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US government sells 4.45 million seized Anthropic shares, cashing out $627 million to repay FTX creditors
Odaily reports: The U.S. government has sold 4.45 million Anthropic shares seized from FTX, obtaining approximately $627 million, with the funds to be used to repay FTX creditors.According to the S-1 filing submitted by Anthropic, this batch of shares was resold to 9 buyers. Based on the valuation ahead of Anthropic's planned Nasdaq listing under the ticker symbol ANT, these shares are currently worth approximately $3.94 billion. (BeInCrypto)
Strive plans to issue up to $1 billion in SATS preferred shares via ATM.
According to U.S. SEC filings, Strive, Inc. filed a Form 424B5 prospectus supplement on October 26, announcing sales agreements with Cantor Fitzgerald, Barclays, Clear Street, StoneX, B. Riley, Maxim Group, and H.C. Wainwright to issue up to $1 billion in aggregate of 15.00% Series A Perpetual SATS Preferred Stock through an at-the-market (ATM) offering. Agent commissions are capped at 2.0% of gross proceeds. The SATS Preferred Stock trades on the Nasdaq Global Market, closing at $94.88 per share on October 23, below the $100 initial liquidation preference. Of the 7 million shares currently outstanding, the newly offered shares will carry identical terms. Based on a $100 par value, the preferred stock carries an annual cumulative dividend rate of 15%. Upon the closing of its IPO on October 20, the company established a dividend reserve by depositing $22.50 per share into an account to cover dividend payments for the first 18 months. Additionally, if the public float falls below 25% of the total shares issued in the initial offering and subsequent additions, or in the event of a "tax event," the company retains the right to redeem all shares. In the event of a "fundamental change," holders have the right to require the company to redeem at par plus accrued
Binance Research: U.S. September CPI Rises to 3.7%, Bitcoin Miners Accelerate Divergence
According to Binance Research’s weekly report, U.S. CPI rose to 3.7% in September, with energy accounting for more than one-third, while YoY PPI climbed to 6.3%. Based on the EIA oil price trajectory, headline CPI could peak at approximately 3.9% in October before declining to roughly 2.6% by March 2027. In the AI sector, Anthropic’s Q3 revenue grew 45% quarter-on-quarter, significantly below the previously observed rate of more than doubling. Its Binance Pre-IPO contracts dropped 8.8% over two trading days, while yields on CoreWeave’s 2032-maturing bonds rose to approximately 16%. Binance Research stated that cooling AI demand and rising financing costs are simultaneously impacting AI infrastructure transactions.
AllianceDAO co-founder jokes about Anthropic IPO valuation: There's a 50% chance AI leads to either extreme prosperity or human extinction, so target valuation should be cut in half
AllianceDAO co-founder QwQiao posted on X, jokingly discussing the valuation logic behind Anthropic's potential IPO. He said that when calculating Anthropic's expected value, investors should also consider the probability of AI bringing about either extreme prosperity or catastrophic consequences.QwQiao argues that if AI propels humanity into an era of extreme material abundance, money will lose its meaning; if AI leads to human extinction, money will likewise no longer matter. He jokingly put the combined probability of these two scenarios at 50%, with the remaining 50% being the scenario where humans continue to work and money remains important.Based on this assumption, QwQiao joked that all target valuations for Anthropic should simply be cut in half.
Bernstein: AI network equipment demand remains strong; market share and profit margins determine valuation recovery
Bernstein forecasts an EPS of approximately $36 for Celestica in 2028. Based on institutional buy-side estimates, its current stock price implies a roughly 9.7x P/E ratio for 2028. The market is questioning whether Celestica can defend its market share and profit margins after Google expands its TPU supplier base. Bernstein maintains an Outperform rating and a $520 price target, highlighting the October 27 Investor Day as a near-term catalyst.
