News linked to both this project and an event.
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)
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.
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.
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
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.
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.
Odaily News: StandX co-founder and CEO Aaron Gong posted on X, stating: "Regarding this decision for StandX not to conduct a TGE, I want to be candid with everyone. Without external capital backing, our TVL reached a peak of $200 million. The team has achieved commendable results, but we still fell short of our expectation of entering the industry's top three. Based on the project's current fundamentals, we could indeed proceed with a token launch. But if we cannot deliver long-term value and instead profit through token issuance and short-term speculation, we would be leaving the cost to our users and community. That would be irresponsible both externally and internally, and it goes against my values. Most of our past revenue has already been distributed to users through SIP-2 / SIP-3 subsidies. For this airdrop, in addition to the surplus on the project's books, I will also contribute personally to give back as much as possible to the community that has supported us all along. All user funds are safe. We will ensure an orderly wind-down and clearly announce the specific arrangements for fund withdrawals, the airdrop, and the cessation of all services. Thank you to every user and team member. I regret that we could not reach the position we had hoped for. We will do our best to finish things properly."
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.
Strategy founder and executive chairman Michael Saylor has once again posted information regarding the Bitcoin Tracker. Based on past patterns, Strategy typically discloses changes in its Bitcoin holdings the day after such announcements are released.
Odaily reports: Bitcoin News posted on X that Strategy currently holds 848,000 BTC, while BlackRock's IBIT holds 805,222 BTC, bringing their combined holdings to 1.653 million BTC, approximately 7.9% of the 21 million total supply cap. Based on Monday's price of $85,179, these BTC are worth approximately $141 billion. Some of this is held on corporate balance sheets, while the rest backs ETF issuance and redemption shares.
Odaily Report: Michael Saylor once again posted Bitcoin Tracker-related information on the X platform, with the caption "More orange than ever."Based on previous patterns, Strategy typically discloses Bitcoin holdings changes the day after such messages are posted.
According to CoinDesk, Utexo, an infrastructure project supported by Tether, plans to issue USDT on the Bitcoin network this month. Utexo has obtained a commercial license to issue USDT on Bitcoin and plans to provide corresponding APIs, SDKs, and cloud infrastructure for exchanges, wallets, and payment service providers. Based on the RGB protocol and the Bitcoin UTXO model, Utexo will keep most transaction data off-chain, with a focus on supporting three types of applications: private USDT transfers, direct swaps between native BTC and USDT, and borrowing using native BTC as collateral without wrapping BTC to other blockchains. USDT was first issued on the Bitcoin network via the Omni protocol in 2014, after which Ethereum and Tron gradually became its primary circulating networks. Following the issuance of USDT on the Bitcoin mainnet, Utexo also plans to further expand to the Lightning Network.
the U.S. Securities and Exchange Commission (SEC) on September 1 proposed the first major update to securities transfer agent rules since the late 1970s, aiming to adapt to the shift from paper records to electronic data.SEC Chairman Paul Atkins said the rules should reflect how securities transfer agents actually operate today and in the future, including the use of blockchain technology in securities issuance and share transfers.Securities transfer agents are responsible for maintaining official records of securities ownership, processing transfers and restrictive legends, and collaborating with the Depository Trust & Clearing Corporation (DTCC) as part of the national clearing and settlement system. (CoinDesk)
Binance announced that since the final dividend amount for Samsung Electronics has not yet been confirmed, the platform will use an estimated value to calculate dividends for the SAMSUNGUSDT TradFi perpetual contract. Based on a reference of KRW 4,500 per share, Binance will apply dividend adjustments to traders holding net positions on the contract's ex-dividend date (September 29, 2026, 08:00 KST). Within one week of Samsung Electronics officially announcing the actual dividend amount, Binance will reconcile any difference. Additionally, the dividend adjustment amount will not be subject to funding rate caps or floors.
According to Odaily, BigShort posted on X platform that its burn flywheel mechanism BigShort101 is now live. SHORT will be used to buy and burn the number one token, and the number one token will buy and burn the number two token. This flywheel mechanism will continue through the top 100 tokens, driving the joint development of various community ecosystems.
Bitcoin treasury company Strategy founder and executive chairman Michael Saylor once again posted information related to the Bitcoin Tracker, captioned "Even more orange". Based on previous patterns, Strategy typically discloses changes in its Bitcoin holdings the day after such information is released.
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.
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.
A commit titled “Binary options support” recently appeared in the codebase for the decentralized order book exchange platform Lighter, indicating that its ZK Circuits may have begun supporting binary outcome markets (prediction markets). Based on the code, each market features a settlement cap, with share prices trading between 0 and the cap; upon settlement, shares ultimately resolve to zero or reach the cap. Contracts are fully collateralized with USDC, meaning they involve no leverage or liquidation. Analysis suggests that Lighter may introduce a "market operator" model, which would allow whitelisted operators to create, manage, and handle market settlement, similar to the HIP-3 deployment model.
Odaily News: Michael Saylor, founder and executive chairman of Bitcoin treasury company Strategy, has once again posted Bitcoin Tracker-related information, with the caption "A little more orange." Based on previous patterns, Strategy typically discloses Bitcoin holdings changes the day after such messages are posted.