Odaily reports that victims of the Drift hack, a perpetual contract exchange on Solana, began filing claims on October 1. The recovery pool's initial funding stands at approximately $3.11 million against nearly $295.4 million in verified losses. Victims can redeem USDT through DFX tokens, with each $1 of loss converting to roughly 1.04 cents at launch, meaning a $1,000 loss corresponds to about $10.40.

The total supply of DFX is fixed at 299,500,810.998 tokens, with each token corresponding to $1 of verified loss from the April incident, and no additional tokens will be minted. Holders can choose to burn DFX to redeem USDT, sell on secondary markets such as Raydium, or continue holding their claims. Completed redemptions are irreversible, and unclaimed tokens will expire after the claims window closes on January 1, 2028.

Future funding for the recovery pool includes a portion of daily net protocol revenue from Velocity, the rebranded exchange rebuilt by Drift, up to $127.5 million in USDT committed by Tether, $20 million in USDT committed by strategic partners, and recovered stolen assets. On the first Friday after claims opened, approximately 216,480 DFX tokens were redeemed for about 2,250 USDT, with Velocity's first revenue transfer amounting to 31 USDT; approximately 13,025.9 ETH is spread across 4 Ethereum wallets, another approximately 2,309.4 ETH passed through Tornado Cash, and about $9.2 million in assets have been frozen at other addresses. (Bitcoin.com News)

Odaily News: The Independent Community Bankers of America (ICBA) filed a lawsuit on Friday against the Office of the Comptroller of the Currency (OCC) in the U.S. District Court for the District of Columbia, challenging its authority to grant national trust bank charters to crypto firms and asking the court to vacate the final rule dated March 2, 2026, and Interpretive Letter No. 1176.

ICBA President and CEO Rebeca Romero Rainey said the charters give crypto firms the credibility of a federal bank charter without requiring compliance with federal deposit insurance, capital and liquidity standards, and the Community Reinvestment Act. The ICBA also seeks to revoke Protego Holdings' conditional charter, citing deficiencies in its governance and risk controls.

The lawsuit involves digital asset firms that have applied for or obtained OCC charters, including Circle, Ripple, Paxos, Fidelity, BitGo, Kraken parent company Payward, Block, and World Liberty Financial. Senator Elizabeth Warren separately accused the approvals of being unlawful, drawing pushback from the industry; the OCC plans to complete stablecoin rules under the GENIUS Act by November. (Decrypt)

Odaily: A crypto asset vault on Base had approximately 1,783 wstETH transferred out on October 4, resulting in losses exceeding $6 million. On-chain records show that the vault is controlled by a 3-of-7 Safe, and the identities of the seven signers have not yet been made public.

Security firms stated that the attacker borrowed aBaswstETH from the vault and swapped it for wstETH through Aave. Neither the Base chain itself nor Aave's core contracts have been identified as being exploited, and the specific authorization vulnerability remains unconfirmed. (Bitcoin.com News)

Odaily News: According to Onchain Lens monitoring, a trader bought 3.8 million SI on Robinhood Chain at an average market cap of $1.48 million for $5,670, then sold 2.3 million SI for $42,200, and still holds 1.6 million SI, worth approximately $31,000. The trader's cumulative profit reached $67,600, with a return rate of 1,190%, of which $27,700 is unrealized profit.

Odaily reports: Greenfield Capital, an early investor in Safe, has published an open letter stating that it has filed a regulatory complaint with the Swiss Federal Foundation Supervisory Authority (ESA) regarding the Safe Ecosystem Foundation. Greenfield Capital stated that it has never sold any SAFE tokens since investing in Safe in 2022, but the total assets held in Safe accounts have declined from approximately $6.6 billion at the beginning of 2024 to about $3 billion. Over the same period, total DeFi TVL grew by roughly 40% and stablecoin supply increased by 135%, while stablecoins within Safe grew by only 11%. The firm believes that Safe's share of the self-custody market is declining.

Greenfield Capital stated that about a year ago, it was unable to form a reliable judgment based solely on information provided by the Safe team, so it conducted an independent review together with former employees, major users, ecosystem developers, and other investors, and concluded that the issues identified all ultimately related to governance. The firm had previously requested refreshing the foundation's board of directors with experienced and independent members, restructuring management and bringing in operators with experience scaling infrastructure businesses, and having the board lead a review of strategy, product, organizational structure, and tokenomics while setting quantifiable key performance indicators. Greenfield Capital said that since late 2025, it has made these requests to the foundation both directly and through legal counsel, but the foundation only established a strategy committee without decision-making authority and appointed people from existing circles to fill board vacancies, which ultimately led to the filing of the regulatory complaint with ESA. The firm emphasized that this action is not a lawsuit against individuals and that it does not intend to take over Safe; its concerns are limited solely to foundation governance and board composition. It remains positive about the work of the Safe Labs operating team and will continue to cooperate as an ecosystem participant and Safenet validator.

