according to Yonhap News Agency, South Korean National Power Party member Park Sung-hoon will propose a bill to amend the Foreign Exchange Transaction Act to include stablecoins in the legal definition of payment methods. The bill aims to revise Section 3, Article 1 of the "Definition" part to list stablecoins alongside government-issued currency, banknotes, coins, etc. as payment methods.

according to TraderT monitoring, the net inflow of the US spot Bitcoin ETF yesterday was 149.23 million US dollars.

 according to TraderT monitoring, the net inflow of the US spot Ethereum ETF was $133.25 million yesterday.

 the Shanghai Composite Index turned red, standing above the 4000-point mark to continue to hit a ten-year high. The Shenzhen Component Index rose by 0.2%, the ChiNext Index rose by 0.7%, and more than 2900 individual stocks in the entire market rose. The Fujian sector led the gains. 

 the price of gold regained some lost ground on Tuesday, returning to above $4,000 per ounce, as expectations of further interest rate cuts by the Federal Reserve outweighed the pressure from signs of a thaw in international trade tensions. During the early session, spot gold rose to near $4,019 per ounce, after falling more than 3% on Monday to its lowest level since October 10. Tim Waterer, chief market analyst at KCM Trade, said, "Buyers waiting on the sidelines for gold are now tempted to build positions at these price levels. In addition, we also see the U.S. dollar weakening, providing a breathing space for the gold price." 

 MetaMask has launched a multi-chain account. In addition, the loading speed of user assets has increased by 30 times.

 analyst Emmett Gallic monitored that the Trump family's encryption project World Liberty Fi destroyed 175 million WLFI tokens worth $26.72 million early this morning.

 spot gold fell $14 in the short term, with the latest price at $3983.37 per ounce. (Jinshi)

according to Cointelegraph, the dYdX community will vote on a $462,000 compensation proposal aimed at compensating traders affected by an 8-hour service interruption during last month's historic liquidation event.

analyst Marty Party disclosed that VanEck has submitted the sixth S-1/a amended filing for its spot Solana ETF, with changes including: submission status changed to "effective", fees at 0.3% (which was also 0.3% in previous filings).

On October 27th, it was announced that the first Solana spot ETF in Hong Kong - Huaxia Solana ETF was officially listed on the Hong Kong Stock Exchange, becoming the third type of cryptocurrency spot ETF approved by the Hong Kong Securities and Futures Commission after Bitcoin and Ethereum.

Bitwise SOL Staking ETF will be launched on October 28th.

 according to Whale Alert monitoring, about 10 minutes ago, 150,000,000 TRX coins (worth about $44,688,760) were transferred from an unknown wallet to Binance.

 Kyle Samani, managing partner of Multicoin Capital, deleted the previous tweet "Bitwise SOL Staking ETF will be listed on October 28th", and the reason for the deletion is currently unclear.

 according to Whale Alert monitoring, in the past 3 hours, USDC Treasury minted a total of 750 million USDC in three transactions.

On October 28th, Coinbase's wholly-owned investment management institution—Coinbase Asset Management Company (CBAM), announced today a strategic partnership with asset management giant Apollo (NYSE: APO), to jointly launch a credit strategy program based on stablecoins. This move will build a bridge connecting stablecoins, private credit, and asset tokenization, aiming to explore high-quality credit opportunities in the rapidly expanding stablecoin ecosystem.

Barclays expects the Fed to cut interest rates by 25 basis points this week, but there may be differences of opinion within the decision-making body. Director Milan may advocate for a larger rate cut, while other officials may lean towards maintaining the current rate level. In addition, Barclays also expects the Fed to signal the end of its balance sheet reduction plan in December.

Streamex Corp. (NASDAQ: STEX), a Nasdaq-listed company, announced a strategic partnership with Chainlink, which will serve as its official oracle and on-chain transparency provider. This partnership will enhance GLDY's cross-chain functionality, transparency, and trust through the integration of Chainlink's reserve proof, price oracle, and Cross-Chain Interoperability Protocol (CCIP). GLDY is a gold-backed stablecoin asset designed to provide institutional-grade cash management and returns for physical gold holders.

 IBM has announced the launch of a new digital asset platform, Digital Asset Haven, aimed at helping financial institutions and highly regulated enterprises securely enter the digital asset economy. The platform was developed in partnership with Dfns, supports over 40 blockchain networks, and provides secure custody, trade lifecycle management, and policy-based governance features. The platform integrates compliance tools, quantum-safe encryption technology, and hardware-supported key security mechanisms, enabling institutions to participate in the blockchain ecosystem while meeting strict regulatory requirements.

 Binance founder CZ reposted content on social media saying that in the past 3 months, 1,441,281 BNB have been burned, equivalent to burning 11.12 BNB per minute. CZ said, or about burning approximately $11,000 per minute, I had not even considered this issue from this perspective before. BNB is deflationary.