Odaily: Bitdeer posted on X that as of October 16, this week's Bitcoin production was 294.2 BTC, all of which have been sold, with a net increase of 0 BTC. Its current Bitcoin holdings stand at 0 BTC, excluding customer deposits.

Odaily: Anthropic is privately lobbying US congressmembers to advance a draft frontier AI safety bill that would stipulate the government may only seek to suspend a model's operations when an AI model poses specific foreseeable and imminent risks that could cause more than $1 billion in economic losses or result in at least 50 deaths or serious injuries.

The draft limits regulatory trigger conditions to three categories of risk: the development or proliferation of biological weapons, AI models escaping developer control, and cyberattacks. It also requires AI developers to conduct transparent safety testing and undergo independent third-party assessments. Assessment agencies that identify relevant risks must report to the US Department of Commerce within 72 hours, after which the Department of Commerce would apply to a federal court to suspend the model's operations, with the final decision resting with the court.

Additionally, the draft proposes restricting the authority of other US government departments and officials to independently halt AI model development, deployment, or internal use. Anthropic stated that the proposal aims to establish a safety assessment mechanism while giving the government the ability to block the deployment of dangerous models. The draft is currently still in the lobbying stage and has not yet become law. (Reuters)

Odaily reports: Crypto KOL CM posted that the market may have already priced in the potential impact of Strategy (MSTR) being removed from MSCI-related indices, and even if passive fund selling follows, MSTR's stock price may not necessarily fall significantly further. MSTR closed down 9.56% yesterday.

CM pointed out that ordinary mNAV mainly measures the ratio of a company's market capitalization to the value of its Bitcoin holdings, while net mNAV further takes into account factors such as preferred stock and debt, better reflecting the valuation level of the company's stock relative to its net Bitcoin assets. Historically, net mNAV falling below 1 has been rare, and usually signals market concern about the company's operating conditions or valuation logic.

CM believes that Strategy's current cash reserves are theoretically sufficient to cover dividend expenses for roughly the next three years, and Bitcoin's price remains above the company's average holding cost of about $75,000, so the probability of net mNAV falling below 1 again is relatively low. If it does fall below this level later, it could instead become an investment opportunity.

Odaily reports: A Solana Foundation official stated that the U.S. GENIUS Act provides regulatory momentum for enterprises and financial institutions to enter the stablecoin space, and is also one of the important background factors behind Samsung's launch of stablecoin payment services. Samsung has announced that starting in the last week of October, it will support USDC cross-border transfers in Samsung Wallet, initially targeting eligible Galaxy users in the United States and covering approximately 82 million devices. Users can transfer USD stablecoins to compatible crypto wallets within seconds with no transfer fees, and can also send remittances to eligible bank accounts in more than 60 countries and regions. The service will use the Solana and Sui networks as its underlying infrastructure, with licensed stablecoin custodian Bastion providing transfer services and Coinbase Prime serving as sub-custodian responsible for safeguarding USDC assets.

Odaily: El Salvador purchased 1 Bitcoin for its strategic Bitcoin reserve today, bringing its holdings to 7,807 BTC. El Salvador became the first country to adopt Bitcoin as legal tender in September 2021, and has continued to purchase and hold Bitcoin through its government since then.

Odaily reported, according to Lookonchain monitoring, an address went long on 20.5 million AGT with 2x leverage on Aster DEX, worth $1.63 million, with an unrealized profit exceeding $1.26 million and a return rate of 155%.

Odaily Report: Binance founder CZ responded on X to the recent mass deletion of old tweets, stating that he was simply testing an AI tool to clean up past reposted content and did not delete any original posts.

CZ emphasized that this cleanup only involved old reposted content and there were no other special reasons, so the public should not overinterpret it.

According to Odaily on-chain analyst Ai Yi, a whale withdrew 2.455 million ONDO worth $1.144 million from Binance 12 hours ago. Currently, this address still holds $9.218 million worth of three major altcoins on-chain: 1.014 million UNI, worth $8.91 million, with an average withdrawal price of $8.79, currently at a floating loss of $1.551 million; 2.455 million ONDO, with an average withdrawal price of $0.4662; 12,400 LTC, worth $841,000, with an average withdrawal price of $67.86, currently at a floating loss of $101,000. The address appears to have fully liquidated BNB 6 days ago, with an estimated loss of $73,000.

Odaily reports: U.S. District Judge Alvin Hellerstein on October 15, 2026, declined to vacate the $5 million settlement agreement between crypto exchange Gemini and the U.S. Commodity Futures Trading Commission (CFTC), leaving the paid fine and permanent injunction in effect. Previously, the CFTC had stated that the original lawsuit should never have been brought.

The dispute stemmed from Gemini's involvement in proposed Bitcoin futures contracts. The CFTC filed suit in June 2022, alleging that Gemini misled regulators regarding trading safeguards, customer financing, special fee arrangements, and activities that could potentially affect contract pricing; the two parties settled in January 2025, with Gemini neither admitting nor denying the allegations.

