Overview of Important Developments on October 4th at Noon

7:00-12:00 Keywords: Hong Kong, PayPal, Terawulf

1. Yesterday, the US Bitcoin spot ETF saw a net outflow of $54.03 million;

2. PayPal completed its first commercial transaction using its PYUSD stablecoin;

3. Bitcoin mining company Terawulf sold 25% of its nuclear-powered mining facility;

4. Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui: Promoting further integration of virtual assets into the mainstream financial market;

5. Web3 game studio Moonray Studio raised $8.25 million through two rounds of financing;

6. Analysis: CryptoPunk #1563 "sold" for nearly $56.3 million, possibly an internal transaction for promotional purposes.