funds

Goldman Sachs stated that the speed at which hedge funds are selling off technology stocks is the fastest in ten years.

According to reports from Ark Invest Tracker, several funds under Cathie Wood's ARK Invest have made adjustments to their holdings. Among them, ARKK purchased 102,280 shares of CoreWeave (CRWV), accounting for 0.0836% of the ETF. At the same time, it sold 18,087 shares of Shopify (SHOP) and 15,988 shares of Palantir (PLTR), accounting for 0.0418% and 0.042%, respectively.The operational direction of ARKW is consistent with ARKK, buying 30,218 shares of CRWV, accounting for 0.1008%. The fund sold 2,668 shares of SHOP and 2,361 shares of PLTR, accounting for 0.0252% and 0.0253%, respectively. Additionally, it sold 500 shares of DraftKings (DKNG), accounting for 0.0005%.ARKG purchased three biotechnology-related targets on the same day, namely 60,269 shares of Iambic Therapeutics (IAM), 19,856 shares of Scribe Therapeutics (SCTX), and 4,835 shares of Freenome (FRNM), accounting for 0.0261%, 0.01%, respectively.

According to CoinDesk, the U.S. Department of Justice announced that authorities in Ghana and Nigeria arrested 28 people in an enforcement action against a West African scam network, which involved cryptocurrency investment fraud.The UK's National Crime Agency (NCA) stated that the operation also uncovered 117 victims of human trafficking in Ghana, who are awaiting repatriation to Nigeria. Private sector partners identified over $11 million in funds that could be frozen.The operation, hosted by the NCA, brought together tech companies and law enforcement agencies, aiming to combat scam networks targeting citizens of the U.S., U.K., and other countries. The Department of Justice stated that this is the first joint operation focused on West Africa. Cryptocurrency exchanges Coinbase and Binance, as well as blockchain analysis companies Chainalysis, Elliptic, and TRM Labs, were all involved.Coinbase stated that it assisted in tracking illegal funds, supporting asset freezes, and providing intelligence to investigators, identifying over 65 active scam victims and preventing over $415,000 in potential losses. TRM Labs claimed it uncovered a large-scale peer-to-peer money laundering network. In the Sasaabi region of Ghana, authorities arrested 19 people and seized 303 electronic devices; Nigeria arrested another 9 people. Meta reported that it has deleted over 3.7 million Facebook and Instagram accounts, pages, and groups, most of which targeted Americans and Britons through impersonation tactics. Law enforcement also received leads on over 30 suspected scam centers.

According to on-chain detective Specter, ZachXBT disclosed that the Bitget attackers concealed the stolen funds through Zcash (ZEC), and other stolen funds also began to flow into ZEC, including funds from the Cryptobills Ledger incident and $12 million from the Triple-A hacker attack.Threat actors are using ZEC to transfer stolen funds.

Bank of America cited EPFR data stating that in the week ending Wednesday, net inflows into equity funds reached $64.5 billion, with inflows into U.S. equity funds amounting to $39.1 billion and inflows into technology stock funds totaling $10 billion.

According to PeckShieldAlert monitoring, the phishing attacker who stole $2 million worth of DAI from an address of Bofur Capital has exchanged the stolen funds for 825.5 ETH.

On October 12, the Central Bank of Russia clarified in its updated guidelines that individuals are not allowed to withdraw cryptocurrency from regulated digital accounts to self-custodied wallets. The Central Bank stated that this restriction is based on Article 31(9) of the new Russian cryptocurrency market law (Federal Law No. 282-FZ), which will take effect on September 1, 2026. Digital accounts are statutory accounts used to record crypto assets, and digital custodians are registered institutions that register and transfer these assets and provide access to wallet addresses.This restriction applies to the withdrawal of funds under the regulated custodial system in Russia. For withdrawals from ordinary investment accounts, the rules cover resident individuals and do not provide exemptions for qualified investors. According to Article 31, individuals who pass the required tests and receive risk disclosures can transfer cryptocurrency to wallets managed by legally authorized foreign custodians, which is different from withdrawing to personal wallets outside of institutional custody. The law also sets exceptions for foreign trade settlements and mining.The Central Bank also stated that transfers between individuals using addresses managed by digital custodians are not allowed, including transfers generated from transactions between individuals. The aforementioned provisions belong to the general cryptocurrency market law and are not rules applicable only to participants in experimental projects. The Central Bank indicated that direct peer-to-peer transactions between individuals are only permitted until July 1, 2027, when Article 30(1) will take effect; thereafter, residents who are not authorized as intermediaries in the cryptocurrency market must complete transactions through or with the participation of authorized intermediaries, with optional channels including licensed brokers and operators of cryptocurrency exchanges listed in the Central Bank of Russia's registry.

