Odaily: Luke Pettit, Assistant Secretary for Financial Institutions and Acting Deputy Under Secretary for Domestic Finance at the U.S. Department of the Treasury, will leave his position in October to move to the private sector. Luke Pettit previously led the Trump Accounts children's savings account project and was involved in work related to the GENIUS Act and the CLARITY Act.
Odaily News: The European Securities and Markets Authority (ESMA) has updated the MiCA register, with BCash, Xenios Blockchain Group, Capital Wallet Greece, and Piraeus Bank becoming the first batch of Greek crypto asset service providers to be included. The register added 6 institutions from Germany, France, and Slovenia, bringing the total number of registered institutions to 359.
The Hellenic Capital Market Commission (HCMC) is responsible for supervising the first three institutions, while the Bank of Greece oversees Piraeus Bank. The HCMC denied that its officials had communicated with European Central Bank (ECB) officials regarding Binance's Greek MiCA application, and also denied making any statements about Lagarde intervening in the application; Binance withdrew its application on June 24. (Cointelegraph)
Odaily News: Former U.S. Commodity Futures Trading Commission Chairman Rostin Behnam said that as prediction markets grow, Congress needs to clarify the boundary between risk management and gambling, and related litigation may ultimately reach the U.S. Supreme Court.
He noted that after the Clarity Act failed to advance in the Senate, the CFTC relying on existing authority to regulate spot markets is like "patching things together with tape and paper clips," and regulators need to establish more durable rules.
According to Gate data, Brent crude oil (XBRUSD) has fallen to $102/barrel, currently at $101.89/barrel, down 3.4% in 24 hours.
Odaily reports that according to monitoring by neil lee (@neillee99), they claim to have withdrawn approximately 50 BTC from Binance on July 8, converted it into SolvBTC and BTC+ to earn approximately 3% annualized yield, after which BTC+ minting and redemption functionality was suspended. On July 22, Solv Protocol publicly disclosed the related security incident and stated that assets were not affected; on July 31, the project team said functionality had been restored, but their address remained restricted, and approximately 50 BTC still cannot be redeemed to this day. They claim to have submitted proof of fund sources and wallet control, and called on Binance and investors to pay attention.
Odaily News: On the decentralized perpetual contract exchange Hyperliquid, ETH open interest stands at approximately $3.02 billion, having surpassed BTC's approximately $2.8 billion. Hyperliquid's total open interest is approximately $18 billion, setting a platform record and accounting for roughly 8.7% to 10.9% of global perpetual contract open interest; since 2026, ETH and BTC have repeatedly alternated leadership on this metric.
Odaily News: Meta Platforms (META.O) launches Muse for small businesses and expands AI capabilities. (Jinshi)
Odaily reports that glassnode posted on X that Bitcoin is currently hovering below major supply concentration zones, with the $84,000 to $85,000 range holding more long-term holder supply than any other price range. A rally can only continue if the price breaks above and holds this zone.
Odaily News: Citi announced on September 28 that it has launched its enterprise-grade tokenized deposit service, Citi Token Services, in Japan and the UAE. Clients in Japan can transfer funds to accounts in already-enabled regions such as the US, UK, and Singapore almost instantly; the service supports USD in Japan, and cross-border transfers can be conducted 24/7 year-round.
The service is backed by bank deposits and processed on a permissioned chain managed by Citi, requiring no new account or crypto wallet. Its coverage has now expanded to 7 markets, including the US, Ireland, Hong Kong, Singapore, the UK, Japan, and the UAE.
Odaily News: Some analysts expect that the 10-year U.S. Treasury yield could rise to 6%, driven by concerns over the federal fiscal deficit, debt growth, and capital competition. Since the end of 2023, the yield has risen to 5.23%, while Bitcoin's price has roughly doubled to $86,000.
If yields rise due to fiscal concerns, investors may seek alternatives to government debt, and Bitcoin could benefit; if the rise in yields is driven by the Federal Reserve tightening monetary policy again, Bitcoin could come under pressure. (CoinDesk)
Odaily: OpenAI will launch around-the-clock AI agents at its DevDay. (Axios)
Odaily News: Ethereum treasury company BitMine Immersion Technologies held 6,001,302 ETH as of Sunday, representing 4.9% of the 122.1 million ETH total supply it cites, and is about 103,700 ETH away from its goal of holding 5% of the supply.
The company has purchased an average of approximately 21,600 ETH per week over the past 12 weeks. If it maintains this pace, it could reach the target in about 4.8 weeks, possibly in early November. Chairman Tom Lee said the company will reassess in 2027 whether to continue increasing its holdings beyond 5%. (Cointelegraph)
Odaily News: South Korea's Kakao Pay Securities has signed separate memoranda of understanding with Ondo Finance and Dinari to explore the tokenization of Korean-listed stocks, aiming to broaden access for overseas investors.
Under the plan, Kakao Pay Securities will purchase and hold underlying stocks through omnibus accounts for overseas investors and issue tokens based on those holdings for distribution abroad. The three parties plan to form a joint working group within this year to study stock sourcing and custody, token issuance and redemption, stock-to-token reconciliation, and how shareholder rights such as dividends and voting should be reflected. Kakao Pay Securities will explore leveraging Ondo Finance's global distribution network and conduct a proof of concept with Dinari to confirm technical feasibility. Commercialization and timelines have not yet been determined.
Odaily News: The Ethereum Foundation has announced that the Glamsterdam network upgrade will be activated on the Sepolia testnet at 21:53:36 Beijing time on October 6, 2026, corresponding to epoch 353,024 and slot 11,296,768. This upgrade integrates the execution layer Amsterdam with the consensus layer Gloas, and includes improvements such as enshrined proposer-builder separation, block-level access lists, and Gas pricing adjustments.
The activation times for the Hoodi testnet and the Ethereum mainnet have not yet been determined. Node operators need to update their execution layer and consensus layer clients before activation, while mainnet users and ETH holders do not need to take any action for the time being.
