Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, mining information, project updates, technological developments, and other industry dynamics. This article is part of the News Weekly section, providing an overview of the week's major blockchain industry events. Headlines: Bitcoin whale transfers out another 3,000 BTC, still holding 24,300 BTC. According to MLM monitoring, the Bitcoin whale who previously made a high-profile ETH swap has just transferred 3,000 BTC (approximately $320 million) to a new wallet. Three days ago, he performed a similar operation, transferring 2,000 BTC (approximately $222 million) to the new wallet. These coins were subsequently dispersed to multiple wallets suspected of being associated with centralized exchanges and OTC platforms.
Currently, he still holds 24,300 BTC in his wallet, equivalent to approximately $2.6 billion at current prices. Binance banned over 600 accounts for Alpha cheating last week. According to an official announcement, Binance remains committed to protecting the rights of its users and providing them with a fair and equitable Alpha platform. After review by the team, over 600 accounts were banned last week for using illegal third-party tools. We sincerely invite the community to participate in oversight and actively report any suspected fraudulent and illegal activities to build a safer and more transparent platform.
Effective immediately, any account found to have used illegal third-party tools or otherwise violated the terms and conditions of the Binance exchange, Binance Wallet, or Binance Alpha will be permanently disqualified from participating in any Binance events and will forfeit all earnings from Alpha events. As an incentive, the first user to successfully report an incident verified by the platform will receive a portion of the account's recovered profits (up to 50%) as a reward. ▌China's AI patents account for 60% of the world's total, making it the world's largest holder of AI patents. At a sub-forum of the 22nd Shanghai International Intellectual Property Forum, Cui Lingling, General Manager of Baidu's Patent Affairs Department, stated that my country's AI patents account for 60% of the world's total, making it the world's largest holder of AI patents. More and more innovators are actively investing in the AI field, and China's technological innovation and iterative vitality are constantly increasing. (Golden October) OpenSea CEO: Plans to Launch SEA Tokens in Q1 2026 OpenSea CEO @dfinzer announced plans to launch the SEA token in Q1 2026. 50% of the supply will be allocated to the community, with over half allocated through initial claims. Both OGs and participants in the OpenSea rewards program will receive meaningful rewards. Additionally, 50% of the revenue generated at launch will be used to purchase SEA.
The launch of SEA will provide greater utility, with deep integration within OpenSea, including the ability to stake SEA against users' favorite tokens and collectibles. Previously, OpenSea was transitioning to a crypto trading aggregator, with crypto trading volume reaching $1.6 billion so far in October. Some of Asia's earliest and most prominent Ethereum supporters plan to acquire a Nasdaq-listed company and launch a $1 billion Ethereum digital asset treasury (DAT). Participating in the initiative include Huobi founder and Avenir Capital Chairman Li Lin, Fenbushi Capital founder Shen Bo, HashKey Group CEO Xiao Feng, and Meitu founder Cai Wensheng. Avenir, which manages over $1 billion in assets, has reportedly committed $200 million. Investors such as Sequoia Capital have also pledged hundreds of millions of dollars in support. Japan's Financial Services Agency (FSA) is preparing to review regulations that could allow banks to acquire and hold cryptocurrencies such as Bitcoin for investment purposes. This would represent a significant policy shift as current regulatory guidelines, revised in 2020, effectively prohibit banks from holding cryptocurrencies due to volatility risks. The FSA plans to discuss the reforms at a Financial Services Committee meeting. The reforms aim to align crypto asset management with traditional financial products such as stocks and government bonds. The FSA will also explore a framework for managing crypto-related risks. If approved, the agency could impose capital and risk management requirements before allowing banks to hold digital assets. Furthermore, the FSA is considering allowing banking groups to register as licensed "cryptocurrency exchange operators" to provide trading and custody services. Japan's crypto market is growing rapidly, leading the FSA to seek to transfer crypto regulation from the Payment Services Act to the Financial Instruments and Exchange Act in early September to strengthen investor protection. Meanwhile, Japan's three largest banks have teamed up to issue a yen-pegged stablecoin, and the Securities and Exchange Surveillance Commission plans to introduce new regulations prohibiting and penalizing insider trading in crypto. (Cointelegraph) SEC Chairman: The US is ten years behind in the cryptocurrency field, and catching up is a top priority. SEC Chairman: The US is ten years behind in the cryptocurrency field, and catching up is a top priority.
