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Crypto and Web3 funding announcements totaled $380.51 million across 16 disclosed transactions from Oct. 3–9, led by matching $90 million rounds for Spiko and Nous Research.
Summary
$380.51 million was disclosed across 16 transactions, with two additional rounds announcing no investment amount. Spiko raised $90 million from NEA and other investors to expand its tokenized cash funds. Nous Research secured $90 million from investors including Nvidia, Microsoft’s M12 and Robot Ventures. Mecka announced a $60 million Series B led by Sequoia Capital for robotics data infrastructure. The three largest rounds accounted for approximately 63% of the week’s disclosed transaction value. Mecka followed with a $60 million Series B, while Bitcoin life insurer Meanwhile secured $37.5 million. The broader funding tally includes AI companies tracked by crypto funding databases and token transactions alongside venture rounds.
Crypto Fundraising, DropsTab and DefiLlama provided the funding inventory, checked against company announcements, investor statements and reporting. The aggregate counts Noah’s newly announced $16 million extension rather than its cumulative $38 million seed round, and includes token sales and purchases.
Spiko raises $90 million to expand tokenized cash funds Spiko raised $90 million in a Series B announced Oct. 6, led by U.S. venture firm New Enterprise Associates.
Investors included Index Ventures, Bpifrance, Speedinvest, Flourish Ventures, White Star Capital, Mirana Ventures and Wintermute Ventures. The company said the financing brought its total funding to $120 million.
Spiko reported $2.7 billion held in its funds by more than 10,000 businesses and individuals across over 25 countries. Its products allow customers to invest cash through its app or through financial platforms that integrate its services.
The London- and Paris-based company said it would use the proceeds to launch products, enter markets and grow its team. Planned European expansion includes Germany, Italy, Spain, the Netherlands and the Nordics.
Nous Research secures $90 million for open AI Nous Research announced $90 million in funding, with databases recording the transaction as an Oct. 7 Series B at a $1.5 billion valuation.
The company named Nvidia, Microsoft’s M12, Samsung, Robot Ventures, Union Square Ventures, Y Combinator and Menlo Ventures among its investors.
Founded in 2023, Nous develops open AI models and the Hermes Agent software. The company said users can choose where the agent runs and which models it uses, while retaining project knowledge across sessions.
Nous said the capital would support its open AI development. Its announcement also described Hermes Business, extending its software to companies. Crypto Fundraising classifies Nous within decentralized AI infrastructure and the Solana ecosystem.
Mecka lands $60 million for robotics infrastructure Mecka announced a $60 million Series B on Oct. 7, led by Sequoia Capital.
New investors included Nvidia, Microsoft’s M12, Qualcomm Ventures and Samsung. Existing backers Kindred, Framework Ventures and Neo also participated.
The company develops infrastructure for collecting and processing human movement data used to train robots. Mecka said the proceeds would expand that infrastructure, deepen its research work and support commercial robot deployment.
Individual investors included DoorDash founder Tony Xu, former Snowflake CEO Frank Slootman and former Tesla Optimus leader Milan Kovac.
DropsTab includes Mecka in its crypto fundraising inventory. The announced financing supports its robotics business, with the company identifying data collection and deployment as its principal uses of capital.
Meanwhile raises $37.5 million for Bitcoin insurance Meanwhile announced $37.5 million from existing investors on Oct. 8, bringing cumulative funding above $180 million.
Bain Capital Crypto led the round. Participants included Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures and Morgan Creek Digital.
The Bermuda-based insurer said it had signed 15 brokers serving wealthy families across markets including Singapore, Hong Kong, the United Arab Emirates and Switzerland.
Its BTC Life 1-Pay product targets clients outside the United States, while its earlier BTC 10-Pay product was designed for U.S. taxpayers. Meanwhile holds a Bermuda Monetary Authority insurance license and denominates its balance sheet, reserves and audited financial statements in Bitcoin.
Funding from $10 million to $30 million Catalyst secured a $30 million seed round led by Sequoia Capital on Oct. 8. Legal adviser Wilson Sonsini said Jump Trading, Peak XV, Lux Capital, AntiFund, Coinbase and Premji Invest participated. Catalyst builds AI agents that turn written instructions into trading strategies. Navra announced a $19 million Series A led by Ribbit Capital, with Baseline, DCM, Jump Crypto and Figure participating. The company said proceeds would expand its blockchain access platform and AI infrastructure ahead of a limited late-October rollout. Noah added $16 million to its seed round from Endeit Capital, FJ Labs, LocalGlobe, Felix Capital and angels. The company announced plans to expand payment connections, hire engineering and compliance staff, and open a New York office. Vest Labs raised $13 million in a round led by Portal Ventures. Its company announcement said the financing would support the Vest Markets trading platform; funding databases classify it as seed financing. Transactions below $10 million Umia raised $6.11 million through a public token auction involving ten funds and nearly 700 individual bidders. The Block reported participation from Galaxy Ventures, DCG, Draper Associates and others. Anvil announced a $5 million ANVL token purchase led by Founders Fund, with Pantera Capital, Bullish and others participating, alongside the release of enterprise integration tools. IMMIX secured $3.5 million from Crane Venture Partners, BTSE and Portfolio Ventures. Crane said the funding would support stablecoin currency conversion technology, liquidity and partnerships. Soda Labs raised a $3 million seed round entirely funded by NextBlock to expand blockchain privacy infrastructure, its validator network and commercial integrations. HyperLink announced $2.5 million from Alliance, North Island Ventures, Reverie, Node Capital, Breed and Smartest Money for its Hyperliquid-based trading infrastructure. Antseed Foundation secured a $2.4 million token round led by Spark Capital, with DCG, Collider and others backing its decentralized AI inference marketplace. Imperial raised $1.5 million in seed funding backed by Foundation Capital for its Solana trading platform, according to DropsTab and DefiLlama. Anyflo announced a $1 million investment from Mysten Labs for its stablecoin payments business, alongside an acqui-hire of Native. Undisclosed strategic rounds OKX completed a strategic investment extension involving Circle, Ripple, Qube Research & Technologies, and SC Ventures at a $25 billion pre-money valuation. The investment amount was undisclosed. Xverse announced a strategic round led by Draper Associates, with Trust Machines and Draper Dragon participating, to expand self-custodial Bitcoin financial services. Terms were undisclosed.
Over $2.4 billion in crypto positions were liquidated this week as Bitcoin fell from $85.7K to $82.5K. Most of the damage landed on traders betting the price would go up.
The sell-off arrived during a rough stretch for markets in general, with bond yields climbing, oil getting expensive and money leaving Bitcoin ETFs.
How the week unfolded In early October 2026, Bitcoin dropped from near $86,600 to intraday lows of approximately $80,350.
Bitcoin pulled back from highs near $87,350 to lows of approximately $80,350–$82,900, depending on the session.
By October 9–10, the price had partly recovered to around $82,500.
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Individual 24-hour sessions saw between $696 million and over $1.2 billion in positions wiped out. Added up across the week, the total cleared $2 billion. The figure in the original report puts it at over $2.4 billion.
Long positions made up roughly 85%-93% of liquidations over several days. In single sessions, the forced closures hit somewhere between 100,000 and 180,000 traders.
The broader market felt it too. Total crypto market capitalization dropped roughly $110 billion within 36 hours during the downturn.
The macro backdrop and the ETF exits US Treasury yields climbed upwards of 5.3% during the period, while oil prices moved above $101 per barrel.
US spot Bitcoin ETF flows also turned negative. On peak days, the outflows ran into the hundreds of millions of dollars.
On-chain data added another uncomfortable signal. Short-term holders reportedly sent 55,600 BTC to exchanges at a loss during the decline.
A leverage flush, not a full capitulation Open interest, the total value of outstanding futures and derivatives positions, barely moved and held steady near $150 billion.
It also invites comparison with the last big wipeout. In October 2025, a liquidation event erased $19 billion in positions.
What traders are watching now Technical levels sit around $82,500, with clusters between $81,000 and $84,000. Bitcoin’s partial recovery landed right on that $82,500 line.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
Meanwhile, a life insurer licensed to operate completely in Bitcoin, announced $37.5 million in new funding from existing investors.
Bermuda-based Meanwhile, whose backers include OpenAI CEO Sam Altman, has now raised more than $180 million.
Bain Capital Crypto led the new round, alongside Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, it said in a statement.
The round follows increased international demand for Meanwhile’s Bitcoin life insurance policies, particularly in Asia, Europe and the Middle East, amid broader macro instability, according to the statement on Thursday.
“Wealthy families around the world already hold Bitcoin. What they haven’t had is a regulated way to pass it on,” Zac Townsend, Meanwhile’s co-founder and CEO, said in the statement. “Brokers came to us because their clients kept asking. This round lets us keep up with them.”
Passing Bitcoin to the next generationIn early 2026, Meanwhile launched BTC Life 1-Pay, a single-premium whole life policy built for high-net-worth clients outside the United States. It is the company’s second product line after BTC 10-Pay, which is designed for US taxpayers.
Policies can be owned by individuals, trusts or companies, which makes them a fit for succession and estate planning, the company said.
Net long-term underwriting income has already passed last year’s total and is on track to more than double in 2026, the company added, without revealing precise figures.
Cointelegraph reported in June that WTW, a global insurance broker and risk advisory company, had acquired crypto insurance platform Redefind and launched a digital asset protection service that covers expenses related to forensic investigations, asset tracing and legal recovery efforts following theft or loss.
Redefind is a crypto insurance platform that allows individuals and institutions to purchase coverage for digital assets held across different custody arrangements. The company said its system uses cryptographic proof of ownership to verify insured assets.
Magazine: France is world’s most dangerous place for Bitcoiners: 90 attacks in 7 months
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Meanwhile, a life insurer licensed to operate completely in Bitcoin, announced $37.5 million in new funding from existing investors.
Bermuda-based Meanwhile, whose backers include OpenAI CEO Sam Altman, has now raised more than $180 million.
Bain Capital Crypto led the new round, alongside Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, it said in a statement.
The round follows increased international demand for Meanwhile’s Bitcoin life insurance policies, particularly in Asia, Europe and the Middle East, amid broader macro instability, according to the statement on Thursday.
“Wealthy families around the world already hold Bitcoin. What they haven’t had is a regulated way to pass it on,” Zac Townsend, Meanwhile’s co-founder and CEO, said in the statement. “Brokers came to us because their clients kept asking. This round lets us keep up with them.”
Passing Bitcoin to the next generationIn early 2026, Meanwhile launched BTC Life 1-Pay, a single-premium whole life policy built for high-net-worth clients outside the United States. It is the company’s second product line after BTC 10-Pay, which is designed for US taxpayers.
Policies can be owned by individuals, trusts or companies, which makes them a fit for succession and estate planning, the company said.
Net long-term underwriting income has already passed last year’s total and is on track to more than double in 2026, the company added, without revealing precise figures.
Cointelegraph reported in June that WTW, a global insurance broker and risk advisory company, had acquired crypto insurance platform Redefind and launched a digital asset protection service that covers expenses related to forensic investigations, asset tracing and legal recovery efforts following theft or loss.
Redefind is a crypto insurance platform that allows individuals and institutions to purchase coverage for digital assets held across different custody arrangements. The company said its system uses cryptographic proof of ownership to verify insured assets.
Magazine: France is world’s most dangerous place for Bitcoiners: 90 attacks in 7 months
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Major cryptocurrencies struggled with resistance levels across the board as NEAR Protocol, XRP, Shiba Inu (SHIB), and Bitcoin (BTC) each faced significant technical barriers amid ongoing uptrends. Despite recent pullbacks, analysts pointed to underlying bullish signals that could support further gains if key price thresholds are reclaimed.
NEAR Protocol stalls below $5.60 resistanceNEAR Protocol, the smart contract platform designed for scalable decentralized applications, traded close to $4.79 after a correction from its September peak. The token surged from $1.60 in late August to nearly $5.60 in just over a month before encountering stiff resistance at the $5.60 mark. NEAR has now failed to close above this level in three consecutive attempts, establishing it as a major barrier for further upside.
Recent price action saw NEAR drop sharply to $4.44 on heavy trading volume, but buyers responded by lifting the price back above the 20-day average, which now sits near $4.35. Technical indicators suggest the uptrend remains intact, with the 50-day and 200-day averages at $3.67 and $2.45, respectively, both trending upward. The relative strength index (RSI) cooled off to the mid-50s following an overbought phase, indicating that the market has room for another surge if momentum returns.
For now, the main focus rests on the $5.00 psychological threshold. A daily close above that level could bring $5.60 back within reach, while support at $4.35 is critical to avoid a drop toward $3.80 or even the $3.60 area. Until $5.00 is reclaimed, NEAR is likely to trade sideways between support and resistance.
TokenCurrent PriceMain ResistanceKey SupportNEAR$4.79$5.60$4.35XRP$1.38$1.40–$1.46$1.33SHIB$0.00000536$0.00000565$0.00000529BTC$82,949$87,000$80,000Mini dictionary: NEAR Protocol, a layer-1 blockchain focusing on scalability and usability for decentralized application development, uses sharding technology to increase throughput and keep transaction fees low.
XRP consolidates at 200-day moving averageXRP, the digital asset tied to cross-border payments provider Ripple Labs, hovered near $1.38 after slipping from the $1.50 region. The token is trading directly atop its 200-day moving average—highlighted as the chart’s most crucial level. Price action recently sliced through both the 20-day and 50-day moving averages, with demand surfacing near the 100-day average at $1.335.
Earlier momentum in September pushed XRP as high as $1.65 following a break above a descending trend line, but it failed to sustain values above $1.55, giving up most of those gains. The RSI has shifted lower to around 42, reflecting market hesitation. While neither buyers nor sellers are showing strong conviction, resistance has now gathered above $1.40, clustered between several moving averages. XRP must achieve a daily close above $1.46 for bullish momentum to resume, while sustained closes below $1.25 could shift the trend to bearish.
XRP’s $1.33 to $1.40 range now acts as the critical battleground for bulls and bears, with the direction of the next major move hinging on whether price can reclaim resistance or breaks key support.
SHIB and BTC face key support testsShiba Inu’s SHIB token retreated to $0.00000536 after sellers drove the price under its 200-day moving average at $0.00000565. A sharp drop halted at the 100-day average near $0.00000529, with buyers showing interest at that level. The token remains locked between support at $0.00000510 and resistance at $0.00000565, with higher volume on the sell-off suggesting sellers retain the upper hand for now. A close above the 200-day line would be needed for a bullish reversal to begin.
Bitcoin was last seen near $82,949, rebounding from recent lows close to $80,300. The leading cryptocurrency found buyers at its 20-day moving average near $80,700, keeping the uptrend alive. Bitcoin’s broader uptrend remains unchallenged, with resistance at $87,000 capping earlier advances. The RSI sits around 45, showing the market is no longer overheated and may have space for another rally if resistance yields.
With all main moving averages trending higher and price well above them, the Bitcoin uptrend remains intact as long as $75,000 support holds, while a breakout above $87,000 could open the door to $90,000.
XRP Ledger patched decade-old bug that could create billions of dollars in XRP from nothing. (Unsplash)Summary
A flaw dating to 2015 could have allowed attackers to create and spend new XRP, violating the cryptocurrency’s fixed supply of 100 billion tokens.The vulnerability exploited a counting error in the XRP Ledger’s built-in exchange, allowing hundreds of accounts to receive large amounts of XRP while the buyer paid almost nothing.RippleX said it found no evidence of exploitation on public networks and fixed the flaw in the xrpld 3.4.1 software release on Sept. 25.A flaw in the XRP Ledger’s payment system could have let an attacker create large amounts of new XRP without paying for it, breaking the token’s fixed-supply rule, according to a security report published Friday.
The bug, believed to date to 2015, was found by researcher Cayden Liao and Veria AI and internally reported on Sept. 22. Engineers at RippleX, Ripple’s developer arm, reproduced the attack on a standalone server and confirmed the newly created XRP could be spent in a later transaction.
RippleX said it found no evidence the flaw was exploited on any public network.
All 100 billion XRP were created when the ledger launched in 2012, and its software is built so no more can ever be added. But the security vulnerability could have allowed an attacker to create XRP from nothing and sell it on exchanges, undercutting a supply cap that institutions using the network rely on.
The attack worked through the ledger’s built-in exchange, where accounts post offers to swap one token for another.
An attacker could have, theoretically, open hundreds of accounts, have each one offer a tiny amount of a token in exchange for an unusually large amount of XRP, then send a single payment that bought every offer at once.
The total XRP owed would be too large for the software to count correctly, so the attacker’s selling accounts would be paid in full while the buying account was charged almost nothing — leaving the attacker with XRP that hadn’t existed before.
How one payment could have printed XRP from nothing. (Shaurya Malwa/CoinDesk)The XRP Ledger runs a check after every transaction to make sure no new XRP has appeared, but that would have relied on the miscounted total and missed it. A separate limit on how much XRP a single account can receive wouldn’t have triggered either, because the attack spread the XRP across hundreds of accounts.
The researchers’ method needed only a few hundred XRP to open those accounts, most of which could be recovered, plus transaction fees.
Developers shipped the fix in xrpld 3.4.1, the ledger’s server software, on Sept. 25 without disclosing what it repaired.
The incident joins a run of long-hidden crypto security flaws surfaced with AI help since July, including the Coldcard wallet bug behind the theft of at least 1,367 BTC and the vulnerabilities that forced Core Lightning to tell bitcoin node operators to disconnect.
Read More: XRP Ledger adds new controls for banks, stablecoins and tokenized funds
ASML to Uniformly Hike Prices of Lithography Machine Components for Samsung and SK Hynix by 10%, As AI Production Expansion Boom Drives Up Equipment Costs.
According to South Korean media reports, ASML has notified Samsung Electronics and SK Hynix that it will implement a uniform 10% price increase on EUV and DUV lithography machine components for the South Korean market. The adjustment covers regularly replaced consumable parts and core components required for fault repairs, including optical systems, light sources, and precision drive units. After consultations between the procurement departments of both sides, the two memory chip giants have accepted the price hike plan, with the adjustment set to take effect in January next year. This uniform across-the-board price increase is relatively rare; ASML previously typically adjusted prices only individually for components facing rising raw material costs or tight supply of specific materials. Meanwhile, the company is in negotiations with key clients over price hikes for new equipment. According to earlier reports, equipment manufacturers including Applied Materials and Tokyo Electron have also raised product prices, and the price hike trend in the semiconductor equipment sector is spreading. AI data center investment is driving memory chip and foundry players to expand production capacity, leading to a concentrated surge in demand for equipment and components. With suppliers taking time to ramp up production, coupled with inflation and raw material cost pressures, bargaining power in the equipment supply chain is shifting toward suppliers. The report noted that TSMC had previously opposed ASML’s equipment price hikes, indicating that different clients still have varying levels of acceptance of rising costs.
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Apple places a 30% additional order for iPhone Duo, while the total volume of the iPhone 18 Pro series remains unchanged.
According to sources from Apple's supply chain, the tech giant is making structural adjustments to its 2026 fall new iPhone orders: it has placed an additional 30% order for the iPhone Duo, though the total volume still remains below 10 million units; it has cut orders for the iPhone 18 Pro by 10% to 15%, while increasing orders for the iPhone 18 Pro Max by 10% to 15%, leaving the total order volume for the entire iPhone 18 Pro series unchanged. An Apple supply chain source said, "This means sales are shifting toward higher-value products, which is overall positive for the performance of Apple's supply chain companies."
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A crypto whale adds to HYPE buy orders, with planned buy-the-dip positions totaling $10.8 million.
According to TradingBeats monitoring, a crypto whale has added 7 new limit buy orders for HYPE at prices ranging from $64.099 to $77.93, totaling roughly $2.52 million. Combined with orders placed on October 8 that are still active, the account holds a total of 30 buy orders spanning $61.26 to $81.94, with a combined value of approximately $10.828 million. The account currently has no open positions. HYPE is trading at around $84.22 at press time, and its highest buy order price of $81.94 is roughly 2.7% lower than the current spot price; order amounts are distributed across the entire price range.
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Claude Code Projects has fully lifted its waitlist, enabling Pro and Max users who were on the waitlist to now use the service.
