phase

Phase announced the launch of its blockchain mainnet and secured a commitment of $45 million from Kirill Eves, the founder of the payment company Unlimit. Phase stated that there are no external investors, and this commitment covers the development for the first two years of the project and provides funding support for the subsequent two years.

According to the official announcement from Gate, the 384th session of Gate Launchpool will officially launch the XAUT (Tether Gold) staking airdrop event on October 26 at 20:00 (UTC+8), lasting until November 16 at 20:00, with a total distribution of 36 XAUT. XAUT (Tether Gold) is a tokenized asset linked to physical gold. This session opens three staking pools for USDT, GT, and XAUT, distributing 20, 8, and 8 XAUT rewards respectively.This session's USDT staking pool welcomes a functional upgrade, supporting dynamic unlocking of staking limits based on users' real-time net recharge amounts at a 1:1 ratio, and introduces a dynamic hourly settlement mechanism to enhance capital circulation efficiency and flexibility. During the event, users can stake designated assets to proportionally receive XAUT airdrops, with rewards automatically distributed to spot accounts every hour and fully unlocked. Additionally, the platform supports early staking, allowing users to participate after completing identity verification, with specific rules subject to the official announcement.

On October 25, according to official news, the ninth phase of the decentralized stablecoin USDD's collaboration with Binance Wallet for the Strategy event will go live on October 27 at 8:00 AM (Singapore time) and will last until December 16 at 07:59. This phase will offer a reward pool equivalent to a total of $700,000 in USDD. Users can participate by depositing at least 100 USDT in the Binance Wallet Strategy section and will automatically qualify for the reward distribution.It is reported that current participants do not need to take any additional actions to automatically join the ninth phase of the event. The entry point for the event is the Binance Wallet Strategy page. For more details, please visit: https://usdd.io.

According to official news, YZi Labs announced the launch of the first phase of the Atlas Scout program, recruiting four students from Stanford University, Yale University, the University of California, Berkeley, and the University of California, Los Angeles, to participate in early investment projects in the fields of Web3, artificial intelligence (AI), and biotechnology.The program aims to allow outstanding university students to gain early exposure to venture capital, participate in project discovery, preliminary research, due diligence, and investment judgment, and encourage them to organize entrepreneurial communities on campus and explore investment opportunities. YZi Labs will provide a maximum of $1 million in intended investment for related investment opportunities in this program and open its ecosystem network composed of over 300 portfolio companies.YZi Labs stated that many potential entrepreneurs often begin their explorations in laboratories, open-source projects, campus entrepreneurial organizations, and technology communities before entering traditional financing channels, and their peers who learn and work with them usually discover their potential earlier. The Atlas Scout program hopes to leverage students' own campus networks to help these early entrepreneurs obtain capital, mentorship, and industry resources. Eligible entrepreneurial teams will also have the opportunity to connect with YZi Labs' EASY Residency program or further discuss investment collaboration.The Atlas Scout program not only expands financing and resource channels for early entrepreneurs but also allows participating students to accumulate venture capital experience through practical projects, enhancing their project evaluation, founder communication, and investment judgment skills.YZi Labs stated that Scouts can independently carry out campus activities based on their interests, such as organizing technical exchanges, gathering entrepreneurial teams, or discovering potential investment projects, while receiving guidance and ecosystem resource support from YZi Labs in the process. The program aims to establish connections before entrepreneurial projects gain widespread attention, allowing initial ideas on campus to have the opportunity to develop into actual projects, while cultivating a new generation of investors who can identify technological trends and entrepreneurial potential earlier.

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 official announcement, the Gate Idle Money Treasure × Yu Bi Bao second phase interest rate increase activity is ongoing. This phase of the activity covers USDT current financial products, and users who meet the specified net recharge conditions can receive additional interest rate rewards.In the Idle Money Treasure activity, users who accumulate net recharges of BTC, ETH, and USDT to reach the specified threshold during the activity period and activate Idle Money Treasure can receive additional interest on top of the basic earnings. Specifically, if the cumulative net recharge reaches 10,000 USDT, users can enjoy an additional 1% interest rate, resulting in a comprehensive annualized yield of 4%; if it reaches 50,000 USDT, users can enjoy an additional 2% interest rate, resulting in a comprehensive annualized yield of 5%. The upper limit for the principal eligible for interest rate increases in both tiers is 50,000 USDT.The Yu Bi Bao activity is open to VIP 2 to VIP 14 users. If the cumulative net recharge of USDT reaches 100,000 USDT and users subscribe to a 7-day fixed-term financial product in USDT, they can enjoy an additional 7.3% interest rate on top of the 3.7% basic annualized yield, resulting in a comprehensive annualized yield of 11%. The upper limit for the principal eligible for interest rate increases is 100,000 USDT. Users must continuously meet the net recharge requirements during the subscription and the order's duration to receive the additional interest rate rewards.