Bitcoin fork asset BTCB2 once hit $1,799, with a fully diluted valuation of $20.9 billion calculated at a price of $1,000
Odaily News: Bitcoin fork asset BTCB2 hit an all-time high of $1,799 on September 5. Over the past 4 hours, its price has fluctuated between 750 and 1,000 USDC; the Neoxa USDC market recorded a 24-hour trading volume of approximately $1 million.BTCB2 originated from a chain split that occurred on August 8, 2026, at block height 961,632. The network subsequently changed its proof-of-work algorithm to Blake2 and reduced block size, and it can now be mined using Blake2-compatible ASIC miners.Neoxa Exchange and Nonkyc.io have listed BTCB2, with the former offering BTC, USDC, and USDT trading pairs, and the latter offering a USDT trading pair. Both platforms have limited liquidity, and CoinMarketCap and CoinGecko have not yet listed the asset.Based on a BTCB2 price of $1,000, its fully diluted valuation stands at approximately $20.9 billion. Since UTXOs need to be split from Bitcoin first, transactions may otherwise be vulnerable to replay attacks; the network's hash rate has risen by 30.41% over the past 7 days, reaching approximately 5.1 PH/s. (Bitcoin.com News)
Based co-founder: Police report filed over encrypted card data breach; trading wallet remains unaffected.
Based co-founder Edison has issued an update regarding the recent crypto card data breach. Edison stated that the compliance and operations teams are reaching out to affected users, have notified relevant authorities such as the Personal Data Protection Commission (PDPC), and formally filed a police report. They are currently working closely with law enforcement, and the crypto card business continues to operate normally.
Joseph Lubin: Some infrastructure experienced a security incident; MetaMask wallets and user funds remain unaffected.
Consensys founder Joseph Lubin stated in a post that the team has recently addressed and resolved a security incident impacting some infrastructure. Based on current investigation results, there is no indication that the MetaMask wallet or user funds within it were affected. The mnemonic phrase, private keys, and wallet assets were not compromised in this incident, and users retain full control over their assets.
Bitget Security Incident 12-Hour Progress Report: Cold Wallets Secure, No Commitment to Withdrawal Recovery Timelines That Cannot Be Fulfilled
Bitget CEO Gracy Chen posted a 12-hour progress report on the security incident on X, including:1. Affected assets include ETH, XRP (largest single-chain loss), BNB, AVAX, USDT, USDC, and other tokens. Affected chains include: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. All on-chain cold wallets have been confirmed secure and unaffected.2. All foundations of the affected chains have been contacted, and some foundations have confirmed the freezing of the hacker's wallet addresses.3. Based on IP behavioral characteristics and on-chain analysis, the attack methodology is highly consistent with known patterns of North Korean hacker groups. Relevant authorities have been notified, and full cooperation is being provided for a global investigation.4. Bitget Wallet (decentralized wallet) operates completely independently from Bitget exchange infrastructure, and this incident has no impact on it. Bitget Wallet assets are completely safe.5. Transparent disclosure regarding the platform's financial status: In addition to over $464 million in protection funds (all held in publicly verifiable wallet addresses), Bitget's own assets exceed $1 billion. User funds are covered at a 1:1 ratio, and all data can be verified on-chain.6. Regarding withdrawal recovery timing: The goal is to achieve full recovery as soon as possible. Once a specific time window is confirmed, an announcement will be made immediately. No commitment will be made to timelines that cannot be fulfilled.
Visa Survey: Bank-Grade Protection Can Increase Stablecoin Adoption Intent from 36% to 56%
According to The Block, Visa released its Money Travels 2026 report. Based on a survey of 2,192 U.S. adults, consumer willingness to use stablecoins would rise from 36% to 56% if they feature bank-level fraud protection and deposit insurance; if offered through existing financial institutions, willingness could also reach 45%. The survey also indicates that 56% of respondents had never heard of stablecoins, while 64% trust payment providers more than the technology itself. Currently, the global total supply of USD-pegged stablecoins exceeds $295 billion, comprising approximately $183.4 billion in USDT and around $76 billion in USDC. Visa's annualized stablecoin settlement volume has already surpassed $20 billion, representing an increase of over 15 times compared to a year ago.
