Odaily reports that Bybit CEO Ben Zhou announced during the "Make Your Move" global keynote that Bybit will partner with Mantle to launch a tokenized stock product called mStocks. The product is fully backed 1:1 by real assets, supports 24/7 round-the-clock two-way conversion, and will support all AMM liquidity pools within the Mantle ecosystem, allowing users to trade through decentralized exchanges.
Odaily reports that Payy has initiated a claims process for affected users following the September 24 cross-chain bridge contract exploit, with a 30-day claim application window. Compliant claims will be paid out in USDC on the Ethereum network. Payy Wallet is currently suspended and will be fully shut down after the claims window closes. Previously, Payy's cross-chain bridge contract on Ethereum was attacked, with all funds in the contract drained, resulting in a loss of approximately $1.8 million.
Odaily reports: According to Odaily monitoring, an address currently holds approximately 1.38 million HYPE long positions, with a notional value of approximately $114.63 million and current unrealized profit of approximately $61.256 million. This position accounts for approximately 6.88% of HYPE contract open interest, with a denominator of approximately $1.667 billion in total market notional open interest. This is the first observation; no trades were found in existing records, and the position entry time cannot be determined based on this information. According to the official leaderboard, this address has a daily PnL loss of approximately $6.947 million and a weekly PnL loss of approximately $14.344 million, both ranking No. 1; the leaderboard data is not equivalent to self-calculated realized PnL.
Address: 0x082e843a431aef031264dc232693dd710aedca88
Contract: HYPE
Current Position: Long, notional value $114,630,100
Current Unrealized PnL: $61,256,100
Official Leaderboard Account PnL (Last 1 Day): -$6,946,700
Official Leaderboard Account PnL (Last 7 Days): -$14,343,600
Account Observed Contract Trades Realized PnL: $0.00 (excluding funding fees)
Distance from Liquidation Price at Observation Time: 10.30% (not a liquidation prediction)
Odaily reports that according to Pascal Gauthier's monitoring, all confirmed losses of funds in this incident involved Ledger signing devices sold through the Southeast Asian reseller CryptoBilis. Ledger confirmed on October 10 that one of the affected devices had been implanted with an unauthorized hardware implant, and there is currently no indication that Ledger's own infrastructure, systems, or services were compromised. CryptoBilis has stopped selling Ledger devices. Ledger's security team Donjon is examining recovered devices, cooperating with law enforcement, and contacting affected users.
Odaily News: According to Odaily monitoring, a certain address currently holds 100,005 HYPE short positions. At a mark price of $83.049, the nominal value is approximately $8.3053 million, with an unrealized loss of approximately $5.059 million. This position accounts for approximately 0.498% of HYPE contract open interest, with the denominator being the total market open interest nominal value of approximately $1.667 billion. Hyperliquid's official monthly leaderboard shows that this account's PnL for the month is a loss of $13.8517 million, ranking 2nd; the leaderboard methodology is not equivalent to self-calculated realized PnL.
Address: 0x0b8aa35c28b7c6ab18f11dc168f437a8a69fd4f8
Contract: HYPE
Current position: Short, nominal value $8.3053 million
Current unrealized PnL: -$5.059 million
Official leaderboard account PnL (last 30 days): -$13.8517 million
Account observed contract trading realized PnL: -$0.00 million (excluding funding fees)
Distance from liquidation price at observation time: 59.48% (not a liquidation prediction)
Odaily News: CZ posted on X that paying to spread FUD and smear competitors is a way to damage your own exchange's credibility, and whether users are willing to entrust their crypto assets to a company that adopts unethical business practices is worth pondering. CZ also said that such behavior not only weakens users' trust in the relevant exchange, but may also inadvertently bring publicity to the competitor being smeared, even though this kind of publicity may be repulsive.
Earlier news: OKX CEO Star posted on X, criticizing CZ's recent remarks regarding compensation for Binance users. Star questioned CZ's characterization of the compensation as a voluntary act, arguing that the previous market crash had caused tens of billions of dollars in losses and dealt a heavy blow to a large number of investors, and that compensation should not be used as a reason for self-praise, and satirized his remarks with "Who is the Yue Buqun of the crypto world?"
Odaily News: Danske Bank analyst Cillie Bue stated in a report that the US dollar remained near an 18-month high on Monday, supported by weakening market risk appetite and comments from Federal Reserve official Beth Hammack backing further rate hikes.
The market is currently awaiting US inflation data due on Wednesday for more clues on the Fed's future rate decisions. Bue said: "The market is currently pricing in only 5 to 6 basis points for an October rate hike, so even if the CPI data confirms that the Fed may only raise rates once per quarter, we do not believe this would deal a significant blow to the dollar." (Jinshi)
Odaily News: According to KB Securities analysts E.T. Lee and D.E. Lee, although the AI boom has kept semiconductor companies' profit expectations elevated, the pullback in South Korean chip stocks may partly reflect investors' skepticism about earnings sustainability. Samsung Electronics and SK Hynix shares fell for a fifth consecutive trading session.
The two analysts wrote in a report, "Investors still appear to view semiconductors as a cyclical industry and remain skeptical about the sector's ability to sustain earnings generation." They noted that while supply bottlenecks can drive profit surges during boom periods, the eventual easing of supply bottlenecks could lead to excess inventory and overinvestment. They added that similar patterns have also emerged in industries such as post-pandemic diagnostic test kits, masks, toilet paper, and container shipping. (Jinshi)
Odaily News: According to Ledger monitoring, its security team Ledger Donjon is investigating Ledger signing devices (signers) sold by Southeast Asian distributor CryptoBilis. The batch of devices was implanted with unauthorized hardware components, and Ledger confirmed on October 10 that one user's device was affected. Ledger Donjon's analysis shows that the implant is located inside the device casing and can read the screen display contents, decode the 24-word recovery seed phrase during initial setup, and transmit it externally via a built-in eSIM and LTE. The component does not modify the secure chip, system, or transaction signing. Currently, all confirmed fund losses related to the incident disclosed on October 9 involve devices sold through CryptoBilis. CryptoBilis has stopped selling Ledger devices.
According to Odaily, Gate data shows that the Nikkei 225 Index closed down 1,253.40 points, or 1.82%, at 67,777.52 on Tuesday, October 13.
Odaily Report: South Korea's KOSPI index closed down 348.9 points, or 5.47%, at 6,035.34 on Tuesday, October 13. SK Hynix plunged 10.09%, while Samsung Electronics fell 7.38%.
Odaily News: Applied Materials (AMAT), the largest semiconductor equipment manufacturer in the United States, recently projected that its revenue will double in the coming years. The company is also leveraging AI tools to drive innovation and product R&D, and exploring methods to improve semiconductor yield rates.
According to Onchain Lens monitoring, a Bitcoin OG transferred $138.32 million USDC to Binance. This whale currently holds $200 million USDC and $61.68 million USDT, totaling $261.68 million.
Odaily reports that Upbit has designated Blur (BLUR) as a cautionary trading item, and deposit and withdrawal services have currently been suspended.
Odaily News: According to monitoring by SafePal's official customer service account, SafePal stated on October 10 that it is aware of reports of fund losses involving Ledger devices sold by reseller CryptoBilis, and is reminding SafePal users to verify three protective measures: device authentication during initialization, the first activation date reminder in the App, and tamper-proof packaging seals. These mechanisms are designed to help identify tampered or used devices. If any check appears abnormal, users should stop using the device and contact official support through the SafePal website or App.
