News linked to both this project and an event.
Odaily News: The Cardano Foundation has spun off its digital identity project Veridian into an independent Swiss company and tokenized the majority of its 1 million shares on the Cardano blockchain.Veridian becomes the first company to adopt the Cardano CIP-0113 standard. This standard allows token issuers to impose transfer restrictions and freeze or seize assets to meet regulatory requirements.Veridian's mobile wallet is now live, and it is developing related credentials to help individuals, businesses, and AI agents verify identity and permissions without relying on centralized databases. (CoinDesk)
community member ugurmersin has proposed an alternative to Proposal 613, suggesting that custody of the Ecosystem Protection and Continuity Fund (EPCF) and mainnet Chainlink SVR revenue be transferred from the Safe controlled by the Compound Foundation to a Community Multisig, adopting a 9-party 5/9 multisig mechanism. The proposal does not advocate shutting down the EPCF, but rather preserving its purpose, size, 48-month term, and emergency fund deployment capability.As of October 8, the EPCF held 500,000 USDC and 4.5834 million USDC deposited in cUSDCv3, while mainnet Chainlink SVR revenue held 355.95 ETH. The proposal states that the original Proposal 613 had planned to shut down the EPCF and transfer the funds to the Governor Timelock, and was canceled by the Proposal Guardian on October 7.
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)
The Cardano Foundation has officially launched the programmable token standard CIP-0113 on the Cardano mainnet, enabling regulated asset issuers such as stablecoin operators, tokenized funds, and bond issuers to embed compliance rules including KYC, anti-money laundering, sanctions screening, asset freezing and confiscation, and transfer restrictions directly into their tokens, which are then enforced by the Cardano ledger with every transfer, mint, and burn. This standard requires no hard fork; the tokens remain native to Cardano, and issuers can update compliance modules in response to regulatory changes.
Antseed Foundation has announced the completion of a $2.4 million token round, led by Spark Capital, with participation from Collider, DCG, North Island Ventures, Reciprocal Ventures, Relay Capital, and Venice.ai. Antseed's primary business is building a peer-to-peer AI inference network that enables model and agent service providers to offer services directly to users, with matching and settlement completed through local routing, reputation mechanisms, and on-chain payments.
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 reports: Vitalik Buterin shared Nethermind's development progress and stated that Nethermind is continuously improving Ethereum's efficiency and operating speed. Nethermind core developer Ben Adams said that its Beacon Chain plugin has completed syncing and is ready for the Glamsterdam fork on Sepolia; running Ethereum's execution layer and consensus layer as a single application appears to introduce no significant additional memory overhead. The Ethereum Foundation previously confirmed that Glamsterdam will activate on Sepolia on October 6, and Nethermind 2.1.0 already supports this upgrade.
Canary Capital has stated its proposed staking Injective ETF is "coming soon," with the ticker INJC. The product will provide staking yield-related exposure around the INJ token.Meanwhile, the Injective Foundation announced the launch of the Trench Treasury program, aimed at supporting ecosystem projects built on INJ and rewarding community members. The program will further drive the development of the Injective ecosystem. (The Block)
The Drift Foundation has outlined the compensation plan following the protocol hack: users will receive 1 DFX token for every 1 USDT lost, with redemption amounts depending on the recovery pool balance that currently covers only about 1% of total claims; Tether has committed to providing up to $127.5 million USDT to support protocol restart and user compensation, with funds matched against Velocity's net protocol revenue rather than disbursed as a lump sum; the claims deadline is January 1, 2028, allowing users to choose to hold DFX or trade it on secondary markets such as Raydium, with the only official link being dfx.drift.trade.
