Odaily News — Meanwhile, backed by Sam Altman, has announced the completion of a new $37 million funding round at a valuation of $350 million. The round was led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, among others. Meanwhile primarily provides Bitcoin-denominated life insurance services, and the funds from this round will be used to meet related demand in Asia, Europe, and the Middle East.
Odaily reports: According to SoSoValue data, yesterday (October 8, US Eastern Time), SOL spot ETFs recorded a total single-day net outflow of $3.3209 million.
Among them, Morgan Stanley Solana Trust (MSOL) saw a single-day net inflow of $1.773 million, with cumulative historical net inflows reaching $42.4793 million.
Bitwise Solana Staking ETF (BSOL) saw a single-day net outflow of $5.258 million, with cumulative historical net inflows reaching $1.202 billion.
As of press time, the total net asset value of SOL spot ETFs stands at $1.738 billion, with a SOL net asset ratio of 2.69% and cumulative historical net inflows reaching $1.587 billion.
Odaily News: According to SoSoValue data, yesterday (US Eastern Time, October 8), HYPE spot ETFs recorded a total daily net outflow of $9.7044 million.
Yesterday, only 21Shares Hyperliquid ETF (THYP) saw a net outflow, with a single-day net outflow of $9.7044 million. Its cumulative historical net inflow currently stands at $42.4405 million.
As of press time, the total net asset value of HYPE spot ETFs is $454 million, with a HYPE net asset ratio of 2.41%, and cumulative historical net inflows have reached $336 million.
Odaily News — According to SoSoValue data, yesterday (October 8, U.S. Eastern Time), XRP spot ETFs recorded total single-day net inflows of $8.1664 million.
Yesterday, only the Franklin XRP ETF (XRPZ) saw net inflows, with a single-day net inflow of $8.1664 million, bringing its cumulative historical net inflows to $509 million.
As of press time, the total net asset value of XRP spot ETFs stands at $1.556 billion, with XRP net asset ratio at 1.79% and cumulative historical net inflows reaching $1.802 billion.
Odaily reports, according to SoSoValue data, yesterday (US Eastern Time, October 8), ZEC spot ETFs recorded a total daily net outflow of $18.6634 million.
Yesterday, only the Zcash ETF (ZCSH) saw net outflows, with a single-day net outflow of $18.6634 million. Its historical cumulative net inflow currently stands at $182 million.
As of press time, the total net asset value of ZEC spot ETFs is $656 million, the ZEC net asset ratio is 3.27%, and cumulative historical net inflows have reached $182 million.
According to Lookonchain monitoring, a whale was liquidated for 28,700 ETH, worth $69.69 million, due to the market downturn; the whale continues to long ETH, currently holding a 79,000 ETH long position worth $196 million. The new liquidation prices are $2,299.09 and $2,286.28.
Odaily reports that Polymarket's trading page now shows it has begun charging fees on market orders for geopolitical events, while limit orders remain free.
Polymarket's documentation has not yet been updated to reflect this fee, and the fee parameter for geopolitical events remains zero.
Odaily News: Researcher Robin Linus has released the Bitcoin Poker protocol, expanding the unfinished poker interface that Satoshi Nakamoto left in Bitcoin's early code in 2008 into a runnable solution. The protocol supports two players in Texas Hold'em without a dealer, using Bitcoin's existing rules to handle gameplay and fund settlement.
Bitcoin Poker generates card faces through secret information jointly provided by both parties, generating only the 9 cards needed per hand, and uses cryptographic commitments and zero-knowledge proofs to maintain fair dealing. The protocol can check for duplicate cards, and the probability of a randomly generated hand passing the check is approximately 48%, requiring an average of 2.08 attempts.
The protocol pre-builds a transaction tree for possible game outcomes, with a reference configuration containing 56,132 logical nodes and approximately 8.4 MB of preparation data. Normal gameplay occurs off-chain, with transactions used only to handle disputes when cooperation breaks down.
If one party refuses to continue, a timeout mechanism can settle the committed pot after a specified delay and return the departing party's unused balance, but cannot force players to reveal their cards. The design requires no modifications to Bitcoin's consensus rules, supports only two participants, and still requires independent security review. (Bitcoin.com News)
According to Onchain Lens monitoring, Jump Crypto's Firedancer wallet has once again staked 454,000 SOL, worth $49.81 million.
Odaily News: Coinbase Markets posted on X platform stating that, based on a recent review, Coinbase will suspend Balancer (BAL) and Tensor (TNSR) trading on or around 2:00 PM ET on November 9, or around 3:00 AM Beijing Time on November 10, affecting Coinbase.com, Coinbase Exchange, and Coinbase Prime. Currently, the BAL and TNSR order books have been switched to limit-only mode, and users can still withdraw their assets normally.
Odaily News: Senator Richard Blumenthal, a senior Democrat on the U.S. Senate investigation panel, is continuing to investigate the financial relationship of stablecoin issuer Tether, and has sent a letter to Brandon Lutnick, CEO of financial services firm Cantor Fitzgerald, requesting information about the relationship between the two companies.
Brandon Lutnick is the son of U.S. Commerce Secretary Howard Lutnick. After Howard Lutnick joined the administration of U.S. President Donald Trump, Brandon Lutnick took over his leadership role at Cantor Fitzgerald.
Cantor Fitzgerald holds and manages Tether's reserve assets in the United States, and the two parties have multiple other business interests. (CoinDesk)
Odaily: Swiss cryptocurrency exchange WhiteBIT has announced its integration of the Lightning Network, enabling users to deposit and withdraw Bitcoin through the network, with a deposit fee of 0.25% and a withdrawal fee of 0.15%. The feature is powered by Bitcoin infrastructure service provider Voltage, and users can complete transactions via QR codes or payment information.
Odaily News: According to Bitcoin News monitoring, a wallet tagged as the United States transferred 833.6 BTC, valued at $71.6 million, to a Coinbase Prime deposit address. Arkham data shows that 568.7 BTC of this is related to assets forfeited from HashFlare, and 264.9 BTC is related to funds from the Bitfinex hack. Transfers to a Prime deposit address do not necessarily indicate a confirmed sale; Coinbase also provides custody services for cryptocurrency held by the government, and a similar $288 million transfer occurred in July.
According to Onchain Lens monitoring, FalconX transferred 96,600 HYPE from its hot wallet to Coinbase, worth $8.01 million.
Odaily News: The National Football League (NFL) has joined the position opposing federal regulation of prediction markets such as Kalshi and Polymarket, and has filed an amicus brief with the U.S. Supreme Court. The related case may enter its final ruling stage.
Several other briefs were submitted to the U.S. Supreme Court this week, including filings from former regulator Gary Gensler and former Senator Chris Dodd. Chris Dodd once championed a bill under which the U.S. Commodity Futures Trading Commission (CFTC) argues it should have final regulatory authority as the overseer of prediction markets. (CoinDesk)
Odaily reports that according to Aptos monitoring, the Aptos Foundation has committed to locking and permanently staking 210 million APT, approximately 37% of the APT it held at the time of its mainnet launch. These tokens will not be sold or distributed. Foundation operations will be supported by the staking rewards generated from these tokens, rather than by selling the locked tokens themselves. Aptos stated that more updates will be released in the future, along with a complete tokenomics update.
