Odaily News: Federal Reserve Governor Waller stated that more rate hikes are still needed, but he remains flexible on the pace of increases (Jinshi)
Odaily News: Deus X Capital is shutting down, and its investors and backers will transition to their own independent investment strategies. Deus X Capital previously focused on capital markets, fintech, and digital assets, engaging in private equity, venture capital, project incubation, and fund allocation, with investments in digital assets, DeFi, and other sectors.
Odaily reports: According to monitoring by on-chain analyst Aunt Ai, a certain address疑似 reduced its HYPE position by $11.77 million over 10 days, with a holding cost as low as $3.87. Since September 28, this address has cumulatively deposited 131,421 HYPE to Kraken at a deposit price of $89.56. If sold, it would realize a profit of $11.26 million, representing a return rate of 2214%.
Hyperliquid Labs announced on September 30 that it would sell 3.75 million HYPE over the counter, worth approximately $329 million, with a single institution as the buyer, and it would not be sold through the public market. The first suspected sell-off by this address occurred before the announcement, followed by two more instances yesterday and 1 hour ago, respectively.
Odaily reports that on BNB Chain, the hot wallet operated by 79thVault lost approximately $12.5 million, possibly due to a private key leak. The team typically used this hot wallet only for small transfers to the reward pool. Recently, the address transferred 2.01 million 79AU out of the trading pair to external addresses in 7 transactions, with amounts of 10,000, 100,000, 100,000, 300,000, 500,000, 500,000, and 500,000 tokens respectively. The attacker then sold 79AU back into the same trading pair through approximately 95 swaps, reducing the pool's USDT reserves from $15.2 million to $3.9 million, and cashed out 16,249 BNB, worth approximately $12.5 million. In addition, the operational key transferred another 3.79 BNB to the same external address, and another 500,000 79AU was transferred to other addresses.
Odaily reports that during TOKEN2049 Singapore 2026, according to an official announcement, Gate has announced a partnership with Visa to launch a crypto asset-linked card, with the related service expected to roll out across 40+ markets globally. Users can apply for and manage the card through the Gate App, and use digital assets for payments at online and offline merchants that accept Visa. During the payment process, the relevant digital assets will be automatically converted into fiat currency.
Gate has officially launched Gate Money, integrating digital assets, fiat currency, stocks, ETFs, gold, bank accounts, and payments into the Gate App. Eligible users can apply online for a global bank e-account in their own name and complete fund transfers, asset conversions, and payments all within the same platform. The Visa crypto asset-linked card launched by Gate further connects account assets with everyday spending scenarios, extending Gate Money's integrated service chain of "account opening—funding—assets—spending" to more real-world payment scenarios. Currently, users can activate Gate Money with one click by updating the Gate App to version v8.39.0.
Visa's digital payment network covers more than 200 countries and regions, with over 175 million merchant acceptance points. This partnership integrates Gate's digital asset capabilities with Visa's global payment infrastructure, expanding the use of digital assets in shopping, dining, travel, and other everyday spending scenarios. Dr. Han, Founder and CEO of Gate, said that this partnership connects digital asset accounts with broader commercial spending scenarios, making the use of digital assets more flexible and intuitive, and promoting their integration into everyday financial life and business activities. Nischint Sanghavi, Head of Digital Currency for Visa Asia Pacific, said that Visa is committed to working with partners to expand payment options and connect new forms of value with mature digital payment infrastructure. The launch of this crypto-linked card also further extends Gate's business footprint in real-world payments and integrated financial services, providing users with a more convenient way to use digital assets for global commercial spending.
Odaily Report: Sui announced on X that the Hashi mainnet will begin its phased launch this month, with over $500 million in capital already committed. Anchorage will join as a launch partner, providing qualified custody services and stablecoin liquidity for Hashi.
