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The Base ecosystem prediction platform Limitless saw its token LMTS surge by 110%, with a market capitalization reaching $429 millions; MERL spot price increased by 40%, with a futures price spread of 48%; Machi suffered losses in contract trading; Giggle Academy clarified that it has not issued any tokens; Binance hired a Trump ally for lobbying; a mysterious whale increased BTC long positions; the probability of a Federal Reserve rate cut in October rose to 98.3%. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Chen Zhi, a 28-year-old from Fujian, founded Prince Group, the largest real estate conglomerate in Cambodia. He was later indicted by the U.S. Department of Justice for alleged transnational online fraud and money laundering, with $15 billion worth of bitcoin seized. His fraudulent empire involved large-scale online gambling and "pig-butchering" scams, and maintained operations by bribing public officials in multiple countries. Although he enjoyed a reputation as a philanthropist and entrepreneur in Cambodia, the true nature of his business empire has now been exposed.
![[Bitpush Weekend Review] Trump nominates SEC crypto task force chief legal advisor Michael Selig as CFTC Chairman; Trump says at a private gathering that cryptocurrency could help solve the $35 trillion US debt problem; Bloomberg: Since the introduction of regulatory bills in the US, the proportion of stablecoins used for payments has surged by 70%](https://img.bgstatic.com/multiLang/image/social/6f7dc601c3d5c684dffeb2a0f54b0e661761530402644.png)
Quick Take Summary is AI generated, newsroom reviewed. Wallets tied to FalconX and Wintermute recently bought 21k SOL (~$3.9 M) and 71.5k SOL (~$12.5 M) in one transaction. SOL currently trades near ~$190, matching transaction USD conversions of ~$3.9 M for 21k SOL (≈ $185 each). 71.5k SOL equals roughly 0.015% of Solana’s ~470 million circulating supply. Hong Kong’s SFC approved the first spot SOL ETF under ChinaAMC for listing on October 27, 2025.References X Post Reference
In fact, it will take us several years to obtain a validity proof for Ethereum consensus.
The Federal Reserve held its first Payments Innovation Summit, discussing the application of stablecoins, tokenized assets, and DeFi in the payments sector. The conference proposed establishing Federal Reserve accounts with limited access to reduce risks and explored how to make traditional systems compatible with blockchain. Cryptographic technologies are now becoming a central topic in payment discussions, and institutional investors may prioritize assets like bitcoin and ethereum. Summary generated by Mars AI. The accuracy and completeness of this AI-generated summary are still being iteratively improved.
The role of cryptocurrency in Argentina has fundamentally changed.
- 02:11Bitcoin price rebounds, QWEN3 yield approaches 100%, firmly leading the top six in the AI Model Trading CompetitionBlockBeats News, October 26, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot) monitoring, as the market recovers and Bitcoin briefly surpassed $114,000, the trading account funds of the six major AI models have all rebounded. Among them, QWEN3 performed the best, adhering to a strategy of holding only BTC long positions, resulting in significant returns. The current yield is close to 100%, with the total account amount reaching $19,571.36, maintaining its lead. DeepSeek follows closely with a total account amount of $18,292.30. Its strategy is relatively diversified, mainly holding ETH while also opening positions in BTC, SOL, BNB, XRP, and DOGE, among other cryptocurrencies. In addition, the account balances of Claude and Grok have also rebounded to around $11,000 and $10,000, returning to near their initial capital levels. Ranked by position size, the current order is: QWEN3 ($19,571.36), DeepSeek ($18,292.30), Claude ($11,383.82), Grok ($10,469), Gemini ($3,897.11), and ChatGPT ($3,540.99).
- 02:11Fortune reveals White House banquet donors, including Ripple, Gemini, and othersBlockBeats News, on October 26, Fortune magazine revealed that a total of 37 donors provided funding for the construction of the White House banquet hall, including Silicon Valley tech giants and cryptocurrency companies. Among them: Corporate donors include Meta, Apple, Amazon, Google, Lockheed Martin, Microsoft, Comcast, Altria, Hard Rock International, Micron Technology, Caterpillar, Booz Allen Hamilton, HP, Booz Allen Hamilton, NextEra Energy, Reynolds American, T‑Mobile, Palantir Technologies, and cryptocurrency companies Tether America and Ripple; Private and family donors include: Adelson Family Foundation, Stefan E. Brodie, Betty Wold Johnson Foundation, Charles and Marissa Cascarilla, Edward and Shari Glazer, Harold Hamm, Benjamín Leon Jr., the Lutnick family led by U.S. Secretary of Commerce Howard Lutnick, and Gemini co-founders Cameron Winklevoss and Tyler Winklevoss, among others.
- 02:11Singer JJ Lin posts another photo with VitalikBlockBeats News, on October 26, singer JJ Lin once again posted a photo with Vitalik on social media, stating, "It's always a pleasure to communicate with Vitalik. We had an in-depth discussion about how technology can inspire more people to live sustainably and with focus." As previously reported by BlockBeats, on September 22, 2024, singer JJ Lin posted a photo with Ethereum founder Vitalik Buterin on the X platform. In the post, JJ Lin said: "Glad to collaborate with Vitalik Buterin and the Ethereum team at Miracle Coffee in Singapore." On September 23, 2024, Ethereum co-founder Vitalik Buterin commented on JJ Lin's tweet with their photo, saying, "Believing in love for a day surpasses forever. In this moment, time is frozen." BlockBeats Note: Vitalik's response quoted lyrics from the song "Jiangnan," which is included in JJ Lin's 2004 album "Second Heaven."