News linked to both this project and an event.
According to CoinDesk, the Ethereum Glamsterdam upgrade was activated on the Sepolia testnet this Tuesday, raising the block Gas limit from approximately 60 million to nearly 200 million, an increase of over threefold. A review of more than 25 consecutive test blocks showed that actual Gas usage ranged from approximately 52 million to 92 million, accounting for only 26% to 46% of the available limit, with no blocks reaching full capacity. The upgrade also adjusted the Gas consumption model for specific tasks and storage data fees, requiring developers to retest applications that rely on specific Gas cost assumptions. The next public testnet, Hoodi, is tentatively scheduled to launch on October 27, while the Ethereum mainnet activation date remains to be determined.
Odaily News: The Ethereum Glamsterdam upgrade has raised the Sepolia testnet's block Gas limit from approximately 60 million to nearly 200 million, as developers test higher capacity to support more payments and transactions.Early test blocks only used 26% to 46% of their capacity. A 6-minute voting round generated all planned blocks and achieved 99.97% participation of eligible staking weight in finalization.The upgrade adjusts transaction processing costs and data access costs. The Hoodi testnet is tentatively scheduled for October 27, while the mainnet activation date has not yet been determined. (CoinDesk)
Odaily News: According to people familiar with the matter, crypto media Cointelegraph is looking for potential buyers, and the specific sale price has not yet been disclosed. The report states that due to the prolonged downturn in the crypto market and a Google search penalty, Cointelegraph's website traffic has dropped sharply. In October 2025, Google imposed a manual penalty on it, causing organic search traffic to fall by about 80%. Similarweb data shows that the site's monthly visits have dropped from more than 12 million in December 2024 to slightly more than 700,000 in September 2026.Cointelegraph was founded in 2013 and currently has more than 200 employees. As of the time of publication, the company had not responded to a request for comment. (CoinDesk)
According to CoinDesk, Payward (Kraken's parent company) is in talks with Wells Fargo to potentially become its crypto liquidity provider. This move reflects the critical technical support role that leading crypto firms are playing as traditional finance expands into digital assets.
Odaily News: Cryptocurrency trading firm GSR has committed $100 million, primarily through credit lines, to fund its new business Hare. Hare will partner with liquidity platform Turtle to create and manage on-chain vaults.Hare will initially launch vaults powered by lending protocol Aave, allowing investors to earn yields through major USD stablecoins and Paxos' tokenized gold product, with GSR providing anchored liquidity. (CoinDesk)
Odaily News: The Cardano Foundation has introduced the CIP-0113 token standard, allowing issuers of regulated assets to restrict recipients based on predefined rules and to freeze, seize, or transfer token holdings. The standard enables issuers to implement such controls without requiring a hard fork of the Cardano network.CIP-0113 requires compliance checks to be executed on every transfer, including identity verification and sanctions list screening. Issuers can choose or customize rules and update them as regulatory requirements change; under the authorization mechanism, relevant parties can transfer tokens without the holder's consent. (CoinDesk)
Odaily News: Global Dollar (USDG), issued by stablecoin issuer Paxos, will launch in the DeFi ecosystem of Ethereum Layer 2 network Arbitrum, covering Morpho, GMX, Fluid, and Maple, with Kraken providing fiat on-ramp and off-ramp services.Arbitrum aims to capture a portion of the economic benefits generated by stablecoins on its network. The network currently holds about $3.8 billion in stablecoins, of which about 60% is USDC issued by stablecoin issuer Circle.Stablecoin alliances are growing. OpenUSD has gained support from Mastercard, Visa, Stripe, Coinbase, and Shopify, while Qivalis has secured backing from 37 European banks. (CoinDesk)
According to CoinDesk, Ethereum Layer 2 network Arbitrum announced its addition to the Paxos-led stablecoin alliance Global Dollar Network (GDN), with its issued US dollar stablecoin USDG officially launched on the Arbitrum network.
Odaily News: The Ethereum development team has completed an emergency software update ahead of the Glamsterdam upgrade testing on the Sepolia testnet, fixing an issue that could cause some validators to produce low-capacity blocks. This test will raise the Sepolia network's Gas limit from approximately 60 million to 200 million, validating Ethereum's future efforts to enhance network processing capacity.Glamsterdam is Ethereum's next major upgrade, and Sepolia, as a testnet, will be the first to deploy the related improvements to simulate the upgrade's effects. Gas is the unit that measures the computational capacity a block can handle on Ethereum. Raising the Gas limit means a single block can accommodate more transactions and more complex on-chain operations, but it also increases the computational burden on node operators.Ethereum validator client Prysm released version 7.2.1 on Monday evening, adding the 200 million Gas limit configuration. The previous version was released before the relevant Sepolia parameter adjustments, so if validators did not manually modify their settings, they would still operate under the 60 million Gas limit. This update ensures that validating nodes can participate in the Glamsterdam test as expected. (CoinDesk)
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.
