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According to DefiLlama data, Gate has seen a net inflow of approximately 184 million USD in the last 24 hours, ranking third among global centralized exchanges.

According to Caixin, Hong Kong-listed company Jingwei TianDi (02477.HK) announced on the evening of October 21 that its major shareholder, Hengfeng International, sold 716 million shares in the open market at an average price of HKD 0.1494 per share, cashing out approximately HKD 107 million.The announcement showed that Hengfeng International's shareholding ratio decreased from 24.94% to 10.01%. Hengfeng International is controlled by Qian Fenglei, who holds a 78.56% stake. Jingwei TianDi was included in the Hong Kong Stock Connect in March this year.A senior financial observer in Hong Kong told Caixin that this low-price reduction and cashing out raises suspicions of ulterior motives, and it cannot be ruled out that it is related to the recent monitoring of market manipulation by the Hong Kong Securities and Futures Commission.

Paranoid developer Ignotus Nemo proposed a recursive aggregation scheme for EIP-8288 on the Ethereum research forum, suggesting support for various approved proof sizes to allow smaller proofs for small-scale aggregation. He implemented heterogeneous recursion in the Paranoid system, which has been running both large and small state transition proofs on the public mainnet.The scheme uses a limited set of authenticated validator libraries, processing cross-class delayed validation through independent accumulator channels for each class to ensure the correctness of matrix claims in the recursive steps. When applying this mechanism to EIP-8288, discussions are needed on how to merge subclass libraries, handle dependencies, and address semantic compatibility issues between program identities and validator classes. EIP-8288 was proposed by Vitalik Buterin and Thomas Coratger in June 2026, primarily addressing the issues of large post-quantum signatures and STARK proof sizes, as well as high on-chain verification costs.

According to official news, BIT's subsidiary BIT Asset Management AG has been approved by FINMA and will list the first spot Bitcoin ETF (BBIT) in Europe on the Swiss Exchange in November. BBIT relies on Switzerland's high-net-worth wealth pool, providing a compliant channel for traditional bank accounts to directly allocate spot Bitcoin.In terms of business progress, BIT has launched services for US and Hong Kong stocks this year; in addition, its subsidiary Cactus Custody officially launched Swiss custody services last month, further building a safe and reliable bridge between traditional finance and crypto assets.

FORT Robotics, Inc., dedicated to developing a "Physical Artificial Intelligence Trust Layer" security platform, announced that existing investors have committed to an additional investment of approximately 20 million dollars. Among them, Tiger Global led a financing round of about 10 million dollars (Mark Cuban Companies also participated), and this round of financing is expected to be completed this week.In addition, Tiger Global has also committed to invest 10 million dollars in the previously announced common stock PIPE (Private Investment in Public Equity); this PIPE is expected to be completed concurrently with the proposed business combination of FORT and Newbury Street II Acquisition Corp (NASDAQ: NTWO). Including the previously announced PIPE commitments, as of today, the total committed capital related to the proposed business combination with FORT has exceeded 50 million dollars.

The NFT project Ptah launched last night with a total of 100,000 pieces available for minting, and all were sold out by this morning. As of the time of writing, the floor price for this NFT is reported at $23, with a cumulative transaction volume reaching $928,000.Public information shows that the uniqueness of this project lies in the requirement for users to mint using a Binance Agent ID / Agentic Wallet (.ai Agent ID). Regular wallets cannot mint directly, but operations such as trading, synthesizing, and claiming are open to all wallets. Each Agent ID can mint a maximum of 4 Relics (with payments calculated in total using USDT and BNB). The total supply of 100,000 Relics includes 95,000 for public minting and 5,000 reserved by the team (for tutorials, demonstrations, rewards, gifts, etc.). Additionally, users can choose to burn 10 Relics to synthesize a Loom (mining machine).According to market news, the related project is still in its early stages, with high uncertainty and significant price fluctuations; users should invest with caution.

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.

MiniMax announced the open-source release of the MiniMax M3.1 Flash model weights on October 23, with a total of 428 billion parameters and 23 billion active parameters. Compared to the previous generation M3 model, the M3.1 Flash has achieved a comprehensive improvement in model capabilities. According to official data, within 72 hours of the model going live, the number of tokens processed by real users exceeded one trillion.On the technical side, M3.1 Flash improves inference efficiency through optimizations such as full model sparse attention, quantization-aware training (QAT), and power-aware scheduling. In terms of ecosystem, MiniMax collaborates with chip manufacturers such as Huawei Ascend, T-head, Kunlun Core, Moore Threads, Biren, Haiguang, Muxi, Tiandao, NVIDIA, AMD, and cloud platforms like Together AI, Fireworks, Nebius, Baseten, Modal, DigitalOcean to promote access on the first day of open source. vLLM, SGLang, Zhiyuan FlagOS, as well as Hugging Face, Modao, and other communities simultaneously support the deployment of the model across different chips and development environments.

