News linked to both this project and an event.
Odaily News: Prediction market platform Kalshi's 15-minute gold market recorded 542 million contracts traded in September, with estimated fees of approximately $5 million, surpassing the Ethereum market's 318 million contracts and $2.6 million; the Bitcoin market's estimated fees during the same period reached $60.4 million.The gold contract was launched in August, allowing traders to bet on whether gold would rise or fall within 15 minutes. Kalshi stated that its commodity trading volume reached $400 million within 7 months of launch, more than 4 times the trading volume of the crypto market during the same period.In the 7 days ending October 5, fees from 15-minute crypto, commodity, and financial markets reached $20.4 million, accounting for 80% of the platform's non-sports fees; this category of markets contributed 13% of trading volume and 20% of fees. (Cointelegraph)
Odaily News: Crypto asset platform operator Bitcoin Group SE announced that the German Federal Financial Supervisory Authority (BaFin) has rejected the crypto asset service provider license application submitted by its subsidiary futurum bank AG under the Markets in Crypto-Assets Regulation (MiCA). The company is evaluating alternative operating models and seeking to restore Bitcoin.de trading as soon as possible through a regulated partner.Moritz Eckert, CEO of Bitcoin Group SE, stated that the company had prepared for the rejection of its application and will now review the decision, with the option to file an objection or resubmit the application in the future. Bitcoin.de is a German crypto trading platform operated by futurum bank AG, with over 1.1 million registered users.Bitcoin.de was originally a peer-to-peer trading marketplace and switched to a broker model this year, with plans to offer over 100 cryptocurrencies, crypto asset exchange, and staking services. The platform was originally scheduled to launch the new model at the end of June, but it was delayed due to waiting for MiCA licensing, and trading has been largely suspended since June 12. (Cointelegraph)
According to Cointelegraph, a Zcash ETF backed by the Winklevosses has filed for registration with the SEC, aiming to list on Nasdaq under the ticker WINK. The fund is slated to be custodied by Gemini Trust and carries no leverage risk.
the Ethereum Glamsterdam upgrade has gone live on the Sepolia testnet, activating at 13:53 UTC on Tuesday, epoch 353024. This deployment is one of the major test runs ahead of the upgrade's final mainnet activation.Glamsterdam will introduce built-in proposer-builder separation (ePBS), block-level access lists, and Gas pricing adjustments more closely aligned with execution costs, aiming to enhance the scalability and efficiency of the Ethereum mainnet. The Ethereum Foundation has published the relevant upgrade plans.Following this testnet deployment, developers will determine the activation time for Glamsterdam on the Hoodi testnet, and subsequently set the mainnet launch date. Once the upgrade is complete, developers will move forward with the next major upgrade, Hegotá. (Cointelegraph)
Odaily News: Nonprofit financial reform advocacy group Better Markets stated that the Commodity Futures Trading Commission (CFTC)'s plan to bring certain cryptocurrency trading and exchanges under its regulatory purview could give retail investors weaker protections than those under the Securities and Exchange Commission (SEC). The CFTC has solicited public comments on a framework for margin, leverage, or financing in retail crypto trading.Benjamin Schiffrin, Director of Securities Policy at Better Markets, noted that the CFTC lacks an investor protection mandate, and its statutory authority was originally designed to address fraud in leveraged precious metals trading, which does not justify making it the primary regulator of retail crypto trading. He also said the proposed framework could allow the kind of interrelated market participants that were seen as contributing to FTX's collapse.After the CLARITY Act stalled in Congress, the CFTC and SEC have continued to advance crypto policy under existing law. The CFTC plans to establish a new federal category to bring qualifying crypto trading platforms directly under regulation; the SEC, meanwhile, has proposed relaxing certain investment adviser custody rules, allowing limited tokenized trading of U.S. equities, and issuing new guidance on how securities laws apply to crypto assets. (Cointelegraph)
cryptocurrency exchange OKX has announced the launch of OKX Money, a stablecoin savings and payment app, now available in parts of Latin America, Africa, South Asia, and the Middle East, offering up to 10% annualized yield on eligible USDG balances.Users can fund their accounts with over 50 supported currencies, with funds converted into USD-backed stablecoins, and can hold, send, and spend USDG, USDC, or USDT. The app supports both virtual and physical cards, and eligible USDG balances can earn yield without staking or lock-up requirements.OKX stated that the app will roll out gradually in accordance with regional requirements, with specific legal entities and regulatory frameworks varying by jurisdiction, and the initial launch markets have not yet been disclosed. Yields and eligibility conditions vary by region and user, and users can unlock higher yield tiers by meeting a 30-day average deposit threshold, reaching a 30-day spending amount, or upgrading their exchange VIP level. (Cointelegraph)
