According to The Block, U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce stated that the agency is focusing on several different areas, including token distribution rules, guidance on what constitutes a transaction, and issues related to cryptocurrency custody. She stated that the SEC is working with Congress to draft legislation to regulate the entire digital asset industry. Peirce also stated that tokenization is currently "a major area of focus" for the SEC. Peirce also discussed the need for privacy protections, calling on the government to "vigorously defend people's right to live private lives." She suggested that cryptocurrency could be an opportunity to re-examine provisions of the Bank Secrecy Act, as well as anti-money laundering (AML) and know-your-customer (KYC) regulations.
According to The Block, Florida lawmakers have begun the 2026 legislative session with plans to include Bitcoin in the state's arsenal of financial instruments. House Bill 183, introduced in the Florida House of Representatives, would allow the state's chief financial officer to invest up to 10% of designated public funds (including general revenue funds, budget stabilization funds, and various trust funds) in "digital assets" and exchange-traded funds (ETFs). If passed, the bill would also authorize the state board of governors to invest up to 10% of the Florida Retirement System Trust Fund in digital assets. The bill defines digital assets as including Bitcoin, tokenized securities, and NFTs, and sets strict custody and control requirements. Assets can be held in the custody of the chief financial officer, a qualified custodian, or through an SEC-registered ETF. HB 183 positions Bitcoin as a potential store of value and inflation hedge for state funds and would also allow Florida residents to use digital assets to pay certain taxes and fees. HB 183 is currently awaiting House committee assignment and hearing. If advanced, it would still require Senate approval and the governor's signature to become law.
Ghana plans to introduce crypto asset laws by year-end
According to Bloomberg, Johnson Asiama, Governor of the Central Bank of Ghana, a West African country, said on the sidelines of the International Monetary Fund (IMF) meeting in Washington on Thursday that Ghana expects to introduce a law regulating cryptocurrencies and virtual assets by the end of December. Asiama stated: "This is a critical area, and we must strengthen the supervision and monitoring of these transactions. We have developed a regulatory framework and introduced a new bill to regulate virtual assets. The bill has been submitted to Parliament and we hope to pass it by the end of December, at which time we will be able to regulate cryptocurrencies in Ghana." He said that as Africa's largest gold producer, Ghana is establishing a new department and cultivating relevant expertise to assist in regulatory work in this area.
Laos plans to stop supplying electricity to cryptocurrency mining farms in early 2026
According to Reuters, Laos Deputy Energy Minister Chanthaboun Soukaloun revealed that Laos is considering stopping power supply to cryptocurrency mines before the first quarter of 2026, aiming to reallocate domestic electricity to industries that contribute more to economic growth. The government's current goal is to prioritize electricity supply to industries such as artificial intelligence data centers, metal refining and electric vehicles.
Trump hosts fundraising dinner for $250 million White House expansion, inviting crypto executives
According to Finance Feeds, US President Trump hosted a dinner at the White House for companies that pledged to fund the construction of a new $250 million ballroom. Attendees reportedly included Gemini co-founders Cameron Winklevoss and Tyler Winklevoss, as well as representatives from Coinbase Global and Ripple Labs. The event took place on the 15th day of the partial US government shutdown. The dinner's guest list also included executives from Meta, Google, Amazon, Lockheed Martin, and Microsoft. Sources said the event was intended to rally prominent supporters around the ballroom project, which Trump has called part of his plan to "modernize the people's house." The expansion project will add approximately 8,361 square meters to the White House for official ceremonies and private donor events. During the partial government shutdown, the project drew criticism for its cost.
BlackRock to launch Genius Act-compliant money market fund
According to Business Wire, BlackRock announced the launch of a '40 Act 2a7 money market fund compliant with the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act) to serve the reserve management needs of stablecoin issuers. The fund, called the BlackRock Select Treasury Based Liquidity Fund (BSTBL), enhances liquidity and regulatory compliance by incorporating overnight repurchase agreements, shortening the duration of US Treasury investments, and extending trading hours to 5:00 PM ET.
