[Coinbase: Acquisition of Crypto Investment Platform Echo Costs $375 Million] Coinbase announced the acquisition of crypto investment platform Echo for $375 million, aiming to expand its cryptocurrency investment services sector. (Watcher.Guru)

[Temporary Service Interruption on opBNB Network May Affect Exchange Deposits and Withdrawals] On October 21, BNB Chain officially announced that the opBNB network experienced a temporary service interruption, affecting the security confirmation status and finality status, which may cause anomalies in deposits and withdrawals on centralized exchanges. The technical team is working diligently to investigate the issue, and updates will be provided promptly once resolved.

[Decrypt: North Korean Hackers Use Blockchain to Conceal Malware] A Google report reveals that North Korean hackers are hosting malware on Ethereum and BNB blockchains using the 'EtherHiding' technique. This method leverages the decentralized nature of blockchains to evade traditional security monitoring. Previously, North Korean hacker groups have been accused multiple times of engaging in cyberattacks and cryptocurrency theft, with total amounts reaching hundreds of millions of dollars. Experts warn that such actions could exacerbate blockchain security risks, necessitating enhanced monitoring and prevention. (Decrypt)

[Glassnode: Bitcoin Open Interest Decreases by 30%, Leverage Risk Declines] Recently, Bitcoin open interest has decreased by approximately 30%, alleviating the excess leverage in the market. Funding rates are near neutral levels, indicating a significant reduction in the market's vulnerability to further liquidation shocks. Overall, market risk has decreased. (Glassnode)

[OKX to Delist Multiple Perpetual Contracts on October 24] OKX has announced that it will delist the following perpetual contracts at 4:00 PM (Hong Kong Time) on October 24, 2025: TUSDT, SLPUSDT, OLUSDT, FLMUSDT, AVAAIUSDT, PERPUSDT, DOGSUSDT. Trading will cease, and all open orders will be canceled. The settlement price will be the arithmetic average of the OKX index in the hour prior to delisting. No funding fees or settlement fees will be charged during settlement. Users are advised to manage risks in advance. Accounts with a position value exceeding $10,000 will have temporary restrictions on asset transfers after settlement, which will return to normal after 30 minutes.

According to the popularity ranking, the popularity of Binance Life has increased by 410000 followers compared to yesterday, ranking first. The popularity ranking is as follows: ① Binance Life ($0.3115) ② COAI （$6.70，26.18%） ③ BIO （$0.09204，-27.01%） ④ MLN （$9.77，-17.41%） ⑤ ETH （$3870.03，-4.20%） The main selling force of Binance Life's funds is average, with a net outflow of $230800 within 24 hours and a transaction volume of $208000 within 24 hours, of which the main net inflow is $0.00.

[Upbit to Resume NOM Token Deposit and Withdrawal Services on October 21] Upbit announced the completion of the NOM token swap and brand revamp and will resume NOM deposit and withdrawal services on October 21, 2025, at 19:00 (Hong Kong Time). The minimum deposit and withdrawal amounts are 50 NOM and 70 NOM, respectively, with a withdrawal fee of 70 NOM. Users should note that depositing NOM from exchanges that have not completed the token swap may result in delays or additional fees.

[U.S. Crypto Industry Alliance Sends Letter to CFPB Opposing Bank Data Access Fees] On October 21, multiple U.S. crypto institutions, fintech companies, and retail organizations jointly sent a letter to the Consumer Financial Protection Bureau (CFPB), opposing the proposal by major banks to charge fees for data access. The alliance urged the preservation of consumers' rights to freely share financial data under Rule 1033, ensuring the connection between bank accounts and platforms such as crypto exchanges and stablecoin wallets. The alliance warned that banks' attempts to limit the scope of consumer representation and impose additional fees would weaken market competition, hinder financial innovation, and potentially cause the U.S. to fall behind other countries in the field of open banking. The letter emphasized that open banking rules are critical to the financial ecosystem and called on the CFPB to resist banks' attempts to charge fees for financial data access.

