Powered by a new consensus mechanism, Satoshi Plus, Core is a Turing-complete blockchain that leverages the Bitcoin mining hashrate and the Ethereum Virtual Machine (EVM). Satoshi Plus applies a protocol-driven validator election mechanism to combine the best features of Proof of Work (PoW) and Delegated Proof of Stake (DPoS) to maximize security, scalability, and decentralization.
Odaily News: Brad Lightcap, Special Projects Lead and former Chief Operating Officer (COO) at OpenAI, is set to leave the company. Over the past year, Lightcap's responsibilities at OpenAI have been adjusted multiple times, with his most recent role being in charge of "special projects."Lightcap has long been a core member of OpenAI's management team. Earlier in 2026, during a company executive reshuffle, he transitioned from the COO position to lead special projects, overseeing cross-company matters including complex deals and strategic investments, reporting directly to CEO Sam Altman. His departure comes at a time when OpenAI is continuously expanding its commercialization efforts, advancing enterprise business, and pursuing strategic partnerships. Previously, the company had undergone multiple rounds of organizational restructuring, including transferring some COO responsibilities to other executives.Brad Lightcap joined OpenAI in 2018, having previously worked at Y Combinator and JPMorgan. He has been one of the key operations and business leaders during OpenAI's transformation from a research institution into a commercial AI company. (The Information)
Bitcoin analyst Plan B stated on the X platform that the core of Bitcoin's long-term value lies in scarcity, not short-term price fluctuations.Plan B believes that many people focus on Bitcoin's price charts, while the S2F model he uses focuses on the degree of asset scarcity. This model measures scarcity through "existing supply ÷ annual new production," where the S2F for gold is approximately 60. Due to Bitcoin's fixed total supply of 21 million coins and its predictable issuance schedule, its S2F is currently around 120 and continues to rise over time.The Bitcoin halving mechanism is an important driver of the S2F model. Approximately every four years, the Bitcoin network reduces the block reward by half, decreasing new supply and roughly doubling the S2F level, making it the core supply-side event observed by the model.Plan B emphasized that the S2F and its upgraded version, the S2FX model, predict long-term average value rather than precisely forecasting market tops or bottoms. Bitcoin's price typically fluctuates around the model's estimated value, and investors should focus on multi-year cycle averages rather than single-day price highs. Additionally, Plan B believes that as scarcity increases, Bitcoin is undergoing different stages of development, including proof of concept, payment network, "digital gold"/store of value asset, and institutional-grade financial asset. Each increase in scarcity could bring new market narratives and capital inflows.However, Plan B also reiterated that "all models are wrong, but some are useful." He stated that the S2F model is merely a tool for long-term understanding of Bitcoin's scarcity, not a trading signal or a "crystal ball" for price prediction. Although the model has withstood major events such as the COVID-19 pandemic and China's mining ban, it still has limitations.
According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) recently issued an internal letter explicitly exempting asset-backed securities (ABS) related to AI data centers from core investor protection regulations introduced after the 2008 financial crisis, including the "risk retention" clause requiring issuers to retain a portion of the debt. The SEC determined that data centers are not financial assets that liquidate over time, therefore securities linked to them should not be subject to the same regulatory constraints as ABS related to auto loans or mortgages. Although this move does not constitute a formal rule change, since companies had previously voluntarily complied with relevant regulations out of compliance prudence, the substantive impact cannot be underestimated. In terms of market size, the annual issuance volume of data center ABS has surged from $2.4 billion in 2020 to $15.5 billion in 2025, growing more than sixfold in five years, and is expected to hit a new record high in 2026.
: Japanese yen stablecoin operator JPYC Inc. has announced an extension of its Series B funding round, bringing total funding to approximately 6 billion yen, or roughly $38 million. The latest investment includes approximately 1 billion yen (about $6.3 million) from Tokyo-listed logistics company AZ-COM Maruwa Holdings. Core business: operating JPYC, a stablecoin pegged 1:1 to the Japanese yen. JPYC launched the stablecoin in October 2025 and became the first digital currency to be registered as an official electronic payment instrument under Japan's revised Payment Services Act. Each JPYC is backed by yen bank deposits and Japanese government bonds, and holders can redeem them for regular yen on demand. AZ-COM Maruwa Holdings plans to use JPYC to pay approximately 2,300 business partners and independent contractors for transportation work and outsourced services, primarily covering truck drivers and subcontractors. The company is also developing a dedicated wallet application and plans to link payments with delivery confirmation records, potentially executed through GPS tracking or smart contracts.
