Odaily reports: The Securities and Futures Commission (SFC) of Hong Kong has released its financial review report on the securities industry, disclosing that the Hong Kong securities industry's net profit increased by 21% to HK$51.7 billion in the first half of 2026. Total net commission income and interest income from securities trading, futures and options trading, leveraged foreign exchange trading, and virtual asset trading amounted to HK$45.4 billion, up 13% compared with the second half of 2025; among this, virtual asset trading commission income was HK$99.3 million, a decrease of HK$15.5 million from HK$114.8 million in the second half of 2025, down 13.5% quarter-on-quarter.

Odaily News: Strive's SATA preferred stock issuance is expected to raise approximately $55 million for the week ending October 5. At a bitcoin price of approximately $82,800, this amount is sufficient to purchase about 638 bitcoins. Total SATA trading volume for the week was approximately $317 million.

SATA traded above its $100 par value on Monday and for most of Tuesday, but fell below par value from Wednesday through Friday, with issuance activity expected to pause accordingly. The 8-K filings submitted by Strive and Strategy on Monday will confirm the actual number of bitcoins purchased with the related funds.

As of October 2, Strive held 29,462 bitcoins, having purchased 2,000 bitcoins between September 28 and October 2 at an average price of approximately $84,422. Strategy did not sell any STRC between September 28 and October 4, and only acquired 334 bitcoins through the sale of MSTR common stock. (Bitcoin.com News)

1. Cumulative protocol revenue exceeds $1.4 billion, with Hyperliquid perpetual contracts contributing nearly 90%;

2. A-share account openings in the first three quarters approach last year's full-year total, with only September seeing fewer than 2 million new accounts;

3. With $450,000 in unrealized profit, two addresses went long on 7.2 million SYN on Aster DEX, achieving a peak return of 116%;

4. A Hyperliquid whale holds $32.36 million in Bitcoin short positions, opened at 13x leverage with an entry price of $82,863;

5. Maintaining zero Bitcoin holdings, Bitdeer sold 300.6 BTC this week;

6. Valued at approximately $12.4 million, the Triple-A hacker transferred 4,970 ETH to Tornado Cash;

7. Valued at $12.21 million, two newly created wallets withdrew 280.75 million Lobster tokens from exchanges over 3 days, accounting for 28.08% of total supply;

8. The Ledger incident has raised concerns about hardware wallet security, with OneKey's founder stating they will upgrade "last-inch" protection.

Odaily News: Robinhood ecosystem AI project orbio has announced the completion of a $1.2 million seed funding round, with investors not yet disclosed. The project's main business is building systems that allow agents to self-configure computing resources, hardware, and high-performance private infrastructure, as well as creating an AI model credit trading marketplace that offers discounted credit trading for over 400 AI models, including Claude Fable and GPT Astra. Public information shows that orbio was launched on the Pons platform, with Nvidia stock tokens as its base pool. As of press time, the ORBIO token has a market cap of $53.42 million, with a 24-hour gain of 26%. The relevant token has relatively low trading volume and significant price volatility, so investment requires caution.

Odaily News: On October 10, the implied probability of a 25 basis point Fed rate hike in October is approximately 15.5%. Trader tetrose holds 297,800 related Yes positions worth $46,200, with a floating loss of $23,600; his BTC short position is 20.95 BTC, worth $1,734,500, with a floating loss of $6,491; he also holds a short position in the S&P 500 index worth $2,711,500, with a floating loss of $1,666. The combined notional value of the two short positions is approximately $4.45 million.

Odaily News: The "State Council's Opinions on Developing New Quality Productive Forces" proposes promoting the deep integration of the real economy and the digital economy, optimizing the layout, construction, and operation of national data infrastructure, carrying out in-depth actions for the digital transformation of manufacturing, implementing projects such as "Channeling Computing Resources from the East to the West," intelligent manufacturing, and innovative development of the industrial internet, and building a nationally integrated computing power network and a national blockchain network. The opinions also propose improving the policy system for promoting digital industrialization and industrial digitalization, and building digital industry clusters with international competitiveness.

Odaily News: A whale previously purchased 25 million POL at approximately $0.1228, investing about $3.07 million. Subsequently, the whale used POL as collateral on Aave, borrowing approximately $1.4 million for trading on Binance. As the POL price declined, the whale withdrew $1.4 million to repay the loan and retrieve the collateralized POL, then transferred 10 million POL to Binance, worth approximately $987,000, potentially facing a loss of nearly $400,000 if sold.

Odaily reports that according to Lookonchain monitoring, an old wallet address had been operating securely for 8 years. After more than 4 years of dormancy, the address transferred funds to a new wallet one month ago, and subsequently CryptoBillis Ledger Drainer stole all 59 ETH from that wallet, worth $146,800.

Odaily reports: According to an official announcement, Papertrade, a synthetic perpetual protocol built on HyperEVM, is expected to launch for trading at 22:00 tonight, with deposits set to be paused at 13:45 UTC. As of now, the protocol's pre-deposits have exceeded $90 million, with a total of 7,280 addresses participating. Papertrade opened pre-deposits on the 9th, and once trading begins, the priority for account creation and deposits will be lowered.

Papertrade is a fully on-chain synthetic perpetual trading platform deployed on HyperEVM. It reads the BBO mid-price from the Hyperliquid order book, and users trade directly against the protocol's LP as the counterparty, rather than using traditional order book matching. It features 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 launch phase, PAPER cannot be freely transferred and is primarily used for staking.