Beating AI Express (Insight) – Anthropic announced that all waitlisted Pro and Max tier users who applied for Claude Code Projects have now been granted testing access. The feature launched in September, initially available only to a small subset of users. While its scope has expanded, it remains in Beta testing and is not yet fully open to all paid subscribers. Claude Code Projects functions as a project management agent: users only need to submit requests, and it automatically splits tasks and assigns them to multiple concurrent Claude Code sessions. Each session independently writes code, runs tests, submits pull requests (PRs), and reports back to the manager, eliminating the need for users to assign tasks or track progress manually. These sessions share project data and memory, run on the cloud by default, and can continue operating even when the user’s computer is powered off. For tasks requiring local files or software, users can also designate execution on their own device.
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2 New Wallets Withdraw 280.75M $龙虾 ($12.21M) From Exchanges in 3 Days
2 newly created wallets (0x4d28 and 0x5a42) withdrew 280.75M $龙虾 ($12.21M) from exchanges over the past 3 days, 28.08% of the total supply.
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Supermicro contractor pleads guilty; $2.5 billion server order tied to smuggling case.
Beating AI Express News: Ting-Wei Sun, a former contractor of Supermicro, has pleaded guilty in a New York federal court in the U.S. He was involved in illegally diverting servers equipped with NVIDIA high-end AI chips to China, admitting to four charges: conspiracy to violate export controls, conspiracy to smuggle, conspiracy to defraud the U.S. government, and obstruction of justice. Previously, U.S. prosecutors indicted three people total. Besides Sun, the defendants include Supermicro co-founder Yih-Shyan Liaw and Ruei-Tsang Chang, general manager of the company’s Taiwan office. The U.S. Department of Justice (DOJ) disclosed earlier that between 2024 and 2025, a Southeast Asian middleman purchased approximately $2.5 billion worth of equipment from the involved U.S. server manufacturer. Prosecutors allege that at least $510 million worth of these servers were illegally diverted to China in just a few weeks in 2025. The involved servers were typically first shipped via Taiwan to Southeast Asia, then repackaged and sent to China. To evade inspections, the suspects placed thousands of non-functional dummy servers in warehouses and used hair dryers to remove labels and serial numbers. Prosecutors said Sun participated in arranging the dummy servers and made false statements during inspections by the U.S. Department of Commerce. Supermicro was not named as a defendant in the case and has cut ties with the three involved individuals. An independent investigation released by the company in August found no evidence that current executives were aware of the smuggling scheme.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Ripple has reportedly addressed a significant software bug from 2015 that, if exploited, could have led to unauthorized minting of billions of XRP. The bug remained dormant and unexploited, and the fix was revealed in a blog post. This development is linked to the XRP Ledger, which has a fixed supply of 100 billion XRP that was established at its launch in 2012. Ripple’s recent action underscores its ongoing commitment to maintaining protocol integrity, with no changes to the current XRP supply or its fixed-supply rules governed by ledger operations and Ripple’s escrow releases.
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Market participants appear to interpret the fix as supportive of future XRP stability, which could influence the cryptocurrency’s price potential. Ripple’s move may bolster confidence among investors, especially as the XRP market navigates regulatory landscapes and competition. This development is particularly relevant to markets speculating on XRP reaching new all-time highs by the end of 2026.
Key Takeaways Ripple’s fix of the 2015 bug appears to reinforce confidence in XRP’s stability and security. Market pricing suggests that this development could positively impact the potential for XRP’s future price movements. The XRP all-time high market remains at 5.8% YES probability, suggesting limited immediate effect from the recent news. What to Watch Observers should monitor any further statements from Ripple’s leadership or associated regulatory developments that could impact market confidence. Additionally, significant announcements related to XRP’s adoption or technological advancements could provide further insights into the likelihood of XRP achieving a new all-time high by the end of 2026. Market movements in response to macroeconomic factors, such as changes in Bitcoin’s price or U.S. Federal Reserve policies, may also influence XRP’s market trajectory.
XRPL released xrpld 3.4.1 on September 25, 2026, with a fix for a payment engine overflow that could let a crafted payment mint spendable $XRP while charging the buyer only a few hundred drops plus a fee. The public vulnerability disclosure, published October 9, says RippleX reproduced the attack and found no evidence that it had been used on a public network.
The finding was reported through the XRPL bug bounty program on September 22. The initial report rated it Major. RippleX reproduced the mint on a standalone server and in its unit tests, confirmed that the new $XRP could be spent in a later payment, and raised the severity to critical.
How the payment created new $XRP The vulnerable path ran through XRPL’s built-in order book. An attacker could create a few hundred accounts and use each account to offer a tiny amount of another token for a very large amount of $XRP. A separate account could then send one payment that consumed all those offers. Each offer remained valid when considered by itself.
The payment engine calculated what the buyer owed by adding the amounts across every offer taken in one pass. That calculation used ordinary 64-bit integer addition without an overflow check. Once the sum passed the integer’s maximum, it wrapped to a small value. The engine still credited every offer owner with the full requested amount, but it charged the buyer only the wrapped total. The difference became newly created $XRP.
The disclosure explains that all accounts in the construction could belong to the same attacker. The starting cost was a few hundred $XRP for account and offer reserves, most of which would be returned after the objects were removed, plus ordinary transaction fees. The attack required hundreds of deliberately mispriced offers and a payment designed to consume them together. Normal payments and trades could not reach the overflow because the total $XRP supply sits far below the point at which the arithmetic wraps.
A ledger invariant was supposed to reject any transaction that created $XRP. It failed here because it totaled balance changes with the same type of 64-bit counter. That counter wrapped in the same way, making the transaction appear to have burned only its fee. A second check limited the balance held by one account, but distributing the minted assets across hundreds of accounts kept each balance below that threshold.
The bug had been present since the current payment engine was written in 2015. The no-new-$XRP invariant arrived two years later with the same unchecked arithmetic. The report says a normal payment never approaches the overflow boundary, which left the path dormant until a researcher built the required offers.
What changed in xrpld 3.4.1 Starting with xrpld 3.4.1, the payment engine checks for overflow while summing offer amounts. A sum that would overflow now fails cleanly, producing a normal path-dry or partial-payment result without minting anything. Developers added the same check where the engine combines results from multiple payment paths.
The invariant now uses a wider counter that cannot wrap around in the same way. The team also hardened several other places that total balances across many accounts, although the disclosure says real transactions could not currently reach those paths. For server operators, the immediate requirement is concrete: the report says all operators must run xrpld 3.4.1 or newer to remain in sync.
XRPL normally changes transaction processing through amendments. A new rule ships disabled, then activates only after more than 80 percent of trusted validators support it for two weeks. The network did not use that route for this fix. Each server applied the new payment rule as soon as its operator installed xrpld 3.4.1. The disclosure calls this the first deliberate direct transaction-processing change since the amendment system began more than ten years ago.
The team chose the direct release because publishing an inactive amendment would expose the bug while leaving it usable during the upgrade, voting, and activation periods. The exploit was cheap, required no privileged access, and could create assets that would be difficult to unwind. On release day, more than 80 percent of validators on the default Unique Node List were already running the patched version, even though the fix’s source code had not yet been published.
That rollout created a short consensus risk. Patched servers would reject an exploit transaction while older servers would accept it. If someone had attempted the exploit during the mixed-version window, unpatched servers could have fallen out of sync, or the network could have halted over the next ledger. The team judged a halt preferable to validating a transaction that created an incorrect ledger state. Normal transactions did not enter the affected path.
What operators and users can verify The disclosure says no exploitation was found on public networks. It also says the attack could not occur accidentally, since it needed hundreds of offers at prices no ordinary trader would use and one purpose-built payment. Those statements narrow the user risk, but they do not replace an operator’s version check. Any server below xrpld 3.4.1 lacks the overflow rejection and the wider invariant counter described in the fix.
The report also separates this issue from a Batch transaction wrapper vulnerability fixed in the same release. The payment overflow fix took effect immediately with the software upgrade. The Batch fix depended on the fixBatchV1_2 amendment, which activated on Mainnet on October 9. Older servers are now amendment blocked, giving operators a second reason to update.
XRPL plans to add a re-verification step to its release process. Every security finding marked fixed, whether it came from an audit, bug bounty, attackathon, or AI-assisted red team, will be retested against the release candidate. The finding will close only after that candidate passes a test reproducing the original issue. The open operational question is whether this repeatable test process finds other arithmetic paths that share assumptions with the payment engine before a crafted transaction reaches them.
10 October 2026 | 08:20 XRP Ledger has disclosed a decade-old payment flaw that could create spendable XRP, detailing why operators received an emergency patch before the public report.
Key Takeaways A payment overflow could have created spendable XRP. XRPL found no evidence the flaw was exploited. The patch shipped in xrpld 3.4.1 on September 25. Developers bypassed the normal amendment timeline to close the risk faster. A payment calculation could produce XRP from nothing XRPL’s October 9 vulnerability report describes an integer-overflow flaw in the ledger’s payment engine. Under carefully constructed conditions, a payment that consumed many order-book offers could have credited accounts with XRP that the sender had not actually paid.
Each offer in the transaction could appear valid on its own. The failure arose when the engine added the XRP amounts across all of them. Once the total exceeded the maximum size of the number used for that calculation, it could wrap around to a much smaller value instead of producing an error.
The engine would still credit the offer owners with their full XRP amounts while charging the buyer only the wrapped-around total. The difference represented newly created XRP, which could then be moved, traded or sent to an exchange like any other balance.
Why the flaw was serious
The attack did not require a large XRP balance. An attacker could have controlled the accounts placing the offers, paid account reserves and transaction fees, then spread the created XRP across those accounts.
Account keys remained unaffected The vulnerability sat in payment arithmetic rather than wallet access. Triggering it required hundreds of deliberately priced offers and a transaction designed to consume them together; an ordinary XRP payment or trade would not approach the values needed to create the overflow.
XRPL said it found no evidence of exploitation on a public network, and no private-key compromise, loss of funds or consensus failure was reported. The flaw appears to have been present since the current payment engine was written in 2015, remaining undiscovered because normal activity never reached the arithmetic limit.
The existing protection against newly created XRP also relied on the same kind of addition. It could wrap around in the same way as the payment engine, allowing the transaction to appear normal instead of flagging the unexpected increase in balances.
Why developers used an emergency deployment Developers released the overflow fix before publishing its technical details because a normal amendment timeline would have left a known exploit available for weeks. The patch shipped in xrpld version 3.4.1 on September 25, while the public disclosure followed on October 9.
XRPL usually changes transaction rules through amendments. Validators first upgrade their software, then maintain the required support for a set period before the new rule activates at the same ledger point across the network. That process avoids situations in which different servers reach different conclusions about the same transaction.
Waiting for that process would have created a difficult problem here. Because xrpld is open source, publishing the repair could have shown attackers where to look while older software still accepted the vulnerable transaction path. The team therefore made the new overflow check take effect when an individual server upgraded.
That faster approach carried a temporary compatibility risk: an unpatched server could have accepted an exploit transaction that an upgraded server rejected. Developers considered that less dangerous than allowing created XRP to enter the market. The report says more than 80% of validators on the default UNL had upgraded on the day version 3.4.1 was released.
The disclosure covered a second, separate flaw The report also detailed a validation problem in XRPL’s forthcoming Batch feature, which lets users submit several transactions as one unit. It could have caused servers running different versions of the software to disagree over a malformed Batch transaction, interrupting ledger validation or breaking applications that parse transaction data.
Issue Potential consequence How it was addressed Payment-engine overflow Spendable XRP created beyond the intended supply. Overflow checks added in xrpld 3.4.1. Batch wrapper validation Server disagreement, stalled validation or broken transaction parsers. The fixBatchV1_2 amendment, activated on October 9. The Batch flaw was caught before the feature reached mainnet. The overflow issue affected existing payment-engine code, which is why its patch could not wait for a standard activation cycle.
The report arrived while XRPL was also activating new account-control tools for businesses. The changes address different parts of the ledger, yet both depend on node operators, wallet providers and developers following the same current rules.
What users and operators need to do Regular XRP holders do not need to move funds, replace a wallet or exchange their tokens. The update concerns the software that validates transactions, not a change to account balances, wallet keys or the XRP supply held by users.
Who needs to act?
XRP holders: No action is required. Exchange users: Follow platform notices if an exchange carries out maintenance on its own XRPL infrastructure. Node operators: Upgrade to xrpld 3.4.1 or later to remain in sync with the network. Older servers are now amendment-blocked following the activation of the Batch fix, meaning they cannot continue following the current ledger rules until they update.
The fix protected XRP’s supply rules before they were tested The disclosure shows how close the ledger came to a supply-integrity failure and why validators moved quickly. The flaw was fixed before its details became public, no exploit was found, and the payment engine now uses checks designed to stop the same class of arithmetic error before it reaches a validated ledger.
This article is for informational purposes only and does not constitute investment or technical advice. Node operators should review current XRPL release documentation before updating production infrastructure.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
The XRP Ledger has disclosed a critical bug that could have let an attacker create XRP out of thin air, beyond the network’s hard limit of 100 billion tokens.
The flaw lived in xrpld versions 3.4.0 and earlier. It was patched quietly in September and made public on October 9, 2026. Investigators found no evidence it was ever used on a public network.
How the bug worked The software used a 64-bit integer to add up XRP amounts when a single payment pulled from multiple offers on the order book. If that running total grew past the largest number the integer could hold, it wrapped around. The result was a number far smaller than reality.
An attacker could exploit that gap to spend XRP that did not exist. The ledger’s books would look balanced, while the actual supply quietly ballooned. The existing safety checks did not catch it. When the inflated balances were scattered across many accounts, the system’s guardrails failed to flag the discrepancy.
The cost of pulling this off was strikingly low. According to the disclosure, the exploit required specially crafted offers from hundreds of accounts, costing only a few hundred XRP in reserves and fees. Most of that outlay would have been recoverable.
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The amount of XRP that could have been minted in a single transaction may have exceeded the token’s entire total supply.
A quiet fix, then a public disclosure The vulnerability was reported on September 22, 2026, by researcher Cayden Liao through the XRPL Bug Bounty program. RippleX, Ripple’s developer arm, confirmed the issue.
RippleX reproduced the attack on a standalone server and confirmed that the excess XRP could be spent in follow-up transactions.
Three days after the report, on September 25, 2026, an emergency release went out: xrpld 3.4.1. The fix also skipped the usual amendment process. Normally, changes to the XRP Ledger’s rules go through a validator voting procedure before taking effect. This one was deployed immediately instead.
The public disclosure came on October 9, roughly two weeks after the patch shipped. The team reported no loss of funds, no compromised keys and no consensus problems tied to the bug.
A decade in hiding The flaw is thought to have existed since the payment engine was first built, around 2015. That means the code processed payments for years with a latent overflow sitting inside it.
What this means for XRP holders and the ledger For XRP holders, the immediate takeaway is reassuring. There is no evidence the bug was exploited, and the integrity of the token supply appears intact.
The decision to bypass the amendment process deserves attention. A known path to unlimited XRP creation is not something you want waiting on a governance vote. Emergency patches that skip normal procedures put a lot of trust in the core development team, and the network’s security depended on validators and node operators upgrading quickly.
Node operators still running xrpld 3.4.0 or earlier are the most direct audience for this news. The patched version, 3.4.1, has been available since September 25, and anyone who has not upgraded is running software with a publicly documented supply-breaking flaw.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
The XRP Ledger (XRPL) disclosed two software vulnerabilities on October 9, 2026, including a critical bug that could have allowed attackers to create new, spendable XRP. The second flaw affected the network’s Batch transaction feature and could have disrupted transaction validation.
According to the official report, the payment engine bug was fixed in xrpld version 3.4.1, released on September 25. XRPL reported no evidence that the vulnerability had been exploited on any public network.
The critical vulnerability affected how the payment engine calculated the XRP required to complete trades across multiple offers in an order book. The calculation could overflow when the combined amount exceeded the maximum value supported by the system. This could cause the payment engine to charge a buyer less XRP than the amount credited to offer owners, effectively creating new XRP.
Exploiting the bug required a carefully prepared order book containing hundreds of offers with unusually high prices, followed by a specific payment transaction. The vulnerability could not be triggered through ordinary payments or trades.
A researcher reported the issue through the XRPL Bug Bounty program on September 22, 2026. The RippleX engineering team reproduced the bug and confirmed that any XRP created through the flaw could be spent.
The issue was fixed in version 3.4.1. Developers added checks to prevent the calculation from overflowing and strengthened the system’s safeguards against unauthorized XRP creation.
Second Bug Affected XRPL Batch TransactionsThe second vulnerability involved the XRP Ledger’s Batch transaction feature, which allows users to submit multiple transactions together. The flaw allowed a transaction inside a batch to use an incorrectly structured field. The server could still accept and process the transaction.
This created a risk that different versions of XRPL software could disagree on whether a transaction was valid. Such disagreements could prevent validators from reaching consensus and interrupt ledger validation.
The issue did not allow attackers to bypass transaction signatures or directly steal funds, according to the report.
XRPL addressed the flaw through the fixBatchV1_2 amendment, which requires transactions to use the correct structure. The Batch feature had not been activated on the mainnet when the vulnerability was identified, so the report did not identify any mainnet accounts or funds affected by this bug.
XRPL Activates Batch Security FixXRPL developers and validator operators withdrew support for the original Batch amendment to reset its activation timeline while the team prepared the fix.
The corrected amendment gained support and activated on the mainnet on October 9, 2026, the same day the vulnerability report was published.
The report also outlined a change to the security testing process. XRPL plans to retest reported vulnerabilities against release candidates to confirm that fixes work before software releases.
What XRP Holders Need to KnowBoth vulnerabilities have been addressed, and XRPL reported no evidence that the critical payment engine bug had been exploited on a public network. The report does not establish that either flaw caused an actual loss of funds or an increase in XRP supply. The payment engine fix is included in xrpld version 3.4.1, while the Batch issue was addressed through the fixBatchV1_2 amendment.
The report does not instruct XRP holders to move their funds or change their private keys. The software upgrade is relevant to XRPL server operators, who need compatible versions to remain synchronized with the network.
Story Ends Here
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10 October 2026 | 10:15 Evernorth has completed its public-market transaction with approximately 473 million XRP and about $300 million in gross cash proceeds before expenses. Its shares are expected to begin trading on Nasdaq under the ticker XRPN on October 12.
The scale of the reserve makes the company easy to describe. Valuing an XRPN share requires a different question: how much of Evernorth’s net XRP value, cash and future returns belongs to each shareholder after dilution and corporate costs?
Key Takeaways Evernorth completed its transaction with about 473 million XRP. XRPN gives investors a corporate claim on XRP, not direct token ownership. Cash, debt, dilution and warrants can alter each share’s exposure. Its strategy must increase value per share to justify active deployment. The treasury is only the opening position In its October 9 completion announcement, Evernorth said it held approximately 473 million XRP and had raised roughly $300 million in gross cash proceeds. The company describes itself as the largest publicly traded pure-play XRP treasury company and plans to use its capital across the XRP ecosystem.
Before the deal closed, our report on Evernorth’s shareholder vote and planned Nasdaq debut outlined how in-kind XRP contributions and new financing would build that balance sheet. With the transaction complete, the focus moves from how the reserve was assembled to what the company can produce from it.
That shift matters because a public-company share carries more than token-price exposure. It gives investors a claim on a treasury run by management, with cash reserves, operating expenses, future financing decisions and strategies that can either add to, or reduce, the value supporting each share.
Holding XRP directly
The position mainly follows XRP’s market price, alongside the investor’s own custody and trading decisions.
Holding XRPN shares
The position also depends on Evernorth’s cash, liabilities, share count, costs and capital deployment.
Investors need to calculate the claim behind each share A useful framework is net asset value per diluted share. It separates the value of Evernorth’s assets from the price the stock market is willing to pay for the company managing them.
Illustrative XRP NAV per share
(XRP holdings × XRP price + cash and other assets – debt and liabilities) ÷ fully diluted economic shares
This is an investor framework, not a NAV figure Evernorth has reported. It shows why the XRP balance alone cannot value XRPN. The numerator changes with XRP’s price and the company’s balance sheet, while the denominator changes when new shares, warrants or convertible securities become part of the economic claim.
