Binance Alpha has listed Derive (DRV), users with at least 245 points can claim an airdrop of 70 DRV tokens
Binance Alpha has now listed Derive (DRV). Users holding at least 245 Binance Alpha points can claim an airdrop of 70 DRV tokens on a first-come, first-served basis. If the reward pool is not fully claimed, the points threshold will automatically decrease by 5 points every 5 minutes. Claiming the airdrop will consume 15 Binance Alpha points. Users must confirm the claim on the Alpha event page within 24 hours, otherwise it will be considered as forfeiting the airdrop.
Galaxy Research Head: Over half of BTC belongs to unidentified addresses, individual holdings still dominate amid institutionalization trend
Galaxy Digital research head Alex Thorn stated that more than half of the BTC supply is located in addresses with unidentified ownership. Despite the trend of institutionalization and concentrated holdings in recent years, a massive amount (and possibly even the vast majority) of Bitcoin is still self-custodied by individuals.
XRP treasury company Evernorth plans to use its $648 million XRP reserve to conduct business
XRP treasury company Evernorth has partnered with Ripple, Kraken, Coinbase, and BitGo, and plans to use its reserve of approximately 473 million XRP (worth about $648 million at current value) to conduct business. Evernorth plans to actively manage its holdings through lending, liquidity provision, and other yield strategies, aiming to increase the amount of XRP per share rather than simply holding. As related features go live, the company also plans to expand into lending business on the XRP Ledger and on-chain DeFi strategies.
Strive increases holdings by 2,822 BTC, total holdings reach 35,595
Bitcoin treasury company Strive CEO posted that between October 12 and October 13, Strive spent $235 million to increase its holdings by 2,822 Bitcoin, bringing total holdings to 35,595.
U.S. September CPI annual rate hits new high since May
The U.S. September unadjusted CPI annual rate came in at 3.7%, the highest since May this year, above the market expectation of 3.6%. The U.S. September unadjusted CPI monthly rate came in at 0.6%, the highest since April this year, in line with expectations.
U.S. September core CPI annual rate hits new high since June
The U.S. September unadjusted core CPI annual rate rose to 2.6%, the highest since June this year, above the market expectation of 2.5%. The U.S. September seasonally adjusted core CPI monthly rate came in at 0.3%, above the market expectation of 0.2%.
Polygon Labs completes acquisition of Coinme, Open Money Stack becomes a U.S. regulated payment platform
Polygon Labs announced the completion of its acquisition of Coinme and the integration of regulated U.S. money transfer services into Polygon Open Money Stack. Through this transaction, Polygon's U.S. payment business covers 48 states, holds money transmission licenses in 37 states and 11 applicable exemptions, and is registered with FinCEN as a money services business. Tazapay, Mesh, Toku, and Kira have become the first customers, applied to cross-border commercial payments, account top-ups, global payroll disbursement, and USD services.
Fed October rate hike probability rises to 43.7% after U.S. CPI release, doubling from before the data
The CME FedWatch tool shows that traders' bets on a 25 basis point Fed rate hike in October continue to heat up, with the probability rising to 43.7%, while the probability of keeping rates unchanged fell to 56.3%. Compared with before the release of the U.S. September CPI data, the rate hike probability has risen by 22.1 percentage points from 21.6%. U.S. September CPI rose 3.7% year-over-year, above the market expectation of 3.6%, further boosting market expectations for a Fed rate hike this month.
U.S. 30-year Treasury yield breaks above 5.62%, up 5.8 basis points intraday
U.S. long-term Treasury yields rose rapidly, with the U.S. 30-year Treasury yield rising to 5.624%, up 5.8 basis points intraday, an increase of about 1.05%; it touched an intraday high of 5.627%. The U.S. 10-year Treasury yield stood at 5.327%, also with a relatively notable intraday increase.
K33: Strategy's preferred stock financing for Bitcoin purchases is costly, annualized dividend expense reaches $725 million
K33 research head Vetle Lunde pointed out that Strategy's model of financing Bitcoin purchases through preferred stock (especially STRC), although it helped increase holdings by nearly 100,000 BTC in the first half, significantly raised the cost of capital and may not be worth the cost.
K33 simulation scenarios show that if STRC financing had not been used to buy Bitcoin in the first half, Strategy's Bitcoin holdings as of Monday would have been 843,303, while actual holdings are 848,250, only 4,947 BTC more. At the same time, STRC and other preferred stock have brought about $725 million in annualized dividend expenses. At the current Bitcoin price of about $83,000, this equates to a cost of about 8,740 BTC per year. K33 believes that the preferred stock model adds complexity to what was originally a simple capital structure.
UBTC whale swaps another 13,000 ETH in 24 hours, recently accumulating over $100 million in swaps
The "UBTC to ETH swap whale" continued swapping another 13,036.32 ETH over the past 24 hours, worth $32.59 million; since 10.11, it has recently accumulated swaps from BTC to over 39,832.76 ETH, with an amount exceeding $100 million.
