Crypto Markets & On-Chain Ecosystem Developments

According to a chain record monitored by Defimon Alerts, Duelbits has offered a bounty settlement to recover funds stolen following its September 24 hot wallet breach. The platform has traced the stolen funds and identified suspected perpetrators and their associated wallets, exchanges, and

On October 8, 2026, from 11:00 to 11:15 UTC, ETH/USDT fell sharply by 0.50% within 15 minutes, trading in a range of 2,527.62–2,551.99 USDT with an amplitude of 0.96%. Market volatility intensified, with ETH leading major cryptocurrencies lower. ETH fell approximately 1.67% over 24 hours and dropped as much as 4.57% at one point, significantly more than BTC’s roughly 1.5% decline over the same period. The primary driver of this move was BitMine nearing its 5% ownership cap and preparing to stop

According to Odaily, Taiko's Proposal 39 has been executed on both Ethereum L1 and Taiko L2, enabling Permit and Permit2 support in the bridge's ERC20Vault to eliminate separate approval transactions. The upgrade also raises the Ether gas payment limit and deploys new BridgedERC20V2 templates on bot

Ethereum's Sepolia testnet activated the Glamsterdam upgrade on Tuesday, October 6, raising the block-gas limit from approximately 60 million to nearly 200 million to test a larger processing budget for developers. The upgrade aims to assess higher capacity configurations before potential mainnet im

Barcelona leads Polymarket's 2026-27 UEFA Champions League prediction market at a 22.5% implied probability, according to a snapshot retrieved on October 8, 2026. The price places Barcelona ahead of Bayern Munich (14.5%), Arsenal (13.5%), Paris Saint-Germain (12.5%), Real Madrid (10.5%), and

Bitcoin fell to $83,000 today, marking the lowest level of October, as over $700 million in crypto positions were liquidated in 24 hours amid rising Treasury yields and a stronger U.S. dollar. BTC has since recovered to the $83,000-$84,000 range. The $82,500-$83,000 region is now acting as the

According to Sui's official announcement on October 8, the platform's Bitcoin financial infrastructure Hashi will phase in mainnet this month, backed by over $500 million in funding commitments from a coalition of 20+ partners. Hashi enables native BTC to be used as collateral for DeFi

The XRP Ledger is approaching a protocol upgrade window this year that will add atomic transaction capabilities and delegated account permissions. The upgrades are designed to make complex transactions safer and institutional account management more flexible. Under the XRPL amendment system,

From 10:15 to 10:30 UTC on October 8, 2026, BTC fell sharply in the short term, dropping 0.35% within 15 minutes. The price retreated to the 82,734.8–83,076.8 USDT range, with an Ampl of 0.41%. Overall market volatility intensified, but trading volume remained low. The 24-hour Change was -0.87%, with prices fluctuating within the narrow 82,226–83,940 USDT range, representing a typical moderate correction. The primary driver of this move was a significant contraction in macro-level risk appetite.

According to Farside Investors, US spot Bitcoin ETFs recorded $484.9 million in net outflows on Wednesday. BlackRock's iShares Bitcoin Trust (IBIT) led redemptions with $207.7 million, followed by Fidelity's Wise Origin Bitcoin Fund (FBTC) with $105.1 million and ARK 21Shares' ARKB with $101.7 milli

According to XRP Ledger documentation, the protocol is preparing two major upgrades: BatchV1_1 for atomic transactions and PermissionDelegationV1_1 for delegated account permissions. BatchV1_1 allows accounts to bundle up to eight transactions into a single batch with atomic execution, meaning all s

According to BlockBeats, at the Token2049 summit on October 8, BitMine CEO Tom Lee announced the company has set a hard cap at 5% of ETH's circulating supply. BitMine currently holds approximately 6,016,414 ETH, representing 4.9% of the circulating supply (approximately 122.1 million ETH). The compa

According to Reuters, Greece plans to impose a 10% capital gains tax on cryptocurrencies under a draft bill published Thursday, down from the 15% rate officials discussed in June. Crypto gains of up to €500 (about $560) per year would be exempt. The bill is due to be submitted to parliament in

According to the Wall Street Journal, Ripple Prime has expanded into leveraged ETF financing, becoming the first crypto company to own a global multi-asset prime broker. Ripple Prime clears more than $3 trillion annually across markets and serves over 300 institutional customers. The company

Ethereum (ETH) dropped to $2,500 following a 5% weekly decline, pressuring the $2,500–$2,560 support zone as a major corporate buyer approaches its accumulation target. At TOKEN2049 in Singapore on October 7, Bitmine chairman Tom Lee announced the firm needs to purchase approximately 100,000 more ET

According to Chainwire, Project Eleven has partnered with Quantus to integrate the post-quantum blockchain network into Project Eleven's institutional custodial platform Strongpoint. Quantus will serve as a development partner to support the integration, with the rollout expected in Q1 2027.

Ripple integrated Canton Network support into Ripple Custody version 1.43, released October 5. The integration allows institutions to hold and transfer Canton Coin and CIP-56 tokens through Ripple's custody platform, using the same policy engine and audit trail applied to other supported digital