Odaily reports: Stablecoin payment infrastructure provider Rain has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) to establish Rain National Trust Bank in New York. Once approved, the bank will be able to provide institutional clients with digital asset and USD fiduciary custody, as well as stablecoin reserve management services.Rain stated that Rain National Trust Bank may also issue and redeem USD-backed stablecoins in accordance with the GENIUS Act. Former Square Financial Services Chief Financial Officer Brandon Soto will serve as President and CEO of the proposed bank, subject to OCC review.The Independent Community Bankers of America (ICBA) sued the OCC on Friday, alleging that it allowed non-depository trust banks to conduct a wide range of non-fiduciary activities, exceeding its regulatory authority. The ICBA is asking the court to overturn the OCC's chartering rule introduced in March 2026 and Interpretive Letter 1176 from 2021, and to block the approval of more licenses based on those documents.The Crypto Council for Innovation said the lawsuit is intended to restrict innovation. The ICBA complaint states that the OCC has approved or conditionally approved at least 21 trust banks, of which at least 13 are cryptocurrency companies. (Cointelegraph)
According to Cointelegraph, the crypto political action committee Fairshake, backed by Coinbase, Ripple Labs, and Andreessen Horowitz, announced it will fund 32 House candidates in the 2026 U.S. midterm elections, including 19 Republicans and 13 Democrats. As an initial round, Fairshake will contribute $1 million each to the campaigns of six of these candidates, totaling $6 million. All 32 candidates previously voted in 2025 to advance the Digital Asset Market Clarity Act (CLARITY Act). The bill had earlier failed to pass a crucial procedural vote in the Senate, and its subsequent progress remains uncertain.
According to Cointelegraph, BitMEX co-founder and Maelstrom CIO Arthur Hayes said during Blockchain Week Korea that U.S. policymakers may need to expand the money supply to support AI data center construction and government debt financing, with the resulting increase in liquidity potentially driving crypto asset prices higher. Hayes noted that AI companies require trillions of dollars in funding to build data centers, and as prices for related services continue to drop, this could ultimately push policymakers to adopt a more accommodating monetary stance. He also highlighted that China's monetary policy may shift from relatively tight conditions to larger-scale stimulus, which he believes could reignite market demand for scarce assets.
Arthur Hayes stated that U.S. policymakers may support the AI industry and government debt financing through money printing, driving cryptocurrency prices higher; if China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also monitoring financial stress in France, including BNP Paribas-related credit default swaps and French government bond spreads.Catrina Wang, General Partner at Portal Ventures, said that banks and asset management companies have advantages in on-chain financial markets thanks to their existing client relationships. Todd McDonald, co-founder of R3, pointed out that public blockchains can help institutions reach clients beyond their own networks; Justin Kugel, Executive Vice President of Growth at World Liberty Financial, said that user demand for asset management and investment evaluation still leaves room for intermediaries.Chetan Karkhanis, Senior Vice President of Digital Asset Client Relationships at Franklin Templeton, said the company has no intention of issuing its own stablecoin and hopes tokenized money market funds will provide investment returns. Haonan Li, co-founder and CEO of Codex, said that trade routes connecting Latin America, sub-Saharan Africa, and Asia are driving demand for stablecoin payments; buyers pay eastward for goods, while manufactured products flow westward.Ilya Podoynitsyn, co-founder and CEO of FinHarbor, said that before allocating to crypto assets, companies need to confirm they have long-term idle funds that will not affect daily operations. Michael Camarda, Chief Development Officer of Ethereum treasury company SharpLink, said that both buying back shares and increasing ETH holdings can raise ETH per share; the company has adopted both methods to meet the preferences of institutional and retail investors. (Cointelegraph)
the Core Lightning team, which develops the Bitcoin Lightning Network node software, is warning node operators running version 26.06.7 or earlier to upgrade to the latest version as soon as possible. The team said it has received reports of attackers targeting unpatched nodes, but did not disclose the vulnerability exploited by the attackers or the potential impact.Core Lightning said on September 16 that it was investigating an issue that could affect experimental features and user funds, and on September 22 released version 26.06.8 to fix the vulnerability and update the software. This announcement did not state whether the previously reported attacks were related to the vulnerability fixed in this version. (Cointelegraph)
Odaily reports: European stablecoin issuer AllUnity has launched the U.S. dollar stablecoin USDAU, its fourth fiat-backed stablecoin. USDAU maintains a 1:1 peg to the U.S. dollar through segregated reserves and is now live on Ethereum, Solana, Base, Tempo, Arc, and Polygon.AllUnity is regulated under the EU's Markets in Crypto-Assets Regulation (MiCA) and has previously issued the euro stablecoin EURAU, the Swiss franc stablecoin CHFAU, and the Swedish krona stablecoin SEKAU. (Cointelegraph)
