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1Bitget Daily Morning Brief (October 22) | Japan’s Financial Services Agency Explores Allowing Banks to Hold and Trade Cryptocurrencies; Tether’s USDT Users Surpass 500 Million2Crypto Market Prediction: XRP Switches From Bullish to Bearish, Shiba Inu's (SHIB) Evil Zero Is Back, Who Pushed Bitcoin (BTC) Down From $110,000?3Ethereum ETFs lose $145 million as investors await inflation data
What signals emerged from the latest Fintech conference held by the Federal Reserve?
The era of confrontation has ended, and the era of dialogue has begun.
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Flash
- 01:43DEX project Bunni based on Uniswap V4 announces shutdownChainCatcher news, the DEX project Bunni based on Uniswap V4 recently announced its shutdown. Bunni stated: "The recent exploit incident has brought Bunni's development to a halt. To safely restart, just the auditing and monitoring costs alone would require a six to seven-figure sum—funds we are currently unable to afford. In addition, restoring Bunni to its pre-exploit state would require months of development and business expansion efforts, which is also beyond our capacity. Therefore, we have decided to shut down Bunni." In addition, Bunni stated that the remaining treasury assets will be distributed to holders of BUNNI, LIT, and veBUNNI. The confirmation of legal procedures is still ongoing, and specific distribution details will be announced after the legal process is finalized. Team members will not participate in this snapshot distribution. Previously, it was reported that Bunni lost about $2.3 million after being hacked.
- 01:43a16z plans to raise $10 billion to boost AI investmentChainCatcher news, according to The Information, venture capital giant Andreessen Horowitz (a16z) is raising $10 billion in new funds, of which about $6 billion will be used to invest in artificial intelligence startups and to increase its stake in companies it has already invested in. As one of the most active investors in the AI sector over the past two years, this move will further strengthen the company's investment capabilities in the AI track.
- 01:34Australia's cryptocurrency adoption stagnates, trust declines, and government accelerates regulatory reformsChainCatcher reported that according to the latest survey by Australian cryptocurrency exchange Swyftx, despite the government's comprehensive regulatory reforms, the Australian cryptocurrency market remains stagnant and public trust continues to decline. Nearly 60% of Australians said they do not trust crypto assets, an increase of 3 percentage points from last year. Young investors remain the main force in the market, with 82% of Gen Z traders reporting profits and an average gain of about 9,958 Australian dollars. The Albanese government has introduced several reforms this year, including an exchange licensing regime, a regulatory framework for stablecoins, and a bill to modernize the payment system. Swyftx CEO Jason Titman stated that once regulatory rules are officially established, it is expected that millions of Australians will enter the crypto market.