According to an official announcement, Bithumb will list the KGEN/KRW trading pair.
Odaily News: On October 12, according to official sources, the decentralized stablecoin USDD has set new all-time records for both its total circulating supply and protocol TVL. USDD's circulating supply has exceeded 1.81 billion tokens, while the protocol's TVL has surpassed $2.51 billion, just 4 days after reaching the previous milestone.
It is reported that USDD's growth this time has shown a synchronized momentum across all chains. The TRON network continues to maintain strong growth, with a circulating supply exceeding 1.3 billion tokens; the circulating supply on Ethereum has surpassed 450 million tokens; and the BNB Chain ecosystem continues to expand in tandem, exceeding 21 million tokens. With the ongoing prosperity of its ecosystem and the continuous expansion of use cases, USDD's cross-chain growth momentum is becoming increasingly evident.
According to Gate's official announcement, cash dividend payouts have been completed for 145 U.S. stocks and ETF tickers including TSMC (TSM), Merck (MRK), Salesforce (CRM), Altria (MO), Nasdaq 100 ETF (QQQ), and NXP Semiconductors (NXPI). Gate has completed USDT settlement of the corresponding dividends based on users' holdings, with the entire process handled automatically and no additional action required from users.
This dividend distribution covers relevant U.S. stock tickers with corporate dividend dates from October 5, 2026 to October 9, 2026, spanning multiple industry sectors including technology and semiconductors, financial services, energy, consumer goods, healthcare, industrial manufacturing, real estate REITs, utilities, materials manufacturing, media and entertainment, telecommunications, and strategic ETFs.
Odaily reports that Amy Oldenburg, Head of Digital Asset Strategy at Morgan Stanley, stated that Morgan Stanley expects to begin supporting tokenized stocks on its alternative trading system in the first quarter of 2027, later than the previously announced plan for the second half of 2026. She said Q1 2027 may be more realistic, and the team is advancing the related buildout.
Odaily News: Ukrainian President Zelensky stated that Ukraine is ready to sign a ceasefire guarantee agreement. He also called on the US to continue applying pressure on Russia rather than easing sanctions, in order to push for a ceasefire in the energy sector.
Odaily News: Solana treasury company SkyAI (SKYA) has announced plans to launch a cash tender offer to acquire up to 95% of its outstanding common shares and warrants at $3 per share. The tender offer covers up to approximately 46.4 million common shares and approximately 20.7 million warrants, with a maximum total acquisition amount of approximately $201 million. The company expects to fund the acquisition using existing cash and proceeds from the sale of its Solana assets. SkyAI stated that the tender offer is expected to commence on Thursday and remain open for 10 business days, but may be extended or terminated early. Additionally, the SkyAI board of directors has rejected an unsolicited non-binding all-stock acquisition proposal from Forward Industries (FWDI). The proposal sought to exchange each SkyAI share for 0.306 shares of Forward Industries stock, but the SkyAI board believes the stock-swap proposal undervalues the company.
Odaily News: 10x Research has stated that Bitcoin options prices have dropped to five-year lows, with near-month implied volatility at 33.5%, more than 4 percentage points below realized volatility, indicating that options are relatively cheaply priced.
Over the past week, Bitcoin options skew has declined by nearly 3 percentage points, with traders concentrated in buying October-expiry put options at strike prices of $78,000 and $80,000, with single block trades reaching as high as $204 million. 10x Research believes this indicates that investors on the whole still hold long positions while hedging downside risk through options, rather than fully turning bearish.
By contrast, the Ethereum options market is showing different signals. Its largest corporate buyer has indicated it will stop buying within weeks, options trading is dominated by call sellers, and implied volatility is higher than realized volatility.
Odaily News: A Hyperliquid whale (0xec4a…cf62) opened BTC, ETH, and NEAR long positions from scratch today. Based on the average entry price, the notional position size is approximately $28.8 million, with the current position value at about $29.04 million and unrealized profit of roughly $243,000. The address first purchased 200 BTC in batches this morning at an average entry price of approximately $83,604.5, using 40x cross margin leverage; subsequently bought 4,000 ETH at an average entry price of approximately $2,536.23, using 25x cross margin leverage; and simultaneously opened a NEAR long position while continuously adding to it, currently holding approximately 332,000 NEAR at an average entry price of about $5.81, using 10x cross margin leverage.
Odaily report: New financial platform Bybit today announced the official launch of Stocks, allowing eligible users to trade over 1,000 U.S.-listed stocks and ETFs through Bybit, covering a wide range of popular U.S. equities and ETF tickers.
Following the launch of Stocks, Bybit users who have completed KYC verification and are located in permitted regions can directly buy and sell supported U.S. stocks and ETFs using USDC. Unlike price derivatives or synthetic instruments, Stocks gives Bybit users access to the economic rights of a broader range of securities.
Key features currently available on Stocks include:
- Over 1,000 U.S. stocks and ETFs, with fractional share trading supported for eligible securities
- Trading with USDC, funded directly from your Bybit account
- Corporate action support, including cash dividends, stock dividends, and stock splits
- 24/5 trading, covering U.S. pre-market, regular, and after-hours sessions (subject to product availability)
- Zero commission on eligible stock trades
Eligible users holding positions can receive the corresponding economic rights. Cash dividends will be converted from USD to USDC and deposited into the Unified Trading Account (UTA), while stock dividends will be directly reflected in users' holdings. Voting rights are planned for a later phase.
