News linked to both this project and an event.
Odaily reports: Digital asset trading platform KuCoin has announced the launch of KuCoin 5.0, deploying AI Assistant 5.x and an internal AI system called KIA. The system serves over 45 million users globally and can pause AI analysis, recommendations, and task execution that rely on unreliable data during extreme market conditions or large-scale liquidations.Logan Xie, Head of KuCoin AI Lab, stated that KIA classifies inputs by source credibility and implements source verification, context isolation and sanitization, and context lifecycle management. AI decision support and backend execution logic are isolated from each other, with the trading system responsible for authorization, verification, and execution to prevent unauthorized operations.KuCoin 5.0 also introduces a unified trading account for VIP1 and above users, using KCUSD as collateral and integrating spot, margin, and futures trading; it also supports sub-accounts directly using Earn without manual transfers, and upgrades the personal center, sub-account controls, cross-device K-line charts, and color vision accessibility mode. (Bitcoin.com News)
Odaily reports: Blockchain project Qubic has disclosed that between October 17 and 18, approximately 2.94 trillion QU worth $1.3 million was transferred out of 1,404 wallets. The unauthorized transfers occurred between 23:42 and 01:26 the following day, after which network validators paused transactions at tick 85,371,949.Qubic stated that the incident involved predictable wallet seeds generated by older Apple devices and browsers, and that the issue has been fixed in version 4.26.4. Developers also secured other at-risk funds before the attacker could move them.About 87.1% of the stolen QU remains within the paused Qubic network, while approximately 12.9% was transferred to cryptocurrency exchange MEXC and frozen. Cryptocurrency exchange Bitget has suspended QUBIC deposits and withdrawals. Whether victims will be compensated is to be decided by Qubic's Computor cluster, and QEARN staking remains unaffected. (Bitcoin.com News)
Odaily reports: Goldman Sachs CEO David Solomon said during the October 13 earnings call that tokenization is becoming an important trend spanning multiple asset classes and could bring more products, clients, and business. The bank has already tokenized bonds, money market funds, and real estate for some clients.DeFi, prediction markets, and automated trading are also under discussion, but Goldman Sachs has not announced related specific products. Solomon said blockchain-related activity remains relatively small in scale at present.Goldman Sachs uses its proprietary GS DAP platform to provide blockchain-based financial asset infrastructure and participated in the tokenization service launched by the Depository Trust & Clearing Corporation (DTCC) in July, and is evaluating scalable applications. Solomon said tokenization can reduce costs, automate processes, and improve liquidity across asset classes.Solomon said Goldman Sachs supports the passage of the CLARITY Act, despite reservations about some provisions, and is participating in discussions with regulators on market rules. The bank reported third-quarter net revenue of $18.68 billion, with equities business revenue up 72% year-over-year to $6.4 billion. (Bitcoin.com News)
Odaily reports: Frgmnt co-founder and CEO Aurélien Roussel stated that stablecoins are shifting from DeFi tools to critical infrastructure for accessing US dollars, and the next phase of adoption will depend on making blockchain technology nearly invisible to end users.He noted that the 2023 bank failures demonstrated that fiat-collateralized stablecoins, despite being on-chain assets, still rely on the off-chain traditional banking system and cannot fully escape bank counterparty risk.Roussel stated that Tether maintains dominance in non-Western global trade through liquidity, exchange support, merchant acceptance, and distribution networks, while local regulatory frameworks such as MiCA are pushing issuers to build locally compliant infrastructure.He believes that Layer 2 networks have reduced stablecoin transaction costs to less than 1 cent, and issuer competition will shift toward distribution, liquidity, and financial services. Stablecoins will also expand from payment tools into programmable, yield-generating capital. CBDCs and private stablecoins are more likely to coexist. (Bitcoin.com News)
Odaily reports: BitMEX co-founder Arthur Hayes said on the Convergence program on October 16 that OpenAI, Anthropic, and SpaceX are all unprofitable, and that AI model companies rely on debt financing, equity financing, and implicit support from the U.S. government.The Nasdaq 100 index fell 2.5%, and chip stocks declined for an eighth consecutive day, marking the longest losing streak since 2008. On October 17, Bitcoin's price was close to $81,400. A Bank of America analyst said the $1 trillion AI investment boom may follow a typical boom-and-bust cycle.Hayes believes that the bigger the AI bubble, the larger the subsequent bailout will be, and the higher Bitcoin's price will go. He also said Bitcoin can reflect wasted capital. He also criticized token issuance methods, saying that retail investors who bought at TGE and then suffered a 95% drop were the ones who got hurt. (Bitcoin.com News)
