The LAB team destroyed 10 million LAB worth 11.3 million US dollars

Bitwise released its Q3 2026 crypto market review report, which showed that the top 10 market capitalization crypto indices of Bitwise fell 15.4% in Q2, with 8 out of 10 constituent stocks experiencing a decline. The spot Bitcoin ETF recorded the worst quarterly outflow, while on chain activity, trading volume, and DeFi assets all declined. The correlation between the crypto market and stocks increased, with negative returns recorded for the third consecutive quarter, marking the longest continuous decline since 2022.

According to reports, Kim Yong rok, the Chief Secretary for Policy to the President of South Korea, stated in Seoul on Friday that the country's financial regulatory authorities are closely monitoring the impact of single stock leveraged ETFs on the market. The Ministry of Planning and Finance, the Bank of Korea, the Financial Commission, and the Financial Supervisory Agency of South Korea will comprehensively evaluate the various impacts of single stock ETFs on the market since their listing in May this year, and discuss whether it is necessary to introduce supporting regulatory regulations.

According to The Defiant, HSBC has completed the first blockchain issuance of a native digital structured product (USD denominated bill) in Hong Kong, which is directly issued on the blockchain. Marketnode serves as a tokenization agent and digital payment agent, responsible for managing payment flows between issuers and investors.

According to Bitcoin.com, the security protocol Relay Protocol warns of a large number of honeypot scams on Robinhood Chain, resulting in investors losing their funds. Relay Protocol has received multiple user reports that after purchasing tokens, the tokens have disappeared from the wallet and cannot be sold or transferred. This type of honeypot token is restricted from being sold through smart contract code, resulting in investors' funds being permanently locked in. The surge in fraudulent tokens is synchronized with the recent increase in user activity and token creation on Robinhood Chain.

The EF Protocol Support team of the Ethereum Foundation announced the dissolution of the team on the X platform. The team is responsible for coordinating the development of the Ethereum protocol, organizing core developer meetings, tracking Ethereum network upgrades, supporting EIP promotion, and running the Ethereum protocol.