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According to official news, Futu Securities has opened BNB deposit and withdrawal services for qualified professional investors in Hong Kong, further expanding the virtual asset service chain.Qualified professional investors can now deposit funds via the BNB Smart Chain (BEP20) network between self-custody wallets and Futu crypto accounts, or withdraw to verified whitelist addresses, achieving compliant interconnection between on-chain assets and the securities trading ecosystem.

Goldman Sachs Group data shows that, affected by the stock market sell-off, global hedge funds have experienced the broadest decline since the COVID-19 pandemic. All three major stock strategies fell more than 1% on the same day.As of Thursday's close, global fundamental long-short strategy funds fell by 1.4%, while funds focused on telecommunications, media, and technology sectors averaged a decline of 2.7%. Global systematic long-short strategy funds fell by 1.3%, and multi-strategy platforms fell by 1.9%.

According to official data from Bitget, the eighth batch of rewards for the platform's "Peer Program" has been fully distributed, with a total of 7,657,537 USDT awarded to 5,946,778 participants.In addition, after users enter the event page to claim their rewards, they will also receive an additional chance to participate in the 8th Anniversary Surprise Blind Box lottery. The event will last until October 26.

According to South Korean media Digital Asset, the Second Division of the Seoul Administrative Court held its first hearing on October 22 regarding the administrative lawsuit between Bithumb and the Financial Intelligence Unit of Korea (FIU). The FIU determined that between August 28, 2022, and April 3, 2025, Bithumb conducted 45,772 transactions with 18 unreported cryptocurrency operators, and based on this, imposed sanctions, including a partial suspension that restricts new customers from transferring cryptocurrency assets externally for six months.Bithumb stated in court that transactions of 1 million won or more are subject to the "travel rule," and unreported operators have been excluded from the list of optional exchanges, thus the number of violations for this amount range is zero. Transactions below 1 million won were not subject to the travel rule at that time, and the platform had no legal basis to require customers to provide information about the receiving exchange, nor did the regulatory authorities specify a blocking method. Bithumb also mentioned that after integrating the Chainalysis API, only about 2% of the addresses that could not be confirmed were later identified as unreported operators designated by the FIU. If all were blocked, the remaining 98% of normal transactions would be affected, and the platform could also face user claims.Bithumb also believes that the six-month sanction is excessive, effectively equivalent to prohibiting the platform from acquiring new customers. The company also questioned the FIU's criteria for identifying overseas operators and the reasonableness of the basis for the sanctions.

According to the Financial Times, as the artificial intelligence hype cools down, the California Public Employees' Retirement System (CalPERS) has decided to withdraw from large tech stocks.

According to Lookonchain monitoring, 40 newly created wallets have withdrawn 9,458 BTC from Wintermute since October 1, worth $772 million.

According to local media Digital Asset in South Korea, the South Korean government and central bank are promoting amendments to the country's foreign exchange market law to regulate stablecoins as a payment tool.South Korea is currently formulating the "Basic Law on Digital Assets," which will establish an exchange licensing system and formulate rules for the issuance of stablecoins.

QuickSwap announced that its deployment interface on the Soneium network will cease operations on December 31, 2026, and advised liquidity providers and other users to withdraw assets and liquidity positions through the interface before this date.QuickSwap stated that after the interface stops service, users can still retrieve their assets through the official Soneium block explorer. The project team also released a list of usernames holding Soneium liquidity positions for relevant users to check.

