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Odaily News: Hong Kong-regulated tokenized gold XAUa has launched on Sui. The token is minted under the Sui Permissioned Asset Standard (PAS), issued by AlphaToken, and distributed to on-chain users by TBook. Each XAUa is backed by physical gold stored in Hong Kong, and holding and purchasing are subject to eligibility requirements. Under PAS rules, issuers write compliance rules into a Policy, and each transfer must pass validation before settlement; transfers that fail validation are rejected and balances remain unchanged. TBook has migrated and rebuilt its vault issuance platform onto PAS, allowing future RWA issuers to directly issue vaults with similar compliance controls on Sui.

Odaily News: Hyperliquid today unstaked 180,000 HYPE tokens for the monthly unlock for team members; the identity of the earlier over-the-counter buyer remains unclear.

Odaily News: Circle has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) regarding proposed crypto asset regulations, supporting rules that promote innovation while maintaining transparency, investor protection, market integrity, liquidity, and efficiency. Circle recommended aligning the regulations with the GENIUS Act and requested clarification that payment stablecoins compliant with the Act can be used for on-chain capital formation and settlement, and that they constitute "cash" under proposed Rule 302(b), subject to corresponding USD valuation, accounting, and customer reserve treatment. Circle also proposed reducing the broker-dealer haircut for GENIUS-compliant payment stablecoins from 2% to zero, and asked the SEC to clarify that technical services provided after network operation do not constitute necessary management work, while establishing a safe harbor for technical roadmaps.

Odaily News: Although U.S. September Consumer Price Index (CPI) and Producer Price Index (PPI) increases both came in above expectations, AI infrastructure buildout has shown no clear signs of slowing, and energy prices remain elevated, market participants still expect the Federal Reserve to keep interest rates in the target range of 3.75% to 4.00% on Wednesday. Previously, several senior Fed officials delivered remarks signaling no rush to raise rates this month.

Oxford Economics noted: "Williams and Jefferson made those remarks before the upside surprises in the inflation data emerged. We do not believe their comments were a channel through which Warsh indirectly conveyed views to the market, as may have occurred under several past Fed chairs." If the Fed decides to hold rates steady, officials such as Cleveland Fed President Hammack and Dallas Fed President Logan may cast dissenting votes. Both have previously said monetary policy still needs further tightening.

Odaily News: The variable borrow rate curve for USDT in Aave's Ethereum market has been adjusted. When liquidity in the pool tightens, borrowing costs now rise earlier than before; accrued interest on existing debt remains unchanged, and the new rate only changes the growth rate of debt balances going forward.

Odaily News: Unitree Technology released its Q3 2026 report on Oct. 28. The report shows that the company's third-quarter operating revenue was 665 million yuan, up 69.93% year over year. Net profit attributable to shareholders of the listed company was 113 million yuan, down 17.37% year over year, while net profit after deducting non-recurring gains and losses was 105 million yuan, down 17.42% year over year.

For the first three quarters, Unitree Technology's operating revenue was 1.817 billion yuan, up 55.71% year over year. Net profit attributable to shareholders of the listed company was 387 million yuan, up 270.54% year over year, while net profit after deducting non-recurring gains and losses was 349 million yuan, down 18.78% year over year.

As of the close on Oct. 28, Unitree Technology's stock price rose 8.74% to 695.90 yuan per share, with a market value of 281.5 billion yuan. Over the 15 trading days since October, the stock has cumulatively risen about 54.51%. (Bianews)

Odaily News: The Federal Reserve will announce its October interest rate decision at 2 a.m. Beijing time on the 29th. The market widely believes that the Fed may choose to hold steady at this meeting, with the probability of a rate hike currently priced at only 9.4%. At its September meeting, the Fed raised rates by 25 basis points, the first increase in more than three years. However, the rate hike did not ease price pressures; the U.S. Consumer Price Index rose 3.7% year-over-year in September, up from 3.4% in August.

Analysts believe that from a risk-reward perspective, keeping rates unchanged in October may be the more appropriate outcome. Currently, major financial institutions including Goldman Sachs, JPMorgan Chase, Morgan Stanley, Barclays, Deutsche Bank, UBS and HSBC all expect the Fed to raise rates by 25 basis points in December. (CCTV Finance)

Odaily News: Alphabet (GOOGL.O) and Microsoft (MSFT.O) will release their latest quarterly earnings after the U.S. market close on Wednesday. As big tech companies continue to expand investment in artificial intelligence infrastructure, investors are focusing on two metrics: whether cloud business growth can continue to accelerate, and how much rapidly swelling capital expenditures are eroding free cash flow.

Market expectations for the two companies have diverged markedly. Bloomberg data shows that since the previous earnings round in late July, Microsoft shares have risen about 36% cumulatively, when Azure recorded its fastest growth in four years; Alphabet fell 6.3% over the same period, after the company sharply increased AI capital expenditures, turning its free cash flow negative. Wednesday's earnings will further test whether the two companies can use cloud revenue growth to prove that AI investment is generating returns.

Odaily News: The World Bank said on Wednesday that global commodity prices are expected to rise 23% in 2026, driven by higher energy prices during the Middle East war, disrupted shipping, blocked grain shipments from the Black Sea, and strong demand for safe-haven assets such as gold.

In its latest Commodity Markets Outlook report, the World Bank noted that oil, natural gas, food, and metals prices have all risen sharply this year as global shocks intensify. The situation could worsen further if the Middle East conflict escalates and Russian oil infrastructure continues to be damaged.

The report projects that commodity prices will fall 7% next year. However, if the shocks persist, including an El Niño phenomenon that could be the most severe since 1950, food commodity prices may remain elevated, increasing the risk of higher inflation and tighter monetary policy. The World Bank noted that global oil inventories have been steadily drawn down during the Middle East war. It expects global oil supply to fall 5.2% in 2026, the largest decline in the past 40 years apart from the 2020 global recession.

Odaily News: Bankless published a discussion on the controversy surrounding Zcash's excess development funds, noting that the Zcash development funding program's fund size continues to swell, with net funds currently estimated at about $125 million, far exceeding current spending needs. Zcash co-founder and current Tachyon lead Sean Bowe has drafted a proposal recommending that the 8% block reward currently allocated to ZCG be terminated in a future network upgrade.

Around the development funding mechanism, four proposals have now emerged in the community, involving terminating ZCG grants, abolishing the entire development fund allocation mechanism, or gradually reducing the allocation ratio to zero. Supporters argue that the current mechanism causes funds to accumulate continuously as the ZEC price rises, but ZCG is not directly controlled by coin holders; opponents worry that cutting development funding without an alternative could affect the protocol's subsequent development and maintenance. All proposals remain under discussion and have not yet been finalized.

Odaily News: Cysic has released an update on its security incident response, disclosing that it has completed the burning of 7,200,002 CYS on BNB Smart Chain (BSC) to offset the previously unauthorized token minting. Both burn transactions have been confirmed on-chain, permanently reducing the CYS token supply on BSC and bringing it back in line with the project's tokenomics model.