Ocean Protocol Team Allegedly Dumps $120M Worth of Crypto

️ On today's Top Picks:

Crypto News

• ⭐️ Kalshi reportedly receives investment offers valuing the company at more than $10B; Polymarket is also reportedly seeking additional funding at a valuation of up to $15B.

• Polymaket launches support for $BNB Chain deposits & withdrawals; also launches mini app on World $WLD app.

• Jupiter $JUP launches Prediction Market beta; powered by Kalshi liquidity.

• Hong Kong SFC approves first spot Solana $SOL ETF; to begin trading on October 27th.

• Tether $USDT reaches 500M users; Tether CEO Paolo Ardoino says "Likely the biggest financial inclusion achievement in history."

• Kraken reports Q3 2025 financial highlights; reports revenue of $648M, adjusted EBITDA of $178.6M, & $59.3B in assets on the platform; to reportedly go public in 2026.

• FalconX to acquire 21Shares, a crypto ETF manager, for an undisclosed amount; 21Shares ETFs & ETPs to continue to operate without changes.

• Kadena $KDA Organization to shut down citing unfavorable market conditions; Kadena blockchain to continue to operate until miners & validators exit.

Alpha

• MegaETH announces upcoming $MEGA public sale details; to offer 5% of token supply at $1M-$999M FDV in three-day English auction; begins on October 27th via Sonar (Echo).

• ⭐️ Hyperliquid $HYPE & Lighter list MegaETH $MEGA; trade with up to 3x leverage; currently trading at ~$5B FDV.

• Rabby to launch Polymarket integration soon; MetaMask & Rainbow to also launch Polymarket integration soon.

• Soneium launches Soneium Score Season 3; users with at least 80 points to be eligible for badge; ends on November 20th.

• Stable teases "Something big is set to unfold this Thursday" on X; to launch the "next phase" of Stable.

• Farcaster Founder Dan Romero posts "Big day tomorrow" on Farcaster; recently launched new Farcaster brand featuring new logo, colors, & more.

• State of Crypto by a16z Crypto.

Airdrops

• Airdrops, Checkers, & Points by Olimpio.

• Monad to close $MON airdrop claim (registration) portal on November 3rd; 5.5K community members & 220K onchain users are eligible.

• ICYMI Echo users who have invested in at least 1 deal are eligible for the Monad $MON airdrop; Monad airdrop registration closes on November 3rd.

• ⭐️ Meteora to launch $MET airdrop claim on October 23rd at 1PM UTC; Meteora Points holders, Jupiter $JUP stakers, & more are eligible.

• Limitless launches $LMTS airdrop claim; Limitless Season 1 Points holders & Wallchain Epoch 1 Quackers are eligible.

• ICYMI Airdrops, Checkers, & Points (October 13th) by Olimpio.

Finance News

• Gold $XAU extends two-day losses to ~7%; currently trading at ~$4100.

• US Treasury imposes new sanctions on Russia's largest oil companies, Rosneft & Lukoil; demands Russia immediately agree to a ceasefire with Ukraine.

• ⭐️ US President Trump Administration in talks to take stakes in several quantum computing companies; includes ionQ $IONQ, Rigetti Computing $RGTI, & D-Wave Quantum $QBTS.

• Coinbase $COIN & American Express $AXP open Coinbase One Card to everyone in the US; earn up to 4% Bitcoin $BTC back on every purchase.

• Galaxy $GLXY reports Q3 2025 earnings; reports net income of $505M, adjusted EBITDA of $629M, & total equity of $3.2B.

• SharpLink $SBET buys an additional 19,271 Ethereum $ETH (~$74M) at $3,892 per ETH; now holds 859,853 ETH (~$3.3B).

• Forward Industries $FORD announces Crypto Advisory Board; currently holds 6.82M Solana $SOL (~$1.3B).

• Hyperliquid Strategies to raise $1B for Hyperliquid $HYPE treasury; pending merger with Sonnet BioTherapeutics $SONN & Rorschach I.

• OpenAI launches ChatGPT Atlas, an AI-powered web browser; available now on macOS, to launch soon on Windows, iOS, & Android.

• Tesla $TSLA reports Q3 2024 earnings; reports total revenue of ~$28B, earnings per share of $0.39, & free cash flow of ~$4B; still holds 11,500 Bitcoin $BTC (~$1.3B).

Security and Exploits

• ⭐️ Ocean Protocol $OCEAN allegedly dumps $100M+ worth of Fetch $FET tokens; Ocean Protocol founder Bruce Pon denies the allegations.

• Security Alliance launches real-time phishing defense network alongside MetaMask, WalletConnect $WCT, Backpack, & Phantom; powered by Verifiable Phishing Reports.

• Solana $SOL Mobile ends support for Saga; to no longer receive software updates & security patches.

• CoinGecko achieves SOC Type 2 Certification; attestation conducted by Sensiba.

• Brave warns of indirect prompt injection attacks within AI-powered web browsers; the attack can occur when malicious instructions are hidden in web content.

Token Unlocks

• Scroll $SCR / ~$13M / OCT 22nd
• Humanity $H / ~$9M / OCT 25th
• Plasma $XPL / ~$32M / OCT 25th
Sourced from Tokenomist

Funding

• Sign $SIGN raises $25.5M in Strategic funding led by YZi Labs & IDG Capital.

• StraitsX raises $10M in Strategic funding from UQPAY.

• BitcoinOS $BOS raises $10M in funding led by Greenfield Capital.

• TBook raises $5M in Strategic funding led by the Sui $SUI Foundation.

• Printr raises $2M in Extended Seed funding from several investors.

• Kinetiq raises $1.75M in Seed funding from several investors.

• Aureo raises $1.1M in funding from Early Riders.

• APRO raises an undisclosed amount in Strategic funding led by YZi Labs.

• Kotani Pay raises an undisclosed amount in funding from Tether.

The Degen Farmer