Fincia Foundation announced on its official website that it has successfully completed the Fincia Mainnet 2.0 upgrade. The Fincia Foundation stated that necessary technology was introduced and changes were made to transform the Mainnet into a public blockchain. Services that were suspended due to the upgrade work have also been restored.
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According to Rootdate data, there were a total of 75 financing deals in the encryption field in October 2023, with a cumulative financing amount of approximately $426 million, which is the lowest financing amount in the past 4 years, a year-on-year decrease of 63%. In October of last year, there were a total of 135 financing deals in the encryption field, with a cumulative financing amount of approximately $1.157 billion.
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The first Bitcoin exchange-traded fund (ETF), BITO, has recorded its highest weekly trading volume since its launch, with $1.7 billion in trading volume. The Grayscale Bitcoin Trust (GBTC) also saw $800 million in trading volume. The high volume suggests a strong appetite for Bitcoin ETFs, which could attract marquee investors like hedge funds and large financial institutions. However, senior Bloomberg ETF analyst Eric Balchunas believes that BlackRock's spot market Bitcoin ETF may not set a record when approved, as multiple ETFs will likely be launched simultaneously, spreading out volume between them.
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Snapshot Voting Page shows that the SSV Network's proposal for the "Incentivized Mainnet Program" has begun voting, with a current approval rate of 100%, and will end on November 7th.
Previously, Ben Affleck of SSV DAO initiated the "Incentivized Mainnet Program" proposal. The proposal suggests creating an incentive layer for the running SSV mainnet, by rewarding participants running on the SSV network in the coming year to promote the adoption of DVT and the growth of the SSV Network.
In addition, if the proposal is approved, the DAO multisig committee will initially mint 200,000 SSV to a new multisig wallet; no more than 1 million SSV will be minted during the Incentivized Mainnet Program.
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Enzyme, a decentralized asset management protocol, stated that Enzyme TVL increased by 52% in the past month, from $75 million to nearly $120 million.
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Payment platform Strike, based on the Bitcoin Lightning Network, stated that it is investigating claims of possible security vulnerabilities, but so far no evidence has been found to support these accusations. "Our security team has been investigating these allegations and there is currently no evidence that Strike has been attacked," the company said in an email. A few hours before Strike's response, blockchain detective ZachXBT pointed out on his Telegram channel that some people online claimed they had received suspicious emails, suspecting that Strike had leaked customer information.
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Binance announced that it will continue to provide "sideline support" for the normal operation of Gopax, a cryptocurrency exchange in South Korea. Recently, City Labs became a shareholder of Gopax, which is considered a rebuttal to speculation that Binance is considering "withdrawing" from the South Korean market after transferring its equity to them. Steve Young Kim, Binance's Asia-Pacific director, said that obtaining authorization from financial regulators is not something we need to do, but GoPax will play an important role in it, and Binance will continue to support them when they need it.
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SBF stated in court on Monday that it owns 90% of Alameda's shares and, in a sense, did not participate in Alameda's transactions, but has continued to receive information about Alameda since 22.
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Starknet Foundation will distribute its unreleased 50 million STRK tokens to early ecosystem contributors. This plan is called the "Early Community Member Program" and will reward individual contributors who encourage technical discussions, organize activities related to Starknet, and regularly publish Starknet brand content, according to a blog post. "We plan to take this opportunity to recognize individuals who have made significant contributions to the Starknet ecosystem in various ways. Such contributions involve being a key member who has made a huge and positive impact on the ecosystem," the Starknet Foundation said in the blog post. The foundation also added that it will reserve some tokens in case some contributors are missed.
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