01:53

Tether Burns Additional 1B USDT Following Market Events

Gate News bot message, Tether (Tether_to) has conducted another significant USDT burn operation, destroying 1 billion USDT tokens. This burn follows a series of stablecoin reductions by major issuers in the aftermath of the October 11 market downturn. Together with Circle, stablecoin issuers have no
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01:51

Galaxy Digital Head of Research: The structural bull run remains intact.

Golden Finance reports that Alex Thorn, research director at Galaxy Digital, believes that the current structural bull run remains intact for both crypto assets and the stock market. He pointed out that the three forces driving the next phase of the rise are artificial intelligence capital expenditure, stablecoins, and tokenization.
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01:25

Industry insiders: The Aster team has acquired a portion of the Token shares from the KOL round and media round at a 5% discount.

According to ChainCatcher news, crypto KOL AB Kuai.Dong disclosed on the X platform that multiple sources confirmed the Aster team has acquired part of the KOL round and media round shares to be unlocked this time and in the future at a 5% discount. This repurchase will significantly reduce the selling pressure on ASTER tokens. However, analysis indicates that the last similar large-scale repurchase was conducted by SBF-led FTX and Alameda, who repurchased unlocked shares from some Solana shareholders and employees at a high multiple.
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ASTER-1.31%
SOL0.65%
01:22

Egypt's Foreign Minister is conducting intensive consultations with longer on the Iran nuclear issue.

On October 19, Jin10 reported that on the 18th local time, Egyptian Foreign Minister Abdel-Atti held a phone call with Iranian Foreign Minister Zarif, Director General of the International Atomic Energy Agency Grossi, and the U.S. Special Envoy for Middle East Affairs Hochstein to discuss the progress of the Iranian nuclear issue. Abdel-Atti stated that all parties must continue to work to ease tensions, build mutual trust, and create conditions for the resumption of negotiations to reach a comprehensive agreement on the Iranian nuclear issue that takes into account the interests of all parties and contributes to regional security and stability. All parties agreed to maintain contact and follow up, hoping to achieve a breakthrough on this issue.
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00:55

Hyperliquid founder clarifies: the platform's priority to pursue protocol revenue is FUD, and the ADL mechanism allows users to net hundreds of millions of dollars.

Hyperliquid founder Jeff responded to rumors about the platform pursuing protocol revenue, pointing out that automatic reduce position events have brought significant profits to users, emphasizing that the ADL mechanism aims to drop risks and achieve a win-win situation. He stated that the team will keep the mechanism simple and robust while continuing to research more complex Algorithms.
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00:37

Trader: Remind investors to be wary of the project party's suspected continuous sale of Lock-up Position Tokens.

Odaily News Trader "Han Ba Long Wang" issued a reminder that the RVV project party is suspected of continuously selling the Lock-up Position Tokens. Previously, the top address was a multi-signature Lock-up Position, but there have now been outflow operations. The KOL stated that although there are still people in the market betting on Binance possibly intervening in the matter, based on the on-chain situation, the project party holds about 80% of the chips that are still being transferred out, which poses a very high risk.
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RVV-10.43%
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00:19

Russia claims that the United States has not stopped providing other weapons to Ukraine.

Jin10 reported on October 19th that Dmitry Medvedev, Vice Chairman of the Security Council of the Russian Federation, stated on the 18th that the fact that U.S. President Trump did not provide Ukraine with "Tomahawk" cruise missiles does not mean that the supply of other weapons to Ukraine has stopped, and Russia must be prepared to respond to any situation.
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23:58

The UK tax authorities have sent out 65,000 reminder letters to individuals suspected of encryption tax evasion, twice the amount from last year.

Odaily News The UK tax authorities have issued approximately 65,000 "demand letters" to individuals suspected of owing taxes on crypto assets, doubling the number from last year. Under the current UK tax system, selling, exchanging, or spending crypto assets typically incurs Capital Gains Tax, while staking rewards and airdrop income are considered taxable income. (The Block)
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22:55

OpenSea CEO: We will not abandon NFTs, but will expand into a universal on-chain trading hub.

According to Golden Finance, OpenSea CEO Devin Finzer denied claims that the company is abandoning non-fungible tokens (NFTs), stating that the market is "evolving" into a universal platform for trading various on-chain assets. Finzer stated: "We are building a universal interface for the entire on-chain economy - Tokens, collectibles, culture, digital and physical." He added: "The goal is simple: as long as it exists on-chain, you should be able to trade it on OpenSea, seamlessly crossing any chain while maintaining full control over your assets."
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22:33

Roman Storm asked the Open Source software community: Are you worried about being sued for developing a Decentralized Finance platform?

