Binance co-founder He Yi responded to community users on the X platform, saying: "Due to policy requirements, Binance currently does not serve Americans. I heard today that BNBchain will support similar Meme Rush products from other wallets in the future."
According to the Macau Citizen Daily, the Monetary Authority of Macao stated that a prototype system for the "Digital Pataca" has been built and the first phase of research and development is expected to be completed by the end of this year. Analysts pointed out that it is inevitable that the digital Pataca platform will be connected with the mainland platform, and individuals can decide whether to exchange cash or deposits for digital currency (digital RMB or Macau Pataca) according to their needs.
According to Lookonchain, a "Bitcoin OG" has increased his short position to 3,600 BTC, with a notional value of approximately $438 million. His current unrealized loss is approximately $3.66 million, with a liquidation price of $139,900. He previously shorted 3,477 BTC on Hyperliquid with 6x leverage (liquidation price $140,660) and deposited $50 million in USDC with Binance and $80 million in USDC with Hyperliquid to open the position.
According to a report by Ember, Huang Licheng, a "big brother" (or "Maji"), closed his positions in XPL, ASTER, and PUMP seven hours ago, resulting in a combined loss of approximately $21.53 million, reversing approximately $40 million in profits over the past 20 days. The primary losses came from XPL: he opened a long position at $1.4, and the continued decline resulted in a loss of approximately $18 million. He still holds the largest long positions in ETH and HYPE on Hyperliquid: a long position of 29,600 ETH (opening price $4,397, liquidation price $4,058) and a long position of 385,000 HYPE (opening price $47.1, liquidation price $19.1).
Deutsche Bank: Central banks may include Bitcoin and gold in key reserves by 2030
According to Bloomberg, Deutsche Bank stated that central banks may include Bitcoin and gold in their key reserves by 2030. The study indicates that central banks became net buyers of gold after the 2008 financial crisis, and currently hold over 36,000 tons of gold. The US dollar's share of global reserves has fallen from 60% in 2000 to 41% in 2025, driving net inflows of $5 billion and $4.7 billion into gold and Bitcoin ETFs, respectively, in June. The report states that digital assets should be "complementary" to fiat currencies and emphasizes that Bitcoin will not replace the US dollar. JPMorgan also estimates that stablecoins could generate $1.4 trillion in new US dollar demand by 2027.
US media: The US Bureau of Labor Statistics is expected to release CPI report during the shutdown
According to the New York Times, a US government source stated that despite the federal government shutdown, the Bureau of Labor Statistics is still preparing to release its September CPI data. While the exact release date remains unclear, it is almost certainly not on October 15th, as originally planned. The statistical agency halted all operations during the funding hiatus and was unable to release its non-farm payroll report last week as originally planned. According to government sources, the bureau has begun recalling some employees to complete the report. The decision to release the data appears to be related to the annual Social Security cost adjustment process. This adjustment is based on third-quarter inflation data, so the delayed release of September's price data could delay the publication of the cost-of-living adjustment. Other foreign media outlets have also reported that the Bureau of Labor Statistics plans to release September's CPI data before the end of the month.
According to the New York Times, early Bitcoin investor Roger Ver ("Bitcoin Jesus") has reached a deferred prosecution agreement (DPA) with the US Department of Justice, agreeing to pay approximately $48 million to settle tax fraud and tax evasion charges. The charges will be dismissed if the terms are met. Ver was indicted in 2024 for failing to pay approximately $48 million in taxes on crypto assets, and this year he hired a team of lawyers and lobbyists who previously defended Trump. Documents also indicate that he paid $600,000 to Roger Stone to seek tax changes. The case has not yet been brought to court, and details are subject to change.
According to Fortune magazine, Coinbase and Mastercard are in advanced negotiations to acquire BVNK, a London-based stablecoin infrastructure company, with a price range of approximately US$1.5 billion to US$2.5 billion. Coinbase currently has the upper hand, but the deal has not yet been finalized. If reached, it will be the largest stablecoin merger and acquisition to date. Founded in 2021, BVNK provides stablecoin transactions, cross-border payments, and fund management services to businesses. In December 2024, it received US$50 million in financing, with a valuation of approximately US$750 million. Investors include Haun Ventures, Coinbase Ventures, Tiger Global, and recently, venture capital from Visa and Citi have also participated. Stripe acquired Bridge for US$1.1 billion this year. BVNK, Mastercard, and Coinbase declined to comment.
