Odaily News: Bitcoin life insurance company Meanwhile has announced the completion of a $37.5 million funding round led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, among others. The company's cumulative funding has now exceeded $180 million.

Meanwhile is headquartered in Bermuda and is licensed to conduct insurance business entirely in Bitcoin. The company stated that an unstable macroeconomic environment has driven increased demand for Bitcoin life insurance policies in markets across Asia, Europe, and the Middle East.

In early 2026, Meanwhile launched BTC Life 1-Pay, a single-premium whole life insurance product, for high-net-worth clients outside the United States, following the earlier launch of BTC 10-Pay for U.S. taxpayers. Policies can be held by individuals, trusts, or corporations for inheritance and estate planning purposes. (Cointelegraph)

Odaily reports that the State Tax Inspectorate of Lithuania has updated the user reporting procedures for crypto asset service providers. Through Order No. VA-63, it has clarified the reporting scope and operational standards, aligning the country's rules with the EU's DAC8 and the OECD's Crypto-Asset Reporting Framework (CARF).

The new rules require regulated crypto asset service providers and local crypto operators to enhance customer due diligence, collect user identity, transaction records, and tax residency information, and maintain records of customer identification numbers, transaction logs, and account balances. Entities that have already completed registration and reporting obligations in other EU member states may be exempt from duplicate reporting in Lithuania.

Full operational reporting across the EU will begin on January 1, 2026, with data collected by platforms in 2026 to be automatically exchanged among member state tax authorities starting mid-2027. The new rules do not change Lithuania's virtual asset capital gains tax rate, but relevant institutions will need to update their client onboarding processes and back-end systems.

Starting March 2, certain transactions involving electronic money tokens (EMTs) will require additional payment service authorization, including transferring EMTs on behalf of clients and operating custodial wallets that support third-party transfers; exchanges between EMTs and exchanges between EMTs and fiat currency are not automatically classified as payment services. (Bitcoin.com News)

According to Lookonchain monitoring, over the past 3 days, two newly created wallets withdrew 280.75 million Lobster tokens from exchanges, worth $12.21 million, accounting for 28.08% of the total supply.

Odaily reports that according to Lookonchain monitoring, two addresses went long on 7.2 million SYN on Aster DEX, worth $1.34 million, with a current unrealized profit of $450,000 and a peak return of 116%.

Odaily News: Bitdeer stated that as of October 9, it produced 300.6 BTC this week and sold all of them, with a net increase of 0. Its current Bitcoin holdings are 0, excluding customer deposits.

Odaily reports: Data from the Shanghai Stock Exchange shows that in September, 1.9119 million new A-share accounts were opened, of which 1.8997 million were new individual investor accounts and 12,200 were new institutional accounts. The number of new individual accounts fell below 2 million for the first time this year, while new institutional accounts remained above 10,000, higher than in January, February, April, and May.

Looking at the monthly trend, this year's new account data has shown a pattern of "a high start, a pullback, another surge, a pullback, stabilization, and cooling." In January, 4.9158 million new accounts were opened at the market's peak, the highest level of the year; in February, it fell seasonally to 2.523 million; in March, it rebounded to 4.6014 million. From April to August, new account numbers then fluctuated around 2.6 million, at 2.4913 million, 2.7653 million, 2.8646 million, 2.6554 million, and 2.3973 million, respectively. In September, it hit a monthly low for the year, falling below 2 million for the first time.

Although September's monthly new account openings hit a new low for the year, A-share new account openings in the first three quarters reached 27.1259 million, nearly matching the full-year 2025 figure of 27.4369 million. The drop in A-share new account openings in September may be related to a temporary weakening of the wealth effect in the A-share market. (Securities Times)

Odaily News: LONG, an RWA liquidity and token issuance platform on Robinhood Chain, announced that its protocol extension layer LONGX has launched an actively managed basket product that packages multiple long/short leveraged positions into a one-click tradable spot ERC20 token, with the community holding economic rights and participating in management.

The first basket, AI Nexus, has gone live on LONG. Its strategy includes going long on AI-related assets such as NVDA, AI, and OPENAI, while hedging tech sector risk by shorting QQQ. According to the accompanying graphic, long leverage is approximately 1x to 3x, and short leverage is 2x, powered by Lighter. Additionally, LONGX plans to launch a community management model next week, where AI holders will decide the composition of basket assets.

Odaily reports that the Hyperliquid network is scheduled to upgrade around 16:15 Beijing Time today (8:15 UTC), with an expected downtime of approximately 10 minutes.

Odaily News: As of October 7, Hyperliquid's cumulative protocol revenue has exceeded $1.4 billion, of which native perpetual contract revenue accounts for $1.2 billion, or 88.7%; spot revenue accounts for $50.1 million, or 3.6%; HIP-3 perpetual contract revenue accounts for $29.2 million, or 2.1%; the remaining revenue comes from auctions, USDC reserve yield, HyperEVM Gas, and others. More than $1.26 billion has been used to buy back HYPE.

