The high-performance L1 ValueChain Mainnet incubated by SoSoValue has been launched, and the trading sub-chain SoDEX is open for Allowlist applications. The platform Token $SOSO has been upgraded to the Mainnet native Gas and governance token. SoDEX boasts a performance of 100,000 TPS, providing a decentralized trading experience and supporting various types of asset trading. It has attracted over 400,000 sign-ups, opening Closed Alpha Allowlist applications, and participants can receive Airdrop rewards.

The flow of Wall Street funds has a significant impact on major indices and crypto assets projects. Bitcoin Hyper raised over $25.1 million in its presale, with HYPER token trading at $0.013185. On October 29, Alphabet, Meta, and Microsoft will release their financial reports, and their good performance is expected to influence the S&P 500 index and the Nasdaq index, potentially driving a rebound in the cryptocurrency market.

TeraWulf has established a 25-year joint venture with AI cloud provider Fluidstack to develop a 168 MW data center in Texas, with expected contract revenue of $9.5 billion, and it has driven WULF's stock price up 9% in pre-market trading. TeraWulf will hold a 51% stake in the joint venture, aiming to handle AI workloads, with a total cost of $8 million to $10 million per MW, expected to begin operations in 2026. Google will provide $1.3 billion in leasing support for Fluidstack, following a total collaboration of $3.7 billion in New York. This deal will expand TeraWulf's high-performance computing (HPC) platform capacity to over 510 MW and plans to increase by 250 to 500 each year.

CoinShares has launched the CoinShares Physical Staked Toncoin ETP, offering regulated investment in TON with a 0% management fee and a 2% stake yield, combining traditional and Decentralization technology to serve European investors.

Hedera ( HBAR ) ETF potential sparks follow, SkyBridge Capital founder Scaramucci is optimistic about future development. Canary Capital submitted a trading sign up application to the SEC, HBAR price rise 17.44%, volume surged 337.44%.

Despite the calm in the Crypto Assets market, institutional investors are hoarding alts. With the approval of the Hong Kong ETF and progress in SEC approvals, Solana and Ethereum are performing strongly. Chainlink is partnering with giants to enter the tokenization market, and Bittensor is gaining support in the AI boom, showing great potential for the future.

Cregis will hold the "Mic Up" series of online discussions on October 29 at 8 PM, focusing on the practical path of encryption compliance, inviting multiple industry experts to discuss global encryption regulatory trends and future developments.

Edge & Node will hold a virtual event titled "Empowering the Intelligent Economy" on October 30, inviting organizations such as Google and Coinbase to discuss the impact of technologies like x402, A2A, and ERC-8004 on the intelligent economy, and will launch new products.

The first U.S. Spot ETF for Hedera (ticker: HBR) will be listed on NASDAQ on October 28, 2025, offering direct investment in HBAR Tokens through regulated brokerage accounts. The ETF by Canary Capital will have actual HBAR held in custody at BitGo and Coinbase, while CoinDesk Indices will provide price tracking. This listing follows the new regulations from the SEC (SEC) that expedite the approval process for ETFs, and Canary is also launching a Litecoin ETF. This move has elicited mixed reactions, with some praising the involvement of institutional investors, while others express concerns about the regulatory distinction between listing and full approval.

Investor Jack Klaver predicts that due to financial restructuring and institutional demand, XRP could reach $100 by the end of 2025 and rise to $1500 by early 2026. He emphasizes the potential of the XRP ledger and mentions that the upcoming approval of the ETF may trigger a supply shock.

GoPlus Chinese community has issued a security alert, pointing out that the x402 cross-chain protocol has a theft risk, as the new owner exploits the contract to transfer USDC from users' Wallets, resulting in over 200 users losing 17,693 USDC. Users are advised to revoke authorization and ensure to verify the authorization Address.

Securitize has launched the Securitize MCP server, aimed at simplifying access to tokenized real-world asset data for large enterprises and AI tools. This server is based on the Model Context Protocol (MCP), serving as a secure gateway between RWA datasets and applications, supporting standardized calls for real-time asset information.

The connection between the USD1 stablecoin and DeFi deepens, utilizing cross-chain deployment technology provided by Enso. This technology will enhance DeFi's appeal to major participants, allowing USD1 to flow across multiple Blockchain protocols and be used for trading, lending, and transferring.

According to Jin10, on October 28, the cryptocurrency world reported that U.S. President Trump stated on Monday that he might announce his nominee to replace Fed Chairman Powell before the end of the year. Powell's term will end in May next year, and the candidate pool has now been narrowed down to five final candidates. Treasury Secretary Basant plans to conduct a second round of interviews with the current candidates next month, after which he will submit a more streamlined list of nominees for the President's consideration. On Monday, Basant revealed that the five final candidates include two current governors who were initially nominated by Trump to the Federal Reserve Board of Governors: Christopher Waller and Michelle Bowman, who also serves as Vice Chair for Bank Supervision. Currently, two candidates are widely viewed as front-runners: Kevin Hassett, Director of the White House Council of Economic Advisers, and former Fed governor Kevin.

The discussion of the x402 protocol has sparked widespread follow, focusing on the profound changes that artificial intelligence and Crypto Assets bring to traditional payment systems. It will drive the transformation of payment infrastructure towards high-frequency API calls and borderless micropayments, integrating Crypto Assets with the internet economy, and becoming an important foundation for the future economy.

The social platform Threads under Meta has launched the "Ghost Posts" feature, allowing users to share time-limited content that disappears after 24 hours, encouraging free expression. Replies are sent via private messages, aiming to alleviate the pressure of permanent content retention.

CME Group reports that its virtual money tools' open contracts have surged to nearly $40 billion, reflecting the increasing participation of institutional investors in the crypto assets market. The senior managing director of CME stated that this surge is driven by strong investment demand in the Asia-Pacific region and declining U.S. interest rates, which encourage investment from non-U.S. investors. Dollar funds are seeking alternative hedging and yield opportunities in digital assets. The Asia-Pacific region is leading institutional adoption, with institutional investors in Singapore increasingly viewing virtual money investments as part of a broader diversification strategy. The region's growing role in derivatives trading highlights its rise as a key liquidity center in the global digital asset market. He added that CME's continuously expanding suite of Bitcoin and Ether futures and options products continues to attract new participants seeking regulated exposure to crypto assets.