PANews reported on October 27 that in response to the controversy following the breakdown of the ASI Alliance (composed of Fetch.ai, Ocean Protocol, and SingularityNET), the Ocean Protocol Foundation recently issued an announcement denying Fetch.ai executives' accusation of "stealing community tokens" and counter-accusing Fetch.ai of failing to fulfill its legal obligations. Ocean stated that the tokens in question belong to Ocean Expeditions (formerly known as oceanDAO), an independent organization legally separate from the foundation and not involved in the ASI merger agreement. Ocean also revealed that it had explained Ocean Expeditions' independence to Fetch.ai and SingularityNET in May 2024. Furthermore, Ocean requested that Fetch.ai promptly inject the promised 110.9 million $FET into the token migration contract for redemption by $OCEAN token holders. Ocean emphasized that there would be no "return of tokens," and that the relevant tokens would be held securely by Ocean Expeditions for the community. Furthermore, Ocean Protocol explicitly stated that there is no so-called “return” of tokens, as they have never been stolen or transferred.PANews reported on October 27 that in response to the controversy following the breakdown of the ASI Alliance (composed of Fetch.ai, Ocean Protocol, and SingularityNET), the Ocean Protocol Foundation recently issued an announcement denying Fetch.ai executives' accusation of "stealing community tokens" and counter-accusing Fetch.ai of failing to fulfill its legal obligations. Ocean stated that the tokens in question belong to Ocean Expeditions (formerly known as oceanDAO), an independent organization legally separate from the foundation and not involved in the ASI merger agreement. Ocean also revealed that it had explained Ocean Expeditions' independence to Fetch.ai and SingularityNET in May 2024. Furthermore, Ocean requested that Fetch.ai promptly inject the promised 110.9 million $FET into the token migration contract for redemption by $OCEAN token holders. Ocean emphasized that there would be no "return of tokens," and that the relevant tokens would be held securely by Ocean Expeditions for the community. Furthermore, Ocean Protocol explicitly stated that there is no so-called “return” of tokens, as they have never been stolen or transferred.

                                                                               Analysts say the crypto market has already priced in Wednesday's interest rate cut, but the Federal Reserve remains divided on an additional cut in December.                     The Federal Reserve Open Market Committee (FOMC) announced a 25 basis point interest rate cut on Wednesday, bringing the target Federal Funds rate down to 3.75%-4%.Wednesday’s rate cut was “fully priced in” by investors, who widely anticipated the decision, according to Matt Mena, a market analyst at investment company 21Shares. Mena also forecast:Asset prices remained flat or fell by modest amounts on Wednesday following the FOMC decision, with the price of Bitcoin (BTC) falling by about 2.4% at the time of writing, following Federal Reserve Chair Jerome Powell’s comments signaling that FOMC members are divided on a December rate cut. Read more