KiQabeela

One of the most crypto-active countries in the world is about to get its own spot crypto funds. Thailand's securities regulator issued rules that take effect on October 16, per CoinDesk.
📌 The news
Thai asset managers will be able to list bitcoin and $ETH ETFs on the Stock Exchange of Thailand. Those two are the only eligible assets at the start. Each fund must track a single coin, with at least 80% of its net asset value exposed to it.
🔍 Why it matters
• Until now, only institutional and wealthy investors could buy foreign crypto ETFs
• Thailand reportedly has about 20% of its population using crypto, among the highest shares anywhere
• Local funds bring crypto into ordinary brokerage accounts and regulated wrappers
📊 The numbers
• Rules effective October 16
• Minimum 80% exposure to the tracked coin
• Two assets eligible at launch: BTC and ETH
• Crypto holdings must sit with custodians regulated by the Thai SEC
⚖️ Guardrails worth noting
• Buyers must confirm they understand the risks before investing
• Brokers cannot lend clients money to buy these products
• Indirect access to foreign crypto ETFs for retail, such as depositary receipts, is not allowed in this first phase
• Mutual funds and private funds may buy these ETFs, but only within their existing investment limits
• Managers may outsource the crypto side to licensed digital-asset fund managers
👀 What to watch next
• Which asset managers file first, and the fees they charge
• Whether early flows lean toward ether or bitcoin, which would show where local demand sits
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💡 My take: In my view the strict guardrails are a feature here. A slower, regulated rollout in a country with this many users can build durable demand, even if the first-month numbers look modest.
💬 Would you rather hold crypto through an ETF or directly in your own wallet?
#Thailand #ETF #Ethereum

Quantum risk went from a distant theory to a market mover this week. Zcash, the coin that fell hardest on Thursday, is now one of the first to put a near-term date on a fix, per CoinDesk.
📌 The news
Roman Akhtariev wrote in an engineering post for Zakura, a program used to run the Zcash network, that post-quantum signature opcodes are planned to land in January. No activation date for the network has been set yet. $ZEC closed Thursday near $1,185, down about 11% for the week.
🔍 Why it matters
• Justin Drake's call for holders to prepare for "bunker mode" warned that AI could find a shortcut in "months, not years" in the worst case
• Coinbase cryptographer Yehuda Lindell pushed back, saying there is no evidence the elliptic-curve math behind bitcoin and ether has been broken
• No practical attack on wallet keys has been demonstrated so far
📊 The numbers
• About 70% of issued ZEC sits in transparent addresses, the part the January plan covers
• ZEC trades near $1,225 today, per CoinGecko, down about 7% over seven days
• Ethereum's quantum migration target is December 2029
⚖️ Bull vs bear case
Bull: a privacy coin that also leads on quantum safety has a stronger story for long-term holders.
Bear: shielded funds still need separate work, and the coin's own design notes warn that encrypted records could be stored now and attacked later.
👀 What to watch next
• A network activation date and audits of the new signature code
• Whether other chains follow with their own timelines
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💡 My take: In my opinion the fear moved faster than the facts this week. Still, Zcash turning a scare into a dated plan is the right response, and I would judge it by the activation date, not the announcement.
💬 Does quantum risk affect which coins you are willing to hold long term?
#Zcash #Quantum #Privacy

A hardware wallet is supposed to be the safest place to keep crypto. This week's Ledger investigation is a reminder that the safety starts with where the device comes from, per CoinDesk and CryptoSlate.
📌 The news
Ledger is investigating reports that wallets bought through CryptoBilis, a Southeast Asian reseller, were drained. A pseudonymous investigator claims more than $86 million was taken from hundreds of wallets, and CryptoSlate puts the estimate near $90 million. Ledger has asked the reseller to halt all sales and shipments.
🔍 Why it matters
• Suspected theft addresses span Bitcoin, Ethereum and TRON
• Tether has moved to freeze stolen $USDT linked to the case, per CryptoSlate
• There is no confirmed evidence that Ledger's own systems or wallet technology were compromised
📊 The numbers
• Over $86 million claimed stolen, not yet independently confirmed
• Ledger says it has sold more than 7 million devices since 2014
• Per DefiLlama data cited by CoinDesk, 2026 has already seen several nine-figure losses, including about $350 million at Bitget last month
⚖️ What Ledger told users
• If you bought from this reseller in the past 90 days, do not set up the device
• If you already activated one, consider moving funds to a new Ledger with a freshly generated recovery phrase
👀 What to watch next
• Whether Ledger confirms a supply-chain attack, meaning devices were tampered with before delivery
• How much of the stolen stablecoin Tether manages to freeze
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💡 My take: In my view the real lesson is about the recovery phrase. A device that arrives with a phrase already filled in, or from a seller you cannot verify, should be treated as compromised, no matter what brand is printed on the box.
💬 Where did you buy your hardware wallet, and did you check it on arrival?
#Ledger #SelfCustody #Security