Odaily News: Greece is preparing to legislate a 10% tax on cryptocurrency capital gains. The relevant draft bill was published on Thursday local time and has entered the public consultation phase, and is expected to be submitted to parliament for deliberation in November. According to the draft, individuals' annual cryptocurrency capital gains under €500, approximately $559.95, would be tax-exempt. Greece currently has no comprehensive tax legal framework for cryptocurrencies. Officials stated that since the vast majority of investors use overseas platforms, it is difficult to accurately estimate the country's cryptocurrency market size, and the government has not yet made specific projections for the fiscal revenue that the new tax would generate.
Odaily reports that SpaceXAI has announced an upgrade to the X platform search and monitoring features of its AI assistant Grok Bot. All users can now search, read posts, and track trending topics through built-in tools without needing to bind an X account or configure connectors.
This update, combined with the existing scheduled task feature, supports continuous monitoring of product reviews, breaking news, and industry developments, with periodic summary reports. Developers stated that X platform read-only queries are now available for free, though rate limits still apply, and the specific free quota has not yet been announced. Non-read-only operations such as posting still require configuring an X connector.
Odaily reports that Yi Lihua, founder of Liquid Capital, stated in a post that over the past month or so, he had published 6 consecutive posts warning that Bitcoin could face a pullback after rising to around $86,000. Over the past half month, Bitcoin has continued to trade sideways, with a false breakout occurring at one point, but he has consistently maintained his short-term pullback view.
Yi Lihua said he had previously judged in May that the rebound was over, and in July and August repeatedly highlighted bottom-fishing opportunities. He believes that investment and trading in the crypto market are highly difficult, and participants need to continuously improve their investment and trading capabilities to have a chance at gaining returns.
Odaily News: Trader CryptoCurb bought ZCAT in 38 transactions in early September, investing a total of about $19,600 when the token's market cap was around $2.17 million. Its position has now risen about 15x, with $49,900 already cashed out, while still holding ZCAT worth $259,400, totaling about $309,300. A quarter of the purchased amount has been sold.
According to Gate data, the Euro Stoxx 50 (EUSTX50) has fallen to 6,100 points, currently at 6,097.68 points, down 2.1% in 24 hours.
Odaily reports that Loopscale has disclosed details of its merger with Orca, and after the merger, both parties will continue to operate as products under Formation. Loopscale point redemption will take place later this year, with specific details to be announced soon, and points will continue to accrue until the redemption event begins. Loopscale will not issue a token, and ORCA will become the sole token of the Formation ecosystem.
Odaily reports that analyst Darkfost stated that Bitcoin market demand has improved noticeably recently, especially with spot demand continuing to recover. Currently, total Bitcoin demand has returned to positive territory, exceeding 14,000 BTC, while futures demand remains relatively stable, recently averaging around 32,000 BTC.
Spot demand currently stands at approximately negative 17,000 BTC. Although it remains in negative territory, it has improved significantly from negative 207,000 BTC on September 20. Darkfost believes that while Bitcoin's price is currently declining, market demand is gradually recovering, which is a positive market signal.
Odaily: Sui announced on X that CCTP V2 is now live on Sui. Native USDC can now be transferred between Sui and 29 other supported blockchains: USDC is burned on the source chain and minted on Sui. Developers can build payment and treasury products on Sui without having to design around bridges.
Odaily reports that HM Revenue & Customs (HMRC) is pushing to expand its investigation powers over crypto asset information, proposing to allow tax authorities to directly obtain customer data from crypto asset service providers and to update rules for inspecting software and electronic records. UK crypto tax software company Recap has warned that the proposed regulations' definition of service providers is too broad and could encompass non-custodial wallet software, blockchain explorers, hardware wallet manufacturers, and tax software providers. Since Bitcoin transaction records are publicly transparent, once investors' names, addresses, and tax identities are linked to on-chain wallet addresses, their long-term asset activity records could be exposed, increasing the risk of data leaks, extortion, and physical attacks.
Odaily News: According to Gate data, the Nikkei 225 Index closed down 993.60 points, or 1.42%, at 69,042.11 on October 8 (Thursday). South Korea's KOSPI Index closed down 159.63 points, or 2.35%, at 6,644.27 on October 8 (Thursday), with SK Hynix falling 2.4% and Samsung Electronics dropping 1.4%.


