GetChain News
中简 中繁 EN
GetChain News
Toggle sidebar

Online/Update

News linked to both this project and an event.

Payment and fund security vulnerabilities fixed, Eclair Lightning node users need to upgrade to v0.14.5

Odaily reports: Bitcoin News posted on X platform that users running Eclair Lightning nodes should upgrade to v0.14.5. ACINQ released two versions within 5 days: v0.14.4 on October 15 fixed a vulnerability where malicious websites exploited browser-cached API login credentials to trigger payment and channel operations; v0.14.5 on October 20 fixed vulnerabilities in the node's peer layer, which developers said could allow channel partners to steal funds or interfere with payments. No fund losses have been reported so far. After the update, the browser dashboard will no longer be able to communicate directly with the node API.

DWF Labs: Bitcoin Spot ETF Fund Flows Lag Behind Price Action, Making Future Trends Hard to Predict

In a research report released on Thursday, DWF Labs pointed out that daily fund flows of U.S. spot Bitcoin ETFs are poor predictors of Bitcoin's subsequent price movements, as investors tend to buy after prices rise and withdraw funds when prices fall. The study covered 694 trading days since the launch of U.S. spot Bitcoin ETFs in January 2024: in the 8 instances where Bitcoin's price dropped by 15%, net ETF outflows occurred 7 times; while in all 9 instances where prices rose by 15%, net inflows occurred. DWF Labs concluded that ETF fund flows are more of a confirmation of market trends rather than a leading indicator.Data shows that the correlation coefficient between same-day ETF fund flows and Bitcoin price changes over the previous 5 trading days was 0.54, but the correlation coefficient with price changes over the subsequent 5 trading days was only 0.03. Between October 2025 and February 2026, Bitcoin ETFs saw net outflows of approximately $6.9 billion, and during the market downturn from May to June 2026, net outflows reached approximately $8.2 billion. DWF Labs also noted that some ETF trading may involve hedging strategies that combine buying fund shares with shorting Bitcoin via CME futures, meaning fund flows do not directly reflect investors' true bullish or bearish positions. (Cointelegraph)

Bitcoin Hashrate Returns to Uptrend, CryptoQuant Founder Says Public Mining Companies Backed by Traditional Finance Giants

CryptoQuant founder Ki Young Ju posted on X that Bitcoin's hashrate has returned to an uptrend, with miners operating at full capacity. Higher hashrate means enhanced network security and further strengthens Bitcoin's fundamentals as a store of value. Ki Young Ju stated that public mining companies have gained support from traditional finance giants, which he views as an indirect bullish signal from institutional investors.

$100M Bitcoin-backed Collateral Integrated into Dolomite, BTCcx Borrowing Enabled

Odaily reports: Decentralized trading and lending platform Dolomite has announced that, through Concrete's BTCcx infrastructure, it has integrated $100 million in Bitcoin-backed collateral into its on-chain lending market and has enabled borrowing functionality based on this collateral. BTCcx is an on-chain token issued and managed by Concrete, representing underlying Bitcoin held in qualified custody by BitGo, deployed on the Ethereum network. Concrete is responsible for the issuance and full lifecycle management of BTCcx and provides it as collateral to Dolomite's actively managed borrowing positions, allowing borrowing to be completed without the need to sell or move the underlying Bitcoin out of custody in advance. Following WLFIcx, this deployment expands the collaboration between Concrete and Dolomite from WLFI to Bitcoin and brings Bitcoin assets into Dolomite's lending market through the AssetCX architecture.

BTCPay Server Urgently Updates WooCommerce Deployments After Severe PHP Vulnerability Disclosure

Bitcoin News posted on X that BTCPay Server has updated its optional WooCommerce/WordPress deployment through its Docker installer in response to a recently disclosed severe PHP vulnerability. Users running WooCommerce through BTCPay Server should update immediately by simply clicking "Update" within BTCPay Server.

Bonk Guy: Privacy Sector May Be Entering a Cyclical Rally, MASK Remains Severely Undervalued by the Market

Bonk Guy posted on X stating that Bitcoin has risen about 3% since yesterday, while ZEC, which focuses on privacy features, has surged 16% over the same period, adding over $3 billion in market capitalization, as the privacy sector becomes a market focal point. He noted that MASK currently has a market capitalization of only about $26 million, yet it is the highest-revenue privacy coin protocol, with protocol trading volume and fees continuing to hit all-time highs, and its Solana version expected to launch within days, which is poised to further boost usage, trading volume, and fee revenue. According to DeFiLlama data, MASK's revenue exceeds the combined revenue of the next 10 privacy protocols. Bonk Guy believes that MASK combines a real product, genuine user demand, growing adoption, and potential catalysts, and remains severely undervalued by the market.

