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Interview with Privasea Founder: Post-Quantum Privacy Technology FHE

After Privasea built the privacy FHE computing infrastructure, it developed an application called "ImHuman" that focuses on proving human identity. The system does not store the user's facial data, but only performs a POH comparison in an encrypted manner during two verifications. Read more — link


The US SEC has formally filed an appeal, questioning the court's determination that Ripple's sales of XRP on the platform do not constitute unregistered securities, and disagreeing with the court's determination that Ripple executives personal XRP sales did not violate securities laws. — link


A U.S. federal court sentenced Indian citizen Chirag Tomar to 60 months in prison for carrying out a cryptocurrency scam of more than $20 million by fake Coinbase exchange website, impersonating customer service through phishing websites, thereby illegally accessing victims' real Coinbase accounts and transferring cryptocurrencies. — link


The Trump family crypto project World Liberty Financial (WLF) released a 13-page document stating that the Trump family will receive 75% of the project's net proceeds without any liability, stating that the project and tokens "are not related to any political activities." — link


Hong Kong police arrested a fraud group in the city, arrested 21 men and 6 women, set up a fake cryptocurrency investment platform, used fake AI images to develop romantic relationships with victims, and made more than 50 million U.S. dollars in fraudulent income in the past year. — link


Solv Protocol Launches SolvBTC.JUP, integrating BItcoin with Solana’s DeFi Yields Ecosystem. SolvBTC.JUP offers an 8% annual yield in Bitcoin. The underlying yield is from Solana DEX, Jupiter. Currently, SolvBTC.JUP TVL has surpassed $13 million.SolvBTC.JUP is the fourth LST product launched by Solv, based on the Staking Abstraction Layer (SAL). —link


HashKey Interview: Compliance and Market Potential of Tokenisation and STO

Anna analyzes Hong Kong’s latest regulatory policies on STOs. The discussion covers key differences between STOs and IPOs and how Tokenisation can enhance market efficiency. Anna also shares insights on tokenized bonds, the application of STOs in secondary markets, and the influence of traditional financial institutions like BlackRock entering Tokenisation. Read more — link


QCP: While the US election is the next key catalyst for BTC and crypto, markets remain uncertain as to where BTC will go post election. Options expiring near the election are trading at a 10% premium compared to other expiries. With everyone’s focus on the election, any change in the polls or either candidate’s campaign narrative will be amplified in spot prices. — link


Crypto exchange Kraken announced the launch of kBTC, a cross-network compatible ERC-20 token fully backed by Bitcoin. Each kBTC token is backed by Bitcoin 1:1 managed by Kraken, and users can ensure its transparency and security through on-chain verification. kBTC brings the utility of Bitcoin to Ethereum and OP Mainnet, and plans to be compatible with more networks. — link


The ECB cut interest rates by another 25 basis points. The ECB lowered the deposit facility rate from 3.5% to 3.25%, in line with market expectations. At the same time, the main refinancing rate and marginal lending rate were adjusted from 3.65% and 3.9% to 3.4% and 3.65% respectively.


South Korea's largest exchange Upbit announced that it will list Injective (INJ) at 17:15 on October 17, supporting the KRW and USDT trading markets. INJ is the native token of the L1 network Injective, mainly used for participating in governance, liquidity mining, and blockchain security enhancement. — link


DeBridge announced that an airdrop has been distributed to 491,000 wallets. DBR, an SPL token on Solana, has an initial circulating supply of 1.8 billion and a maximum supply of 10 billion. All airdrop recipients can choose to claim 50% at TGE (Token Generation Event) and the remaining 50% after 6 months, or claim 80% at TGE minus a 20% penalty. 10% of the airdrop will be claimed through CEX, and 90% will be claimed on-chain. —link


Coinbase has integrated ZetaChain mainnet as a default network within its ecosystem, and Coinbase Prime now supports institutional custody for ZETA. Coinbase has also joined as a validator, enabling native ZETA staking and rewards. Meanwhile, ZetaChain has launched full support for Base, facilitating seamless interactions across Base, Bitcoin, Ethereum, and other networks. link


On October 16, Bitcoin spot ETF had a total net inflow of $459 million yesterday, continuing its net inflow for 4 consecutive days. BlackRock ETF IBIT had an inflow of $393 million. Ethereum spot ETF had a total net inflow of $24.2192 million. — link


According to Polymarket, the chances of Republican candidate Donald Trump winning the presidency in the United States exceeded 60% on October 16, reaching Polymarket's highest chance of winning since August. However, the latest NBC poll shows that both sides are tied at 48%. — link


WuBlockchain Podcast: RWAfi and Real Yield: Plume's Innovative Approach

Plume is purpose-built for RWAs and RWAfi, with over 180 projects already built on Plume and over $1 billion in assets deployed on Plume, with hundreds of millions more on the way. Youtube Transcript


Vitalik said at the 2024 Shanghai Blockchain Week that the main problem of Ethereum now is the lack of a unified ecosystem. Ethereum is now like 34 different chains. Ethereum's future goals include achieving more than 100,000 TPS through L2, completing transfers from any chain to any other chain within 2 seconds, a unified user experience, surpassing EVM and achieving secure links. — link


Siam Commercial Bank (SCB), the fourth largest bank in Thailand, has become the first financial institution in the country to offer stablecoin-based cross-border payments and remittance services. The stablecoin-based service will allow customers to send and receive payments around the world 24 hours a day, 7 days a week. The service was trialed through the Bank of Thailand's digital asset sandbox. — link


The Aspen Digital report shows that interest in cryptocurrencies among Asia’s private wealth is growing significantly, with 76% of Asia’s private wealth already involved in digital assets and a further 18% planning to invest in the future. 53% of respondents have cryptocurrency exposure through funds or ETFs. — link


Radiant Capital, a cross-chain lending protocol invested by Binance Labs, suffered a cyber attack, resulting in losses of more than $50 million. The attacker controlled the private keys of multiple signers and then controlled multiple smart contracts. The suspect's wallet held more than $32 million worth of Arbitrum-based assets and about $18 million worth of BNB Chain tokens. — link

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