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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.

Digital asset treasury company Evernorth Holdings, Inc. announced that it has completed its business combination with special purpose acquisition company Armada Acquisition Corp. II. Armada was initiated by Arrington XRP Capital Fund, LP. Evernorth aims to provide institutional access to the XRP ecosystem at scale, with common stock expected to begin trading on Nasdaq under the ticker XRPN on October 12, 2026, and ringing the Nasdaq closing bell on October 14.At the time of closing, the company holds approximately 473 million XRP and has raised about $300 million in gross cash proceeds (before transaction expenses). Investors include Arrington Capital, SBI Group, Ripple, Pantera Capital, Kraken, GSR, and others. Founder and CEO Asheesh Birla stated that the goal is to establish an actively managed XRP treasury to support ecosystem growth and meet public market demands for transparency and governance.The company stated that as institutional on-chain finance develops, the need for capital expansion in tokenized assets, on-chain credit markets, and settlement infrastructure arises. Evernorth intends to be a source of such capital and operate according to the reporting, governance, and disclosure standards of Nasdaq-listed companies. Michael Arrington, founder of Arrington Capital, stated that support for Evernorth is an extension of its XRP thesis, which will bring scalable capital, active participation, and public company standards.

Andrey Lazutkin, co-founder of Tangem, posted on X that the recent Ledger security incident once again confirms the security engineering principle of "complexity expands the attack surface." He pointed out that every additional component, software layer, and user interaction, such as screens, buttons, batteries, and firmware, introduces new potential points of failure and vulnerabilities, increasing the risks that need to be identified and mitigated.Based on this, Lazutkin defended the minimalist card design adopted by Tangem—this solution is built solely around the secure chip and antenna—and stated that this incident reinforced his judgment about the correctness of this design philosophy.

According to Lookonchain monitoring, in the past 3 days, two newly created wallets have withdrawn 280.75 million Lobster from exchanges, worth 12.21 million USD, accounting for 28.08% of the total supply.

The leverage position protocol LongX announced the launch of Actively Managed Baskets. This product allows the community to hold relevant economic rights and packages any leveraged long and short positions into a one-click tradable spot ERC20 token. LongX stated that LongX Baskets are a new primitive that offers complete programmability not available in leveraged ETFs or spot indices.The first basket is AI Nexus, which goes long on leading artificial intelligence companies such as Nvidia, AI, and OpenAI, while shorting QQQ to hedge the overall tech sector. The AI Nexus pairing model has been launched on LONG. LongX plans to introduce community management features next week, allowing AI holders to decide on the composition of the basket and other matters. Based on pilot results, the project also plans to launch baskets for more leading trading pairs on LONG according to subsequently announced transparent standards, and a deep dive interpretation will be released soon, with a related simplified white paper attached to the tweet.

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.

On October 9, with the full launch of the 2026 F1 Singapore Grand Prix, F1 Red Bull Racing's official sponsor and long-term partner Gate officially kicked off an exclusive hospitality event for VIP clients and invited guests. Dozens of VIP clients have arrived in Singapore, and many core partners are deeply involved on-site.The Gate brand logo appears on the car's rear wing, nose, headrest, wheel hub covers, chassis, team racing suits, and four-time champion Max Verstappen's helmet. Gate will create a deeper F1 event experience for invited guests, focusing on race viewing, VIP hospitality, and exclusive brand experiences.Previously, Gate collaborated with the Red Bull Racing team to conduct a series of events during TOKEN2049 in Singapore. On October 7, Max Verstappen and driver Isack Hadjar participated in an exclusive handprint commemorative ceremony and interacted with guests at the Gate Lounge; on October 8, team CEO and principal Laurent Mekies attended the invitation-only private event "RACING THE FUTURE Vol 3," sharing the team's tactical planning and event operation experiences. In the future, Gate will continue to leverage the F1 platform to deepen connections with the Red Bull Racing team and global partners.

Since the beginning of 2026, Bitcoin has experienced 10 "3 standard deviation" trading days, exceeding the 8 times seen throughout the bear market of 2018. Although Bitcoin's annualized volatility has decreased from 84% in 2018 to about 46%, extreme market conditions still occur frequently relative to recent price volatility levels. "3 standard deviation" is used to measure the extent to which prices deviate from the recent normal volatility range. Data shows that the average price fluctuation for Bitcoin during such extreme conditions this year is about 7%, lower than the approximately 10% seen in 2018.Since 2024, Bitcoin's volatility has been around 47%, similar to Nvidia, but during the same period, Bitcoin has had 26 "3 standard deviation" trading days, far exceeding Nvidia's 8 times, the S&P 500's 16 times, and gold's 12 times. Market participants point out that macro shocks and the leverage and concentrated positions in the derivatives market are important factors contributing to the continued occurrence of extreme volatility. When investors sell options in large quantities, betting on market calmness, sudden news can force related concentrated positions to close, further amplifying price fluctuations.Deribit CEO Luuk Strijers stated that traditional Value at Risk (VaR) models struggle to adequately measure tail risks during extreme market conditions, and investors should pay more attention to risk indicators such as Expected Shortfall. Meanwhile, increased institutional participation, deeper liquidity, and improved risk management are also enhancing the market's ability to withstand shocks, but this does not mean that extreme volatility will disappear.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 63, up 5 points from yesterday. The average over the past 7 days is 66, and the average over the past 30 days is 67.

