Odaily reports: TIA contracts are currently trading at $0.75, up about 18% from the previous day. One whale holds a long position of approximately 1.1195 million TIA using 5x cross margin, with a position value of about $820,000, an unrealized profit of about $289,000, and a position return of about 272%. The position remains open. Another whale holds a short position of approximately 1.4295 million TIA using 5x cross margin, with a position value of about $1.07 million, an unrealized loss of about $342,000, and a position loss of about 236%. This address added approximately 23,400 TIA to the short position at around $0.65 yesterday, and the position remains open.

Odaily reports: Robinhood CEO Vlad Tenev penned an article reflecting on the company's rebuilding journey after going public. He disclosed that after the stock price plummeted, he decided to cut staff, streamline management layers, and delegate decision-making authority to individual business leaders. On the business front, Robinhood has strengthened services for active traders on one hand, while expanding products such as high-yield accounts, retirement accounts, banking and wealth management services, and credit cards on the other, using services like Robinhood Gold to increase recurring revenue and reduce reliance on speculative trading enthusiasm.

Vlad Tenev disclosed data showing that Robinhood achieved GAAP profitability by the end of 2023, reached $4.5 billion in revenue in 2025—a year-over-year increase of over 50%—surpassed $100 billion in market capitalization, and was included in the S&P 500 index; in the second quarter of 2026, revenue exceeded $1.3 billion, net profit surpassed $573 million, and platform customer assets exceeded $350 billion.

Odaily: Recently disclosed U.S. federal court documents show that Telegram provided personal information of specific users to U.S. law enforcement after receiving valid legal requests.

The documents show that the information Telegram provided in September 2026 included users' phone numbers, user IDs, account display names, and last login IP addresses and timestamps. Telegram stated that this data provision was voluntary, does not represent its acknowledgment of being subject to U.S. jurisdiction, and did not disclose chat content or contact information.

It is reported that Telegram adjusted its privacy policy in September 2024, allowing it to disclose users' IP addresses and phone numbers to judicial authorities when relevant conditions are met. Throughout 2024, Telegram responded to approximately 900 U.S. law enforcement requests involving 2,253 users. (404 Media)

Odaily Report: In under 30 minutes, the AI model Claude cracked a puzzle that had baffled the cryptography community for roughly 25 years regarding the origins of the US National Security Agency's (NSA) elliptic curve parameters, tracing the elliptic curve seeds adopted by the National Institute of Standards and Technology (NIST) in 2000 back to an older random number generation program used between 1997 and 1998.

Claude found that five sets of NIST elliptic curve seeds were related to the lrand48 random number generator in an older C language software library, and among the 1,842nd candidate result, it found a value that exactly matched the seed of the widely used P-256 curve, successfully reproducing its generation process.

Previously, because the NSA had long failed to explain the source of the relevant parameters, there had been persistent suspicions that an encryption backdoor might exist. Anthropic stated that this discovery greatly reduces the likelihood that the relevant parameters were deliberately implanted with weaknesses, and that existing NIST elliptic curve users need not take additional measures.

In addition, Bitcoin uses a different elliptic curve, secp256k1, and is not affected by this incident. The related research bounty of $36,864 will be donated to the Internet Security Research Group, the nonprofit behind Let's Encrypt.

Odaily reports: In its weekly report on October 9, Intersect stated that the Cardano 2026 treasury reserve smart contract has so far managed 201.67 million ADA, 26.1 million USDCx, and 4.8 million USDM, meaning that part of the development budget is no longer directly dependent on the ADA price. Previously, on October 2, Intersect said that two budgets had been minted into the dollar stablecoin USDM through Moneta Digital and deposited into the smart contract: the governance and technical custody budget was 4.505955 million USDM, scheduled through July 29, 2027; and Se7en Labs' Daedalus wallet project budget was 316,253.88 USDM, scheduled through September 29, 2027. USDCx is fully backed by USDC through Circle's xReserve. Burning USDCx releases USDC on Ethereum, which usually takes about 2 to 4 hours; Circle, Input Output, and Midgard can all pause the bridge. USDM issued by Moneta can be redeemed directly for U.S. dollars only through accounts that have passed identity, anti-money laundering, and sanctions screening, and is currently available only to residents of 20 U.S. states.

Odaily: Ethereum co-founder Vitalik Buterin posted on X that Bitcoin mining costs are roughly split evenly between capital expenditure on computing equipment and electricity costs, whereas artificial intelligence inference costs are almost entirely dominated by capital expenditure on computing equipment.

This difference reflects the distinct cost structures of Bitcoin mining and AI inference.

Odaily reports that according to official Bitget data, the sixth batch of rewards under the platform's "Peer Program" has been fully distributed, with cumulative rewards totaling 6,182,523 USDT and a cumulative total of 4,515,913 recipients.

In addition, after users visit the event page to claim their rewards, they can also receive an extra chance to draw an 8th anniversary surprise mystery box. The event will continue until October 26.

Odaily Report: Bulgarian bank Postbank plans to launch investment features for stocks, ETFs, crypto assets, commodities, and metals on its mobile banking app in early 2027, with the service to be provided through a partnership with an international investment platform. Previously, Bulgaria's First Investment Bank (Fibank) also announced plans to offer cryptocurrency investment services through its mobile banking app in early 2027, in partnership with Austrian digital asset platform Bitpanda. According to the latest data from the Bulgarian National Bank, as of the end of June, Postbank was the fourth-largest bank in Bulgaria by assets.

