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According to Israeli media i24, Israeli Prime Minister Benjamin Netanyahu is seeking to develop a blockchain-based plan to address potential financial sanctions that Israel may face in the future. Currently, the specific details and implementation plan of the relevant proposal have not been disclosed.

According to anonymous security analyst Spreek, the Initia chain has been hacked, resulting in a large number of tokens being infinitely minted. So far, the hacker has cashed out approximately 2.6 million dollars, and more funds are still being transferred.

Analyst Darkfost stated that the largest Bitcoin UTXO spending activity since 2026 has occurred on-chain, with a single UTXO valued at over 1 million dollars accumulating a total spending amount of over 21 billion dollars, involving more than 230,000 BTC. The related operations are likely from the same entity.Most of these UTXOs had been dormant for 1 to 6 months, and about 4.6 billion dollars came from long-term holders (LTH) who had held for 1 to 3 years. Darkfost pointed out that these Bitcoins may primarily be transferred between different addresses, and there are currently no obvious signs of flowing to exchanges, so it cannot be concluded that there is a large-scale sell-off. If the destruction of the related UTXOs corresponds to realized profits or losses, the on-chain realized profit and loss indicators may show significant changes.

Cysic released an update on the cross-chain bridge security incident, stating that it plans to destroy 7.2 million CYS from the foundation's reserves by the end of October to offset the impact caused by unauthorized issuance and to realign the token supply with its token economic model.

On October 23, the Central Cybersecurity and Informatization Commission issued the "National Informatization 14th Five-Year Plan." The plan proposes that by 2030, significant progress will be made in our country's informatization, with its role in promoting Chinese-style modernization becoming more prominent. The information infrastructure will consolidate and expand its leading advantages, a three-dimensional network system encompassing land, sea, air, and space will be basically formed, a new generation of communication networks will be fully established, the commercial use of the sixth generation of mobile communication (6G) will be launched in a timely manner, and the national blockchain network will be basically established, with intelligent internet development accelerating.The plan also states that the innovation capability of cybersecurity technology will be significantly enhanced, the technological innovation system will be more complete, and breakthroughs will be achieved in key core technologies in key areas. The cybersecurity industry ecosystem will prosper and develop, with deep integration of digital technology and the real economy, and the comprehensive strength of cybersecurity enterprises will be significantly enhanced. The level of digital, networked, and intelligent applications in economic and social development will reach a new level, empowering economic and social development and significantly improving governance capabilities. Cybersecurity guarantees will be solid and powerful, the legal and regulatory standards system will be more complete, and the concept of a community with a shared future in cyberspace will be deeply rooted in people's hearts.

a16z Frontier founding partner Chris Dixon stated that early Web2 platforms were built on fragile tacit agreements: independent creators, bloggers, news media, and community volunteers contributed high-quality content for free, while platforms provided traffic distribution, audience accumulation, and commercial revenue opportunities.He pointed out that after forming a monopoly through network effects, platforms continuously tightened algorithms, forcing creators to pay for traffic. With the advent of the generative AI era, large model companies collect long-accumulated content from the entire internet through crawlers and directly provide answers in search and Q&A interfaces, no longer diverting traffic to the original websites, thus severing the economic cycle of independent creators.Dixon believes that if this trend continues, high-quality original content may be depleted, and the internet could be flooded with low-quality machine-generated content. He proposed that verifiable data ownership could be established through blockchain protocols, allowing data calls, reasoning, and training to be traceable and automatically receive economic returns. Reshaping this contract is one of the important missions of the Frontier fund.

According to a report by Bloomberg citing on-chain data analysis platform Dune, the on-chain trading volume of tokenized stocks and ETFs in the third quarter exceeded $37 billion, with monthly trading volume increasing nearly 18 times compared to January, covering over 200 trading venues and 12 blockchains.During the same period, the on-chain trading volume of perpetual contracts linked to stocks, ETFs, and stock indices on the decentralized perpetual contract trading platform Hyperliquid reached $201 billion. Dune stated that currently about 25% of cryptocurrency spot trading is conducted on-chain.

Cross-chain trading application Fomo recently announced the official public launch of its self-built internal cross-chain bridge (Fomo Bridge) and router. Official data shows that after integrating the self-built system, its cross-chain transaction confirmation time is less than 1 second, and the transaction execution speed is 50% faster than existing market solutions.Fomo stated that its internal router can average optimize execution prices by 0.5% and optimize the worst-performing 10% of transactions by over 2%. Currently, Fomo's cross-chain trading volume is more than 10 times that of other trading applications. As a large cross-chain trading application that possesses both a cross-chain bridge and routing system, Fomo has thus gained control over the entire trading stack, including pricing, indexing, bridging, and routing, ensuring that users can still achieve a fast and low-cost trading experience even in extreme market conditions.

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."