Evernorth’s closing Form 8-K lists 22.27 million Class A shares and 32.21 million Class C shares outstanding. It also lists 11.74 million warrants, each exercisable for one Class A share at $11.50. Those securities do not automatically translate into an immediate dilution figure, but they show why the public trading float cannot be treated as the whole ownership base.
A treasury can grow while the shareholder claim weakens if the company issues equity faster than it adds net value. The reverse can also happen if Evernorth raises capital or deploys assets in a way that increases the value supporting every diluted share. That is the practical test behind management’s pledge to grow XRP per share.
Gross cash is not the same as deployable capital The $300 million announced at closing gives Evernorth additional flexibility beyond its XRP reserve, but the company described it as gross proceeds before transaction expenses. Investors will need the first financial reports to see how much cash remains after closing costs, what portion is reserved for running a public company and how much can be committed to XRP-related activity.
Those details will shape the company’s ability to pursue its strategy without relying on more share issuance. They will also help investors judge whether Evernorth is accumulating assets in a way that strengthens the balance sheet or simply adds more moving parts around the token reserve.
Putting XRP to work could create returns, and new risks Evernorth plans to pursue institutional and DeFi yield strategies, ecosystem participation and capital-markets activity. That approach could create income that a passive treasury would not earn, particularly if the company can lend, provide liquidity or finance activity in the XRP ecosystem on terms that compensate for the risk.
It also introduces risks a holder of spot XRP does not automatically take. A lending or liquidity position depends on counterparties, collateral rules and the ability to exit when market conditions change. Returns should therefore be judged after costs, losses and liquidity constraints, not by an advertised yield alone.
The broader XRP ecosystem is also still developing the infrastructure that could support some of these activities. The XRP Ledger’s work on native lending shows where new sources of on-chain credit may emerge, but a protocol proposal does not establish Evernorth’s future returns or remove the risks of deploying corporate capital.
The first reports must show what shareholders own Evernorth has supplied the opening numbers. Its quarterly disclosures should give investors the information needed to follow the strategy beyond the headline XRP reserve.
What investors should watch after XRPN begins trading
Changes in XRP holdings and custody arrangements. Cash remaining after expenses, plus debt and other obligations. Basic shares, warrants and the fully diluted ownership base. XRP kept in reserve versus XRP deployed into strategies. Counterparties, collateral and liquidity terms behind those deployments. XRPN’s market price relative to the company’s reported net assets. The 473 million XRP reserve gives Evernorth a substantial opening balance sheet. Its accounting will show whether the treasury grows faster than its costs and diluted share base, which is the measure that will determine what long-term XRPN investors actually own.
This article is for informational purposes only and does not constitute investment advice. Digital-asset treasury companies can trade at substantial premiums or discounts to their underlying holdings, while their assets, liabilities and share counts may change.
Author
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Starknet spent years as one of Ethereum’s best-known scaling networks. Now it is openly considering leaving the nest.
On October 8, 2026, the project said it is weighing a transition from an Ethereum layer 2 into an independent layer 1 blockchain. The market did not wait for the details. STRK, Starknet’s native token, rallied to a nine-month high and outpaced both Bitcoin and ether.
The pitch centers on quantum computing. Starknet wants full quantum resistance by 2027 and argues that running its own chain is the fastest way to get there.
The rally, by the numbers Estimates of STRK’s move vary by source and time window, with reported gains ranging from 19% to 40% across October 8-9. The token climbed to roughly $0.07 to $0.073, its highest level in about nine months.
The activity went well beyond spot buying. Futures open interest on STRK rose by more than 50%, which points to traders piling into leveraged positions on the news.
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On-chain usage also picked up. Daily trading on Starknet’s decentralized exchanges rose to about $33.7 million, while network fees reached approximately $13,685 on October 8, a seven-day high.
Why Starknet wants its own chain StarkWare CEO Eli Ben-Sasson made the case at the Token2049 conference. He pointed to quantum computing and AI as emerging threats that blockchains need to prepare for, and soon.
A layer 2 like Starknet processes transactions on its own and then settles them back on Ethereum. That arrangement brings Ethereum’s security, but it also ties the chain to Ethereum’s schedule. Ethereum’s projected timeline for quantum resistance is 2029. Starknet wants to be there by 2027.
Becoming a layer 1 would give Starknet direct control over its consensus, its security model and the pace of its cryptographic upgrades.
Starknet’s cryptography leans on hash functions, which are considered essential building blocks for quantum-resistant systems. The project wants to push forward with hash-based defenses without waiting for Ethereum to move first.
Considering is not the same as doing The transition is not confirmed. Any move to a layer 1 would require governance approval. It would also demand serious technical design work and an entirely separate validator setup to secure the new chain.
Today, Starknet effectively borrows security from Ethereum. As a standalone chain, it would need to build and maintain its own consensus mechanism and recruit validators to run it.
What this means for STRK holders and the layer 2 landscape For traders, the near-term story is volatility. A more than 50% jump in futures open interest means a lot of leveraged positioning now rides on a proposal that has no approved timeline.
If Starknet does go independent and hits the 2027 quantum resistance target, it could position itself as an early mover on quantum security ahead of Ethereum’s 2029 timeline.
For the broader Ethereum ecosystem, the proposal raises a pointed question. Layer 2 networks have largely been framed as extensions of Ethereum. A prominent one openly weighing an exit, citing Ethereum’s slower upgrade schedule, is a notable signal about how some teams view the tradeoffs of staying tethered.
What to watch next: whether a formal governance proposal surfaces, what the validator design looks like, and how Starknet plans to handle security during any transition period. Watch whether the DEX volume and fee activity hold up once the initial excitement fades.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
An Ethereum address holding 12,746 ETH has moved for the first time in roughly 10.2 years, according to blockchain tracker Whale Alert.
What happened on-chain Whale Alert flagged the activation of the address, which held 12,746 ETH before stirring. The wallet had sat untouched for about 10.2 years.
Where those coins went, or what the owner intends, has not been publicly reported. The address has activated, and that is the confirmed part of the story.
Analytics firms watching these wallets have described a familiar routine. Long-dormant holders often start with a small test transfer, then follow up with larger movements once they confirm everything works.
A pattern of early wallets returning This address is not the first ancient Ethereum wallet to resurface. Over 2025 and 2026, several others have reappeared, with notable examples moving 10,000 ETH, 2,000 ETH and 40,000 ETH.
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Many of these wallets are linked to early Ethereum holders, particularly participants in the project’s initial coin offering, or ICO. An ICO is a token sale where a project raises money by selling its coins directly to the public before or around launch.
The economics of those early purchases are striking. Original acquisition costs for some of these wallets ran as low as $3,100 for significant ETH holdings, which translates into enormous returns against current valuations.
Several firms track this activity closely. Whale Alert, Lookonchain, Arkham Intelligence and the block explorer Etherscan have all surfaced on-chain movements from these older wallets.
Selling, staking or just checking in When dormant wallets come back, outcomes have varied. Some holders have sent coins to exchanges, which usually signals a possible sale.
Others have directed their ETH toward staking instead. Staking means locking up ETH to help secure the Ethereum network, earning rewards in return.
The research shows some activations have leaned toward staking rather than selling. That points to at least some early holders choosing yield over cashing out.
What this means for the market The immediate market impact of these reactivations has been limited. Individual activations have typically been absorbed without major price swings in ETH.
For traders, the practical takeaway is to watch what happens after the first transfer. Given the documented habit of small test transactions preceding larger ones, the follow-up moves from this address will reveal far more than the initial wake-up.
Destination is the tell. Coins heading to exchange deposit addresses suggest selling pressure, while coins moving into staking contracts suggest a holder settling in for the long haul.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
ASML to Uniformly Hike Prices of Lithography Machine Components for Samsung and SK Hynix by 10%, As AI Production Expansion Boom Drives Up Equipment Costs.
According to South Korean media reports, ASML has notified Samsung Electronics and SK Hynix that it will implement a uniform 10% price increase on EUV and DUV lithography machine components for the South Korean market. The adjustment covers regularly replaced consumable parts and core components required for fault repairs, including optical systems, light sources, and precision drive units. After consultations between the procurement departments of both sides, the two memory chip giants have accepted the price hike plan, with the adjustment set to take effect in January next year. This uniform across-the-board price increase is relatively rare; ASML previously typically adjusted prices only individually for components facing rising raw material costs or tight supply of specific materials. Meanwhile, the company is in negotiations with key clients over price hikes for new equipment. According to earlier reports, equipment manufacturers including Applied Materials and Tokyo Electron have also raised product prices, and the price hike trend in the semiconductor equipment sector is spreading. AI data center investment is driving memory chip and foundry players to expand production capacity, leading to a concentrated surge in demand for equipment and components. With suppliers taking time to ramp up production, coupled with inflation and raw material cost pressures, bargaining power in the equipment supply chain is shifting toward suppliers. The report noted that TSMC had previously opposed ASML’s equipment price hikes, indicating that different clients still have varying levels of acceptance of rising costs.
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Apple places a 30% additional order for iPhone Duo, while the total volume of the iPhone 18 Pro series remains unchanged.
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A crypto whale adds to HYPE buy orders, with planned buy-the-dip positions totaling $10.8 million.
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Claude Code Projects has fully lifted its waitlist, enabling Pro and Max users who were on the waitlist to now use the service.
Beating AI Express (Insight) – Anthropic announced that all waitlisted Pro and Max tier users who applied for Claude Code Projects have now been granted testing access. The feature launched in September, initially available only to a small subset of users. While its scope has expanded, it remains in Beta testing and is not yet fully open to all paid subscribers. Claude Code Projects functions as a project management agent: users only need to submit requests, and it automatically splits tasks and assigns them to multiple concurrent Claude Code sessions. Each session independently writes code, runs tests, submits pull requests (PRs), and reports back to the manager, eliminating the need for users to assign tasks or track progress manually. These sessions share project data and memory, run on the cloud by default, and can continue operating even when the user’s computer is powered off. For tasks requiring local files or software, users can also designate execution on their own device.
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2 New Wallets Withdraw 280.75M $龙虾 ($12.21M) From Exchanges in 3 Days
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Supermicro contractor pleads guilty; $2.5 billion server order tied to smuggling case.
Beating AI Express News: Ting-Wei Sun, a former contractor of Supermicro, has pleaded guilty in a New York federal court in the U.S. He was involved in illegally diverting servers equipped with NVIDIA high-end AI chips to China, admitting to four charges: conspiracy to violate export controls, conspiracy to smuggle, conspiracy to defraud the U.S. government, and obstruction of justice. Previously, U.S. prosecutors indicted three people total. Besides Sun, the defendants include Supermicro co-founder Yih-Shyan Liaw and Ruei-Tsang Chang, general manager of the company’s Taiwan office. The U.S. Department of Justice (DOJ) disclosed earlier that between 2024 and 2025, a Southeast Asian middleman purchased approximately $2.5 billion worth of equipment from the involved U.S. server manufacturer. Prosecutors allege that at least $510 million worth of these servers were illegally diverted to China in just a few weeks in 2025. The involved servers were typically first shipped via Taiwan to Southeast Asia, then repackaged and sent to China. To evade inspections, the suspects placed thousands of non-functional dummy servers in warehouses and used hair dryers to remove labels and serial numbers. Prosecutors said Sun participated in arranging the dummy servers and made false statements during inspections by the U.S. Department of Commerce. Supermicro was not named as a defendant in the case and has cut ties with the three involved individuals. An independent investigation released by the company in August found no evidence that current executives were aware of the smuggling scheme.
ASML to Uniformly Hike Prices of Lithography Machine Components for Samsung and SK Hynix by 10%, As AI Production Expansion Boom Drives Up Equipment Costs.
According to South Korean media reports, ASML has notified Samsung Electronics and SK Hynix that it will implement a uniform 10% price increase on EUV and DUV lithography machine components for the South Korean market. The adjustment covers regularly replaced consumable parts and core components required for fault repairs, including optical systems, light sources, and precision drive units. After consultations between the procurement departments of both sides, the two memory chip giants have accepted the price hike plan, with the adjustment set to take effect in January next year. This uniform across-the-board price increase is relatively rare; ASML previously typically adjusted prices only individually for components facing rising raw material costs or tight supply of specific materials. Meanwhile, the company is in negotiations with key clients over price hikes for new equipment. According to earlier reports, equipment manufacturers including Applied Materials and Tokyo Electron have also raised product prices, and the price hike trend in the semiconductor equipment sector is spreading. AI data center investment is driving memory chip and foundry players to expand production capacity, leading to a concentrated surge in demand for equipment and components. With suppliers taking time to ramp up production, coupled with inflation and raw material cost pressures, bargaining power in the equipment supply chain is shifting toward suppliers. The report noted that TSMC had previously opposed ASML’s equipment price hikes, indicating that different clients still have varying levels of acceptance of rising costs.
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Apple places a 30% additional order for iPhone Duo, while the total volume of the iPhone 18 Pro series remains unchanged.
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A crypto whale adds to HYPE buy orders, with planned buy-the-dip positions totaling $10.8 million.
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25 minutes ago
Claude Code Projects has fully lifted its waitlist, enabling Pro and Max users who were on the waitlist to now use the service.
Beating AI Express (Insight) – Anthropic announced that all waitlisted Pro and Max tier users who applied for Claude Code Projects have now been granted testing access. The feature launched in September, initially available only to a small subset of users. While its scope has expanded, it remains in Beta testing and is not yet fully open to all paid subscribers. Claude Code Projects functions as a project management agent: users only need to submit requests, and it automatically splits tasks and assigns them to multiple concurrent Claude Code sessions. Each session independently writes code, runs tests, submits pull requests (PRs), and reports back to the manager, eliminating the need for users to assign tasks or track progress manually. These sessions share project data and memory, run on the cloud by default, and can continue operating even when the user’s computer is powered off. For tasks requiring local files or software, users can also designate execution on their own device.
25 minutes ago
2 New Wallets Withdraw 280.75M $龙虾 ($12.21M) From Exchanges in 3 Days
2 newly created wallets (0x4d28 and 0x5a42) withdrew 280.75M $龙虾 ($12.21M) from exchanges over the past 3 days, 28.08% of the total supply.
25 minutes ago
Supermicro contractor pleads guilty; $2.5 billion server order tied to smuggling case.
Beating AI Express News: Ting-Wei Sun, a former contractor of Supermicro, has pleaded guilty in a New York federal court in the U.S. He was involved in illegally diverting servers equipped with NVIDIA high-end AI chips to China, admitting to four charges: conspiracy to violate export controls, conspiracy to smuggle, conspiracy to defraud the U.S. government, and obstruction of justice. Previously, U.S. prosecutors indicted three people total. Besides Sun, the defendants include Supermicro co-founder Yih-Shyan Liaw and Ruei-Tsang Chang, general manager of the company’s Taiwan office. The U.S. Department of Justice (DOJ) disclosed earlier that between 2024 and 2025, a Southeast Asian middleman purchased approximately $2.5 billion worth of equipment from the involved U.S. server manufacturer. Prosecutors allege that at least $510 million worth of these servers were illegally diverted to China in just a few weeks in 2025. The involved servers were typically first shipped via Taiwan to Southeast Asia, then repackaged and sent to China. To evade inspections, the suspects placed thousands of non-functional dummy servers in warehouses and used hair dryers to remove labels and serial numbers. Prosecutors said Sun participated in arranging the dummy servers and made false statements during inspections by the U.S. Department of Commerce. Supermicro was not named as a defendant in the case and has cut ties with the three involved individuals. An independent investigation released by the company in August found no evidence that current executives were aware of the smuggling scheme.
ASML to Uniformly Hike Prices of Lithography Machine Components for Samsung and SK Hynix by 10%, As AI Production Expansion Boom Drives Up Equipment Costs.
According to South Korean media reports, ASML has notified Samsung Electronics and SK Hynix that it will implement a uniform 10% price increase on EUV and DUV lithography machine components for the South Korean market. The adjustment covers regularly replaced consumable parts and core components required for fault repairs, including optical systems, light sources, and precision drive units. After consultations between the procurement departments of both sides, the two memory chip giants have accepted the price hike plan, with the adjustment set to take effect in January next year. This uniform across-the-board price increase is relatively rare; ASML previously typically adjusted prices only individually for components facing rising raw material costs or tight supply of specific materials. Meanwhile, the company is in negotiations with key clients over price hikes for new equipment. According to earlier reports, equipment manufacturers including Applied Materials and Tokyo Electron have also raised product prices, and the price hike trend in the semiconductor equipment sector is spreading. AI data center investment is driving memory chip and foundry players to expand production capacity, leading to a concentrated surge in demand for equipment and components. With suppliers taking time to ramp up production, coupled with inflation and raw material cost pressures, bargaining power in the equipment supply chain is shifting toward suppliers. The report noted that TSMC had previously opposed ASML’s equipment price hikes, indicating that different clients still have varying levels of acceptance of rising costs.
25 minutes ago
Apple places a 30% additional order for iPhone Duo, while the total volume of the iPhone 18 Pro series remains unchanged.
According to sources from Apple's supply chain, the tech giant is making structural adjustments to its 2026 fall new iPhone orders: it has placed an additional 30% order for the iPhone Duo, though the total volume still remains below 10 million units; it has cut orders for the iPhone 18 Pro by 10% to 15%, while increasing orders for the iPhone 18 Pro Max by 10% to 15%, leaving the total order volume for the entire iPhone 18 Pro series unchanged. An Apple supply chain source said, "This means sales are shifting toward higher-value products, which is overall positive for the performance of Apple's supply chain companies."
25 minutes ago
A crypto whale adds to HYPE buy orders, with planned buy-the-dip positions totaling $10.8 million.
According to TradingBeats monitoring, a crypto whale has added 7 new limit buy orders for HYPE at prices ranging from $64.099 to $77.93, totaling roughly $2.52 million. Combined with orders placed on October 8 that are still active, the account holds a total of 30 buy orders spanning $61.26 to $81.94, with a combined value of approximately $10.828 million. The account currently has no open positions. HYPE is trading at around $84.22 at press time, and its highest buy order price of $81.94 is roughly 2.7% lower than the current spot price; order amounts are distributed across the entire price range.
25 minutes ago
Claude Code Projects has fully lifted its waitlist, enabling Pro and Max users who were on the waitlist to now use the service.
Beating AI Express (Insight) – Anthropic announced that all waitlisted Pro and Max tier users who applied for Claude Code Projects have now been granted testing access. The feature launched in September, initially available only to a small subset of users. While its scope has expanded, it remains in Beta testing and is not yet fully open to all paid subscribers. Claude Code Projects functions as a project management agent: users only need to submit requests, and it automatically splits tasks and assigns them to multiple concurrent Claude Code sessions. Each session independently writes code, runs tests, submits pull requests (PRs), and reports back to the manager, eliminating the need for users to assign tasks or track progress manually. These sessions share project data and memory, run on the cloud by default, and can continue operating even when the user’s computer is powered off. For tasks requiring local files or software, users can also designate execution on their own device.
25 minutes ago
2 New Wallets Withdraw 280.75M $龙虾 ($12.21M) From Exchanges in 3 Days
2 newly created wallets (0x4d28 and 0x5a42) withdrew 280.75M $龙虾 ($12.21M) from exchanges over the past 3 days, 28.08% of the total supply.
25 minutes ago
Supermicro contractor pleads guilty; $2.5 billion server order tied to smuggling case.
Beating AI Express News: Ting-Wei Sun, a former contractor of Supermicro, has pleaded guilty in a New York federal court in the U.S. He was involved in illegally diverting servers equipped with NVIDIA high-end AI chips to China, admitting to four charges: conspiracy to violate export controls, conspiracy to smuggle, conspiracy to defraud the U.S. government, and obstruction of justice. Previously, U.S. prosecutors indicted three people total. Besides Sun, the defendants include Supermicro co-founder Yih-Shyan Liaw and Ruei-Tsang Chang, general manager of the company’s Taiwan office. The U.S. Department of Justice (DOJ) disclosed earlier that between 2024 and 2025, a Southeast Asian middleman purchased approximately $2.5 billion worth of equipment from the involved U.S. server manufacturer. Prosecutors allege that at least $510 million worth of these servers were illegally diverted to China in just a few weeks in 2025. The involved servers were typically first shipped via Taiwan to Southeast Asia, then repackaged and sent to China. To evade inspections, the suspects placed thousands of non-functional dummy servers in warehouses and used hair dryers to remove labels and serial numbers. Prosecutors said Sun participated in arranging the dummy servers and made false statements during inspections by the U.S. Department of Commerce. Supermicro was not named as a defendant in the case and has cut ties with the three involved individuals. An independent investigation released by the company in August found no evidence that current executives were aware of the smuggling scheme.
