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U.S. Stocks End Three-Session Losing Streak; Dell Surges More Than 15% on Better-Than-Expected Earnings, While Treasury Yields Nearing 5% Raise Concerns About a Global Pullback
U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.
SPYX+0.57%
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Evernorth Completes SPAC Merger with Armada Acquisition Corp. II
Ripple-backed XRP treasury company Evernorth has completed its merger with SPAC Armada Acquisition Corp. II. Approximately 473 million XRP and $300 million in cash will enter the public market, with trading on Nasdaq under the ticker XRPN expected to begin next week. Evernorth’s 8-K filing with the U.S. SEC shows that the merger closed on October 9, U.S. Eastern Time.
XRP+1.02%
Trump: Putin Agrees to Immediately Supply 300,000 Tons of Diesel to the U.S. and Global Markets
According to PANews, on October 10, Trump said on Truth Social that his call with Putin was very successful. The two sides agreed to immediately supply more than 300,000 tons of diesel to the United States and global markets, followed by another 500,000 tons in November and then another 1 million tons. Depending on refinery conditions, Russia will also deliver 3 million tons of diesel within a short period. Trump said that, with control of the Strait of Hormuz and this energy agreement, diesel prices will fall rapidly, and reiterated that Iran will not possess nuclear weapons.
Robinhood Chain Evaluates Arbitrum’s New Paid Transaction Ordering Technology
ME News, October 10 (UTC+8) — Robinhood Chain is evaluating Arbitrum’s improved paid transaction ordering technology. This technology allows paid transactions to receive ordering priority. Robinhood Chain currently uses a first-come, first-served transaction ordering mechanism and has not adopted Time Boost, which Arbitrum initially introduced.
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Trump Pushes to Invoke the Defense Production Act to Increase Oil Production
ME News reports that on October 10 (UTC+8), U.S. President Trump will instruct officials to invoke the Defense Production Act to increase oil and fuel production, aiming to control diesel prices. The directive may be issued in the form of a presidential memorandum, bypassing local and state regulations. Currently, U.S. diesel prices are near historic highs. (Source: ChainCatcher)
Catcher Predict: “Counter-Strike: Team Falcons vs Spirit - ESL Pro League Playoffs” A whale bought $259,514.06 of “Match Winner” in a single transaction
ME News, October 10 (UTC+8) — According to on-chain data monitored by Catcher Predict, a large fund movement occurred on the prediction market Polymarket. A whale purchased $259,514.06 in a single transaction for “Match Winner” in the event “Counter-Strike: Team Falcons vs. Spirit - ESL Pro League Playoffs.” Based on the current trading price, the latest implied win probability for this outcome is.
The SEC will host a crypto asset session for investment advisers at its November compliance conference.
ME News, October 10 (UTC+8) — According to the agenda released by the U.S. SEC, the SEC will add a special briefing on crypto assets to its National Compliance Outreach Seminar for investment companies and investment advisers, to be held on November 19. Taylor Lindman, chief counsel of the SEC’s Crypto Task Force, will participate as a speaker, while staff from the Division of Examinations and the Division of Investment Management will also attend. The seminar will be held online, and advance registration is not required. (Source: PANews)
Strike Launches Stacks Savings Buckets, Allowing USD Cash Balances to Earn 3.6% Bitcoin Interest
ME News reported that on October 10 (UTC+8), Bitcoin News posted on X that Strike launched the Stacks Bitcoin savings envelope system, allowing users to divide their holdings into up to 5 custom-named buckets. Each bucket supports fee-free recurring purchases. Transfers between Stacks and the main balance are fee-free and unlimited, but funds must first be transferred back to the main balance before they can be withdrawn. On the same day, Strike added 3.6% interest on USD cash balances, paid in Bitcoin, while the relevant assets remain held by Strike.
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A User Had All 80 BTC Stolen After Purchasing a Ledger from CryptoBillis
ME News, October 10 (UTC+8) — According to monitoring by Lookonchain, a user bought 80 BTC four months ago at an average price of approximately $65,000 (about $5.2 million), at one point recording an unrealized profit of $1.38 million. About a week ago, the user purchased a Ledger device from the dealer CryptoBillis and deposited all 80 BTC into it. The entire amount has now been stolen. On-chain data shows that the BTC was deposited on September 29 and transferred on October 9 to a theft address previously flagged by analysts. (Source: PANews)
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Mt. Gox’s former CEO says he found a Ledger hardware wallet implanted with a spyware module capable of sending mnemonic phrase information via LTE
ME News reported on October 10 (UTC+8) that former Mt. Gox CEO Mark Karpelès disclosed that a Ledger hardware wallet he received appeared to have been implanted with a spy module. The device came from Malaysia, and the shrink wrap on the outer packaging was intact. Even after opening it, the anomaly was difficult to detect immediately, as the implant was hidden in the position where the screen’s original cushioning pad should have been. Karpelès further explained that the module contained an LTE communications component, an antenna, an eSIM, and a microcontroller connected to the Ledger SPI bus. It could analyze the characters displayed by the device to the user and send the relevant data after the recovery phrase setup was completed. The attacker could then monitor the victim’s wallet addresses and choose an opportune time to transfer the assets. He reminded users to follow Ledger
Ledger Hardware Supply Chain Attack May Have Been Exposed Before Large-Scale Wallet Fund Transfers, Former Mt. Gox CEO Mark Karpelès Warned
Karpelès pointed out that Ledger devices may contain hidden surveillance devices and SIM cards capable of stealing seed phrases and capturing screen displays, triggering fund transfers from multiple wallets; the initial suspicion is a hardware supply-chain compromise, but whether it is directly related to the transfer incident has not yet been confirmed.
