South Korea's Financial Services Commission (FSC) has instructed financial institutions to complete urgent internal security reviews following a series of cyberattacks that exposed personal data. FSC Chairman Lee Eog-weon told an emergency meeting of financial executives that preliminary investigations point to weak monitoring on external websites and servers used by loan agents and employees. Regulators have not ruled out the use of artificial intelligence in the attacks and called for accelerating systems designed to "defend against AI with AI." President Lee Jae-myung has been briefed on the breaches and response measures.

Ripple and the XRP Ledger Foundation have jointly established a new organization called XRP Asia, headquartered in Singapore and led by former Hedera Foundation vice president Sabrina Tachdjian. The initiative aims to accelerate XRP Ledger adoption across the Asia-Pacific region by building on the existing XRPL Korea and XRPL Japan communities while supporting new community formation in major Asian cities and developer hubs. XRP Asia will develop scalable learning resources designed to help developers acquire skills for building on XRPL.

Combined weekly trading volume across South Korea's five largest crypto exchanges reached 20.5 trillion won between September 25 and October 2, a 19.56% decline from the prior week. Upbit remained the dominant venue with a 64.04% market share, though that figure slipped 3.3 percentage points. Bithumb gained 1.893 points to 26.66%, while Coinone held third place with 6.58%, up 1.12 points.

The Philippines' Anti-Money Laundering Council (AMLC) has obtained court orders to freeze more than 100 financial accounts and other assets linked to a lawmaker and several individuals and entities suspected of corruption and irregularities in flood control projects. The freeze covers 86 bank accounts, 4 investment accounts, one insurance policy, and 25 virtual asset wallets. The AMLC noted that funds moved through multiple virtual asset service providers and wallets, complicating tracing efforts, though it did not publicly identify the parties involved.

A 60-year-old Hong Kong woman fell victim to an elaborate crypto investment fraud after meeting a self-proclaimed "investment expert" through an online platform. The scammer repeatedly demanded margin deposits to prove her account was not being used for money laundering, and between April 14 and September 22 she transferred approximately HK$21.5 million (about $2.75 million) to designated accounts. She reported the incident to police on October 3, and the case is being handled by Sau Mau Ping district crime investigation unit. Hong Kong police reminded the public that obtaining property by deception carries a maximum penalty of 14 years in prison.

Amy Street, former growth lead at ROVE and former advisor to The Arena, publicly accused the company and its founder Jason of prolonged wage and expense non-payment while withholding full token allocation accounts. Street said she resigned after repeatedly demanding owed compensation, having personally covered event expenses even during profitable campaigns, and that she was only offered final payment conditional on signing a termination agreement. She also claimed the Rove App has been inaccessible for about a year, leaving user assets locked despite official promises of restoration "next week."

Gate will hold a press conference on October 8 during TOKEN2049 Singapore 2026 at Raffles Hotel, with founder and CEO Dr. Han serving as the keynote speaker. The event will center on Gate's upcoming product launches and its development roadmap, including the background and positioning of new offerings. Dr. Han is expected to discuss the exchange's vision for next-stage financial services innovation and answer questions on business direction, product strategy, and industry trends.

Gate's Pre-IPO offering for SpaceX (SPCX) completed its third tranche unlock on October 3, corresponding to 14% of the original target company allocation totaling 23,730 SPCX. With 27% of shares already unlocked, the remaining SPCX represents 73% of the original allocation, so this tranche released 19.18% of each holder's snapshot balance at a 1:1 ratio into Gate stock accounts.

London-based stablecoin payment infrastructure company OpenPayd plans to go public on Nasdaq via a merger with Titan Acquisition Corp. by end of 2026 at an $1.1 billion valuation. CEO Iana Dimitrova said proceeds will fund US expansion and acquisitions, targeting US client services by April 2027, backed by money transmitter licenses across 43 states. The company reported revenue of $73 million in its latest fiscal year, up about 28%, and counts Kraken and OKX among its clients for fiat and stablecoin payment infrastructure.

CryptoQuant analyst Darkfost highlighted that the monthly average exchange BTC inflow-to-outflow ratio has fallen to approximately 0.97 and continues to decline. This suggests outflows are dominating, a positive signal for the market as investors increasingly move purchased BTC into self-custody for long-term holding. The trend points to a market environment favoring accumulation over near-term selling pressure.