In this week’s edition of the weekly recap, Bitcoin lost its early-October gains as U.S. exchange-traded funds recorded heavy withdrawals, while the Treasury abandoned two proposed crypto reporting rules. OKX added institutional investors at a $25 billion valuation, and Ethereum developers advanced the network’s next upgrade.
Summary
Bitcoin recovered above $82,000 after falling toward $80,300, but remained lower over seven days. FinCEN withdrew proposed reporting rules covering self-custody wallets and foreign cryptocurrency mixing. OKX added Circle, Ripple, QRT and SC Ventures at a $25 billion pre-money valuation. Bitmine bought 15,112 ETH, raising its Ethereum treasury to more than 6 million tokens. IRS guidance preserved qualifying crypto trusts’ tax classification when staking assets under specified conditions. Bitcoin slides as ETF withdrawals accelerate Bitcoin recovered above $82,000 on Oct. 9 after briefly approaching $80,300. CoinGecko placed BTC near $82,365 during the report’s price check, still roughly 5% lower over seven days. The rebound followed President Donald Trump’s statement ruling out attacks on Iran before the Nov. 3 midterm elections, although he said the U.S. blockade would remain. U.S. spot Bitcoin ETFs lost $484.9 million on Oct. 7, their largest daily withdrawal since June, followed by approximately $244 million on Oct. 8. BlackRock’s IBIT accounted for $207.7 million of the earlier withdrawal, according to Farside Investors. Treasury abandons wallet and mixer proposals FinCEN withdrew two proposed rules through notices filed on Oct. 5. The 2020 wallet proposal would have required financial institutions to keep records for covered transfers above $3,000 and report transactions exceeding $10,000, including qualifying transfers involving self-custody wallets. The bureau also withdrew its 2023 foreign-mixing proposal and the related money laundering finding. FinCEN acknowledged concerns that its definition could discourage lawful activity and create substantial compliance costs. The agency said it would continue monitoring illicit finance, while Coin Center welcomed the withdrawals as a financial-privacy victory. OKX adds investors at $25 billion valuation OKX expanded its strategic investment round with Circle, Qube Research & Technologies, Ripple and Standard Chartered’s SC Ventures. Its Oct. 6 announcement valued the exchange at $25 billion before the new investment, extending the round started by Intercontinental Exchange in March. The four investors already work with OKX across stablecoins, liquidity and custody. CEO Star Xu said the capital would support growth and real-world asset tokenization. Earlier arrangements with ICE included plans for regulated U.S. futures infrastructure and tokenized NYSE equities, subject to regulatory approval. Bitmine’s Ethereum treasury reaches 6.02 million ETH Bitmine added another 15,112 ETH, taking its holdings to 6,016,414 tokens in its Oct. 5 update. The company valued the position at approximately $16.4 billion and said it represented 4.9% of Ethereum’s supply. Its staked balance stood at 5,067,309 ETH, worth roughly $13.8 billion. Bitmine projected $363 million in annual staking revenue using its reported seven-day annualized yield of 2.63%. IRS updates staking rules for qualifying trusts The IRS updated its staking framework on Oct. 6 through Revenue Procedure 2026-20. Eligible investment and grantor trusts can stake proof-of-stake assets while preserving their federal tax classification. Conditions cover exchange listings, custody, independent staking providers, and liquidity management. Rewards must generally reach holders within 60 days after the relevant quarter ends. The guidance addresses trust classification rather than granting a general tax exemption for staking income. Ethereum tests Glamsterdam on Sepolia Ethereum’s Glamsterdam upgrade activated on the Sepolia testnet on Oct. 6, according to community contributor Pooja Ranjan. Testing included a 200 million gas limit, compared with roughly 60 million previously. The upgrade changes block production, execution, and gas accounting. Developers will use the results before setting the next testnet activation, while a final mainnet date remains unconfirmed. Coinbase prepares U.S. access to Deribit options Coinbase announced its Deribit integration on Oct. 7 following an Oct. 1 account migration. Eligible U.S. institutions will access options through Coinbase Prime and its CFTC-regulated futures intermediary. Coinbase expected institutional options trading to become available in the coming weeks. Its retail rollout would begin with eligible customers outside the United States, followed by American retail access later in 2026. Sui’s Hashi secures $500 million in commitments Sui Foundation announced Hashi’s launch coalition on Oct. 8, with more than $500 million in capital commitments and over 20 partners. A phased mainnet rollout was planned for later October. Anchorage Digital joined to provide institutional access through Atlas and Porto. Hashi will support Bitcoin-backed financial products on Sui; the committed capital represents planned backing rather than funds already deposited into live contracts. Ripple Prime expands its Brevan Howard agreement Ripple expanded its brokerage agreement with Brevan Howard, which oversees approximately $35 billion. The Oct. 6 announcement covered multi-asset prime brokerage, clearing and financing across traditional and digital markets. Brevan Howard’s operations chief Alan McGroarty said the platform was expected to improve operational ease and capital efficiency. Funds managed by its affiliates had previously participated in Ripple’s 2025 strategic investment. CFTC seeks input on federal crypto trading frameworks The CFTC opened a public consultation on Regulation CTX and Regulation CAM on Oct. 5. Written comments are due within 60 days of Federal Register publication. Chair Michael Selig described a potential federal registration route for exchanges offering leveraged, margined or financed retail crypto transactions. He said compulsory registration would require congressional action, distinguishing the consultation from an adopted market-wide framework. Winklevoss proposes a spot Zcash ETF Winklevoss Asset Services filed a Zcash application with the SEC on Oct. 6, proposing a Nasdaq-listed spot ETF under WINK. Gemini Trust Company would custody its ZEC. The filing specifies cash-based share creations and redemptions, with the fund holding Zcash directly. Trading remains subject to regulatory clearance, and the application does not establish a launch date. Mashinsky accepts lifetime industry ban Former Celsius CEO Alex Mashinsky agreed to lifetime restrictions under a New York settlement announced Oct. 9. The agreement bars him from the cryptocurrency, securities and commodities industries. Attorney General Letitia James said conditional payments could total $35 million, depending on additional federal forfeiture and whether he serves his full prison sentence. The settlement resolves the state’s 2023 civil lawsuit over Celsius’s promotion. ESMA sets stablecoin remediation deadline ESMA set a January deadline for clearing remaining exposure to non-MiCA-compliant stablecoins at authorized EU crypto firms. Its Oct. 8 opinion gives national regulators until Jan. 8, 2027 at the latest. Regulators may permit temporary liquidation, conversion, withdrawal and safekeeping services for existing customers. ESMA said firms should stop services that allow clients to acquire or increase exposure to affected tokens. XRP Ledger activates bundled transactions XRP Ledger activated its Batch feature on mainnet with support from 30 of 35 validators, according to XRPScan amendment data. Users can combine two to eight transactions in one operation. Official documentation specifies four execution modes, including an all-or-nothing option for linked transfers. Other modes allow one successful action, processing until failure, or independent attempts at each included transaction.
Kripto para piyasasında hareketlilik devam ederken Starknet’in yerel tokeni STRK, son 24 saatte yüzde 18,1 değer kazanarak 0,06 dolar seviyesini aştı. Altcoin fiyatındaki sert yükseliş, StarkWare CEO’su Eli Ben-Sasson’un Ethereum ağından bağımsız bir blockchain oluşturma ihtimaline ilişkin açıklamalarının ardından geldi. Starknet’in Layer-2 yapısından Layer-1 ağına geçebileceği yönündeki değerlendirmeler, yatırımcıların dikkatini STRK tokenine çevirdi.
Starknet (STRK) Neden Yükseliyor? Starknet’in yerel kripto para birimi STRK, son 24 saat içerisinde yüzde 18,1 yükselerek altcoin piyasasında dikkat çeken performanslardan birini sergiledi. Fiyatın 0,06 dolar seviyesini aşmasında, Starknet’in gelecekteki teknolojik altyapısına ilişkin açıklamaların etkili olduğu değerlendiriliyor. StarkWare CEO’su Eli Ben-Sasson’un Ethereum’dan bağımsız bir blockchain ağı oluşturulabileceğine yönelik değerlendirmeleri, projeye yönelik ilgiyi artırdı. Ancak yükselişin kalıcı olup olmayacağı, önümüzdeki dönemde açıklanabilecek teknik gelişmelere ve piyasa koşullarına bağlı olacak.
Starknet’in mevcut Layer-2 yapısından ayrılarak bağımsız bir Layer-1 blockchain ağına dönüşmesi, değerlendirilen teknik seçenekler arasında bulunuyor. Bu ihtimalin gündeme gelmesinde kuantum bilgisayarların ve yapay zekâ teknolojilerinin blockchain güvenliği üzerinde oluşturabileceği riskler önemli rol oynuyor.
Eli Ben-Sasson, Starknet’in gelecekte güvenlik güncellemelerini daha bağımsız ve hızlı şekilde uygulayabilmesi için farklı altyapı modellerinin değerlendirildiğini belirtti.
Ancak Ethereum’dan ayrılma konusunda henüz kesinleşmiş bir karar bulunmuyor. Olası geçişin ne zaman gerçekleşebileceği ve STRK tokeninin yeni ağdaki rolü de belirsizliğini koruyor.
Starknet’in Yeni Güncellemesi Dikkat Çekiyor Starknet ekibi, kısa süre önce v0.14.4 güncellemesini ana ağa taşıyarak blockchain altyapısında önemli bir teknik iyileştirmeye imza attı. Güncellemeyle birlikte tek bir kanıt içerisinde işlenebilecek kapasite yaklaşık 1,1 milyar Layer-2 gas seviyesine yükseltildi. Bu yenilik, ağın daha yüksek işlem yüklerini karşılayabilmesi ve ölçeklenebilirlik performansının geliştirilmesi açısından önemli bir adım olarak değerlendiriliyor.
Söz konusu gelişme, Starknet’in işlem kapasitesini artırmaya, ağ verimliliğini güçlendirmeye ve kullanıcı deneyimini iyileştirmeye yönelik çalışmalarını sürdürdüğünü gösteriyor. Özellikle blockchain ağlarında hız, güvenlik ve düşük işlem maliyetlerinin giderek daha fazla önem kazanması, bu tür teknik güncellemeleri ön plana çıkarıyor. Projenin altyapısındaki iyileştirmeler uzun vadeli büyüme hedeflerini desteklerken, Ethereum’dan bağımsız bir Layer-1 ağına geçiş ihtimali de STRK yatırımcılarının yakından takip ettiği gelişmeler arasında bulunuyor.
STRK Fiyatında Yükseliş Devam Edecek mi? STRK tokeninde yaşanan yüzde 18,1’lik yükseliş, yatırımcıların Starknet’in geleceğine yönelik beklentilerinin güçlendiğine işaret ediyor. Ancak fiyat hareketinin sürdürülebilirliği açısından bağımsız Layer-1 planının somut bir teknik teklife dönüşmesi kritik önem taşıyor. Genel değerlendirmede Starknet’in Ethereum’dan ayrılma ihtimali, projenin geleceği açısından önemli bir gelişme olarak öne çıkıyor. Bununla birlikte henüz resmi bir geçiş kararı alınmamış olması, STRK fiyatındaki yükselişin beklentilere dayalı olabileceğini gösteriyor. Önümüzdeki süreçte StarkWare tarafından yapılacak açıklamalar ve teknik güncellemeler, altcoinin fiyat hareketleri üzerinde belirleyici olabilir.
Son Dakika kripto para haberleri için hemen tıkla.
Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.
A Year of Shrinking VolumeDogecoin's trading activity has lost considerable ground over the past 12 months. According to data tracked by Artemis Analytics, $DOGE was regularly posting daily exchange volumes of between $1 billion and $2 billion in November 2025. Fast-forward to October 2026, and that figure has roughly halved, with typical daily volumes now running between $500 million and $1 billion.
The trend has been consistent and hard to dismiss. before partially recovering to the current range.
There was one notable outlier.
What Is Driving the Slide?The volume drop is not happening in isolation. Fewer active users on-chain naturally translates into softer exchange turnover.
That shift in sentiment has weighed on $DOGE alongside the raw volume numbers.
Despite the decline, Dogecoin has not been written off entirely. Whether this current lull follows the same pattern remains to be seen.
Data: Artemis Analytics
Sources:
Artemis Analytics | Crypto Adventure: Dogecoin Trading Volume Falls 64% As 2026 Liquidity Fades | Bitunix: Is Dogecoin Dead? DOGE Price and 2026 Outlook
ASML to Uniformly Hike Prices of Lithography Machine Components for Samsung and SK Hynix by 10%, As AI Production Expansion Boom Drives Up Equipment Costs.
According to South Korean media reports, ASML has notified Samsung Electronics and SK Hynix that it will implement a uniform 10% price increase on EUV and DUV lithography machine components for the South Korean market. The adjustment covers regularly replaced consumable parts and core components required for fault repairs, including optical systems, light sources, and precision drive units. After consultations between the procurement departments of both sides, the two memory chip giants have accepted the price hike plan, with the adjustment set to take effect in January next year. This uniform across-the-board price increase is relatively rare; ASML previously typically adjusted prices only individually for components facing rising raw material costs or tight supply of specific materials. Meanwhile, the company is in negotiations with key clients over price hikes for new equipment. According to earlier reports, equipment manufacturers including Applied Materials and Tokyo Electron have also raised product prices, and the price hike trend in the semiconductor equipment sector is spreading. AI data center investment is driving memory chip and foundry players to expand production capacity, leading to a concentrated surge in demand for equipment and components. With suppliers taking time to ramp up production, coupled with inflation and raw material cost pressures, bargaining power in the equipment supply chain is shifting toward suppliers. The report noted that TSMC had previously opposed ASML’s equipment price hikes, indicating that different clients still have varying levels of acceptance of rising costs.
5 minutes ago
Apple places a 30% additional order for iPhone Duo, while the total volume of the iPhone 18 Pro series remains unchanged.
According to sources from Apple's supply chain, the tech giant is making structural adjustments to its 2026 fall new iPhone orders: it has placed an additional 30% order for the iPhone Duo, though the total volume still remains below 10 million units; it has cut orders for the iPhone 18 Pro by 10% to 15%, while increasing orders for the iPhone 18 Pro Max by 10% to 15%, leaving the total order volume for the entire iPhone 18 Pro series unchanged. An Apple supply chain source said, "This means sales are shifting toward higher-value products, which is overall positive for the performance of Apple's supply chain companies."
5 minutes ago
A crypto whale adds to HYPE buy orders, with planned buy-the-dip positions totaling $10.8 million.
According to TradingBeats monitoring, a crypto whale has added 7 new limit buy orders for HYPE at prices ranging from $64.099 to $77.93, totaling roughly $2.52 million. Combined with orders placed on October 8 that are still active, the account holds a total of 30 buy orders spanning $61.26 to $81.94, with a combined value of approximately $10.828 million. The account currently has no open positions. HYPE is trading at around $84.22 at press time, and its highest buy order price of $81.94 is roughly 2.7% lower than the current spot price; order amounts are distributed across the entire price range.
5 minutes ago
Claude Code Projects has fully lifted its waitlist, enabling Pro and Max users who were on the waitlist to now use the service.
Beating AI Express (Insight) – Anthropic announced that all waitlisted Pro and Max tier users who applied for Claude Code Projects have now been granted testing access. The feature launched in September, initially available only to a small subset of users. While its scope has expanded, it remains in Beta testing and is not yet fully open to all paid subscribers. Claude Code Projects functions as a project management agent: users only need to submit requests, and it automatically splits tasks and assigns them to multiple concurrent Claude Code sessions. Each session independently writes code, runs tests, submits pull requests (PRs), and reports back to the manager, eliminating the need for users to assign tasks or track progress manually. These sessions share project data and memory, run on the cloud by default, and can continue operating even when the user’s computer is powered off. For tasks requiring local files or software, users can also designate execution on their own device.
5 minutes ago
2 New Wallets Withdraw 280.75M $龙虾 ($12.21M) From Exchanges in 3 Days
2 newly created wallets (0x4d28 and 0x5a42) withdrew 280.75M $龙虾 ($12.21M) from exchanges over the past 3 days, 28.08% of the total supply.
5 minutes ago
Supermicro contractor pleads guilty; $2.5 billion server order tied to smuggling case.
Beating AI Express News: Ting-Wei Sun, a former contractor of Supermicro, has pleaded guilty in a New York federal court in the U.S. He was involved in illegally diverting servers equipped with NVIDIA high-end AI chips to China, admitting to four charges: conspiracy to violate export controls, conspiracy to smuggle, conspiracy to defraud the U.S. government, and obstruction of justice. Previously, U.S. prosecutors indicted three people total. Besides Sun, the defendants include Supermicro co-founder Yih-Shyan Liaw and Ruei-Tsang Chang, general manager of the company’s Taiwan office. The U.S. Department of Justice (DOJ) disclosed earlier that between 2024 and 2025, a Southeast Asian middleman purchased approximately $2.5 billion worth of equipment from the involved U.S. server manufacturer. Prosecutors allege that at least $510 million worth of these servers were illegally diverted to China in just a few weeks in 2025. The involved servers were typically first shipped via Taiwan to Southeast Asia, then repackaged and sent to China. To evade inspections, the suspects placed thousands of non-functional dummy servers in warehouses and used hair dryers to remove labels and serial numbers. Prosecutors said Sun participated in arranging the dummy servers and made false statements during inspections by the U.S. Department of Commerce. Supermicro was not named as a defendant in the case and has cut ties with the three involved individuals. An independent investigation released by the company in August found no evidence that current executives were aware of the smuggling scheme.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
ASML to Uniformly Hike Prices of Lithography Machine Components for Samsung and SK Hynix by 10%, As AI Production Expansion Boom Drives Up Equipment Costs.
According to South Korean media reports, ASML has notified Samsung Electronics and SK Hynix that it will implement a uniform 10% price increase on EUV and DUV lithography machine components for the South Korean market. The adjustment covers regularly replaced consumable parts and core components required for fault repairs, including optical systems, light sources, and precision drive units. After consultations between the procurement departments of both sides, the two memory chip giants have accepted the price hike plan, with the adjustment set to take effect in January next year. This uniform across-the-board price increase is relatively rare; ASML previously typically adjusted prices only individually for components facing rising raw material costs or tight supply of specific materials. Meanwhile, the company is in negotiations with key clients over price hikes for new equipment. According to earlier reports, equipment manufacturers including Applied Materials and Tokyo Electron have also raised product prices, and the price hike trend in the semiconductor equipment sector is spreading. AI data center investment is driving memory chip and foundry players to expand production capacity, leading to a concentrated surge in demand for equipment and components. With suppliers taking time to ramp up production, coupled with inflation and raw material cost pressures, bargaining power in the equipment supply chain is shifting toward suppliers. The report noted that TSMC had previously opposed ASML’s equipment price hikes, indicating that different clients still have varying levels of acceptance of rising costs.
5 minutes ago
Apple places a 30% additional order for iPhone Duo, while the total volume of the iPhone 18 Pro series remains unchanged.
According to sources from Apple's supply chain, the tech giant is making structural adjustments to its 2026 fall new iPhone orders: it has placed an additional 30% order for the iPhone Duo, though the total volume still remains below 10 million units; it has cut orders for the iPhone 18 Pro by 10% to 15%, while increasing orders for the iPhone 18 Pro Max by 10% to 15%, leaving the total order volume for the entire iPhone 18 Pro series unchanged. An Apple supply chain source said, "This means sales are shifting toward higher-value products, which is overall positive for the performance of Apple's supply chain companies."
5 minutes ago
A crypto whale adds to HYPE buy orders, with planned buy-the-dip positions totaling $10.8 million.
