[South Korean Fraud Gang Involved in Cryptocurrency Scam Defrauds 5.8 Billion KRW, 3 Arrested and Sent to Prosecutors] The Criminal Investigation Mobile Unit of the Chungcheongbuk-do Police Agency in South Korea has arrested the main perpetrator A (in his 40s) and two accomplices suspected of cryptocurrency fraud. They have been sent to the prosecutor's office on charges of violating the Act on the Aggravated Punishment of Specific Economic Crimes and regulations related to similar deposit-taking activities. Additionally, four other accomplices have been sent without detention. Investigations revealed that from 2022 to 2023, the gang lured 27 victims into investing by claiming they could manipulate cryptocurrency prices or falsely asserting that certain tokens were about to be listed. The total amount defrauded reached 5.8 billion KRW. The gang members held investment briefings, promising high-net-worth individuals returns of at least three times their investment, though some of the tokens were even delisted. The funds obtained through fraud were primarily spent on entertainment and debt repayment.

[Maple Finance to Terminate SYRUP Staking and Adopt Token Buyback Model] The Maple Finance community has supported the proposal (MIP-019) to terminate SYRUP staking and transition to a revenue-based token buyback model. Under the new plan, Maple Finance will cease providing staking rewards for SYRUP tokens and instead enhance token value through a buyback mechanism driven by project revenue. This aims to achieve long-term stability and align token value with the platform's business performance. The proposal was announced on October 28 and has already received over 91% community support. The final vote will conclude on October 31.

[New Wallet Withdraws $5.3 Million USDT from Aster and Purchases 2.94 Million ASTER] Monitoring shows that a newly created wallet (address: 0xe30...d7a7) has withdrawn $5.3 million USDT from Aster in the past 15 hours and spent $3.2 million USDT at a unit price of $1.09 to purchase 2.94 million ASTER. Currently, the wallet still holds $2 million USDT.

[MGBX to Launch Solara and GAME Spot Trading] To further enrich the platform's trading options and enhance user trading experience, MGBX will officially launch the following spot trading pairs on October 29, 2025. Schedule: Deposit opening time: 2025-10-29 16:00:00 (SGT) Trading opening time: 2025-10-29 18:00:00 (SGT) Withdrawal opening time: 2025-11-01 19:00:00 (SGT) Trading pair details: Solara/USDT GAME/USDT For more trading opportunities, please visit 'Quick News Updates.' Data sourced from MGBX, provided for informational purposes only and does not constitute any investment advice.

**[Small Altcoin Market Cools Down, Funds Flow Back to Bitcoin]** Matrixport analysis indicates that the recent "small altcoin season" has experienced a temporary cooling, with market funds gradually flowing back to Bitcoin. Bitcoin dominance, which previously dipped to a phase low of approximately 56.8%, has now rebounded to 59.5%, showing a slow upward trend. The increase in Bitcoin dominance during this cycle may be related to higher institutional participation and a concentration of funds in assets with greater liquidity and clearer compliance. Looking back over the past decade, holding Bitcoin has demonstrated higher consistency and success rates during most periods. Based on this, Matrixport has adjusted its tactical model over the past month, favoring increased Bitcoin allocation. As long as Bitcoin dominance continues to rise, this allocation strategy will be maintained temporarily and dynamically adjusted according to market conditions and risk control signals.