According to BlockBeats news, on October 31, Base announced that Fault proofs have been launched on the Base mainnet, allowing anyone to propose or challenge proposals related to L2 state in a permissionless manner.

Base indicates that Fault proofs are a foundational step towards its decentralization. Another important step in achieving the first phase of decentralization for Base is the addition of the Security Council to its contract upgrade key. Once this step is completed, Base can only upgrade contracts based on actions taken by the Optimism Security Council, which only takes actions approved by Optimism Governance.

BlockBeats news, on October 31, according to Cointelegraph, Microsoft shareholders have begun preliminary voting on whether the company should invest in Bitcoin.

BlockBeats previously reported that Microsoft listed the issues to be discussed at the next shareholders' meeting in the Form A document submitted to the U.S. Securities and Exchange Commission (SEC) on October 24. One proposal suggests that the tech company should explore Bitcoin as a hedge against inflation and other macroeconomic impacts.

According to a report by BlockBeats on October 31, Reddit sold off most of its cryptocurrency portfolio in the third quarter, liquidating Bitcoin and Ethereum 'for financial reserves' according to documents filed with the U.S. Securities and Exchange Commission (SEC).

When the social media company filed for its initial public offering (IPO) in February, it held an 'insignificant' amount of cryptocurrency on its balance sheet, having used idle funds to purchase digital assets. On Tuesday, Reddit used the same wording to describe the proceeds from recent sales.

According to BlockBeats, on October 31, Bitwise Chief Investment Officer Matt Hougan stated, "Whether Trump or Harris wins, the regulatory environment for Bitcoin is improving. This is positive news for Bitcoin, especially for other cryptocurrencies as well.

Of course, in the short term, the crypto market leans more towards a Trump victory rather than a Harris win, but in reality, institutions are entering this space, adoption rates are increasing, and ETF inflows are also underway.

I believe that regulatory clarity is actually more important for so-called altcoins, such as Ethereum and lower market cap coins, which are more susceptible to regulatory risk. Therefore, if Trump wins, I expect altcoins to rise more than Bitcoin. But in any case, I think both will go up." (The Block)

BlockBeats news, on October 30, according to official news, the liquid staking protocol Magma in the Monad ecosystem announced the completion of a $3.9 million seed round of financing, with participation from Bloccelerate, Animoca Ventures, CMS Holdings, Maelstrom, Veil VC, Builder Capital, Infinity Ventures, RockTree Capital, Wise3 Ventures, Stake Capital, Relayer Capital, and others.

It is reported that Magma is building MEV-based liquid staking on Monad. In addition, Magma will collaborate with Ether.fi to establish the first re-staking integration on Monad.

According to BlockBeats, on October 30, according to Ember monitoring, the Ethereum Foundation sold ETH again after a week.

Half an hour ago, the address used by the Ethereum Foundation for small-scale and high-frequency sales of ETH sold 100 ETH at a price of US$2,708 in exchange for 270,800 DAI.

According to BlockBeats, on October 30, according to official news, Jito, the Solana ecosystem liquidity staking protocol, announced that re-staking deposits are now open and support deposits of SOL or SOL LST tokens.

BlockBeats reported that on October 30, according to market news, the verdict of Nishad Singh, former engineering director of FTX, will be announced today.

BlockBeats previously reported that Nishad Singh had pleaded guilty to U.S. criminal charges and agreed to cooperate with prosecutors in their investigation of FTX founder SBF.

BlockBeats news, on October 30, according to Lookonchain monitoring, a certain whale purchased 568.5 Bitcoin (about 23.55 million dollars) at a price of 41,420 dollars on April 11, 2022, and then entered a bear market.

This trader is very patient, waiting for Bitcoin to recover, with current profits of 14.2 million dollars.

However, the 5734 Ethereum (about 21.73 million dollars) purchased at a price of 3789 dollars in December 2021 is still facing a loss of 6.13 million dollars.

BlockBeats news, on October 30, the decentralized public network Nillion completed a new round of $25 million financing, bringing the total financing amount to over $50 million. This round of financing was led by Hack VC, with numerous VCs and angel investors participating. Investors who have participated in Nillion include venture capital firms such as Hack VC, Distributed Global, and Hashkey, which are known for their investments in blockchain and distributed infrastructure. Angel investors include well-known figures in the crypto space such as Ansem, Arthur Hayes, and Meltem Demirors, as well as leaders from projects like Worldcoin, Injective, and Sei.

According to BlockBeats, on October 30, Cointelegraph reported that top influencer MrBeast was under investigation for his connection with more than 50 crypto wallets related to potential insider trading, which together made more than $23 million in profits.

BlockBeats news, on October 30, according to official news, the =nil; foundation announced that the =nil; testnet v1 version has officially launched. This protocol is an Ethereum Layer 2 solution that employs zkSharding technology, aimed at addressing the scalability and fragmentation challenges within the Ethereum ecosystem.

This release includes multiple protocol upgrades, improvements to the developer experience, and specific examples to help users utilize the network.

BlockBeats news, on October 30, according to @ai_9684xtpa monitoring, a certain whale/institution withdrew 6,574 ETH (approximately 17.65 million USD) from Binance in the past 3 hours, with an average price of 2,684 USD.

Subsequently, it deposited ETH into Aave and borrowed 16 million USDT, and has now recharged back to Binance.

According to BlockBeats, on October 30, CoinDesk reported that AI data collection startup Sapien completed a $10.5 million seed round of financing, led by Variant, with participation from Primitive Ventures, Animoca, Yield Game Guild and HF0.

It is reported that Sapien is a startup that aims to incentivize people to provide various data for use by artificial intelligence. The Sapien team is led by Rowan Stone (co-founder of the former Coinbase second-layer network Base) and Trevor Koverko (founder of Polymath and author of the RWA standard ERC1400), who incentivize the growing team of data providers by providing USDC stablecoins or reward points to data providers (whether marking everyday objects or traffic signs with mobile devices, or locating specific types of cancer cells).

BlockBeats news, on October 30, according to HTX market data, MASK broke through $3.2, currently priced at $3.247, with a 24-hour increase of 41.24%.

According to BlockBeats, on October 30, according to official news, Ondo Finance announced a partnership with Wellington Management to provide intraday redemption services for tokenized U.S. Treasury funds.

It is reported that Wellington Management Company is one of the world's largest independent asset management companies, with assets under management exceeding US$1 trillion.

BlockBeats news, on October 30, according to market data, the Match social platform meme coin RFG briefly broke through 0.000299 USD, currently quoted at 0.000277 USD, with a 24-hour increase of 31%.

BlockBeats news, on October 30, according to HTX market data, Ethereum has broken through $2700, currently priced at $2703, with a 24-hour increase of 2.67%.

BlockBeats news, on October 30, according to official news, HiFive exchange announced that it will accelerate the development of Bitcoin's second-layer network and launch new asset tracks such as 'Runes' based on an innovative minting model. Mechanisms such as token mapping and circulation control will be employed to ensure market price stability. The new minting model strictly controls the initial circulation and implements market buybacks when price fluctuations approach the minting price, avoiding impacts on the primary market.

HiFive pointed out that the goal of the Runes track design is to provide users with diversified asset management options, and more forms of assets and HIFI staking rewards will be gradually introduced to enhance user participation returns.

BlockBeats News, October 30th, according to Lookonchain monitoring, a certain whale withdrew 1 million USDC from OKX again, betting on Polymarket that Trump will win the U.S. election.

In the past 7 days, this whale has spent 8.8 million USDC on Polymarket betting that Trump will win the U.S. election.