Binance Futures appears to be down and orders are unavailable. Liquidation prices are not displayed.
According to community feedback, the Binance contract platform is suspected to have crashed, users are unable to place orders normally, forced liquidation prices cannot be displayed, and fund transfer operations cannot be completed normally.
Changpeng Zhao posted on the X platform: "I spent the entire day in Bahrain attending an offline conference, including an on-stage fireside chat. It was a bloody day in the cryptocurrency market today. I'm not sure exactly what happened, but I think it started with FUD that Alpha wouldn't list certain tokens in the future, which was quickly proven wrong. However, the damage was already done. When enough people are blinded by FUD, it has this unfortunate effect. Whether the market is good or bad, people often praise me, but I don't really do anything. I've been busy all day. I often see headlines like: 'BlackRock sells Bitcoin', 'Binance sells Bitcoin'. The correct headlines should be 'BlackRock clients sold Bitcoin', 'Binance users sold Bitcoin'. Finally, I support the use of decentralized self-custodial wallets to access memecoins, or any cryptocurrency. Manage risks properly. Keep working hard to build."
Kerrisdale Capital, a prominent short-selling firm, announced it has shorted Bitmine, the Ethereum treasury reserve company. The firm believes the DAT (Digital Asset Treasury) model has become mediocre, with the market flooded with copycat projects, resulting in a collapse in premiums and a diminishing ability to increase the ETH content per share by issuing shares above net asset value. Companies pursuing this "crypto-asset treasury strategy" originally planned to raise over $100 billion, but the scarcity that underpinned the high premiums has been shattered. Today, many of these companies' shares are trading near or below net asset value, stalling the self-circulating mechanism and beginning to collapse. MSTR, one of the earliest DATs, has seen its premium decline from 2-2.5 times net asset value to approximately 1.4 times. BMNR's premium has also continued to decline, with expectations of parity with net asset value or even lower. Currently, BMNR's MNav is approximately 1.4 times, leaving over 40% room for further decline. However, Kerrisdale Capital stated it is not shorting ETH, stating, "If you want ETH, just buy it."
Monad: Airdrop claim portal will open on October 14th
Layer 1 blockchain Monad announced on the X platform that the Monad airdrop redemption portal will open on Tuesday, October 14th.
Kraken expands access to traditional CME contracts like oil and gold
According to The Block, crypto exchange Kraken is expanding its offering of traditional CME Group derivatives contracts, extending beyond stock indices to include energy, metals, and foreign exchange. Its US derivatives platform, through Kraken Derivatives US, connects traders directly to the CME futures market, boosting its competitiveness against brokers like Robinhood and crypto-native trading platforms. According to a representative, traders can now access CME's stock indices (such as the S&P 500, Nasdaq, and Dow Jones), commodities (such as gold and oil), and major foreign exchange currencies all from a single platform. The exchange also offers CME products on CBOT, NYMEX, and COMEX. Kraken's traditional derivatives contracts are designed for serious futures traders, with pricing at 0.5 basis points, and offer discounted market data access for both retail and professional traders. Kraken's trading hours are currently unknown, while CME has stated that it will offer a "24/7" cryptocurrency futures and options market.
According to MLM monitoring, a Hyperliquid whale wallet closed out a $16 million long position in HYPE approximately 11 hours ago and sold 100,000 HYPE (approximately $4.4 million). The reason appears to be a compromise of its private key, which completely wiped out its account: approximately $17 million in funds were stolen from its Hyperliquid account; approximately $3.1 million in assets deposited in the Plasma Syrup Vault (liquidity pool) were also stolen. After the attack, the hacker transferred all stolen assets, exchanging the stolen USDC for DAI and transferring them to two new wallets, where the funds are currently stored. The hacker also transferred $3.11 million worth of MSYRUPUSDP to another new wallet.
According to CoinDesk, Yuma, the development studio and accelerator for the decentralized artificial intelligence (deAI) network Bittensor, founded by Digital Currency Group (DCG)'s Barry Silbert, has launched its asset management arm, Yuma Asset Management, to provide institutional and accredited investors with convenient access to the deAI ecosystem. Yuma Asset Management, with a $10 million anchor investment from DCG, has launched two fund strategies investing in subnet tokens. DCG stated that the Yuma Subnet Composite Fund aims to provide market-weighted exposure across all active subnets, akin to a "Nasdaq Composite Index" for subnet tokens. The Yuma Large-Cap Subnet Fund, akin to a "Dow Jones Industrial Average" for subnet tokens, aims to provide targeted exposure to the largest subnets by market capitalization.
