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24-Hour Hot Coins and News | BitMine May Have Increased Its Holdings by Nearly 380,000 ETH, Worth Approximately $1.5 Billion, Since the October 11th Crash; Ant Group and JD.com Suspend Stablecoin Issuance Plans in Hong Kong (October 20) | Bee Network

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24-Hour Hot Coins and News | BitMine May Have Increased Its Holdings by Nearly 380,000 ETH, Worth Approximately $1.5 Billion, Since the October 11th Crash; Ant Group and JD.com Suspend Stablecoin Issuance Plans in Hong Kong (October 20) | Bee Network Login Trending News Meme Launchpad AI Agents DeSci TopChainExplorer For Newbee 100x Coins Bee Game Essential Websites Must-Have APP Crypto Celebrities DePIN Rookies Essential Trap Detector Basic Tools Advanced Websites Exchanges NFT Tools Hi, Sign out Web3 Universe Games DApp Bee Hive Growing Platform AD Search English Recharge Coins Login Download Web3 Uni Games DApp Bee Hive AD home•Analysis•24-Hour Hot Coins and News | BitMine May Have Increased Its Holdings by Nearly 380,000 ETH, Worth Approximately $1.5 Billion, Since the October 11th Crash; Ant Group and JD.com Suspend Stablecoin Issuance Plans in Hong Kong (October 20) 24-Hour Hot Coins and News | BitMine May Have Increased Its Holdings by Nearly 380,000 ETH, Worth Approximately $1.5 Billion, Since the October 11th Crash; Ant Group and JD.com Suspend Stablecoin Issuance Plans in Hong Kong (October 20)Analysis4mos agoUpdateWyatt 18,853 18 1. Popular CEX currencies

Top 10 CEX trading volume and 24-hour price changes:

BTC: +1.16% ETH: +2.07% SOL: +0.17% BNB: +2.06% XRP: +1.64% DOGE: +3.20% SUI: +3.35% ADA: +2.75% LINK: +3.00% MORPHO: +5.27% 24-hour price increase list (data source: OKX):

MLN: +85.78% AUCTION：+44.71% DEP: +17.69% SNX: +11.78% FET: +8.89% ZEUS: +7.80% API3: +7.11% MERL: +6.93% KNC: +6.45% BERA: +6.17% 24-hour cryptocurrency stock price increase list (data source: msx.com ):

STKE (Symbol: STKE.M): +34.95% Bitfarms Ltd. (BITF.M): +6.59% BitFuFu (Symbol: FUFU.M): +5.83% Treasure Global Inc. (TGL.M): +4.3% Verb Technology Company, Inc. (VERB.M): +4.18% Lithium Americas Corp. (LAC.M): +3.53% BitOrigin (BTOG.M): +3.42% Cipher Mining Inc. (CIFR.M): +2.51% Rigetti Computing, Inc. (RGTI.M): +2.39% Ast Spacemobile, Inc. (ASTS.M): +2.31% 2. Top 5 popular memes on the chain (data source: GMGN ):

Kingcoin Scode Kirin KINGS XERIS Headlines Since the October 11 crash, BitMine may have increased its holdings by nearly 380,000 ETH, worth approximately $1.5 billion.

On-chain monitoring data indicates that Ethereum treasury company BitMine may have accumulated a total of 379,271 ETH, worth approximately $1.5 billion, through three purchases since the October 11th crash last weekend. BitMine Chairman Tom Lee, who has previously stated that “Ethereum will become the backbone of the digital economy,” stated in an interview with CNBC after the close of trading on Friday that crypto investors are still “licking their wounds” in response to record leverage shocks, but stated that this is not the peak of the cycle, but rather a short-term bottom and will strive to recover.

Ant Group and JD.com suspend plans to issue stablecoins in Hong Kong

Sources familiar with the matter revealed that Alibaba’s Ant Group and e-commerce giant JD.com have suspended plans to issue stablecoins in Hong Kong. Hong Kong approved the Hong Kong Stablecoin Bill in May of this year, which officially came into effect on August 1st. As of the end of September, the Hong Kong Monetary Authority had received applications for stablecoin licenses from 36 institutions.