According to TradingBeats monitoring, a crypto whale has added 7 new limit buy orders for HYPE at prices ranging from $64.099 to $77.93, totaling roughly $2.52 million. Combined with orders placed on October 8 that are still active, the account holds a total of 30 buy orders spanning $61.26 to $81.94, with a combined value of approximately $10.828 million. The account currently has no open positions. HYPE is trading at around $84.22 at press time, and its highest buy order price of $81.94 is roughly 2.7% lower than the current spot price; order amounts are distributed across the entire price range.
5 minutes ago
Claude Code Projects has fully lifted its waitlist, enabling Pro and Max users who were on the waitlist to now use the service.
Beating AI Express (Insight) – Anthropic announced that all waitlisted Pro and Max tier users who applied for Claude Code Projects have now been granted testing access. The feature launched in September, initially available only to a small subset of users. While its scope has expanded, it remains in Beta testing and is not yet fully open to all paid subscribers. Claude Code Projects functions as a project management agent: users only need to submit requests, and it automatically splits tasks and assigns them to multiple concurrent Claude Code sessions. Each session independently writes code, runs tests, submits pull requests (PRs), and reports back to the manager, eliminating the need for users to assign tasks or track progress manually. These sessions share project data and memory, run on the cloud by default, and can continue operating even when the user’s computer is powered off. For tasks requiring local files or software, users can also designate execution on their own device.
5 minutes ago
2 New Wallets Withdraw 280.75M $龙虾 ($12.21M) From Exchanges in 3 Days
2 newly created wallets (0x4d28 and 0x5a42) withdrew 280.75M $龙虾 ($12.21M) from exchanges over the past 3 days, 28.08% of the total supply.
5 minutes ago
Supermicro contractor pleads guilty; $2.5 billion server order tied to smuggling case.
Beating AI Express News: Ting-Wei Sun, a former contractor of Supermicro, has pleaded guilty in a New York federal court in the U.S. He was involved in illegally diverting servers equipped with NVIDIA high-end AI chips to China, admitting to four charges: conspiracy to violate export controls, conspiracy to smuggle, conspiracy to defraud the U.S. government, and obstruction of justice. Previously, U.S. prosecutors indicted three people total. Besides Sun, the defendants include Supermicro co-founder Yih-Shyan Liaw and Ruei-Tsang Chang, general manager of the company’s Taiwan office. The U.S. Department of Justice (DOJ) disclosed earlier that between 2024 and 2025, a Southeast Asian middleman purchased approximately $2.5 billion worth of equipment from the involved U.S. server manufacturer. Prosecutors allege that at least $510 million worth of these servers were illegally diverted to China in just a few weeks in 2025. The involved servers were typically first shipped via Taiwan to Southeast Asia, then repackaged and sent to China. To evade inspections, the suspects placed thousands of non-functional dummy servers in warehouses and used hair dryers to remove labels and serial numbers. Prosecutors said Sun participated in arranging the dummy servers and made false statements during inspections by the U.S. Department of Commerce. Supermicro was not named as a defendant in the case and has cut ties with the three involved individuals. An independent investigation released by the company in August found no evidence that current executives were aware of the smuggling scheme.
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Grayscale's Zcash ETF Bleeds Over $124M in Two WeeksDemand for @Grayscale's spot @Zcash ETF (NYSE: ZCSH) has deteriorated sharply. The fund has now recorded seven consecutive days of net outflows, with total redemptions exceeding $124M over the past two weeks, raising fresh questions about the staying power of the $ZEC rally that drew investors in earlier this year.
The slide follows a brief but striking surge in institutional appetite. ZCSH launched on NYSE Arca on August 25, 2026, converted from the existing Grayscale Zcash Trust, becoming the first listed spot ETF in the United States to offer direct exposure to ZEC tokens. By mid-September, cumulative net inflows had reached $271M, with the busiest week ending September 18 drawing in $98.2M alone.
The reversal has been swift. On September 30, the fund recorded a single-day redemption of $30.25M, followed by another $26.93M leaving on October 2. Assets under management, which peaked at roughly $915M to $979M in September, had fallen to around $751M by early October.
Supply Stake Intact, but Selling Pressure BuildsDespite the outflows, @Grayscale's fund still holds 3.27% of $ZEC's total circulating supply, meaning its redemption activity carries real market weight. As a spot ETF, ZCSH holds actual ZEC coins behind its shares. When selling outpaces buying, the fund must redeem shares, prompting Grayscale to sell some of its ZEC to pay investors cashing out. This selling pressure can affect ZEC's price because each coin the fund sells increases the supply available on exchanges.
The persistent redemptions followed the fund's 3-for-1 stock split, which coincided with a fresh wave of institutional selling pressure. $ZEC has slipped more than 22% from last month's high of $1,689. For ETF holders, there are plausible reasons to sell: after reaching around $1,698 in late September, investors who bought in during the uptrend may simply be choosing to lock in gains.
For Grayscale, the picture is mixed rather than dire. The fund still holds around $751M in assets and remains net positive at $212.56M in cumulative inflows since launch. Whether demand stabilises or continues to erode will likely depend on broader sentiment toward privacy-focused assets and whether $ZEC can reclaim lost ground.
Sources:
Crypto Briefing: Grayscale's Zcash ETF sheds $93.56 million in a single week
Invezz: Zcash gets a new ETF filing as Grayscale bleeds $105M
24/7 Wall St: Zcash ETFs Have Lost $59 Million in October
10 October 2026 | 09:06 Zcash developers are targeting January for tools that could protect transparent ZEC payments against future key-recovery attacks without making wallet activity easier to trace today.
Key Takeaways Zcash developers are targeting January for post-quantum signature tools. The work focuses on transparent addresses and public payments. Fresh addresses can reduce repeated public-key exposure. Private wallet lookups aim to prevent address linking. January’s target focuses on transparent ZEC Zakura, the team developing Zcash infrastructure, says it plans for post-quantum signature opcodes to land in January. The proposal centres on transparent payments, where addresses, amounts and transaction history remain visible on the blockchain and where most circulating ZEC is currently held.
A new engineering post describes a wallet design that combines those signatures with rotating transparent addresses and private information retrieval, known as PIR. The components tackle a future cryptographic risk while addressing a privacy weakness that would otherwise appear when wallets begin using many fresh addresses.
Transparent Zcash addresses initially contain a hash of a public key. The public key itself becomes visible when the address spends, allowing the network to verify the payment signature. If future technology made it possible to recover a private key from that public key, any funds left at the same address, or sent there later, could face greater exposure.
Fresh addresses keep later funds behind a new key Address rotation gives a wallet a way to reduce that repeated exposure. After an address spends, the wallet can move its remaining balance to a newly derived address. That new address is tied to a different public key, whose hash remains visible while the key itself remains undisclosed.
The approach does not require someone to open a new wallet or record another recovery phrase after every payment. A standard wallet seed can derive a sequence of separate addresses and key pairs, allowing the software to create new receiving and change addresses from one existing backup.
That separation also depends on protecting the wallet’s extended public-key and viewing information. Those records can reveal more about a wallet’s address structure than an ordinary transaction, weakening the benefit of keeping each public key separate.
Wallet lookups can reveal the links that the blockchain does not Generating new addresses creates a practical problem: the wallet still needs to find incoming payments, track funds it has spent and rebuild history after a recovery. A normal light wallet may ask a server for activity associated with address A, then B, then C.
Those addresses can appear unrelated on the blockchain, but the server sees the requests arriving from the same wallet. It can therefore connect the addresses even when the public ledger alone does not provide that link.
Zakura proposes PIR to avoid that leak. The wallet retrieves the record it needs from a server without revealing which record it selected. It can also download compact public activity filters, check them locally for possible matches, and make a private request only when a block range may contain relevant history.
Fresh addresses
Keep later funds behind public keys that have not yet been revealed by an earlier spend.
Hash-based signatures
Create the proposed post-quantum path for authorizing transparent payments.
Private information retrieval
Lets the wallet search for its history without identifying its addresses to the server.
Transparent payment data would remain public on the Zcash blockchain. PIR narrows the extra information exposed when a wallet asks a service to monitor several addresses, preserving the purpose of rotating them in the first place.
The proposal addresses a long-term risk, not a current emergency The design speaks to the same concern raised in Europol’s warning about exposed wallet keys. A sufficiently capable future attacker could target a public key that has appeared on-chain, making older address-reuse habits less safe than they are today.
Neither Europol nor Zakura says that a practical quantum attack is currently available. The challenge is preparing wallet software, infrastructure providers and users before a cryptographic migration becomes urgent.
What remains visible and unchanged
Transparent transaction details remain public on-chain. Privacy still depends on wallet behaviour and the services a user connects to. The announcement introduces no ZEC swap, wallet migration or new recovery phrase. Private queries arrive before the signature goal Zakura says the PIR component is reaching its Vizor wallet first. Users can test the experimental feature by enabling “Private queries” in the wallet settings, giving the team a way to evaluate how private history retrieval works before the wider signature changes arrive.
The January milestone concerns the post-quantum signature opcodes for transparent pools. Wallets and services will still need to support the updated payment flow, so the date is a development target rather than a guarantee that every transparent Zcash wallet will receive the protection at once.
Zcash is preparing the wallet layer early The usefulness of the plan lies in pairing stronger payment authorization with the wallet infrastructure needed to use it privately. Fresh addresses can reduce future public-key exposure, while PIR can keep the resulting address set from becoming a readable map of one user’s funds.
That is the practical goal behind Zcash’s January work: prepare transparent wallets for a future cryptographic threat without creating a new privacy problem in the process.
This article is for informational purposes only and does not constitute investment, security or technical advice. The January timing is a development target and may change as the work progresses.
Author
Alexander Zdravkov is a market analyst and crypto journalist with interests in economics, broader financial markets and digital assets. His journey into crypto began more than four years ago, driven by a fascination with the rapid evolution of blockchain technology and the transformative potential of decentralized finance. He began analyzing market cycles and identifying emerging trends before they reach the mainstream. He holds a degree in International Relations - a background that helped shape his broader perspective on global economics, geopolitics, and the interconnected nature of modern financial markets. Whether covering the latest developments in the crypto sector or exploring broader macroeconomic themes, Alexander focuses on giving readers context rather than simply repeating headlines. During his career, he has authored more than 5,000 articles covering cryptocurrencies, traditional finance, and global market developments. His work spans everything from Bitcoin and altcoins to macroeconomic trends influencing risk assets worldwide.
THORSday Community Podcast #241 ft. CBarraford, KentonC137 & patriotsounds | October 8, 2026 | Watch the full episode on YouTube
By Raynalytics
TL;DRChad Barraford used the show to respond to the recent Unchained interview, arguing that discussions of THORChain governance need to distinguish between a minority that can halt activity and the supermajority required to authorize it.Rev-Share is now live with SwapKit. The first credited $25,000 $USDC-to-$BTC trade arrived during the show, beginning a trial intended to win incremental routing without subsidising existing flow.v3.21 has been cut and is in stagenet testing. Monero-related churn edge cases could mean some $XMR work moves to v3.21.1, rather than delaying every other part of the release.Chad described a narrowly scoped AI workflow for tests and performance work. Two draft pull requests tested the THORNode code at roughly 3x faster, while replaying real blocks to check that state does not change.The active set reached 111 nodes during the episode. The team also highlighted RAVN native $BTC delivery, and continued protocol-owned liquidity accumulation.The episode was a dense status check, but its through-line was the difference between what THORChain is testing, what is live, and what still needs proof. Chad opened with a debrief of the Unchained interview, then the conversation turned to a live Rev-Share pilot, the remaining work before $XMR can join the protocol, and a more experimental use of AI in development.
That distinction matters. A new incentive programme is not yet evidence that it will create durable volume. A stagenet release is not a mainnet launch. And AI-assisted code work is not autonomous protocol control. The hosts were clear about those boundaries even as they made the case for moving faster.
1. Chad's Unchained Debrief Focused on Consensus ThresholdsChad used the opening of the episode to respond to questions raised in the recent Unchained interview about THORChain's governance, censorship resistance, and the security implications of its node set. His central argument was that the discussion needs to separate two different thresholds: a minority of 1/3 + 1 can stop activity, while a 2/3 + 1 supermajority is required to authorize protocol action.
That distinction is not a claim that a halt is painless. The hosts described it as a protective power that can freeze the system when something is wrong, not a tool for redirecting funds. Chad argued that an operator acting against its bond providers would face economic consequences, because providers can unbond and move to another operator. Kenton added that many operators manage bonds for multiple providers, rather than controlling all bonded $RUNE themselves.
"Every blockchain in the world can change anything they want with consensus." (Chad)The group compared this tradeoff with proof-of-work and proof-of-stake systems more broadly. Their point was not that every chain has the same implementation, but that no consensus system removes the need to consider who can halt, who can coordinate, and what economic incentives restrain them.
The conversation also returned to the question of selective censorship. Chad argued that freezing a pool based on a percentage of suspicious volume creates no clear rule for when to reopen it, while the hosts said cross-chain infrastructure needs limited safety controls for events such as external-chain failures. These are the team's positions, not settled answers to every governance question, but they explain the reasoning they took into the interview.
https://raynalytics.net/dashboards/rev-share2. Rev-Share Is Live, With New Flow as the TestThe concrete product update was Rev-Share. During the show, the hosts said the first eligible $25,000 $USDC-to-$BTC trade had arrived through SwapKit, after the programme was enabled on both sides. The purpose is not simply to rebate an existing integrator. It is to use a share of fees to improve selected quotes and make THORChain more likely to win routing it would otherwise miss.
Chad pointed listeners to Raynalytics's SwapKit Revenue Share dashboard, where the credit ledger, routed volume, wallet mix, and liquidity fees can be monitored as the pilot develops. The episode's framing was deliberately empirical: give the data time, then decide whether the arrangement is creating profitable incremental volume.
"If it doesn't work for both of us, we ain't doing it at all." (Chad)The hosts also discussed Rev-Share as a possible business-development tool for future wallet and interface integrations. Rather than paying a flat Treasury grant before a partner sends volume, a limited fee share could reward a wallet only as it brings traffic. Kenton used large-wallet integration incentives as an example, while stressing that any allocation remains subject to node governance.
The economics are simple in principle but unproven in practice: a programme can share a large portion of fees from a new route and still improve protocol income if the alternative was no routed volume at all. What matters now is whether the pilot produces that new flow, not whether the mechanism sounds attractive on paper.
3. v3.21 Is Testing, While $XMR Churn Work ContinuesChad said v3.21 has been cut and is being tested on stagenet. The release includes work to re-enable memoless transactions with a dynamic registration cost: as a coin's available memo space fills, registering another entry becomes progressively more expensive. The intent is to make spam costly without relying on a fixed price that can become ineffective.
The main uncertainty is $XMR. The team has encountered churn edge cases in its Monero integration, and Chad said some patches may need to move to v3.21.1 if they cannot be reviewed, merged, and tested in time for v3.21. That is a release-management decision, not an abandonment of the integration. The discussion repeatedly kept $XMR in a pre-mainnet, work-in-progress state.
"We might not be able to get all the Monero patches in for v3.21." (Chad)This follows the liquidity-first approach outlined in the previous podcast recap. A technical release alone would not make a useful $XMR market. Chad said CakeWallet is expected to support THORChain at launch, based on an earlier team conversation, while other wallet support remains an active integration question.
For a transparent release view, the hosts highlighted devops.thorchain.org, which tracks work items and release activity. It is the better source for status than treating a podcast target as a fixed delivery date.
4. AI Is Being Scoped to Tests and Verified Performance WorkChad's most forward-looking update was not an AI agent writing new protocol features unchecked. He described a narrower effort to use AI for two areas where output can be measured: expanding test coverage and finding performance improvements that preserve existing behaviour.
The testing side would add unit, integration, regression, and fuzz tests. The performance side asks an AI system to make a function run faster without changing what the protocol does. Chad said two draft pull requests, produced over a few days, had tested THORNode at roughly 3x faster when combined.
"We can verify its correctness." (Chad)The verification method is the important constraint. The process replays thousands of real mainnet blocks locally and compares each resulting app hash, effectively checking that the protocol state is identical even if execution is faster. Chad said the pull requests still require human approval. He also noted that faster execution does not automatically change the roughly six-second block interval, though it could reduce resource requirements and make erratic block times less likely.
He referred to the broader idea as recursive improvement, not literal recursive self-improvement. Whether this work eventually lives inside Huginn or a separate tool is still undecided. For now, the proposal is an assistive development loop with deterministic checks, not a transfer of governance or deployment authority to an AI system.
5. The Network Added Nodes, Routing and Protocol-Owned LiquidityThe show also captured several live ecosystem updates. After a churn, the active set had grown to 111 nodes. The hosts said it was at least close to the largest active set they had seen, and noted that some operators had waited in standby through months when the protocol could not churn normally.
On routing, RAVN had gone live with native $BTC delivery from Ethereum, Base, BNB Chain, and Avalanche through THORChain. The point is not wrapped Bitcoin exposure. The announced route delivers native $BTC at the destination, extending the set of interfaces that can access THORChain liquidity.
The group also discussed protocol-owned liquidity. They said a deposit of roughly 1 million $RUNE was imminent, which would put protocol-owned liquidity at about 1% per pool. According to the speakers, those positions had already earned about $100,000 in fees. The next question is how the system behaves as new pools, including a future $XMR pool, gain depth and volume.
"We still only need 5% of the market." (Kenton)Those updates do not erase the open questions from earlier in the episode. Rev-Share still needs volume data. $XMR still needs completed churn work and liquidity. But the snapshot was of a protocol adding capacity and connections while it tests the economic and technical assumptions behind them.
What to WatchWhether the SwapKit Rev-Share dashboard shows sustained incremental routed volume, fee generation, and new-wallet activity after the pilot's initial trades.Whether the remaining Monero churn edge cases can be resolved in v3.21, or move cleanly into v3.21.1 without changing the integration's careful launch posture.Whether the new memoless pricing model deters registration spam without creating material friction for ordinary users.Whether AI-assisted testing and performance work continues to pass app-hash replay checks before human review and merge.Whether the active-set growth, RAVN routing, and protocol-owned liquidity provide the deeper distribution and market capacity the team expects.More THORChain data, check out raynalytics.net
Follow Raynalytics for more Weekly Analytics and Podcast recaps.
Apple places a 30% additional order for iPhone Duo, while the total volume of the iPhone 18 Pro series remains unchanged.
According to sources from Apple's supply chain, the tech giant is making structural adjustments to its 2026 fall new iPhone orders: it has placed an additional 30% order for the iPhone Duo, though the total volume still remains below 10 million units; it has cut orders for the iPhone 18 Pro by 10% to 15%, while increasing orders for the iPhone 18 Pro Max by 10% to 15%, leaving the total order volume for the entire iPhone 18 Pro series unchanged. An Apple supply chain source said, "This means sales are shifting toward higher-value products, which is overall positive for the performance of Apple's supply chain companies."
1 seconds ago
A crypto whale adds to HYPE buy orders, with planned buy-the-dip positions totaling $10.8 million.
According to TradingBeats monitoring, a crypto whale has added 7 new limit buy orders for HYPE at prices ranging from $64.099 to $77.93, totaling roughly $2.52 million. Combined with orders placed on October 8 that are still active, the account holds a total of 30 buy orders spanning $61.26 to $81.94, with a combined value of approximately $10.828 million. The account currently has no open positions. HYPE is trading at around $84.22 at press time, and its highest buy order price of $81.94 is roughly 2.7% lower than the current spot price; order amounts are distributed across the entire price range.
1 seconds ago
Claude Code Projects has fully lifted its waitlist, enabling Pro and Max users who were on the waitlist to now use the service.
Beating AI Express (Insight) – Anthropic announced that all waitlisted Pro and Max tier users who applied for Claude Code Projects have now been granted testing access. The feature launched in September, initially available only to a small subset of users. While its scope has expanded, it remains in Beta testing and is not yet fully open to all paid subscribers. Claude Code Projects functions as a project management agent: users only need to submit requests, and it automatically splits tasks and assigns them to multiple concurrent Claude Code sessions. Each session independently writes code, runs tests, submits pull requests (PRs), and reports back to the manager, eliminating the need for users to assign tasks or track progress manually. These sessions share project data and memory, run on the cloud by default, and can continue operating even when the user’s computer is powered off. For tasks requiring local files or software, users can also designate execution on their own device.
