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Gate Research's latest October Web3 Industry Funding Report reveals that total Web3 financing in October reached $1.893 billion, representing a year-on-year increase of 211.79% and a month-on-month growth of 324.26%. Stripe's $1.1 billion acquisition of Bridge has become the largest acquisition in the cryptocurrency industry to date. The infrastructure sector secured the highest financing amount, followed by DeFi, underscoring investors' focus on underlying technology and financial innovation. The report also showcases key financing projects, including Bridge, Bluesky, Azra Games, OpenGradient, and Glow.

With Ethereum undergoing the final testnet merge with Mainnet, Ethereum will officially transition from PoW to PoS. Then what impact will this unprecedented revolution bring to the crypto world?

With Ethereum undergoing the final testnet merge with Mainnet, Ethereum will officially transition from PoW to PoS. Then what impact will this unprecedented revolution bring to the crypto world?