[Indian Enforcement Directorate Freezes $270 Million in Crypto Assets Linked to OctaFX Scam] The Indian Enforcement Directorate (ED) has frozen cryptocurrency assets worth ₹23.85 billion (approximately $270 million) linked to the OctaFX scam, bringing the total value of seized and frozen assets in the case to ₹26.81 billion. The main suspect, Pavel Prozorov, has been arrested in Spain, and India is advancing extradition proceedings. Investigations revealed that OctaFX lured investors through unauthorized forex trading platforms, defrauding Indian investors of ₹18.75 billion between July 2022 and April 2023, and funneled the funds through shell companies and cryptocurrency channels. Previously, the ED had seized physical assets such as yachts and luxury homes. This latest freeze on cryptocurrency assets further uncovers new pathways for money laundering.

Binance announces the launch of the HODLer airdrop event, introducing the Turtle (TURTLE) token, a liquidity allocation protocol. The airdrop is scheduled for 2025-10-22 23:00 (UTC+8). Trading for the token will open on 2025-10-22 23:00 (UTC+8), supporting trading pairs such as TURTLE/USDT, TURTLE/USDC, TURTLE/BNB. After the airdrop concludes, TURTLE will be available for spot trading, deposit services, algorithmic orders, and other services, with an expected launch time of 2025-10-22 23:00 (UTC+8). Notes: - Users must complete KYC and reside in eligible regions; certain regions are excluded. - Participants in the HODLer airdrop must hold at least 0.01 BNB during the snapshot period. - TURTLE will be transferred from Binance Alpha accounts to spot accounts for trading.

Bitget VIRTUAL/USDT perpetual trading volume surged 61 times within 10 minutes, with a turnover of 4.86 million US dollars in the past 24 hours, a decrease of 4.48% A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements. According to AiCoin data, the comprehensive ranking of Bitget contracts ranks fourth globally

[Digital Currency Becomes a Strategic Tool in Geopolitical Competition, Bitcoin's Role as a 'Non-Sovereign Asset' Strengthened] An article published in *Study Times* analyzes how digital currency is becoming an important strategic tool in geopolitical competition, profoundly influencing wartime cross-border capital flows and resource mobilization models. Leveraging blockchain's decentralized and distributed ledger technology, digital currency can ensure the security and integrity of transaction data, with its characteristics potentially determining success or failure in military operations. Although Bitcoin has not fully demonstrated the safe-haven properties of gold, its decentralized nature has strengthened its role as a 'non-sovereign asset.' Historical data shows that after the outbreak of geopolitical conflicts, cryptocurrency prices typically experience volatility and quickly rebound, showcasing sensitivity to conflict-related information and strong adaptability. In wartime environments, the resilience of digital currency holds significant importance for the functioning of warzone economies, livelihood protection, and capital preservation.

[Cobo Becomes a Global Partner of Google AP2, Driving the Implementation of AI Agent Payment Applications] Digital asset custody and wallet infrastructure provider Cobo has announced its partnership with Google Agent Payments Protocol (AP2) as a global partner. Together with partners in the global payments and technology sectors, Cobo will promote the practical application of the A2A (Agent-to-Agent) communication protocol in AI Agent payments. AP2 is an open payment standard launched by Google to advance the Agent Economy, derived from the A2A communication protocol. This protocol regulates AI agent payment behavior through encrypted signature-based mandates, supporting multi-rail payment methods such as credit cards, bank transfers, and x402 stablecoins. It ensures transaction security, accountability, and the generation of auditable evidence chains. Cobo plans to launch a series of AP2-based application solutions in the first quarter of 2026.

[MGBX to Launch ZBT and RVV Spot Trading] To further enrich the variety of trading options on the platform and enhance user trading experience, MGBX will officially launch the following spot trading pairs on 2025-10-21. Schedule: Deposit Opening Time: 2025-10-21 17:00:00 (SGT) Trading Opening Time: 2025-10-21 18:00:00 (SGT) Withdrawal Opening Time: 2025-10-24 19:00:00 (SGT) Trading Pair Details: ZBT/USDT RVV/USDT For more trading opportunities, please visit 'Quick News Updates.' Data sourced from MGBX, for informational purposes only and does not constitute any investment advice.

