According to official TRON news, its mainnet is expected to release GreatVoyage-v4.8.1 (Democritus) in November 2025. This upgrade will bring several key improvements, aiming to further enhance system compatibility, network performance, and overall stability, laying a solid foundation for the long-term evolution of the TRON mainnet. According to official technical documentation, GreatVoyage-v4.8.1 includes support for ARM architecture and JDK 17, further expanding the system's operating environment; it also completes compatibility with changes to the SELFDESTRUCT instruction in the Ethereum Virtual Machine (EVM) to continuously improve EVM consistency. In addition, this upgrade also covers node network optimization, API performance improvements, security updates, and database performance adjustments, which will significantly improve mainnet operating efficiency and node synchronization stability. This upgrade is a significant milestone in the performance evolution of the TRON mainnet, demonstrating the community's commitment to continuous optimization in multi-architecture compatibility, security, and decentralized governance.

The Australian Minister for Foreign Affairs has announced sanctions on the North Korean Lazarus Group for stealing $1. 9 billion in crypto. source: https://cryptonews.com/news/australia-impose-sanctions-on-north-korean-lazarus-over-1-9b-crypto-theft/

The next 12 months will be a "structural bull market" rather than a comprehensive bull market. The key lies in mechanism design, distribution efficiency, and attention management. It is crucial to grasp the early distribution and execution loop and prioritize disciplined configuration around long-term themes such as AI×Crypto and DAT.

North Texas residents’ city bid failed after efforts to curb noise from a Bitcoin facility. source: https://www.cryptopolitan.com/north-texas-residents-bid-fails-bitcoin/

Coinbase urged the US Treasury to keep GENIUS Act rules aligned with congressional intent to avoid stifling crypto innovation. source: https://cryptonews.com/news/coinbase-urges-us-treasury-to-avoid-overreach-in-genius-act-rulemaking/

According to BlockBeats, UBS Group has analyzed the potential consequences if the U.S. Supreme Court rules against U.S. President Donald Trump's tariff policies. Such a decision could compel the U.S. government to refund approximately $140 billion in taxes to importers, which is equivalent to 7.9% of the projected federal budget deficit for the fiscal year 2025. A government loss in this case would likely trigger a significant fiscal impact and might lead to the establishment of a structurally low-tariff trade environment. If trade partners do not retaliate, this environment could ultimately benefit the U.S. economy and stock market. UBS suggests that the government might resort to using legal tools such as Sections 201 and 301 of the Trade Act of 1974 to rebuild tariff barriers. However, this process could take several quarters and reduce the flexibility of trade policies. While the refunds would provide a windfall for importing companies, the tariff costs have not significantly lowered the earnings expectations for the S&P 500 index, indicating that the overall market impact might be limited. UBS believes that the ruling could eventually lower the overall effective tariff rate, enhance household purchasing power, alleviate inflationary pressures, and offer the Federal Reserve more room for interest rate cuts. As long as trade partners refrain from escalating countermeasures, this outcome would generally be welcomed by stock market investors.

According to the announcement from Binance, the platform is launching a special promotion for SEI Locked Products, offering a total of 1,497,409.48 SEI tokens as part of a Boost APR initiative. The promotion is scheduled to run from 2025-11-06 00:00 (UTC) to 2026-01-04 23:59 (UTC). During this period, rewards will be divided into Base APR and Boost APR, with the latter providing additional returns on selected Locked Products. Users can benefit from higher returns on their locked positions, depending on their subscription amounts. The promotion includes two SEI Locked Products with varying durations and rewards. For a 30-day duration, users can earn a total of 299,481.90 SEI, with daily rewards of 4,991.36 SEI. The minimum subscription limit per user is 1 SEI, while the maximum is 2,000,000 SEI. For a 60-day duration, the total rewards are 1,197,927.58 SEI, with daily rewards of 19,965.45 SEI, and a maximum subscription limit of 1,000,000 SEI. The actual APR will fluctuate based on daily subscriptions, with lower subscription amounts resulting in higher APRs. Rewards are distributed daily, and the APR display on the subscription page is updated hourly. Users must complete identity verification during the promotion period to qualify for rewards. Binance reserves the right to adjust APRs after the promotion without prior notice. Users can view their subscriptions by navigating to Assets > Earn > Simple Earn > Locked. The platform also offers an "Auto-Subscribe" function for automatic renewal of Locked Products positions. Early redemption is available, but users will forfeit any accrued rewards. Binance maintains the discretion to amend terms and conditions, disqualify participants for dishonest behavior, and adjust promotional activities as needed.

