Key Market Information Discrepancy on October 23rd, a Must-See! | Alpha Morning Report

Top News

1. Polymarket Plans to Raise Funds at a Valuation of $12-15 Billion

2. Crypto Giants Gather at Capitol Hill, Market Structure Regulation Takes Center Stage

3. Former First Lady Melania Trump Implicated in Fraud Lawsuit Over Endorsing Meme Coin MELANIA for Alleged Pump and Dump

4. ENA Sees Brief 10% Price Plunge, Liquidates Associated Address on Hyperliquid Linked to Andrew Kang

5. Kraken Reports $648 Million in Q3 Revenue, a 114% Year-over-Year Growth

Articles & Threads

1. "120,000 Bitcoins Seized? In-Depth Analysis of the Regulatory Dilemma Behind the 'Prince Group' Case"

Amid tightening global cryptocurrency regulations, a cross-border "online pursuit" spanning Cambodia and the US/UK has captured everyone's attention. In October 2025, the US Department of the Treasury and the Department of Justice joined forces to launch the largest-ever cryptocurrency enforcement operation against the Cambodian Prince Group, freezing up to 120,000 bitcoins.

2. "From Liquidation Storms to Cloud Outages: Cryptocurrency Infrastructure's Crisis Moments"

Amazon Web Services (AWS) faced another major outage, severely impacting cryptocurrency infrastructure. The AWS issue in the US East Region (Northern Virginia data center) resulted in outages for Coinbase and dozens of other major crypto platforms including Robinhood, Infura, Base, and Solana. AWS has acknowledged "increased error rates" affecting Amazon DynamoDB and EC2, core databases and computing services relied upon by thousands of companies. This outage provides immediate and stark validation for this article's central argument: cryptocurrency infrastructure's reliance on centralized cloud service providers has created systemic vulnerabilities that repeatedly manifest under stress.

Market Data

Daily Market Overall Funding Heatmap (as reflected by Funding Rate) and Token Unlocks

Data Source: Coinglass, TokenUnlocks

Funding Rate

Token Unlocks