As of July 2024, the number of personal wallets using China's central bank digital currency (CBDC) e-CNY has reached 180 million, with a transaction volume exceeding RMB 7.3 trillion (approximately USD 1.02 trillion).According to Mu Changchun, director of the People's Bank of China's Digital Currency Research Institute, digital renminbi operates through account and value models, supports intelligent payment, and can be used without network or electricity, demonstrating strong adaptability and flexibility.

Trader Nachi posted on X platform stating, "It's time to update my view on WIF because some people have questioned my opinion. WIF is still one of my largest holdings, whether it's spot or perpetual contracts. Many retail investors, whales, or liquidity ask me which Meme to buy if they reconfigure their capital, and WIF has always been my top choice. This is the most suitable Meme coin to hold on Solana."

On-chain detective ZachXBT questioned Neiro's announcement of terminating its partnership with market maker Gotbit on social media, suggesting that Neiro should explain to the community why they initially chose Gotbit, as their reputation has always been poor and there was ample evidence of their market manipulation and fraudulent behavior before the US government accused them this week.

Craig Wright, also known as "Satoshi Nakamoto," filed a lawsuit on October 10 in the UK High Court against BTC Core and Jack Dorsey's payment company Square as a "self-represented litigant" without hiring a lawyer. The specific purpose of the case has not been disclosed.Craig Wright also made legal threats related to MicroStrategy on the X platform, but it is unclear whether it is related to this lawsuit.In addition, Craig Wright is currently attempting to launch three appeals in the UK, two of which are against the Cryptocurrency Open Patent Alliance (COPA).

Ithaca has completed a new round of funding of $20 million, with participation from Paradigm.

On October 11th, Santiment, a cryptocurrency market research firm, posted on social media that Bitcoin hit a low of $58,900 in the early morning, marking the lowest point in three weeks. However, market data shows that traders believe this drop is a buying opportunity and the narrative has turned bullish. In addition, US CPI data met expectations and the market still believes there will be a 25 basis point rate cut in November.

According to the latest network data, Bitcoin's computing power reached a historic high of 698 exahashes (EH/s) per second on October 10, 2024. This new record surpasses the previous record of 693 EH/s set on September 8.

Charles Hoskinson, the CEO of Input Output, talked about the recent negative sentiment towards the future development of Cardano, attributing the criticism to the impact of its new governance framework, Voltaire, which ultimately allows users to voice their concerns in a decentralized and transparent manner. Hoskinson said, "You may have noticed that the sentiment around Cardano on X has recently become more negative. This change is not a reflection of our project's failure, but rather the expected result of Voltaire."

According to CryptoQuant's data, since October 7, 2024, more than 63,000 BTC have been sent to cryptocurrency exchanges, including approximately 28,000 BTC on October 7, 23,500 BTC on October 8, and approximately 12,000 BTC on October 9.

Cross-chain interoperability protocol LayerZero has announced on Twitter that it has launched on the Unichain testnet. Developers and applications that connect to more than 90 chains can now explore Unichain through LayerZero. Earlier, Uniswap development team UniswapLabs announced the launch of its own L2 network, Unichain, which is built on Optimism's OPStack technology.

The smart contract wallet Argent has launched the Telegram Accelerator Program, which aims to connect Telegram users to Ethereum and Starknet. Currently, application channels are open and will close on November 1st. The official will fund up to 20 high-quality teams, with each team receiving $25,000 in start-up capital and up to $1 million in subsequent funding.

Tezos network equity holders Josh Jarrett and his wife Jessica Jarrett have once again filed a lawsuit against the US Internal Revenue Service (IRS) regarding the tax treatment of their tokens. In the latest lawsuit filed on October 10th in the Tennessee federal court, the Jarretts argued that the tokens they created through staking should be considered property and only taxable upon sale, not before. They believe that staking tokens involves creating a "new property" because no one else owned them before, making them similar to "a farmer's crop, a writer's manuscript, or a manufacturer's product" in that they do not generate any income before being sold.

Major French custodian bank CACEIS announced that it has supported access to native cryptocurrency money market funds (MMF) and launched a new digital asset custody architecture.CACEIS is a subsidiary of Crédit Agricole Group, with assets under management exceeding 8 trillion euros. In May of this year, the company announced the establishment of a dedicated digital asset business line and previously worked with technology company Taurus to carry out custody and tokenization business. Recently, the company also obtained a license from a Spanish digital asset service provider (DASP).

According to market data, after the "35 million US dollars fwDETH theft case" occurred earlier today, the price of Blast chain's ETH wrapped token fwDETH dropped by more than 95% to around 85 US dollars, and has since continued to rise to 700 US dollars. The 24-hour decline is still at 63.77%, and is in a severe anchor state. Earlier reports stated that a whale address suffered a phishing attack earlier today, losing 15,079 fwDETH coins, worth about 35 million US dollars. On-chain data analysis agency Lookonchain said the address may be related to Continue Capital.

Influenced by the news of Uniswap Labs launching the Layer2 network Unichain, UNI has broken through $8 and is currently trading at $8.01, with a 24-hour increase of 10.94%. The market is volatile, please exercise caution in risk control.

The market shows that SOL has exceeded $140 and is currently trading at $140.01, with a 24-hour decline of 1.06%. The market is volatile, so please be prepared for risk control.

US stock market opened with the Dow Jones falling 60 points, the S&P 500 index falling 0.28%, and the Nasdaq falling 0.5%. The US September CPI annual rate was higher than market expectations. Chinese concept stocks rose against the market, with the Nasdaq China Golden Dragon Index up 1%.

French video game company Ubisoft announced that its first game to use Web3 technology, "Champions Tactics: Grimoria Chronicles," will be released on October 23 and will be deployed on the Oasys Layer2 network Home Verse, which is a blockchain-driven Web3 gaming ecosystem.

According to Whale Alert, a chain data tracking service, at around 9:03 am Beijing time, a certain dormant Bitcoin address was activated, containing 100 Bitcoins and a floating profit of nearly 6 million US dollars.

The Trump family's encrypted project World Liberty Financial (WLFI) has released its vision, which aims to become a one-stop service platform for DeFi. It combines the leading technology of the blockchain industry with strategic partnerships and extensive distribution channels to achieve large-scale adoption. WLFi will also launch a governance platform to help shape the protocol through governance. In addition, WLFi plans to run independent "instances" on Ethereum and Scroll, subject to approval by the WLFi governance platform.