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According to South Korean media Dailian, the Digital Asset Exchange Alliance (DAXA) has released the "2026 Digital Asset Policy Compilation." Professor Zhao Zaiyu from Hanyang University pointed out that since the ICO ban in 2017, domestic cryptocurrency projects in South Korea have continuously moved their issuance entities and business foundations overseas due to regulatory gaps. The token issuance of Klaytn is handled by a Singaporean entity, and Wemade's WEMIX is also issued by a Singaporean entity. Subsequently, Metabora moved to Dubai, and NeoFin relocated its foundation to Abu Dhabi, with the trend of industry outflow continuing to intensify.Experts indicate that the core obstacles are the regulatory gaps between domestic and foreign issuers and the difficulties in opening corporate bank accounts. They emphasize that "what Korea needs is not looser regulations, but clearer rules," calling for the Digital Asset Basic Law to clarify the licensing standards for issuance, custody, verification, and other business activities, and to establish special procedures for the return of core functions from overseas to the domestic market.

According to the token unlocking data from the crypto asset data platform RootData, Lombard (BARD) will unlock approximately 13.75 million tokens at 0:00 Beijing time on October 18, worth about 1.72 million USD.

The six-year vesting period for Filecoin is about to end, at which point approximately 68 million FIL tokens will be removed from annual releases. Based on the current mining rate, the annualized increase from vesting and block rewards will drop from about 89 million FIL to 21 million.After the vesting period ends, rewards for storage providers will continue to be distributed. Filecoin is a decentralized storage network, and FIL is its native token used to incentivize storage and retrieval services within the network.

According to official website data, since the launch of the synthetic perpetual protocol Papertrade based on HyperEVM at 22:00 Beijing time yesterday, the platform has accumulated a nominal trading volume of over 57.3 billion USD, with open contract positions reaching 3.322 billion USD, and the total margin amount corresponding to all existing positions is 20.29 million USD.Papertrade is a fully on-chain synthetic perpetual trading platform deployed on HyperEVM, with price readings from the Hyperliquid order book BBO mid-price. Users interact directly with the protocol's liquidity providers as counterparties, rather than through traditional order book matching. The protocol emphasizes high leverage, zero slippage, and no funding rates. The native token PAPER has an initial supply of zero, with no pre-mining, team, or VC shares; the only source of minting is user losses or liquidations. Initially, the token cannot be freely transferred and is primarily used for staking.

According to Catcher Predict monitoring, in the Polymarket event "Chicago White Sox vs. Cleveland Guardians," the sub-market "Chicago White Sox vs. Cleveland Guardians" option "Chicago White Sox" has experienced a sharp fluctuation in winning probability, plummeting from 43.5% an hour ago to the current 19.5% (a fluctuation of 24%). Please note the impact of related breaking news.

Regarding the critical vulnerability in the payment engine reported by Veria AI, RippleX engineering lead J. Ayo Akinyele stated that the XRP Ledger (XRPL) payment engine has a serious vulnerability that has existed for over 10 years, which could lead to the issuance of XRP beyond its fixed supply. This vulnerability was discovered through a bug bounty program and has not yet been exploited.The development team has released the xrpld 3.4.1 patch version and coordinated with validators to complete the network upgrade before public disclosure. Akinyele mentioned that AI is accelerating the speed of vulnerability discovery, and XRPL will increase proactive security investments, clean up technical debt, advance formal verification, and systematically eliminate potential risks in old code.

According to Bernama, a man's cryptocurrency wallet in Perak, Malaysia is suspected to have been hacked, resulting in a loss of approximately 12.47 million ringgit (about 3.05 million USD). The Perak police chief stated that the victim discovered on the afternoon of October 9 that his crypto assets had been transferred out without authorization.Preliminary investigations show that the relevant transactions were conducted through the blockchain network. The police are collaborating with the Commercial Crime Investigation Department's cryptocurrency division to trace the flow of funds and investigate the individuals involved. The case is currently being investigated under Section 420 of the Malaysian Penal Code regarding fraud, and the specific method of attack has not been disclosed.

According to the official website of the U.S. Securities and Exchange Commission (SEC), on October 9, 2026, the SEC officially sued Linqto's former executives William Sarris and Joseph Endoso, accusing them of committing fraud by selling equity in pre-IPO unicorn companies to retail investors through their online platform.Between 2021 and 2024, Linqto's subsidiary sold over $430 million in special purpose vehicles (SPV) to retail investors. The SEC accused the two of: falsely reporting prices below market value (with almost all being above fair value), falsely claiming that stocks were "sold out," pretending that prices were dynamically set by algorithms (when they were actually manually priced), and publicly claiming compliance while knowing they were violating regulations. Additionally, they were accused of illegally operating an unregistered investment company and selling unregistered securities to non-accredited investors.The SEC seeks to impose an injunction against the two, recover illegal gains and interest, impose civil penalties, and prohibit them from serving as executives or directors of public companies in the future. The case is being investigated by the SEC's San Francisco Regional Office, with assistance from the U.S. Attorney's Office for the Southern District of New York and the FBI.

