Analysis: Bitcoin demand has improved significantly, with spot demand surging sharply compared to September 20.

Solana Foundation Technical Vice President Jacob Creech stated in a social media post that even if the quantum timeline advances or AI-driven "classical attacks" emerge, Solana users do not need to enter "bunker mode" unlike users of other networks. Creech explained that Solana uses Ed25519, with each signing key derived from a secret seed hash. Whether quantum or classical attacks crack the curve, only the derived key would be exposed—not the seed, which never appears on-chain.

Kishu Inu founder Alexander Sisemore is facing three wire fraud charges, with prosecutors alleging his involvement in a roughly $9 million rug pull scam. The U.S. Department of Justice released the indictment on October 7. Prosecutors claim that when the Kishu Inu project launched, Sisemore and co-conspirators secretly allocated tokens to themselves, made false statements to investors to prop up the project’s liquidity and inflate the token’s price, while covertly selling their own token holdings. Prosecutors allege Sisemore reaped approximately $9 million in personal profit from the scheme. He is charged with three counts of wire fraud, each carrying a maximum penalty of 20 years in prison. The FBI Chicago Field Office is now seeking Kishu Inu investors and relevant case leads. It is important to note that all the above are prosecutorial allegations; the indictment does not constitute a guilty verdict, and Sisemore is legally presumed innocent until proven guilty.

Beating AI News, SpaceXAI has updated the X search and monitoring capabilities of its AI assistant Grok Bot. All Grok Bot users can now have the bot collect posts and track topics without linking an X account or configuring a connector. Use cases include monitoring user reviews of a specific product, tracking breaking news, or compiling industry updates on a regular basis. Grok Bot was integrated with X as early as August, but prior to this update, users had to link an account to query posts via X’s API. Now, the bot can directly search and read X using its built-in tools. Combined with its existing scheduled task feature, it can also regularly check for new posts, organize the results, and send them back to the conversation. Grok Bot developers disclosed that querying X previously incurred fees, but read-only queries are now free, though rate limits still apply. Non-read-only operations, such as posting, still require configuring an X connector. The official has not yet announced the specific free query limits.

According to Reuters, Greece is preparing to introduce legislation imposing a 10% tax on cryptocurrency capital gains. The relevant draft bill was released Thursday evening local time and has entered the public consultation phase. The bill is expected to be submitted to parliament for review in November. Under the draft, personal annual cryptocurrency capital gains of up to €500 (approximately $559.95) will be exempt from the new tax. Greece currently lacks a comprehensive tax legal framework for cryptocurrencies, and EU member states have no unified crypto taxation system. European countries currently vary significantly in their crypto taxation methods and rates, with capital gains taxes ranging from 8% to 30%—typically levied on gains from the sale of crypto assets. Greek officials noted that it is difficult to accurately estimate the size of the country’s cryptocurrency market, as the vast majority of investors use overseas platforms. The government has also not provided specific forecasts on the fiscal revenue the new tax will generate.

According to Arkham’s monitoring, trader CryptoCurb bought ZCAT in 38 separate transactions in early September, investing a total of around $19,600. At that time, the token’s market cap stood at approximately $2.17 million. The trader’s position has since risen roughly 15 times in value. They have now cashed out $49,900, while still holding ZCAT worth $259,400, bringing their total holdings to about $309,300; this sale represents a quarter of the total amount they purchased.

Sui announced in a post that it has launched Circle CCTP V2, enabling native USDC transfers between Sui and 29 other supported blockchains. Minting rights are held by Circle, and the USDC supply on Sui is directly sourced from the issuer.