Previously, Ant Group announced in June that it would participate in the Hong Kong stablecoin pilot project, and JD.com also said it would join the relevant pilot, but both have now put their progress on hold. (Lianhe Zaobao)

Industry News Vitalik published an article introducing the GKR protocol, which can realize fast proofs such as ZK-EVM and zk-ML

Ethereum founder Vitalik Buterin published a post this morning introducing the GKR protocol. GKR is the core protocol for implementing fast proofs like ZK-EVM and zk-ML. It is suitable for computations involving “multi-layer low-level processing + extensive repeated function applications” (e.g., hashing and neural networks). It eliminates the need for commitments to the middle layer, requiring only commitments to input and output, significantly improving efficiency. By reducing the amount of sumcheck computation per round (e.g., Gruen’s trick) and optimizing Poseidon2 batch processing,

Theoretically, the Poseidon hashing overhead is only 15x (compared to 100x for traditional STARKs), and in practice it can be less than 10x. The larger the amount of data, the closer the overhead is to zero.

X launches Handle Marketplace, an account ID trading platform

X Platform has launched the Handle Marketplace, a marketplace for reassigning unused handles. Eligible Premium subscribers will be able to search and submit requests, with both free and paid options available. This feature is coming soon, and you can join the waitlist now.

Grayscale Solana Research Report: Ecosystem Annual Revenue Could Expect $5 Billion; If the Network Grows as Expected, It May Drive SOL Upward

Grayscale, a crypto asset management company, released a research report on the Solana ecosystem, noting that Solana has become a “hosting network” for blockchain applications, with decentralized exchanges like Raydium and Pump.fun being built on Solana. Currently, the Solana ecosystem generates approximately $425 million in monthly fee revenue, implying an annual revenue of $5 billion. So far this year, the average transaction fee on the network has been just $0.02. Furthermore, the Solana ecosystem boasts over 1,000 full-time developers, which is lower than Ethereum but higher than other major blockchain ecosystems.

Regarding Solana’s native network token SOL, Grayscale believes that although the token supply is growing at a rate of approximately 4%-4.5% per year, SOL staking users can basically obtain a nominal return of 7%, which means that the actual return can basically be maintained at 2.5%-3%. If the Solana network grows over time, investors can expect the SOL price to rise accordingly.

Project News Source: Polymarket tokens will be issued in 2026 and implemented after the US market restarts

Sources revealed that Polymarket plans to issue crypto tokens after re-entering the U.S. market, but this may not be implemented until 2026. Meanwhile, with the confirmation of Polymarket’s token issuance plan, platform users have changed their airdrop strategies, adopting more complex methods to avoid being targeted by Sybils.

Unlike last year’s obvious wash trading behavior, users have now turned to operating with more than 100 wallets or optimizing their performance in terms of trading volume, profitability, liquidity provision, and number of trading markets to meet the expected airdrop conditions.

Backpack: Providing cash subsidies to users affected by the October 11th market crash and announcing a new roadmap

Backpack issued an announcement stating that it has completed the verification and processing of all cases during the market flash crash on October 11. During the entire incident, Backpack did not suffer any socialized losses or capital clawbacks. The risk engine remained stable under extreme pressure, and the system continued to operate normally during and after the incident.

To help affected users, Backpack has launched a cash compensation program, including:

Basis trade (spot-contract arbitrage) account:

Accounts with a leverage of less than 5 times will receive a 100% subsidy;

For accounts with a leverage higher than 5 times, partial subsidies will be provided based on the leverage ratio and market conditions.

Users whose BTC lending positions are passively reduced due to ADL: 100% subsidy.

Funds deposited before settlement: 100% released.

All liquidation fees: 50% refund.