Robinhood Chain had one of the fastest starts of any new network this year. The latest weekly data shows that momentum fading on almost every metric, per CoinDesk.
📌 The news
Daily transactions averaged 6.2 million between October 2 and 8, down 42% from 10.8 million in mid-September. The chain runs on Arbitrum technology, which ties its activity to the wider $ARB ecosystem.
🔍 Why it matters
• It is a live test of whether a brokerage can pull its users onchain and keep them there
• Fees have dropped hard: about $65,000 a day last week, against $8 million on its busiest day in early September
• Robinhood keeps roughly nine tenths of network fees, per a Bernstein note, so this is real revenue at stake
📊 The numbers
• Active addresses: about 322,000 a day, down 31% from mid-September
• Spot volume: $7.45 billion for the week, down 21%, with Uniswap handling about 77%
• Perpetual futures volume: about $7.35 billion, up 26%
• Deposits in lending and trading apps: about $1.04 billion, up around 2%
⚖️ Bull vs bear case
Bull: deposits and perps are still growing, which suggests a core of committed users, and Robinhood is paying swap fees over $0.50 through December 31.
Bear: activity that depends on subsidies and reward points can fade once those end, and spot trading is already cooling.
👀 What to watch next
• Whether transactions stabilise above 6 million a day, or keep sliding week after week
• The decision on paid transaction priority, which CoinDesk reports is under review
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💡 My take: In my opinion a cooldown after a launch spike is normal. The stat I would watch is deposits, because users who park money onchain tend to stay longer than users who come for points.
💬 Is a 40% drop after launch hype a warning sign or just normal settling?
#RobinhoodChain #Arbitrum #Layer2

فتحت أكبر منصة تداول في كوريا الجنوبية أبوابها للتو أمام Kaia، وتفاعل الرمز كما تفعل الرموز عادةً عند إدراجها: شمعة صاعدة عمودية وحادة. لكن السؤال الأصعب هو ما الذي سيحدث بعد انتهاء الموجة الأولى من المشترين.
📌 الخبر
أتاحت Upbit $KAIA التداول مقابل الوون الكوري والبيتكوين وUSDT عند الساعة 18:30 بتوقيت كوريا في 9 أكتوبر. وأفادت CoinDesk بأن سعر الرمز ارتفع بنحو 40% بعد الإدراج، فيما تُظهر CoinGecko اليوم مكاسب تقارب 54% خلال 24 ساعة، مع اقتراب سعر KAIA من 0.058 دولار.
🔍 لماذا يهمّ الأمر
• تستحوذ المنصات الكورية على حصة كبيرة من تداول الأفراد، لذا فإن إدراج Upbit يوسّع نطاق الوصول بشكل كبير

لسنوات، قدّمت Starknet نفسها على أنها إحدى شبكات التوسّع الرئيسية لإيثيريوم. والآن، يقول مطوّروها إنهم يدرسون بجدية التحوّل إلى شبكة طبقة أولى مستقلة، وقد تفاعل الرمز بسرعة، بحسب Decrypt وCoinDesk.
📌 الخبر
يقول إلي بن ساسون، الرئيس التنفيذي لشركة StarkWare، إن الشبكة المستقلة ستتيح لـStarknet التحكم في ترقيات الأمان الخاصة بها بدلاً من انتظار إيثيريوم. والهدف المعلن هو أن تصبح أول شبكة مقاومة بالكامل للحوسبة الكمومية بحلول عام 2027. $STRK ارتفع سعر الرمز نحو 20% خلال 24 ساعة ليقترب من $0.073، أي أكثر من ضعف سعره البالغ نحو $0.03 في أبريل.