Crypto Markets & On-Chain Ecosystem Developments

According to Ledger's announcement Wednesday at TOKEN2049 in Singapore (Oct 7), the hardware wallet provider launched Crypto Loan, a self-custodial feature letting eligible users pledge wrapped Bitcoin in the form of cbBTC or wBTC as collateral to borrow stablecoins USDC or USDT. Powered by Morpho v

BitMine Immersion Technologies will cap its Ether holdings at 5% of the cryptocurrency's supply, Chairman Tom Lee announced on Wednesday during a keynote at Token2049 in Singapore. The company is nearing this threshold after accumulating roughly 6 million Ether, equivalent to about 4.9% of the suppl

Blast announced the closure of its Layer-2 network, citing operating costs exceeding revenue with no credible path to sustainability. ETH traded at $2,600, down more than 3% over 24 hours and below the $2,700 near-term support level. The Glamsterdam upgrade's first public test began on Sepolia on

ADGlobalMarket announced on October 7, 2026, its proposal for DeFi Risk Management Guidance aimed at regulated firms. The guidance establishes best practices in governance, due diligence, monitoring, and client asset safeguards. The consultation period closes on November 30, 2026. The Financial

According to Solana, the network's stablecoin holders have surpassed 14 million, up significantly from fewer than 4 million in late 2024. This growth of over 250% underscores the increasing adoption and confidence within the Solana

According to BitMine Chairman Tom Lee, speaking at the Token2049 keynote in Singapore on Wednesday, the company has set a hard cap of 5% on its Ether holdings. BitMine currently holds approximately 6 million ETH, equivalent to about 4.9% of the cryptocurrency's total supply, and needs

On October 7, 2026, ADGlobalMarket announced a proposal for DeFi Risk Management Guidance aimed at regulated firms. The guidance covers governance, due diligence, monitoring, and client asset safeguards. The consultation period closes on November 30, 2026, with all regulated firms invited to

ANDRA (Adaptable Network Designed for Regulated Assets) has launched an institutional platform for tokenized exchange-traded funds on the Canton Network, following its registration as a U.S. Securities and Exchange Commission transfer agent on September 4. The platform enables ETF issuers to tokeniz

Gyeonggi Southern Provincial Police arrested a cryptocurrency promoter in his 30s, identified as A, for spreading fake news claiming the government planned to restrict individual dollar exchanges. In April, A posted on his SNS that four major banks would limit

BlackRock has stated that autonomous artificial intelligence agents may use stablecoins for transactional payments and Bitcoin for long-term value preservation, linking two major technology trends in the financial industry. The asset manager's thesis centers on increasingly

The Virtual Assets Regulatory Authority (VARA) issued a warning about potential risks associated with new virtual asset projects. The Dubai-based regulatory body highlighted that while these projects can gain attention rapidly, not all are built to last, with rug pulls representing a common scam

Bitcoin has recovered nearly 50% from recent lows, yet market participation remains notably subdued with few buyers and even fewer sellers. K33 Research highlights that seller exhaustion is becoming a pivotal factor in current price action, raising questions about the sustainability of the

Two cryptocurrency wallets owned by Frogman were recently compromised, resulting in the theft of approximately $4 million in digital assets. The stolen funds included 1.43 million BP, 13.96 million MARSCOIN, and 3.7 million CASHCAT, which the attacker subsequently swapped for Ethereum, BNB, and

According to VARA, on October 7, the Virtual Assets Regulatory Authority warned of rising risks associated with new virtual asset projects, emphasizing that rapid attention does not guarantee longevity. The authority specifically cautioned users about rug pulls, a common scam where projects

According to K33 Research analysis, Bitcoin has recovered nearly 50% from its recent lows and is currently trading in the $64,000 to $65,000 range. However, market participation remains notably subdued, with few active buyers and sellers, suggesting potential seller exhaustion that could challenge t

According to Avalanche, on October 2, Kenya's National Examinations Council adopted Avalanche blockchain technology to secure more than 30 million academic records dating back to 1989. The system enables certificate verification to be completed within minutes instead of months, significantly

According to CryptoRank data, global stablecoin holders surpassed 300 million as of October 7. In Q3 2026, BNB Chain led all major blockchains with 13 million new stablecoin holders. Celo, TRON, and Solana each added over 2 million holders during the same period. By September's end, BNB Chain