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2026/10/22
Chinese Court Seeks to Confiscate 61,800 BTC from Qian Zhimin Fraud Case, UK Court Ruling Adds Complexity
With scams rising almost daily, Chinese prosecutors have made efforts to recover assets linked to one of its largest alleged investment frauds. The latter centers on the very famous Qian Zhimin case, which involves more than 40.378 billion yuan ($5.7 billion) and over 102,000 investors. For those un
China Expands Tax Workforce Amid Stricter Enforcement Measures
China's national civil service recruitment plan provides for 24,013 tax-related positions in 2027. Tax-related jobs represent more than 67% of all vacancies, compared with over 65% a year earlier. The planned hiring next year is attracting attention from businesses and wealthy families as tax compli
JPMorgan: Tech Sector to Generate $40 Billion Surplus from AI Investments in 2026
ChainCatcher report: J.P. Morgan’s latest report estimates that global publicly listed technology companies are expected to generate approximately $2.2 trillion in operating cash flow this year, with combined capital expenditures and R&D spending totaling around $1.8 trillion, leaving a surplus of a
Australia to Lift Swipe Fee Ban for Major Card Networks Effective October 1, 2026
ChainCatcher report: In its frequently asked questions regarding the final determination on retail payment regulation, the Reserve Bank of Australia (RBA) stated that abolishing surcharges on card payments for the designated card networks eftpos, Mastercard, and Visa, effective October 1, 2026, is i
Blockchain Base Layer Espresso Completes Mainnet Upgrade, Achieves 1 Million TPS in Benchmarks
ChainCatcher report: The blockchain base layer Espresso has announced the completion of its mainnet upgrade. Benchmarking shows a data throughput of 181 MB/s, equivalent to approximately 1 million stablecoin transfers per second based on an average transaction size of 180 bytes. The average transact
Tesla and SpaceX Discuss Potential Merger Amid Rising AI Revenue
Tesla and SpaceX are discussing a possible merger that would combine businesses with a total market value of about $3.5 trillion. Elon Musk told investors this week that independent directors at both companies have established special committees to examine a potential transaction. Musk said the comm
JPMorgan: Tech Sector to Generate $40 Billion AI Infrastructure Funding Surplus in 2026
Huoxing Finance reports that, on October 22, J.P. Morgan’s latest report indicates that global publicly traded technology companies are expected to generate approximately $2.2 trillion in operating cash flow this year, with combined capital expenditures and R&D spending totaling around $1.8 trillion
Solana Completes Alpenglow Consensus Upgrade
The upgrade targets how the network reaches finality, with implications for traders and developers.Solana has completed the rollout of its Alpenglow upgrade, CoinDesk reported on October 22, 2026. The upgrade touches the network's consensus layer, the underlying system validators use to agree on the
Espresso Completes Mainnet Upgrade with 1M TPS and Sub-Second Confirmations
ME News reports that on October 22 (UTC+8), blockchain infrastructure layer Espresso announced the completion of its mainnet upgrade. Benchmarks show its data throughput reached 181 MB/s, equivalent to approximately 1 million stablecoin transfers per second based on an average transaction size of 18
Over $210M in Crypto Longs Liquidated as BTC, ETH Prices Drop
Over $210 million in leveraged long positions were liquidated in the cryptocurrency market as Bitcoin (BTC) and Ethereum (ETH) experienced significant price declines. The liquidation occurred as BTC prices dropped towards $81,000 and ETH approached $2,300, suggesting a sharp deleveraging in the mark
Hyperliquid's High Profits and the Zero-Sum Reality Behind the Scenes
Original | Odaily Planet Daily (@OdailyChina)Author | Wenser (@wenser 2010)Recently, an interview article with the founder of Hyperliquid went viral. On this Bloomberg podcast, Hyperliquid’s founder Jeff described the long-term vision of this 11-person team, generating $100 million in annual revenue
Starknet Community Approves 93.5% Vote for Quantum-Resistant Layer 1 Transition
According to The Block, the Starknet community voted in a 7-day Snapshot governance poll with over 93.5% of voting power in favor of researching a transition from Ethereum Layer 2 to an independent quantum-resistant Layer 1, with more than 2,800 wallets participating. StarkWare CEO Eli Ben-Sasson st
X Layer Q3 TradeZone Processes 287M Transactions, DeFi TVL Doubles
Huoxing Finance reports that, according to Principia Labs’ “Q3 2026 Fundamental Report on X Layer,” the Ethereum Layer 2 network X Layer experienced growth in on-chain activity and DeFi ecosystem scale during the third quarter. TradeZone processed approximately 287 million cumulative transactions, 2
Starknet Community Approves Post-Quantum Research with 93.5% Support
Starknet token holders overwhelmingly approved research into converting the Ethereum Layer 2 network into an independent, post-quantum Layer 1. The initial Snapshot poll ran for seven days and ended on Thursday morning. StarkWare said the proposal received support from more than 93.5% of voting powe
Starknet Community Approves Post-Quantum Layer 1 Research with 93.5% Support
Starknet token holders overwhelmingly approved research into converting the Ethereum Layer 2 network into an independent, post-quantum Layer 1. The initial Snapshot poll ran for seven days and ended on Thursday morning. StarkWare said the proposal received support from more than 93.5% of voting powe
