Odaily News: In a recent interview, Changpeng Zhao (CZ) stated that external estimates of his net worth exceeding $114 billion are clearly inflated, and that his actual wealth is approximately $10 billion to $30 billion. He believes that wealth has diminishing marginal utility, noting that $10 million is already enough to support a comfortable daily life, and that beyond that amount, the improvement in personal quality of life is limited. CZ revealed that after first hearing about Bitcoin in Shanghai in 2013, he spent several months researching it, then sold a three-bedroom property and invested the entire $900,000 from the sale into Bitcoin. Regarding MGX's $2 billion investment in Binance, he said the deal valued Binance at $75 billion. He originally hoped to settle the transaction in Bitcoin, but the UAE investor preferred stablecoin payment due to concerns about price volatility. In response to claims that Binance designated USD1 for settlement, CZ denied this, saying the settlement currency was chosen independently by MGX. He also stated that as long as a stablecoin has a solid reputation and will not lose value in the short term, he does not pay much attention to the specific type. CZ is no longer involved in Binance's daily operations and management and serves only as a passive shareholder; Binance has withdrawn its previous lawsuit regarding related reports.

Odaily: Prediction market platform predict.fun posted "Soon" on X, accompanied by an image featuring a token with the letter "P," hinting at a potential token launch.

1. CZ responds to "oracle-like prediction": Always bullish on Bitcoin, accuracy rate will be slightly above 50%;

2. U.S. HYPE spot ETF recorded total net outflow of $2.7059 million in a single day;

3. U.S. SOL spot ETF recorded total net outflow of $9.2451 million in a single day;

4. Tom Lee: BMNR outperformed ETH by 731 basis points in the first 9 months of this year;

5. Flying Tulip's first sale issues ERC-721 perpetual option NFTs, Andre Cronje says NFTs should not just be JPEG wrappers;

6. CFTC proposes federal regulatory framework for retail crypto leveraged trading, plans to create new "crypto asset market" category;

7. Planning to invest over $100 million, Fairshake will support 32 House candidates;

8. GMGN deposits 12,000 ETH worth $32.57 million in fee revenue into Ethereum for staking;

9. Bitcoin's best trading days are difficult to predict; excluding the best 15 trading days over the past three years, cumulative returns turn to a loss of 11%;

10. A suspected profit-taking address that gained $1.27 million in a month deposited 654,288 UNI to Coinbase.

According to Lookonchain monitoring, a newly created wallet withdrew 7,166 ZEC worth $9.67 million from Coinbase over the past 12 hours.

Odaily reports that Rajath Alex posted on X stating that Polymarket has launched its next-generation prediction market smart contract system, Protocol V2. V2 adopts a single ERC1155 position contract, unified pUSD collateral, a single exchange, and a single router. It initially supports binary, atomic negative risk, incremental negative risk, and combinatorial markets, with settlement compatible with UMA and Chainlink oracles. The code has been audited by Cantina, Certora, and other firms, with Certora completing formal verification, and bug bounties reaching up to $5 million. Canary trial markets launched from October 5 to October 30, with brand-new markets expected to go live on V2 on November 2. Existing CTF markets and positions remain unchanged, and Data API V2 is launching simultaneously.

Odaily reports that a community user posted that CZ posted on September 16, 2026, saying "Every dip is an opportunity," when Bitcoin was priced at around $75,800. In response, CZ said: "That post was purely coincidental. It's only correct slightly more than 50% of the time, because I'm always bullish."

According to SoSoValue data, yesterday (October 5, US Eastern Time), HYPE spot ETFs recorded a total single-day net outflow of $2.7059 million.

Yesterday, only the 21Shares Hyperliquid ETF (THYP) saw a net outflow, with a single-day net outflow of $2.7059 million. Its total historical net inflow currently stands at $52.1449 million.

As of press time, the total net asset value of HYPE spot ETFs is $515 million, with a HYPE net asset ratio of 2.44%. Cumulative historical net inflows have reached $343 million.

Odaily News: According to SoSoValue data, yesterday (October 5, U.S. Eastern Time), SOL spot ETFs recorded total daily net outflows of $9.2451 million.

The SOL spot ETF with the largest net outflow yesterday was the Bitwise Solana Staking ETF (BSOL), with a daily net outflow of $7.1213 million. Its cumulative historical net inflow currently stands at $1.212 billion.

Next was the Fidelity Solana Fund ETF (FSOL), with a daily net outflow of $2.1238 million. Its cumulative historical net inflow currently stands at $232 million.

