Odaily News: According to Bitcoin News monitoring, a wallet tagged as the United States transferred 833.6 BTC, valued at $71.6 million, to a Coinbase Prime deposit address. Arkham data shows that 568.7 BTC of this is related to assets forfeited from HashFlare, and 264.9 BTC is related to funds from the Bitfinex hack. Transfers to a Prime deposit address do not necessarily indicate a confirmed sale; Coinbase also provides custody services for cryptocurrency held by the government, and a similar $288 million transfer occurred in July.

According to Onchain Lens monitoring, FalconX transferred 96,600 HYPE from its hot wallet to Coinbase, worth $8.01 million.

Odaily News: The National Football League (NFL) has joined the position opposing federal regulation of prediction markets such as Kalshi and Polymarket, and has filed an amicus brief with the U.S. Supreme Court. The related case may enter its final ruling stage.

Several other briefs were submitted to the U.S. Supreme Court this week, including filings from former regulator Gary Gensler and former Senator Chris Dodd. Chris Dodd once championed a bill under which the U.S. Commodity Futures Trading Commission (CFTC) argues it should have final regulatory authority as the overseer of prediction markets. (CoinDesk)

Odaily reports that according to Aptos monitoring, the Aptos Foundation has committed to locking and permanently staking 210 million APT, approximately 37% of the APT it held at the time of its mainnet launch. These tokens will not be sold or distributed. Foundation operations will be supported by the staking rewards generated from these tokens, rather than by selling the locked tokens themselves. Aptos stated that more updates will be released in the future, along with a complete tokenomics update.

Odaily News: Bitcoin News posted on X platform that U.S. federal prosecutors informed Judge Katherine Polk Failla that the U.S. Court of Appeals for the D.C. Circuit upheld the conviction of Bitcoin Fog founder Roman Sterlingov on September 25, supporting the trial of Tornado Cash defendant Roman Storm in New York. The appellate court determined that Washington, D.C. has trial jurisdiction, reasoning that law enforcement officers had deposited approximately $250 worth of Bitcoin into Bitcoin Fog from Washington, D.C. Prosecutors argued that since user Shakeeb Ahmed accessed Tornado Cash from his apartment in Manhattan, the same logic applies. Roman Storm released this letter and noted that FinCEN withdrew its 2023 mixer reporting requirement on the same day, citing concerns that the proposal could suppress legitimate activity.

Odaily reports: Papertrade, a synthetic perpetual protocol built on HyperEVM, has announced that pre-deposits are now live, allowing users to complete deposits and account creation over the next two days. According to the team, once official trading begins, the priority for account creation and deposits will be significantly reduced. Depositing early helps avoid congestion at launch, though there is no additional advantage to depositing earlier during the pre-deposit period.

Papertrade uses Hyperliquid's order book BBO mid-price, with users trading directly against the protocol's LP. It focuses on high leverage, zero slippage, and no funding rates. The native token PAPER has an initial supply of zero, with no pre-mine, team, or VC allocation. The only source of minting is user losses or liquidations. In the initial phase after launch, PAPER will not be freely transferable and will primarily be used for staking. According to the official timeline, official trading is expected to begin approximately one hour after the HyperEVM network upgrade is completed on October 10, with the exact time subject to announcements on the Hyperliquid Discord. During the opening phase, trading must be conducted through the official website frontend and whitelisted relayers, while direct contract interaction will be opened once congestion eases.

Odaily News: According to the schedule of the IMF Annual Meetings in Bangkok, Federal Reserve Chair Warsh will participate in a moderated conversation at the International Monetary Fund (IMF) Annual Meetings on October 16 local time, corresponding to 12:30 Beijing time on October 16. Wall Street Journal reporter Nick Timiraos previously stated that this is a public appearance by Federal Reserve officials before entering the "blackout period" ahead of the October 27-28 FOMC meeting.

Odaily reports that Bitcoin Treasuries posted on X that Strategy's tokenized stock Stretch (STRCx) has reached a circulating market cap of $158 million, making it the world's largest tokenized stock, surpassing the tokenized equity of Elon Musk's SpaceX.