Golden Finance reported that Roman Storm, the developer of the Tornado Cash privacy protection protocol, asked the open source software community whether they are concerned about being retroactively prosecuted by the U.S. Department of Justice for developing a Decentralized Finance (DeFi) platform. Storm asked DeFi developers: How can you be sure that you won't be prosecuted by the Department of Justice for "MSB" (building non-custodial protocols), only to be accused later of needing to build custodial protocols? If the SDNY can charge developers for building non-custodial protocols... then what safety is there?
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21:29

The business entity related to YouTube celebrity MrBeast is suspected of entering the Crypto Assets field.

Golden Finance reports that Beast Holdings, associated with YouTube celebrity MrBeast, has submitted a trademark application for "MrBeast Financial" in the United States, with wording suggesting a potential foray into the Crypto Assets space. The application includes services such as Crypto Assets payment processing, Crypto Assets exchange, and trading through decentralized exchanges (DEX). This move suggests a potential entry into fintech and Web3, possibly targeting MrBeast's large audience, and may serve as an entry point or exchange for Crypto Assets.
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20:25

Retail investors tried to indirectly invest in Bitcoin through fund management companies, losing approximately $17 billion.

According to Jinse Finance and reports from Bloomberg, retail investors attempting to indirectly invest in Bitcoin through fund management companies such as Metaplanet and Michael Saylor's Strategy have incurred losses of approximately $17 billion. 10X Research stated that these losses stem from excessive equity premiums, causing stock prices to be far higher than the actual Bitcoin they hold.
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BTC-0.19%
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15:01

Bank of England Governor: The UK economy will gradually adapt to the impact of Brexit over time.

The Governor of the Bank of England, Bailey, rarely mentioned Brexit in a speech in Washington, believing it will have a negative impact on economic growth, but this impact will diminish over time. He pointed out that Brexit is part of the slowdown in economic growth, which is also influenced by factors such as the pandemic and the Russia-Ukraine conflict, leading to a decline in the UK's potential economic growth.
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14:23

Tether's donation of $250,000 to OpenSats is questioned by Jack Dorsey.

ChainCatcher news, stablecoin giant Tether donated $250,000 to the nonprofit organization OpenSats that supports Bitcoin developers. Subsequently, Twitter co-founder Jack Dorsey publicly questioned on social media: "Why only $250,000?" and emphasized that he had donated over $21 million to the same organization.
BTC-0.19%
14:01

Musk responds to what AGI is.

According to a report by Golden Finance, a netizen wrote: "It is necessary to clarify what definition of AGI (Artificial General Intelligence) Elon Musk is using." Musk responded: "It can complete all tasks that humans can accomplish with computers, but its level of intelligence is not as high as the combined capabilities of humans and computers. This will probably take another three to five years to achieve. For example, Grok 5 will perform better in AI engineering (which the self-proclaimed refer to as 'research') than Andrei Kaparthy (the Canadian computer scientist)."
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12:56

Bloomberg: Crypto mining companies seizing the AI boom are gradually abandoning Bitcoin.

According to BlockBeats on October 18, Bloomberg reported that the stocks of large computing companies that support Bitcoin have once again outperformed Bitcoin itself, as more and more companies are shifting to a hybrid model centered around artificial intelligence and high-performance computing. These companies were initially referred to as "mining companies," drawing an analogy between the process of creating Bitcoin and the mining of traditional precious metals like gold. However, they have long been influenced by the fluctuations in Bitcoin prices. Two years ago, the industry benefited from the early AI boom, but in the following year, their stock prices fell again as mining profits declined and competition intensified.
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BTC-0.19%
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11:51

Early UNI investors' Address transferred 1.697 million UNI to Wintermute within 5 hours, worth 10.29 million USD.

Odaily News According to encryption analyst Yu Jin @EmberCN monitoring, an institutional Address that received an investment allocation of 30 million UNI in 2020 transferred 1.697 million UNI to the market-making institution Wintermute in the past 5 hours, worth approximately 10.29 million USD. After the transfer, the Address still holds about 24.9 million UNI, with a total value of approximately 149 million USD at the current price.
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UNI-3.05%
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10:51

Indian officials said there are no major differences with the United States on trade issues.

Jin10 reported on October 18 that an Indian official stated on Saturday that the differences between India and the United States on trade-related issues have narrowed, and India is seeking to reach a trade agreement with the Trump administration and drop punitive tariffs. The official noted that the Indian team advancing trade talks in the United States this week had positive discussions with Washington officials.
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09:57

He Yi responded again to the Binance Alpha Airdrop being "difficult to grab" and stated that the issue will be resolved.

Odaily News Regarding community users once again stating that the Binance Alpha Airdrop is "hard to grab" and "has reached an unclaimable level," and calling for Binance to reconsider the rules, Binance co-founder He Yi responded in a post on the X platform that the issue will be addressed. Previously, some users also pointed out that there are technological means that make the Binance Alpha Airdrop "hard to grab," to which He Yi responded: "I will address the risk control, and everyone is welcome to suggest ways to tackle this technology comprehensively."
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09:56

UN agency: The cholera outbreak in Sudan has infected over 120,000 people.

