News linked to this event type.
According to CoinDesk, Raheim Hamilton, co-founder of the dark web marketplace Empire Market, was sentenced to 40 years in federal prison and fined $5 million for operating the platform. According to information disclosed by the U.S. Attorney’s Office for the Northern District of Illinois, Hamilton agreed to forfeit 1,230 BTC (approximately $101 million), 24.4 ETH (approximately $60,000), and three properties.
Coinbase CEO Brian Armstrong stated that more small-scale governance experiments or innovation regulatory sandboxes are needed at the U.S. federal level. Debating every reform on a national scale would lead to excessively high trial-and-error and learning costs, resulting in slow progress.
According to OpenAI, cybersecurity vendor Sophos has integrated with its Daybreak project model. Through the deployment of AI agents, Sophos reduced the average response time for security incidents from approximately 38 minutes to 89 seconds, cut investigation time by 96%, and achieved end-to-end automation for 52% of Managed Detection and Response (MDR) cases.
According to Binance's official announcement, Binance will add the Biconomy (BICO) and Civic (CVC) tokens to the watchlist on October 9, 2026. Tokens under the watchlist exhibit significantly higher volatility and risk compared to other listed tokens, are subject to regular reviews, and face delisting risk if they fail to meet listing standards.
Odaily News: On-chain insurance protocol Firelight has stated that some deposit addresses failed fund screening, and the related funds have been unstaked and returned to the original addresses, involving 87 addresses and a total of 117,500 FXRP. Firelight said that its current mechanism screens blacklisted addresses or OFAC-sanctioned addresses at the time of fund deployment and throughout the entire cycle. If an address is flagged at deployment or during the cycle, the funds will remain in the protocol until the end of the cycle without generating rewards, but can still participate in the insurance module for the remainder of that cycle. After the cycle ends, the funds will be returned, and the relevant wallets will be prohibited from re-accessing. Firelight stated that this approach is unsustainable and that it will roll back the blacklist process and unblock affected wallets in the coming days, with the timing and steps for recovering funds to be announced separately. Security, KYC, and institutional standards remain unchanged, and Firelight will develop a new plan that does not affect users in the coming weeks, and will seek community feedback before making changes. Flare co-founder Hugo Philion stated that due to compliance policies, 84 Flare addresses were unstaked by Firelight, and he personally will provide equal compensation to the addresses among them that are not sanctioned and not widely blacklisted.
According to TechFlow Research, a Bernstein report dated October 7, 2026 noted that following Bloomberg's report on Seagate and Toshiba vying for TDK's head business, Seagate fell 9% and Western Digital dropped 7%. Bernstein estimates that TDK holds a 15% to 20% market share in the global hard disk drive head market. If Toshiba absorbs 70% to 90% of TDK's production capacity alone, the remaining output would only cover 1% to 7% of the combined head demand from Seagate and Western Digital. Bernstein maintains an Outperform rating on both Seagate and Western Digital, with target prices of $1,350 and $770, respectively. Bernstein believes that three market concerns regarding the TDK transaction are overstated, citing regulatory, financing, and supply obstacles that could impede the deal's execution. The vast majority of hard drive heads used by Seagate and Western Digital are manufactured in-house, limiting their reliance on TDK. Bernstein recommends buying on weakness, with Seagate as the preferred choice.
According to official social media announcements, HTX will host a live stream today at 20:00 titled "Market Bets on Another Rate Hike in December: Can BTC Withstand This Wave of Shocks?". During the event, crypto KOLs including Maomaojie, AlanSun, Aiden, and Crypto.0824 will conduct an in-depth discussion on expectations surrounding Fed monetary policy, macro liquidity shifts, and recent BTC market trends. The session will focus on analyzing the potential impact of intensifying December rate hike expectations on the crypto market, along with BTC’s key support levels, long-short dynamics, and the likely trajectory of future price action under macroeconomic headwinds, providing investors with a multi-dimensional reference to gauge market trends.
