Odaily reports: Deutsche Bank is close to launching an institutional-grade crypto asset custody business and is expected to begin serving institutional clients within a few weeks. It will initially target German enterprises and professional investors, supporting assets such as Bitcoin and Ethereum, with technology jointly developed by Swiss digital asset infrastructure company Taurus. The service is not a retail-facing cryptocurrency trading app, and the relevant plans are still subject to regulatory approval. Deutsche Bank has also discussed tokenized deposits, digital securities, and the possibility of expanding to Asian financial centers in 2027.
Odaily: Coinbase's outstanding balance for crypto-backed loans has reached $2.3 billion, with the product launching in January 2025. Eligible users outside New York State can pledge Bitcoin to borrow USDC without selling their holdings, with loans routed through the Morpho decentralized lending protocol on the Base network. On September 22, Coinbase added fixed-rate loans through Morpho Midnight, and pledgeable assets have expanded to XRP, DOGE, ADA, and LTC. As of mid-September 2026, floating-rate loans have exceeded $1.4 billion, backed by approximately $3 billion in collateral.
JPMorgan's JPMD tokenized deposits have been running on Base for institutions since mid-2026, with Citi and BNY Mellon also advancing related initiatives, and multiple UK banks planning to launch related networks in 2027.
Odaily reports that on October 15, MSCI revised the eligibility rules for constituents of its global investable market indexes, tightening the definition of "non-operating companies" and placing Bitcoin treasury-type companies under stricter scrutiny. Strategy, led by Michael Saylor, has not been removed from MSCI indexes for now. MSCI said it will assess whether a company qualifies as "non-operating" based on its operational and financial characteristics, noting that companies holding digital assets may still have genuine operating businesses; existing constituents are also subject to a buffer mechanism, and the relevant consequences will need to be further clarified at the November index review.
Odaily — Grayscale has partnered with investment platform Republic to launch three crypto-focused funds with a minimum contribution of $2,500, themed around decentralized finance, AI, and blockchain data infrastructure. Accredited investors who meet U.S. securities regulations can gain exposure through managed vehicles without having to purchase the underlying tokens themselves. The products are not aimed at general retail investors; private placement products may be subject to resale restrictions, and position liquidity is lower than that of publicly traded ETFs, while the crypto assets within the portfolios remain volatile.
Odaily Report: Roughly half of the market value of the tokenized stocks issued by Coinbase has been deployed into DeFi protocols on the Base network, involving fractional shares of major companies such as Apple and Nvidia, and is open to eligible non-U.S. users on the Base platform. As of the time of reporting, approximately $262.4 million of such assets had been deployed in DeFi protocols, an increase of about 18x from $14.66 million at the start of 2026. These assets can be traded on decentralized exchanges and used as collateral for lending. Coinbase previously disclosed that DEX trading volume of tokenized U.S. stocks on Base reached $1.5 billion over the past 30 days, up 313% from the prior 30 days.
Odaily reports: According to Onchain Lens monitoring, two whales that had been dormant for 12 to 13 years transferred 416.6941 BTC to the same address. Among them, a wallet dormant for 13 years transferred 167.8402 BTC, worth $13.62 million; a wallet dormant for 12 years transferred 248.8539 BTC, worth $20.20 million. The original value of the above BTC was approximately $105,400, and its current value has increased by approximately $33.71 million.
Odaily reports: Polygon Labs has announced the completion of its acquisition of Coinme, a US-regulated crypto payment service provider, with plans to leverage stablecoin infrastructure to enter the payments market dominated by Visa and Stripe. Polygon Labs CEO Marc Boiron stated that the acquisition will help Polygon Labs own customer relationships and capture revenue that previously flowed to intermediaries; Polygon Labs has now become a payments-focused company that uses blockchain to move money. In January, Polygon Labs launched Open Money Stack to support stablecoin payments and cross-border transfers, and to charge fees for currency exchange and money transfers. Marc Boiron said the regulated payments business is expected to become profitable by 2027. Data shows that Visa's payment volume exceeded $12.3 trillion in fiscal year 2025, while Stripe's payment volume reached $1.9 trillion. Through the acquisition of Coinme, Polygon Labs will control more business processes in areas such as crypto asset, stablecoin, and fiat currency conversion, rather than handing customers over to third parties. Polygon Labs' unified payments platform is currently still in technical preview and not yet fully open; early users include Tazapay, Mesh, Toku, and Kira.
Odaily reports: Bitcoin News posted on X platform that former Mt. Gox CEO Mark Karpelès accused Ledger of failing to adequately alert customers to sophisticated hardware implants after learning of the relevant threat as early as March 2026, and of burying related warnings in Ledger Academy articles. Karpelès stated that evidence of mass-produced, self-aligning implants should have triggered a highest-level alarm response. After Ledger CEO Pascal Gauthier responded by referencing his Mt. Gox experience, Karpelès fired back, saying he had trusted Ledger to learn from his failures and do better than he did. Karpelès also criticized Ledger for continuing to downplay the incident and questioned its communication with affected customers.
According to monitoring by PPP prediction market tool, in the prediction event "CS2 Thunderpick World Championship 2026 Semifinal Team Falcons vs. BetBoom Team," a newly created account (0x57a85952044f2c8e4d31b475aab6987d2f98ebc2) purchased $482,000 worth of BetBoom to defeat Falcons, with an average entry price of 28.2¢ and 1,714,477.9 shares bought.
The match starts on October 18 at 1:00, with a BO3 format, and the winner advances to the final.
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According to Onchain Lens monitoring, a Hyperliquid trader's account address has been published. Previously, the trader held a TSLA short position worth $4.25 million for 1 day, making a profit of $241,700, a gain of 21.5%; the SKHX short position profited $1.34 million, the NBIS short position profited $1.17 million, the SPXC short position profited $552,400, and the XYZ100 short position profited $498,100; total unrealized profit was $3.65 million, with cumulative historical losses of $217,600.
Odaily reports: According to Onchain Lens monitoring, a trader on Hyperliquid holds a TSLA short position worth $4.25 million, which generated a profit of $241,700 after being held for 1 day, representing a return of 21.5%. The trader's other profitable short positions include: SKHX short position with a profit of $1.34 million, a return of 86.9%, held for over 3 days; NBIS short position with a profit of $1.17 million, a return of 104.1%, held for over 9 days; SPXC short position with a profit of $552,400, a return of 46.2%, held for over 9 days; XYZ100 short position with a profit of $498,100, a return of 32.5%, held for 4 days. The above positions have a combined unrealized profit of $3.65 million, while the trader's cumulative loss stands at $217,600.
Odaily: Jeremy Allaire posted on X that USDC issuer Circle is planning to expand into approximately 40 emerging markets across Southeast Asia, Latin America, Africa, and the Middle East.
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.
