Crypto Markets & On-Chain Ecosystem Developments

According to CoinDesk and ethPandaOps data, Ethereum's Glamsterdam upgrade activated on Sepolia on October 6, raising the block-gas limit from about 60 million to nearly 200 million. By early October 8, sampled blocks were using only 52 million to 92 million gas—26% to 46% of the new

According to ChainCatcher, the European Securities and Markets Authority (ESMA) issued guidance on Thursday (October 8) requiring EU crypto firms to cease providing services related to non-compliant stablecoins under the Markets in Crypto-Assets Regulation (MiCA) framework. The deadline for

According to BlockBeats, on October 8, whale 0x020c (Huang Licheng) holds approximately 36,200 ETH in a 25x leveraged long position worth about $92.88 million with an average entry price of $2,646.10, currently showing an unrealized loss of roughly $2.83 million. ETH is trading around $2,568,

ALGO surged 10.95% in one hour, with its price jumping from $0.1251 to $0.1388. This upward movement occurred amid a notable increase in network transactions across the Algorand blockchain. The broader crypto market displayed mixed signals during this period, yet ALGO's price action stood out with a

Sui Network announced plans to launch its Hashi mainnet this month, securing over $500 million in committed capital. The rollout includes a partnership with Anchorage, which will provide qualified custody and stablecoin liquidity. The launch aims to impact Sui Network's market positioning and

According to Jeff Yan, the founder of Hyperliquid, on October 8 at the DAS 2026 Asia Summit, he would potentially research options if he were building again and barred from focusing on infrastructure. Yan noted in his Empire podcast interview that while perpetual futures satisfy many users, some

ALGO surged 10.95% in one hour today, climbing from $0.1251 to $0.1388, driven by increased network activity. The 24-hour gain reached 17.13%, with trading volume hitting approximately $7.2 million, reflecting strong investor interest. The price spike aligns with a notable rise in on-chain

Gate News reports that, according to an official announcement from the Cybro (CYBRO) project, the Cybro (CYBRO) token will be swapped for a token under an entirely new contract at a 1:1 ratio. Gate will support this token swap, and CYBRO tokens held on the platform will automatically participate in the swap. Gate has suspended CYBRO deposits and will suspend withdrawals on Oct. 9, 2026, at 11:00 (UTC+8). Trading will not be affected during the token swap. The new Token Contract Address is 0xA997

According to Second, the Ark Protocol implementation project disclosed that its server was attacked on Monday, resulting in a loss of 0.75 Bitcoin, valued at approximately $62,300 in self-owned funds. The team confirmed user assets were not impacted and completed repairs within hours. Attackers

AguilaTrades, a crypto trader with a history of 33 liquidations and over $37 million in losses, deposited $499,000 USDC into the Hyperliquid exchange after a six-month absence. The trader plans to open a 40x leveraged long position on Bitcoin totaling approximately $16.58 million, with a liquidation

Bitcoin is experiencing weak spot demand and declining open interest in futures markets, according to on-chain analytics platform CryptoQuant. The firm identifies the $69K price level as a critical support point in current market conditions. CryptoQuant attributes the weakness to cautious trader

According to Sui's official announcement, the network has launched Circle CCTP V2, enabling native USDC to be transferred between Sui and 29 other supported chains. The minting rights remain held by Circle, with Sui's USDC supply sourced directly from the

According to Odaily, on October 8, community member ugurmersin proposed transferring control of Compound's Ecosystem Protection and Continuity Fund (EPCF) and Mainnet Chainlink SVR income from Compound Foundation's Safe to a Community Multisig with a 5-of-9 signature requirement. The proposal

According to Foresight News, Circle and SAP-backed financial services company Tereina integrated USDC and EURC into Tereina's payment infrastructure, with SAP Cloud ERP as the initial deployment phase. Eligible enterprises can now send and receive stablecoin payments through SAP Pay within

Origin Protocol (OGN) surged 18.47% to reach $0.02681 within one hour, according to market data. The token's 24-hour trading volume reached $7,060,515.15, with the asset posting a 27.97% gain over the past 24 hours. OGN traded between a daily low

South Korea's Financial Services Commission will examine whether financial institutions were involved in the KOK Coin scandal, which caused about $1.88 billion in losses. FSC Chairman Kim Byoung-hwan made the remarks during a parliamentary audit by the National Assembly's Political Affairs

Gate News message, the crypto market has returned to risk-on mode starting in Q3. Q3 marked a broad market reversal after two weak quarters. Median altcoin returns surged from -21.4% in Q1 and -11.5% in Q2 to +49.6% in Q3. Bitcoin followed the same pattern, rising from -22.1% in Q1 and -14.2% in Q

Ripple announced today (October 8) that Ripple Prime has expanded its relationship with Brevan Howard, a global alternative investment manager with $35 billion in assets under management, to provide multi-asset prime brokerage, clearing, and financing services. The relationship builds on Brevan Howa

According to Lookonchain monitoring, AguilaTrades returned to trading on October 8 after more than six months of inactivity. The account deposited 499,000 USDC on Hyperliquid and initiated a 40x leveraged long position on 200 BTC (worth $16.58 million), with a liquidation price of $81,466.75. Aguil

According to StarkWare CEO Eli Ben-Sasson on October 8, Starknet is considering transitioning from Layer 2 to Layer 1 to independently manage its quantum-safe migration, addressing cryptographic risks posed by quantum computing and AI. Currently, Starknet relies on Ethereum's base layer security as