Odaily Report: While former White House crypto adviser Bo Hines was pushing the GENIUS Act, Nxum, a consulting firm he co-founded and held equity in, established a business relationship with Tether. Tether paid Nxum more than $6 million, which was distributed among three partners. Although Hines withdrew from day-to-day operations, he still discussed the bill with partners via Signal during his tenure. After the bill was signed into law in July 2025, Hines departed in August and was appointed in September as CEO of Tether's U.S. stablecoin business, with the related dealings raising questions of potential conflicts of interest.
Odaily reports, according to Gate data, gold (XAUUSD) briefly rebounded to $4,150/oz, currently at $4,153.62/oz, with a 24-hour decline of 0.2%.
Odaily reports, according to Hyperbot data, Machi Big Brother was completely liquidated 25 minutes ago, but quickly returned to open another 25x leveraged Ethereum long position. The position currently holds 290 ETH, valued at approximately $688,000, with a current liquidation price of $2,324.
Odaily News: Bithumb will list Acculast (ACU), supporting the Korean won trading pair.
Odaily reports: According to on-chain analyst Yu Jin's monitoring, as ETH fell below $2,400, a whale/institution holding $352 million in long positions has its 79,260 ETH long position just $60 away from the liquidation price, with the liquidation price at $2,290 to $2,301. Its 1,140 BTC long position has a liquidation price of $72,268 to $74,449, and the overall position is currently sitting on an unrealized loss of $18.87 million.
Odaily reports that Brian Armstrong posted on X platform stating that users can have Agents directly provide feedback on their usage through the Coinbase API, and follow Coinbase's skill.md steps to initiate any financial transaction; if they encounter any issues, they can have the Agent report the required features.
Odaily News: According to Onchain Lens monitoring, Wintermute (0xecb6...2b00) currently holds $87.34 million in open positions on Hyperliquid, of which short positions amount to $75.45 million, accounting for 86.4%; long positions amount to $11.89 million, accounting for 13.6%. Its unrealized profit is $3.97 million, with cumulative profit reaching $209.79 million. Its largest short positions include $18.33 million in ETH shorts, $12.07 million in SOL shorts, and $10.72 million in S&P 500 shorts.
Odaily reports that Bitcoin declined over the past hour, briefly dropping to $80,230 before rebounding. As a result, according to Coinglass data, $485 million was liquidated across the network in the past hour, including $464 million in long liquidations. In addition, ETH liquidations reached $200 million, while BTC liquidations totaled $116 million.
Odaily News: "Machi Big Brother" Huang Licheng has been completely liquidated. Over the past 4 months, he grew $56,000 to $12.25 million through trading, and has now fallen back to $21,800.
Odaily reports that according to a recent AlphaWire report, Gate Executive Director Edwin Cheung said in an interview during TOKEN2049 Singapore that in the near future, payment services will become an important growth direction for Gate, serving individual and corporate users who have daily fund collection and payment needs rather than focusing solely on cryptocurrency trading. On October 7, Gate officially launched Gate Money, allowing users to open a global e-banking account in their own name through the Gate App and, as services gradually become available, receive payments in more than 60 local currencies, further connecting digital assets with everyday financial scenarios.
Edwin Cheung pointed out that stablecoins can reduce the number of correspondent banks involved in cross-border transfers and improve the transparency of fund flows. In the future, stablecoins are expected to coexist long-term with traditional bank transfers, instant payments, and QR code payments, and to play a greater role in cross-currency payments as related services develop in markets such as Europe, Asia, and the Middle East. By integrating fiat currency, digital assets, stocks, ETFs, and gold, Gate Money is committed to providing users with more convenient integrated financial services.
Regarding institutional business and security development, Edwin Cheung said institutional investors remain highly focused on liquidity and counterparty risk. Through the OES off-exchange settlement solution, Gate allows institutional clients' assets to remain with third-party custodians while still using Gate's liquidity and various trading services, and enhances asset transparency through proof of reserves. He emphasized that whether in institutional business or payment business, user trust is crucial, and Gate's compliance qualifications, comprehensive risk control system, and close cooperation with regulators in various markets are key to driving sustained business development.
Odaily reports: According to official sources, OKX "Prophet Season 3" has officially launched, with a total prize pool of $250,000. This season focuses on earnings season hotspots, featuring a season main leaderboard, regular weekly competitions, and earnings season independent weekly leaderboards. Users can earn free XP by completing tasks, participate in predictions on real-world events such as earnings season, and share rewards based on their activity rankings.
It is reported that users can earn XP through Planet interactions, inviting friends, and designated ExchangeOS trading tasks. No registration is required for the event, and eligible users can participate through the "Planet" - "Outcomes" section in the OKX App.
Odaily reports that Bonk Guy posted on X platform stating that the Robinhood Chain ecosystem still has potential for further development after experiencing a rare on-chain 70% to 90% correction, and that Robinhood is currently soliciting feedback from ecosystem participants and signaling active support for ecosystem development and the launch of more projects. Additionally, market rumors suggest that Robinhood may establish an ecosystem fund exceeding $100 million, but this has not yet been confirmed.
Bonk Guy believes that even if the fund size falls short of $100 million, when combined with Robinhood's continued support, project launches, and community engagement, it could still significantly drive ecosystem growth. Many investors missed the previous two rallies of the Robinhood Chain ecosystem, and may no longer stand on the sidelines in the next market cycle. Unless the market never sees another bull run, it is difficult to understand certain bearish logic within the community.
Odaily reports that trader Qwerty posted on X platform that they will temporarily leave crypto trading and social activities, and has emptied all public wallets.
They stated that they gradually felt like they were playing the role of "Qwerty," even losing their true self during trading, and therefore decided to temporarily step away and cease public activities for the foreseeable future.
Odaily News: Sentient Foundation has announced the launch of the open evaluation benchmark Fingerprinting Leaderboard and the open-source toolkit mlprints, designed to evaluate AI model fingerprinting techniques and their robustness against adversarial attacks.
Previously, research published by Sentient Labs at SaTML 2026 showed that ten existing model fingerprinting techniques, including its Perinucleus method, could all potentially be bypassed when facing complex adaptive attacks. The benchmark aims to verify the embedding effectiveness and removal resistance of model fingerprints through open testing, helping developers retain proof of ownership while opening up model weights.
In the future, the benchmark aims to deeply bind model fingerprints to the model's own capabilities, such that any attempt to remove the fingerprint would simultaneously degrade the model's own capabilities.