1 seconds ago
Supermicro contractor pleads guilty; $2.5 billion server order tied to smuggling case.
Beating AI Express News: Ting-Wei Sun, a former contractor of Supermicro, has pleaded guilty in a New York federal court in the U.S. He was involved in illegally diverting servers equipped with NVIDIA high-end AI chips to China, admitting to four charges: conspiracy to violate export controls, conspiracy to smuggle, conspiracy to defraud the U.S. government, and obstruction of justice. Previously, U.S. prosecutors indicted three people total. Besides Sun, the defendants include Supermicro co-founder Yih-Shyan Liaw and Ruei-Tsang Chang, general manager of the company’s Taiwan office. The U.S. Department of Justice (DOJ) disclosed earlier that between 2024 and 2025, a Southeast Asian middleman purchased approximately $2.5 billion worth of equipment from the involved U.S. server manufacturer. Prosecutors allege that at least $510 million worth of these servers were illegally diverted to China in just a few weeks in 2025. The involved servers were typically first shipped via Taiwan to Southeast Asia, then repackaged and sent to China. To evade inspections, the suspects placed thousands of non-functional dummy servers in warehouses and used hair dryers to remove labels and serial numbers. Prosecutors said Sun participated in arranging the dummy servers and made false statements during inspections by the U.S. Department of Commerce. Supermicro was not named as a defendant in the case and has cut ties with the three involved individuals. An independent investigation released by the company in August found no evidence that current executives were aware of the smuggling scheme.
1 seconds ago
Two addresses went long on 7.2 million SYN on Aster DEX, posting an unrealized profit of $450,000.
According to Lookonchain’s monitoring, two wallet addresses have opened long positions for SYN on Aster DEX, holding a total of roughly 7.2 million SYN tokens worth approximately $1.34 million. The combined unrealized profit of the two addresses stands at around $450,000, with the highest return on investment reaching 116%.
Chainlink has unveiled its CCIP Vault Adapters, an infrastructure update allowing decentralized finance (DeFi) vault providers to accept deposits from more than 80 blockchain networks while operating their investment strategies and accounting on a single network. Leading DeFi platforms Aave, Lombard, and Maple have already integrated the new solution, Chainlink reported.
Streamlining Cross-Chain Deposits in DeFiThe CCIP Vault Adapters are designed to resolve longstanding obstacles in cross-chain DeFi by letting users deposit assets from varied blockchains into vaults that manage their strategies on just one chain. This helps users who store assets across multiple networks participate in single-chain vault strategies without the need to migrate funds manually.
Chainlink is a blockchain oracle network focused on providing real-world data to smart contracts and enabling interoperability across networks. CCIP, or Cross-Chain Interoperability Protocol, is its mechanism for securely moving value and instructions between blockchain environments.
Chainlink stated that Aave, Lombard, and Maple’s adoption of the adapters demonstrates immediate industry interest, potentially enhancing access and efficiency for existing DeFi participants.
The launch aims to unlock greater participation in DeFi vaults by addressing a critical technical challenge—enabling seamless deposits from different networks without duplicating strategy and accounting functions across each one.
Mini dictionary: CCIP (Cross-Chain Interoperability Protocol) is a technical framework developed by Chainlink to enable secure and programmable transfer of data, tokens, and instructions across multiple blockchain networks. It is designed to link both public and private blockchains without relying on third-party bridges.
Industry Adoption and Future ImpactVault providers such as Aave, Lombard, and Maple have already integrated the new infrastructure. Their early participation could accelerate adoption among a broad section of DeFi users. However, the long-term impact of the adapters will depend on real-world integration and ongoing cross-chain usage.
Chainlink’s ability to reinforce its interoperability position depends on how actively CCIP Vault Adapters are used. While integration represents progress, widespread adoption and transaction volumes will determine their influence on the DeFi landscape.
An important aspect to watch is whether increased CCIP usage translates into higher value or demand for the LINK token, which will vary according to the protocol’s implementation model and pricing mechanisms.
LINK Price: Resistance and Analyst PerspectiveMarket analyst MstrTranquility identified $14.50 to $15 as a crucial resistance range for LINK’s price. After a bullish shift known as a Change of Character (CHoCH), momentum could drive LINK toward $16.50 if it breaks above this resistance. Failing to surpass the zone may lead to continued sideways movement or a further sell-off.
Resistance ZonePotential Breakout Target$14.50–$15$16.50If a breakout is sustained above $15, analysts believe there could be additional upside. However, the $16.50 level is seen as a near-term target for traders rather than a definitive goal for LINK’s next move.
Price sits at the $14.5–$15 resistance, and a clear breakout through this area could open the door to $16.5, though another rejection at resistance remains possible.
The upcoming price direction for LINK will largely depend on how it reacts to this resistance and whether Chainlink’s fundamental developments, such as the CCIP Vault Adapters, can support renewed buyer activity.
Ultimately, Chainlink’s infrastructure update extends its role in cross-chain DeFi, but the market will be watching whether increased utility can drive LINK’s price decisively above established resistance levels.
2 New Wallets Withdraw 280.75M $龙虾 ($12.21M) From Exchanges in 3 Days
2 newly created wallets (0x4d28 and 0x5a42) withdrew 280.75M $龙虾 ($12.21M) from exchanges over the past 3 days, 28.08% of the total supply.
11 minutes ago
Supermicro contractor pleads guilty; $2.5 billion server order tied to smuggling case.
Beating AI Express News: Ting-Wei Sun, a former contractor of Supermicro, has pleaded guilty in a New York federal court in the U.S. He was involved in illegally diverting servers equipped with NVIDIA high-end AI chips to China, admitting to four charges: conspiracy to violate export controls, conspiracy to smuggle, conspiracy to defraud the U.S. government, and obstruction of justice. Previously, U.S. prosecutors indicted three people total. Besides Sun, the defendants include Supermicro co-founder Yih-Shyan Liaw and Ruei-Tsang Chang, general manager of the company’s Taiwan office. The U.S. Department of Justice (DOJ) disclosed earlier that between 2024 and 2025, a Southeast Asian middleman purchased approximately $2.5 billion worth of equipment from the involved U.S. server manufacturer. Prosecutors allege that at least $510 million worth of these servers were illegally diverted to China in just a few weeks in 2025. The involved servers were typically first shipped via Taiwan to Southeast Asia, then repackaged and sent to China. To evade inspections, the suspects placed thousands of non-functional dummy servers in warehouses and used hair dryers to remove labels and serial numbers. Prosecutors said Sun participated in arranging the dummy servers and made false statements during inspections by the U.S. Department of Commerce. Supermicro was not named as a defendant in the case and has cut ties with the three involved individuals. An independent investigation released by the company in August found no evidence that current executives were aware of the smuggling scheme.
11 minutes ago
Two addresses went long on 7.2 million SYN on Aster DEX, posting an unrealized profit of $450,000.
According to Lookonchain’s monitoring, two wallet addresses have opened long positions for SYN on Aster DEX, holding a total of roughly 7.2 million SYN tokens worth approximately $1.34 million. The combined unrealized profit of the two addresses stands at around $450,000, with the highest return on investment reaching 116%.
11 minutes ago
Two wallets opened longs on 7.2M $SYN ($1.34M) on @Aster_DEX and now sit on $450K in unrealized profit, with returns up to 116%.
Two wallets opened longs on 7.2M $SYN ($1.34M) on @Aster_DEX and now sit on $450K in unrealized profit, with returns up to 116%.
11 minutes ago
Two wallets turn $1.34M $SYN long into $450K unrealized profit on Aster DEX, 116% returns
Two wallets opened longs on 7.2M $SYN ($1.34M) on @Aster_DEX and now sit on $450K in unrealized profit, with returns up to 116%.
11 minutes ago
Prime Agent has assembled 2,200 Agents to rewrite its own system, delivering a 13x faster startup speed.
Beating AI News (Dongcha) reports that Prime Intellect has released the Rust version of its open-source AI coding tool Prime Agent. Over two weeks, the project orchestrated more than 2,200 agents to rewrite its own codebase from TypeScript to Rust, leveraging over 10,000 isolated sandboxes and consuming more than 200 billion tokens via the GLM-5.3 inference service. The workflow uses a lead orchestrator agent to break down tasks and prioritize them, with other agents handling planning, coding, review, and validation respectively. New code is cross-checked against the old version to verify UI display, session logs, and model requests; changes that fail review or testing are sent back for revision. The lead orchestrator agent does not write product code itself. Tests released by Prime Intellect show the new version’s cold start time (from launch to ready for input) dropped from ~738ms to 56ms, a roughly 13x speedup. Startup memory usage fell from ~607MB to 106MB, an 83% reduction. The new version also adds Windows beta support, with the code now open-sourced on GitHub. However, automated testing did not catch all issues. In the coming weeks, the team will continue to have AI fix bugs, complete features, and optimize performance, while human engineers will identify problems, guide revisions, and review results.
The crypto market has witnessed massive selling pressure over the past three days. Amid this intense downside pressure, some long-term Ondo [ONDO] whales are capitulating and exiting the market.
A whale offloads ONDO worth $4.4M According to on-chain monitor Nazoku, a long-term ONDO investor, mcaavebank.eth, sold 9 million ONDO worth $4.4 million.
The sale was executed after five months of providing liquidity on Uniswap. The investor’s decision to exit during a downward trend reflected fear.
Source: CoinGlass Notably, the exchange flows also reflect this sell-side activity. ONDO’s Spot Netflow turned positive after being negative for four consecutive days.
On the 9th of October, Spot Netflow rose to $810k, reversing from the -$6 million recorded on the previous day, indicating that more funds flowed into exchanges.
Private markets offer a lifeline Interestingly, while the broader market mostly declined, ONDO was an exception. After falling to $0.43, the altcoin rebounded, closing at $0.47 on the 8th of October.
On the next day, ONDO showed relative strength, rising to a daily high of $0.49, thus defying the broader bearish trend.
The altcoin extended its bullish trend after Ondo Finance launched its 24/7 Private Markets. Ondo Private Markets offers tokenized exposure to private companies before they go public. Ondo Finance stated that these markets seek to address the existing gap between retail and institutional investors.
Most importantly, these funds offer investors access to companies across various sectors. Such firms include AI, robotics, cybersecurity, biotech, infrastructure, and more.
This narrative appears to have supported the altcoin’s price action over the past day and may have helped the altcoin avoid the recent sell-off.
What ONDO’s momentum indicators say Although the altcoin made some gains, with buyers making modest purchases, the broader trend showed bearish bias.
The Relative Strength Index (RSI), for example, rose to 56, but remained below the RSI-based MA as of writing. This setup suggested that the buying response was not enough to confirm a trend reversal, while sellers may still have the upper hand.
Source: TradingView The True Strength Index (TSI) also supports this view, having fallen to 15. A falling TSI, alongside an RSI that remains below its RSI-based MA, indicated a weak upside momentum.
Under these circumstances, a bullish shift in momentum would help confirm a potential trend reversal. If buying pressure strengthens, ONDO could reclaim $0.50 and target $0.53.
However, given the broader downward bias, if the recent buying response fails to reverse the trend, ONDO could drop to $0.42.
Final summary A long-term ONDO investor, mcaavebank.eth, sold 9 million ONDO worth $4.4 million after offering liquidity on Uniswap for 5 months The altcoin rebounded from a $0.43 slip as Ondo Finance launched its private markets, offering exposure to retail investors to private companies.
As first flagged by @MSBIntel, @RobinhoodCrypto Chain is now fully live on @NEARProtocol's @near_intents, opening up bridgeless cross-chain swapping for Robinhood users across a wide range of assets and networks.
What the Integration Does Specifically,
The integration runs through NEAR Intents' 1Click Swap API.
How NEAR Intents WorksFor those unfamiliar, NEAR Intents takes a different approach to cross-chain trading than traditional bridges.
The Robinhood Chain addition is the latest in a string of NEAR Intents integrations in 2026,
Sources:
Crypto Briefing: Robinhood Chain plugs into NEAR Intents for swaps across 180+ assets
Token Post: NEAR Intents Adds Robinhood Chain With Six Supported Assets
CoinMarketCap: NEAR Surges 5.83% on Robinhood Integration and AI Narrative
AVAX Spot ETFs Post Strongest Inflow Day Since AprilSpot Avalanche ($AVAX) ETFs recorded their largest single-day net inflow since April on October 8, pulling in $2.52 million. The move marks a notable shift in momentum for a product suite that had spent much of the summer and early autumn struggling to attract meaningful capital.
Three regulated spot AVAX products are currently available to U.S. investors: VanEck's VAVX, listed on Nasdaq; Grayscale's GAVA; and Bitwise's BAVA, which launched on the New York Stock Exchange in April 2026.
ETFs Now Hold 1.26% of Circulating AVAX SupplyCollectively, the three spot products hold 1.26% of AVAX's current circulating supply, according to SoSoValue data. That share of supply locked inside regulated wrappers is modest in absolute terms but carries supply-side implications, particularly given that a portion of those holdings is actively staked.
Staked tokens are temporarily removed from liquid supply, which could act as a mild tailwind for price if demand continues to build.
The October 8 inflow figure stands out because it arrives after an extended period of subdued activity. The jump to $2.52 million just one week later therefore represents a meaningful acceleration, even if it is still far below the flows seen in Bitcoin-focused products.
Whether the October 8 print marks the start of a sustained trend or a one-day spike will depend on broader market conditions and continued institutional interest in AVAX as an asset. Avalanche's underlying network continues to expand. Strong on-chain fundamentals combined with renewed ETF demand could set the stage for a more constructive October for $AVAX.
Sources:
SoSoValue: US AVAX Spot ETF Dashboard
CoinLaw: Avalanche (AVAX) Statistics 2026
The Defiant: VanEck Launches First U.S.-Listed Avalanche ETF
Solana’s token holders are getting paid again. According to analytics from Blockworks, daily token holder net income on the network has stayed above $400,000 for two straight weeks.
That streak follows three weeks of decline.
What the number actually measures Blockworks starts with a metric called Real Economic Value, or REV. It captures what users pay to use the network, including transaction fees and tips.
From there, Blockworks subtracts operator payments, meaning the costs tied to validators and the operators who run the network’s infrastructure. The formula is simple: Token Holder Net Income = REV minus Operator Payments.
What’s left is the return flowing to SOL holders, both those who stake their tokens and those who don’t.
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The quarterly picture is messier Zoom out, and the story gets less tidy. Blockworks’ quarterly figures show just how much Solana’s holder economics can swing.
During strong stretches of network activity in 2025, quarterly token holder income landed somewhere between $50 million and $100 million.
Q2 2026 looked very different. Token holder income for that quarter came in at approximately -$3.5 million, according to Blockworks data.
Why Blockworks’ framing matters Blockworks has built dashboards that track Solana’s financials in this income-statement style, covering both daily earnings and quarterly results. The approach treats a blockchain less like a tech project and more like a business with revenue, costs, and margins.
What this means for SOL holders Two weeks above $400,000 a day suggests user activity has picked back up, and that the network is generating more value than it spends on operators.
For stakers in particular, this is the metric that connects network usage to their returns.
Still, quarterly results remain well below the $50 million to $100 million range Solana posted during its stronger 2025 periods. And the Q2 2026 loss is a fresh reminder that this number can turn negative when conditions sour.
There are two levers worth watching. The first is demand: whether transaction fees and tips keep climbing as users return. The second is cost: whether operator payments to validators and infrastructure providers stay in check, or grow faster than revenue.
Solana has positioned itself as a high-throughput, low-fee chain. Low fees attract users, but they also mean the network needs a lot of activity to generate meaningful revenue for holders. The swings in Blockworks’ data reflect that trade-off in real time.
Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.
Token holder net income for the Solana network has surpassed $400,000 for a continuous two-week period, according to data from @SolanaFloor. This comes after a previous three-week decline, indicating a potential turnaround in the network’s financial performance. The Solana token (SOL) has been in the $109 to $111 range, reflecting a stable phase in its market activity. The increase in net income is seen as a sign of resilience in the Solana ecosystem, which has been experiencing fluctuations in network economics and market sentiment.
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Market participants appear to interpret these developments as supportive of a positive outlook for Solana’s future price movements. Current pricing in prediction markets suggests cautious optimism regarding Solana’s potential to reach higher price thresholds by the end of October. However, the market remains vigilant due to the influence of external factors such as regulatory developments and network performance metrics.
Key Takeaways Market activity appears consistent with YES outcome support regarding Solana’s potential to maintain a positive trend due to the reported increase in net income. Prediction markets have shown a slight increase in optimism regarding Solana’s price reaching higher levels by the end of October 2026. The stability in Solana’s price range appears to indicate a period of consolidation before potential further movements. What to Watch Future developments that could impact Solana’s market dynamics include potential regulatory changes, network performance updates, and broader cryptocurrency market trends. Specific attention should be given to announcements from Solana Labs and any significant changes in decentralized exchange volumes or active addresses. Monitoring these factors will be crucial in assessing whether Solana can sustain its current trajectory and achieve higher price targets.
Term Structure
Contract Odds Δ since publish Volume 24h November 1 2026 1.2% — — View market → November 1 2026 8.5% — — View market → November 1 2026 15% — — View market → November 1 2026 5.1% — — View market → November 1 2026 0.5% — — View market → November 1 2026 1.2% — — View market → November 1 2026 2.2% — — View market →
Tether restored access to $1.45 million in USDT across four THORChain vaults. Tron-related operations resumed after a roughly three-hour interruption. The cause remains unexplained, with 19 other addresses reportedly still blacklisted. Tether has lifted a temporary freeze on approximately 1.45 million USDT, worth about $1.45 million, held across four THORChain vaults on Tron, ending a disruption that prevented the cross-chain protocol from processing affected transactions.
The restrictions lasted roughly three hours before being reversed on October 9. THORChain subsequently restored its affected trading and liquidity operations, with no reported loss of funds.
The incident nevertheless exposed a vulnerability in decentralized trading infrastructure: a protocol can retain control of its wallets and maintain sufficient liquidity while losing the ability to transfer a centrally issued asset.
Tether has not publicly explained why the vaults were blacklisted or what prompted their release.
Four Vaults Frozen, Then Released The incident affected four of THORChain’s six Tron vaults, collectively holding approximately 1.45 million USDT.
Because the restricted addresses could not send USDT, THORChain suspended affected swaps, liquidity-provider operations and outbound signing to prevent transactions from entering routes that could not settle normally.
THORChain technical co-founder Chad Barraford reported the restrictions publicly, saying the team had received no advance warning and was attempting to contact Tether for clarification.
UPDATE: It appears @tether has unfrozen THORChain addresses. Trading/etc will resume soon
— Chad Barraford (@CBarraford) October 9, 2026
Barraford later confirmed that the addresses had been released, allowing operations to resume.
The reversal occurred around 15:30 UTC, with reported blacklist-removal events recorded within seconds of one another.
The relevant activity can be examined through the Tron USDT contract’s event records. The event feed provides a route to inspect blacklist changes, although the four individual vault transactions have not been independently matched here.
The freeze was part of a wider set of restrictions. Another 19 addresses reportedly remained blacklisted after THORChain’s vaults were released.
There is no confirmed public evidence establishing whether the protocol’s inclusion was intentional, related to a compliance investigation or the result of an administrative error.
Why Available Liquidity Could Not Settle a Swap THORChain’s architecture is designed to support exchanges between assets on different blockchains without requiring a centralized exchange to custody the transaction.
Its vault infrastructure uses threshold signature schemes, distributing transaction authorization among validators rather than giving a single operator control of the funds.
But authorization from the vault is only one requirement when the asset being transferred is USDT.
On Tron, USDT is issued through the smart contract at:
TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t The contract includes administrative blacklist functionality. When an address is restricted, the token contract can prevent outgoing USDT transfers even if the address has enough funds and its transaction is otherwise correctly signed.
Consider a user exchanging Bitcoin for 5,000 USDT through THORChain.
The user sends BTC into the swap process, and the protocol prepares an outbound USDT payment from a Tron vault.
If that vault has been blacklisted, its USDT transfer cannot complete normally. The protocol may still recognize the vault’s balance, but the balance is no longer immediately usable for settlement.
