ETH falls below the $3900 mark
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OKX-ETH/USDT is currently trading at $3899.21, with a 5-minute drop of 0.32%. Please pay attention to market fluctuations.
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OKX-ETH/USDT is currently trading at $3899.21, with a 5-minute drop of 0.32%. Please pay attention to market fluctuations.
[Ocean Protocol Allegedly Sells Over $100 Million in Community Tokens, On-Chain Activity Sparks Controversy] Blockchain analytics platform Bubblemaps revealed that the Ocean Protocol team wallet allegedly sold over $100 million worth of community tokens. In March 2024, Ocean Protocol collaborated with Fetch AI and SingularityNET under the ASI Alliance framework, merging into a single token, FET. OCEAN tokens could be exchanged for FET at a fixed rate. However, after the merger, the Ocean Protocol team wallet retained a large amount of OCEAN tokens, claiming they were for 'community incentives' and 'data mining.' On July 1, the wallet exchanged 661 million OCEAN tokens for 286 million FET tokens (approximately $191 million) and subsequently transferred 90 million FET tokens to OTC provider GSR Markets. On August 31, the wallet further dispersed the remaining 196 million FET tokens across 30 new addresses. As of October 14, nearly all funds had been transferred to Binance or an OTC provider, totaling approximately 270 million FET tokens. On October 9, Ocean Protocol announced its withdrawal from the ASI Alliance but did not provide reasons or address the transferred tokens. The Fetch AI team accused Ocean Protocol of selling community tokens, while Ocean Protocol's CEO denied the allegations, calling them 'baseless rumors.' Bubblemaps stated it could not confirm whether the tokens were sold but noted that on-chain activity from the related wallet typically aligns with liquidation behavior. The incident has been made public for community investigation, and Ocean Protocol has yet to issue an official response.
[Trump Says Allies Are Willing to Send Heavy Troops to Gaza] On October 21, U.S. President Trump stated that allies have expressed their willingness to send heavy troops to the Gaza region if needed.
[Ethereum Fusaka Hard Fork to Implement Transaction Gas Limit] The Ethereum Foundation announced that the Fusaka hard fork will introduce a per-transaction gas fee limit through EIP-7825, specifically capped at 2 to the power of 24 (approximately 16.78 million gas). This change has been successfully deployed on the Holesky and Sepolia testnets and is scheduled to be officially activated on the mainnet during the Fusaka hard fork. The foundation reminds developers and users relying on large-scale transactions to check whether their contracts and transaction construction tools comply with the new gas limit requirements to ensure compatibility and smooth transactions.
[South Korea Freezes Over 91 Billion KRW in 'Prince Group' Assets] Five South Korean banks have frozen over 91 billion KRW in assets belonging to Cambodia's 'Prince Group,' involving 52 transactions with a total amount exceeding 197 billion KRW. This move is related to joint sanctions by the UK and the US against the group and its founder Chen Zhi. The South Korean government is planning to implement further financial sanctions, expected to be completed within this month.
[Galaxy Digital Q3 Net Income Reaches $505 Million] Galaxy Digital released its Q3 financial report, with net income reaching $505 million, total equity at $3.2 billion, and $1.9 billion in cash and stablecoins. In Q3, the company sold over 80,000 Bitcoin on behalf of clients, with digital asset trading volume increasing by 140% compared to Q2 2025, setting a record high.