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Blockbeats
Tomorrow’s news rhymes on BlockBeats.
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Injective partners with South Korea's BDACS to introduce the KRW1 stablecoin for RWA market settlement
BlockBeats news: On October 21, Injective signed a memorandum of understanding with South Korean digital asset custody institution BDACS to introduce the Korean won stablecoin KRW1 into Injective's tokenized asset market. It will serve as the exclusive Korean won settlement asset for real-world assets (RWA) on the platform, enabling institutions to trade and settle tokenized assets directly in Korean won, reducing reliance on US dollar stablecoins.
BDACS stated that KRW1 is fully backed by Kore
AMD and Intel have reached a cooperation agreement to set oneDNN as the default open-source library for x86 acceleration in PyTorch
BlockBeats news, on October 21, Intel announced that AMD and Intel have agreed to adopt oneDNN as the default open-source library for x86 acceleration in PyTorch. Through this collaboration, both parties will simplify the process for developers to carry out AI development on x86 CPUs and further optimize AI computing support on the related platforms.
R3 Consortium: Banks' blockchain deployment has shifted from cost reduction to revenue generation, with fixed income and alternative assets becoming new hotspots for tokenization
BlockBeats news: On October 21, Todd McDonald, co-founder of blockchain technology developer R3, stated on StrataMedia's Talking Tokens podcast that banks' attitudes toward blockchain are shifting from early experimentation to practical business applications. They are beginning to use blockchain to launch new products and reach new customers, with the core goal shifting from cost savings to revenue generation.
McDonald believes that open blockchain networks have greater development advantages,
Mastercard opens early access to AI agent autonomous payment system
BlockBeats news, on October 21, Mastercard announced the early access to its AI agent payment system Agent Pay for Machines and demonstrated actual transactions at the Cloudflare Connect conference. This system allows AI agents to autonomously discover services, negotiate transaction terms, and complete payments, while being constrained by human-set budget limits.
The system is built on the open protocol x402. When an AI agent accesses a paid service and receives a "402 Payment Required" respon
Ethereum staking volume rises to 43.8 million, hitting a record high, accounting for 35.9% of the total supply
BlockBeats news, on October 20, the current Ethereum staking amount has risen to a record 43.8 million ETH, accounting for 35.9% of the total ETH supply.
At the same time, both staking yields and the number of validators have declined.
Insiders: Reports about an imminent agreement between the US and Iran are not true
BlockBeats news, on October 20, according to Bloomberg citing diplomats involved in the Iran-US negotiations: negotiations between Iran and the US are still ongoing, and reports about an imminent agreement between the two sides are not true.
In the past 4 hours, the entire network liquidated $155 million, with short positions liquidated at $140 million
BlockBeats news, on October 20, according to Coinglass data, there was a total liquidation of $155 million across the entire network in the past 4 hours, including $15.1135 million long liquidations and $140 million short liquidations.
In the past 24 hours, 64,522 people were liquidated, with a total liquidation amount of $267 million. The largest single liquidation occurred on Binance - BTCUSDT, valued at $11.9648 million.
Irish drug traffickers linked to movements in 6,000 Bitcoin addresses, 500 BTC transferred to Coinbase Prime
BlockBeats news, on October 20, according to Lookonchain monitoring, a Bitcoin wallet allegedly belonging to Irish drug dealer Clifton Collins transferred 500 BTC to Coinbase Prime after being dormant for over 10 years, valued at approximately 41.52 million USD.
Clifton Collins was previously reported to have lost his private key and was unable to access about 6,000 BTC he held. It is still unclear the reason for the transfer and whether the private key has been recovered.
