Odaily News: Bloomberg ETF analyst Eric Balchunas posted on X platform that Defiance CEO and ASD issuer Matt Bielski said Yamo Pharma's L1-79 "changed lives," as his 4-year-old son Lev has severe autism. L1-79 is currently in Phase 2 clinical trials and is poised to become the first FDA-approved autism treatment; approximately 1 in every 31 children in the United States is diagnosed with autism, including Bielski's youngest son.

Odaily reports: Nasdaq-listed company Cipher Digital plans to raise funds for its Barber Lake project and high-performance computing (HPC) data center business expansion through the issuance of $850 million in zero-coupon convertible bonds.

Cipher Digital stated that the private placement could be expanded to up to $1 billion, with an additional $150 million in bonds to be issued if the initial purchasers exercise their option to purchase additional notes. Meanwhile, the company plans to convert some of its 1.75% convertible bonds due in 2030 into common stock.

The company had previously adjusted the planning for its Barber Lake data center project in Colorado City, Texas, signing agreements with Fluidstack and an undisclosed AI lab to extend the project contract term from 10 years to 20 years, with expected contract revenue increasing from $3.8 billion to over $9 billion. (Theenergymag)

According to Onchain Lens monitoring, a BlackRock ETF-linked wallet transferred $203 million worth of Bitcoin and Ethereum to Coinbase Prime in the past hour, including 860.393 BTC valued at $71.54 million and 52,488 ETH valued at $131 million.

Odaily reports that the US ADP employment weekly change for the week ending September 26 was 24,750, compared to the previous value of 23,750. (Jinshi)

Odaily News: If Democrats win a majority in the House or Senate in the U.S. midterm elections, while it may not necessarily prevent the Trump administration from advancing deregulatory policies for Wall Street banks, prediction markets, and the crypto industry, it would gain stronger investigative and oversight tools.

If Democrats control either chamber of Congress, they would have subpoena power, larger investigative teams, and the authority to compel government officials and corporate executives to appear at hearings. Wall Street financial institutions, crypto companies, and related regulatory agencies could face more scrutiny. It is reported that crypto industry figures are particularly watching whether Representative Sean Casten may wield greater influence after Democrats regain control of the House Financial Services Committee. Casten has previously pushed to strengthen crypto regulation and opposed the industry-backed CLARITY Act. (Reuters)

Odaily News: The 2026 Nobel Prize in Economics has turned the spotlight on a question that is undergoing change within the Federal Reserve: should the central bank continue to explain its policy logic to the market and signal the future direction of interest rates in advance?

Bloomberg columnist Jonathan Levin noted in a commentary published on Tuesday that the research of this year's Nobel laureate in economics, Michael Woodford, happens to pose a challenge to Federal Reserve Chairman Kevin Warsh's stance on forward guidance and policy transparency. Levin argues that Warsh tends to reduce the Fed's external communication, while Woodford's research shows that how a central bank explains its policy decisions is itself an important part of how monetary policy works.

The Royal Swedish Academy of Sciences on Monday awarded the 2026 Nobel Prize in Economics to American economists Robert E. Hall and Woodford, honoring their contributions to the theory of economic stability.

Odaily News: Federated Hermes, an asset management firm with $911 billion in assets under management, plans to launch its first onchain fund shares early next year, further joining Wall Street's wave of bringing traditional assets onchain.

Federated Hermes has partnered with digital securities infrastructure company Prometheum to bring blockchain-based fund shares into traditional brokerage accounts and financial advisor channels. The company has not yet disclosed the specific types of tokenized funds or the blockchain networks to be used, but Kevin Barr, head of digital asset products and platforms, said money market funds could be among the first tokenized products. (CoinDesk)

Odaily News: Stablecoin issuer Tether has announced an investment in the seed round of Latin American financial infrastructure company EFY Finance to advance the institutional adoption of USD₮ and USA₮.

Tether stated that the investment aims to strengthen the connection between stablecoins and the traditional financial system, and to support EFY Finance in developing stablecoin-based cross-border payments, account services, and digital asset custody infrastructure. EFY Finance currently offers USD₮ and USA₮ on/off-ramp services, over-the-counter (OTC) trading, wallet, and payment card services, covering local settlement channels in more than 12 currencies and 17 countries. The company has obtained a Digital Asset Service Provider license in El Salvador and serves over 25,000 individual and business accounts.

Odaily News: Ki Young Ju stated that the Bitcoin bear market cycle has ended, and the market is expected to enter a bullish or sideways phase over the next 12 to 24 months.

