Aethir's digital asset library POAI is listed on Nasdaq, with plans to purchase $45 million in ATH
Aethir's co-founder announced that its digital asset reserve (DAT), Predictive Oncology (NASDAQ: POAI), has officially launched on the Nasdaq under the ticker symbol $POAI. Over the next 45 days, the reserve will purchase $45 million worth of $ATH from the open market. This follows news that Predictive Oncology has completed a $343.5 million PIPE financing round to support its ATH token treasury strategy.
This morning, the price of IOTX on Binance briefly dropped to $0.00000 before recovering to $0.01354. IoTeX officials acknowledged this extreme market volatility and confirmed the IoTeX network and all on-chain assets are fully secure and operating normally. The official team is closely monitoring market conditions and coordinating with partners to ensure stability. Related reading: $19.1 billion in liquidations in 24 hours: Why is the crypto market suffering a bloodbath?
According to Lookonchain, a Bitcoin OG account profited over $160 million within 30 hours by closing most of their BTC and ETH short positions. Currently, the account's short position is limited to 821.6 BTC (approximately $92 million). Yesterday, news broke that the Bitcoin OG had shorted ETH with 12x leverage, using $30 million, worth approximately $330 million.
According to a Binance announcement, the platform experienced price decoupling of USDE, BNSOL, and WBETH, triggering forced liquidations for some users. Binance stated that it has begun reviewing affected accounts, liquidation details, and compensation measures, and is strengthening risk controls to mitigate the risk of similar incidents. The announcement stated that the incident is of high significance and that further updates will be provided.
Crypto.com and Wintermute deny crash rumors, claiming systems are operating normally
Crypto.com CEO Kris Marzsalek responded on Twitter, stating that "the system is operating perfectly and the FUD is unfounded." A member of the Wintermute team (@Arn_Wintermute) also expressed confusion over the "unfounded FUD." Rumors of Wintermute and Crypto.com being severely impacted/liquidated had previously circulated on Telegram channels, but no official announcement or downtime had been made, and multiple users reported that withdrawals and transactions were proceeding normally.
According to on-chain analyst Yu Jin, an address associated with WLFI (World Liberty Financial) purchased 55.687 million WLFI for $10 million between 3:00 and 4:00 AM, at an average price of approximately $0.18. About an hour later, the market plummeted, with WLFI dropping to $0.07 before recovering to approximately $0.12, still down over 30% from the average purchase price. WLFI officials subsequently confirmed the repurchase.
DTCC listed on the Bitwise Avalanche ETF, ticker symbol BAVA
The Bitwise Avalanche ETF is listed on the DTCC under the ticker symbol BAVA.
Binance has restored all services after experiencing delays due to high concurrency.
Binance's official Twitter account stated that (early this morning) due to high market concurrency, its systems were under pressure, causing some users to experience intermittent delays and display anomalies. All services have now been restored and are gradually returning to normal. Officials stated that they are continuously monitoring operations to ensure stability and issued a "Funds SAFU" notice.
Fox Business reporter Charles Gasparino reported that discussions within the White House are heating up regarding Donald Trump's potential pardon of Changpeng Zhao (CZ). Some in Trump's camp believe the "fraud" charges against CZ are unfounded, and Trump is leaning toward a pardon. CZ responded via Twitter, stating that there were no "fraud" charges and that he had pleaded guilty only to a single Bank Secrecy Act (BSA) violation.
Coinglass data updates show that over the past 12 hours, the cryptocurrency market saw $19.037 billion in liquidated contracts. Of this total, $16.633 billion was liquidated in long positions, and $2.405 billion was liquidated in short positions. BTC liquidated a total of $5.304 billion, and ETH liquidated a total of $4.361 billion. In the past 24 hours, a total of 1,621,284 people worldwide experienced liquidations, totaling $19.141 billion. The largest single liquidation occurred on Hyperliquid's ETH-USDT platform, valued at $203 million.
Around 5:30 AM this morning, Ethena's USDe stablecoin experienced a significant decoupling. The USDe/USDT price on Binance plummeted to as low as $0.65. It has since recovered to normal levels. Ethena Labs explained that USDe experienced secondary market price fluctuations due to market volatility and a series of liquidations. Ethena stated that USDe minting and redemption operations are operating normally, and assets remain overcollateralized. Due to liquidations, perpetual swaps are trading below spot, resulting in additional unrealized profit and loss (uPNL) on Ethena's short positions, which are being converted into protocol revenue. USDe will be even more overcollateralized than yesterday.
