Odaily News: According to MSX.COM data, shares of SKY treasury company SDEV have been climbing steadily since around $1 in late September, closing at $7.48 on October 2, with a cumulative gain of over 700% within 15 days. Its current market capitalization is approximately $387 million. During the same period, the price of SKY rose from around $0.8 to above $0.9.
According to the company's S-3/A filing submitted in September, as of September 13, SDEV held approximately 2.315 billion SKY, accounting for about 10% of SKY's total supply, with nearly all of these tokens staked in the Sky protocol.
1. SEC Chairman: More crypto regulatory rules will be introduced to ensure the market stays in the U.S.;
2. BTC and ETH short positions are both 1.5x the size of long positions, Hyperliquid whales lean bearish;
3. Deadline October 15: U.S. taxpayers with crypto transactions who filed for an extension for the 2025 tax year need to verify their filing information;
4. Over $6 million in assets stolen from an anonymous multisig vault on Base, identities of 7 signers unknown;
5. Safe early investor Greenfield Capital files complaint with Swiss regulators over foundation governance;
6. Bitget User Protection Fund replenished to 3,705 BTC, valued at $316 million;
7. Trump announces establishment of a Superintelligence Working Group to coordinate federal government efforts;
8. Strive Vice President Joe Burnett: AI may make it harder to accumulate Bitcoin through labor;
9. HyperLink completes $2.5 million funding round, aims to capture 10% of Hyperliquid's trading volume;
10. U.S. community bank organization sues OCC, seeking to block crypto firms from entering the banking system through trust charters.
Odaily: The deadline for extended individual federal income tax filings for the 2025 US tax year is October 15. This applies to taxpayers who previously requested an extension and is not a new deadline specific to crypto assets. An extension only extends the time to file, not the time to pay taxes. For digital asset transactions in 2025, the Form 1099-DA provided by brokers may not include cost basis, and taxpayers still need to calculate their gains or losses themselves and report them as required.
According to Lookonchain monitoring, trader Frank (@frankdegods) has been continuously buying 5.7 million EDEL since October 1, spending a total of $191,000. The position is currently worth $285,600, with an unrealized profit of $94,500.
Odaily reports that according to the latest Gate data, the price of gold has risen to $4,156.51 per ounce, up 0.36% intraday. Silver has climbed to $61.286 per ounce, up 1.8% intraday.
In forex, USD/CNH rose 0.05% intraday, with the current exchange rate at 6.70769. USD/JPY rose 0.06% intraday, with the current exchange rate at 157.731.
In global equity indices, the Euro Stoxx 50 (EUSTX50) rose 1.03% intraday to 6,255.43; the UK FTSE 100 (UK100) fell 0.03% intraday to 10,499.5; and the Germany DAX 40 (GER40) fell 0.06% intraday to 25,280.3.
In commodities, WTI crude oil fell 1.27% intraday to $92.78 per barrel. Brent crude oil fell 0.6% intraday to $105.66 per barrel.
Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock CFDs, major indices, and commodities, enabling deep integration between crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platforms, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the multi-asset allocation experience.
According to Lookonchain monitoring, 8 hours ago, Patricio Worthalter (@worthalter) deposited 4,000 ETH worth $10.79 million to Gemini.
Odaily News: As of October 5 at 08:19, among approximately 200 active addresses valued at over $3 million, BTC long positions totaled approximately $518 million, while short positions totaled approximately $830 million, giving a long-to-short ratio of 0.62; ETH long positions totaled approximately $687 million, while short positions totaled approximately $1.05 billion, giving a long-to-short ratio of 0.65.
Odaily News: As of 08:19 on October 5, a whale holds a short position of approximately 78,000 ETH, valued at about $213 million, with an average entry price of $2,340, a current loss of approximately $30.29 million, and a liquidation price of approximately $4,291.
Odaily reports that Aptos governance proposal 206 is currently under voting, aiming to enable ChunkyDKG V1 full mode and the encrypted_transactions feature. This mechanism will support encrypted transactions through distributed key generation, hiding transaction contents before they enter consensus ordering, after which validators collaboratively decrypt them, helping to reduce front-running and MEV risks. Voting on the proposal will end on October 6, with approval votes currently accounting for nearly 100%, but voter turnout stands at 2.69%, which has not yet met the 24.8% quorum requirement.
Odaily News: S&P Global Ratings has launched a risk assessment framework for onchain lending vaults, a sector that has now reached $10 billion in deposits, up from $1.5 billion two years ago. The framework will assess credit, liquidity, vault manager, blockchain, protocol, security, and governance risks, with the first batch of vault assessments to follow.
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 that predict.fun posted on X platform stating that Polymarket has a 16% probability of launching an official token before March 31, 2027.
Odaily News: The U.S. Securities and Exchange Commission (SEC) has approved a rule change by Cboe BZX Exchange to allow investment management firm Volatility Shares LLC to issue a 3x Bitcoin futures ETF and five other leveraged commodity products.
The product suite also includes a 3x Ether ETF, as well as gold, silver, crude oil, and natural gas products. The Bitcoin strategy aims to achieve 3x the benchmark's daily futures performance, before fees. A 1% increase in the benchmark corresponds to a 3% target gain, while a 1% decline corresponds to a 3% target loss.
The products gain exposure through futures contracts rather than directly holding Bitcoin, and daily compounding may cause long-term performance to deviate from the benchmark's cumulative return. Trading of the products must commence after the registration statement becomes effective, with each product issuing at least 100,000 shares at market open and calculating the net asset value per share daily. (Bitcoin.com News)
According to Onchain Lens monitoring, an Ethena-related Gnosis Safe withdrew 62.58 million ENA worth $14.86 million from Bybit 37 minutes ago. Over the past 9 hours, this wallet has withdrawn 117.58 million ENA worth $27.96 million from Bybit.
Odaily reports: According to Salus monitoring, Revenue Family, a project claiming to be the X Money off-ramp bridge, is involved in malicious approvals. The attacker induced users to submit permit signatures, obtained unlimited USDG allowance, and then called transferFrom within the same transaction to move the funds out, with the stolen funds flowing into two hacker addresses at an 80/20 ratio. The project had claimed on October 1 that its social media accounts were compromised by an internal reviewer, suspended redemptions, and denied that REV was its official token.