Odaily reports that HyperLink announced on X that it has completed a $2.5 million funding round, with investors including Alliance, North Island Ventures, Reverie, Node Capital, Breed, and smartestmoney.hl. HyperLink stated that the protocol's routed trading volume reached $254 million last month, accounting for 0.1% of Hyperliquid's trading volume, with the next phase targeting 10% of trading volume.

According to Odaily, The White House posted on X platform that Trump has announced the establishment of a Super Intelligence Force to coordinate related work across the federal government, ensuring that "the United States continues to maintain its global leadership in the field of superintelligence."

Odaily Report: Michael Saylor once again posted Bitcoin Tracker-related information on the X platform, with the caption "More orange than ever."

Based on previous patterns, Strategy typically discloses Bitcoin holdings changes the day after such messages are posted.

Odaily reports that Strive Vice President Joe Burnett posted on the X platform, stating that he previously believed it was never too late to convert other assets into Bitcoin, but AI has introduced a new variable.

If superintelligent AI dramatically reduces labor scarcity within the next 5 to 10 years, accumulating capital by selling labor and acquiring ownership of scarce assets may become more difficult. By then, all 21 million Bitcoin may be close to being fully mined, and Bitcoin will remain scarce.

Odaily reports: The Japanese government has expanded sanctions against Russia, adding Russian cryptocurrency exchange Garantex to its asset freeze list, restricting payments and capital transactions with sanctioned entities.

The newly added asset freeze targets include 33 Russia-related organizations and 9 individuals, as well as restrictions on maintenance, insurance, and other services for 35 "shadow fleet" vessels identified as involved in transporting Russian crude oil.

Garantex had previously been sanctioned by the United States, the European Union, and other jurisdictions. (Cointelegraph)

Odaily News: According to Bitcoin News monitoring, Blink has released a full post-mortem of the September 19 attack: the attack resulted in the theft of a total of 6.61 BTC from 24 customer accounts. The company stated that the vulnerability had existed since October 2023, and any user with a free Blink account could potentially exploit it to gain customer-service-level privileges, take over customer accounts, and raise withdrawal limits. The attacker also obtained partial information from 3,817 accounts, including some phone numbers and email addresses; names, identity documents, addresses, passwords, and seed phrases were not leaked.

None of the 24 stolen accounts had two-factor authentication enabled. The attacker attempted 18 withdrawals from 9 accounts protected by two-factor authentication, all of which failed. Blink shareholders have fully reimbursed all affected customers.

About 5 of the stolen BTC were subsequently transferred through a cross-chain swap service. Blink is now offering a recovery bounty of up to approximately 3.3 BTC, with half of any successfully recovered funds to be distributed to those who provide valid leads and to the Bitcoin circular economy.

Odaily reports: Binance founder CZ stated in a recent interview that he was assigned to the low-security Lompoc II prison in California, where FTX founder SBF was later also detained.

Before entering prison, CZ assembled an advisory team to learn the rules of the prison cell block, and communicated with other inmates through one of his advisors to adapt to prison life.

In August 2024, CZ left Lompoc prison and was transferred to a halfway house, spending his final two weeks at a local jail due to immigration status issues; within 26 minutes of his release, his private jet took off.

Odaily report: According to GoPlus Security monitoring, a user fell victim to an address poisoning attack, losing approximately $305,000 in DAI. The attacker generated a fake address with the same prefix and suffix as the victim's intended transfer address, and sent small amounts of dust funds to the victim to trick them into incorrectly copying the address from their transaction history. GoPlus Security stated that such attacks have achieved automation in target discovery, address forgery, and money laundering through mixers. Users should verify the full address and conduct a small test transaction before making large transfers.

Odaily reports that according to on-chain analyst Ai Yi's monitoring, a whale withdrew 3,283.56 ETH from OKX 4 hours ago, worth $8.85 million, exceeding the 1,099 ETH deposited last time. Over the past week, the whale appears to have sold ETH at $2,709 and then re-entered a position at $2,695.

Odaily News: According to on-chain tracking platform Lookonchain, a wallet tagged as an Andrew Tate-linked address transferred 20,950 HYPE, worth approximately $1.87 million, to Binance on October 2.

The wallet purchased 122,826.9 HYPE at an average price of $4.48 on November 29, 2024, investing approximately $550,000; it sold 41,430 HYPE within two days, with most of the remainder used for staking.

Lookonchain estimates that this address's HYPE holdings have generated a cumulative profit of $7.24 million, representing a return rate of 1317%. The address still holds 42,417 HYPE, valued at approximately $3.7 million at the time based on the then-current price. (Bitcoin.com News)

Odaily News: Since Friday's market close, an address has established a long position of 94,700 CBRS on Hyperliquid, worth approximately $17.4 million. The price of CBRS rose nearly 11% over the weekend. The address stopped adding to its CBRS position 4 hours ago, after which the CBRS price fell back 3%. During this period, the address reduced its long positions in MU, INTC, and DRAM, with the reduction amount roughly matching the size of the newly added CBRS long position. Currently, the address's total long positions across the four aforementioned assets are close to $50 million; since mid-August, it has profited $17 million through NEAR and INJ trading.