The official listing account of the cryptocurrency exchange Kraken announced that the token SFI of the peer-to-peer risk-adjusted protocol Saffron will be launched soon, with trading starting on October 23. According to the introduction, Saffron's smart contracts will restructure the underlying decentralized finance yields based on the risk preferences indicated by users.

The technology division of South Korea's LG Group, LG CNS, has reached a strategic partnership with Chainlink, aiming to promote the development of South Korea's $68 billion digital asset market. LG CNS will leverage Chainlink's cross-chain, data, and orchestration infrastructure to enhance its digital asset platform solutions.LG CNS will also rely on Chainlink's full suite of platform capabilities to develop digital asset solutions for various institutions in South Korea. LG Group is one of the largest business groups in South Korea, with 63 subsidiaries and total assets of approximately 186 trillion won. LG CNS is the main contractor for South Korea's central bank digital currency project, the "Han River Project."

U.S. Secretary of Defense Lloyd Austin has prohibited all Pentagon personnel from using non-public information to place bets on upcoming military operations, involving prediction market platforms such as Kalshi and Polymarket. In a memo sent to senior Pentagon officials and defense agencies on Tuesday, he stated that all Department of Defense personnel are prohibited from using non-public information for financial transactions, with the relevant restrictions covering both classified and unclassified information.Austin wrote in the memo that adversaries will observe movements in these markets, and the safety of U.S. military personnel often depends on the enemy not knowing what is about to happen. He also pointed out that, aside from operational security, financial betting can distort judgment: a logistics personnel betting on the date of an operation will be concerned about that date, and an analyst holding a position on the outcome will also be concerned about that outcome.Before this directive was issued, U.S. Army soldier Gannon Ken Van Dyke was charged in April for allegedly profiting over $400,000 on Polymarket by using classified information regarding the operation to capture Venezuelan leader Nicolás Maduro. Prosecutors claimed he participated in the planning and execution of the operation and used advance knowledge to bet on the outcome of Maduro's ousting; he pleaded not guilty to all charges. In February, Israeli authorities also arrested and charged a military reservist and a civilian for allegedly using classified information to bet on events related to Israeli strikes against Iran on Polymarket.

The White House announced that Trump invoked the Defense Production Act, listing oil exploration, production, and other activities as critical defense resources, and authorized the federal government to promote capacity expansion through procurement and funding support. Trump stated that limited financing and supply chain constraints made it difficult for businesses to meet demand, thus exempting certain requirements of the act to accelerate capacity expansion.

SpaceX stated that any potential merger with Tesla must be further approved by the company's special committee, board of directors, and controlling shareholders.

According to the American financial media Semafor, SpaceX (SPCX.O) has a low-rated bond issuance interest rate of approximately 8.3%.

The privacy Layer 2 network Aztec, based on zero-knowledge proofs, announced that its V6 upgrade proposal has been approved, but the governance panel currently still shows that voting is open, with the execution date listed on the panel as October 26.According to disclosures, the upgrade will enhance the messaging speed between Ethereum and Aztec, and will provide 30 days of operational funding for the V5 version during the migration period.

Elon Musk stated that they are increasing the production of the integrated battery system Megapacks as much as possible.

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.

OpenAI announced that Uber will provide the ChatGPT Enterprise version to all employees and will use OpenAI's cutting-edge models through ChatGPT Work.

Cryptocurrency exchange Kraken stated that its xStocks tokenized stock product line currently covers more than 1000 underlying assets. xStocks provides users with exposure to stock prices but does not come with shareholder rights.According to the FAQ document released by Kraken in September, the number of related tools listed at that time was 131. This product still excludes U.S. users.

Recently, Sun Yuchen discussed his personal communication and life strategy role models in a conversation with Jin Ming, stating that he does not simply imitate one person, but is a "hybrid mix" of Elon Musk, Donald Trump, and Warren Buffett.Sun Yuchen mentioned an interesting coincidence that all three are alumni of his alma mater, the University of Pennsylvania. As he integrates the strategies of these three individuals, the outside world has begun to jokingly refer to the emergence of a "fourth giant," namely Sun Yuchen himself. In terms of specific strategy breakdown, he stated that his investment and risk control fully absorb the value investment philosophy that Buffett and Munger emphasize on fundamentals, bringing an old-school playbook into the crypto space, which instead creates a dimensional advantage.In terms of business growth and communication, Sun Yuchen pointed out that Musk compensates for Buffett's shortcomings in technology narratives and expectation-driven approaches, forming a dual drive of fundamentals and high-tech high growth. Regarding personal branding and communication, he mainly draws inspiration from Trump, even admitting that he initially learned spoken English by following Trump's show "The Apprentice."Sun Yuchen also shared an interesting anecdote, stating that there is actually a "mutual disdain law" among these three. For example, when he once suggested to Buffett during dinner that he acquire Tesla during its low point, Buffett declined, as he believed that if a company is too disruptive and full of "surprises," it does not align with his investment style.