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Quick Take Summary is AI generated, newsroom reviewed. BNB overtakes XRP to become the third-largest crypto with a $182.6B market cap. CZ’s “BNB meme szn” post ignited a speculative boom. BNB Chain generated $1.4M in transaction fees in 24 hours. On-chain activity surged with 4.9M daily transactions and 22% rise in active addresses.References X Post Reference
Quick Take Summary is AI generated, newsroom reviewed. SEC declined to pursue appeals against Ripple and other crypto firms Ripple CLO Stuart Alderoty framed the move as a regulatory pivot. XRP traded near $2.50 with ~$10B 24h volume on Oct 8, 2025. The move reduces Ripple’s legal exposure and may accelerate product adoption and ETF hopesReferences X Post Reference
- 06:22Ethstorage announces official mainnet launchAccording to ChainCatcher, the Layer2 solution EthStorage, which provides programmable dynamic storage, announced on October 14 that its mainnet has officially launched. EthStorage brings PB-level, verifiable storage capabilities to Ethereum, making long-term, on-chain data preservation feasible and cost-controllable. This launch marks a key breakthrough in Ethereum's modular roadmap: after having the computation layer (L2 Rollups) and consensus layer (Ethereum L1), a decentralized storage layer has now been added, unlocking Web2-level scale and Web3-level security for the next generation of Web3 applications.
- 06:12Farcaster launches deposit reward campaignForesight News reported that the decentralized social protocol Farcaster has launched a deposit reward campaign. Users who deposit USDC on Base will receive a 10% reward, paid weekly (1% per week, for 10 weeks). In addition, deposits on Base must be made in USDC, and any USDC transferred or exchanged within a week will not generate rewards. The USDC balance must be higher than today's balance to start earning, and the maximum USDC reward per account is $500. The official statement notes that rewards will only be paid to legitimate accounts that clearly belong to individuals.
- 06:12Touareg Group establishes U.S. subsidiary to focus on blockchain infrastructure and digital asset trading platformForesight News reports that Touareg Group has established a U.S. subsidiary, Touareg Group Technologies. The newly formed subsidiary will focus on artificial intelligence, blockchain infrastructure, and digital asset trading platforms, with a particular emphasis on developing a new generation of crypto exchanges. This exchange aims to provide institutional-grade security, a compliant regulatory framework, and trading functionalities to serve both retail and institutional investor groups.