News linked to both this project and an event.
the cloud desktop service of Japanese internet giant GMO Group suffered unauthorized access, with up to 26,739 servers potentially affected. In the ransom letter, hackers demanded payment in BTC and ETH, initially asking for $50 million, then reducing the demand to $1 million, while threatening to continue conducting anomalous transactions in compromised accounts and publicly disclosing user data. GMO Group representative Masatoshi Kumagai stated that the company refused to compromise and did not pay any funds; its crypto exchange GMO Coin confirmed that no abnormal operations were found in customer accounts. The hackers subsequently published some data and threatened to update it daily. The website domain hosting the leaked information was shut down in the early morning of October 28.
Odaily reports: USAT is independently issued by Anchorage Digital Bank, N.A., with Tether providing technology and supporting branding, strategy, and distribution. Anchorage's disclosure states that Tether is not the issuer of USAT and has no obligation to redeem or guarantee the token; USAT and USDT are different products with different issuers and legal arrangements.Anchorage's terms only allow approved customers to directly mint or redeem USAT, while other holders typically need to trade through exchanges or the secondary market. Its August 31, 2026 reserve report shows approximately 175.7 million redeemable USAT in circulation, corresponding to approximately $176.4 million in reserve assets.The GENIUS Act took effect on July 18, 2025, with its main issuance framework set to be implemented on January 18, 2027. The U.S. Office of the Comptroller of the Currency (OCC) published the main implementing rules on October 21, 2026; as of October 27, the OCC had not yet initiated the application process, and public materials do not indicate that USAT has obtained issuance approval under the Act. (Bitcoin.com News)
Odaily Report: Following the capture of Chen Zhi, the "mastermind" behind Cambodia's Prince Group, multiple jurisdictions have successively initiated proceedings to dispose of Prince Group's related assets. In connection with the 30 British Virgin Islands (BVI) entities effectively controlled by Chen Zhi, local courts have appointed Joint Provisional Liquidators (JPLs) to investigate and preserve the corresponding assets. The BVI insolvency proceedings are collective in nature, and eligibility to file claims is not determined by nationality or jurisdiction—potential victims from any jurisdiction may file claims. This means that victims of telecom fraud and online gambling from China may also be able to submit claims at some point in the future.It is noted that "the scope of liquidation is not determined solely on the basis of sanctions." Two companies not subject to sanctions but included in the liquidation list—Amber Hill Ventures Limited ("AHV") and Lateral Bridge Global Limited ("LBG")—were mentioned in U.S. judicial proceedings and are entities within the broad network associated with Prince Group. Prosecutors stated that of the more than 120,000 BTC seized by the United States, over 90,000 BTC flowed through AHV, LBG, and another entity registered in the Cayman Islands, Future Technology Investment. As for claims by victims of telecom fraud and online gambling, no claims filing and distribution process has yet been established. If liquidation proceedings commence in the future and sufficient funds are available to support distributions to creditors, the liquidators will establish a claims process, adjudicate claims, and make distributions in accordance with BVI insolvency law. (Caixin)
Odaily report: Federally regulated digital asset bank Anchorage Digital Bank has expanded its partnership with Bitso to provide custody services for MXNB across six blockchains: Arbitrum, Base, Ethereum, Polygon, Avalanche, and Arc. Bitso stated that its infrastructure already processes 15% of transaction volume on the U.S.-Mexico remittance corridor.Bitso has also listed the U.S. dollar stablecoins USDPT and USAT, issued by Western Union and Tether respectively. Mexican users can directly buy and sell USDPT with pesos through the Bitso app; Western Union agents operating Bitso Business accounts can also exchange USDPT for other supported currencies. (Bitcoin.com News)
Odaily reports: According to Bitcoin News monitoring, Electrum released version 4.8.3 on October 24, 2026, fixing a security vulnerability that has already been exploited in real attacks. Malicious servers could display fabricated transactions to users and, when users attempt to speed up transactions via Replace-by-Fee (RBF), trick them into signing transactions that pay the attacker's address; the attacker does not need to obtain the user's private keys. Electrum stated it has received two related reports, in which one user lost bitcoin after increasing the fee, and recommends that users update to version 4.8.3.