Galaxy raises $460 million to advance Texas AI data center transformation
According to The Block, Galaxy Digital completed a private placement at $36 per share, issuing approximately 9 million new shares and selling approximately 3.8 million shares to management (including CEO Mike Novogratz). The transaction is expected to close on October 17th, subject to approval by the Toronto Stock Exchange. The funds will be used for general corporate purposes and the next phase of construction at the Helios campus in Dickens County, Texas. The campus, which was converted from a Bitcoin mining facility into a high-performance computing data center for CoreWeave, is expected to be online in the first half of 2026 and will support tens of thousands of high-end AI servers. Galaxy previously secured $1.4 billion in project financing and signed a 15-year lease with CoreWeave, with annual revenue expected to exceed $1 billion. The project has the potential to become one of the largest data centers in the United States.
US stocks close: Nasdaq drops 3.5%, biggest one-day drop since April 10
At the US stock market close on Friday, the Dow Jones Industrial Average initially closed down 1.9%, the S&P 500 fell 2.7%, and the Nasdaq Composite fell 3.5%. Both the Nasdaq and S&P 500 experienced their largest single-day declines since April 10th. Large technology stocks fell across the board, with Amazon (AMZN.O), Tesla (TSLA.O), and Nvidia (NVDA.O) down approximately 5%, and Apple (AAPL.O) down 3.45%. Blockchain-related stocks also saw significant declines, with Coinbase (COIN) down 7.75% and Circle (CRCL) down 11.66%.
BTC breaks through $104,000, down 12.27% on the day
OKX market data shows that BTC has just broken through $104,000 and is currently trading at $104,408.80 per coin, down 12.27% on the day.
ETH fell below $3,400, down 17.37% on the day
OKX market data shows that ETH has just fallen below $3,400 and is currently trading at $3,390.05 per coin, down 17.37% on the day.
Huang Licheng's account has turned from a profit of $43.64 million to a loss of $5.8 million
According to Lookonchain, Huang Licheng's ETH long positions have now suffered a paper loss of over $8.6 million due to the market crash, with the liquidation price at $3,992. His account went from a profit of $43.64 million to a loss of $5.8 million.
According to official news, Grayscale released a list of assets being considered for inclusion in future Grayscale investment products, as well as an updated list of assets already included in its product line. Among them, the list of assets considered includes Aptos (APT), Arbitrum (ARB), Binance Coin (BNB), Celo (CELO), Mantle (MNT), MegaETH, Monad, Polkadot (DOT), Toncoin (TON), Ethena (ENA), Euler (EUL), Hyperliquid (HYPE), Jupiter (JUP), Kamino Finance (KMNO), Lombard (BARD), Maple Finance (SYRUP), Morpho (MORPHO), Pendle (PENDLE), Plume Network (PLUME), Sky (SKY), Bonk (BONK), Playtron, Flock (FLOCK), Grass (GRASS), Kaito (KAITO), Prime Intellect, Virtuals Protocol (VIRTUAL), Worldcoin (WLD), Geodnet (GEOD), Jito (JTO), Layer Zero (ZRO), Wormhole (W).
The U.S. Bureau of Labor Statistics will release the September CPI report on October 24.
According to Jinshi, the U.S. Bureau of Labor Statistics will release the September CPI report at 8:30 a.m. on October 24 (8:30 p.m. Beijing time).
A whale increased its BTC short position to $735 million, making a profit of over $12 million
According to Arkham monitoring, a whale holding over $5 billion worth of BTC and $5 billion worth of ETH has increased its BTC short position on the Hyperliquid platform to $735 million. Currently, it has made a profit of over $12 million.
According to CoinDesk, a subsidiary of Dominari Holdings, an investment firm associated with US President Trump's sons Eric and Donald Jr., is collaborating with Hemi, a programmable Bitcoin project, to advance its digital asset treasury and exchange-traded fund (ETF) initiatives. The two parties will jointly develop a digital asset treasury and ETF platform. The joint venture between Dominari and Hemi will allow institutions to invest in Bitcoin-centric markets through the HEMI token. Dominari Holdings, as part of the joint venture American Ventures LLC, has invested an undisclosed amount in the Hemispheres Foundation, the primary administrator of the Hemi project.