Axis Robotics has announced the completion of a $12 million seed funding round, led by Hack VC, with participation from Nomad Capital, Pi Core Team Ventures, 10K Ventures, and several angel investors.According to the introduction, Axis Robotics primarily addresses the data needs for Physical AI and robotic models. It leverages large-scale simulation, first-person real-world data collection, and human-in-the-loop post-training to build a closed-loop data workflow, enabling the scalable production of structured and diverse robotic data. This funding will be used to accelerate the development of a massive, parallel, human-in-the-loop global data engine.
according to the latest report data from TokenInsight, the TradFi perpetual contract market continued its rapid growth trend in Q2 2026, with the competitive landscape further concentrating. Binance ranked first with a trading volume of approximately $380 billion, holding a market share of about 59.96%; Bitget ranked second with approximately 11.01%, and OKX ranked third with approximately 10.97%. The two platforms each had a quarterly trading volume of around $69 billion, forming the core tier of the market alongside Binance.From the perspective of platform penetration rates, the proportion of TradFi perpetual contracts in the derivatives business of different exchanges still shows significant variation. Among them, Binance leads with a penetration rate of 8.65%, closely followed by Bitget at 8.61%, indicating that top-tier platforms are accelerating the integration of traditional financial assets into the crypto derivatives market.
Odaily News: Sparrow Wallet v2.5.4 has been released following an extensive AI-assisted review, featuring multiple security hardening updates aimed at reducing users' reliance on external servers such as Electrum.Additionally, this version strengthens Ledger, Keycard, Trezor, Payjoin, PSBT, and multi-signature handling, removes Bitcoin Core credentials and other sensitive information from debug logs, restricts permissions for existing wallet and backup directories to owner-only access, closes residual local DNS resolution leaks when using Tor, and reinforces validation for wallet import, signing, downloads, and server responses. The update expands Sparrow Wallet's scope of independent verification for transaction data, hardware devices, and other inputs, reducing dependence on data provided by external servers. (Bitcoin News)
According to sources, the Japanese government is considering adjusting tax policies to allow companies to apply for tax relief if they use proceeds from the sale of non-core businesses for reinvestment and acquisitions. This initiative aims to encourage enterprises to expand their core business scale through asset optimization and mergers and acquisitions.
Odaily News: According to the official announcement, Bitget has listed 23 stock spot rTokens, including rHDV (iShares Core High Dividend ETF), rJEPI (JPMorgan Equity Premium Income ETF), rLUV (Southwest Airlines), and rOMC (Omnicom Group), covering multiple sectors such as financials, healthcare, and consumer goods. To date, the Bitget platform supports a total of 682 rTokens.It is reported that rTokens, identified by the letter "r" followed by a stock ticker (e.g., rNVDA for Nvidia), are issued by Reality, Bitget's licensed RWA protocol, and provide direct access to global liquidity pools such as Nasdaq and NYSE through a partnership with the compliant broker Alpaca. Their features include: 1:1 reserve backing of the underlying assets, held by licensed custodians; stock dividends distributed 1:1 in token form; support for synchronized mapping of corporate actions (such as stock splits); and the ability to use holdings as joint margin for unified accounts and USDT-margined contracts, allowing users to flexibly manage their funds while holding global equity assets.
Grayscale Research Director Zach Pandl stated in a post on platform X that Ethereum is like a "small country," while ETH has only one core "government function": protecting property rights and value exchange within the system. Unlike traditional countries that provide public services through taxation, Ethereum mainly relies on "seigniorage," i.e., issuing new ETH, to fund network security. Under this framework, stakers responsible for maintaining network security are equivalent to the group providing public services, receiving rewards through newly issued ETH. Therefore, Ethereum's staking mechanism and ETH issuance policy essentially constitute the network's fiscal policy and monetary policy simultaneously; more security guarantees usually mean stronger property rights protection, but at the cost of higher ETH issuance volume and potential other risks. Some community members believe that Ethereum's monetary and fiscal policy design should consider the security trade-offs brought by these key ratios, but the current mechanism has not yet fully incorporated these factors. Zach Pandl added that the above analogy may not be entirely accurate as it does not yet involve other important factors such as the ETH burn mechanism, MEV, governance, etc.; how the future ETH issuance policy will be adjusted remains to be seen based on community governance results.
