News linked to both this project and an event.
Bitwise's Q4 staking report shows that Ethereum staking reached 43.8 million ETH, accounting for 35.9% of total supply and hitting an all-time high; net staking inflows in Q3 were 1.99 million ETH, marking six consecutive quarters of net inflows. Solana's active staking increased to 440.5 million SOL. In Q3, Ethereum's average annualized staking yield fell from 2.81% in Q2 to 2.63%, with 96.3% coming from ETH issuance; Solana's gross staking yield dropped from 6.38% to about 6%, with nearly 90% coming from token issuance. The above yields are not net of service provider fees and are not equivalent to the actual yields received by customers.Coinbase stated that staking ETFs and digital asset treasuries are broadening participation channels. Kean Gilbert, head of institutional relations at the Lido Ecosystem Foundation, said that after custodians support staking, institutions can participate through existing custody relationships, and the focus of discussions has shifted to implementation issues such as validator decentralization, code audits, and the proportion of fund staking. Since ETH unstaking may take several weeks, while funds typically need to meet redemptions within one to two days, liquidity remains a constraint for institutions. Gilbert estimates that the average staking ratio for related products in Europe is only 50% to 60%; liquid staking tokens can provide an alternative exit channel, but actual sales depend on market liquidity and price. (CoinDesk)
Odaily reports: Data from Public Citizen shows that crypto-related organizations have donated over $200 million in the current U.S. election cycle, seeking to influence the 2026 U.S. midterm elections and push Congress to pass industry-friendly regulatory rules. One of the industry's current priority goals is to advance comprehensive digital asset market structure legislation after the Clarity Act stalled. Fairshake and its affiliated super PACs are backing 33 House candidates, including 19 Republicans and 14 Democrats; Coinbase and Ripple each donated $25 million to Fairshake's midterm election efforts in 2025. The Ohio Senate race is a key battleground. Fairshake said it has spent $55 million this election cycle to oppose Democratic candidate Sherrod Brown, a longtime critic of the crypto industry; his opponent is crypto-friendly Republican incumbent Senator Jon Husted. Stand With Crypto, an advocacy group launched by Coinbase, has endorsed 45 candidates, including 42 House candidates and 3 Senate candidates. The Clarity Act stalled in the Senate in September, with Democratic lawmakers arguing that the bill is insufficient to prevent senior government officials from profiting from crypto businesses. If the bill cannot move forward by the end of the year, the new Congress will need to restart market structure legislation. Coinbase Vice President Ryan VanGrack said that regardless of who is elected, the industry will still gain more regulatory clarity, but whether legislation can ultimately be completed remains uncertain.
The Financial Times reported that after Binance suffered a $6.3 billion theft, several crypto trading platforms have strengthened their fund security measures. Coinbase has adjusted its cold storage systems, Gemini has added alerts and restrictions for fund transfers, and Kraken stated that the platform is operating normally.
21Shares has released an analysis report on the Binance hack, stating that on October 29, Binance suffered an attack of approximately $6.3 billion, of which about $3 billion in stolen assets have now been frozen, and Binance has committed to bearing all losses. Within 24 hours after the incident, Bitcoin fell slightly more than 2%, significantly lower than the roughly 26% decline Bitcoin experienced after the FTX incident in November 2022. 221Shares emphasized that this incident was a security breach affecting Binance as a single company, and that the Bitcoin network itself was not attacked. Binance stated that it will cover all losses through the SAFU fund and corporate funds. Calculated at a Bitcoin price of approximately $78,509, the 15,000 BTC held by the SAFU fund is worth about $1.18 billion, which can cover about 36% of the losses on unfrozen assets, with the remaining portion to be borne by corporate funds. The report also mentioned that Chainalysis has high confidence that the attack is linked to North Korea, but Binance and government agencies have not yet officially confirmed the attribution.In addition, 21Shares stated that the assets of its physically backed ETPs and ETFs are held in cold storage by third-party custodians such as BitGo, Coinbase Custody, Anchorage Digital, and Zodia Custody, and are not kept in exchange accounts. Therefore, they were not affected by this incident, and all of the company's products are trading normally.