Odaily Report: USDT is expected to return to the Bitcoin network this month through infrastructure developed by Utexo, a project backed by Tether. Utexo plans to support private USDT transfers, direct swaps between native Bitcoin and USDT, and loans collateralized by native Bitcoin. (CoinDesk)
According to CoinDesk, the U.S. Commodity Futures Trading Commission (CFTC) has submitted two proposed rules to the White House Office of Management and Budget (OMB): one would formally classify event contracts traded on platforms such as Kalshi, Polymarket, Crypto.com, and Robinhood under the regulatory definition of "swaps"; the other would explicitly exclude casino-style gambling products from the swaps category. This move aims to respond to recent federal court rulings—the Sixth and Eighth Circuits both ruled that Kalshi's sports-related contracts do not qualify as swaps and should be subject to state gambling regulations, while the Third Circuit upheld the CFTC's jurisdiction over prediction markets. With conflicting rulings across the circuits, the matter may ultimately need to be resolved by the U.S. Supreme Court. Currently, the CFTC comprises only one commissioner, Chair Mike Selig, with all related decisions made solely by him.
Odaily News: Brazilian state-owned oil company Petrobras is testing the Cardano blockchain in two research projects to track environmental claims related to sustainable aviation fuel and partially renewable Diesel R.The aviation fuel project aims to prevent companies from double-counting the same emissions reductions; the Diesel R project will record fuel production, transportation, and usage stages to support emissions reporting. Both projects are still in the research phase, and no timeline for expanded deployment or the scale of fuel coverage has been disclosed. (CoinDesk)
According to CoinDesk, the US Dollar Index (DXY) has gained approximately 2.6% since September 9 and touched a two-month high of 101.69 earlier this week. Although a strong dollar is typically viewed as a bearish factor for risk assets such as Bitcoin, on-chain and market data indicate a weak correlation between the two. Over the past 90 trading days, the daily return correlation coefficient between BTC and the DXY was -0.41, with an R² of only 0.17, meaning the DXY explains merely about 17% of the variance in BTC's daily returns; since January 2020, the average of this 90-day correlation has been lower at -0.14. Currently, the BTC price has pulled back from a peak of around $87,500 on September 21 to the $83,000–$84,000 range, with limited downside. Analysts note that Bitcoin also lacks significant correlation with US Treasury yields, further reinforcing its role as a portfolio diversification asset.
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)
As reported by CoinDesk, on September 1, the U.S. Securities and Exchange Commission (SEC) proposed the first major update to transfer agent rules since the 1970s, with Chairman Paul Atkins explicitly stating that the rules should cover the application of blockchain technology in securities issuance and share transfers. In an article, Fairmint co-founder Joris Delanoue noted that if ownership data is distributed across token wrapping layers, SPVs, broker-dealer internal ledgers, and off-chain databases, it would replicate the history of the late 1960s "paper crisis." He emphasized that tokens themselves should function as the official ledger mandated by Section 17A of the Securities Exchange Act, rather than serving as wrappers for off-chain securities. The article calls on the industry to consolidate ownership data around unified open standards and recommends that the SEC distinguish between on-chain native registration and third-party wrapping models in Form TA-2, permit the use of cryptographic credentials and other modern identity identifiers, and integrate smart contract pre-trade restrictions into compliance enforcement mechanisms.
Odaily News: Cryptocurrency exchange Gemini has switched its Zcash system operating software from Zebra to Zakura, reducing the time required for nodes to catch up with the network state from nearly a day to just over 6 hours.The switch was made ahead of Zcash's planned NU7 upgrade. The upgrade aims to reduce block times from 75 seconds to 25 seconds, requiring network computers to process transactions at three times the previous frequency.Developers aim to implement the mainnet upgrade on November 5, but Gemini has not yet published performance test results for Zakura under the faster block production frequency. (CoinDesk)
Odaily reports: Aztec Network developer Aztec Labs has relaunched the self-custodial wallet zk.money. The wallet can conceal payment amounts, balances, and recipient information through Aztec Network, and supports transfers via readable names or links.Users can deposit DAI, USDC, or USDT from Ethereum, with USDC and USDT being converted to DAI. Deposit records remain publicly traceable, while subsequent transaction activity remains private.The early Alpha version limits individual deposits, payments, and withdrawals to under $2,500, and screens addresses in accordance with sanctions policy. The software has not yet undergone a full audit and carries security risks. (CoinDesk)
Odaily News: Last week, no Democratic senators in the U.S. Senate voted to advance the Clarity Act, and the bill failed to move to the next procedural step. The bill was intended to establish regulatory rules for digital assets and aimed to reduce everyday transaction costs in the United States. (CoinDesk)
Odaily News: Zcash developers are integrating parts of the scaling project Tachyon's code into the Zakura Common cryptography library, with a new component called Udon released on Monday. Tachyon lead Sean Bowe stated that Udon was previously developed as part of Tachyon and has now been added to Zakura Common to leverage the library's existing performance optimizations.The long-term goal set by Bowe and Dev Ojha, lead at Valar Group, is to achieve over 50,000 private payments per second. Tachyon aims to reduce the amount of data that Zcash nodes need to receive and verify by merging proofs from multiple transactions into a single proof. However, the upgrade has not yet been activated on the Zcash network.According to ZecStats data, in the 7 days ending September 28, Zcash averaged approximately 6,200 transactions per day involving shielded funds, down from an average of approximately 11,700 per day in the 7 days ending September 21. (CoinDesk)