Gold’s Total Market Value Exceeds $28 Trillion
According to a report based on CompaniesMarketCap data from Jinshi Data, gold’s total market value has exceeded $28 trillion, placing it firmly in first place in the global asset rankings. Even the combined value of assets such as Nvidia ($4.58 trillion), Microsoft ($3.82 trillion), Apple ($3.68 trillion), and Bitcoin ($2.26 trillion) cannot reach this level.
BlackRock: $4.5 Trillion Stored in Digital Wallets
BlackRock’s CEO announced that there are more than $4.5 trillion in assets in digital wallets worldwide, including cryptocurrencies, stablecoins, and tokenized assets. Fink stated that this market will “expand rapidly” in the coming years.
BlackRock Transferred $440 Million to Coinbase Prime
According to Onchain Lens data, BlackRock transferred approximately $440 million worth of digital assets to its Coinbase Prime account in the last hour, including 93,158 ETH ($364 million) and 703.74 BTC ($77.67 million).
U.S. Government Transfers 667 BTC in Potapenko/Turogin Case
According to Onchain Lens, the U.S. government transferred 667.67 BTC (worth approximately $74.8 million) seized three years ago in the crypto fraud case involving Estonians Potapenko and Turogin. A total of $575 million in assets had been seized in the case.
Empery Digital Secures $100 Million Credit Line
Nasdaq-listed Bitcoin treasury company Empery Digital secured a new $100 million credit line through an agreement with Two Prime Lending. The company also increased its share buyback program to $150 million and completed the repurchase of 6.74 million shares as of October 10.
Ethereum’s “Fusaka” Update Goes Live on Sepolia Testnet
Ethereum developers launched the Fusaka upgrade on the Sepolia testnet following successful tests on the Holesky test network. The final stage, the Hoodi testnet trial, will take place on October 28. Fusaka will reduce bandwidth requirements and lower costs by enabling validators to process only a portion of the data using the PeerDAS data verification system.
Ethena Labs: USDtb Smart Contracts Moved to Anchorage Digital
Ethena Labs announced that the smart contract for its USDtb stablecoin will be managed by Anchorage Digital Bank. This transition signals the stablecoin’s compliance with U.S. federal regulations under the GENIUS Act.
Christie’s Ventures Focuses on Web3 and AI
Christie’s CEO Bonnie Brennan announced that the venture arm Christie’s Ventures will now direct its investments toward Web3, artificial intelligence, FinTech, and hardware technologies. According to the company’s data, 80% of collectors participating in auctions last year conducted transactions online.
Solana Maintains Leadership in On-Chain Value in the Third Quarter
According to Cointelegraph data, Solana’s real economic value on the chain was recorded at $223 million, while Tron’s was $160 million. Solana maintained its leadership in this area throughout the third quarter.
