India's largest crypto exchange absorbs $16 million loss from internal process failure tied to retired wallet
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The Mumbai-based exchange initially dismissed reports of suspicious outflows as a false alarm. It now says it lost $16 million and will absorb the loss.
Samsung and SK Hynix plan to deliver 8-layer HBM4 to Nvidia in the second quarter of next year. Nvidia will equip its Rubin Ultra-based NVL rack-scale systems with the 8-layer HBM4. (Source: CLS)
Franklin Templeton filed Form 8-A with the U.S. Securities and Exchange Commission to complete the Nasdaq listing registration for its two new exchange-traded funds, the Franklin US Equity Bitcoin DRIP Index ETF and the Franklin US Innovation Bitcoin DRIP Index ETF. The products will become effective on October 27th. The core mechanism is that dividend cash will be automatically used to increase Bitcoin exposure; the funds will not directly hold on-chain Bitcoin. The management fee for FBEQ is 0.09%, and the management fee for FIBT is 0.19%.
Binance Futures will launch EIDOUSDT, EQTUSDT, STMUSDT and ABBVUSDT U-margined perpetual contracts from 09:00 to 09:15 on October 26, 2026, with a maximum leverage of 20x and support for multi-asset trading.
With Unitree Technology's A-shares surging 18% intraday, the funding rate (4 hours) for the UNITREE USDT contract trading pair on Binance reached -1.12%, with an annualized funding rate of 2452.8%. If the funding rate remains unchanged (as of press time, it has reached -1.16%), traders using 10x leverage to short the stock will lose all their principal within 1.5 days if the contract price remains unchanged.
An early Ethereum investor has sold 1,500 ETH after a nine-year hiatus. This investor purchased 100,000 ETH in a 2015 ICO for $31,000 and currently holds 48,500 ETH, worth $112.7 million. (Lookonchain)
