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1Bitget Daily Digest(October 16)|SEC to Introduce Innovative Exemption Mechanism by End of 2025; Japan Plans Legislation to Ban Crypto Insider Trading; Aptos Partners with Reliance Jio to Launch Blockc2Chainlink holds 63% oracle market share as LINK price tests resistance3Top 3 Altcoins for November Gains: Experts Highlight ETH, ADA, and LINK
Flash
- 03:12Bitcoin miner Bitfarms increases its convertible senior notes offering to $500 millionJinse Finance reported that Bitcoin miner Bitfarms Ltd. has announced the pricing of its offering of convertible senior notes due 2031, with a total principal amount of $500 million and a coupon rate of 1.375%. At the same time, Bitfarms has granted the initial purchasers of the convertible notes an option to purchase up to an additional $88 million principal amount of the convertible notes within 13 days from and including the initial issuance date. The size of this offering has been increased from the previously announced $300 million. Subject to customary closing conditions, the offering is expected to close on or around October 21, 2025.
- 03:05RootData: SOSO will unlock tokens worth approximately $4.95 million in one weekAccording to ChainCatcher, based on token unlock data from the Web3 asset data platform RootData, SoSoValue (SOSO) will unlock approximately 6.66 million tokens at 10:00 on October 24 (GMT+8), with a value of about $4.95 million.
- 03:05Data: Crypto sector falls for three consecutive days, DePIN sector leads the decline with over 7%, ETH drops below $4,000ChainCatcher news, according to SoSoValue data, most sectors in the crypto market have generally declined. The DePIN sector led the decline over the past 24 hours, dropping 7.18%. Within the sector, Render (RENDER) fell 7.05%, and Filecoin (FIL) dropped 7.58%. In addition, Bitcoin (BTC) fell 2.19%, breaking below $109,000. Ethereum (ETH) dropped 2.14%, falling below the $4,000 mark. In other sectors, the PayFi sector fell 3.03% in the past 24 hours, with Monero (XMR) and Telcoin (TEL) dropping 6.56% and 9.94% respectively within the sector. The CeFi sector declined 3.08%, with Cronos (CRO) down 8.03%. The Layer1 sector dropped 3.71%, with Sui (SUI) down 7.62%. The Layer2 sector fell 3.74%, but Zora (ZORA) bucked the trend and rose 18.68%. The DeFi sector dropped 3.81%, with Aave (AAVE) down 7.58%. The Meme sector fell 4.43%, with Pump.fun (PUMP) down 11.13%. Crypto sector indices reflecting historical sector performance show that the ssiDePIN, ssiAI, and ssiGameFi indices fell by 6.14%, 5.69%, and 5.44% respectively.