Odaily News: On October 1, the Ethereum Foundation and Open Anonymity Project launched zkAPI on the Ethereum mainnet. The system allows users to pre-deposit ETH, USDC, and other balances, separating billing identity from requests when paying for AI and other usage-based services.After depositing funds, users can authorize payments via zero-knowledge proofs and one-time API keys. Once the server verifies the payment proof, it generates a short-term key with a preset spending cap. AI service providers can receive prompts but will not learn the corresponding payment identity.zkAPI does not hide prompt content, and AI service providers can still read prompts and responses; stable IP addresses, timing patterns, and repetitive behavior may also link user identities. The project's code repository labels zkAPI as an experimental project. (Bitcoin.com News)
Odaily reports: Greenfield Capital, an early investor in Safe, has published an open letter stating that it has filed a regulatory complaint with the Swiss Federal Foundation Supervisory Authority (ESA) regarding the Safe Ecosystem Foundation. Greenfield Capital stated that it has never sold any SAFE tokens since investing in Safe in 2022, but the total assets held in Safe accounts have declined from approximately $6.6 billion at the beginning of 2024 to about $3 billion. Over the same period, total DeFi TVL grew by roughly 40% and stablecoin supply increased by 135%, while stablecoins within Safe grew by only 11%. The firm believes that Safe's share of the self-custody market is declining.Greenfield Capital stated that about a year ago, it was unable to form a reliable judgment based solely on information provided by the Safe team, so it conducted an independent review together with former employees, major users, ecosystem developers, and other investors, and concluded that the issues identified all ultimately related to governance. The firm had previously requested refreshing the foundation's board of directors with experienced and independent members, restructuring management and bringing in operators with experience scaling infrastructure businesses, and having the board lead a review of strategy, product, organizational structure, and tokenomics while setting quantifiable key performance indicators. Greenfield Capital said that since late 2025, it has made these requests to the foundation both directly and through legal counsel, but the foundation only established a strategy committee without decision-making authority and appointed people from existing circles to fill board vacancies, which ultimately led to the filing of the regulatory complaint with ESA. The firm emphasized that this action is not a lawsuit against individuals and that it does not intend to take over Safe; its concerns are limited solely to foundation governance and board composition. It remains positive about the work of the Safe Labs operating team and will continue to cooperate as an ecosystem participant and Safenet validator.
Ripple与XRP Ledger基金会（XRPLF）联合成立新组织XRP Asia，旨在推动亚太地区XRP Ledger（XRPL）生态发展，总部位于新加坡，由前Hedera基金会亚太及金融科技/支付业务负责人Sabrina Tachdjian领导，该组织将支持开发者培训、黑客松、合作伙伴计划、创业支持以及生态活动，并对接基础设施服务商、孵化及资助项目，以及连接投资者和生态合作伙伴。
The decentralized lending protocol Aave community has released an ARFC proposal, proposing the establishment of a "memberless" foundation entity, Aave Foundation, in the Cayman Islands to hold the Aave trademarks, core domain names, and intellectual property rights of the codebase. According to the proposal's plan, the structure will be implemented in phases. Phase I involves solely the establishment of the entity and the appointment of independent directors and supervisors, with all associated costs borne by the decentralized autonomous organization (DAO) and no regular budget established.
According to The Defiant, Kinetiq, a liquid staking protocol within the Hyperliquid ecosystem, announced the conclusion of its kPoints program. Rather than receiving free KNTQ tokens, point holders will obtain the right to purchase the tokens at a fixed price. Kinetiq has allocated 50 million KNTQ for this program, with a purchase price of $0.26 per token and a 10-day claim window. If fully redeemed, it is expected to generate $13 million in revenue. In terms of market performance, KNTQ traded at approximately $0.422 prior to the announcement, dropping to around $0.281 shortly after, marking a maximum decline of roughly 33%. It later rebounded to near $0.325, still representing a decrease of about 23% compared to pre-announcement levels. Kinetiq stated that any unclaimed KNTQ remaining after the 10-day period will be returned to the Kinetiq Foundation for use in ecosystem and growth initiatives. Previously, the kPoints program had distributed approximately 36.8 million points in total.
The Ethereum Foundation, in collaboration with the Open Anonymity Project, has launched zkAPI, which is now live on the Ethereum mainnet. zkAPI allows users to first deposit assets such as ETH and USDC into an on-chain Vault, and then use zero-knowledge proofs to authorize API usage quotas, without exposing their specific payment identity to service providers.