Grayscale launches in-kind subscription mechanism, allowing investors to exchange digital assets directly for shares in 10 of its products

Odaily reports: Grayscale has announced the launch of an in-kind investing mechanism, allowing investors to directly deliver eligible digital assets in exchange for shares in Grayscale products. Grayscale stated that this mechanism is expected to reduce the burden on investors of self-custodying assets, lower potential trade execution costs, and make digital assets easier to incorporate into traditional portfolio management. Currently, the mechanism covers 10 products, including Bitcoin Mini Trust ETF (BTC), Ethereum Staking Mini ETF (ETH), Avalanche Staking ETF (GAVA), Chainlink Trust ETF (GLNK), Dogecoin Trust ETF (GDOG), Hyperliquid Staking ETF (HYPG), Solana Staking ETF (GSOL), Sui Staking ETF (GSUI), XRP Trust ETF (GXRP), and Zcash ETF (ZCSH).

Upbit Will List AXIS/KRW, AXIS/BTC and AXIS/USDT Trading Pairs

According to official announcements, Upbit will list AXIS/KRW, BTC, and USDT trading pairs.

The GENIUS Act is expected to take effect on January 18, 2027; stablecoin companies need to assess their business compliance paths

Odaily reports: The GENIUS Act took effect on July 18, 2025, with the general applicability date being 18 months after enactment, or 120 days after the primary federal payment stablecoin regulator issues final implementing rules, whichever is earlier. The U.S. Treasury Department expects the general effective date to be January 18, 2027, with certain issuance and sales restrictions taking effect on July 18, 2028.The Office of the Comptroller of the Currency (OCC) published its primary implementation proposal in February 2026, and the Federal Reserve proposed rules on September 24, 2026 covering regulated issuers, reserves, capital, risk management, custody, and application procedures. An interim final rule effective September 30, 2026 has established the forms and procedures for certification of state regulatory regimes.Stablecoin issuers need to assess approval, prudential supervision, reserve, and redemption requirements; distributors and intermediaries need to analyze exchange, transfer, custody, and related financial services obligations. Companies holding stablecoins also need to review redemption channels, reserve arrangements, custody, freezing, and counterparty risks, and those accepting stablecoin payments need to distinguish between receiving payments for their own goods or services and transferring funds on behalf of others.Prospective issuers may choose the path of an approved subsidiary of an insured depository institution, a federal qualified issuer, or a state qualified issuer; state qualified issuers that meet the conditions and have outstanding issuance of no more than $10 billion may opt for state supervision. Payment stablecoin reserves must cover outstanding tokens at least one-to-one, and companies also need to map out fund flows, customer rights, compliance responsibilities, and product yield arrangements. Relevant issuers may not pay interest or yield solely by virtue of holding, using, or retaining payment stablecoins. (Bitcoin.com News)

Variational Founder Discloses Pro Version Details: Will Focus on Institutional OTC Derivatives Market

Odaily report: Variational founder and CEO Lucas Schuermann participated in an X Space event hosted by The Rollup founder Andy last night, during which Lucas disclosed some details about Variational Pro. The community's key takeaways are as follows:1. Variational Pro will focus on the institutional OTC derivatives market, covering options, interest rates, foreign exchange (FX), and structured products. OTC derivatives are one of the largest financial markets globally, with outstanding notional value of approximately $850 trillion, while Bitcoin derivatives open interest stands at around $100 billion. Although the two use different statistical methodologies, this is enough to give you an intuitive sense of the scale gap.2. Variational Pro's business scale will ultimately surpass Variational Omni. Traditional OTC derivatives trading methods remain outdated (requiring calls to bank trading desks for quotes, manual price negotiation, back-and-forth contract exchanges, managing collateral and counterparty risk, and manual execution of clearing and settlement processes). Variational Pro aims to automate this process through multi-dealer request-for-quote (RFQ), smart contracts, and stablecoin settlement.3. Some of Variational Pro's trading instruments (including options) may eventually be opened to retail users on Variational Omni. Currently, Variational has partnered with several mainstream institutional partners, and large clients are expected to onboard Variational Pro soon.