据 Cointelegraph 报道,比特币政策研究所(BPI)联合 Anchorage Digital、BitGo、Bitwise、Blockstream、Kraken、Ledger、MARA、Trezor 等多家加密机构,发布公开信敦促各大前沿 AI 实验室为比特币及开源软件开发者建立或扩展可信访问计划。 信中指出,Bitcoin Core 等开源维护者目前缺乏对 AI 实验室网络安全程序的访问渠道,被迫依赖能力较弱的开源模型,而比特币网络当前保护着逾 1 万亿美元资产,任何开源基础设施漏洞均可能危及用户毕生积蓄。BPI 同时披露,已收到多份报告显示包括潜在境外势力在内的复杂攻击者正借助先进 AI 能力持续发动攻击。
According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) recently issued an internal letter explicitly exempting asset-backed securities (ABS) related to AI data centers from core investor protection regulations introduced after the 2008 financial crisis, including the "risk retention" clause requiring issuers to retain a portion of the debt. The SEC determined that data centers are not financial assets that liquidate over time, therefore securities linked to them should not be subject to the same regulatory constraints as ABS related to auto loans or mortgages. Although this move does not constitute a formal rule change, since companies had previously voluntarily complied with relevant regulations out of compliance prudence, the substantive impact cannot be underestimated. In terms of market size, the annual issuance volume of data center ABS has surged from $2.4 billion in 2020 to $15.5 billion in 2025, growing more than sixfold in five years, and is expected to hit a new record high in 2026.
Odaily News: Blockchain project Core DAO has announced a coordinated emergency hard fork, caused by validators receiving CORE rewards exceeding the blockchain's originally scheduled issuance. Core DAO stated that the incident is under control, malicious validators can no longer continue to obtain excess rewards, and the upgrade will not roll back the network or revoke confirmed transactions.Core DAO previously stated that a small number of validators had accumulated rewards significantly higher than the protocol's set issuance, and that the incident only involved reward distribution, with user assets remaining secure. Coinbase, Bithumb, Coinone, Bitget, and LBank had restricted CORE deposits, withdrawals, or transfers.Core DAO has not yet disclosed the amount of excess CORE issued, the duration of the related activity, whether the extra tokens entered circulation, or the cause of the vulnerability, and stated that it will publish a technical post-mortem report. (Cointelegraph)
Odaily News – After surging to a record high of nearly $5,600 earlier this year, gold prices faced a sharp sell-off. In the three months through June, gold posted its worst quarterly performance since 2013, but the current sustained rebound is quickly repairing this technical breakdown. Driven by a combination of factors, gold is poised to emerge from the shadows of its worst quarterly showing in a decade. Amid the two-way tug-of-war between long-term structural deficits and short-term pullbacks, Wall Street is anchoring its 12-month gold price target at $5,400.Despite the optimistic long-term structural outlook, several analysts warn that gold still faces significant macroeconomic headwinds and potential correction pressure in the near term. (CNBC)
Odaily News, Glassnode reports that Bitcoin is currently trading between a median realized price of approximately $63,000 and a short-term holder cost basis of approximately $68,700. Spot trading volumes have dropped to their lowest levels since 2019, with the market in an extremely quiet state of compression. Core inflation fell to 2.5% in July and stock markets hit new highs, yet Bitcoin has shown almost no reaction or has even weakened, indicating a clear absence of demand. Selling pressure is subsiding, with profitable supply approaching levels seen at previous bear market bottoms. The seller exhaustion indicator has hit cycle lows, and the adjusted SOPR has been rejected near the breakeven line nine times.Meanwhile, buyers continue to stay on the sidelines, with negligible net inflows into ETFs and Bitcoin still flowing into exchanges. Derivatives leverage has already been heavily skewed toward longs ahead of time, open interest remains relatively high compared to trading volume, and order book bid depth is thinning. Glassnode identifies key levels to watch at approximately $68,700 to the upside and $58,500 to the downside. Only a decisive break above the former, accompanied by a recovery in trading volumes and ETF inflows, would confirm market improvement. If the latter is lost, an accelerated decline is likely given thin buying support and crowded long positioning. Glassnode states that Bitcoin is currently in the late-stage bear market compression phase, and no genuine demand signal has yet emerged.