Odaily News: Decentralized perpetual contract exchange Deepsigma has launched a real-time simulated trading platform covering 77 traditional financial markets, including U.S. stocks, stock indices, commodities, and U.S. Treasury yields. The platform is built on the Cypherium blockchain and is being advanced by a team of alumni from Goldman Sachs, Citadel Securities, Google, and Uber, supporting long and short exposure trading for the relevant assets.Deepsigma's perpetual contracts do not tokenize, custody, or physically deliver the underlying assets; instead, they track prices through external market data sources. The platform currently supports contracts on the S&P 500 Index, Dow Jones Industrial Average, Nasdaq Composite Index, Russell 2000 Index, Cboe Volatility Index, as well as crude oil, gold, silver, natural gas, and copper.The platform's risk engine employs multiple external price sources, mark prices, circuit breakers, partial liquidations, and an insurance fund, and uses a central limit order book and a clearing layer to handle margin, collateral, and settlement. Deepsigma is also developing a zero-knowledge proof-based decentralized identity framework and configuring off-chain AI analytics tools with unfunded execution permissions; the underlying Cypherium adopts a hybrid PoW and HotStuff Byzantine fault-tolerant consensus mechanism and holds 4 U.S. patents. (Bitcoin.com News)
Odaily News: Near Protocol and Sunrise announced on October 15 that NEAR has connected to Solana via Sunrise, and NEAR liquidity is now accessible across Solana wallets, the decentralized exchange Jupiter, Raydium, and trading aggregators.This cross-chain pathway is powered by Near Intents, with NEAR as the first asset onboarded. The partners plan to support more assets and eventually integrate Near Intents directly into Sunrise.Following the announcement, NEAR is trading in the $5.24 to $5.30 range, up approximately 14% over 24 hours; its price has more than doubled over the past 30 days.Helius CEO Mert Mumtaz has joined the Near Foundation Council, where he will contribute to product strategy, market execution, and ecosystem development. (Bitcoin.com News)
Odaily News: Solana ecosystem development company Anza stated that the Alpenglow mainnet beta will activate on October 21, 2026, at 14:50 UTC. Once the upgrade is complete, transaction finality is expected to be reduced from approximately 12.8 seconds to 150 milliseconds.Alpenglow will replace the existing TowerBFT voting mechanism with Votor, allowing validators to avoid writing every vote on-chain and instead confirm consensus through direct communication aggregated into smaller records. The network is expected to maintain the existing system for approximately 18 minutes before switching to Votor once staked SOL reaches 82% of the validator set.Another component of Alpenglow, Rotor, will adjust how new blocks are distributed among validators, but no activation date has been announced yet. This upgrade includes only Votor, and Solana will temporarily focus on replacing its consensus mechanism. (Bitcoin.com News)
Odaily News: The Brazilian Securities Commission (CVM) has issued Resolution No. 249, launching a tokenized securities pilot program to test the simulation of stock trading and securities issuance, operation, and management on blockchain networks. The project will be conducted in a controlled environment, using stocks and funds that are specially created simulated assets, with no real financial risk involved.The project will compare the advantages and disadvantages of public chains versus private chains for securities business, and assess risks including cybersecurity, smart contracts, interoperability, and network resilience. Blockchain networks participating in the pilot must encode market rules into smart contracts, ensure privacy in securities operations, and remain subject to regulatory audits.The CVM will also use AI tools to assist with market monitoring. Brazil's largest stock exchange, B3, is building a tokenization platform, planned for launch in 2027, which will use a proprietary stablecoin. Initially, it will not offer 24/7 trading and will integrate liquidity pools from both digital assets and traditional markets. (Bitcoin.com News)
Odaily News - Financial services company Charles Schwab has completed the rollout of direct Bitcoin and Ethereum trading for eligible retail clients. The company manages approximately $13.33 trillion in client assets and has 40.3 million active brokerage accounts.Charles Schwab CEO Rick Wurster stated that the company is gradually rolling out cryptocurrency deposit and withdrawal functionality, and plans to add trading for Solana, Avalanche, and Chainlink by the end of 2026. Currently, transfers support the Bitcoin network and the Ethereum network, and withdrawal addresses must be pre-registered.Schwab Crypto charges a 0.75% trading fee, with a minimum transaction amount of $1 and a maximum of $2 million. Rick Wurster stated that cryptocurrency trading will become one of the new transaction-based revenue streams; the platform is currently not available in New York State, Louisiana, U.S. territories, or international markets. (Bitcoin.com News)
