Crypto Markets & On-Chain Ecosystem Developments

Tether signed a memorandum of understanding with the National Bank of Kazakhstan and Alatau City, as reported by Cointelegraph on October 7. The partnership aims to explore cooperation in the digital-asset sector, focusing on stablecoins, asset tokenization, and decentralized finance technology.

According to @0xPolygon, Polygon recorded $25.39 billion in transaction volume during Q3, driven primarily by USDT transfers and comprising 31.66 million transfers. The milestone underscores growing activity and user engagement on the network, with stablecoin transactions forming a significant

According to CoinDesk, crypto trading and market making firm GSR committed $100 million to develop Hare, an on-chain lending product built jointly with liquidity distribution platform Turtle. GSR's funding will be provided as credit lines and deployed as anchor liquidity before external investors en

According to Foresight News, Jumper announced the allocation plan for its JUMP token sale on October 7. The sale accepted $3 million from 9,690 participants with purchase commitments totaling $48.614 million, exceeding the initial $2 million target by 24 times. The hardcap was reached within 18

BitMine, the world's largest corporate holder of Ether reserves, will stop buying the token once it reaches 5% of Ethereum's circulating supply. Tom Lee, BitMine's chairman, made the statement on October 7 at Token2049 in Singapore, according to CoinDesk. The company currently holds

According to CoinGlass, crypto markets saw $697 million in liquidations over the past 24 hours, with long positions accounting for $647 million of the total. A total of 122,944 traders were liquidated during the period. Short positions suffered $50.31 million in liquidations, representing

According to BlockBeats, Hunter Biden released findings from an independent investigation into the LAPTOP token launch on October 7, denying that his team cashed out. He stated that founder tokens remain concentrated in a single wallet unchanged since launch, while his personal tokens are locked

According to Decrypt, Cameron and Tyler Winklevoss filed a spot Zcash (ZEC) ETF application with the U.S. Securities and Exchange Commission on October 7. The product, named Winklevoss Zcash ETF with ticker WINK,

Consensys launched Glamsterdam on the Sepolia testnet, marking a significant advancement for Ethereum's underlying infrastructure. The Besu team successfully proposed the first fork block, ensuring smooth chain finalization. This development positions Ethereum for potential mainnet upgrades,

Aptos Labs announced the MonoMove upgrade proposal on Oct. 7, a major infrastructure change to the execution engine that runs smart contracts on the Aptos blockchain. The upgrade targets financial institutions building blockchain-based trading and settlement systems, addressing performance,

The Arbitrum Foundation launched the Dune Credit Program, offering analysts 2,500 credits monthly to develop and maintain public dashboards. The initiative aims to enhance data analytics within the Arbitrum ecosystem and strengthen the programmable economy. The program addresses growing demand for i

According to Bitmine Chairman Tom Lee at Token2049 on Wednesday, the company will halt Ethereum purchases once its holdings reach 5% of circulating supply. Bitmine currently holds 6,016,414 ETH, representing 4.9% of supply, and needs approximately 100,000 more ETH to hit the threshold. At the compan

According to Arbitrum's official announcement on X, the layer 2 platform will host Founder House in Singapore from October 23-25. The event will bring together notable ecosystem teams including Robinhood and Paxos to support founders and foster innovation in tokenization and programmable

According to the Arbitrum Foundation, it has officially launched the Dune Credit Program, offering analysts 2,500 Dune credits monthly to develop and maintain public dashboards. The initiative is designed to enhance data analytics capabilities within the Arbitrum ecosystem and support the