xten

The team behind Revolut has launched the perpetual contract platform Extended and released the XTEN token economic description. XTEN is the native token of the Extended ecosystem, with a maximum supply of 1 billion tokens, minted all at once at genesis, and the supply cap cannot be increased. The community airdrop allocates 300 million tokens, accounting for 30% of the total supply, which will be fully unlocked at the Token Generation Event (TGE). The portion unlocked at TGE accounts for approximately 32.9% of the total supply, with a maximum circulating supply of 30% of the total. XTEN staking will go live simultaneously with TGE, with League level thresholds starting from 500 XTEN.Founders, team members, and investors will collectively receive 500 million tokens, which will not be unlocked before the end of a 12-month cliff period. After the cliff period, the founders and team will release tokens linearly in 36 equal installments from the 13th month to the 48th month; investors will unlock 25% in the 12th month, with the remaining 75% released monthly until the 48th month. The ecosystem allocation is 200 million tokens, of which 150 million will enter the emission reserve as the sole source of staking rewards, and emissions will stop once this reserve is exhausted; 50 million tokens will be allocated to the ecosystem fund, with 28.589286 million tokens unlocked at TGE but stored in a public wallet, with further announcements to be made before deployment. In the community allocation, 17.384355 million tokens correspond to the internal market-making platform of the operating entity X10 Ltd., obtained according to the points system, and the tokens are owned by X10 Ltd.To receive the airdrop, users must sign the terms within the app; the signing window will be announced separately, and any unaccepted allocations before the window closes will be transferred to the ecosystem fund. The staking balance determines the discount on transaction fees, additional yield multipliers for the Vault, deposit limits, and alliance revenue multipliers, with staking discounts ranging from 5% for Pawn tier to 30% for King tier. Unstaking will have a 7-day queue, during which no rewards will be counted, and it will not affect the level. XTEN will natively support Circle's CCTP, and Extended claims it is the first third-party token to launch on Arc with native CCTP support. Due to considerations related to MiCA, XTEN will not be available for EU users on Extended at the time of spot launch, but European point holders can still claim, hold, stake, and transfer. The TGE date, claiming window, and emission schedule will be announced separately, with the issuer being Extended Ecosystem Limited, and the white paper has been reported to the Cyprus Securities and Exchange Commission (CySEC).

The Hong Kong Stock Exchange will extend the after-hours trading session for derivatives. Starting from March 2027, the closing time for the after-hours trading session for derivatives on the Hong Kong Stock Exchange will be extended from the current 3:00 AM to 4:15 AM.The Hong Kong Stock Exchange will consider whether to further extend the closing time to 5:15 AM in November 2027 based on the market development after the extension of the after-hours trading session. Under the new arrangement, market participants can flexibly manage risks in response to external market conditions outside of Hong Kong's daytime trading hours.

According to the International News Agency report, Russia has extended the diesel export ban until January next year.

On October 30, security researcher Paul McCarty (6mile) posted on the OpenSource Malware blog that Anthropic's Claude Code VS Code extension was tampered with that day, and a malicious version 2.1.313 was published to the Open VSX registry. The extension is identified as anthropic.claude-code@2.1.313, and a 66-line loader was inserted before the normal extension code in the main JavaScript package. The researchers stated that currently, only the analyzed Open VSX version has been confirmed as a malicious sample, and a threat report has been submitted for the same version in the Microsoft VS Code marketplace out of caution.The article states that the unpacked extension and bundled binaries are consistent with the normal version, with differences only in extension.js. The extension loads this file after VS Code starts and when the Webview opens, triggering without the user needing to initiate a Claude conversation. The loader writes an attacker key labeled svc-telemetry to the user's SSH configuration, attempts to enable local SSH services, establishes a reverse tunnel to 134.209.82.225, and sets persistence on macOS, Linux, and Windows, then sends host reconnaissance information to port 8099 at that address via unencrypted HTTP. No additional executable files or scripts are downloaded during the injection phase.The researchers stated that the owner of the affected Open VSX extension is Anthropic employee Igor Kofman, and it is currently unclear whether his account or another release link was exploited; Dean Hardcastle informed him at the time of the incident. The article clarifies that the source of the analyzed directory has not been established, and the related findings cannot independently prove that Anthropic's official marketplace or distribution infrastructure has been compromised; the identity of the attacker and the ownership of the infrastructure have also not been verified. The text suggests searching for related file paths, key annotations, and startup items, blocking ports 22 and 8099 of 134.209.82.225, and rotating credentials accessible by affected accounts on a clean system.

