24/7 Blockchain industry dynamics and breaking crypto news
Binance has announced the removal of four spot trading pairs – BONK/FDUSD, JUP/FDUSD, LDO/FDUSD, and WAL/BNB – effective October 23 at 11:00 AM UTC+8. Users are advised to adjust their positions accordingly.
Read MoreA dormant DeFi protocol attacker has transferred at least 13,400 ETH (worth around $32 million) to a privacy protocol, potentially obscuring fund trails. The address still holds approximately $225 million in crypto assets, raising ongoing concerns about DeFi security and fund tracking capabilities.
Read MoreHong Kong stocks closed lower on October 20, with the Hang Seng Index dropping 1.32% to 23,867.74. Trading volume reached HK$190.46 billion. Pharmaceutical and media sectors gained, while metals and power equipment declined. Lenovo led losses, plunging nearly 10% amid earnings concerns.
Read MoreUK digital bank Revolut is experiencing a major global service outage. Mobile app functions are limited, and physical card payments are failing offline. The company has acknowledged the issue and is working on a fix.
Read MoreJ.P. Morgan's report suggests global banks face limited exposure to CoreWeave despite recent debt concerns. While some major US and Japanese banks may have billions at stake, most European and Asian lenders' exposure is under $500 million, with loans well-structured and collateralized.
Read MoreChina's Foreign Ministry criticized the US for politicizing technology trade after it barred federal agencies from using Chinese AI products like DeepSeek, vowing to safeguard Chinese companies' rights.
Read MoreDeepSeek V4.1 Flash leads open-source models on Arena's Agent leaderboard, ranking 11th overall. It excels in task success, user feedback, Bash command execution, and steerability, with a median cost of $0.20 per task, balancing performance and affordability.
Read MoreTencent Cloud has launched Yuanbao Search, a next-generation AI-powered search engine. It leverages large models across content indexing and retrieval, integrates massive open-web and Tencent ecosystem resources, and now supports billions of daily queries with a trillion-scale index for over 50 core business applications.
Read MoreOn October 20, key European stock indices opened lower across the board. The Euro Stoxx 50, Germany's DAX, France's CAC 40, and the UK's FTSE 100 all declined, signaling potential market caution ahead of economic data or events.
Read MoreSouth Korean data center firm Elice plunged 32% on its market debut, marking the worst first-day performance for a major Korean IPO. The crash, despite massive retail oversubscription, highlights growing investor skepticism over justifying the industry's heavy AI-driven investments.
Read MoreThe SUI blockchain network has partnered with Samsung Wallet, aiming to integrate its network to enable direct USDC transfers. The feature is expected to launch first in the US by late October, potentially reaching around 82 million Galaxy devices.
Read MorePresident Zelenskyy discussed urgent security needs with U.S. Secretary Rubio, including restoring satellite communication services, securing missile defense systems, and enhancing early warning against Russian ballistic attacks. Both sides agreed to follow up promptly.
Read MoreOn October 20, South Korea's KOSPI index closed down 3.73% at 5,553.08 points, marking a significant decline. The sell-off was led by major tech stocks like Samsung Electronics and SK Hynix, highlighting concerns over global monetary tightening and shifts in the semiconductor cycle.
Read MoreEthereum Institutional has named David Duong, former global head of investment research at Coinbase, as its US lead based in New York. With prior macro strategy roles at HSBC, Santander, and Deutsche Bank, Duong will drive institutional market expansion.
Read MoreThe BOJ is expected to hold rates steady at its October meeting while likely raising its inflation forecast for the next fiscal year due to persistent oil price pressures. Policymakers may flag growing inflation risks, keeping the door open for a potential hike as early as December, depending on yen movements.
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