Important news from last night and this morning (October 8 - October 9)

Binance Alpha token AB briefly plunged 99% in two minutes before slightly rebounding, still down over 80%.

According to Binance market data, the token AB in the Binance Alpha section plummeted from $0.0083 to $0.0000051 within two minutes, a drop of about 99%, and then rebounded to $0.00146, still down over 80% for the day.

Solana treasury company Helius executive chairman: will go public in Hong Kong, aiming to purchase at least 5% of SOL.

According to the Hong Kong Economic Journal, Joseph Chee, the former head of UBS Investment Bank in Asia and currently the executive chairman of Helius, a Solana treasury company, stated in a recent interview that the company aims to acquire at least 5% of Solana. He indicated that as long as the market capitalization and regulatory requirements are met, the second listing location will be Hong Kong, and mentioned, “or within 6 months (to meet the requirements), we will come here (to Hong Kong) as soon as possible.” Joseph Chee pointed out that Solana has greater processing capabilities than Ethereum. Although Tom Lee often says that large financial institutions, stablecoins, and payment companies are all based on Ethereum, many institutions are building applications based on Solana, Avalanche, and other blockchains.

Coinbase has been approved to launch crypto staking services in New York.

According to Decrypt, Coinbase announced the launch of crypto staking in New York, allowing users to stake Ethereum, Solana, Cosmos, Cardano, Avalanche, Polygon, Polkadot, and others. Cosmos is expected to have an annual yield rate of over 16%, while Ethereum is around 1.9%. Coinbase stated that it is advancing the launch under clear state regulations. Its staking service currently covers 46 states, excluding California, New Jersey, Maryland, and Wisconsin. This move follows the resignation of former New York Department of Financial Services Superintendent Adrienne Harris, who reached a $100 million settlement with Coinbase in 2023 regarding compliance and monitoring deficiencies.

CZ releases risk warning for BNB meme season: “overlapping” with tweets is not endorsement.

Binance founder CZ (Zhao Changpeng) retweeted to indicate that his tweets do not actively avoid meme content, and any overlap with memes is coincidental and not an endorsement. At the same time, Yazan reminds users participating in the “BNBmeme” season: the project direction of CZ's wallet token distribution does not reduce the risk of going to zero; meme coins are always high-risk assets.

The UK plans to establish a “Digital Markets Regulator” to promote the on-chain transformation of the wholesale financial market.

According to Bloomberg, the UK Treasury will establish a “Digital Markets Champion” to coordinate the digitalization (Tokenization) of wholesale financial market asset issuance, trading, and settlement based on blockchain. Treasury Economic Affairs Secretary Lucy Rigby stated that a “Dematerialisation Market Action Taskforce” will be set up to oversee the transition from paper equity certificates to electronic forms. The government has released the “Wholesale Financial Markets Digital Strategy” to promote the adoption of blockchain and artificial intelligence and has launched a tender for “Digital Gilts” (DIGIT), inviting technology providers to participate in the issuance of UK government bonds on the blockchain.

DTCC included Canary Trump Coin ETF, code TRPC

According to Crypto Briefing, DTCC has listed the Canary Trump Coin ETF (ticker: TRPC) on its platform. This product tracks the Solana-based “Trump Coin” meme coin, which is a politically themed crypto asset. The DTCC listing means that this ETF is a step closer to being available for mainstream trading, but it still requires further regulatory and issuance processes.

Grayscale adjusts the components and weights of its DEFG, GSC, and AI funds, adding AERO and IP.

According to GlobeNewswire, Grayscale Investments announced adjustments in the third quarter for three funds: the DeFi Fund (DEFG) removed MakerDAO (MKR) according to the CoinDesk DeFi Select Index and added Aerodrome Finance (AERO), with adjusted weights as follows: Uniswap 32.32%, Aave 28.07%, Ondo 19.07%, Lido 7.02%, Curve 6.92%, AERO 6.60%. The Smart Contract Fund (GSC) was rebalanced according to the CoinDesk index, with components as follows: Ether 30.32%, Solana 30.97%, Cardano 18.29%, Avalanche 7.57%, Sui 7.35%, Hedera 5.50%. The Decentralized AI Fund (AI) added Story (IP), with weights as follows: NEAR 25.81%, Bittensor 22.15%, IP 21.53%, Render 12.91%, Filecoin 11.39%, The Graph 6.21%. The three funds do not pay dividends, and holdings decrease with expense outflows.