Odaily News: The Ethereum Foundation has announced that zkAPI, jointly developed with the Open Anonymity Project, is now running on the Ethereum mainnet. The solution separates payment from identity through zero-knowledge proofs, allowing users to deposit ETH, USDC, and other assets into a vault contract in a single transaction and authorize AI API usage quotas without revealing their identity.Service providers can view request content but cannot know the payer's identity, while the payment service provider can only see the amount spent and cannot associate it with specific requests or users. zkAPI is initially aimed at AI inference scenarios and can also be used for pay-as-you-go scenarios such as blockchain RPC, image and video generation.
Odaily News — According to monitoring by Drift Foundation, DFX claims and redemption are now live. Users with verified losses from the April 1 incident can claim 1 DFX per 1 USDT lost. Each DFX corresponds to a claim on the Recovery Pool, which currently holds approximately 3.11 million USDT. The funding sources include a portion of Velocity's daily protocol net revenue, up to 127.5 million USDT in matching funds from Tether, up to 20 million USDT from strategic partners, and assets recovered subsequently.DFX can be redeemed for USDT at a redemption amount calculated as "Recovery Pool balance ÷ DFX outstanding supply." Redeemed DFX will be burned, and transactions are irreversible. The claims window will close on January 1, 2028, at 00:00 UTC, at which point unclaimed DFX will be burned.Yesterday, Drift Foundation released an update on fund recovery efforts related to the April 1 security incident, in which approximately $295 million in user assets were stolen. The Foundation has engaged Mandiant, zeroShadow, and SEAL 911 to conduct investigations and trace funds, with Mandiant identifying the attacker as North Korean threat group UNC6862.
According to a post by the Blockchain Association (@BlockchainAssn), the Blockchain Association has officially launched the Vaults Workstream, bringing together dozens of leading member organizations including a16z Crypto, Aave, Uniswap, Grayscale, dYdX Foundation, Ethena, Morpho, and Multicoin to participate in Washington-based policy discussions on on-chain finance. As an emerging component of on-chain finance infrastructure, Vaults can provide users with diverse asset exposure, support composable and personalized investment strategies, and offer high flexibility in manual control, governance, and risk management. Members of this workstream will engage directly with the SEC to assist legislators in understanding Vault mechanics and the applicability of existing regulatory frameworks, with the goal of aligning regulatory rules with technological development to ensure the United States maintains its leading position in on-chain financial innovation.
According to an official announcement from the Ethereum Foundation, the Ethereum Glamsterdam network upgrade has been confirmed to activate on the Sepolia testnet at 13:53:36 UTC on October 6, 2026 (Epoch 353,024), with activation times for Hoodi and the mainnet yet to be determined. Glamsterdam combines the Amsterdam execution layer and Gloas consensus layer upgrades. Core changes include introducing embedded proposer-builder separation (ePBS, EIP-7732), incorporating the block building process into the consensus protocol to reduce reliance on middleware; adding block-level access lists (BALs, EIP-7928) to enable clients to read state in parallel and verify transactions in parallel, thereby improving execution throughput. Additionally, the upgrade adjusts the gas pricing mechanism (EIP-8037/8038) to more accurately reflect the actual costs of state creation and access, requiring application developers to test their contracts to adapt to the new rules. Currently confirmed client versions supporting Sepolia activation include: consensus layer Lodestar 1.49.0, Prysm 7.2.0, Teku 26.9.1; execution layer Besu 26.9.0, Erigon 3.7.0, go-ethereum 1.17.6, Nethermind 2.0.0, Reth 2.7.0. Node operators must update simultaneously before activation.
Odaily News: Circle Foundation, the philanthropic arm of Circle Internet Group, has announced the launch of two grant programs in partnership with the United Nations Development Programme (UNDP) and the World Food Programme (WFP) to explore the use of regulated stablecoins and digital financial infrastructure for international development and humanitarian aid payments.Circle Foundation will fund UNDP in establishing a Digital Asset Innovation Pool to support its country offices in scaling regulated stablecoin payments from local pilots to full project delivery. The mechanism is designed to complement traditional banking systems.Another grant awarded to World Food Program USA will support WFP in building governance, risk, compliance, and fund reconciliation frameworks for digital asset distribution. WFP plans to test stablecoin payment channels in 2 to 3 countries over the next three years and conduct independent research to establish benchmarks for speed, efficiency, and cost. (Bitcoin.com News)