News linked to both this project and an event.
Odaily News: Bitcoin News posted on X platform that Bloomberg reported the Nayib Bukele government is backing the launch of a new app called Sivar, which uses a U.S. dollar stablecoin for payments and remittances. El Salvador's Bitcoin Office responded that the Salvadoran government has no plans to launch or operate any Bitcoin, cryptocurrency, or stablecoin wallet.Coinbase announced that Sivar was launched by Modveon and uses Coinbase infrastructure to process remittances between the United States and El Salvador. Transfers are settled in stablecoins on Base with a flat fee of $2, and can be withdrawn at over 1,000 locations in El Salvador; Coinbase said more than 25,000 Salvadorans had registered before launch. El Salvador's Bitcoin Office stated that after selling Chivo Wallet to a private operator, the government has officially ended all involvement, and called Bloomberg's related report "fake news."
Odaily reports: The privacy-focused public chain Zano team has stated that in response to the inflation vulnerability discovered last Friday, a hotfix has been deployed, and the network is now running stably on the updated chain. The chain previously rolled back the block height to 3,833,000, erasing 30 days of previously confirmed transaction records.The Zano team stated that third-party wallets, exchanges, and payment service providers must first update their own nodes to the updated chain before they can safely resume transfers of ZANO and Zano-issued assets. Service providers will announce recovery progress through official channels, and recovery procedures for affected users are being prepared.The native asset ZANO has dropped 32% in price this week and 40.6% since the start of 2026. Zano's official X account stated that users can update their iOS, Android, and desktop wallets, and the team will soon release more details on the recovery process. (Bitcoin.com News)
According to Odaily, SHHHHH has released a claiming guide stating that the SP1 wallet must match the wallet submitted to the X account, and the BC1P wallet requires filling in a UniSat wallet address. Minting adopts a queuing mechanism, and token arrival may take some time; based on current mempool fee rates, the claiming fee is estimated at approximately $2.5, and it is recommended to reserve additional Bitcoin to cover potentially rising transaction fees. Claiming will open soon.
Bitget has launched multiple wealth management and reward campaigns. During the campaign period, users can subscribe to USDT and USDGO flexible earn products via "Simple Earn" to enjoy an APR of 10% for USDT and 12% for USDGO. The participation window runs from 22:00 on September 29 to 21:59 on October 9 (UTC+8). Meanwhile, Bitget has introduced the USDGO HodlerYield position reward campaign. Users holding USDGO in their Unified, Spot, or Futures accounts will automatically enjoy time-limited boosted yields of up to 8% APR without needing to register. Additionally, Bitget PoolX has simultaneously launched BTC and ETH staking events: participants in the BTC staking campaign can share a total pool of 100,000 BGB, while participants in the ETH staking campaign can share 500,000 USDT. Please refer to the official Bitget campaign page for full details.
Odaily Report: Hyperliquid has now listed BVIV, a Bitcoin implied volatility index contract deployed by Markets.xyz, supporting up to 5x leverage.
Bitget PoolX has launched a BTC locking campaign. Users can lock BTC to participate in sharing 100,000 BGB airdrops, with a maximum per-user locking limit of 50 BTC. The locking period runs from September 29 at 22:00 to October 4 at 22:00 (UTC+8). This round of PoolX features a long-term holding bonus mechanism. The system will use the lock date as the reference point, taking the lowest daily BTC holding recorded over the 15 days prior to the lock date as the bonus base to provide additional bonuses on the locked amount. For more details, please refer to the Bitget official platform.
Bitcoin Treasuries posted on X that The Smarter Web Company has launched the inaugural offering of its Bitcoin-backed preferred shares MORE to institutional and retail investors, with an expected listing on the Main Market of the London Stock Exchange on October 14. The initial offering price is £90, approximately $119, with an annual dividend yield of 12%, paid weekly.
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)
Odaily News: Circle Foundation, the philanthropic arm of Circle Internet Group, has announced the launch of two grant programs in partnership with the United Nations Development Programme (UNDP) and the World Food Programme (WFP) to explore the use of regulated stablecoins and digital financial infrastructure for international development and humanitarian aid payments.Circle Foundation will fund UNDP in establishing a Digital Asset Innovation Pool to support its country offices in scaling regulated stablecoin payments from local pilots to full project delivery. The mechanism is designed to complement traditional banking systems.Another grant awarded to World Food Program USA will support WFP in building governance, risk, compliance, and fund reconciliation frameworks for digital asset distribution. WFP plans to test stablecoin payment channels in 2 to 3 countries over the next three years and conduct independent research to establish benchmarks for speed, efficiency, and cost. (Bitcoin.com News)
Odaily News: Ric Edelman, founder of U.S. investment advisory firm Edelman Financial Services, recommends that his clients allocate up to 40% of their portfolios to Bitcoin. Edelman stated that a 1% or 2% allocation is far from sufficient and that the allocation ratio should be increased; market performance supports this view. (Bitcoin Treasuries)
Soluna Holdings has announced an amended agreement with Dory Creek, a subsidiary of Bitdeer Technologies Group, to increase the Bitcoin mining capacity of its Project Kati 1 in South Texas, USA by 7MW, bringing the total power allocation for the project between the two parties to 35MW and filling the K1BC phase capacity. This expansion adopts a joint mining model, with Bitdeer providing and retaining ownership of Sealminer A2 Pro Air miners, while Soluna is responsible for data center infrastructure, power, and operational management, with mining revenue shared between the two parties. The additional 7MW is expected to be fully deployed by November 2026. (TheEnergyMag)
Odaily News: Tether has announced a partnership with Shiga to launch self-custodial financial products in Africa and the Gulf Cooperation Council (GCC) region based on its open-source Wallet Development Kit (WDK), enabling users and institutions to hold and transfer USD₮, Bitcoin, and Tether Gold (XAU₮).Among them, ENTA targets individuals, high-net-worth users, and enterprises, while Pulse targets institutions such as banks and fintech companies, used for building digital asset payment, treasury management, and settlement services. Shiga is currently in the final stage of approval for a digital asset intermediary license in Nigeria.
