[Kadena Announces Immediate Cessation of Operations] Kadena has announced the immediate cessation of operations due to market conditions. Following the announcement, the price of its token KDA plummeted 60% within 90 minutes. (Cointelegraph)
[Applied DNA Sciences Initial BNB Holdings Valued at Over $17 Million, PIPE Financing Total Proceeds Reach $27 Million] Biotechnology company Applied DNA Sciences, Inc. (NASDAQ: APDN) announced the completion of its previously led private investment in public equity (PIPE) financing by DeFi and TradFi investors. This PIPE financing brought the company approximately $27 million in total proceeds, including $15.3 million in cash and stablecoins, as well as $11.71 million worth of OBNB trust units. The company received a total of 435,638 trust units, which represent underlying ownership of 10,647 BNB tokens. Additionally, the company announced the purchase of an additional 4,908 BNB tokens, with an estimated total value of $5.3 million as of 10:00 PM Eastern Time on October 20, 2025. Through the exercise of warrants, the company may potentially gain up to an additional $31 million in proceeds in the future.
[The Federal Reserve Plans to Ease Capital Increase Requirements for Large Banks] The Federal Reserve has proposed a plan to significantly ease the requirements for capital increases for large banks. This move could have profound impacts on the capital structure of the banking industry and market liquidity. Specific details have not yet been disclosed, and the market remains highly attentive to the potential impact of this plan.
[iShares Bitcoin ETP Adds 1.13 Million Securities] iShares Digital Assets AG has issued the third batch of shares for its Bitcoin ETP, totaling 1.13 million shares, bringing the total to 61.53 million shares. The new batch of securities will be traded on the London Stock Exchange on Thursday, October 23, under the stock code IB1T, with an issue price of $11.00 per share.
[Arthur Hayes: Japan's Economic Stimulus Could Push Bitcoin Price to $1 Million] Japanese Prime Minister Sanae Takaichi has announced a comprehensive economic stimulus package aimed at alleviating the impact of inflation on households, including subsidies for electricity and gas costs as well as regional grants. This policy is believed to potentially drive more funds into the Bitcoin market. BitMEX co-founder Arthur Hayes stated that the Bank of Japan may further issue fiat currency, which could propel Bitcoin's price to $1 million. He wrote on the X platform that this reflects Japan's strategy of printing money to address rising food and energy costs, which could also lead to yen appreciation. Hayes previously predicted that the Bank of Japan's shift to quantitative easing would become a significant catalyst for Bitcoin and other risk assets. The Bank of Japan's next monetary policy meeting is scheduled for October 29, with analysts expecting a potential 0.75% interest rate hike in early 2026.
[Liechtenstein Sovereign Blockchain Network LTIN Officially Launched] On October 22, Liechtenstein Telecom launched the sovereign-level blockchain infrastructure LTIN, officially commencing operations. The network is built in accordance with the Liechtenstein Blockchain Act (TVTG) and the EU Markets in Crypto-Assets Regulation (MiCAR), focusing on providing secure and compliant blockchain services. The first batch of partners includes Bank Frick, Bitcoin Suisse, Solstice, and Zilliqa, aiming to support critical mission-oriented application scenarios for enterprises and institutions.