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The decentralized perpetual contract exchange Deepsigma has launched a real-time simulation trading platform, covering 77 traditional financial markets, including U.S. stocks, stock indices, commodities, and U.S. Treasury yield rates. The platform is developed based on the Cypherium blockchain, driven by a team of alumni from Goldman Sachs, Citadel Securities, Google, and Uber, supporting long and short exposure trading of related assets.Deepsigma's perpetual contracts do not tokenize, custody, or physically deliver the underlying assets but instead track prices through external market data sources. The platform currently supports the S&P 500 Index, Dow Jones Industrial Average, Nasdaq Composite Index, Russell 2000 Index, Cboe Volatility Index, as well as contracts for crude oil, gold, silver, natural gas, and copper. The platform's risk engine employs multiple external price sources, mark prices, circuit breaker mechanisms, partial liquidation, and insurance funds, and uses a central limit order book and clearing layer to handle margin, collateral, and settlement.Deepsigma is also developing a decentralized identity framework based on zero-knowledge proofs and configuring off-chain AI analysis tools with no fund execution permissions; the underlying Cypherium utilizes a hybrid PoW and HotStuff Byzantine Fault Tolerance consensus mechanism, holding 4 U.S. patents.

According to GMGN data, the top 5 tokens with net inflow in the past 24 hours are as follows:FTR (DFMt....ump): Net inflow of $10,000, with a 24-hour increase of 5703.3%, currently priced at $0.0054.PUMP (pump....Dfn): Net inflow of $5,000, with a 24-hour decrease of -0.9%, currently priced at $0.0046.Normie (DzMw....ump): Net inflow of $5,000, with a 24-hour increase of 16.5%, currently priced at $0.0009.RL (BEFJ....A7L): Net inflow of $2,000, with a 24-hour increase of 1221%, currently priced at $0.0001.ASSBOY (Eq9G....i6i): Net inflow of $2,000, with a 24-hour increase of 159.4%, currently priced at $0.0001.

Sui co-founder and Chief Product Officer Adeniyi Abiodun wrote in a review: Several years ago, when the team began to build an L1, the venture capital firms and institutions they contacted suggested that they fork EVM to avoid the difficulties of self-development and to quickly launch another version of a similar product before continuing to advance.Abiodun stated that the team rejected this suggestion because they had a clear judgment on the direction of industry development and believed that replicating a flawed design was not advisable. Therefore, Sui was built from scratch, taking on the corresponding risks and time costs. He mentioned that the current trend aligns with the team's initial judgment, and among the batch of application scenarios people hope to build today, Sui is the only viable option, making the next few years very interesting.

AI financial software Fragment announced on Wednesday the completion of a $12 million Series A funding round. This round is set to close in mid-2025, led by FirstMark and BoxGroup. The company's CEO Thomas Neckel did not disclose the post-round valuation.Fragment was founded by Thomas Neckel, with co-founder and CTO being former Robinhood engineer Varun Mohan. Developers can integrate Fragment into their own software, which uses double-entry bookkeeping to verify the sources and uses of funds, confirming account balances before funds move. Neckel stated that the product is a financial building block for automating business activities for agents.The company previously completed a $11 million seed round led by Stripe, with participants including BoxGroup, as well as Uber CEO Dara Khosrowshahi and Plaid CEO Zach Perret. Fragment claims to currently have about 50 to 60 paying customers, including Ramp, BILL, and Whop, for sharing transaction records and reducing manual reconciliation. FirstMark managing partner Adam Nelson stated that the goal is to become the standard toolkit for providing financial capabilities to agents.

Market news shows that Nvidia has invested in Doctolib, GenesisAI, and Pigment.

According to PRNewswire, 3iQ's UAE entity 3iQ Middle East Ltd has obtained in-principle approval for a Category 4 license from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), marking an important step in establishing regulated operations locally.3iQ stated that this approval is part of its strategy to expand its regulatory footprint in major global digital asset markets. Previously, 3iQ had formed a strategic partnership with the UAE digital asset investment management company Further and provided institutional investors with digital asset investment channels through the 3iQ Managed Account Platform (QMAP), which has attracted $100 million in sovereign capital-related seed funding.

