Odaily News: According to on-chain detective Specter, multiple reports of Ledger user wallet thefts have appeared on X and Reddit. After tracing the theft addresses, it was found that the related addresses received inflows of funds from hundreds of victim wallets across multiple major blockchains including Ethereum, TRON, and Bitcoin, with total losses exceeding $86 million. The related addresses include: bc1qjqgwejnp8dc0x2938x9n9954hj97t82unx49dl, TK6DWNpNe1w2iJRNFpU8aHdrPTATxvXT6C, TBkcUMYC7CkTK99tkTnaStQVBastfrs9d9, TCGE3xp6YGRKXxDZiLfysgJW3f22KfMNsW, 0x69c8f401cfc6cd40ac94691d6d7c48e3b7a47841, 0x033636e45d519bebb7b5c2520ca6ce56fbdb4f7a, 0x83aeac166f6832ae3500000a24510a95a052a599, bc1qqnkwurxs99xkx5t4yffqhq3u6qwy0qpjyujtm9, bc1qgqheemzla77pesl227hdtgf5ykz62d0zvld26n, TSDWtuZ2pARUVz4v3PkL2hi3iXPjowAr5a.
Odaily News: The Trump administration is reassessing the timeline for economic pressure on Iran. As sanctions and port blockades have failed to force Tehran to accept negotiation terms, Washington is gradually accepting that the campaign may last for months or even longer, with the "economic exile" of Iran shifting from a short-term strategy to long-term attrition.
US Treasury Secretary Bessent had previously predicted that Iranian airlines would be forced to halt international operations by the end of September, but that target was not met. Although the blockade has significantly compressed Iran's new oil exports, Iran is still selling previously shipped inventory. Reuters data shows that approximately 20 million barrels of Iranian crude remain outside the blockaded area; Kpler data shows that Iran can still transport about 250,000 barrels of oil per day across land borders.
In the next phase, the US will continue targeting Iranian banks, airlines, oil transport vessels, and intermediary networks, and will pressure foreign financial institutions, warning them that transactions with Iran may face secondary sanctions, while also restricting Iran's use of shadow fleets, ship-to-ship transfers, and third-country trade to evade sanctions.
However, economic pressure has yet to translate into Iranian concessions on core issues such as its nuclear program. Tehran still demands that the US lift the port blockade, ease oil sanctions, and release frozen assets. The US assesses that by continuously squeezing Iran's oil revenue and international financial channels, time will gradually shift in America's favor, but a prolonged blockade also means higher military commitments, shipping risks, and energy market costs. (The Washington Post)
Odaily News: Ripple co-founder and crypto billionaire Chris Larsen is ramping up his involvement in U.S. politics. Disclosure data shows that during the current midterm election cycle, Larsen has donated at least $22.5 million directly to federal candidates and super PACs, and he plans to increase his contributions further. Larsen has now become one of the major donors in U.S. federal politics. His areas of interest include artificial intelligence, clean energy, cryptocurrency, and taxes on the wealthy. He was also previously among the more active political donors in the U.S. tech and crypto industries. (Bloomberg)
Odaily: Blockchain.com is seeking approval in the U.S. market to launch prediction markets and crypto derivatives trading.
Odaily News: Bloomberg ETF analyst Eric Balchunas posted on X platform that over the past 100 years, only 4% of stocks have contributed to all net wealth gains in the US market, and about half of companies have underperformed US Treasuries, so the lack of market breadth has always existed. Microsoft and Google each acquired 270 companies. He stated that these large companies are more like small nations, and investors should perhaps view the "Magnificent Seven" as the "Magnificent 700," as what currently leads the S&P 500 may be hundreds of companies.
Odaily report: Crypto trading platform Kraken is investigating an issue affecting some users on its App and web platforms, where affected users may see incorrect margin data. The specific scope of impact and progress on the fix have not yet been disclosed. (Cointelegraph)
Odaily reports that the largest banks on Wall Street are expected to disclose combined equity trading revenue of nearly $19 billion for the third quarter when they report earnings next week. However, as capital market activity begins to cool, performance gaps among banks are gradually emerging, with some banks starting to significantly outperform their competitors. This stands in sharp contrast to the situation in the first half of this year, when nearly all of the five major U.S. banks benefited from a trading boom, keeping both equity and fixed income trading desks busy.
According to analyst estimates compiled as of Thursday's New York market close, Goldman Sachs Group, which will report earnings next Tuesday, is expected to lead major banks with $5.1 billion in third-quarter equity trading revenue. Morgan Stanley is expected to follow closely with $4.9 billion in equity trading revenue; JPMorgan Chase is projected at $4.5 billion; and Bank of America's equity trading division is expected to generate $2.6 billion in revenue.
