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Kamino's New CEO: Will Strengthen Communication with KMNO Holders, Push for Kamino Integration into More Platforms

Odaily News: Kamino's new CEO Michael Weisz recently appeared on the Empire podcast hosted by Blockworks co-founder Jason Yanowitz, sharing Kamino's next steps. He hopes Kamino will become the primary lending and liquidity infrastructure for on-chain assets, connecting asset managers with distribution platforms such as brokerages and exchanges through APIs, so that users can directly access Kamino on platforms they are already familiar with.Regarding the token, Michael stated that he will communicate with KMNO holders in a manner similar to that of a public company. He said: "Since there are investors willing to bet on this vision and buy the token, we should respect that and continuously keep them updated on our progress." He mentioned that holders will regularly receive updates on team hiring, business partnerships, product upgrades, new asset listings, and partners, including the challenges encountered along the way. Nearly all of his own long-term earnings also come from KMNO.

Bitget Stock Futures Have Listed ZCSH and SNPS

according to an official announcement, Bitget has listed ZCSH (Grayscale Zcash Trust) and SNPS (Synopsys) stock perpetual contracts. These contracts are settled in USDT, support up to 20x leverage, and offer 24/7 trading. As of now, Bitget supports a total of 348 stock contract underlying assets.

Korea Exchange Night Trading Hits One-Month Mark: High Retail Investor Share Sparks Liquidity Concerns

According to South Korean media outlet EToday, the Korea Exchange’s (KRX) after-hours trading market, which supports overnight trading for all listed stocks, has completed its first month of operation, with analysis revealing that an imbalanced market participation structure has emerged as the primary issue. KRX data shows that during the first week following the launch of the after-hours session (September 14 to 18), retail investors accounted for 90.4% of trading volume, while foreign and institutional investors represented only 6.7% and 2.6%, respectively. An investor structure overly skewed toward retail traders may lead to inadequate market liquidity and amplify price volatility for individual stocks. To prevent the market from becoming a purely formal extended trading session, further improvements to the price formation mechanism, stronger overnight trading regulation, and the promotion of reforms in information disclosure, shareholder returns, and the tax system remain necessary.

Bitget CFD Gold XAUUSD Leverage Upgrade: Up to 2000x

According to official announcements, Bitget has upgraded its CFD products, further optimizing the tiered leverage and margin mechanism for gold (XAUUSD). When the exposure to XAUUSD and its related contracts (XAUUSD.p, XAUUSD.s, XAUUSD.pro) falls below $100,000, the maximum leverage has been upgraded from the previous 800x to 2,000x, with the corresponding margin requirement reduced to 0.05%. For positions exceeding this threshold, the platform will continue to adopt a tiered margin calculation mechanism, where the margin ratio will dynamically adjust as the notional value of the position increases. This upgrade further enhances capital efficiency and strategic flexibility in CFD trading through a more flexible leverage and margin tiering mechanism, providing professional traders with more options for strategy allocation across different market environments.

Gate's Contract Stock Zone will list 10 new targets including MP and SBUX, while the Meme Zone adds BATON contracts

According to an official announcement, Odaily reports that Gate will launch contract trading, trading bots, and copy trading for MP (MP Materials), ZCSH (Grayscale Zcash Trust), SNPS (Synopsys), LEN (Lennar Corporation), SBUX (Starbucks), VKTX (Viking Therapeutics), UMC (United Microelectronics Corporation), USDEX (StablecoinX), LULU (Lululemon), and AKAM (Akamai Technologies) on October 13, 2026, at 12:00 (UTC+8). The contracts support 1x to 20x long and short positions, with leverage selectable at the time of order placement. As of now, Gate supports contract trading for 475 stocks, providing users with more trading strategies and operational options.In addition, Gate's Contract Meme Zone has listed BATON contract trading, trading bots, and copy trading, with contracts supporting 1x to 10x leverage.

BlackRock Ends Nearly Six-Year Underweight Stance on US Treasuries, Downgrades US Equities from Overweight to Neutral

Odaily News: The BlackRock Investment Institute recently adjusted its US asset allocation, upgrading short-term US Treasuries to overweight, raising long-term US Treasuries from underweight to neutral, ending its nearly six-year underweight stance on US Treasuries. At the same time, the institute downgraded US equities from overweight to neutral and lowered its rating on US agency mortgage-backed securities (MBS).BlackRock stated that with US Treasury yields rising to their highest levels in more than two decades, current yields have become attractive, and market expectations for further Federal Reserve rate hikes may be excessively high. Currently, the interest rate swaps market reflects expectations of at least 75 basis points of rate hikes over the next 12 months.Regarding the downgrade of US equities, BlackRock pointed out that capital expenditure and financing needs driven by AI infrastructure buildout are increasing, which could exacerbate short-term volatility in US equities. However, the institute emphasized that this adjustment is aimed at managing near-term risks and does not mean a change in its core long-term bullish view on AI. (Jinshi)

Two crypto political action committees under Fairshake have spent approximately $2.7 million ahead of the midterm elections.

