Odaily: NG.CASH has announced the completion of a $15 million strategic funding round led by Blockchain Capital. The project is a Brazilian fintech company holding a direct credit company and payment institution license issued by the Central Bank of Brazil, and is currently applying for a virtual asset service provider license.
Odaily reports that according to Lookonchain monitoring, Bonk Guy (@theunipcs) bought 18.8 million SI for $164K, which is now worth $436K, once again making a profit of over $272K.
Odaily News: DTCC has announced a strategic partnership with iCapital and has made an investment in iCapital. The two parties will integrate DTCC's market infrastructure with iCapital's alternative investment platform to enhance efficiency in trade processing, data exchange, administration, and reporting in private markets, and plan to explore applications such as distributed ledger technology (DLT) and tokenization. iCapital currently serves approximately $1.2 trillion in platform assets.
Odaily reports that well-known trader Bonk Guy posted that the crypto market may be nearing a turning point. In a worst-case scenario, it could still experience several more weeks of decline or consolidation before potentially entering a sustained rally. He believes that if investors are highly bullish on a token's performance in Q4, the current risk-reward ratio favors actively buying the dip; if a token is expected to break a $1 billion market cap, then the difference between buying at a $20 million or $25 million valuation may not matter much.
Bonk Guy also stated that the biggest risk right now is missing the next rally due to the bearish sentiment on Crypto Twitter (CT). He advised against paying too much attention to 1-minute candles and suggested buying the dip and reducing short-term trading.
Odaily reports that Apollo Chief Economist Torsten Slok has warned that as AI agents begin autonomously managing household finances, they may shift low-interest demand deposits into higher-yield accounts, potentially triggering a "slow-motion bank run." Slok stated that the average interest rate on U.S. demand deposits is currently only about 0.1%, while platforms such as Revolut, SoFi, Varo, LendingClub, and Wealthfront offer deposit APYs ranging from 3.3% to 5%.
If households broadly adopt AI agents to automatically optimize cash yields, banks could lose the low-cost deposits used to fund lending, posing risks to the financial system. Slok also noted that AI agents can monitor balances in real time, compare yields across different institutions, and automatically move idle funds. (CoinDesk)
Odaily reports that Bloomberg ETF analyst Eric Balchunas stated that Simplify has submitted an alternative acquisition offer to acquire USCF's ETF at a slightly higher price than the previous proposal, and the two parties may enter a bidding war.
According to MSX.COM data, SpaceX (SPCX.O) turned lower in pre-market trading and is now down nearly 0.8%.
It is reported that one of Starship's engines flamed out, so it will not enter orbit today.
Odaily News: An investigation by US Senate Democrats claims that the stablecoin USDT issued by Tether has become a primary payment method for Iran. The investigation shows that among over 800 sanctioned crypto wallets, approximately 84% primarily or exclusively use USDT. The US Senate Permanent Subcommittee on Investigations previously stated that its review of blockchain records, sanctions lists, and asset seizure notices found that the sanctioned wallets were mainly distributed on the Tron and Ethereum networks and had conducted USDT transactions. (WSJ)
Odaily News: Database company MongoDB has announced that its President and CEO Chirantan "CJ" Desai has resigned from his position, effective immediately, to take on a senior executive role at Meta Platforms. The company's board of directors has reappointed Dev Ittycheria as interim President and CEO. He previously held both positions from 2014 to 2025.
The board has now initiated a search for Desai's permanent successor. Board Chairman Tom Killalea said in a statement: "MongoDB's business is strong, and Dev Ittycheria is the best person to serve as interim President and CEO. He knows the company well and has been serving as an actively engaged executive board member over the past year. He will step in immediately to ensure a smooth transition." Following the news, MongoDB's U.S. stock plunged 15% in pre-market trading.
Odaily News: According to on-chain analyst Yu Jin's monitoring, last week Bitcoin treasury company Strategy increased its holdings by 1,665 BTC at an average price of approximately $85,681, spending about $143 million; as of now, its holdings have grown to 847,666 BTC, with an average cost basis of $75,437, representing unrealized gains of approximately $6.731 billion. During the same period, Ethereum treasury company Bitmine increased its holdings by 17,362 ETH at an average price of approximately $2,710, spending about $47.05 million; as of now, its holdings have grown to 6,001,302 ETH, with an average cost basis of $3,337, representing unrealized losses of approximately $3.925 billion.
Odaily Report: For the first time since January this year, Bitcoin has returned to the level of 1 BTC being equivalent to 20 ounces of gold. (Bitcoin News)
Odaily News: Digital bank Revolut has announced that it has received approval from the Central Bank of Argentina to acquire Banco Cetelem Argentina, a subsidiary of BNP Paribas. Upon completion of the transaction, the institution will be renamed Revolut Bank Argentina S.A.U. and operate as a licensed bank, but will not initially offer products or services to the public, and will officially launch local operations after completing remaining regulatory and operational requirements. Revolut stated that more than 150,000 people have already joined the waitlist for its Argentina business. (Crowdfundinsider)
Odaily News: Bitmine Chairman Tom Lee stated that the company's total ETH holdings have now surpassed 6 million, a accumulation achieved in less than 15 months. Lee said Bitmine's holdings are approaching 5% of ETH's total supply, and the company has already seen the resulting synergies and network effects.
Lee also stated that the crypto market bull run began at the end of June, and there are still signs to confirm this; he believes institutional investors remain underallocated to crypto assets and are expected to increase their exposure in the final months of 2026. As of the third quarter to date, ETH has outperformed other macro assets by 6,728 basis points. (PRNewswire)
Odaily News: Cross-chain protocol Chainlink has released CCIP 2.0, allowing enterprises to add their own security checks for cross-blockchain transfers on top of its default network of 16 operator validators.
The upgrade comes after Kelp DAO suffered a $292 million hack in April, an incident attributed to a LayerZero cross-chain bridge setup using a single validator; Kelp DAO subsequently migrated its rsETH token to Chainlink.
Chainlink's risk management network no longer operates as a standalone security safeguard, and users who do not add their own validators will rely on one validation network rather than two. (CoinDesk)
Odaily News: According to an official announcement, Bitget has announced the launch of the "Peer Program," offering trading rewards, asset rewards, and exclusive benefits to different user groups in appreciation of users who continued to give their trust and support during recent security incidents.
For non-institutional users, Bitget will establish an exclusive reward pool using 30% of the platform's trading fee revenue. Within the pool, 60% will be distributed based on user trading volume, and 40% will be distributed based on asset value, with rewards issued in USDT.
In addition, Bitget will provide eligible V1 to V7 users with 30-day tier protection trial cards before October 1, which can be activated in the coupon center. The campaign period is from September 28 to October 26, divided into four cycles of 7 days each. Specific campaign rules are subject to Bitget's official page.