During a live AMA interview hosted by CoinMarketCap, Gate founder and CEO Dr. Han discussed the development direction of digital finance, the product positioning of Gate Money, and the accelerated integration of digital assets with traditional finance.Dr. Han stated, "The future of digital finance lies not only in providing more asset choices but also in connecting assets, funds, and payments, allowing users to manage assets, transfer funds, and meet daily payment needs more conveniently within one ecosystem." Upholding the core concept of "One Gate, Everything Money," Gate Money integrates services such as digital assets, fiat currency, stocks, ETFs, gold, bank accounts, payments, and asset management into a single account, covering scenarios like asset holding, receiving payments, transferring, exchanging, paying, and earning. Users in eligible regions can also open an e-banking account with the same name and use the Gate Card for online and offline consumption with fiat or digital assets, further bridging asset allocation and daily payment scenarios.Regarding the accelerated integration of digital assets and traditional finance, Dr. Han also explored the roles of stablecoins and asset tokenization in cross-border capital flow, on-chain settlement, and financial service innovation. As user demands extend from single transactions to investment management, fund transfers, and daily consumption scenarios, Gate will continue to expand the asset categories, payment methods, and service capabilities of Gate Money, enriching the application of digital assets in diverse financial scenarios and providing users with a more integrated financial service experience.

According to reports from Strait News, in March 2025, Zheng Mouyi, Zou Moumou, and others exploited the weak regulation and difficulty of evidence collection in offline USDT over-the-counter trading to plan a "black eat black" robbery crime under the guise of virtual currency offline trading.The gang raised over 340,000 yuan and invited virtual currency merchants for offline transactions. During the transaction, after the merchant transferred over 40,000 USDT into the virtual wallet controlled by the gang, Zheng Mouyi sprayed the victim's eyes with chili water on the spot and, along with others, violently seized all the transaction funds. After the incident, six involved individuals divided the stolen money. The day after the incident, the public security authorities quickly arrested all involved individuals, recovering most of the stolen funds and returning them to the victim.The Jin'an District Prosecutor's Office legally prosecuted Zheng Mouyi, Zou Moumou, and four others for robbery. In 2026, the court heard the case and sentenced the five defendants to fixed-term imprisonment ranging from five years and seven months to ten years and four months for the crime of robbery.

Catherine Chen, the head of VIP and institutional business at Binance, stated in an interview with The Block during Token2049 that traditional hedge funds, which previously took a wait-and-see approach, are now showing a stronger interest due to the emergence of arbitrage opportunities related to traditional financial instruments such as cash stocks and perpetual contracts on crypto platforms.She pointed out that the improvement in market depth, combined with 24/7 trading and weekend price discovery mechanisms, makes these opportunities more realistic. She also mentioned that when the same tools are offered on second- and third-tier platforms or in DeFi venues, liquidity often falls short of hedge funds' needs. However, she emphasized that this process is still in its early stages and does not expect a surge in capital inflows overnight, with the next 12 to 18 months being worth close attention.Similar changes are happening on the other side of the market. Chen indicated that their crypto-native clients are incorporating more tools linked to traditional financial products to build hybrid investment portfolios. The data she cited showed that the scale of Binance's cash stock assets has increased from about $800 million to $900 million to $1.4 billion, while the trading volume of traditional financial perpetual contracts has risen from about $20 billion to $30 billion per month when launched at the beginning of this year to about $400 billion every 30 days. She believes that tokenization and cross-asset trading are still in their early stages, and regulatory clarity will determine the ultimate integration of traditional and crypto trading more than the product offerings of a single platform.

According to Bitcoin News, the Bitcoin Lightning Network development kit LDK has fixed multiple security vulnerabilities, including a channel reconnection vulnerability that could be exploited by malicious counterparties, leading to the theft of funds. The LDK official released versions 0.1.13, 0.2.7, and 0.3-rc3 on October 3, recommending operators interacting with untrusted channel counterparties in production environments to upgrade. Currently, the related disclosures have not confirmed any actual losses caused by these vulnerabilities.