GMGN announces the launch of the global memecoin trading championship Season 1, featuring a 10-day live memecoin trading competition on GMGN, where 6 traders will be selected to participate in the finals in London. Registration for the competition is now open.The qualification rounds will take place from October 17 to 27 (UTC), and participants must use their own funds (up to $2000), create a Solana wallet and an EVM wallet to compete, with rankings based on realized profits and losses. A real-time leaderboard will be provided during the competition, and all trades will be recorded on-chain. Daily champions will receive a platinum GMGN nameplate, and the ultimate champion will win a limited edition Aston Martin Vantage. The organizers will cover the airfare, hotel, and visa costs for the London finals.

According to GMGN data, the top 5 tokens with net inflow in the past 24 hours are as follows:HeeHaw (EEpn....ump): Net inflow of $5,000, with a 24-hour increase of 3830.6%, currently priced at $0.0045.Markodex (7jnN....9JJ): Net inflow of $3,000, with a 24-hour increase of 53.5%, currently priced at $0.0001.BORDR (6Mix....rdr): Net inflow of $2,000, with a 24-hour increase of 5.6%, currently priced at $0.0019.CLAUDIA (2j5S....2ZM): Net inflow of $2,000, with a 24-hour increase of 133.2%, currently priced at $0.001.FI (4At7....ump): Net inflow of $2,000, with a 24-hour increase of 2860.8%, currently priced at $0.0001.

Cryptocurrency trader Bonk Guy posted that he recently suffered a loss of about $100,000 from trading a new token, mainly due to overtrading and continuously consuming capital while chasing new trading pairs and liquidity rotations. The scale of this position far exceeded his usual investment in similar trades.Bonk Guy reflected that the common point of several recent losses was relying on others' judgments rather than establishing his own investment beliefs. He stated that most of the profits in this cycle came from independent judgment and sticking to positions, but after achieving success, he gradually became complacent and started making unnecessary trades.Bonk Guy emphasized that sometimes the best trade is no trade at all, and he will focus more on opportunities that he truly believes in for investment, even if it means missing out on some market movements.

On October 8, the IMF published a blog based on Chapter 3 of the Global Financial Stability Report for October 2026, indicating that the tokenized market is growing rapidly but remains very small and highly fragmented. The average daily trading volume of tokenized repurchase agreements is about $300 billion to $350 billion, while other tokenized assets amount to about $65 billion, compared to an average daily volume of about $13 trillion in the U.S. repurchase market, and a total global capital market asset size of $300 trillion.The report points out that investors have shown interest in certain tokenized features, with more than half of the trades occurring outside traditional market hours, and about 80% of tokenized stock trades being less than 1 share. However, the tokenized market has lower liquidity and higher volatility than traditional markets, and cross-platform fragmentation weakens network effects. The IMF believes that legal certainty, regulatory clarity, interoperability, and secure settlement assets are four mutually reinforcing constraints.The report also warns that scaling up could amplify traditional financial risks such as sell-offs, liquidity squeezes, and contagion. Policymakers should adopt a technology-neutral approach, clarify the legal rights of tokenized assets, ensure consistent regulation for similar activities, support interoperability between tokenized platforms and the traditional financial system, and continuously monitor interconnectedness, leverage, and liquidity risks.

According to informed sources, Solidigm, a subsidiary of SK Hynix's flash memory business, has selected Goldman Sachs and Morgan Stanley as the lead underwriters for its U.S. IPO, planning to go public as early as 2027, aiming to raise approximately $10 billion, with a valuation potentially reaching $100 billion. JPMorgan Chase, Citigroup, and UBS will also participate in this issuance, and Solidigm is simultaneously preparing for pre-IPO financing.Solidigm was formed from the restructuring of Intel's flash memory business acquired by SK Hynix in 2021, and currently focuses on providing high-capacity solid-state drives for AI data centers. In August of this year, the company reached a multi-year partnership agreement with CoreWeave to provide enterprise-level storage support for its AI cloud platform. SK Hynix responded that Solidigm is evaluating various options to enhance business competitiveness, and specific IPO plans have not yet been confirmed.

