News linked to both this project and an event.
Onchain Lens posted on X questioning CoinDCX's so-called hack incident, stating that CoinDCX may have undisclosed fund anomalies—user deposits had flowed into a wallet that was not included in the relevant fund accounting, after which nearly equivalent funds were transferred out; some funds were also moved through less common cross-chain bridge entry points and services, indicating abnormal pathways.Onchain Lens further pointed out that some funds suspected to be related to CoinDCX hot wallets flowed through over-the-counter (OTC) services and mixing platforms, and questioned that the CoinDCX team still denied the occurrence of a security incident even after multiple researchers and on-chain investigators presented relevant evidence.
Odaily News: Hyperliquid Labs CEO and co-founder Jeff Yan gave a rare interview, detailing the platform's operating mechanism and future plans.Hyperliquid entered the spotlight of global traders and market observers earlier this year—after the Iran war broke out, speculators used the markets built on it to trade crude oil, with the platform offering 24/7 markets on the blockchain. In August, U.S. President Trump said the CFTC is pushing to allow Hyperliquid to "enter the United States in a fully compliant and legal manner." Hyperliquid currently operates outside the United States, but that has not hindered its rapid expansion over the past year.In the interview, Jeff Yan introduced the protocol he built with his co-founder, the ecosystem of participants and assets tied to Hyperliquid (such as the platform's cryptocurrency HYPE), how perpetual contracts are bought and sold on the platform, and explained what a blockchain oracle is, as well as the conditions Hyperliquid needs to meet to conduct business in the United States. (Bloomberg)
Odaily News — Global investment management firm Franklin Templeton is exploring regulatory exemptions to allow tokenized money market funds and ETFs to trade through blockchain-based trading venues. On October 9, the company met with staff of the U.S. Securities and Exchange Commission (SEC) Crypto Task Force regarding legal issues including pricing, fees, and asset pools.The agenda included whether investors can exchange blockchain fund shares for tokenized National Market System (NMS) stocks through blockchain trading venues, and whether liquidity providers can charge service fees. The related issues involve pricing rules under the Investment Company Act and whether exemptions are needed.Regarding tokenized ETFs, Franklin Templeton also discussed pairing them with tokenized stocks, approved payment stablecoins, or tokenized money market funds, as well as whether liquidity pools need to obtain Investment Company regulatory exemptions. Its preliminary disclosure on September 30 listed assets under management at $1.79 trillion.Franklin Templeton's blockchain fund recordkeeping business began with the Franklin Onchain U.S. Government Money Fund launched in 2021. The BENJI token represents shares of the fund, and transferring tokens simultaneously transfers the corresponding shares, with transactions recorded and share ownership tracked by the Benji Technology Platform. (Bitcoin.com News)
According to Onchain Lens monitoring, the suspected hacker behind the reported $90 million Ledger reseller incident has deposited 430.2 ETH, worth $1.07 million, into Tornado Cash through 4 wallets. After Tether froze the related funds, the hacker swapped USDT for USDD through SUN.io and USDD's PSM, with some funds also flowing into Binance hot wallets.The hacker's wallet tracked by Arkham currently holds a total of $70.6 million in assets, including 11,406 ETH worth $28.35 million; 213.371 BTC worth $17.65 million; 13.646 million USDD worth $13.65 million; and 10.909 million USDT worth $10.91 million. Onchain Lens is calling on Binance to investigate these transfers and freeze accounts associated with the stolen funds as soon as possible.
