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According to Gate market data, the South Korean KOSPI index plummeted 8.00% during the day, currently reported at 5527.29 points. SK Hynix fell over 11%, and Samsung Electronics dropped over 9%.At the same time, the Korea Exchange activated the circuit breaker mechanism for the KOSDAQ, suspending trading for 20 minutes.

According to Onchain Lens monitoring, three newly created wallet addresses suspected to belong to the same whale have collectively staked 1.255 million HYPE tokens on the decentralized derivatives trading platform Hyperliquid, with a total value of approximately 100.43 million USD.Specifically, the three addresses staked 460.18 thousand tokens (approximately 36.84 million USD), 449.9 thousand tokens (approximately 35.98 million USD), and 345.25 thousand HYPE tokens (approximately 27.62 million USD).

According to The Defiant, asset management company VanEck is seeking to withdraw its filing application for the Lido Staked Ethereum ETF. The proposed fund was originally planned to directly hold stETH and provide investors with exposure to Lido's liquid staking tokens through brokerage accounts.Reports indicate that the fund's registration never took effect, meaning this product failed to enter the formal issuance stage. Lido is the largest liquid staking protocol on Ethereum, and stETH is the liquid staking token it issues, allowing users to stake ETH while maintaining asset liquidity and earning staking rewards.

The Thailand Securities and Exchange Commission has completed the rule-making for Bitcoin ETFs, and the new regulations will take effect on October 16. Bitcoin has been included as a qualified asset in the first phase.According to the rules, the average net exposure of the relevant funds for each accounting year must reach at least 80% of the net asset value. The custodian must be licensed by the Thailand Securities and Exchange Commission, and fund shares can only be traded on the Thailand Stock Exchange. Securities companies are not allowed to provide margin financing. Thai mutual funds and private funds will be permitted to invest in locally listed cryptocurrency ETFs, but initially, the issuance and provision of depositary receipts related to overseas cryptocurrency ETFs are prohibited.

According to on-chain analyst Yu Jin's monitoring, a whale opened a long position of 20,000 ETH at a price of $1,936 on August 19, and closed the position today at a price of $2,421.6, making a profit of $8.93 million.Previously, when ETH rose to $2,800 on September 22, the whale's unrealized profit had reached $17.42 million.

According to The Block, Evernorth, which holds an XRP treasury and is listed on Nasdaq, announced that it will begin deploying its XRP holdings through an "institutional strategy" starting in the fourth quarter, with initial partners including Ripple and cryptocurrency exchanges Kraken, Coinbase, and BitGo.The company currently holds 473 million XRP, valued at approximately $648 million at current prices. Two days before this announcement, Evernorth began trading on Nasdaq under the ticker XRPN after completing a deSPAC merger with Armada Acquisition Corp. II.Founder and CEO Asheesh Birla stated that the company is putting its treasury to work and is choosing to start with strong institutional trading counterparts within the industry. Evernorth's goal is to generate returns from its XRP holdings and increase the per-share holdings, rather than simply pursuing accumulation; the announcement did not specify how much XRP will be deployed. The company also plans to expand into lending and on-chain DeFi strategies once relevant features on the XRP Ledger are available.This strategy is led by newly appointed Chief Investment Officer Hugo Jeandesboz, who previously served as Co-Chief Investment Officer at Coinbase Asset Management. Jeandesboz stated that this requires a set of treasury strategies, a risk framework, and counterparties that can be clearly explained to the board of directors of the listed company. The XRPN stock price has remained relatively flat since opening at $16.68 on Monday, closing at $16.48 on Tuesday, and slightly rising to $16.6 in after-hours trading.

According to Lookonchain monitoring, an Ethereum OG address that bought ETH for $14 nine years ago (0x8AC...aA93) deposited 6,369 ETH, worth $15.95 million, to Kraken about 40 minutes ago.

According to the Financial Times, Kraken will acquire Saldo Bank, which is regulated by the European Union, with the transaction expected to be completed in 2027.

According to official news, the PancakeSwap core team (The Kitchen) has released a tokenomics proposal titled "The Flip." This proposal suggests increasing the trading fee sharing ratio for PancakeSwap v3 and Infinity liquidity providers (LP) to 88% across all 11 supported chains, with the remaining 12% allocated as protocol fees to the treasury, while v2 remains unchanged.

According to token unlocking data from the crypto asset data platform RootData, AKEDO (AKE) will unlock approximately 21,307,900 tokens at 0:00 Beijing time on October 21, with a value of about 53.65 million USD.

According to Bloomberg, Coinbase co-founder Fred Ehrsam is betting personal funds on Venezuela's oil industry. He referred to this opportunity to become a significant oil producer as an "excellent opportunity" and compared it to the once-in-a-generation investment opportunities that helped him join the ranks of billionaires.The startup founded by Fred Ehrsam, Primavera, has recently signed multiple contracts with the state-owned oil company Petróleos de Venezuela S.A. (PDVSA) and is preparing to take over the operations of several oil fields in the country.Primavera has also hired senior oil industry professionals from Chevron and Occidental Petroleum to assist in building the necessary infrastructure to support the production of conventional oil and heavy crude.

