Crypto Markets & On-Chain Ecosystem Developments

According to PANews, USDC's circulating supply fell by approximately 800 million over the past 7 days ended Oct. 29, as Circle issued about 10.9 billion USDC and redeemed approximately 11.7 billion USDC. Total circulating supply now stands at 70 billion USDC, backed by total reserves of approximatel

According to Stonk's official statement, StonkFun's website has been restored and is now running on new infrastructure following a domain attack that prompted a temporary shutdown. On-chain functions are operating normally, and the platform reports no users have been affected so far. The company

Phala Network (PHA) experienced a sharp 10.12% price decline within the last hour, currently trading at $0.0373. The cryptocurrency also posted a 5.33% decrease over the past 24 hours, with active trading volume reaching $2,259,627.54. The volatility reflects broader cryptocurrency market trends

According to Korea Economic Daily, NH Bank, MoonPay, and Korean fintech company Finger signed a collaboration agreement on digital asset-based financial services. The three parties plan to develop applications for digital assets in payment and financial scenarios, with focus on cross-border

According to Foresight News, Tether reported third-quarter net operating profit of $1.5 billion, with excess reserves increasing to $7.95 billion from $4.1 billion in the prior quarter. USDT in circulation remained stable at $184 billion, while the company's total reserves reached $191.5 billion

According to StonkBrokers founder SimpleFarmer, the security alert regarding a StepDrainer front-end attack on StonkBrokers was a false alarm. The malicious domain flagged in the alert is not the official website; the official domain is StonkBrokers.io. Blockaid has removed StonkBrokers from its

According to DefiLlama, Curve's daily trading volume halved to $425 million on October 30, though it remained 335% above the seven-day median. Meanwhile, the proportion of USDT in the 3pool declined from 74.8% to 69.8%.

According to Odaily, Flap has migrated to its new domain flap.cool to ensure user security and platform stability. The platform cautioned users to avoid accessing the old domain flap.sh and warned against connecting wallets or signing transactions on that

ICE has announced a partnership with Trade.xyz to integrate cryptocurrency technology into financial systems, a move aimed at significantly enhancing trading operation efficiency. Additionally, DTCC has begun clearing transactions on blockchain, specifically using Canton technology. These

Senator Cynthia Lummis clarified a misconception regarding a finance law savings clause in a social media post. The clause preserves existing finance and sanctions laws, which may affect future regulatory interpretations in the cryptocurrency sector. Lummis issued the clarification to address

Chainalysis disclosed on October 30 that an external attacker gained unauthorized access to its systems, exposing low-sensitivity customer records including user IDs, names, and email addresses. The blockchain-analytics firm's official incident notice confirmed that the breach compromised customer d

NEAR Protocol announced a strategic partnership with Ondo to introduce tokenized US stocks and ETFs on its blockchain platform. The collaboration was revealed at the Digital Asset Summit in London, aiming to enhance accessibility to traditional financial markets through blockchain technology. The pa

Eleven US spot Ether exchange-traded funds recorded net outflows of $155.85 million on Oct. 30, according to SoSoValue. The outflows extended a withdrawal streak to five consecutive trading sessions and marked the largest single-day exit in 23 days, since Oct. 7. The Oct. 30 total represented a 48%

According to Coinfomania, NEAR Protocol announced a strategic partnership with Ondo at the Digital Asset Summit in London. The collaboration aims to introduce tokenized US stocks and ETFs on NEAR's platform through its 1Click Swap API, enhancing accessibility to traditional financial markets.

DFI token dropped 12.17% in five minutes to trade at $0.0004428, reflecting broader pressure across the altcoin market. The decline followed a 73.05% plunge over 24 hours, with the token falling from a high of $0.00161779. Low liquidity appears to be a factor, with DFI's market cap at $464,891

US spot Bitcoin exchange-traded funds recorded combined net outflows of $643.33 million on Oct. 30, according to SoSoValue data. The single-day withdrawal marked the largest net outflow in about four months and the biggest since June 25. BlackRock's IBIT and Fidelity's FBTC led the exodus with $233.