Decentralised.co published: The on-chain options trading volume is still less than 1% of perpetual contract DEX, while traditional market options trading is about three times that of futures. The institution backtested Bitcoin daily closing prices from January 2018 to October 2026, finding that among the ultimately profitable longs, the liquidation probabilities for 10x perpetual contracts over 180 days, 90 days, and 60 days were 47%, 29%, and 18%, respectively. It replayed three $1,000 Bitcoin longs on October 10, 2025: the 10x perpetual was liquidated at 21:14, the 30-day call option dropped to a low of $181 but returned to over $800 within an hour, and a $52 7-day put option helped the 10x long survive the downturn.Decentralised.co: In the past, on-chain options often failed due to fragmented order books, difficult hedging, and locked funds. Hegic depositors lost most of about $80 million in May 2021, Lyra depositors experienced a 4.9% loss in the Bitcoin pool and a 17.6% loss in the Ethereum pool within 7 months, and PsyOptions closed its product in June 2024. With the combination of perpetual liquidity like Hyperliquid, the locked funds required to sell a Bitcoin call option could be reduced from about $100,000 to about $15,000, while monthly returns increased from 1.8% to about 12%.The article lists Hyperliquid as the main venue for hedging liquidity, with the options protocol Derive (formerly Lyra) as the underlying engine, Paradex handling large trades, and Hypercall being the first options venue built on Hyperliquid. Derive liquidated about $18 billion in notional options value in the year ending October 19. After Paradex integrated with Paradigm on September 15, the date options trading volume increased from less than $3 million to $58.7 million within a week, and open contracts decreased from over $250 million to about $96 million by October 14. By September 2026, the notional value of on-chain options is expected to double to $5 billion, with premiums rising to $85 million.

According to Onchain Lens monitoring, Chainlink Reserve bought and received 88,400 LINK on October 22, worth 1.06 million dollars.In the past 30 days, a total of 422,900 LINK has been accumulated, worth 5.37 million dollars; a total of 6.38 million LINK has been obtained, worth 71.83 million dollars; currently holding 6.38 million LINK, worth 76.14 million dollars.

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.

GMGN co-founder Haze stated that GMGN's self-developed cross-chain bridge is currently undergoing a small-scale rollout test, focusing on ensuring the speed, security, and stability of transactions.Haze mentioned that after this feature goes live, users will be able to directly use USDC within the GMGN App to purchase tokens on multiple blockchains.

The Blockchain Association stated that it has sent a letter to the leadership of both the House and Senate, urging Congress to advance prudent, bipartisan digital asset tax legislation, and launched TaxClarityforAmerica.com for the public to understand the principles, view congressional progress, and contact legislators.The association noted that approximately 67 million Americans hold and use digital assets, but the current tax system is outdated, leading to uncertainty for taxpayers, excessive compliance burdens, and forcing innovation to move overseas.Its "Digital Asset Tax Principles" include: a meaningful small exemption; taxation of mining and staking rewards as newly created property upon disposal; reporting arrangements that protect taxpayer privacy; tax compliance based on economic substance rather than technical form; and wash sale rules that do not penalize everyday activities while preventing abuse.The association also stated that the House Ways and Means Committee had previously advanced legislation related to digital asset taxation, and Senator Steve Daines has also introduced a Senate version. Congress is in recess until after the elections on November 3, and there remains a legislative window during the short session.

The BNB Chain development team announced that the BNB Smart Chain testnet will undergo the Jenner hard fork upgrade on October 28. Validators, node operators, block builders, and application developers need to start preparing for the upgrade.The Jenner upgrade includes the Payment Lane feature, which defaults to reserving 5% of block Gas for eligible payments.

According to monitoring by Blockaid, the WAX multi-chain bridge on the WAX network is under attack, involving WAX, Solana, and Ethereum. The attackers extracted mapped tokens on the WAX chain without paying the corresponding assets, while the bridging contracts on Solana and Ethereum still released the corresponding tokens.The attackers transferred approximately 52,986 USDC, 21,558 USDT, 840 DAI, 2.55 WETH, and 0.11 WBTC through 5 transactions. It remains to be further confirmed whether the scope of the incident and the losses are still expanding.

According to CoinDesk, Ben Edgington, the coordinator of the Ethereum rapid finality research direction, along with several researchers, submitted a draft proposing to reduce the transaction finality waiting time from about 16 minutes to about 4 minutes, improving it by approximately four times.The current goal is to push this draft into the formal upgrade proposal process. The core idea of the draft is to separate the original "block selection" and "finality confirmation" mechanisms of validators, allowing finality to progress at a faster pace and facilitating future adoption of quantum-resistant signatures.Faster finality is expected to reduce the costs incurred by cross-chain transfer services due to capital occupation. The Ethereum Foundation's research provides an example: if a service advances about 1 million dollars per hour, under a 16-minute delay, approximately 267,000 dollars would be pending recovery, which could be reduced to about 67,000 dollars after shortening to 4 minutes.

According to The Block, the crypto data analytics platform Dune has announced the launch of a real-time market data stream, with spot trading data available approximately 1 second after a transaction, covering over 200 on-chain trading platforms across 12 blockchain networks, including Solana, Ethereum, Base, BNB Chain, and X Layer; the perpetual contract data stream will track trades on Hyperliquid and Lighter.Fredrik Haga, co-founder and CEO of Dune, stated that on-chain transactions currently account for about 25% of the total volume of cryptocurrency spot trading, and as the trading of tokenized assets develops, the market demand for on-chain data continues to grow.Dune claims that the new data service will help hedge funds, asset management companies, market makers, and brokers track on-chain price discovery within existing market data systems. The company also noted that the joint venture OKXICE between OKX and Intercontinental Exchange (ICE) has submitted an application to list 63 tokenized stocks on X Layer.

According to The Information, a16z will remove "Crypto" from the name of its flagship blockchain fund, renaming it to "a16z Frontier," and will shift its focus to other investment areas; the fund's first founding member will also be leaving.

The blockchain infrastructure layer Espresso announced the completion of its mainnet upgrade. Benchmark tests show that its data throughput reaches 181 MB/s, which translates to approximately 1 million stablecoin transfers per second, based on an average of 180 bytes per transaction.The average final confirmation time for transactions is 337 milliseconds, and under peak load of 1 million transactions per second, it is 778 milliseconds.