Bitcoin analyst Plan B stated on the X platform that the core of Bitcoin's long-term value lies in scarcity, not short-term price fluctuations.Plan B believes that many people focus on Bitcoin's price charts, while the S2F model he uses focuses on the degree of asset scarcity. This model measures scarcity through "existing supply ÷ annual new production," where the S2F for gold is approximately 60. Due to Bitcoin's fixed total supply of 21 million coins and its predictable issuance schedule, its S2F is currently around 120 and continues to rise over time.The Bitcoin halving mechanism is an important driver of the S2F model. Approximately every four years, the Bitcoin network reduces the block reward by half, decreasing new supply and roughly doubling the S2F level, making it the core supply-side event observed by the model.Plan B emphasized that the S2F and its upgraded version, the S2FX model, predict long-term average value rather than precisely forecasting market tops or bottoms. Bitcoin's price typically fluctuates around the model's estimated value, and investors should focus on multi-year cycle averages rather than single-day price highs. Additionally, Plan B believes that as scarcity increases, Bitcoin is undergoing different stages of development, including proof of concept, payment network, "digital gold"/store of value asset, and institutional-grade financial asset. Each increase in scarcity could bring new market narratives and capital inflows.However, Plan B also reiterated that "all models are wrong, but some are useful." He stated that the S2F model is merely a tool for long-term understanding of Bitcoin's scarcity, not a trading signal or a "crystal ball" for price prediction. Although the model has withstood major events such as the COVID-19 pandemic and China's mining ban, it still has limitations.
Last week, major assets closed higher across the board: July Non-Farm Payrolls -23k severely dampened rate hike expectations, the USD broke below 100, and Gold and Crypto benefited in tandem. BTC/ETH ETF weekly net inflows were $853M/$245M, the third-largest institutional buying week of the year. Core risk this week: 8/12 CPI (08:30 ET), determining the direction of September rate hike expectations. Strategy advances on three fronts: Sell ETH weekly expiry $1,800 P (annualized ~15-20%), Sell HYPE 1D $52 P (annualized ~70%, newly listed on Bybit), Sell XAUT 1D $4,360 C (annualized ~30-60%). All three positions must be reduced to safe levels before CPI.
Odaily News: Part of hardware wallet manufacturer Coldcard's firmware had a random number generation vulnerability in 2021, causing some mnemonic phrases generated by the devices to carry predictable risks. The vulnerability was only discovered years later, and by then approximately 5,200 addresses and around 2,000 BTC had been stolen, with losses totaling about $130 million. Following the incident, some investors turned to Wall Street custody products. U.S. spot Bitcoin ETFs saw net inflows of approximately $626 million within days of the event. ETF analyst Eric Balchunas noted that security incidents like this could further drive capital flows into ETFs. The Bitcoin core community continues to uphold the principle of self-custody. Casa co-founder Jameson Lopp said recent events should not weaken user confidence in self-custody, as third-party custody carries risks as well. Early Bitcoin Core developer Peter Todd stated that self-custody has a better long-term security track record than centralized institutions. Michael Tanguma, co-founder of Bitcoin custody platform Onramp, said both approaches have flaws: concentrating large amounts of assets in a single institution creates a "honey pot," while hardware wallets face risks related to supply chains, firmware, and random number generation. Michael Tanguma proposed a "multi-institution custody" approach, in which multiple regulated institutions each hold keys through a multi-signature mechanism, and any transaction requires joint signing by multiple institutions to reduce the risk of single points of failure. Critics argue that while multi-institution custody improves security, it also introduces permissioned management, which conflicts with the decentralized ideals Bitcoin originally pursued. As Bitcoin enters pension funds, trusts, and institutional asset allocation, the industry is seeking custody solutions suitable for long-term wealth management. How to strike a balance among security, decentralization, and usability remains a challenge facing the Bitcoin ecosystem.
According to the official ZKsync X account (@zksync), ZKsync has announced a security upgrade for its EraVM chain. Core measures include introducing an instant upgrade framework, extending the proving delay from 3 hours to 24 hours, and deploying a second prover, EraBender, to defend against AI-driven vulnerability attacks. Over the next six months, all Boojum/EraVM chains will gradually phase out the legacy execution environment, with each chain formulating and publishing its own transition schedule. Users who hold funds directly in EOAs do not need to take any action at this time. Users who hold funds through smart contracts such as multisigs, smart accounts, DEXs, and lending protocols must take action as required once the transition plans for their respective chains are finalized. The ZKsync Atlas chain remains unaffected by this upgrade.