In May 2026, following an internal review, the CFTC and Gemini jointly sought to vacate the settlement, citing issues with whistleblower credibility, evidence, and enforcement practices. The judge found that the relevant circumstances had existed prior to the settlement and that a change in enforcement priorities was insufficient to vacate a binding court order; the CFTC retains its enforcement discretion. (Bitcoin.com News)

Odaily reports that Sui announced on X that Slush has integrated Halliday, allowing users to transfer tokens from 25 chains or deposit funds via bank cards, bank transfers, Apple Pay, and other methods. Users can receive SUI or USDC in Slush and click Buy to get started.

Odaily Report: On October 16, the French National Assembly passed Amendment I-3898 to the 2027 budget bill, which proposes that starting January 1, 2027, transactions converting crypto assets into e-money tokens under the MiCA framework be included in the scope of capital gains taxation, with related gains subject to a flat tax rate of 31.4%, and a tax liability triggered even without conversion into euros. The measure covers stablecoins such as USDC and EURC; Chainalysis analysis shows that USDT is not covered by this measure. The amendment still requires subsequent budget votes and Senate review and has not yet formally become law.

Odaily reports: White Hair Stock Oracle Serenity stated that the memory chip industry is gaining unprecedented long-term demand visibility, with major cloud service providers such as Google even seeking to sign long-term supply agreements extending to 2035. However, the market remains affected by concerns over the sustainability of AI infrastructure investment and financing risks.

Serenity also cited Dell CEO Michael Dell's view that the memory chip supply shortage may last about 4 years, as the construction cycle for new wafer fabs is lengthy, and the relevant capacity is expected to be released only between 2029 and 2030. Dell expects that the supply-demand imbalance in memory chips may further deteriorate in 2027.

1. Circle: USDC revenue reached approximately $1.4 billion in the first half of 2026, with 59% allocated to partner distributions and transaction costs;

2. Lighter teases upcoming options product, with launch date yet to be announced;

3. Former Mt. Gox CEO: Ledger received warnings about hardware wallet tampering as early as December 2025 but failed to adequately alert users;

4. CFTC Chairman reiterates exclusive jurisdiction over prediction markets;

5. SpaceX to report Q3 financial and operational results on October 20 after US market close;

6. ChangXin Technology expects net profit exceeding RMB 130 billion for the first three quarters, turning profitable year-over-year, and plans to repurchase RMB 1 billion to 2 billion in shares;

7. NEAR Intents discloses $3.8 million exploit: attacker exploited deposit notification flaw to generate fake balances, all funds have been fully returned;

8. Sentora: DeFi total value locked drops $1.34 billion in a week, stablecoin supply declines in tandem;

9. CryptoQuant founder: MSCI-related risks have been priced in by the market, Wall Street remains broadly bullish on Strategy;

10. Strategy plans to switch STRC dividends to daily distribution, maintaining 12% annualized dividend rate in November.

According to SoSoValue data, yesterday (US Eastern Time, October 16), US NEAR spot ETFs recorded a total single-day net inflow of $2.6062 million, with only the Bitwise NEAR ETF (NRR) achieving a net inflow, bringing its cumulative historical net inflow to $83.0469 million. Over the same period, ZEC spot ETFs recorded a total single-day net outflow of $1.2197 million, with only the Zcash ETF (ZCSH) seeing a net outflow, while its cumulative historical net inflow reached $163 million.

As of press time, the total net asset value of NEAR spot ETFs stands at $82.3556 million, with a NEAR net asset ratio of 1.26%; the total net asset value of ZEC spot ETFs stands at $625 million, with a ZEC net asset ratio of 3.23%.

According to SoSoValue data, yesterday (US Eastern Time, October 16), XRP spot ETFs recorded a total single-day net outflow of $2.4734 million.

Yesterday, only Canary XRP ETF (XRPC) saw a net outflow, with a single-day net outflow of $2.4734 million. Its historical cumulative net inflow now stands at $484 million.

As of press time, the total net asset value of XRP spot ETFs is $1.471 billion, with an XRP net asset ratio of 1.79%, and historical cumulative net inflows have reached $1.8 billion.

Odaily reports that Evan Cheng posted on X that Mysten Labs will officially establish an AI business unit focused on developing agent trust products and native AI infrastructure. Mysten Labs President Kevin Boon will take over as CEO, while Evan Cheng transitions to Chief Technology Officer and will lead the AI business unit. Mysten Labs plans to build related products based on Sui and Walrus to help individuals and enterprises constrain agent behavior and support agents in safely executing tasks without the need for real-time human intervention. Mysten Labs recently announced a partnership with Google Cloud to develop a verifiable agent arbiter, providing an evidence layer for enterprise AI agents.