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Mr. Li Yi, a Douyin user, posted a video on social media stating that on June 10 of this year, he downloaded a fake wallet from the official Huawei store, which led to the exposure of his mnemonic phrase and the theft of 177,473 USDT.According to his description, the hacker changed the permissions of his wallet address to multi-signature, and then implemented a secondary scam under the pretext of unlocking it for spending money. After the victim transferred funds, all USDT in the address was transferred away.Mr. Li Yi claimed that after he released the video exposing the app, the download volume of the app in the official store plummeted. The hacker repeatedly gathered internet trolls to report his video, causing it to be forcibly taken down, and privately attempted to negotiate a conditional agreement to delete the video.He also stated that after conducting a private investigation, he learned that the scam app had five servers set up in Hong Kong, paying to have the app listed in the Huawei official store and to boost its ranking, causing a large number of victims to download it first in searches. Due to relevant bans in mainland China, related wallet apps cannot be normally launched in the store, so any app that cannot be launched but does exist in the store may be a counterfeit scam app.

According to on-chain data analyst @ai_9684xtpa, yesterday's newly established ETH whales continued to increase their holdings today, withdrawing 1236 ETH from OKX one hour ago. The amount of ETH accumulated since yesterday has grown to 2656 ETH (approximately 7.18 million USD), with an average withdrawal price of 2703.3 USD, now showing a floating profit of 19,500 USD.

According to official data from Bitget, the second batch of rewards for its "Peer Program" has been completed. So far, the platform has distributed a total of 2,786,953 USDT rewards to 1,529,978 users.This event will last until October 26, and users can participate without registration. During this period, Bitget will continue to set up a user-exclusive prize pool with 30% of the platform's trading fee revenue, offering trading rewards, asset rewards, and VIP exclusive rights to different user groups.

According to the market information platform Liquid24/7.xyz, Coinbase's spot BTC has approximately 67.65 buy orders at the price level of $86,165, with a nominal value of about $5.829 million, retracting about 0.37% from the mid-price of approximately $86,488 at that time.The total near-term buy orders amount to approximately $20.0554 million, while sell orders are about $24.5673 million, resulting in a net sell excess of approximately $4.512 million, accounting for 10.11% of the total depth.

Binance co-founder Zhao Changpeng retweeted a post about "The New York Times reporter visiting his home in Abu Dhabi for an interview" and responded that reporter David admitted to having a skeptical attitude towards him, implying that the act of giving Binance merchandise for free was a "bribe." He stated that the merchandise was meant to make people "walking billboards," while still expressing gratitude for the report.The original tweet released by Ram stated, "There are Binance merchandise piled up at Zhao Changpeng's doorstep, and he insisted on letting the reporter choose a gift. The reporter said he could not accept items worth more than $20, to which Zhao Changpeng jokingly replied, 'It's probably worth $19.'"

Cryptocurrency analyst Darkfost stated that over the past decade, the volatility of Bitcoin prices around the "Power Law" trend line is gradually decreasing, and market cycle fluctuations are converging. The oscillation indicator peak has dropped from +169 in 2018 to +102 in 2025, with its daily standard deviation decreasing from 4.81 to 2.47, a decline of about 49%.Darkfost added that as of the current model's oscillation indicator at +34.5, the Bitcoin price is approximately $84,700. According to the model parameters for that day, an oscillation indicator of +100 corresponds to a Bitcoin price of about $157,800, which is approximately 86% higher than the current price. He also pointed out that $157,800 is not a fixed target price but rather a reference level calculated based on the current regression parameters. If the Power Law trend line continues to rise in the future, this reference price will also increase accordingly.

According to the market intelligence platform Liquid24/7.xyz, Coinbase's spot BTC has about 64.84 sell orders at the price level of $85,030, with a nominal value of approximately $5.51 million, which is about 0.40% above the mid-price of approximately $84,689 at that time. The total buy orders on the near-end market are about $28.48 million, while the sell orders are about $20.43 million.Coinbase's spot buy orders net a surplus of about $8.05 million, accounting for 16.46% of the total depth. The sell orders at the price level of $85,030 create significant resistance, and if large buy orders appear, it may exert some pressure on the current price.

