News linked to both this project and an event.
Odaily News: On October 1, the Ethereum Foundation and Open Anonymity Project launched zkAPI on the Ethereum mainnet. The system allows users to pre-deposit ETH, USDC, and other balances, separating billing identity from requests when paying for AI and other usage-based services.After depositing funds, users can authorize payments via zero-knowledge proofs and one-time API keys. Once the server verifies the payment proof, it generates a short-term key with a preset spending cap. AI service providers can receive prompts but will not learn the corresponding payment identity.zkAPI does not hide prompt content, and AI service providers can still read prompts and responses; stable IP addresses, timing patterns, and repetitive behavior may also link user identities. The project's code repository labels zkAPI as an experimental project. (Bitcoin.com News)
Odaily reports: US Securities and Exchange Commission (SEC) Chair Paul Atkins stated that the SEC will continue advancing regulation of cryptocurrencies and digital securities, and will introduce more rules to ensure the digital asset market stays in the United States.On October 2, Paul Atkins said the SEC's proposed crypto asset custody regulatory framework aims to update rules established in 1940 that only apply to traditional asset custody and safekeeping. The move comes after the US Senate failed to pass the CLARITY Act last month.He noted that the framework is part of the SEC's efforts to build a comprehensive crypto asset regulatory system starting in 2025, following earlier proposals including Regulation Crypto Assets and the Innovation Exemption, the latter of which would establish a 5-year sandbox allowing US equities to be traded on decentralized exchanges and with liquidity providers.John Reed Stark, former head of the SEC's Office of Internet Enforcement, believes the regulatory push exceeds the SEC's authority and bypasses congressional power. Paul Atkins stated that more regulatory proposals are coming and that he will continue to assist President Trump in promoting the US as the global capital of cryptocurrency. (Bitcoin.com News)
Odaily reports: Porsche announced on October 1 that it is ending its Web3 project and PIONEERS CIRCLE. The PORSCHE 911 NFT will remain in holders' wallets and on-chain, the PIONEERS Discord server will be converted to a read-only archive, and the @eth_porsche account will stop posting updates.The collection was originally planned to issue 7,500 pieces, with minting opening in January 2023 at 0.911 ETH each, and ultimately 2,363 pieces were minted. Porsche has not announced any token burn, buyback, migration, or redemption plans, and holders can still hold, transfer, or list their NFTs for sale.The PORSCHE 911 NFT has accumulated nearly $20 million in total trading volume, with approximately $38,000 in trading volume over the past year and about $2,900 over the past month. (Bitcoin.com News)
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)
Odaily News: Bitwise Asset Management Chief Investment Officer Matt Hougan stated that after the Senate declined to advance the CLARITY Act on September 15, stablecoin platforms retain room to offer balance rewards to customers, and exchanges such as Coinbase also continue to maintain existing state-level licenses and advantages in integrating trading and brokerage operations.The U.S. Securities and Exchange Commission (SEC) issued a five-year exemption for tokenized stock trading on September 17, allowing qualifying platforms to adopt permissioned automated market makers and liquidity pools for testing. Hougan listed Securitize, which provides services for BlackRock, Apollo, and KKR tokenized funds, as a beneficiary.SEC staff updated token buyback guidance on September 28, stating that for networks that are already functional and have no centralized party, buyback announcements do not constitute a promise on which purchasers rely for expected profits; the guidance does not have legal effect. (Bitcoin.com News)
Odaily reports: Microsoft's official X account was accessed without authorization on Thursday, briefly following and promoting accounts linked to an unofficial Meme coin, reposting related tweets, and changing its profile picture to Clippy.The related content was deleted approximately 30 minutes later. Microsoft subsequently confirmed that the account had been secured, the unauthorized posts had been removed, and that it would continue investigating. Microsoft stated that it never authorized anyone to use its intellectual property, including Clippy, to promote tokens, and plans to take legal action.The token is named CLIPPY. The account Clippy MSFT had promoted a liquidity pool valued at over $200,000. Some promoters claimed it was backed by Microsoft's actual stock, but this claim has not been verified and has no official association with Microsoft. (Bitcoin.com News)
