News Heat Trend
Project Overview
BASED is an onchain experimental community project created purely for entertainment purposes, where the $BASED token on base will be obtained by users who hold and redeem a Base, Introduced NFT for an allocation of $BASED token.
IMF Approves $138 Million Disbursement to El Salvador, Requires Reduced State Involvement in Bitcoin Activities
Odaily reports: The International Monetary Fund (IMF) has completed the second and third reviews of El Salvador's 40-month Extended Fund Facility, approving an immediate disbursement of approximately $138 million under the $1.4 billion financing program. Despite some performance criteria not being met, the IMF granted waivers based on corrective measures and recommitments.The IMF stated that El Salvador will continue to reduce state involvement in Bitcoin-related activities, strengthen crypto asset regulation, governance, and transparency of public sector crypto asset holdings, and will not accumulate additional Bitcoin beyond already recorded donations. The majority stake and operational control of the government's Chivo Bitcoin wallet have been transferred to a private operator. (Cointelegraph)
Ansem: PUMP can be valued based on L1 logic, bullish on pump.fun becoming a super app in this cycle.
Ansem believes pump.fun is gradually becoming L1-like underlying infrastructure, allowing other token launch platforms to build on top of it, and PUMP may eventually command a valuation logic similar to that of an L1.
Eric Balchunas: Anthropic's valuation has grown 22x since June 2024
Odaily News: Bloomberg ETF analyst Eric Balchunas stated that based on market valuations disclosed by mutual funds holding Anthropic, Anthropic's valuation has grown 22x since June 2024, roughly 10 times the increase of the Nasdaq 100 Index and Nvidia. Fidelity has the largest exposure to Anthropic, followed by CapGrp and BLK; due to the relatively low weighting of these holdings, mutual funds have only benefited marginally from Anthropic's valuation growth.
Michael Saylor: Digital Credit Issuers Can Jointly Expand Bitcoin Economic Opportunities
Michael Saylor posted on X platform stating that Strategy and Strive conduct business based on the shared capital foundation of Bitcoin. Although the two parties differ in securities products, decisions, and target audiences, they can compete while jointly expanding long-term opportunities. He believes that more well-managed Bitcoin-backed digital credit issuers can help enhance investor awareness, liquidity, and institutional research coverage for this category, and may improve the financing environment for eligible issuers. Saylor also mentioned that Strive disclosed the purchase of $50 million worth of STRC on March 11, 2026.
The Smarter Web Company Wins Shareholder Approval to Launch the UK's First BTC-Backed Preferred Stock MORE
Odaily News: UK-based Bitcoin treasury company The Smarter Web Company has received shareholder approval to launch MORE, the UK's first Bitcoin-backed preferred stock. In addition, the company expects to raise $20 million to $33 million through an IPO to purchase more Bitcoin and fund cash-flow-generating operating businesses. (Bitcoin Treasuries)
Stablecoin payment company RedotPay completes financial audit, continues to advance US IPO plan
According to CoinDesk, Hong Kong-based stablecoin payment company RedotPay announced on Monday that it has completed its financial audit and anti-money laundering and counter-terrorist financing compliance review, both conducted by Big Four accounting firms, as a necessary preparatory step for applying to launch an initial public offering (IPO) in the United States.
Early Safe investor Greenfield Capital files complaint with Swiss regulator over foundation governance
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.
IMF Approves $138 Million Disbursement to El Salvador, Requires Reduced State Involvement in Bitcoin Activities
Odaily reports: The International Monetary Fund (IMF) has completed the second and third reviews of El Salvador's 40-month Extended Fund Facility, approving an immediate disbursement of approximately $138 million under the $1.4 billion financing program. Despite some performance criteria not being met, the IMF granted waivers based on corrective measures and recommitments.The IMF stated that El Salvador will continue to reduce state involvement in Bitcoin-related activities, strengthen crypto asset regulation, governance, and transparency of public sector crypto asset holdings, and will not accumulate additional Bitcoin beyond already recorded donations. The majority stake and operational control of the government's Chivo Bitcoin wallet have been transferred to a private operator. (Cointelegraph)
CFTC Chair: Will Continue to Issue Crypto Regulatory Rules Under Existing Authority
Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission, said that regulatory agencies already possess substantial existing statutory authority. While participating in the work of the President's Working Group on Digital Asset Markets, he has studied statutory authorizations and legislative-level authorities, and will continue to issue regulatory rules in the crypto sector based on existing regulatory authority to prepare for the development of new areas in finance.
