Crypto analyst Darkfost stated that Bitcoin has been closing above the capital cost benchmark of approximately $80400 for several consecutive weeks, and most of the market's invested funds are already in a profitable state. Market stability has been enhanced as investors' positions become profitable.

Bank of Japan Governor Kazuo Ueda stated that he will gradually increase policy interest rates and adjust the degree of monetary easing based on economic activity, prices, and financial conditions, and consider the timing and pace of adjustments after assessing risks and benchmark scenarios. Economists generally expect the Bank of Japan to maintain its current policy unchanged at its policy meeting on October 30th. The pricing of the overnight index swap market shows that investors believe the probability of the Bank of Japan raising interest rates this month is about 12%, and after taking into account the December meeting, the probability of raising interest rates has risen to about 90%. (Source: Golden Ten Data)

Ondo Finance will allow non US investors to trade the stock of a near IPO AI company on the blockchain 24/7 starting this week.

A 28 year old core member of the Qilin ransomware gang, a Russian national, was arrested in Japan and extradited to Germany on October 2nd. The man is suspected of hacking into the system of a logistics company in Germany and extorting Bitcoin worth approximately $165000 (approximately 26 million yen). The investigation shows that the man was responsible for building the attack system in the Qilin criminal network and extracting a percentage from the ransom. The Japanese police took control of him during his trip to Osaka in late May, and subsequently transferred him to the German side by ruling of the Tokyo High Court.

Nine Japanese institutions, including Sumitomo Mitsui Bank, Daiwa Securities, SBI Securities, Progmat and Datachain, completed Phase II validation of Project Trinity. Daiwa Securities and SBI Securities simulated the start market of Osaka Digital Exchange, and used ST corporate bonds issued by SBI VC Trade and trust type stable currency issued by Sumitomo Mitsui Bank to complete two cross chain simultaneous settlements, verifying the feasibility of the T+2 settlement cycle.