Chen Haolian, Deputy Director of the Hong Kong Financial Affairs and Treasury Bureau, plans to complete the second round of public consultations on the regulation of off-exchange trading (OTC) of virtual assets next year. He will also propose a proposed licensing system for regulating virtual asset custodial service providers for consultation next year to ensure that the safekeeping of digital assets conforms to international standards.

according to Hong Kong media Ming Pao, Deepa Raja Carbon, Managing Director and Deputy Chairman of the Dubai Virtual Asset Regulatory Authority (VARA), said that after experiencing turbulence, people in the virtual asset industry hope for clear regulations, which is why international exchanges are developing business in Dubai. Hong Kong and Dubai have very similar DNA, and regulatory coordination between regions is not necessary for virtual assets, but it is very important because many virtual asset fraud cases do not occur in a single region. Dubai and Hong Kong's regulatory departments are closely connected, and they appreciate the way Hong Kong regulates and handles issues. As long as the transactions or business are suitable for development in the region, they are willing to consider opportunities for mutual exchange.

On October 27th, according to Onchain Lens monitoring, a trader missed out on a potential profit of $1 million by selling too early due to losses. The trader originally purchased 33.7 million MemesAI tokens for 20 SOL ($2,971), but panicked and sold them for 7.79 SOL ($1,139) during a price drop. Now, the value of these tokens is over $1.02 million.

Su Zhu stated in a post on X that he has gone long on ETH at $2475 and on SOL at $175.

data from Arkham shows that the top three holdings of crypto market maker GSR Markets on the Solana chain are JTO, RENDER, and TNSR, with token values of $28.05 million, $3.77 million, and $2.86 million, respectively.

Christian, co-founder of the NDV crypto fund and NFT whale, announced on X platform that he will participate in the Cattelan banana auction at Sotheby's. If successful, he will represent the Cheems (@LordCheems_bsc) community in "feeding this masterpiece to the cute Shiba Inu Cheems." Christian also stated that spreading the memecoin revolution will be very interesting during this cycle.

Ki Young Ju, CEO of CryptoQuant, said on his social media platform: "I agree with everything meme coin enthusiasts talk about, except for the 'meme token cycle'. Social media has evolved from being centered around friends and family relationships to being centered around common interests, and the next step is social media driven by economic interests, which is also the vision of Web3. Memecoin is just a temporary combination of economics and common interests in the transitional phase of social media. Soon, we will see an era where economic interests are aligned with the creation of internet social value, and that is when the real season of altcoins will begin."

12:00-21:00 Keywords: Stablecoin, Wintermute, Meme

On October 27th, according to Token Unlocks data, TIA, SUI, and OP tokens will have a large amount of unlocking next week. Specifically:

On October 27th, Tether CEO Paolo Ardoino posted on X platform stating that a preview of Tether's local artificial intelligence development kit, Local AI, was showcased at the Lugano Plan ₿ event yesterday. The kit focuses on privacy and is supported by peer-to-peer technology, allowing code to be written once and run anywhere, from a $40 smartphone to a flagship smartphone, from a laptop to a large machine with many H100s, from a smart fridge to a car entertainment system. Tether's AI SDK is highly modular, supporting any model (Marian, Llama, etc.) and loading/storing weights and fine-tuning data in a P2P data structure, with plans to be open-sourced after being tested in real-world scenarios.

12:00-21:00 Keywords: Vitalik, Curve, Animoca, Grayscale

According to Coinglass data, the total open position of Bitcoin futures contracts on the network is 565,800 BTC (approximately $37.94 billion).

market showed BNB fell below $580, currently reporting at $579.9, with a 24-hour decline of 2.44%. The market is volatile, so please be prepared for risk control.

 market shows AAVE has fallen below $140 and is now trading at $139.97, with a 24-hour drop of 6.17%. The market is volatile, so please be prepared for risk control.

according to market data, DOT has fallen below $4 and is now trading at $3.99, with a 24-hour decline of 4.55%. The market is fluctuating greatly, so please manage your risks carefully.

according to market data, ARKM has fallen below $1.5 and is now trading at $1.49, with a 24-hour drop of 9.7%. The market is volatile, so please be prepared for risk management.

Musk will attend Trump's rally at Madison Square Garden in New York. 

according to Scam Sniffer monitoring, four days ago, a victim lost about $40,000 in SOL and BONK after signing a phishing signature.

the US Department of Commerce launched an investigation into TSMC earlier this month to confirm whether it provided chips to Huawei. Subsequently, TSMC stopped supplying chips to Sophgo, an artificial intelligence company associated with Bitmain. Two insiders said that TSMC has cut off chip supplies to related companies.

 Binance Labs has announced an investment in the fitness project Moonwalk Fitness by Gamify. The specific amount has not been disclosed. Moonwalk Fitness encourages users to achieve their daily step goals by pledging USDC, SOL, or BONK. Users must reach the step goal of their crew, and if they fail to do so, a portion of their pledged funds will be "confiscated" and redistributed among the winners.