Payward Announces Plans to Launch Hyperliquid-Based On-Chain Perpetual Futures for U.S. Customers
According to an announcement on Payward's official website, Payward, the parent company of Kraken, has announced plans to deploy on-chain perpetual futures products to U.S. customers via the Hyperliquid HIP-3 market, becoming the first registered exchange or clearing agency to launch a market on the protocol for U.S. clients. Payward's CFTC-regulated entity Bitnomial will serve as the HIP-3 deployer, responsible for creating, managing, and clearing and settling contracts. NinjaTrader Clearing will take charge of client accounts, restricting participation exclusively to users who have completed the NinjaTrader account opening process and passed the whitelist review.
Insiders: CLARITY May Be Split into Multiple Independent Bills Targeting Different Market Segments
Odaily News – Andy, host of The Rollup podcast, stated on X that rumors circulating on Capitol Hill suggest the CLARITY Act has almost zero chance of passing. While Polymarket's prediction probability shows 18%, the real odds are likely only around 3%–5%.According to his sources, it is widely understood within Washington D.C. that the bill cannot pass, but no one can openly say so, as the industry has already poured tens of millions of dollars and 18 months of resources into pushing it forward. The Democratic Party's ethical scrutiny over Trump's crypto-related business interests has yet to receive substantive answers. With that in mind, the odds for YES on prediction markets appear somewhat overvalued, and NO might be a direction worth watching.Andy: "The CLARITY Act may subsequently be 'split into several independent bills,' each targeting specific segments of the crypto market. After the CLARITY Act's failure, what may follow are innovation exemptions, regulations, or sub-bills addressing stablecoins, asset tokenization, perpetual contracts, and prediction markets. At this stage, lawmakers appear more inclined toward a segmented, granular approach rather than introducing one sweeping, all-encompassing crypto bill. Based on my conversations with insiders in Washington, this is the more likely scenario in the long run."
Analyst: Binance's Reserve Assets Only Declined Marginally After Attack, User Impact Limited
Odaily report: Crypto analyst Darkfost posted that although Binance yesterday suffered an attack suspected to be linked to the North Korean hacker group Lazarus Group, with losses of approximately $6.3 billion—the largest theft in crypto industry history—the platform's reserve assets only declined modestly, and the impact on users appears limited.Data shows that during the attack, Binance saw outflows of 18,279 BTC, 185 million XRP, and $1.67 billion USDT at one point; ETH flowed out in two batches, totaling 246,840 coins (167,464 and 79,376 respectively). Based on same-day reserve changes, BTC reserves fell 3.1% to over 682,000 coins, ETH dropped 8.5% to 3.3 million coins, XRP declined 8% to 2.47 billion coins, and USDT decreased 6.3% to $34.1 billion.Additionally, Binance stated it has frozen approximately $3 billion in related assets, including $1.567 billion USDT and over $800 million USDC, and pledged to absorb losses through the SAFU fund and company reserves. Darkfost believes the magnitude of change in Binance's reserve assets indicates the platform still possesses a certain capacity to absorb shocks.
An ETH whale holding for nearly four years appears to have liquidated its position, depositing 3,084 ETH into Binance, with an estimated profit of $928,000
Odaily reports: According to on-chain analyst Ai Yi's monitoring, address 0xbf8…808d5 deposited 3,084 ETH worth approximately $7.17 million into Binance 5 minutes ago, seemingly liquidating its position. This address accumulated its holdings in batches between November 2022 and February 2026, and had previously been depositing ETH into Lido for staking yield. Based on currently disclosed data, this operation is estimated to yield a profit of approximately $928,000. The address's last sell-off occurred between August and November 2025, when ETH was priced between $3,847 and $4,532.
