US mega-cap cloud providers' stock prices rose collectively, with Microsoft and Amazon both up over 2%

Odaily News: U.S. President Trump stated that 28 million barrels of oil were shipped out of the Strait of Hormuz yesterday, and a major announcement on diesel is coming soon. Trump reiterated that energy prices will decline after the Iran war ends.

According to Lookonchain monitoring, some users who purchased Ledger hardware wallets have had their funds stolen, with all affected devices purchased from reseller CryptoBillis, and reported total losses approaching $90 million. Among them, a user with an address labeled TY24Ya purchased the device three weeks ago and deposited 7 million USDT into it, but approximately 10 hours ago the entire amount was stolen, potentially the largest single loss in this incident.

Odaily News: Bitcoin fell to $80,350 on Thursday before rebounding, climbing back above $83,000 at the Friday U.S. stock market open and subsequently fluctuating around $82,500. The rolling 24-hour cryptocurrency liquidation amount had previously exceeded $1 billion. Despite news circulating that Ledger hardware wallet users' funds were stolen, the crypto market has not yet shown significant selling pressure.Analysts suggest that before the U.S. CPI data is released on October 14, Bitcoin may remain range-bound, with the main trading range between $81,300 and $86,500, and could repeatedly test $84,000. The market is also watching whether Bitcoin can hold the key level of $82,500 before the weekly close. (Cointelegraph)

According to MistTrack monitoring, Odaily reports that Tether has frozen a large amount of USDT on addresses related to the Ledger user fund theft incident. The losses from this incident have approached $90 million, and some affected users have contacted MistTrack for assistance, with the team currently following up. Previously, Ledger stated it was investigating the theft of user funds related to Southeast Asian distributor CryptoBillis.

Odaily News: According to MSX.COM data, US mega-cap cloud providers saw their stock prices rise collectively. Alphabet Class A shares rose 1% to $351.745 per share, with a total market capitalization of $4.30 trillion. Microsoft shares rose 2% to $533.060 per share, with a total market capitalization of $3.96 trillion. Amazon shares rose 2.42% to $260.210 per share, with a total market capitalization of $2.81 trillion. Oracle shares rose 5.37% to $142.455 per share, with a total market capitalization of $431.9 billion.

Odaily News: GMGN founder Haze has announced the launch of the first season of the "GMGN Global Championship," inviting users to compete in a 10-day live Memecoin trading competition on the GMGN platform, with the final six traders selected to travel to London for the grand final.The qualifiers will run from October 17 to 27 (UTC). Participants must use their own funds (up to $2,000), create a Solana wallet and an EVM wallet to participate, and will be ranked based on realized profit and loss. A real-time leaderboard will be available throughout the competition, and all trades will be recorded on-chain. GMGN stated that daily winners will receive a platinum GMGN nameplate, with the organizer covering flights, hotels, and visa costs for the London grand final, and the ultimate champion will win a limited-edition Aston Martin Vantage.