Odaily reports: Liu Jun, President of Industrial and Commercial Bank of China (ICBC), stated at the inaugural Digital RMB Annual Meeting held during the 2026 Financial Street Forum Annual Conference that technology can only reinforce trust, not replace it. Whether a digital currency can become a currency hinges on how credit is supported and honored, and how responsibility is implemented. If algorithms or pegged assets lack transparent regulation, or if trust is built solely on an impenetrable technological "black box," its credit system cannot be established, and its value foundation will be fragile.

Liu Jun pointed out that digital currencies offer new possibilities for cross-border settlement, but technology cannot create a currency's international status out of thin air—the discourse power of digitally anchored currencies ultimately depends on comprehensive national strength. RMB internationalization requires the introduction of diverse market participants and the establishment of a global regulatory coordination mechanism and regulatory technology that keep pace with the times.

Odaily reports that, according to Onchain Lens monitoring, a Hyperliquid trader closed a $3.4 million ZEC short position after holding it for 6 days, incurring a loss of $187,000. The entry price was $1,179.50 and the exit price was $1,244.50, bringing cumulative losses to $1.82 million.

Odaily reports that according to market data, small-cap altcoins DOOD, IOST, and MPLX recorded single-day gains of 113%, 81%, and 42%, respectively. These tokens have no obvious positive news catalysts at present; their trading volumes on Upbit rank 1st, 2nd, and 6th, respectively, with DOOD's Upbit trading volume exceeding $100 million, accounting for 10% of the platform's total daily volume. Upbit may be the driving force behind the related price increases.

Odaily reports: Robinhood Chain DEX protocol Fables has announced the launch of the FABLES token, with the FABLES/USDG trading pool open for trading, and points claiming and PROLOGUE redemption also opened simultaneously. After FABLES launched, its market cap reached a peak of $18.67 million; it currently stands at $7.56 million, down about 59.51% from its post-launch high. PROLOGUE currently has a market cap of $1.38 million, down 57.23% over the past 24 hours. Fables previously stated that every 40 PROLOGUE can be redeemed for at least 1 FABLES.

Odaily: Peter Brandt posted on X that Monero's current pattern is similar to the setup silver exhibited before rallying to $125. Monero has repeatedly tested the key resistance zone around 500 to 600, with its moving average structure strengthening.

Odaily reports that according to Onchain Lens monitoring, a whale bought and withdrew 814.7 ZEC from Binance, valued at $1.03 million. Twenty-four minutes earlier, the whale first made a test transfer of 0.4995 ZEC, worth $629.

Odaily: Binance Alpha will list Axis Robotics (AXIS) on October 21, 2026, at 19:00. Users holding at least 235 Binance Alpha points can claim an airdrop of 250 AXIS tokens on the Alpha event page on a first-come, first-served basis. If the event has not ended, the points threshold will automatically decrease by 5 points every five minutes.

According to Gate data, the Korean KOSPI index closed up 182.93 points on Wednesday, October 21, a gain of 3.29%, to 5,735.67 points. Samsung Electronics rose 5.67%, and SK Hynix rose 5.8%.

According to an official announcement, Gate has released its latest Proof of Reserves report. As of October 18, 2026, the platform's total reserve scale has risen to $8.688 billion, up 5.7% quarter-over-quarter from the previous period; the overall reserve ratio has reached 118.49%, continuing to exceed the 100% industry safety benchmark. This report covers 500 cryptocurrencies.

In terms of core asset reserves, BTC user assets grew to 21,156 BTC, while the platform's reserve holdings grew to 25,727 BTC, with the reserve ratio rising from 120.32% to 121.60%; ETH user assets grew to 362,785 ETH, while the platform's reserve holdings grew to 449,042 ETH, with the reserve ratio rising from 123.59% to 123.78%.

