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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.
Odaily News: Real-time data for decentralized trading platform Hyperliquid's 24/7 perpetual contracts is now available on the Bloomberg Terminal, allowing professional investors to monitor its contracts related to cryptocurrencies, crude oil, gold, the S&P 500 index, chip manufacturers, and foreign exchange. This integration does not support direct execution of Hyperliquid trades through the Bloomberg Terminal.Under the AQAv2 framework, Hyperliquid has received its first $14.58 million USDC payment, covering a 30-day period. This mechanism allocates approximately 90% of the cost-adjusted reserve yield generated from USDC supply to Hyperliquid, which is directed into the Assistance Fund for purchasing HYPE.Following the related developments, the price of HYPE briefly exceeded $95, approaching its all-time high of $97.96. The number of wallets holding more than 10 HYPE has surpassed 50,000, reaching its highest level since August 15. (Bitcoin.com News)
Aptos officially announced the launch of a brand-new execution engine, MonoMove, describing it as the largest scalability upgrade in the history of the Aptos network, aimed at improving the execution efficiency and security of on-chain financial transactions. According to test data published by Aptos Labs, in tests that replayed real mainnet transactions from Decibel, MonoMove delivered a significant improvement in execution speed compared to the existing Move virtual machine. Specifically, collateral withdrawals were accelerated by up to 55x, vault requests by up to 40x, perpetual market requests by up to 38x, and order submissions by up to 22x. Furthermore, internal benchmark tests simulating complex financial workflows demonstrated an end-to-end throughput increase of up to 11x. MonoMove is currently being integrated into the Aptos execution engine, with full feature development expected to be completed by the end of 2026. Deployment on the mainnet is planned for 2027, pending approval via governance voting. All aforementioned performance metrics are derived from test environments and do not yet reflect actual mainnet operational results.
Aptos Labs has announced the launch of MonoMove, the largest proposed upgrade in the history of the Aptos blockchain execution engine. Aptos Labs stated that internal testing shows MonoMove can run smart contracts up to 55 times faster than the existing system; on its incubated fully on-chain trading platform Decibel, collateral withdrawal speeds increased by up to 55 times, and order placement speeds increased by up to 22 times.
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: Strive's SATA has initiated Bitcoin accumulation and has raised sufficient funds this week to purchase over 450 BTC so far. STRC is approaching its $100 par value. The related information is powered by Apyx_fi, which claims it can provide double-digit yields for all users.
Odaily News: Global Dollar (USDG), issued by stablecoin issuer Paxos, will launch in the DeFi ecosystem of Ethereum Layer 2 network Arbitrum, covering Morpho, GMX, Fluid, and Maple, with Kraken providing fiat on-ramp and off-ramp services.Arbitrum aims to capture a portion of the economic benefits generated by stablecoins on its network. The network currently holds about $3.8 billion in stablecoins, of which about 60% is USDC issued by stablecoin issuer Circle.Stablecoin alliances are growing. OpenUSD has gained support from Mastercard, Visa, Stripe, Coinbase, and Shopify, while Qivalis has secured backing from 37 European banks. (CoinDesk)
According to CoinDesk, Ethereum Layer 2 network Arbitrum announced its addition to the Paxos-led stablecoin alliance Global Dollar Network (GDN), with its issued US dollar stablecoin USDG officially launched on the Arbitrum network.
According to Bitcoin News on X, the U.S. Securities and Exchange Commission (SEC) has proposed updating digital asset custody rules to allow investment advisers to self-custody when no qualified custodian is willing to custody specific assets, provided they meet requirements such as written assessment, multi-party authorization for transfers, wallet segregation, and security reviews. The proposal also seeks to allow qualifying state-chartered trust companies to serve as qualified custodians for digital assets such as Bitcoin. The proposal does not yet specify approval of any particular digital asset for investment adviser custody; if ultimately passed, Bitcoin could benefit due to its relatively mature existing institutional custody infrastructure.
According to reports from Fortune magazine, Robinhood Chain and Circle’s Arc public chain have recently witnessed successive waves of Meme coin trading, though the sustainability of these speculative activities is being questioned. Data from CryptoQuant indicates that the single-day trading volume for Meme coin and stock token pairs on Robinhood Chain hit $443 million in early September before plunging by 96%. At the same time, the chain saw an average addition of about 26,000 new tokens per day in September, with nearly 45,000 issued in a single day on September 8. However, the vast majority of these tokens traded very little after listing, and their current value has dwindled close to zero. A similar phenomenon has also appeared on Arc, the public chain rolled out by Circle in mid-September, whose Meme coin issuance platform generated over $336 million in trading volume on its first day of open public trading. Julio Moreno, head of research at CryptoQuant, noted that Meme coin hype can draw capital and engagement to new public chains in the short term, but this model is hard to sustain, and most Meme coins will ultimately approach zero.
