News linked to this event type.
BNB Chain announced on X platform that the Jenner hard fork upgrade has launched on the BSC testnet. The upgrade includes Payment Lane, which reserves 5% of block Gas by default for eligible payments; millisecond-level block timestamps for smart contracts; and a new compliant asset standard, CAS20. Payment Lane and CAS20 will only be fully enabled after governance approval, with more details to be announced later.
Odaily reports: Gate Money connects account payments, asset exchange, and everyday spending, with its services underpinned by collaboration among international banks, payment institutions, custody providers, and clearing institutions. Eligible users can use bank accounts in their own name to manage fiat funds by currency, process deposits and withdrawals, and send and receive digital assets through supported blockchain networks. The availability of each feature depends on local regulatory requirements, the service capabilities of partner institutions, and user eligibility.On the compliance front, Gate has obtained a MiCA license and a Payment Institution (PI) license in the EU, its Dubai entity has obtained a VARA license, and its Australian entity has completed AUSTRAC registration as a digital currency exchange provider, with these qualifications applying to the respective entities and approved business activities. Gate US holds 37 state-level Money Transmitter Licenses (MTLs), covering 47 U.S. states and territories. On asset transparency, Gate's latest proof of reserves shows that the platform's total reserve size has risen to USD 8.688 billion, with an overall reserve coverage ratio of 118.49%; BTC reserves reached 25,727, with a reserve ratio of 121.60%; ETH reserves stood at 449,042, with a reserve ratio of 123.78%. Collaboration with financial institutions, compliance qualifications, and verifiable reserves together form the foundation of Gate Money's services, supporting the platform in meeting fund payment and asset management needs beyond trading. (Cointelegraph)
Morgan Stanley assesses that the delivery of new production capacity has met high market expectations, and further valuation appreciation will require support from improved profit margins.
Adam, a researcher at Greeks.live, posted on X that Coinbase INTX has launched options trading. Its USDC options share liquidity with Deribit, and the trading interface is close to the style of US stock trading software, so users familiar with the Coinbase interface can transition to it smoothly. The platform is currently still invite-only, some features are not yet fully ready, and its functional completeness is not on par with Deribit.
Bitget PoolX is launching a BGBTC lock-up event, where users can lock BGBTC to participate in the distribution of 7,100 UNI airdrop, with a maximum lock-up limit of 30 BGBTC per user. The lock-up period is from October 29, 18:00 to November 3, 18:00 (UTC+8).
Bitget PoolX will soon launch the BGBTC lockup event, allowing users to lock up BGBTC to share in airdrop rewards of 7,100 UNI tokens, with a maximum lockup amount of 30 BGBTC per user. The lockup period runs from 18:00 on October 29 to 18:00 on November 3 (UTC+8).
The core platforms, including the Allium App, Explorer, and Explorer API, have been restored to service, though some features are still being recovered. For the latest updates, please refer to the official status page. Allium stated that it will release a summary of the investigation findings and response measures upon completion of the investigation.
Diva Staking issued an official announcement stating that the liquid staking protocol will cease operations and will not launch on the mainnet. Users who made pre-deposits to the Early Staker Vaults can directly withdraw their funds via Enzyme. The team stated that project funding was exhausted by mid-2024, after which three core members persisted in development for nearly two and a half years without income or salary. The team could not afford the costs of a new round of audits, nor the deployment and maintenance expenses for a complex protocol, and no major institution was willing to assist with the launch. Diva had previously launched on the Hoodi testnet, operating stably for four months without any issues. However, the team noted that AI makes vulnerabilities easier to detect, and the protocol still carried risks of audit oversights that could endanger user funds. Therefore, they chose to shut down the project rather than rush the launch.
Alipay posted on X stating that Alipay does not support virtual currency (cryptocurrency) transactions or related services. Peer's claim of supporting the buying and selling of USDC through Alipay is false and unauthorized. Alipay reminds users to stay vigilant and protect their funds and account security.
