Crypto Markets & On-Chain Ecosystem Developments

According to ChainCatcher, Google's Willow quantum chip reduced the error rate for preparing Magic States (a key resource for quantum computing) by approximately 40 times using its "Cultivation" method, with findings published in Science this week. The experiment achieved around 99.99% state fidelit

XPR experienced a 10.91% price decline within 60 minutes, dropping to $0.001961 as social media mentions and community sentiment around the cryptocurrency appeared to diminish. The sharp drop occurred as the token reached a 24-hour high of $0.00226854 before falling to a low of $0.00196142, marking

According to RootData, SoSoValue (SOSO) will unlock approximately 25.96 million tokens valued at roughly $7.82 million on October 24 at 10:00 a.m. Beijing time.

Bitcoin traded at $82,245 on October 16 at 7 AM after recently dropping to the $80,000 level and rebounding to the $82,000 range, according to blockchain technology development company Cobot Labs. The cryptocurrency fell from highs above $86,000 on the 6th to around $80,000 during trading on the 15t

According to official announcement, PhotonPay has received the Electronic Money Institution (EMI) license from the UK Financial Conduct Authority (FCA) on October 17. The license permits PhotonPay to issue electronic money and provide payment services under the UK regulatory framework, strengthening

According to ChainCatcher, U.S. District Judge Alvin Hellerstein rejected Gemini's request to vacate its $5 million settlement agreement with the CFTC on October 15, 2026. The penalties already paid and permanent ban on Gemini remain in effect. The CFTC had jointly filed the dismissal request in May

Sui announced on X that Slush has integrated Halliday, allowing users to deposit tokens from 25 blockchains or use fiat channels including bank cards, bank transfers, and Apple Pay. Users can receive SUI or USDC in Slush and initiate transactions by clicking the Buy button.

Whale Alert reported a transfer of 133,926,303 USDC from Aave to an unknown whale, valued at approximately 133,994,873 USD. The transaction indicates ongoing market activity, though the recipient's identity remains undisclosed. The transfer highlights liquidity movement within the stablecoin ecosyst

According to CriptoNoticias, USDT in Argentina surged above 1,600 pesos, expanding its premium over the official exchange rate to 6.6%. The price increase followed comments by President Milei regarding potential currency pressure and possible capital outflows in 2027.

According to Whale Alert, on October 17, Circle's USDC Treasury minted 250 million USDC on the Solana network at 10:05 AM Beijing time.

Starknet (STRK), the native token of Ethereum-based blockchain Starknet, surged over 55% in one week to $0.08678 (approximately 116 KRW) as of 9 AM on the 16th, according to CoinMarketCap. The rally followed discussions on transitioning to an independent blockchain and the launch of a privacy protec

According to CoinMarketCap, Starknet's native token STRK surged 56% in the past week to $0.087 as of Oct 16 morning. On Oct 14, the Starknet Foundation launched a seven-day governance vote on whether to formally pursue an independent blockchain transition. The vote follows recent discussions about S

According to CryptoSlate, Microsoft and cybersecurity organization Health-ISAC obtained a U.S. court order to seize and redirect domains supporting three phishing-as-a-service platforms: YAM Store, CoGUI, and Iron Man. Since January 2026, these services have distributed over 1 billion phishing messa

According to SoSoValue data, on Oct. 16, U.S. NEAR spot ETF saw net inflows of $2.61 million, with Bitwise NEAR ETF (NRR) driving the single-day gains. Cumulative net inflows for NEAR spot ETF reached $83.05 million to date. Meanwhile, ZEC spot ETF posted net outflows of $1.22 million on the same d

According to SoSoValue data cited by PANews, Canary XRP ETF (XRPC) experienced net outflows of $2.47 million on October 16 (US Eastern Time). This was the only XRP spot ETF to record outflows on the day.

According to Cobo's official announcement on October 17, the institutional wallet provider will unveil a brand upgrade and showcase updated payment products for enterprises and AI agents at the Singapore FinTech Festival in mid-November. The company, which shifted focus from consumer wallets to inst

According to CoinShares on October 16, Bitcoin fell to $81,473, down 2% over seven days, after U.S. inflation data came in hotter than expected. The firm's Head of Research, James Butterfill, said Bitcoin's near-term setup is difficult but not fundamentally bearish, as the macro environment sits awk