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More →Zcash co-founder calls to stop funding ‘over $125M’ grants program
Sean Bowe says ZCG has enough money to keep funding projects and wants its share of new ZEC redirected to a reserve for the network. Zcash co-founder Sean Bowe proposed ending the automatic funding stream to Zcash Community Grants (ZCG), saying its treasury was large enough to continue funding projects without further automatic payments. “ZCG has over $125M in funding, and will receive millions more before the spigot is turned off,” Bowe <a href="https://x.com/ebfull/status/2114911107718742451" rel="nofollow noopener" target="_blank">>said</a> Tuesday on X. “The program was never designed to handle this amount of funding.” Bowe shared a draft GitHub <a href="https://github.com/zcash/zips/blob/end-zcg-stream/zips/draft-bowe-end-zcg-stream.md" rel="nofollow noopener" target="_blank">>proposal</a> that would redirect ZCG’s 8% share of the Zcash (ZEC) block subsidy to the network’s sustainability reserve, while leaving its existing funds untouched. The allocation would flow to the Network Sustainability Mechanism until the current funding period ends in 2028. The mechanism is designed to hold ZEC out of circulation and gradually reissue it through future block rewards. In September, Haseeb Qureshi, managing partner at crypto venture capital firm Dragonfly, proposed ending the <a href="https://cointelegraph.com/news/dragonflys-qureshi-end-zcash-dev-fund-2028" target="_blank" rel="nofollow">Zcash developer fund</a> when its current funding period expires, saying that it risks being “politicized” as it approaches $100 million in value. ZCG’s dashboard <a href="https://zcashcommunitygrants.org/" rel="nofollow noopener" target="_blank">>listed</a> 91,453 ZEC and $8.8 million in cash as of Wednesday, with $2.4 million in outstanding grant commitments. The ZEC holdings alone were worth about $111 million at press time. The network’s separate development lockbox <a href="https://zecstats.org/shielded" rel="nofollow noopener" target="_blank">>held</a> 72,351 ZEC, worth roughly $89 million, according to ZecStats. <em><strong>Related: </strong></em><a href="https://cointelegraph.com/news/prediction-markets-17b-robinhood-exceed-crypto-revenue-2028-bernstein" target="_blank" rel="nofollow"><em><strong>HOOD’s prediction markets to add $1.7B to revenue, exceed crypto by 2028: Bernstein</strong></em></a>
Financial Associated Press, October 27 - India's 10-year government bond yield fell 5 basis points to 7.43%.
CoinWorld news, Cailian Press, October 27: India's 10-year government bond yield fell 5 basis points to 7.43%.
TSLA off-exchange short sale volume ratio reported at 46.79%
CoinWorld US stock data: TSLA's off-exchange short-selling volume accounted for 46.79% of the total that day. Compared with the same-caliber snapshot 7 days earlier, it rose by 2.705 percentage points.
Analyst: Cardano rebounds nearly 3% from recent lows, but Fed decision could affect ADA's recovery.
Coin World news: Cardano (ADA) has rebounded nearly 3% from its latest low but faces pressure from the Federal Reserve's October 28 interest rate decision. ADA is currently around $0.205, still short of the $0.22 resistance level. Analyst Ali Martinez had warned that a daily close below $0.21 could lead to a deeper pullback, with a target price of $0.17. The Federal Reserve's meeting will conclude on October 28, and the market will be watching its policy statement. If policy leans hawkish, it could put pressure on speculative assets. The Cardano community is also considering a proposal involving 22 million ADA related to tokenized physical copper, which requires governance approval.
Zelensky says Russian attacks on Ukrainian infrastructure have "significantly escalated"
CoinWorld news, [Zelensky says Russian military's attacks on Ukrainian infrastructure "seriously escalated"] Cailian Press, October 27 - Ukrainian President Zelensky said in a social media post on the 27th that the Russian military's attacks on Ukrainian infrastructure have "seriously escalated." Zelensky stated that the Russian military launched an attack on a Ukrainian university and its surrounding area on the evening of the 26th, injuring 12 people, including 5 university students and school personnel. While Ukrainian authorities were carrying out emergency rescue operations, the Russian military launched a new round of ballistic missile strikes. Zelensky also said that the Russian military fired 16 ballistic missiles and more than 280 drones that night. Ukraine's Kyiv Oblast, Vinnytsia Oblast, Zaporizhzhia Oblast and other regions reported being attacked. The Russian military's targets were Ukrainian energy facilities, logistics facilities and urban infrastructure. (Xinhua News Agency).
CNBC survey: Fed rate hikes are coming, but not this week
According to a CNBC report cited by Bijie Network, a CNBC Fed survey shows that 93% of respondents expect the Federal Reserve to pause rate hikes at this week's meeting.
ETH large holder account long/short ratio is 3.1806
CoinWorld data: The latest 4-hour snapshot for ETHUSDT shows that among the top 20% of accounts by margin balance, the long-short account ratio is 3.1806, with more net long accounts among large holders. Compared with the same-metric snapshot 24 hours earlier, it rose by 0.1949; compared with the same-metric snapshot 7 days earlier, it rose by 0.7746.
Solana trader deposits another 100 million $PUMP on Binance
CoinWorld data: A Solana trader deposited another 100 million $PUMP (approximately $414,000) on Binance, having deposited a cumulative 300 million $PUMP (approximately $1.31 million) over the past 6 days, and may be planning to sell. The trader has currently realized a profit of $8.23 million.
Anthropic files for IPO as oil prices stay elevated
CoinWorld news, Reuters reports: Anthropic has officially filed for its highly anticipated initial public offering (IPO), while oil prices remain elevated, traders watch diplomatic efforts, and investors look ahead.
Replit CEO predicts that by 2030, all Fortune 500 companies will be "self-driving," with humans making the final decisions.
CoinWorld news: Replit founder Amjad Masad predicts that by the end of 2030, Fortune 500 companies will become "autonomous driving companies," with humans responsible for setting goals and key decisions, and AI agents responsible for concrete execution. Replit has launched Replit for Business to promote this model. In the first half of 2026, the company's engineers' code output was nearly 3 times the previous level, while code review time and the number of production incidents remained stable. Sumitomo Mitsui Finance and Leasing of Japan said that a development process that originally required 6 people and 6 months to complete is now completed by 1 person within a week. As agents execute actual business operations, enterprise permission management faces new problems: many agents run in personal accounts and temporary scripts, may hold internal system credentials, and lack unified permission control. The agent habitat proposed by Replit aims to centrally manage these agents, restrict data access, set manual approval for sensitive operations, and retain execution records. A16Z co-founder Marc Andreessen supports this direction, believing that enterprises should establish management systems that can accommodate agents rather than simply prohibiting their use.