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In fact, it will take us several years to obtain a validity proof for Ethereum consensus.

The Federal Reserve held its first Payments Innovation Summit, discussing the application of stablecoins, tokenized assets, and DeFi in the payments sector. The conference proposed establishing Federal Reserve accounts with limited access to reduce risks and explored how to make traditional systems compatible with blockchain. Cryptographic technologies are now becoming a central topic in payment discussions, and institutional investors may prioritize assets like bitcoin and ethereum. Summary generated by Mars AI. The accuracy and completeness of this AI-generated summary are still being iteratively improved.

The role of cryptocurrency in Argentina has fundamentally changed.


- 01:26A smart money address plans to switch to shorting ETH around $4914.9According to Jinse Finance, on-chain analyst Ai Aunt (@ai_9684xtpa) has monitored that a smart money address, which previously went long on ETH with 25x leverage after the flash crash on October 11, has now set a take-profit plan. This address expects to open short positions at $4,914.9, which is near ETH's all-time high. The address has placed a total of 29,713.8152 ETH sell orders in the $4,190 to $5,555.5 range. The specific strategy is as follows: currently holding 15,689.44 ETH long positions; gradually taking profits as ETH rises to the $4,190 to $4,914.9 range; once ETH breaks above $4,914.9, short positions will be opened. If the price rises to $5,555.5, up to 14,024.37 ETH short positions will be opened, valued at approximately $77.91 million.
- 01:26Ant Group applies for registration of multiple Web3-related trademarks such as "ANTCOIN" in Hong KongOn October 27, according to the Hong Kong Economic Times, Ant Group has applied to register multiple trademarks in Hong Kong related to virtual assets, stablecoins, and the blockchain sector, including "ANTCOIN." Industry insiders believe this move may be an early-stage layout for its fintech and Web3 business directions, aiming to expand into new business areas beyond the traditional payment system.
- 01:17Data: Whale plans to take profit at $4,914.9 and go short, with a total of nearly 30,000 ETH in pending ordersAccording to ChainCatcher, as monitored by crypto analyst Ai Yi, the "whale who went 25x long on ETH after the 1011 flash crash" has set up take-profit and reverse shorting plans within a certain range. This address currently holds 15,689.44 ETH long positions and has set up staggered take-profit orders in the $4,190 to $4,914.9 range. Once ETH breaks above $4,914.9, the whale will gradually establish short positions. If the price rises to $5,555.5, it is expected that up to 14,024.37 ETH short positions will be opened, worth approximately $77.91 million.