Odaily reports: U.S. crypto advocacy group Stand With Crypto has announced its endorsement of a slate of bipartisan candidates for the midterm elections, including Ohio Republican Senator Jon Husted, Iowa Republican candidate Ashley Hinson, and New Hampshire Democratic candidate Chris Pappas. The group also endorsed more than 30 House members and candidates who have voted in favor of digital asset framework legislation.Stand With Crypto said it will run ads in 6 House races to support pro-crypto candidates. Previously, the U.S. Senate failed to secure the 60 votes needed to pass the CLARITY Act, which had passed the House last year. (Bitcoin.com News)
Odaily News: Trump's support among voters aged 18 to 29 dropped from 43% to 19%. Some young cryptocurrency investors have described his crypto projects as profit-seeking ventures, and criticized the TRUMP Meme coin for exploiting supporters who are familiar with crypto.Morten Christensen, an investor who holds a large amount of TRUMP tokens, said Trump's reputation is no longer what it was when he was campaigning for president. He noted that when attending the second Meme coin event held at Mar-a-Lago this year, he noticed that the online reaction was noticeably different from the first event in May 2025.Trump's financial records show that he earned at least $500 million through World Liberty Financial token sales. The project issues the US dollar-pegged stablecoin USD1, whose market capitalization exceeds $4 billion. (Bitcoin.com News)
Odaily reports: U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins stated that although the CLARITY Act was not passed by Congress, the SEC will still clarify onchain fundraising rules within its statutory authority.The U.S. Senate failed to advance the CLARITY Act on September 15 with a 49-50 vote, falling short of the required 60-vote threshold. Atkins has not yet disclosed what form the relevant guidance will take—whether exemptions, a registration pathway, or staff guidance.The SEC previously paved the way for tokenized stocks on September 17, and on September 25 published nine FAQs explaining the impact of token issuers' commitments on securities determinations. Commissioner Hester Peirce will depart on October 2, leaving the SEC with only two sitting commissioners, Atkins and Mark Uyeda. (Bitcoin.com News)
on September 28, Coinbase teased the upcoming launch of a Pokemon digital card pack service backed by physical cards, allowing users to open packs via their phones and choose to either store the cards in a vault or have them delivered to their homes.Coinbase has not yet disclosed the service launch date, pack pricing, card draw odds, storage and delivery fees, eligible regions, physical card custodian, or grading standards, nor has it confirmed whether secondary resale or on-chain ownership recording will be supported. (Bitcoin.com 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)
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: 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)
privacy blockchain project Zano has rolled back its blockchain to block height 3,833,000, before the 6th hard fork, deleting approximately one month of on-chain transaction records in order to address an inflation vulnerability involving Gateway Addresses.The vulnerability allowed unauthorized minting of the native token ZANO and the USD-pegged stablecoin fUSD. Zano stated that the core consensus protocol, wallet spending keys, and ordinary transaction privacy were not affected, and that nodes, miners, stakers, and service providers need to adopt the update.Freedom Dollar stated that millions of dollars in assets held by the project had been swapped into counterfeit fUSD, and that the related losses will be borne by the project. Freedom Dollar has asked fUSD holders to suspend economic activity involving the token until the stabilized Zano chain is confirmed after repairs. (Bitcoin.com News)
Odaily News: Payment company Block announced on September 24 that it has integrated the Bitcoin Lightning Network into the x402 payment standard. The x402 protocol can complete verification and unlock data through Lightning Network invoices and payment preimages after a server returns an HTTP 402 payment request.Steve Lee, head of Spiral, Block's open-source Bitcoin research and development division, stated that the integration targets instant, low-cost micropayment use cases. Block has not yet disclosed a timeline for bringing the standard to Cash App, Square, or Bitkey, and the related Python implementation still needs to be tested on real nodes. (Bitcoin.com News)
Odaily reports: Privacy blockchain network Zano has disclosed that an inflation vulnerability involving Gateway Addresses has forced it to plan a rollback of approximately 24 hours of blockchain history, and has urged users to immediately cease all economic activity related to ZANO and Confidential Assets.Zano has promised to compensate for losses caused by the rollback, but has not yet announced the target block height for the rollback, the patched version, the compensation process, the mechanics of the vulnerability, or the amount of unauthorized assets created. Gateway Addresses went live on August 26 with Hard Fork 6. (Bitcoin.com News)