Investment firm Seawolf Capital is shorting CoreWeave, saying it needs to raise tens of billions of dollars in new funding
Odaily reports: Investment firm Seawolf Capital says it is shorting cloud computing company CoreWeave. The firm was founded by three traders known for the book and film "The Big Short," and co-founder Vincent Daniel said the short position began with an analysis of CoreWeave's business model.Seawolf Capital points out that CoreWeave rents out AI compute powered by high-end GPUs, a model similar to businesses that purchase specific assets and then lease them out. The firm believes the economic lifespan of GPUs may fall short of oil drilling equipment, aircraft, or shipping equipment, and that competing chip compute supply is rapidly increasing.Vincent Daniel said CoreWeave needs to continuously invest large amounts of capital to purchase high-priced AI chips. Based on its assessment of the company's 2027 free cash flow gap and balance sheet leverage, the company may need to raise tens of billions of dollars in new funding on favorable terms. Seawolf Capital says its short thesis is focused on capital availability and cost, not a bearish view on the overall AI trade. (Business Insider)
Trader Killa: Bitcoin's Key Cycle Inflection Point May Arrive Within Days
Odaily reports: Trader Killa posted that Bitcoin's next major cycle inflection point is expected to arrive within a few days. Based on his observation of price movements over the past 600-plus days, the previous 11 inflection points all saw price action contrary to the mainstream market narrative. Bearish sentiment is still accumulating in the market, and if this pattern repeats, Bitcoin could rally against the trend by at least 5%. Killa also noted that a significant move may not necessarily occur immediately after the inflection point arrives, and he will focus on price performance at that time.
Analyst: PAPER Mining Rewards Plummet Nearly 90%, Token May Face Sell-Off Once Transferable
Odaily reports: Crypto analyst Ignas posted on X that PAPER token mining rewards have dropped significantly. Early users could earn 100 PAPER for every $1 of qualifying trading losses, but this has now fallen to approximately 11 PAPER. At current reward levels, a trade with a $1,000 loss would yield only about 10,700 PAPER. Based on recent staking yield levels, this translates to daily earnings of roughly $2.60 to $4.90, requiring approximately 200 to 385 days to recoup the loss—and this does not yet account for dilution effects from token emissions.In his view, once PAPER opens up for transfer, some trading users may prefer to sell tokens directly to recover losses, creating potential selling pressure. Galaxy Research previously noted that PAPER's market price will affect the scale of mining activity, which in turn determines the protocol's long-term revenue. If a decline in token price leads to reduced mining activity, it could further weaken protocol revenue and staking yields. PAPER's long-term value depends on whether Papertrade can continue to attract genuine trading demand and sustain revenue after incentives decline.
Position value of $57.5 million, whale trader's 20x long SOL shows unrealized profit of $13 million
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.
Analyst: Binance's Reserve Assets Only Declined Marginally After Attack, User Impact Limited
Odaily report: Crypto analyst Darkfost posted that although Binance yesterday suffered an attack suspected to be linked to the North Korean hacker group Lazarus Group, with losses of approximately $6.3 billion—the largest theft in crypto industry history—the platform's reserve assets only declined modestly, and the impact on users appears limited.Data shows that during the attack, Binance saw outflows of 18,279 BTC, 185 million XRP, and $1.67 billion USDT at one point; ETH flowed out in two batches, totaling 246,840 coins (167,464 and 79,376 respectively). Based on same-day reserve changes, BTC reserves fell 3.1% to over 682,000 coins, ETH dropped 8.5% to 3.3 million coins, XRP declined 8% to 2.47 billion coins, and USDT decreased 6.3% to $34.1 billion.Additionally, Binance stated it has frozen approximately $3 billion in related assets, including $1.567 billion USDT and over $800 million USDC, and pledged to absorb losses through the SAFU fund and company reserves. Darkfost believes the magnitude of change in Binance's reserve assets indicates the platform still possesses a certain capacity to absorb shocks.