According to CoinDesk, several newly launched tokens have recently experienced significant pullbacks, raising questions about the Timed Generative Advancement (TGE) model ahead of a series of airdrops. CAMP, the native token of the AI-powered Layer1 blockchain, has plummeted 88% since its launch last month, while DoubleZero's 2Z token lost 60% of its value in just eight days. Anoma's XAN token has also seen significant declines, dropping 60% in a week. XPL's price plummeted below its TGE offering price on Friday due to widespread negative sentiment surrounding the alleged founding team token sale, a claim denied by the company's founder. Several factors are behind the dismal performance of newly listed tokens. One is excessive pre-launch hype, meaning that when the tokens finally go public, users are often content to receive a return on their investment rather than continue to increase their holdings. Another factor is token economics. XPL's struggles are attributed to $813 million worth of "Ecosystem and Growth" tokens, allegedly sold through market makers, which put price pressure on the tokens and outstripped retail investor demand. With major airdrops coming up for MetaMask, OpenSea, and Monad, some worry that the 2025 “airdrop season” could see a similarly weak performance if supply outstrips demand.
Canary Submits Updated S-1 Application for its Spot Solana ETF, Setting Fee at 0.50%
According to market news, Canary submitted an updated version of its S-1 application related to the Solana spot ETF, setting the fee rate at 0.50%.
Changpeng Zhao: If 5% of funds were invested in ETH in 2015, there might not be BNB
Changpeng Zhao retweeted an old photo with Vitalik on the X platform and said: "In 2015, before the rise of ETH, Vitalik hosted several Easy Residence events at my house. At that time, I really should have invested 5% of the funds in the Easy Residence events like the current investment model. But then again, if I had done that, there might not be BNB."
According to Jinshi, the initial forecast for the US one-year inflation rate in October was 4.6%, the expected value was 4.7%, and the previous value was 4.70%.
Aster: Phase 2 airdrop check page is now live, over 150,000 wallets are eligible
Aster has officially announced that the Phase 2 airdrop check page is now live. A total of 153,932 wallets are eligible, and eligible participants will be able to claim their airdrops on October 14th. The specific time will be announced on the same day, and there will be no vesting period during this phase. The minimum points threshold required for the Phase 2 airdrop is 10,000 RH points. Users who reach or exceed this minimum during this period are eligible to claim the airdrop. The airdrop amount is calculated based on several factors related to the Phase 2 activity, including trading volume, holding period, Aster assets (such as BNB and USDF), realized profit and loss (P&L), and referral or team contributions across different epochs. All eligible users' points will be converted proportionally into the final airdrop allocation. Aster discourages hedging or wash trading to earn points. System adjustments are subject to change, so even users with the same points may receive different airdrop allocations.
European Commission: European cryptocurrency rules are sufficient to address stablecoin risks
According to Reuters, the European Commission stated on Friday that European cryptocurrency rules are adequate to address stablecoin risks, arguing that no major adjustments are needed after the European Central Bank called for additional safeguards. Europe has already adopted landmark cryptocurrency-specific regulations, but Brussels lawmakers are under pressure from the European Central Bank to block the "multi-issuance" stablecoin model. The dispute centers on whether international stablecoin companies can treat tokens issued within the EU as fungible with those held outside the bloc. On Tuesday, six cryptocurrency industry associations, including Circle, wrote to the European Commission, calling for guidance recognizing the multi-issuance model and clarifying how it operates under the Markets in Crypto-Assets Directive (MiCA). A European Commission spokesperson stated that MiCA provides a robust and proportionate framework for addressing stablecoin risks and is working to provide clarification as soon as possible. The European Systemic Risk Board (ESRB) has stated that the multi-issuance structure carries inherent risks, while the ECB is concerned about triggering a run on reserves. Stablecoin issuers have stated that they have sufficient reserves to cover redemptions.
According to market news, major global banks plan to jointly launch a stablecoin project. Alliance members include Santander, Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, Mitsubishi UFJ Financial Group (MUFG), TD Bank and UBS.
0G Foundation: Registration for the second phase of airdrops is now open
The 0G Foundation announced on the X platform that registration for the second phase of the airdrop has officially opened. Testnet contributors do not need to undergo KYC. As the 0G team reviews appeals from testnet node operators and finalizes the on-chain airdrop data, airdrops will be automatically distributed to their wallets. For community participants, the second phase will allow users who were unable to complete KYC registration during the first phase to register. It will also allow users who were mistakenly omitted from the first phase, selected Discord roles, or are active Kaito users to verify their eligibility. For users who continue to encounter issues during this phase, a new appeal form will be released next week. Appeals close at 12:00 UTC+0 on Tuesday, October 14th.