Eight TLS certificate private keys issued by eMudhra have been found to be extremely weak, potentially allowing attackers to impersonate virtually any website

Bitcoin News posted on X that 8 TLS certificates issued by India's eMudhra were found to have extremely weak private keys, which attackers could exploit to impersonate virtually any website. Major browsers have blocked the affected certificates, but millions of servers, Linux systems, and internet-connected devices may still require updates. A cryptography expert warned that the scale of this cleanup effort could exceed the 2014 Heartbleed vulnerability. No malicious exploitation has been confirmed yet.

NGRAVE Hit by Phishing Attack, Approximately 70 Wallets Stolen for $2.56 Million

According to Odaily, digital hardware wallet manufacturer NGRAVE disclosed on October 19 that attackers hijacked a third-party notification service used by its LIQUID companion app and sent fake security alerts to users, resulting in approximately 70 wallet addresses being stolen for about $2.56 million across 4 blockchains. Among the losses, Bitcoin accounted for approximately $1.77 million, XRP approximately $454,000, Ethereum assets approximately $316,000, and Stellar approximately $18,000.The attackers lured users into clicking on counterfeit websites and entering their 24-word recovery phrases or Perfect Keys, after which automated scripts transferred the assets within minutes. NGRAVE stated that the ZERO hardware wallet and private keys were not directly compromised, and that victims voluntarily handed over their recovery credentials during the phishing process.The unauthorized access may have begun on October 11. After obtaining one access key, the attackers acquired a key with broader permissions and sent fake notifications on October 17. NGRAVE detected the anomaly approximately 1 minute after the notifications appeared, but the first wallet had already been drained 6 minutes later, and the notification system was shut down that evening.NGRAVE's CEO stated that the company failed to fulfill the most basic security responsibilities of a crypto security company, and said that the affected keys have been replaced, with two-person approval, domain restrictions, and emergency shutdown mechanisms added. The company also reminded affected users to create new wallets and contact the support team, noting that some device information, wallet activity, IP addresses, and approximate locations may have been exposed. (Bitcoin.com News)

NIP Group to Acquire 4.47 EH/s Bitcoin Mining Machines in Deal Valued at $27.3M, Monthly Output Target Raised to 195 BTC

Odaily reports: Abu Dhabi-based listed esports company NIP Group has announced that it has signed an agreement to acquire Bitcoin mining equipment with a total hashrate of approximately 4.47 EH/s, bringing its total deployed hashrate to approximately 13.85 EH/s. The transaction is valued at up to $27.3 million, and the company will issue up to 247.1 million Class A ordinary shares to the seller.NIP Group expects that once all related equipment is deployed, the mining farm's monthly output will reach approximately 195 BTC, up from its previous target of 160, valued at approximately $16 million at then-current prices. The equipment is already running at hosting facilities and can immediately increase Bitcoin output upon completion of the transaction.NIP Group launched its Bitcoin mining business in July 2025 and has been gradually scaling its hashrate to higher levels. The company said the additional hashrate will serve its digital infrastructure strategy, and it plans to expand into AI, high-performance computing, and gaming applications. (Bitcoin.com News)

ether.fi makes mump2p mandatory for all 12 node operators, Optimum software goes live on Ethereum mainnet

Odaily reports: Optimum has announced that its block propagation software mump2p has officially launched on the Ethereum mainnet. ether.fi previously offered the software as an optional feature, but has now mandated its adoption across all 12 of its node operators. Currently, a total of 16 node operators are running mump2p in production environments, collectively managing approximately 22,000 validator keys and over 1.4 million staked ETH, accounting for more than 3% of Ethereum's total staked supply. Partners include Blockdaemon, Everstake, P2P.org, Stakefish, and Bitcoin Suisse.mump2p operates as a sidecar gateway, rather than replacing Ethereum's default GossipSub, it layers on top of libp2p and uses random linear network coding technology. Optimum claims that mump2p achieves block arrival speeds 2.42 times faster than GossipSub, with arrival time variance reduced by approximately 7.88 times. Optimum is led by MIT professor Muriel Médard and launched its private testnet in June 2025. The company previously completed an $11 million seed round led by 1kx and plans to expand to other high-throughput blockchains beyond Ethereum.

