Odaily News: Former Coinbase employee Edward Lee has announced his joining of Polymarket as Head of Product for the trading platform, overseeing product development for Polymarket US and the international onchain trading platform. Edward Lee stated that after spending the past decade building infrastructure for the crypto industry, he will now shift to building trading markets that run on top of that infrastructure, and advance a market where "everything is tradable." According to his bio, he has previously built and operated trading platforms at Coinbase, Circle, Poloniex, and LINE.
According to on-chain analyst Ai Yi, an address shorted 400 BTC with 40x leverage in the early hours of today, worth $33.13 million, with an entry price of $83,171.7, and is currently sitting on an unrealized profit of $134,000.
Odaily News: TRUMP co-founder Bill Zanker stated at Token2049 that we are creating a TRUMP game and a TV show, and are seeking to acquire a TRUMP-themed amusement park. All these projects we are working on are aimed at making TRUMP valuable and keeping holders happy.
Odaily reports: Murphy posted on X that when Bitcoin's price declines, market makers' liquidity tends to lean toward the buy side, and traders also place orders at lower prices. Data shows that Binance's spot order book 5% depth gap once reached $80 million when Bitcoin fell to around $83,000. Calculated at $83,000, buy orders within the 5% depth range roughly extend down to $79,000, indicating relatively thick buy-side support in the $83,000–$79,000 range. At the same time, the difference between Binance Taker active buy and active sell transaction volumes has continued to rise, indicating an increase in active buying and a decrease in active selling.
Odaily News: Galaxy Research on-chain tracking shows that the US government transferred approximately 9,261 BTC, worth about $770 million, to Coinbase Prime over two days. Since the deposit address was first activated in December 2025, it has cumulatively received 11,567 BTC, of which 6,406 came from wallets already labeled as belonging to the US government, and 5,160 came from previously unlabeled wallets.
Of the 9,261 BTC transferred this time, nearly half can be traced back to Bitfinex hacker funds recovered by the US government, with some coming from previously known Binance-related seized assets; among them, 2,456 BTC previously had no clear government attribution label, but because they entered this address through the same path as government funds, they are currently regarded as US government seized assets. The US government currently holds approximately 319,100 BTC, of which about 71% comes from LuBian-related BTC and Bitfinex recovered funds.
In January 2025, a US federal court approved the return in kind of seized Bitfinex hacker funds to Bitfinex, and the main address holding approximately 94,600 BTC has still not moved. In October 2025, the US Department of Justice filed a civil forfeiture lawsuit against Chen Zhi and related assets, involving approximately 127,300 BTC; this batch of LuBian BTC entered addresses attributed to the US government between June and July 2024. Since 2013, US government-related addresses have received a total of approximately 555,300 BTC, worth about $16.1 billion at prices at the time; during the same period, approximately 236,200 BTC flowed out, worth about $3.8 billion at prices at the time. After excluding internal transfers between the government's own addresses, this transfer, based on labeled government addresses, ranks 9th among the largest single-day BTC outflows in US government history, and is also the largest since December 2, 2024. BTC being transferred to Coinbase Prime does not mean the US government has already sold it, and on-chain transfers alone cannot confirm the specific purpose of the funds.
Odaily reports that Vitalik posted on X platform that for multisig, the ideal security rule is for each signer to change their key after every operation. The implicit assumption of this rule is that ECDSA may become insecure, but will not be instantly broken, so it is still necessary to guard against mempool front-running. Vitalik stated that if possible, signatures should still be collected offline to minimize the time gap between "signature exposure" and "key invalidation"; misconfigured and rushed upgrades can easily lead to loss of funds, so do not act hastily.
Odaily News: According to an official Binance announcement, to facilitate a system upgrade by its partner broker, Binance's US stock trading services will be temporarily suspended from 18:50 to 21:00 (UTC+8) on October 10, during which users will be unable to submit stock trading orders.
This upgrade is scheduled outside normal US stock trading hours, and the actual downtime may end earlier or be extended. Once the upgrade is complete, stock trading services will automatically resume.