Coinbase will launch LINEA, NOICE, and SYND spot trading.

According to Coinbase Markets, spot trading for LINEA, NOICE, and SYND will be launched, with the LINEA-USD, NOICE-USD, and SYND-USD trading pairs going live on October 9 at 9:00 AM Pacific Time in regions where liquidity conditions are met. Coinbase.com, Coinbase App, and Coinbase Advanced will support this simultaneously, and institutions can access it through Coinbase Exchange.

Monad posted a hint that there may be a token airdrop

Monad announced an airdrop preview tweet on its official X account: Airdrop claim loading (98% completed). According to previous news, Monad stated that it may launch its mainnet this year.

IMF President: The Federal Reserve may need to lower interest rates further.

According to Jinshi News, IMF President Kristalina Georgieva stated that the Federal Reserve may need to cut interest rates further. It is reported that the US Dollar Index (DXY) reached 99 for the first time since early August, rising 0.42% during the day.

Today, the US Bitcoin ETF had a net inflow of 7,743 BTC, and the Ethereum ETF had a net inflow of 100855 ETH

According to Lookonchain's monitoring, today 10 U.S. Bitcoin ETFs had a net inflow of 7,743 BTC, of which BlackRock accounted for 7,401 BTC; currently, BlackRock holds 798,747 BTC. Meanwhile, 9 Ethereum ETFs had a net inflow of 100,855 ETH, with BlackRock contributing 97,695 ETH; currently, BlackRock holds 4,050,518 ETH.

BlackRock IBIT bought Bitcoin for 7 consecutive weeks, buying a total of about 54,423 coins

According to data disclosed by HODL15Capital on platform X, BlackRock's IBIT has purchased Bitcoin for 7 consecutive weeks, totaling approximately 54,423 coins, including: 1. 15,177 Bitcoin purchased today and yesterday; 2. 15,121 Bitcoin purchased last week; 3. 1,550 Bitcoin purchased 2 weeks ago; 4. 7,500 Bitcoin purchased 3 weeks ago; 5. 9,100 Bitcoin purchased 4 weeks ago; 6. 3,750 Bitcoin purchased 5 weeks ago; 7. 2,225 Bitcoin purchased 6 weeks ago.

Economic projections for September showed 10 Fed officials supporting two more rate cuts this year

According to Jin Shi, the Federal Reserve is gradually approaching the key node of another interest rate cut this year, and the minutes of the meeting to be released in the early morning of Thursday Beijing time are expected to reveal the decision-making ideas of most officials on subsequent interest rate cuts. Last month's economic projections showed that 10 Fed officials supported two more rate cuts this year, while another nine wanted only one rate cut or no more. The minutes will help the market clarify the specific focus and severity of the official disagreement. Samuel Tombs, chief U.S. analyst at Panson Macro, said, "We expect significant divergence in the minutes, but those views have been reflected in the public speeches of various officials over the past three weeks. ”

A newly created wallet suspected to belong to BitMine purchased 20,020 ETH.

According to Lookonchain monitoring, 2 hours ago, a wallet suspected to belong to BitMine bought 20,020 ETH from FalconX, worth 89.7 million dollars.

IMF Managing Director: At present, the amount of monetary gold holdings exceeds one-fifth of the world's official reserves

According to Jinshi reports, IMF President Kristalina Georgieva stated that the current monetary gold holdings have exceeded one-fifth of global official reserves. The IMF expects the global economic growth rate to be around 3% in the medium term, lower than the 3.7% before the outbreak of the COVID-19 pandemic. A significant adjustment in stock market valuations may drag down global economic growth, severely impacting developing countries.

Ethena has partnered with Jupiter to launch JupUSD, the native stablecoin of the Solana ecosystem

According to The Block, Ethena announced a partnership with Jupiter to launch the Solana ecosystem-native stablecoin JupUSD. This token is planned to be launched in the fourth quarter, and as part of the protocol, Jupiter plans to “gradually convert” approximately $750 million of USDC in its liquidity provider pool into JupUSD.

Square launched a Bitcoin wallet solution “Square Bitcoin”.

