Odaily Planet Daily reports that the United States will impose an additional 15% tariff on Japanese imports, regardless of the existing tariff rate. (Jinshi)

Odaily Planet Daily News: San Francisco Fed President Mary Daly said on Wednesday that given the slowdown in the labor market and her assessment that tariffs pose only a short-term threat to inflation, she believes the Fed will soon need to cut interest rates. "Inflation has been gradually declining in the absence of tariffs, and as the economy slows and monetary policy remains suppressive, inflation should continue to decline." She added that although tariffs will push up inflation in the short term, they are unlikely to have a lasting impact. At the same time, the labor market is already weak. "I think a further slowdown would be worrying, and once the labor market falters, it tends to decline quickly and severely. All of this means that we will most likely need to adjust policy in the coming months." (Jinshi)

According to Odaily Planet Daily, Ethereum founder Vitalik Buterin posted on the X platform that he was surprised to see so many mainstream Layer 2 platforms reach Stage 1. The next goal is to achieve fast withdrawal times (less than an hour) through a validity (also known as zero-knowledge proof) system, which is more important than reaching Stage 2. Fast withdrawal times are crucial and will reduce the cost of capital for liquidity providers. If native withdrawal times can be reduced to less than an hour in the short term and to 12 seconds in the medium term, it will further consolidate Ethereum Layer 1's position as the default platform for issuing assets and the economic center of the Ethereum ecosystem. To achieve this, we must move away from optimistic proof systems, which inherently require days-long waits for withdrawals. Historically, zero-knowledge proof technology has been immature and expensive, making optimistic proofs a sensible and secure choice. However, this is rapidly changing, with the 2-of-3 ZK + OP + TEE proof system strategy striking a balance between security, speed, and maturity. In the long term, Ethereum will ultimately enable near-instantaneous transfers of native assets across L2 via L1.

According to market news, a partial ruling was made in the Roman Storm case, with the charge of illegally operating an unlicensed remittance business found guilty, the charge of money laundering conspiracy pending, and no violation of sanctions regulations.

According to OnchainLens monitoring, a newly created wallet has accumulated 500 BTC worth $58.3 million from CEX in the past two weeks.

According to Odaily Planet Daily, MYX.Finance released an official statement on the X platform regarding the 3% allocation of the "Binance Wallet Airdrop", which stated: 1. A full 3% is reserved for a joint community rewards program between MYX and Binance Wallet. These tokens will be used exclusively for future community activities and will not be immediately sold on the open market. 2. 1.5% will be unlocked today, and the remaining 1.5% will be unlocked on November 6, 2025. 3. After each batch of tokens is unlocked, Binance Wallet may deploy the tokens in community activities at its sole discretion. Before such activities are officially announced, the unlocked tokens will remain in a designated reserve wallet and will not be circulated.