ETH falls below the $2400 mark

The Minister of Justice of Türkiye Ak ı n G ü rlek confirmed that the founder of HEX, Richard James Schueler (Richard Heart), was detained in Istanbul on October 14. Authorities seized approximately 7.15 million US dollars in cash, 160000 lira, 6 encrypted cold wallets, and multiple luxury goods and weapons from 15 properties. Richard James Schueler holds an Interpol Red Notice for allegedly committing approximately $1 billion in cryptocurrency fraud in the United States and Finland. (Source: Bitcoin.com)

Tom Lee stated that the market's fundamentals remain stable amidst fear, and now is a good time for investors to allocate risk and return.

A Hyperliquid trader held a short position of $4.25 million in TSLA and made a profit of $241700 in one day. The trader's other short positions showed profits of $1.34 million for SKHX, $1.17 million for NBIS, $552400 for SPXC, and $498100 for XYZ100. The above positions have not achieved a total profit of $3.65 million, and the trader has accumulated a loss of $217600.

OKX-ETH/USDT is currently trading at $2400.64, with a 5-minute drop of 0.32%. Please pay attention to market fluctuations.

FCAT, a subsidiary of Fidelity, has released a report stating that Solana has made progress in network resilience, economic security, and performance, with no record of mainnet downtime in the past two years. The report points out that the concentration of staking, hosting, and client software still needs to be continuously observed. Solana has reduced the block generation time to 350 milliseconds. Jacob Creech, Vice President of Technology at Solana Foundation, stated that the foundation proposed a goal of reducing it to 200 milliseconds in June and plans to make three further reductions of 50 milliseconds each. (Source: Cointelegraph)