Odaily reports: Abu Dhabi-based listed esports company NIP Group has announced that it has signed an agreement to acquire Bitcoin mining equipment with a total hashrate of approximately 4.47 EH/s, bringing its total deployed hashrate to approximately 13.85 EH/s. The transaction is valued at up to $27.3 million, and the company will issue up to 247.1 million Class A ordinary shares to the seller.

NIP Group expects that once all related equipment is deployed, the mining farm's monthly output will reach approximately 195 BTC, up from its previous target of 160, valued at approximately $16 million at then-current prices. The equipment is already running at hosting facilities and can immediately increase Bitcoin output upon completion of the transaction.

NIP Group launched its Bitcoin mining business in July 2025 and has been gradually scaling its hashrate to higher levels. The company said the additional hashrate will serve its digital infrastructure strategy, and it plans to expand into AI, high-performance computing, and gaming applications. (Bitcoin.com News)

Odaily reports that USDC Treasury minted two batches of 250 million USDC each on the Solana network at 03:47 and 03:49 Beijing time, totaling 500 million USDC, valued at approximately $500 million. Both transactions were executed by the USDC mint authority address.

Odaily reports that Coinbase has suspended BLAST trading and reminded users to withdraw their assets before October 26; any BLAST not transferred out of Coinbase before that date will be inaccessible after the Blast network shuts down. Previously, Blast announced it would cease operations and advised users to withdraw their assets to the Ethereum mainnet before October 26; Upbit also plans to delist BLAST on October 26.

Odaily report: According to Bitcoin News monitoring, two wallets that had held Bitcoin for 12 and 13 years without any transfers moved their entire balances this weekend, totaling approximately 416.7 BTC, worth about $33.8 million, and sent them to the same address. According to Onchain Lens, when these Bitcoin first arrived, the Bitcoin price was close to $127 and $355 respectively, representing returns of approximately 638x and 229x, with the two originally worth about $105,000 in total.

Odaily: Kamino has announced that, following an extensive security review, it has established Chainlink CCIP as the risk assessment standard for cross-chain collateral. Assets secured by CCIP can now obtain higher borrowing caps and LTV (loan-to-value) ratios across Kamino's various markets. Kamino stated that as it expands support for institutional-grade tokenized collateral, cross-chain security has become a core element of market design; Chainlink has also confirmed this arrangement.

Odaily reports: LayerZero announced on X that its Layer 1 blockchain Zero mainnet and trading engine lzATLAS will launch on November 30. lzATLAS is the first application to launch on Zero, starting with Open ATLAS, and will support over ten trading venues at launch, with more venues to be integrated within the year. LayerZero stated that the mainnet will initially focus on open markets, and institutions are already testing lzATLAS in large market scenarios such as U.S. equities, with various trading venues integrating trading infrastructure and testing order execution and settlement.

Odaily reports: Optimum has announced that its block propagation software mump2p has officially launched on the Ethereum mainnet. ether.fi previously offered the software as an optional feature, but has now mandated its adoption across all 12 of its node operators. Currently, a total of 16 node operators are running mump2p in production environments, collectively managing approximately 22,000 validator keys and over 1.4 million staked ETH, accounting for more than 3% of Ethereum's total staked supply. Partners include Blockdaemon, Everstake, P2P.org, Stakefish, and Bitcoin Suisse.

mump2p operates as a sidecar gateway, rather than replacing Ethereum's default GossipSub, it layers on top of libp2p and uses random linear network coding technology. Optimum claims that mump2p achieves block arrival speeds 2.42 times faster than GossipSub, with arrival time variance reduced by approximately 7.88 times. Optimum is led by MIT professor Muriel Médard and launched its private testnet in June 2025. The company previously completed an $11 million seed round led by 1kx and plans to expand to other high-throughput blockchains beyond Ethereum.

Odaily reports that Bitcoin Treasuries posted on X that Vanguard's Mid-Cap Index Fund has increased its holdings in Bitcoin treasury company Strategy by 639,039 shares, valued at $92.7 million. It currently holds a total of 7.8 million Strategy shares, with a holding value of $1.13 billion, representing a 9% increase in its position.

Odaily reports that Bitcoin News posted on X that most of Revolut's services in the UK have still not been restored more than 10 hours after the outage began. The official status page shows that 23 services are partially unavailable, including card payments, bank transfers, ATM withdrawals, currency exchange, crypto trading, stock trading, and account access. The outage has also affected commercial banking services, merchant payments, identity verification, and authentication. Revolut said it is investigating the incident and working on a fix, but has not yet estimated when all services will be fully restored.

