Crypto Markets & On-Chain Ecosystem Developments

Gwangju Bank announced today (October 8) that it successfully completed a proof-of-concept (PoC) for stablecoin-based QR payments with Toss. The two companies integrated Gwangju Bank's mobile app, Toss's app, and Toss's payment terminals to enable the full payment flow: customers select stablecoin p

According to Alternative.me, the Crypto Fear and Greed Index dropped to 64 on October 8, indicating the market remains in a greedy state. The index fell from 71 yesterday, yet both readings indicate greed

According to BlockBeats, on October 8, Hyperliquid's development team HyperLabs redeemed 3.75 million HYPE tokens (approximately $332 million) and distributed them through five wallets, with the funds ultimately consolidated at address 0x875...1d1, which appears to be an institutional buyer

Pyth Network announced a collaboration with ExaAILabs to integrate AI capabilities into its market data services. The partnership focuses on providing structured, real-time, and historical market data to enhance AI-powered financial research. Pyth Network operates as a decentralized data oracle

According to Sui's official announcement, Samsung Wallet will integrate Sui blockchain, with support rolling out across 82 million Galaxy devices in the United States. The integration enables zero-fee USDC transfers on Sui, with users able to send stablecoins without paying network gas

From October 7 to 8, 2026 (UTC), ETH traded within a narrow range of 2,695.0 to 2,699.43 USDT, with a 24-hour amplitude of just 0.04%, edging up 0.04% to close near 2,699 USDT. Although its intraday decline reached 4.88% at one point, sending it to a low of $2,537, it recovered its losses late in the session, indicating that short-term oversold rebound momentum is building. Market attention remained high, with volatility intensifying but no panic selling emerging. The core drivers of this move w

Bitmine Emerging Technologies announced it will halt Ethereum purchases once its holdings reach 5% of the total circulating supply, CEO Tom Lee said at an event in Singapore on the 7th (local time). The company needs to acquire approximately 100,000 more ETH to reach this threshold, at which point i

According to Tom Lee, Bitmain Emergence Technologies chairman, speaking at a Singapore event on October 7, the company plans to halt ethereum purchases once its holdings reach 5% of circulating supply. Bitmain currently holds 6.016 million ETH representing 4.9% of the approximately 122.1 million cir

Visa announced it will conduct stablecoin settlements on the Solana network. The Solana Foundation highlighted this initiative in a tweet, reflecting increased stablecoin activity within the ecosystem. This move indicates broader acceptance of stablecoins as Solana continues to grow its

According to Solana Foundation, Visa announced it will conduct stablecoin settlements on the Solana network in recent developments, reflecting growing institutional interest in the blockchain's payment capabilities. This move follows an earlier collaboration between Western Union and Solana,

Ethereum researcher Justin Drake warned the cryptocurrency industry on Wednesday to prepare for 'bunker mode,' recommending users gradually move assets to fresh addresses. Drake cited concerns that advances in artificial intelligence could undermine the elliptic curve digital signature algorithm

According to PANews, Vitalik cautioned on October 8 that artificial intelligence acceleration poses significant risks to cryptographic security beyond quantum computing threats. He specifically identified ML-DSA, fully homomorphic encryption (FHE), and lattice-based cryptography as emerging risk

According to BlockBeats, on October 8, U.S. consumer one-year inflation expectations rose to 3.9%, marking a three-year high and signaling improved labor market confidence. The Federal Reserve's September meeting minutes revealed all 19 policymakers supported the September rate hike, with most

According to Galaxy research, the U.S. government's Bitcoin holdings declined from 332,699 BTC valued at $34.1 billion on January 20, 2025, to 319,086 BTC worth $26.5 billion on October 7, 2025. The reduction represents a loss of approximately 13,613 BTC and $7.6 billion in value over the

Polymarket has initiated live testing of Protocol V2, a comprehensive rebuild of the smart contract infrastructure underlying its prediction markets. The new architecture consolidates market operations around a unified exchange system and pUSD collateral standard. Canary testing is scheduled to cont

Korea Digital Asset (KODA) partnered with global infrastructure firm Figment to enable institutional clients to stake Ethereum held in KODA custody, the company announced on the 8th. The partnership allows clients to earn staking rewards through Figment's