South Korea’s KOSPI index extended its intraday decline to 2%, with SK Hynix down 3.2%.

According to Bitget market data, Hong Kong-listed new energy vehicle stocks rallied at the start of trading. Leapmotor gained over 6%, Geely Automobile rose more than 5%, Nio and XPeng Inc. climbed nearly 5%, Seres Group advanced over 3%, while BYD Company Limited and Li Auto each rose more than 2%.

Is the #EthereumFoundation dumping $ETH again? 2 wallets linked to the #EthereumFoundation deposited 4,393 $ETH ($11.13M) into #Kraken 5 hours ago. These wallets originally received 59,751 $ETH from the #EthereumFoundation 10 years ago, when the price of $ETH was only $0.9.

According to Bitget market data, South Korea’s KOSPI index has widened its intraday decline to 3%. SK Hynix fell 4.2%, while Samsung Electronics dropped 2.6%.

Renowned crypto trader Ansem stated that the crypto market has posted the worst cross-asset performance in history over the past few years, driven by factors including the exodus of AI talent, lack of innovation after the DeFi boom, and an unprecedented multi-trillion-dollar revaluation of gold, compounded by one of the most severe altcoin liquidation days in history. Currently, institutional and retail investor sentiment and positioning in altcoins are at multi-year lows, even historic lows, and for this momentum-driven asset class, the only direction left is upward. Ansem further noted that the crypto industry is seeing its first altcoins in history with characteristics including minimal VC unlock pressure, genuine product-market fit, and a shifting positive regulatory environment. The industry has moved past the "spray and pray" model; tokens that actually secure capital inflows will rally rapidly, making crypto assets right now one of the most asymmetric investment opportunities for allocators to seize.

Binance will support cash dividend distributions for Micron Technology (MU) via its bStocks service. The exchange will suspend the 1:1 conversion between MU stocks and MUB bStocks, along with MUB’s deposit, withdrawal and conversion functions, at 23:30 UTC on October 13, 2026. All services will automatically resume after the dividend is allocated. Dividends generated from other accounts will be credited to users’ spot accounts.

According to EmberCN’s monitoring, two wallets linked to the Ethereum Foundation transferred 4,393 ETH (worth $11.13 million) to crypto exchange Kraken four hours ago. The wallet that sent ETH today received 59,751 ETH from an Ethereum Foundation address a decade ago, and 49,751 of those ETH were gradually moved to Kraken over the past 10 years at an average price of roughly $658.