Crypto Markets & On-Chain Ecosystem Developments

Hong Kong's government will submit amendments to establish a licensing regime for virtual asset trading, custody, advisory and management services within the year. Christopher Hui, secretary for financial services and the treasury, announced the plan at an Oct. 5 policy briefing for the

S&P Global Ratings launched its Vault Risk Assessment (VRA), a forward-looking tool designed to evaluate impairment risks in blockchain-based lending vaults, as deposits in the market reached approximately $10

According to RBI Governor Sanjay Malhotra speaking at the Kautilya Economic Conclave on October 3, India supports distributed ledger technology and tokenization but remains cautious about privately issued cryptocurrencies due to concerns over monetary sovereignty, monetary policy independence, and c

According to DefiLlama's October 3 snapshot, 71% of tracked blockchains generated zero fees in 24 hours, highlighting the economic concentration of activity among major networks. Solana led with approximately $1.09 million in daily fees, followed by Tron at $922,900, BNB Chain at $793,900,

According to ChainCatcher, The Rollup founder Andy hinted that Polymarket's POLY token is coming soon, posting 'POLY is coming' on X. Polymarket founder Shayne Coplan indicated in a linked post that he may share further details on the topic at the TOKEN2049 conference in Singapore. No information on

Analyst Jake Claver forecasts XRP reaching $750 by late 2026 or early 2027, reiterating the prediction during a Thursday livestream despite his earlier $100 target for 2025 not materializing. XRP traded at $1.51 with a 1% gain, positioned near the middle of its recent range with immediate

Fireblocks announced the launch of its stablecoin rails with bank pilots currently in production. The infrastructure advancement enables tokenized assets to move on-chain, representing a development in cryptocurrency infrastructure. The announcement came from a recent Fireblocks tweet highlighting t

Arbitrum temporarily halted new Stylus contract activations on Arbitrum One and Nova after AI-assisted development tools lowered the barrier to creating attacks against hand-crafted WebAssembly programs. The Arbitrum Security Council completed the emergency action at 11:30 EST on Oct. 2, 2026,

According to Arbitrum Security Council, on Oct. 2, 2026, Arbitrum paused new Stylus contract activations on Arbitrum One and Nova after AI-assisted development tools increased the ability to create attacks against hand-crafted WebAssembly programs. The emergency measure prevents new Stylus

According to Fireblocks official announcement, the company has launched live stablecoin rails with bank pilots currently in production. The infrastructure advancement enables tokenized assets to move on-chain, marking a critical development in institutional cryptocurrency infrastructure

Blast, an Ethereum layer-2 network, announced on Oct. 5 that it is shutting down operations after operating costs exceeded the revenue generated by the chain. The network stated in a post on X that it had not found a realistic path to an economically sustainable model. Blast's total value locked

According to Hong Kong Financial Secretary Paul Chan, the city will submit legislative amendments by year-end to establish licensing regimes for virtual asset trading, custody, advisory, and management services. The Financial Secretary made the announcement on October 5 as part of the government's r

Optimism is conducting an APAC tour emphasizing the adoption of real-world assets onchain. The tour highlights the importance of corporate and financial integration in blockchain initiatives, with recent engagement involving PacificMeta to showcase how Japan's real-world assets can be brought onchai

Bitcoin trading at $85,500 after reaching as high as $87,000, marking the second rally in a week to stall near the $86,000-$87,000 resistance zone. Last Wednesday's move to $85,500 also faded within hours, and the latest attempt briefly climbed within $500 of the late-September peak near $87,400

Gate News bot message: Gate market data shows that BTC has fallen below 86,000 USDT and is currently priced at 85,996.7 USDT.