Crypto Pulse: Exchanges Grow, Scams Explode & Altcoins Riding Heat
1. BTCC Triples in Size Amid Expansion
At TOKEN2049 Singapore, BTCC announced plans to triple its global workforce — aiming for 3,500 employees in six months as it evolves from exchange to full Web3 platform.
2. KuCoin Pushes “Trust as Core” Message
CEO BC Wong highlighted “trust” as the centerpiece of KuCoin’s brand strategy, signaling reliability as a differentiator in a volatile market.
3. ASTER’s Volatile Rise and Fall
ASTER spiked from ~$1.30 to ~$2.40 before sliding ~26%. The move reflects classic hype-driven altcoin volatility.
4. Scams on the Rise
A verified Instagram account was hijacked to promote a fake “WLFI token” — another reminder of growing scam risks as crypto gains attention.
Takeaway
October starts with a mix of growth, hype, and danger. Exchanges are scaling, trust messaging is front and center, altcoins keep proving volatile, and scams continue to exploit new channels. Today’s market shows both expansion and fragility.
