7:00-12:00 Keywords: Lubian Mining Pool, Bitfarms, Ripple Labs

 according to Lookonchain monitoring, the smart money address 9gcGLQ sold 61,845 SOL tokens at a price of $186 three hours ago, with a total value of approximately $11.52 million. This address had previously made a profit of $3.4 million through $ai16z and $3 million through $arc.

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 according to The Data Nerd monitoring, 14 hours ago, this steadfast "diamond hand" Ethereum holder deposited 4000 Ethereum (worth about 16 million US dollars) into Binance.

 according to on-chain analyst Yu Jin's monitoring, the whale who sold ETH and shorted BTC made a profit of $2.6 million after closing the short position yesterday, and today turned around and opened a long position.

 according to Bloomberg, Hyperliquid is currently controlled by a small group of insiders, raising questions about its level of decentralization. For supporters including Paradigm and Pantera Capital, it is both a bet on the future of digital finance and a reminder that the entire industry is still operating outside of formal regulatory systems.

 Bitcoin miner Bitfarms Ltd. (stock code BITF) announced that it has set the pricing for the issuance of its convertible senior notes due in 2031, with a total principal amount of $500 million and a coupon rate of 1.375%.

according to Bubblemaps monitoring, a single entity is suspected to control half of the high-yield COAI addresses, with total profits reaching $13 million. Six months ago, 60 wallets exhibited similar operating patterns:

data shows that in the past 24 hours, the entire network has liquidated $725 million, with long positions liquidated $537 million and short positions liquidated $188 million, mainly liquidating long positions. Among them, ETH liquidated $163 million and BTC liquidated $236 million.

the Deputy Minister of Energy of Laos told Reuters that the country is considering cutting off power supply to cryptocurrency mines by the first quarter of 2026, in order to reallocate domestic electricity resources to industries that contribute more to economic growth. In 2021, Laos implemented policy adjustments to rapidly expand cryptocurrency mining activities, attracting cryptocurrency operators with cheap non-fossil energy sources to flock to this landlocked Southeast Asian country.

 the recent hot topic in the crypto community, the theft of 127,000 BTC from the Lubian mining pool, was ultimately controlled by the US government. Bitcoin OG 2040 posted on X, stating that there are two ways to generate wallet private keys: 1. The simplest way is to hash the user's {email (uid) + password} to create a private key, but this method is one-time and not strong enough. 2. Use HSM hardware encryption to generate private keys, which can meet the cryptographic strength of wallet private keys. Lubian used the first method, so it was only a matter of time before it was stolen. Even if it wasn't stolen, it would eventually be stolen by the owner. This type of hacking has nothing to do with the security of Bitcoin itself. Bitcoin has always been the safest in the world of Crypto, without question.

 according to Trader T monitoring, the net outflow of the US spot Bitcoin ETF yesterday was 530.71 million US dollars.

 according to Trader T monitoring, the net outflow of $56.76 million from the US spot Ethereum ETF yesterday.

according to Caixin, the US Nasdaq-listed company QMMM Holdings (NASDAQ:QMMM) announced on September 9, 2025, that it plans to establish a $100 million cryptocurrency reserve, with the stock price rising 9.6 times in three weeks. The US Securities and Exchange Commission (SEC) at the end of September believed that the company was suspected of manipulating stock prices through social platforms and ordered it to halt trading from September 29. The company has been suspended from trading since then.

the Shenzhen Component Index fell by more than 2%, the ChiNext Index fell by 2.2%, and the number of stocks in the entire market that fell exceeded 3,900.

 according to 8marketcap data, gold has become the first asset in history to reach a market value of $30 trillion.

according to The Data Nerd monitoring, within 12 hours, Galaxy Digital deposited 9.57 million ASTER tokens (approximately $12.53 million) into Binance again.

 according to the official announcement, Upbit will list ZORA Korean won, BTC, and USDT trading pairs.

 Coinbase published an article on October 16th stating that they are optimistic about the cryptocurrency market in the fourth quarter, but the leverage flash crash on October 11th has made us cautious. Nevertheless, we expect strong liquidity, a good macroeconomic environment, and encouraging regulatory developments to continue to support it. Especially with the support of favorable macroeconomic factors, Bitcoin may be able to exceed market expectations. In terms of policy, we expect the Fed to cut interest rates twice this quarter, which may encourage investors to put some of the $7 trillion currently held in money market funds into the cryptocurrency market.

Google Threat Intelligence Group (GTIG) released an investigation on the 17th, stating that the hacker organization UNC5324 related to North Korea is using a new technology called "Ether Hiding" to conduct cryptocurrency theft and sensitive information collection.