Whales Open 10x Longs on 29,798 $ZEC ($37.57M) in 15 Hours

Bank Negara Malaysia, Malaysia’s central bank, has announced the launch of SSDS+, a next-generation paperless securities depository system based on distributed ledger technology. The platform supports the issuance, depository, and custody of tokenized debt securities, including sukuk (Islamic bonds). It can track the ownership and transfer of tokenized securities, and connects to the real-time electronic funds and securities transfer system RENTAS+ to settle bond payments using central bank currency. Bank Negara Malaysia stated that SSDS+ is primarily designed for wholesale issuance, but it also already has the capability to support tokenized government bonds and corporate retail bonds.

According to Bitget market data, South Korea’s KOSPI index closed 182.93 points higher on Wednesday, October 21, marking a 3.29% gain to end at 5,735.67 points. Samsung Electronics rose 5.67%, and SK Hynix gained 5.8%.

BitMEX founder Arthur Hayes announced in a post that Flop Labs' testnet and airdrop are set to launch in the coming weeks. He specifically warned that no FLOP token currently exists, and anyone claiming the token is already available is a scammer.

Beating AI Express News: Zhu Xiaoyong, former Algorithm Director of Alibaba's ATH team, is preparing to launch a startup named RSI, with an initial round valuation reportedly around $80 million. Previously, he served as Chief Applied Scientist at Microsoft, and at Alibaba was responsible for model research and development and self-evolution-related work. RSI stands for Recursive Self-Improvement, whose goal is to enable AI to participate in improving its own training and operation methods. Zhu’s team plans to start with open-source tools, data, and model training services, helping enterprises in sectors including healthcare, robotics, and semiconductors to continuously optimize their proprietary models using their own data.

According to HTX market data, MEXC's platform token MX has plunged 15% to $1.695, likely impacted by MEXC's official announcement that it will cease services for users in Russia and Belarus. Earlier, crypto exchange MEXC released an official notice stating the move is a measure to strengthen its global compliance operations.

According to ZachXBT’s monitoring, an institutional entity was allegedly hacked by North Korea-linked group SquidSquad on BNB Smart Chain (BSC) on October 8, with approximately $2.84 million stolen. Per its tracking, the attacker deposited 1,111.2 ETH into Tornado Cash on October 20, then withdrew the funds to three addresses, before cross-chain transferring the assets from Ethereum to Tron via USDT and aggregating them into two addresses. All of the aforementioned aggregation addresses have financial ties to addresses previously attributed to North Korean actors. The funds then flowed through intermediate addresses to an over-the-counter (OTC) platform within minutes. ZachXBT believes this move may be aimed at evading potential Tether fund freezes.