Solana Governance Vulnerability Fixed, Did Not Affect Passage of SGP-0002 Proposal
Odaily reports: Blockchain security research firm Asymmetric Research has disclosed that Solana's on-chain governance program svmgov previously had a vulnerability: when validators did not participate in voting, independent votes submitted in advance by their delegators might not be counted in the final results. The vulnerability was reported to the Solana Foundation on July 10 and was fixed on mainnet on August 3, earlier than the governance vote on August 24. Based on on-chain data calculations, Asymmetric Research estimates that if the vulnerability had not been fixed, the approval rate of the SGP-0002 proposal, which aims to accelerate the decline in SOL inflation, could have dropped from the actual 67.00% to 66.65%, below the 66.67% passage threshold. The vulnerability was fixed before the vote and did not actually change the proposal's outcome.
Vitalik: AI May Accelerate Cryptanalysis, Recommends Prioritizing Hash-Based Encryption Schemes
Ethereum co-founder Vitalik Buterin warned in a post that AI-accelerated mathematical research could pose a severe threat to existing cryptographic systems within the next two years, particularly lattice-based cryptography (Lattices), ML-DSA, and FHE schemes, with ECDSA also facing a heightened risk of being compromised sooner than anticipated. Vitalik noted that AI could replicate breakthroughs akin to the transition from naive factorization to the Number Field Sieve, substantially undermining the security of lattice-based cryptography. In such a scenario, hash-based schemes would comprehensively outperform lattice-based ones in efficiency. The Ethereum Lean Roadmap is already progressing toward a "pure-hash" approach, employing signature schemes like WOTS or SPHINCS+ without incorporating any lattice-based components. From a personal standpoint, Vitalik offers the following recommendations: • Prioritize hash-based schemes, replacing lattice cryptography in feasible scenarios • Conservatively estimate lattice parameter sizes, with a recommendation to increase key sizes by a factor of 10 • Ensure privacy protocols avoid posting encrypted data on-chain, opting instead for off-chain transmission through third parties • Utilize offline confirmation for multi-signature wallets to prevent signatures from being publicly exposed • It is acceptable to retain funds in "fresh addresses" that have never initiated a transaction; however, address migration must be handled with extreme care, as losses resulting from operational errors may far exceed those caused by hacker breaches.
Joseph Lubin: Some infrastructure experienced a security incident; MetaMask wallets and user funds remain unaffected.
Consensys founder Joseph Lubin stated in a post that the team has recently addressed and resolved a security incident impacting some infrastructure. Based on current investigation results, there is no indication that the MetaMask wallet or user funds within it were affected. The mnemonic phrase, private keys, and wallet assets were not compromised in this incident, and users retain full control over their assets.
Bitget Security Incident 12-Hour Progress Report: Cold Wallets Secure, No Commitment to Withdrawal Recovery Timelines That Cannot Be Fulfilled
Bitget CEO Gracy Chen posted a 12-hour progress report on the security incident on X, including:1. Affected assets include ETH, XRP (largest single-chain loss), BNB, AVAX, USDT, USDC, and other tokens. Affected chains include: Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC, and Base. All on-chain cold wallets have been confirmed secure and unaffected.2. All foundations of the affected chains have been contacted, and some foundations have confirmed the freezing of the hacker's wallet addresses.3. Based on IP behavioral characteristics and on-chain analysis, the attack methodology is highly consistent with known patterns of North Korean hacker groups. Relevant authorities have been notified, and full cooperation is being provided for a global investigation.4. Bitget Wallet (decentralized wallet) operates completely independently from Bitget exchange infrastructure, and this incident has no impact on it. Bitget Wallet assets are completely safe.5. Transparent disclosure regarding the platform's financial status: In addition to over $464 million in protection funds (all held in publicly verifiable wallet addresses), Bitget's own assets exceed $1 billion. User funds are covered at a 1:1 ratio, and all data can be verified on-chain.6. Regarding withdrawal recovery timing: The goal is to achieve full recovery as soon as possible. Once a specific time window is confirmed, an announcement will be made immediately. No commitment will be made to timelines that cannot be fulfilled.