NEAR co-founders share ecosystem application development directions and distribution strategies, covering AI, cross-chain payments, private transactions, and other focus areas.
NEAR co-founder Illia Polosukhin posted that the recent increase in developer activity and further reduction in development barriers within the ecosystem center on what applications to build and how to establish distribution channels. In response, he proposed a series of potential building directions, including AI virtual pets combining NEAR AI’s on-chain verifiable inference with non-fungible tokens (NFTs); a universal checkout component supporting cross-chain intent payments; a decentralized encyclopedia integrating prediction markets with AI-generated content; a privacy-oriented OTC market based on NEAR Intents, alongside liquidation-resistant lending and perpetual contract management; a cross-chain event registration escrow tool backed by staking deposits; a privacy-preserving code review agent; a corporate cap table management tool; Delta-neutral strategy management; private copy trading utilizing view keys; an end-to-end encrypted medical auxiliary diagnostic system; a privacy-focused voice transcription desktop application; and AI benchmarking based on private test sets, among others.
Token Project Delays Token Delivery: Agreement Review and Dispute Procedures Required
Odaily News: When a token project fails to deliver tokens as agreed, investors need to review the signed agreements, attachments, amendments, and cover letters to confirm the legal entity bearing the obligation, the number of tokens or calculation method, delivery trigger events, vesting arrangements, and transfer restrictions.The projected launch date published by the project does not equate to a binding delivery deadline. When tokens have already been distributed to other participants, it is necessary to assess whether the delivery obligation has been triggered based on the agreement's definition of the token generation event, whether the investor has completed the prerequisites, and the project team's actual conduct.When a project requests an extension of the lock-up period, a reduction in allocation, a token swap, or a change in the responsible entity, investors should verify whether the contract authorization and amendment documents contain waiver of rights clauses. Investors may retain payment records, transaction hashes, wallet addresses, communication records, and project announcements, and review the notification, remediation, negotiation, arbitration, or litigation procedures. (Bitcoin.com News)
SBI Digital Trust Partners with NICE and DSRV to Validate Japan-Korea Stablecoin Cross-Border Payments
Odaily News: On October 1, SBI Digital Trust signed a basic agreement with South Korean payment service provider NICE Information & Telecommunication and South Korean blockchain infrastructure company DSRV to jointly validate a commercialization plan for using stablecoins to enable transfers and payments between Japan and South Korea. The validation uses the scenario of Japanese tourists traveling to South Korea and making QR code payments at merchants affiliated with NICE Information & Telecommunication, focusing on validating fund flow methods, transfer and payment instruction mechanisms, and the connectivity between each party's systems. It is expected to be completed by the end of December 2026.SBI Digital Trust will advance the payment solution design by combining Japan's regulatory and financial sector experience, NICE Information & Telecommunication will be responsible for providing the merchant network and payment operations experience, and DSRV will be responsible for blockchain technology-related research. The three parties will evaluate the direction of subsequent commercialization based on the validation results and, in light of changes in each country's regulatory framework, continue to explore stablecoin-related application scenarios. (coinpost)
BAYC Co-founder Responds to Controversy Over "BAYC Ruined NFTs": The Real Issue Is the Proliferation of Copycat Projects
NFT whale Pranksy posted on X claiming that "BAYC has ruined NFT." The underlying technology was overshadowed by image-based projects like BAYC, causing the public to ultimately equate NFTs with "the ape project," followed by years of numerous copycat projects emerging in the market. Addressing this, BAYC co-founder Greg Solano responded that Pranksy had sold a BAYC asset that could have been worth $500 million for merely millions of dollars while continuing to promote numerous "copycat projects." She had founded several NFT-related companies, but these have now been removed from her profile. Solano also angrily retorted, "Either become the change you wish to see, or enjoy the wealth brought by BAYC."
