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- 06:28NEAR annual inflation rate halved, community vote fails but still pushes forwardAccording to ChainCatcher, citing The Defiant, the NEAR protocol launched a network upgrade on October 30, reducing the annual inflation rate of NEAR tokens from 5% to approximately 2.4%. This upgrade is expected to decrease the number of newly minted tokens by nearly 60 million each year, while simultaneously lowering staking yields. However, the community governance vote originally intended to authorize this change failed to reach the threshold, receiving only 45.06% support, below the technical requirement of 66.67%, resulting in the proposal not being approved. Despite the failed vote, the NEAR core team still included the inflation reduction in the protocol upgrade, drawing criticism from some validators. The well-known staking service provider Chorus One stated that the core team disregarded the results of the governance vote and forcibly pushed the upgrade, "jeopardizing the integrity of protocol governance," and called on other validators to temporarily refrain from upgrading their nodes, pointing out that this move sets a "dangerous precedent" for governance.
- 06:11Bitcoin mining difficulty increased by 6.31% to 155.97 T, reaching a new all-time high.According to ChainCatcher, data from CloverPool shows that the Bitcoin network completed a new round of difficulty adjustment at 18:14:53 on October 29, 2025 (block height 921,312), with the difficulty increasing by 6.31% to 155.97 T, once again reaching a new all-time high. The current average hash rate of the Bitcoin network has risen to 1.13 ZH/s, and the next difficulty adjustment is expected to take place in about 12 days.
- 06:04GameFi project MoonClash completes strategic round of financing with participation from Candaq, Becker Ventures, and othersChainCatcher reported that MoonClash, a tower defense strategy platform built on BNB Chain, has successfully completed its strategic funding round, reaching a valuation of 100 million USD. This round saw participation from Candaq, Becker Ventures, Oasis Labs, BlockPulse, and Apus Capital. MoonClash is a Web3 gaming platform that integrates PVP battles, PVE exploration, NFT ownership, and on-chain economy. The platform combines tower defense and strategy games with blockchain technology, allowing players to build defensive structures, upgrade heroes, and participate in real-time battles within a lunar-themed metaverse. Reportedly, the funds from this round will mainly be used to enhance AI integration within the game ecosystem, expand the development team, and strengthen community and marketing efforts. MoonClash plans to conduct community and public funding rounds in early 2026.