Orders are routed through Bybit's regulated brokerage infrastructure and executed by U.S. self-clearing broker Alpaca, with underlying securities custodied by Alpaca. In addition to crypto spot and derivatives trading, Bybit also connects to traditional market opportunities through the MT5 platform, tokenized stocks, and TradFi perpetual contracts, and the launch of Bybit Stocks further completes Bybit's multi-asset platform layout.
Bybit Stocks is offered by Infra Capital Limited (introducing broker), which is regulated by the Mauritius Financial Services Commission (GB23202169). Clearing and settlement services for U.S. securities are provided by Alpaca Securities LLC (FINRA/SIPC member). Specific terms and conditions for this product are available on the official website. Investment products carry the risk of principal loss, and users should read the Risk Disclosure Statement before investing.
Odaily Report: On-chain detective ZachXBT retweeted the XRP Ledger Foundation's explanation regarding a previous critical security vulnerability and criticized its bug bounty mechanism.
ZachXBT stated that XRPL, which holds billions of dollars in assets, only paid a $250,000 reward to the white hat hacker who discovered the critical vulnerability. He believes that this level of reward could weaken security researchers' incentive to proactively report vulnerabilities, and may even encourage attackers to exploit vulnerabilities for massive gains rather than responsibly disclosing the issue.
Previously, the XRP Ledger Foundation confirmed that the vulnerability could theoretically bypass the XRP total supply limit, but no additional XRP was found to have been created as a result, and the vulnerability has been fixed through version 3.4.1.
Odaily reports that CryptoQuant analyst Axel Adler Jr. stated that over the past 30 days, Bitcoin transaction fee revenue averaged 0.64% of miners' total revenue, down from 0.65% the previous week, and has remained below 1% since mid-August 2025. Miners' revenue still mainly comes from newly issued Bitcoin, with fees contributing limited support to profitability; although Bitcoin's price has rebounded from around $59,000 to $84,000, older mining machines still face significant profitability pressure at current electricity prices. The above costs only account for electricity expenses and do not include other expenditures such as mining machine purchases, cooling facilities, and maintenance. A fee revenue share below 1% does not directly mean that miners are shutting down operations on a large scale or selling off reserves.
Odaily News: According to Iran's Tasnim News Agency, Iranian Foreign Ministry Spokesperson Baghaei stated that making decisions based on national interests and national welfare is the right of every country, and Iran also takes its own priorities and interests as the basis for making decisions when handling various issues. The relevant issue is a matter between Russia and the United States. However, regarding the situation in the Strait of Hormuz, one point is worth pondering: if the relevant issue has indeed been resolved as the U.S. side claims, then the United States would have no need to seek help from Russia to address the challenges it faces. The fact that the U.S. side has requested help is itself clear evidence that the problem persists.
Odaily News: Over the past 7 days, Hyperliquid ranked first in perpetual DEX notional trading volume with $48.1 billion; Kalshi recorded $14.9 billion, trade.xyz $12.2 billion, Lighter $11.7 billion, Aster $10.8 billion, GMX $8.8 billion, edgeX $6.4 billion, Polymarket $4 billion, Ondo Finance $1 billion, and fomo $853 million.
Odaily News: Dragonfly Managing Partner Haseeb Qureshi stated in a recent Space that Hyperliquid has limited user overlap with centralized trading platforms, and some users who have difficulty completing KYC or cannot access mainstream trading platforms use it as their primary trading gateway. Although Hyperliquid's market share continues to grow, centralized exchange trading volume has not declined in tandem, indicating that the two are more focused on expanding the overall market size together rather than simply competing for existing share.
Haseeb is also bullish on Pre-IPO stock trading demand and the crypto market's performance over the next 6 to 12 months. He believes that by 2030, the boundaries of "crypto VC" will gradually blur, as crypto technology becomes integrated into fintech, digital banking, stablecoins, and consumer products. In the future, investment firms including Dragonfly will increasingly focus on fintech, new technologies, and AI companies.
He emphasized that in the future, the core competitiveness of investment firms will no longer be merely familiarity with the crypto industry, but rather market understanding, industry resources, and the ability to help entrepreneurs solve practical problems.
Odaily News: OKX CEO Xu Mingxing posted on the X platform, criticizing CZ's recent remarks regarding compensation for Binance users.
Previously, CZ stated in an interview that Binance had allocated approximately $800 million to compensate users harmed on the platform, despite the platform having no obligation to do so. He also claimed that the public tends to focus on negative news about Binance, but during the related controversy, Binance still maintained net capital inflows, suggesting that community sentiment may have been manipulated while capital flows better reflect the actual situation.
In response, Star questioned CZ's characterization of the compensation as a voluntary act, arguing that the previous market crash had already caused tens of billions of dollars in losses, dealing a severe blow to a large number of investors, and that the compensation should not be used as a reason for self-praise, sarcastically calling him "the Yue Buqun of the crypto world."
