Golden Midday Report | Overview of Important Developments on October 16

GateUser-6433627c · 2025-10-16T03:59:16+00:00

October 16 midday update: The total market capitalization of Bitcoin mining companies reached 90 billion USD; CEX acquires South Korean Gopax; MET Airdrop allocation checker will be launched; UK plans to establish a compensation mechanism for Bitcoin fraud cases; Thumzup considers introducing DOGE payments; Paxos destroys excess PYUSD; The amount of ETH held by digital asset ETFs increased to 12.5 million coins, accounting for 10.31% of the total supply.

GateUser-6433627c

2025-10-16 03:59:16

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[Golden Midday Report | Overview of Important Events on October 16] 7:00-12:00 Keywords: Gopax, Meteora, Thumzup, Paxos

The total market value of Bitcoin-listed mining companies has risen to 90 billion USD;
CEX has acquired the South Korean cryptocurrency exchange Gopax;
Meteora: The MET airdrop distribution checker will go live today at 20:00;
The UK proposed to establish a compensation mechanism for the victims of the 61,000 Bitcoin fraud case;
Thumzup, a Nasdaq-listed company held by Trump's eldest son, is considering introducing Dogecoin as a payment reward;
Paxos: An error in the internal transfer process resulted in the excess minting of PYUSD, which has been destroyed, and there is no security vulnerability.
The total amount of ETH held by digital asset treasury companies and ETFs has increased to 12.5 million, accounting for 10.31% of the total supply of Ethereum.

BTC-0.92%

MET2.76%

DOGE-0.78%

PYUSD-0.04%

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