šŸ”Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

ChainITĀ® Brings

ChainITĀ® Brings "Your Face Is Your Password" to Web3 with Organizational MPC Wallets

Production wallets combine passwordless ChainIT ID with transaction-specific authority checks, advancing Agentic Web3 Complete Commerce during TOKEN2049 Week.SINGAPORE, Oct. 7, 2026 /PRNewswire/ -- ChainIT Inc. today announced production availability of its organizational Multi-Party Computation (MP…

ChainIT Inc. Launches Organizational MPC Wallets With Per-Transaction Authority

ChainIT Inc. Launches Organizational MPC Wallets With Per-Transaction Authority

ChainIT Inc. released production organizational MPC wallets that pair passwordless ChainIT ID with per-transaction authority checks and two-party MPC signing. The feature is included in new organizational identity profiles at no added cost.Material Details#DetailAI Analyst View1Org MPC wallets now i…

Ethereum ETFs See Biggest Outflow in 3 Weeks as Demand Stays Under Pressure

Ethereum ETFs See Biggest Outflow in 3 Weeks as Demand Stays Under Pressure

US spot Ethereum exchange-traded funds (ETFs) saw $201.9 million in outflows on October 6, the largest daily outflow since mid-September.It marked their sixth straight day of withdrawals, while Bitcoin funds took in $118.9 million. ETH’s price held steady for most of that streak. However, as demand …

Trader Wallet Suspected of Theft as $4 Million in Assets Are Moved and Swapped

Trader Wallet Suspected of Theft as $4 Million in Assets Are Moved and Swapped

According to on-chain analyst Ember, trader @frogmanhaha's wallet was suspected of being hacked about 5 hours ago, with 9 assets worth about $4 million transferred, sold, and converted into ETH, BNB, and SOL. According to ChainCatcher, the funds were then dispersed through tools including Privacy Ca…

Trader Wallet Suspected of Theft, With About $4 Million in Assets Moved and Sold

Trader Wallet Suspected of Theft, With About $4 Million in Assets Moved and Sold

A trader's wallet was suspected of being hacked about 5 hours ago, with roughly $4 million in assets transferred and sold into ETH, BNB, and SOL before being dispersed through tools including Privacy Cash and Chainflip. According to Foresight News, the wallet had nine assets stolen, mainly including…

ETH Trader’s 3,728-Token Long Position Fully Liquidated After Price Falls Below $2,600

ETH Trader’s 3,728-Token Long Position Fully Liquidated After Price Falls Below $2,600

ETH fell below $2,600, and a trader’s 3,728 ETH long position was fully liquidated within three minutes. According to Odaily, the position was valued at $9.85 million.

Kalshi’s 15-min gold markets overtake Ether just weeks after launch

Kalshi’s 15-min gold markets overtake Ether just weeks after launch

Kalshi’s 15-minute gold markets generated nearly twice the estimated trading fees of equivalent Ether markets in September, just weeks after their August launch.The gold contracts, which let traders take positions on whether gold will rise or fall over 15-minute intervals, generated about $5 million…

Ethereum L2 Abstract to Shut Down, Close Chain on Dec. 15 as Growth Stalls

Ethereum L2 Abstract to Shut Down, Close Chain on Dec. 15 as Growth Stalls

Consumer-focused Ethereum layer-2 network Abstract will halt operations and close its chain on Dec. 15, citing stalled growth and a lack of liquidity.The Block reported on Oct. 6 that Abstract said in a post on X it had decided to stop operating the network because of limited liquidity, a constraine…

Pudgy Penguins-backed Abstract to shut down after ā€˜tens of millions’ in losses

Pudgy Penguins-backed Abstract to shut down after ā€˜tens of millions’ in losses

Abstract, a consumer-focused Ethereum layer-2 blockchain built by Pudgy Penguins’ parent company Igloo Inc., said Tuesday it will shut down this year after struggling to scale and find product-market fit.In an X post, Abstract said its focus on ā€œconsumer cryptoā€ ultimately proved to be an unsustaina…

Casper Network: EVM compatibility moves to public testnet - Q4 2026

Casper Network: EVM compatibility moves to public testnet - Q4 2026

Casper Network plans to move EVM compatibility from DevNet to public testnet in Q4 2026. The timing is an estimate for a testnet milestone, rather than a confirmed production release.The transition advances Casper's Solidity-compatibility plans, which aim to let existing Ethereum tooling settle on C…

Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ā€˜tens of millions’

Pudgy Penguins-backed Ethereum L2 Abstract to shut down after losing ā€˜tens of millions’

Abstract, a consumer-focused Ethereum Layer 2 network, said it will wind down operations and shut down the chain on Dec. 15, 2026, citing stagnant growth, thin liquidity, a restricted DeFi ecosystem and limited institutional adoption.Abstract said more than 144 apps were deployed on the chain and mo…

Polymarket overhauls smart contracts with new Protocol V2 rollout

Polymarket overhauls smart contracts with new Protocol V2 rollout

Prediction market platform Polymarket is rebuilding its smart contract infrastructure, laying the groundwork for new market features and potential expansion beyond Polygon.Polymarket began rolling out Protocol V2 on Monday, introducing a new smart contract system designed to support different market…