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[Upbit Announces Listing of KernelDAO (KERNEL)] Upbit has announced the addition of KernelDAO (KERNEL) to multiple services, including spot trading, which will officially go live on 2025-10-29 at 00:30 (UTC+8). Important Notes: - Buying orders are prohibited within approximately 5 minutes after trading support begins, and the minimum selling price is restricted to no less than 10% below the previous day's closing price. - Only limit orders will be supported within approximately 2 hours after trading support begins, with other order types temporarily restricted. - Deposits and withdrawals are only supported through virtual asset service providers approved by Upbit, and must use wallet addresses that have completed personal ownership verification.
On-chain AI tool CoinBob shows that on October 28, an address opened an ETH short position with 4x leverage at an average entry price of $4,100, with a nominal position value of $39.47 million. The current unrealized profit is approximately $200,000, and a take-profit order has been placed at $4,060. The address has been active since depositing $7 million on October 12, increasing its principal to $10.06 million. It favors low-leverage, right-side trading, with an average holding time of 12 hours, weekly profits of $2.2 million, a monthly win rate exceeding 80%, and weekly trading volume reaching $518 million.
[The Federal Reserve May End Quantitative Tightening This Week, Market Pressure Emerges] The Federal Reserve is expected to end its three-year-long quantitative tightening policy this week to ease pressure on the banking sector. Earlier this month, some bank lending institutions utilized the Federal Reserve's backstop funding mechanism, with usage levels reaching those seen during the pandemic. Since the launch of quantitative tightening in June 2022, the Federal Reserve has allowed over $2 trillion in U.S. Treasury bonds and mortgage-backed securities to roll off its balance sheet. Evercore ISI Vice Chairman Krishna Guha stated that the market widely anticipates the Federal Reserve to terminate quantitative tightening this month. Former Federal Reserve Vice Chair Richard Clarida noted that even if no formal decision is announced, the Federal Reserve may signal the end of this policy clearly by December.
[402bridge Team's Test Wallets and Main Wallet Compromised Due to Private Key Leak] On October 28, 402bridge officially announced that several team test wallets and the main wallet were compromised due to a private key leak. Currently, 402bridge has reported the incident to law enforcement authorities and stated that they will promptly update the community on the latest developments based on the progress of the investigation.
[GMGN Will Fully Compensate Users Affected by Phishing Attack] GMGN co-founder Haze stated on the X platform that GMGN recently encountered an external phishing attack, where attackers created a fake third-party token website to lure users into clicking and triggering unauthorized transactions. The issue has now been resolved, affected accounts have been secured, and similar attacks have been blocked. Approximately 107 users were impacted by this incident. GMGN will fully compensate for the related losses and distribute the funds to users' GMGN accounts within today.