On October 23rd, Celestia Labs announced the concept verification of the Mammoth Mini test network, with an average unlicensed data throughput of 27 MB/s. Many improvements of Mammoth Mini (such as FBSS) have completed the research phase and entered the design phase, while others (such as Vacuum! and the redesigned QUIC-based p2p stack) are in the prototype and MVP stages and undergoing iterative improvements. The core developer community hopes to propose these improvements when they are ready for deployment in 2025.

According to Bloomberg, options traders in the crypto market are increasingly betting on bitcoin reaching new highs by the end of November. The $75,000 strike price has the highest open interest for options expiring on November 8, indicating a significant area of focus for the market during that time. Despite the upcoming U.S. presidential election, some traders believe that bitcoin will surpass its previous highs in the coming weeks. The rise in stablecoin liquidity and bitcoin transactions in October may contribute to this bullish sentiment.

According to an anonymous source it is expected that Trump will record an interview with podcast giant Joe Rogan on Friday. The interview will take place in Rogan's studio in Austin, Texas.

Canadian cryptographer Peter Todd, who was identified as Satoshi Nakamoto in the HBO documentary "Money Electric: The Bitcoin Mystery," has been forced into hiding. Todd claimed that documentary director Cullen Hoback used misleading evidence to come to the wrong conclusion, and that it has put him at risk of security threats, including potential kidnapping and robbery. Todd said he agreed to appear in the HBO documentary because he believed it was about the history of Bitcoin, not an attempt to uncover the truth.

Maran's Crypto, a community user, posted on social media that the bad guys have lost control and thanked CZ for reminding the community to be wary of fake "cz" accounts. They hope that CZ can regularly release content to the community. In response, CZ stated that he will do so, but for now, he wants to enjoy his quiet time.

Alliance has released a 2024 trend report on cryptocurrency startups, which provides insights into trends observed from the application data and their potential impact on the wider startup ecosystem. The key points are as follows:

Fed's Daly said: the economy is clearly in a better state. Inflation has fallen sharply, and the labor market has returned to a more sustainable track. 

On October 23rd, a dormant wallet withdrew 4.26 million TRUMP (@MAGAMemecoin) from the MEXC exchange, equivalent to approximately 13.9 million US dollars, 20 minutes ago.

Stuart Alderoty, Chief Legal Officer of Ripple Labs, said that as the US SEC prepares to appeal the decision regarding XRP with a federal judge, the agency will face another failure.In an interview, he said, "This will have a boomerang effect on the SEC. I feel good about our case in the Southern District of New York, and even better about the case in the Second Circuit."Alderoty said that when the US SEC first filed a lawsuit against Ripple and its two executives in 2020, the company publicly announced that its legal fight was "representative of the entire industry." He added that this move showed that the SEC "will take action against the entire industry."

AscendEX (formerly BitMax) will launch EUROVEGAS COIN (EVC) on August 23 at 21:00, opening the EVC/USDT trading pair and recharge is now available. The Meme Research Institute team under AscendEX (formerly BitMax) platform selects high-quality memes based on on-chain data and project background for online launch, with a high initial launch rate of 80% for Memecoin on the platform.

US prosecutors told a judge that the mastermind behind one of the largest cryptocurrency heists ever should be sentenced to five years in prison for a money laundering conspiracy related to the $6 billion hack of Bitfinex exchange.

OKLink data shows that 300,000 ETH was transferred from addresses starting with 0x701c and 0xfd89 to Coinbase deposit address 27 minutes ago, worth $791,082,004.

The sales of WLFI tokens from World Liberty Financial, the encrypted project of the Trump family, have surpassed $10 million, which is approximately 3.4% of its goal of $300 million.WLFI started selling on October 15th, offering a total of 20 billion tokens, but only sold 687 million tokens worth about $10.3 million after 14 hours. According to Etherscan data, only 6,832 independent wallet addresses hold WLFI, far lower than the 100,000+ registered users announced by the project team the day before the token was released.

ECB committee member Kazaks said that there is currently no reason not to continue with the plan to lower interest rates twice this year as previously forecasted, as the inflation trend in the euro area is consistent with expectations of further gradual rate cuts.

On October 16th, Yala announced on X platform that its testnet is now live. Through Yala testnet, users will be able to deposit YU, manage their positions, and stake YU to earn points.

Sony Group has partnered with Web3 infrastructure provider Startale to develop Soneium, an Ethereum layer-2 blockchain that prioritizes scalability, security, and decentralization while remaining user-friendly. The network will initially operate on a testnet in collaboration with Astar Network and is expected to be based on the Superchain ecosystem platform utilizing Optimism's OP Stack technology. Sony plans to use its parent company's distribution channels and existing user base to make Web3 technology more accessible to everyday consumers. Soneium will release technical documentation and tools for developers in the coming weeks, offering a testnet that aims to support high-volume applications and drive blockchain technology adoption.

Carrie Lam, the Chief Executive of Hong Kong Special Administrative Region, stated that the government will continue to promote the policy stance and guidelines of innovative financial services such as central bank digital currency, mobile payments, virtual banks, virtual insurance, and virtual asset trading applications of artificial intelligence. Measures include:

Sony Block Solutions Labs, a joint project between Sony Group and Singapore's Startale Labs, announced on Friday that it will launch a new 2-layer network called Soneium on the Ethereum blockchain. Soneium is expected to go live on the test network in the coming days and will utilize Optimism Rollup technology, which allows users to transact on the Ethereum network at lower costs. It will be built using the OP Stack of the Optimism blockchain ecosystem, a customizable toolkit that allows developers to create their own networks using Optimism's technology and connect to other networks in the ecosystem through "superchains".