Hyper Foundation to Distribute $10 Million in Grants Amid Phased Exit of USDH Stablecoin

Blast reached the deadline for its regular withdrawal interface today, yet approximately $40.41 million in assets remain in its official cross-chain bridge on Ethereum mainnet. The amount is down roughly 36% from around $63.5 million recorded on October 2. On October 2, Blast announced the phased shutdown of its Layer 2 network, citing operating costs exceeding revenue and a lack of a credible path to economic sustainability. The project previously noted that users could still withdraw assets after October 26, but would need to interact directly with the bridge contract on Ethereum instead of relying on the regular website interface. At press time, Blast’s official website still displayed the withdrawal entry and a notice of the network’s phased shutdown. The platform has released contract-level withdrawal guides for ETH, USDB, and BLAST. The withdrawal process involves initiating a withdrawal on the Blast network, waiting for the transaction’s state record to be submitted to Ethereum, submitting a withdrawal proof via the OptimismPortal contract, completing a one-day challenge period, and executing the final confirmation transaction.

According to official announcements, blockchain gaming project ArchLoot has released a notice stating it will permanently burn 44,583,346 locked AL tokens, sourced from three pools: ECO Pool (30 million tokens), Treasure Pool (approx 10.417 million tokens), and Reserve Pool (approx 4.167 million tokens). Post-burn, these tokens will no longer be unlocked, distributed, or circulated. The project will publish on-chain transaction hashes for community verification once the burn is complete.

Ripple announced that Aviva Investors, the asset management arm of UK insurance group Aviva, has launched a tokenized share class of the Aviva Investors Sterling (GBP) Liquidity Fund on the XRP Ledger. This fund is Aviva Investors’ largest, with around ￡22 billion in assets under management (AUM). The launch marks the second existing fund to be tokenized by the firm, following the rollout of tokenized shares for its U.S. dollar liquidity fund in July 2026. To date, total investment in the two tokenized share classes exceeds $116 million (￡86 million), with Aviva itself having invested $66 million (￡50 million) in the new share class. The fund is an Irish-registered UCITS money market fund that adopts a "digital twin" model: it maintains an off-chain fund structure while mapping its holdings onto the blockchain. Its underlying assets are custodied by BNY Mellon, with support from digital asset custodian Komainu and tokenization platform Licuido, and is open to qualified investors holding digital wallets.

Morgan Stanley says pressure on semiconductor stocks may ease next month. The strategy team led by Mike Wilson has maintained its year-end forecast for the S&P 500 to reach 8,000 points, while noting that semiconductors—a key sector—could find support at levels well below current prices. As the market grows uncertain about when and how large the revenue opportunities from AI will materialize, semiconductors and other industries benefiting from capital spending have become the "epicenter" of financing concerns. Given potential future financing activities, the team stated: "It is normal for the market to focus on this supply pressure, and this concern is likely to persist until financing is completed." The good news is that the semiconductor sector’s correction has entered its "final phase," expected to wrap up by mid-November. The bad news? Based on their technical analysis and a comparison with the once red-hot silver market, the sector may fall an additional 10% to 15%, with the Philadelphia Semiconductor Index potentially dropping to around 9,500 points. Source: Jinshi.

According to official announcements, ViaBTC has confirmed its attendance as a strategic partner at the 9th Crypto Summit 2026, held at Moscow’s MTS Live Hall from October 28 to 29. The summit will gather miners, investment institutions, crypto exchanges, technology service providers, and policymakers to discuss topics including mining infrastructure, digital asset markets, and regulation. ViaBTC is currently among the world’s top four Bitcoin mining pools and operates the largest Zcash (ZEC) mining pool by hashrate. During the event, Anton, ViaBTC’s Director of Business Development, will join a roundtable discussion focusing on changes in the mining landscape. Drawing on ViaBTC’s experience supporting miners through multiple market cycles, he will explore how mining firms can respond to market pressures, improve profitability, and identify new growth opportunities. Alina, the company’s Business Manager, will deliver a speech sharing practical advice on using mining pool services to help miners manage their daily mining operations more efficiently. Additionally, the ViaBTC team will connect with miners and industry partners at Booth S-02 for face-to-face exchanges, sharing a decade of mining service experience and discussing collaboration opportunities. ViaBTC hopes to gain deeper insights into miners’ actual needs through this event, while continuously enhancing the stability of its mining services and the flexibility of its revenue management.

According to monitoring by ai_9684xtpa, a whale that allocated $8.09 million to accumulate altcoins in early October is still increasing its holdings. Over the past 10 days, it has added roughly $2.7 million, bringing its total position value to $10.79 million, with an accumulated unrealized loss of around $1.904 million. Details of its holdings and losses: 2.55 million ZRO at an average entry price of $2.08, with an unrealized loss of approximately $970,000; 6.3 million WLD at an average entry price of $0.5189, with an unrealized loss of about $568,000; 5.77 million BAT at an average entry price of $0.1981, with an unrealized loss of roughly $288,000; and 20 million CHIP at an average entry price of $0.04928, with an unrealized loss of around $77,000.