On October 21st, according to CoinDesk Japan, stablecoin issuer JPYC and South Korean IT company ITCEN will conduct stablecoin research cooperation. The two parties have jointly signed a memorandum of understanding (MOU) and stated that they will not only research Japanese yen stablecoins, but also the possibility of stablecoins based on other currencies (such as the South Korean won).

Yuichiro Tamaki, leader of the Japanese Democratic Party, has proposed a cryptocurrency tax plan that would lower taxes on cryptocurrency earnings to 20% if he is elected. Tamaki stated in a post on X that "if you believe that cryptocurrency assets should be taxed separately at a rate of 20%, rather than being treated as miscellaneous income, please vote for the People's Democratic Party." However, the plan may be far from implementation as the Democratic Party currently holds only 7 out of 465 seats in the Japanese House of Representatives (the lower house of the National Diet of Japan). According to Tamaki's plan, exchanging one cryptocurrency asset for another would not trigger any tax events.

On October 19th, according to official reports, the advertising time platform ATT Global of Depin+RWA has received investment from Digitata Capital, which will further improve ATT Global's deep layout in the Depin and RWA tracks and further expand its international market.

On October 19th, according to the latest data from CCData, Binance's cumulative spot and derivative trading volume has exceeded 100 trillion US dollars, leading other platforms by a large margin and ranking first among global cryptocurrency exchanges. OKEx ranks second with 20 trillion US dollars, followed closely by Bybit and Bitget, ranking third and fourth respectively.

7:00-12:00 Keywords: Aptos, Gold, Brazil

According to data monitored by Arkham, about ten hours ago, ARK Invest's spot Bitcoin exchange-traded fund ARKB 21Shares Bitcoin ETF transferred a total of 4948 BTC worth $340.49 million to Coinbase Prime address through two transactions.

According to analysis company IntoTheBlock's tracked data, the total amount of high-risk loans (defined as loans with a liquidation price within 5%) rose to $55 million on Wednesday, reaching the highest level since June 2022. Cryptocurrency traders typically obtain loans from decentralized lending platforms by locking in digital assets as collateral. The risk here is that if the value of the collateral drops too much, the protocol will liquidate the debt by selling the collateral. A loan within 5% of the liquidation price means that if the price of the collateral drops by 5%, it will no longer cover the loan, triggering liquidation.

Singaporean Web3 game development company and L2 protocol Saakuru developer Saakuru Labs announced a joint launch of a $10 million incubation fund with the MemeCoin community platform MemeCore, aimed at promoting the development of the Web3 game industry. The fund plans to invest in and acquire communities and games and incorporate projects into the Saakuru and MemeCore ecosystems. Saakuru Labs previously received $2.4 million in private equity investment and has formed a strategic partnership with Animoca Brands.

According to on-chain data analyst @ai_9684xtpa, a whale address starting with 0x3ec withdrew a total of 7,595 ETH from Scroll over the past 9 hours and subsequently transferred it to Binance and Bybit.

data disclosed by Hong Kong media shows that Cyberport's community of startups still had strong financing performance in the past year. In the year ending September 2024, Cyberport's startups successfully raised over HKD 3.7 billion, a 23% YoY increase. Recently, Cyberport enterprises that have completed high financing rounds include KLOOK, Leapstack, Buy&ship, MediConCen, and DeBox, with a total cumulative financing amount exceeding HKD 41.2 billion. During the year, HashKey Group, the second licensed virtual asset trading platform in Hong Kong, became the eighth unicorn enterprise in Cyberport, reflecting the potential of Web 3.0 technology applications to attract investor support, and the continued effectiveness of Cyberport's promotion of the Web 3.0 industry.

the CEO of Anthropic believes that artificial intelligence may be smarter than most humans by 2026.

The number of initial jobless claims in the United States last week was 241,000, estimated at 260,000, and the previous value was 258,000.

The US dollar index DXY rose more than 20 points in the short term after the release of US economic data, now reporting at 103.66.

The US crypto ETF market has experienced significant growth in 2024, driven by Bitcoin and Ethereum ETFs, with market capitalizations exceeding $78 billion and $7.81 billion, respectively. However, retail investors outside the US face obstacles in accessing crypto ETFs, limiting global adoption. The US now holds 83.3% of the global market for crypto ETFs, surpassing Canada's previous 46.3% market share. While European retail investors cannot access US spot bitcoin and Ethereum ETFs due to regulations, some countries like Germany and France offer access to crypto through ETNs. Despite limitations, the direct exposure to bitcoin and Ethereum through crypto ETFs is still in its early stages, and it remains to be seen whether other countries will gain crypto ETF market share relative to the US.

The three major US stock indexes opened higher, with the Dow rising 0.25%, the S&P 500 index rising 0.57%, and the Nasdaq rising 0.9%.

Jupiter has officially launched the Ape Pro application for trading Memecoin on Solana.

OriginTrail, an ecosystem focused on creating a safe internet in the age of AI through its decentralized knowledge graph, was named the best project at the MIT Decentralized AI Summit. The summit brought together top innovators, researchers, and industry leaders to explore the future of decentralized AI technologies. OriginTrail's founder, Branimir Rakic, explained how their decentralized knowledge graph powered by Polkadot addresses important challenges in the age of AI, such as misinformation and unreliable AI. The recognition highlights OriginTrail's expected impact on driving mainstream adoption for both AI and Web3 technologies across diverse industries.