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The super political action committee Digital Freedom Fund, initiated by Gemini co-founders Cameron Winklevoss and Tyler Winklevoss in 2025, submitted documents to the Federal Election Commission on Tuesday, reporting for the first time advertising expenses exceeding $81,000 to support Republican candidate Ken Paxton's campaign for the Texas Senate seat, while opposing Democratic candidate James Talarico. Early voting in Texas began on October 19, with Election Day on November 3.As of September 30, the PAC has raised approximately $34 million, and its expenditures are not limited to Texas. Documents show its involvement in the Ohio Senate race between Republican candidate Jon Husted and Democratic candidate Sherrod Brown, bringing its total support for Husted to about $7 million. Another crypto industry PAC, Fairshake, also reported over $13 million in direct mail advertising expenditures this week, with approximately $9 million supporting Husted and over $4 million opposing independent candidate Dan Osborn in the Nebraska Senate election.These expenditures indicate potential support for candidates who favor crypto policies and legislation. Prediction contracts from Kalshi and Polymarket suggest that Democrats are favored to regain majority control of the House and Senate by 2027, and the majority party in both chambers will influence the legislative process for bills like the Digital Asset Market Structure Act, which failed to pass procedural voting in the Senate last month. Paxton previously defeated incumbent Senator John Cornyn in the May Republican primary, receiving over $500,000 in advertising support from the Fellowship PAC, backed by Anchorage Digital and Cantor Fitzgerald, with the funds executed through the Nxum Group co-founded by Bo Hines.

The United States Central Command stated that today marks the 100th day of the U.S. military's restoration of the "Iron Wall" maritime blockade against Iran. This action has prevented Iran from exporting at least $25 billion worth of crude oil and has limited the ability of the Iranian Islamic Revolutionary Guard Corps to fund proxy militias, criminal networks, and terrorism. Apart from the humanitarian aid permitted by U.S. forces, Iran has not conducted any exports or imports by sea.

The meme coin issuance platform Pump.fun announced the addition of take-profit and stop-loss order features for trading on EVM chains, a feature that was previously launched on Solana in September.This expansion covers networks such as Robinhood, BSC, Base, HyperEVM, Arc, and Ink.

NVIDIA announced the launch of the Minerva platform, achieving end-to-end observability for AI factories.

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 a post by Ki Young Ju, founder and CEO of CryptoQuant, on the X platform, the continuous recovery of Bitcoin's hash rate is an "indirect bullish signal" from institutional investors. He pointed out that a higher hash rate means stronger security and better value storage fundamentals, and most publicly listed mining companies are supported by traditional financial institutions (TradFi). Therefore, the rise in hash rate can be seen as institutional recognition of Bitcoin's security and long-term value. Hash rate is an indicator of the computational power of a blockchain network, representing the number of hash calculations that can be completed per second.CryptoQuant data shows that Bitcoin's hash rate has rebounded by about 45% from its summer low, rising from approximately 726 EH/s in July to about 1,050 EH/s on Wednesday. However, the global hash rate is still below the peak of 1,305 EH/s set in October 2025, when Bitcoin's price was above $111,000. On Thursday, when the U.S. stock market opened, Bitcoin's price was approximately $81,843.Publicly listed mining companies are still expanding their production capacity. Nasdaq-listed NIP Group (NIPG) announced a third batch of asset purchase agreements, which will acquire approximately 4.47 EH/s of deployed Bitcoin mining machines. After the transaction is completed, the total hash rate from the three batches is expected to reach 13.85 EH/s. The company currently ranks 16th among publicly listed mining companies with an operational hash rate of 3.11 EH/s, while Bitdeer leads with 79.9 EH/s. On Wednesday, NIPG's stock price fell 6.8% to $6.1, down 86% over the past year; affected by higher-than-expected inflation data, U.S. stocks experienced the most severe sell-off since July, with TeraWulf, Core Scientific, Cipher Mining, and IREN all seeing stock prices drop by about 12%.

The BNB Chain development team announced that the BNB Smart Chain testnet will undergo the Jenner hard fork upgrade on October 28. Validators, node operators, block builders, and application developers need to start preparing for the upgrade.The Jenner upgrade includes the Payment Lane feature, which defaults to reserving 5% of block Gas for eligible payments.

For the week ending October 10, the number of people continuing to claim unemployment benefits in the United States was 1.728 million, higher than the expected 1.72 million, and the previous value was 1.71 million.

For the week ending October 17, the number of initial unemployment claims in the United States was 194,000, lower than the expected 200,000, and the previous value was 199,000.

According to Axios, Visa is in talks to acquire the cryptocurrency asset custody infrastructure company Fireblocks, with a deal valuation of approximately $2.5 billion. If the deal is finalized, it will further expand Visa's presence in the digital asset custody and blockchain payment infrastructure sectors.Currently, this news is pending further confirmation, and the specific terms and progress of the acquisition negotiations have not been disclosed.