Odaily News: Blockchain project Core DAO has announced a coordinated emergency hard fork, caused by validators receiving CORE rewards exceeding the blockchain's originally scheduled issuance. Core DAO stated that the incident is under control, malicious validators can no longer continue to obtain excess rewards, and the upgrade will not roll back the network or revoke confirmed transactions.Core DAO previously stated that a small number of validators had accumulated rewards significantly higher than the protocol's set issuance, and that the incident only involved reward distribution, with user assets remaining secure. Coinbase, Bithumb, Coinone, Bitget, and LBank had restricted CORE deposits, withdrawals, or transfers.Core DAO has not yet disclosed the amount of excess CORE issued, the duration of the related activity, whether the extra tokens entered circulation, or the cause of the vulnerability, and stated that it will publish a technical post-mortem report. (Cointelegraph)
Odaily News: Bitcoin News posted on X platform that Core Lightning version 26.06.7 has been released, fixing multiple vulnerabilities that were responsibly disclosed over the past three weeks. Recently, there has been an increase in AI-generated security reports targeting open-source Bitcoin projects. Specific vulnerability details will be kept confidential for two weeks to allow node operators to complete upgrades before technical details and source code are published. Developers warned that immediately disclosing the fixes could allow attackers to reverse-engineer the vulnerabilities and attack nodes that have not yet been updated. All Core Lightning node operators should upgrade immediately. Docker images are not yet available, and developers have explicitly warned users not to wait for the Docker image.
According to The Defiant, the Core Lightning (CLN) maintainers for the Bitcoin Lightning Network have notified node operators that if they are unable to upgrade to the upcoming patched version, they should run their nodes offline using the --offline parameter. The team stated it will release binaries containing fixes for multiple disclosed vulnerabilities, but specific vulnerability details will remain confidential for two more weeks; as of press time, the relevant binaries and security advisory have not been published. CLN had previously noted that it received several AI-generated CVE reports over the past ten days, and the team is working with open-source contributors to verify, classify, and patch them. The latest public release is v26.06.6, issued on July 22, and the v26.09 release, originally slated for late September, continues to proceed as planned.
: Bitcoin News posted on X that Core Lightning developers have received a large number of AI-generated CVE reports over the past 10 days, and have verified the existence of vulnerabilities that need to be fixed. The team has now escalated its response, will release signed binaries, and will keep vulnerability details confidential for a two-week period. Core Lightning strongly urges all users to upgrade during this period; users who have not upgraded should take their nodes offline. Previous versions, including 26.04, will no longer be supported.
Odaily News: BIP-110 supporters are discussing a hard fork to change the stalled minority chain's mining algorithm from SHA-256d to BLAKE2b. Transaction history before the fork remains shared by both chains. If transaction and signature rules remain consistent, the same transaction could be replayed on the other chain, creating a replay attack.BIP-110's peak miner support was approximately 2.53%. After the consensus rules took effect on August 8, the minority chain produced only two consecutive blocks before stalling, while the Bitcoin main chain continued operating and widening the block height gap. The BIP-110 proposal was subsequently marked as closed, and supporters shifted focus to discussing the BLAKE2b proof-of-work scheme.Bitcoin Knots plans to add a new signature hash option, but RDTS will still maintain compatibility with Bitcoin Core's existing signature hash types. Regular transactions may continue to be valid on both chains. Users will need to use the new option and rely on wallets or hardware signing firmware that support it to achieve asset separation.Luke Dashjr stated on August 18 that Bitcoin should bear the responsibility for replay protection, calling it "Spamcoin." If the BLAKE2b fork proceeds around September 1, exchanges, wallets, and holders will need to distinguish between cross-chain transactions and chain-specific transactions. (Bitcoin.com News)
According to CoinShares’ Q2 Bitcoin Mining Report, even as Bitcoin prices continue to rebound, publicly listed miners that have already pivoted to AI infrastructure are highly unlikely to return to mining operations. The report indicates that AI infrastructure yields approximately $1.5 million in profit per megawatt, roughly triple that of Bitcoin mining (around $500,000), highlighting a stark economic disparity. Currently, at least 35 EH/s of hash rate (representing about 4.7% of the network’s total 750 EH/s) is slated to exit the publicly listed mining sector, with companies such as Core Scientific, IREN, Cipher Digital, and TeraWulf having sequentially announced either full exits or scaling back of mining operations. Given that some AI hosting agreements extend up to 15 years, this transformation is largely irreversible.