Odaily News: At TOKEN 2049 Singapore, Nasdaq CEO Adena Friedman stated that tokenizing Treasuries, equities, money market funds, and cash could enhance collateral liquidity and unlock billions of dollars in trapped capital across the global financial system. Institutional interest in tokenization has grown significantly over the past year, partly driven by the U.S. GENIUS Act establishing a regulatory framework for stablecoins. She noted that institutional interest is converging with retail demand for round-the-clock trading, with the retail ecosystem roughly 10 years ahead, but moving toward a fully 24/7 market is a massive undertaking for the financial industry, requiring risk and collateral management to operate continuously in real time. She also pointed out that AI is crucial for 24/7 trading, and Nasdaq has already launched digital agents on its risk management platform, initially providing recommendations, with banks potentially using them in the future to take more direct actions. Kraken co-CEO Arjun Sethi said that companies outside the U.S. are also highly interested in tokenization and accessing U.S. capital markets, including a company with approximately $25 million in revenue and larger international firms. Friedman cautioned that not all assets have sufficient liquidity to support a 24/7 trading environment.
Odaily News: An armed robbery occurred at a luxury residence near Pattaya, Thailand, where three armed individuals broke into a gated community and took control of a Chinese national holding Turkish citizenship, forcing him to open a safe and hand over cash and 3 luxury watches.The attackers also forced the victim at gunpoint to transfer $820,000 worth of cryptocurrency to one of their wallets, which was immediately sold afterward. After escaping, the victim reported the incident to the police, who have not yet confirmed the nationalities of the three suspects.Police Region 2 has launched an investigation and identified the getaway vehicle through surveillance footage; the vehicle was later abandoned in a remote area. Police are tracking the sold digital assets to identify the relevant accounts and recover the funds. Chainalysis estimates that over $30 million in cryptocurrency has been stolen in such violent robberies in the first half of 2026. (Bitcoin.com News)
Odaily report: The Securities and Exchange Commission (SEC) of Thailand has completed the drafting of relevant rules to allow cryptocurrency exchange-traded funds (ETFs) to be listed and traded on the Stock Exchange of Thailand, initially limited to Bitcoin and Ethereum. The rules will take effect on October 16, 2026.Initially, products such as depositary receipts linked to overseas cryptocurrency ETFs will not be permitted, and Thai brokerages will still not be allowed to assist retail investors in investing in overseas cryptocurrency ETFs. Institutional investors and ultra-high-net-worth individuals are not subject to this restriction. Mutual funds and private funds may invest in cryptocurrency ETFs established in Thailand.The relevant ETFs must adopt a passive investment approach, tracking the prices of the underlying crypto assets, and must maintain an average net exposure to any single cryptocurrency of at least 80% of net asset value during each fiscal year. Brokerages may not provide margin financing, and fund assets must be custodied by digital asset custodians regulated by the SEC. (Cointelegraph)
Odaily reports: Robinhood Crypto posted on X that it is exploring the launch of stock tokens tied to actively managed ETFs on Robinhood Chain. The project is reportedly being developed in collaboration with T. Rowe Price Digital Assets, a global asset management giant with $1.9 trillion in assets under management. However, Robinhood Crypto emphasized that the collaboration is aimed at exploring the introduction of tokenized actively managed exchange-traded funds onto Robinhood Chain and remains at an exploratory stage. The launch of any potential product would require completion of legal due diligence, approval from the issuer's board of directors, publication of final terms, and regulatory approval in the relevant jurisdictions. There is currently no guarantee that the collaboration will proceed or that the related products will ultimately be launched, and their specific form, timing, and applicable regions have not yet been determined.
As reported by Journal du Coin, France’s 2027 budget bill was submitted to the National Assembly on October 1, with the Finance Committee beginning to vote on ten cryptocurrency-related amendments on October 7. As of October 8, three have been passed: stablecoin conversions are treated as taxable events (starting January 1, 2027), cryptocurrencies valued over €800,000 are subject to an exit tax, and cryptocurrency losses can be deferred and deducted over a ten-year period; a proposal to expand the wealth tax to cover crypto assets was rejected; and a tax-cut amendment submitted by Paul Midy was directly declared invalid for violating Constitutional Article 40, which prohibits reductions in public revenue. Additionally, the EU DAC8 directive mandates that platforms collect user identity and transaction data starting January 1, 2026, with initial reports to tax authorities due by June 15, 2027, taking effect automatically without a parliamentary vote. Another proposal would require reporting of self-custody wallets valued above €100,000, carrying maximum fines of €10,000 for violations. The aforementioned amendments are not yet legally binding. The plenary session will deliberate on them from October 13 to 19, with the final vote set for November 17.
