Odaily reports: Juan Curutchet, head of financial and foreign exchange institution supervision at the Central Bank of Argentina (BCRA), stated that it will not push for the integration of cryptocurrencies and digital assets into banking and payment channels in the next two years. The ban on crypto services by financial institutions introduced in 2022 will remain in effect.
Juan Curutchet pointed out that Argentina's current economic fragility is insufficient to support the advancement of such measures. Whether the ban will be lifted in the future depends on economic conditions, and the relevant topic may be discussed during a second Milei term.
Despite the ban remaining in place, Argentine banking groups are advancing institutional stablecoin projects through independent entities, aimed at programmable money, treasury management, payments triggered by on-chain events, and collateralized credit management.
In the 12 months ending June 30, cryptocurrency transaction value in Argentina exceeded $88.5 billion, making it the second-largest crypto hub in Latin America. (Bitcoin.com News)
Odaily reports: Crypto analyst Ali has posted that Ethereum's 10-minute chart appears to be forming an "Adam and Eve Bottom" pattern. The key resistance level currently in focus is the neckline near $2,520. If ETH can consistently close above this level, it could confirm a bullish breakout and further open up upside potential, with the target area of interest at $2,640.
Odaily News: An AI model from the American artificial intelligence company Anthropic once submitted a false tip about an unsolved homicide to the Philadelphia police website. In a report on the 9th, Anthropic stated that the company's "Claude Haiku 4.5" model had accessed a webpage where Philadelphia police were soliciting information about an unsolved homicide. The model filled out the form on the webpage, claiming it "might have information related to the case," and submitted the form. The model did not provide a name or contact information.
The form was flagged as spam, and police did not launch an investigation based on it. Philadelphia police said they were unaware of the incident until Anthropic recently notified them, and that the incident was "unacceptable." Police emphasized that tech companies must take all necessary measures to prevent their systems from submitting false information to law enforcement agencies. (CCTV International News)
Odaily News: For most of this year, South Korea has been a poster child for the global AI boom. Now, by almost every measure, Korean stocks are rapidly losing investor attention. Market trading volume has plunged 70% from its late-May peak, foreign investors are pulling out quickly, and South Korea's local retail investors are also retreating. Behind this reversal is the Korean stock market's excessive reliance on Samsung Electronics and SK Hynix.
Phillip Wool, head of portfolio management at Rayliant Global Advisors, said: "I think for most investors, especially those who only recently entered the Korean market because of the memory chip trade, the biggest challenge is that the easy money in this theme has already been made." He said his fund has been taking profits on Korean AI stocks and is currently underweight SK Hynix and Samsung Electronics. Richard Tang of Bank Julius Baer said: "We are observing that capital is increasingly flowing back to US stocks, which has led to continued foreign outflows from Korean stocks. (BusinessTimes)
Odaily reports that NVIDIA is in preliminary talks with US open-weight model developer Reflection AI to discuss acquiring the startup or further increasing its investment. The report says many investment approaches are still being considered. Potential deal structures include an "acquihire," in which NVIDIA hires Reflection AI's employees and licenses its technology, as well as reaching an agreement to supply the company with more chips, or increasing NVIDIA's equity investment in Reflection AI.
Odaily reports: Musk posted a screenshot on social media showing that the official account of SpaceXAI has been renamed to "SpaceX Super Intelligence" (@SpaceXSI). Previously, on October 4, Musk stated that SpaceX is a super intelligence (SI) company and that we will rename SpaceXAI to SpaceXSI.
Odaily News: U.S. Treasury Secretary Bessent sent a letter to Senator Elizabeth Warren in response to her questions regarding the Treasury Department's related policies, stating that Warren's understanding of financial markets "lacks foundation," criticizing her previous support for the Biden administration's spending policies, and attributing the economic consequences to the Federal Reserve rather than fiscal policy.
In response to Warren's claim that recent U.S. "intervention measures are unprecedented," Bessent said in the letter that the relevant Treasury buyback program has been in place since May 2024 and has been welcomed by market participants. The program aims to enhance liquidity in the U.S. Treasury market, reduce market volatility, improve the convenience yield of Treasuries, and secure better value for taxpayers. The tax policies promoted by the Trump administration are benefiting families and workers, including measures such as tax exemptions on overtime income, tax exemptions on tip income, additional deductions for seniors, and the child tax credit.
