News linked to both this project and an event.
This method has been integrated into the open-source library gnark-crypto. The library currently runs on Besu, Linea, go-ethereum, as well as gnark-based systems such as Succinct and Lighter. The related paper has been accepted by the IACR Transactions on Cryptographic Hardware and Embedded Systems (TCHES) and will be published at CHES 2027.
Odaily Report: During the Binance attack, an obvious arbitrage opportunity emerged on-chain. According to a community user's review, the attacker, in order to avoid Tether freezing, swapped a large amount of USDT for ETH through DEXs, causing the ETH price on Uniswap to briefly rise to $2,560–$2,750, with some individual trades exceeding $3,000, while Aave's ETH price obtained through the Chainlink oracle remained at $2,250–$2,290. A price gap of 15% to 30% appeared between on-chain and oracle prices, lasting nearly an hour.Arbitrageurs exploited this price gap by depositing USDC/USDT as collateral into Aave, borrowing ETH at the oracle price, then selling it at high prices on DEXs, and buying back ETH to repay the loans once the spread narrowed. According to the user's statistics, within 6 hours after the incident, a total of 61 addresses borrowed ETH on Aave mainnet (excluding the hacker's address). Among them, the most profitable address sold 12,289 ETH at an average price of approximately $2,580, then bought back 12,314 ETH at an average price of approximately $2,297, earning about $3.47 million. The top ten arbitrage addresses collectively profited approximately $6.36 million.The user stated that the arbitrageurs exploited the price disconnection between centralized exchanges and DEXs, and that the Aave contract itself had no vulnerability. As DEX prices fell back and Aave froze the mainnet V3 market, the arbitrage window gradually closed. The above profits are based on transaction-by-transaction on-chain statistics and have not yet deducted Gas fees.
Odaily reports: Elon Musk retweeted Wall Street legendary investor Stan Druckenmiller's tweet disclosing his investment in Trade.xyz, and said "Interesting."Earlier news: Stan Druckenmiller (@standuquesne) posted his first tweet, stating that he has become an investor in Trade.xyz. Trade.xyz is collaborating with Intercontinental Exchange (ICE) and plans to bring Hyperliquid-based 24/7 perpetual futures to the United States. Stan Druckenmiller stated that as a market participant, he looks forward to using this product to improve his investment process.
Odaily reports: The French Senate has passed a bill on first reading authorizing tax authorities to automatically exchange crypto asset transaction data with foreign counterpart agencies. The bill has subsequently been submitted to the National Assembly for review as Bill No. 3421 and still needs to complete the legislative process.The bill covers agreements on the exchange of crypto asset tax information and updates existing agreements on the exchange of financial account information. The crypto asset portion is based on the Crypto-Asset Reporting Framework (CARF) developed by the Organisation for Economic Co-operation and Development, which sets common standards for collecting and automatically exchanging crypto transaction information for participating jurisdictions.France has already implemented the EU's Eighth Amendment to the Administrative Cooperation Directive (DAC8) through its 2025 finance bill, requiring crypto service providers to report client identity and transaction data to tax authorities, which then share the information with the EU country where the user resides. French lawmakers are also discussing crypto tax adjustments in the 2027 budget. An amendment passed by the National Assembly on October 16 proposes taxing gains from conversions into specific fiat-pegged stablecoins starting January 1, 2027, but the measure has not yet become law. (Cointelegraph)
Stan Druckenmiller (@standuquesne), Chairman and Chief Investment Officer of Duquesne Family Office, posted his first tweet, stating that he has become an investor in Trade.xyz. Trade.xyz is collaborating with Intercontinental Exchange (ICE) to bring Hyperliquid-based 24/7 perpetual futures to the United States. Stan Druckenmiller said that as a market participant, he looks forward to using this product to improve his investment process.
predict.fun posted on X that Season 2 has launched with a new leaderboard, allowing participants to earn more PREDICT. Season 2 liquidity PP can be acquired in two ways: limit orders are calculated based on how long the order remains on the order book, while filled orders are calculated based on the value of the filled market-making orders.
Doubao Work has announced the rollout of third-party large model services for enterprise customers, initially integrating models such as Kimi K3.1 Pro, GLM-5.3, and DeepSeek V4.1 Flash. This update is available to users of the Team Subscription and Enterprise Subscription plans. The feature will be automatically enabled upon launch, requiring no separate procurement from model vendors or additional applications from enterprises. Usage will subsequently be deducted from the enterprise’s existing AI points based on actual consumption.
