【Golden Evening News | Overview of important developments on the evening of October 2】

1. UBS piloted a tokenized money market fund on Ethereum, demonstrating its attention and support for blockchain technology;

2. Digital asset trader GSR Markets was approved in principle for a Singapore payment institution license, further promoting the compliance process of the cryptocurrency industry;

3. Grayscale applied to convert its Ethereum Trust Fund into a spot ETF, which is expected to provide investors with more investment channels;

4. CoinShares data showed that digital assets saw their first inflow of funds in six weeks last week, and market confidence gradually recovered;

5. The IMF proposed a national-level crypto asset risk assessment matrix to help countries identify potential risks and promote the healthy development of the cryptocurrency market;

6. Former SoftBank executives and DRAM Trust jointly launched a stablecoin backed by dirhams to expand the application scenarios of the cryptocurrency market;

7. New crypto investment company Deus X Capital announced its establishment and completed $1 billion in financing, which will provide more financial support for the blockchain industry;

8. A giant whale withdrew 30,000 ETH in 3 days and transferred all ETH to Lido Finance, showing that the market's attention to DeFi continues to rise;

9. Coinbase Singapore has been awarded a major payment institution license by the Monetary Authority of Singapore, which will help promote and popularize cryptocurrencies around the world;
10. The CertiK report pointed out that various security incidents in the third quarter of 2023 caused a loss of nearly US$700 million in crypto assets, reminding investors to pay attention to security risks.