Crypto Markets & On-Chain Ecosystem Developments

U.S. Treasury Secretary Bessent said at the Ripple Swell conference on October 27 that the failure of the CLARITY Act to pass Congress was disappointing, but the Treasury has “substantial convening power” and can work with the SEC and CFTC to fill gaps in the crypto regulatory framework through regulatory action. He called the two agencies “excellent partners.” On stablecoins, Bessent noted that more than 90% are backed by dollars. Treasury’s Alternative Path: Convening Authority, SEC and CFTC C

According to PANews on October 28, a major PEPE whale address transferred 1.45 trillion PEPE tokens to a new address after remaining inactive for one year, according to on-chain analyst Ai Yi. The address accumulated 4.03 trillion PEPE between May 2023 and August 2024 at a cost basis

According to Hong Kong's Investor and Financial Education Council (IFEC), the council recently warned of multiple risks in secondary market trading of tokenized funds, including price disparity, liquidity risk, price segmentation risk, and market maker dependency. The IFEC highlighted that tokenized

Bitcoin was quoted at $80,700 on Oct. 28, up 0.87% intraday, as its correlation with the U.S. stock market rose to its highest level since late May. Glassnode researchers noted that the cost basis of buyers who entered the market over the past two years is concentrated at $87,000 and above. Profit-taking or stop-loss selling in this range has ended Bitcoin’s rally twice this year, and Bitcoin has typically fallen 25% or more after each selloff. Key Bitcoin Data: $87,000 Has Halted Rallies Twice

According to the U.S. Department of Justice, the FBI's Washington Field Office recently joined international law enforcement partners, including Chainalysis, in seizing the domain virtualine.net. The domain hosted infrastructure used by ransomware operators, information stealers, and credential

According to Galaxy Research, the share of Meme coins in Solana's trading volume has declined from over 50% at the end of 2024 to 15-20% in Q2 2026. Meanwhile, Solana's share of on-chain perpetual futures trading has dropped from 17% to 6%, while SOL has declined nearly 20% year-to-date. Spot and s

According to Blockaid, a Tranche Vault associated with Valinor Digital on Avalanche chain is under attack. Attackers used flash loans to mint an inflated amount of vault shares, then redeemed them to drain remaining USDC from the vault. As of the latest report, approximately $1.01 million in USDC ha

According to The Block, Nasdaq-listed Datavault AI's stock price plunged nearly 50% after the company reported being unable to withdraw BTC from Biconomy since June 2026. The Bitcoin originated from a September 2025 equity transaction with Scilex Holding, where Scilex agreed to purchase Datavault s

Solflare experienced a security incident affecting the validator keys responsible for producing staking rewards on Solana. According to commentator @SolanaFloor, user funds remain untouched, as delegated $SOL stays in users' own stake accounts. The wallet service announced compensation plans for aff

According to ChainCatcher, Core's DAO announced recently that the blockchain is entering a new phase of decentralization. As the DAO transitions block production responsibilities to independent validators, the network has maintained zero downtime during the transition period. Early contributors

According to Alternative.me data, the cryptocurrency Fear and Greed Index rose to 51 today (October 28), up from 48 yesterday, indicating the market remains in a neutral state.

According to The Block, Ark Invest, the investment firm led by Cathie Wood, purchased 35,403 shares of Circle through its ARKW ETF on Tuesday, worth approximately $2.9 million. Circle's stock price rose 2.18% on the day, closing at $81.58 per share.

According to The Defiant, Myriad Markets invalidated 10 prediction markets on October 26 after attackers exploited a compromised internal wallet on BNB Chain. The platform committed to reimbursing users at pre-attack prices on both sides of affected markets, deducting any false profits already