Odaily reports: Nine blockchain organizations announced on Thursday the formation of the Quantum Alliance, aimed at developing "quantum-ready" standards and establishing unified testing and validation methods for the quantum resilience of networks, wallets, and infrastructure.

The Quantum Alliance operates by reference to the Internet Engineering Task Force (IETF), with founding participants spanning underlying protocols, privacy networks, Rollups, hardware wallets, and security auditing, including Quantus, Postquant Labs, Midnight Foundation, Keystone, Abelian, and Hacken. Its work is divided into four groups: blockchain migration, post-quantum zero-knowledge systems, wallet security, and cross-chain compatibility.

The Quantum Alliance stated that elliptic curve signatures leave approximately 6.04 million BTC, about 30% of the total supply, exposed to quantum risk. If a sufficiently capable quantum computer runs Shor's algorithm, it could theoretically reverse-engineer private keys and take control of the related assets.

Citing multiple forecasts, the Quantum Alliance said the relevant risk window may lie in the late 2020s, with one model marking March 2028 as an earlier window; a Google Quantum AI study lowered its estimate of the number of qubits needed to break Bitcoin's cryptography to fewer than 500,000. (Decrypt)

Odaily reports that Michael Saylor posted on X platform stating that this week at ParaFi Investor Day he introduced digital capital, credit, and equity, and held a fireside chat with Jeff Park to discuss digital assets, digital intelligence, and the future of finance. The presentation covered topics including Bitcoin as digital capital, CLARITY regulation, Bitcoin banking adoption, reshaping gold-backed credit with STRC, STRC returning to par value, Bitcoin gain per share, Strategy's triple flywheel, shifting from quarterly dividends to daily dividends, Bitcoin-backed stablecoins, adoption by digital credit institutions, as well as digital currencies, derivatives, exchanges, regulation, and product development in the AI era.

Odaily: Analyst Killa posted on X that Bitcoin rose over the past 3 weekends and then reversed on Monday. When greater downward pressure occurs over the weekend, the market typically sees the opposite move; if Bitcoin rises into the weekly close, Monday is worth watching closely, and if it starts to fall over the weekend, the last time a similar situation occurred, Bitcoin subsequently rose.

Odaily reports: According to Odaily monitoring, a certain address's contract account has accumulated profits exceeding $128 million. Between 21:37 and 22:01 on October 17, 2026, it reduced its ETH short position by approximately $10.35 million, realizing a loss of about $207,000 on the closed portion. As of 22:11, its ETH short position was worth approximately $198 million, down from about $208 million previously.

Address: 0xb83de012dba672c76a7dbbbf3e459cb59d7d6e36

Odaily reports: According to SecuX's official account and monitoring by Ripple CTO David "JoelKatz" Schwartz, hardware wallet manufacturer SecuX announced on October 16 that its App was undergoing a "major system upgrade and emergency maintenance," and stated at 15:34 that day that services had "resumed normal operation." That same evening, David "JoelKatz" Schwartz disclosed that the SecuX Android App had pushed a fraudulent notification to him, which upon clicking redirected to a phishing page designed to induce users into entering their 12 or 24 mnemonic words. SecuX did not explain the cause of the incident and only reiterated that it would never request recovery phrases. As of October 17, multiple users reported that they still could not access their wallets, and the service remained unavailable.

Odaily reports: “AI Stock God” Leopold Aschenbrenner’s fund Situational Awareness will disclose its equity holdings as of the end of the third quarter on November 16, covering the period from July 1 to September 30. The fund is said to have achieved a 439% return in the first half of this year, mainly by betting on SanDisk (SNDK) and Micron (MU) and using about 4x leverage. However, during the AI concept stock decline in July, its portfolio is said to have fallen by about 67% at one point, after which it sold the related stocks, and Citadel is said to have bought a considerable portion of them. In addition, Situational Awareness has also bought stocks including AMD, Bloom Energy (BE), CoreWeave (CRWV), and SanDisk, involving an amount of about $315 million.

Odaily reports: The STRK contract on Hyperliquid is currently trading at $0.0665, down about 13% from the previous day's reference price. Two whale addresses holding STRK long positions have respectively incurred large unrealized losses and liquidation losses. The largest STRK long address holds about 64.2 million STRK in long positions, with a position value of about $4.25 million, using 5x cross margin leverage, and is currently down about $1.019 million in unrealized losses, with a position return of approximately -96%. Another address's STRK long position was liquidated tonight, with about 21.36 million STRK forcibly liquidated, worth about $1.466 million, and an actual loss of about $207,000. The address subsequently opened another long position of about 4.79 million STRK, with the latest position value of about $319,000, using 5x isolated margin leverage, with a liquidation price of approximately $0.059.

Odaily reports: Solana has gone two consecutive years without reporting a mainnet outage. A report from Fidelity's Applied Technology Center (FCAT) notes that its network health has made progress across resilience, economic security, and performance metrics.