This creates a different failure scenario from a conventional liquidity shortage.
The assets have not necessarily disappeared, and the validators have not necessarily malfunctioned. Instead, the token’s transfer rules have changed for a particular address.
The operational consequences can extend beyond the value of the restricted wallet. When a vault participates in multiple transactions, losing access to its tokens can affect the availability of an entire trading route.
That makes transferability, not merely the recorded asset balance, an important measure of usable liquidity.
Can THORChain Prevent a Similar Interruption? THORChain already maintains mechanisms for suspending individual chains or specific operations during security incidents.
Its developer documentation describes controls for trading, outbound signing and liquidity-provider activity.
For example, a chain-specific trading halt prevents new swaps from being processed, while a signing halt queues outbound transactions rather than broadcasting them.
These mechanisms help contain problems without requiring a shutdown of every blockchain connected to the protocol.
The October 9 incident suggests an additional area for risk monitoring: issuer-controlled token restrictions.
A monitoring system could check whether active vault addresses have been added to a stablecoin blacklist and trigger protective measures before additional transactions are routed through them.
Four operational safeguards would be particularly relevant:
Blacklist detection: Monitor token-contract restriction events affecting active vault addresses. Route protection: Stop quoting or accepting affected swaps when the designated settlement asset cannot be transferred. User visibility: Display chain-specific restrictions and transaction delays clearly in connected wallet interfaces. Verified recovery: Confirm that token transfers are possible before reopening the affected route. These are potential safeguards, not confirmed changes to THORChain’s existing implementation.
The protocol’s current halt architecture provides a foundation for such responses, but detecting a blacklist event does not itself restore access to frozen funds.
That decision remains with the issuer.
A further complication is vault rotation. THORChain periodically changes the validator groups responsible for holding and signing transactions, meaning monitoring must account for newly activated and retiring vault addresses.
Static lists of previously used wallets would be insufficient.
What Tether’s Reversal Still Leaves Unanswered The immediate disruption has ended, but the circumstances surrounding the freeze remain unclear.
Tether’s legal terms describe circumstances in which it may restrict tokens or addresses, including compliance and legal requirements.
Those powers are part of USDT’s operating model. Their existence, however, does not establish why the four THORChain vaults were affected.
Without a public explanation, it is not possible to determine whether the restrictions reflected a compliance action, an address-identification issue or another internal decision.
The incident also raises questions about how quickly protocols can respond when an issuer changes the transfer permissions of assets held in their vaults.
For liquidity providers, the financial exposure is different from the risk of a smart contract exploit.
A token freeze may leave the nominal balance unchanged while temporarily preventing the protocol from using that balance to complete transactions.
That can affect execution, liquidity availability and the time required to process or resolve pending swaps.
The issue is not exclusive to USDT. USDC also includes issuer-controlled restrictions, while other stablecoin models carry different dependencies involving collateral, governance or underlying centralized assets.
Protocol operators therefore face a broader asset-selection problem: liquidity depth and price stability are important, but neither guarantees uninterrupted settlement.
THORChain’s October 9 recovery avoided a prolonged interruption, and the affected funds were not reported stolen. Its next operational challenge is determining whether issuer-level restrictions can be detected and isolated more quickly.
For users, the episode provides a practical reminder that decentralized custody does not necessarily mean every asset in a protocol’s vaults is beyond third-party administrative control.
Tether restored THORChain’s access to the funds. The remaining question is how reliably cross-chain protocols can settle transactions when that access can change without warning.
Alex is a financial markets journalist and co-founder of Millennial Media Group, and he's spent close to ten years trying to answer one stubborn question: what's really driving this? It started in 2016, when Bitcoin refused to make sense to him - and rather than shrug, he stayed with it until it did. That patience became his method. He's less interested in what an asset is doing today than in the plumbing behind it: how liquidity flows, where risk hides, what a chart is quietly telling you that the headline isn't. That lens eventually stretched well past crypto into traditional markets, because the same forces - fear, leverage, incentives, timing - show up everywhere once you know how to look. Most coverage, in his view, insults the reader by stopping at the surface. Price up, price down, moving on. He'd rather leave someone genuinely understanding a move than merely informed that it happened. His path into markets ran through a Tourism degree at New Bulgarian University - proof, maybe, that curiosity beats credentials. With more than 200 deep analyses and over 10,000 articles behind him, he still walks away from most trading days having learned something he didn't know that morning.
Two wallets opened longs on 7.2M $SYN ($1.34M) on @Aster_DEX and now sit on $450K in unrealized profit, with returns up to 116%.
Two wallets opened longs on 7.2M $SYN ($1.34M) on @Aster_DEX and now sit on $450K in unrealized profit, with returns up to 116%.
3 minutes ago
Two wallets turn $1.34M $SYN long into $450K unrealized profit on Aster DEX, 116% returns
Two wallets opened longs on 7.2M $SYN ($1.34M) on @Aster_DEX and now sit on $450K in unrealized profit, with returns up to 116%.
3 minutes ago
Prime Agent has assembled 2,200 Agents to rewrite its own system, delivering a 13x faster startup speed.
Beating AI News (Dongcha) reports that Prime Intellect has released the Rust version of its open-source AI coding tool Prime Agent. Over two weeks, the project orchestrated more than 2,200 agents to rewrite its own codebase from TypeScript to Rust, leveraging over 10,000 isolated sandboxes and consuming more than 200 billion tokens via the GLM-5.3 inference service. The workflow uses a lead orchestrator agent to break down tasks and prioritize them, with other agents handling planning, coding, review, and validation respectively. New code is cross-checked against the old version to verify UI display, session logs, and model requests; changes that fail review or testing are sent back for revision. The lead orchestrator agent does not write product code itself. Tests released by Prime Intellect show the new version’s cold start time (from launch to ready for input) dropped from ~738ms to 56ms, a roughly 13x speedup. Startup memory usage fell from ~607MB to 106MB, an 83% reduction. The new version also adds Windows beta support, with the code now open-sourced on GitHub. However, automated testing did not catch all issues. In the coming weeks, the team will continue to have AI fix bugs, complete features, and optimize performance, while human engineers will identify problems, guide revisions, and review results.
3 minutes ago
Hyperliquid has surpassed $1.4 billion in cumulative protocol revenue, and has spent over $1.26 billion on HYPE token repurchases.
According to an on-chain perpetual contract market research report released by Castle Labs, Hyperliquid’s cumulative protocol revenue has exceeded $1.4 billion, with over $1.26 billion used to repurchase HYPE tokens in the open market. By open interest, Hyperliquid currently holds more than 56% of the on-chain perpetual contract market share. The report also notes that Hyperliquid’s Builder Codes mechanism allows third-party wallets and applications to integrate its trading infrastructure, enabling them to add perpetual contract trading and earn revenue without building their own systems. Among these, Phantom has generated over $25 million in cumulative revenue through this mechanism, while MetaMask’s cumulative revenue exceeds $10.5 million.
3 minutes ago
Hyperliquid is scheduled to undergo a network upgrade at 16:15 today, with an estimated downtime of approximately 10 minutes.
Hyperliquid plans to carry out a network upgrade around 16:15 Beijing Time today, with an estimated downtime of approximately 10 minutes.
3 minutes ago
Bitcoin's annualized volatility has fallen to 46%, but the number of extreme market moves this year has already exceeded that recorded during the 2018 bear market.
As of 2026, Bitcoin has seen 10 trading days with 3-standard-deviation price moves, exceeding the full-year total of 8 such days during the 2018 bear market. While Bitcoin’s annualized volatility has dropped from 84% in 2018 to around 46%, extreme price swings remain frequent relative to its recent volatility levels. A 3-standard-deviation move measures how much a price deviates from its typical recent volatility range. Data shows that the average daily price swing for Bitcoin during these extreme moves this year is roughly 7%, down from about 10% in 2018. Since 2024, Bitcoin’s volatility has stood at approximately 47%, similar to Nvidia’s. Yet over the same period, Bitcoin has recorded 26 trading days with 3-standard-deviation moves—far outpacing Nvidia’s 8, the S&P 500’s 16, and gold’s 12. Market analysts note that macroeconomic shocks, leverage in derivatives markets, and concentrated positions are key drivers of the persistent extreme volatility. When investors heavily sell options betting on market calm, sudden news can trigger mass liquidations of those positions, further amplifying price swings. Deribit CEO Luuk Strijers stated that traditional Value-at-Risk (VaR) models fail to adequately measure tail risks during extreme market conditions, advising investors to focus more on risk metrics like Expected Shortfall. Meanwhile, increased institutional participation, deeper liquidity, and improved risk management have enhanced the market’s ability to absorb shocks, though this does not mean extreme volatility will disappear.
NEAR Protocol (NEAR): Trades near $4.79, below main resistance at $5.60, with $4.35 as key support. RSI in the mid-50s leaves room for a push, but a close above $5.00 is needed first.XRP (XRP): Trades near $1.38, on top of the 200-day average. RSI near 42 and low volume point to indecision, and the $1.33 to $1.40 range decides the next move.Shiba Inu (SHIB): Trades near $0.00000536 after falling below the 200-day average. The 100-day average near $0.00000529 is key support, and SHIB likely stays between $0.00000510 and $0.00000565.Bitcoin (BTC): Trades near $82,949 after bouncing from the 20-day average. The trend remains bullish, with $87,000 as resistance and $80,000 as the first support to watch.NEAR Rally Pauses Below $5.60 ResistanceNEAR trades near $4.79 after a rough few days. The coin ran from about $1.60 in late August to nearly $5.60 in late September, a gain of more than 250%. Since then, price has failed three times to close above $5.60, which makes that level the main ceiling.
NEAR/USDT Chart by TradingViewThe latest red candle was the biggest drop of the move. NEAR fell to $4.44 on high volume, then bounced and is now green. The low touched the 20-day average, which sits near $4.35, and buyers stepped in right there, which is a good sign. A bounce from a rising average often means the trend is still alive. The 50-day average is near $3.67 and the 200-day is near $2.45.
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RSI has cooled from the overbought zone and now sits in the mid-50s. That removes some of the heat from the rally and leaves space for another push. Volume fell on today's bounce, so buyers still need to prove they are back.
The wider picture still favors bulls. Every moving average points up, and they sit in the right order. Price is far above all of them, so a pullback has lots of room before the trend breaks. A close above $5.60 would open a new high. If $4.35 breaks, expect a drop toward $3.80 and then the $3.60 area.
What happens next: The first goal is $5.00. A daily close above it would put $5.60 back in play. Until NEAR closes above $5.00, the price will likely move sideways between $4.35 and $5.60.
XRP Price Tests the 200-Day AverageXRP trades near $1.38 after falling from the $1.50 zone. The coin is now right on top of the 200-day average, the black line near $1.38. This is the most important level on the chart, and how XRP closes here will set the next move.
XRP/USDT Chart by TradingViewThe drop was sharp. A large red candle took price through the 20-day and 50-day averages. A long wick then reached $1.32 before buyers pushed price back up. That wick shows demand near the 100-day average, the orange line around $1.335. Earlier, XRP broke above a falling trend line in September and reached $1.65. That move was strong, but price could not hold above $1.55, and the coin has now given back most of those gains.
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RSI is near 42, which is weak but not oversold. Volume on the latest candles is low. That means sellers are not very aggressive, but buyers are not either.
Above price, several averages bunch up between $1.40 and $1.46, and they will act as resistance. XRP needs a daily close above $1.46 to show real strength. If XRP holds the 200-day line and closes above $1.40, a move to $1.45 and then $1.50 is likely. If the line breaks, the next support is $1.33, followed by the $1.25 area, where price bounced in mid-September. A close below $1.25 would turn the trend bearish.
For now, the $1.33 to $1.40 range decides the next move.
SHIB Sellers Push Price Below the 200-Day LineSHIB trades near $0.00000536 after a sudden sell-off. Price fell from the $0.00000600 area and dropped below the 200-day average, the black line near $0.00000565. That was the main reason for the fall. SHIB could not hold above this line, and sellers took over fast.
SHIB/USDT Chart by TradingViewThe drop stopped at the orange line, the 100-day average near $0.00000529. A long wick went down to $0.00000510, but buyers pushed price back up. Today's candle is green, which shows some demand at this level. The 100-day line is now the key support.
RSI is near 45, which is neutral and slightly weak. Volume on the bounce is low, so buyers are not very confident yet. The drop itself came with higher volume, which gives sellers the edge for now.
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Above price, there is a crowded zone. The 20-day and 50-day averages sit near $0.00000545 to $0.00000548, and the 200-day line is at $0.00000565. These levels will slow any bounce. SHIB needs a daily close above $0.00000565 to show real strength. If SHIB holds $0.00000529 and moves above $0.00000548, a test of $0.00000565 is likely. A close above that line could open the way to $0.00000600.
If $0.00000529 breaks, the next support is $0.00000500, where price bounced in mid-September. A close below $0.00000500 would put the $0.00000470 area in play.
For now, SHIB stays in a tight range between $0.00000510 and $0.00000565.
Healthy Pullback Within an UptrendBitcoin trades near $82,949 after a drop from the $87,000 area. Price fell to $80,300 and then bounced back, closing today in the green. The bounce came right at the 20-day average, the light blue line near $80,700. This is a healthy sign in an uptrend.
The 50-day average is near $79,800, the 100-day is near $75,900, and the 200-day is near $75,200. All the main averages point up, and price is well above all of them, so the trend is not in danger yet.
BTC/USDT Chart by TradingViewRSI is near 45. It cooled down from the high levels seen in August and September, which gives room for another move up without being overheated. The latest drop also came with the highest volume in weeks, so sellers are active.
The bigger picture is still bullish. Since August, BTC has climbed from $63,000 to $87,000. A close above $87,000 would open a path to new highs near $90,000.
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BTC has failed twice to hold above $87,000, and that level is now strong resistance. If $80,000 breaks, the next support is the 50-day average near $79,800, then $77,000. A close below $75,000 would break the 100-day and 200-day lines and turn the trend weak.
The first goal is $85,000. A close above it would put $87,000 back in play. Until $75,000 breaks, buyers hold control, and dips toward $80,000 look like chances to buy.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Shiba Inu has traded 1.34 billion SHIB in new volume over the past 24 hours. Following the market-wide flush, volume jumped after more than $1 billion in leveraged positions were wiped out. Most of this trading activity looks like a reaction to the crash: first forced sellers, then dip buyers. The chart supports this observation.
The descend is fueledSHIB went from $0.00000580 to $0.00000534 in two days, with the heaviest trading volume of the week appearing in a red candle. The price reached a low of $0.00000510 on Thursday and then began to recover. The long lower wick shows that buyers stepped in near the bottom. SHIB is currently trading at $0.00000534, right on the orange average of $0.00000529.
SHIB/USDT Chart by TradingViewSupport is key in this instance. The most recent daily candle is green, showing that it held. Volume on the bounce has been small so far, which indicates that the recovery is not yet confirmed. A cluster of moving averages near $0.00000545 to $0.00000549, positioned above the price, acts as the first wall. The longer black line close to $0.00000565 represents a significant test. SHIB failed to hold it this week and must regain it to turn the trend positive once more.
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The RSI is around 44, which shows weakness but not oversold conditions. Sellers therefore still hold a minor edge. A daily close above $0.00000549 would be the initial positive indicator for bulls.
Bulls are aiming way higherAfter that, bulls should aim for $0.00000565, then $0.00000580, and ultimately $0.00000600. Bears would cancel the recent bounce with a close below $0.00000529. The next support is at $0.00000510, followed by $0.00000500.
This zone was also in play in September. Looking ahead, fresh volume near support levels is a positive indicator, but sustained momentum is required. If SHIB holds $0.00000529 with high volume on green candles, a move to $0.00000565 is feasible. Otherwise, expect another test at $0.00000510.
Shiba Inu recorded a sharp increase in trading activity, with 1.34 billion SHIB exchanged over the past 24 hours. The spike followed a significant drop across the broader cryptocurrency market, which led to more than $1 billion in leveraged positions being liquidated.
Increased trading volume and price actionMost of this new volume appears to have been driven by a combination of forced liquidations from sellers and an influx of buyers seeking out discounted prices. Trading data indicates heavy activity during the downturn, particularly when SHIB dropped from $0.00000580 to $0.00000534 over two days. The sharpest trading volume of the week was registered in a red candle, marking the rapid decline.
On Thursday, SHIB reached a low of $0.00000510 before buyers entered the market, as shown by a pronounced lower wick on the price chart. The token has since recovered modestly, with its price now at $0.00000534, hovering above a key average near $0.00000529.
Key support and resistance levelsSupport around $0.00000529 has proven crucial for SHIB. The most recent daily trading session closed with a green candle, signifying that buyers were able to keep the price above this level. However, modest volume on the rebound suggests that a sustainable recovery is not yet confirmed. Immediate resistance sits between $0.00000545 and $0.00000549, supported by a cluster of moving averages just above current prices.
A longer-term resistance trendline at $0.00000565 remains a challenging barrier, with SHIB failing to stay above this level earlier in the week. Regaining this area is considered essential to reassume upward momentum.
LevelTypeCurrent Status$0.00000529SupportHolding$0.00000545-$0.00000549First ResistanceAbove Price$0.00000565Major ResistanceNot Broken$0.00000510Secondary SupportTested RecentlyTechnical indicators and outlookThe Relative Strength Index (RSI) currently stands at 44, indicating ongoing market weakness but stopping short of oversold territory. Seller pressure continues, though bulls may gain the advantage if SHIB closes a trading session above $0.00000549. Further upside targets for bulls are $0.00000565, $0.00000580, and $0.00000600. Conversely, a close below $0.00000529 could negate the recent bounce, exposing SHIB to additional downside toward $0.00000510 before further support at $0.00000500.
Many traders point to the ongoing battle between bulls and bears in this price range, with renewed volume near support levels giving buyers a short-term advantage.
This price zone was also significant in September, contributing to its current technical importance. Observers note that persistent volume on upward candles while holding above $0.00000529 could open the door for a move to $0.00000565. On the other hand, renewed selling pressure could prompt another test of $0.00000510.
Shiba Inu, commonly abbreviated as SHIB, is a popular meme coin launched in 2020 as an experiment in decentralized community building, often considered an alternative to Dogecoin.
Kripto para piyasasında satış baskısı devam ederken Bitcoin (BTC), 80.000 dolar seviyesinin üzerinde tutunmaya çalışıyor. 87.000 dolardan başlayan sert geri çekilmenin ardından 82.949 dolar civarında dengelenen Bitcoin’de yatırımcıların gözü kritik destek ve direnç seviyelerine çevrildi. Özellikle 80.000 dolar desteğinin korunup korunamayacağı, kısa vadeli fiyat hareketleri açısından büyük önem taşıyor. Piyasadaki belirsizlik sürerken XRP, NEAR ve Shiba Inu da satış baskısıyla karşı karşıya kalıyor. Analistler, Bitcoin’in önümüzdeki süreçte göstereceği performansın altcoin piyasasının yönü üzerinde de etkili olabileceğini değerlendiriyor.
Bitcoin’de 80.000 Dolar Desteği Neden Önemli? Bitcoin, 87.000 dolar direncini aşamamasının ardından artan satış baskısıyla birlikte 80.300 dolara kadar geriledi. Ancak 20 günlük hareketli ortalama olan 80.700 dolar çevresinden gelen alımlar, fiyatın yeniden toparlanmasını sağladı. Bu gelişme, piyasada alıcıların henüz kontrolü tamamen kaybetmediğine işaret ediyor. Teknik analizde 80.000 dolar seviyesi kritik destek olarak öne çıkarken, bu bölgenin kaybedilmesi durumunda satış baskısının daha da derinleşebileceği değerlendiriliyor. Olası düşüş senaryosunda 79.800 dolar ilk önemli destek noktası olarak izlenirken, bu seviyenin altında 77.000 dolar bölgesi gündeme gelebilir. Bitcoin’in 80.000 dolar üzerinde kalıcılık sağlaması ise kısa vadeli toparlanma beklentilerini destekleyebilir.