Coinbase Markets announced that, following a recent review, Coinbase will pause trading for Balancer (BAL) and Tensor (TNSR) at 3:00 AM Beijing Time on November 10. The BAL and TNSR order books have switched to price-only mode, and users can continue to withdraw their assets normally.
Odaily News: Raheim Hamilton, co-founder of darknet marketplace Empire Market, was sentenced to 40 years in federal prison on October 5 in Chicago and fined $5 million. His plea agreement covers approximately 1,230 Bitcoin, 24.4 Ether, and 3 properties in Virginia.Empire Market operated from 2018 to 2020, facilitating over 4 million transactions between buyers and sellers, with transaction values exceeding $430 million. Investigators seized $75 million worth of digital assets, cash, and precious metals in the case.The U.S. Department of Justice (DOJ) stated that the platform required buyers and sellers to use only cryptocurrency for transactions and encouraged the use of mixing services and encrypted communications. Buyers could also rate sellers on how well they concealed drug packages, with drug sales involved in the case approaching $375 million. (Bitcoin.com News)
Odaily News: Researcher Robin Linus has released the Bitcoin Poker protocol, expanding the unfinished poker interface that Satoshi Nakamoto left in Bitcoin's early code in 2008 into a runnable solution. The protocol supports two players in Texas Hold'em without a dealer, using Bitcoin's existing rules to handle gameplay and fund settlement.Bitcoin Poker generates card faces through secret information jointly provided by both parties, generating only the 9 cards needed per hand, and uses cryptographic commitments and zero-knowledge proofs to maintain fair dealing. The protocol can check for duplicate cards, and the probability of a randomly generated hand passing the check is approximately 48%, requiring an average of 2.08 attempts.The protocol pre-builds a transaction tree for possible game outcomes, with a reference configuration containing 56,132 logical nodes and approximately 8.4 MB of preparation data. Normal gameplay occurs off-chain, with transactions used only to handle disputes when cooperation breaks down.If one party refuses to continue, a timeout mechanism can settle the committed pot after a specified delay and return the departing party's unused balance, but cannot force players to reveal their cards. The design requires no modifications to Bitcoin's consensus rules, supports only two participants, and still requires independent security review. (Bitcoin.com News)
St. Louis Fed President Musalem stated that the Federal Reserve must continue to tighten monetary policy to bring inflation back to its 2% target. He indicated that the next six to nine months could be an appropriate window for interest rate hikes, but did not provide a clear view on the specific decision at the October meeting.
Odaily News: Senator Richard Blumenthal, a senior Democrat on the U.S. Senate investigation panel, is continuing to investigate the financial relationship of stablecoin issuer Tether, and has sent a letter to Brandon Lutnick, CEO of financial services firm Cantor Fitzgerald, requesting information about the relationship between the two companies.Brandon Lutnick is the son of U.S. Commerce Secretary Howard Lutnick. After Howard Lutnick joined the administration of U.S. President Donald Trump, Brandon Lutnick took over his leadership role at Cantor Fitzgerald.Cantor Fitzgerald holds and manages Tether's reserve assets in the United States, and the two parties have multiple other business interests. (CoinDesk)
US Senator Richard Blumenthal wrote to the CEO of Cantor Fitzgerald, launching an investigative inquiry into the two companies’ ties regarding Tether reserve management and compliance.
Anthropic updates its AI usage policy, explicitly banning prolonged and unnecessary abuse of its Claude model. The new policy targets only extreme malicious behavior, with terminating conversations remaining the primary enforcement method.
St. Louis Fed President Musalem stated that to bring inflation back to its 2% target, Federal Reserve monetary policy requires further tightening, and interest rates may need to be raised over the next six to nine months.