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According to CoinDesk citing The Paper, Chinese prosecutors are seeking to confiscate over 61,800 bitcoins and other assets related to a fraud case involving more than 40 billion yuan. The case revolves around Qian Zhimin, the actual controller of Tianjin Lantian Ge Rui Electronic Technology. Prosecutors stated that from 2014 to 2017, the company sold unlicensed financial products in China, raising over 40.378 billion yuan from more than 102,000 investors, resulting in nearly 20 billion yuan in losses for investors.The related funds were reportedly used to repay early investors, operate fraudulent investment projects, and purchase bitcoins, real estate, cars, and jewelry, rather than being invested in legitimate businesses. Qian Zhimin fled China in 2017 and settled in the UK. UK authorities have seized his assets, including over 61,800 bitcoins, as well as Bitcoin Cash, Bitcoin Gold, Bitcoin SV, Ripple, Dogecoin, cash, jewelry, and investment holdings.On October 13, the Tianjin Second Intermediate People's Court stated that it has accepted the prosecutors' application to confiscate the aforementioned assets as illegal gains and has initiated a six-month announcement period for victims and stakeholders to participate in the litigation; those who do not participate can still apply for compensation regarding the recovery of assets. Previously, the UK High Court ruled that for the over 61,000 bitcoins seized in the UK, victims claimed that Chinese law should apply rather than UK law. This ruling requires determining whether victims have property rights under Chinese law, and a hearing will be held subsequently, with some victim lawyers seeking to appeal.

According to CoinGecko data, the trading volume on Upbit in the past 24 hours was approximately $1.252 billion, an increase of about 23.4% compared to the previous 24 hours.The top five trading pairs by volume are: AXIS/KRW (Axis Robotics, accounting for 9.8% of the trading volume, with a transaction amount of approximately $123 million); IRYS/KRW (Irys, accounting for 8.98% of the trading volume, with a transaction amount of approximately $112 million); DOOD/KRW (Doodles, accounting for 8.66% of the trading volume, with a transaction amount of approximately $108 million); XRP/KRW (accounting for 7.47% of the trading volume, with a transaction amount of approximately $93.58 million); BTC/KRW (accounting for 6% of the trading volume, with a transaction amount of approximately $75.21 million).

The London-listed technology company The Smarter Web Company announced that since October 14, it has sold a total of 1,076,000 ordinary shares and 25 preferred shares through its ordinary share ATM facility and preferred share ATM facility, raising a total of approximately £592,679.Among them, the average selling price of ordinary shares was £0.55 per share, with net proceeds of approximately £579,850; the average selling price of preferred shares was £100 per share, with net proceeds of approximately £2,475.

According to Lookonchain monitoring, in the past 24 hours, a certain whale has accumulated purchases of various tokens worth approximately 7.22 million USD, including: 378,129 LIT (approximately 1.4 million USD), 6.61 million ENA (approximately 1.34 million USD), 3 million ONDO (approximately 1.34 million USD), 1.154 million AERO (approximately 948,000 USD), 241.8 ETH (approximately 591,000 USD), 2,944 QNT (approximately 589,000 USD), 61,252 UNI (approximately 443,000 USD), 1,387 TAO (approximately 368,000 USD), and 4.33 billion PEPE (approximately 195,000 USD).

Salus Chief Marketing Officer Darcy posted that on October 21 at 23:35:54, they monitored CoinDCX's hot wallet and multiple deposit addresses transferring approximately 15.99 million USDT and 5783.81 TRX to a certain TRON address. The largest single transaction was 15.819002 million USDT.The address subsequently split the funds and transferred them out multiple times, flowing to deposit addresses on exchanges such as Binance, OKX, and Gate.

According to information from GitHub, a core protocol draft named "Decoupled Consensus" has appeared in the Ethereum EIP repository. It proposes to separate the beacon chain's head voting from the finality proof voting to enhance fork choice security, shorten finality time, and lay the groundwork for a subsequent transition to post-quantum cryptography (PQ).The proposal is co-authored by Francesco D'Amato, Roberto Saltini, Yann Vonlanthen, Mikhail Kalinin, and Ben Edgington, and is currently still in the early draft stage, with multiple details yet to be determined. The submitters primarily hope to obtain an EIP number at this stage. The proposal is pending further review and has not yet been merged.

According to the market intelligence platform Liquid247.xyz, Binance's perpetual ETH has approximately 3,074.08 sell orders at the price level of $2,450.00, with a nominal value of about $7.5315 million, which is an increase of about 0.21% from the mid-price of approximately $2,444.98 at that time.The total buy orders at the near-end market amount to approximately $61.5656 million, while the sell orders are about $78.2422 million, resulting in a net sell order surplus of approximately $16.6766 million, accounting for 11.93% of the total depth.

According to token unlock data from the crypto asset data platform RootData, Hyperliquid (HYPE) will unlock approximately 9.92 million tokens at 7:00 AM Beijing time on October 29, with a value of about 785 million USD.

According to Bloomberg, DeepSeek raised approximately 100 billion yuan (about 15 billion USD) in its latest round of financing, making it one of the largest financings in China. Insiders said that the company, headquartered in Hangzhou, raised its financing target at least twice during negotiations with investors, first increasing it from 50 billion to 80 billion, and finally reaching the aforementioned amount.CATL and Tencent are among the largest investors in this round. This financing will be used to support DeepSeek's competition globally with American AI companies such as Anthropic and OpenAI.