Yieldbasis (YB) will be available for Binance Wallet's first Prime Sale Pre-TGE.
According to official news, the first Binance Wallet Prime Sale Pre-TGE will feature yieldbasis (YB). Subscription period: October 13, 2025, 4:00 PM to 6:00 PM (UTC+8). Eligibility: Eligible users must use Binance Alpha Points to participate in the Pre-TGE. Details and the event page will be posted via the @BinanceWallet account (X).
Ethereum Foundation Launches New Funding Mechanism to Support Privacy Developers
According to an official blog post, the Ethereum Foundation's Funding Coordination Team and Keyring Network have jointly launched a new funding mechanism to support privacy developers. The zkVerified permissioned vault deployed on the Keyring mainnet provides access to compliant and privacy-preserving DeFi lending markets. For the first two months, all protocol fees from the Keyring zkVerified vault will be donated to the legal defense fund of Roman Storm and Alexey Pertsev, two Tornado Cash developers currently on trial for releasing open source code.
According to Lookonchain, a prominent Bitcoin whale has been increasing its short positions in both BTC and ETH, with its total holdings now exceeding $1.1 billion. Using 10x leverage, it shorted 6,189 BTC, valued at approximately $753 million, at a liquidation price of $130,810. Using 12x leverage, it shorted 81,203 ETH, valued at approximately $353 million, at a liquidation price of $4,589.3.
Morgan Stanley removes restrictions on wealth management clients holding crypto funds
According to CNBC, Morgan Stanley informed its financial advisors on Friday that it is expanding cryptocurrency investment access to all clients and allowing such investments in any account type, including retirement accounts. Starting October 15th, financial advisors will be able to recommend cryptocurrency funds to any client. Previously, this option was limited to clients with a higher risk tolerance, at least $1.5 million in assets, who wished to invest in cryptocurrencies in their taxable brokerage accounts. Sources familiar with the matter said that with the removal of eligibility requirements for cryptocurrency funds, Morgan Stanley will rely on automated monitoring processes to ensure clients are not overly concentrated in this volatile asset class. The bank's global investment committee recently released a model recommending an initial allocation of up to 4% to cryptocurrencies based on various objectives, ranging from "wealth preservation" to "opportunistic growth." Sources familiar with the matter said that for now, financial advisors are limited to recommending Bitcoin funds from BlackRock and Fidelity, but Morgan Stanley is monitoring industry trends and considering adding other cryptocurrencies to these products. They added that clients can also request investment in any listed cryptocurrency exchange-traded product.
According to on-chain analyst @ai_9684xtpa, two addresses both went long on SOL this afternoon, currently holding a cumulative long position of $37.8 million USD, ranking fifth and tenth, respectively, on the Hyperliquid platform's SOL long position rankings. Address 0x0dd...8a902: Using 2x leverage, long positions of 100,000 SOL were opened at $219.68 USD, while also holding a $26.12 million long position in ETH. Address 0x8d0...59244: Using 20x leverage, long positions of 70,000 SOL were opened at $221.549 USD, while also holding a $4.04 million long position in LTC.
Prediction market Kalshi raises over $300 million in new funding round, valued at $5 billion
According to the New York Times, prediction market Kalshi plans to announce on Friday that it has raised over $300 million in a new round of funding, valuing the company at $5 billion. The company also plans to disclose that it will begin allowing customers in over 140 countries to place bets on its website. Kalshi's rapid expansion has attracted the attention of venture capital firms, including Sequoia Capital, which first invested in the company in 2020, and new investor Andreessen Horowitz. Other investors in this round include Paradigm, CapitalG, and Coinbase Ventures. Although Kalshi closed its previous funding round in June, it initiated talks for a new round in August, more than doubling the company's valuation.
