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BlockBeats reported on October 20 that Evgeny Gaevoy, founder of crypto market maker Wintermute, stated during The Block's podcast that, "During the '10.11' crash, there was a serious inventory issue in the DeFi market. Our positions were on a certain exchange, but we couldn't transfer them out, so we sold everything we could on DeFi, and bought everything we could on that exchange, but couldn't complete the asset transfer, resulting in a liquidity imbalance." Gaevoy said that although arbitrage could be done through lending or cross-market pricing, the risks were high and the operations were complex. In this incident, many competitors' risk control systems triggered circuit breakers and suspended DeFi trading. Nevertheless, he expressed satisfaction with his team's performance, saying, "Although we could have made more money, we did indeed run out of inventory."

BlockBeats News, October 20, according to local Japanese media reports on Sunday, the Financial Services Agency (FSA) of Japan is considering allowing domestic banks to trade and hold cryptocurrencies. The FSA plans to discuss whether to reform the current regulatory guidelines—which currently prohibit domestic banks from holding digital assets due to their excessive price volatility. The goal of this policy reform is to establish a system that enables banks to buy and sell cryptocurrencies in the same way they trade stocks and government bonds. According to the report, the FSA also plans to formulate corresponding regulatory measures to mitigate the financial risks that may arise from this potential policy update. The FSA is expected to discuss this reform proposal at the upcoming Financial System Council meeting. This council serves as an advisory body to the Prime Minister of Japan. In addition, the FSA is also considering allowing banks to register as cryptocurrency trading platforms, thereby creating a more convenient environment for retail investors to participate in the crypto market through trusted banking institutions. Meanwhile, the FSA is also working to make the digital asset trading market fairer. According to reports, the agency plans to submit an amendment that explicitly prohibits trading based on non-public information, and violators will face economic penalties proportional to their illegal gains.