Crypto Markets & On-Chain Ecosystem Developments

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US Senator Questions Cantor Fitzgerald–Tether Ties as Lutnick Family’s Returns Exceeding $250 Million Face Scrutiny

U.S. Senator Richard Blumenthal wrote to Cantor Fitzgerald Chairman Brandon Lutnick on Oct. 9, asking the company to explain its relationship with Stablecoin issuer Tether. According to Blumenthal, Howard Lutnick has gained more than $250 million since Trump returned to the White House. Blumenthal’s Inquiry Requirements Based on the requests made by Blumenthal in the letter, Cantor Fitzgerald must provide the following information: Tether compliance monitoring mechanisms: Explain how Cantor moni
USDT+0.00%
Bisc·10-09 03:11
美參議員質詢Cantor Fitzgerald與Tether關係

A cybersecurity consultant hacked Uranium Finance twice and siphoned off $55 million, using the stolen funds to buy Pokémon cards

According to the verdict handed down by a federal jury in the Southern District of New York on October 7, following a six-day trial, 36-year-old cybersecurity consultant Jonathan Spalletta was found guilty on all charges related to his two attacks on the DEX Uranium Finance on BNB Chain, stealing nearly $55 million in total. Some of the stolen funds were converted into high-value collectibles, including Pokémon cards. Spalletta Attacked Uranium Finance Twice According to prosecutors’ statements
BNB-0.76%
Bisc·10-09 03:07
資安顧問兩度駭入Uranium Finance捲走5500萬美元

RLC Surges 10.51% in 60 Minutes Amid Social Media Activity

RLC surged 10.51% in 60 minutes, climbing from $0.8391 to $0.9273, with trading volume reaching approximately $28.13 million over 24 hours. The source attributes the movement to increased social media activity and community engagement. The cryptocurrency demonstrated a 32.89% increase over the 24-ho
RLC-1.80%
GateEcosystemHub·10-09 03:02
RLC Surges 10.51% in 60 Minutes Amid Social Media Activity

Bitcoin Plunges to 83,511, Crypto Market Sees 110,000+ Liquidations on October 9

According to Yi Caifin, the crypto market crashed on the evening of October 9, with Bitcoin plunging over 3% to $83,511, marking a one-week low. Ethereum fell nearly 5%, while SOL, XRP, HYPE, and ZEC declined over 3-4%. Coinglass data showed over 110,000 traders were liquidated in the past 24
BTC-0.67%
ETH-1.26%
SOL-0.77%
XRP-1.15%
HYPE+0.24%
GateNews·10-09 02:52
Bitcoin Plunges to 83,511, Crypto Market Sees 110,000+ Liquidations on October 9

IMF: Tokenized stocks are 1.5 times as volatile as those in traditional markets, with total RWA reaching $65 billion

According to an analysis released by the IMF (International Monetary Fund) on October 9, while the tokenized financial market is growing rapidly, it faces three major obstacles: insufficient liquidity, poor interoperability, and an underdeveloped regulatory framework. The realized volatility of tokenized stocks is approximately 1.5 times that of equivalent traditional assets, and more than half of all transactions occur outside regular U.S. stock market trading hours. As of July, the total outst
RWA-0.39%
Bisc·10-09 02:50
IMF警告代幣化股票波動率達傳統市場1.5倍

OGN (Origin Protocol) surged 84.97% in 24 hours.

Gate News, Oct. 9 — According to Gate market data, as of press time, OGN (Origin Protocol) is trading at $0.04287, up 84.97% over the past 24 hours, having reached a high of $0.05354 and pulled back to a low of $0.02247, with 24-hour trading volume reaching $2.9 million. Its current market cap is approximately $32.177 million. Origin Protocol is one of Ethereum's oldest DeFi projects, featuring multichain functionality and offering tremendous opportunities for yield generation across the entire
OGN+0.18%
GateNews·10-09 02:45
OGN (Origin Protocol) surged 84.97% in 24 hours.

Ethereum researcher: AI could crack ECDSA within months, exposing the public keys associated with 6 million BTC

According to CoinDesk, Ethereum Foundation core researcher Justin Drake posted a warning on October 7 that AI-driven mathematical breakthroughs could crack ECDSA cryptography within “months, not years,” urging large institutions to enter “bunker mode” and strengthen their defenses. Vitalik Buterin acknowledged that the risk exists but strongly opposed panic-driven wallet migrations by the community. Justin Drake’s October 7 Warning: AI Mathematical Breakthroughs Could Crack ECDSA Within Months,
ETH-1.26%
BTC-0.67%
COIN-2.29%
Bisc·10-09 02:44
以太坊研究員警告AI數月內破解ECDSA

CAW (CAW) surged 250.41% over 24 hours.

Gate News reported on Oct. 9 that, according to Gate market data, CAW (CAW) was priced at $0.00000002 as of press time, up 250.41% over the past 24 hours. It had reached a high of $0.00000003 and fallen to a low of $0.00000001. Its current market cap is approximately $15.3078 million. CAW is a memecoin first launched on the Cronos chain by the CRO CROW community. CRO CROW is the first NFT deployed on the Cronos chain, at block 946. CAW is a decentralized memecoin with 100% of its supply in circu
CRO-2.47%
GateNews·10-09 02:37
CAW (CAW) surged 250.41% over 24 hours.