Odaily News: US ADP employment weekly change for the week ending September 19 was 23,750, compared with the previous value of 20,000. (Jinshi)

Odaily reports that according to OKX market data, OKB briefly broke through 140 USDT, now trading at 140.19 USDT, up 10.39% in 24H.

Earlier news: OKX has completed a new round of financing, reaching a valuation of $25 billion. This financing attracted participation from institutional investors including Standard Chartered and Circle.

Odaily News: According to Bloomberg, cryptocurrency exchange OKX has completed a funding round at a $25 billion valuation, with Standard Chartered and Circle participating in this funding round.

Odaily News: A whale redeemed 3,659 ETH ($9.93 million) that had been staked for a year from Ethereum staking, and transferred 5,513 ETH ($14.97 million) to the exchange Kraken 10 minutes ago.

1. Multicoin Capital: HYPE remains its largest holding;

2. Strategy's market cap surpasses YouTube competitor Rumble, Strive has surpassed over 140 listed companies in the past month;

3. Pump.fun holds $2.8 billion in on-chain assets, of which $2.19 billion is in PUMP tokens;

4. Citi raises AMD (AMD.O) price target from $575 to $800;

5. Hong Kong government reiterates commitment to submit crypto asset licensing bill amendment by end of 2026;

6. Fortitude secures priority allocation of Bitmain's next-generation Zcash miners, procurement scale could reach $100 million;

7. Analyst: Bitcoin breaks through key cost line, majority of market funds enter profitable range;

8. Cathie Wood: Investors should watch AI Agent capital flows, machine payments may become the next indicator of AI adoption.

Odaily News: BIT has announced the appointment of Jack Derong as its new Group Chief Marketing Officer (CMO). He previously served as CMO of OSL Group and Head of Global Marketing at Futu, and will be responsible for driving BIT's global marketing strategy and market expansion, further enhancing brand influence and market position.

Odaily reports that Soneium has announced it is advancing IP standardization and plans to support the on-chain IP asset and licensing registry standard ERC-8432. The standard, published on Ethereum Magicians on September 28, aims to provide a universal interface for AI agents to interact with tokenized IP, enabling rights holders to register tokenized IP and attach licensing terms, based on which AI agents can verify authorization and acquire licenses in a single transaction.

Odaily: Wells Fargo raised its price target on Meta Platforms from $796 to $1,000, and on Alphabet from $411 to $417.

Odaily reports: Vitalik Buterin shared Nethermind's development progress and stated that Nethermind is continuously improving Ethereum's efficiency and operating speed. Nethermind core developer Ben Adams said that its Beacon Chain plugin has completed syncing and is ready for the Glamsterdam fork on Sepolia; running Ethereum's execution layer and consensus layer as a single application appears to introduce no significant additional memory overhead. The Ethereum Foundation previously confirmed that Glamsterdam will activate on Sepolia on October 6, and Nethermind 2.1.0 already supports this upgrade.

Odaily News: According to official sources, Gate CMO Kyle Chiu attended the CoinFerenceX closing roundtable on October 6, participating in a discussion themed "The Next Cycle: Bold Predictions for 2027." Kyle Chiu shared the stage with industry figures to exchange views on key trends of the next market cycle and the direction of the digital asset industry as it moves toward 2027.

As the digital asset industry accelerates its connection with equities, payments, and other financial scenarios, the boundaries of platform services continue to expand. Product integration capabilities and global service capabilities will also become important directions for the industry's next stage of development. During the discussion, Kyle Chiu drew on Gate's practices in digital asset trading, multi-asset services, payments, and global market expansion to share his observations on shifting user demands, industry growth drivers, and the evolution of integrated financial services. He stated: "By 2027, the category of 'crypto exchange' will no longer exist—there will only be exchanges." In his view, this is a true reflection of the accelerating dissolution of industry boundaries.

This edition of CoinFerenceX brought together global industry founders and investors to exchange views on market cycles, artificial intelligence, and other topics. Kyle Chiu's participation in the closing roundtable presented Gate's thinking on the new round of market changes, as well as the platform's long-term positioning in digital assets and diversified financial services.

Odaily reports: 26-year-old crypto figure Adam Iza has been sentenced to 78 months in prison and ordered to pay $23.4028 million in restitution for hiring off-duty Los Angeles County Sheriff's Department deputies to harass disputing rivals, defrauding Meta of more than $37 million, and concealing the proceeds through cryptocurrency custodians.

Adam Iza had previously been sentenced to 15 years in prison for attempted Bitcoin robbery. This 78-month sentence will run concurrently with that judgment, meaning his actual time served will not increase. Five former Los Angeles County Sheriff's Department deputies were convicted for their involvement in related activities.

Between December 2020 and 2022, Adam Iza obtained Meta business management accounts and associated credit lines and resold them to advertising companies, causing Meta clients to be charged for ads they had not purchased. He obtained at least $36.3608 million in revenue through company accounts, causing $13.2862 million in losses to the IRS, while also concealing ownership of Zort and transferring company revenue to cryptocurrency custodians. (Decrypt)

Odaily reports that according to MSX.COM data, Constellation Energy surged in U.S. pre-market trading and is now up over 5%.

It was previously reported that Google signed a 20-year power purchase agreement with Constellation Energy, which will add 890 megawatts (MW) of reliable nuclear power capacity to the PJM interconnection grid. The agreement will create approximately 7,200 jobs and involve a $4.3 billion investment.

Odaily: The Hong Kong government has reiterated that it will submit amendments to the crypto asset licensing bill before the end of 2026, establishing a licensing regime covering digital asset trading, custody, advisory, and management services. Hong Kong Secretary for Financial Services and the Treasury Christopher Hui stated that the amendments will respond to developments in the fintech sector.

In January of this year, Christopher Hui disclosed that regulators planned to submit crypto asset regulatory proposals before the end of 2026. The Hong Kong Monetary Authority (HKMA) has begun processing stablecoin issuer license applications and in April granted the first batch of stablecoin issuer licenses to Anchorpoint Financial and Hongkong and Shanghai Banking Corporation. (Cointelegraph)

Odaily: Citi raises AMD (AMD.O) price target from $575 to $800. (Jinshi)

Odaily reports that Spencer Applebaum, Co-Head of Venture at Multicoin Capital, disclosed that HYPE remains Multicoin Capital's largest holding. Prediction markets show a 68% probability that HYPE will reach $100 in October.

Odaily News: Pump.fun holds $2.8 billion in on-chain assets, of which $2.19 billion is its PUMP token, distributed across multiple wallets; it also holds $336 million in wrapped SOL and $215 million in USDC and USDT. The relevant wallets include the PumpSwap liquidity pool, which holds hundreds of Meme coins issued by the platform, among which TROLL is worth $1.69 million, making it the Meme coin with the highest holding value.