Odaily reports: Citi analysts said in a research report that driven by robust AI computing demand, the potential growth space for AI agents, and the emergence of a co-packaged optics (CPO) networking cycle, TSMC's revenue growth rate is expected to remain above 40% through 2027. The analysts said that given that most AI chip customers, including Nvidia, AMD, and Broadcom, are expected to see accelerating growth, TSMC's AI-related revenue growth could nearly double next year. As a result, Citi expects the market to continue raising its earnings estimates for TSMC.
Citi noted that supported by the strong revenue outlook, TSMC's capital expenditure could rise further to $81 billion in 2027 and $90 billion in 2028. Citi maintained its "Buy" rating on TSMC and raised its target price from NT$3,800 to NT$4,000. (Jinshi)
Odaily News: According to official sources, on October 8, full-stack technology infrastructure and tokenization solutions provider Asseto announced a partnership with licensed fund services provider AlfaR to jointly build a Digital Transfer Agency (DTA) service system. The system is built on Asseto's on-chain infrastructure, enabling fund shares and securities holder registers to be directly recorded and maintained on the blockchain, making on-chain records the official registry of ownership.
The two parties will advance long-term business and technology integration through a joint operation model. Asseto will be responsible for tokenization technology, on-chain infrastructure, and distribution networks, while AlfaR will provide end-to-end fund administration services including investor onboarding, NAV calculation, and transfer agency. The collaboration will start with fund products, connecting the entire process of investor onboarding, subscription, transfer, and redemption, providing asset managers with a one-stop on-chain fund operations service.
According to a September 1 announcement by the U.S. Securities and Exchange Commission (SEC), it plans to amend transfer agent rules to allow registered transfer agents to use blockchain as the official master securityholder file for the first time. The joint operation of the DTA service system by both parties will accelerate the implementation of this model.
According to an official announcement, South Korean crypto exchange Bithumb will list the PONS token on its Korean won market, with trading expected to open at 15:00 local time.
Odaily reports that according to Lookonchain monitoring, another Bitcoin whale transferred 4,500 BTC after more than 4 years of dormancy, worth $376 million.
Odaily News: First Digital is a Hong Kong-based digital asset company and the issuer of FDUSD. The company has entered into a definitive merger agreement with Nasdaq-listed CSLM Digital Asset Acquisition Corp III, with a pre-transaction valuation of $250 million. Upon completion of the transaction, the two parties are expected to form a new holding company and list on Nasdaq, with completion anticipated in the first half of 2027, subject to regulatory approvals and other closing conditions. As of June 30, 2026, FDUSD's cumulative trading volume has exceeded $4.7 trillion. For the fiscal year ended June 30, 2025, First Digital generated approximately $87 million in revenue. First Digital stated that FDUSD's reserve assets consist of cash and cash equivalents held in segregated accounts, with monthly attestations conducted by independent firms. The company's Finance District platform has launched 4 products to date but has not yet generated significant revenue.
Odaily: Standard Chartered Bank's Singapore branch plans to offer custody services for select crypto assets, stablecoins, and tokenized real-world assets to institutional investors. The bank stated that this service will expand its existing crypto asset custody business footprint, which currently covers the UAE, Luxembourg, and Hong Kong.
Odaily News: Analysis by security firm CertiK shows that a legacy MakerDAO auction keeper contract was exploited, with the attacker draining 200 ETH worth over $500,000. According to CertiK, the root cause is a lack of access control in the 0x8804d1de function within the keeper implementation contract. This contract was involved in the March 2020 "Black Thursday" liquidation crisis, where it won ETH at zero bids. Four lots of 50 ETH each were never settled, and the attacker used this to drain the funds, transferring them out via Tornado Cash in batches of 10 ETH each. This contract is not part of the current Sky ecosystem core, but old contracts still holding funds may remain potential attack targets.
Odaily reports that according to an official announcement, Upbit will list the PONS token on the KRW, BTC, and USDT markets, with trading set to begin at 14:00 KST on October 8.
Odaily News: The Kyrgyzstan government has decided to terminate the operations of its national stablecoin Gold Dollar (USDKG) and has requested the Ministry of Finance to liquidate the issuer EVA and the country's first state-owned cryptocurrency exchange, Coin Nomad Exchange. USDKG was launched in November 2025, positioned as a state-issued stablecoin backed by physical gold and pegged 1:1 to the US dollar, with a registered issuance of slightly over 50 million tokens, running on the Tron blockchain.
