PANews reported on October 11th that, according to Ukrainian media outlet RBC-Ukraine, a 32-year-old man was found dead inside a Lamborghini luxury car in the Obolon district of Kyiv on October 11th with a gunshot wound to the head and a weapon registered to him lying next to him. Police arrived at the scene and began investigating, initially labeling the death a suicide. The deceased was reportedly Konstantin Galich, better known as Kostya Kudo, a well-known cryptocurrency blogger and entrepreneur. Family and friends revealed that he had been depressed due to financial difficulties before the incident and had written a farewell letter. Although police did not release the deceased's name, his identity was quickly confirmed online. Shortly thereafter, Kudo's Telegram channel posted a message confirming his death, stating that the cause of death is under investigation and further information will be provided. Konstantin Galich was the CEO of Cryptology and a longtime consultant and educator in the financial and cryptocurrency fields.

Earlier this morning, news broke that the crypto market saw over $19 billion in contracts liquidated within 24 hours.