ETH Will Power Finance, Former TD Ameritrade CEO Says—Then Why Are Polymarket Traders Betting On A Drop To $3,400?

PANews reported on October 15th that Figure Technology Solutions (ticker symbol FIGR) will launch its regulated yield-generating security token, YLDS, on the Sui blockchain. This marks the token's first deployment on a Layer 1 public blockchain outside of the Provenance blockchain. YLDS is a debt security instrument backed by short-term U.S. Treasury bonds and repurchase agreements, registered with the U.S. SEC. The token offers a daily interest accrual and monthly payments equivalent to the Secured Overnight Financing Rate (SOFR) minus 35 basis points. Sui's partnership with Figure aims to generate yield for DeepBook, Sui's ecosystem limit order book, and support the platform's upcoming margin trading. On DeepBook, stablecoins will be automatically converted to YLDS. Furthermore, the project stated that minting YLDS directly on Sui "will ultimately provide Sui users with direct fiat on/off access, allowing them to access US dollars without relying on traditional cryptocurrency exchanges." The two parties plan to collaborate on further integration of YLDS and SUI.

PANews reported on October 15 that according to Onchain Lens monitoring, a newly created wallet received 26,199 ETH from FalconX, worth US$108.36 million. The wallet is likely to belong to Bitmine.

PANews reported on October 15th that a new bill in the U.S. House of Representatives will implement the executive order signed by President Trump, which instructs the Department of Labor to pave the way for the inclusion of cryptocurrency and private equity investments in 401(k) retirement plans. According to a source familiar with the matter, Montana Republican Congressman Troy Downing will introduce the bill, titled the "Retirement Investment Choices Act," on Tuesday. The source stated, "The bill focuses on codifying the executive order and giving it long-term effect. Promoting financial democratization and making these alternative investments accessible to more people are the core driving forces of the bill." The bill has four Republican co-sponsors: Representatives Byron Donalds, Buddy Carter, Warren Davidson and Barry Moore. Sources familiar with the matter said that there is no corresponding version of the bill in the Senate yet.