Adam, a researcher at Greeks.live, posted on X that Coinbase INTX has launched options trading. Its USDC options share liquidity with Deribit, and the trading interface is close to the style of US stock trading software, so users familiar with the Coinbase interface can transition to it smoothly. The platform is currently still invite-only, some features are not yet fully ready, and its functional completeness is not on par with Deribit.
RLUSD supports deposits and withdrawals across three chains: XRPL, Base, and Ethereum, while Ripple will provide liquidity on Base. Support for Coinbase Global Exchange customers (including the use of RLUSD as collateral) will follow. Launched in December 2024, RLUSD currently has a market capitalization exceeding $2.4 billion.
Coinbase will list Stable (STABLE), with spot trading set to launch on October 27, 2026. If liquidity conditions are met and trading is supported, the STABLE-USD trading pair will open later today.
Redotpay is preparing to confidentially submit an IPO application to the US Securities and Exchange Commission by the end of the year, targeting a valuation of at least $5 billion. The company is still in talks for a Pre-IPO funding round at a valuation of $4 billion to $5 billion. Public information shows that Redotpay currently has more than 9 million customers and annualized revenue exceeding $180 million. The company also raised $194 million in 2025, with backers including the venture capital arms of Coinbase and Circle.
Mochatrade has announced a cumulative total of $5.56 million in funding, with the seed round led by CoinFund and participation from Coinbase Ventures and others; its $690,000 pre-seed round received support from Y Combinator and Pioneer Fund. The platform targets traders in India, supports INR deposits via UPI, and allows users to go long or short with leverage on the stock prices of U.S. equities such as Nvidia, Tesla, and Apple without holding the actual shares or opening a U.S. securities account. The platform is currently in beta testing, with more than 20,000 people on its waitlist, and is expected to launch publicly in the coming weeks. The funding will be used for trading technology development and user growth, and the platform plans to launch U.S. stock options, more tradable assets, and social trading features in the future. There are currently no plans to issue a token.
According to an official announcement, Coinbase will list spot trading for Ritual (RITUAL) on October 26. Subject to liquidity conditions, the RITUAL-USD trading pair will open later that day, available only in supported regions.
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, Coinbase announced on X that it has now launched a cryptocurrency price market, where users can trade price predictions for BTC, ETH, or SOL, with timeframes ranging from 15 minutes to daily.
According to The Washington Post, based on U.S. Federal Election Commission (FEC) data, the top 50 donors in the 2026 midterm election cycle have cumulatively contributed approximately $2.39 billion, with roughly $1.54 billion going to Republican-aligned campaigns, $590 million to Democratic campaigns, and $259 million to special interest groups. The cryptocurrency industry holds multiple spots among the top contributors. Coinbase ranked 11th with approximately $57.7 million, while Gemini founders Cameron and Tyler Winklevoss contributed a combined $55.3 million to rank 12th; Ripple came in at approximately $49.6 million, and Foris Dax at approximately $38.6 million. Among individual donors, Elon Musk leads with approximately $369 million, with his contributions primarily directed toward super PACs and related organizations that support Republican candidates.
Alliance General Partner Imran recently posted on X, sharing his views on a16z crypto's shift toward frontier technology sectors. He noted that a16z provided early endorsement for the crypto industry when Chris Dixon led Coinbase's investment in 2013; Marc Andreessen's 2014 New York Times op-ed "Why Bitcoin Matters" was a key factor that prompted him to transition into the Bitcoin industry. At the time, very few institutions and funds were willing to publicly support crypto, and a16z and USV were the two that took on brand risk.Imran believes that the current development of AI infrastructure has benefited considerably from Bitcoin mining infrastructure and talent flowing from crypto to AI. Shifting toward frontier tech such as robotics, biology, AI, energy, and compute means that the talent and capabilities accumulated in the crypto industry over the past decade can be used to build the entire frontier tech sector. Citing data centers as an example, he noted that public and government resistance to data centers is growing, much like earlier resistance to crypto—yet today nearly all traditional financial institutions have embraced crypto to some extent.
