Odaily News — According to on-chain analyst Ember, 4 hours ago, 2 wallets associated with the Ethereum Foundation (0x4c4...2b94, 0x999...0229) transferred 4,393 ETH to Kraken, worth $11.13 million. The wallet that transferred out ETH today received 59,800 ETH from an Ethereum Foundation wallet 10 years ago, of which 49,800 ETH was gradually transferred to Kraken over the past 10 years at an average price of approximately $658.
Odaily reports: Coinbase CEO Brian Armstrong posted on X that after fine-tuning the open-weight model Qwen3.5-9B using Coinbase's internal proprietary data, the model surpassed frontier large models in the specific task of fraud prevention, while significantly reducing costs and running faster.
Armstrong believes that in the future, enterprises will increasingly adopt the approach of fine-tuning specialized models for specific tasks, and specialized models are expected to surpass general-purpose frontier models in certain niche tasks. Currently, Coinbase has integrated a model fine-tuning Skill into its internal AI tool framework, allowing employees to initiate the model fine-tuning and deployment process through simple instructions. He also predicts that in the future, some backend services may be completely replaced by this new architecture.
Odaily reports: A research report from CICC states that in the first half of 2026, the A-share technology growth style benefited from high prosperity in areas such as the AI industry chain and high-end manufacturing, continuing its structural market performance. Since July, negative narratives surrounding the global AI industry chain have increased, combined with tightening expectations for overseas liquidity and rising uncertainty in Middle East geopolitical tensions, the growth sectors that had previously performed strongly in the A-share market have undergone significant corrections. Against the backdrop of increased volatility in the growth style and declining market risk appetite, the relative allocation value of dividend assets deserves renewed consideration.
Overall, in an environment characterized by limited elasticity in aggregate growth, the coexistence of structural high prosperity and increased volatility in market risk appetite, the barbell-shaped structure of "tech + dividends" is expected to become an allocation choice that balances profit growth elasticity, shareholder cash returns, and portfolio stability. On the technology side, it is recommended to focus on companies with clear industry trends, long-term competitive advantages, and the ability to deliver on earnings; on the dividend side, focus on high-quality companies with stable earnings and cash flow, sustainable dividends, and reasonable valuations. (Jinshi)
Odaily News: The crypto market remains range-bound. Bitcoin rose 0.82% this morning, breaking above $84,000, while Ethereum is trading at $2,535, BNB at $754, and SOL at $111. The total crypto market cap declined 0.3% in 24 hours to $2.894 trillion.
In terms of sectors, Layer 2 scaling and modular sectors stood out. MAGIC surged 38.96% in 24 hours to $0.1359, while S, W, LUMIA, PLUME, and STRK gained 27.81%, 24.26%, 21.44%, 21.21%, and 20.52% respectively.
Odaily News: According to Gate data, Germany's DAX 40 (GER40) has risen above 25,200 points, currently at 25,210.40, up 0.2% from the previous trading session's close.
According to Odaily, citing Gate data, South Korea's KOSPI index fell more than 1% intraday, with SK Hynix down 2.44% and Samsung Electronics down 2.42%.
Odaily News: The XRP Ledger Foundation posted on the X platform to clarify the recent XRP Ledger security vulnerability incident, stating that the vulnerability could potentially have been used to bypass the limit that fixes XRP's total supply at 100 billion, but it was fixed two weeks ago via version 3.4.1. Furthermore, upon verification, no new XRP was found to have been created, and the total amount of XRP currently circulating on the ledger is approximately 99.986 billion.
The Foundation stated that the vulnerability would have required hundreds of deliberately constructed operations to trigger, and normal payment transactions would almost never involve it. In the future, it will strengthen formal verification, AI adversarial testing, security research collaboration, and bug bounty programs with RippleX and the community. Regarding the fix process, the Foundation explained that publicly releasing a patch could allow attackers to use AI to accelerate vulnerability analysis. To address this situation, the XRPL community engaged in coordination. Participating parties including the XRP Ledger Foundation, RippleX, core developers, and validators reached a social consensus and agreed to adopt the approach of directly releasing the fix. In addition, version 3.4.1 only became a version the network was required to adopt after going through the normal amendment voting process and receiving support from more than 80% of validators for two consecutive weeks. Protocol changes still need to be completed through the amendment mechanism.
