Analysis: XMR's recent surge was driven by buying pressure from a $23 million hacker fund

According to Onchain Lens monitoring, the attacker behind Drift Protocol has reactivated, sending at least 13,400 ETH (valued at approximately $32 million) to Tornado Cash, likely to obscure fund tracking trails. Among the tracked wallets, the attacker currently still holds $224.59 million in total assets: 93,965 ETH (worth around $224 million), 477,375 USDY (approximately $548,980), and 1.33 SOL (valued at $138).

According to 1inch’s official help center, the 1inch Card service will be shut down on December 18, 2026, and new user registrations have been suspended. Cardholders are advised to spend or withdraw their remaining balances before the deadline. Account closure, KYC, and data-related requests will be handled by card issuer Crypto Life (CL).

Dongcha Beating AI Flash News: Tencent announced it is opening its Yuanbao Search to developers via Tencent Cloud, supporting API, MCP, and Skill integrations. The company disclosed that the search service boasts a trillion-level index, with hundreds of millions of daily calls, and has already powered over 50 internal services including WorkBuddy, ima, and Tencent Video. Yuanbao Search’s underlying technology is derived from Sogou Search. It integrates Tencent’s content ecosystem and connects to 157 authoritative sources across 13 industries including finance, healthcare, and legal. The system uses large language models (LLMs) to understand query intent, filter web pages, and re-rank results, enabling agents to directly access titles, summaries, sources, and publication times. However, this is not Tencent’s first time offering external search services. Tencent Cloud records show its "Web Search API" launched as early as July 1, 2025. Alibaba Cloud was earlier, rolling out its standalone Web Search API on March 20 of the same year. Volcano Engine upgraded its existing service to "Doubao Search" in June this year, with an official public launch in July. DeepSeek opened the Search and Fetch APIs of its self-developed search engine on October 17. In terms of pricing, Yuanbao Search’s Lite, Standard, and Premium tiers cost 14 yuan, 20 yuan, and 26 yuan per 1,000 calls respectively, plus a monthly free quota of 2,000 calls. The Lite tier only supports public web sources; to access authoritative vertical sources, users must choose at least the 20-yuan Standard tier. By comparison, DeepSeek Search API charges 5 yuan per 1,000 successful requests, Alibaba Cloud OpenSearch Lite is priced at 12 yuan, and its Pro tier was just cut to 18 yuan on October 15.

According to official announcements, Binance will delist the spot trading pairs BONK/FDUSD, JUP/FDUSD, LDO/FDUSD, and WAL/BNB at 11:00 AM Beijing time on October 23.

On-chain data analyst XWIN, citing CryptoQuant data, noted that Bitcoin’s current on-chain metrics show a significant divergence between whale behavior and the spot market. While large holders have begun re-accumulating, spot market demand remains weak, with the market transitioning from "seller exhaustion" toward a potential bottoming phase. XWIN added that on-chain data points to positive accumulation signals: large holders holding 1,000 to 10,000 Bitcoin have sharply reversed their 60-day net accumulation from a negative 62,600 BTC to a positive 5,230 BTC, indicating major whales are shifting back from a distribution mode to accumulation. Meanwhile, Binance’s USDT reserves have surged from roughly $790 million to $1.76 billion, signaling growing potential buying power in the market. However, U.S. spot buying has not kept pace. The Coinbase Premium Index is currently around -0.1416%, while weekly exchange flows have shifted to a net inflow of 8,428 BTC. Additionally, the Short-Term Holder Spent Output Profit Ratio (STH-SOPR) hovers near 0.9982, indicating short-term holders are still selling at a small loss around the break-even point. The analyst believes that while the underlying market structure is improving, stronger spot demand is urgently needed to fuel a sustainable rally. He advised investors to closely monitor three key signals moving forward: the trajectory of the Coinbase Premium Index, changes in exchange net flows, and whether the STH-SOPR can successfully rise above the 1 threshold.

X-Agent’s latest Dune analytics data shows that as of October 20, the platform’s related on-chain activities have reached 1,268,897 transactions, with the number of Agentic Wallets standing at 39,649. Cumulatively, there have been 680,285 x402 payments and 233,188 AI Activity Syncs. Per Dune trend data, X-Agent’s on-chain activities saw clear growth in October, with transactions surging rapidly month-over-month, and x402 Payments also posting notable recent growth. Unlike traditional AI products that primarily track user counts, conversation volumes, and model call volumes, this dataset is particularly noteworthy because AI Agents in the X-Agent ecosystem are gradually generating verifiable, real on-chain economic activities. Through infrastructure such as Agentic Wallets, x402 payments, and AI Activity Syncs, Agents are evolving from mere information interaction tools to economic participants capable of executing tasks, using wallets, initiating payments, and generating on-chain records. This further validates the Agent Economy path X-Agent is advancing: Build → Act → Pay → Verify. From "creating AI Agents" to "enabling Agents to truly execute and transact", X-Agent is working to connect Agent capabilities, on-chain execution, and payment settlement into a complete closed loop. As x402 payments and Agentic Wallet scales continue to grow, the Agent Economy is transitioning from a concept to real network activities that can be directly observed and measured via on-chain data.