[Shanghai: Building a blockchain-as-a-service (BaaS) platform and universal cross-chain functions]

The Shanghai Municipal People's Government website issued the "Shanghai Action Plan to Further Promote New Infrastructure Construction (2023-2026)", which mentioned the construction of Pujiang digital chain and government blockchain infrastructure. Build the Pujiang Digital Chain blockchain open network and computing power cluster, create a blockchain as a service (BaaS) platform and universal cross-chain functions, and provide high-performance underlying infrastructure support for blockchain industry applications; build an independent, controllable, and safe A unified government blockchain platform with credibility, leading performance, and complete functions promotes the comprehensive uploading of public data of municipal departments to the blockchain; promotes the application of blockchain industries such as cross-border trade, shipping, supply chain finance, and regional credit reporting. Accelerate the construction of the Shanghai Equity Custody and Trading Center blockchain and distributed digital identity system.

Claims for the Celestia airdrop have now ended on October 18, with a total of 191,391 addresses claiming, and participants are expected to receive TIA directly in their mainnet wallets in the coming weeks.

According to BlockBeats news, on October 14, according to data from The Date Nerd, DWF Labs has just deposited 30 million ORBS into Bithumb (approximately $1.19 million).

It is worth noting that in the past 5 days, DWF Labs deposited a total of 92.4 million ORBS (approximately $3.123 million) to CEX and currently holds 57.6 million ORBS (approximately $2.3 million).

Fed Governor Bowman: U.S. policy rates may need to rise further. (Jinshi Data APP) #BTC

KOL.Quotes#

[Cardano founder compares SBF to Bernie Maddoff, the mastermind of the largest known Ponzi scheme in U.S. history]

Cardano founder Charles Hoskinson compared former FTX CEO SBF to notorious American fraudster Bernie Maddoff and accused the media of giving the former FTX CEO a “free pass.” Maddoff is the mastermind of the largest known Ponzi scheme in U.S. history, estimated to be worth $64.8 billion. Maddoff served as chairman of the Nasdaq Stock Exchange for a time. Hoskinson said that despite public evidence that SBF and FTX were involved in misappropriating and stealing customer funds, the media focus on SBF shows how corrupt the entire system has become. Slamming the media frenzy surrounding the SBF following FTX's collapse, Hoskinson first named author Michael Lewis, whose book about the SBF gained widespread media attention days before the former FTX CEO's trial, calling it "a day of apology". Brigade”, the Cardano founder noted that there appears to be “a group of people who want a public acquittal” for SBF.

According to BlockBeats news, on October 10, Binance founder CZ said on social media, “BNB is a fair launch token. No one gets free BNB tokens from the initial supply. The team tokens have never been moved or used. It was just burned, and a new BNB burn (quarterly burn) will be carried out in the next few days.”

BlockBeats news, on October 10, Binance has now launched the 38th new coin mining project - Neutron. Neutron allows developers to easily build cross-chain applications through the Inter-Blockchain Communication Protocol (IBC) and provides Cosmos for DeFi dApps. Total financial security of the Hub.

Users can invest BNB, TUSD, and FDUSD into the NTRN mining pool on the Launchpad website after 08:00 on October 11, 2023 to obtain NTRN rewards. NTRN can be mined for a total of 20 days.

An hour ago, the Ethereum Foundation sold 1,700 ETH#ETH
This is not the foundation’s first selling operation this year. On 05.06, the foundation transferred 15,000 Ethereums to#Krakenand caused a commotion

It should be noted that the foundation’s previous large-volume sales were at the highest level every time👇
◾️ 2018: 70,000 ETH, sold at about $1,400
◾️ 2021.11.11: 20,000 ETH, selling price is about $4810

BlockBeats news, on October 9, according to Scopescan data, the Ethereum Foundation just exchanged 1,700 ETH (approximately $2.76 million) into USDC. #ETH

"Why are there so many funds in the market now waiting to see but not buying the bottom?"

"Let me tell you a story: Once upon a time, there was a fish seller in the market who sold live fish for 8 yuan and dead fish for 3 yuan. One day, a housewife squatted in front of the fish stall and didn't say anything, just watching a fish quietly. The fish gasped. The fish seller asked her curiously, "What do you see it doing?", and the housewife calmly said, "I'm waiting for it to die."" #BTC #ETH

Google Search Trends Ripple (XRP) Overtakes Shiba Inu (SHIB) #XRP

[The Central Bank of Mexico uses XRP Ledger for USD/MXN trading]

According to a document recently published on the official website of the Bank of Mexico, the XRP Ledger will be used as a bridge between the U.S. dollar and the Mexican peso. This marks an important milestone in the adoption of XRP in the Mexican financial system. According to reports, more than 8 countries have adopted XRP Ledger as a platform for building central bank digital currency (CBDC), and 20 countries are participating in discussions.

#XRP

[Zimbabwe Central Bank: Gold-backed digital tokens are now an approved payment method]

Zimbabwean residents and institutions can now use a recently launched gold-backed digital token to pay or settle domestic transactions, the central bank said. Central Bank Governor John Mangudya said the central bank has engaged the services of external auditors to verify the availability and adequacy of ZIG gold at any given time. Golden Finance previously reported that on August 13, the Reserve Bank of Zimbabwe (RBZ) stated that it would soon launch GBDT (gold-backed digital token) “for trading purposes” and is currently in the advanced stages of preparations.

According to BlockBeats news, on October 9, according to Beosin Alert monitoring, a Rug Pull occurred on the BNB Chain on-chain project Lucky star Currency, and the deployer has made a profit of US$1.1 million. Its token, LSC, fell from $2.8 to $0.04.

According to BlockBeats news, on October 9, BNT briefly rose to $0.69 and then fell back. It is now quoted at $0.5758, with a 24-hour increase of 41.78%.

[Jincheng City Public Security Bureau destroyed a fraud gang that used virtual currency to launder money, with the amount involved reaching more than 10 million yuan]

The Jincheng City Public Security Bureau released information to the public. Gaoping police successfully eliminated a money laundering and fraud gang. It is reported that the criminal gang has illegally used more than 240 Alipay accounts, more than 10 "Ouyi" accounts, and 10 "Ouyi" accounts since March 2023. More than 10 digital wallets were involved in money laundering and transferring fraudulent funds, with the amount involved reaching more than 10 million yuan. At present, 15 criminal suspects have been subject to criminal compulsory measures in accordance with the law, and the case is under further investigation.

BlockBeats news, on October 9, according to data from the Bitcoin investment company NYDIG, the price of Bitcoin fell by 11.1% in the third quarter of this year. Among the major asset classes, the price performance was only better than that of long-term Treasury bonds (down 11.9%). However, Bitcoin was not the only asset to fall this quarter. Nearly every other asset class, including stocks, bonds, gold and real estate, fell in the third quarter.

Furthermore, despite a poor third quarter, Bitcoin continues to maintain its status as the best-performing asset/asset class this year, up 63.3% year-to-date. #BTC #ETH

BlockBeats news, on October 9, according to data from the Federal Reserve’s official website, as of October 3, the size of the Federal Reserve’s balance sheet was US$7.955 trillion, compared with US$8.002 trillion the previous week, a weekly shrinkage of approximately US$46.2 billion.