Odaily Planet Daily reported that BitMEX released a review report on the market flash crash on October 11, saying that during this record-breaking deleveraging event, the platform system remained stable, recording only approximately US$38.5 million in liquidation, accounting for 0.2% of the total market.

The report pointed out that the market crash was initially triggered by Trump’s tariff remarks, and then due to systemic failures and erroneous oracle data on some exchanges (including Binance and some derivatives platforms), chain liquidations and asset decoupling occurred.

BitMEX stated that its core infrastructure remained operational under extreme load, and withdrawal functionality was unaffected. The report emphasized that the platform effectively avoided abnormal liquidations and systemic risks through its automated margin deleveraging (ADL), multi-source fair price marking, and manual intervention mechanisms.

BitMEX pointed out that the incident exposed the structural flaws of some exchanges and reiterated that its risk engine and price index mechanism are designed to ensure the stable operation of the platform and the security of user assets.

TAO Synergies, a crypto vault company focused on the Bittensor ecosystem, announced it has signed a securities purchase agreement to raise $11 million in a private placement. The agreement involves the issuance of 11,000 shares of new Series E convertible preferred stock, with a par value of $1,000 per share, convertible into the company's common stock at $8 per share.

Participants in this round include existing investor and digital asset strategic advisor James Altucher and new investor DCG, and the closing is expected to be completed around October 15, 2025. Altucher stated that this financing will further support TAO Synergies' continued growth in TAO token holdings and expand revenue opportunities within the Bittensor ecosystem.

TAO Synergies, formerly the biotech company Synaptogenix, changed its name in June this year and shifted to a Bittensor-centric strategy. It is currently the largest public holder of TAO in the ecosystem, holding 42,111 TAO tokens, valued at over $18.2 million. (The Block)

According to an official announcement from Odaily Planet Daily, Binance Alpha completed the Griffin AI (GAIN) contract swap at 20:00 (Eastern Time) on October 13, 2025, and simultaneously opened trading of the new GAIN token on the Binance Alpha 2.0 platform.

To ensure eligible users receive the swap tokens at a 1:1 ratio, Binance Alpha has allocated 50% of its own funds to cover the required tokens, with the remaining portion provided by the project. The GAIN project also announced a subsequent token buyback program.

According to official news from Odaily Planet Daily, USDtb's smart contracts have officially migrated to Anchorage Digital today. This migration marks the completion of the stablecoin's "localization" compliance process, making it a compliant stablecoin issued under the US federal regulatory framework under the GENIUS Act.

According to SoSoValue data from Odaily Planet Daily on October 14th, all sectors of the crypto market maintained their upward trend. The GameFi sector saw a 24-hour increase of 5.75%. Within the sector, Four (FORM) and ImmutableX (IMX) saw gains of 7.46% and 7.96%, respectively. Furthermore, Ethereum (ETH) rose 1.13%, breaking through the $4,200 mark. However, Bitcoin (BTC) fell 1.10%, falling below $115,000.

However, MAG7.ssi rose 1.96%, DEFI.ssi rose 6.47%, and MEME.ssi rose 3.86%.

Other sectors with outstanding performance include: DeFi sector rose 5.26% in 24 hours, within the sector, Ethena (ENA) rose 11.93%; DePIN sector rose 4.92%, among which Render (RENDER) rose 8.89%; AI sector rose 3.90%, and Bittensor (TAO) rose again by 10.40%.

In other sectors, the Meme sector rose 2.82%, dogwifhat (WIF) rose 11.60%; the PayFi sector rose 1.99%, the Layer1 sector rose 1.80%, and Avalanche (AVAX) rose 7.10%; the Layer2 sector rose 1.56%, and SOON rose 16.23%.

In addition, the CeFi sector fell 1.07%. Within the sector, Binance Coin (BNB) and Aster (ASTER) fell 1.62% and 2.71%, respectively.

The crypto sector index, which reflects the historical market trends of the sector, shows that the ssiAI, ssiGameFi, and ssiDeFi indices rose by 6.44%, 6.08%, and 5.67%, respectively.

According to Odaily Planet Daily, according to monitoring by crypto analyst Ember @EmberCN, the hacker who stole funds from Coinbase users bought another 111,323 Solana (SOL) 3 hours ago, with a transaction amount of approximately US$23.23 million.

The hacker first converted 23.236 million DAI into USDC and transferred it to Solana, then purchased all of it for SOL at an average price of $208.7. Currently, he holds a total of 212,000 SOL, valued at approximately $46.18 million, with an average holding cost of approximately $217.6.

JPMorgan announced that it will open cryptocurrency trading services to its customers, but related custody services will not be launched in the short term. (Cointelegraph)

According to the monitoring of crypto analyst Aunt Ai @ai_9684 xtpa, the ancient whale that once publicly switched part of its holdings from BTC to ETH has increased its holdings by another 440 bitcoins (BTC) today. The size of its 20x leveraged short position on Hyperliquid has expanded to US$393 million.

The opening price of this position was $115,783, and the liquidation price was $128,031, with a current floating profit of approximately $5.86 million. Data shows that the account's margin utilization rate is 69.33%, indicating significant room for further increases.