▌ECB President: Europe must establish its own digital asset market to maintain financial stability
According to Bloomberg analyst *WalterBloomberg, market news released, European Central Bank President Piero Cipollone said that Europe must establish its own digital asset market to maintain financial stability. He supports the use of digital euros for daily payments and warns that stablecoins could weaken banks and monetary policy if deposits shift to foreign tokens. While stablecoins can facilitate cross-border payments, he pointed out that Europe already provides fast and secure central bank funds transfer services. According to Bloomberg, Thai and Singaporean authorities are investigating Cambodia's Prince Holding Group, whose chairman has been sanctioned by the United States and the United Kingdom for fraud and money laundering. Thailand's Cyber Crime Investigation Bureau will cooperate with the United States to review the relevant asset seizure procedures. The Singapore police also stated that they are investigating the case and are in contact with law enforcement agencies in other countries. According to Bloomberg, the Bank of England will launch a consultation on stablecoin regulation on November 10, with the goal of establishing a complete regulatory framework by the end of 2026. The new regulations will be closely aligned with US rules and focus on bonds backed by digital assets. The move is intended to address the financial stability risks brought about by the spread of digital currencies, but the issue is reportedly causing tensions between the central bank and the government. Vitalik: I hope more developers working on ZK (zero-knowledge proofs) and FHE (fully homomorphic encryption) will express performance as a ratio, rather than just saying "we can do N operations per second." In a post on the X platform, Vitalik stated, "I hope more developers working on ZK (zero-knowledge proofs) and FHE (fully homomorphic encryption) will express performance as a ratio (e.g., "cryptographic computation time / raw computation time"), rather than just saying, 'we can do N operations per second.'"
This approach is less hardware-dependent and provides a very useful metric: How much efficiency am I sacrificing when I change my application from "trust-based" to "cryptographic-based"?
It's also often more suitable for performance estimation because, as a developer, I already know how long the raw computation takes and can simply multiply it by the overhead ratio to estimate performance.
(Yes, I know it’s not easy because the types of operations between execution and proof are different, especially in terms of SIMD/parallelization and memory access methods, so even the overhead ratio is still partially hardware-dependent. But even so, I still think “overhead ratio” is a very valuable metric, although it’s not perfect.)”
▌Astra Nova raises $48.3 million to develop Web3 and AI entertainment ecosystem
Astra Nova, a Web3 entertainment and infrastructure company focused on artificial intelligence, has raised $48.3 million to expand its suite of tokenized content tools and creator platforms. The company develops no-code tools that enable creators to launch blockchain-based entertainment experiences.
▌Tempo, a blockchain project focusing on payment, completes US$500 million in Series A financing
Tempo, a blockchain project focusing on payment, backed by fintech giant Stripe and blockchain venture capital firm Paradigm, announced the completion of US$500 million in Series A financing, led by venture capital giant Greenoaks and Joshua Kushner's Thrive Capital. This round of financing values Tempo at US$5 billion, with participation from Sequoia Capital, Ribbit Capital and Ron Conway's SV Angel.
▌Orochi Network completes new round of $8 million financing, with participation from the Ethereum Foundation and others
Verifiable Data Infrastructure Orochi Network announced the completion of a new round of $8 million in financing, bringing the total financing amount to $20 million. The company focuses on building verifiable data infrastructure for the RWA (real world asset) and stablecoin ecosystems, providing an audit-level system that can ensure data authenticity, security and compliance. Investors include the Ethereum Foundation, MVentures Labs, PlutusVc and other institutions. CME Group plans to launch financial contracts tied to sports events and economic indicators by the end of the year. According to people familiar with the matter, this move will put the Chicago-based CME in direct competition with prediction market platforms such as Kalshi and Polymarket. Kalshi and Polymarket have rapidly entered the mainstream financial market in recent years and have received advisory support from Donald Trump Jr., son of President Trump. El Salvador has increased its holdings by a total of 8 BTC over the past seven days, bringing its total holdings to 6,354.18. El Salvador has increased its holdings by a total of 8 Bitcoins over the past seven days, bringing its current Bitcoin holdings to 6,354.18, with a total value of $678.7 million. Binance Alpha will launch SigmaDotMoney (SIGMA) on October 21st. Eligible users can claim the airdrop using Alpha Points on the Alpha event page. Trading will be open once trading opens. More details will be announced soon.