The South Korean cryptocurrency exchange Upbit announced that it has recently discovered that criminals are impersonating the GIWA blockchain project, spreading false information about the mainnet launch and digital asset issuance, and inducing users to transfer assets.Upbit stated that GIWA is an Ethereum Layer 2 network being developed by its parent company Dunamu, which is currently only running a testnet, and the mainnet is still in the development and preparation stage, with no official launch time announced yet. Upbit reminds users to be cautious of unverified information regarding the mainnet launch, token issuance, and investment, and not to trust unofficial channels that request the purchase of digital assets, transfers, or wallet connections. Project progress should be based on information released by the official GIWA website and official social media.

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.

Sonic Labs officially stated that within the next 24 to 48 hours, approximately 13 million S tokens will be transferred according to a strategic over-the-counter trading agreement, with the counterparty being its long-term partner.Both parties will collaborate to expand the coverage and user engagement of the Sonic ecosystem within each other's networks. This advance disclosure aims to inform the community about the upcoming large on-chain transfer.

The GMX governance forum has released the GMLabs-003 proposal, which plans to use all remaining protocol revenue after the GT buyback on the Solana side to repurchase GMX. The purchased tokens will be added to the staking rewards pool, and the GT buyback mechanism will remain unchanged.The proposal also intends to introduce a 180-day unbonding waiting period for existing and new GMX and esGMX staking positions on Arbitrum and Avalanche, calculated from the submission of the unbonding request, with the previously staked time not counted. Pending requests can be canceled, and existing positions do not need to be migrated. The above adjustments are scheduled to be implemented on October 28, depending on the readiness for implementation.

On October 21, Stripe and Anthropic announced in San Francisco and Dublin that Anthropic has integrated Link's agent wallet and Stripe MCP into Claude Duet. Claude Duet is a new application launched in research preview form, aimed at small business owners and professionals for tracking to-do items and completing tasks delegated by users.Business owners can have Claude Duet use Link to purchase items online such as digital ads, business cards, team lunches, or whiteboard markers. Each purchase must be approved by the user before Claude completes the transaction using a virtual card. Through Stripe MCP, users can also send invoices and payment links, manage products and pricing, analyze revenue, and process refunds without leaving the application.Kevin Miller, Head of Payments at Stripe, stated that business owners want agents to handle tasks such as ordering supplies or invoicing clients, and Link's agent wallet along with Stripe MCP allows Claude Duet to take on more daily tasks while keeping control with the business owners. Rahul Patil, Chief Technology Officer of Anthropic, mentioned that when agents start handling actual work for people, trust in financial transactions becomes even more crucial. The purchases made by Claude Duet are built on Link, allowing users to maintain control over every dollar. Link has provided payment capabilities for over 200 individual agents, including Meta's Muse, SpaceXAI's Grok Bot, and Instinct.

Tesla announced its third-quarter performance for 2026. The quarterly revenue was $28.046 billion, essentially flat year-on-year; the net profit attributable to common shareholders was $787 million, a decrease of about 43% year-on-year. GAAP diluted earnings per share were $0.22, down from $0.39 in the same period last year. Operating profit decreased by about 56% year-on-year to $718 million, with an operating profit margin of 2.6%, down 3.2 percentage points year-on-year. The company stated that increased R&D and other operating expenses, reduced regulatory credit income, and declining gross margins in the energy business put pressure on operating profit, with operating expenses rising by about 39%.Overall GAAP gross margin rose to 19.6%, an increase of about 1.6 percentage points year-on-year, and also higher than the previous quarter. The automotive gross margin, excluding regulatory credits, was about 18.1%, improving compared to the previous quarter and the same period last year. The number of vehicle deliveries for the quarter was 486,500, a decrease of 2% year-on-year; production was 464,400 vehicles, an increase of 4% year-on-year. Revenue from the automotive business decreased by about 3% year-on-year, while revenue from energy generation and storage decreased by about 16%, and service and other revenue grew by about 33%.Operating cash flow for the third quarter was $6.263 billion, and free cash flow was $1.531 billion, down from $3.990 billion in the same period last year. The company stated that battery supply continues to limit the increase in vehicle production; mass production of the Semi has started in Nevada, and production of Optimus has begun in Fremont, while Cybercab has been put into operation in the Austin Robotaxi fleet. According to BIT market data, SPCX fell 3.32% in after-hours trading.

The Cardano ecosystem's decentralized trading and yield protocol Genius Yield is gradually ceasing operations. Co-founder Lars Brünjes stated on October 22 that to address the issue of users being unable to withdraw assets normally, an independent open-source tool called Genius Zero has been developed.Genius Zero allows users to bypass the original backend servers of Genius Yield and directly use Cardano smart contracts to unstake, cancel DEX orders, and withdraw assets. The original DEX trading fees still flow to the address controlled by Genius Yield, and adjusting the fee rates requires the signatures of at least three of the four original founders, which has not yet received sufficient authorization.

Tesla (TSLA.O) CEO Elon Musk stated that production will be increased to meet market demand.

Tesla's financial report shows that net profit in the third quarter fell from 1.4 billion dollars in the same period last year to 787 million dollars, a decrease of about 44%. Revenue was 28 billion dollars, roughly flat compared to the same period last year. Tesla's free cash flow in the third quarter was a positive 1.53 billion dollars, while market expectations were a negative 4.921 billion dollars.

Ukrainian President Zelensky stated that Russia has agreed to hold a new round of trilateral talks between the U.S., Ukraine, and Russia. The U.S. proposed to initiate the talks as soon as possible, which Ukraine supports, and the meeting may take place in early November or even earlier. Zelensky supports several peace initiatives but remains cautious about the prospects of the talks.

Tesla (TSLA.O) announced that the Semi electric semi-truck has started production in Nevada, and the Optimus humanoid robot has begun production in Fremont.