Ethereum restaking protocol ether.fi has announced the launch of a USD-denominated stablecoin, ether.fi USD (USD), powered by Ethena. ether.fi stated that over $300 million in stablecoin assets are currently circulating within its ecosystem, and the launch of USD will natively integrate this liquidity into its upcoming products.
According to Upbit's official announcement, Upbit will add new KRW and USDT trading pairs for Numeraire (NMR), with trading expected to officially open at 19:45 Beijing Time tonight, supporting Ethereum network deposits and withdrawals.
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.
Binance announced that it will adjust the cross margin borrowing and withdrawal collateral ratios, unified account collateral ratios, and unified account pro tiered collateral ratios for select assets at 14:00 Beijing Time on October 9. The adjustment process is expected to take approximately 30 minutes.
According to Tech Funding News, US AI fintech company Valon has closed a $150 million Series D funding round, reaching a post-money valuation of $2.3 billion, doubling its valuation from the previous round. The round was backed by existing investors including Andreessen Horowitz (a16z), with Ribbit Capital participating as a new investor.
a new address funded via Tornado Cash extracted 200 WETH on October 6 from a dormant MakerDAO ETH-A liquidation bot proxy, causing losses of approximately $538,000. The upgradeable proxy had won 4 ETH-A liquidation auctions in 2020, namely auctions #1457 through #1460, earning 50 WETH each, but never called deal(), leaving the collateral stuck in the Flipper. The implementation contract's exit function was not protected by ds-auth, allowing any caller to trigger it: first calling deal() on the aforementioned old auctions, then transferring the collateral to the keeper via Vat.flux, and subsequently calling GemJoin.exit to send the 200 WETH to a caller-specified address and unwrap it into ETH. The MakerDAO core contracts operated as designed; the vulnerability lies in the third-party bot's exit function lacking access controls.
Odaily News: According to an official announcement, South Korean crypto exchange Bithumb has announced that it will add support for Bedrock (BR) and Dolphin (POD) Korean won trading markets.Specifically, Bedrock (BR) will open for trading on October 6 at 19:00, with the supported network being BNB Smart Chain. Deposits and withdrawals are expected to open within 2 hours after the announcement is published. The reference price is 590 Korean won, and the required number of deposit confirmations is 15.Dolphin (POD) will open for trading on October 6 at 20:00, with the supported network being Base. Deposits and withdrawals are expected to open within 2 hours after the announcement is published. The reference price is 1086 Korean won, and the required number of deposit confirmations is 200.Bithumb reminds users that deposits are only supported via the specified networks, and transfers from other networks will not be supported.
Arc, the L1 network under Circle, has open-sourced a USDC lending example application built on Borrow Kit. The example covers market discovery, loan sizing, depositing cirBTC as collateral, borrowing USDC, health monitoring, repayment, and liquidation. According to the official announcement, developers do not need to write custom smart contracts or maintain direct integrations with lending protocols.
Binance has announced that it will launch USDT-margined perpetual contracts for four traditional financial asset underlyings today, corresponding to StablecoinX (Nasdaq: USDE), Viking Therapeutics (Nasdaq: VKTX), McDonald's (NYSE: MCD), and Akamai Technologies (Nasdaq: AKAM). USDEXUSDT, VKTXUSDT, MCDUSDT, and AKAMUSDT will open for trading at 17:00, 17:05, 17:10, and 17:15 Beijing Time, respectively. All contracts will support up to 20x leverage and 24/7 trading, with funding rates settling every 8 hours.
Odaily reports: Eduardo Antuña, a core contributor to Ethereum Economic Zone (EEZ), posted on X that the Ethereum mainnet has successfully executed its first atomic cross-chain transaction from L1 to L2, marking the official deployment of atomic synchronous composability on the mainnet, no longer remaining at the theoretical stage. Eduardo Antuña noted that this is only the starting point for EEZ's efforts to promote synchronous cross-layer interaction and liquidity unification on Ethereum.