Odaily reports: CF Benchmarks, the index provider under Kraken's parent company Payward, has launched CFB Oracle, bringing pricing benchmarks for BlackRock's Bitcoin ETF and CME Group cryptocurrency futures into blockchain applications. The service provides benchmark data across cryptocurrency, equities, bonds, commodities, and forex markets, enabling developers to build products such as on-chain index funds, tokenized portfolios, and derivatives.CF Benchmarks states that its indices currently serve products representing over $120 billion in assets. CFB Oracle now supports Ethereum, HyperEVM, and Robinhood Chain, with plans to expand to other compatible networks in the future. Payward also plans to use the service to provide pricing data for its upcoming U.S. perpetual contract product, which is still awaiting regulatory approval. The service will compete with oracle providers such as Chainlink and Pyth. (CoinDesk)
Odaily reports: AI compute startup General Compute has completed a $100 million Series A funding round, led by Blackbird Ventures and Abstract Ventures, with a post-money valuation of $800 million, a significant increase from the $60 million valuation after its seed round in May this year. The funding was driven by an order from a large customer with $100 million in annual recurring revenue.General Compute focuses on AI inference compute, using specialized chips from NVIDIA competitors, and has reached a $400 million chip procurement agreement with SambaNova, with suppliers also including Positron and Cerebras. Unlike the traditional approach of building large data centers, the company deploys AI compute by leasing data center space, utilizing smaller-scale power resources, and retrofitting Bitcoin mining farms, with plans to deploy 75 megawatts of compute capacity by 2027. Amid CoreWeave's stock falling to near a 12-month low and Elon Musk's prediction that more than 200 new cloud service providers will undergo elimination and consolidation, General Compute co-founder and CEO Finn Puklowski believes that market fears of a chip-induced industry collapse are severely exaggerated, and customer demand for various chips and compute remains strong.PANews, October 27: According to reports, AI compute startup General Compute has completed a $100 million Series A funding round, led by Blackbird Ventures and Abstract Ventures, with a post-money valuation of $800 million, a significant increase from the $60 million valuation after its seed round in May this year. Currently, General Compute focuses on AI inference compute, using specialized chips from NVIDIA competitors, and has reached a $400 million chip procurement agreement with SambaNova, with suppliers also including Positron and Cerebras. (TechCrunch)
According to Wintermute's weekly market report, Bitcoin fell 2.43% last week, marking its third consecutive weekly decline, breaking below $82,500 and retesting $80,000 before closing at approximately $80,500. ETH dropped 3.40%, closing at around $2,330. U.S. spot Bitcoin ETFs recorded a net outflow of $636 million on Thursday, the largest single-day outflow since June, coinciding with a 2.6% drop in the Nasdaq on the same day. On the macro front, following Houthi attacks on Saudi oil infrastructure, Brent crude surged 5.66% to $116.72, with oil prices displacing AI financing as the primary market concern. Wintermute noted that as of October 18, markets price in roughly an 86% probability that the Federal Reserve will hold rates steady this Wednesday, alongside expectations for a December rate hike. The Fed's forward guidance regarding December represents the key risk. Technically, BTC must reclaim the $82,000–$82,500 zone. Should the $80,000 level fail, the next support sits at $76,000, with a breakdown likely pushing prices to just over $70,000. The firm stated it is temporarily not taking a bearish view but will remain cautious until the FOMC meeting concludes and BTC reclaims $82,500. Key upcoming events include the October 28 FOMC meeting, October 29 reports for Q3 GDP and September PCE data, and the October 30 monthly options expiration.
