‍BALZ Ignites BNB Chain with $2M Presale Ahead of "Fair-As-F• Launch" The BNB Chain ecosystem is seeing significant activity with the community-driven project BALZ. BALZ has rapidly raised over $2 million through its "Fair-As-F• Launch" (FAF) token presale, concluding tonight, October 31st, 2025. BALZ has focused on guerrilla marketing and a "rug pull recovery protocol," integrating over 10,000 holders from Solana and Base. The FAF presale aims for equitable participation with a fixed price and time frame, preventing insider advantages. The project's launch coincides with a dynamic market, following a recent $19 billion liquidation event. BNB Chain has shown resilience, recording an all-time high of 3.62 million daily active addresses in October 2025 and a surging TVL. BALZ aims to capitalize on BNB Chain's momentum and attract communities seeking stable environments. The project also plans to build a safe trading platform and a no-code launchpad with a doxxed team.
‍Bitget Celebrates Bitcoin Whitepaper Anniversary with AI Campaign Bitget is launching the #AskSatoshiWithGetAgent campaign to mark the 17th anniversary of the Bitcoin Whitepaper. The initiative allows users to interact with an AI-powered Satoshi Nakamoto within the Bitget App, posing questions about cryptocurrency and AI. From October 27 to November 5, users get free access to GetAgent Plus. Additionally, 50 participants will receive a one-month GetAgent Ultra Membership. During a special 24-hour blitz on October 31-November 1, 1,000 users asking Satoshi-related questions will share a $10,000 airdrop pool.
‍Fortytwo's Swarm Inference Surpasses Leading AI Models Fortytwo has unveiled its Swarm Inference AI architecture, a decentralized system that outperforms OpenAI's ChatGPT 5 and Google Gemini 2.5 Pro on key benchmarks. The system uses interconnected small language models, peer-ranked for quality, to produce a single, high-quality answer. This approach has shown stable accuracy in complex conditions, unlike traditional LLMs. Ivan Nikitin, co-founder and CEO of Fortytwo, stated, "These results mark the emergence of a new approach to building AI. This breakthrough paves the way for scalable, reliable, and community-driven artificial intelligence." The project integrates with the Monad blockchain for transparent node performance recording and will release an API later this year.
‍Bitcoin ETFs Experience Significant Outflows, BlackRock's IBIT Leads Drop U.S. spot Bitcoin ETFs saw substantial redemptions totaling $388.43 million on October 30, with BlackRock's IBIT fund alone accounting for $290.88 million in outflows. This marks the largest single-day outflow for IBIT since August 4. Analysts attribute these exits to macroeconomic uncertainties, including statements from Fed Chair Powell and geopolitical factors, compounded by a closed arbitrage window. Despite the recent downturn, October's total ETF net flow remains positive at $3.61 billion, suggesting a short-term recalibration rather than a fundamental shift in institutional demand.
‍DeFi and TradFi Collaboration Key to Mainstream Adoption Mark Jones, founder of Hana Wallet, argues that bridging the divide between decentralized finance (DeFi) and traditional finance (TradFi) is crucial for mainstream crypto adoption. He compares DeFi's current complexity to the early internet before HTTP, stating that philosophical opposition to TradFi hinders progress. A hybrid approach, integrating traditional payment service providers (PSPs) with crypto, can unlock real-world utility. For example, topping up a Mastercard directly from on-chain liquidity simplifies crypto use. This collaboration can also provide financial access to billions of unbanked individuals globally. Jones emphasizes that overcoming ideological differences is not a zero-sum game but an opportunity for mutual benefit, accelerating product development and global financial inclusion. "It’s time to put aside the ideological differences that prevent mainstream adoption," he states.
‍Bybit Launches "The Ultimate Gold Mine" Year-End Crypto Event Bybit, the world's second-largest crypto exchange, has introduced "The Ultimate Gold Mine," a year-end event featuring a 300,000 USDT prize pool. Participants can earn rewards through trading or completing simple tasks. Top prizes include up to $10,000 in Bitcoin. Identity verification is required, and participation is restricted in certain regions, including the EEA.
‍Zcash (ZEC) Achieves 500% Surge in October Amidst Celebrity Endorsements and Short Squeezes Zcash (ZEC) has demonstrated exceptional performance in October, with its value increasing by over 500%. This significant rally is attributed to high-profile endorsements and a substantial short squeeze event. Notable figures like Naval Ravikant and Arthur Hayes have influenced ZEC's price trajectory, with price targets sparking considerable investor interest. Additionally, nearly $65 million in ZEC futures liquidations, predominantly from short positions, has amplified the upward momentum, creating a classic short squeeze scenario. However, technical indicators, including a rising wedge pattern and bearish divergence on the RSI, suggest a potential correction may be imminent. Investors are advised to monitor key support levels around $260-$270.
‍Ethereum's Price Action Dominated by Leverage, Spot Demand Key for Breakout Ethereum (ETH) is experiencing a volatile cycle heavily influenced by leverage trading rather than organic demand. Analysts note that extreme funding rates and liquidations obscure true market direction. A sustained upward movement requires increased spot investor demand to overcome the derivatives market's instability and the bearish bias in the short term, according to lead analyst Illia Otychenko. Long-term optimism persists, supported by macro factors.
‍Meta Seeks Dismissal of Porn-Piracy Suit, Slams AI-Training Claims as "Nonsensical" Meta has filed to dismiss a lawsuit alleging it used thousands of adult films for AI training. The tech giant denies the claims, calling them "nonsensical." Strike 3 Holdings alleged Meta used corporate and hidden IP addresses to download films since 2018. Meta countered that the alleged downloads were "meager, uncoordinated activity" for personal use, not systematic AI training. The company argues Strike 3 lacks evidence and that it had no knowledge of or ability to stop the downloads. This case highlights complex legal issues surrounding AI training data, copyright, and data provenance, with potential implications for Web3 and DeFi. The outcome could set precedents for data sourcing and intellectual property in AI development.
‍Bitget Elevates Spot Elite Trading System Bitget has significantly upgraded its spot elite trading system for professional traders managing copy trading strategies. Key enhancements include an integrated sub-account system for better risk management and strategy execution, an advanced UI, and an improved recommendation algorithm. To incentivize adoption, the first 200 users to upgrade and establish a new elite portfolio by November 5, 2025, will receive a 15 USDT reward. Upgraded traders will also gain enhanced platform exposure through new recommendation mechanisms. Users must update their Bitget app to version V2.68.0 or above to access these features.