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Binance announced it will temporarily suspend deposits and withdrawals for tokens on the Filecoin (FIL) network at 11:59 a.m. UTC on Oct. 19 to support the network’s upgrade and hard fork.

Bank of Korea Governor Shin Hyun-song said the central bank is not pursuing a retail central bank digital currency for the general public, but an internal Bank of Korea report described its Project Hangang as the world’s first case in which deposit tokens were issued on a distributed ledger-based digital currency system and used by the general public in real transactions, The Fact reported. According to materials the office of People Power Party lawmaker Kim Sang-hoon, a member of the National Assembly’s Finance and Economy Planning Committee, received from the Bank of Korea on Oct. 15, as well as the central bank’s "first real transaction pilot results report," the Bank of Korea assessed the project in those terms. The assessment contrasts with Shin’s remarks at a parliamentary audit on Oct. 12, when Shin dismissed the possibility of pursuing a retail CBDC.

Crypto analyst Captain X said on X that BNB’s cumulative burn has reached 67.81 million BNB, with 99.1% of that carried out through the Quarterly Auto-Burn mechanism. BNB’s total supply has fallen 20.2% since 2021 through quarterly burns. Over the same period, Ethereum’s supply rose 3.8%, while Solana’s supply has increased 13.4% since 2023.

Andreessen Horowitz, or a16z, has cut more than half of the staff in the unit that supported hiring at its portfolio companies, Axios reported. Remaining employees will be reassigned to specialized investment divisions, including crypto, as the firm shifts to a structure in which each division runs its own hiring support organization.

BitMEX co-founder Arthur Hayes transferred 8,012 ETH worth about $19.41 million to a new address, according to Onchain Lens.

Bitcoin could climb back above $85,000 and reach as high as $90,000 once uncertainty eases after the release of key U.S. economic data, Matt Mena, chief crypto research strategist at 21Shares, said, according to Bitcoin.com. Mena said concerns about hotter-than-expected inflation were largely priced in during BTC’s drop below $85,000 last week. U.S. September CPI rose 3.7% from a year earlier, while core CPI increased 0.3% from the previous month, above the market forecast of 0.2%. BTC later fell to around $82,800 at one point. Mena said a pullback to $81,000 remains possible, but Bitcoin is more likely to resume its upward move once macroeconomic uncertainty clears.

Cybercrime News reporter vxdb said crypto exchange Gamdom suffered a $4.21 million hack. Around $2.2 million was stolen across EVM-compatible networks including Ethereum, BNB Chain, Polygon, Arbitrum and Optimism, while losses on Solana, Tron and Bitcoin totaled $965,000, $375,000 and $668,000, respectively.

Taiwanese singer Jeffrey Huang, better known as Machi Big Brother, has continued to close positions to avoid forced liquidation, according to Lookonchain. As the loss-taking sales continued, the account balance has fallen to $129,000.

Bitwise is working with more than 20 wealth management platforms with a combined $24 trillion in assets under management to introduce crypto exchange-traded products, Bitwise analyst Ishmael Asad said on X. Among the institutions Bitwise is working with, 17 have approved crypto-related equity ETPs, 11 have approved Bitcoin (BTC) ETPs, six have approved Ethereum (ETH) ETPs, and six have approved ETPs tied to portfolios of the top 10 cryptocurrencies by market capitalization. Two have approved Solana (SOL) ETPs, while one each has approved a Bitcoin-gold combined ETP and an XRP ETP.

An anonymous whale bought another 7,929 ETH with 19.7 million USDC raised by selling 237.8 BTC over the past day, AmberCN reported. Over the past three days, the whale sold a total of 1,312.1 BTC while buying 43,275 ETH.

CoinMarketCap’s Altcoin Season Index came in at 54, down two points from yesterday. The index is calculated by comparing the price performance of Bitcoin with that of the top 100 coins by market capitalization, excluding stablecoins and wrapped coins. Altcoin season is defined as a period when 75% of those top 100 coins have outperformed Bitcoin over the past 90 days, while the opposite is considered Bitcoin season. A reading closer to 100 indicates altcoin season.

EQX Labs, a tokenized U.S. stock issuer, said it will launch EQX, a service for issuing tokenized U.S. stocks and exchange-traded funds on HyperCore, part of Hyperliquid (HYPE). The service will issue tokenized shares under Hyperliquid’s HIP-1 standard and initially open 11 trading markets with 24/7 trading support. The tokens will be tradable on Hyperliquid’s public order book without separate permission. Token holders will be able to submit shareholder voting instructions through onchain signatures, while dividends will be automatically reinvested into the same stock after withholding tax. EQX Labs also said it plans to support direct dividend payouts to holders’ accounts once HIP-1 expansion features are introduced.