Odaily reports: Bitcoin treasury company Strategy shareholders will vote on October 28 on whether to amend the terms of STRC, STRF, STRK, and STRD to allow dividend record dates to be set on a daily basis. The proposal requires majority support of the total voting power of all outstanding common shares, with abstentions and broker non-votes counted as opposition; preferred shareholders have no voting rights.Michael Saylor currently controls 32.9% of the total voting power, and the proposal still needs about 17 percentage points of support from other shareholders. If approved, STRC holders can receive dividends on a daily basis from November 1 to 30, totaling $1 per share, with an annualized rate of 12%; if not approved, daily dividends will not be implemented.Strategy will announce its third-quarter results on October 29. As of October 25, the company held 848,517 bitcoins and $5.1 billion in dollar assets. (Bitcoin.com News)
According to Bitcoin.com News, a collaborative project in Thailand has launched a digital wallet app called WORPT, which allows foreign tourists to exchange stablecoins such as USDT and USDC for Thai baht and make payments to local merchants via Thailand's QR Promptpay network. Launched under the Securities and Exchange Commission of Thailand’s (SEC) tourist Digipay regulatory sandbox initiative, the app is jointly developed by Waan Exchange and Wipay, in partnership with the USDT issuer, The Mall Group, and Visa. Designed within the sandbox framework, local merchants will not receive cryptocurrency directly; instead, payments are settled in Thai baht through standard payment channels. WORPT also plans to introduce physical and virtual Visa prepaid cards, allowing users to draw from a shared Thai baht balance for both QR code scans and card transactions. The project is slated to hold its official launch event in November 2026.
Odaily Report: The French Ministry of Finance, the Financial Markets Authority (AMF), the Bank of France, and the Prudential Supervision and Resolution Authority (ACPR) have jointly recommended to the European Commission that crypto platforms and other third parties be allowed to distribute rewards to stablecoin holders when specific conditions are met. The four institutions believe that such rewards should be regulated rather than banned outright.The four institutions proposed that platforms should disclose reward information to holders, must not promise guaranteed returns, and should not market rewards as savings products; regulators should also monitor the impact of rewards on bank deposits. France continues to support banning stablecoin issuers from paying interest, but opposes extending the ban to staking and lending activities.The European Central Bank and EU national central banks, meanwhile, advocate maintaining the ban on stablecoin interest and bringing indirect benefits such as rewards and fee waivers, as well as activities including lending and staking, within the scope of restrictions. The European Commission must submit a review report on the Markets in Crypto-Assets Regulation (MiCA) to EU legislative bodies by June 30, 2027, and may propose amendments. (Bitcoin.com News)
a Polymarket contract on Israel's prime ministerial election has surpassed $55 million in trading volume, with Gadi Eisenkot at a 55% probability of winning and Benjamin Netanyahu at 29%. Eisenkot, a former Chief of the General Staff of the Israel Defense Forces and current leader of the Yashar party, is the subject of a contract on who will become prime minister following the parliamentary election on October 27, 2026.Traditional polling shows Eisenkot's bloc leading Netanyahu's bloc by 6 seats, but no single party currently holds a majority. The Israel Democracy Institute has called on the Central Elections Committee to treat prediction market odds as polling and to restrict the publication of related results before elections. (Bitcoin.com News)
Bitcoin software wallet Electrum released version 4.8.3 on October 24, fixing a critical vulnerability. Malicious servers could exploit this vulnerability to tamper with unconfirmed transactions and redirect user funds to attacker addresses; the vulnerability affects all versions prior to 4.8.3.Attackers could intercept payments broadcast by users through compromised servers and inject fake conflicting transactions displaying zero fees. If users increase the fee on a transaction that appears stuck, the newly signed and broadcast transaction could send funds to the attacker's address. At least one user reported losing funds as a result on October 18.This patch verifies the signatures of the wallet's own inputs before adding unconfirmed transactions to the local record; transactions from external senders whose inputs do not belong to the user's wallet are still not subject to signature verification. Electrum developer SomberNight stated that closing this gap will require additional work. (Decrypt)
According to The Block, Galaxy Research stated in a report released on October 26 that the Bitcoin bear market ended in June and that the current moment presents an attractive opportunity to buy and hold. The report notes that as of October 18, Bitcoin had closed above its 50-week moving average for five consecutive weeks, breaking a prior streak of 44 consecutive weeks below the level. Meanwhile, the monthly average volume transacted from long-term holding wallets dropped from 67,000 BTC in 2024 to 34,000 BTC in 2026. Galaxy’s head of research, Alex Thorn, cautioned that this bullish thesis would face challenges if Bitcoin records a weekly close below the $76,540 50-week moving average and fails to reclaim it within a month.
