ATC

Golden Weekly is a weekly blockchain industry summary column launched by Golden Finance, covering key news, market and contract data, mining information, project updates, technological advancements, and other industry dynamics.

Bitcoin

Today marks the 18th anniversary of the Bitcoin white paper.

Today marks the 18th anniversary of the Bitcoin white paper. On October 31, 2008, Satoshi Nakamoto published the white paper "Bitcoin: A Peer-to-Peer Electronic Cash System" on a cryptography mailing list, proposing an electronic cash solution that does not require a trusted third party and relies on a P2P network and proof-of-work to solve the double-spending problem. Today marks its 18th anniversary.

This week, US spot Bitcoin ETFs saw a net outflow of $202.4 million

According to Farside monitoring on October 31, US spot Bitcoin ETFs saw a net outflow of $202.4 million this week. Among them, IBIT saw a net inflow of $176.9 million, and MSBT saw a net inflow of $4.2 million. On the outflow side, FBTC saw a net outflow of $166 million, ARKB saw a net outflow of $129.5 million, and GBTC saw a net outflow of $53.3 million.

Coinbase increased its holdings by 643 Bitcoins in the third quarter, bringing its total holdings to 17,954 BTC.

On October 30, according to Bitcoin Treasuries, Coinbase announced that it increased its holdings by 643 Bitcoins in the third quarter, and currently holds a total of 17,954 BTC.

Franklin Templeton Launches Two US Stock-Bitcoin Hybrid ETFs On October 29th, Franklin Templeton announced the launch of two ETFs combining US stocks and Bitcoin—the Franklin U.S. Equity Bitcoin DRIP Index ETF (FBEQ) and the Franklin U.S. Innovation Bitcoin DRIP Index ETF (FIBT), both to be listed on Nasdaq. Both funds employ a rule-based dividend reinvestment strategy, with an initial allocation of 95% exposure to US stock indices and 5% exposure to Bitcoin, systematically reinvesting stock dividends in Bitcoin; the Bitcoin weighting is assessed quarterly. FBEQ tracks approximately 500 large US listed companies with an annual expense ratio of 0.09%; FIBT tracks 100 large non-financial US stocks listed on Nasdaq with an annual expense ratio of 0.19%. CryptoQuant Founder: Bitcoin ETF Net Inflows Nearly Zero This Year, Selling Pressure May Have Been Released. On October 29th, CryptoQuant founder Ki Young Ju stated that Bitcoin ETF net inflows have been close to zero this year, yet the price of BTC has only fallen by about 7%. He believes that the relatively stable price given limited ETF demand suggests a low probability of large-scale selling by early holders or miners, and that some investors intending to sell may have already completed their reductions. He predicts that Bitcoin's upward momentum may resume once the uncertainty surrounding the US midterm elections subsides and ETF funds return to inflows. Ethereum (Aave) Adjusts Ethereum USDT Floating Borrowing Rate Curve; Rates Rise Earlier When Liquidity Tightens. On October 28th, according to The Defiant, Aave has adjusted its Ethereum USDT floating borrowing rate curve: borrowing costs will rise earlier when liquidity in the pools tightens. Accumulated interest on existing debt remains unchanged; the new rate only alters the subsequent growth rate of the debt balance. DeepFlow TechFlow published this news at 8:43 PM that day. The report did not disclose the adjusted interest rate parameters, the corresponding governance proposal number, or the effective date, nor did it include specific borrower or depositor data. ENSv2 Officially Launches on Ethereum Mainnet, Supporting Existing Domain Upgrades ENSv2 has officially launched on the Ethereum mainnet, introducing a hierarchical registry and permission model, supporting custom subdomain issuance rules and partition authorization management, and launching the ENS App and ENS Explorer. The ENS ecosystem currently supports over 36 million domains, covering more than 600 applications. Existing .eth domains do not need to be re-registered; users can voluntarily upgrade to ENSv2 within the ENS App. After upgrading, users can receive a commemorative NFT designed by artist Polyhop. Applications such as 1inch, MetaMask, Safe, Uniswap, PayPal, Venmo, and OpenSea are already compatible with ENSv2.