Odaily reports: The U.S. September Producer Price Index (PPI) rose 6.3% year-over-year and 1.3% month-over-month, with the year-over-year growth rate reaching its highest since December 2022 and the month-over-month increase being the largest since March 2022. Energy costs accelerated, with gasoline producer prices rising 20.3% month-over-month.According to U.S. Bureau of Labor Statistics (BLS) data, final demand goods prices rose 2.6% month-over-month, with final demand energy prices up 10.8%; final demand services prices rose 0.8%, with transportation and warehousing costs up 3.4%. During the same period, U.S. September retail sales grew 0.8% month-over-month, below August's 1.3%.Polymarket data shows that traders estimate a 72% probability that the Federal Reserve will keep interest rates unchanged at its October meeting, and a 28% probability of a 25 basis point rate hike, with related market trading volume approaching $41.5 million. In September, the Federal Reserve raised its benchmark interest rate to a range of 3.75% to 4%.After the report was released, Bitcoin's price briefly fell below $81,000 and touched an intraday low of $80,154 on Bitstamp; it fell 3.4% on the day and 4% over the past two weeks. (Bitcoin.com News)
Odaily report: Payment services company Mastercard and fintech company BVNK announced the launch of Global Money Platform on October 15, connecting stablecoin balances to hundreds of millions of merchant locations worldwide and supporting the issuance of payment cards in over 130 countries.The platform integrates fiat accounts, stablecoin conversion, payment cards, and international payments through a single API, enabling banks, fintech companies, and enterprises to offer accounts that hold both fiat and stablecoins simultaneously. Nuvei, Marqeta, Ontop, Beem, and Almond FinTech have already integrated.Mastercard Move can connect to over 17 billion payment terminals and convert stablecoin balances into local currency for direct payment to bank accounts. The platform's coverage is planned to expand to over 200 countries and regions and more than 40 currencies by 2027; Mastercard acquired BVNK in August, with the deal valued at up to $1.8 billion. (Bitcoin.com News)
Odaily News: Singapore Gulf Bank has adopted BNY's 24/7 USD ledger transfer service, allowing eligible corporate and retail clients to settle qualifying USD payments on weekends and U.S. public holidays.The service supports account funding, corporate payables, and time-sensitive cross-border cash management transactions, with USD able to be settled at any time between eligible accounts held directly at BNY or through correspondent banks connected to the network. Singapore Gulf Bank stated that it is among the first financial institutions globally to adopt the system.Bana Akkad Azhari, BNY's Head of Global Payments and Trade for EMEA, said that round-the-clock USD settlement can enhance institutions' flexibility in liquidity management and meeting urgent financial obligations. The service is only available to eligible institutions and accounts and does not replicate permissionless blockchain settlement models. (Bitcoin.com News)
Odaily News: Global automated brokerage Interactive Brokers (IBKR) has announced the launch of a crypto staking service powered by crypto infrastructure company Zerohash. Initially, eligible clients can directly stake or unstake ETH through the Client Portal. Interactive Brokers manages $964.7 billion in client assets and has previously offered trading services for Bitcoin, ETH, Litecoin, and Bitcoin Cash.Staking rewards earned by clients will be automatically added to their staked positions, allowing them to earn additional rewards. Interactive Brokers CEO Milan Galik stated that staking provides clients with the opportunity to earn rewards on the crypto assets they hold. (Bitcoin.com News)
Odaily News: The LBTC-to-Bitcoin redemption operation on Bitcoin sidechain project Liquid Network has been suspended for 35 days. As of October 11, 2026, the project maintains an 86% support rate. Attackers previously exploited a vulnerability in the Elements software to steal nearly 4,000 Bitcoins, of which approximately 3,400 have been returned. The wallet still holds 598.5 Bitcoins, worth $49.69 million.Blockstream rejected the attackers' demand for a 10% bounty and demanded the immediate return of the remaining Bitcoin. Liquid Network stated that an independent external security audit of Elements v23.3.4 is underway, and the Liquid Federation has simultaneously updated the PAK list and placed all redemption keys in cold storage.There is currently no specific date for resuming redemption operations. Some LBTC holders have migrated funds through applications such as Sideswap and Sideshift.ai. One user reported that due to insufficient liquidity, the migration took several weeks, with spreads and fees totaling approximately 5%. (Bitcoin.com News)
Odaily reports: Juan Curutchet, head of financial and foreign exchange institution supervision at the Central Bank of Argentina (BCRA), stated that it will not push for the integration of cryptocurrencies and digital assets into banking and payment channels in the next two years. The ban on crypto services by financial institutions introduced in 2022 will remain in effect.Juan Curutchet pointed out that Argentina's current economic fragility is insufficient to support the advancement of such measures. Whether the ban will be lifted in the future depends on economic conditions, and the relevant topic may be discussed during a second Milei term.Despite the ban remaining in place, Argentine banking groups are advancing institutional stablecoin projects through independent entities, aimed at programmable money, treasury management, payments triggered by on-chain events, and collateralized credit management.In the 12 months ending June 30, cryptocurrency transaction value in Argentina exceeded $88.5 billion, making it the second-largest crypto hub in Latin America. (Bitcoin.com News)