Odaily reports: According to an official announcement, Gate ETF launched SOXS3L/USDT (buying equals 3x long SOXS), SOXS3S/USDT (buying equals 3x short SOXS), CBRS3L/USDT (buying equals 3x long CBRS), and CBRS3S/USDT (buying equals 3x short CBRS) trading pairs on October 29 at 15:00 (UTC+8), offering users more leveraged trading options.To coincide with the new listings, Gate has simultaneously launched an ETF new listing trading challenge. The campaign runs from October 29 at 15:00 to November 7 at 15:00 (UTC+8), featuring a total prize pool of 60,000 USDT, with a single user eligible for up to 670 USDT in combined rewards.The campaign includes four major tasks: new listing first-trade rewards, cumulative trading check-ins, a community-wide trading prize pool, and friend referrals. Users who complete their first trade with a trading volume of at least 100 USDT have a chance to receive a 10 USDT ETF trading fee rebate voucher; participating in cumulative trading check-ins can earn up to 100 USDT in rewards; the community-wide trading prize pool can unlock up to 30,000 USDT, with eligible users sharing rewards proportionally based on trading volume, up to a maximum of 500 USDT per person.
Odaily Report: The EIP-8450 proposal has been updated, aiming to introduce a quantum-resistant public key registration mechanism for Ethereum validators, adopting hash-based cryptographic schemes, including leanXMSS keys and VRF tree roots. The update specifies that BLS signing keys authorize the registration and replacement of quantum-resistant keys, and sets a replacement delay of at least one Epoch along with an anti-replay mechanism; the proposal is currently still in the Draft stage and has not yet been deployed.
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.
European stock exchange operator Euronext has suspended the listing and trading of the CoinShares Zcash ETP until further notice. The product was originally scheduled to begin trading on Wednesday on Euronext Paris, but the suspension is due to settlement operational requirements not yet being met.Euronext stated that trading will only resume once the Central Securities Depository (CSD) is able to fully support standard settlement operations. This suspension delays the listing of Europe's fourth Zcash-based ETP. (Cointelegraph)
Odaily Report: Bitget, in collaboration with Reality and Keyring, has published a research report exploring the synergies between tokenized stocks, perpetual contracts, and decentralized lending, while assessing the potential returns and risks of related strategies through simulated calculations. The report notes that the application of tokenized stocks is expanding from traditional stock trading to collateralized lending, asset management, and systematic investment strategies.The research is based on Reality's rToken, combined with stock perpetual contract hedging and onchain lending mechanisms, to explore stock basis yield strategies. Historical simulation data shows that from December 15, 2025, to October 19, 2026, the strategy index achieved annualized net returns of approximately 7% and 4% in-sample and out-of-sample, respectively, with a gross funding rate premium of approximately 11%–14%. The report also notes that financing costs, trade execution fees, market liquidity, and risk management are key factors affecting the strategy's actual returns.It is understood that Bitget and Keyring plan to jointly develop a stock basis index and build an onchain lending market based on Reality's rToken. Reality will provide exposure to tokenized stock assets, while Keyring will be responsible for developing the index methodology and building the related lending market. The index aims to capture funding rate and basis yield opportunities by combining rToken holdings with hedged positions in corresponding stock perpetual contracts, providing a new strategic pathway for the application of tokenized stocks in onchain financial scenarios.
According to reports by Sifted, London-based UK AI startup 22one has reached a valuation of approximately $400 million, with backing from venture capital firms such as Sequoia Capital and General Catalyst. Founded by a former senior police officer, the company primarily develops AI tools for police departments. The report notes that the UK government is driving police modernization, providing a policy backdrop for the application of such technologies.
According to TechCrunch, NVIDIA participated in the $14 million Series B financing round for Indian startup Simplismart, which was led by Dallas Venture Capital with participation from Accel, Shastra VC, and Micromax. The transaction values the four-year-old company at approximately $100 million, including the new investment. Simplismart states that its software sits between AI models and compute infrastructure, automatically adjusting model deployment and management to optimize response time, request throughput, and compute utilization, enabling customers to better leverage their existing GPU resources. The company noted that its software helped AI video generation platform InVideo reduce GPU service costs by 56%. Simplismart CEO Amritanshu Jain told TechCrunch that the company’s annualized revenue run rate grew 14 times over the past six months to reach an eight-figure amount. This figure is based on recent customer usage rather than contractual recurring revenue, and excludes revenue passed through to infrastructure providers. Although the company serves more customers in India, the United States accounts for more than half of its total revenue.
