On October 24th, according to Cointelegraph, blockchain company Consensys has issued an open letter to the future US President, requesting clear and supportive regulations for cryptocurrency and Web3. The letter points out that regulatory decisions need to be transparent in order for the US to remain competitive globally, while addressing consumer protection and illegal activity issues. Consensys believes that regulatory uncertainty in the US has hindered the development of blockchain technology. The company notes that despite the adoption of decentralized platforms worldwide, there is a lack of comprehensive frameworks. Consensys states that this gap in regulatory guidance leads to inconsistent enforcement actions and hinders innovation for businesses and developers.

BingX has fully restored its operational capabilities after a recent hot wallet incident, and all deposits and withdrawals have resumed normal operation.

In response to this event, BingX has launched the new ShieldX plan, which is a comprehensive plan aimed at enhancing the platform's security infrastructure. ShieldX introduces an upgraded wallet firewall designed to provide advanced protection against external threats, further protecting user assets. BingX has also partnered with leading third-party security companies to implement additional round-the-clock monitoring and threat detection to ensure the prompt and proactive discovery and resolution of any vulnerabilities.

Previously reported on September 20th, cryptocurrency trading platform BingX was attacked, with security firms estimating that BingX's stolen assets totaled over $43 million.

Legislation for stablecoins has been in the works for a long time, but there is a new push to get it passed before the end of the year. Maxine Waters, a member of the House Financial Services Committee, is hoping to work with Committee Chair Patrick McHenry to reach a "grand bargain" and finally pass the bill.

According to official sources, Gate.io Innovation Zone has recently officially supported the Ape Chain mainnet, launched MEME assets such as Bored and Curtis, and simultaneously launched Curtis recharge, with a cumulative prize pool worth 5,000 USDT. It is reported that this event provides basic rewards, new user rewards, leaderboard rewards, and social media rewards, supporting users to participate through multiple channels and methods.

It is understood that Gate.io Innovation Zone integrates the advantages of spot trading and on-chain trading, and is committed to creating a new cryptocurrency trading model. By simplifying the operation process, the Innovation Zone greatly reduces the technical threshold for users to participate in on-chain projects, without the need to operate a Web3 wallet or manage private keys, and only needs to use the Gate.io account to easily participate in hot projects.

According to Adrienne Youngman, CEO of Partisia Blockchain Foundation, the company's "provenance and depth of experience" make it well-equipped to address the issue of data privacy in public blockchains. Public blockchains have long struggled with privacy concerns, which has made many businesses and institutions hesitant to use the technology. Partisia claims to offer "complete data privacy" through its secure and interoperable token and data bridge, which uses advanced multiparty computation (MPC) to bring privacy to public blockchains. Despite competition from similar service providers like Fireblocks, Zama.ai, and Chainlink, Partisia believes its unique approach sets it apart.

on the MistTrack platform for tracking security on the SlowMist blockchain, blockchain detective ZachXBT commented that "I have never seen publicly reported numbers anywhere before, but I estimate that social engineering/phishing scams impersonating Coinbase customer support have resulted in user losses of up to $100-150 million in the past year."

 the hacker who attacked Indexed Finance in October 2021 has transferred over $4.5 million in funds through Tornado Cash since yesterday. The attacker currently holds over $5 million in digital assets in different addresses.

Traders and investors are currently favoring the conversion of USDT to XMR for its confidentiality and security. Exolix is a service provider that offers a seamless and secure process for instant and anonymous crypto exchange without sign-up, with no hidden costs. To maximize profitability and reduce fees, it is recommended to choose a no-fee non-custodial exchange like Exolix, take advantage of fixed rates, opt for non-KYC platforms to keep transactions anonymous, and monitor the market for favorable exchange rates. Exolix offers all of these features, making it a highly profitable and safe option for exchanging USDT to XMR.

as of October 21, the Japanese National Police Agency's Cyber ​​Special Search Department and a joint special envoy team composed of nine prefectural police departments, including Saitama Prefecture Police, arrested 26-year-old Yuta Kobayashi, whose address and occupation are unknown, for allegedly using computers to commit fraud. Kobayashi is believed to be the leader of the gang, and the estimated loss is more than 100 million yen ($667,100).

The gang abused the highly secretive virtual currency Monero in an attempt to launder money, and identified Kobayashi's identity by tracking the flow of funds. According to the police department, this is the first time that Japan has analyzed Monero and identified a suspect.

Apple is now up 2.6% to $237.31, reaching an intraday historical high, with a total market value of $3.61 trillion.