Additionally, Backpack will be releasing a new roadmap outlining its plans and feature releases for the coming days, weeks, months, and year. Backpack is steadily moving towards the end of Season 4, with some long-awaited and significant updates still on the way.

STBL announced that the US$100 million USST minting program has been launched and over US$2 million of initial minting has been completed

STBL announced on the X platform that its fourth-quarter $100 million USST minting plan has officially launched, with over $2 million in initial minting completed as part of a phased rollout. The project is also enhancing its automatic peg mechanism and integrating with Franklin Templeton’s IBENJI to strengthen stability, liquidity, and profitability.

Four.meme’s Coreon pre-sale raises over $20 million

Platform data shows that as of October 19th, Coreon (COM), an AI+Intent project, has raised over $20 million on Four.meme, with over 40,000 participants. Coreon is reportedly built on the independently developed Multi-Chain Cognitive Protocol (MCP), a foundational AI intent layer protocol that enables on-chain operations via natural language.

Investment and Financing Tempo Completes $500 Million Series A Funding, Led by Thrive Capital

Tempo, a payment-focused blockchain project backed by fintech giant Stripe and blockchain venture capital firm Paradigm, announced the completion of a $500 million Series A financing round led by venture capital giant Greenoaks and Joshua Kushner’s Thrive Capital. This round of financing values Tempo at $5 billion, with participation from Sequoia Capital, Ribbit Capital and Ron Conway’s SV Angel.

AI+Web3 recruitment platform TradeTalent secures $8 million in funding, led by Allied Gaming & Entertainment and Hicop

TradeTalent, an AI-powered Web3 recruitment platform, announced the completion of an $8 million funding round led by Nasdaq-listed Allied Gaming & Entertainment (NASDAQ: AGAE) and technology engineering firm Hicop Engineering. The funds will be used to accelerate the development of AI-powered skills verification technology, expand its global network of businesses and talent, and enhance the platform’s Web3 trust infrastructure.

TradeTalent is committed to building a global trusted skills network connecting Web2 and Web3, providing on-chain AI interview and skills certification services, generating tamper-proof skill NFTs for job seekers, and solving problems such as resume falsification, high investigation costs, and privacy leaks in traditional recruitment.

The lead investor, Allied Gaming & Entertainment, is accelerating its Web3 strategic layout, focusing on the RWA tokenization field; the other lead investor, Hicop, focuses on energy and engineering technology solutions.

Regulatory trends The Chairman of the U.S. SEC: The United States has lagged behind in the field of encryption for ten years, and establishing a regulatory framework is a top priority.

Paul Atkins, chairman of the U.S. Securities and Exchange Commission (SEC), said at an event in Washington, D.C. that the United States “may have lagged behind by about ten years” in the field of encryption, and establishing a sound regulatory framework has become a top priority to attract innovators to return and promote industry development.

Atkins noted that the SEC’s goal is to “build a strong system where innovation can flourish” and ensure that the United States is once again the center of the crypto space.

Bloomberg: Bank of England plans to implement stablecoin regulations by the end of 2026

The Bank of England will launch a consultation on stablecoin regulation on November 10th, aiming to establish a comprehensive regulatory framework by the end of 2026. The new rules will closely align with US regulations, focusing on bonds backed by digital assets. This move aims to address financial stability risks posed by the proliferation of digital currencies. US regulations require that the backing assets be government debt with an issuance term of three months or less, or bonds with a remaining term of three months or less. Sources added that the Bank of England also plans to allow a wide range of assets backing stablecoins to earn interest to attract issuers.

Character Voice Jack Dorsey: Bitcoin is not a cryptocurrency, it’s a currency

Twitter co-founder and Block (formerly Square) CEO Jack Dorsey posted, “Bitcoin is not crypto, bitcoin is money.”

Ansem: From a technical perspective, the market has entered a stage of momentum exhaustion.

