Good Evening

Today’s Top Caps

BTC $110K (+0.9%)

ETH $3870 (+1.4%)

USDT $1

BNB $1093 (+1.6%)

XRP $2.51 (0.5%)

Source: Coingecko

Today's Top Gainers

ICP, ZEC, WLD, PUMP, ARB

Source: Coingecko 24HR Top100

Top ETF Tracker

BTC -191M, ETH -98M, SOL +44.5M

Source: Coinmarketcap / Coinglass

Today's Top Headlines

CEO of collapsed Thodex exchange found dead in Turkish prison while serving 11,196-year sentence.

Faruk Fatih Ozer, the former head of cryptocurrency exchange Thodex, was found dead in his Turkish prison while serving out his 11,196-year sentence, local media reported Saturday. Thodex abruptly shut down in April 2021, causing 400,000 users to lose an estimated $2.6 billion in funds. Turkey’s Minister of Justice said initial findings indicate that Ozer took his own life, though an investigation has been opened.

Source: The Block

ZKsync has launched its Atlas upgrade, delivering over 15,000 TPS, sub-second ZK finality, and near-zero fees while enabling real-time L1-L2 liquidity interoperability.

The upgrade allows ZKsync-based chains to directly access Ethereum's liquidity without separate pools, transforming Ethereum into an institutional-grade settlement layer by rearchitecting L1/L2 capital structures.

Source: @WuBlockchain X

In the latest episode of South Park, the South Park kids launch a Crypto memecoin scam which is extremely accurate.

Following this, someone created a ‘South Park Sucks Now' ($SPSN) memecoin and it gets over $14M in volume in the first 4 hours.

Source: @AutismCapital X

BNB Chain reveals root cause of $13k X account hack.

BNB Chain confirmed that all 13 users affected by the Oct. 1 X account hack have been fully reimbursed in USDT, covering total losses of around $13,000 caused by a phishing attack. Internal investigations revealed that the breach occurred through a phishing link, prompting BNB Chain to strengthen its security measures, though the team has not disclosed any efforts to identify or recover funds from the hacker.

Source: Crypto.News

MEXC official announces on X “Clarification on Rumors Regarding MEXC’s Financial Status

Recent online discussions have circulated unverified rumors regarding MEXC’s financial status. We would like to clearly state that these claims are false and misleading. MEXC remains in strong financial health. All user assets are fully backed, and our Proof of Reserves (PoR) data shows that major assets are backed at over 100%. The Merkle tree data will be updated at tonight for users to verify.

Source: @MEXC_official X

Elon Musk unveils X Chat, an encrypted messenger “similar to Bitcoin,” set to launch within months with no ads or data sharing. Although, as of now it is unclear how exactly it is “similar to Bitcoin”.

Source: @Cointelegraph X

Sui Name Service launches NS airdrop for early DAO contributors.

Early Sui Name Service supporters are waking up to a fresh surprise as the network’s core identity project rewards its most engaged members. The decentralized naming protocol built on the Sui blockchain has distributed about 7.6 million NS tokens to more than 95,000 eligible addresses. The rewards, equal to the combined pools of the last five governance proposals, were sent as staked tokens, granting recipients enhanced voting power from the moment they were received.

Source: Crypto.News

Until Next Time, Stay Frosty!