MetaMask has set Stellar as the default network for mobile applications and browser extensions. Existing multi-chain accounts will receive Stellar addresses derived from their mnemonic phrases and will support XLM, USDC, and Soroban tokens.

The bank-oriented blockchain project Rayls announced that investors and the team have extended the vesting arrangement for the RLS token. The relevant tokens will be unlocked monthly over four years starting from May 2027, replacing the original unlocking plan scheduled for December 2026.Rayls stated that combined with the lock-up extension announced by the core developer Parfin in August this year, the two arrangements will reduce the circulating RLS by approximately 1.2 billion by 2027, about 25% less than the original plan. At the same time, over 500 million RLS will still be locked as of December 2026. Rayls claimed that the adjusted unlocking pace is slower and smoother. The project is positioned as on-chain infrastructure serving banks, with investors including ParaFi Capital, Framework, Valor Capital, and Alexia Ventures.

The self-custody wallet Kraken Wallet under the cryptocurrency trading platform Kraken announced on X that the Kraken Wallet browser extension is now live. The official source then provided the download link to the Chrome Web Store, allowing users to install and use it in their browsers.Washington Sanchez, the product lead for Kraken Wallet, introduced that the extension supports multiple networks including Bitcoin, Ethereum, Solana, Ink, Base, and Robinhood Chain. Users can create and import wallets using mnemonic phrases or private keys, with private key support including BIP39. Users can also utilize a watch-only wallet or log in using email, Google, Apple, and passkeys. The extension supports single-chain and cross-chain exchanges as well as cross-chain bridging, with a fee of 10 basis points.

According to an official report from Cointelegraph, the competition among cryptocurrency exchanges is undergoing transformation, with the industry's focus gradually shifting from trading data to users' broader daily financial needs. During TOKEN2049, Gate officially launched a one-stop financial service application, Gate Money, to lead this new competitive landscape.Dr. Han, the founder and CEO of Gate, pointed out that Gate Money aims to break down the barriers between traditional investments and daily consumption. It integrates users' named bank accounts, fiat currencies, cryptocurrency assets, and traditional financial holdings such as stocks and gold into the same account system, combined with the Gate Card that supports Apple Pay and Google Pay, as well as a Visa co-branded card, granting assets instant consumption capabilities. It also integrates various fiat currency deposits and withdrawals, on-chain transfers, instant exchanges, and up to 3.6% annualized wealth management, achieving a one-stop experience for asset management, appreciation, and payments.While expanding its business, Gate always places compliance and transparency at its core. Currently, the platform has obtained compliance qualifications in Malta, Dubai, Australia, and the United States; the platform's total reserves amount to $8.688 billion, with a comprehensive reserve ratio of 118.49%. The launch of Gate Money marks Gate's acceleration towards upgrading into a comprehensive financial ecosystem that encompasses daily payments and comprehensive asset management.

Binance will launch trading pairs for bStocks tokenized securities APPB, BSPB, GEVB, SKDDB, and SKUUB on October 28 at 20:00. Users can exchange bStocks for BTC, USDT, or other supported tokens without fees within one hour after the launch. In addition, the zero maker fee promotion for all bStocks trading pairs has been extended to December 1 at 07:59.

Blockchain security company Socket discovered 16 counterfeit Rabby and OKX wallet extensions on the Firefox browser. According to Socket, Mozilla removed these extensions before October 5.Socket pointed out that removing these malicious extensions does not ensure the safety of wallet users whose mnemonic phrases have already been compromised.

The Cardano Foundation calls on the European Union not to introduce new independent regulatory rules for DeFi and staking, advocating that existing financial laws should regulate based on the function and risk of activities rather than the technology used. The foundation outlined its 19-page opinion submitted to the European Commission on September 30 in a blog post released on Wednesday, urging a distinction between direct participation in decentralized networks and financial services provided by intermediaries, especially those involving the custody or control of user assets. The foundation stated that regulation should follow the substance of the activity, the functions performed, and the risks generated, rather than the technology relied upon to conduct the activity.The foundation pointed out that Cardano users can delegate native ADA tokens to help secure the network without relinquishing custody or locking up tokens, and this form of direct participation should be treated differently from staking services operated by intermediaries. The opinion also calls for a clearer distinction between the EU MiCA regulations and existing financial laws, warning that overlapping regulatory requirements and inconsistent interpretations among member states could create uncertainty for crypto businesses.This move comes as EU regulators consider expanding oversight of crypto services. In September, the European Securities and Markets Authority suggested adding additional safeguards for staking and lending activities and establishing a new category of regulated services for companies providing access to DeFi protocols. Additionally, the Cardano Foundation, along with five other blockchain organizations, sent a joint letter to the U.S. Securities and Exchange Commission on October 20, urging it to formally recognize digital commodities as non-securities under the proposed crypto framework.

