Crypto Markets & On-Chain Ecosystem Developments

India-based crypto exchange CoinDCX acknowledged on its official blog on October 26 that it lost 15.99 million USDT after its auto-sweep service failed during a specific period. User deposits accumulated at deprecated wallet addresses and were swept away by hackers. The company absorbed the full loss, and user funds were unaffected. The acknowledgment came three days after CEO Sumit Gupta denied the hack on X, calling it “false reporting.” FlashRescue Founder Reveals Incident; ZachXBT Rebuts Cla

From 01:30 to 01:45 (UTC) on October 26, 2026, ETH plunged 0.81% over 15 minutes, falling from 2325.03 to 2305.12 USDT, with an amplitude of 0.86%. The current quote is $2323.84, down 1.40% over 24 hours. Market sentiment is tense, Order Book liquidity has contracted sharply, and an imbalance in bid and ask depth has further amplified price volatility. The main drivers of this move were localized selling pressure and a shallow Order Book. Sell-side volume across the top five price levels reached

Bitcoin (BTC) remains weak, trading at around $79,920 as of Oct. 26. According to Forbes, the U.S. Internal Revenue Service plans to reduce penalties for tax disclosures, including those involving cryptocurrency. Hardware wallet maker Keystone announced that its official Shopify website was hacked, exposing customers’ names, contact information, shipping addresses, and order details. Macro Events & Crypto Hot Topics According to Forbes, the Internal Revenue Service (IRS) is preparing a comprehen

According to Gate data, Ethereum (ETH) fell below $2,300, down 2.58% in the last 24 hours.

Cryptocurrency analyst Ali Martinez warned in a post on Oct. 25 that XRP is facing multiple bearish signals: the number of large wallets holding 10 million to 100 million XRP fell from 351 to 339 over the past few weeks, a decrease of 12; and XRP reserves held by exchanges rose from 11.003 billion to approximately 11.05 billion XRP. XRP Whales Holding 10 Million or More XRP Fall to 339, Exchange Reserves Rise by 50 Million XRP According to data shared by Martinez on October 25, 2026, over the pa

According to ChainCatcher, citing Coinglass data, the crypto market saw $119 million in liquidations over the past 24 hours, with $82.01 million from long positions and $36.71 million from short positions. Bitcoin longs liquidated $13.24 million while shorts saw $5.71 million in liquidations.

Bitcoin (BTC) briefly wicked below the $80k level again on October 26, hitting a low of around $79,732. Global market liquidations over the past 24 hours fell to around $118 million, while the Fear & Greed Index returned to 50 (neutral). U.S. President Trump said Sunday that he was close to deciding whether to take military action against Iran, but added later that night, “There will be no attack today.” Israel’s election is scheduled for Tuesday. BTC Wicks to a Low; ETH Does Not Break Below $2,

According to CryptoSlate, Bitquery analyzed 3,170 profitable wallets from Pumpfun between October 2025 and August 2026, with total profits reaching approximately $752.5 million. Only 26% passed regular market trading checks; 51% involved selling tokens transferred from other addresses, 13% showed

According to Foresight News and on-chain data tracker Ash Crypto, Arthur Hayes sold at least $49.25 million in tokens over the past day, withdrawing 49.25 million USDC from multiple exchanges. The tokens sold included ETH, ENA, UNI, ETHFI, AERO, PENDLE, and

Strategy (NASDAQ: MSTR) and Strive (NASDAQ: ASST) are navigating a delicate balance between raising funds for additional Bitcoin purchases and paying dividends on perpetual preferred stock, according to a Fidelity Digital Assets report cited by CoinDesk on May 25 (US local time). Since Strategy

According to Fidelity Digital Assets, MicroStrategy and Strive have raised approximately $12 billion through perpetual preferred stock offerings over the past 20 months, purchasing a combined 135,979 Bitcoin, which exceeds 0.5% of total Bitcoin supply. The perpetual preferred shares, which carry

According to ChainCatcher, CZ responded to BNB Chain's new L1 plan today, stating "multiple chains, one token." The new L1 will coexist with BSC, connected via native cross-chain bridges, and will not issue an independent token. Transaction fees, staking, and governance will continue using BNB. The

KEEP Network plummeted 10.03% in the last 60 minutes, currently trading at $0.024261. The sharp decline reflects broader negative sentiment affecting digital assets, with the cryptocurrency experiencing a 33.47% drop in the past 24 hours. Market cap now stands at $23,428,316 with reduced trading

KEEP Network dropped 10.03% in the last 60 minutes, currently trading at $0.024261. The sharp decline underscores significant market volatility affecting the token. Over the past 24 hours, KEEP has fallen 33.47%, with trading volume declining to $36,552, reflecting reduced liquidity. The token's ma

According to ChainCatcher, California's Department of Financial Protection and Innovation (DFPI) submitted a comment letter to the SEC opposing its Regulation Crypto Assets proposal, warning it could weaken investor protections and limit state oversight. The proposal would allow qualified issuers to

According to on-chain analyst Yan Jin, monitored by ChainCatcher, an institution that has invested in both Aave and Worldcoin transferred 16.1 million WLD worth $7.39 million and 35,000 AAVE worth $4.81 million to multiple centralized exchanges over the past day. Over the past two days, the institut

According to Foresight News, a mysterious entity from Tornado has accumulated 3,000.5 ETH worth approximately $7.06 million since October 23. The entity subsequently converted the ETH to BTC through the cross-chain protocol THORChain, according to monitoring by on-chain analyst Ai