Korea Exchange has activated the sidecar mechanism for South Korea’s KOSPI index, suspending programmatic sell orders.

1 hours ago

Korea Exchange has activated the sidecar mechanism for South Korea’s KOSPI index, suspending program selling.

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Crypto gambling platform Gamdom suffers security breach, losing over $4.2 million.

According to on-chain investigator vxdb’s monitoring, the Gamdom platform has suffered a security breach. Preliminary statistics indicate the attacker stole approximately $2.2 million in assets across EVM-compatible chains, including Ethereum, BSC, Polygon, Arbitrum, and Optimism. Separately, Gamdom lost about $965,000 on the Solana network, $375,000 on TRON, and $668,000 on the Bitcoin network, bringing the total stolen across all chains to over $4.2 million.

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Ethena’s Founder: A large investor’s token transfer is not a sale, but a security precaution.

Ethena founder Guy Young posted that over the past 48 hours, users noticed a large investor’s wallet transferring tokens. He confirmed the transfer was a security precaution, not a sale of the tokens.

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"Maji" has suffered over $12 million in losses over 10 days, leaving its account balance at just $129,000.

According to Lookonchain monitoring, amid the market downturn, the address of "Big Brother Ma Ji" (real name Huang Licheng) has been continuously closing positions to cut losses and prevent liquidation. His account balance has now fallen to just $129,000, a drawdown of $12.08 million from the peak unrealized profit of $5.26 million recorded on October 5.

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Machi Closes Positions as Market Drops, Account Down to $129K

As the market drops, Machi(@machibigbrother) keeps closing positions to cut losses and avoid liquidation. His account is now down to just $129K.

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Spot gold has largely recouped the losses it incurred since the release of the U.S. CPI report.

According to Bitget market data, spot gold climbed 1% during the Asian trading session, now trading at $4,146 per ounce, having nearly recouped all losses incurred since the release of yesterday’s U.S. CPI report.

1 seconds ago

South Korea's stock index plummeted by 7%

According to Bitget's market data, South Korea's KOSPI index has declined by 7%. SK Hynix has dropped 10%, while Samsung Electronics is down nearly 8%.

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