For stablecoins, the total user assets for USDT, USD1, GUSD, and USDC amounted to approximately $1.497 billion, corresponding to platform reserves of $1.746 billion, with a combined reserve ratio of 116.59%. In addition, the reserve ratios for major assets such as DOGE, GT, and SOL reached 106.76%, 129.00%, and 102.51% respectively, all above the 100% safety line.

Odaily: Arthur Hayes posted on X that the Flop testnet and airdrop will launch in a few weeks. There is currently no FLOP token, and anyone claiming that a FLOP token exists is a scammer.

Odaily reports: According to ZachXBT monitoring, an institution was suspected to have been stolen of approximately $2.84 million on the BNB Smart Chain (BSC) on October 8 by the North Korea-linked group SquidSquad. The attacker deposited 1,111.2 ETH into Tornado Cash on October 20, then withdrew it to 3 addresses, and subsequently bridged the funds from Ethereum to Tron via USDT0, consolidating them into 2 addresses. All of the above consolidation addresses have fund connections to addresses previously attributed to North Korea. The funds then flowed through intermediary addresses to Chinese OTC desks within minutes. ZachXBT believes this move may have been intended to circumvent a potential Tether freeze.

PPP prediction market tool monitoring shows that on Polymarket, the probability of "Tesla and SpaceX to officially announce merger by December 31" has risen to 23%, up 7% in 24 hours.

According to the resolution rules, if before 23:59 (US Eastern Time) on December 31, 2026, Tesla or SpaceX officially announces that the two parties will undergo, are undergoing, or have completed an acquisition or merger, the market will resolve as "Yes"; otherwise, it will resolve as "No." As long as a formal announcement is made before the deadline, it qualifies for a "Yes" resolution regardless of whether the transaction is ultimately completed. Partial equity acquisitions may also count, but the acquirer must obtain control of the other company (typically more than 50% equity or equivalent control); investments or transactions that do not involve a transfer of control do not count.

Resolution is primarily based on official announcements from Tesla or SpaceX, and may also reference consistent reporting from multiple credible media outlets.

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

Odaily Report: Ripple's brokerage business Ripple Prime (formerly Hidden Road) has since October 15 opened round-the-clock equity, commodity, and currency swap trading to institutional clients, covering more than 100 markets and supporting the use of the U.S. dollar stablecoin RLUSD as margin. Trading firm Virtu has already used the service. The swaps track perpetual contracts listed on the Trade.xyz platform within the Hyperliquid ecosystem, have no expiry date, and support 24-hour trading, allowing funds to trade assets such as gold while traditional markets are closed, with clients managing margin and risk through Ripple Prime.

Daragh Maher, Head of Digital Asset Research at HSBC, said in a client report that the service represents "an evolution rather than a revolution," and warned that limited liquidity could constrain large trades. Before order book depth develops, activity may be concentrated more in basis trades by market makers, proprietary trading firms, and hedge funds. This month, a case emerged in which nearly $52 million in leveraged chip stock positions were liquidated within 10 minutes.

Odaily: The Starknet Foundation has announced the launch of the Bramble wallet, which integrates the STRK20 shielding feature and supports users in holding private balances. Currently, Bramble is only available as a Chrome browser extension, with broader ecosystem support to follow.

Odaily: Upbit has announced that due to GRAM wallet maintenance on The Open Network (TON), the platform has suspended GRAM deposit and withdrawal services starting from the announcement on October 21, 2026. The resumption time is to be determined and will be notified separately. During the maintenance period, GRAM trading will not be affected.

Odaily reports: Nasdaq-listed company BNB Standard Corporation (ticker: BNC) has announced that it will ring the opening bell at the Nasdaq MarketSite in New York's Times Square at 9:30 AM ET on October 26, celebrating the company's adoption of its new name and the appointment of Alex Odagiu as Chief Executive Officer on October 19. Odagiu will be joined by board members and management, with the livestream beginning at 9:15.

BNC states that it holds the world's largest corporate BNB treasury and builds and operates its business on BNB Chain, with plans to run a BNB Chain validator node. Odagiu said that most institutional investors have not yet researched BNB.