News linked to both this project and an event.
Odaily reports: In his keynote speech at TOKEN2049 Singapore, Arthur Hayes stated that high-FDV, low-float tokens no longer rise after listing on Binance, and criticized VC presales for abusing tokenomics and leaving retail investors to bear the bag. He said this model has dominated the industry for over a decade, but the market is no longer buying into it. Flop Labs has proposed a "100% fair launch" scheme with no presale and no VC allocation, instead having testnet participants earn FLOP through actual work and receive airdrops. The genesis airdrop accounts for approximately 24.3% of the Year 10 supply, about 4.4 billion tokens, with a total supply of 18.1 billion; the launch is planned for late October or early November 2026 and will last about 90 days, with mainnet genesis set for Q1 2027. Flop Labs is funded by Hayes personally; Hayes stated that FLOP is not yet trading and that any early sales are scams.
Gate has released the Singapore special edition of its documentary series "Behind Gate: Dr. Han," which follows a three-day itinerary as its main thread, authentically chronicling the daily work and key moments of platform founder and CEO Dr. Han during TOKEN2049 Singapore, covering multiple scenarios including the launch of Gate Money, keynote speeches, media interviews, client meetings, and an awards dinner.The documentary focuses on the release process of Gate Money and reveals a real clip of Dr. Han using NVIDIA stock to buy coffee before his speech. He subsequently shared this experience in his keynote address to demonstrate the connection between asset management and everyday payments. In the film, Dr. Han states that Gate Money is not only aimed at traders but also hopes to serve a broad global user base, and that the platform needs to maintain innovation while continuously refining its products to meet users' increasingly diverse financial needs.The film also captures heartwarming moments of Dr. Han communicating with team members, discussing customer needs, and preparing a birthday cake for colleagues, revealing an everyday side beyond the tight schedule. Looking ahead, Dr. Han regards Gate Money as a new mission and starting point, and sets out a long-term vision of serving approximately 500 million users over the next five years, demonstrating Gate's strategic direction of continued development toward a comprehensive financial services platform.
Odaily News: Recently, Gate founder and CEO Dr. Han gave an exclusive interview to Fortune, sharing Gate's strategic thinking on evolving from a crypto asset trading platform into an integrated financial services application. During TOKEN2049 Singapore, Gate officially launched Gate Money, with "One Gate, Everything Money" as its core concept, bringing together fiat currency, digital assets, stocks, ETFs, gold, bank accounts, and payment services on a single platform. Users in eligible regions can open a global bank account in their own name online, and in the future will also be able to receive payments in more than 60 local currencies; Gate Card connects assets with consumption scenarios, enabling multiple asset types, including fiat currency, digital assets, tokenized gold, and stocks, to be used more flexibly for everyday payments. Gate Money also supports QR code payments via local payment codes in certain countries and regions.Dr. Han stated that, building on Gate's long-accumulated capabilities in trading, liquidity, and asset services, Gate Money expands fund management and real-world payment scenarios. In his vision: "In users' minds, assets are inherently a whole. Even if they exist in five different forms, they should be managed in a unified way within one app." Therefore, Gate Money aims to let users complete holding, trading, exchange, yield management, and spending within the same account, and to provide more options for flows between different asset forms, rather than making judgments for users.Currently, Gate serves more than 61 million users worldwide, covering over 130 countries and regions. Looking ahead to the next five years, Dr. Han expects the tokenization of traditional assets to continue advancing, and AI Agents to further change how users manage and use funds. From serving traders to connecting broader capital needs, Gate is extending its digital asset capabilities into more complete financial life scenarios.
According to Bloomberg, Polymarket CEO Shayne Coplan recently hinted that the platform may release an announcement, sparking widespread market speculation over the potential launch of a cryptocurrency token. Previously, at the TOKEN2049 Singapore conference, Coplan noted that the company is exploring an on-chain asset linked to the platform’s economic system with practical programmable utility, though no specific token issuance plan was announced. At present, crypto startups face a choice between traditional equity financing and token offerings as they seek both capital and regulatory stability.
According to CryptoBriefing, Franklin Templeton CEO Jenny Johnson stated at the TOKEN2049 Singapore conference that most competing tokenized funds on the market are merely "digital twins" of traditional products and do not truly leverage the efficiency advantages of blockchain. In contrast, Franklin Templeton's BENJI fund uses a public blockchain as its native ledger layer, supports per-second yield accrual, and incurs transaction costs of just $1.13 per trade, far lower than the approximately $150 typical of traditional methods.
Odaily News: On October 7, Gate founder and CEO Dr. Han officially announced the launch of Gate Money during a keynote speech at TOKEN2049. Centered on the core concept of "One Gate, Everything Money," Gate Money leverages Gate's established diversified financial service capabilities to build a globally integrated financial services application, connecting digital assets, fiat currencies, stocks, ETFs, gold, bank accounts, payments, and asset management services into a single account, covering scenarios including asset holding, receiving funds, transfers, payments, exchanges, and yield. Users can experience Gate Money by updating the Gate App to version v8.39.0.Gate Money supports users in managing multiple fiat currencies and digital assets under a single account, and provides fiat and on-chain deposits, withdrawals, transfers, and other functions. Eligible users can also upgrade to obtain a bank account in their own name for receiving funds and withdrawals. Meanwhile, Gate Money supports using different types of assets in the account, including stocks, for daily payment and spending. Gate Card supports online and offline purchases using fiat currencies or digital assets, and can be linked to digital wallets such as Apple Pay and Google Pay. Convert supports asset exchanges, while Earn offers yield products, with balances in assets such as USDT able to earn up to 3.6% yield with no lock-up required.The launch of Gate Money further connects asset management, fund circulation, and daily payment scenarios, extending Gate's financial services from digital asset trading and asset management toward more fund and consumption needs. In the future, Gate will continue to expand asset categories, payment methods, and financial service capabilities, further enriching Gate Money's products and application scenarios.