Odaily News: French Hill, Chairman of the U.S. House Financial Services Committee, said he hopes to push for the approval of the CLARITY Act during Congress's lame-duck session after next month's midterm elections. He believes that permanent legislation is needed to ensure the United States maintains its lead in digital assets and blockchain technology.

French Hill previously pushed for the FIT21 Act, and stated that the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) are defining digital assets and digital commodities under existing regulatory authority, but such policies are still insufficient to replace a legislative solution.

Last month, the CLARITY Act failed to secure the required votes in the Senate's vote to end debate, with a tally of 49 in favor and 50 against.

Analysts pointed out that agency regulatory rules are more easily modified or revoked by a new administration, making it difficult to provide the certainty that congressional legislation can offer. Law firm Troutman Pepper Locke said that future administrations could adjust rule interpretations and enforcement priorities. (Bitcoin.com News)

Odaily Planet Daily News: According to the Financial Times, financial documents shared with investors show that OpenAI's annualized revenue is about $20 billion less than previously signaled. (Jinshi)

Odaily News: The International Monetary Fund (IMF) stated that the tokenized financial market is growing rapidly, but legal uncertainty, insufficient interoperability, and the lack of a widely recognized settlement asset could still limit its further development.

In its latest analysis, the IMF noted that as of July, the scale of tokenized real-world assets (RWA) was approximately $65 billion, still relatively small compared to the roughly $300 trillion in global capital market assets. Among these, tokenized credit products accounted for approximately $30.4 billion, money market funds approximately $17.5 billion, and tokenized equities approximately $2.3 billion.

The IMF stated that tokenized equities are attracting investors by supporting 24/7 trading and fractional ownership, but their liquidity is significantly lower than traditional markets, with actual volatility approximately 1.5 times that of traditional stocks. As the tokenized market expands, increased market correlation and leverage could amplify liquidity risks, concentrated selling, and risk contagion.

The IMF said tokenization could reshape financial markets, but future development will depend more on improved policy frameworks, market depth, trust mechanisms, and risk protection measures. Currently, since the market size remains relatively small, the systemic risks posed by tokenized assets are limited. (Cointelegraph)

According to Gate data, U.S. and Brent crude oil both fell $2 in a short-term move, trading at $90.24 per barrel and $102.34 per barrel, respectively. WTI crude oil futures plunged in a short-term move, with gains falling back to 2.9% to $90.9 per barrel, after earlier rising more than 5%.

Odaily News: US President Trump stated: We are holding productive discussions with the Islamic Republic of Iran, and I want to make one thing clear to everyone: despite Iran being in a very bad situation both economically and militarily, despite the blockade continuing to be fully enforced, and despite oil flowing through the Strait of Hormuz at record barrel counts (22 million barrels just last night, none of which came from or were destined for Iran!), we will not attack Iran at any time before the US midterm elections on November 3. Iran will not have nuclear weapons.

Odaily News: U.S. President Trump stated that the White House will treat anyone who uses the term "artificial intelligence" instead of the highly accepted and more accurate new term "superintelligence" as an enemy.

Odaily News: Vishal Khanduja of Morgan Stanley Investment Management is one of the standout bond investors. As yields rose to 20-year highs and began to weigh on economic growth, he turned bullish on US bonds for the first time in a decade. Khanduja co-manages the $4.1 billion Eaton Vance Total Return Bond Fund with Brian Ellis. As of June, the fund had increased its duration—a measure of interest rate risk—to 6.07 years. Khanduja, head of the broad market fixed income team, said this was the fund's first duration overweight in more than a decade.

Odaily report: AllianceDAO co-founder QwQiao posted that almost no one can currently break modern cryptography, and only a very small number of laboratories may possess the relevant capability. Even if these institutions had such technology, they would be unlikely to expose this strategic-level capability just to steal relatively low-value crypto assets. He believes that ordinary crypto asset holders do not need to panic excessively about this.