Falcon Finance secures $10 million in strategic investment from M2 Capital and Cypher Capital
Falcon Finance, a universal collateral infrastructure, has announced a $10 million strategic investment from UAE-based venture capital firm M2 Capital. Cypher Capital also participated in this round. With M2 Capital's investment, Falcon will accelerate its global roadmap, focusing on expanding fiat currency access, deepening ecosystem partnerships, and enhancing the resilience of its universal collateral model.
According to monitoring by The Data Nerd, within 24 hours, a wallet (possibly ASTER market maker Galaxy Digital) deposited a total of 6.1 million ASTER tokens, worth approximately $12.08 million, to Binance. Currently, the address still holds 51.57 million ASTER tokens, worth approximately $94.38 million.
Ethereum Developers Release Kohaku Roadmap to Bring Privacy and Security to Wallets
According to Cointelegraph, Ethereum developers have unveiled a new roadmap, Kohaku, aimed at improving wallet privacy and security through a modular framework. The project, announced in a blog post by Nicolas Consigny, coordinator of the Ethereum Foundation, plans to build a set of privacy and security infrastructure. The core of Kohaku is the creation of a software development kit (SDK) and a reference wallet to showcase the tools in action. The first version will be a browser extension based on the Ambire wallet, targeting advanced users. Kohaku is being developed in collaboration with renowned teams such as Ambire and Railgun, and is an open-source project where developers can contribute code through GitHub. Its primary goal is to reduce wallets' reliance on centralized services for traceable transactions, including features like private sending and receiving, and plans to leverage tools to add social recovery options. Longer-term, the team is committed to improving wallet security to the device level, creating a native Ethereum browser to ensure secure user interaction.
Binance Alpha now launches "Customer Service Xiao He" and PUP tokens
According to the official page, Binance Alpha has launched "Customer Service Xiao He" and PUP tokens.
According to Fortune magazine, cryptocurrency compliance startup CipherOwl announced the completion of a $15 million seed round of funding, co-led by General Catalyst and Flourish Ventures, with participation from Coinbase Ventures and Enlight Capital. Co-founded by former Coinbase engineers, the company leverages artificial intelligence (AI) to provide on-chain transaction monitoring and compliance analysis services to financial institutions. Its clients include numerous cryptocurrency exchanges and law enforcement agencies, primarily using its AI system to automatically generate suspicious activity analysis reports to improve review efficiency.
Insiders who control 60% of YEPE have sold some of their tokens and made a profit of $1.4 million
Blockchain analytics platform Bubblemaps published a post on Platform X claiming insiders are dumping YEPE tokens, generating $1.4 million in profits and still holding 50% of the total supply. Previous tweets have demonstrated how insiders control 60% of YEPE. The connection is clear: multiple holders invested in YEPE through the same centralized exchange (CEX) over similar timeframes. These addresses have been selling continuously since the project's launch. Previously, on October 5th, Bubblemaps revealed that insiders held 60% of the "YEPE" meme coin promoted by James Wynn.
Leap Therapeutics (NASDAQ: LPTX), a biotechnology company, announced today that it has completed its previously announced private placement, led by Winklevoss Capital, raising $58,888,888 in cash to launch its digital asset finance strategy. Winklevoss Capital will provide capital and strategic support to help Leap build and execute its digital asset finance strategy.
James Butterfill, head of research at CoinShares, posted on the X platform that global digital asset fund inflows have reached $48.67 billion so far, surpassing last year's total. Currently, inflows into altcoins appear to be limited to SOL and XRP.
Binance Futures API now supports Chinese trading pair names
According to market news, the Binance contract system API has added support for Chinese trading pair names.
Binance co-founder He Yi clarified the Meme Rush ranking algorithm: "Token rankings only reflect the relative performance of Binance-exclusive tokens and do not represent any listing advantages. Token scores are calculated based on a comprehensive analysis of market capitalization, price, holdings, and trading activity. Customer service representative He Yi stated: Don't focus on rankings; they are for reference only."