OKX Launches Shield Account Protection Program, Eligible US Users Can Receive Up to $500,000 in Coverage

Odaily reports: Cryptocurrency trading platform OKX launched its Shield account protection program in the United States on October 20, with eligible users able to receive up to $500,000 in coverage. The program covers certain unauthorized account takeovers caused by phishing, malware, and SIM-swap attacks, and users must enable passkeys and other security settings.Former New York Governor Andrew Cuomo said his interest in cryptocurrency began in 2011, and he currently serves on OKX's board of directors and co-chairs the company's joint venture with Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange. He supports OKX's push to tokenize US stocks and said some companies remain on the sidelines.Andrew Cuomo expects that the CLARITY Act will not receive a vote before the 2026 midterm elections, with the next opportunity possibly in January next year. He said the US Congress should reduce partisan strife and establish clearer federal rules for the digital asset market; companies such as Microsoft and Google parent Alphabet are currently cautious about tokenized stocks. (Bitcoin.com News)

Blockchain.com officially launches crypto options trading, initially supporting 7 assets including BTC and HYPE.

According to PRNewswire, Blockchain.com has officially launched its options trading feature, which initially supports seven assets including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Hyperliquid (HYPE), Avalanche (AVAX), XRP, and TRON (TRX). Users can purchase Call or Put options and select expiration dates and strike prices.

Circle Reports $1.4B Revenue in H1, Net Profit Margin at Approximately 7%

Odaily — Stablecoin issuer Circle reported approximately $1.4 billion in revenue for the first half of 2026, of which about $819 million (59%) was paid to USDC distribution partners and for transaction costs, while another $473 million (approximately 34%) went toward licensing, banking partnerships, liquidity, compliance, and other expenses.Circle's net profit for the first half accounted for approximately 7% of revenue. Circle stated that the company holds more than 55 licenses and registrations, has partnerships with over 25 banks, and has deployed native USDC on more than 35 blockchains.Circle Payments Network users and eligible Circle Platform customers can redeem USDC free of charge on a near-real-time basis, 24/7 year-round, with standard redemptions typically completed within two business days. Circle minted and redeemed over $315 billion in USDC during the first half.USDC on-chain transaction volume exceeded $36 trillion in the first half of 2026, accounting for approximately 77% of global stablecoin transaction volume in June; minting and redemption volume reached $170 billion in the second quarter, up 105% year-over-year. (Bitcoin.com News)

Liquid Network to Gradually Resume BTC and LBTC Redemption, Network Recovery Enters Final Stage

Liquid Network’s official announcement regarding phased recovery progress states that network recovery work has entered the final stage, with key priorities including strengthening security mechanisms, conducting independent audits, and gradually restoring pegged asset redemption functionality. In terms of functional restoration, the network will first progressively enable semi-automated BTC and LBTC exchange services in coordination with participating exchange providers, with no protocol-level transaction volume limits applied to the service itself. In the subsequent phase, Liquid Network will restore 1:1 Bitcoin reserve backing across the network, followed by gradually reactivating Federation redemption functionality for authorized PAK key holders. However, the complete restoration of these features remains contingent upon the successful completion of remaining security checks and operational requirements.

Bitget PoolX: Lock Up BTC and DNA to Unlock 1.05M DNA Airdrop

Bitget PoolX will soon launch the NeoSoul (DNA) lock-up event, allowing users to lock up BTC and DNA to share 1.05 million DNA airdrops. The BTC lock-up pool has a total airdrop allocation of 1 million DNA, with a personal lock-up cap of 50 BTC. The DNA lock-up pool has a total allocation of 50,000 DNA, with a personal lock-up cap of 2.5 million DNA. The lock-up period runs from October 21 at 18:00 to October 28 at 18:00 (UTC+8).

Wintermute: Bitcoin Holds Above $82,500 Key Support as Upcoming Macro Events May Trigger Market Volatility

Wintermute's latest market report indicates that, driven by a higher-than-expected U.S. Consumer Price Index (CPI) and a correction in the AI sector, the Nasdaq index fell 5.52% for the week, while Bitcoin dropped 1.99%, regaining and holding the key $82,500 support level after briefly breaking below it. Altcoins declined 5.69% overall, with capital rotating from high-beta and micro-cap tokens back into mainstream assets such as Bitcoin and Ethereum. Major assets currently offer a more attractive risk-reward ratio.