Odaily News According to official news, Solana Ecosystem Multi-Signature Protocol Squads recently announced the official start of development of Squads Protocol v5, the next generation version of SVM smart accounts, designed to accelerate the adoption of smart accounts and account abstractions on Solana and SVM. In 2025, the activation of Solana runtime features will increase CPI limits, making smart accounts a focus of attention on the Solana chain. To meet this shift, Squads is designing Squads v5 to enable developers to build wallets, DeFi applications, and payment solutions that provide seamless login, strong security, and an intuitive user experience. Squads v5 will introduce several breakthrough features that will give users fine-grained control over their smart accounts: -Hooks; -Synchronous transaction execution; -New permissions and key layer adaptive time locks; -Performance and memory improvements. Squads Protocol v5 will be formally verified and will be launched on the Solana mainnet later this year. Earlier in June, Squads Labs, the developer of the Solana ecosystem multi-signature protocol Squads, announced the completion of a US$10 million Series A financing round, led by Electric Capital, with participation from Coinbase Ventures, Placeholder VC, RockawayX, L1 Digital and Helius co-founder and CEO, and Odyssey Ventures founder Mert Mumtaz.

Odaily News Squads Labs co-founder Stepan Simkin posted on the X platform that more than 1 million SOLs have been staked through Squads smart accounts.

Odaily News Squads Labs, the developer of the Solana ecosystem multi-signature protocol Squads, announced the completion of a US$10 million Series A financing round led by Electric Capital, with participation from Coinbase Ventures, Placeholder VC, RockawayX, L1 Digital and Helius co-founder and CEO, and Odyssey Ventures founder Mert Mumtaz.

1. Cointelegraph has deleted the tweet about BlackRock ETF approved; 2. Cointelegraph: The fake news originated from unconfirmed screenshots and was posted by an employee on X without editorial approval; 3. BlackRock: Bitcoin Spot ETF applications are still under review by the SEC; 4. U.S. SEC: Be careful with information on the Internet, SEC officials are the best source of information; 5. BlackRock CEO responded to fake news driving up prices: Customers around the world have concerns about cryptocurrencies The demand is very high; 6. Editor-in-Chief of Cointelegraph: The constant pursuit of pressure to publish news leads to the occurrence of fake news, which is not a problem in the journalism industry; 7. A certain whale spent US$610,000 to buy 20.5 WBTC and then sold it after confirming the fake news, resulting in a loss of 49,000 USD; 8. Uniswap will charge a fixed fee of 0.15% for 11 tokens traded through the official front end; 9. FTX creditors have agreed to support a revised restructuring plan to be submitted in December; 10. Lido will no longer support SOL staking, Node operators will exit starting on November 17; 11. dYdX: Shut down dYdX Chain testnet 3 and launch testnet 4 later this week; 12. Binance will stop accepting new users in the UK to comply with advertising rules; 13 . Manta Pacific will migrate from Optimism to Polygon zkEVM L2 technology; 14. OKX CEO: If you believe in the development potential of Bitcoin, hold it, if you don’t believe it, sell it; 15. Multi-signature management tool developer Squads Labs completed US$5.7 million in strategic financing. Placeholder VC led the investment; 16. More than 51.22 million BLUR monthly unlocked tokens have been transferred to Coinbase Prime; 17. The judge requires Genesis to respond to subpoenas related to the UST collapse within 5 days; 18. Binance will list ORBS 1-20x U Standard perpetual contract.