⛵ $SEA Airdrop Confirmed, Jupiter, Uniswap Integrates Solana

Good Afternoon,

Happy Friday! The crypto trading landscape is evolving fast as major platforms pivot and expand. OpenSea confirms a Q1 2026 launch for its SEA token and reinvents itself as a cross-chain trading hub amid a $2.6B trading volume surge. Meanwhile, Jupiter debuts Ultra V3 with enhanced execution and MEV protection, and Uniswap expands to Solana, bringing multi-chain swaps to over 14 networks.

More news below. 👇

News Roundup

Artificial Intelligence

• Salesforce Hit With Class Action Over Alleged Illegal AI Training Data Use (Decrypt)

Decentralized, Centralized, & Traditional Finance

• Ventuals Raises $38M in 30 Minutes After Launching HYPE Liquid Staking Vault on Hyperliquid (The Defiant)

• BOJ Signals Further Rate Hikes if Economy Meets Forecasts, Says Deputy Governor (Reuters)

• Japan’s Top Three Banks to Launch Yen- and Dollar-Pegged Stablecoins for Cross-Border Settlements (Nikkei)

• Paxos’ $300 Trillion Stablecoin Minting Error Sparks Confusion Amid Trust Charter Bid (DL News)

• MrBeast Files Trademark for ‘MrBeast Financial,’ Hinting at Possible Banking and Crypto App (Inc)

• OpenSea Reinvents Itself as a Cross-Chain Crypto Trading Aggregator After NFT Collapse (Forbes)

• Arthur Hayes’ Family Office Targets $250M for Crypto Buyout Fund (Bloomberg)

• Tether Open-Sources Wallet Development Kit to Power Global Financial Freedom Infrastructure (Tether)

• Russia Leads Europe in Crypto Adoption as Institutional and DeFi Activity Surge: Chainalysis (Chainalysis)

Exchanges

• Upbit Lists ZORA for Trading in KRW, BTC, and USDT Markets (Upbit)

• Lighter Compensates Users With $20M in Points After $50M Platform Outage Loss (The Defiant)

• Upbit Lists Zerobase (ZBT) in KRW, BTC, and USDT Markets (Upbit)

• Binance, Coinhouse Face French Money-Laundering Inspections Amid EU Crypto Licensing Push (Bloomberg)

• Jupiter Launches Ultra V3 Trading Engine with Advanced Execution and Security Features (X)

Exchange-Traded Funds

• ‘ETFtober’ Expands as VanEck, 21Shares, and ARK Lead Wave of New Crypto ETF Filings (Cointelegraph)

• U.S. spot Bitcoin ETFs recorded a combined $536 million in net outflows on October 16.

• On October 16, U.S. spot Ethereum ETFs saw $56.9 million in total outflows.

• ARK 21Shares Bitcoin ETF Sees $275M in Outflows, Largest Since August (Decrypt)

Infrastructure

• Ethereum Researcher Justin Drake Hails ‘Extraordinary’ Advances in Real-Time Proving for 100x Network Scaling (DL News)

• Figment Acquires Staking Analytics Firm Rated Labs to Strengthen Institutional Data Offerings (The Block)

• VerifiedX Partners With Halborn to Strengthen Core Security and Audit Transparency (Wu Blockchain)

• Uniswap Integrates Solana, Expanding Multi-Chain Swaps to 14+ Networks (X)

• Bittensor Reinstates Subnet Registration and Deregistration to Boost Competition and Quality (TAO Daily)

Markets

• Bittensor’s Sum of Alpha Prices Falls Below 1.00 for the First Time, Signaling Network Repricing Ahead (TAO Daily)

• Bitcoin Faces Selling Pressure as Miner Deposits to Binance Exceed $5 Billion (DL News)

• Gold Surges Past $4,300/oz on Fed Rate Cut Hopes and U.S.-China Tensions (Reuters)

• Regional Bank Loan Fears Rattle Markets (CNN)

• Bitcoin’s Drop Below $105K Drags Crypto Market Cap to Lowest Level Since July (Decrypt)

• Crypto Crash Wipes Out Another $1B as Bitcoin Faces ‘Macro Stress’ (DL News)

• Launch Coin Plunges 30% After Developers Announce Token Swap to BELIEVE (The Defiant)

• Dogecoin Plunges 23%, Lagging Behind Bitcoin and Ethereum Amid Meme Coin Fatigue (Decrypt)

Politics & Regulation

• Fed Governor Michael Barr Warns of Regulatory Gaps in New GENIUS Stablecoin Law (The Block)

• Florida Lawmaker Revives Crypto Reserve Bill With Stronger Safeguards (Cointelegraph)

• Swiss Gambling Regulator Files Criminal Complaint Against FIFA’s World Cup NFT Platform (The Block)

• Judge to Decide in November if Nigeria Can Proceed With $81B Lawsuit Against Binance After Email Mix-Up (DL News)

• Ondo Finance Urges SEC to Delay Nasdaq’s Tokenization Plan Citing Transparency Gaps (The Defiant)

Token Generation Events

• OpenSea Confirms SEA Token Launch for Q1 2026 Amid $2.6B Trading Surge (Decrypt)

Treasuries

• Newsmax Builds Bitcoin and Trump Meme Coin Treasury to Diversify Digital Holdings (Decrypt)

• DeFi Development Corp. Expands Solana Holdings With 86,307 SOL Purchase (Globe Newswire)

• SharpLink Sells $76.5M in Shares to Expand Ethereum Treasury as BitMine Widens Lead (Decrypt)

• Ripple Reportedly Plans $1B XRP Buy for New Digital Asset Treasury (Cointelegraph)

• CZ Calls for Custody Audits After First DAT Firm QMMM Allegedly Vanishes (X)

• Grant Cardone Buys 200 More BTC Amid Market Sell-Off, Expands Real Estate–Bitcoin Strategy (Bitcoin Magazine)

• Huobi Founder Li Lin to Lead $1B Ether Treasury Firm Backed by Asia’s Crypto Pioneers (CoinDesk)

Venture Capital

• Bain Capital and Apollo Lead $2.5B Crypto Funding Surge in October (DL News)

• MegaETH Buys Back 4.75% Equity and Token Warrants From Pre-Seed Investors Ahead of Mainnet Launch (The Block)

• Stripe-Backed Blockchain Tempo Raises $500M at $5B Valuation in Round Led by Thrive Capital and Greenoaks (Fortune)

Other News

• Texas Firm Sues Tether After $44M in USDT Frozen at Request of Bulgarian Police (DL News)

• Bitcoiners Rally for Signal to Integrate Bitcoin Payments via Cashu Protocol (Cointelegraph)

• Yonsei University Alumni Association Adopts Crypto Payments for Membership Fees (Cointelegraph)

• YZi Labs Launches Second Season of EASY Residency, Expanding Focus to Web3, AI, and Biotech (X)

• Top 5 Ethereum Block Explorers of 2025: From Etherscan to TokenView (Cointelegraph)

• Ethereum Researcher Dankrad Feist Leaves Foundation to Join Stripe- and Paradigm-Backed Tempo (The Block)

Check This Out

According to CryptoQuant, the U.S. government now holds 316,760 BTC, valued at roughly $35.9 billion, cementing its position among the largest known Bitcoin holders globally. These holdings primarily stem from asset seizures tied to criminal investigations and forfeitures over the past decade.

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