1. Spot Bitcoin ETFs recorded total net outflows of $82.3893 million yesterday, with Fidelity's FBTC leading with net outflows of $10.609 million;

2. Spot Ethereum ETFs recorded total net outflows of $69.6827 million yesterday, marking 3 consecutive days of net outflows;

3. Jump Trading and DRW are moving into the AI compute derivatives market, planning to provide market-making services for compute futures on exchanges such as CME;

4. CZ responds to mass deletion of old tweets: only testing AI tools to clean up reposted content, no original posts were deleted;

5. Anthropic lobbies US Congress to advance AI safety legislation, proposing thresholds for government intervention to halt models at over $1 billion in losses or 50 casualties;

6. Bitcoin holdings remain at 0, Bitdeer sold 294.2 BTC this week;

7. Strategy's risk of being removed from MSCI may already be priced in; net mNAV falling below 1 could present an investment opportunity;

8. Strategic reserves reach 7,807 BTC, El Salvador purchases 1 more Bitcoin;

9. Nvidia CEO: AI market turbulence will eventually pass, large-scale hardware investment will ultimately generate returns;

10. "White Hair Stock God" Serenity: Long-term demand prospects for memory chips are clear, but the market remains concerned about the sustainability of AI investment and financing risks;

11. Gemini's $5 million settlement agreement rejected for revocation, paid fines and permanent injunction upheld.

Odaily reports: According to BitBank, BitBank has launched the BitPay payment card and the BitSIM communications card, aiming to use them as dual-core entry points to integrate digital identity, global payments, mobile communications, and blockchain finance, promote the transition of digital assets into real consumption scenarios, and build a global Web3 digital life ecosystem.

In terms of underlying asset layout, the BitBank Foundation is advancing the physical deployment of Bitcoin mining machines in the Asia-Pacific region, with BTC physical computing power, the treasury system, and the BTCX ecosystem token as the core, linking DeFi staking, global communications, and payment applications to build an "asset-service-consumption" ecosystem loop.

In terms of decentralized governance, according to disclosures from the BitBank Foundation, BitBank has completed the renunciation of management permissions for all relevant smart contracts, further reducing human intervention, promoting transparency of on-chain rules and DAO community autonomy, and laying the foundation for the ecosystem's long-term development.

Odaily: Quantitative trading firms Jump Trading and DRW are dedicating trading teams and proprietary capital to enter the emerging AI compute derivatives market.

Jump Trading has assembled a dedicated trading team and plans to use its own balance sheet to bear trading risk, providing market-making services for the compute futures that CME Group and Silicon Data plan to launch, as well as for competing contracts from Intercontinental Exchange (ICE) in partnership with Ornn.

DRW plans to participate in compute trading through three teams employing different strategies. It has already planned to trade Silicon Data's related products but has not yet decided whether to participate in other compute contracts.

Analysts noted that the compute derivatives market still faces challenges such as insufficient price transparency, significant GPU price disparities across different regions and configurations, and the inability to store compute. (Bloomberg)

Odaily: A whale trader (0x9c6) opened a 20x leveraged long position on SOL, with the current position value at approximately $57.5 million and an entry price of $80.86. Based on SOL's current price of $104.43, the position has an unrealized profit of about $13 million. The trader opened the position about a month ago and has not closed it to date; the account is currently worth approximately $24.2 million.

According to SoSoValue data, yesterday (October 16, US Eastern Time), Ethereum spot ETFs recorded a total net outflow of $69.6827 million.

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF ETHA, with a single-day net outflow of $69.6827 million. ETHA's historical cumulative net inflow currently stands at $12.494 billion.

As of press time, the total net asset value of Ethereum spot ETFs is $14.946 billion, with the ETF net asset ratio (market value as a percentage of Ethereum's total market value) reaching 5.07%, and historical cumulative net inflows having reached $12.940 billion.

According to SoSoValue data, Bitcoin spot ETFs recorded a total net outflow of $82.3893 million yesterday (October 16, US Eastern Time).

The Bitcoin spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF IBIT, with a single-day net outflow of $71.7803 million. IBIT's historical total net inflow currently stands at $65.568 billion.

Next was Fidelity's ETF FBTC, with a single-day net outflow of $10.6090 million. FBTC's historical total net inflow currently stands at $10.455 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $104.290 billion, with the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) reaching 6.35%, and historical cumulative net inflows have reached $56.878 billion.

Odaily: Bitdeer posted on X that as of October 16, this week's Bitcoin production was 294.2 BTC, all of which have been sold, with a net increase of 0 BTC. Its current Bitcoin holdings stand at 0 BTC, excluding customer deposits.

Odaily: Anthropic is privately lobbying US congressmembers to advance a draft frontier AI safety bill that would stipulate the government may only seek to suspend a model's operations when an AI model poses specific foreseeable and imminent risks that could cause more than $1 billion in economic losses or result in at least 50 deaths or serious injuries.

The draft limits regulatory trigger conditions to three categories of risk: the development or proliferation of biological weapons, AI models escaping developer control, and cyberattacks. It also requires AI developers to conduct transparent safety testing and undergo independent third-party assessments. Assessment agencies that identify relevant risks must report to the US Department of Commerce within 72 hours, after which the Department of Commerce would apply to a federal court to suspend the model's operations, with the final decision resting with the court.

Additionally, the draft proposes restricting the authority of other US government departments and officials to independently halt AI model development, deployment, or internal use. Anthropic stated that the proposal aims to establish a safety assessment mechanism while giving the government the ability to block the deployment of dangerous models. The draft is currently still in the lobbying stage and has not yet become law. (Reuters)