Odaily reports: Tencent plans to launch its open-source model Hy4 in late 2026. Separately, according to people familiar with the matter, Tencent Holdings has initiated a US dollar and offshore yuan bond issuance plan, with an expected fundraising scale of approximately $5 billion. Tencent intends to issue 10-year and 20-year US dollar bonds, with initial guidance spreads of approximately 115 basis points and 140 basis points above comparable US Treasury yields, respectively. Meanwhile, the company is also issuing 10-year and 30-year offshore yuan bonds, with guided coupon rates of approximately 2.9% and 3.5%, respectively. The bonds could be priced as early as Tuesday. (Bloomberg)

Odaily reports that Bank of England Deputy Governor Sarah Breeden said during the IMF annual meetings that the UK is currently in no rush to launch a retail central bank digital currency, the digital pound "Britcoin." Whether to proceed with the digital pound project depends on whether other innovative payment solutions—such as commercial stablecoins and tokenized bank deposits—can deliver the benefits of tokenization. She also emphasized that she hopes UK businesses can develop successful sterling stablecoins, so that UK residents and businesses are not left with no option but to access innovative payment services through dollar stablecoins. (Bloomberg)

Odaily News: Crypto hardware manufacturer Ledger SAS is reviewing its consumer-facing device sales policies and processes. This follows reports that some hardware wallets were implanted with spyware, leading to the theft of approximately $90 million in cryptocurrency. Ledger Chief Technology Officer Charles Guillemet said on Tuesday that the company is also evaluating tamper-proof protections for its devices. He reminded users who suspect their devices have been tampered with to consult Ledger's published security guidelines before disassembling their hardware wallets themselves, and to send any suspicious devices to Ledger for further inspection.

Odaily reports that quantitative giant and market maker Jump Trading has disclosed the establishment of a new internal compute trading division, while bringing in Ito Markets founding team members Affaan Mustafa and Alejandro Soumah Fernandez through an acqui-hire. The specific terms of the deal have not been disclosed. Analysts believe that as the AI boom drives growing demand for computing resources, Jump's move also reflects how financial trading firms are accelerating their push into compute as an emerging asset class. (Bloomberg)

Odaily News: JPMorgan and Goldman Sachs are leading the arrangement of a $5 billion loan underwriting deal for AI cloud services company Volta Infrastructure Holdings (Volta AI), but will only underwrite $1.3 billion of the term loan to reduce their own risk exposure.

It is reported that this $1.3 billion term loan transaction will be used to pay for Volta's leasing fees for data centers operated by Bitcoin mining company Bitdeer. As of now, representatives from JPMorgan, Goldman Sachs, and Volta have all declined to comment on the matter. (Bloomberg)

1. South Korean stock market sell-off may spill over into crypto markets, Tom Lee calls it short-term pain;

2. 15 trades in 4 months with nearly all profitable, a whale has accumulated $29.75 million in profits and went long on 24,000 ETH worth $60.7 million;

3. SafePal responds to hardware wallet security concerns, reminding users to verify Ledger device authentication, activation records, and packaging seals;

4. AMAT, the largest semiconductor equipment manufacturer in the US, expects revenue to double in the coming years;

5. KB Securities: South Korean chip stocks pullback may reflect investors' doubts about earnings sustainability;

6. CZ: Paying to smear competitors only damages trust in your own exchange;

7. $115 million HYPE long position currently has unrealized gains of $61.26 million;

8. Profitable since 2023, Bitcoin long-term holders currently have a 72% unrealized profit buffer;

9. Binance will adjust leverage and margin for multiple USDT-margined perpetual contracts;

10. A whale transferred 5,170 ETH worth $12.82 million to Tornado Cash, with unrealized gains of $3.056 million.

Odaily reports that Nick Johnson, founder of the Ethereum Name Service protocol ENS, has submitted an executable draft proposal requesting that the decentralized autonomous organization (DAO) approve the activation of ENSv2 on the Ethereum mainnet. Once the upgrade is approved, the original ENS registrar will pause new domain registrations, while existing domain holders will still be able to renew.

ENSv2 will introduce a more flexible domain management and permissions architecture. After domain record synchronization is complete, new .eth registrations will migrate to the upgraded system, and new registrations on both systems may be paused for several hours during the transition; existing holders will not need to migrate, and their domains will remain fully functional. ENS Labs plans to transfer the remaining administrative permissions of the upgraded contracts to the DAO.

The proposal is currently still in draft stage and needs to enter the on-chain DAO voting process. According to governance rules, an executable proposal must secure at least 1 million ENS tokens participating and a majority of support within a 7-day voting period. After approval, it must also undergo a timelock of at least two days. The voting date has not yet been announced. (Cointelegraph)