Layer 2 network Blast announced that it will cease operations due to the ongoing maintenance costs of the network exceeding the revenue generated by L2. The team believes there is no credible path to achieve economic sustainability.Blast advises all users to withdraw on-chain assets and balances in the Blast PWA to the Ethereum mainnet and plans to shorten the withdrawal waiting time to 24 hours. However, the team will first process the withdrawal of Lido assets held by Blast, which is expected to take about a week, during which the withdrawal function will be temporarily unavailable.Users can complete withdrawals through the regular Blast interface before October 26. After that, assets can still be withdrawn, but it will require direct interaction with the Blast Bridge contract on Ethereum L1. The team will announce specific operational instructions before the deadline.

The founder of Liebit Mining Pool, Jiang Zhuoer, posted on the X platform stating that the number of ETH queued for withdrawal from staking has risen to 850,000, with the waiting time increasing to 14.77 days, both of which are the highest within 2026. This indicates that a group of coin holders believes the current coin price is relatively high and needs to sell coins to lock in profits.

Tesla (TSLA.O) deployed 13.7 gigawatt-hours of energy storage products in the third quarter.

According to Gate market data, the altcoin sector has seen a widespread increase.SAND is currently priced at 0.06998 USD, with a 24-hour increase of 62.52%; ENJ is currently priced at 0.03729 USD, with an increase of 27.88%; GTC is currently priced at 0.12388 USD, with an increase of 22.10%; MANA is currently priced at 0.1054 USD, with an increase of 19.10%.SKY is currently priced at 0.09402 USD, with an increase of 18.94%; GALA is currently priced at 0.002655 USD, with an increase of 17.53%; MAGIC is currently priced at 0.0605 USD, with an increase of 15.02%; SUPER is currently priced at 0.2275 USD, with an increase of 14.96%.

According to Bitcoin.com, U.S. Federal Judge Jennifer L. Rochon dismissed the class action lawsuit against the organizers of the LIBRA project, Kelsier Ventures, the DeFi protocol Meteora, and related individuals, while also denying the plaintiffs' request to amend the complaint again.

EIP-8363 co-sponsor Jérôme de Tychey announced the withdrawal of the application to include the proposal in the Hegotá hard fork, and the discussion on the related issuance policy will shift to an independent topic.

According to The Defiant, U.S. District Judge Jennifer Rochon ruled to dismiss the class action lawsuit against LIBRA and M3M3 tokens, and it was a "dismissal with prejudice," meaning the plaintiffs cannot bring the same claims again.The judge found that the plaintiffs' reliance on a six-month issuance of Meme coins was insufficient to support the Racketeer Influenced and Corrupt Organizations Act (RICO) allegations; at the same time, the plaintiffs never listed Meteora as a suable entity.

Renzo Finance responded to the MetaMask infrastructure security incident, stating that the risks and liquidity of its latest product, Renzo Basis, will not be concentrated in stablecoins or vaults and can be fully verified through on-chain data. Therefore, users do not need to rely on trust in Renzo to confirm that they are not affected by the incident.Renzo stated that ezETH will only be supported by native ETH starting from April 2026. Currently, there are only 214.75 stETH in the withdrawal queue (accounting for 0.5%) with valid claims.Previously, MetaMask indicated that it is handling a security incident affecting some infrastructure, and no immediate threat to MetaMask wallets has been identified. As a precaution, MetaMask is coordinating with customers, partners, and security consultants to proactively withdraw affected validators from its non-custodial staking business and will provide further updates in due course.

U.S. President Donald Trump stated that the last batch of U.S. troops is leaving Iraq, marking the end of the U.S. military presence in Iraq.

Bitcoin News posted on platform X that the Box 3 tax bill currently under consideration in the Dutch parliament proposes to tax the actual annual returns on investments, including the appreciation of unsold assets. The Dutch Tax Authority explicitly includes cryptocurrency assets held in personal wallets, exchanges, or third parties when calculating actual returns.The Dutch government is studying a shift to a capital gains tax system, which would tax the appreciation of assets when gains are realized, but stated that the existing proposal for 2028 remains the basis during the review of relevant adjustments.The bill has been passed by the House of Representatives and is still awaiting review by the Senate, with the final system potentially subject to adjustments before 2028.