StandX's DUSD airdrop sparks a gap in community expectations, drawing criticism over insufficient rule transparency.

According to monitoring by Onchain Lens, the Ethereum Foundation has just sold ETH worth $6.42 million. The institution converted 2,785 ETH (approximately $6.42 million) to USDS via CoWSwap.

Bank of Japan will hold its monetary policy meeting from October 29 to 30, according to Nikkei QUICK News (NQN). A survey of analysts tracking the BOJ's monetary policy, conducted by NQN between October 14 and 20, shows all respondents expect the central bank to keep its policy rate unchanged at the current 1.25%. Over 80% of respondents anticipate the next rate hike will take place in December. (Source: Jinshi)

The Wall Street Journal has run full-page paid advertisements over the past two days, themed "YOUR STOCK. THEIR TOKENS. YOUR PROBLEM." (translated as "Notice to CEOs of listed companies: Your stock, their tokens, your problem") to alert the public to the risks of stock tokenization. The ad was funded by Common Sense Leadership Fund, a U.S. conservative non-profit organization, and aims to warn that the crypto industry will tokenize company shares in "unregulated venues", listing eight key risks: pricing deviations, ambiguous ownership, impaired capital raising, cyber theft, market manipulation, anti-money laundering (AML) vulnerabilities, lack of investor protection, and potential legal liability. Earlier reports noted that a total of 22 companies, including giants such as Microsoft, Goldman Sachs, McDonald’s, and Alphabet, raised objections. The document outlined relevant rules for the cooperation project between OKX and ICE, and listed the objecting companies, but did not specify the exact reasons for their opposition.

According to Lookonchain’s monitoring, Abraxas Capital’s two hedge accounts on Hyperliquid have collectively generated profits exceeding $353 million, and currently hold short positions valued at more than $1.29 billion.

Abraxas Capital's 2 hedging accounts on Hyperliquid have made over $353M in total profit! They currently hold over $1.29B in short positions.

According to Coinglass data, Bitcoin once again dipped below the $80,000 mark today. That said, funding rates on major centralized (CEX) and decentralized (DEX) crypto exchanges show the market’s bearish momentum is easing, with rates overall still holding in the neutral range; specific funding rates are detailed in the attached chart. BlockBeats Note: The funding rate is a mechanism set by cryptocurrency trading platforms to align contract prices with underlying asset prices, typically used for perpetual contracts. It is a fund exchange between long and short traders—platforms do not collect this fee, instead using it to adjust the cost or returns of traders holding contracts, ensuring contract prices stay close to their underlying assets. A 0.01% funding rate is the benchmark. A rate above 0.01% signals broad bullish sentiment, while a rate below 0.005% indicates widespread bearishness.