Odaily Planet Daily reports that the Chain Detective Eye has made significant progress in its investigation into a suspected insider trading group. Sources reveal that Garret may not be the primary operator, but rather a front for the group, potentially operating a larger information leak network.

Eye suggests that the source of key trading intelligence provided to Hyperliquid whales may be an insider who has long traded on White House rumors and policy announcements. This information is allegedly passed by aides close to the US presidential team to a group of traders with privileged access, who use it to establish favorable positions in advance.

Eye stated that the key individuals currently implicated are Zach Witkoff and Chase Herro, with Trump's eldest son also suspected of involvement. Due to personal safety concerns, Eye announced this is its final report on the incident and urged other investigative journalists to continue the investigation.

According to Odaily Planet Daily, OKX CEO Star posted on social media that X Layer has never opposed Meme Coin. As an open on-chain infrastructure, Meme Coin is an important and unique part of the ecosystem.

He emphasized that X Layer opposes some trading platforms that abandon their neutral and objective stance and personally mass-produce worthless tokens, manipulate public opinion through gimmicks such as "airdrops," "rewards," and "hundred-fold or thousand-fold coin returns," and induce users to trade in a pyramid scheme-like manner.

Star pointed out that this behavior ultimately harms the interests of ordinary users and benefits a few "early birds." He said that the significance of blockchain is not to create illusions, but to rebuild trust. X Layer will continue to use technology and time to build a real and sustainable future.

1. The White House may nominate Mike Selig, chief advisor to the SEC's crypto task force, to serve as chairman of the CFTC;

2. AC's new project, Flying Tulip, disclosed details of its public offering: it will be conducted in four rounds, with identical terms for each round, supporting investments in six chains;

3. Traders: The market rebound may be unusual because some market makers have yet to expose themselves to risks. Long-tail assets remain a high-risk area.

4. Monad: The airdrop claim portal will open tomorrow at 21:00;

5. BNB Chain, in collaboration with Four Meme and others, launched a $45 million BNB airdrop program;

6. Binance Alpha launched the Chinese memes "Xiu Xian" and "Hakimi";

7. Amundi, Europe's largest asset management company, will launch a Bitcoin ETF in Europe;

8. TD Cowen: The US crypto market structure bill may be postponed until after the midterm elections;

9. OpenSea reminds users to bind their EVM wallets to claim EVM on-chain rewards;

10. Zora released a preview video, suggesting it will soon launch a live streaming feature;

11. BlackRock CEO: Bitcoin is an alternative asset, but it should not account for too high a proportion of the portfolio;

12. Kalshi and Polymarket's trading volume reached $1.44 billion in September, predicting that the market is attracting more institutional funds;

13. The founder of EOS deposited another 6.79 million ASTER to Binance, bringing the total deposit to over 31.6 million.

14. Kenya passed the Virtual Assets Act and plans to build an African crypto-finance portal;

15. ASTER Official: Due to an incorrect time zone setting, the airdrop claim time has been adjusted to 03:00 Beijing time on October 14th;

16. Analysis: The Google Cloud hacker may be the same person who hacked BNB Chain accounts.

17. Aave token repurchase total has exceeded 100,000, and the founder of ACI proposed doubling the repurchase amount;

18. The third phase of the Cap Frontier Program has begun, and the rules remain the same as the second phase;

19. BitMine increased its holdings by approximately 200,000 ETH last week, bringing its total holdings to 3.03 million.

20. The Dogecoin Foundation's commercial arm, House of Doge, will be listed on the Nasdaq through a merger and acquisition, receiving $50 million in investment support.

21. Strategy increased its holdings by 220 BTC for $27.2 million, bringing its total holdings to 640,250 BTC.

22. STBL CEO: STBL plans to launch share buyback at the end of October;

23. Bitcoin OG whale’s 20x BTC short position value exceeded $200 million, with a floating profit of $4.86 million.

Odaily Planet Daily reports that Anna Paulson, a 2026 FOMC voter and president of the Philadelphia Fed, has expressed support for two more 25 basis point rate cuts this year, arguing that monetary policy should ignore the impact of tariffs on rising consumer prices. The policymaker noted that the Fed's decision to cut by 25 basis points last month was "reasonable." She believes that with monetary policy remaining moderately restrictive, easing should proceed in the direction suggested by the Fed's latest Summary of Economic Projections. The median forecast supports two more 25 basis point rate cuts before the end of the year. Federal Reserve officials will hold two more meetings in 2025, including one scheduled for October 28-29 in Washington. This speech marks Paulson's first public comment on the economic situation since assuming the Philadelphia Fed presidency in July. She expects the economy to continue expanding at an above-trend pace in the third quarter after exceeding expectations in the second quarter. (Jinshi)

According to Odaily Planet Daily, OKX market data shows that OM (MANTRA) rose briefly to 0.1649 USDT, then fell back and is now at 0.1407 USDT, a 24-hour increase of about 23.2%.

According to Odaily Planet Daily, OpenSea issued a statement on the X platform stating that users should bind their EVM wallets as soon as possible. Most of the platform's rewards are issued on the EVM chain; if the EVM wallet is not bound, relevant rewards will not be available.