Ansem: Strong altcoins will continue to emerge during the bull market, and investors should consistently seek alpha.
Crypto trader Ansem stated that frequently trading based on short-term candlesticks can easily lead to overtrading. Investors should manage their spot, perpetual contract, and high-risk on-chain trading accounts separately, while continuously seeking out temporarily strong altcoins. He believes that revenues for certain altcoins in this cycle may rise in tandem with price increases, and improved fundamentals could drive sustained institutional buying.
Andrew Tate-linked wallet transfers $1.87 million in HYPE to Binance, cumulative profit reaches $7.24 million
Odaily News: According to on-chain tracking platform Lookonchain, a wallet tagged as an Andrew Tate-linked address transferred 20,950 HYPE, worth approximately $1.87 million, to Binance on October 2.The wallet purchased 122,826.9 HYPE at an average price of $4.48 on November 29, 2024, investing approximately $550,000; it sold 41,430 HYPE within two days, with most of the remainder used for staking.Lookonchain estimates that this address's HYPE holdings have generated a cumulative profit of $7.24 million, representing a return rate of 1317%. The address still holds 42,417 HYPE, valued at approximately $3.7 million at the time based on the then-current price. (Bitcoin.com News)
Analysts: Bitcoin Power Law Model Releases Signals, Reference Target Price Could Reach $157,800
Crypto analyst Darkfost stated in a post that over the past decade, the amplitude of Bitcoin price fluctuations around the "Power Law" trendline has been gradually decreasing, with market cycle volatility trending toward convergence. The oscillator index peak has declined from +169 in 2018 to +102 in 2025, while its daily change standard deviation has fallen from 4.81 to 2.47, representing a drop of approximately 49%. Darkfost added that as of October 3, the model’s oscillator index stood at +34.5, with Bitcoin trading at approximately $84,700. Based on that day's model parameters, an oscillator index reaching +100 would correspond to a Bitcoin price of roughly $157,800, which is about 86% higher than the current price. He also noted that $157,800 is not a fixed target price, but rather a reference level calculated based on current regression parameters. If the Power Law trendline continues to rise in the future, this reference level will increase accordingly.
Eric Balchunas: Anthropic's valuation has grown 22x since June 2024
Odaily News: Bloomberg ETF analyst Eric Balchunas stated that based on market valuations disclosed by mutual funds holding Anthropic, Anthropic's valuation has grown 22x since June 2024, roughly 10 times the increase of the Nasdaq 100 Index and Nvidia. Fidelity has the largest exposure to Anthropic, followed by CapGrp and BLK; due to the relatively low weighting of these holdings, mutual funds have only benefited marginally from Anthropic's valuation growth.
CZ forwards bullish BNB Chain tweet, Bonk Guy says it may hint that "BNB szn" is coming
Odaily Report: CZ posted a meme on the X platform this morning with the caption "Soon....", and also forwarded a bullish tweet about BNB Chain, which stated that tokenized U.S. stock assets have already been put on-chain, and that BNB Chain is one of the major participants, with advantages including low Gas fees, roughly 0.45-second block times, over 2 million daily active users, and approximately 17 million daily transactions, based on which it argued that BNB Chain will become a market focus in 2026.In response, well-known trader Bonk Guy said CZ is very likely hinting at a potentially explosive "BNB szn" rally, and also said that users should not claim later, when the market starts heating up, that they had not been given a heads-up, adding that "the hint has already been given, you just did not notice it."
