Today's Highlights
1. Ethereum schedules Glamsterdam upgrade on Hoodi testnet
2. Terra Classic Core v4.1.1 upgrade addresses transaction bug
3. BOSS Summit Winter 2026 to be held in Jaipur from October 26
4. Ethereum gas limit to increase from 60M to 200M
5. Node operators must update clients before Ethereum upgrade
Macro News
South Korea Delays Cryptocurrency Tax Policy Again
South Korea has postponed its cryptocurrency tax policy, originally set for January 2027. The policy, which imposes a 22% tax rate on virtual asset gains after a 250,000 KRW exemption, has been delayed for the fourth time since its initial proposal in 2020.
SEC Increases Scrutiny on Tokenized Securities
The U.S. Securities and Exchange Commission (SEC) has added tokenized stocks to its "heightened scrutiny" list for fiscal year 2027. This category also includes AI and quantum computing sectors.
Canada Expands Grid Strategy Amid Trade Tensions
Canada announced a national electricity strategy to double the grid by 2050, focusing on east-west connections. The plan is part of broader efforts amid escalating trade tensions with the United States.
Jiangsu Universities to Distribute Salaries via Digital RMB
Starting in November 2026, Jiangsu universities will distribute staff salaries using digital RMB wallets. Employees must complete wallet setup by October 23-30 to ensure smooth implementation.
NEAR ETF Sees $5.22M Inflows in Latest Week
Bitwise’s NEAR Protocol ETF recorded $5.22 million in net inflows for the week, marking the fourth consecutive week of strong investor interest in the asset.
Industry Hotspots
HSBC RedCoin Surpasses 80M in Circulation
HSBC’s Hong Kong dollar stablecoin, RedCoin, reached a circulation of 80.81 million HKD within two days. The stablecoin is backed by full cash reserves and is available to PayMe users for transactions at 100,000 merchants.
Israeli Government Explores Blockchain for Sanctions Planning
Israeli Prime Minister Benjamin Netanyahu requested a plan utilizing blockchain technology to prepare for potential economic and banking sanctions. The proposal is currently in the early planning stages.
OpenAI Discovers Critical Brotli Vulnerability
OpenAI identified a critical vulnerability in Google's Brotli compression library (CVE-2026-111497), which affects widely used software including Node.js and Python. The flaw could allow denial-of-service attacks.
Finch Launches Bounty Tasks with TOCO Partnership
Agent platform Finch has partnered with TOCO to launch bounty tasks offering $1,000 in rewards. The initiative aims to drive engagement and growth within the AI and crypto ecosystem.
Trader with 100% Win Rate Buys 26,974 ETH
A trader with a 100% win rate has purchased 26,974 ETH, valued at $63.88 million, with an unrealized profit of $842,000. The trader previously earned $3.3 million from NEAR transactions.
KOL and Institutions
@blknoiz06
Three crypto voices accurately predicted Bitcoin’s price movements this week, with Bitcoin hitting $84,752 and $81,000 as forecasted. However, predictions for $90,000 by Sunday did not materialize.
@elonmusk
Internet Computer (ICP) processed 256.5 million transactions in 24 hours, an average of 2,969 per second. The network operates across 42 subnets, 618 node machines, and 92 data centers globally.
@BTC_NewsBot
Bitcoin price is currently $80,439, down 1.00457% in the last 24 hours. The 24-hour trading range is between $79,263 and $81,417, with a 7-day decline of 1.21786%.
@TOPDOGE007
AI is expected to disrupt entire industries by displacing millions of jobs, which may impact consumer spending and business profitability. While AI creates opportunities, it also poses significant economic challenges.
@Crypt0Senseii
Solana has launched its Alpenglow upgrade, significantly improving transaction finality from 12.8 seconds to 150 milliseconds. The upgrade replaces the consensus system used since 2020 and enhances network efficiency.
@DamiDefi
TRON leads L1 blockchains in monthly revenue with $23.85 million. Ethereum and Solana follow with $6.04 million and $3.32 million respectively, highlighting TRON’s strong on-chain value capture.
@SnowyDeFAI
Current market snapshot shows Bitcoin at $80,821, Ethereum at $2,361.25, and Solana at $102.39. The market remains volatile, with sharp price movements across major assets.
Litecoin Protocol
Litecoin is set to undergo its next halving, reducing block rewards from 6.25 to 3.125 LTC. The event will occur at block height 3,360,000, with no fixed calendar date for the reduction.
@BitcoinHopium
Crypto markets are experiencing a sharp downturn, with Bitcoin below $80,000, Ethereum at $2,350, and Solana under $100. Over $200 million in leveraged long positions have been liquidated in the past 24 hours.
@AshDavidsonUK
Despite numerous global crises, the S&P 500 has historically delivered average annual returns of around 10%. Long-term investors should remain focused on fundamentals rather than short-term volatility.
This content is generated by AI for informational purposes only and does not constitute investment, financial, or trading advice.