In the past hour, total liquidations across the network reached $67.29 million, with $58.96 million from long positions, with $8.33 million from short positions. BTC liquidation $50.83 million, ETH liquidation $48.94 million.

According to Odaily Planet Daily, South Korea's Ministry of Strategy and Finance has selected a new pilot project for the use of blockchain digital currencies under the 2026 regulatory sandbox framework. This project will explore the use of deposit tokens to execute business promotion expenses, aiming to test the application of blockchain technology in national fiscal operations. Currently, business promotion expenses in South Korea are mainly executed through government procurement cards, and additional explanations are required for use during restricted periods such as late nights or weekends. Previously, payment methods were relatively limited due to the National Finance Management Act. This regulatory sandbox approval creates an exception for the use of deposit tokens. The ministry stated that by pre-setting conditions such as expenditure time and industry category, deposit tokens are expected to improve execution transparency and reduce the cost burden on small business owners by removing intermediaries in the payment flow. The Ministry of Strategy and Finance plans to officially launch the pilot program in the fourth quarter of 2026, with Sejong City as the first implementation site. In addition, South Korean regulators are simultaneously strengthening the supervision of stablecoins, tokenized real-world assets, and automated trading.

Odaily Planet Daily reports that the UK Financial Conduct Authority (FCA) has released the final draft of its crypto asset framework. The new regulations aim to bring most crypto activities under the Financial Services and Markets Act by October 25, 2027. According to the proposal, any institution holding clients' crypto assets for more than 24 hours or possessing the ability to revoke client permissions will be considered a regulated custodian and required to hold a full guarantee license. Validators and node operators offering value-added features such as yield or reward reinvestment will lose their technical exemptions. Furthermore, stablecoin issuers within the UK must control the entire lifecycle from issuance to redemption. Relevant institutions must submit authorization applications between September 30, 2026, and February 28, 2027.

According to Odaily, Blockstream CEO Adam Back stated that Bitcoin should adopt an optional quantum-resistant upgrade scheme, rather than the mandatory freeze of quantum-threatened tokens proposed in BIP-361. BIP-361 proposes phasing out quantum-vulnerable addresses over five years and eventually freezing unmigrated tokens, including assets held by Satoshi Nakamoto. Recent research from Google indicates that a superconducting quantum bit system could potentially crack Bitcoin encryption in minutes with fewer than 500,000 physical qubits. Currently, approximately 6.9 million BTC are at this risk. In response to the quantum threat, BitMEX Research has proposed establishing a canary fund to implement a full freeze only when expenditures occur at relevant addresses.

According to official sources, the latest model, Claude Opus 4.7, is now fully available. This model represents a significant improvement over Opus 4.6 in advanced software engineering, capable of handling complex long-range tasks and performing self-output verification. Opus 4.7 supports higher resolution image processing, with the longest side reaching 2576 pixels. In terms of security, the model incorporates built-in protection measures to automatically detect and block unauthorized cybersecurity requests and has launched a network verification program. Opus 4.7 is currently available on platforms such as API, Amazon Bedrock, and Google Cloud Vertex AI, with pricing remaining the same as Opus 4.6: $5 per million input tokens and $25 per million output tokens.