24/7 Blockchain industry dynamics and breaking crypto news
The Sui Foundation has invested $30 million in DATA Network. The AI training data protocol will migrate entirely to the Sui blockchain and integrate with storage layer Walrus, retiring its original chain. This strategic move aims to build a robust decentralized infrastructure for AI data contribution and provenance tracking.
Read MoreOn Columbus Day (Oct 12), the US cash bond market is closed, while stock markets and Treasury futures operate normally. Investors should note this trading schedule divergence.
Read MoreSouth Korea is expanding its tokenized securities market to include bonds and funds, with new legal amendments set for implementation in February next year. Initial offerings will target institutional investors, while retail access will be phased in. Regulatory measures include purchase limits for individuals and expanded roles for non-financial institutions.
Read MoreOn October 12, South Korea's KOSPI index fell sharply, dropping 3% to 6,427.08 points. Tech heavyweights led the decline, with SK Hynix down over 4% and Samsung Electronics falling nearly 3%, highlighting investor concerns over the global economic outlook.
Read MoreBitcoin has surged past the $84,000 mark, hitting new historic highs amidst significant market volatility. The current price stands at $84,004.27, with a 24-hour gain of 1.25%. While momentum is strong, heightened fluctuations call for cautious risk management.
Read MoreBinance will support cash dividend distribution for Micron Technology via bStocks. Related conversion and transfer services will be temporarily suspended during the process, with dividends credited directly to users' spot accounts.
Read MoreXRPL Foundation clarifies misconceptions about a recent security patch, confirming it did not create new XRP. The total supply remains fixed at 100 billion. The complex bug has been fixed, and circulating supply is slightly lower due to transaction burns. Enhanced security measures are planned.
Read MoreOn October 12, WTI crude oil broke below the key $90 per barrel level, turning intraday gains into a 1.07% loss. Brent crude also fell around 1% to $101.71, signaling a shift in market sentiment as traders reassess the outlook.
Read MoreTwo Ethereum Foundation-linked wallets transferred 4,393 ETH (worth $11.13M) to Kraken. The wallets received nearly 60,000 ETH from the Foundation a decade ago and have been gradually moving portions to exchanges over the years, revealing a long-term asset distribution pattern.
Read MoreLeading AI firm Anthropic has entered a cloud services agreement with infrastructure provider IREN, securing critical computing power for its advanced AI model training and deployment. This strategic move aims to bolster Anthropic's technical infrastructure and competitive edge in the generative AI landscape.
Read MoreSecurity firm SlowMist reveals that the ongoing Ledger hardware implant attack investigation has identified a case involving the Flex model. The breach originated from malicious hardware modules implanted into devices via Southeast Asian authorized distributor CryptoBilis, leading to asset theft. Ledger has suspended the distributor and advises affected users to transfer assets immediately.
Read MoreBillionaire Adam Weitsman revealed a major NFT acquisition, purchasing 117 Pudgy Penguins in a single on-chain transaction. He framed the move as supporting a beloved collection during challenging times and expressing confidence in the community's strength.
Read MoreOn October 12, South Korea's KOSPI index fell 1% to close at 6557.84 points. Semiconductor stocks underperformed, with SK Hynix dropping over 2% and Samsung Electronics declining nearly 1%. Japanese markets were closed for a public holiday.
Read MoreBitMEX co-founder Arthur Hayes announced the FLOP testnet will launch within weeks, featuring a 90-day testing phase and a mainnet target in Q1 2027. Participants in testnet mining can expect token airdrops, driving significant community interest.
Read MoreMajor token unlocks for STRK, APT, ARB, and others occur this week, with CRO's release valued near $70 million. These events may increase selling pressure and impact market liquidity. Investors should monitor price action closely.
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