Odaily reports: According to data from prediction market platform Kalshi, traders assign a 75% probability that the number of AI data centers planned or already in operation globally will exceed 5,100 by 2027, up from 60% two weeks ago. The prediction contract will be verified by data center tracking platform Data Center Map.
According to Data Center Map, the United States currently has more than 4,700 data centers in operation or in planning, with Virginia leading at over 670, followed by Texas and California with more than 537 and 200 respectively. Meanwhile, the expansion of AI data centers has also sparked opposition from some communities, with residents concerned that projects could drive up local electricity costs and increase water consumption. (CNBC)
Odaily reports: According to on-chain analyst Ember, as BTC rebounded past $83,000, well-known rollover trader AguilaTrades (0x1f25...f925)'s short position was forced to stop out, resulting in a $250K loss. AguilaTrades had not opened any positions for the previous 14 months. After opening this time, yesterday's long position lost $300K, and the subsequent short position lost another $250K. Their $700K principal dropped to $150K within a single day, bringing total losses to $38.16 million.
Odaily reports: U.S. Treasury Secretary Scott Bessent stated that the Trump administration is escalating its "maximum pressure" campaign against Iran into an "absolute isolation" effort. In addition to financial sanctions, the campaign will seek to restrict Iran's access to international markets, transportation networks, and financial resources through measures including a maritime blockade, restrictions on air transport, and the severing of overland routes. Bessent said the U.S. government may seize approximately $1 billion worth of crypto assets this week, and that it has already identified the location of the relevant assets and taken containment measures.
Bessent said the United States is cooperating with the UAE and Oman, and coordinating with Pakistan and Turkey, in an attempt to cut off Iran's overland transportation routes, with the goal of blocking Iran's oil exports and restricting international travel by Iranian officials and related individuals. It remains unclear which specific tokens, wallet addresses, enforcement agencies, and legal grounds are involved in this operation, and whether the relevant actions have already been formally implemented is also not yet clear.
Odaily reports that Bank of America strategist Michael Hartnett said money market funds attracted $166.4 billion in inflows in the week ending October 7, the largest weekly scale since April 2020. He believes that as long as the Federal Reserve does not initiate sustained and significant monetary easing, this batch of funds will find it difficult to leave cash-like assets on a large scale in the short term. Hartnett summed up the current logic of capital flows in one sentence: "No rate cut, no reduction in cash."
Unlike the common previous judgment that "too much cash will eventually flow into the stock market," he believes that the current elevated level of cash does not necessarily mean there will be massive potential buying power for stocks in the future, because cash itself can already provide relatively attractive yields. The market now expects that the Fed's next rate hike is more likely to occur in December rather than at the late-October meeting. The rates market is also pricing in the possibility of continued tightening in the coming months. In this environment, cash is no longer a "waiting asset" with almost no yield.
Money market funds and short-term bonds can provide relatively high interest while price volatility is significantly lower than that of stocks and long-term bonds, so investors have no obvious incentive to rush into taking on more risk.
Odaily News: The Zcash development team plans to incorporate quantum-resistant signature opcodes into the network in January 2027, supporting transaction verification through hash-based signatures to reduce the threat that breakthroughs in quantum computing technology pose to wallet key security. However, the official activation time has not yet been determined. Zakura engineer Roman Akhtariev stated that the mechanism will be primarily applied to Zcash's transparent transaction system. As of Thursday, approximately 11.96 million ZEC were held in the transparent address pool, accounting for about 70% of the 16.98 million ZEC in circulation. In addition, Zakura has launched a wallet balance query tool based on Private Information Retrieval (PIR), and an experimental version is already available through the "Private queries" setting in the Zcash wallet Vizor.
Odaily News — According to on-chain analyst Yu Jin's monitoring, Hyperliquid's biggest long whale currently holds $320 million in long positions across 10 addresses, with unrealized profits of $8.77 million. The positions include 1,400 BTC and 82,000 ETH, with an average entry price of $75,967 for the BTC longs and $2,493 for the ETH longs. This entity primarily goes long on BTC and ETH, and has accumulated $117 million in profits this year through multiple rounds of long positions.
Odaily reports that security researcher beaksec (Emiliano Versini) has disclosed a high-risk vulnerability, CVE-2026-107181, affecting Telegram Desktop 7.2.8 and earlier versions. Attackers can craft a malicious tg:// link to read arbitrary local files via IPC injection, including tdata session files, and send them to an attacker-controlled channel, potentially leading to account takeover. The vulnerability has been fixed in version 7.2.9.
Odaily Report: Telegram has released version 13.0 with a built-in Gram Wallet, which will be gradually rolled out to all users.