Gate Security Team Alerts Users to FomoPeek App Risks
Odaily News: According to monitoring and analysis by the Gate security team, the FomoPeek App contains malicious code with high security risks. It may exploit iOS system vulnerabilities to attack other apps and is capable of dangerous operations such as accessing the clipboard, scanning sensitive phone data, and obtaining login credentials. Based on the security team's analysis, no attack losses caused by the FomoPeek App have been found among Gate App or its users so far, and Gate's existing risk control mechanisms are operating normally.Gate reminds users to upgrade their iOS system to the latest version as soon as possible and check whether the FomoPeek App is installed on their devices. If it is already installed, please uninstall it immediately and restart the phone. After that, it is recommended to log in again to the Gate App and other important applications; if using a Web3 wallet, it is advisable to promptly check the wallet's security status and transfer relevant assets if necessary to reduce potential security risks.
Investment firm Seawolf Capital is shorting CoreWeave, saying it needs to raise tens of billions of dollars in new funding
Odaily reports: Investment firm Seawolf Capital says it is shorting cloud computing company CoreWeave. The firm was founded by three traders known for the book and film "The Big Short," and co-founder Vincent Daniel said the short position began with an analysis of CoreWeave's business model.Seawolf Capital points out that CoreWeave rents out AI compute powered by high-end GPUs, a model similar to businesses that purchase specific assets and then lease them out. The firm believes the economic lifespan of GPUs may fall short of oil drilling equipment, aircraft, or shipping equipment, and that competing chip compute supply is rapidly increasing.Vincent Daniel said CoreWeave needs to continuously invest large amounts of capital to purchase high-priced AI chips. Based on its assessment of the company's 2027 free cash flow gap and balance sheet leverage, the company may need to raise tens of billions of dollars in new funding on favorable terms. Seawolf Capital says its short thesis is focused on capital availability and cost, not a bearish view on the overall AI trade. (Business Insider)
or hinting at a pause in Bitcoin accumulation, Michael Saylor did not release Tracker information over the weekend
According to Odaily, Strategy founder Michael Saylor did not release Bitcoin Tracker information last weekend, potentially signaling that Strategy paused its Bitcoin accumulation last week. Based on previous patterns, Strategy typically discloses its Bitcoin accumulation information the day after the related announcement is released.
Ethereum Institutional Hiring APAC Head Based in Tokyo, Focused on Partnerships with Japanese Financial Institutions
A job posting published by Ethereum Institutional (@ethereuminsti) on its official X account announces that the organization is hiring an APAC Lead in Tokyo. The role involves establishing partnerships with Japanese banks, financial market infrastructure providers, asset managers, and enterprises, as well as planning and hosting forums and briefing sessions for financial institutions and institutional investors to advance Ethereum as the foundational infrastructure for next-generation financial services. Key requirements include: 5–7 years of hands-on experience in banking, asset management, capital markets, payments, or financial infrastructure; business-level fluency in both Japanese and English; prior experience in the digital assets space (with preferred qualifications in products or partnership deals serving financial institutions and institutional investors); and a broad network within Japanese financial institutions and among institutional investors.
ARK Increases Holdings in Nuclear Stocks X-Energy and Oklo, Gene-Editing Stock Scribe; Trims E-Commerce Stock Shopify
Based on daily trading data released by Ark Invest Tracker (@ArkkDaily), Cathie Wood's ARK Invest adjusted the holdings of several ETFs on October 21. Additions: • X-Energy (XE): ARKQ bought 134,201 shares, ARKX bought 66,146 shares. • Oklo (OKLO): ARKQ bought 42,230 shares. • Intuitive Surgical (ISRG): ARKQ bought 6,411 shares. • Intuitive Machines (LUNR): ARKX bought 43,539 shares. • Netflix (NFLX): ARKW bought 18,783 shares. • Scribe Therapeutics (SCTX): ARKG bought 199,698 shares. • Iambic Therapeutics (IAM): ARKG bought 18,936 shares. • Pacific Biosciences (PACB): ARKK bought 201,932 shares, ARKG bought 63,679 shares. Reductions: • Shopify (SHOP): ARKK sold 10,637 shares, ARKW sold 6,416
JPMorgan Chase's 2027 Long-Term Capital Market Assumptions include Bitcoin for the first time, with an expected compound annualized return of 10% and volatility of 55%.
