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An anonymous Bitcoin whale address beginning with bc1q4h transferred 4,500 BTC worth about $375.72 million to an external address around six hours ago after four years of dormancy, according to Lookonchain.

A legacy auction management contract tied to MakerDAO, now SKY, was exposed in an attack that drained 200 ETH worth more than $500,000, CertiK said. The blockchain security firm identified the cause as missing access controls on the 0x8804d1de function in the contract’s implementation. According to CertiK, the contract still held four unsettled 50 ETH transactions linked to the March 2020 “Black Thursday” liquidation event, when the assets were won with $0 bids. The attacker then moved the stolen funds to Tornado Cash in 10 ETH increments, CertiK said.

North American crypto mining company Foundry said on X that CEO Mike Colyer will step down after seven years. The company said Colyer will remain at Foundry as a strategic adviser for the next six months to support a smooth transition.

Standard Chartered’s Singapore branch said it plans to offer custody services for select cryptocurrencies to institutional clients. The service will use digital asset custody platform Zodia Custody and will integrate digital asset custody capabilities into the bank’s existing compliance and asset management infrastructure. Zodia Custody currently supports more than 75 cryptocurrencies and tokenized assets.

Kyrgyzstan has shut down its state-backed gold-collateralized stablecoin project, USDKG, less than a year after launch, Asia Today reported. USDKG said in an official X post on Oct. 6 that it had suspended operations under a Kyrgyz government decision. With the project ending, activity on its blockchain network will also stop, and existing token holders can exchange USDKG for fiat currency or Tether (USDT) via email. The Kyrgyz government said the move was not due to a failure of USDKG itself, but was aimed at optimizing state participation in business and improving the efficiency of state-owned asset management.

A Bitcoin address that had been dormant for more than 16 years transferred 100.02 BTC worth $8.55 million out of the wallet, according to Galaxy Research. The BTC had not moved for about 16.2 years after first being received on July 30, 2010, and the transfer was confirmed at Bitcoin block height 970379.

Binance CEO Richard Teng said at Token2049 in Singapore that demand for stock tokens and private market products is significantly high in the crypto market. He added that inefficient information distribution is hindering growth in parts of the private market, while constraints still remain to be resolved.

Bithumb announced the addition of Dagent AI (AIA) and CASHCAT to KRW trading pairs at 5:00 a.m. UTC today.

Grayscale said it has selected BitGo Bank and Trust as an additional custodian for its Hyperliquid staking ETF. According to a filing submitted to the U.S. SEC, BitGo will provide custody and safekeeping services for a portion of the HYPE held by the ETF.

Coinbase has filed its opening brief with the 2nd U.S. Circuit Court of Appeals, asking the court to confirm that authority to regulate prediction markets rests exclusively with the U.S. Commodity Futures Trading Commission, not individual states. Molly Abraham, Coinbase’s vice president of legal, said on X the issue is not whether prediction markets should be regulated, but who should regulate them. Abraham said prediction markets are already regulated under the Commodity Exchange Act and argued the key question is whether oversight should remain with the CFTC, which has supervised derivatives markets for more than 50 years, or with all 50 states acting under their own priorities. Abraham added Congress has already granted that authority to the CFTC and Coinbase is seeking judicial confirmation of that point.

Lee Eog-weon, chairman of South Korea’s Financial Services Commission, said in opening remarks at a National Assembly audit by the National Policy Committee on Oct. 8 that he would work to accelerate legislation aimed at fostering a healthy digital asset ecosystem, Dailian reported. Lee also said authorities are pushing to ease network separation regulations on the premise of maintaining security, as part of efforts to support innovation in the financial sector and strengthen cybersecurity capabilities.

A whale address known as "pinosaur.eth" deposited 9,618 ETH worth $24.58 million into Kraken about six hours ago after holding the assets for about nine years, EmberCN reported. Exchange deposits are generally interpreted as a sign of potential selling. The address previously withdrew 7,459 ETH from Bitfinex in April 2017, when ETH was trading at around $50. If the whale sold the holdings, the realized profit would be estimated at about $24.21 million, or roughly 65 times the initial investment, according to EmberCN.

Cos, founder of blockchain security firm SlowMist, warned users about active phishing sites impersonating the web version of crypto social trading app FOMO. Cos said the phishing sites prompt users to complete a fake bot-verification process, then persuade them to add malicious JavaScript code to the browser’s bookmarks. After victims click the bookmark two or three times, account details from FOMO sessions they had previously logged into are transmitted to the attackers, who can then immediately steal the cryptocurrency held in those accounts. Cos added SlowMist has already obtained related attack samples and wallet addresses linked to the attackers.

ARK Invest, led by Cathie Wood, sold 151,903 shares of Robinhood (HOOD) from its ARK Innovation ETF (ARKK), worth $16.6 million, The Block reported.