The Polkadot Community Foundation issued a security warning on the Polkadot forum stating that versions 3.1, 3.3, 3.4, and 3.5 of the browser extension for the third-party wallet Fearless Wallet contain malicious code, which may send users' private keys to a server controlled by attackers when unlocking the wallet.The related code was added on February 19, 2025, with a code change named "TON ecosystem," and it will take effect intermittently from February 2025 to October 10, 2026.

According to data from Korea's Meritz Securities cited by Wall Street Journal, the delivery time for low-capacity, high-capacity, and automotive MLCCs from Samsung Electro-Mechanics has been extended from over 30 weeks in September to 52 weeks in October, with some customers needing to wait about a year after placing orders. The delivery time for major MLCC products from Taiwanese manufacturer Yageo remains at 30 to 52 weeks, and the extension of delivery times has spread from high-capacity, high-performance products to low-capacity and automotive products.The delivery cycles for NIC Components, Viking, and Sanhe Capacitors have also been extended to varying degrees, with many companies continuing to maintain a trend of price increases. AI servers are one of the important drivers of demand growth, with their MLCC loading capacity exceeding that of ordinary servers by more than 10 times. The capacity utilization rate of Samsung Electro-Mechanics' components division reached 91% in the first half of this year, and the expansion project in the Philippines is expected to achieve mass production only after 2027, making it difficult to significantly alleviate short-term supply pressure.

According to The Defiant, the DeFi protocol Extended plans to migrate its settlement from Starknet to Arc on October 22.Extended stated that users holding more than 1 USDT or wBTC in their sub-accounts must convert or withdraw to avoid forced liquidation of their accounts; however, the related notice it released provided conflicting deadlines.

The collapsed cryptocurrency exchange Mt. Gox has extended the repayment deadline for creditors to October 31, 2027. Trustee Nobuaki Kobayashi stated that the Tokyo District Court has approved the adjustment of the relevant repayment deadline. This is the sixth extension for Mt. Gox since 2023.Most creditors who have completed the necessary processes and encountered no issues have received their repayments; however, some creditors have not received payments due to incomplete processes or payment processing issues. Mt. Gox began repaying creditors in Bitcoin and Bitcoin Cash in July 2024, and by March 2025, it reported that over 19,500 creditors had received repayments. The latest notice did not disclose the number of unpaid creditors or the amount of Bitcoin yet to be distributed. As of Tuesday, wallets belonging to Mt. Gox still hold approximately 34,400 Bitcoins, valued at around $2.8 billion.

The New York Stock Exchange has launched extended trading hours for U.S. stock options.

The bankrupt cryptocurrency exchange Mt. Gox announced that, given the necessity to complete repayments to creditors within a reasonable and feasible timeframe, the bankruptcy administrator, with court permission, has decided to extend the repayment deadline from October 31, 2026, to October 31, 2027.

Upbit stated that after MANTRA was designated as a trading warning item, and following a declaration request submitted by MANTRA and the completion of the review, Upbit deemed it necessary to further review the current processing progress and decided to extend the designation period of MANTRA as a trading warning item.

According to Cointelegraph, the Australian Securities and Investments Commission (ASIC) has proposed to expand the regulatory scope of Contracts for Difference (CFD) to include derivatives settled using digital assets.ASIC aims to add contracts settled through the transfer of digital assets to its definition of CFDs, rather than being limited to contracts settled in cash or offset transactions, provided that these contracts meet other identification criteria for CFDs. If the proposal is approved, Australian traders using crypto-settled CFDs will receive the same protections as cash-settled CFD traders.ASIC has made it clear that certain cryptocurrency futures and options with fixed expiration dates will remain outside this framework. CFDs allow traders to speculate on price fluctuations without holding the underlying asset. The current framework implemented in Australia since 2021 includes safeguards such as leverage limits, mandatory margin calls, and negative balance protection, which limits customer losses to the funds within their CFD trading accounts.ASIC is seeking feedback from the industry and stakeholders on the proposed expansion and revisions, with a deadline of November 9. This move comes as Australia strengthens its broader regulatory framework for digital assets.In April of this year, Australia legislated to include cryptocurrency exchanges and tokenized custody platforms within its financial services licensing framework, with the new system set to take effect on April 9, 2027. ASIC has also required crypto companies relying on temporary enforcement exemptions under existing financial services laws to apply for licenses or seek changes to existing licenses by September 30.