Odaily News: The Illinois Department of Revenue has released draft rules for the already-legislated 0.2% digital asset transaction tax, clarifying that stablecoins will be considered taxable digital assets, while non-fungible tokens are not within the scope of taxation.The draft stipulates that DeFi transactions are generally exempt; however, fees paid by users that are deemed "valuable consideration," such as protocol fees used to operate or maintain a platform, may trigger taxation. Network fees and swap fees paid solely to liquidity providers do not trigger the tax.Cross-chain bridging conducted through digital asset brokers with consideration paid will be treated as a taxable exchange activity. When a centralized exchange transfers funds to a self-custodial wallet, if the exchange charges a fee, it may also be subject to taxation.The tax law was approved in June and is scheduled to take effect on January 1, 2027. The Illinois Department of Revenue is soliciting public comments on the draft, with a deadline of October 30. (Cointelegraph)
Odaily Report: Binance Pay will open its service to eligible overseas users starting Wednesday, allowing visitors to Japan to pay with USDT at most merchants supporting PayPay via HIVEX.HIVEX is a payment interoperability framework that connects overseas QR code payment services with merchants supporting PayPay in Japan. Merchants do not need separate integration, and settlements are still conducted in Japanese yen.PayPay is a Japanese cashless payment service covering millions of locations, including large chain stores, small retailers, vending machines, taxis, and public transportation. (Cointelegraph)
Odaily News: The European Securities and Markets Authority (ESMA) has updated the MiCA register, with BCash, Xenios Blockchain Group, Capital Wallet Greece, and Piraeus Bank becoming the first batch of Greek crypto asset service providers to be included. The register added 6 institutions from Germany, France, and Slovenia, bringing the total number of registered institutions to 359.The Hellenic Capital Market Commission (HCMC) is responsible for supervising the first three institutions, while the Bank of Greece oversees Piraeus Bank. The HCMC denied that its officials had communicated with European Central Bank (ECB) officials regarding Binance's Greek MiCA application, and also denied making any statements about Lagarde intervening in the application; Binance withdrew its application on June 24. (Cointelegraph)
According to Cointelegraph, Kalshi has won a significant ruling from the U.S. Court of Appeals for the Sixth Circuit, allowing it to continue operating its event contracts business in Ohio and Tennessee.
Odaily News: Jumper has announced plans to conduct its first JUMP token sale through Legion and spin off from LI.FI to become an independent company. Jumper currently has cumulative trading volume exceeding $40 billion, over 100,000 monthly active users, and a market share of more than 15% in cross-chain bridge transaction volume.Jumper stated that in the future it will expand from cross-chain aggregation to an on-chain finance super app, covering spot trading, cross-chain, perpetual contracts, tokenized stocks, and other RWA and yield products. Its perpetual contract product, Jumper Perps, is expected to launch in the coming weeks. This Legion token sale will be Jumper's first fundraising, with proceeds to be used for product development, user acquisition, and market expansion; the JUMP token is planned to be issued separately after the fundraising is completed, and the company will not conduct equity financing at the same time. (Cointelegraph)
According to Cointelegraph, SlowMist stated that it has not yet independently confirmed that the analyzed Safari attack sample has led to actual crypto asset theft. Existing technical evidence primarily covers iOS 18.4 through 18.6.2, while the previously circulated claim that "iOS 13 through iOS 26.5 are all affected" remains preliminary. Analysis by SlowMist reveals that the malicious Safari page exploits a chain of vulnerabilities previously patched by Apple to attempt access to the Apple Keychain, app files, and shared data, which may involve information stored in crypto wallets. However, the presence of exfiltration-capable code does not mean data has been successfully extracted from all targeted wallets. SlowMist continues to recommend that iPhone users promptly install the latest iOS security updates and avoid opening suspicious links.
Odaily reports: Blockchain security firm SlowMist has stated that the attack samples it analyzed targeting iPhone Safari have not been linked to any confirmed incidents of crypto asset theft. The available technical evidence primarily covers iOS 18.4 through 18.6.2, and whether iOS 26.5 is affected still lacks reproducible technical evidence.The attack reuses the previously disclosed DarkSword attack chain technique, loading code through malicious web pages disguised as free virtual private server services. The samples contain components that access Apple Keychain, extract and decrypt stored information, and can also access application files and shared data.SlowMist recommends that iPhone users install the latest iOS security updates available for their devices and avoid clicking suspicious links. Users who suspect their wallet private keys or seed phrases have been compromised should generate a new wallet on a clean device and transfer their assets. (Cointelegraph)
Odaily reports: DoubleZero has launched a dedicated fiber market data service for decentralized exchange Hyperliquid, enabling professional trading institutions to obtain complete order book data via fiber optics rather than relying solely on public APIs.The service covers Hyperliquid's native perpetual contracts as well as markets operated by trade[XYZ], which provides perpetual contracts linked to assets such as crude oil, gold, and silver on Hyperliquid's infrastructure.DoubleZero's Edge market data service had previously integrated with Solana and prediction market Kalshi, making Hyperliquid the third platform to adopt the service. (Cointelegraph)