Odaily News: Fintech company MoonPay has signed a definitive merger agreement to acquire North Capital Investment Technology, a private markets technology and regulated brokerage services platform. The transaction is an all-stock deal reportedly valued at over $60 million, and upon completion, North Capital will become a wholly-owned subsidiary of MoonPay.The deal will integrate North Capital's securities brokerage, investment advisory, and clearing capabilities into MoonPay's global infrastructure. North Capital owns multiple entities registered with the U.S. Securities and Exchange Commission (SEC), including a broker-dealer, an alternative trading system PPEX ATS, a transfer agent, and an investment advisor.North Capital provides technology, custody, custodial accounts, and secondary trading services for private securities issuers, fund managers, and institutional investors. The platform has facilitated over $8.7 billion in cumulative primary and secondary trading volume; PPEX supports secondary trading for over 1,250 approved assets. The transaction has been unanimously approved by both companies' boards of directors and remains subject to customary closing conditions and regulatory approvals. (Bitcoin.com News)
Odaily News: The Central Bank of Brazil has issued Resolutions No. 588 and No. 589, requiring virtual asset service providers (VASPs) to report inbound and outbound transactions involving self-custodial wallets valued at or above $10,000, while strengthening anti-money laundering and counter-terrorism financing oversight.Resolution No. 588 stipulates that relevant transaction data will be submitted to the Financial Activities Control Council (COAF). The agency may use this information to organize transactions and establish a database of self-custodial addresses, recording the asset holdings of Brazilian users who hold crypto assets through authorized centralized exchanges.Resolution No. 589 prohibits conducting business with virtual asset service organizations or entities operating in Brazil without authorization. The new regulations will take effect on October 1, 2026. Currently, only 5 VASPs have applied for licenses to operate in Brazil. (Bitcoin.com News)
Odaily News: The U.S. Federal Reserve plans to establish rules for payment stablecoins issued by banks, requiring that every $1 of tokens be backed by at least $1 in approved reserve assets, with customer redemptions typically completed within two business days. If an issuer persistently falls below minimum capital requirements, it may be required to liquidate reserve assets and redeem all tokens.Reserve assets may include U.S. dollars, Federal Reserve bank balances, certain bank deposits, U.S. Treasury securities with remaining maturities of no more than 93 days, eligible repurchase agreements, and qualifying investment funds, and tokenized forms of certain assets may also be included. If reserves are insufficient, the issuer must notify the Federal Reserve and restore full backing, or otherwise liquidate reserves and redeem the dollar-pegged tokens.The Federal Reserve plans to require issuers to hold standardized capital against operational and certain credit risks, with a capital charge of 2% on the first $20 billion of issued stablecoin scale and 1% on amounts exceeding $50 billion. Another proposal would allow insured depository state member banks to apply to establish subsidiaries that issue payment stablecoins, and the GENIUS Act provides that after an application is substantially complete, the Federal Reserve must make a decision within 120 days.Federal Reserve Governor Michael Barr said stablecoins should be reliably and promptly redeemable at par under a variety of market conditions and when issuers run into problems, and he called for the final rules to clarify a universal redemption right. He also expressed concern about the threshold requiring anti-money laundering deficiencies to reach a "material or systemic" level before triggering supervisory or enforcement action. The public comment period is 60 days after publication in the Federal Register. (Bitcoin.com News)
Odaily reports: AI model developer Typesafe AI has announced the opening of its System One model Jev, removing the waitlist and giving each new user $5 in credits. The project has been developed in stealth for two years and has raised $40 million in cumulative funding.Jev does not support chat; it only accepts facts and closed-ended questions, returning probabilistic results within 70 to 500 milliseconds. Input pricing is $0.042 per million tokens, and output is free. It can answer questions such as buy or sell, yes or no.In a Bitcoin price prediction test, Jev estimated a 55% probability that Binance's one-minute K-line would reach $85,000 before 2027, with probabilities of 48% and 34% for reaching $90,000 and $100,000, respectively; the corresponding Polymarket market probability for $85,000 was 81%.On September 16, Monad Chief AI Engineer Jarrod Watts connected Jev to price data and built a trading bot that submits limit orders to the Kuru on-chain order book approximately every 300 milliseconds. The bot can decide whether to buy or sell based on Jev's judgments and has been open-sourced on GitHub as jarrodwatts/jev-trader. (Bitcoin.com News)