Crypto Markets & On-Chain Ecosystem Developments

According to PANews, SSV Labs submitted proposal DIP-59 on Oct. 23 to extend network hosting services through June 30, 2027, up from the previously planned Jan. 1, 2025 end date. The proposal reflects reduced scope amid market conditions, focusing on maintenance rather than expansion roadmap.

According to on-chain analytics firm Lookonchain, the attacker address linked to this year’s April Drift Protocol hack became active again on October 20 after about two months of dormancy, depositing 25,700 ETH (about $61.56 million) into the cryptocurrency mixer Tornado Cash in batches over two hours. Attacker-linked addresses still hold 81,864 ETH. Lookonchain: Drift Attacker Address Transfers 25,700 ETH to Tornado Cash in Two Hours According to Lookonchain’s on-chain monitoring on October 20,

According to ChainSecurity, Ethereum Hoodi testnet's Glamsterdam hard fork has been delayed as of October 22. The smart contract security firm discovered security vulnerabilities in existing contracts and identified 13 real-world cases affected; the company is conducting responsible disclosure

According to Fidelity Digital Assets, on October 20, bitcoin preferred stock financing could attract capital from the approximately $15 trillion global fixed income market. Fidelity estimates the preferred stock sector at $12 billion and has supported the purchase of 135,979 bitcoin as of October 5.

Bitcoin (BTC) has given back this week’s gains, trading at around $81,450 as of Oct. 23. A Circle shareholder has sued Trump and his family’s World Liberty Financial, alleging a $2 billion deal involving a foreign government entity and Binance. The Commodity Markets Council (CMC) urged the CFTC to hold off on approving Kalshi’s proposed perpetual oil futures contracts. Macro Events & Crypto Hot Topics CoinTelegraph reported that a shareholder of Circle Internet Financial, the company behind the

According to Bloomberg and Dune data, on-chain trading volume for tokenized stocks and exchange-traded funds surpassed $370 billion in Q3 2026, with monthly volumes growing nearly 18-fold compared to January 2026.

DFINITY founder Dominic Williams alleged today on X that NEAR's Chain Abstraction and Intents rely on a threshold ECDSA algorithm published by DFINITY in 2022, a technology Williams said is exclusively licensed to Internet Computer. Williams also questioned NEAR's decentralization, claiming its

According to CoinPost, on October 22, Japan's ruling Liberal Democratic Party approved a cybersecurity proposal calling for the establishment of a Prime Minister-led cyber response headquarters to strengthen national defense against cyber threats. The proposal requires police authorities to

Gate News bot message: Gate market data shows ETH has broken above 2400 USDT, with the current price at 2400 USDT.

According to the Hong Kong Securities and Futures Commission (SFC), BTCC has been listed as a suspicious virtual asset trading platform on October 23. The platform is operated by Polish company BTCC Poland Limited and is unlicensed in Hong Kong. The SFC stated that the entity is suspected of

KMD price plummeted 28.66% in just 30 minutes, dropping to $0.0073, as the token's market cap fell to $1,442,299. The sharp decline from the 24-hour high of $0.010254 reflects extreme volatility amid ultra-thin trading liquidity. With only $4.86 in 24-hour trading volume, KMD has also

According to SoSoValue data, yesterday (October 22), ZEC and NEAR spot ETFs saw combined net inflows of $14.74 million. Zcash ETF (ZCSH) recorded net inflows of $14.23 million, while Bitwise NEAR ETF (NRR) saw inflows of $513,100.

According to SoSoValue, Franklin's XRP spot ETF (XRPZ) received net inflows of $3.5646 million on October 22 (Eastern Time). The fund has accumulated $519 million in total historical inflows to date. XRP spot ETFs collectively held $1.488 billion in net assets, with cumulative inflows

Blockchain Association Chief Policy Officer Lindsay Fraser submitted a letter on October 22 on behalf of more than 100 members to the four congressional leaders—the Senate majority leader, Senate minority leader, Speaker of the House, and House minority leader—calling on both parties to advance cryptocurrency tax reform. The letter’s key requests include establishing a “de minimis” tax exemption for small cryptocurrency transactions, treating stablecoins as cash equivalents, and narrowing Form 1

The FBI’s Internet Crime Complaint Center (IC3) released its 2025 Internet Crime Report, which said it received 1.009 million internet crime complaints during the year, with reported losses of $20.9 billion. Of those complaints, 181,565 involved cryptocurrency. President Trump held a White House meeting on combating internet crime on October 21, saying that more than 10,000 potential victims had been warned this year and that the FBI had dismantled 20 scam compounds worldwide. FBI IC3 2025 Inter

Bitcoin was trading at $81,365 on October 23, giving back its gains for the week. In U.S. stocks, the Nasdaq closed down 694 points (-2.60%) on October 22 at 26,008.86, with tech stocks serving as the main drag. Key reasons for the decline included concerns over AI capital spending, NVIDIA CEO Jensen Huang’s remarks that capital for AI was in short supply, and rising tensions in the Middle East that pushed oil prices to a five-month high. Closing Data for the Three Major U.S. Stock Indices on Oc

Senator Richard Blumenthal, the ranking Democrat on the Senate Permanent Subcommittee on Investigations, is investigating payments of millions of dollars from Tether to Nxum Group, a consulting firm led by Bo Hines, the former White House crypto policy adviser, according to CoinDesk. Blumenthal

According to ChainCatcher citing SoSoValue data, Solana spot ETFs recorded net outflows of $8.515 million in a single day today. Bitwise Solana Staking ETF (BSOL) accounted for $5.7182 million of the decline, while Canary Marinade Solana ETF (SOLC) posted inflows of $419.5 thousand. BSOL

According to SoSoValue data reported by PANews, Hyperliquid spot ETFs experienced net outflows of $78.788 million overnight on October 22 (U.S. Eastern Time). Bitwise Hyperliquid ETF (BHYP) led the outflows with $6.981 million, though its historical cumulative inflows reached $126 million. As of