Hyve, a DA project on the chain, has completed a seed round of financing of $1.85 million, led by Lemniscap with participation from Paper Ventures and Frachtis.

According to market data, ETH has broken through $2600 and is currently trading at $2600.4, with a 24-hour decline of 0.57%. The market is volatile, please be prepared for risk control.

ZKsync has released its first governance proposal, named ZKsync Ignite, with plans to transform ZKsync Era into the liquidity center of Elastic Chain through the project. To achieve this, 300 million ZK tokens will be distributed to DeFi users over the next nine months. The proposal has been announced on the ZK Nation forum, aiming to further develop and expand the ZKsync ecosystem.

The decentralized AI data chain Masa has partnered with the on-chain AI infrastructure AutonomysNetwork to introduce high-quality, real-time, and multimodal training data into various on-chain agents and applications in the Autonomys ecosystem. Additionally, Autonomys will also use Masa's real-time data stream to support its various innovative AI agents and applications.

Mohinihan believes that if the United States does not balance its spending with economic growth, it will regret it. If this problem is not solved, the United States may lose its position as the "gold standard" of the economy.

Base research team has released a proof of concept (POC) for RIP-7755, a cross-Layer2 invocation standard. This is a powerful building block that can achieve seamless interoperability between Optimism, Arbitrum, and other Ethereum L2s.

According to Chain Analysis Analyst @ai_9684xtpa, after the airdrop ended, Puffer funds have net outflowed 60,600 ETH worth $159 million since the 14th. Two addresses redeemed 7129.5 ETH (about $18.64 million) from Puffer three hours ago and then recharged into Binance. They received a total of 420,303 PUFFER airdrops worth $297,000.

SlowMist founder, Cosmos, posted on X about the attack on Radiant Capital, reminding users to promptly revoke authorization for certain addresses to avoid secondary damage.

Siam Commercial Bank (SCB) of Thailand recently announced that it will partner with fintech company Lightnet to begin offering customers stablecoin cross-border payment and remittance services. This service will allow customers to send or receive cross-border transactions 7 days a week, 24 hours a day, while reducing transaction costs. The bank's new stablecoin service has been tested through Thailand's regulatory sandbox.

On October 17th, Bloomberg reported that payment company Stripe Inc. is in deep negotiations to acquire financial technology platform Bridge. No final decision has been made yet and either party could still withdraw from the deal.

Asset management company Bitwise has submitted an XRP ETF S-1/A registration document to the US Securities and Exchange Commission (SEC).

insiders say that the artificial intelligence startup Clay is seeking funding at a valuation of $1.3 billion. Last June, the company completed a Series B financing round of $46 million at a valuation of $500 million, led by Meritech.

According to WhaleAlert, a blockchain data tracking service, at around 11:19 AM Beijing time, 1,832 BTC (valued at $122,961,443) was transferred from an unknown wallet to Bitfinex.

The sales of WLFI tokens from World Liberty Financial, the encrypted project of the Trump family, have surpassed $10 million, which is approximately 3.4% of its goal of $300 million.WLFI started selling on October 15th, offering a total of 20 billion tokens, but only sold 687 million tokens worth about $10.3 million after 14 hours. According to Etherscan data, only 6,832 independent wallet addresses hold WLFI, far lower than the 100,000+ registered users announced by the project team the day before the token was released.

Libertarian advocate Aaron Day has initiated a petition calling for the release and pardon of early Bitcoin investor Roger Ver, which has collected 245 signatures out of a required 500. Ver is facing extradition to the United States on charges of tax evasion.

Carrie Lam, the Chief Executive of Hong Kong Special Administrative Region, stated that the government will continue to promote the policy stance and guidelines of innovative financial services such as central bank digital currency, mobile payments, virtual banks, virtual insurance, and virtual asset trading applications of artificial intelligence. Measures include:

Bank of Japan policy board member Masayoshi Amamiya said that there is currently no specific month under consideration for when the Bank of Japan will raise interest rates again. At the same time, our interest rate hike measures have had the expected effect so far, but we must avoid pushing Japan back into deflation by raising rates too early. (Jinshi)

US prosecutors told a judge that the mastermind behind one of the largest cryptocurrency heists ever should be sentenced to five years in prison for a money laundering conspiracy related to the $6 billion hack of Bitfinex exchange.

According to a new survey by Francisco Gavidia University, only 7.5% of respondents in El Salvador reported using cryptocurrency for transactions, while 92% admitted to not using cryptocurrency and only 1.3% believed that Bitcoin is the country's main future development direction. In addition, about 58% of respondents said they believe the country is moving in the right direction, with the majority supporting President Bukele. In an interview with Time magazine in August, President Bukele said that the number of Salvadorans using Bitcoin was lower than expected and that "Bitcoin has not been widely adopted as we expected."