BlackRock Q3 digital assets scale reaches $79.6 billion, up 63% quarter-over-quarter
BlackRock's third-quarter earnings report shows that digital asset funds attracted $7.9 billion in inflows in the third quarter, reversing about $2.2 billion in outflows in the first half. Digital assets under management at the end of September were $79.6 billion, an increase of $30.8 billion from $48.8 billion at the end of June, up 63%; of which $22.9 billion of the increase was attributed to rising cryptocurrency prices. Despite the rebound, BlackRock's digital assets under management are still 23% lower than a year ago.
European Banking Authority designates USDC as the first significant e-money token under MiCA
The EBA has designated USDC, issued by Circle Internet Financial Europe SAS, as a significant electronic money token (EMT) under the Markets in Crypto-Assets Regulation (MiCA). Currently, a total of 45 EMTs in the EU have completed notifications under MiCA, and USDC is the first token designated as a significant EMT.
Starting November 12, 2026, prudential supervisory responsibilities for USDC, including own funds, reserve assets, liquidity requirements, and recovery and redemption plans, will be transferred from the French Prudential Supervision and Resolution Authority (ACPR) to the EBA, while the ACPR will continue to oversee areas such as corporate governance, qualifying holdings, outsourcing, and conflicts of interest. In addition, the EBA has signed a memorandum of understanding with the New York State Department of Financial Services (NYDFS) to strengthen cross-border stablecoin regulatory cooperation.
U.S. OCC: Nine major banks once restricted digital asset companies' access to services citing reputational risk
According to an official press release from the U.S. Office of the Comptroller of the Currency (OCC), the OCC released a "debanking" review report on the nine largest national banks it supervises, finding that JPMorgan Chase, Bank of America, Citibank, Wells Fargo, U.S. Bancorp, Capital One, PNC, TD Bank, and BMO all had policies between 2020 and September 2025 that may have denied or restricted services based on political or religious views or lawful business activities, with restricted industries including digital asset activities, as well as oil and gas, coal, firearms and ammunition, detention facilities, and tobacco. The OCC reviewed nearly 100,000 complaints and about 420,000 pages of documents in this review. OCC head Jonathan Gould said he is "not confident" that these banks' recent remediation is sufficient, and the OCC will evaluate further adjustments to the regulatory framework for large banks.
Riot Platforms (RIOT) stock falls 10.11% intraday, now at $14.98
According to Binance market data, Riot Platforms (RIOT) stock fell 10.11% intraday, now at $14.98.MARA stock fell 10.00% intraday, now at $8.23
According to Binance market data, MARA stock fell 10.00% intraday, now at $8.23.
Apple plans to launch first batch of Apple Intelligence features in China in December
Apple is preparing to launch the first batch of Apple Intelligence features in China via iOS 27.3 in December this year, after the features were shelved in China for years due to regulatory review. The features being rolled out are those first launched in 2024, excluding the new AI features introduced with iOS 27 in the US and other regions, and also excluding Siri AI. Gurman said Apple executives are not optimistic about Siri AI launching in China soon, but he believes the upgraded Apple Intelligence will eventually land in China.
South Korean stock index opens down more than 5%
South Korea's KOSPI index fell below 6000 points, down 5.59% intraday. SK Hynix fell more than 7%, Samsung Electronics fell more than 6%.
South Korea Exchange activates sidecar mechanism for KOSPI index, halts program selling
South Korea Exchange activated the sidecar mechanism for the KOSPI index, halting program selling.
Nikkei 225 falls 3.00% intraday, now at 65,711.85 points
Nikkei 225 fell 3.00% intraday, now at 65,711.85 points.
xAI releases Grok Voice 3.0, voice API priced at $0.08 per minute
xAI released the speech-to-speech model Grok Voice 3.0, with the API now open, priced at $0.08 per minute, flat with the previous generation. The company says its response latency is under 1 second and it ranked first on the Artificial Analysis speech-to-speech index with a score of 86.9. The model is already used for millions of daily conversations at Tesla and SpaceX; Starlink customer service handles about 20,000 calls per day, with about 70% resolved without human intervention.
Doubao phone rejected by 155 apps for agent operations, including WeChat, Taobao, Alipay
ByteDance's Doubao phone assistant released a "list of apps refusing operations" on October 14. As of 16:00 that day, a total of 155 apps declared they refuse operations by Doubao's on-device GUI agent, including national-level apps such as WeChat, QQ, Taobao, Tmall, Meituan, and Alipay. Among them, 66 were "Tencent and affiliated ecosystem apps" and 23 were "Alibaba and affiliated ecosystem apps." Pinduoduo, Xiaohongshu, Zhihu, DeepSeek, the three major telecom operators, and apps from multiple banks including CMB and ICBC were also on the list. QuestMobile data shows that among the top ten apps by user scale in the first half of the year, only Douyin and JD.com did not explicitly refuse.
