๐ Global & Macro: No major macro headlines this hour; focus remains on crypto market turmoil and security incidents.
๐ฆ RWA & Institutional: No RWA or institutional developments reported in this cycle.
โก Crypto & Markets: Ledger confirmed a supply chain attack after discovering an unauthorized hardware implant in at least one user device; the full scope is under investigation. October 10 set a record as crypto’s largest liquidation day, with over $19 billion wiped out. CZ dismissed accusations as ‘far-fetched,’ and Binance stated that a stablecoin depeg began only after Bitcoin had bottomed, suggesting it was not the cause of the downturn.
๐ก Key Takeaway: Security breaches and record liquidations underscore rising operational and market risks, while exchanges push back on blame for recent volatility.