ETH short address 0xb15b suffered 13 liquidations in nine days, resulting in a loss of approximately $1.14 million

On October 28th, according to data monitored by on-chain analytics platform Lookonchain, a trader created a new wallet 0xb15b nine days prior, deposited 1.25 million USDC on the Ethereum blockchain, and opened a short position on ETH. In the following nine days, this address was liquidated a total of 13 times, resulting in the liquidation of 18,080 ETH, equivalent to approximately $43.9 million, and an actual loss of approximately $1.14 million.

... According to on-chain analyst Ai Yi, Kanye West's linked address has continued to increase its long position on ETH. Seven hours ago, it withdrew 4,000 ETH (approximately $9.39 million) from Binance and deposited it into Aave as margin, then borrowed another 6 million USDT. Currently, it has a total of 22,504.52 ETH pledged and borrowed $31.02 million, with a health score of 1.41 and an average long price of $2,503.86. The 16,549.9 ETH it withdrew from Binance since September 29th is currently showing a floating loss of $2.477 million. On October 29th, according to Lookonchain monitoring, an hour ago, a trader with a historical win rate of 100% (address starting with 0xe813) established a long position of 19,491 ETH with 25x leverage, worth approximately $45.34 million. The current unrealized profit is $315,000. Data shows that this trader previously completed 5 profitable trades, accumulating a total profit of $4.6 million. Other Projects

Nvidia Invests in AI Inference Startup Baseten, Planning to Raise $2 Billion

According to Bloomberg, Baseten, an AI inference platform in which Nvidia has invested, is in talks for a new $2 billion funding round, to be conducted in two phases, corresponding to valuations of $26 billion and up to $30 billion respectively. The company was valued at $13 billion when it completed its funding round in June, meaning this latest valuation represents nearly 2.3 times that amount. This round is led by existing investor Sands Capital. Baseten focuses on large-scale model deployment and online inference services, with clients including Notion and Cursor. The platform processes over 1 billion inference requests daily, and this funding round reflects a shift in focus from AI training to inference infrastructure.

Aave Proposes to Reduce Borrowing Caps for V3 and V4, Removing Approximately $3.8 Billion in Unused Borrowing Quotas. On October 30th, according to the Aave governance forum, risk service provider LlamaRisk proposed lowering the borrowing cap for 27 reserves in Aave V3 and the draw cap for 6 credit lines in Aave V4. The new caps would be approximately 1.02 times the borrowing amount before the attack. Previously, due to the Binance hot wallet incident on October 29th, Aave had frozen V3 and V4 reserves. The adjustment will remove approximately $3.7 billion in unused quotas for V3 and approximately $130 million for V4. For example, for V3 Core, the WETH borrowing cap will be reduced from 2.4 million to 1.79 million, and USDT and USDC will be reduced to 2.56 billion and 2.27 billion respectively. LlamaRisk stated that the attackers still hold a large amount of ETH, stablecoins, and governance tokens, and may quickly establish large positions after the market unfreezes. The aforementioned adjustments will be implemented through the Risk Steward process before the phased unfreezing; GHO reserves are not included in this adjustment. MetaMask sets Stellar as the default network for mobile applications and extensions. On October 30th, MetaMask set Stellar as the default network for its mobile applications and browser extensions. Existing multi-chain supported accounts will receive a Stellar address derived from their mnemonic phrase, supporting XLM, USDC, and Soroban tokens. PhotonPay Raises $40 Million in Series C Funding On October 29th, Hong Kong-based payment operating system PhotonPay raised $40 million in Series C funding, led by Blockchain Capital, with participation from SBI Group, IDG Capital, GL Ventures, and Lightspeed Faction. The funds will be used to expand its multi-asset wallet, global card issuance, and local clearing infrastructure, as well as to develop financial tools for AI agents. Uniswap Labs Launches TJAR Fee Conversion Tool, Robinhood First to Integrate On October 29th, according to The Block, Uniswap Labs launched the open-source fee conversion tool TJAR, allowing applications to convert cross-chain transaction fees from various tokens into specified tokens. The tool uses smart contracts to allow searchers to compete to execute exchanges, and the application can choose the receiving token and address. Robinhood was the first integrator and has already used TJAR on multiple chains to receive conversion fees in USDC and USDG. Uniswap Labs' existing Token Jar system processed over $15.3 million in conversions in September.