Jack Dorsey and other Bitcoin supporters call on Signal to adopt Bitcoin
According to Cointelegraph, several Bitcoin supporters, including Jack Dorsey, are promoting Bitcoin adoption by the privacy-focused instant messaging app Signal through a new campaign called "Bitcoin for Signal." The campaign aims to integrate Bitcoin with the Cashu protocol, enabling payments within the Signal app. Dorsey posted on Platform X on Thursday, retweeting a post from anonymous Bitcoin developer Cashu, the founder of the "Bitcoin for Signal" campaign. Bitcoin developer Peter Todd also expressed support for the campaign, hoping that Bitcoin could replace or at least expand Signal's current cryptocurrency payment solution, MobileCoin (MOB).
Base app: Creator tokens will be launched and are currently in early access.
Base app announced on the X platform the launch of creator tokens within the Base app, currently in early access. These tokens will allow creators to: create and earn revenue globally; build lasting value from their content, benefiting from long-term growth and active transactions; and give back to their audiences. This feature is powered by Zora and implemented within the Base app.
According to DL News, in April of this year, stablecoin issuer Tether froze $44.7 million worth of USDT at the request of Bulgarian police. Now, Texas-based Riverstone Consultancy Inc. has filed a lawsuit seeking the unfreezing of the funds. The firm accuses Tether of illegally freezing the tokens, causing it to miss out on investment opportunities. The lawsuit alleges that Tether failed to follow proper procedures for freezing the assets. Bulgaria's treaties with foreign countries require specific procedures for seizing or freezing foreign assets. When Riverstone contacted Tether, Tether directed it to the police, who ignored Riverstone's inquiries. The firm's lawyers did not respond to questions about the nature of the frozen USDT or the police allegations. However, cryptocurrency forensics experts believe the funds are indeed problematic. Anonymous analyst ZachXBT wrote on the X platform: "These funds originated from Ponzi scheme investment projects such as BETL, Pegasus Ride, and LSSC, and were transferred multiple times on-chain." Riverstone has requested a court order for Tether to unfreeze the funds and compensate it for at least $44.72 million in losses plus interest.
Orderly Launches RWA Index Contracts, Supporting SPX500 and NAS100 Perpetuals
DEX infrastructure provider Orderly has officially launched the "Orderly RWAs" feature, allowing users to trade perpetual contracts for real-world assets (RWAs) within the DeFi environment. Initially supported are the SPX500 (S&P 500) and NAS100 (Nasdaq 100), offering up to 20x leverage, all settled in USDC, and 24/7 trading. The platform utilizes a median oracle model comprised of three independent price sources (Finage, Trademade, and Pragma) to ensure accurate and manipulation-resistant prices. It also incorporates a weekend risk protection mechanism, setting price bands and providing liquidity alerts when traditional markets are closed.
Visa says it hopes to build infrastructure for lending in "on-chain finance"
According to CoinDesk, Visa released a report titled "Stablecoins: Beyond Payments - On-Chain Lending Opportunities," which redefines decentralized finance as "on-chain finance." The report aims to make decentralized credit sound more compatible with institutions in the era of the GENIUS Act, and explains how banks and private credit funds can access this system. Visa envisions institutions becoming liquidity providers for programmable lending protocols, while Visa provides data, compliance, and infrastructure services. Its well-known brand and reliable channels are expected to attract institutional participation with trillions of dollars in capital. The white paper shows that Visa is shifting from cryptocurrency experiments to institutional infrastructure construction. Visa's strategy for on-chain finance is similar to that of traditional finance. It does not issue tokens or directly fund loans, but instead conducts technology business without lending risks.
