Odaily News: At 21:16 Beijing time, the Grayscale Bitcoin Trust (GBTC) address transferred 100.41 BTC to the Coinbase Prime deposit address, worth approximately $8.33 million.
Odaily News: U.S. Commodity Futures Trading Commission (CFTC) Chair Mike Selig stated that the CFTC's proposed crypto asset regulatory framework will establish a federal-level oversight system to protect exchange customers from fraud, market manipulation, and theft of customer funds, preventing a repeat of the FTX collapse. Mike Selig noted that the CFTC is working to introduce market-based regulatory mechanisms for crypto exchanges; he stated that critics who oppose these measures and support maintaining the status quo may objectively be benefiting fraudsters, manipulators, and those who misappropriate customer funds, and warned that the absence of such regulation could leave the door open for the next Sam Bankman-Fried figure.
Odaily reports: U.S. Treasury Secretary Scott Bessent said the United States "may" seize approximately $1 billion worth of Iran-linked crypto assets this week.
Speaking at a conference on Thursday, Bessent said the United States "knows where these assets are" and described the related effort as "an absolute isolation campaign." It remains unclear exactly how the U.S. government plans to carry out the asset seizures. (The Block)
Odaily: Bitget announced on X that it has listed 4 new stock perpetual contracts, including CEG, SBUX, LEN, and HD, supporting 24/7 trading with up to 20x leverage.
Odaily News: AI startup TypeSafe AI has completed an approximately $870 million funding round led by venture capital firm Andreessen Horowitz (a16z), bringing the company's valuation to $7.5 billion.
TypeSafe AI's AI model Jev quickly gained traction within weeks of its release. Co-founder Diogo Almeida said that after the launch video went viral, the company attracted significant attention from corporate executives, developers, and investors. Jev is currently used by approximately one-third of Fortune 500 companies and surpassed 1 million users within days. (Bloomberg)
According to Lookonchain monitoring, a wallet (0xf15d...bddf) suspected to belong to a gambler or hacker sold 262.78 ETH 40 minutes ago, obtained $643,000 USDC and deposited it into Hyperliquid, then opened a 40x leveraged short position on 305.51 BTC, with a notional value of $25.4 million and a liquidation price of $84,086.03.
Odaily News: South Korea's Ministry of Economy and Finance recently issued a preliminary administrative notice of proposed amendments to CARF-related regulations, which would require South Korean crypto asset service providers to retain addresses of external personal wallets, overseas wallets, and other addresses involved in transactions for 6 years. For transactions using crypto assets to purchase goods or services, when a single transaction reaches $50,000 or more, both the receiving merchant and the paying customer will be included in the reporting scope.
The adjustments are intended to align with the implementation of the OECD Crypto-Asset Reporting Framework (CARF) on January 1, 2027. South Korea has also identified 55 participating jurisdictions, including the United Kingdom, Japan, Switzerland, the Cayman Islands, and the UAE, among others; the United States is currently participating in information exchange through a bilateral agreement pathway. (Edaily)
According to Gate data, the EURO STOXX 50 (EUSTX50) rose above 6,200 points, now at 6,200.22 points, up 0.9% in 24 hours.
Odaily News: LayerZero has partnered with Blockaid to launch Bridge Sentinel. Operated by Blockaid, this network is a Decentralized Verifier Network (DVN) that leverages real-time threat intelligence to screen for spoofed source events, malicious counterparties, and stolen fund flows before cross-chain messages are verified. Asset issuers adopting the LayerZero OFT standard can choose to include it in their DVN configuration.
Odaily reports that XRP Ledger has activated its permission delegation feature, allowing enterprises to assign specific on-chain operational permissions to independent accounts without handing over their master account keys.
This feature is designed to enhance security and operational flexibility for institutions in scenarios such as stablecoin issuance and custody, enabling enterprises to authorize different accounts to carry out routine on-chain tasks while retaining control of their master keys. (CoinDesk)
Odaily reports that Base founder Jesse Pollak stated that the upcoming "tokenization supercycle" will be primarily driven by tokenized stocks and non-USD stablecoins.
Speaking in an interview with The Block during Token2049 Singapore, Pollak said the market is underestimating the development potential of non-USD currencies. He believes that nations will continue to maintain monetary sovereignty, and most of users' daily payments will still be made in their local currencies, meaning non-USD stablecoins could play a significant role in the future. (The Block)
Odaily: The official Litecoin Twitter account posted that the Reddit community r/CryptoCurrency is coordinating efforts to suppress any positive content about Litecoin, arguing that LTC supporters who merely post general news should not be banned or suspended, and calling for an end to such practices.
Odaily News: The U.S. Department of the Treasury has appointed Judy Shelton as an advisor to Treasury Secretary Scott Bessent. Shelton previously failed to secure Senate confirmation to serve as a Federal Reserve governor due to her controversial economic views. The Treasury Department stated that Shelton will advise Bessent on monetary policy.
Prior to joining the Treasury Department, Shelton served as a senior fellow at an independent institute advocating free-market principles, and previously held a position at Stanford University's Hoover Institution. In 2019, Trump nominated Shelton to serve as a Federal Reserve governor, but the nomination faced bipartisan opposition in the Senate, including all Democratic senators and a few Republican senators. The controversy centered on three main areas: her views on Federal Reserve independence, her support for the gold standard, and her questioning of whether the United States needs a central bank. (CNBC)
Odaily News: Nasdaq-listed Bitcoin mining company CleanSpark has released its unaudited operational data for September 2026, producing 529 BTC during the month, with an average daily output of 17.64 BTC, bringing its cumulative Bitcoin production for 2026 to 5,432 BTC. As of September 30, CleanSpark's operational hashrate reached 50 EH/s, with an average operational hashrate of 36 EH/s.
Regarding Bitcoin holdings, CleanSpark sold a total of 702 BTC in September at an average price of $72,928, including 2 BTC sold on the spot market and 700 BTC sold through the exercise of call options. As of the end of September, the company held 13,530 BTC, a decrease of 173 BTC from 13,703 BTC at the end of August. (PRNewswire)
According to monitoring by on-chain sleuth Specter, the exact number of affected wallets has not yet been determined, and over the past few hours they have been identifying and reporting other theft addresses.
Odaily: Binance's ETH reserves have dropped to a near six-month low, with the number of ETH withdrawal transactions hitting an all-time high. The relevant chart tracks the number of withdrawal transactions, not the withdrawal amount.
