On October 29th, according to The Block, a cryptocurrency lobbying group based in Washington submitted a "friend of the court" brief to support Beba's lawsuit against the U.S. Securities and Exchange Commission (SEC) in March of this year, with the aim of seeking a clearer interpretation of the legal status of token airdrops. Beba and DeFi Education Fund sued the SEC in March of this year, arguing that token airdrops do not violate the Howey Test, and shortly after the lawsuit was filed, the SEC filed a motion to dismiss the lawsuit. The Blockchain Association and the Cryptocurrency Committee requested that the court reject the motion and support the plaintiff's relief request....

According to Farside Investors monitoring data the funding data for the US spot Bitcoin ETF and spot Ethereum ETF yesterday (October 28) are as follows:...

On October 29th, Cardano founder Charles Hoskinson changed his stance on Bitcoin and announced that Cardano L1 will transition to Bitcoin L2....

venture capital firm Sequoia Capital owns 16% of the stablecoin platform Bridge and is expected to earn over $100 million from Stripe's $1.1 billion acquisition of Bridge. Insiders say Sequoia Capital invested $19 million in Bridge's Series A financing last year....

Mitchell Askew, Chief Analyst at mining company Blockware, stated that deficit spending and lower interest rates are driving global liquidity higher, while investors are concerned about long-term high inflation, as evidenced by the poor performance of government bonds since the interest rate cut in September. Therefore, investors are beginning to turn to the Bitcoin market, and trading in Bitcoin mining stocks is currently in a "beta" state. Askew added that some Bitcoin miners are also benefiting from diversification in the fields of artificial intelligence and high-performance computing....

Lookonchain monitoring shows that an hour ago, a whale withdrew 570 BTC ($39.84 million) from Binance. In the past five days, this whale has withdrawn 2,150 BTC ($147 million) from Binance and currently holds 5,073 BTC ($354.5 million)....

On October 29th, Ethereum co-founder Vitalik Buterin responded on social media to @0xgawswolf's question about whether he was making a personal attack on someone by calling them "retarded," saying "yes." Note: "Retarded" is an English word traditionally used to refer to people with intellectual disabilities. However, this word is considered disrespectful and derogatory in modern usage and has been phased out in many places....

On October 29th, the Major League Soccer (MLS) partnered with cryptocurrency digital collectible company Sweet to launch a new NFT collectible platform called MLS QUEST on the Sui network. MLS fans and collectors will be able to mint video-based sports memorabilia on Sui, which includes digital assets authorized by the MLS and the MLS Players Association. Fans can trade, sell, gift, and use their badges to complete game missions, level up, and unlock rewards....

the White House stated that US President Biden will participate in early voting for the election on Monday....

On October 28th, according to Kaito AI data cited by the host of the encrypted program The Rollup, Ethereum co-founder Vitalik Buterin ranked first with 1.69% of the "thought leader mindshare" in the past seven days, followed closely by Helius Labs CEO Mert Mumtaz with 1.18%....

Musk replied to a tweet from DogeDesigner, a UX/UI graphic designer for Dogecoin and My Doge wallets, on social media, saying "Foundation -> Terminus"....

On October 28th, Cardano founder Charles Hoskinson discussed Bitcoin and BitcoinOS (BOS), which is a smart contract operating system designed for Bitcoin, aimed at providing advanced functionality and seamless interoperability. In a recent partnership announcement, Cardano and BOS teamed up to integrate Grail bridging, thus establishing a connection between Cardano DeFi and the $1.3 trillion liquidity of Bitcoin....

On October 28th, DeFund, a Sovereign Rollup project, will airdrop its native token D to Celestia for pledging users. In addition, users who provide liquidity to specific TIA pools on Osmosis will also be eligible....

MicroStrategy co-founder Michael Saylor revealed data on X platform showing that the company's stock successfully surpassed heavyweight stocks such as Amazon (AMNZ) and Alphabet (Google's parent company) in terms of trading volume on Friday. Michael Saylor wrote, "Bitcoin makes the Magnificent 8."...

Chen Haolian, Deputy Director of the Hong Kong Financial Affairs and Treasury Bureau, plans to complete the second round of public consultations on the regulation of off-exchange trading (OTC) of virtual assets next year. He will also propose a proposed licensing system for regulating virtual asset custodial service providers for consultation next year to ensure that the safekeeping of digital assets conforms to international standards....

according to Hong Kong media Ming Pao, Deepa Raja Carbon, Managing Director and Deputy Chairman of the Dubai Virtual Asset Regulatory Authority (VARA), said that after experiencing turbulence, people in the virtual asset industry hope for clear regulations, which is why international exchanges are developing business in Dubai. Hong Kong and Dubai have very similar DNA, and regulatory coordination between regions is not necessary for virtual assets, but it is very important because many virtual asset fraud cases do not occur in a single region. Dubai and Hong Kong's regulatory departments are closely connected, and they appreciate the way Hong Kong regulates and handles issues. As long as the transactions or business are suitable for development in the region, they are willing to consid...

On October 27th, according to Onchain Lens monitoring, a trader missed out on a potential profit of $1 million by selling too early due to losses. The trader originally purchased 33.7 million MemesAI tokens for 20 SOL ($2,971), but panicked and sold them for 7.79 SOL ($1,139) during a price drop. Now, the value of these tokens is over $1.02 million....

Su Zhu stated in a post on X that he has gone long on ETH at $2475 and on SOL at $175....

data from Arkham shows that the top three holdings of crypto market maker GSR Markets on the Solana chain are JTO, RENDER, and TNSR, with token values of $28.05 million, $3.77 million, and $2.86 million, respectively....

Christian, co-founder of the NDV crypto fund and NFT whale, announced on X platform that he will participate in the Cattelan banana auction at Sotheby's. If successful, he will represent the Cheems (@LordCheems_bsc) community in "feeding this masterpiece to the cute Shiba Inu Cheems." Christian also stated that spreading the memecoin revolution will be very interesting during this cycle....