CME Group plans to launch contracts on sports events and economic indicators to compete with Kalshi
According to Bloomberg, people familiar with the matter revealed that CME Group Inc. plans to launch financial contracts tied to sporting events and economic indicators by the end of the year. These products will put the Chicago-based exchange in more direct competition with two prediction market platforms, Kalshi and Polymarket. CME is preparing to make the new contracts available to the public through futures commission merchants, including one it has established with FanDuel, a subsidiary of Flutter Entertainment. CME may also offer these contracts on other similar platforms, thereby opening them up to traditional retail investment brokerage firms. A CME representative declined to comment on the plans, stating that they are still subject to change.
According to Bloomberg, Charles Schwab CEO Rick Wurster stated in a conference call with analysts on Thursday that the company is continuing to attract younger clients as it faces competition from digital-native investment firms like Robinhood. He also said Schwab expects to launch spot cryptocurrency trading services in the first half of 2026. He said: "I think the cryptocurrency business will be accretive, but even without it, we've already won over these clients."
According to CoinDesk, Bank of New York Mellon executives said at a recent earnings conference on Thursday that the bank has brought forward several blockchain-related investments to 2025 - including investments to support real-world asset settlement and tokenized payments. Executives attributed this accelerated move to a more "positive" regulatory environment and improved market conditions. When asked whether Bank of New York Mellon plans to issue its own stablecoin, CEO Robin Vince did not give a clear answer, but said the bank's strategy focuses on supporting a broader ecosystem rather than launching its own branded tokens. A Bank of New York Mellon-branded stablecoin may serve institutional use cases, such as settling tokenized assets or facilitating intraday liquidity. But for now, the bank seems more focused on building flexible infrastructure than launching products.
Trust Wallet's Chinese channel posted a clarification regarding the community's recent discussion about a vulnerability in an early 2018 wallet version. The vulnerability originated from a third-party open-source random number library widely used in the industry at the time. It was fixed in July 2018 and recorded in the open-source version of the Wallet Core library. Officials stated that approximately 10,000 early users were affected, all of whom have been notified and completed asset migration, without suffering any losses. Since July 2018, newly created wallets have not been affected. Trust Wallet currently uses an audited encryption library and a high-strength random number algorithm, and continues to strengthen security through independent security audits and vulnerability bounty programs. The team will also launch a "Wallet Security Awareness Series" to popularize mnemonics and the security principles of random numbers, reiterating its "transparency and security are core commitments."
Chainlink Launches First Native Real-Time Oracle on MegaETH
According to The Block, Chainlink has launched its first native real-time oracle on MegaETH, providing sub-millisecond market data to DeFi. This integration embeds Chainlink Data Streams into the MegaETH core execution environment, enabling smart contracts to access prices "just in time," reducing redundant updates and oracle lag. MegaETH is positioned as a high-speed Ethereum Layer 2, with a target throughput of 100,000 transactions per second, targeting low-latency scenarios such as perpetual swaps, prediction markets, and stablecoins. MegaETH and Ethena previously launched the USDm stablecoin to subsidize sequencer fees, and Euphoria, a derivatives platform within the MegaETH ecosystem, has raised a total of $7.5 million in funding. Chainlink also announced that its oracle infrastructure has secured approximately $90-100 billion in TVL and transmitted approximately 18 billion messages.
WorldLabs, a spatial intelligence company founded by Stanford University Professor Fei-Fei Li, has officially released a research preview of its next-generation real-time generative model, RTFM (Real-Time Frame Model). This model can generate video and 3D scenes in real time during interactions, enabling persistent virtual worlds. RTFM is designed around three core principles: efficiency, scalability, and persistence. The model can run at interactive frame rates on a single NVIDIA H100 GPU and can generate scenes with complex effects such as reflections, shadows, and gloss from a single image without explicit 3D modeling. Its "spatial memory" mechanism maintains world persistence through frame pose modeling and "context juggling," supporting long-term user interaction and exploration.