Odaily: The joint venture OKXICE, formed by cryptocurrency exchange OKX and Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, disclosed in an updated announcement that it has received objection notices from 16 issuers, involving companies such as Alphabet, Microsoft, and Goldman Sachs.

Andrew Cuomo, co-chairman of OKXICE and former Governor of New York, stated that these notices do not constitute objections, and that some companies simply want to observe how the tokenized stock model operates before making a decision, adding that he expects more companies to raise similar concerns.

OKXICE's proposed platform plans to cover 62 companies listed on U.S. exchanges, of which about 25% have raised objections. The platform is intended to operate 24/7 through permissioned Uniswap v4 liquidity pools deployed on XLayer, with tokenized stocks paired respectively with Tether's USDt, Circle's USDC, or Global Dollar's USDG. (Cointelegraph)

Odaily reports: NEAR Protocol has launched NEAR Business, a confidential multisig treasury management platform for crypto-native teams and institutions, supporting payroll disbursement, vendor payments, cross-chain swaps, and capital allocation within a single dashboard, covering more than 35 blockchains including Bitcoin, Ethereum, and Solana, as well as over 200 assets. Cross-chain transfers are completed through NEAR Intents, and the platform runs on NEAR's private sharding infrastructure, keeping transaction details confidential while remaining auditable. The platform is currently free to use, with a 0.35% fee on swaps, and is available to invited users only.

Odaily reports: Prediction market platforms Kalshi and Polymarket expanded ahead of the US midterm elections in November, with combined monthly trading volume reaching $53 billion in July, more than double the $26 billion recorded in May, with trading concentrated primarily in sports.

Political trading accounted for a relatively small share, with Polymarket averaging about $2 billion per month this year and Kalshi under $300 million; as of July, trading volume around which party controls the House and Senate had exceeded $30 million.

The US Commodity Futures Trading Commission (CFTC) had previously prohibited Kalshi from listing congressional control contracts and at one point proposed classifying election contracts as gambling. The agency withdrew the relevant proposal in February and on June 10 published a structured event contract framework proposal that would not classify elections as gambling. Kalshi launched its Midterms Hub the same month, displaying traders' implied probabilities for individual districts alongside polling averages.

Chuck Todd, former NBC News political director and former host of Meet the Press, will host the NEXTPredict summit in New York on October 22–23. He said he hopes to understand the extent to which pollsters and prediction markets need and influence each other, and whether trading is used for hedging or entertainment. Research by the Anti-Corruption Data Collective found that a $3,500 bet could move 97% of midterm election-related market prices by at least 5 cents; Morgan Stanley, after studying more than 72 million Kalshi trades, found that prices closely tracked outcomes. (Decrypt)

Odaily report: Cryptocurrency exchange Coinbase has reached a partnership with Singapore-based payment network Thunes to connect stablecoin transfers with bank account and mobile wallet payouts, covering billions of accounts. The partnership targets vendor payments, gig income disbursements, and international remittances, with recipients able to receive funds in real time via bank accounts or mobile wallets.

Coinbase will integrate Thunes' Direct Global Network, gaining the ability to receive funds through local clearing systems and alternative payment methods. Thunes is responsible for the "last mile" of funds entering recipients' bank accounts and mobile wallets, with its network covering more than 140 countries and over 90 currencies.

Coinbase will provide stablecoin infrastructure to help Thunes further incorporate relevant tokens into its business operations. Thunes said its network connects more than 12 billion mobile wallets, stablecoin wallets, and bank accounts, and covers over 220 payment methods. (Bitcoin.com News)

Odaily reports: According to Odaily monitoring, a certain address's contract account has accumulated losses of approximately $38.1879 million, with the official figure including unrealized PnL. Between 22:51 and 23:15 on October 20, 2026, it closed a BTC long position worth approximately $3.2378 million, then opened a BTC long position worth approximately $3.2407 million and a BTC short position worth approximately $3.7572 million.

Address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925; Total PnL: -$38.1920 million (sample as of 2026-10-20 22:51)

Odaily: Bitcoin Treasuries posted that Strive (ASST) is pushing for the second spot on the Bitcoin treasury rankings, with a funding round of $700 million that was 2x oversubscribed. As of now, cumulative Bitcoin treasury holdings have reached 36,818 BTC. SATS has begun trading. @GrafYves, @TheOtherParker_, and @TylerCompiler will provide analysis on this, and the discussion also touches on whether STRC has a pricing discrepancy relative to SATA.

Odaily: Coinbase will add support for Axis Labs (AXIS). Users can now generate an AXIS deposit address on the Coinbase website, Coinbase app, and Coinbase Exchange, but only in regions where trading is supported. AXIS deposits will be unavailable until the asset issuer unlocks transfers.