Crypto Markets & On-Chain Ecosystem Developments

Bitcoin attempted to break above $84,000 on Oct. 13 but faced resistance as a stronger U.S. dollar and rising Treasury yields dampened investor sentiment. The cryptocurrency rose to around $83,800 near the opening of the U.S. stock session, extending an earlier rebound, but gains were limited above

Ledger requested sellers and distributors in Indonesia, Singapore, Thailand, the Philippines, Vietnam, Malaysia and Hong Kong to suspend sales and remove hardware wallets from shelves as it investigates reports of tampered devices. In a post on X on Tuesday, the company stated the request covers

The National Crime Agency (NCA) has initiated a crackdown on West African scam networks through collaboration with blockchain analysis company Chainalysis and other law enforcement and tech companies. The operation has led to the identification of hundreds of unique scammer identifiers and the

According to Chainalysis, the National Crime Agency (NCA) has recently seized over $10 million and identified hundreds of unique scammer identifiers in a significant crackdown on West African scam networks. The operation was conducted in collaboration with law enforcement and tech companies,

Pyth Network reported annual recurring revenue (ARR) growth from $6.2 million to $11.5 million, representing an 86% increase quarter-over-quarter, according to a statement posted on X. The growth reflects rising demand for real-time market data services amid fluctuating market conditions. Pyth Netwo

Gate News bot message: Gate market data shows that ETH has fallen below 2,500 USDT, with the current price at 2,499.38 USDT.

Polygon blockchain platform introduced an Automated Payout Runs feature to its Polygon Open Money Stack (OMS) on local time 12th. The feature was designed to simplify repetitive corporate payment operations including merchant settlements on online sales platforms, contractor payments, content

Influencer @buffalu__, citing data shared by @SolanaFloor, stated that decentralized exchange volume is rising, indicating growing user preference for DeFi solutions over centralized exchanges. The observation highlights a broader trend in the crypto market where decentralized finance platforms are

According to Polygon's official blog, the blockchain platform introduced an Automated Payout Runs feature to its Open Money Stack on October 12, enabling enterprises to streamline repetitive stablecoin payment operations. The functionality allows businesses to automate vendor settlements on

Ripple announced a strategic partnership with Privy, a Stripe company, to expand access to the XRP Ledger (XRPL) through embedded wallets. The integration allows developers to build payment experiences using XRP and RLUSD directly into their applications without requiring users to manage private

Crypto lending platforms recorded an 83% surge in USDT borrowing against Bitcoin holdings exceeding $10 million last month, according to data from CoinRabbit highlighted by crypto commentator Ki Young Ju. The increase in large-scale loans signals that major investors are not anticipating a

Jito introduced upgrades to its Block Assembly Marketplace (BAM) on Solana, reducing bundle submission delays by approximately 50 milliseconds. The enhancements aim to improve user experience and increase transaction efficiency on the blockchain platform. Early results indicate a 72% rise in

According to crypto commentator Ki Young Ju, USDT borrowing by users with $10 million or more in Bitcoin collateral surged 83% last month, based on data from CoinRabbit. The trend indicates that whales are using their Bitcoin holdings as collateral to acquire additional assets, signaling bullish

According to ChainCatcher, ZKsync announced the launch of Airbender Prime on October 13, a prover that demonstrates Ethereum real-time proofs on a single GPU for the first time. In testing with a single NVIDIA RTX PRO 6000 Blackwell GPU, Airbender Prime completed proofs for 99% of 7200 consecutive E

Strive, a US-based Bitcoin treasury company, purchased 3,311 BTC last week, bringing its total holdings to 32,773 BTC, according to an announcement on the company's website on the 13th (local time). The purchase represents Strive's largest single-week Bitcoin acquisition in approximately nine

According to Strive's official announcement on October 13, the bitcoin DAT company added 3,311 BTC to its treasury last week, bringing total holdings to 32,773 BTC. The purchase marks the company's largest single-week acquisition in nine months since

BitGo has launched Stablecoin-as-a-Service, a framework designed to provide institutions with capabilities for reserve management, custody, compliance, and stablecoin minting and burning. The service aims to simplify institutional entry into the stablecoin market by streamlining complex

Ripple partnered with Privy, Stripe's wallet infrastructure subsidiary, to expand XRP Ledger wallet services, crypto news outlet The Block reported on October 13. The partnership will add XRPL support to Privy's developer platform, allowing developers to integrate XRPL wallets into applications with

According to Avalanche, on October 13, South Korea's Korea Securities Depository (KSD) is building infrastructure based on Avalanche to support the Korean securities tokenization market. Avalanche has been designated alongside