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More →Standard Chartered-led Anchorpoint says it’s not rushing retail stablecoin
The Standard Chartered and Animoca Brands joint venture previously targeted retail access as early as the end of 2026, but its CEO declined to reaffirm that timeline. Standard Chartered-backed stablecoin venture Anchorpoint says it will take a cautious approach to opening its Hong Kong dollar-backed stablecoin to retail users, declining to confirm a launch date after rival HSBC rolled out RedCoin, <a href="https://www.scmp.com/business/cryptocurrency/article/3372060/standard-chartered-led-anchorpoint-plans-retail-stablecoin-hsbc-redcoin-launches" rel="nofollow noopener" target="_blank">>according</a> to the South China Morning Post. The <a href="https://cointelegraph.com/news/standard-chartered-animoca-brands-hong-kong-stablecoin-license" target="_blank" rel="nofollow">venture</a> released its institutional stablecoin product in August and previously <a href="https://anchorpoint.hk/faqs/" rel="nofollow noopener" target="_blank">>indicated</a> a retail offering could arrive as early as the end of 2026. Anchorpoint CEO Dominic Maffei declined to confirm that timeline at a Friday press conference, saying the company would take a prudent approach. “We believe it’s important to build the market out in a long-term, sustainable manner,” Maffei said, adding that rushing a launch “does not make sense.” The update comes after <a href="https://cointelegraph.com/news/hsbc-launches-redcoin-hong-kong-dollar-stablecoin-payme" target="_blank" rel="nofollow">HSBC launched its Hong Kong dollar-backed RedCoin</a> on Friday for the 3.3 million users of its PayMe app. <a href="https://cointelegraph.com/news/standard-chartered-animoca-brands-hong-kong-stablecoin-license" target="_blank" rel="nofollow">Anchorpoint grew out of a partnership</a> between Standard Chartered, Animoca Brands and telecommunications provider HKT, which was announced in February 2025, following their joint participation in Hong Kong’s stablecoin issuer sandbox in July 2024. Animoca’s role is to bring its blockchain expertise and industry network to the venture and help develop uses for the stablecoin across the Web3 ecosystem. <em><strong>Related: </strong></em><a href="https://cointelegraph.com/news/hashkey-begins-beta-distribution-of-hong-kong-regulated-hkdap-stablecoin" target="_blank" rel="nofollow"><em><strong>HashKey begins beta distribution of Hong Kong-regulated HKDAP stablecoin</strong></em></a>
Lula wins Brazil's presidential election, and the EWZ contract on Hyperliquid falls more than 22%.
According to CoinWorld news, Lula has won the Brazilian presidential election, becoming the first Brazilian president to begin a fourth term. With 99.99% of the votes counted, Lula received 51.78% of the vote, while Senator Flávio Bolsonaro received 48.22%. Before the vote, Polymarket had predicted an 80% probability of victory for Flávio Bolsonaro, and Lula achieved a comeback in the second round. After the news of Lula's victory was announced, the perpetual contract linked to the iShares MSCI Brazil ETF (EWZ) on Hyperliquid fell by more than 22%.
Bitget recorded a net capital inflow of $768 million over the past 7 days, ranking second among all CEXs.
According to data from Bijie.com, Bitget recorded a net capital inflow of $768 million over the past 7 days, ranking second among centralized exchanges (CEXs).
Ducat announces the gradual shutdown of the protocol, and holders can redeem at fair value.
CoinWorld news: ducat has announced its decision to gradually shut down the protocol and has completed a snapshot of holders. Holders included in the snapshot can redeem the fair value of their ducat from the protocol treasury. ducat purchased through liquidity pools after the snapshot is not eligible for redemption. The team stated that each ducat corresponds to a proportional share of the protocol treasury, and vested bonds, vested pass rewards, staked and cooling-period pducat, as well as circulating ducat in wallets, can all be redeemed without a cooling period. Passes will continue to receive newly issued tokens, holders can sell them into liquidity pools, and the redemption frontend has been updated.
MINIMAX-W fell more than 10%, and Zhipu dropped over 5%.
According to CoinWorld news, on October 26, Cailian Press reported that Hong Kong stocks' large-model "duo" both fell, with MINIMAX-W dropping more than 10% and Zhipu falling more than 5%.
The long-short account ratio for ETH contracts is 3.29.
CoinWorld data: The ETHUSDT 4-hour long-short account ratio is 3.29, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it is down 0.0997; compared with the same-caliber snapshot 7 days ago, it is down 0.1093.
Ducat announces the closure of the protocol and opens redemption of treasury assets.
CoinWorld news: Ducat announced on October 26 that it is shutting down the protocol and initiating the liquidation process. Holders of vested bonds, pass rewards, staking, and Ducat in wallets can apply for redemption. Ducat has completed a snapshot of holding addresses; users included in the snapshot can redeem vault assets proportionally. Ducat purchased from liquidity pools after the snapshot is not eligible for redemption. Pass holders can still receive new emissions and sell tokens in liquidity pools.
The core trading volume of the main meme market is approximately 162 million USD.
CoinWorld data: According to the gmgn 24h trading ranking data, as of 10:02 on October 26, the core trading volume of major meme markets such as Solana, Robinhood, and BNB was approximately 162 million USD, with the three accounting for about 98.25 million USD, 43.07 million USD, and 15.79 million USD respectively, representing 60.5%, 26.5%, and 9.7%. The trading volume of major meme markets fell 3.1% day-over-day, with Solana seeing the highest increase, up 7.2% day-over-day. Wu Shuo reminds that meme coins are extremely volatile and high-risk; please do not follow blindly.
The Bank of Japan is expected to keep its policy rate unchanged at 1.25%, with Ueda hinting that rate hikes will continue toward a neutral level.
According to CoinWorld news, the Bank of Japan is expected to keep its policy rate unchanged at 1.25% at its October meeting. BOJ Governor Kazuo Ueda has hinted that consecutive rate hikes are not necessary, but rates will have to rise further toward neutral levels. Board member Junko Koeda also said last week that the central bank should not be overly cautious about raising rates. Jinshi believes the most likely path is a hike to 1.50% in December or January, followed by an increase to 1.75% in March or April. This would continue the relatively rapid pace of one hike every three to four months. The committee is roughly divided into four camps. The hawkish Hajime Takata and Naoki Tamura may begin pushing for the next rate hike on Friday, laying the groundwork for a possible move at the December meeting. On the dovish end, Toichiro Asada and Ayano Sato voted against recent rate hikes. On the data front, Tokyo's October CPI is expected to show all three key measures between 2.7% and 2.8%, partly reflecting the fading impact of local fiscal support. September employment, industrial output, and retail sales data will also be released.
We will continue to dismantle the Houthi ballistic missile network.
Saudi-led coalition spokesman Turki al-Maliki: We will continue to dismantle the Houthi group's ballistic missile network.