As of press time, the total net asset value of SOL spot ETFs is $1.930 billion, with a SOL net asset ratio of 2.72%. Cumulative historical net inflows have reached $1.599 billion.

Odaily News: Tom Lee posted on X platform that as the crypto market enters what he considers a bull market cycle, ETH price declined 10% in the first 9 months of 2026, while Bitmine's BMNR stock only fell 3%, relatively outperforming by 731 basis points. BMNR repurchased 21 million shares in 2026; from the third quarter of 2026 to date, ETH has outperformed the S&P 500 index by 6,832 basis points.

Odaily News: U.S. Democratic Representative Don Davis of North Carolina introduced the "Ban on Betting on Your Own Election Act" on Monday, which seeks to prohibit candidates for federal office from trading contracts related to their own elections on prediction markets. Violators would face fines of $10,000 or 3 times the net trading profit, whichever is higher. The proposal stems from an earlier incident in which Davis's Republican campaign opponent, Laurie Buckhout, reached a settlement with a platform after trading contracts related to her own candidacy, paying a fine of slightly less than $2,600 and being suspended from using the platform for three years. Prediction market platforms had previously imposed their own restrictions on candidates trading contracts related to their own elections, and Davis hopes to write those restrictions into law; however, because the House and Senate are not scheduled to resume sessions until after the midterm elections, the proposal is almost impossible to implement during this election cycle.

Odaily News: Hunter Biden posted on X, reposting the latest interview content, once again responding to allegations that the previously launched LAPTOP token was a scam.

Hunter Biden stated that when the LAPTOP token launched, a market maker provided approximately $5,000 in liquidity, so a $6 buy could potentially drive its market cap up by about 5%. Hunter Biden also said that relevant wallet records can prove the project is not a scam, and responded to outside questions about the LAPTOP token's first-minute trading activity and project transparency. He also stated that many Democrats have misconceptions about the crypto industry.

Odaily Report: Andre Cronje posted on X platform stating that he has long believed NFTs can and should serve purposes beyond "JPEG image wrappers." The Flying Tulip project issued perpetual options to participants in its first sale, with these options issued as ERC-721 NFTs, encompassing FT tokens and the right to redeem invested funds if the project's direction does not meet expectations. Andre Cronje stated that this design provides investors with "full downside protection while retaining upside exposure." Users can trade FT tokens on the secondary market or purchase PUT options on Flying Tulip's perpetual options market.

Odaily News: Singapore-based fintech company IPID has announced the completion of a $16 million Series A funding round, led by Foundation Capital, with participation from Citigroup, HSBC, and existing investors QED Investors, Monk's Hill Ventures, and Quona Capital. The new funds will be used to optimize its global payment intelligence network and expand into U.S. payment rails, stablecoins, and digital asset markets.

Odaily reports: According to MSX.COM data, at the U.S. stock market close, the Dow Jones Industrial Average rose 0.18%, the S&P 500 Index rose 0.66%, the Nasdaq rose 1.05%, and the VIX fear index rose 1.37%. AI-related stocks rose broadly, with Tempus AI up 9.03%, Atlassian up 4.66%, Intuitive Surgical up 3.71%, Astera Labs up 3.43%, and Baidu up 3.17%.

It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token targets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.

Odaily reports that according to the latest Gate data, gold prices have risen to $4,150.89 per ounce, up 0.21% on the day. Silver prices have climbed to $61.178 per ounce, up 0.56% on the day.

In forex, the US dollar against the offshore Chinese yuan (USD/CNH) is up 0% on the day, with the current exchange rate at 6.70334. The US dollar against the Japanese yen (USD/JPY) is down 0.05% on the day, with the current exchange rate at 157.81.

In global stock indices, the Euro Stoxx 50 index (EUSTX50) is up 0.56% on the day at 6,259.06 points; the UK FTSE 100 index (UK100) is up 0.1% on the day at 10,523.3 points; the German DAX 40 index (GER40) is up 0.1% on the day at 25,344.3 points.

In commodities, WTI crude oil is up 0.12% on the day at $91.64 per barrel. Brent crude oil is up 0.15% on the day at $104.09 per barrel.

Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, achieving deep integration between crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platforms, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the diversified asset allocation experience.

Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) has issued a "no-action" relief allowing Designated Contract Markets (DCMs) to convert certain existing contracts that already substantively possess perpetual contract characteristics into "true" perpetual contracts without expiration dates. The relief is valid until October 20. Exchanges must seek input from holders of open positions before conversion, provide advance notice and an opportunity to exit, and offer risk disclosures.