VC firm a16z lays off most of its portfolio company recruitment team staff

Machi(@machibigbrother) just got fully liquidated! Over the past 4 months, Machi turned just $56K into $12.25M through trading, and now he is back down to $21.8K. What a roller coaster!

According to HTX market data, Ethereum has fallen below $2,400, currently trading at $2,373, with a 5.42% decline in the past 24 hours.

According to HTX market data, Bitcoin has fallen below $81,000, currently trading at $80,742, with a 3.04% drop in the past 24 hours.

According to monitoring by Onchain Lens, three newly created wallets are suspected to belong to the same crypto whale, with a total of 1.255 million HYPE tokens staked, valued at approximately $100.43 million. The staking details per address are as follows: Address 1 has staked 460,180 HYPE (worth around $36.84 million), Address 2 has staked 449,900 HYPE (valued at roughly $35.98 million), and Address 3 has staked 345,250 HYPE (worth about $27.62 million).

According to Strait News, in March 2025, Zheng Mouyi, Zou and other accomplices exploited loopholes in the weak supervision and difficulty of evidence collection for over-the-counter (OTC) USDT transactions to premeditate a "rob from the robbers" robbery crime under the guise of offline virtual currency transactions. The group raised over 340,000 yuan to invite virtual currency merchants to conduct offline transactions. During the transaction, after the merchant transferred more than 40,000 USDT to the virtual wallet controlled by the group, Zheng Mouyi immediately sprayed the victim's eyes with pepper spray, and together with other accomplices violently robbed all the transaction funds. Afterwards, the six suspects divided the stolen money. The day after the incident, the public security organ quickly arrested all the suspects, recovered most of the stolen money and returned it to the victim. The Jin'an District Procuratorate filed a public prosecution against five people including Zheng Mouyi and Zou on charges of robbery in accordance with the law. In 2026, the court heard the case and sentenced the five defendants to fixed-term imprisonment ranging from 5 years and 7 months to 10 years and 4 months for the crime of robbery.

According to an official announcement, Binance is scheduled to suspend Filecoin (FIL) token deposits and withdrawals at 19:59 (UTC+8) on October 19, 2026, to support the network's upgrade and hard fork. This move is designed to deliver a high-quality experience for users. The project team will conduct the network upgrade and hard fork at block height 6,470,279, which is expected to take place at 20:59 (UTC+8) on October 19, 2026.