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

South Korea’s largest cryptocurrency exchange, Upbit, has announced the listing of the ORDER/KRW trading pair. Orderly is a project that provides order book–based trading infrastructure and a liquidity layer. — link

Crypto wallet project Vultisig will initiate its whitelist token issuance on October 27, with a Kraken listing 24 hours later. Vultisig offers a live multichain MPC wallet with no seed phrases and no single point of failure, generating $400K in cross-chain swap fees over the past year. Backers include Arca, Delphi, and Wintermute. As of now, Vultisig’s whitelist application channel appears to still be open. — link

JPMorgan plans to allow its institutional clients to use their holdings of BTC and ETH as loan collateral by the end of this year. This global program will rely on third-party custodians to safeguard the pledged crypto tokens. This initiative represents an extension of JPMorgan's previous policy of accepting crypto ETFs as collateral. — link

Polymarket CMO Matthew Modabber has confirmed plans to launch a native POLY token and an airdrop as the predictions market adoption heats up . Bloomberg reported that Polymarket is exploring fresh funding at a valuation of up to $15 billion. — link

WuBlockchain Weekly: HKEX and Others Resist DAT Companies, CZ Pardoned by Trump, Google Claims“Quantum Breakthrough”, JPMorgan Plans to Allow Bitcoin and Ethereum as Collateral, etc — link

The Uniswap Foundation has awarded a grant of up to $9 million to Brevis to develop and manage a Router Rebate program, which will provide gas rebates for routers integrating v4 hooked pools. The rebate system will rely entirely on Brevis’s ZK Data Coprocessor and Pico zkVM for trustless calculation and verification. — link

The Binance-backed competitor to Hyperliquid, ASTER, has announced it will allocate 70-80% of its Season 3 fee revenue to repurchase ASTER tokens. The final percentage, subject to market conditions, will be disclosed at the end of the season. The airdrop and buyback programs for future seasons will be announced separately after the details are finalized. — link

US September CPI (unadjusted YoY): 3% (exp. 3.1%, prev. 2.9%).
US September CPI (SA MoM): 0.3% (exp. 0.4%, prev. 0.4%).
US September Core CPI (unadjusted YoY): 3% (exp. 3.1%, prev. 3.1%).
US September Core CPI (SA MoM): 0.2% (exp. 0.3%, prev. 0.3%).

White House says no US inflation data likely next month. Analysts warn Fed’s December decision will be highly complex.