Nanfang's Double Leveraged Long SK Hynix Fund Drops 20.43%

Bybit CEO Ben Zhou stated during the "Make Your Move" global keynote speech that Bybit’s goal is to build a trading platform covering all types of global assets, allowing everyone to access opportunities in global financial markets. Ben Zhou revealed that Bybit’s TradFi market currently offers over 500 products, including oil, foreign exchange, commodities, Nasdaq indices, and individual stock CFDs. Since launching TradFi perpetual contracts in March this year, the platform has rolled out more than 250 such contracts, with a cumulative trading volume of approximately $180 billion. Furthermore, Bybit entered the pre-market trading space in June this year, with plans to provide users with corresponding pre-market trading opportunities ahead of the listing of new stocks with strong market demand. Ben Zhou noted that Bybit should not be limited to a crypto trading platform; instead, it aims to continuously expand into diverse asset classes such as TradFi, enabling users to participate in trading across different financial markets at any time.

According to official announcements, privacy stablecoin payment network Payy has initiated a claims process for affected users following the September 24 cross-chain bridge contract hack. The claim application window is 30 days. Eligible claims will be disbursed in USDC on the Ethereum network. Additionally, Payy Wallet is currently suspended and will be fully shut down after the claims window closes. On September 24, Payy’s cross-chain bridge contract on Ethereum was exploited, draining all funds from the contract, resulting in losses of approximately $1.8 million.

According to official announcements, Predict.fun has launched the "Predict the Worlds" event themed around the League of Legends World Championship. After joining the event, users can trade in pre-match and in-match markets, earning treasure chests of varying rarity based on their accumulated trading volume. The value of these chests will be unveiled after the final match, with redemption opening at that time. The event boasts a $250,000 USDT prize pool, and special treasure chests may also include rewards such as Steam gift cards, Riot Points, and gaming chairs. The League of Legends World Championship is scheduled to kick off on October 15.

Crypto mining firm Bitdeer’s AI cloud division Bitdeer AI announced it has signed an 8-year data center service agreement with Malaysia’s Cyberjaya, adding 60MW of A103 AI cloud data center capacity. The expansion lifts Cyberjaya’s total capacity to 71.5MW, while pushing the company’s locked-in global AI cloud data center capacity across Malaysia, Norway and the U.S. to 333.5MW—reaching 95% of its 350MW target for Q1 2028. Bitdeer stated it will continue accelerating AI computing power deployment while balancing performance and cost to prepare for next-generation AI demands.

According to official announcements, Bybit co-founder and CEO Ben Zhou will deliver a global keynote speech titled "Make Your Move" at 15:00 Beijing time today, with only 10 minutes remaining until the start of the event. The speech will center on four core themes: financial evolution, new financial platforms, Bybit AI, and the exchange’s next-stage development roadmap. It will focus on exploring the integration of cryptocurrency and traditional financial markets, as well as Bybit’s strategies in product innovation, global expansion, security, and compliance. Official sources revealed that exclusive previews of upcoming products and future plans will be unveiled during the speech. Additionally, audiences can engage in interactive activities including live stream keyword giveaways, a keynote-linked Q&A session, and a best clip contest, with a total prize pool of up to 5,000 USDT. The Q&A session will close on October 15, while the best clip contest deadline is October 20.

Ledger’s security team has released the latest investigation progress into the hardware implant incident, confirming that unauthorized hardware implants were found in some Ledger hardware wallets sold by Southeast Asian dealer CryptoBilis. The implant, located inside the device casing, can read screen display content, intercept the 24-word mnemonic phrase during user initialization, and exfiltrate data via LTE network using a built-in microcontroller paired with an eSIM. This component operates independently, does not modify the Secure Element or Ledger operating system, and does not interfere with transaction signing. As of now, all confirmed losses from the fund theft incident disclosed on October 9 are tied to devices from CryptoBilis’ sales channel; no related cases have been verified from other channels to date. CryptoBilis has suspended sales of Ledger products, and the investigation is ongoing. Ledger noted that the total number of affected users and total loss amounts have not been confirmed, and figures circulating online are unauthenticated by the official. The company advises users who purchased devices from CryptoBilis and have not initialized them to refrain from setting them up; users who have already set up their devices should immediately transfer their assets to a new device and generate a new mnemonic phrase, and must not restore the mnemonic phrase on the affected device. Affected users should contact Ledger’s official support channels and report the incident to local law enforcement. Ledger stresses that products from its official channels and direct sales are unaffected, reminding users to only purchase through authorized channels and to be vigilant against any requests for mnemonic phrases.