According to Odaily Planet Daily, OKX CEO Star stated in a post on the X platform that Ethena Labs excels in portfolio and risk management, and its transparency should set an industry benchmark. OKX has already listed the ENA token and may support USDe in the future. It is also an early angel investor in Ethena. Star pointed out that the market should not view USDe as a 1:1 stablecoin. It is essentially a tokenized hedge fund that typically employs relatively low-risk strategies such as delta-neutral basis trading or money market investments, but it still carries inherent risks, including automatic deleveraging (ADL), exchange failures, and custodial security vulnerabilities. He emphasized that labeling USDe as a "stablecoin" or describing its price fluctuations as "depegging" is misleading. USDe was not designed to maintain a fixed peg to the US dollar. If exchanges plan to include it in their collateralization system, they must establish a comprehensive and dynamic risk control mechanism.

According to Odaily Planet Daily, Nasdaq-listed Qualigen Therapeutics (QLGN) announced that it has completed the construction of infrastructure, including US dollar cash settlement, bank accounts, and cryptocurrency custody accounts, over the past two weeks. It will officially begin purchasing its first strategic assets this week, primarily investing in the top 10 cryptocurrencies by market capitalization, with a focus on blue-chip crypto assets such as BNB, ETH, and SOL. (Globenewswire) Previously, FF had made a strategic investment of $41 million in Nasdaq-listed QLGN, with Jia Yueting investing $4 million. QLGN will be renamed CXC 10. (globenewswire)

Huoxun Finance reported on October 13th that, according to Globenewswire, AlphaTON Capital Corp. (NASDAQ: ATON) continued to expand its TON reserve despite the market conditions of the past week. On October 12th, the company purchased an additional 300,000 TON tokens on the open market, adding to the 1.1 million TON tokens purchased on the open market last week, further increasing its cumulative holdings. With no liquidations and the majority of its TON assets uncollateralized, AlphaTON Capital's debt-to-asset ratio remained low at 0.07.

Huoxun Finance reported on October 13th that, according to on-chain analyst @ai_9684xtpa, an anonymous hacker purchased 8,637 ETH (US$38.01 million) at an average price of US$4,400 on October 2nd. Ten days after holding onto the ETH, they encountered the October 11th flash crash. In a panic, they sold all their tokens at US$3,778, ultimately losing US$5.37 million. This wiped out all of August's revenue.

Huoxun Finance reported on October 13th that, according to SoSoValue data, Sino-US relations have eased somewhat following the statements made by Trump and Vance, easing market panic and leading to a rebound across the crypto sector, with 24-hour gains ranging from 6% to 20%. The Layer 2 sector led the gains, with gains of 19.40%. Within the sector, Mantle (MNT) surged 38.30%, Celestia (TIA) rose 15.04%, and Zora (ZORA) rose 25.26%, respectively. Additionally, Bitcoin (BTC) rose 4.85%, breaking through $115,000, and Ethereum (ETH) surged 11.66%, reaching above $4,100. Other sectors that performed well included: the AI sector, which rose 16.50% in the past 24 hours, with Bittensor (TAO) rising 37.75%; the CeFi sector, which rose 15.36%, with Binance Coin (BNB) up 16.87%; the Layer 1 sector, which rose 12.80%, with Solana (SOL) and Cardano (ADA) up 12.75% and 13.69%, respectively; the DeFi sector, which rose 12.55%, with World Liberty Financial (WLFI) up 18.67%. Among other sectors, the Meme sector rose 12.04%, with SPX6900 (SPX) up 22.98%; the PayFi sector, which rose 8.17%, with Dash (DASH) up 50.55%.