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Zcash developers confirm the NU7 upgrade will roll out in November, cutting the block time to 25 seconds.

53 minutes ago

Zcash developers have reached consensus on the NU7 upgrade, set to activate at block height 3,543,405 (estimated around November 5). The upgrade will reduce block time from 75 seconds to 25 seconds, tripling transaction confirmation speed. Additionally, 60% of fees collected per block will be removed from circulation, with plans to return these funds to miners starting February 2031, while the original block reward halving schedule remains unchanged in the interim. Furthermore, Zcash’s original privacy protocol Sprout will be permanently shut down after the upgrade; funds not transferred in time will become inaccessible. The proposal was put forward by developer Sean Bowe and approved by the Zcash Improvement Proposal (ZIP) editing team, but it still needs to be formally merged into deployment specifications and integrated into node software before it can officially take effect.

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Binance will delist PTBUSDT and MITOUSDT USDT-margined perpetual contracts.

Per an official announcement, Binance will delist the PTBUSDT and MITOUSDT U-margined perpetual contract trading pairs at 17:00 (UTC+8 time) on October 23, following the completion of their automatic liquidation.

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Aethir Announces Major ATH Tokenomics Update: Daily Burn Mechanism to Launch in November, Burn Amount Directly Linked to Network’s Real Revenue.

Aethir today announced major adjustments to its ATH token economic mechanism. Starting November 2026, the platform will daily allocate a portion of network fees to burn ATH tokens, permanently sending the burned tokens to the public burn address (0x000...dEaD). The burn volume will fluctuate based on the network’s actual computing power usage. Meanwhile, fixed platform fees will be replaced with variable network fees, with rates adjusted in real time via TWAP (Time-Weighted Average Price) to reflect market conditions: rates will decrease during weak markets, while the burn proportion will rise. The Cloud Host emission schedule remains unaffected; fees are capped and will never exceed the value of Host rewards. A burn dashboard will launch alongside the first burn, and the mechanism has passed CertiK’s audit.

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Bitget Launchpool is set to list AXIS, with users locking BGB and AXIS to unlock 1.33 million AXIS tokens.

Bitget Launchpool is set to list Axis Robotics (AXIS), with a total prize pool of 1,333,333 AXIS. The lock-up period will be open from 21:00 UTC+8 on October 21 to 21:00 UTC+8 on October 28. This round of Launchpool offers two lock-up pools, with details as follows: BGB Lock-Up Pool: Total airdrop allocation: 1,133,333 AXIS; VIP user lock-up cap: 50,000 BGB; Regular user lock-up cap: 5,000 BGB. AXIS Lock-Up Pool: Total airdrop allocation: 200,000 AXIS; Individual lock-up cap: 3,333,333 AXIS.

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40 minutes ago, Kaito's multi-sig address transferred tokens worth $2.25 million, likely linked to a large token unlock.

According to on-chain analyst Ai Yi (handle @ai_9684xtpa), Kaito’s multi-sig address transferred 8 million KAITO tokens to address 0xd21…B2629 40 minutes ago, worth $2.25 million. The intermediate address previously received 7 million tokens from the same source three months prior, and the transfer is potentially tied to the large-scale token unlock scheduled for October 20. Per Kaito’s token unlock plan, the October 20 event will see an unlock of 12.1 million KAITO tokens, representing 5.01% of its circulating market cap.

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Tesla and Meta’s earnings reports are upcoming, with over 80% of participants in OKX’s earnings season forecasting the results will beat expectations.

，据官方消息，特斯拉、Meta 将于 10 月 22 日凌晨 4:00 后（GMT+8）公布财报，当前 OKX「预言家」数据显示，分别约有 84% 和 83% 的参与用户预测两家公司业绩将超出市场预期。同时，分别约有 83% 和 80% 的参与用户预测其股价将在财报后首个完整交易日上涨。据悉，涉及特斯拉、Meta、SpaceX、奈飞的 4 个预测事件将于今晚截止。用户可通过 OKX App「星球」—「Outcomes」查看相关预测事件并参与活动，有机会瓜分「预言家第三季」总价值 25 万美元的奖池。

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UK High Court approves appeal by Chinese victims in the Qian Zhimin case over property rights to more than 60,000 Bitcoin.

According to Caixin, just four days after the UK High Court of Justice ruled that the property rights dispute over more than 60,000 bitcoins in the Qian Zhimin case is subject to Chinese law, around 16,000 Chinese victims participating in the UK asset recovery process have been granted the chance to challenge the ruling further. The UK High Court held a fresh hearing, with the judge approving the Chinese victims’ appeal against the October 12 ruling on applicable law. Lawyers from all parties also discussed issues including litigation costs related to the earlier applicable law dispute, whether the approximately 16,000 individual claimants will continue to pursue their claims, and how to opt out of the proceedings.

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