SoSo Daily Oct. 14 | NFT Artist DeeKay: Identity of the Thief Confirmed, Funds Will Be Recovered

According to sosovalue, the price of $BTC is 63,942 USD, an increase of 1.73% from yesterday. The market cap of $BTC is 1.26 trillion USD, accounting for 54.2% of the total market cap; $BTC's 24-hour trading volume is 22.56 billion USD, making up 29.7% of the total trading volume.
The price of $ETH is 2,530.8 USD, up 2.7% from yesterday; the market cap of $ETH is 304.67 billion USD, representing 13.1% of the total market cap; $ETH's 24-hour trading volume is 10.96 billion USD, comprising 14.4% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.3% of the total cryptocurrency market cap, and their combined trading volumes constitute 44.1% of the total trading volume.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 05:55 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is CARV. As of 05:55 today, its market cap is 0E-8, with a coin price of 1.2580 USD, witnessing a 24-hour increase of 71.3%.
The second is Moonwell. As of 05:55 today, its market cap is 153.45M, with a coin price of 0.053760 USD, witnessing a 24-hour increase of 30.3%.
The third is GME. As of 05:55 today, its market cap is 33.87M, with a coin price of 0.0049200 USD, showing a 24-hour increase of 29.8%.
In fourth place is Epik Prime. As of 05:55 today, its market cap is 38.86M, its coin price is 0.036900 USD, with a 24-hour rise of 26%.
In fifth place is BOOK OF MEME. As of 05:55 today, its market cap is 608.51M, its coin price is 0.0088190 USD, increasing by 25.4% over the last 24 hours.


Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, 14 are up and 2 are down. Notably, $ETH is worth mentioning.
$ETH sector has risen 2.73% relative to the UTC 0 time, led by gains in $eth which is up 2.73%.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:NFT artist DeeKay has provided an update regarding the "wallet theft," stating that he has identified the perpetrator and will be able to recover the funds. DeeKay did not specify who stole his funds, but mentioned that it was someone very close to him. The thief had access to a piece of paper where DeeKay had recorded his seed phrase, so this theft did not involve hacking through Google Drive, malware, or similar means. Previously, DeeKay announced last week that all his wallets had been stolen and that all his savings earned as a Web3 artist were lost.
Next news:According to SoSoValue data, last week (from October 7 to October 11, Eastern Time), Bitcoin spot ETFs saw a net inflow of 308 million USD. Among them, Grayscale ETF GBTC had a net outflow of 50.02 million USD. The Bitcoin spot ETF with the highest net inflow last week was BlackRock ETF IBIT, with a weekly net inflow of 140 million USD. Following that was Fidelity Bitcoin ETF FBTC, with a weekly net inflow of 138 million USD.
Next news:The Ethena community has initiated a proposal to include SOL as collateral for USDe. The proposal includes incorporating SOL into the collateral assets for USDe, and adding BNSOL (Binance Liquid Staked SOL) and bbSOL (Bybit Liquid Staked SOL) as additional supporting assets for USDe.
Next news:Monochrome Asset Management is preparing to launch Australia's first Ethereum spot ETF on Cboe. This fund positions itself as the world's first fund to offer the physical subscription and redemption of Ethereum, aiming to improve tax efficiency and prevent capital gains tax events. The Monochrome Ethereum ETF (IETH) will start trading on Monday.
Next news:According to monitoring by PeckShield, a certain address was attacked and signed phishing signatures, resulting in a loss of 1.28 million USD in tokens, including 108 million PEPE, 73.80 million APU, and 165 thousand MSTR. The scammer is related to the scammer who stole 32 million USD in spWETH from a suspected Godfish address two weeks ago.
Next news:The Financial Services Commission of South Korea plans to establish a Virtual Assets Committee this month and hold its inaugural meeting. The agency will operate under the jurisdiction of the Financial Services Commission (FSC) of South Korea. Analysts suggest that its establishment will help "accelerate discussions on approving issues such as Bitcoin and Ethereum spot ETFs." Industry insiders revealed that the committee will also discuss the issue of "allowing companies to invest in virtual assets."
Next news:The Google search volume for the term "Bitcoin" reached its lowest point of the year last week, with global interest in this search term dropping to just 33 points by the end of the week. Meanwhile, the search volume for "Memecoin" was 77, but it still failed to break through the historical high of 100 points set at the end of October 2023.
Next news:The Grass Foundation stated that the final query page for Airdrop One will be launched on October 21. The claim will not open simultaneously; this is just a checker.
Next news:Galaxy Digital OTC deposited 7,000 $ETH into a CEX within 2 hours, worth approximately $17.48 million. Currently, the address still holds 6,886 $ETH, valued at around $17.30 million.
Next news:Galaxy Digital's associated wallet transferred 57 $BTC from Binance 2 hours ago, worth approximately $3.56 million. The wallet has accumulated a total of 500 $BTC (approximately $31.38 million) within a week and currently holds 3,912 $BTC (approximately $244 million).

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.