Odaily News — The Ethereum Ecosystem Summit, jointly initiated by Sharplink, BlockUnion, and ETH HK Hub, and co-organized by Lido Institutional, will be held on October 8, 2026, in Singapore. The summit is aimed at Ethereum ecosystem builders, financial institutions, investors, and on-chain infrastructure teams, and will focus on discussions around Ethereum's long-term value, institutional adoption, and the development direction of agentic finance.Ethereum co-founder and Consensys founder Joe Lubin has confirmed his attendance and will hold a fireside chat with Sharplink CEO Joseph Chalom, reflecting on Ethereum's development over the past decade under the theme "Ethereum's Ten Years: From an Idea to the Future of Open Finance," and discussing the next phase of open finance.As one of the high-profile events focused on the Ethereum ecosystem during TOKEN2049, the summit will center on three core topics, including Ethereum's long-term value, infrastructure, and credible neutrality; institutional treasuries, asset tokenization, and on-chain infrastructure; and the agentic finance technology stack composed of stablecoins, tokenized assets, instant settlement, and autonomous commerce.The conference is also supported by ecosystem partners including SNZ, EthSystems, EthLabs, Ethereum Institutional, HashKey Capital, and Ethereum Singapore, and will invite representatives from fields such as Ethereum infrastructure, liquid staking, digital asset custody, payments, and on-chain finance to participate in discussions. More guests and the full agenda will be announced soon.
Flop Labs officially released an announcement, making the draft of the $FLOP tokenomics model public. The total supply cap is set at 18.1 billion tokens by the end of Year 10, with a terminal inflation rate of 0.5% per year and a halving mechanism to control the release pace. Core principles include no VC allocation and no pre-sale, with all tokens distributed solely through participation. The allocation structure is as follows: • Miners: 8.8 billion tokens, accounting for 48.6%, representing the largest share • Airdrop: 4.4 billion tokens, accounting for 24.3%, covering miners, validators, Agents, and reserve incentives • Team + Foundation: 2.0 billion tokens, accounting for 10.8% • Validators: 1.2 billion tokens, accounting for 6.5% • Broker/Agent: 1.2 billion tokens, accounting for 6.5% • Staking Rewards: 600 million tokens, accounting for 3.2% Currently, this data represents a draft version, and all figures remain subject to adjustment.
On September 7, macroeconomic data from multiple countries, including China's August foreign exchange reserves, Germany's July industrial production, and the final Q2 GDP for the eurozone, will be released. Investors should closely monitor European and UK-related indicators released between 14:00 and 17:00 on that day.
According to the official ZKsync X account (@zksync), ZKsync has announced a security upgrade for its EraVM chain. Core measures include introducing an instant upgrade framework, extending the proving delay from 3 hours to 24 hours, and deploying a second prover, EraBender, to defend against AI-driven vulnerability attacks. Over the next six months, all Boojum/EraVM chains will gradually phase out the legacy execution environment, with each chain formulating and publishing its own transition schedule. Users who hold funds directly in EOAs do not need to take any action at this time. Users who hold funds through smart contracts such as multisigs, smart accounts, DEXs, and lending protocols must take action as required once the transition plans for their respective chains are finalized. The ZKsync Atlas chain remains unaffected by this upgrade.
Odaily News: Blockchain project Core DAO has announced a coordinated emergency hard fork, caused by validators receiving CORE rewards exceeding the blockchain's originally scheduled issuance. Core DAO stated that the incident is under control, malicious validators can no longer continue to obtain excess rewards, and the upgrade will not roll back the network or revoke confirmed transactions.Core DAO previously stated that a small number of validators had accumulated rewards significantly higher than the protocol's set issuance, and that the incident only involved reward distribution, with user assets remaining secure. Coinbase, Bithumb, Coinone, Bitget, and LBank had restricted CORE deposits, withdrawals, or transfers.Core DAO has not yet disclosed the amount of excess CORE issued, the duration of the related activity, whether the extra tokens entered circulation, or the cause of the vulnerability, and stated that it will publish a technical post-mortem report. (Cointelegraph)
According to CoinShares’ Q2 Bitcoin Mining Report, even as Bitcoin prices continue to rebound, publicly listed miners that have already pivoted to AI infrastructure are highly unlikely to return to mining operations. The report indicates that AI infrastructure yields approximately $1.5 million in profit per megawatt, roughly triple that of Bitcoin mining (around $500,000), highlighting a stark economic disparity. Currently, at least 35 EH/s of hash rate (representing about 4.7% of the network’s total 750 EH/s) is slated to exit the publicly listed mining sector, with companies such as Core Scientific, IREN, Cipher Digital, and TeraWulf having sequentially announced either full exits or scaling back of mining operations. Given that some AI hosting agreements extend up to 15 years, this transformation is largely irreversible.
