Crypto Markets & On-Chain Ecosystem Developments

According to ChainCatcher, perpetual futures platform Extended announced on October 9 its plan to migrate settlement to Arc, Circle's Layer 1 blockchain for financial markets. The migration is scheduled for the week of October 19, 2026, with trading continuing during the transition. Accounts,

According to Hong Kong Securities and Futures Commission (SFC), Finanx AI (also known as Finanx Technology Limited) has been added to the unlicensed company list on October 9. The company may have promoted FNXAI and 1FNXAI tokens to investors in Hong Kong and claimed high returns from investing in t

According to SoSoValue data, Solana spot ETFs posted a net outflow of $3.32 million yesterday (October 8 US time). Morgan Stanley Solana Trust (MSOL) recorded a single-day net inflow of $1.773 million, while Bitwise Solana Staking ETF (BSOL) experienced a net outflow of $5.258 million. The

US investment bank Cantor Fitzgerald faces investigation from Senate Democrat Richard Blumenthal over its partnership with stablecoin issuer Tether, with the senator demanding records on compliance monitoring and financial benefits to Commerce Secretary Howard Lutnick's family. In a letter sent

Bitcoin recorded a 54.3% drawdown from peak to trough, identified by BitGo Research as the shallowest on record. The decline occurred despite on-chain signals indicating four consecutive bottoms barely registering during the downturn. The lack of robust on-chain activity during this period raises

According to Bitcoinist, the XRP Ledger's BatchV1_1 amendment is expected to activate around October 9 if validator support remains above the required threshold. The upgrade allows multiple transactions to be bundled into an atomic group, enabling them to succeed or fail together—a feature

According to Foresight News, the NFL submitted an amicus brief to the Supreme Court supporting New Jersey's petition in the Kalshi case, arguing that states should retain authority to regulate sports-related prediction market contracts rather than granting the

According to SoSoValue, the 21Shares Hyperliquid ETF (THYP) experienced net outflows of $9.7044 million on October 8 (U.S. Eastern Time). The ETF's total assets under management reached $454 million with cumulative net inflows of $336 million.

According to SoSoValue, the Zcash spot ETF (ZCSH) recorded net outflows of $18.67 million on October 8 (U.S. Eastern Time). As of the report, the ETF's total assets under management stood at $656 million, with cumulative net inflows reaching $182 million since

According to Odaily, Franklin XRP ETF (XRPZ) saw net inflows of $8.17 million on October 8, marking the sole inflow among XRP spot ETFs yesterday. The fund has accumulated $509 million in historical net inflows to

According to Lookonchain monitoring data shared by ChainCatcher, AguilaTrades closed a long position with a $331,000 loss after more than six months of inactivity, triggered by a market decline. The trader subsequently shifted to a 40x leveraged short position on 200 BTC, with a total position

According to ChainCatcher citing the U.S. Department of Justice, Raheim Hamilton, co-founder of the darknet marketplace Empire Market, was sentenced to 40 years in federal prison on October 5 in Chicago. He was fined $5 million and agreed to forfeit approximately 1,230 Bitcoin, 24.4 Ether, and

According to BlockBeats citing crypto KOL Bando, on October 9, the top 25 token deployers on Pump.fun issued approximately 770,000 tokens and earned about $128 million from the market. However, only 6 of these tokens achieved a market cap exceeding $20 million.

According to Yi Finance and Coinglass data, over the past 24 hours, cryptocurrency market liquidations exceeded 110,000 traders. Bitcoin dropped more than 3% to $83,511, marking a week-low, while Ethereum fell nearly 5%, Solana declined about 3%, and altcoins including HYPE, XRP, and ZEC fell over 4

According to CoinDesk, Standard Chartered plans to offer custody in Singapore for cryptocurrencies, stablecoins, and tokenized real-world assets to institutional and accredited investor clients, subject to regulatory approval. The expansion follows the bank's May acquisition of Zodia Custody and

BFC surged 11.74% in 30 minutes, reaching $0.028254. The altcoin recorded a 24-hour trading volume exceeding $4.4 million. The price movement reflects broader altcoin rotation dynamics that occur when Bitcoin stabilizes, leading to increased speculative trading in smaller cryptocurrencies. The

NEAR Protocol and crypto industry participants gathered at Quantum + Privacy Day in Singapore to address post-quantum security challenges for digital assets. The event focused on cryptographic solutions needed to protect blockchain systems against potential quantum computing threats. NEAR Protocol e

BFC surged 11.74% in 30 minutes on October 9, reaching $0.028254 amid growing altcoin momentum. The token's 24-hour trading volume exceeded $4.4 million, with the day's range spanning from $0.025227 to $0.028277. BFC's market cap currently stands at $39.19 million, reflecting heightened trader

According to Alternative.me data, the Fear & Greed Index for cryptocurrencies declined to 59 today (October 9), down from 64 yesterday, indicating the market remains in a "greed" state.