Recently, Sun Yuchen discussed his lawsuit against the Trump family's cryptocurrency project WLFI in a conversation with Jin Ming. He clearly stated that he remains firmly supportive of President Trump's cryptocurrency policy and AI strategy, believing it to be very successful.The reason for suing World Liberty Financial is entirely a normal action for commercial investors to protect their rights. The cause stems from the project's lack of investment transparency and insufficient information disclosure, even involving allegations of fraud. The case has been formally submitted to the federal court in California and is to be decided by a federal judge, which fully complies with the operation of the rule of law in the United States.Sun Yuchen further clarified that this lawsuit will not affect his judgment of the macro trends in the United States. He continues to hold a significant position in U.S. technology stocks and is optimistic about TRX being approved for a spot ETF in the U.S., the on-chain business of U.S. stocks, as well as expectations for a stronger dollar and the continued strength of the AI industry.Sun Yuchen believes that public opinion has exaggerated and complicated this lawsuit; in fact, it is simply a "business-to-business" lawsuit. Even if the agreement's subject matter involves 400 to 500 million dollars, it does not significantly impact his overall asset portfolio.Sun Yuchen also stated that he invests with the patience of an old hunter. Once he is thoroughly optimistic and makes a significant decision, he will invest at least 4 to 5 billion dollars or more in a single transaction.

S&P Global Ratings released a report on Thursday, granting the UK digital bank Revolut a BBB+ investment grade rating for the first time, and expects the company to issue senior unsecured bonds in 2027 to establish a debt buffer capable of absorbing potential losses and meeting regulatory requirements.The report noted that Revolut's balance sheet has exceeded £40 billion (approximately $53.5 billion); if the bank were to collapse, the Bank of England could push for a restructuring, with investors bearing the corresponding losses. S&P expects that as Revolut expands its unsecured retail lending business and launches mortgage products, its loan portfolio size will double by 2027 and double again by 2028.S&P believes that Revolut has a strong consumer brand, a scalable technology platform, and an increasingly diversified product range, but its main banking customer relationships still account for a lower proportion compared to traditional banks, and rapid global expansion may exacerbate operational complexity and compliance risks. BBB+ is considered a lower tier within S&P's investment grade ratings.

According to Bloomberg's report on October 22, Huawei Technologies Co., Ltd. has secured a loan of 15 billion yuan (approximately 2.25 billion USD), amid a significant increase in chip spending for artificial intelligence-related projects. A knowledgeable source stated that this seven-year offshore yuan loan was provided by six Chinese lending institutions, including Bank of China, China Construction Bank, and Industrial and Commercial Bank of China, and the funds will be used for general corporate purposes. The source requested anonymity as the discussion pertains to non-public matters.According to Moneycontrol, which reprinted the content attributed to Bloomberg, this transaction illustrates the role of domestic lending institutions in Huawei's offshore financing since the United States imposed restrictions on Huawei in 2019. Before finalizing, Huawei had exploratory contacts with international banks. Huawei, Bank of China, China Construction Bank, and Industrial and Commercial Bank of China did not immediately respond to requests for comment.The report states that Huawei's research and development expenditure increased to 121 billion yuan in the first half of this year, while stockpiling due to soaring memory costs led to a negative cash flow of 39.9 billion yuan, eroding current profits. According to compiled data from Bloomberg, this is Huawei's first offshore syndicated loan since raising 11.8 billion Hong Kong dollars (approximately 1.5 billion USD) in 2020.

HUMAIN Both parties plan to collaborate on the deployment of up to 84 megawatts of AI computing infrastructure, approximately equivalent to 27,000 NVIDIA GPUs. The deployment of NVIDIA Blackwell Ultra chips is set to begin in the fourth quarter of 2026, with plans to deploy NVIDIA Vera Rubin series chips in 2027.

Coldcard hardware wallet manufacturer Coinkite and its co-founders Rodolfo Novak and Peter D. Gray are facing a class-action lawsuit in Ontario, Canada. The lawsuit alleges that the standard firmware used by the Coldcard hardware wallet since around March 2021 has fundamental flaws, as it does not utilize a true random number generator but instead relies on a predictable software pseudo-random number generator, which could lead to the mnemonic phrases being reproduced and the Bitcoin held by users being at risk of unauthorized access.The lawsuit seeks class certification and claims that Coinkite violated the Consumer Protection Act and the Sale of Goods Act, while also involving allegations of negligence, breach of contract, and seeks damages.

