On October 15th, as per chainwire, the Zeta Network Group (with a Nasdaq code: ZNB) announced today that it had signed a securities purchase agreement. Through a private placement, a total of $230,837,060.2 was raised. The issuance includes (1) Class A Common Stock; (2) Warrants (each warrant gives the holder the right to subscribe for one share of Class A Common Stock at an exercise price of $2.55 per share), and the combined issuance price for Class A Common Stock and Warrants is $1.7 per unit. The total amount raised of $230,837,060.2 will be accepted in Bitcoin or SolvBTC. SolvBTC is a wrapped token that is pegged 1:1 to Bitcoin and is issued by the Solv Protocol. It serves as an on-chain Bitcoin reserve, providing an institutional-grade mechanism for the productive applications of Bitcoin holdings. The private placement is expected to be completed on October 16, 2025, subject to customary closing conditions.

On October 15th, as reported by globenewswire, Nano Labs Ltd, a Web 3.0 infrastructure and product solutions provider (with a Nasdaq stock code of NA), announced that its board of directors has given the green light to a share repurchase plan. Under this plan, the company is authorized to repurchase shares with a value of up to $25 million within the next 12 months, depending on market conditions. Under the share repurchase plan, the company is permitted to regularly repurchase its common stock through open market transactions, private negotiated transactions, block trades, or any combination thereof. However, it must comply with applicable securities laws and the company's insider trading policy.

On October 15th, based on Coinglass data, the current funding rates of mainstream CEX and DEX show that after several days of adjustments, the current market still clearly leans towards being bearish. This is shown in the specific funding rates in the following chart. BlockBeats Note: The funding rate is a fee set by cryptocurrency exchanges to maintain the balance between the contract price and the underlying asset price. It is usually applicable to perpetual contracts and is a mechanism for the exchange of funds between long and short traders. The trading platform does not charge this fee. It is used to adjust the cost or profit of traders holding contracts to keep the contract price close to the underlying asset price. When the funding rate is 0.01%, it represents the baseline rate. When the funding rate is greater than 0.01%, it indicates a generally bullish market sentiment. When the funding rate is less than 0.005%, it indicates a generally bearish market sentiment.

On October 15th, in Meteora, the liquidity protocol of Solana's ecosystem released an announcement clarifying its TGE mechanism. Out of the allocated 48% token supply, 10% will be distributed through a liquidity distributor, enabling users to provide liquidity for MET immediately upon the start of trading. The initial liquidity for MET will be established by the community instead of the team, unlocking the power of Meteora's fee generation mechanism. The early liquidity pool will only consist of the MET token. Early buyers will deposit USDC to provide liquidity on the selling side. By this method, it ensures that MET has sufficient liquidity while rapidly expanding the liquidity provider pool. Participants will receive a combination of USDC and MET rewards, with the specific ratio depending on MET's market price. For instance, when the market capitalization reaches around $1.127 billion (unit price $1.127), approximately 4.5% of MET will be drawn from the pool. This means that if a u

On October 15th, the board of directors of BNB Treasury Company Nano Labs officially gave the green light to a share buyback program with a maximum value of $25 million. This program is planned to be implemented in stages within the next 12 months.

On October 15th, as per the official announcement, Binance is set to launch the Yield Basis (YB) principal-protected yield farming product at 19:00 UTC on October 15, 2025, and commence subscriptions. Simultaneously, YB will be listed on the one-click buy-in, instant exchange platform, as well as for leverage and futures trading. Users have the ability to purchase YB through one-click buy-in using credit cards, and the instant exchange platform enables the exchange of YB for BTC, USDT, and other tokens. In leverage trading, YB will be introduced as a borrowable asset along with its corresponding trading pairs. The YBUSDT perpetual contract will also become operational on the same day with a maximum leverage of up to 25 times.