The website of the China Securities Regulatory Commission shows that CITIC Securities released the "Report on the Progress of the Guidance Work for the Initial Public Offering and Listing of MiniMax Group Inc. (Phase II)" on October 15. This phase of guidance started on July 10, 2026, and lasted for more than three months. CITIC Securities, together with Tongshang Law Firm and Ernst & Young, continuously monitors the company's operational performance and compliance in accordance with regulatory requirements and the guidance agreement, and conducts guidance through on-site training and communication on specific issues.The report states that the guidance target has established an internal governance structure and relevant company management systems, but there is still room for optimization in execution. CITIC Securities will collaborate with intermediary institutions, combine due diligence, continuously refine and improve corporate governance and standardized operations, propose rectification suggestions, and supervise the implementation of internal controls. In the next phase, work will continue with Tongshang Law Firm and Ernst & Young, focusing on enhancing standardized operational levels and preparing for guidance acceptance.On May 29, 2026, CITIC Securities signed a guidance agreement with MiniMax and submitted a guidance filing application to the Shanghai Regulatory Bureau of the China Securities Regulatory Commission on the same day, which was accepted, marking MiniMax's official entry into the guidance period. The large model company MiniMax (00100.HK) was listed on the main board of the Hong Kong Stock Exchange on January 9, 2026, approximately four years from establishment to listing, and has focused on the research and development of full-modal models since its inception.

According to the official announcement, the 156th Gate contract points airdrop will be open for collection from October 19, 18:00 to 23:59 (UTC+8). This period sets up two points redemption reward pools, with limited rewards available on a first-come, first-served basis.Reward Pool One requires a Gate contract points balance of 120--90 points (decreasing). Users can spend 15 Gate contract points to redeem 0.015 QQQG; Reward Pool Two requires a points balance of no less than 40 points, and spending 20 Gate contract points can redeem a 100 USDT position experience voucher. Rewards are expected to be credited approximately 1 hour after successful collection.

Cryptocurrency analyst Darkfost pointed out that the Uniswap token UNI has performed strongly since the beginning of the year, with its TVL reaching a new high for the year in September (over $4 billion), and DEX trading volume also peaking at $93.6 billion. The price has risen by as much as 370% from the low in June. However, due to the increase in the number of tokens flowing into exchanges, UNI is currently in a distribution phase. The inflow of UNI on Binance reached its highest level of the year, with the Z-score exceeding 4 multiple times in late September, and daily inflows exceeding $40 million. Although the inflow momentum seems to have weakened, the overall inflow remains quite active. If the inflow continues to decline, UNI may be expected to bottom out, ending a correction of over 30% since its recent high of $10.9.

According to Jinshi Data, Bank of Japan Governor Kazuo Ueda stated that Japan's core inflation is close to 2%, marking a policy shift, and the central bank's policy has entered a new phase where inflation cannot be allowed to rise further. Due to core inflation being close to 2% and the financial environment remaining accommodative, the Bank of Japan will continue to raise interest rates and adjust its monetary easing policy. The central bank will discuss whether to adjust the assessment of "core inflation close to 2%" at the upcoming meeting.Kazuo Ueda mentioned that the situation in the Middle East, demand for artificial intelligence, and exchange rates will influence the timing of interest rate hikes. The central bank has been monitoring the impact of the weakening yen and the Middle East situation on inflation. He also stated that it is difficult to make a clear statement about Japan's neutral interest rate, and the stability of 2% inflation is becoming increasingly important. The central bank will focus on consolidating the 2% inflation target. Additionally, Ueda noted that the main takeaway from this week's meeting (including the G20) was the communication with other policymakers regarding the impact of the Middle East conflict and demand for artificial intelligence on the global and Japanese economy, and there was nothing heard that deviated from the Bank of Japan's fundamental views. He exchanged opinions with Federal Reserve Chairman Waller but will not disclose specific details; since the meeting in Asheville, he has not contacted U.S. Treasury Secretary Yellen.

Glassnode and Coinbase Institutional jointly released the Q4 2026 "Charting Crypto" report. The report suggests that Bitcoin has transitioned from a bottoming phase to an initial recovery in Q3, with an overall positive outlook for Q4, although caution is still advised in the short term.The report shows that the net unrealized profit and loss indicator (NUPL) for Bitcoin has returned to the "optimistic/anxious" range, still below the threshold of the "belief/denial" phase. The supply of Bitcoin that has not moved for over a year continues to increase, with long-term holders largely maintaining their positions during the rebound, and the return of new participants has driven a recent rise in active supply. As of the end of September, there is a dense cost area for Bitcoin above the price, which includes the resistance area that previously limited the rise in September, while multiple layers of support are distributed below.

On October 13, 2026, the Bank for International Settlements Innovation Hub released the second phase report of the Aurum project, themed "Exploring Privacy-Enhancing Technologies for Digital Cash." This phase implements a privacy-protecting digital cash prototype based on the existing Aurum codebase, helping policymakers understand how relevant technologies can alleviate the dilemma between privacy and compliance in digital cash.The prototype adopts the principles of privacy by design and default privacy, demonstrating practices that lie between complete anonymity and complete transaction transparency, and achieving customizable features to meet business needs in compliance and operations. The project indicates that privacy can be embedded in the design of digital cash through technology, rather than solely relying on institutional guarantees, thereby reducing unnecessary exposure of personal and transaction data while maintaining compliance and system integrity.Privacy-protecting designs can assist central banks and policymakers in understanding the relevant considerations and trade-offs. The prototype's functionalities demonstrate policy flexibility between privacy, transparency, compliance, and other attributes, which can be calibrated according to different policy choices and risk preferences. In addition to digital cash, central banks can further explore privacy-enhancing technologies in more use cases, with the report listing several usage experiences.