▌Since October 11, Tether and Circle have minted a total of $6 billion in stablecoins
According to Lookonchain statistics, after Tether Treasury minted an additional 1 billion USDT on the Ethereum chain this morning, Tether and Circle have minted a total of $6 billion in stablecoins since the market flash crash on October 11. According to Lookonchain, the wallet address "bc1ql7c" has been activated after three years of inactivity and has just transferred all 6,500 BTC (worth $694 million) to a new address. These 6,500 BTC were originally obtained from Ivanov (Bilyuchenko) three years ago.
Ivanov (also known as Bilyuchenko) is a Russian cryptocurrency entrepreneur accused of co-founding the BTC-e and WEX trading platforms and laundering hundreds of thousands of Bitcoin stolen from Mt. Gox in Mentougou.
▌Charles Schwab: Client interest in its crypto products has increased, with visits to its crypto website increasing by 90% year-on-year
According to Bitcoin Magazine, Charles Schwab (which manages and custody assets of approximately $11 trillion) said that user interest in its crypto products has increased, with visits to its crypto website increasing by 90% year-on-year.
Important Economic Dynamics
▌Estimates show that the number of initial jobless claims in the United States fell to approximately 215,000 last week
Based on an analysis of unadjusted state-level claim data released during the US government shutdown, the number of initial jobless claims in the United States fell last week. According to a Bloomberg analysis of data, initial claims for the week ending October 11th were approximately 215,000, lower than the 234,000 estimated the previous week. Due to the government shutdown, the U.S. Department of Labor has not released a weekly unemployment report since September 25th, but downloadable data for most states is still available. This estimate uses the weekly seasonal adjustment coefficients released in advance by the Bureau of Labor Statistics to correct the raw data. This method is highly consistent with the official seasonally adjusted data when data from all states is complete. However, the latest weekly data for Arizona, Massachusetts, Nevada, and Tennessee is missing, so the average of the previous four weeks is used instead. Continuing claims rose slightly to 1.93 million in the week ending October 4th, higher than the 1.92 million estimated the previous week. (Golden Ten) White House Economic Advisor: The Expected Three Rate Cuts Are Just the Beginning White House Economic Advisor Hassett: (On the U.S. Economy) Banks currently have ample reserves. (On US economic growth) There's no reason it can't continue to maintain 4% growth. (On the Federal Reserve) The expected three rate cuts are just the beginning. Trump denies maintaining high tariffs on China, sending US stock index futures briefly higher. According to Bloomberg analyst Walter Bloomberg, Trump said "no" when asked whether he would maintain 100% tariffs on China. Market data indicates US stock index futures rose briefly, with Nasdaq futures narrowing their losses to 0.7%.
▌Central Bank: Deepen the RMB's financing currency function and support the development of the offshore RMB market
The head of the Central Bank's Macroprudential Management Bureau stated that it will continue to improve various policies and tools to support RMB financing, better leverage the role of the central bank's currency swap mechanism in supporting the cross-border use of the RMB, improve the management of cross-border interbank RMB financing, and encourage and support more qualified overseas institutions to issue Panda Bonds in China. Improve cross-border RMB liquidity supply arrangements, optimize the layout of clearing banks, and continue to strengthen policy support for clearing banks' liquidity. Support various domestic and foreign institutions to issue and trade RMB assets overseas, normalize the issuance of central bank bills, and enrich liquidity management and risk management tools. Consolidate and enhance Hong Kong's status as an international financial center and offshore RMB business hub. (Financial Times)
▌Major U.S. bank stocks fell across the board before the market opened
Major U.S. bank stocks fell across the board before the market opened, with Bank of America (BAC.N) down more than 3%, Citigroup (C.N) down 1.7%, Goldman Sachs (GS.N) and Wells Fargo (WFC.N) down about 1.4%, and JPMorgan Chase (JPM.N) down more than 1%.
Joy
Miyuki
Weiliang
Weatherly
Anais
Catherine
Kikyo
Alex