According to BlockBeats, recent market analysis by KobeissiLetter reveals a notable divergence in the U.S. stock market. The average stock correlation within the S&P 500 index over the past three months has dropped to 0.13, nearing its lowest level since 2018. This metric assesses how individual stocks within the S&P 500 move in relation to the index itself. The current low correlation indicates that most stocks are moving independently rather than following the overall market trend. In contrast, during the market downturn in April, the average stock correlation was approximately 0.50. In summary, the U.S. stock market has become highly fragmented, with a few large-cap technology companies driving most of the gains. Meanwhile, the majority of stocks have not participated in this upward trend, exhibiting a pattern of declining without corresponding increases.

UBS analysis indicates that if the US Supreme Court rules Trump's tariff policies illegal, it is expected to force the US government to refund approximately $140 billion in taxes to importers, equivalent to 7.9% of the estimated federal budget deficit for fiscal year 2025. If the US government loses the case, the massive tax refund will immediately trigger a fiscal shock and may lead to a structurally low-tariff trade environment. If trading partners do not retaliate, this environment will ultimately benefit the US economy and stock market. UBS estimates that the government is likely to use legal tools such as Sections 201 and 301 of the Trade Act of 1974 to rebuild tariff barriers, but this process will take several quarters and reduce trade policy flexibility. While the refunds will bring unexpected profits to importing companies, the impact on the overall market may be limited because tariff costs have not significantly lowered S&P 500 earnings expectations. UBS believes that the ruling may ultimately reduce the overall effective tariff rate, increase household purchasing power, alleviate inflationary pressures, and provide the Federal Reserve with more room for interest rate cuts. This will generally be welcomed by stock market investors, provided that trading partners avoid escalating retaliatory measures. (Jinshi)

According to Odaily, TRON's daily energy transaction statistics reveal that the energy leasing platform CatFee.io has sold over 11.7 billion energy units in a single day, saving users more than 600,000 TRX in transaction fees daily. As the volume of TRC20 stablecoin transfers continues to rise, TRON remains one of the most active networks for global on-chain transactions. CatFee provides efficient and cost-effective resource access through energy leasing and node hosting services for DApp developers, exchanges, wallet applications, and cross-border merchants, ensuring faster, more economical, and stable transactions on the network.

Seven top crypto traders on Hyperliquid lost millions as high leverage trading bets collapsed during recent market downturns. source: https://www.cryptopolitan.com/high-leverage-trading-cost-7-traders-fortune/

Moon Ga-bi criticised an AI-generated video that falsely showed her son’s face using her personal photos without permission. She confirmed her son’s face has never been revealed and called for people to stop spreading fake images and videos.

What impact will OpenAI have on the economy if it fails?

OpenAI has asked the US government to provide loan guarantees to help fund its trillion-dollar AI infrastructure plans. The company aims to lower borrowing costs and attract more investors while delaying profitability and an IPO.

Bybit Pay, the payments arm of the world’s second-largest crypto exchange, has officially set foot in Sri Lanka after launching operation in a country where tourism and crypto meets.

Understand the recent decline and the most likely direction for cryptocurrencies next.

Stream xUSD is actually a "tokenized hedge fund" disguised as a DeFi stablecoin, claiming to employ a Delta-neutral strategy. The fund is now insolvent amid numerous questionable practices.

BTC, leveraged trading, perpetual contracts, DeFi liquidation, exchanges, bankless: Why is the current crypto market sentiment so pessimistic? Jinse Finance, October flash crash, yield bubble, and a terrible atmosphere on the timeline.

Michael Saylor continues his unwavering focus on Bitcoin as his company, Strategy, has filed for an initial public offering (IPO) of shares denominated in euros. The move marks a significant shift in direction for the company, designed to raise funds specifically for purchasing more Bitcoin while expanding into new capital markets.

Canton represents a relatively pragmatic direction in the RWA field, but how far it can go depends on two factors: the speed of the evolution of regulatory policies and the determination of traditional financial giants to embrace on-chain technology.