Bitwise Chief Investment Officer Matt Hougan (@Matt_Hougan) shared a chart on X featuring J.P. Morgan Asset Management’s 2027 Long-Term Capital Market Assumptions (31st edition), which has now included Bitcoin in its asset class forecasts. According to the report, Bitcoin’s expected compounded return is 10.0%, its arithmetic mean return is 20.9%, and its annualized volatility is 55.0%. Comparative data for other assets are as follows: • US large-cap stocks: compounded return 7.5%, volatility 18.0% • US small-cap stocks: compounded return 7.7%, volatility 21.0% • Gold: compounded return 5.5%, volatility 17.2% • US aggregate bonds: compounded return 5.6%, volatility 4.7% • US cash: compounded return 3.2%, volatility 0.7% • US real estate investment trusts (REITs): compounded return 8.2%, volatility 17.3% Based on arithmetic mean returns, Bitcoin (20.9%) ranks highest among the assets listed in the report, followed by US small-cap stocks (9.66%) and US REITs (9.55%). By compounded return, Bitcoin (10.0%) also tops all other assets in the table.
Solana Governance Vulnerability Fixed, Did Not Affect Passage of SGP-0002 Proposal
Odaily reports: Blockchain security research firm Asymmetric Research has disclosed that Solana's on-chain governance program svmgov previously had a vulnerability: when validators did not participate in voting, independent votes submitted in advance by their delegators might not be counted in the final results. The vulnerability was reported to the Solana Foundation on July 10 and was fixed on mainnet on August 3, earlier than the governance vote on August 24. Based on on-chain data calculations, Asymmetric Research estimates that if the vulnerability had not been fixed, the approval rate of the SGP-0002 proposal, which aims to accelerate the decline in SOL inflation, could have dropped from the actual 67.00% to 66.65%, below the 66.67% passage threshold. The vulnerability was fixed before the vote and did not actually change the proposal's outcome.
Related news
Analyst: Binance's Reserve Assets Only Declined Marginally After Attack, User Impact Limited
Odaily report: Crypto analyst Darkfost posted that although Binance yesterday suffered an attack suspected to be linked to the North Korean hacker group Lazarus Group, with losses of approximately $6.3 billion—the largest theft in crypto industry history—the platform's reserve assets only declined modestly, and the impact on users appears limited.Data shows that during the attack, Binance saw outflows of 18,279 BTC, 185 million XRP, and $1.67 billion USDT at one point; ETH flowed out in two batches, totaling 246,840 coins (167,464 and 79,376 respectively). Based on same-day reserve changes, BTC reserves fell 3.1% to over 682,000 coins, ETH dropped 8.5% to 3.3 million coins, XRP declined 8% to 2.47 billion coins, and USDT decreased 6.3% to $34.1 billion.Additionally, Binance stated it has frozen approximately $3 billion in related assets, including $1.567 billion USDT and over $800 million USDC, and pledged to absorb losses through the SAFU fund and company reserves. Darkfost believes the magnitude of change in Binance's reserve assets indicates the platform still possesses a certain capacity to absorb shocks.
US government sells 4.45 million seized Anthropic shares, cashing out $627 million to repay FTX creditors
Odaily reports: The U.S. government has sold 4.45 million Anthropic shares seized from FTX, obtaining approximately $627 million, with the funds to be used to repay FTX creditors.According to the S-1 filing submitted by Anthropic, this batch of shares was resold to 9 buyers. Based on the valuation ahead of Anthropic's planned Nasdaq listing under the ticker symbol ANT, these shares are currently worth approximately $3.94 billion. (BeInCrypto)
An ETH whale holding for nearly four years appears to have liquidated its position, depositing 3,084 ETH into Binance, with an estimated profit of $928,000
Odaily reports: According to on-chain analyst Ai Yi's monitoring, address 0xbf8…808d5 deposited 3,084 ETH worth approximately $7.17 million into Binance 5 minutes ago, seemingly liquidating its position. This address accumulated its holdings in batches between November 2022 and February 2026, and had previously been depositing ETH into Lido for staking yield. Based on currently disclosed data, this operation is estimated to yield a profit of approximately $928,000. The address's last sell-off occurred between August and November 2025, when ETH was priced between $3,847 and $4,532.