According to Globenewswire, Prestige Wealth Inc. (NASDAQ: PWM; AURE) announced that it has participated in and completed a series of coordinated transactions to launch Nasdaq's first Tether Gold (XAUT) Treasury. These transactions include approximately $100 million in private investment in equity (PIPE) financing from Antalpha Platform Holding Company and other accredited investors, including Tether and Kiara Capital, as well as a three-year, $50 million senior debt financing. The company intends to use the majority of the net proceeds to purchase Tether Gold (XAUT) as a reserve asset. Subject to obtaining relevant approvals, the company expects to change its name to "Aurelion Inc." and begin trading under the new ticker symbol (AURE) on October 13, 2025. The Aurelion Treasury PIPE reportedly includes approximately $43 million in subscriptions from cornerstone investor Antalpha, as well as subscriptions from other accredited investors, including $6 million from Kiara Capital and $15 million from Tether. Total proceeds are approximately $290 million, consisting of $50 million of proceeds from the facility, approximately $100 million from the PIPE, and $140 million upon full exercise of the warrants issued in the PIPE, of which $280 million is expected to be used to purchase Tether Gold (XAU₮).
Russia to Allow Banks to Conduct Cryptocurrency Business, But with Strict Restrictions
According to Cryptopolitan, Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia (CBR), revealed at the Finopolis forum that the central bank has decided to allow banks to engage in cryptocurrency business, but will introduce strict capital limits and reserve requirements. Chistyukhin admitted, "We are taking a conservative approach. We are considering, for example, whether including cryptocurrencies on balance sheets truly falls within the scope of banking activities." However, he also stated, "After discussions with the professional banking community, we believe that it may make sense not to exclude banks from engaging in such business." Chistyukhin also stated that the Bank of Russia hopes to pass a law comprehensively regulating cryptocurrency investments next year. This will enable authorities to implement a licensing mechanism, and the first licensed service providers could enter the market by the end of the year. Chistyukhin's call for the swift approval of appropriate cryptocurrency legislation has been supported by his superior, Bank of Russia Governor Elvira Nabiullina.
US cryptocurrency market structure talks stall after leak of Democratic DeFi proposal
According to Crypto in America, negotiations between US Senate Republicans and Democrats on cryptocurrency market structure legislation have stalled after Democrats presented Republicans with a new proposal to regulate DeFi, sparking strong opposition within the industry. Republicans, frustrated by their Democratic colleagues' continued disagreement on DeFi, have provided little substantive feedback on the discussion draft. Despite "productive discussions" in recent weeks, Republicans informed Democrats on Wednesday that negotiations are now suspended until a revision date is agreed upon—Banking Committee leaders had originally planned for September 30th. Multiple sources confirmed that Republicans have been trying to set a revision date for late October, but Democrats have been cautious and reluctant to formalize it, stating they want more time to develop a bipartisan draft. With both sides blaming each other, it remains unclear which side will yield first: Democrats agreeing to a revised date or Republicans returning to the negotiating table. The longer the impasse persists, the more likely it is that a bill will reach President Trump's desk until 2026, when Congress will undoubtedly turn its attention to the midterm elections and cryptocurrency policy will take a backseat.
Regarding recent rumors about his relationship with Hyperliquid founder Jeff, Zhao Changpeng issued a statement clarifying that Jeff was a member of Binance Labs' (now known as YZi Labs) first incubation project in 2018, but the project ultimately failed and Binance Labs did not recoup any of its investment. Zhao Changpeng stated that he had little interaction with Jeff at the time and only learned about this from Ella earlier this year. Zhao Changpeng stated that, to his knowledge, Binance Labs has not received or holds any investment (equity or tokens) in Hyperliquid. Zhao Changpeng had previously planned to speak with Jeff, but missed the meeting due to a scheduling error and was unable to reschedule. Zhao Changpeng concluded by stating that he supports all builders no matter what.
Binance Wallet Launches Prime Sale Pre-TGE
Binance Wallet has officially announced the launch of the Prime Sale Pre-TGE (Pre-TGE). Compared to other Pre-TGEs, this new model aims to provide users with early access to projects with more mature products. These projects are typically inaccessible to most users before their Token Generation Event (TGE). Building on the Binance Wallet Pre-TGE experience, the Prime Sale Pre-TGE provides a broader audience with access to these projects' TGEs. The first project utilizing the Prime Sale Pre-TGE model is expected to be announced on the Binance Wallet X official account at 9:30 PM (GMT+8) on October 10, 2025. While some Prime Sale Pre-TGE events, particularly those in the second phase, will incorporate Prime Sale Keys into their mechanics, not all will.
Four.Meme: The platform is back online and the data access issue has been resolved
Four.Meme announced on the X platform that the platform is back online and all data access issues caused by the previous traffic surge have been resolved. The team has completed emergency repairs and optimizations to ensure smoother operation in the future. Earlier, Four.Meme reportedly experienced a temporary outage, citing data access issues caused by unusually high traffic.
