Yann Allemann stated that some investors have unrealistic expectations regarding stablecoin yields.

The U.S. Federal Election Commission (FEC) was hacked, disrupting campaign finance disclosures in the week leading up to the midterm elections (Source: Reuters).

[JPYC Stablecoin Marks One-Year Anniversary with Over 12 Billion Yen Issued] Data from JPYC Corporation shows that the Japanese yen stablecoin JPYC has been in operation for one year, with a cumulative issuance exceeding 12 billion yen, a circulating supply of approximately 3 billion yen, and over 28,000 accounts opened. Currently, JPYC is integrated with over 150 physical stores and e-commerce merchants, covering Ethereum, Avalanche, Polygon, and Kaia blockchains. LINE NEXT's Unifi wallet and au PAY wallet support JPYC, Sony Bank has reached a basic consensus on business cooperation, and AZ-COM Maruwa Holdings plans to use JPYC to pay fees to approximately 2,300 partner companies. (Source: CoinPost)

[Japanese Bitcoin Industry Raises 800 Million Yen in Funding, Partners with ANAP to Develop Lightning Network] A Japanese Bitcoin industry group has raised 800 million yen through in-kind BTC funding, with the offering going to Fulgur and ANAP Lightning Capital. Delivery is expected to be completed on November 2nd. The company has signed a cooperation agreement with ANAP Lightning Capital to leverage its BTC liquidity to jointly build Lightning Network routing infrastructure and advance the development of the Lightning payment service Aurora. Fulgur is the Japanese branch of Fulgur Ventures, which previously led a $210 million funding round for Blockstream; ANAP Lightning Capital is a subsidiary of ANAP. (Source: CoinPost)

[South Korean Police Launch Pre-Investigation into Hacks on Securities Firms and Cryptocurrency Exchanges] The National Investigation Headquarters of the Korean National Police Agency launched a pre-investigation on the morning of October 28 into hacks targeting securities firms and cryptocurrency exchanges. The investigation is being handled by the team specializing in serial hacks in the financial industry. Recently, Daishin Securities suffered a data breach affecting 38,500 customers, Bithumb confirmed a data breach affecting its employees, and Future Asset Management suffered a data breach affecting some of its business systems. Previously, 16 financial institutions, including KB Kookmin Bank, were hacked, resulting in the leakage of approximately 100,000 pieces of personal information. Police will investigate the connections between the cases. (Source: Yonhap News Agency)

The popularity rankings show that AIN's popularity has decreased by 70,000 compared to yesterday, but it still ranks first. The popularity rankings are as follows: ① AIN （$0.1534，11.32%） ② DEATH （$0.002111） ③ BABY ($0.000004972, 15.52%) ④ ETH （$2369.34，2.52%） ⑤ JCT （$0.007803，10.85%） AIN saw strong buying pressure from major investors, with a net inflow of $4.6579 million in the past 24 hours and a trading volume of $669 million, of which $3.0522 million was from major investors.