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Quick Take Summary is AI generated, newsroom reviewed. Holesky testnet shutdown begins this week, with operators deactivating nodes over ten days. Ethereum Foundation cites completion of Fusaka testing and technical evolution as reasons for closure. Validators should migrate to Hoodi, while developers move to Sepolia for application testing. The shift marks Ethereum’s new modular testnet era, ensuring faster, cleaner, and scalable testing environments.References 🚨 UPDATE: Ethereum Foundation announces Hol

A monologue from an ETH Maxi.

Prediction markets are becoming the focus of community discussions; however, beneath the immense spotlight, several major questions and concerns are gradually emerging.


For exchanges and market makers, keeping retail investors trading continuously, engaging in repeated speculation, and retaining them long-term is far more profitable than "flushing out retail investors once a year."

Everyone should have their own mission, no matter how big or small, as long as it makes you happy.


A brutal "Squid Game".
- 09:411,121 BTC transferred from an institutional account of a certain exchangeAccording to Jinse Finance, Whale Alert has monitored that 1,121 BTC (worth $120.7 million) have been transferred from an institutional account of an exchange to an unknown new wallet.
- 09:27Thai listed company RSXYZ acquires an additional 21.97 BTC, bringing total holdings to 74.97 BTCAccording to official sources reported by Jinse Finance, Thai listed company RSXYZ has purchased 21.97 bitcoins for $2.45 million, with an average purchase price of $111,440 per bitcoin. As of October 21, 2025, the company holds a total of 74.97 bitcoins, with an average cost of $112,628 per bitcoin.
- 09:08Indian Enforcement Directorate freezes $270 million in crypto assets related to OctaFX scamChainCatcher news, according to Finance Feeds, the Indian Enforcement Directorate (ED) has frozen cryptocurrency assets worth 23.85 billion rupees (approximately $270 million) related to the Indian OctaFX scam case. With this latest action, the total value of assets seized and frozen in the OctaFX case has reached 26.81 billion rupees. The main perpetrator in the case, Pavel Prozorov, has been arrested in Spain, and Indian authorities are pushing for extradition proceedings. Investigations revealed that OctaFX lured investors through unauthorized forex trading platforms, defrauding Indian investors of 18.75 billion rupees between July 2022 and April 2023, and used shell companies and cryptocurrency channels to transfer funds. Previously, the Enforcement Directorate had seized physical assets such as yachts and luxury homes. This latest freeze of cryptocurrency assets reveals a new path for money laundering in the case.