Jin10 reported on October 18 that, as of local time October 18, the United Nations Office for the Coordination of Humanitarian Affairs stated that since the latest outbreak of cholera in Sudan in July 2024, the country has reported a total of over 120,000 infection cases, with more than 3,000 deaths.
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09:43

Analyst: The reversal of Bitcoin's trend requires a synchronized rise in price and open interest, or a significant inflow of funds.

BlockBeats news, on October 18, CryptoQuant analyst Axel Adler Jr stated that after experiencing a large-scale leverage washout, the market is still in a pullback phase; the risk of cascading liquidations has fallen below peak levels. A short-term rebound is possible, but for a sustainable reversal to occur, there needs to be a rise in prices synchronized with open interest, or a significant inflow of Spot funds.
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BTC-0.19%
09:10

Aster updates Stage 3 trading points rules: Spot and Perptual Futures trading volume are both included, and wash trading and other fraudulent activities are strictly prohibited.

Odaily News Perptual Futures DEX Aster announced on platform X the update of Stage 3 trading points calculation rules. Trading points will now include, but are not limited to, trading fee contributions, Liquidity (market maker orders) contributions, etc. Both Spot and Perptual Futures trading volumes will be included, and points will be updated hourly based on the total fees generated. Aster strictly prohibits any abusive trading behavior, including but not limited to wash trading, market manipulation, or other fraudulent activities. If any account is found to have such behavior, Aster reserves the right to adjust, freeze, or revoke its Rh points at its discretion.
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ASTER-1.31%
08:35

Trump's second son: I never discuss Crypto Assets with my father.

BlockBeats news, on October 18, Trump's son Eric Trump stated in an interview with CNN reporters: "To be honest, I really never talk to my father about crypto assets, he is a great supporter of this industry, and this industry has largely supported my father. He speaks at all Bitcoin conferences, and obviously during his campaign, the encryption industry accepted him, and he embraced this industry, believing it to be the future of finance. You can't ignore him; if we overlook it, America will be crushed. Everything can be done better, faster, and cheaper through Blockchain."
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BTC-0.19%
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08:06

Binance: Holding 240 points can receive 125 MERL Airdrop

According to a report by Golden Finance, as per the official announcement, users holding at least 240 Binance Alpha points can claim the Token Airdrop. On the Alpha activity page, claim 125 MERL Token Airdrop. If the rewards are not fully distributed, the points threshold will automatically drop by 15 points every hour.
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MERL-7.48%
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07:43

Data: In the past 7 days, the circulating supply of USDC has increased by approximately 400 million.

PANews news on October 18, according to official data, in the 7 days ending October 16, Circle issued approximately 7.6 billion USDC, redeemed about 7.2 billion USDC, and the Circulating Supply increased by approximately 400 million. The total Circulating Supply of USDC is 75.9 billion, with reserves of about 76.1 billion USD, of which cash is about 9.9 billion USD, and the Circle Reserve Fund holds approximately 66.2 billion USD.
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USDC-0.02%
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06:07

The AnteX Testnet is about to launch, and the points activity for the first season will begin simultaneously.

The Decentralization Perptual Futures trading platform AnteX has completed internal testing and will soon launch public testing. The first season points activity will be initiated, and users can earn points and participate in competitions through various methods. AnteX is based on its independently developed Layer1 public chain, providing Decentralization asset management and an efficient trading experience.
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06:03

Binance Alpha will launch Savanna Survival (SVSA) on October 20.

Golden Finance reports that according to official news, Binance Alpha will launch Savanna Survival (SVSA) on October 20. Eligible users can claim the airdrop using BinanceAlpha points on the Alpha event page, and can receive it once trading is open.
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05:31

Vitalik: I hope ZK and FHE researchers provide computational efficiency ratios rather than just computation speed.

Ethereum co-founder Vitalik Buterin advocates for more zk-SNARKs and fully homomorphic encryption researchers to provide the time ratio of encrypted computation to raw computation to improve the accuracy of efficiency assessments. He points out that this ratio is more hardware-independent and more helpful for developers, although there are certain difficulties in implementation.
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ETH0.08%
05:27

To approve the deployment of the National Guard, the U.S. government has requested the Supreme Court's intervention for the first time.

Jin10 data reported on October 18 that, according to U.S. media, the U.S. federal government requested the Supreme Court on the 17th local time to suspend the lower court's ruling, allowing the federal government to deploy the National Guard in Illinois. Reports indicate that this move increases the federal government's efforts to send the National Guard to the Chicago area in Illinois. It is understood that the federal government has deployed or attempted to deploy the National Guard in several cities including Chicago, Portland, and Los Angeles, triggering legal challenges from local governments. This case marks the first time the federal government has requested intervention from the Supreme Court.
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