[Guangdian Huitong Hong Kong Obtains MSO License, Plans to Optimize Cross-Border Settlement Using Blockchain Technology] Guangdian Huitong (Hong Kong) Co., Ltd., a subsidiary of GRG Banking, has officially obtained the Money Service Operator License (MSO License) issued by the Hong Kong Customs. The company plans to leverage GRG Banking's expertise in digital technologies such as artificial intelligence, blockchain, and big data to further enhance the intelligence and security of cross-border fund settlement and foreign exchange services, providing more efficient financial services to its customers.

[Wyoming Completes FRNT Stablecoin Multi-Chain Deployment Test, Covering Seven Blockchains] On October 20, Wyoming completed the multi-chain deployment test for the FRNT stablecoin, with a total of 700,000 tokens distributed across seven major blockchains, 100,000 tokens deployed on each chain. The blockchains covered in the test include Ethereum, Solana, Avalanche C-Chain, Arbitrum, Optimism, Base, and Polygon. This marks Wyoming's first major on-chain activity since the issuance of the FRNT stablecoin in August this year, signifying further exploration in the application of blockchain technology. Wyoming has also become the first state in the United States to issue a government-backed stablecoin, a move that may drive the development of blockchain technology applications in the public sector.

[UBS Expects Bank of Japan to Raise Interest Rates in the Coming Months] UBS Chief Japan Economist stated that the Bank of Japan is highly likely to raise interest rates in the next few months, with a forecasted 25 basis point hike in January, and a possible rate hike in December as well. Currently, Japan's real interest rate is negative, the financial environment remains loose, and inflation dynamics support reducing easing policies. Long-term inflation expectations may rise to 2.0%. Additionally, the government may push for fiscal expansion, further increasing inflationary pressure.

[Japan Plans to Allow Banks to Hold Bitcoin, Potentially Reshaping Its Position in Digital Finance] On October 21, Japan's Financial Services Agency plans to promote banks holding digital assets such as Bitcoin and allow them to register as cryptocurrency exchanges. If the bill passes, it will end the related ban in place since 2020. This move aims to provide banks with new investment channels while establishing a risk protection framework, enhancing Japan's position in the global digital financial system. Meanwhile, Sanae Takaichi is set to become Japan's first female prime minister, and her economic policies have sparked market enthusiasm, with the Nikkei Index hitting new highs for two consecutive days. Analysts believe that policy liberalization and political transition may usher in a new cycle for Asian asset structures. The future focus will be on regulatory details and the pace of banks entering the market.

[Japan Plans to Allow Banks to Hold Bitcoin, Potentially Reshaping Global Digital Finance Status] On October 21, Japan's Financial Services Agency plans to promote the legalization of banks holding digital assets such as Bitcoin and allow them to register as cryptocurrency exchanges. If this reform is passed, it will end the related ban in place since 2020, enabling banks to include crypto assets in their investment portfolios. Regulators will establish a risk protection framework to ensure financial stability. This move is seen as a significant step in Japan's positioning within the global digital financial system. Meanwhile, Sanae Takaichi is set to become Japan's first female prime minister, and her new policies have sparked market optimism regarding low interest rates and industrial investment. The Nikkei Index has hit record highs for two consecutive days. Analysts believe that Japan's financial policies and political changes may usher in a new cycle for asset structures in Asia.

[SpaceX Transfers $268 Million BTC to Two Addresses] Monitoring shows that SpaceX has transferred approximately $268 million worth of Bitcoin again after three months. Among them, 1,187 BTC were sent to address bc1qq...4sduw, and 1,208 BTC were sent to address bc1qj7...6kqef. In July, similar transfer recipient addresses were previously marked as Coinbase Prime Custody addresses, possibly indicating a wallet organization operation this time. (Ai Yi)