According to Gate data, South Korea's KOSPI index fell more than 1% intraday, SK Hynix dropped over 2%, and Samsung Electronics fell 1.23%.
Odaily News: According to Gate data, gold (XAUUSD) has fallen to $4,250/oz, currently trading at $4,249.62/oz, down 0.8% from the previous trading session's close.
According to OKX market data, PUMP has risen above 0.0051 USDT, reaching a high of 0.005215 USDT, with a 24H gain of 16.52%.
Odaily News: Bloomberg analyst Mike McGlone stated that from a risk and portfolio management perspective, Bitcoin and other cryptocurrencies over the past near-decade may be classified as underperforming assets. The MarketVector Digital Assets 100 Index (MVDA, approximately two-thirds composed of Bitcoin) has been essentially flat since 2017, while the Nasdaq 100 Index (NDX) has continued to rise over the same period. Although MVDA's average volatility is approximately 3 times that of NDX and it is positively correlated with the stock market, it has failed to effectively diversify risk.
Odaily reports that DYORSWAP has released an "Official Statement Regarding the Fake GIWA Mainnet 9134 Incident," stating that the incident was not a DYOR contract vulnerability, but rather was caused by a fraudulent network impersonating GIWA Chain 9134. This network had a bridge and batcher similar to OP Stack, deployed on September 27, 2026, at 02:10:59 (UTC+8). Approximately 8.5 hours before deployment, the address received about 0.045 ETH from a ChangeHero-related address. Data shows that a total of 1,335 addresses bridged approximately 767.65 ETH to it, of which about 766.25 ETH was ultimately transferred out from the cross-chain bridge.
DYORSWAP stated that it has already used its own funds to compensate affected users with over 200 ETH. Additionally, the team is still tracking the cross-chain bridge deployer, the source of funds, early test wallets, and the subsequent flow of the transferred funds.
Odaily: Michael Saylor stated that as AI changes how businesses are built, digital tokens can help 10 million new companies raise capital and reduce fundraising costs and delays. He advocates simplifying issuance rules while preserving disclosure and anti-fraud protections.
Michael Saylor is the Executive Chairman of Bitcoin treasury company Strategy Inc. He proposed that companies could issue tokens with rules tailored to the type of issuance, and set disclosure requirements matched to risk, thereby reducing legal costs while preserving ownership protections and fraud accountability.
The U.S. Securities and Exchange Commission (SEC) has separately proposed cryptocurrency issuance exemptions, one of which would allow eligible issuers to raise up to $5 million within four years, and another that would allow up to $75 million every 12 months; both remain proposals and come with disclosure and anti-fraud requirements. (Bitcoin.com News)
Odaily: Brian Armstrong posted on X that the midterm elections are about five weeks away. Cryptocurrency is not a partisan issue, but rather a question of whether the next generation of financial technology will be developed in the United States; he called on voters to learn about candidates' relevant stances before casting their ballots.
Odaily reports that Solana token launch platform StonkFun's official X account @LaunchOnSF was briefly suspended by the X platform, with the page showing the account was suspended for violating platform rules. The account has now been restored to normal.
Additionally, according to GMGN data, STONK's market cap is currently reported at $202 million, down 11.7% over 24 hours.
According to OKX market data, ONDO has risen above 0.58 USDT and is now trading at 0.5882 USDT, up 9.38% in 24H.
Odaily News: According to market data, QNT spiked to briefly touch 373 USDT this morning, now trading at 287.71 USDT, with a 24-hour gain of over 87%.
On the news front, Quant announced it will provide technical support for The Clearing House's on-chain currency initiative, responsible for the network's interoperability, orchestration, and transaction management layers, and connecting existing fiat payment systems such as RTP and CHIPS. The network will provide financial institutions with clearing and settlement capabilities for tokenized deposit transactions, supporting instant settlement and automatically triggering transactions once preset conditions are met. It is expected to open to participating institutions in the first half of 2027.
Odaily News: According to GMGN data, ORBIO, an AI-themed token in the Robinhood ecosystem, rose over 27.8% in the past 24 hours, with its market cap reaching a new high of $100 million and currently standing at $87 million.
ORBIO was launched on the Pons platform, using Nvidia stock tokens as its base pool. The project aims to build a low-cost AI credits trading market, offering discounted trading of credits for over 400 AI models, including Claude Fable and GPT Astra.
Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.
Odaily reports that according to Coingecko data, the price of Rhea, the token of Near ecosystem cross-chain DeFi project Rhea Finance, has broken above $0.19, with a 24H gain of 131% and a 7-day gain of 466%.
It is reported that the project provides lending, yield, cross-chain bridge, and Perp services on Near, and is currently the largest DeFi ecosystem project on Near.
Odaily: California Governor Newsom has signed a bill prohibiting California public officials from issuing meme coins.
According to Gate data, the US dollar against the Japanese yen (USDJPY) rose above 157.5, now at 157.503, up 0.1% from the previous trading session's close.
According to Onchain Lens monitoring, @NMTD8 purchased Hypurr #9 from @izebel_eth, paying 2,222 HYPE, worth approximately $203,800.