Yapı Kredi Crypto, the digital-asset unit of major Turkish bank Yapı Kredi, has adopted trading technology from Web3 corporate platform Integral as it moves to launch a cryptocurrency trading service, Bitcoinist reported. Integral is set to provide Yapı Kredi Crypto with pricing, liquidity aggregation and risk management technology.

Three new whale wallets withdrew 23,456 ETH worth $60.37 million from Coinbase three hours ago, according to ai_9684xtpa. Exchange outflows are typically interpreted as a sign of holding intent.

Crypto investment firm Multicoin Capital deposited an additional 67,500 HYPE worth $5.92 million to Coinbase Prime, according to Onchain Lens. That brought Multicoin Capital’s total HYPE transferred to Coinbase Prime over the past four weeks to 760,580 tokens worth $62.99 million.

Nasdaq-listed HYPE accumulation firm Hyperliquid Strategy said it was not the buyer in Hyperliquid Labs’ $320 million over-the-counter sale of HYPE, according to Zoomer News. CEO David Shammas said on X the company was not involved as the purchaser in the transaction.

Cointelegraph, one of the better-known crypto media outlets, is seeking a buyer after a sharp drop in traffic, CoinDesk reported, citing anonymous sources familiar with the matter. According to CoinDesk, Cointelegraph was hit by a Google penalty in October 2025 and disappeared from Google search results, cutting organic search traffic by about 80%. Similarweb data showed Cointelegraph’s monthly visits were above 12 million in December 2024, but had fallen to just over 700,000 as of Sept. 1 this year. CoinDesk added the prolonged slump in the crypto market also hurt traffic as user interest shifted away from crypto news. Against that backdrop, Cointelegraph has quietly begun looking for an acquirer, though no target sale price has been disclosed.

Johanna Collins-Wood, Bitwise’s head of legal for U.S. asset management, viewed the U.S. SEC’s proposed overhaul of transfer agent rules as a positive step for the tokenized stock market. In a post on X, Collins-Wood said the SEC’s approach of updating existing securities rules in a technology-neutral way, rather than applying separate rules to crypto tokens, was the right one. Collins-Wood said the key issues are who maintains shareholder registries on blockchain, what rights token holders actually have, and how stock transfer rules apply. Collins-Wood added the SEC specifically proposed separate reporting for tokens directly involved in issuance by companies and tokens issued by third parties, as investors could face losses if a third-party issuer goes bankrupt. Collins-Wood also said the SEC included 175 questions in the proposal and encouraged relevant market participants to submit comments by Nov. 3.

Hashed Open Research, a think tank under South Korean crypto and blockchain venture capital firm Hashed, published a report on Oct. 8 comparing digital asset policies across five major jurisdictions: the U.S., the European Union, Japan, China and South Korea. The report described South Korea as being in a state of high capability but low conversion, saying the country has world-class IT infrastructure and a competitive content industry base but has not sufficiently translated those strengths into institutional competitiveness in the digital asset industry. It added that despite strong technological and industrial capacity, slow interagency policy coordination and regulatory formalization have limited the market’s ability to realize its full potential. As a key task for South Korea, the report pointed to building an execution framework that links policy and the market so pilot projects and regulatory improvements can lead to actual commercialization.

Hyperliquid developer Hyperlabs unstaked 3.75 million HYPE worth about $332 million eight hours ago, EmberCN reported. A CoinNess analysis of EmberCN’s post found the tokens were transferred about four hours ago through five wallets before reaching an address beginning with 0x875, which may belong to an institutional investor that bought HYPE from Hyperlabs through an OTC deal.

CoinMarketCap’s Altcoin Season Index came in at 61, down one point from yesterday. The index is calculated by comparing the price performance of Bitcoin with that of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. An altcoin season is identified when 75% of the top 100 coins have outperformed Bitcoin over the past 90 days, while the opposite is considered a Bitcoin season. A reading closer to 100 indicates a stronger altcoin season.

The U.S. government transferred a total of 9,261 BTC worth $770 million to Coinbase Prime over two days on Oct. 6-7, Galaxy Research reported. About half of the amount was recovered from the Bitfinex hack, while some of the rest came from assets forfeited by an exchange. Galaxy Research said it also identified 2,456 BTC that had not been previously disclosed entering the government’s Coinbase Prime deposit address, leading it to estimate the tokens were government-seized assets.

Sui said through its official channel it is pursuing an integration with Samsung Wallet that is expected to enable Sui-based USDC transfers on about 82 million Galaxy devices in the U.S. The service will also include a gasless transfer feature, allowing users to send USDC without paying separate network fees. At launch, only USDC will be supported, while the SUI token will not be included. Chae Won-cheol, a vice president who leads the digital wallet team at Samsung Electronics' MX division, said stablecoins have the potential to make global money movement faster and simpler, and added that the partnership with Sui aims to let Galaxy users use stablecoins in Samsung Wallet without the complex steps tied to existing crypto services.