The report notes that higher staking participation and incentive mechanisms rewarding validator performance underpin Solana's economic security, while low latency, improved scalability, and low-cost transactions also support its adoption at scale.

The report also states that staking concentration among a small number of validator identities and operators, as well as concentration in custody and client software, still require continued observation. Jacob Creech, VP of Technology at the Solana Foundation, said that Solana reduced slot times to 350 milliseconds on August 21; the foundation announced plans in June to further reduce this to 200 milliseconds, with three additional 50-millisecond adjustments to follow. (Cointelegraph)

Odaily — According to the official incident report disclosed by UNCX Network, on October 14, an attacker exploited a set of public vesting operations in Smart Token Vesting V2 to create an inconsistency between the token balance in the pool and the recorded shares, enabling excess tokens to be withdrawn from controlled positions. The attack affected four networks—Ethereum, BNB Chain, Base, and Robinhood—and 10 types of tokens, with a total of 11 confirmed withdrawal transactions. The verified economic value is approximately $807,600, of which BNB Chain accounts for about $567,500. None of the involved calls used admin privileges. Following the incident, white hats have returned 82.1435 million X tokens and 23.8682 ETH, and there are currently no major tokens pending disposal.

Odaily: According to Ki Young Ju, founder of CryptoQuant, the team behind TRUMP earned $779 million to $1.16 billion in profits from token holders, while buyers lost 97%.

Odaily: Arthur Hayes stated that the so-called crypto quantum threat is a known and manageable risk, not a reason to sell Bitcoin. The truly practical protection lies in proper wallet management, including avoiding address reuse and using newer signature types; most of the risk is concentrated among users with poor address management practices.

1. Vitalik: Bitcoin mining costs are roughly split between computing power capital expenditure and electricity costs, while AI inference costs mainly come from computing power investment;

2. Tom Lee: Cryptocurrencies and other assets have pulled back to support levels, and with solid fundamentals, the risk-reward is attractive;

3. Arthur Hayes: OpenAI and Anthropic have no value; the bigger the AI bubble, the higher Bitcoin's gains;

4. Stolen funds continue to flow into ZEC, involving the Cryptobills Ledger incident and a $12 million Triple-A hack;

5. Gold may come under pressure again this year, mainly because there is still great uncertainty about the Fed's next move;

6. Anthropic co-founder: AI could significantly boost U.S. GDP to $44 trillion;

7. Robinhood CEO reviews post-IPO transformation: return to growth through business diversification, platform customer assets exceeded $350 billion in Q2;

8. DeepSeek V4.1 Flash new version released, wish-style programming made real with one click.

Odaily Report: According to on-chain detective Specter's monitoring, after ZachXBT disclosed that the Bitget attacker used Zcash (ZEC) to obscure stolen funds, other stolen funds have also begun flowing into ZEC, including funds from the Cryptobills Ledger incident and the $12 million Triple-A hack. Threat actors are using ZEC to move stolen funds.

Odaily reports: BitMEX co-founder Arthur Hayes said on the Convergence program on October 16 that OpenAI, Anthropic, and SpaceX are all unprofitable, and that AI model companies rely on debt financing, equity financing, and implicit support from the U.S. government.

The Nasdaq 100 index fell 2.5%, and chip stocks declined for an eighth consecutive day, marking the longest losing streak since 2008. On October 17, Bitcoin's price was close to $81,400. A Bank of America analyst said the $1 trillion AI investment boom may follow a typical boom-and-bust cycle.

Hayes believes that the bigger the AI bubble, the larger the subsequent bailout will be, and the higher Bitcoin's price will go. He also said Bitcoin can reflect wasted capital. He also criticized token issuance methods, saying that retail investors who bought at TGE and then suffered a 95% drop were the ones who got hurt. (Bitcoin.com News)

Odaily: Hamad Hussain, climate and commodities economist at Capital Economics, judged on October 16 that gold prices may gradually decline over the remainder of the year. He listed two reasons: the Fed continuing to raise rates, and concerns that the AI boom is ending ultimately proving to be only temporary. This means his view on gold prices involves both interest rates and the outlook for the AI boom.

Bart Melek, Global Head of Commodity Strategy at TD Securities, said gold remains within a range and is leaning toward the lower edge of its support zone, mainly because there is still significant uncertainty over the Fed's next move. (Jinshi)

Odaily reports that on October 15, the Arbitrum Foundation opened its Stablecoin Growth Program to protocols with stablecoin balances of no less than $1 million, requiring selected teams to make USDG their primary stablecoin on Arbitrum One. The program features a 2 million ARB reward pool, with the first 10 teams to reach a 30-day average USDG balance of $10 million each eligible to receive up to 200,000 ARB, capped at a $200,000 reward. The reward pool is valid until December 31, 2027, and each participant may claim only once.