24/7 Blockchain industry dynamics and breaking crypto news
South Korean crypto exchange Bithumb will list BR and POD tokens for KRW trading on October 6th, with trading set to begin at 7 PM local time. This move expands investment options for Korean users and strengthens Bithumb's market position.
Read MoreAt its Singapore summit, OKX showcased a comprehensive AI finance ecosystem integrating trading, on-chain infrastructure, and developer tools. A demonstration featured an upcoming AI trading bot enabling users to create personalized strategies through natural language, signaling deeper AI integration in financial services.
Read MoreOn October 6, international oil prices plunged sharply, with Brent crude futures breaking below the key $100 per barrel level, down 0.6%. WTI crude followed suit, falling 0.7% to $88.81. This sudden drop has intensified market concerns over global energy demand and economic outlook.
Read MoreOKX Web3 announced at the Singapore summit that its underlying X Layer network has seen DeFi TVL grow 11x this year. The modular ExchangeOS trading system will be opened to developers via the XIP proposal, enabling shared infrastructure and liquidity for faster on-chain spot and perpetual markets development.
Read MoreAMD CEO Lisa Su forecasts sustained "very high" semiconductor demand driven by AI growth, noting supply lags behind demand especially for memory chips. She emphasizes the need for U.S. AI leaders to collaborate on safety and innovation.
Read MoreBinance has launched USDT-margined perpetual contracts for four traditional financial assets, including USDEX, VKTX, MCD, and AKAM. These new contracts offer up to 20x leverage and 24/7 trading, bridging crypto and stock markets.
Read MoreSociete Generale notes Korean equities face declining investor participation and slowing memory chip profit momentum, with sustained net selling by foreign and retail investors. Trading volume has dropped sharply. The bank maintains a neutral stance, favoring industrials/materials linked to global capex and financials benefiting from governance reforms.
Read MoreEthereum developers released an urgent client update before the Glamsterdam test on Sepolia, fixing an issue that could cause validators to produce low-capacity blocks. The test will raise the network's gas limit from ~60M to 200M, a critical trial for future mainnet scalability.
Read MoreAI firm DeepSeek is raising a new funding round targeting over $12 billion, co-led by Tencent and CATL. The massive investment highlights strategic confidence in advanced AI and could significantly impact the competitive landscape.
Read MoreBinance will distribute cash dividends for Marvell Technology and Oracle Corporation tokenized stocks via bStocks. After deducting fees and taxes, net dividends are automatically reinvested into additional fractional shares, credited directly to eligible holders' accounts.
Read MoreSoftBank-backed data center operator DayOne is planning a U.S. IPO that could raise up to $5 billion, according to sources. The move highlights continued investor appetite for digital infrastructure assets.
Read MoreICE has launched gold, silver, platinum, and palladium futures contracts in London, benchmarked to the city's daily auction prices. This move introduces active derivatives trading to the world's largest physical bullion market, potentially reshaping the global precious metals landscape.
Read MoreMidday updates reveal intensified AI and crypto convergence. Bridgewater's Dalio declares a new AI investment era, while US-South Korea-China tech giants compete in multi-billion funding rounds. Crypto PACs increase election spending, signaling deeper industry integration.
Read MoreOKX is integrating crypto and traditional finance through a unified trading interface, offering products like TradFi perpetuals and tokenized stocks. This simplifies access and boosts efficiency for 24/7 global asset trading.
Read MoreKuaishou's AI video generation platform Kling AI has initiated preparations for a Hong Kong IPO, selecting underwriters and targeting a listing as early as next year. The company aims to raise at least $1 billion, marking a significant capital move in the AI content generation sector.
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