BTC+1.07%
TruGolf Holdings Completes Acquisition of Polymath Research, Enters Institutional-Grade Asset Tokenization Business
ME News reported that on October 9 (UTC+8), Nasdaq-listed TruGolf Holdings announced the completion of its acquisition of Canadian asset tokenization company Polymath Research Inc. Polymath Research Inc. focuses on institutional-grade asset tokenization and is responsible for developing Polymesh, a Layer 1 blockchain for regulated assets. Following the completion of the acquisition, Polymath Research Inc. will operate as a wholly owned subsidiary of TruGolf Holdings. TruGolf Holdings will continue its existing businesses, including golf simulators and the E6 platform, establishing two business lines: golf technology and blockchain infrastructure. As of December 2025.
POLYX+2.58%
French Interior Ministry: 90 crypto asset-related kidnapping, extortion and other cases recorded through mid-August this year
ME News reported on October 9 (UTC+8) that, according to data provided by France’s Ministry of the Interior, France recorded 90 cases involving cryptocurrency-related kidnappings, extortion, threats, and violent robberies between January 1 and mid-August 2026, averaging approximately one case every two and a half days. From January through July this year, 223 people were arrested and 126 were imprisoned in connection with related cases. The ministry said that no comparable statistics were available for 2025, making a direct year-on-year comparison impossible. (Source: PANews)
Losses from the Ledger security incident near $90 million, Tether freezes a large amount of USDT in the involved addresses
MistTrack reported that Tether has frozen large amounts of USDT across multiple addresses related to the incident, with the losses approaching $90 million. Some affected users have contacted the team for assistance, and MistTrack is following up on the relevant cases. As of now, the specific cause of the incident, the affected protocols, and the attacker’s identity have not been disclosed.
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BTQ Technologies Partners with MoonPay Korea to Provide Post-Quantum Security Technology for KRW Stablecoin Infrastructure
ME News, October 9 (UTC+8) — Nasdaq-listed BTQ Technologies announced a strategic partnership with MoonPay Korea to provide post-quantum cryptography (PQC) security solutions for its Korean won-supported stablecoin infrastructure. The two parties will jointly develop a quantum migration roadmap and conduct a proof of concept for BTQ’s Quantum-Safe Stablecoin Network (QSSN) with Korean banking institutions, exploring quantum-resistant security mechanisms covering stablecoin issuance, distribution, wallets, and settlement. MoonPay Korea is building infrastructure connecting South Korea’s emerging stablecoin market with MoonPay’s global network. MoonPay’s global network covers approximately 180 countries and regions, with more than 35 million customers and over 1,500 corporate clients. This collaboration
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Analysis: Bitcoin rebounds above $83,000, while the Ledger security incident fails to trigger significant selling pressure
ME News reported that on October 9 (UTC+8), Bitcoin briefly fell to $80,350 on Thursday before rebounding. It climbed back above $83,000 at the U.S. stock market open on Friday and then fluctuated around $82,500. Despite reports that Ledger hardware wallet users had their funds stolen, the crypto market has yet to see significant selling pressure. Analysts believe that Bitcoin may remain range-bound before the U.S. CPI data is released on October 14, with a primary trading range of $81,300 to $86,500, and may repeatedly test $84,000. The market is also watching whether Bitcoin can hold the key level of $82,500 before the weekly close. (Source: ODAILY)
BTC+1.07%
Chivo Wallet Taken Over by Former Visa and JPMorgan Executives, Will Offer Microloans and Other Services
ME News reported on October 9 (UTC+8) that Linguard Labs is a fintech infrastructure company headquartered in California, USA, founded by former Visa Head of Mobile Innovation Drew Weinstein, with former JPMorgan Global Chief Architect John Davies serving as Chief Technology Officer. Linguard Labs has obtained El Salvador
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“DOTA 2: Team Spirit vs Aurora (BO3) - BLAST Slam Playoffs” 24H trading volume reached $1.5M
ME News reports that on October 9 (UTC+8), prediction market data showed that the 24-hour trading volume for “DOTA 2: Team Spirit vs Aurora (BO3) - BLAST Slam Playoffs” reached $1.6M, with market participation increasing significantly.
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Federal Reserve Survey: Nearly One in Five U.S. Households Have Fallen Behind on Loan Payments, Debt Repayment Pressure Reaches Highest Level Since 2013
ME News reported on October 9 (UTC+8) that the Federal Reserve’s latest Survey of Consumer Finances shows that debt pressures on U.S. households are intensifying, with more borrowers falling behind on loan payments or needing to use a larger share of their income to repay debt. The survey showed that the median U.S. household debt service-to-income ratio rose to 15.4%, up 2 percentage points from 2022. The Federal Reserve noted that this may be related to rising mortgage and consumer loan interest rates during the same period. Meanwhile, the proportion of households with a heavy debt repayment burden rose from 6.5% in 2022 to 8.6% in 2025, reaching its highest level since the survey began in 2013. For these households, debt payments accounted for at least 40% of income. More notably, from 2022 to 2025, the proportion of households reporting loan delinquencies surged from approximately 12% to nearly 20%. These data indicate that as borrowing costs rise
U.S. mega-cap cloud companies’ stocks rose across the board, with Microsoft and Amazon both gaining more than 2%.
ME News, October 9 (UTC+8), according to data from MSX.COM, shares of major U.S. hyperscale cloud providers rose across the board. Alphabet Class A shares rose 1% to $351.745 per share, with a total market capitalization of $4.30 trillion. Microsoft shares rose 2% to $533.060 per share, with a total market capitalization of $3.96 trillion. Amazon shares rose 2.42% to $260.210 per share, with a total market capitalization of $2.81 trillion. Oracle shares rose 5.37% to $142.455 per share, with a total market capitalization of $431.9 billion. (Source: ODAILY)
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