News linked to both this project and an event.
According to Cointelegraph, CryptoQuant data shows that during the week ending September 27, Binance's Bitcoin net outflow reached 23,137 BTC, marking the highest level since June 2023. Since September 20, Binance's Bitcoin reserves have cumulatively decreased by nearly 40,000 BTC.
cryptocurrency exchange OKX has announced the launch of OKX Money, a stablecoin savings and payment app, now available in parts of Latin America, Africa, South Asia, and the Middle East, offering up to 10% annualized yield on eligible USDG balances.Users can fund their accounts with over 50 supported currencies, with funds converted into USD-backed stablecoins, and can hold, send, and spend USDG, USDC, or USDT. The app supports both virtual and physical cards, and eligible USDG balances can earn yield without staking or lock-up requirements.OKX stated that the app will roll out gradually in accordance with regional requirements, with specific legal entities and regulatory frameworks varying by jurisdiction, and the initial launch markets have not yet been disclosed. Yields and eligibility conditions vary by region and user, and users can unlock higher yield tiers by meeting a 30-day average deposit threshold, reaching a 30-day spending amount, or upgrading their exchange VIP level. (Cointelegraph)
According to Cointelegraph, Trump is expected to appoint former SEC chairman Jay Clayton as AI czar. Meanwhile, veteran trader Peter Brandt predicts that if Bitcoin holds its key lows, the peak of this cycle could reach $600,000.
According to Cointelegraph, Alex Shevchenko, General Manager of NEAR Intents, stated that the team has identified the hackers behind the previous security incident and given them a 48-hour deadline to return the stolen funds through a "responsible disclosure." NEAR Intents previously suspended its services due to a vulnerability in the interaction between the Omni deposit and withdrawal infrastructure and its smart contracts. Initial investigations revealed that approximately $3.8 million in user funds were stolen in the incident, and the team has committed to fully compensating affected users. On-chain detective ZachXBT stated that the stolen funds were subsequently transferred to KuCoin and cross-chain converted into Bitcoin.
Odaily News: NEAR Intents has stated that it has identified the attacker responsible for the loss of user funds and has demanded the return of $3.8 million within 48 hours through a "responsible disclosure" mechanism, after which the window will be closed.NEAR Intents suspended services on Thursday after discovering a vulnerability in the interaction between the Omni deposit and withdrawal infrastructure and its smart contracts. A preliminary investigation showed that the attack resulted in the theft of $3.8 million in user funds, and the platform has committed to fully compensating affected users.On-chain investigator ZachXBT disclosed that the related funds were transferred to the KuCoin exchange and subsequently bridged to Bitcoin. (Cointelegraph)
Odaily News — Gracy Chen, CEO of cryptocurrency exchange Bitget, said the company is not optimistic about recovering the $388 million in crypto assets lost in last week's security incident. Citing the Bybit hack in 2025 as a reference, she noted that approximately one year after that incident, only about 3.5% of the stolen funds had been frozen, and that this does not equate to a completed recovery.Bitget has set up a bounty program offering 5% rewards for frozen funds and recovered funds respectively. The NEAR Intents team said it has intercepted over $50 million in assets related to the attack and frozen approximately $500,000. Tether and Circle have blacklisted the relevant wallets, freezing $318,000 worth of USDT and USDC.Gracy Chen stated that preliminary investigations indicate the attack may match VPN addresses used by North Korea-linked groups, but Bitget has not yet fully ruled out the possibility of an insider job. Bitget has resumed withdrawals in phases, starting with Bitcoin transactions on Monday and continuing with ETH transactions on Tuesday. (Cointelegraph)
Odaily reports: Veteran trader Peter Brandt says Bitcoin has likely bottomed out for this cycle and entered a new bull market. He has raised his cycle top forecast from the previous $250,000 to $300,000 to $300,000 to $600,000 by late 2029, adding that hitting $500,000 is "very likely."However, Peter Brandt warns that Bitcoin could pull back to $65,000 to $66,000 in early October to flush out momentum chasers. Brandt is also skeptical of XRP's investment value, calling it a "fool coin," and said that XRP having payment use cases and Ripple having banking partners does not necessarily mean its value will rise. (Cointelegraph)
Odaily reports: Privacy blockchain project Zcash plans to implement the NU7 upgrade, after which it will stop accepting the fourth version transaction format that allows spending of Sprout pool funds. If ZEC is not transferred out before the upgrade, holders may lose the ability to spend the related funds.The proposal will not destroy Sprout pool funds, and access may still be restored in the future. However, the proposal warns that funds remaining in the pool may also become permanently unspendable. Zcash co-founder Zooko Wilcox has reposted the related reminder.NU7 is scheduled to activate on the testnet on October 6, and Zcash is expected to decide on October 20 whether to activate on the mainnet on November 5 as planned. The upgrade will also shorten the target block time from 75 seconds to 25 seconds and maintain the network's halving cycle. (Cointelegraph)
Cointelegraph reported that Bitcoin has recently gained strength, with analysts predicting it is poised to challenge the key $86,000 level, signaling that the crypto market has entered a new bull cycle.
