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The Winklevoss twins believe Bitcoin is “Gold 2.0” and say it could reach $1 million due to its scarcity and rising institutional demand.Bitcoin: The New Digital Gold?Institutional Adoption Fuels the $1M VisionBeyond the Hype: Why It Matters
Nexchain’s Testnet 2.0 launches in November with AI-driven features, updates to the token presale, and a bonus initiative for participants.November Testnet 2.0: Enhancements and Features You Can’t MissNexchain AI: Unique Features and CapabilitiesThe Ongoing Token Presale and Investor EngagementConclusion
Nvidia and BlackRock are joining forces for a $40B acquisition of a global data center firm, signaling a major move in AI infrastructure.A $40 Billion Power Move in TechWhy This Acquisition MattersA Glimpse Into the Future of AI Infrastructure
Ethereum dips under $4,000 as market pressure intensifies. Investors are watching key levels for the next move.Ethereum Slips Under $4K—What’s Behind the Drop?Market Sentiment and Macro Factors at PlayWhat Comes Next for ETH?
- 23:05ETHZilla to implement 1:10 reverse stock split to boost share priceJinse Finance reported that Ethereum treasury company ETHZilla (stock code: ETHZ) announced it will implement a 1:10 reverse stock split effective October 20, aiming to reduce the number of outstanding shares and raise its exchange-listed share price to above $10, thereby attracting large mutual fund investors subject to minimum share price requirements. The company stated that this move is intended to expand institutional investor participation, enabling large institutions to access collateral and margin facilities associated with stocks priced above $10. ETHZilla officially changed its name after receiving support from Peter Thiel's Founders Fund in August this year, and previously boosted its share price through a $250 million stock buyback and by allocating part of its ETH holdings to DeFi applications. More than 60 institutions and crypto investors participated in the company's PIPE transaction, including Borderless Capital, GSR, Polychain Capital, and well-known angel investors.
- 22:58US Department of Justice seizes $15 billion worth of Bitcoin in crackdown on Cambodian online fraud schemeAccording to ChainCatcher, citing Golden Ten Data, the U.S. Department of Justice has officially charged business tycoon Zhi Chen, who holds dual citizenship in the UK and Cambodia, for allegedly orchestrating a transnational "pig-butchering" cryptocurrency scam. At the same time, the U.S. government has seized approximately 127,271 bitcoins, valued at up to $15 billions (about RMB 106.9 billions), marking the largest confiscation operation in the department's history. Zhi Chen faces multiple charges and could be sentenced to up to 40 years in prison.
- 22:53US SEC Chairman Atkins Promotes Regulatory Innovation for Crypto and TokenizationJinse Finance reported that Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), stated that cryptocurrency and tokenization are the SEC's "top priorities," and he hopes the SEC will become the "Securities and Innovation Commission." Since taking office in April this year, Atkins has emphasized the establishment of a regulatory framework to attract companies back to the United States, supported the development of distributed ledger technology, and plans to introduce "innovation exemptions" to accelerate the listing of on-chain products and services, while also promoting inter-agency regulatory coordination. However, due to the government shutdown, the SEC currently has only a very small number of staff handling urgent matters.