During Aave's official quarterly live stream on X on October 22, Aave founder Stani Kulechov stated that Aavenomics 3.0 will be launched soon, which includes AAVE buyback, staking, and burning mechanisms, with repurchases set to resume. Additionally, seven of Coinbase's tokenized stocks have been listed on Aave V4 Equities Hub on the Base network and can be used as collateral to borrow USDC. Currently, it is only accessible to eligible non-US users. Initial deposits at launch were approximately $9.6 million. In terms of Q3 data, the DAO generated revenue of approximately $18.9 million and net profits of around $4 million. Total deposits grew by 41% to reach approximately $33.6 billion, while active loans increased by 32% to about $13.2 billion.
Coinbase posted on X that it has opened AI agent access. Users can choose which portfolios an AI agent can access, preview orders before execution, and disconnect at any time. Users can send connection instructions within their commonly used large language model chats to connect to Coinbase.
According to Cointelegraph, the PHP Foundation admitted that a critical security vulnerability discovered as early as 2024 has yet to be patched due to flawed decision-making processes and understaffing within the security team, calling the delay a structural failure. The vulnerability could allow unauthenticated attackers to remotely execute code on affected servers. On August 11, security firm Calif and OpenAI independently reported the same issue, with Calif also demonstrating unconditional remote code execution, prompting the matter to be elevated to the highest security priority. PHP released emergency patches for two related critical vulnerabilities on Wednesday. Around the time of the patch release, government websites or services in the Netherlands, Finland, France, Germany, and Australia were temporarily taken offline, with the Netherlands shutting down its digital identity service. The Wikimedia Foundation also took some supporting services offline, causing disruptions to certain Wikipedia features. Japanese Prime Minister Sanae Takaichi called on website operators to install the patches as soon as possible. In the crypto sector, monitoring by SlowMist's MistEye service found that out of 1,488 evaluated domains, 793 showed direct PHP fingerprints. Cardano governance organization Intersect temporarily took its member portal offline. Both Coinbase and BitGo stated that their platforms were unaffected. Binance co-founder Changpeng Zhao advised users to exercise extreme caution when visiting websites over the next few days. PHP security team
Odaily reports: The PHP Foundation has stated that due to hesitant decision-making and insufficient resources, remediation work for a critical security vulnerability first discovered in 2024 stalled and restarted multiple times, and it characterized the delay as a "structural failure." PHP is a programming language widely used for websites and web applications.PHP has released emergency patches for two related critical vulnerabilities. Unauthenticated attackers could exploit the flaws to execute code on affected servers without logging in. Some government websites or online services in the Netherlands, Finland, France, Germany, and Australia were temporarily taken offline to prepare for patch installation.Security firm Calif and OpenAI separately reported the same underlying issue on August 11, and Calif also demonstrated unconditional remote code execution. Blockchain security firm SlowMist investigated PHP usage in the crypto industry and found direct PHP fingerprints on 793 of the 1,488 domains it assessed.Intersect has temporarily closed its Members Area, Coinbase said it has not found any affected PHP instances, and digital asset infrastructure company BitGo said its platform was not affected. Binance co-founder Changpeng Zhao reminded users to exercise heightened caution when visiting websites recently, and OpenAI has released a Codex skill for checking for vulnerable PHP versions. (Cointelegraph)
According to The Block, Dataline, a decentralized data network for AI agents, has announced the closing of a $10.6 million seed round, co-led by Lattice and Samsung-backed Dispersion Capital, with participation from Symbolic Capital, Coinbase Ventures, Anagram, and Robinhood CEO Vlad Tenev. The round closed in April and utilized a SAFE with token warrants, though the valuation was not disclosed. Dataline plans to launch its token by the end of the year and conduct a public sale on Base via Uniswap’s Continuous Clearing Auction (CCA) mechanism, with specific details expected to be released next week. The team hopes to make this offering the largest Uniswap CCA on Base, but has not disclosed the total raise amount or the number of tokens being sold.
Coinbase posted on X platform that its Midterm Election Dashboard is now live, available only within the Coinbase app in the United States, excluding Michigan and Nevada. The related futures and swaps products are offered by Coinbase Financial Markets, a member of the CFTC and NFA; trading may result in total loss, the related content does not constitute investment advice, and payouts depend on the specific event.