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.
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."
On October 16th, Yala announced on X platform that its testnet is now live. Through Yala testnet, users will be able to deposit YU, manage their positions, and stake YU to earn points.
Stuart Alderoty, Chief Legal Officer of Ripple Labs, said that as the US SEC prepares to appeal the decision regarding XRP with a federal judge, the agency will face another failure.In an interview, he said, "This will have a boomerang effect on the SEC. I feel good about our case in the Southern District of New York, and even better about the case in the Second Circuit."Alderoty said that when the US SEC first filed a lawsuit against Ripple and its two executives in 2020, the company publicly announced that its legal fight was "representative of the entire industry." He added that this move showed that the SEC "will take action against the entire industry."
at 21:07 Beijing time, Musk replied to a user's question on Twitter about building a city on Mars. He said that if civilization remains stable in the next 30 years, a city with a population of one million that is self-sufficient will be built on Mars. Earlier, Elon Musk announced a new plan to launch five Starships to Mars within two years, send humans to Mars within four years, and establish the first Mars city TERMINUS with a population of one million by 2050.
Golden Finance reported that according to Ultrasound.money data, the net supply of Ethereum increased by 5,934 coins in the past 7 days, of which the supply of about 18,372 ETH increased, and 12,437 ETH was destroyed through the destruction mechanism. The current growth rate of supply is 0.257% per year.
Golden Finance reported that SpaceX's Starship, owned by Elon Musk, carried out its fifth major test flight of the launch rocket, with the Starship igniting and taking off.
Musk has once again changed his X account avatar, updating it from "Starship Flight 5" to the starship launch tower "Mechazilla". Previously, the news reported that "Mechazilla" successfully caught the returning Super Heavy, SpaceX's super heavy rocket booster, on the launch tower arm in Texas, marking an important milestone in the fifth test flight of the Starship.
According to CME FedWatch, there is an 89.5% probability of the Fed cutting rates by 25 basis points in November, and a 10.5% probability of keeping rates unchanged.