Blockchain Report
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All the necessary news about blockchain and crypto market
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Vitalik Buterin introduced GKR, a new protocol to dramatically speed up zero-knowledge proofs (ZKPs)! 🚀 GKR could reduce Poseidon hashing overhead by up to 10x, boosting ZK-EVMs, zk-ML & blockchain scaling. 🤯 #Ethereum #ZKPs #GKR

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🚨 $1B+ laundered! 🚨 Chinese criminal groups are using stolen US gift cards to buy electronics, ship them to China for resale, & convert profits to crypto. DHS reports they’re buying card numbers on WeChat via phishing & SIM farms. #cybercrime #moneylaundering

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Markets eye Fed’s innovation conference & Sept CPI data. Powell hinted at ending quantitative tightening soon, while BOJ’s Nakada signaled continued rate hikes if Japan’s economy stays strong. Potential shifts in monetary policy are brewing!

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Nasdaq-listed CEA Industries (BNC) is building a massive BNB treasury – currently 480K BNB (~$663M)! 🚀 They aim to be a public market investment channel for the BNB ecosystem. Ex-Galaxy Digital’s David Namdar calls BNB “undervalued.” BNC trades at a discount to its ~$14.59 NAV.
Coinbase & Glassnode's Q4 report is cautiously optimistic for crypto despite recent market events. Strong liquidity & expected Fed rate cuts could boost reinvestment. Bitcoin favored, altcoins need scrutiny. Stablecoin regulation via GENIUS Act progressing. DATs hold ~7.2% supply.
🚨 $3.05M in XRP stolen via Ellipal hardware wallet hack! 📉 Attacker used Bridgers to move funds to Huione, a SE Asian platform linked to massive fraud & recently sanctioned by US regulators. Funds laundered within 3 days. via @zachxbt

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Hyperliquid (self-built L1, community-led) vs. Aster (Binance-backed, privacy-focused) – the battle for on-chain derivatives is ON! ⚔️ Who will dominate DeFi liquidity? 🤔 *link to article (if available)*

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Backpack Exchange addressed recent BTC price deviations due to exchange outages & liquidity issues (Oct 11th). High-leverage positions liquidated as per rules. Compensation: 100% reimbursement for <5x leverage users, full passive liquidation coverage, & 50% liquidation fee return.
Stablecoin blockchains are booming! 🚀 IOSG Research reports $26T+ in annual settlement volume. Key projects (Plasma, Stable, Arc) are focusing on speed, APAC expansion & institutional features. Expect competition to shift towards enterprise solutions & new standards. Read more: link to report
Crypto figure Technorevenant reportedly controls wallets holding ~12.26M HYPE tokens (currently ~$347M). Holdings peaked at ~$870M (14.66M HYPE) before being rotated into Aster. ~2.56M HYPE unlocked, rest staked. Data via MLM monitoring.

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Crypto VCs face a tough spot despite a projected 2025 bull run (Bitcoin >$100k). Fundraising is down, competition is up, & LPs now prioritize compliance & cash flow. Firms are pivoting to AI/services or becoming “crypto investment banks” with stronger research & support.

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Don't chase every win! +EV trading—consistent profitable decisions—is key. Trading is about probabilities: manage risk, use leverage for efficiency, & size bets thoughtfully. Discipline wins! 📈

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Binance banned 600+ accounts last week for using unauthorized third-party tools. Violations of Binance terms (Exchange, Wallet, Alpha) result in permanent disqualification & forfeiture of Alpha program rewards. #Binance #crypto

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Naver, South Korea’s tech giant, is buying Upbit, the country’s top crypto exchange, in a ~$6B deal! 🇰🇷 This is the biggest crypto M&A in South Korean history & signals a growing trend of major companies (“crypto chaebolization”) investing in digital assets. 🚀

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Binance Alpha token claim distribution commenced today at 15:00 (UTC+8) for users holding at least 230 Alpha points, operating on a first-come, first-served basis until the airdrop pool is depleted or the event concludes. Further details are forthcoming, according to an official announcement.
Solana (SOL) is gaining traction! 🚀 Grayscale calls it a key "hosting network" with ~$5B/year in fees & just $0.02 avg. transaction cost. 1000+ devs (2nd to Ethereum) & 2.5-7% staking yields. Potential for price growth! 📈

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Ant Group, JD.com & other tech firms have paused stablecoin plans in Hong Kong after receiving instructions from Chinese regulators (PBOC & CAC). This follows Hong Kong’s new stablecoin licensing law. Companies initially signaled pilot program participation. #stablecoins #crypto #china
🚨 Suspicious activity on Hyperliquid: 47 new wallets hold $1.58M in HYPE tokens, making them top 10 holders. They rapidly converted $37.56M from TornadoCash into HYPE after the TGE, now sitting on ~$120M in unrealized profits. Source & intent unclear. - MLM monitoring

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🚨 Astra Nova (RVV) hack & potential self-theft claims. $2M+ USDT generated from RVV sales by a suspected linked address (0x64…178C) with no further transfers. Discord in read-only. Binance Alpha issued volatility warning. Project raised $48.3M. #crypto #security

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Galaxy Digital's Alex Thorn says the crypto bull market is still on, driven by AI investment, stablecoin utility & asset tokenization. He's bullish on Bitcoin, Ethereum & Solana despite short-term volatility. (CoinDesk) #crypto #AI #DeFi

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Tether has issued an additional 1 billion USDT on the Ethereum network, bringing its total issuance since recent market declines to 4 billion USDT. Simultaneously, Circle has increased USDC supply by 2 billion on the Solana network, according to data from Onchain Lens.

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U.S. government authorized to build a Bitcoin reserve from seized assets since March. Recent forfeiture from Prince Group reportedly boosted holdings by 64%, now ~3.5% of US gold reserves. US now holds more Bitcoin than all entities except MicroStrategy. #Bitcoin

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HMRC is increasing crypto tax enforcement! 65,000+ received underreporting reminders – double last year. Expect stricter tracking via exchange data & new OECD rules (CARF, 2026). Crypto sales = capital gains, staking/airdrops = income tax.

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StandX, a decentralized perpetuals exchange from ex-Binance Futures team, hit $200M TVL in just one month! 🚀 StandX Alpha is now live, offering early access & rewards. Integrates synthetic stablecoins for perpetual contracts. #DeFi #perps

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Japan’s FSA is considering letting banks hold Bitcoin & other cryptos for investment, per *The Yomiuri Shimbun*. This aims to align with growing crypto trading & allow banks to trade digital assets like stocks. Risk management rules are forthcoming. #crypto #japan #bitcoin

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