Crypto influencer Ansem wrote that a clear SFP (Swing Failure Pattern) can be observed on the weekly charts of XRP, SOL, and ETH, suggesting that the market trend is more like the end of momentum rather than a new bull market. He pointed out that this situation is similar to Litecoin’s performance in 2021, and the price of Bitcoin has now fallen below its 2024 high.

Ansem believes that the 10-month-long broad distribution phase may be nearing its end, and the market lacks new narrative drivers. MSTR fell below the 200-day moving average for the first time since peaking in November last year and turned into a resistance level, indicating a weak market structure. He added that unless BTC re-enters $112,000, it will be difficult to change the current bearish view.

This article is sourced from the internet: 24-Hour Hot Coins and News | BitMine May Have Increased Its Holdings by Nearly 380,000 ETH, Worth Approximately $1.5 Billion, Since the October 11th Crash; Ant Group and JD.com Suspend Stablecoin Issuance Plans in Hong Kong (October 20)Recommended Articles

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# Analysis# Airdrop# bitcoin# crypto# ethereum# Exchange# Market# marketplace# NFTs# Token# web3© Copyright NoticeThe copyright of the article belongs to the author, please do not reprint without permission. Pre The New York Times: Trump family's cryptocurrency scam is worse than Watergate Next Crypto Stock Weekly Report: Metaplanet Halts Bitcoin Purchases for Two Consecutive Weeks; BitMine’s Total ETH Holdings Increase to Over 3.236 Million (October 21st) Related articles 600x growth in 7 days! Will this dog be the harbinger of AI Season 2.0?Recommended Articles 6086cf14eb90bc67ca4fc62b 25,527 2 24-Hour Hot Coins and News | US government shutdown crisis looms, Trump to meet with four congressional leaders; 6086cf14eb90bc67ca4fc62b 22,041 5 Stable will be TGE tonight. Will the market still buy into the narrative of stablecoin public chains? 6086cf14eb90bc67ca4fc62b 20,223 Quick Look at Virtuals’ New Launch Mechanisms: Pegasus, Unicorn, and Titan 6086cf14eb90bc67ca4fc62b 13,364 1 Daedalus’ Labyrinth: Uncovering the “Token Economic Model” Hidden from Retail Investors 6086cf14eb90bc67ca4fc62b 39,734 1 Invisible Hand: A Brief Discussion on the Cryptographic Order under Metaphysics 6086cf14eb90bc67ca4fc62b 37,318 4 No comments You must be logged in to leave a comment! Login immediately No comments... Latest Articles Did Jane Street “Manipulate” BTC? Decoding the AP System, Understanding the Power Struggle Behind ETF Creation and Redemption Pricing 3hrs ago 189 Stop Comparing Bitcoin to Gold—It’s Now a High-Volatility Software Stock 3hrs ago 239 Matrixport Research: $25 Billion Gamma Unwinding Imminent, Liquidity Yet to Return Behind the Rebound 3hrs ago 217 ERC-5564: Ethereum’s Stealth Era Has Arrived, Receiving Addresses No Longer ‘Exposed’ 3hrs ago 235 Hong Kong Regulatory Green Light: Asseto Enables DL Holdings to Achieve Compliance for Two RWA Business Implementations 3hrs ago 227 Popular WebsitesTempoLighterGAIBGliderPlanckRaylsBCPokerVooi Bee.com The world's largest Web3 portal Partners CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors Download Bee Network APP and start the web3 journey White Paper Roles FAQ © 2021—2026. All Rights Reserved. Privacy Policy | Terms of Services Download Bee Network APP and start the web3 journey The world's largest Web3 portal Partners CoinCarp Binance CoinMarketCap CoinGecko Coinlive Armors White Paper Roles FAQ © 2021—2026. All Rights Reserved. Privacy Policy | Terms of Services Search SearchInSiteOnChainSocialNews Hot to you: Airdrop Hunters Data Analysis Crypto Celebrities Trap Detector English 繁體中文 简体中文 日本語 Tiếng Việt العربية 한국어 Bahasa Indonesia हिन्दी اردو Русский English

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