Odaily: A Fox Business crypto reporter posted on X that the SEC's tokenization exemption has raised questions about which blockchains qualify, touching on Canton, Ethereum Layer 2 networks, and the specific definitions of public chains and permissionless systems. More companies are opposing the tokenization of their stocks.

Odaily Report: USDC Treasury newly minted 250 million USDC on the Solana network at 05:21 Beijing time, valued at approximately $250 million. The MintTo transaction has been successfully confirmed.

Odaily Sees: Asset management firm JPMorgan Asset Management has expanded money market funds MONY and JLTXX to Solana. Eligible U.S. investors can manage subscriptions, redemptions, and token balances through the Morgan Money platform. Both funds were previously available on Ethereum.

The number of tokenized credit holders on Solana has reached 19,789, and the number of tokenized stock holders in tracked markets is approximately 1.5 million, up 6.7%. (Bitcoin.com News)

Odaily Report: The U.S. Internal Revenue Service (IRS) plans to adjust its voluntary disclosure program before December, reducing tax violation penalties and speeding up processing, with a goal of resolving cases within 120 days after taxpayers complete required filings. The adjustment plan does not establish a dedicated process for crypto assets; related matters will follow existing voluntary disclosure procedures. The IRS is also considering installment payment and compromise settlement options, and specific penalty amounts have not yet been announced.

Jarod Koopman, head of the IRS Criminal Investigation division, said the current process can take a year or longer and is mainly aimed at taxpayers who intentionally violate tax law and may face criminal prosecution, not those with unintentional filing errors.

A separate voluntary disclosure proposal for crypto asset taxpayers is under review, covering unintentional filing errors. Section 502 of the proposed Digital Asset Tax Certainty Act would establish a violation correction procedure and specify penalties; the bill passed the House Ways and Means Committee in September. (Cointelegraph)

Odaily reports: Bitcoin News posted on X platform that Franklin Templeton filed to register two ETFs trading on Nasdaq on October 22, with the prospectus listing an effective date of October 27. The two ETFs will have an initial allocation of 95% U.S. equities and 5% Bitcoin exposure, with dividends distributed from the equities to be allocated toward Bitcoin; during quarterly rebalancing, if Bitcoin's allocation exceeds 5%, it will be reduced to 4.5%.

According to monitoring by the PPP Prediction Market Tool, in the "League of Legends S16 Swiss Stage KC vs. AL" prediction event, an account with $2.3 million in losses

(0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) purchased $98,000 worth of "KC defeats AL" at an average entry price of 34.4¢, buying 287,197.5 shares.

The League of Legends S16 World Championship has now begun and is currently in the Swiss Stage, with every match being a BO1.

Join the PPP signal push community to stay one step ahead and seize the initiative.

Odaily: According to MSX.COM data, BE has fallen 10.2% over the past 24 hours and is now trading at 194.62 USDT.

According to Onchain Lens monitoring, Morgan Stanley's MSBT ETF bought another 28.65 bitcoins worth $2.33 million from Coinbase Prime after a 9-day gap. The related address is bc1qt...jvdqg.

According to Onchain Lens monitoring, Cumberland (0x83B...Fc2e4) transferred 10.31 million USD1 to BitGo, worth approximately $10.3 million, possibly for over-the-counter (OTC) trading.

PPP prediction market tool monitoring shows that in the "League of Legends S16 Swiss Stage TES vs. HLE" prediction event, an account with losses of $2.3 million

(0x6ac5bb06a9eb05641fd5e82640268b92f3ab4b6e) purchased $41,000 worth of TES defeating HLE, with an average opening price of 23¢ and 179,998.3 shares purchased.

The League of Legends S16 World Championship has now begun and is currently in the Swiss Stage, with every match being a BO1. In the first match, GENG defeated IG.

Join the PPP signal push community to stay one step ahead and seize the initiative.

According to Onchain Lens monitoring, a whale withdrew 3,501 BTC, valued at approximately $285.8 million, from Bitstamp and subsequently continued transferring the funds to new wallets.

Odaily reports: Six more companies—U.S. bank Wells Fargo, financial software firm Intuit, and chip design company Arm Holdings—have joined the list of companies opposing the tokenized trading of their shares, bringing the total number of objecting companies to 22. OKXICE, a joint venture between OKX and Intercontinental Exchange (ICE), plans to push forward with tokenized stock trading.

OKXICE initially proposed tokenizing 63 stocks and planned to support round-the-clock trading. The interim exemption framework introduced by the U.S. Securities and Exchange Commission (SEC) in September requires that issuers be informed of stock tokenization arrangements in advance and be able to formally raise objections.

Andrew Cuomo, a board member of OKX and co-chair of OKXICE as well as former Governor of New York, said some companies may accept tokenization immediately, while others will first observe how things develop. He also noted that investor activity is increasingly crossing borders, while market trading hours remain constrained by traditional time windows. (Bitcoin.com News)

Odaily Report: South Korean crypto exchanges Upbit and Bithumb have suspended deposits and withdrawals for Initia (INIT) and issued an investment warning for INIT. Upbit announced that on October 24 it confirmed a suspected security issue on the Initia chain, warning that INIT price volatility may intensify and reminding holders to trade with caution. Previously, Initia officially announced the suspension of L1 and its Rollup operations due to a security incident; security researcher Spreek stated that attackers exploited a vulnerability to mint additional tokens and have cashed out approximately $2.6 million.

According to Zon monitoring, available information indicates that this security incident may have originated from a Day 0 vulnerability in Initia's MoveVM built on Cosmos SDK. The vulnerability allowed attackers to mint additional tokens on Initia L1, but does not affect the native token INIT. Before the blockchain was halted, the attacker had already transferred out approximately $2.7 million worth of AUSD, ETH, and USDC through additional minting and cross-chain transfers. The team is still investigating, and the subsequent impact and further details remain to be confirmed.

Odaily: Israeli Prime Minister Benjamin Netanyahu said on Friday that he has asked for a plan to be developed to use blockchain technology to help Israel cope with potential financial sanctions, warning that U.S. military aid will eventually come to an end.