Iranian President: No Longer Trusts Negotiations with the US
Odaily News: Iranian President Pezeshkian stated that Iran "no longer trusts negotiations with Washington," because after every round of talks, the US repeatedly launched attacks and imposed sanctions. Qatar and Pakistan are currently mediating between Iran and the US, relaying Tehran's messages to Washington.Pezeshkian also said that the negotiations were based on a previously signed memorandum of understanding between the two countries, and added that the Americans must clarify their position on this memorandum. In addition, he blamed the US for the closure of the Strait of Hormuz, saying that "it was the US that blocked our path." When Iran's path is blocked, closing the Strait of Hormuz is a natural response. The Strait of Hormuz crisis can be resolved through negotiations rather than the use of force." If negotiations lead to a resolution of the dispute, the waterway "will remain open for trade." (Sina Finance)
North Korea-linked hackers TraderTraitor expand attack targets beyond the crypto industry, using malicious Terraform projects to launch phishing attacks
the North Korea-linked threat group TraderTraitor, also known as UNC4899 and Jade Sleet, recently breached an IT services company based in India that is unrelated to the crypto industry. The attackers posted fake job listings on GitHub, using technical interview assignments as bait to carry out phishing attacks targeting DevOps and crypto engineers.After victims download the project, a malicious .terraform.lock.hcl file points to a Terraform Provider domain controlled by the attackers. Upon running terraform init, the malicious Provider module is downloaded and executed, ultimately deploying the Rust/ARM64 backdoors FLATROOF and ROOFDECK on macOS devices. The associated malware can steal credentials and sensitive data, execute shell commands, collect and exfiltrate files, and gain access to cloud services and code repositories.
Crypto technology service provider Haruko hit by targeted cyberattack, impacting 15 institutional clients
According to CoinDesk, London-based crypto institutional technology services provider Haruko was targeted by a cyberattack earlier this week, affecting a total of 15 clients. Attackers exploited vulnerabilities in Haruko’s infrastructure to extract user access tokens, gaining access to clients’ read-only exchange API information and trading data. A small amount of client funds were stolen, and smaller hedge funds with weaker security controls face a higher risk of loss. Haruko co-founder and CTO Adam Carlile confirmed that the attack specifically targeted Haruko itself. The vulnerability has been patched, and the company plans to release a complete technical post-incident report. Haruko serves over 80 institutional clients globally and connects to more than 100 centralized exchanges and 30 blockchains.
Relying on AI to find vulnerabilities first is not a sustainable security strategy, warns Bitcoin Core developer Niklas Gögge
Odaily reports: Bitcoin News posted on X platform that Bitcoin Core developer Niklas Gögge warned that recent AI-driven vulnerability scanning is changing the Bitcoin security landscape. Large language models have significantly reduced the cost of vulnerability discovery, and attackers may be able to find catastrophic vulnerabilities with only a few hundred dollars in computing costs. For Bitcoin Core, Project Loupe, Bitcoin Red Team, and individual contributors have generated over 1,000 reports, but so far no high-risk or critical vulnerabilities have been found. Gögge stated that relying on stronger models to find vulnerabilities before attackers do is not a sustainable security strategy. Developers should build testing infrastructure through automated testing, fuzzing, and property-based testing that can prevent entire classes of vulnerabilities in advance. Key components of Bitcoin Core have cumulatively completed over 100 years of CPU fuzzing and decades of Bitcoin node network simulation.
Data: Cases of hackers using open-source AI to implant malicious on-chain instructions increased by 440% in a year
Odaily reports: Blockchain analytics firm Chainalysis has released a report stating that hackers are increasingly leveraging open-source artificial intelligence (AI) to implant malware control instructions into on-chain transactions and smart contracts, with such cases surging approximately 440% in less than a year. Data shows that these incidents have risen from roughly 2 per day to approximately 11 per day. Attackers write malicious instructions on-chain to manipulate infected devices into stealing passwords and funds, and redirect assets to designated wallets; since on-chain records cannot be deleted, defense and interception are becoming increasingly difficult.The report notes that state-sponsored hackers from countries such as North Korea and Iran have become the primary drivers of such activity. Open-source models support local independent operation and modification, allowing them to directly bypass cloud-based defenses. However, the public and transparent nature of blockchain also leaves critical evidence for tracing attack infrastructure. (Bloomberg)
Bitcoin Core 32.0 entered the final testing phase on September 14, with the official release date set for October 10.