Odaily reports: U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated that although the CLARITY Act was not passed by Congress, the SEC will still clarify onchain fundraising rules within its statutory authority.The U.S. Senate failed to advance the CLARITY Act on September 15 with a 49-50 vote, falling short of the required 60-vote threshold. Atkins has not yet disclosed what form the relevant guidance will take—whether exemptions, a registration pathway, or staff guidance.The SEC previously paved the way for tokenized stocks on September 17, and on September 25 published nine FAQs explaining the impact of token issuers' commitments on securities determinations. Commissioner Hester Peirce will depart on October 2, leaving the SEC with only two sitting commissioners, Atkins and Mark Uyeda. (Bitcoin.com News)
R25 today announced the official public beta launch of R25 Studio, the core product of its 2.0 architecture.R25 Studio is dedicated to realizing the vision that "anyone can become an asset manager," fully opening up institutional-grade fund setup, operations, and distribution capabilities. By abstracting cumbersome legal documents, back-end systems, and compliance processes into configurable smart contracts, R25 Studio has successfully compressed the fund setup timeline from months to just 10 minutes.The platform is built around four pillars — Build, Manage, Earn, and Distribute — covering Vault creation, subscription and redemption, investment management, fee earning, and distribution. Asset managers no longer need to build complex fund structures from scratch; they can autonomously configure investment parameters, management fees, and performance fee rates onchain, generate dedicated Vault Tokens/Shares, and list their Vaults on channels such as Dapp and Topnod. The platform also provides performance data including NAV, APY, cumulative returns, and maximum drawdown, helping asset managers monitor strategy performance in real time.Previously during the 1.0 phase, Axil launched a private credit Vault on R25 and successfully surpassed $130 million in TVL, validating the reliability of this infrastructure.The application channel for the first batch of managers is now open. (Please click the original link)
Cryptocurrency exchange Kraken's parent company, Payward, plans to offer onchain perpetual contract trading to U.S. users through Hyperliquid. Its Bitnomial exchange, which is regulated by the U.S. Commodity Futures Trading Commission, will create and manage the relevant markets, and the plan is still pending regulatory approval.Customer accounts will be hosted by NinjaTrader Clearing and will be limited to users who pass its whitelist review with Bitnomial. Digital asset management firm Grayscale said that if the relevant markets pay protocol fees to Hyperliquid, the new trading activity could increase funds for HYPE token purchases. (Bitcoin.com News)
Arc officially announced that Circle's onchain FX engine StableFX is now live on the Arc mainnet. Arc is a public chain launched by Circle, designed for stablecoins and payment use cases; StableFX supports 24/7 settlement, enabling near-instant or delayed settlement, ensuring that both parties either receive funds simultaneously or neither receives funds, and supports trading with multiple vetted counterparties through a single contract, using a unified RFQ model for pricing. The global foreign exchange market has a daily trading volume of nearly $10 trillion, most of which still relies on traditional trading hours.
Japan's Financial Services Agency has published its "Fiscal Year 2026 Financial Administration Policy," proposing to clarify the technical, institutional, and regulatory challenges of onchain finance through public-private practical verification and dialogue, while ensuring user protection and financial system stability, and to build financial infrastructure that is both convenient and competitive.Japan's Financial Services Agency will also advance the shortening and upgrading of securities settlement processes in conjunction with the development of asset tokenization, and plans to establish an onchain finance forum for the AI era to discuss the application of digital finance, decentralized finance, and AI technology in the financial sector.
asset management giant Invesco is planning to launch a new money market fund designed for stablecoin reserves. According to a revised filing submitted to the U.S. SEC, Invesco intends to add the "Invesco Stablecoin Reserves Onchain Fund" to its Short-Term Investments Trust product portfolio.The fund has not yet announced its ticker symbol. It will primarily invest in high-quality short-term assets, including U.S. Treasuries, repurchase agreements, and cash equivalents, aiming to maintain a stable net asset value of $1 per share and provide daily liquidity.This product is designed for stablecoin issuers, enabling them to hold compliant reserves within the framework of the GENIUS Act reserve requirements while also generating yield. As of May 31, Invesco managed approximately $2.45 trillion in assets.The fund will also introduce blockchain infrastructure company Superstate as a secondary transfer agent for tokenized shares, recording fund shares on a designated public blockchain that has yet to be disclosed. Recently, several Wall Street institutions, including State Street, have also launched similar products, indicating that traditional asset management giants are accelerating their competition for the stablecoin reserve and tokenized money market fund market.
YZi Labs has announced the list of 25 graduating teams for Season 3 of its flagship incubation program, EASY Residency. The selected projects span areas including onchain financial market infrastructure, AI agents, verifiable intelligence, real-world asset tokenization, prediction markets, privacy-compliance solutions, and onchain financial consumer entry points.