Glassnode: Bitcoin's sell wall above $85,000 has disappeared, potentially paving the way for further gains.

In response to SlowMist’s report that a Safe module used in Aave v3’s loop strategy was exploited, causing losses of roughly 114.09 ETH (about $310,000), Aave founder Stani Kulechov said the incident was not an attack on the Aave v3 contract itself. Kulechov noted the involved module is a third-party external adapter built on top of Aave v3, adding the event had no impact on Aave v3 itself. Earlier BlockBeats reports indicated the Aave v3 Loop Safe module was attacked, with the attacker exploiting an access control flaw in the FlashLoopAdapter’s open()/close() functions. The hacker stole approximately 114.09 ETH from two Safe multi-sig addresses by forging Safe authentication and executing arbitrary modules, then repaid around 1,300 WETH in debt to unlock collateral.

CryptoQuant analyst Darkfost wrote in a post that large crypto whales holding significant capital are increasing the volume of stablecoin transfers to Binance. Data shows that the 30-day cumulative inflow from whale addresses sending over $1 million in stablecoins per transaction has risen from $21.7 billion to $30.5 billion, a more than 40% increase compared to over a month ago. Typically, stablecoin inflows to exchanges signal that funds are positioning for market moves, so the rise in whale stablecoin inflows may be tied to potential buying pressure. Data indicates that whale stablecoin inflows previously hit a peak of over $61 billion in October before a prolonged decline. Recently, as structural trends in Bitcoin have shifted, whale capital behavior has begun to adjust, though they remain cautious. Darkfost noted that current whale capital deployment is influenced by multiple factors, including market expectations for the "October rally" and macroeconomic factors such as conflicts, inflationary pressures, and rising bond yields.

Kinetiq, a liquid staking protocol built on the Hyperliquid ecosystem, has concluded its kPoints loyalty program and opened KNTQ token subscriptions. Point holders can purchase their allocated KNTQ tokens at a price of $0.26 per unit within 10 days. This round’s subscription quota is 50 million KNTQ tokens; if fully sold, it is expected to raise approximately $13 million. Following the announcement, KNTQ’s price dropped by around 23%. Kinetiq previously built its user base through the kPoints points mechanism, and is now offering token access to point holders via paid subscriptions.

U.S. Time magazine released a lengthy report on Donald Trump on October 1. The report noted that Trump has grown increasingly fascinated by artificial intelligence capabilities since returning to the White House. Last December, Elon Musk secretly returned to the White House Oval Office to meet with Trump, during which Trump spent hours posing questions about his presidential tenure and political legacy to Musk’s AI chatbot Grok. Trump also asked Grok how Venezuelan citizens would react if the U.S. arrested Nicolás Maduro. Grok replied that Maduro was deeply unpopular in Venezuela, with many Venezuelans likely to celebrate his downfall. The following month, Trump ordered the operation to arrest Maduro, and celebrations subsequently erupted on Venezuelan streets. Multiple officials disclosed that this incident led Trump to view Grok’s performance as excellent. (Jinshi)

According to GMGN market data, Dolphin (POD) has rallied over 130% following its listing on Upbit, currently trading at $0.682 with a market cap of roughly $338 million. Notably, the token’s 24-hour trading volume is just $3.1 million. Earlier, BlockBeats reported that South Korean exchange Upbit announced it would add support for Dolphin (POD) trading, opening pairs in KRW, BTC, and USDT. BlockBeats Note: Meme coins exhibit extreme volatility, largely driven by market sentiment and conceptual hype rather than tangible value or use cases. Investors should be mindful of the associated risks.

According to Coinglass data, as Bitcoin surges past $86,000, it has climbed 1.35% over the past hour, with total liquidations across the crypto network hitting $121 million in the same period—including $2.55 million in long position liquidations and $119 million in short position liquidations.