According to Businesswire, payment giant Square has announced the launch of its Bitcoin wallet solution for business users, “Square Bitcoin”. It is reported that Square Bitcoin consists of Bitcoin Payments, Bitcoin Conversions, and Bitcoin Wallet, supporting the acceptance of Bitcoin payments, converting funds obtained from card transactions into Bitcoin, and allowing purchases, sales, holding, and withdrawals within the wallet.

Predictive Oncology has closed a $343.5 million PIPE funding round to support the ATH token treasury strategy

According to Globenewswire, Nasdaq-listed Predictive Oncology announced that it has completed a $343.5 million PIPE financing. The company will use these funds to purchase ATH tokens in the open market to support its ATH token treasury strategy. (Note: ATH is the native utility token of the Aethir ecosystem)

DDC Enterprise, a company listed on the New York Stock Exchange, has completed a $124 million financing, led by PAG Pegasus Fund and others.

DDC Enterprise Limited, a company listed on the NYSE, has completed a $124 million equity financing. The round was led by PAG Pegasus Fund, OKG Financial Services Limited (a subsidiary of OKG Technology Holdings Limited), and Mulana Investment Management. DDC's founder, chairman, and CEO Zhu Jiaying personally invested $3 million. It is reported that almost all participating capital in this financing transaction (including the founder's investment) has committed to lock up their shares for 180 days from the completion of the transaction to support the execution of DDC's Bitcoin treasury strategy.

The blockchain digital identity platform TransCrypts has completed a $15 million seed round financing, led by Pantera Capital.

According to Globenewswire, the blockchain digital identity platform TransCrypts announced the completion of a $15 million seed funding round, led by Pantera Capital, with participation from Lightspeed Faction, Alpha Edison, Motley Fool Ventures, California Innovation Fund, and a group of angel investors. The new funds will support its efforts to optimize and build a blockchain platform for digital identity and credential verification, preventing AI fraud and deepfake technology from eroding trust in the internet.

Cryptocurrency insurance company Anthea has completed a $22 million Series A financing round and plans to launch an ETH-denominated life insurance product.

According to PRNewswire, cryptocurrency life insurance company Anthea has announced the completion of a $22 million Series A funding round, led by Yunfeng Financial, with a group of strategic investors from the insurance, asset management, and fintech sectors participating. The new funds will be used to support the launch of life insurance products priced in ETH, while continuing business operations and accelerating product development and innovation.

Jensen Huang: I have invested in Musk's xAI but regret not investing in OpenAI earlier.

According to Jin Shi reports, Nvidia CEO Jensen Huang confirmed that Nvidia has invested in Elon Musk's startup xAI. Huang expressed great excitement about the financing situation of xAI and admitted that he hopes to be involved in almost all areas Musk is venturing into. Regarding another AI giant, OpenAI, he mentioned that the deal Nvidia reached with OpenAI will help the startup prepare to become a “self-hosted super-scale data center operator,” but he himself was not aware of the deal between OpenAI and AMD until it was publicly announced. Additionally, Huang candidly expressed regret for not investing in OpenAI earlier, while pointing out that OpenAI's revenue is experiencing exponential growth. When asked how OpenAI would fund its deal with Nvidia, he responded that OpenAI “currently has no money” and will later raise funds through revenue and equity or debt financing.

The CEO of Nvidia stated that he is already an investor in Musk's XAI project.

NVIDIA's CEO stated that he is already an investor in Elon Musk's XAI project. When asked how OpenAI would raise funds for its deal with NVIDIA, he said that OpenAI “currently has no funds” and will raise money through revenue as well as equity or debt financing.

Bit Digital, an Ethereum treasury company, increased its holdings by 31,057 ETH, raising its total holdings to 150,244.

The Ethereum treasury company Bit Digital announced on platform X that it has increased its holdings by 31,057 ETH, bringing the current total holdings to 150,244 ETH.

An address associated with a suspected Dolomite wallet has deposited 10 million DOLO into Binance, worth 1.09 million USD.

According to Arkham monitoring, about 20 minutes ago, an address associated with the suspected Dolomite wallet deposited 10 million DOLO into Binance, worth 1.09 million dollars.