Odaily News — Papertrade.xyz, a synthetic perpetual contract DEX built on Hyperliquid HyperEVM, has attracted $118 million in deposits, reaching a total value locked (TVL) of $118 million, with the platform supporting up to 1000x leverage.As of 11:45 AM ET on October 10, data from Papertrade.xyz shows that the platform's 2,349 positions have open interest of approximately $11 billion, but the funds backing these positions amount to only $54 million.The platform does not charge slippage, funding rates, spreads, or traditional notional trading fees. Trades are executed through synthetic swaps between users and a shared protocol liquidity pool. Losing traders receive PAPER tokens, while profitable traders may experience delayed withdrawals when liquidity is insufficient.Papertrade.xyz was founded by Jez and Blurr, who operate under partial anonymity. The project also sold 100 pairs of custom paper pants at $2,000 each, which sold out in approximately 40 minutes, generating $200,000 in sales. (Bitcoin.com News)
the State Tax Inspectorate of Lithuania has updated the user reporting procedures for crypto asset service providers. Through Order No. VA-63, it has clarified the reporting scope and operational standards, aligning the country's rules with the EU's DAC8 and the OECD's Crypto-Asset Reporting Framework (CARF).The new rules require regulated crypto asset service providers and local crypto operators to enhance customer due diligence, collect user identity, transaction records, and tax residency information, and maintain records of customer identification numbers, transaction logs, and account balances. Entities that have already completed registration and reporting obligations in other EU member states may be exempt from duplicate reporting in Lithuania.Full operational reporting across the EU will begin on January 1, 2026, with data collected by platforms in 2026 to be automatically exchanged among member state tax authorities starting mid-2027. The new rules do not change Lithuania's virtual asset capital gains tax rate, but relevant institutions will need to update their client onboarding processes and back-end systems.Starting March 2, certain transactions involving electronic money tokens (EMTs) will require additional payment service authorization, including transferring EMTs on behalf of clients and operating custodial wallets that support third-party transfers; exchanges between EMTs and exchanges between EMTs and fiat currency are not automatically classified as payment services. (Bitcoin.com News)
Odaily report: The U.S. National Credit Union Administration (NCUA) released a stablecoin reporting proposal on October 9, which would add 26 new data fields to the quarterly financial report Form 5300, applicable to federally insured credit unions engaged in stablecoin business, with a target reporting implementation date of March 31, 2027.Among the proposed new fields, 8 involve reserve assets held for authorized third-party issuers, 9 involve cryptographic key custody and control, 5 involve financial exposure to issuers, and 4 involve payment stablecoins held on institutional balance sheets.The information collection is expected to cover 4,224 federally insured credit unions, with an annual reporting burden of 794,112 hours, and a complete quarterly report requiring an average of 47 hours. The NCUA will seek public comment before December 8, and the feedback will be publicly submitted as part of the approval application. (Bitcoin.com News)
Odaily News: Researcher Robin Linus has released the Bitcoin Poker protocol, expanding the unfinished poker interface that Satoshi Nakamoto left in Bitcoin's early code in 2008 into a runnable solution. The protocol supports two players in Texas Hold'em without a dealer, using Bitcoin's existing rules to handle gameplay and fund settlement.Bitcoin Poker generates card faces through secret information jointly provided by both parties, generating only the 9 cards needed per hand, and uses cryptographic commitments and zero-knowledge proofs to maintain fair dealing. The protocol can check for duplicate cards, and the probability of a randomly generated hand passing the check is approximately 48%, requiring an average of 2.08 attempts.The protocol pre-builds a transaction tree for possible game outcomes, with a reference configuration containing 56,132 logical nodes and approximately 8.4 MB of preparation data. Normal gameplay occurs off-chain, with transactions used only to handle disputes when cooperation breaks down.If one party refuses to continue, a timeout mechanism can settle the committed pot after a specified delay and return the departing party's unused balance, but cannot force players to reveal their cards. The design requires no modifications to Bitcoin's consensus rules, supports only two participants, and still requires independent security review. (Bitcoin.com News)