Bitcoin’in yeniden yükseliş ivmesi kazanabilmesi için 85.000 dolar üzerinde günlük kapanış gerçekleştirmesi gerekiyor. Bu senaryoda 87.000 dolar direnci yeniden test edilebilir. Teknik göstergeler ise temkinli bir görünüme işaret ediyor. RSI göstergesinin 45 seviyesine gerilemesi piyasadaki aşırı alım baskısının azaldığını gösterirken, düşüş sırasında işlem hacminin yükselmesi satıcıların hâlâ aktif olduğunu ortaya koyuyor.
Analizde dikkat çeken değerlendirme şöyle:
“Bitcoin’de 87.000 dolar seviyesi iki kez aşılamadı. Buna karşılık 80.000 doların üzerinde kalındığı sürece alıcıların kontrolü tamamen kaybetmediği görülüyor.”
XRP ve NEAR İçin Kritik Fiyat Seviyeleri Bitcoin’deki sert dalgalanmalar altcoin piyasasını da doğrudan etkilerken XRP ve NEAR Protocol kritik fiyat seviyelerinde işlem görmeye devam ediyor. XRP, 1,38 dolar civarında dengelenmeye çalışırken yatırımcıların gözü 1,40 dolar direncine çevrildi. Bu seviyenin aşılması ve üzerinde kalıcı kapanışların gerçekleşmesi durumunda fiyatın önce 1,45 dolar, ardından 1,50 dolar seviyesine doğru yükseliş göstermesi mümkün olabilir. Ancak satış baskısının yeniden artması halinde 1,33 dolar desteği kritik önem taşıyor. Bu bölgenin kaybedilmesi, XRP’de düşüş riskini artırabilir.
NEAR Protocol tarafında ise 4,79 dolar seviyesi yakından takip ediliyor. Son dönemde yaşanan sert fiyat hareketlerinin ardından toparlanma sinyalleri veren NEAR için 5,00 dolar direnci kısa vadeli yön açısından belirleyici konumda bulunuyor. Fiyatın bu seviyenin üzerinde günlük kapanış gerçekleştirmesi, 5,60 dolar direncine doğru yeni bir yükseliş hareketinin önünü açabilir. Buna karşılık 5,00 doların aşılamaması durumunda fiyatın bir süre daha yatay seyretmesi ve 4,35 dolar desteğine doğru geri çekilmesi ihtimali gündemde kalıyor.
Yatırımcıları Ne Bekliyor? Genel değerlendirmede Bitcoin’in 80.000 dolar seviyesinin üzerinde kalıcılık sağlaması, kripto para piyasasının kısa vadeli yönü açısından belirleyici olacak. Özellikle 85.000 dolar direncinin aşılması, piyasadaki toparlanma beklentilerini güçlendirerek Bitcoin’in yeniden 87.000 dolar seviyesine yönelmesini sağlayabilir. Ancak 80.000 dolar desteğinin kaybedilmesi durumunda satış baskısının derinleşmesi ve fiyatın daha düşük destek bölgelerine gerilemesi ihtimali gündeme gelebilir. Öte yandan Bitcoin’deki fiyat hareketlerinin XRP, NEAR ve Shiba Inu gibi altcoinler üzerinde de etkili olması bekleniyor. Bu nedenle yatırımcıların önümüzdeki süreçte Bitcoin’in kritik destek ve direnç seviyelerini, işlem hacmini ve piyasa momentumunu yakından takip etmesi önem taşıyor.
Son dakika kripto para haberleri için hemen tıkla
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VANCOUVER, BC / ACCESS Newswire / October 9, 2026 / Immutable Holdings Inc. (CBOE:HOLD)(OTCQB:IHLDF) ("Immutable" or the "Corporation") is pleased to announce that it has entered into an acquisition agreement (the "Definitive Agreement") with Gamebred FC, LLC. ("Gamebred"), which outlines the terms and conditions pursuant to which the parties will complete an arm's length transaction that will result in the reverse take-over of Immutable by Gamebred (the "Proposed Transaction") to ultimately form the resulting issuer (the "Resulting Issuer"). It is intended that the Proposed Transaction will constitute a "reverse take-over" of Immutable under the policies of CBOE Canada ("Cboe") and following completion of the Proposed Transaction, the Resulting Issuer will carry on the business currently carried on by Gamebred. It is also intended that Immutable will delist its subordinate voting shares from Cboe and the Resulting Issuer will obtain a listing on the TSX Venture Exchange ("TSXV"), subject to receipt of all required regulatory approvals.
Proposed Transaction Summary
Pursuant to the terms of the Definitive Agreement, the Proposed Transaction will be effected through a three-cornered merger (the "Merger") involving a newly incorporated Florida subsidiary of Immutable ("Newco"), whereby Newco will merge with and into Gamebred under the Florida Business Corporation Act, with Gamebred surviving the merger as a wholly-owned subsidiary of Immutable. Following completion of the Proposed Transaction, Immutable is expected to continue as the Resulting Issuer and carry on the business currently conducted by Gamebred.
There are currently an aggregate of 32,583,077 subordinate voting shares of Immutable ("SV Shares") and 65,508 multiple voting shares of Immutable ("MV Shares" and together with the SV Shares, the "Immutable Shares") issued and outstanding, as well as 4,166,100 stock options of Immutable. As a result of the Merger, the holders of the issued and outstanding shares of Gamebred ("Gamebred Shares") will receive shares of the Resulting Issuer ("Resulting Issuer Shares") in exchange for their Gamebred Shares. The aggregate consideration payable to holders of Gamebred Shares will consist of 312,500,000 Resulting Issuer Shares, subject to adjustments, with the exact number of Resulting Issuer Shares issuable per Gamebred Share determined by dividing 312,500,000 by the number of Gamebred Shares issued and outstanding on a fully diluted basis immediately prior to closing, excluding securities issued pursuant to the Concurrent Financing (as defined below) (the "Share Exchange Ratio").
Based on the number of Immutable Shares currently outstanding and the issuance of 312,500,000 Resulting Issuer Shares to the holders of Gamebred Shares pursuant to the Proposed Transaction, existing shareholders of Immutable are expected to hold approximately 23.9% of the Resulting Issuer Shares and former shareholders of Gamebred are expected to hold approximately 76.1% of the Resulting Issuer Shares immediately following completion of the Proposed Transaction, in each case prior to giving effect to the Concurrent Financing and subject to any adjustments contemplated by the Definitive Agreement. Accordingly, the foregoing ownership percentages are estimates and may change prior to closing.
At closing, all outstanding Gamebred Shares will be exchanged for Resulting Issuer Shares. Outstanding stock options of Immutable will remain outstanding following closing with no change to their existing terms.
In connection with the Proposed Transaction, Immutable intends to change its name to a name designated by Gamebred, subject to regulatory approval and the completion of all required corporate procedures.
Bridge Loan
In connection with the execution of the Definitive Agreement, the Corporation advanced a bridge loan in the principal amount of US$1,000,000 to Gamebred pursuant to the terms of a secured promissory note entered into between the Corporation and Gamebred (the "Bridge Loan"). The Bridge Loan is secured by a general security agreement granting a security interest in all of the personal property, assets and undertakings of Gamebred, as well as unlimited joint and several personal guarantees from the principal shareholders of Gamebred. The Bridge Loan bears interest at a rate of equal to Daily Simple SOFR plus 6.0% per annum, calculated daily. The Bridge Loan matures on December 31, 2026.
Gamebred intends to use the proceeds of the Bridge Loan to fund working capital and general business purposes of Gamebred.
Concurrent Financing
Prior to or concurrently with completion of the Proposed Transaction, Immutable or Gamebred (or one of its affiliates) is expected to complete an equity financing (the "Concurrent Financing") in such form, with such terms and for such amount as may be agreed by the parties and as may be required to satisfy the listing requirements of the TSXV. Completion of the Concurrent Financing is a condition to completion of the Proposed Transaction.
Senior Management and Board of Directors
Upon completion of the Proposed Transaction, it is anticipated that management of the Resulting Issuer will include solely representatives of Gamebred. In addition, subject to approval by the TSXV, the board of directors of the Resulting Issuer, at the time of closing, is expected to consist of five directors, one of whom will be selected by Immutable and four of whom will be selected by Gamebred.
Conditions of Completion
Completion of the Proposed Transaction is subject to satisfaction or waiver of a number of conditions, including Gamebred's conversion to a Florida Corporation, and other conditions customary for a transaction of this nature, including, among other things:
receipt of conditional approval from the TSXV for the listing of the Resulting Issuer Shares following the delisting of the Immutable Shares from Cboe; completion of the Concurrent Financing; and receipt of all required corporate, regulatory and third-party approvals. The Proposed Transaction remains subject to review and approval by Cboe under its applicable policies. In addition, the listing of the Resulting Issuer Shares on the TSXV and the delisting of the Immutable Shares from Cboe are subject to review and approval by the TSXV and Cboe, respectively.
Trading in Immutable Shares
Trading in the Immutable Shares will be halted in compliance with the policies of Cboe. Trading in the Immutable Shares is expected to remain halted pending completion of the Proposed Transaction. In connection with the Proposed Transaction, Immutable intends to delist the Immutable Shares from Cboe and seek a listing of the Resulting Issuer Shares on the TSXV. Subject to completion of the Proposed Transaction and satisfaction of all applicable listing requirements, the Resulting Issuer Shares are expected to commence trading on the TSXV following closing.
Additional Information
Further updates in respect of the Proposed Transaction will be provided in a subsequent news release.
Additional information concerning the Proposed Transaction, Immutable, Gamebred and the Resulting Issuer will also be provided in subsequent filings to be made by Immutable and Gamebred in connection with the Proposed Transaction, which will be available under the Immutable's SEDAR+ profile at www.sedarplus.ca.
About Gamebred
Gamebred is a combat sports promotion and media company focused on the production and promotion of professional bare-knuckle mixed martial arts events. Founded by UFC legend Jorge Masvidal, Gamebred's events combine bare-knuckle fighting with the Unified Rules of Mixed Martial Arts, allowing competitors to utilize striking, grappling and submission techniques without gloves. Through live events, media rights, sponsorships and related commercial initiatives, Gamebred seeks to capitalize on the growing global demand for combat sports entertainment. Gamebred recently entered into a global media rights partnership with DAZN, expanding the international reach of its content and events.
About Immutable
Immutable is a collection of businesses within the digital assets ecosystem on a mission to build businesses and products that increase the awareness, access, and adoption of digital assets. Founded by Jordan Fried, a member of the founding team of the Hedera Hashgraph network, the Corporation has launched and operated business ventures in several verticals, across asset management, NFTs, media, and education. This has included Immutable Asset Management, NFT.com, Immutable Media, 1-800-Bitcoin, and HBAR Labs. The Corporation's approach has been to evaluate market opportunities as they arise and to build businesses that can support the growth of the digital asset ecosystem. For further information regarding Immutable Holdings, visit https://immutableholdings.com/ and see the Corporation's disclosure documents on SEDAR+ at www.sedarplus.ca.
For media inquiries and further information, contact:
Billy Baxter, Interim CFO and Head of Corporate Development & Operations
Email: [email protected]
This news release contains certain statements which constitute forward-looking statements or information under applicable Canadian securities laws, including without limitation, statements regarding expectations regarding whether the Proposed Transaction will be consummated and the conditions to the consummation of the Proposed Transaction will be satisfied including, but not limited to, the necessary shareholder and regulatory approvals and the timing associated with obtaining such approvals, if at all, expectations regarding the Concurrent Financing and the terms, size and timing thereof, completion of the name change of the Corporation, the future business plans, activities, operating performance and expectations regarding the Resulting Issuer, expectations regarding the Bridge Loan and the use of proceeds thereof, the trading in Immutable Shares and Resulting Issuer Shares, and expectations for other economic, business and/or competitive factors. Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond Immutable's, Gamebred's or the Resulting Issuer's (as applicable) control, which could cause actual results, events, performance or achievements of Immutable, Gamebred or the Resulting Issuer, as applicable, to differ materially from those stated, anticipated or implied in the forward-looking statements. These risks and uncertainties include, without limitation, changes to applicable laws or regulations, general economic and capital markets conditions, stock market volatility and the other risks disclosed in the Corporation's annual information form dated March 31, 2026 and other disclosure documents available on the Corporation's profile at www.sedarplus.ca. The foregoing is not an exhaustive list of factors that may affect the Corporation's forward-looking statements. Other risks and uncertainties not presently known to the Corporation and/or not specifically referenced herein could also cause actual results or events to differ materially from those expressed in its forward-looking statements.
The forward-looking statements contained herein are based on a number of assumptions, including, but not limited to, assumptions regarding completion of the Proposed Transaction as contemplated or at all; completion of the Concurrent Financing, satisfying the conditions precedent and covenants in connection with the Proposed Transaction, the ability to obtain requisite regulatory, board and shareholder approvals of the Proposed Transaction, as applicable, satisfying the requirements of Cboe and the TSXV, as applicable, with respect to the Proposed Transaction and related matters, meeting the minimum listing requirements of the TSXV, market conditions, the potential impact of the announcement or consummation of the Proposed Transaction on relationships, including with regulatory bodies, employees, customers and competitors, anticipated and unanticipated costs (including, without limitation, compliance with extensive government regulation and the costs associated with compliance), and other factors referenced in this news release.
Although the Corporation believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions, based on currently available information concerning future events, which may prove to be inaccurate. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Corporation does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.
The Exchange has not in any way passed upon the merits of the Proposed Transaction and has neither approved nor disapproved the contents of this news release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
SOURCE: Immutable Holdings Inc.
View the original press release on ACCESS Newswire
Hyperliquid has surpassed $1.4 billion in cumulative protocol revenue, and has spent over $1.26 billion on HYPE token repurchases.
According to an on-chain perpetual contract market research report released by Castle Labs, Hyperliquid’s cumulative protocol revenue has exceeded $1.4 billion, with over $1.26 billion used to repurchase HYPE tokens in the open market. By open interest, Hyperliquid currently holds more than 56% of the on-chain perpetual contract market share. The report also notes that Hyperliquid’s Builder Codes mechanism allows third-party wallets and applications to integrate its trading infrastructure, enabling them to add perpetual contract trading and earn revenue without building their own systems. Among these, Phantom has generated over $25 million in cumulative revenue through this mechanism, while MetaMask’s cumulative revenue exceeds $10.5 million.
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Hyperliquid is scheduled to undergo a network upgrade at 16:15 today, with an estimated downtime of approximately 10 minutes.
Hyperliquid plans to carry out a network upgrade around 16:15 Beijing Time today, with an estimated downtime of approximately 10 minutes.
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Bitcoin's annualized volatility has fallen to 46%, but the number of extreme market moves this year has already exceeded that recorded during the 2018 bear market.
As of 2026, Bitcoin has seen 10 trading days with 3-standard-deviation price moves, exceeding the full-year total of 8 such days during the 2018 bear market. While Bitcoin’s annualized volatility has dropped from 84% in 2018 to around 46%, extreme price swings remain frequent relative to its recent volatility levels. A 3-standard-deviation move measures how much a price deviates from its typical recent volatility range. Data shows that the average daily price swing for Bitcoin during these extreme moves this year is roughly 7%, down from about 10% in 2018. Since 2024, Bitcoin’s volatility has stood at approximately 47%, similar to Nvidia’s. Yet over the same period, Bitcoin has recorded 26 trading days with 3-standard-deviation moves—far outpacing Nvidia’s 8, the S&P 500’s 16, and gold’s 12. Market analysts note that macroeconomic shocks, leverage in derivatives markets, and concentrated positions are key drivers of the persistent extreme volatility. When investors heavily sell options betting on market calm, sudden news can trigger mass liquidations of those positions, further amplifying price swings. Deribit CEO Luuk Strijers stated that traditional Value-at-Risk (VaR) models fail to adequately measure tail risks during extreme market conditions, advising investors to focus more on risk metrics like Expected Shortfall. Meanwhile, increased institutional participation, deeper liquidity, and improved risk management have enhanced the market’s ability to absorb shocks, though this does not mean extreme volatility will disappear.
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A whale opened $11.6 million worth of positions in UNI, LTC, and BNB, incurring an unrealized loss of $1.536 million within half a month.
According to monitoring by crypto tracker Ai Yi, a whale that has accumulated positions in UNI, LTC, and BNB since September 23, totaling roughly $11.6 million, now has a combined unrealized loss of about $1.536 million on its three altcoin holdings and is suspected of liquidating BNB. On-chain data indicates the whale transferred approximately 2,380 BNB to Binance around 20 minutes ago, worth around $1.85 million. If sold at current prices, this portion of the position would incur a loss of roughly $73,000. For other holdings: the whale holds 1,014,020 UNI, valued at ~$8.91 million, with an average entry price of $8.79, resulting in an unrealized loss of ~$1.409 million; it also holds 12,397 LTC, worth ~$841,000, average entry price of $67.86, with an unrealized loss of ~$54,000.
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Maji's Ethereum long position unrealized loss narrows to $640,000, with a 7-day loss of $7.2 million.
According to TradingBeats' monitoring, cryptocurrency market sentiment has slightly recovered. The remaining 12,000 ETH long positions in crypto personality "Big Brother Ma Ji" Huang Licheng's address have narrowed their unrealized losses to $640,000, with an entry price of $2,547.66 and liquidation price of $2,454.22. His address has incurred $7.2 million in losses over the past seven days, bringing total losses to $33.97 million.
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Robinhood Chain Sees Cooling: Daily Active Users Drop 31% Since Mid-September, DEX Trading Volume Slips 21%
Robinhood Chain’s on-chain activity continues to cool off. Data shows that between October 2 and 8, the network’s average daily transaction volume dropped to 6.2 million, a 42% decrease from the 10.8 million transactions recorded from September 10 to 16, marking a 20% weekly decline. The average daily active addresses stood at around 322,000, down 31% from mid-September. Trading volume and network revenue have both come under pressure. Over the same period, the weekly spot DEX trading volume on Robinhood Chain fell to $7.45 billion, a 21% drop from the previous week’s $9.46 billion. The network’s average daily fee revenue was approximately $65,000, a 39% week-over-week decline. Notably, the network’s daily fee revenue once hit $8 million in early September. However, capital has not significantly flowed out. During the same period, the deposit scale of on-chain lending and trading applications rose by around 2% to $1.04 billion, while stablecoin supply increased to roughly $1.1 billion; perpetual contract trading volume grew by 26% to about $7.35 billion. To stimulate trading activity, Robinhood has extended the token swap fee subsidy for transactions over $0.5 via Robinhood Wallet to December 31. The subsidy was originally scheduled to end on September 29.
Crypto holders with older iPhone devices may be in danger of having their crypto stolen, as a dangerous hacking kit is still targeting popular crypto wallets.
The dangerous DarkSword exploit is still being used to deploy the Coruna malware to steal crucial data from crypto wallets, as per cybersecurity experts from Censys.
The experts found several servers hosting the directories for deploying these malicious tools, which indicates that the threat is still very much active (months after the exploits were discovered).
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The hacking kit itself exploits vulnerabilities in Apple's WebKit and JavaScriptCore components, which allows hackers to target vulnerable iPhone devices to access sensitive data.
After hacking into the device, the Coruna malware can then focus on crypto wallets to try and steal information that can give hackers access to your funds.
The affected crypto wallet apps include Coinbase, MetaMask, Trust Wallet, Phantom, Exodus, Uniswap, Bitpie, imToken, and OKEx.
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The threat isn't limited to wallet apps. According to Censys, the malware can also scan through your photos and notes on infected devices to look for BIP39 recovery phrases.
These phrases are highly valuable to cybercriminals, as they can be used to recover crypto wallets, giving the criminals potential access to your crypto holdings even if they don't have access to your device.
How to protect your crypto Thankfully, Apple has already fixed the vulnerabilities exploited by DarkSword.
All known security vulnerabilities used by the hacking kit have already been patched in iOS 26.3, as per Macworld.
There is a possibility that older iPhone devices running iOS 26.2 and below (including older versions of iOS 18) could still be vulnerable to the attack, if they haven't been updated with the required security fixes.
Therefore, crypto holders are being advised to ensure that their devices are up to date to minimise the risk of being targeted by these attacks.
Tron records show a 2 million USDT conversion through USDD’s stability module; Bitquery estimates Tether froze $10 million across the wider theft cluster.
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