Microsoft's Bing, which currently provide news, sports and stock information to users using Meta AI, according to a person who has spoken with the search engine team. It may also give Meta a backup option if Google or Microsoft withdraw from those arrangements, according to a person involved in the strategy.

The Bank for International Settlements (BIS) is discussing whether to shut down a pilot cross-border payments platform, mBridge, after Russian President Vladimir Putin cast the underlying technology as a tool to circumvent sanctions and potentially undermine the dollar’s dominance in the global financial system.

Cardano founder Charles Hoskinson changed his stance on Bitcoin and announced that Cardano L1 will transform into Bitcoin L2.