A whale that had been dormant for six years has revived and staked 6,098 ETH on ETH2.0.
According to Onchain Lens, a whale that had been dormant for six years has revived and pledged 6,098 ETH to ETH2.0, worth approximately $26.68 million. The whale initially obtained 6,203 ETH from Kraken and Bitfinex, worth approximately $2.77 million at the time, and has currently realized a profit of approximately $24.29 million.
UK officially lifts retail ban on cryptocurrency ETNs
According to CoinDesk, the UK has officially lifted its long-standing retail ban on cryptocurrency exchange-traded notes (ETNs), stating that the digital asset market is mature and individuals can invest through regulated products, but integration into investment portfolios will take time. On Wednesday, the UK's Financial Conduct Authority (FCA) confirmed that retail investors can now purchase cryptocurrency ETNs listed on FCA-approved exchanges, such as the London Stock Exchange. On the same day, HM Revenue and Customs announced that these instruments can be included in individual savings accounts (ISAs) and pension plans, allowing investors to earn tax-free returns. Starting April 6, 2026, cETNs will be classified as investments in innovative finance ISAs, with unchanged tax benefits. This move demonstrates the government's commitment to diversified savings and mainstreaming digital finance.
Fed's Williams: Concerns about the labor market, favors further rate cuts
According to a New York Times report, Federal Reserve Chairman Williams said he supports further interest rate cuts this year, even though inflation has deviated from the central bank's 2% target in recent months. His rationale revolves around the already cracked labor market. Williams said he wants to prevent those cracks from deepening. He doesn't believe the U.S. economy is on the brink of a recession, but the slowdown in monthly job growth, coupled with other signs that businesses are more hesitant to hire, warrants attention. Williams noted that the Fed has flexibility to support the labor market because the inflation outlook looks less dire than it did earlier this year. Trump's tariffs have raised some consumer prices, but he expects the impact on inflation to fade over time, despite the president's new import taxes on products like furniture and pharmaceuticals. "I'm very concerned about the risk of a further slowdown in the labor market," Williams said, adding that if the economy develops as expected—with inflation rising to around 3% and the unemployment rate slightly above the current 4.3%—he would support "lowering interest rates this year, but we need to see what that means in detail."
According to Bloomberg, Robinhood Markets Inc.'s stock price has quadrupled this year, making it the best-performing stock in the S&P 500. This surge has been fueled by President Trump's deregulation of financial markets, which has led to rising stock prices and a surge in cryptocurrency trading. This surge has propelled Robinhood co-founders Vlad Tenev and Baiju Bhatt to their first appearance on the Bloomberg Billionaires Index's list of the world's 500 richest people, with personal fortunes of $7.5 billion and $8.8 billion, respectively. The co-founders each hold approximately 6% of Robinhood's shares and jointly control the board through a special class of super-voting stock. Bhatt will step down from his executive role in 2024 but will remain on the board.
A Luxembourg sovereign wealth fund has invested 1% of its assets in a Bitcoin ETF.
According to CoinDesk, a representative of the Luxembourg Financial Centre Development Agency stated that a Luxembourg sovereign wealth fund has invested 1% of its assets in a Bitcoin ETF, becoming the first national fund in the Eurozone to take such a step. Luxembourg's Finance Minister Gilles Roth revealed during the presentation of the 2026 budget to the Chamber of Deputies that Luxembourg's Intergenerational Sovereign Wealth Fund (FSIL) has invested 1% of its assets in Bitcoin. Jonathan Westhead, Head of Communications at the Luxembourg Financial Agency, stated that the investment is part of FSIL's new investment policy, approved by the government in July 2025, which aims to highlight Luxembourg's leading position in digital finance. FSIL, established in 2014, currently holds $730 million in assets, primarily invested in high-quality bonds. Under the revised framework, FSIL will continue to invest in equity and bond markets and can allocate up to 15% of its assets to alternative investments, including private equity, real estate, and crypto assets. To mitigate risk, Bitcoin investments are made through selected ETFs.
A suspected BitMine wallet received 23,823 ETH from BitGo, worth approximately $104 million.
According to Onchain Lens, a newly created wallet address (starting with 0xf8c) received 23,823 ETH from BitGo, which is approximately $103.96 million at current prices. The wallet is believed to belong to BitMine.