According to CoinDesk, Bitcoin Core 32.0 entered its final testing phase on September 14, with its official release scheduled for October 10. This update adds a transaction fee estimator based on real-time mempool status, enabling fee estimates to be lowered more quickly once network congestion subsides. It also enables multi-threaded parallel reading of transaction data to speed up node blockchain synchronization, defaulting to 8 threads. Security-wise, it resolves a wallet naming vulnerability on non-Windows systems since version 24.0 that allowed attackers to execute arbitrary commands on the node host via a specially crafted wallet name. Additionally, it patches an out-of-memory vulnerability in the newly added built-in web server; testing indicates that 16 unauthenticated connections can spike node memory usage from 46MB to roughly 3GB in approximately one minute. This update does not include any changes to Bitcoin's consensus rules.
Early Safe investor Greenfield Capital files complaint with Swiss regulator over foundation governance
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.
Bitget PoolX: Lock ETH to Unlock a $200,000 Airdrop
Bitget PoolX is about to launch a new round of its ETH locking event. Users can lock ETH to participate in sharing a $200,000 airdrop, with a personal locking cap of 1,500 ETH. The locking period is from October 5, 15:00 to October 9, 15:00 (UTC+8).This round of PoolX supports a long-term holding bonus mechanism. The system will provide a 1x additional bonus on the locked amount based on the user's minimum holding of the corresponding locked asset over the past 15 days. For more details, please refer to Bitget's official platform.
Probability on Polymarket that GPT Astra 6.1+ will be released before October 31 rises to 46%, up 21% in 24 hours
PPP prediction market tool monitoring shows that in the Polymarket "GPT Astra 6.1+ release date" prediction market, the probability that GPT Astra 6.1+ will be released before October 31 has risen to 46%, up 21% in 24 hours.According to the resolution rules, if OpenAI makes available to the public a GPT model with a version number of 6.1 or higher and with "Astra" included in its name or model identifier before the specified date, the corresponding market will resolve to "Yes." The model must actually be made available for public use; closed beta testing or placeholder names appearing only on the official website will not count, and resolution will primarily be based on official information from OpenAI.Join the PPP signal push community to stay one step ahead and seize the initiative.
NEAR co-founders share ecosystem application development directions and distribution strategies, covering AI, cross-chain payments, private transactions, and other focus areas.
NEAR co-founder Illia Polosukhin posted that the recent increase in developer activity and further reduction in development barriers within the ecosystem center on what applications to build and how to establish distribution channels. In response, he proposed a series of potential building directions, including AI virtual pets combining NEAR AI’s on-chain verifiable inference with non-fungible tokens (NFTs); a universal checkout component supporting cross-chain intent payments; a decentralized encyclopedia integrating prediction markets with AI-generated content; a privacy-oriented OTC market based on NEAR Intents, alongside liquidation-resistant lending and perpetual contract management; a cross-chain event registration escrow tool backed by staking deposits; a privacy-preserving code review agent; a corporate cap table management tool; Delta-neutral strategy management; private copy trading utilizing view keys; an end-to-end encrypted medical auxiliary diagnostic system; a privacy-focused voice transcription desktop application; and AI benchmarking based on private test sets, among others.
Token Project Delays Token Delivery: Agreement Review and Dispute Procedures Required
Odaily News: When a token project fails to deliver tokens as agreed, investors need to review the signed agreements, attachments, amendments, and cover letters to confirm the legal entity bearing the obligation, the number of tokens or calculation method, delivery trigger events, vesting arrangements, and transfer restrictions.The projected launch date published by the project does not equate to a binding delivery deadline. When tokens have already been distributed to other participants, it is necessary to assess whether the delivery obligation has been triggered based on the agreement's definition of the token generation event, whether the investor has completed the prerequisites, and the project team's actual conduct.When a project requests an extension of the lock-up period, a reduction in allocation, a token swap, or a change in the responsible entity, investors should verify whether the contract authorization and amendment documents contain waiver of rights clauses. Investors may retain payment records, transaction hashes, wallet addresses, communication records, and project announcements, and review the notification, remediation, negotiation, arbitration, or litigation procedures. (Bitcoin.com News)
Volmex Launches Bitcoin Implied Volatility Index Perpetual Contract on Hyperliquid
Odaily reports: Bitcoin News posted on X that Volmex has launched the Bitcoin Implied Volatility Index (BVIV) perpetual contract on Hyperliquid. The contract is based on options data from Deribit and OKX, reflecting traders' expectations for Bitcoin's volatility range over the next 30 days, rather than the direction of spot prices; the recent BVIV reading is in the mid-to-high range of the 30s.The contract settles at 1 USDC per index point, uses an isolated margin model, supports up to 5x leverage, and features an hourly funding rate as well as an open interest cap during the initial launch period.