1. Bitcoin spot ETFs saw a total net inflow of $21.1281 million yesterday, with BlackRock's IBIT leading at $22.38 million in net inflows;

2. Ethereum spot ETFs saw a total net outflow of $56.1001 million yesterday, marking 9 consecutive days of net outflows;

3. Robinhood Chain's average daily transactions dropped 42%, with spot trading volume falling to $7.45 billion;

4. Analysis: Ethereum still holds reserve asset value, with 36% of its supply already staked;

5. Trump: Oil shipments through the Strait of Hormuz have surpassed pre-Iran war levels, urges US oil companies to lower prices;

6. Former FTX COO criticizes Netflix's new show "The Altruists" for inaccuracies, turning the FTX scandal into a love story;

7. Pump.fun is developing perpetual contract trading functionality powered by Hyperliquid;

8. Franklin Templeton, with $1.79 trillion in assets under management, explores regulatory exemption for tokenized fund trading;

9. Ending with a loss of $907,000, Binance futures smart money trader "Single Wife" who once had $2.19 million in unrealized gains exits holding 18.29 million Lobster tokens;

10. The US National Credit Union Administration plans to add 26 new stablecoin reporting fields;

11. An 11-year-old vulnerability has been fixed — the XRP Ledger previously had a payment system flaw that could generate XRP out of thin air.

Odaily News — Blockworks analyst Jake Koch-Gallup published a piece rebutting the view that Ethereum is losing its liquidity moat, arguing that although ETH's value capture capability and stablecoin market share face challenges, its reserve asset properties, Layer 2 ecosystem, and institutional adoption still constitute long-term competitive advantages.

Jake pointed out that ETH's valuation depends not only on real economic value (REV), but also includes reserve asset and collateral premiums, with its current market cap at approximately 1,100 times its REV over the past 12 months. Ethereum still accounts for roughly 65% of DeFi's total value locked and about 45% of on-chain RWA management scale. Spot ETFs and corporate treasuries collectively hold approximately 13% of ETH's supply, while another roughly 36% of the supply is in staking.

Additionally, he believes that the development of Layer 2 networks such as Base and Robinhood Chain still helps strengthen the Ethereum ecosystem, and the overall expansion of the stablecoin market may also offset the impact of declining share. However, he acknowledged that without sufficient revenue and value回流 mechanisms, relying solely on reserve asset premiums to support ETH's valuation still faces sustainability debates.

Odaily News: According to on-chain analyst Aunt Ai's monitoring, a whale that began accumulating $11.6 million worth of UNI, Litecoin, and BNB starting September 23 appears to be liquidating its BNB. The whale deposited 2,380 BNB worth $1.85 million to Binance within 20 minutes, which would result in a loss of $73,000 if sold; it holds 1,014,020 UNI worth $8.91 million, with an average withdrawal price of $8.79, currently showing an unrealized loss of $1.409 million; it holds 12,397 Litecoin worth $841,000, with an average withdrawal price of $67.86, currently showing an unrealized loss of $54,000. The three altcoins have accumulated a total loss of $1.536 million.

Odaily reports: Robinhood Chain recorded an average of 6.2 million daily transactions between October 2 and 8, a 42% decrease from mid-September; daily active addresses fell 31%.

Robinhood Chain's weekly spot trading volume dropped 21% to $7.45 billion, but deposits remain above $1 billion, while perpetual contract trading volume rose 26%.

Robinhood will continue to cover network fees for token swaps exceeding 50 cents through December 31 in an effort to boost network activity. (CoinDesk)

Odaily News: According to SoSoValue data, yesterday (US Eastern Time, October 9), Ethereum spot ETFs recorded a total net outflow of $56,100,100.

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF ETHA, with a single-day net outflow of $56,100,100. ETHA's historical total net inflow currently stands at $12.793 billion.

As of press time, the total net asset value of Ethereum spot ETFs is $15.710 billion, with the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reaching 5.18%, and cumulative historical net inflows totaling $13.260 billion.

Odaily News: According to SoSoValue data, yesterday (October 9, US Eastern Time), Bitcoin spot ETFs recorded a total net inflow of $21,128,100.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF IBIT, with a single-day net inflow of $22,380,000. IBIT's total historical net inflow now stands at $65.733 billion.

Next was VanEck ETF HODL, with a single-day net inflow of $2,328,600. HODL's total historical net inflow now stands at $1.009 billion.

The Bitcoin spot ETF with the highest single-day net outflow yesterday was Fidelity ETF FBTC, with a single-day net outflow of $3,580,500. FBTC's total historical net inflow now stands at $10.515 billion.

As of press time, the total net asset value of Bitcoin spot ETFs is $105.844 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.38%. Cumulative historical net inflows have reached $57.107 billion.

Odaily: XRP Ledger recently fixed a payment system vulnerability that may date back to 2015. The vulnerability could have allowed attackers to bypass the system's calculation limits on token exchange amounts through specially crafted payment transactions, generating and spending large amounts of XRP out of thin air, thereby undermining the mechanism capping XRP's total supply at 100 billion tokens. An attacker could create hundreds of accounts, have these accounts place offers to exchange small amounts of tokens for massive amounts of XRP, and then settle them all simultaneously through a single payment. Due to a flaw in the software's calculation of the total transaction amount, the seller accounts could receive the full amount of XRP while the buyer accounts would barely need to pay the corresponding amount. Researchers Cayden Liao and Veria AI reported the vulnerability on September 22, and RippleX subsequently reproduced the attack and confirmed that the generated XRP could be used in subsequent transactions. RippleX stated that there is currently no evidence that the vulnerability was ever exploited on any public network. The development team released xrpld version 3.4.1 on September 25 to fix the vulnerability.