Trader Frogman confirmed on platform X that assets worth 4 million dollars were stolen. He also stated, "I'm not sure how it happened yet, but I'm currently in Singapore. Thanks to the teams and individuals helping with the investigation. I will share more information as much as I can."This morning's news reported that trader Frogman's wallet, containing approximately 4 million dollars in assets, was transferred and sold, exchanged for ETH, BNB, and SOL, and then dispersed using tools like Privacy Cash and Chainflip.The stolen assets involve 9 types of tokens, including 1.43 million BP, valued at approximately 1.77 million dollars; 13.96 million MarsCoin, valued at approximately 1.55 million dollars; and 3.7 million Cash Cat, valued at approximately 510 thousand dollars. The address of the stolen wallet has been flagged.

According to on-chain analyst Yu Jin's monitoring, trader @frogmanhaha's wallet (0x14...5794, 9wMS...ov8z) was suspected to have been hacked about 5 hours ago, with 9 types of assets worth approximately 4 million dollars being transferred, sold, and exchanged for ETH, BNB, and SOL, and then dispersed through tools like Privacy Cash and Chainflip.The stolen assets mainly include 1.43 million BP, worth about 1.77 million dollars; 13.96 million MarsCoin, worth about 1.55 million dollars; and 3.7 million Cash Cat, worth about 510,000 dollars.

European Central Bank Executive Board member Piero Cipollone stated during the MNI Connect Webcast that without a pan-European digital payment solution covering various daily transactions, the fragmentation risk between tokenization platforms may increase, thereby undermining Europe's "resilience and monetary sovereignty." He pointed out that the goal of the European Central Bank should be to create a digital euro that can be exchanged between banks and used for daily transactions.Cipollone emphasized, "Our goal is not to replace the role of banks." He stated that the digital euro will provide banks with the infrastructure needed to compete in the digital age and help banks expand the coverage and application scenarios of their own solutions.According to him, the European Central Bank has not yet decided whether to issue a digital euro but plans to complete the legislative process by the end of 2026. If the project advances, a 12-month pilot program will be launched in the second half of 2027, with a potential official issuance in 2029. The European Central Bank first proposed introducing a digital euro in October 2020 as a complementary digital payment option to cash. Critics argue that the central bank digital currency could give EU officials the means to monitor or even control residents' spending. Cipollone stated in September 2025 that the digital euro will ensure that all Europeans can use a free and widely accepted digital payment method at any time, even in the event of significant disruptions.

The AI merger analysis platform Comparables.ai announced the completion of a $6 million seed round financing, led by Pragmatech and Araya Ventures, with participation from Purple Ventures, Gorilla Capital, hi5 Ventures, Somersault Ventures, and other institutions.

ChainCatcher live report from the OKX NOW Global Product and Ecosystem Conference (Singapore), where Ethereum co-founder Vitalik Buterin delivered a keynote speech. He stated that AI is both the biggest opportunity and the biggest risk for the current industry development.He believes that the industry is moving beyond the narrative of "blockchain + programmable value," with new features such as "programmable data" realized through zero-knowledge proofs (ZKP) emerging.Vitalik expects that privacy protocols on Ethereum will rapidly mature, and within the next two years, most people are likely to use these technologies in an "unperceived" manner.

According to on-chain analyst @ai_9684xtpa, 6 hours ago, GMGN transferred 11,999.5 ETH to the Coinbase Batch Staking address for staking.It is worth noting that a week ago, GMGN deposited ETH worth 16.38 million dollars into the trading platform, suspected to be for sale.

According to GMGN data, the top 5 trending sector tokens in the past 24 hours are as follows:Human (8nPo....MBC): Currently priced at $0.0018, market cap of $1.75 million, 24h increase of +45.8K%, 24h trading volume of $23.91 million, number of trades 171,734;HIGGS (DoVA....ump): Currently priced at $0.0009, market cap of $810,000, 24h increase of +23.3K%, 24h trading volume of $23.12 million, number of trades 197,082;Agency (7Ver....ump): Currently priced at $0.0123, market cap of $11.76 million, 24h decrease of -25.5%, 24h trading volume of $24.53 million, number of trades 89,238;ZEC (A7bd....XaS): Currently priced at $1340.5, market cap of $200 million, 24h increase of +2.6%, 24h trading volume of $16.63 million, number of trades 93,372;SI (DEW9....WDP): Currently priced at $0.033, market cap of $32.81 million, 24h decrease of -14.4%, 24h trading volume of $12.04 million, number of trades 45,614;