On October 16, YZi Labs announced that it has led a $50 million financing round for Better Payment Network (BPN). BPN focuses on programmable payment networks in the multi-stablecoin era, built on the BNB Chain and utilizing a CeDeFi architecture. It supports instant, low-cost, and compliant cross-border settlements. Its system optimizes payment liquidity through real-time stablecoin minting and conversion, reducing settlement time to 3-4 hours and costs to approximately 30 basis points.

1. Federal Reserve officials expect to cut interest rates twice more this year 2. The US government explores adding $1.4 billion in Bitcoin to its reserves 3. US Department of Justice Confiscates $15 Billion in Bitcoin, Involved in Cambodian Telefraud Case 4. UK plans to update crypto donation guidelines, Reform UK accepts first crypto donation 5. Ripple plans to expand its stablecoin RLUSD to the African market 6. The Bank of England plans to lift the limit on stablecoin holdings 7. Listed companies increase their holdings of Ethereum by billions of dollars 8. Sony applies for banking license and plans to provide cryptocurrency services The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/493589

[North Korean Hackers Exploit Open-Source Platforms to Target Cryptocurrency Developers] U.S. cybersecurity company Socket has revealed that a North Korean hacker group is spreading malware through the globally used software repository npm registry. Research indicates that over 300 malicious code packages have been uploaded to the platform, disguised as harmless tools widely used in website and cryptocurrency application development. Once downloaded, these codes implant malware to steal user passwords, browser data, and cryptocurrency wallet keys. Socket has named this attack operation 'Contagious Interview' and pointed out that it is a sophisticated attack carried out by a North Korean state-backed hacker group, targeting blockchain and Web3 developers. Hackers often pose as technical recruiters to lure victims.

[Trump: The U.S. is Engaged in a Trade War with China] Former U.S. President Trump confirmed that the U.S. and China are engaged in a trade war, stating, 'We are already in it.' This remark highlights the tense economic relations between the two countries. (Cointelegraph)

[RubiFi Official X Account Compromised, Beware of Phishing Information] According to monitoring by Scam Sniffer, the official RubiFi X account has been compromised and phishing tweets have been posted. Users should remain vigilant to avoid being deceived.