According to data released by the U.S. Federal Election Commission (FEC), two crypto Super PACs under Fairshake, Defend American Jobs and Protect Progress, have already invested approximately $2.7 million ahead of the midterm elections for advertising and direct mail campaigns to support bipartisan House candidates.

Meta releases Muse Wonder series, claiming superior performance to comparable models from Anthropic and OpenAI

Odaily News: Meta CEO Mark Zuckerberg said in an interview that with the release of the new model Muse Wonder, Meta has caught up to the industry frontier in AI technical capabilities and will continue to increase investment in computing power, infrastructure, and talent to compete with companies such as OpenAI and Anthropic.Meta claims that Muse Wonder outperforms models such as OpenAI GPT-6 Astra and Anthropic Claude Opus 5.5 in some benchmarks, and will be applied in scenarios including complex programming, financial analysis, and personal AI assistants. The model will adopt a closed-source paid model, with the base usage price as low as $0.20 per million tokens, and the subscription fee for the advanced version Muse Wonder Full at up to $200 per month.Zuckerberg also stated that Meta is more focused on "personal superintelligence" for individual users rather than simply pursuing the automation of knowledge work. He believes AI can achieve responsible development through conventional safety measures, and revealed that Meta has begun developing the next-generation model, with subsequent R&D progress expected to accelerate further. (Financial Times)

Anthropic releases new defensive measures, reducing data theft from model distillation attacks by 90% to 99%

According to official disclosures from Anthropic, the company recently deployed a new defense mechanism that reduced the data acquired through distillation attacks targeting its Claude model by 90% to 99%. Illegal distillation attacks primarily leverage networks of fake accounts to covertly extract frontier model capabilities for low-cost replication, constituting a cybersecurity and national security risk.

Blur will shut down its website frontend on November 12, while the on-chain protocol continues to run.

According to official sources, Blur has announced that its web frontend, blur.io, will be discontinued on November 12, 2026. This adjustment only affects the frontend layer; the Blur marketplace protocol will continue to operate on-chain, and $BLUR will retain control over the protocol fee toggle. Additionally, its affiliate lending protocol Blend will cease matching new loans on the same day (November 12, 2026), allowing borrowers to repay their loans or opt for default before the deadline. The official team noted that a frontend tool will be launched after the cutoff date to assist users in withdrawing their associated assets from Blend. Users are also advised to be vigilant against spoofed accounts and fraudulent announcements, and to rely solely on information published by official accounts.

Yuga Labs Blockchain VP: Recommends Users Immediately Revoke Blur Contract Approvals

Odaily News: Quit, Yuga Labs' Vice President of Blockchain, posted on X platform that as Blur announces it will discontinue its frontend on November 12, users are advised to immediately revoke NFT approvals to Blur smart contracts.Quit stated that their investigation has not yet found any exploitable vulnerabilities in Blur's existing contracts, but the contracts are upgradeable and carry the risk of malicious modification in the future. Currently, NFTs worth at least $10 million remain approved to Blur contracts, and their security depends on the Blur team's operational security capabilities. Quit recommends users revoke relevant approvals through tools such as revoke.cash to guard against potential contract attacks or malicious upgrade risks.

CFTC crypto regulatory framework may not be completed until early 2028, TD Cowen says there is a risk it may never be finalized

Odaily News: Jaret Seiberg, Managing Director of TD Cowen's Washington Research Group, said in a report released on Monday that the CFTC's advance notice of proposed rulemaking for crypto platforms issued last week is a positive step, but the agency may not complete the rulemaking until early 2028. As the 2028 election cycle approaches, there is a risk that the relevant rules may ultimately fail to be finalized. Seiberg expects that the CFTC will not issue a proposal until the end of the first quarter or the beginning of the second quarter of 2027 at the earliest, and may not finalize the rules until early 2028.According to Seiberg, the proposed rules would require platforms to maintain proof-of-reserves audits and give the CFTC jurisdiction over state-licensed platforms, but would avoid direct jurisdiction over spot market trading. He said that if the CFTC accelerates the rulemaking process, it could increase the risk that courts block the rules on procedural grounds, and related legal challenges could extend beyond 2028.