According to official news from Odaily, Gate Event Contracts has launched a limited-time trading campaign running from October 22 at 16:00 to November 5 at 08:00 (UTC+8), featuring a total reward pool worth 100,000 USDT, covering new user first-order rewards, trading check-ins, trading milestones, and a peak trading competition. On the product side, a new INDEX (contract index price) market has been added, covering BTC and ETH on 5-minute and 15-minute cycles, using the Gate contract index price as the settlement basis and operating independently from the existing TWAP market; the simultaneously launched "one-click trading" feature supports preset amounts of 5, 20, and 100 USDT as well as custom amounts, simplifying the order placement process for short-cycle trading.During the campaign, users must register before trading. The first 1,000 eligible new users who complete their first trade with a net buy value of no less than 20 USDT can receive a reward worth 5.5 USDT; users who complete the required trades and check in for at least 3 cumulative days can share in a prize pool worth 10,000 USDT based on the proportion of check-in days. Users with a daily trading volume of no less than 10,000 USDT who meet the requirement for 7 consecutive days can receive a reward worth 140 USDT; those with a cumulative trading volume of 20,000 USDT can also participate in a 30,000 USDT trading volume sharing prize pool. On the peak leaderboard, users with a cumulative trading volume of 150,000 USDT can receive a guaranteed reward worth 1,000 USDT, and the first-place winner can additionally receive a reward worth 4,000 USDT. All rewards are issued in the form of Event Contract trial coupons; the first-order reward can be stacked, while the other three types of rewards are issued at the higher value. This campaign, combined with product upgrades, brings Gate Event Contract users more market choices and a more efficient order placement experience.
According to a post by Bitcoin News on X, an email phishing campaign is targeting FoundationHQ users. Do not click any links in the emails. The FoundationHQ team has not yet issued an official announcement.
Odaily report: The California Department of Financial Protection and Innovation (DFPI) has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) opposing its "Regulation Crypto Assets" proposal, stating that the plan could weaken investor protection and limit state government review of issuance projects. DFPI Commissioner KC Mohseni said California opposes federal regulators undermining state-level regulatory authority and protective measures.The proposal would allow eligible issuers to raise up to $5 million over four years through a startup exemption; another crypto fundraising exemption would allow issuers to raise up to $75 million within 12 months. Relevant issuances would need to disclose project details, risks, and other information necessary for investor assessment, and some fundraisings would also require submission of financial statements and ongoing reporting.Federal securities laws still preserve states' authority to investigate securities fraud, deceptive practices, and illegal broker or dealer activities. Blockchain payments company Ripple, crypto exchange Coinbase, and exchange operator Nasdaq all support adjusting the proposal; the DFPI said its scam tracker list added nearly 200 crypto-related scams, an increase of 30% from the previous year. (Bitcoin.com News)
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.
Odaily reports: Major U.S. banks including JPMorgan, Bank of America, and Citigroup are tightening restrictions on third-party AI agents' access to customer accounts and their ability to execute transactions. Citigroup prohibits unauthorized third-party agents from logging in or trading directly through digital platforms, but allows some approved connections with read-only access to account information.JPMorgan CEO Jamie Dimon said during the October 13 earnings call that external agents should not be allowed unrestricted access to bank systems; Bank of America CEO Brian Moynihan emphasized that payments must be authorized by humans. Wells Fargo's updated access agreement is scheduled to take effect on November 24, distinguishing between viewing financial information and executing transactions. (Bitcoin.com News)
Odaily reports: Bitcoin News posted on X platform that Lightning Labs has opened Wavelength to all users, allowing AI agents to autonomously send and receive payments on the Bitcoin mainnet via the Lightning Network and L402, without requiring manual approval for each transaction. AI agents can use it to pay API call fees, purchase data, and transact with other agents, with individual fees as low as under 1 cent; developers can integrate payment functionality into applications without running a Lightning Network node, managing channels, or sourcing liquidity. The self-custodial toolkit supports independent on-chain exits, with each wallet initially capped at 300,000 sats, and Lightning Network payments incur a 0.25% service fee. Wavelength is currently still in Alpha and plans to support stablecoins.