Hedera, a public blockchain, has launched Agent Accounts, described as programmable, non-custodial spending accounts that allow AI agents to autonomously transact within rules set by users and enforced on-chain. This includes payment APIs, data retrieval, invoice settlement, and purchasing on behalf of users, with private keys remaining in the user's wallet.Agent Accounts are funded from the user's existing Hedera wallet and are created separately for designated agents, rather than handing over the entire account to the agent. Users connect their wallets through a web application, designate agents, and configure total spending limits, daily caps, single transaction limits, and whitelists for merchants and payees. The rules are written into Hedera smart contracts and are not stored on company servers, making them unmodifiable by anyone other than the user. Funds do not leave the user's account before a purchase occurs; agents do not hold balances but send spending requests to the smart contract, which validates and executes them. Users can pause or revoke agent spending with a single click from their wallet.This feature is supported by Agentic Payment Services, including MCP server, REST API, and relayer. Hedera states that any agent capable of using MCP or REST can connect, with payments available in HBAR, USDC, or other Hedera tokens, and compatible with x402. Each strategy, transaction, and agent action is recorded on the Hedera Consensus Service. The timeline aims for a limited partner testnet launch in Q4 2026, a public testnet in Q1 2027, and a target mainnet launch in Q2 2027, depending on security audits and legal agreements.

Neura posted on platform X that it will take down the v1 test network and Neuraverse and enter the next phase. The team has completed a full snapshot of the points balance, leaderboard, task completion status, and activity history to ensure that no data is lost.

On the evening of October 12, Beijing police reported on the handling of multiple online rumors. Among them, two individuals, Guo and Chang, fabricated the rumor that "multiple people from a certain technology company were taken away" to gain traffic and published it online. The related information spread widely and disturbed social order, and the two have now been subjected to criminal coercive measures in accordance with the law.According to reporters from the Science and Technology Innovation Board Daily, this case is related to the rumor incident previously encountered by Dark Moon. Dark Moon had issued a statement on September 12, refuting that the information circulating about the founder and employees was purely fictional and maliciously fabricated, and had reported this to the public security authorities.

With only 22 days left until the U.S. midterm elections, Fairshake, aligned with the stance of the U.S. cryptocurrency industry, and its affiliated Political Action Committee (PAC) have ramped up advertising to support their identified "crypto-friendly" candidates. According to documents disclosed by the Federal Election Commission (FEC) on Saturday, the PACs Defend American Jobs and Protect Progress have collectively spent $2.7 million on media and direct mail production to support Democratic and Republican candidates running for the U.S. House of Representatives in 2026. Fairshake's funding primarily comes from donations from investment bank Cantor Fitzgerald, cryptocurrency exchange Coinbase, and Ripple Labs.Specific expenditures include: over $76,000 for House Majority Whip Tom Emmer, $73,000 for House Agriculture Committee Chair Glenn Thompson, $512,000 for California Congressman Pete Aguilar, and $500,000 for New Jersey Congressman Josh Gottheimer. A few days earlier, Fairshake announced it would additionally support 32 House candidates in 2026, with 6 of them each receiving $1 million in media support.

According to Euronews, the Finance Committee of the French National Assembly voted last week to pass several amendments to cryptocurrency taxation. According to the proposal, residents holding over 800,000 euros in cryptocurrency assets who move abroad will be subject to an exit tax starting in 2027, covering foreign platform tokens and self-custody wallets, with the tax rate yet to be specified; those migrating within the European Union can apply for a tax deferral, and assets held for 2 to 5 years may be exempt from tax.Additionally, self-custody wallets valued at over 100,000 euros at the end of the year must be declared, or they will face a fine of up to 10,000 euros; the exchange of cryptocurrency assets for stablecoins will also fall under the current unified tax rate of 31.4%.It is worth noting that the committee rejected the budget revenue portion with a vote of 31 to 3, so the aforementioned amendments must be resubmitted this Tuesday and will be voted on again on October 20, with a full case vote scheduled for November 17 before being handed over to the Senate for review.

The decentralized wallet imToken has launched a new ETH staking brand, imToken Stake, focusing on the Ethereum staking scenario, providing users with three participation methods: non-custodial staking, liquid staking, and independent staking.According to the introduction, imToken Stake targets different types of ETH holders, covering long-term holders with 32 ETH or more, small flexible participants, and tech-savvy users who wish to run their own validators. Among these, non-custodial staking allows users to complete the staking process within the wallet while retaining control over withdrawals; validator deployment, operation, monitoring, and maintenance are provided by imToken in collaboration with professional node infrastructure service providers.Currently, imToken's non-custodial staking supports a "compound interest" model, allowing users to choose to create a compound validator, enabling staking rewards to continuously accumulate and automatically reinvest to enhance the efficiency of long-term staking funds. imToken states that imToken Stake will continue to focus on security, autonomy, and transparency, providing users with a clearer and more reliable ETH staking experience.

According to Solid Intel, Kraken's parent company Payward has obtained full regulatory approval from the Dubai Virtual Assets Regulatory Authority (VARA). Kraken plans to launch in the UAE and support deposits and withdrawals in UAE Dirhams.Previously, Payward received preliminary approval for a VARA brokerage and investment management license in May 2026.

On October 12, during the in-depth dialogue session at the opening ceremony of the 26th China International Industry Fair, Wang Xingxing, founder of the robotics company Yushu Technology, stated: His faith in AI is growing day by day. The biggest mistake he made in the past decade was not believing enough in AI, and even now, many people may not have fully utilized or embraced AI.Wang Xingxing mentioned that the recent release of GPT-6 has had a significant impact on the cognitive understanding of the embodied intelligence industry. The company team has already deployed it on robots for task testing, and the results have been quite good. He believes that the critical point for embodied intelligence will arrive relatively quickly, possibly within one or two years. However, to achieve large-scale application of robots, issues of generalization and efficiency still need to be resolved, but these problems are expected to be addressed in the coming years.