Hyperliquid Labs is hiring 2 backend and 1 frontend engineer for its Singapore-based 11-member team, focused on high-performance financial systems. Candidates should have Rust (backend) skills, system design experience, and a strong record in complex system development or competitions like IOI. On-site in Singapore, with relocation support. — link

On October 22, U.S. spot Bitcoin ETFs recorded a total net outflow of $101 million, while BlackRock’s IBIT saw a net inflow of $73.63 million. Spot Ethereum ETFs had a total net outflow of $18.77 million, with BlackRock’s ETHA being the only fund to post inflows, totaling $111 million for the day. — link

CZ responded to Peter Schiff’s launch of a tokenized gold product, stating that “tokenized gold is not on-chain gold — it just means trusting a third party to redeem the gold in the future, making it a ‘trust-me-bro’ token.” He added that this is why “gold coins” have never truly succeeded. — link

Berachain has introduced a new Preconfirmation System proposal, aiming to boost transaction confirmation speeds by over 10x and enhance its strengths in high performance, fair ordering, and low latency. Built on its in-house Beacon-Kit consensus client and Bera-Reth execution client, the system requires no extra validator components and offers optional optimizations for high-frequency and reorg-sensitive applications. — link

Aster DEX has launched a new platform feature, Rocket Launch, designed to provide liquidity support for early-stage crypto projects. Each campaign will feature a reward pool composed of ASTER and partner project tokens. The inaugural campaign collaborates with decentralized oracle project APRO Oracle, with a total reward pool of US$200,000. — link

BNB Chain paid messaging platform ReachMe has announced the cessation of its operations, with all services permanently shut down. Previously, CZ used ReachMe to receive private messages, charging 1 BNB per message, before later reducing the price from 1 BNB to 0.8 BNB. — link

Robinhood has listed HYPE for spot trading. Driven by this news development, the price of the HYPE rose to $40.02, representing an intraday gain of 10.03%. — link

Conversation with VelaFi: How to Apply Stablecoins in Latin America?

About 60% to 70% of people in Latin America still don’t have a bank account, and most are still using cash. For businesses or individuals operating there, if they can’t ensure the stability of the currency they hold, they face significant losses. when people receive payments in stablecoins, they begin to understand what stablecoins are and start holding them. Another reason is to avoid the losses caused by fluctuations in local currencies, so many people exchange their local currency for stablecoins. Read more: — link

Pave Bank has announced the completion of a $39 million Series A funding round. The round was led by Accel, with participation from Tether Investments, Wintermute, Quona Capital, Helios Digital Ventures, and others. The bank, which has obtained a Georgian banking license, is positioned as a "programmable bank" serving both fiat currency and digital assets. — link

Hardware wallet manufacturer Trezor has announced the upcoming launch of its new device, the Trezor Safe 7, touted as featuring a "quantum-safe" architecture. It utilizes a bootloader that supports future updates to post-quantum cryptography algorithms and a hybrid signature scheme. The Trezor Safe 7 is equipped with the open-source secure chip TROPIC01, which serves as an alternative to traditional, closed secure elements. — link

Breaking: According to WSJ, Trump has pardoned convicted Binance founder Changpeng Zhao. — link

Insiders say Trump signed the pardon on Wednesday. Recently, Trump expressed sympathy to advisors for claims of political persecution involving Changpeng Zhao and others. White House Press Secretary Karoline Leavitt stated, “Trump exercised his constitutional authority to pardon Mr. Zhao, who was prosecuted in the Biden administration’s crypto war.” She added, “The Biden administration’s war on crypto is over.”

WSJ: The pardon could prematurely end the three-year oversight program established by the U.S. Department of Justice to monitor Binance, which is intended to ensure compliance with U.S. financial crime laws. However, another independent oversight program established by the Treasury Department will not be automatically terminated unless approved by the president or the Treasury secretary.

According to Arkham, TOP5 recipient of the METEORA airdrop is the TRUMP team. Three of the addresses involved with the TRUMP team just received a $4.2 Million airdrop of MET. The developer address, and two addresses that provided extensive liquidity for TRUMP on day 1. All 3 addresses just deposited the entire airdrop to OKX. In related news today, a U.S. class-action lawsuit alleges that Meteora founder Benjamin Chow allegedly orchestrated the "MELANIA" and "LIBRA" Meme coin scams. — link

Coinbase will list aPriori (APR) and Meteora (MET) for spot trading, with APR-USD and MET-USD trading pairs expected to open on 23 October 2025, subject to liquidity conditions in supported regions. Meteora is a dynamic liquidity pool protocol built on Solana, while aPriori is an MEV infrastructure and liquid staking protocol. — link

Fidelity Crypto has added Solana to its supported assets, expanding beyond Bitcoin, Ethereum, and Litecoin. The update applies across all Fidelity Digital Assets platforms, including Fidelity Crypto for retail users, IRAs, wealth managers, and institutional trading. — link

According to Bloomberg, the White House announced that U.S. President Donald Trump will hold a bilateral meeting with the Chinese President next Thursday during the Asia-Pacific Economic Cooperation (APEC) summit in South Korea. This will mark their first face-to-face meeting since Trump returned to the White House in January. — link

Dan Romero, Farcaster co-founder, announced that Base-based launchpad Clanker has joined the Farcaster ecosystem. Clanker updated its tokenomics: two-thirds of fees will buy and hold CLANKER, older ecosystem tokens have been burned, and 7% of supply is locked in a one-sided LP. Farcaster clarified it has no official token. — link

The stablecoin blockchain Stable, supported by Bitfinex and USDT0, officially announced the start of its pre-deposit event at 9:13 UTC+8. However, on-chain data shows that deposits were already enabled at 8:48 UTC+8. The top 10 deposit addresses collectively contributed nearly $500 million USDT, accounting for over 60% of the total cap — with one address alone depositing $101 million USDT. — link

On October 23 (ET), Ethereum spot ETFs saw a total net outflow of $128 million, with none of the nine ETFs recording net inflows. In contrast, Bitcoin spot ETFs had a total net inflow of $20.33 million, led by BlackRock’s IBIT with $108 million in net inflows. — link

Covalent has announced the launch of the Covalent Strategic Reserve, a multi-year locked reserve funded by onchain and offchain revenue, including periodic CXT buybacks. The reserve aims to accumulate ~10% of CXT supply and will require governance votes for any future outflows. In 2025 alone, over 17M CXT was repurchased through offchain revenue-backed buybacks, in addition to 9.05M CXT removed via daily automated onchain buybacks.

According to the latest “Q3 2025 Crypto Exchange Market Report” released by TokenInsight, KuCoin’s native token KCS outperformed Bitcoin in quarterly gains, showing strong performance among exchange tokens. Meanwhile, KuCoin’s derivatives market growth placed it among the world’s top three, and its spot market share has increased for four consecutive quarters. — link