Odaily reports: OpenFour, the open token issuance ecosystem under Four.Meme, has announced a partnership with GoPlus to launch a $500,000 incentive program, calling on developers to submit innovative token launch mechanisms. Developers can build custom mechanisms based on Four.Meme's issuance infrastructure on BNB Chain, and once approved and launched, these mechanisms will be available for projects within the OpenFour ecosystem to adopt.Selected mechanisms will receive free security audits, a $2,000 launch reward, up to 50% fee sharing, as well as official promotion and integration support.This call for proposals prioritizes Royalty / revenue vaults, custom Bonding Curves and trading logic, novel migration paths and incentive models, as well as innovative combinations of existing modules, but is not limited to these areas. Proposal applications are now open.
In his article "The Trifecta," Arthur Hayes proposes establishing a compute trading market for AI agents through Flop Network, using the FLOP token as a payment medium, and developing forwards, futures, and perpetual contracts based on spot compute prices. Hayes states that the market currently lacks a unified global benchmark for compute pricing, and existing rental price indices for GPUs, CPUs, and TPUs, along with AI model token pricing data, have limitations. Flop Network plans to calculate compute prices based on the latency, computational workload, and transaction fees of inference tasks, and will form a reference benchmark through an open market.
decentralized cloud computing network Akash Network has published an article announcing the selection of Solana as its blockchain migration target. Akash provides decentralized GPU and AI computing power rental services and previously operated an independent blockchain based on Cosmos SDK. In October 2025, Akash announced plans to deprecate its existing independent chain and transition to a shared security architecture, with both the Solana and Ethereum ecosystems under consideration at the time.
Canada's Department of Finance has launched a 60-day public consultation on its stablecoin regulatory draft, with a deadline of December 23. The draft continues to prohibit issuers from paying interest to holders directly or through third parties, but allows rewards tied to transaction activity; non-bank issuers must back circulating fiat-pegged stablecoins 1:1 with equivalent reserve assets and hold reserves with eligible Canadian financial institutions. User redemptions should be completed within 3 business days, with fees not exceeding 1%; the related framework is expected to take effect around the end of 2027.
According to official announcements, Bitget CFD has added a Standard+ trading mode, further expanding users' diversified trading options. Under this mode, trades incur no fixed commissions, are subject only to standard overnight fees, and utilize a unified spread model. All trading instruments carry a .p suffix (e.g., XAUUSD.p), covering the full range of available assets, while underlying configurations such as tiered leverage and contract sizes remain consistent with ECN mode. Users can switch to this mode for trading provided their accounts hold no open positions or pending orders. Web users can navigate to "Account Preferences" – "Account Mode" to open the switching pop-up window. App users must upgrade Bitget App to version 2.95.0 or later and tap "Account Mode" on the trading page to switch. Currently, Bitget CFD supports four account modes: Standard+, ECN, Zero Commission, and Pro, allowing users to flexibly choose based on their trading frequency and strategic requirements.
According to an announcement published on the official Soneium blog, Soneium has announced that it will build an on-chain entertainment economy centered on "tokenized intellectual property (Tokenized IP)" and plans to issue an ecosystem-native token, $SONEIUM, to connect creators, IP holders, developers, fans, and investors. Currently, the Soneium ecosystem already hosts more than 250 applications covering music, gaming, anime, film, collectibles, and other fields. Tokenized IP includes three forms: IP Token, IP Vault, and Tokenized IP Bond. Among them, Moriusa is the first IP Token to go live, with its IP originating from Tokyo entertainment group Super State Holdings. Soneium has also partnered with South Korean K-pop company DayOneDream to bring royalties from concerts by artists such as BTOB and LEE CHAE YEON onto the blockchain in the form of Tokenized IP Bonds. On the technical side, Soneium has built a three-tier architecture consisting of IP Registry, IP Graph, and IP Execution Layer, which are responsible for IP registration and rights confirmation, relationship mapping, and royalty and licensing revenue distribution based on smart contracts, respectively, while supporting the ERC-8432 standard. Additionally, Son