Most Americans Oppose Betting on Elections and Government Actions

a poll shows approximately 69% of Democrats and 61% of Republicans oppose using prediction markets to bet on U.S. elections, military actions, and policy announcements, with only 8% and 9% respectively supporting such betting. Respondents consider such markets unethical, socially corrosive, and potentially harmful to national security. The prediction market industry, led by Polymarket and Kalshi, continues to expand, and policymakers are concerned that related platforms may open new channels for insider trading and manipulation.

Fairshake-affiliated PAC Spends $2.7 Million Ahead of 2026 Midterm Elections

Crypto political action committee Fairshake and its affiliates spent $2.7 million on advertising ahead of the 2026 U.S. midterm elections, focusing on supporting multiple House candidates.

Fairshake-affiliated PACs spend $2.7 million to support 2026 House candidates

Odaily News: Fairshake-affiliated entities Defend American Jobs and Protect Progress have spent a combined $2.7 million to support Democratic and Republican candidates running for U.S. House seats in 2026. The spending comes 22 days before the U.S. midterm elections.The expenditures include over $76,000 in supportive advertising for House Majority Whip Tom Emmer and $73,000 for House Agriculture Committee Chairman Glenn Thompson; California Representative Pete Aguilar and New Jersey Representative Josh Gottheimer received $512,000 and $500,000 in support, respectively.Fairshake announced days ago that it plans to support 32 additional House candidates in 2026, with 6 of them each receiving $1 million in supportive media placements. As of August, Fairshake held $122 million in cash and planned to allocate at least $30 million in media spending to oppose Sherrod Brown's run for the Ohio Senate seat.All of the aforementioned candidates voted in 2025 to support the Digital Asset Market Clarity Act (CLARITY Act). The bill aims to establish market structure rules for cryptocurrencies and expand the U.S. Commodity Futures Trading Commission's (CFTC) regulatory enforcement authority, but it failed a Senate procedural vote in September. (Cointelegraph)

FASB issues new standard: crypto assets may be measured at fair value

FASB approves fair value measurement of crypto assets, eliminating accounting hurdles to drive corporate stablecoin adoption.

US Proposes Adjusting Stablecoin Accounting Rules, Qualifying Tokens Could Be Classified as Cash Equivalents

Odaily reports: Blockchain project Tempo has released a report stating that the U.S. Financial Accounting Standards Board (FASB) is proposing to adjust stablecoin accounting rules, allowing qualifying tokens to be classified as cash equivalents on corporate balance sheets, potentially reducing accounting barriers to corporate stablecoin adoption.Under current accounting practices, stablecoins—even when fully backed by U.S. dollars—may not qualify for inclusion in a company's reported cash reserves, thereby affecting liquidity ratios and loan covenants. The proposed rules would allow companies to use stablecoins for payments and settlements, but would require them to have direct redemption rights against the issuer.Purchasing USDC through an exchange may not necessarily qualify for cash equivalent recognition. In its 2025 annual report, Coinbase classified USDC and other payment-type stablecoins as cash equivalents, based on its redemption arrangement with Circle.The public comment period for the FASB's proposed rules will run until November 19, after which the board will review feedback and determine the final accounting changes and effective date. The proposal comes as the market size of USD stablecoins has surpassed $300 billion. (Cointelegraph)

Coinbase Advanced Launches New Trading Engine, VIP3 Rates Free for First 30 Days

According to Odaily, Coinbase posted on X that Coinbase Advanced now has access to a new trading engine and offers VIP3 rates, free for the first 30 days.

Cryptographic schemes can be upgraded without changing addresses, Starknet says it has compared the quantum security readiness of 10 networks

Starknet posted on X stating that most blockchains do not have quantum security plans and can only respond by migrating funds; its network supports upgrading cryptographic schemes without changing user addresses and without migrating funds, which it calls "cryptographic agility" for addressing quantum risks. Starknet says it has compared the quantum security readiness of 10 networks.

Focus for October 13: OPEC Monthly Report and Remarks from Fed Officials

On October 13, 2026, key macroeconomic data will be released, including the Reserve Bank of Australia’s September meeting minutes, Germany’s September final CPI reading, and U.S. existing home sales. On the same day, Fed officials Waller, Barkin, and Collins will deliver speeches in succession, while Apple will also host a new product launch event.