In 2025, there were approximately 20 financing rounds in the domestic tactile sensor sector, with a total disclosed amount nearing 1.8 billion yuan. According to data from the Financial Association, in the first seven months of 2026, there were 15 financing rounds completed in the humanoid robot sensor field, totaling 3.1 billion yuan, with July alone accounting for 1.56 billion yuan. Related estimates indicate that the global tactile sensor market size will be around 6 billion yuan in 2026 and approximately 29 billion yuan in 2030.The tactile sensor company, PaxiNi, was founded by Xu Jincheng and Nie Xiangru in June 2021 in Shenzhen, with the Hall array sensor PX-6AX GEN3 starting at a price of 199 yuan. The company completed over 1 billion yuan in Series B financing in March, with a valuation exceeding 10 billion yuan, followed by 1 billion yuan in strategic financing in August and several hundred million yuan in B++ financing in September, accumulating over 4 billion yuan in total financing, with BYD as the largest external shareholder. On September 20, PaxiNi completed its counseling filing with the Beijing Securities Regulatory Bureau, with Guotai Junan as the counseling institution.The tactile perception chip company, Tashan Technology, was founded by Ma Yang, Sun Tengchen, and Yang Wuqiang in December 2017, with revenue exceeding 100 million yuan in 2024, and was listed by NVIDIA as the world's first tactile simulation partner for Isaac Sim. Qianjue Robotics was founded by Ma Daolin in May 2024, with Hillhouse Capital having led the angel round, and in September of this year, it completed two rounds of strategic financing totaling several hundred million yuan. Companies such as Daimeng, Weitai, Xiangmuguo, Yimu Technology, and Lingxin Qiaoshou also secured new financing or advanced higher valuation financing in 2026.

According to reports from Japan's Jiji Press and TBS, Japanese police have arrested 6 individuals suspected of laundering money for a fraud group through cryptocurrency assets. Police investigations indicate that the gang is suspected of handling approximately 91 million yen (about 580,000 USD) in fraud funds between February and March 2024, involving around 30 victims.The funds first entered the company's bank account, then were exchanged for BTC, converted to USDT through overseas channels, and returned to the fraud group. The individuals involved are reportedly charging a commission of about 1%.

According to on-chain intelligence platform Arkham, Grayscale's mini ETH ETF has accumulated $103.3 million in ETH purchases over the past 20 days, while its older product, the ETHE fund, recorded an outflow of $71.6 million during the same period. The market generally believes this is an internal rotation of funds from ETHE to the mini fund.Considering the net flow of both products, Grayscale's clients have net bought approximately $31.7 million in ETH during this period.

The blockchain security platform Phalcon stated that approximately 6 hours ago, around 3.55 million dollars of unclaimed cross-chain funds were claimed and transferred. Phalcon raised the question: Was the related transaction initiated by the fund owner, or did the attacker obtain valid EIP-7702 authorization?On-chain information shows that the claim was submitted by address 0x24a9, with funds coming from Tornado Cash and executed through EIP-7702 delegation on an external account. The two transaction amounts were 1.33 million dollars and 2.22 million dollars, with on-chain data confirming the validity of the related authorization.A few days ago, on-chain researcher stuckfunds.eth repeatedly sent messages to address 0x4943, informing the owner that the related funds were still claimable. Currently, on-chain data cannot confirm whether the owner intentionally signed, was induced to sign, or if the private key has been leaked.

According to a report by the WSJ, a previously undisclosed internal investigation report from Binance shows that Iranian financier Babak Zanjani used affiliated companies, shell companies, and multiple trading accounts to transfer funds through Binance, establishing a funding channel for the Iranian Islamic Revolutionary Guard Corps (IRGC) to evade Western sanctions. The related network involves 21 individual and corporate trading accounts, with a total trading volume of approximately $850 million, of which at least $67 million flowed from two accounts to wallets associated with the IRGC.The report indicates that Tajik businessman Sukhrob Oimakhmadov, classified as a "high-value customer" by Binance, received over $10 million through his account, with sources including digital wallets later identified by the Israeli Ministry of Defense as belonging to the IRGC. The cryptocurrency platform Zedcex, associated with Zanjani, had a total trading volume close to $830 million, with approximately $56 million withdrawn to related wallets. The network also involves the Turkish payment company ZedPay, as well as the cryptocurrency token USDZ used for trading.Binance stated that it has identified the related activities and taken measures, with all accounts associated with sanction violations being restricted from trading and gradually closed. The company also emphasized that the total trading volume of accounts does not equal the actual funds flowing into the IRGC and acknowledged past procedural issues in internal approvals and execution timeliness. The U.S. Department of the Treasury had previously imposed sanctions on Zanjani and related companies and individuals.

According to on-chain analyst Ember (@EmberCN), a wallet received 263 ETH from Tornado Cash yesterday, then sold it for 643,000 USDC and deposited it into Hyperliquid.The address opened a short position of 305.5 BTC at a price of $83,068 with a maximum leverage of 40 times, with a position size of approximately $25.38 million, and the liquidation price is $84,088, currently with an unrealized profit of about $160,000.

The United Kingdom has imposed sanctions on Cryptomus, Heleket, and TokenSpot in actions targeting Russian entities suspected of evading sanctions. TokenSpot transferred over $950 million in funds to the sanctioned exchanges Grinex, Garantex, and the Kremlin-backed A7 network.