According to monitoring by Lookonchain, three addresses have cumulatively withdrawn 24,454 ETH from Kraken and Binance, worth 60.68 million USD.Among them, a certain whale withdrew 10,954 ETH from Kraken and staked it after being inactive for 4 months; a certain whale withdrew 9,000 ETH from Binance and deposited it into Aave; a certain whale withdrew 4,500 ETH from Binance 10 hours ago.

According to the market intelligence platform Liquid247.xyz, Coinbase's spot BTC has about 64.62 buy orders at the price level of $82,975, with a nominal value of approximately $5.362 million, retracting about 0.38% from the mid-price of about $83,289 at that time. The total buy orders near the front end amount to approximately $26.9975 million, while the sell orders are about $21.0445 million.The net buy orders at this venue are approximately $5.953 million, accounting for 12.39% of the total depth. The buy orders around $82,975 are the most prominent support level at the front end.

California Attorney General Rob Bonta announced that his office has reached a $500,000 settlement agreement with Fidelity Digital Assets, National Association (the successor entity of Fidelity Digital Asset Services), regarding the company's previous practice of restricting California retail customers from transferring cryptocurrency to external wallets.Regulators believe that this practice may violate the California Commodity Act of 1990; this law restricts certain speculative commodity contracts unless the buyer obtains physical delivery within a specified time, and the California government views the ability to withdraw cryptocurrency as a functional equivalent of delivery. From November 2022 to April 2025, California customers could buy and sell cryptocurrency on the Fidelity platform but were unable to send assets directly to external wallets. Fidelity stated that this restriction stemmed from the New York State Department of Financial Services (NYDFS) not approving the relevant functionality at that time; the license was approved in April 2025, and the transfer feature will be extended to all California retail customers in June 2025.

According to Catcher Predict monitoring, in the market prediction event on Polymarket for "Dota 2: Dawn Bulls vs. Zero Tenacity (BO3) - EPL Masters Group B", the sub-market "Day End" option "Yes" has experienced a drastic fluctuation in win rate, soaring from 50% an hour ago to the current 91% (a fluctuation of 41%). Please note the impact of related breaking news.

On-chain data analysis account Lookonchain posted on X that on October 21, Bitcoin ETF had a net outflow of 403 BTC in a single day, approximately 33.88 million dollars; over the past 7 days, there was a net inflow of 2,528 BTC, approximately 212 million dollars.During the same period, Ethereum ETF had a net outflow of 12,700 ETH in a single day, approximately 31.42 million dollars; over the past 7 days, there was a net outflow of 155,100 ETH, approximately 384 million dollars.

The lending protocol Lido Lend proposed by contributors will launch a withdrawal mechanism called Fallback Exits. When the market lacks sufficient liquidity of loan assets, lenders can utilize the collateral of borrowers to supplement withdrawal requests, and the corresponding debt of the relevant borrowers will be reduced. The protocol was launched on October 7 as a modified fork of Morpho Blue, built around isolated markets.According to the proposal, the collateral of borrowers will be passively utilized in order of the highest position risk, meaning positions closest to the liquidation loan-to-value ratio (LLTV) will be prioritized, while borrowers with very healthy positions are less likely to be affected. Taking the ETH/wstETH market as an example, lenders provide ETH, and borrowers stake wstETH to borrow ETH; if exiting through collateral, lenders will first be exposed to the staked tokens before receiving ETH. The proposal does not specify the qualification thresholds for healthy loans or the path for lenders to obtain ETH.Contributor Izzy stated in a post on October 16 that technical specifications and market parameters will be announced in the next two weeks, and the governance process and public audit must be completed before the mainnet launch. Details such as settlement valuation, debt offset formulas, fees, and limits have yet to be determined.

According to The Block, Bitcoin's 28-day volatility has dropped to 1.2%, close to the lowest level since 2026, reflecting that current market trading activity remains sluggish.K33 analysts expect that as the Federal Reserve's interest rate decision next week and the U.S. midterm elections on November 3 approach, Bitcoin market volatility may rise.