CoinDCX released further clarification regarding the on-chain activities of the TQKJQ wallet, stating that after the security incident in July 2025, the affected wallet addresses have been deactivated, but some users are still depositing funds to the old addresses. The platform's original periodic fund collection process was ineffective for a period of time, and the related issues were discovered this morning, resulting in some operational losses, which will be borne by CoinDCX.CoinDCX stated that despite some users depositing funds to the deactivated addresses, the relevant user accounts have still received the corresponding credits. The platform claims that customer assets continue to be stored in independent cold wallets, and the currently active wallets and user addresses have not been affected, with the platform's trading operations running normally. CoinDCX also reminds users to verify the latest deposit addresses only through the official app or website to avoid transferring funds to deactivated addresses.Previously, on-chain detective ZachXBT had questioned why the deposit address TQKJQ was still in use for about 10 months after the security incident, with approximately $15.8 million of user deposits unaccounted for.

According to The Block, the crypto data analytics platform Dune has announced the launch of a real-time market data stream, with spot trading data available approximately 1 second after a transaction, covering over 200 on-chain trading platforms across 12 blockchain networks, including Solana, Ethereum, Base, BNB Chain, and X Layer; the perpetual contract data stream will track trades on Hyperliquid and Lighter.Fredrik Haga, co-founder and CEO of Dune, stated that on-chain transactions currently account for about 25% of the total volume of cryptocurrency spot trading, and as the trading of tokenized assets develops, the market demand for on-chain data continues to grow.Dune claims that the new data service will help hedge funds, asset management companies, market makers, and brokers track on-chain price discovery within existing market data systems. The company also noted that the joint venture OKXICE between OKX and Intercontinental Exchange (ICE) has submitted an application to list 63 tokenized stocks on X Layer.

According to Bloomberg, the Central Bank of Ireland has fined Coinbase's Irish subsidiary €3.25 million (approximately $3.6 million) due to deficiencies in its outsourcing governance framework and inadequate customer fund protection measures.Regulators pointed out that the company relied too heavily on the U.S. Coinbase Group to execute customer fund protection processes, and design flaws in the system along with insufficient control testing led to a long-term shortfall in the designated customer fund protection accounts.A Coinbase spokesperson stated that the relevant issues mainly occurred during the U.S. banking crisis in 2023, when the company directed customers to deposit funds into other bank accounts of Coinbase to mitigate potential losses from bank failures. However, this practice resulted in the mixing of customer funds with those held by other entities of Coinbase, which did not comply with regulatory requirements.Last year, the Central Bank of Ireland also fined Coinbase Europe €21.5 million for violating anti-money laundering and counter-terrorism financing transaction monitoring obligations (which included a 30% settlement discount).

According to Bloomberg, Amazon's threat intelligence team discovered that hackers attempted to exploit related vulnerabilities days before the public disclosure of two security vulnerabilities in PHP. After the vulnerabilities were disclosed on Wednesday, hacker activities further expanded. Amazon stated that the related vulnerabilities are being widely exploited but did not disclose specific victim information.Cybersecurity company Palo Alto Networks found that there are over 22.6 million exposed instances worldwide with related vulnerabilities. Wiz researchers estimate that the vulnerabilities could affect about 70% of the internet and have existed for over a decade, while Matt Hull, Vice President of Cyber Intelligence and Response at NCC Group, warned that some vulnerable systems may have already been compromised or even implanted with backdoors.

Meta Platforms (META.O) future spending commitments soar to $825 billion.

According to TheEnergyMag, AI cloud service provider Nebius Group N.V. has secured a $3.5 billion Senior Secured Financing Facility from Citibank, which will be used to support its global AI cloud computing expansion.

According to The Information, a16z will remove "Crypto" from the name of its flagship blockchain fund, renaming it to "a16z Frontier," and will shift its focus to other investment areas; the fund's first founding member will also be leaving.

Morgan Stanley raised the target price for Tesla Inc. from $400 to $410.

The Reserve Bank of Australia (RBA) stated in the frequently asked questions document regarding retail payment regulation conclusions that the removal of surcharges for the designated card networks eftpos, Mastercard, and Visa starting from October 1, 2026, is in the public interest. The RBA will lift the ban on the "no surcharge" rule for the aforementioned networks from that date, with the changes based on Standard No. 3 of 2016 and the revisions to the merchant card payment costs and surcharge standards in 2026. eftpos, Mastercard, and Visa have all decided to implement the no surcharge rule from that date, generally applicable to their credit, debit, and prepaid cards, including cards issued overseas.American Express, UnionPay, and PayPal have also decided to eliminate surcharges, but are currently not formally regulated by the RBA. American Express and UnionPay will withdraw from their existing commitments with the RBA on October 1, 2026, while PayPal's no surcharge rule will take effect on October 5, 2026. This scope is limited to fees charged due to customer card payments and does not include surcharges for weekends, public holidays, booking fees, or service fees. Merchants must comply with the new card organization rules unless exceptions apply; businesses, non-profit organizations, and inter-business card payments do not receive a general exemption.The reforms will be implemented in phases. Starting from October 1, 2026, a lower interchange fee cap will apply to domestic card transactions; from October 30, designated card networks and large acquirers must publish the specified card payment fee information on their websites. From January 30, 2027, large acquirers must disclose how the decrease in interchange fees is passed on to merchant service fees; starting April 1, the interchange fee cap will apply to transactions involving overseas-issued cards acquired in Australia, and acquirers must also provide merchants with more detailed statements. The RBA stated that businesses can still factor the costs of accepting card payments into their overall pricing and may offer discounts for specific payment methods.