The XRP Ledger recently fixed a payment system vulnerability that could be traced back to 2015. This vulnerability could allow attackers to bypass the system's calculation limits on token exchange amounts through a specially designed payment transaction, generating and spending large amounts of XRP out of thin air, undermining the mechanism that caps the total supply of XRP at 10 billion.It was disclosed that attackers could create hundreds of accounts, allowing these accounts to post offers to exchange a small amount of tokens for a large amount of XRP, and then execute a transaction simultaneously. Due to a flaw in the software's calculation of the total transaction amount, the seller's account could receive the full XRP, while the buyer's account would need to pay almost nothing. Researchers Cayden Liao and Veria AI reported the vulnerability on September 22, and RippleX subsequently reproduced the attack and confirmed that the generated XRP could be used in subsequent transactions. RippleX stated that there is currently no evidence that this vulnerability has been exploited on any public network. The development team released version 3.4.1 of xrpld on September 25 to fix the vulnerability.

According to a report by Nomura Securities, the AI company Dark Moon is developing a large model with 50 trillion to 60 trillion parameters. Compared to the Kimi K3 released in July this year, the parameter scale of the new model is nearly doubled. The report states that the current biggest bottleneck is the lack of high-end training computing power, and the specific training progress is still unclear.Additionally, according to the aforementioned news, Kimi K3.1 will be released before mid-October, focusing on enhancing the Agent's ability to continuously complete long-duration tasks. The team plans to further optimize the model through post-training, computer operation records, and real task data. The related content is a paraphrase and not an official announcement from Dark Moon.

According to on-chain analyst Ai Yi's monitoring, the Binance contract real smart money account "Single Wife" holds 18.29 million Lobster long positions, with an opening price of $0.1277. When Lobster reached its historical high of $0.3143 on September 21, the account's peak floating profit once reached $2.19 million, with a position value of $5.75 million.The price of Lobster subsequently fell, and the account closed its positions on October 2 at an average price of $0.09374, ultimately incurring a loss of $907,000, with all previous floating profits completely wiped out.

According to the market intelligence platform Liquid247.xyz, Coinbase's spot BTC has approximately 61.63 sell orders at $82,871, with a nominal value of about $5.1071 million, which is about 0.42% above the mid-price of approximately $82,523 at that time.The total near-end sell orders amount to approximately $23.4237 million, while the buy orders are about $22.8857 million, resulting in a net sell order surplus of approximately $538,000, accounting for 1.16% of the total depth.

According to Coinglass data, if ETH breaks through 2,613 USD, the cumulative short liquidation intensity on mainstream CEX will reach 773 million USD. Conversely, if ETH falls below 2,374 USD, the cumulative long liquidation intensity on mainstream CEX will reach 699 million USD.

According to Coinglass data, if BTC falls below $78,954, the cumulative long liquidation intensity on mainstream CEX will reach $1.202 billion. Conversely, if BTC breaks above $86,682, the cumulative short liquidation intensity on mainstream CEX will reach $1.137 billion.

According to token unlocking data from the crypto asset data platform RootData, Aster (ASTER) will unlock approximately 44.67 million tokens at 0:00 Beijing time on October 17, worth about 32.05 million USD.

According to token unlocking data from the crypto asset data platform RootData, Spark Protocol (SPK) will unlock approximately 27.891 million tokens at 0:00 Beijing time on October 17, with a value of about 6.12 million USD.

Global investment management company Franklin Templeton is exploring regulatory exemptions that would allow tokenized money market funds and ETFs to trade on blockchain trading venues. On October 9, the company met with staff from the U.S. Securities and Exchange Commission (SEC) cryptocurrency working group to discuss legal issues related to pricing, fees, and asset pools.The agenda included whether investors could exchange blockchain fund shares for tokenized national market system stocks through blockchain trading venues, and whether liquidity providers could charge service fees. Related issues involve pricing rules under the Investment Company Act and whether exemptions are needed. Regarding tokenized ETFs, Franklin Templeton also discussed forming trading pairs with tokenized stocks, approved payment stablecoins, or tokenized money market funds, as well as whether liquidity pools need to obtain investment company regulatory exemptions.As of September 30, the preliminary disclosed assets under management amounted to $1.79 trillion. Franklin Templeton's blockchain fund record-keeping business began with the launch of the Franklin Onchain U.S. Government Money Fund in 2021. The BENJI token represents shares of this fund, and transferring the token will simultaneously transfer the corresponding shares, with related transactions recorded and tracked by the Benji Technology Platform.

According to on-chain analysts, F2Pool co-founder WangChun (0xF42...2b51) exchanged 235.51 WBTC for 7848.53 ETH yesterday, worth approximately 19 million USD.In the past 7 hours, he also withdrew 5173.41 ETH from Binance, worth approximately 12.86 million USD, with an average withdrawal price of 2485.89 USD.