According to TheEnergyMag, Bitcoin mining company Hut 8 has announced that it has secured a $1.07 billion senior secured revolving credit facility with a four-year term, with funds to be used to support the company's liquidity needs and energy and digital infrastructure projects.
QCP issued a market briefing noting that amid escalating geopolitical tensions in the Middle East and a concentrated release of US macroeconomic data, global markets experienced widespread rotation into cash and deleveraging trends. The NASDAQ 100 index, gold, the US Dollar Index, and Bitcoin all declined in tandem, with Bitcoin pulling back from $84,500 to $82,800.
According to the official announcement, Upbit will list CASHCAT/KRW, CASHCAT/BTC, and CASHCAT/USDT trading pairs.
According to official news, Upbit will list CASHCAT Korean Won, BTC, and USDT trading pairs.
In pre-market analysis, trader degentrading (@degentradingLSD) highlights the following key market signals: • Macro: The 10Y yield has risen to 5.2% and the 30Y to 5.5%, nearing historical peaks. The South Korean stock market opened down 2.5%, with the memory and semiconductor sectors (SK Hynix, Samsung, MU, SNDK) broadly declining 2%–5%. Price action is expected to remain volatile ahead of MU's earnings report. • Next-Generation Cloud Computing: Project payback periods for compute infrastructure have fallen below one year. Market perception is shifting, and rapid revaluation of the new cloud sector is anticipated. Power supply bottlenecks are also gaining prominence. • Tech Stocks: META is trading lower in pre-market. Monitor for accumulation opportunities at the $690 support level or a breakout above all-time highs. If the broader hyperscale data center sector breaks out, META, MSFT, and peers could undergo paradigm-level repricing. • Crypto Markets: Broad weakness across major and alt coins, with BTC potentially testing the $82K support level. Risk capital was freed last week by trimming TAO and DOGE, and taking profit on CRDO. Since crypto sentiment typically remains positive during KBW week, the strategy this week centers on identifying short-term bullish setups.
Odaily News: The Kazakh government is pushing to use associated gas to power cryptocurrency mining in order to revive the mining industry that has been affected by power restrictions. President Kassym-Jomart Tokayev signed a decree in July requiring the development of mechanisms for companies to use associated gas for digital mining.Daniyar Mubarakov, head of the Blockchain and Digital Mining Association, said that Kazakhstan's total associated gas could be converted into 1.2 to 1.3 TWh of electricity, enough to support the construction of medium or large data centers or Bitcoin mining farms at some oil fields.Kazakhstan's Ministry of Energy estimates that up to 60 oil fields in the country produce associated gas. Oil companies can sell waste gas to miners, reducing millions of dollars in disposal costs, while miners can lock in multi-year power prices and reduce their reliance on grid electricity.The Kazakh government is developing a relevant legal framework to clarify operating rules for companies and regulate the market. Gizzat Baitursynov, Vice Minister of AI and Digital Development of Kazakhstan, said the mechanism will increase government tax revenue and improve the environment. (Bitcoin.com News)
Omnity Network has announced it will gradually cease project operations due to depleted operating funds. Its Bitcoin DeFi products, RichSwap and Satsman, will shut down within the next 30 days. The team has reminded RichSwap liquidity providers to withdraw their liquidity as soon as possible and will upgrade the smart contract to remove existing lock-up restrictions, enabling users to withdraw funds without limitations. A detailed operational timeline and liquidity withdrawal guide will be announced soon. During the transition period, support channels will remain open for 30 days to assist users with related operations. Core team members will continue to support the Bitcoin ecosystem and plan to participate in related development through individual efforts and developer collaboration organizations.
Bloomberg Intelligence Senior Commodities Strategist Mike McGlone (@mikemcglone11) noted that the Market Vector Digital Assets 100 Index (MVDA) has ceased outperforming the Nasdaq 100 Index (NDX) since the launch of Bitcoin futures in 2017. Although MVDA volatility is approximately three times that of the NDX, performance has remained flat over the past decade, and its positive correlation with the NDX fails to provide effective portfolio diversification benefits. McGlone stated that the approval of U.S. Bitcoin spot ETFs and the policy shift ahead of the 2024 Trump election may already mark a local peak for the crypto market, with a low probability of further upside. Approximately two-thirds of the MVDA's constituents consist of Bitcoin.