Investment firm Seawolf Capital is shorting CoreWeave, saying it needs to raise tens of billions of dollars in new funding
Odaily reports: Investment firm Seawolf Capital says it is shorting cloud computing company CoreWeave. The firm was founded by three traders known for the book and film "The Big Short," and co-founder Vincent Daniel said the short position began with an analysis of CoreWeave's business model.Seawolf Capital points out that CoreWeave rents out AI compute powered by high-end GPUs, a model similar to businesses that purchase specific assets and then lease them out. The firm believes the economic lifespan of GPUs may fall short of oil drilling equipment, aircraft, or shipping equipment, and that competing chip compute supply is rapidly increasing.Vincent Daniel said CoreWeave needs to continuously invest large amounts of capital to purchase high-priced AI chips. Based on its assessment of the company's 2027 free cash flow gap and balance sheet leverage, the company may need to raise tens of billions of dollars in new funding on favorable terms. Seawolf Capital says its short thesis is focused on capital availability and cost, not a bearish view on the overall AI trade. (Business Insider)
Bitmine increased its holdings by 10,452 ETH last week, bringing the total to 6.05 million ETH.
According to PR Newswire, Bitmine Immersion Technologies (BMNR) disclosed on October 26 that as of October 25, the company held 6,051,933 ETH valued at $2,356 per coin, representing 4.95% of the 122.2 million ETH in total supply, approximately 99% toward its 5% target. The company also holds 215 BTC, $180 million in Beast Industries equity, $76 million in Eightco (ORBS) equity, and $514 million in cash and securities, with total assets amounting to approximately $15 billion. Last week, the company added 10,452 ETH and stated it has purchased ETH weekly since launching its ETH treasury strategy on June 30, 2025. In the same period, the company repurchased 2.04 million shares at an average price of $22.48. Year-to-date 2026 repurchases totaled 22.9 million shares worth approximately $399.6 million, which the company described as the largest share buyback by any cryptocurrency treasury company. Regarding staking, the company has staked 5,227,037 ETH worth approximately $12.3 billion, accounting for 86% of its holdings. Based on a seven-day yield of 2.58%, the annualized income from the current staked position is estimated at approximately $318 million.
Strive plans to issue up to $1 billion in SATS preferred shares via ATM.
According to U.S. SEC filings, Strive, Inc. filed a Form 424B5 prospectus supplement on October 26, announcing sales agreements with Cantor Fitzgerald, Barclays, Clear Street, StoneX, B. Riley, Maxim Group, and H.C. Wainwright to issue up to $1 billion in aggregate of 15.00% Series A Perpetual SATS Preferred Stock through an at-the-market (ATM) offering. Agent commissions are capped at 2.0% of gross proceeds. The SATS Preferred Stock trades on the Nasdaq Global Market, closing at $94.88 per share on October 23, below the $100 initial liquidation preference. Of the 7 million shares currently outstanding, the newly offered shares will carry identical terms. Based on a $100 par value, the preferred stock carries an annual cumulative dividend rate of 15%. Upon the closing of its IPO on October 20, the company established a dividend reserve by depositing $22.50 per share into an account to cover dividend payments for the first 18 months. Additionally, if the public float falls below 25% of the total shares issued in the initial offering and subsequent additions, or in the event of a "tax event," the company retains the right to redeem all shares. In the event of a "fundamental change," holders have the right to require the company to redeem at par plus accrued