Instant surge "KAS trading volume surged 12 times

[Trump Cancels Meeting with Putin in Budapest] On October 22 local time, U.S. President Trump announced the cancellation of his meeting with Russian President Putin in Budapest, stating that the meeting is "inappropriate" at this time. Trump also expressed that sanctions would be imposed on Russia and hoped the duration of the sanctions would not be too long.

[EU Approves 19th Round of Sanctions Against Russia] On October 22, EU member states passed the 19th round of sanctions against Russia. Measures include banning the import of Russian liquefied natural gas, restricting travel for Russian diplomats, and adding 117 'shadow fleet' vessels to the sanctions list.

[TON Strategy Plans to Accumulate $558 Million in TON Assets Long-Term] TON Strategy Co-Executive Chairman Manuel Stotz revealed that the company currently manages $558 million in TON assets and plans to accumulate TON long-term. By integrating with Telegram, the company aims to drive ecosystem development and leverage Telegram's massive user base to provide TON with a unique advantage.

[U.S. SEC and CFTC Strive to Finalize Crypto Regulation Plan by Year-End] The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are pushing to achieve their cryptocurrency regulation goals by the end of the year. The CFTC plans to oversee spot crypto trading and tokenized collateral, while the SEC is advancing 'Project Crypto,' which aims to introduce an innovative regulatory exemption system. However, a government shutdown has impacted the efficiency of both agencies. The White House has suggested that the SEC consider a crypto safe harbor and exemptions for securities offering registration, while the CFTC has been authorized to regulate the spot market for non-security digital assets. Congress is promoting legislation, and the SEC hopes the relevant bills can take effect by year-end to clarify market rules and coordinate regulatory actions.

The current price of ETH is $3721.97, with a drop of 6.13% in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 34.54 million US dollars, with multiple orders being the main liquidation and 7.8 million US dollars (22.59%) of ETH liquidation. The data is for reference only.