Previously, RippleX engineering lead J. Ayo Akinyele also posted on the X platform, stating that he attaches great importance to the recently disclosed critical vulnerability in the XRP Ledger (XRPL) payment engine. This vulnerability is a serious security issue that has existed in the codebase for more than 10 years and could theoretically lead to the over-creation of XRP, breaking through the fixed supply cap. However, before the vulnerability could be exploited, it was discovered by the security research firm Veria AI through Ripple's bug bounty program.
According to Odaily, billionaire Adam Weitsman posted on X platform that he purchased 117 Pudgy Penguins NFTs on-chain this weekend. Adam Weitsman stated that Pudgy Penguins is one of his favorite NFT collections, and he hopes this purchase will support the project, adding that "the penguin community will continue to stay strong."
Odaily reports that Arthur Hayes posted on X that he received cellular medicine services through VeritaHealthHQ during Token2049 and shared the development approach of FLOP Labs. He has now returned to work, and the FLOP Testnet will go live in a few weeks.
Odaily reports that SlowMist's Cos posted on X platform stating that the strongly correlated cases he is following up on include the Ledger Flex; in addition to the widely known Ledger Nano X, Ledger's mainstream series may have been tampered with at its reseller CryptoBills.
Odaily reports that data shows the probability of the Fed raising rates by 25 basis points in October has dropped to 17%, while the probability of keeping rates unchanged has risen to 84%. The trading volume for related prediction events has reached $32 million.
Odaily: Bitcoin News posted on X platform that, according to reports, the first Ledger Stax hardware wallet found to contain an unauthorized hardware implant is capable of transmitting users' seed phrases to attackers. The suspected modification includes a Nordic nRF9151 4G/LTE cellular modem, which may be used to transmit stolen seed phrase data and does not exist in genuine Ledger devices; additional unauthorized components were also installed next to the modem. A cable runs across the battery and connects to an antenna hidden inside the back cover.
According to Odaily, Bitcoin News posted on X that the EU is reviewing MiCA, and the related consultation involves requiring developers of non-custodial Bitcoin wallets to obtain certification before offering software to the public. The European Securities and Markets Authority (ESMA) stated that open-source development, self-custody, automated smart contracts, and permissionless infrastructure should not automatically be regarded as regulated intermediaries, while also proposing a new regulated service for crypto asset service providers that offer clients access to decentralized protocols. This review has not yet changed the current rules. The European Commission will evaluate the relevant feedback and, in accordance with Article 140 of MiCA, submit a review report by June 30, 2027.
Odaily News: Russia's largest stock exchange, the Moscow Exchange, is conducting a pilot for crypto trading with professional participants and plans to launch regulated cryptocurrency trading services on December 1. Boris Blokhin, Managing Director of the exchange's securities market, said that relevant testing began a week ago.
Boris Blokhin noted that the Moscow Exchange's existing license already covers cryptocurrency trading services, and no additional permits or licenses are required. Russia's relevant cryptocurrency market regulations took effect on September 1, allowing citizens to trade cryptocurrencies on domestic exchanges licensed by the Bank of Russia.
Investors who do not qualify as accredited investors will face investment amount limits, and trading will be restricted to Bitcoin, Ethereum, and USDT. Sberbank estimates that Russia's cryptocurrency trading volume will reach at least 4 trillion rubles in the first year, with only 20% completed through exchanges, while the remaining approximately 80% will still occur through unregulated channels. (Bitcoin.com News)
Odaily: According to a post by Bitcoin News on X, Ledger stated that the number of affected devices is limited, and as of now, all confirmed cases related to the October 9 fund theft incident involve devices sold through Southeast Asian distributor CryptoBilis. Ledger's internal systems and direct sales channels were not affected. CryptoBilis has suspended all hardware wallet sales, and Ledger is cooperating with law enforcement and contacting affected customers. Ledger advises CryptoBilis buyers not to initialize unused devices; users who have already completed initialization should transfer their funds to a new wallet using a new seed phrase. The investigation is still ongoing.
Odaily: Brian Armstrong posted on X that with the Deribit integration complete, Coinbase's institutional platform capabilities have been further enhanced.