Odaily reports: On-chain detective Specter posted on X platform stating that Serpin issued a token and conducted an ICO for a project that originally did not need a token, and had previously said it would not issue a token; the project remained inactive at TGE, with the token only listed on Coinbase with low liquidity, and not listed on exchanges such as MEXC or KuCoin. Specter stated that participants need to go through a lengthy verification process to recover 85% of their funds, and questioned why the project team does not fully refund participants for its own decisions and mistakes; the project was originally planned to conduct its TGE in September, but was later delayed.

Odaily News: OneKey founder Yishi posted a statement saying that the recent asset loss incidents involving Ledger users have drawn community attention to the security of hardware wallets. The risk may not come from the secure chip itself, but rather from the gap between the protected chip and the display screen that users trust — the so-called "last centimeter." Hardware wallet security needs to cover the entire process of production, transportation, storage, and distribution. Users are advised to purchase devices through official channels, complete packaging inspections and official verification, as sensitive data may be exposed during transmission.

Yishi stated that as of October 10, OneKey has not received any reports of user fund losses caused by this incident. In response to supply chain attack risks, the company plans to make improvements across multiple areas, including packaging, mnemonic phrase display pathways, motherboard communication, reseller authorization, and user verification information. Among these, OneKey will introduce a backup process that does not require displaying the mnemonic phrase on the device screen, and will prioritize strengthening encryption of sensitive internal communication links on the motherboard to reduce the risk of hardware implant attacks obtaining recovery phrases.

According to official data, 24 hours after Gate WCTC S9 global trading competition opened registration, cumulative registrations surpassed 21,000, with 2,454 teams already formed. This season's competition features a super prize pool of up to 6,000,000 USDT, dynamically unlocked based on the number of valid traders, covering multiple tracks including spot, ETF, flash swap, stocks, futures, and TradFi.

The team competition offers a maximum prize pool of 3,200,000 USDT, with rankings based on platform-wide trading volume, CFD trading volume, and returns, split into first and second halves; the individual competition offers a maximum prize pool of 400,000 USDT. In addition, the competition features a BTC/USDT event contract PK with a prize pool of up to 400,000 USDT, a Lucky Launchpad with a 725,000 USDT prize pool, as well as a 1,000,000 USDT peripheral activity prize pool and 275,000 USDT in fixed bonus rewards, covering scenarios such as team assembly, new user participation, and livestream interaction.

It is reported that Gate WCTC S9 will officially kick off on October 26 at 16:00 (UTC+8) and run until November 25 at 16:00 (UTC+8). Users can register before November 25 and join the team competition or participate in the individual competition according to the competition rules.

Odaily reports that the Triple-A attacker has transferred 4,970 ETH (worth approximately $12.4 million) to Tornado Cash. The hacker stole assets from the proprietary vault of payment service provider Triple-A in July of this year, with publicly estimated losses of approximately $11.8 million. After bridging the funds to Ethereum and swapping them, the attacker split the funds into two intermediate addresses on September 6; on October 9, the funds were consolidated through a single wallet and deposited into Tornado Cash in 49 transactions of 100 ETH each and 7 transactions of 10 ETH each, totaling 56 transactions, with one fund flow also containing an earlier mixer withdrawal. Triple-A previously stated that the incident did not affect customer funds.

Odaily News — A whale trader on Hyperliquid holds a short position of 391.48 BTC, valued at $32.36 million, with an average entry price of $82,863.10. The account has $7.19 million in equity, uses cross margin with 13x leverage, and has a liquidation price of $99,801.20.

According to Hyperbot data, the account has executed a total of 4,726 trades, with perpetual contract profits of $952,200 over the past week and a maximum drawdown of 11.03%. As of the time of disclosure, the short position is profitable by approximately $75,500, with funding fees of $64,249.75.

This position emerged on the one-year anniversary of the massive crypto market liquidation event on October 10, 2025. Hyperliquid's Bitcoin market open interest is approximately 38,040 BTC, with this account's position accounting for about 1% of it.

Coinglass data shows that if Bitcoin rises to $85,000, approximately $3.3 billion in short positions would face liquidation. Polymarket data indicates that the probability of Bitcoin reaching $100,000 before December 31, 2026, is 27.5%. On October 9, spot Bitcoin ETFs saw net inflows of $21.13 million, with BlackRock's IBIT leading the way. (Bitcoin.com News)

Odaily News: Blockchain ecosystem project CogniGrid (CG) has announced that its ecosystem platform is scheduled to officially launch globally on October 12, 2026, with the AI quantitative trading functionality module opening simultaneously. The platform is building its ecosystem around intelligent computing power and AI quantitative trading applications, aiming to promote the integrated development of intelligent technology and digital finance application scenarios.

The official launch schedule shows that partner sales will close on October 10, and the period from October 10 to 12 will be dedicated to data migration, system deployment, and launch preparation. Upon completion of these tasks, the platform will officially commence its global launch on October 12, ushering in a new phase for subsequent ecosystem development and market expansion.

Odaily News: Bitcoin life insurance company Meanwhile has announced the completion of a $37.5 million funding round led by Bain Capital Crypto, with participation from Haun Ventures, Framework Ventures, Pantera Capital, Apollo, Northwestern Mutual Future Ventures, and Morgan Creek Digital, among others. The company's cumulative funding has now exceeded $180 million.

Meanwhile is headquartered in Bermuda and is licensed to conduct insurance business entirely in Bitcoin. The company stated that an unstable macroeconomic environment has driven increased demand for Bitcoin life insurance policies in markets across Asia, Europe, and the Middle East.

In early 2026, Meanwhile launched BTC Life 1-Pay, a single-premium whole life insurance product, for high-net-worth clients outside the United States, following the earlier launch of BTC 10-Pay for U.S. taxpayers. Policies can be held by individuals, trusts, or corporations for inheritance and estate planning purposes. (Cointelegraph)