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A $300 million crypto scam has left 1,200+ investors in Mexico and the US without funds, as authorities pursue suspects in a cross-border probe.


Quick Take A wallet linked to Ethereum Foundation has sold roughly 2,795 ETH, worth about $12.7 million, late Tuesday night, according to Lookonchain. Ethereum surged more than 7% in the past 24 hours to trade above $4,500 on Tuesday.

Chainlink jumped 10.5% to $24.2 following a strategic partnership with Intercontinental Exchange and hitting $93 billion in Total Value Secured. The rally positions LINK to potentially break five-month resistance at $25.

Ethereum rallied 6.31% to $4,515 following BitMine’s announcement of a massive $20 billion fundraising expansion. The move aims to accelerate ETH acquisitions as the firm targets owning 10% of Ethereum’s total supply.
Grayscale debuts DeepBook and Walrus trusts, granting accredited investors direct exposure to foundational Sui blockchain tokens DEEP and WAL as both tokens post gains.

- 16:56On-chain derivatives are transitioning from "experimental innovation" to emerging products that meet real market demand.According to Jinse Finance, data from Dune shows that on-chain derivatives contract trading volume has surged by more than 1000% over the past year. This trend not only reflects the growing market demand for on-chain derivatives protocols, but also marks a new stage of maturity for the broader DeFi ecosystem. After several market cycles, users' acceptance of decentralized trading experiences has significantly increased. On-chain derivatives are transitioning from "experimental innovation" to emerging products that meet real market needs.
- 16:13A new address went long on $41 million ENA, while simultaneously shorting $42 million worth of ETH and BTC for hedging.BlockBeats News, October 19, according to MLM monitoring, a newly created wallet address withdrew 3 million USDC from a certain exchange in the past two days, then deposited it into Hyperliquid, and opened a total ENA long position worth 41 million USD through two wallets, while simultaneously shorting 20 million USD of ETH and 22 million USD of BTC.
- 16:13Andrew Kang increased his short positions to $77.97 million, with unrealized losses of approximately $1 million.BlockBeats News, October 19, according to AI Aunt's monitoring, the short positions associated with Andrew Kang have increased to 77.97 million USD, including 46.86 million USD in ETH shorts and 31.14 million USD in BTC shorts. The total position is currently at a floating loss of 990,000 USD; meanwhile, his long position in ENA has a floating profit of 2.97 million USD.