On October 24th, it was reported that Polymarket users Fredi9999, Theo4, PrincessCaro, and Michie collectively invested 30 million US dollars, betting that Donald Trump will win the 2024 presidential election. Another Polymarket user, zxgngl, recently bet over 5 million US dollars on Trump's victory. Analysis suggests that the influx of over 35 million US dollars in bets may have significantly boosted Trump's chances of winning.

On October 24th, Abstract Chain, a Layer 2 network designed for on-chain culture and communities, announced the launch of the Builder-in-Residence program aimed at supporting developers. Selected applicants will receive monthly allowances, marketing support, developer support, and other assistance. Applications are now open.

the Tapioca Foundation tweeted that it is currently working with law enforcement and various security organizations, including ZeroShadow, Seal911, and the BNB Smart Chain team, and most of the stolen funds are still on the chain. The team now offers a 10% reward for any information or action that helps recover stolen funds.

On October 24th, it was announced that self-hosted digital trading company Shuttle Labs has completed a $6 million seed round of financing, with Anthony Scaramucci, CMCC Global, SALT Fund, Flow Traders, and several former FTX employees participating. Shuttle Labs also announced the launch of the self-hosted digital trading platform Genius beta version, which aims to solve a series of problems that led to the bankruptcy of FTX, such as security, user control, and decentralization, and explore the use of self-hosting to eliminate the risk of third-party hosting and ensure that users always hold their own private keys.

On October 24th, the Danish Tax Law Committee proposed a bill that could tax unrealized gains and losses on cryptocurrency assets held by Danish cryptocurrency investors. The earliest this could take effect is in 2026. In its 93-page official report on cryptocurrency asset taxes, the committee suggested that all cryptocurrency assets should be taxed according to the same set of rules. It considered three potential models for taxing cryptocurrency assets in the country.

According to an anonymous source it is expected that Trump will record an interview with podcast giant Joe Rogan on Friday. The interview will take place in Rogan's studio in Austin, Texas.

Alliance has released a 2024 trend report on cryptocurrency startups, which provides insights into trends observed from the application data and their potential impact on the wider startup ecosystem. The key points are as follows:

On October 23rd, Celestia Labs announced the concept verification of the Mammoth Mini test network, with an average unlicensed data throughput of 27 MB/s. Many improvements of Mammoth Mini (such as FBSS) have completed the research phase and entered the design phase, while others (such as Vacuum! and the redesigned QUIC-based p2p stack) are in the prototype and MVP stages and undergoing iterative improvements. The core developer community hopes to propose these improvements when they are ready for deployment in 2025.

Maran's Crypto, a community user, posted on social media that the bad guys have lost control and thanked CZ for reminding the community to be wary of fake "cz" accounts. They hope that CZ can regularly release content to the community. In response, CZ stated that he will do so, but for now, he wants to enjoy his quiet time.

On October 23rd, a dormant wallet withdrew 4.26 million TRUMP (@MAGAMemecoin) from the MEXC exchange, equivalent to approximately 13.9 million US dollars, 20 minutes ago.

Notcoin founder Sasha Plotinov stated that various companies or projects of different sizes are trying to replicate Notcoin's successful model, including Binance. Plotvinov estimates that the cost of acquiring a customer for a company (such as a trading platform) is between $10 to $15. However, through Telegram mini-games, this cost can be much lower than $1. This is not only attractive to companies, but also makes the competitive environment more fair to a certain extent. Plotvinov stated that the earn-as-you-play game mode is not sustainable, meaning that players play games to make money, not because they enjoy playing games. Considering this, Notcoin has been trying to diversify, including releasing a new Telegram game called "Lost Dogs" in August. Notcoin also recently launched a game called "Not Pixel," which attracted approximately 17 million new users within a few weeks. In addition, with Notcoin's support, Helika launched a $50 million Telegram game accelerator earlier this year.

Canadian cryptographer Peter Todd, who was identified as Satoshi Nakamoto in the HBO documentary "Money Electric: The Bitcoin Mystery," has been forced into hiding. Todd claimed that documentary director Cullen Hoback used misleading evidence to come to the wrong conclusion, and that it has put him at risk of security threats, including potential kidnapping and robbery. Todd said he agreed to appear in the HBO documentary because he believed it was about the history of Bitcoin, not an attempt to uncover the truth.

Fed's Daly said: the economy is clearly in a better state. Inflation has fallen sharply, and the labor market has returned to a more sustainable track. 

According to Bloomberg, options traders in the crypto market are increasingly betting on bitcoin reaching new highs by the end of November. The $75,000 strike price has the highest open interest for options expiring on November 8, indicating a significant area of focus for the market during that time. Despite the upcoming U.S. presidential election, some traders believe that bitcoin will surpass its previous highs in the coming weeks. The rise in stablecoin liquidity and bitcoin transactions in October may contribute to this bullish sentiment.

PeckShield monitoring shows that the Truflation attacker has exchanged 1.37 million DAI for about 500 ETH and transferred it to eXch.

On October 21st, founder of AI robot Truth Terminal, Andy Ayrey, tweeted that "I hold 1.25 million GOAT, which was given to me by others. I have airdropped some of them to friends and AI researchers. Since it started going crazy and causing CT speculation (good and bad), my tokens have not been traded."

On October 21st, according to market information, GOAT rebounded by 50% in the past 2 hours, now reporting at $0.31825 with a market value of $316 million.

Art Basel Paris 2024 showcased a variety of events, including Louis Vuitton's Objets Nomades collection and a pop-up restaurant with a monochrome theme. Ledger unveiled its new headquarters, 106T, during the event and partnered with ArtBlocks and Generative Goods to create unique physical pieces using generative artificial intelligence. Dior's La Galerie Dior exhibited over a hundred images by the late Peter Lindbergh, while We Are Ona hosted a dining experience with Alaïa and chef Jules de Saint Cyr. Additionally, ArtBlocks Engine collaborated with Shiseido on a digital art project called Future Reflections, featuring generative AI-powered pieces.

the Bank of Japan: Survey results show that currently about 30% of financial institutions have started using generative AI, and if including institutions that are in trial, about 60%, while institutions considering trial or use account for about 80%, indicating that the application of generative AI is rapidly expanding. (Jinshi)

Art Basel Paris 2024 went beyond the Grand Palais center to showcase Louis Vuitton's Objets Nomades collection with Estúdio Campana and a pop-up restaurant in a Paris train station. The weeklong show at LV Dream space celebrated Estúdio Campana's 40th anniversary and featured six one-off pieces inspired by Brazilian folklore. Ledger unveiled its new Paris headquarters, 106T, during Art Basel Paris and partnered with ArtBlocks and Generative Goods to create one-of-a-kind physical pieces via generative artificial intelligence powered by ArtBlocks Engine. Shiseido collaborated with ArtBlocks Engine on a generative digital art project called Future Reflections, which was unveiled at Art Basel Miami 2023.