According to the market intelligence platform Liquid247.xyz, Coinbase's spot BTC has about 64.37 buy orders at the price level of $82,581, with a nominal value of approximately $5.31 million, which is about a 0.40% pullback from the mid-price of around $82,911 at that time. The total buy orders near the front end amount to approximately $23.73 million, while the sell orders are about $21.52 million.The net buy orders at this venue are approximately $2.2 million, accounting for 4.88% of the total depth. The buy orders near $82,581 are the most prominent support level at the front end.

The Russian government announced the partial lifting of the diesel export ban after an agreement was reached between Trump and Putin.

Bitcoin News posted on platform X that one year ago today, Bitcoin had just reached a historic high of $126,000, and Standard Chartered at that time expected it to reach $200,000. However, October 10 became the largest day for liquidation in the history of the cryptocurrency industry, with a liquidation amount exceeding $19 billion.

According to the Iranian Tasnim News Agency, the public relations department of the Iranian Revolutionary Guard Navy stated that a violative supertanker carrying crude oil attempted to leave through a non-designated route in the Strait of Hormuz and struck a mine, resulting in an explosion.The statement warned that any violative tanker that ignores safety regulations will face the consequences of a fierce fire.

According to official website information, the fully on-chain synthetic perpetual trading platform Papertrade deployed on HyperEVM went live for 1 hour, with a cumulative nominal trading volume exceeding 80 billion USD. Data shows that the cumulative trading losses of platform users reached 4.73 million USD.According to official documentation, the issuance model of the Papertrade token PAPER is such that for every 1 USD lost by platform users, the protocol mints a certain amount of PAPER according to a curve. When the LP balance is below 2 million USD, the minting ratio is fixed at 100 PAPER for every 1 USD lost; currently, due to the LP scale exceeding 2 million USD, PAPER emissions have entered a decay mode.Papertrade reads prices from the Hyperliquid order book BBO mid-price, with users directly trading against the protocol LP as the counterparty, rather than through traditional order book matching. The protocol supports high leverage, zero slippage, and no funding rates.

According to Hupzy, the current net exposure of hedge funds to the "Magnificent 7" in the U.S. stock market has risen to 22%, a record high, surpassing the peak of 21% on June 2024, and increasing by 7 percentage points since July of this year. In comparison, at the bottom of the bear market in 2022, this indicator was only 8%.The record-long positions reflect strong confidence from institutions in technology stocks, but it also means that trading may be overly crowded and does not necessarily indicate that the market will continue to rise. If the relevant investment logic changes, large-scale liquidations could trigger a sharp reversal and directly impact the perpetual contract market for the S&P 500 index; a decline in risk appetite may also further pressure Bitcoin.Additionally, the net exposure of hedge funds in the semiconductor sector is currently at 12%, slightly below the peak of 14% in June 2024, but significantly up from 2% at the beginning of 2025. Over the past three months, the increase in hedge fund exposure to the Magnificent 7 has been the largest since 2023.

Tom Lee, the chairman of the Ethereum treasury company Bitmine, stated in an interview that Ethereum is expected to rise to between $25,000 and $50,000 in this cycle. He believes that ETH has been oscillating in a similar range for the past five years, and continued bottoming may lay the foundation for a larger breakthrough later.Tom Lee also predicts that the price of ETH will exceed $5,000 by the end of the year, noting that if Bitcoin rises above $100,000, ETH is expected to reach around $7,500. However, market prediction data shows that traders currently believe there is only a 4% chance that ETH will rise to $5,000 by the end of 2026.

According to Decrypt, the French National Assembly's Finance Committee passed two cryptocurrency tax amendments this week: starting from January 1, 2027, exchanges of stablecoins regulated by MiCA will be considered taxable sales; and a departure tax will be imposed on tax households relocating overseas with a total value of cryptocurrency assets exceeding 800,000 euros.The committee rejected the budget revenue portion with a vote of 31 to 3, and the full National Assembly will review the original text from the government. The aforementioned amendments will not be automatically included; supporters must reintroduce them during the debate starting on October 13, with a formal vote scheduled for October 20.The related measures have not yet become law. The stablecoin amendment was proposed by left-wing GDR party member Nicolas Sansu and 16 co-signers, applicable to electronic money tokens as defined by MiCA. The amendment does not set a new tax rate but aims to include the related revenue under France's existing unified tax system of 31.4%.The committee also passed an amendment proposed by Daniel Labaronne, allowing investors to carry forward cryptocurrency asset losses for 10 years to offset future gains. The proposed departure tax applies to taxpayers who have been French tax residents for at least 6 of the past 10 years and whose cryptocurrency assets, including custodial assets, have a total value exceeding 800,000 euros.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "Dota 2: Team Yandex vs Team Spirit - BLAST Slam Playoffs," the "Over" option in the sub-market "O/U 2.5 games" has experienced a sharp fluctuation in win rate, plummeting from 45.5% an hour ago to the current 22% (a fluctuation of 23.5%). Please note the impact of relevant breaking news.

According to Arkham monitoring, about 4 hours ago, a certain whale withdrew 440,249 WLD from Bybit through a newly created wallet, worth nearly $250,000.This address had purchased ETH through multiple transactions a week ago, with a total investment of over $1 million.