Gate Cryptocurrency News and Market Analysis

A wallet potentially linked to the $40 million UXLINK hack holds 30,282 ETH on Hyperliquid with an unrealized gain of $6.54 million, according to data shared by CryptoTwitter commentator @WuBlockchain. The hack occurred last year, and the wallet began trading ETH on Hyperliquid in early August

Kraken transferred 931 BTC to an unknown wallet, a transaction valued at approximately $75 million according to blockchain monitoring service Whale Alert. The transfer occurred within the past 24 hours. Large Bitcoin movements from exchanges to unidentified wallets typically draw attention from

Whale Alert confirmed a transfer of 142,100,000 USDT, valued at approximately $141,967,704, from an unknown wallet to Bitfinex earlier today. The transaction was reported by Whale Alert, a service that tracks large cryptocurrency movements. Whale Alert specializes in monitoring significant

NousResearch revamped its Hermes Agent subscriptions to include a cloud agent with each plan. The company announced the changes on Twitter, replacing the previous single monthly credit block with daily and weekly usage limits. The restructuring aims to provide users with more flexibility and immediate benefits, with subscribers able to switch to the updated plans at any time. NousResearch Introduces Daily and Weekly Usage Limits The new subscription structure replaces the previous monthly credit

The U.S. Department of Justice has launched an initiative against global crypto investment fraud with crucial support from blockchain analysis firm Chainalysis. The effort targets a scam operation based in Madagascar that reportedly used fake NFT investments to defraud American investors.

Akamai launched Agent Sandbox and Akamai Inference in beta on Oct. 27, adding WebAssembly-based isolation for code that AI agents write and run. The launch addresses growing security risks as AI agents increasingly log into accounts, write code, and move money autonomously—powers that hackers or

River, a Bitcoin financial services firm, said on October 27 that the U.S. dollar's purchasing power has declined about 97% since the Federal Reserve's founding in 1913. The firm reported that $1 in 1913 now has the purchasing power of approximately 3 cents today. This decline reflects cumulative in

Grayscale, the crypto asset manager, announced on October 27 that its AI Computing ETF, trading under the ticker GCPU, invests in stocks tied to AI infrastructure. The fund's key holdings include CoreWeave, Nebius, and DigitalOcean. GCPU is designed to provide exposure to the sector by holding

U.S. household stock allocation reached a record 48.2% of financial assets, according to a report by Cointelegraph on October 27. The figure surpasses the level seen during the 2000 dot-com bubble, when technology shares soared. The higher share indicates that a larger portion of household financial

Zcash co-founder Sean Bowe proposed late Monday to halt the automatic 8% allocation of newly created ZEC tokens to Zcash Community Grants (ZCG), citing a treasury estimated at approximately $125 million after existing grant commitments. The proposal argues the committee's current reserves are

Amazon published AI usage guidelines for software engineers in a memo posted to the company's website on Tuesday, discouraging the practice of 'tokenmaxxing' where developers use AI tools excessively without regard for output quality. The memo, originally circulated internally in September,

Crypto.com emphasized a shift towards on-chain activities within the cryptocurrency ecosystem, according to a tweet from the organization. The platform highlighted that more transactions and interactions are moving onto blockchain platforms. This development reflects a broader trend in the crypto in

Bitcoin is testing the $64,000 to $65,000 resistance range as traders freeze positions amid historically low market activity. According to K33 Research, spot volume, open interest, and volatility are hovering near multi-year lows. This market calmness precedes the approaching FOMC meeting and

Anthropic filed to go public yesterday, potentially raising as much as $100 billion in the stock market, according to company disclosures. The move came alongside other major AI financing announcements: Meta planning up to $95 billion in stock sales and SpaceX securing roughly $40 billion in financi

Keystone, a Bitcoin hardware wallet manufacturer, will destroy 18,835 unsold devices and has suspended shipping after an attacker obtained the permanent factory key used to verify device authenticity, the company disclosed Monday. The breach, detected October 20, also exposed 25,964 buyer records

Morpho amplified a post by Paul Frambot revealing that Morpho Vaults will allocate resources to Morpho Midnight. The development addresses ongoing challenges in fixed-rate lending onchain. As the DeFi sector evolves, the allocation could have implications for liquidity management and market

The U.S. Commodity Futures Trading Commission is investigating Polymarket for potentially violating its 2022 settlement agreement by not adequately blocking U.S. users from its offshore platform. The probe examines Polymarket's geolocation controls and U.S. advertising practices, according to a

Chainlink amplified a post from @taylorjbarr about the upcoming Link:NYC event happening this Thursday. The event will feature voices from Wall Street to Washington, focusing on decentralized finance and blockchain technology. Chainlink's involvement reflects its commitment to fostering dialogue in

Firedancer, the Solana validator client built by Jump Crypto, now requires researchers to burn 1 SOL per bug report following terms updated on Monday. The nonrefundable fee, approximately $100, aims to combat AI-generated submissions flooding its security program. A recent audit contest from

The Commodity Futures Trading Commission (CFTC) filed a lawsuit to block state enforcement actions in Utah, asserting its jurisdiction over cryptocurrency regulations. The legal action aims to preserve federal authority in the digital asset space. The move comes amid ongoing debates about federal ve