Odaily News: Fintech company MoonPay will partner with asset management firm WisdomTree to expand U.S. investors' access to the WisdomTree Treasury Money Market Digital Fund (WTGXX). WisdomTree will leverage MoonPay's technology to develop an entry point for the fund, covering MoonPay's more than 35 million accounts.MoonPay plans to incorporate WTGXX, a tokenized money market fund with approximately $1.2 billion in assets under management, into its stablecoin reserve management system. WTGXX aims to maintain a net asset value of $1 per share. MoonPay launched its enterprise-facing stablecoin business in November 2025.WisdomTree has approximately $176.7 billion in assets under management, and the partnership may in the future expand to other tokenized funds in markets outside the United States. WTGXX recorded $466 million in net inflows over the past 30 days. (Cointelegraph)
According to Cointelegraph, the U.S. Senate failed to advance a procedural vote on the Digital Asset Market Clarity Act (CLARITY Act) on Tuesday. Bernstein analysts anticipate that the SEC and CFTC will subsequently embark on "proactive and swift" rulemaking to compensate for the time lost during prior negotiations. The forthcoming regulations are expected to cover: classification criteria for token offerings, developer protections for DeFi and self-custody protocols, innovation exemptions for equity tokenization, an expedited approval pathway for physical asset perpetual futures, and swap designation rules for federal sports event contracts. Bernstein pointed out that the CLARITY Act was originally intended to provide the industry with institutional safeguards against "shifts in political winds," and its defeat has once again cast doubt on regulatory certainty. Analysts also noted that the likelihood of a reconsidered vote on the bill remains low.
Bernstein analysts said that after the U.S. Senate failed to pass the procedural vote on the Digital Asset Market Clarity Act, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are expected to accelerate the development of digital asset regulatory rules.The analysts expect the new rules to cover the classification of fundraising tokens, protections for DeFi and self-custody protocol developers, innovation exemptions for equity tokenization, approval of real-world asset perpetual futures, and adjustments to swap classification rules for federal sports event contracts. (Cointelegraph)
According to Cointelegraph data, the US spot Bitcoin ETF recently recorded strong capital inflows, with cumulative net inflows reaching $3.8 billion over the past three weeks, marking the best performance year-to-date in 2026.
Odaily Odaily News: Bybit Pay, the payment arm of cryptocurrency exchange Bybit, has integrated with crypto payment infrastructure provider Mesh, allowing users to directly use their Bybit account balances to make payments or top up accounts on Mesh-supported platforms without the need to withdraw or transfer assets first. Merchants can add Bybit Pay as a payment option through existing Mesh integrations and use programmable settlement features to control settlement timing and methods across different markets.Mesh stated that its network is already connected to over 300 wallets, exchanges, and financial service platforms. In January this year, the company completed a $75 million Series C funding round led by Dragonfly, reaching a valuation of $1 billion, with cumulative funding exceeding $200 million. It also plans to expand into markets in Latin America, Asia, and Europe. (Cointelegraph)
Odaily News: Blockchain project Core DAO has announced a coordinated emergency hard fork, caused by validators receiving CORE rewards exceeding the blockchain's originally scheduled issuance. Core DAO stated that the incident is under control, malicious validators can no longer continue to obtain excess rewards, and the upgrade will not roll back the network or revoke confirmed transactions.Core DAO previously stated that a small number of validators had accumulated rewards significantly higher than the protocol's set issuance, and that the incident only involved reward distribution, with user assets remaining secure. Coinbase, Bithumb, Coinone, Bitget, and LBank had restricted CORE deposits, withdrawals, or transfers.Core DAO has not yet disclosed the amount of excess CORE issued, the duration of the related activity, whether the extra tokens entered circulation, or the cause of the vulnerability, and stated that it will publish a technical post-mortem report. (Cointelegraph)
According to Cointelegraph, BitMEX founder Arthur Hayes (@CryptoHayes) recently expressed a bullish view on Ethereum, noting that ETH had previously suffered massive market sell-offs and was almost "forgotten," but its ratio against Bitcoin has recently rebounded significantly, which he sees as a signal of the market waking up again.
According to Cointelegraph citing Bank of America data, crypto funds recorded $3.2 billion in capital inflows last week, marking the largest weekly inflow since October 2025.
Odaily News - U.S. mortgage lender Better Mortgage and cryptocurrency exchange Coinbase have announced the launch of a bitcoin-backed mortgage product that allows U.S. homebuyers to use BTC as collateral for their down payment loan, eliminating the need to sell their bitcoin holdings. The product is now officially open for applications.The product consists of a Fannie Mae-backed mortgage paired with a separate down payment loan. Borrowers are required to pledge BTC valued at least 250% of the down payment loan amount, with the collateral transferred to Better's custody account on Coinbase Prime. Both loans carry the same interest rate and amortization period, and are repaid through a single monthly payment.A decline in the bitcoin price will not independently trigger a margin call or alter the mortgage terms, but if a borrower falls 60 days or more behind on payments, Better may liquidate the pledged BTC. Applicants must be U.S. residents with a verified Coinbase account, and Coinbase One members can also earn a 1% rebate of up to $10,000, which can be applied toward closing costs and fees. (Cointelegraph)
According to Cointelegraph, analysts pointed out that Bitcoin (BTC) has entered the early stages of a new bull market, but $83,000 remains a key resistance level for confirming the uptrend.
According to Cointelegraph, Bernstein analysts see signs of "digital dollar reflation" in USDC, with its supply surging by $2 billion over seven days. The firm maintains an Outperform rating on Circle (CRCL) with a $140 price target, noting that USDC's trading volume share has surpassed that of USDT.