Tuesday, October 13: Korea blocks 27 exchanges. Chip fears hit Seoul. Kazakhstan sells gold.

The Triple Tape — Tuesday, October 13, 2026. Morning cross-asset open: stocks, crypto, and metals.

Takeaway: South Korea blocks 27 unregistered crypto exchange sites; China memory-chip fears sink the KOSPI 5.5% and Nasdaq futures; Kazakhstan's central bank flips from gold buyer to seller — bank earnings kick off before the open, CPI Wednesday.

Crypto

• South Korea's FIU blocks 27 unregistered exchange websites incl. KuCoin, MEXC, Phemex, Bitrue, BingX, BitMart; withdrawal help via DAXA
• Blur NFT marketplace to close its website Nov. 12; Blend halts new loans; BLUR down 20%+
• Ledger/CryptoBilis: up to ~$93M traced; Tether freezes $10M
• Standard Chartered launches RLUSD custody in Dubai; LMAX collateral link planned
• SWI Group raises ~$894M to convert ex-FTX-backed miner Genesis Digital to AI data centers
• Tape: STRK −17.2%, ZRO −15.1%, PUMP −13.2% (BTC ~$83,400, ETH ~$2,510)

Stocks

• Memory-chip selloff: China's CXMT server DDR5 plans + Broadcom CEO's AI-capital warning; KOSPI −5.46%, Samsung −7.4%, SK hynix −10.1%
• Six Flags guest death on Goliath coaster at Six Flags Over Georgia; similar rides closed
• Visa wins PBOC approval to prepare a domestic card-clearing business in China
• Bumble in advanced talks to go private with Ithaca Holdings at ~$1B (Reuters)
• Anthropic reportedly has a multiyear cloud deal with IREN (The Information; unconfirmed)
• Before the bell: JPMorgan (~7 a.m. ET), Wells Fargo, Citigroup, Goldman Sachs, J&J, UnitedHealth, Domino's
• Tape (premarket vs Mon close): FUN −7.7%, WDC −3.9%, STX −3.5%; Nasdaq 100 futures −0.5%, Dow futures +0.5%

Metals

• Kazakhstan's central bank turns gold seller: ~386 t, cutting gold to 75% of reserves by year-end (Bloomberg)
• Centinela (Antofagasta) strike talks resume today under voluntary mediation; El Teniente partly suspended after fatal avalanche
• Bank of America: gold to average $4,000 in Q4; warns central banks could turn sellers
• Tape (COMEX): platinum +1.1%, palladium +0.6%, gold +0.5%

Calendar (ET)

NFIB 6:00 a.m.; bank earnings before the open (JPM call 8:30); existing home sales 10:00 a.m.; Fed's Barkin and Collins speak; Waller spoke overnight in New Delhi. Wed: CPI / core CPI 8:30 a.m.; Beige Book 2:00 p.m.

Episode site: https://rss.com/podcasts/the-triple-tape. AI voice: xAI lumen.