Lista: The platform is suspended due to abnormal price fluctuations of collateral, and all funds are safe

The official Lista DAO has announced on platform X that its security team has detected abnormal price fluctuations in a certain collateral asset ($YUSD) within the Lista lending protocol. As a precaution, the official has suspended the Lista platform to ensure that all user funds are fully protected. A detailed investigation is currently underway, and services will be resumed immediately once the system is confirmed to be completely safe and stable. All funds within the Lista lending protocol are secure.

Three whales accumulated approximately 2333 BTC within the last 12 hours.

According to monitoring by Lookonchain, three whales have accumulated a total of about 2,333 BTC in the last 12 hours, including: 1. Whale bc 1 qr 9 withdrew 650 BTC from Binance in the past 20 minutes, worth 80 million dollars, currently holding 2,091 BTC; 2. New wallet 35 usJu received 1,183 BTC from Galaxy Digital 8 hours ago, worth 144 million dollars; 3. New wallet 1 EPzzK received 500 BTC from BitGo 12 hours ago, worth 60.85 million dollars.

Bitwise: The inflow of the US spot Bitcoin ETF may set a record in the fourth quarter of this year.

Bitwise's latest market analysis report predicts that the inflow of the U.S. spot Bitcoin ETF will hit a record in the fourth quarter of this year, surpassing the total inflow of $36 billion in 2024. Bitwise's Chief Investment Officer Matt Hougan stated that the Bitcoin ETF will benefit from three catalysts: the entry of wealth management firms, the recent surge in Bitcoin prices, and the effectiveness of “devaluation trading.” It is expected that many Wall Street investment advisory firms will add gold and Bitcoin to their clients' portfolios to capture stronger-performing assets.

A certain whale sold 7.64 million “4” tokens for a profit of 1.31 million dollars.

According to Onchain Lens monitoring, a certain whale sold 7.64 million 4 tokens for 1,100 BNB (worth $1.45 million), making a profit of $1.31 million. The address purchased these 4 tokens just 7 days ago for $132,000.

A Bitcoin OG whale sold 3,000 BTC through HyperLiquid and received 363.9 million USDC

According to Spot On Chain monitoring, a certain Bitcoin OG whale sold 3,000 BTC through HyperLiquid in the past 9 hours, obtaining 363.9 million USDC. Currently, this whale holds 46,765 BTC across 11 wallets, valued at approximately 5.73 billion dollars. It is worth noting that this whale sold over 30,000 BTC between August 20 and September 16 to buy and long ETH, when the price of BTC was around 112,000 dollars.

The Japanese listed company Lib Work spent 3.3 million dollars to purchase approximately 29 bitcoins for the first time.

According to Yahoo, the Japanese listed company Lib Work has announced that it has spent approximately $3.3 million to purchase 29.6431 bitcoins for the first time, with an average acquisition price of $112,140 per bitcoin. It is reported that Lib Work is a 3D printing construction company that previously announced it would include bitcoin in its corporate reserve assets.

Nasdaq-listed company Hyperion DeFi increases its holdings of over 42,052 HYPE.

On-chain data shows that Nasdaq-listed Hyperion DeFi increased its holdings by 42,052.14 HYPE approximately 14 hours ago, with an average purchase price of $46.343. As of now, the total amount of HYPE tokens held by the company has reached approximately 1.75 million, valued at $79.5 million. Hyperion DeFi, Inc. (HYPD), formerly known as the ophthalmology company Eyenovia (EYEN), announced a $50 million PIPE financing in June to initiate a HYPE treasury reserve strategy. On July 3, the company officially changed its name to Hyperion DeFi, and the stock ticker was also updated to HYPD.

Binance will launch 4 USDT perpetual contracts with up to 50x leverage.

Binance will launch the 4USDT perpetual contract on October 8, 2025, at 11:30 (UTC), supporting a maximum leverage of 50 times. This contract supports a multi-asset margin model and will open futures copy trading within 24 hours of its launch.

A certain trader bought 4.25 million Binance Life tokens and 1.91 million Binance Car tokens, both of which are currently in a floating loss state.

According to Lookonchain monitoring, a certain trader bought 4.25 million Binance Life tokens and 1.91 million Binance Car tokens, both of which are currently in a floating loss. This trader previously made a profit of 2.4 million USD on APX and has also bought 10,438 GIGGLE tokens, currently making a profit of 962,000 USD.