Previously, the Doubao phone assistant introduced the Screen Automation Execution Protocol (SAEP), requiring developers to proactively declare refusal within a 30-day public notice period starting September 14; if they did not refuse, GUI agent operations on their apps would be open by default. The ZTE Nubia NaviX Ultra equipped with the Doubao phone assistant went on sale on September 16.
Whale sells 1,312 BTC for 43,000 ETH in 4 days, sitting on $4.15 million unrealized loss
A whale/institution has continued executing a "sell BTC, buy ETH" strategy: over the past day, it sold another 237.8 BTC for $19.7 million USDC and bought 7,929 ETH. Over 4 days, it cumulatively sold 1,312.1 BTC, converted into $109.1 million USDC, and bought 43,275 ETH, with an average ETH buy price of $2,521, currently sitting on an unrealized loss of about $4.15 million. Its operational path is: transfer BTC on the Bitcoin chain to Hyperliquid, sell for USDC, then withdraw back to Arbitrum and bridge to Ethereum to buy ETH.
South Korea's KOSPI index extends decline to 7%, SK Hynix falls 10%
South Korea's KOSPI index fell 7%. SK Hynix fell 10%, Samsung Electronics fell nearly 8%.
Gamdom attacked, about $4.2 million stolen across multiple chains
Gambling platform Gamdom suffered an attack, with funds stolen across multiple chains. About $2.2 million was stolen on EVM chains (ETH, BSC, POL, ARB, OP), $965,000 on Solana, $375,000 on TRON, and $668,000 on BTC, totaling about $4.2 million. Data comes from Arkham. Gamdom officially said that about 24 hours earlier it detected a suspected disk failure on one server, and during the investigation found an unauthorized connection on an automation server.
DeepSeek website and API partially disrupted, official says cause identified
According to DeepSeek's official status page, DeepSeek's website and API services experienced a partial disruption starting at 08:11 on October 15, involving three components: DeepSeek V4 Pro API, V4.1 Flash API, and Chat service. As of 09:08, the official status was updated to "identified," indicating the cause had been found and a fix was being implemented. Previously, from 08:11 to 08:14, the status showed "investigating." The service is still in a "fully disrupted" state, with no recovery time announced.
Arthur Hayes transfers 8,012 ETH to a new wallet, worth about $19.41 million
Arthur Hayes transferred 8,012 ETH (about $19.41 million) to a new wallet, address 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21.
Nikkei 225 extends intraday decline to 4%
Nikkei 225 fell 4.00% intraday, now at 65,029.47 points.
Whale closes 20,000 ETH long position, profits $8.93 million
A whale that went long ETH before the market rebound has closed its position, profiting $8.93 million. The whale opened a 20,000 ETH ($48.4 million) long position on August 19, held it for more than 56 days, with unrealized profit peaking at one point at $17 million.
Hong Kong storage concept stocks decline, CSOP 2x Long SK Hynix falls more than 22%
Hong Kong storage concept stocks declined, with CSOP 2x Long SK Hynix falling more than 22%, CSOP 2x Long Samsung Electronics falling more than 20%, Montage Technology falling more than 9%, and GigaDevice falling more than 6%.
Previously, South Korea's KOSPI index fell 7%, SK Hynix fell 10%, and Samsung Electronics fell nearly 8%.
Crypto market speculation shifts to traditional assets: RWA perpetual contract open interest rises to $9 billion
Data shows that over the past year, total perpetual contract open interest on major trading platforms fell from $81 billion to about $67 billion, but open interest in contracts linked to real-world assets (RWA) rose from nearly zero to $9 billion, accounting for 14% of the total, indicating that leveraged trading activity in the crypto market has not yet recovered to previous levels, and related trading infrastructure is gradually expanding toward traditional assets such as stocks and commodities.
Over the same period, Bitcoin perpetual contract open interest decreased by about $8 billion, Ethereum by about $5 billion, and other tokens by about $10 billion in total. The growth in traditional asset contracts only partially offset the above declines.
AI Quick Read
A curated selection of the most noteworthy AI news from the past 24 hours, helping you filter out AI noise. Source: PANews AI Observation Desk
US AI tech stocks plunge
Summary: The US stock AI sector suffered large-scale selling, triggering market concerns about an AI bubble burst. Discussions on social platforms about excessively high AI valuations have heated up sharply.
DeepSeek goes down
Summary: DeepSeek services experienced a large-scale outage, with both the website and API interfaces inaccessible. A large number of users flooded Weibo to report the issue, and related topics quickly trended.
Open-source model Ultramarine released
Summary: Developer bertgodel released the open-source model Ultramarine, which gained more than 870,000 views and extensive developer discussion on X. The model has sparked a new round of community attention on the upper limits of open-source model capabilities.