Bitwise Chief Investment Officer Matt Hougan said BTC is likely to rise across a range of economic environments, including interest-rate hikes, inflation, a recession and a boom in the artificial intelligence industry, according to Cointelegraph. Hougan said BTC’s long-term uptrend is likely to continue regardless of macroeconomic conditions, adding, "All roads still lead to Bitcoin."

The Korea Exchange triggered a sell-side sidecar after the Kospi extended its intraday losses, marking the 27th such move this year. The Kospi was trading at 5,710.16, down 4.97% from the previous session.

Spot CVD is an order book analysis chart for the BTC/USDT spot trading pair. The upper panel shows the volume heatmap, while the lower panel shows cumulative volume delta, or CVD. - The volume heatmap tracks trading volume at each price level. The background color becomes brighter when the price stays in a specific range for an extended period or makes a large move. Brighter zones may act as support or resistance. - The CVD indicator shows buy and sell orders by order size. As buy orders increase, the line in the corresponding color moves higher. The yellow line represents $100 to $1,000 orders, while the brown line is based on large orders ranging from $1 million to $10 million.

CoinMarketCap’s in-house crypto fear and greed index came in at 50, down five points from yesterday, and remained in neutral territory. The index indicates extreme fear as it approaches zero and extreme optimism as it nears 100. According to CoinMarketCap, the gauge is calculated based on price movements in the top 10 cryptocurrencies by market capitalization, market volatility, derivatives-market data including the put/call ratio, the stablecoin supply ratio (SSR), and CoinMarketCap’s own search data.

Ethena founder Guy Young said some users had flagged large ENA transfers from whale wallets over the past 48 hours, and the movements were confirmed as a security measure in response to recent concerns related to hardware wallets. Young said the transfers were not intended for selling.

ARK Invest CEO Cathie Wood said ARK’s venture fund has launched on-chain through Securitize, with no changes to the existing portfolio, liquidity, or minimum investment amount. Wood said, based on ARK’s research, tokenization could fundamentally change how investors participate in public and private financial markets, and added the launch expands ARK’s goal of giving more investors access to opportunities to invest in technological innovation.

The U.S. SEC has approved the listing of binary options on Cboe tied to key performance indicators of listed companies, according to Crypto in America host Eleanor Terrett. The products would let investors bet on whether conditions are met for metrics such as Coinbase trading volume, BTC mining output at MARA Holdings (MARA), and Robinhood customer numbers and revenue. Robinhood is expected to be the first to offer the products to retail investors. The approval opens a way to trade not only on BTC prices but also on the earnings and business performance of crypto-related companies. The approval, however, is limited to a specific securities-options structure, while contracts with different structures could fall under the CFTC’s jurisdiction.

Asset manager VanEck has asked the U.S. SEC to withdraw the S-1 registration statement for its Lido-staking Ethereum (ETH) ETF. VanEck said it has not issued or sold any ETF shares under the filing and will not issue or sell any in the future.

Binance founder Changpeng Zhao (CZ) said on X that all hardware wallets should use transparent cases so users can easily check whether a device has been tampered with.

Coinbase announced via its official X account the addition of perpetual futures trading for CRWV, ORCL, SOXS, DELL, PLTR and SNXX. Trading in those contracts began at 10:00 a.m. UTC on Oct. 14.

The three major U.S. stock indices closed lower today. - S&P 500: -1.10% - Nasdaq: -1.88% - Dow Jones: -0.09%

Patrick Witt’s secondment to the White House crypto council has ended, according to Eleanor Terrett, host of the podcast Crypto in America. Terrett said the White House said in an email that Witt’s assignment to the White House crypto council had expired, and Witt therefore stepped down as the council’s chief of staff.

MEXC CEO Vugar Usi Zade said Bitcoin has moved out of a bear market and into a sustainable upswing, supported by rising confidence and adoption among institutional investors. In an interview with AMB Crypto, Zade said this cycle is completely different from earlier, more speculative ones and that institutional acceptance is strengthening Bitcoin’s foundation. If institutional demand remains high and overall economic conditions improve, Bitcoin could see a stronger recovery, Zade added.