According to The Block, in its report published on Wednesday titled "2027 Bitcoin Long-Term Capital Market Assumptions," crypto asset management firm Bitwise raised its 10-year Bitcoin price forecast from $1.3 million to $1.6 million, projecting a compound annual growth rate (CAGR) of 34.3% for Bitcoin over the period. The report states that the base case scenario assumes Bitcoin will capture 25% of the global store-of-value market and 1% of institutional investment assets by 2036; its bear case is $130,686, while its bull case is $3.67 million. Bitwise Chief Investment Officer Matt Hougan stated that the company maintained its market share assumptions unchanged but increased its 2036 estimate for the global store-of-value market from $91 trillion to $110 trillion, and its institutional investment market size from $216 trillion to $303 trillion. The report also noted that Bitcoin's maximum supply is 21 million coins, with 20.1 million currently in circulation, accounting for 95.7% of the total supply.
Pump.fun plans to launch the Elysium trading feature in its app on November 9. Previously, the application introduced Hyperliquid perpetual contract trading. Elysium is a standalone rollup with HyperEVM as its settlement layer.
Jin10 Data reports show that the Federal Reserve kept interest rates unchanged in October, with two officials supporting a 25 basis point rate hike, while the Bank of Canada delivered its first rate increase in over three years. Domestically, 800 billion yuan in new policy-based financial tools have been deployed. Microsoft Azure revenue grew by 48%, and Google's results fell short of expectations.
Federal Reserve official Walsh did not provide the December roadmap expected by the market, continued to downplay forward guidance, and emphasized that there is no "soft version" of the 2% inflation target.
Odaily reports: GMX 🫐 posted on X that Q3 GDP and September PCE data will be released simultaneously on October 29 at 8:30 AM ET. Market expectations are for annualized GDP growth of about 3.2%, with core PCE up about 0.3% month-over-month and about 3.1% year-over-year. The Fed voted 10-2 to keep interest rates in the 3.75%-4.00% range, with both dissenters favoring a rate hike; this will be the first batch of major data released since then and will influence the December decision.
Jin10 compiles the rationale for both rate hikes and holding rates steady in the Federal Reserve's interest rate decision, encompassing factors such as high inflation, restrictive policy stances, signals of consecutive rate hikes, and the uncommon occurrence of a decision preceding an election.
Y Combinator has released a startup guide for the crypto sector, noting that over the past year, growth in the crypto industry was driven by institutions rather than consumers for the first time. Use cases are shifting from speculative trading to real-world financial needs such as oil hedging and cross-border corporate treasury flows, and the firm expects crypto adoption to accelerate further.The firm believes that various asset classes will accelerate toward tokenization, expanding from stablecoins and equities to real estate titles, debt, and commodities. Meanwhile, startup equity and small-value assets that were previously difficult to securitize may also enter the market through on-chain issuance. Around these assets, financial infrastructure such as trading, lending, and derivatives will continue to develop, and AI agents may become important financial participants.For startup directions over the next 6 months, Y Combinator is focusing on AI fundraising, USD and other fiat stablecoins, neobanks, real-world asset (RWA) tokenization, trading platforms, and crypto API infrastructure for AI agents. The firm believes that while traditional financial institutions face challenges, this also creates startup opportunities for a new generation of fintech companies.
Odaily News: Bitwise has released its "2027 Bitcoin Long-Term Capital Market Assumptions" report, forecasting Bitcoin's returns, volatility, and correlation with equities over the next 10 years. Bitwise stated that under its base case scenario, Bitcoin is expected to rise to $1.6 million by 2036.
Uniswap posted on X that the new Robinhood stock tokens are now live globally on Uniswap Protocol, Apps, and API, supporting self-custody and 24/7 access.
According to official announcements, Robinhood Chain has added 8 new stock tokens: J.P. Morgan, Visa, PayPal, BMNR, McDonald's, Disney, Uber, and the VanEck Gold Miners ETF.
Jupiter has partnered with BitGo to launch an institutional-focused validator, allowing BitGo's institutional clients to stake SOL directly through their existing custody accounts using Jupiter.