Saudi Aramco unexpectedly cuts oil prices for Asia, with WTI and Brent crudes falling 2% intraday.
According to Bitget market data, both U.S. WTI and Brent crude oil extended their declines. Brent crude fell more than 2% intraday to $97.45 per barrel, while WTI crude dropped nearly 2% to $86.81 per barrel. On the news front, Saudi Aramco has cut its official selling price (OSP) for benchmark crude bound for Asia to its lowest level in six years, as Saudi Arabia and other Persian Gulf oil-producing countries ramp up competition for Asian market share. Meanwhile, oil shipments through the Strait of Hormuz are on the rise, further intensifying price competition among Middle Eastern exporters.
6 minutes ago
Binance Research: Bitcoin has confirmed a "golden cross", which may signal a strong market recovery.
Binance Research released its October market report, noting that despite the U.S. Federal Reserve’s first interest rate hike since 2023 and the failure of the CLARITY Act, the total cryptocurrency market capitalization rose 11% in September to $2.99 trillion. Spot Bitcoin (BTC) ETFs saw a net inflow of $3.49 billion that month, pushing their net flow in 2026 to positive territory for the first time on September 23. BTC confirmed a "golden cross" – where the 50-day moving average crossed above the 200-day moving average – on September 8, with the gap between the two indicators widening to around $7,500. Historically, such deep resets are often followed by strong recoveries.
6 minutes ago
New explosions reported in Saudi capital; Yemen's Houthi movement claims attack on Saudi airport.
Explosions were heard again in northern Riyadh, the capital of Saudi Arabia, on October 6. On the evening of October 5 local time and early this morning, the area near King Khalid Airport in northern Riyadh was attacked by Yemen’s Houthi armed group, with successive loud blasts reported. Yemen’s Houthi armed group said in a latest statement today that it had attacked Abha Airport in Saudi Arabia. Saudi authorities have not confirmed this report. (CCTV International News)
6 minutes ago
OKX launches OKX Money, now covering over 30 countries.
At the OKX NOW Summit in Singapore, OKX has officially launched its standalone application OKX Money, which provides financial services to users including non-crypto natives across four core scenarios: transfers, spending, savings, and asset custody. Built on X Layer, the app adopts self-custodial smart accounts, supports 24/7 digital asset transfers, and is now available in over 30 countries. OKX Money also offers the Aave-backed Pay Boost feature to European users, allowing them to earn yields while retaining the flexibility to spend their funds. Going forward, OKX Money will integrate AI to formulate investment strategies based on user needs and execute small transactions within the app upon user authorization.
6 minutes ago
A dormant third-party MakerDAO liquidation bot proxy had 200 WETH withdrawn, incurring approximately $538,000 in losses.
According to Defimon Alerts monitoring, a new address funded by Tornado Cash withdrew 200 WETH from a dormant MakerDAO ETH-A liquidation bot proxy on October 6, causing an approximate loss of $538,000. This upgradeable proxy won four ETH-A liquidation auctions in 2020 (Nos. 1457 to 1460, 50 WETH each) but failed to call the deal() function, leaving collateral locked in the Flipper contract. The implementation contract’s withdrawal function was not protected by ds-auth, enabling any caller to trigger the exploit: first call deal() on the old auctions, then transfer collateral to a keeper via Vat.flux, and finally use GemJoin.exit to send 200 WETH to the caller’s specified address and unwrap it into ETH. MakerDAO’s core contracts functioned as designed; the vulnerability resided in the third-party bot’s permissionless exit function.
6 minutes ago
Analysis: Bitcoin has logged sufficient turnover above $83,000, and may be gearing up to challenge $100,000.
According to analyst alicharts, Bitcoin has established a major support zone between $83,300 and $84,600. URPD data shows that 1.59 million BTC have been traded within this range, providing a defendable level for buyers. On the other hand, Bitcoin whales have increased their holdings by 14,335 BTC since October 1, worth approximately $1.22 billion. alicharts believes that if Bitcoin can hold the support level and break above $86,700, there will be no major selling pressure until around $105,000.
6 minutes ago
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