Related news
BAYC Co-founder Responds to Controversy Over "BAYC Ruined NFTs": The Real Issue Is the Proliferation of Copycat Projects
NFT whale Pranksy posted on X claiming that "BAYC has ruined NFT." The underlying technology was overshadowed by image-based projects like BAYC, causing the public to ultimately equate NFTs with "the ape project," followed by years of numerous copycat projects emerging in the market. Addressing this, BAYC co-founder Greg Solano responded that Pranksy had sold a BAYC asset that could have been worth $500 million for merely millions of dollars while continuing to promote numerous "copycat projects." She had founded several NFT-related companies, but these have now been removed from her profile. Solano also angrily retorted, "Either become the change you wish to see, or enjoy the wealth brought by BAYC."
Ansem: Strong altcoins will continue to emerge during the bull market, and investors should consistently seek alpha.
Crypto trader Ansem stated that frequently trading based on short-term candlesticks can easily lead to overtrading. Investors should manage their spot, perpetual contract, and high-risk on-chain trading accounts separately, while continuously seeking out temporarily strong altcoins. He believes that revenues for certain altcoins in this cycle may rise in tandem with price increases, and improved fundamentals could drive sustained institutional buying.
Early Safe investor Greenfield Capital files complaint with Swiss regulator over foundation governance
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.
Andrew Tate-linked wallet transfers $1.87 million in HYPE to Binance, cumulative profit reaches $7.24 million
Odaily News: According to on-chain tracking platform Lookonchain, a wallet tagged as an Andrew Tate-linked address transferred 20,950 HYPE, worth approximately $1.87 million, to Binance on October 2.The wallet purchased 122,826.9 HYPE at an average price of $4.48 on November 29, 2024, investing approximately $550,000; it sold 41,430 HYPE within two days, with most of the remainder used for staking.Lookonchain estimates that this address's HYPE holdings have generated a cumulative profit of $7.24 million, representing a return rate of 1317%. The address still holds 42,417 HYPE, valued at approximately $3.7 million at the time based on the then-current price. (Bitcoin.com News)
IMF Approves $138 Million Disbursement to El Salvador, Requires Reduced State Involvement in Bitcoin Activities
Odaily reports: The International Monetary Fund (IMF) has completed the second and third reviews of El Salvador's 40-month Extended Fund Facility, approving an immediate disbursement of approximately $138 million under the $1.4 billion financing program. Despite some performance criteria not being met, the IMF granted waivers based on corrective measures and recommitments.The IMF stated that El Salvador will continue to reduce state involvement in Bitcoin-related activities, strengthen crypto asset regulation, governance, and transparency of public sector crypto asset holdings, and will not accumulate additional Bitcoin beyond already recorded donations. The majority stake and operational control of the government's Chivo Bitcoin wallet have been transferred to a private operator. (Cointelegraph)
Bitget PoolX: Lock ETH to Unlock a $200,000 Airdrop
Bitget PoolX is about to launch a new round of its ETH locking event. Users can lock ETH to participate in sharing a $200,000 airdrop, with a personal locking cap of 1,500 ETH. The locking period is from October 5, 15:00 to October 9, 15:00 (UTC+8).This round of PoolX supports a long-term holding bonus mechanism. The system will provide a 1x additional bonus on the locked amount based on the user's minimum holding of the corresponding locked asset over the past 15 days. For more details, please refer to Bitget's official platform.