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Florida proposes a bill to invest up to 10% of state funds and pensions in Bitcoin and crypto ETFs.Public Funds Could Get a Crypto BoostPolitical and Economic Implications

Brian Armstrong says most people will use crypto in 10 years—without even realizing it.Just Like the Internet BoomWhat This Means for the Crypto Industry

Ripple is leading a $1B raise to buy XRP via a digital-asset treasury through a SPAC, according to Bloomberg.Why Use a SPAC for the XRP Treasury?What This Means for XRP and the Crypto Industry

Jack Dorsey suggests that Signal should adopt Bitcoin to strengthen user privacy and financial freedom.Why Bitcoin Could Be the Perfect Fit for SignalWhat This Could Mean for Users and Crypto Adoption

Spot Bitcoin ETFs lost $536M on Oct 16, while Ethereum ETFs saw $56.88M outflow. Only BlackRock ETHA recorded an inflow.Ethereum ETFs Also Feel the HeatWhat This Means for Investors
- 07:53Typus Finance: Vulnerability fix completed, no liquidation risk during perpetual contract suspensionChainCatcher news, according to market sources, Typus Finance announced that the team has completed internal code fixes for the vulnerability disclosed the day before, and is currently awaiting review by independent security experts before redeployment. Typus emphasized that during the contract suspension period, all perpetual contract positions will not be liquidated, and users' collateral assets are safe and can be withdrawn once the security check is completed. The official statement also mentioned that fund tracking efforts are being coordinated with partners and law enforcement agencies, and the asset recovery plan is still being formulated internally. The team reiterated that they will continue to maintain transparency and promptly inform users after key developments.
- 07:46113,696,711 USDT transferred out from a certain exchangeAccording to Jinse Finance, Whale Alert has monitored that 113,696,711 USDT (approximately $113,818,935) were transferred from an exchange to an unknown wallet.
- 07:37Data: Machi's ETH long position is less than $25 away from liquidationChainCatcher news, according to Onchain Lens monitoring, "Machi Big Brother" Huang Licheng's 25x leveraged ETH long position is currently experiencing a floating loss of over 120%. The liquidation price is $3,763.54, leaving less than $25 from Ethereum's current price of $3,788.