JackYi (@Jackyi_ld) posted an analysis, stating that Bitcoin currently has strong support at the 400-day moving average at $81,000, and it has quickly rebounded each time it touches this level during a pullback; $84,000 serves as the resistance level for the 20-day moving average, and if it breaks through, it will test the strong resistance level at $86,500.Currently, Bitcoin is in a downward trend on the 15-minute, 1-hour, 4-hour, and daily charts, but the larger cycle is still in a bullish uptrend. This stage is considered a phase pullback during an upward trend, so it is recommended to be patient and avoid frequent trading.

Neura posted on platform X that it will take down the v1 test network and Neuraverse and enter the next phase. The team has completed a full snapshot of the points balance, leaderboard, task completion status, and activity history to ensure that no data is lost.

According to monitoring by Sandeep Nailwal, the Polygon protocol destroyed 100 million POL two weeks ago, accounting for about 1% of the total token supply, with funds sourced from network-generated transaction fees. Currently, another 22 million POL are prepared to enter the next phase of destruction, accounting for about 0.2% of the total supply.Polygon has not fully disclosed the impact of OMS on POL, and relevant information will be announced soon. Last week, the annualized transaction volume processed by OMS exceeded 1 billion dollars for the second consecutive week.

As the new season of Europe's top football leagues heats up, the trading activity for popular events in the Gate event market continues to rise. On October 13th, several key matches will kick off in succession.Atalanta vs. Venice (00:30 UTC+8): Currently, the winning support rate for Atalanta is 64%, for Venice it is 16%, and for a draw, it is 22%. Coventry City vs. Newcastle United (03:00 UTC+8): Currently, the winning support rate for Newcastle United is 45%, for Coventry City it is 30%, and for a draw, it is 28%. Levante vs. Sevilla (03:00 UTC+8): Currently, the winning support rates for Levante and Sevilla are 36% and 35% respectively, with a draw support rate of 30%.The Gate event market WCTC S9 "Crypto Oracle" points event is currently ongoing. As of October 12th, the total prize pool has reached 64,522 USDT, of which the points prize pool is 18,876 USDT, and the lucky prize pool is 45,655 USDT. The top user on the leaderboard is expected to receive 7,078 USDT. Users can participate in Gate event market-related trading and points activities to earn corresponding points rewards and lucky prizes.

On-chain analyst Murphy posted on platform X that long-term holders (LTH) of Bitcoin have cumulatively transferred approximately 32,000 BTC to exchanges, marking the second-largest single-day inflow since the significant drop on February 5 of this year. However, during the same period, U.S. government-related wallets transferred about 17,200 BTC to Coinbase Prime. Considering that this platform serves as the official custodian and trading service for the U.S. Marshals Service, these transfers do not necessarily indicate selling.Excluding this portion, the noteworthy potential selling pressure is approximately 14,800 BTC, primarily coming from long-term holdings aged 6 to 12 months and 3 to 5 years. Murphy pointed out that the average coin age of spent long-term holder coins reached 712 days, up from 651 days on July 14, indicating that earlier holdings are gradually participating in turnover. He believes that the distribution by long-term holders during the transition phase between bull and bear markets is not necessarily bearish; the release of periodic selling pressure can help in the redistribution of holdings, with the key being whether market demand can effectively absorb it. If new funds can digest the supply, sufficient turnover may actually reduce resistance for subsequent market movements.

Ostium has released a design update on the second phase of the compensation plan for liquidity providers (OLP). This plan offers two compensation mechanisms for users who have losses exceeding 1,000 USDC and have not opted for Convenience Allocation:Default Plan A (USDC Installment Payment): Funding sources include recovered and future recovered funds (distributed proportionally after deducting the first phase portion), a specific share of revenue from the Ostium protocol and Gateway (initially 50% of Ostium opening fees), and potential partner incentives or revenue sharing.Optional Plan B (Ostium Labs Equity Conversion): Users who meet securities regulation requirements can convert part of their unrecovered losses into Ostium Labs equity at the valuation of the next round of financing, with the same class of shares as the team, and a total holding percentage for participating users subject to a fully diluted cap.The second phase portal is scheduled to launch on October 30, and eligible users can proportionally claim the allocated funds from Plan A; if they choose equity conversion, the portion of losses converted to equity will no longer be eligible for subsequent installment payments under Plan A, thereby helping to accelerate the repayment process for the remaining unconverted funds.Ostium emphasizes that this compensation plan is voluntarily initiated by the official and does not guarantee the full recovery of lost funds; specific implementation details and parameter scales are still being refined.