The case of 120,000 missing Bitcoins in 2020 revealed: stolen due to "pseudo-random private keys"
According to a technical report updated on August 4th by the MilkSad research team, the truth behind the sudden transfer of approximately 120,000 Bitcoins (valued at the time at approximately $3.7 billion, and now approximately $15 billion) in December 2020 has emerged. The research revealed that the wallets associated with these Bitcoins were generated by the Chinese mining pool Lubian.com. Their private keys were not truly random, but rather generated by a flawed pseudo-random number generator (PRNG), making them predictable. The report notes that US law enforcement recently obtained access to the relevant private keys, not through cracking or hacking the system, but rather by identifying systemic vulnerabilities in the wallet generation mechanism.
Astra Nova (RVV) to be Listed on Binance Alpha and Binance Futures
According to an official announcement, Binance Alpha will list and open trading for Astra Nova (RVV) at 9:00 PM (GMT+8) on October 18, 2025. Additionally, Binance Futures will launch RVVUSDT perpetual contracts at 9:30 PM (GMT+8) on October 18, 2025, with up to 50x leverage.
Upbit to List ZORA Token in Korean Won, BTC, and USDT Markets
South Korean crypto exchange Upbit will list the ZORA token in the KRW and USDT markets, according to an official announcement.
According to Bloomberg, Cantor Fitzgerald LP is facing intense pressure to pitch Tether Holdings to investors at a potential $500 billion valuation. If Tether reaches its target and raises approximately $15 billion, the investment bank's stake in Tether could be worth as much as $25 billion. More than a year ago, the New York investment bank purchased convertible bonds from Tether for over $600 million, giving it a 5% stake. A successful deal would not only enrich Tether's founders but also generate substantial gains for Cantor, potentially reaping tens of billions of dollars in returns. The terms of the share sale are still in flux. It's unclear what valuation the deal might achieve or whether the bank would be allowed to convert the bonds into equity and sell some of its holdings to new investors.
Decentralized energy network Daylight secures $75 million in funding
According to Business Wire, Daylight Energy announced the completion of a $75 million funding round, with $15 million in equity led by Framework Ventures, with participation from a16z Crypto, Lerer Hippeau, and M13, and an additional $60 million in project financing led by Turtle Hill Capital. Daylight incentivizes households to install distributed solar and energy storage through a crypto network, with revenue coming from user subscriptions and market compensation for returning electricity to the grid during peak periods. The company launched the DayFi Yield Protocol, which on-chains electricity revenue as an asset. Subscriptions are currently available in Illinois and Massachusetts, with plans to expand into DeFi financing in Q4.
a16z's crypto arm invests in Jito and secures $50 million in token placements
According to Fortune, the crypto arm of a16z (Andreessen Horowitz) invested $50 million in Jito, a protocol within the Solana ecosystem, and received a share of Jito tokens. Brian Smith, Executive Director of the Jito Foundation, called the deal the largest commitment by a single investor to Jito, emphasizing the terms, which include "long-term alignment," a short-term non-saleability of the tokens, and a discount. This year, a16z also invested in LayerZero ($55 million) and EigenLayer ($70 million) through token sales. Jito is Solana's liquidity staking and transaction priority tool.
YZi Labs Announces Investment in Temple Digital Group
YZi Labs announced an investment in Temple Digital Group, which launched the first native trading platform on the Canton Network. Temple is positioned as a unified trading technology stack for privacy and compliance, integrating tokenized assets, liquidity, and compliance, and providing a central limit order book, automated routing, and non-custodial settlement. Temple Digital Group reportedly completed a $5 million seed round of funding led by Paper Ventures, with participation from YZi, CMT Digital, Sfermion, Halo Capital, Protagonist, 5N Canton, Eterna Capital, AMA, GSR, Selini, Presto, and G20.
Ripple acquires financial management firm GTreasury for $1 billion
According to Axios, Ripple announced the acquisition of financial management company GTreasury for approximately $1 billion in cash and stock. The transaction will expand Ripple's enterprise-level fund and liquidity management capabilities. The target is privately backed.