Odaily News — The Ethereum Ecosystem Summit, jointly initiated by Sharplink, BlockUnion, and ETH HK Hub, and co-organized by Lido Institutional, will be held on October 8, 2026, in Singapore. The summit is aimed at Ethereum ecosystem builders, financial institutions, investors, and on-chain infrastructure teams, and will focus on discussions around Ethereum's long-term value, institutional adoption, and the development direction of agentic finance.Ethereum co-founder and Consensys founder Joe Lubin has confirmed his attendance and will hold a fireside chat with Sharplink CEO Joseph Chalom, reflecting on Ethereum's development over the past decade under the theme "Ethereum's Ten Years: From an Idea to the Future of Open Finance," and discussing the next phase of open finance.As one of the high-profile events focused on the Ethereum ecosystem during TOKEN2049, the summit will center on three core topics, including Ethereum's long-term value, infrastructure, and credible neutrality; institutional treasuries, asset tokenization, and on-chain infrastructure; and the agentic finance technology stack composed of stablecoins, tokenized assets, instant settlement, and autonomous commerce.The conference is also supported by ecosystem partners including SNZ, EthSystems, EthLabs, Ethereum Institutional, HashKey Capital, and Ethereum Singapore, and will invite representatives from fields such as Ethereum infrastructure, liquid staking, digital asset custody, payments, and on-chain finance to participate in discussions. More guests and the full agenda will be announced soon.
Tom Lee posted on X platform, agreeing with Mark Zandi's view that the Federal Reserve does not need to immediately choose between two options and can wait. Goldman Sachs estimates that the supply shock driving core PCE higher currently stands at 1.75 percentage points and will weaken by 100 basis points to 0.75 percentage points by early 2027; without rate hikes, core PCE will fall by 100 basis points. He stated that when the market is positioned for bearish news, the market may rise after the event occurs.
Digital asset management firm Grayscale has launched four model portfolios based on crypto exchange-traded products (ETPs), designed for financial advisors to allocate digital asset exposure in client accounts. Each model provides suggested allocations and does not constitute a directly managed account.All four strategies are market-cap weighted and rebalanced quarterly, with a 40% cap on any single asset. The products include Digital Assets Core Plus, Digital Assets Leaders, Digital Assets Next Gen, and Digital Assets Infrastructure.Financial advisors remain responsible for determining the suitability of the models for client accounts, executing trades, implementing allocations, and client reporting. Some models may include ETPs issued by Grayscale affiliates that charge management fees and certain staking-related fees. (Bitcoin.com News)
Tibo, Head of Core Products at OpenAI, announced that OpenAI will retire the GPT-5.3-Codex-Spark model next week. He noted that while the model previously performed well, its usage has steadily declined, and with significantly better-performing models now available, this will make room for future model development.
Flop Labs officially released an announcement, making the draft of the $FLOP tokenomics model public. The total supply cap is set at 18.1 billion tokens by the end of Year 10, with a terminal inflation rate of 0.5% per year and a halving mechanism to control the release pace. Core principles include no VC allocation and no pre-sale, with all tokens distributed solely through participation. The allocation structure is as follows: • Miners: 8.8 billion tokens, accounting for 48.6%, representing the largest share • Airdrop: 4.4 billion tokens, accounting for 24.3%, covering miners, validators, Agents, and reserve incentives • Team + Foundation: 2.0 billion tokens, accounting for 10.8% • Validators: 1.2 billion tokens, accounting for 6.5% • Broker/Agent: 1.2 billion tokens, accounting for 6.5% • Staking Rewards: 600 million tokens, accounting for 3.2% Currently, this data represents a draft version, and all figures remain subject to adjustment.