Crypto Markets & On-Chain Ecosystem Developments

According to a report by South Korea’s Maeil Business Newspaper on Oct. 12, Jeonbuk Bank, a subsidiary of JB Financial Group (stock code: 175330), launched South Korea’s banking sector’s first digital-asset-linked KRW-denominated loan. Initially, the loan is available only to corporate customers, with Bitcoin as the sole collateral and loan proceeds restricted to corporate operating funds. The bank does not directly hold or manage Bitcoin; instead, it is held in custody by a qualified virtual as

According to multiple data sources, PaperTrade launched on Oct. 10 with 1,000x leverage and no LP. During the pre-deposit phase, 11,465 addresses deposited approximately $138 million in total, while 24-hour notional trading volume was approximately $596.28 billion. TradingBeats monitored 14,158 liquidated positions, with Isolated Margin losses of approximately $23.12M. Day-One Data: 11,465 Addresses Deposited $138 Million According to protocol statistics and TradingBeats monitoring, PaperTrade's

Bitcoin (BTC) rebounded from its weekend low, trading at around $83,760 as of October 12. Strategy Chairman Michael Saylor posted Bitcoin Tracker data again and may disclose changes in the company’s holdings this week. Thailand’s Securities and Exchange Commission (SEC) officially released regulations for crypto asset ETFs, initially allowing only Bitcoin and Ethereum, with the rules set to take effect on October 16. Macro Events & Crypto Highlights According to CoinTelegraph, Strategy Chairman

According to MSB Intel on October 12, Ethena's synthetic dollar USDe has generated accumulated protocol fees of $1.061 billion since its launch in late 2023, spanning approximately 34 months. Data comes from DefiLlama. As of mid-October 2026, USDe has a market cap of approximately $4.8 billion

According to ChainCatcher citing Coinglass data, the entire cryptocurrency market liquidated $167 million in the past 24 hours, with long liquidations totaling $52.028 million and short liquidations $115 million. Bitcoin saw long liquidations of $5.8447 million and short liquidations of $35.0861 mi

The Bank of Korea will use a wholesale central bank digital currency rather than private stablecoins as the settlement asset for a tokenized Treasury pilot set for 2027, according to materials the BOK submitted to the National Assembly's Strategy and Finance Committee. The Electronic Times

According to trader Ansem on X, altcoin market sentiment and institutional and retail positioning have reached multi-year lows, likely driven by talent migration to AI, innovation deficit post-DeFi boom, and gold's value revaluation. A large-scale altcoin liquidation occurred on October 10 last year

The official X account of Coldcard, a Bitcoin hardware wallet brand, @COLDCARDwallet, published a phishing post on October 11 impersonating a notice that the Mk4, Mk5, and Q models had “critical firmware vulnerabilities” and urging users to transfer their funds immediately through a phishing website. The post has since been deleted, and Coldcard has submitted an urgent investigation request to X, stating that access to the account has been strictly restricted since 2017. Phishing Post Tactics: F

According to an official XRPL vulnerability disclosure report published on October 9, an integer overflow vulnerability that had remained latent in the XRP Ledger payment engine since 2015 could have allowed the total XRP supply to exceed the 100 billion limit. Its severity rating was raised from Major to the highest level, Critical, that day, and it was fixed on September 25 with xrpld version 3.4.1. Vulnerability Disclosure: Severity Rating Raised from Major to Critical According to the offici

Bitcoin (BTC) traded around $83,771.70 on Oct. 12, while the resistance zone between $83,900 and $84,200 limited the room for the recent rebound to extend. On the macro front, U.S. President Trump suddenly announced on Truth Social on Oct. 11 that Russia and Ukraine had reached an energy ceasefire, saying it was “effective immediately”; Ukrainian President Zelenskyy said he was still waiting for specific details. Trump Suddenly Announces Russia-Ukraine Energy Ceasefire on Oct. 11 Trump posted on

Bitcoin recorded 10 '3-sigma' trading days in 2025, exceeding the eight days logged during 2018 when prices plummeted 73% annually, according to CoinDesk on May 11 (local time). A 3-sigma event occurs when price movements exceed three standard deviations from recent volatility—statistically rare

According to CoinDesk citing on-chain analysis firm Growthepie, Robinhood Chain's average daily transactions fell to 6.2 million in the week of October 2-8, down 42% from the peak of 10.8 million recorded in mid-September. Daily active wallet addresses also declined 31% to 322,000. Daily fee

According to Coindesk, Bitcoin has recorded 10 days of extreme price swings this year where daily moves exceeded three times the recent volatility baseline (3-sigma events), surpassing the 8 such days that occurred during 2018 when Bitcoin fell 73% annually. However, Bitcoin's annualized volatility

According to the Korea Daily Economic reported by PANews on October 12, Jeollabuk-do Bank, a subsidiary of JB Financial Group, launched South Korea's first digital asset-linked won loan. The product initially targets corporate clients, using Bitcoin as the sole collateral for business operation

The Korea Financial Research Institute submitted a report to the Financial Services Commission proposing access restrictions for decentralized finance (DeFi) platforms, triggering market concerns. The report, delivered at the end of last year, recommends classifying DeFi services as unlicensed

Gate News bot alert: Gate market data shows that BTC has fallen below 84,000 USDT and is currently trading at 83,999.6 USDT.

According to Polymarket data, the probability of a Federal Reserve 25-basis-point rate hike in October has fallen to 17%, while odds of maintaining rates unchanged have climbed to 84%. Trading volume on the related prediction event has reached $32