Odaily News: According to Lookonchain monitoring, LUMIA recently rose 100%. 6 wallets went 3x long on a total of 11.7 million LUMIA on Aster_DEX, worth $1.9 million, with a total unrealized profit of approximately $949,000, among which the highest return exceeded 160%.
Odaily News: Franklin Templeton met with the U.S. Securities and Exchange Commission (SEC) Crypto Task Force on October 9 to discuss the direct exchange mechanism for tokenized fund shares and tokenized US stocks on blockchain trading platforms.
The discussions focused on whether investors can directly redeem these assets, whether liquidity providers can charge service fees, and the applicability of pricing rules under the Investment Company Act. In addition, the two sides discussed the feasibility of trading pairs consisting of tokenized ETFs and tokenized stocks, compliant payment stablecoins or tokenized money market funds, as well as whether the related liquidity pools require regulatory exemptions for investment companies.
Odaily reports: Bitcoin News posted on X that hardware wallet manufacturer COLDCARD stated its official X account had published a fake security advisory directing users to a phishing website disguised as a wallet migration guide; the post has been deleted, but no corresponding login, session, or access records were found. COLDCARD said its credentials and offline two-factor authentication remain secure, leading it to suspect that the attacker may have obtained X platform-level or administrator privileges, and it has asked X's security team to investigate urgently. The company also mentioned unverified reports of X administrator accounts being sold on darknet markets, but has not yet found a connection to this incident.
Odaily reports: Darkfost posted on X platform stating that Bitcoin has entered a phase of significantly increased selling pressure. After the recent rebound pushed Bitcoin's price above $85,000, the "seller exhaustion" indicator has signaled that potential selling pressure is rising; this indicator combines profitable supply and volatility to identify risk and calm phases, and this increase is particularly pronounced among short-term holder groups. The current indicator level has approached the threshold seen at multiple local tops earlier in this cycle, and it remains to be seen whether demand can improve and volatility can converge.
1. Trader Rune: PaperTrade documentation mentions a protocol-level "vulnerability" risk related to BBO price manipulation;
2. RippleX responds to critical XRPL vulnerability: theoretical risk of XRP over-issuance existed, now patched;
3. Worth $31.93 million, a whale bought and withdrew 26,100 ZEC from Binance and Kraken within minutes;
4. Gained $1.05 million in unrealized profit in less than 1 day, an address went 3x leveraged long on 24.42 million STRK;
5. CZ calls related accusations "far-fetched," Binance says depegging only began after Bitcoin bottomed;
6. Derivative lawsuit by shareholders against Coinbase directors dismissed, first such case concluded after Coinbase reincorporated in Texas;
7. French National Assembly Finance Committee passes stablecoin exchange tax and crypto exit tax amendments, then rejects budget revenue section by a vote of 31 to 3;
8. Major shareholder holding limits for virtual asset exchanges are not targeting specific companies, South Korea's Financial Services Commission says it will strengthen regulatory accountability;
9. Strive expects to raise approximately $55 million through SATA preferred stock, enough to purchase about 638 Bitcoin.
Odaily: Russia's Ministry of Energy has stated that cryptocurrency miners applying to connect to the power grid must apply under the fourth-category power supply reliability level. Such users may be disconnected directly by authorities at any time without prior negotiation. This category was established by government decision in February of this year, allowing technical grid connection in regions where energy shortages have been declared and mining is prohibited. The Ministry of Energy stated that this approach leverages existing energy infrastructure while not affecting the power supply reliability for residents.
Odaily reports, according to Bitget official data, the platform's "Peer Program" Round 4 rewards have been fully distributed. This round's reward distribution exceeded 1.1 million USDT, bringing the cumulative prize pool to over 4.6 million USDT.
Additionally, starting from October 10, winning users in each round can also receive a surprise mystery box, with a 100% win rate. Mystery box rewards include contract position trial vouchers worth up to 10,000 USDT, 5% APR wealth management rate boost coupons, and GetAgent Ultra experience cards, among other benefits. Eligible users can directly go to the campaign page to claim them.
According to OKX market data, STRK reached a high of $0.12 and is currently trading at $0.1039, up 46.4% in 24 hours.