According to Decrypt, Ledger announced at the TOKEN2049 conference in Singapore the launch of its self-custody lending feature, "Crypto Loan". Eligible users can borrow stablecoins USDC or USDT through their wallet application by using wrapped Bitcoin (cbBTC or wBTC) as collateral, without transferring funds to centralized lending platforms or selling the underlying assets.
Odaily reports: Hardware wallet company Ledger announced at TOKEN2049 in Singapore the launch of a self-custodial lending feature within its wallet app called Crypto Loan. Eligible users can use cbBTC or wBTC as collateral to borrow USDC or USDT.Users can open and manage loans directly within Ledger Wallet, track loan-to-value ratios, add collateral, repay loans, or increase borrowing. Key operations must be confirmed via hardware on a Ledger signing device before execution.The feature is powered by decentralized credit network Morpho, with Yield.xyz as the technology service provider. Ledger also announced that its signing devices can connect directly to Morpho without the need for browser extensions or software wallet connection protocols.Crypto Loan has begun rolling out to eligible users, with broader coverage to follow. If the price of collateral assets drops significantly, the related collateral may be subject to forced liquidation. (Decrypt)
at the TOKEN2049 event in Singapore that Hyperliquid founder Jeff Yan stated that options will become the next component of Hyperliquid, allowing traders to hedge options with spot and perpetual contracts on the same order book.
on October 7, WEEX Exchange announced the launch of the "Wall Street Tycoon × Monopoly" campaign. Users can register to receive dice, and by completing tasks such as spot US stock trading, futures trading, dice consumption, and inviting friends, they can earn more dice; rolling dice to advance on the board unlocks random rewards including BTC / ETH / USDT / WXT / stock tokens / bonuses / deduction credits / position airdrops / points / dice, and users can also participate daily in US stock matchup predictions to win more points and share in a million USDT prize pool. Campaign period: October 7, 00:00 to November 3, 23:59 (UTC+8).Among these, October 7 to 11 is the TOKEN2049 theme phase. Users who register on-site at TOKEN2049 Singapore to participate in the campaign can receive a limited VIP experience card. In addition, participants can visit the WEEX Alpha Suite to join roundtable forums, AMAs, AI trading experiences, and Mini Trading House interactions, and receive exquisite merchandise and custom souvenirs.
Odaily News — As TOKEN2049 Singapore approaches, Gate has released a teaser video for the event. In the video, Gate founder and CEO Dr. Han shares his thoughts on continuous innovation and change, stating that the next one to two years will mark "a new starting point," and that Gate will continue to advance its products, services, and market development.It is reported that Dr. Han will attend TOKEN2049 Singapore, deliver a keynote speech on the main stage, and engage in a fireside chat with four-time F1 World Champion Max Verstappen. During the event, Gate will set up a branded booth and an exclusive Lounge at the TOKEN2049 venue, providing attendees with a space to gain deeper insights into Gate's products, business layout, and global ecosystem development.In addition, Gate will host the Gate Gala award dinner on October 8 at the Raffles Hotel Singapore, with an expected attendance of nearly 300 global industry founders, institutional representatives, investors, content creators, and ecosystem partners.Currently, Gate's global user base has surpassed 61 million, with the platform supporting 5,300+ cryptocurrencies and 12,800+ stocks and ETFs, covering spot trading, futures, stocks, wealth management, payments, AI, and more. As its business footprint continues to expand, Gate is building a global platform that encompasses diverse assets and financial services. This TOKEN2049 Singapore trip will showcase Gate's latest progress and future roadmap, ushering in the next phase with a more complete business portfolio and broader global connectivity.
According to an official tweet from Gate founder and CEO Dr. Han, Gate is continuously expanding its offerings across digital assets, stocks, wealth management, payments, and other products, while building a new integrated platform. The related new product may be further announced during the upcoming TOKEN2049. Stay tuned.
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.
According to The Block, the Cardano Foundation confirmed that the Cardano Summit 2026 will not be held this year, as the on-chain treasury funding proposal failed to reach the required supermajority threshold of 66.67%. The revised proposal sought a grant of 7.8 million ADA—approximately $2 million—but ultimately secured only 65.21% support from DReps’ staked voting power and was therefore rejected. The summit had been scheduled to take place in Singapore on October 5–6. Separately, EMURGO’s sponsorship proposal for TOKEN2049 has been approved.
According to CoinDesk, amid the Iran conflict, Binance has offered its approximately 1,000 employees in the UAE the option of temporary relocation to Hong Kong, Tokyo, Kuala Lumpur, or Bangkok. Binance stated that its UAE operations continue normally, with some employees choosing to remain locally, and global user services remain unaffected. This measure follows regional unrest that has disrupted major cryptocurrency, business, and sports events in the UAE—including the postponement of TOKEN2049 Dubai to 2027 and the cancellation of TON Gateway due to security and travel concerns. The UAE government reported having intercepted hundreds of missiles and drones since late February. Binance is deepening its collaboration with local authorities through Abu Dhabi’s global regulatory framework, and its global operations are backed by Abu Dhabi.