Bloomberg: Ripple Labs plans to lead $1 billion fundraising to build XRP reserve strategy
According to Bloomberg, Ripple Labs Inc. is leading a fundraising effort to raise at least $1 billion to accumulate XRP, the company's digital token, a sign that recent market turmoil hasn't deterred the cryptocurrency giant from fully pursuing its business plans. People familiar with the matter revealed the funds will be deposited into a newly established digital asset treasury (DAT). Some of the people familiar with the matter said the funds will be raised through a special purpose acquisition company (SPAC), and Ripple Labs may invest some of its own XRP.
Figment Acquires Rated Labs to Strengthen Institutional-Grade Staking Data Services
According to CoinDesk, blockchain infrastructure provider Figment announced the acquisition of Ethereum staking analysis platform Rated Labs. The company will integrate Rated’s Explorer and data API into its services to provide institutional clients with enhanced blockchain staking data and performance analysis tools.
SharpLink Completes US$76.5 Million Private Placement at a 12% Premium
Minneapolis-based SharpLink Gaming (NASDAQ: SBET) announced a $76.5 million registered direct offering agreement with an institutional investor for 4.5 million shares of common stock at $17 per share, a 12% premium to the closing price of $15.15 on October 15th. This price also represents a premium to the net asset value of the company's holdings of over 840,000 ETH. The investor also received a 90-day premium call option to purchase an additional 4.5 million shares at $17.50 per share before January 15, 2026. If fully exercised, the company will receive approximately $78.8 million in proceeds.
US real estate investment firm Cardone Capital disclosed an increase of 200 BTC
Grant Cardone, CEO of US real estate investment company Cardone Capital, posted on the X platform early this morning that Cardone Capital has just confirmed the purchase of another 200 BTC, following its purchase of 300 BTC last week.
According to Business Insider, Delin Holdings (01709.HK) announced a comprehensive strategic partnership with fintech company Antalpha. The partnership, valued at up to $200 million, covers two key areas: tokenized gold assets and Bitcoin mining infrastructure, establishing a dual-track strategy connecting traditional and digital finance. Regarding gold assets, Delin Holdings is implementing an initial $5 million investment in Tether Gold (XAUT) and plans to purchase and distribute up to $100 million worth of XAUT over the next 12 months. Regarding computing power infrastructure, Delin Holdings plans to invest an additional $100 million in Bitcoin mining, having already purchased thousands of high-performance mining machines and formed a strategic alliance with Antalpha.
JPMorgan Chase: Recent market pullback may be driven by native cryptocurrency investors
According to The Block, JPMorgan analysts claim that last week's sharp crypto market correction, accompanied by large-scale liquidations, was likely driven by native crypto investors, rather than institutional or retail ETF holders. The report shows that spot Bitcoin ETFs, popular with traditional retail investors, showed "almost no signs of large-scale liquidations." From October 10th to 14th, Bitcoin ETFs experienced net outflows of $220 million, representing only 0.14% of total assets under management; Ethereum ETFs saw net outflows of $370 million, representing 1.23%. Meanwhile, CME Bitcoin futures saw almost no liquidation, while CME Ethereum futures saw significant deleveraging, possibly reflecting momentum traders "substantially reducing their risk exposure." In contrast, perpetual futures, favored by native crypto traders, saw significant deleveraging, with open interest in Bitcoin and Ethereum perpetual contracts falling by approximately 40%, a drop that outpaced the price declines of both assets. Analysts believe that native crypto investors were the primary driver of last week's market correction, while non-native crypto investors largely remained on the sidelines.
Market data indicates that around 6:00 AM Beijing time today, the PAXGUSDT perpetual contract on Binance experienced a short-term upward surge, with a roughly 16% increase. Simultaneously, PAXG spot prices on Binance surged by over 8%, reaching $4,790 at one point and currently trading at $4,386.53. Furthermore, Coingecko data shows that PAXG also experienced a surge on other major platforms, even briefly exceeding $4,800.
A revolving loan long AAVE whale sold 70,000 AAVE today to pay off all loans and reduce leverage.
