PANews reported on October 27 that according to DL News, FTX has agreed to drop its lawsuit against the cryptocurrency exchange Bybit and reached a $228 million settlement agreement, which will allow FTX to recover $175 million in digital assets from the Bybit exchange and sell other assets including BIT tokens to Bybit's investment arm Mirana Corp. for $53 million.

PANews reported on October 27 that Paolo Ardoino, CEO of Tether, posted on the X platform that a preview of Tether's Local AI development kit was shown yesterday at Lugano Plan ₿. The kit takes privacy as the midpoint and is supported by peer-to-peer technology. Code only needs to be written once and it can be run anywhere, from $40 mobile phones to flagship smartphones, from laptops to mainframes with many H100s, and from smart refrigerators to car entertainment systems.

PANews reported on October 27 that Token Unlocks data showed that TIA, SUI, and OP tokens will usher in large-scale unlocking next week, among which: Celestia (TIA) will unlock about 175.6 million tokens at 10 pm Beijing time on October 30, accounting for 79.75% of the current circulation and worth about US$941 million; Sui (SUI) will unlock about 64.19 million tokens at 8 am Beijing time on November 1, accounting for 2.32% of the current circulation and worth about US$116 million; Optimism (OP) will unlock about 31.34 million tokens at 8 am Beijing time on October 31, accounting for 2.50% of the current circulation and worth about US$49.5 million; Immutable (IMX) will unlock about 32.47 million tokens at 8 am Beijing time on November 1, accounting for 1.98% of the current circulation and worth about US$43.19 million; ZetaChain (ZETA) will unlock approximately 53.89 million tokens at 8:00 a.m. on November 1, Beijing time, accounting for 11.72% of the current circulation and worth approximately US$36.6 million; Tribal Token (TRIBL) will unlock approximately 22.07 million tokens at 8:00 a.m. on October 31, Beijing time, accounting for 19.06% of the current circulation and worth approximately US$13.4 million; Cardano (ADA) will unlock approximately 18.53 million tokens at 8:00 a.m. on November 1, Beijing time, accounting for 0.05% of the current circulation and worth approximately US$6.2 million; dydx (DYDX) will unlock approximately 8.33 million tokens at 8:00 a.m. on November 1, Beijing time, accounting for 1.29% of the current circulation and worth approximately US$8.1 million; Delysium (AGI) will unlock approximately 34.38 million tokens at 8:00 a.m. on November 1, Beijing time, accounting for 2.85% of the current circulation and worth approximately US$5.5 million; Ethena (ENA) will unlock about 12.86 million tokens at 3:00 p.m. Beijing time on October 30, which is 0.47% of the current circulation and worth about $4.5 million. SingularityNET (AGIX) will unlock about 8.07 million tokens at 8:00 a.m. Beijing time on October 28, which is 2.11% of the current circulation and worth about $4.3 million. Artificial Superintelligence Alliance (FET) will unlock about 3.5 million tokens at 8:00 a.m. Beijing time on October 28, which is 0.13% of the current circulation and worth about $4.3 million. Eigenlayer (EIGEN) will unlock about 1.29 million tokens at 3:00 a.m. Beijing time on October 30, which is 0.69% of the current circulation and worth about $3.8 million. Velo (VELO) will unlock about 182 million tokens at 8:00 a.m. Beijing time on October 29, which is 2.47% of the current circulation and worth about $2.3 million. Crown by Third Time Games (CROWN) will unlock approximately 4.63 million tokens at 8:00 a.m. Beijing time on November 1, accounting for 2.18% of the current circulation and worth approximately US$1.4 million; Manta Network (MANTA) will unlock approximately 1.87 million tokens at 7:59 a.m. Beijing time on November 1, accounting for 0.49% of the current circulation and worth approximately US$1.2 million.

According to Lookonchain, Michael Bouhanna, vice president of Sotheby's, had previously bought many kinds of Meme coins but made almost no money. Therefore, he used his own wallet "5W7U...b3cV" to launch a Meme coin called BAN, and made more than $1 million in profit on BAN using only one internal wallet. Michael Bouhanna once publicly commented that the "5W7U...b3cV" wallet was his address (the post has been deleted by him), and the address was also the deployer of BAN. Although he was forced to destroy 37.36 million BAN in his wallet, he used the internal wallet to buy BAN and made more than $1 million in profit.

In response to the community question "Why doesn't the Ethereum Foundation stake all ETH like the Nobel Prize Foundation and only use the proceeds to cover the costs? Why do you insist on selling ETH regularly without considering market sentiment and everyone's voice? You have always claimed that Ethereum's POS is safe, why don't you stake ETH yourself? Do you lack confidence in POS?" Vitalik responded: One of the internal reasons is that the team does not want to be forced to make an "official choice" in the event of a controversial hard fork. An interesting idea currently being considered is to provide some subsidies in the form of "You can stake our ETH, you can choose how to stake, as long as it is ethical and maintains upside." Another way to solve this problem is to spread legitimacy and resources to a wider range of places so that people will think that multiple organizations can reliably represent Ethereum. In this regard, we are in a much better situation than we were two years ago.

Coinbase has launched a new tool called Based Agent, which allows users to set up their own artificial intelligence agent using a crypto wallet in three minutes. Once created, the agent can handle a variety of on-chain tasks, from trading to swapping and staking.

Coinbase has partnered with the NBA Golden State Warriors. As part of the deal, the cryptocurrency exchange's brand will appear prominently in the Warriors' Chase Center and on limited-edition team merchandise. The trading platform will also offer on-chain giveaways and game-day activations for Warriors fans. "Our exclusive partnership with the Golden State Warriors provides fans with an easy and fun way to try it," said Kate Rouch, chief marketing officer at Coinbase, in a statement. "We're excited to bring Dub Nation to the chain." Coinbase did not disclose the formal terms of the deal, including transaction costs and duration. CoinGecko data shows that so far this year, the number of sports-related transactions reached by cryptocurrency companies has tripled compared to 2023.

According to monitoring by ai_9684xtpa, the smart money FB17K...V18KR spent 2.97 SOL (518 US dollars) to buy 80.77 million Meme tokens BAN, and has accumulated a profit of 1.25 million US dollars, with a return rate of up to 2414 times.

According to ai_9684xtpa monitoring, the address 0x2ab...3727e liquidated 1,500 ETH (worth $3.71 million) at the end of 2023 at an average price of $2,182 three hours ago. The deposit price was $2,480. If all were sold, a profit of $446,000 would be made. In the past seven days, the price of ETH has fallen by 6.39%. These 1,500 ETH had a floating profit of $2.82 million at the peak of the price this year.

The illegal organization "China International Plum Blossom Association" used high pension returns as bait to commit fraud. Zhejiang police arrested 212 suspects including behind-the-scenes financiers and fraud gangs. After investigation, it was found that since July 2022, the criminal suspect Guo Mou recruited Cheng Mou, Zhang Mou, Meng Mou and others, forged official documents of state organs, established the illegal organization "China International Plum Blossom Association", and fabricated the "Zhou Haiqing Elderly Pension" national asset unfreezing fraud project. Through online social tools, he recruited and formed a team, adopted a hierarchical management method, used high pension returns as bait, and developed personnel from all over the country to participate, and charged fees in the name of "membership fees", "venue fees", "certificate fees", "personal income tax", etc., using virtual currency to launder money and illegally profit. It has been found that the funds involved in the case are more than 58 million yuan. At present, the case is still under further processing.

Magic Eden said on the X platform that the test token TestME will be released on October 29 and will run from October 29 to October 31.