Odaily: Sui posted on X that SlushWallet has simplified the first-time deposit process, and users can now enter Sui via bank cards or assets from 25 chains. Bridging and swapping can both be completed within SlushWallet.

Odaily News: The U.S. Commodity Futures Trading Commission (CFTC) has issued one rule and proposed another, aiming to further clarify that event contracts constitute "swaps," thereby reinforcing Chairman Mike Selig's view that prediction market trading should be regulated solely by the agency.

This move comes as the CFTC is engaged in legal disputes with multiple states over regulatory jurisdiction, with several federal rulings in these disputes having gone against the CFTC. (CoinDesk)

Odaily News: Ripple-backed XRP treasury company Evernorth has completed its business combination with SPAC company Armada Acquisition Corp. II, bringing approximately 473 million XRP and $300 million in total cash proceeds into the public market. The company is expected to begin trading on Nasdaq under the ticker XRPN starting next Monday. According to an 8-K filing submitted by Evernorth to the U.S. SEC, the merger was completed on October 9 Eastern Time.

According to monitoring by Galaxy's head of research, in the Ledger CryptoBillis attack incident, approximately $72.9 million remains in addresses controlled by the attacker, involving Bitcoin, Ethereum, and USDT; $3.1 million entered Tornado Cash, while the remaining funds have been bridged across chains, swapped, or layered and transferred through relayers.

Odaily reports that Bitcoin News posted on X platform stating that education company Genius Group purchased 10 bitcoins worth $854,000, marking the company's first repurchase since selling its entire bitcoin reserve on April 1 to repay $8.5 million in debt. As of February 2025, Genius Group had accumulated 440 bitcoins, after which it was affected by a New York injunction for approximately one year due to a dispute with LZG International. The U.S. Court of Appeals for the Second Circuit lifted the freeze order on August 31, and CEO Roger James Hamilton views this purchase as a signal that the company is restarting its bitcoin accumulation.

Odaily News: Two Chainlink non-circulating supply multisig wallets (Noncirculating Supply 17 and 24) transferred a total of about 7.4 million LINK, worth approximately $94.32 million, to Binance deposit addresses in two transactions at 03:53 and 04:01 Beijing time today.

Odaily reports: Coinbase stated on X that the Coinbase One Card requires eligibility and approval; users who are not approved may be offered a Coinbase One Card that requires a USDC security deposit. The USDC in the security deposit cannot be traded, withdrawn, lent, or transferred; if the account defaults or is closed for any reason, the deposit will be used to offset any outstanding balance, and once the account is closed with no amount owed, the USDC will be released. The Bitcoin cashback rate is based on the cardholder's assets on Coinbase, and not all transactions qualify as eligible purchases.

Odaily: Coinbase posted on X that users who are not approved for a standard credit card may be offered a secured credit card that requires a security deposit, and making payments on time can help build credit history. Users can check whether they are approved without impacting their credit score. Certain terms and conditions apply.

Odaily: Bitcoin News posted on X that Robinhood is allocating its own funds to Bitcoin. Johann Kerbrat, Head of Crypto and International at Robinhood, said the company will add $25 million worth of Bitcoin to its balance sheet as part of asset diversification.

Odaily News: Robinhood Chain is evaluating Arbitrum's improved paid transaction sequencing technology. This technology allows paid transactions to gain sequencing priority.

Robinhood Chain currently uses a first-come, first-served transaction sequencing mechanism and has not yet adopted the original Time Boost version introduced by Arbitrum. (CoinDesk)

According to Odaily, citing Galaxy's head of research, the losses from the Ledger CryptoBillis supply chain attack currently amount to 213.42 BTC, approximately $17.7 million. Of this, 92% of the funds were held for less than 90 days at the time of consolidation, while some funds were held for longer periods. All traced Bitcoin remains unspent and is stored in 3 consolidation addresses.

Odaily News: According to monitoring by Galaxy's head of research, the Bitcoin losses caused by the Ledger cryptocurrency supply chain attack currently amount to 213.42 BTC, valued at $17.7 million. Of this, 92% of the funds were transferred in less than 90 days ago, while some funds were transferred even earlier. All Bitcoin traced so far remains unspent and is held in 3 aggregation addresses.

Odaily News: Bitcoin News posted on X platform that Strike has launched the Stacks Bitcoin savings envelope system, allowing users to divide their holdings into up to 5 custom-named buckets, each of which supports fee-free recurring buys. Transfers between Stacks and the main balance are fee-free and unlimited in number, but funds must first be transferred back to the main balance before withdrawal. On the same day, Strike added 3.6% interest on USD cash balances, with interest paid in Bitcoin, and the relevant assets are still held in Strike's multisig cold storage.

Odaily reports that Bitcoin News posted on X platform stating that corporate records for Malaysian hardware wallet distributor CryptoBilis show that, as of August 3, an individual named Jiaming, with a registered address in Heilongjiang Province, China, holds 100% of the company's shares. The company's former co-founder confirmed that CryptoBilis completed its acquisition in March, with the original owner withdrawing from all operational, managerial, and administrative roles. The founder has been unable to learn about the company's operations since the handover but still assists with event coordination. This information emerged during an investigation into a suspected supply chain attack on Ledger hardware wallets, where affected devices were implanted with hidden components that could steal seed phrases; there is currently no conclusive evidence linking the change in CryptoBilis ownership to the compromised wallets.

Odaily News: Starknet, the Ethereum scaling network built by StarkWare, has stated that it is actively considering transitioning into an independent Layer 1 (L1) network and has set 2027 as its target for becoming the first fully quantum-resistant network. STRK was trading at approximately $0.073 on Friday, up about 20% in 24 hours and more than double its price of around $0.03 in April.

StarkWare CEO Eli Ben-Sasson said that after becoming an L1, Starknet would be able to control security upgrades on its own without waiting for Ethereum to advance related work. As a Layer 2 (L2) network, Starknet currently relies on Ethereum for security; after transitioning to an L1, it will validate and secure transactions itself.

Eli Ben-Sasson pointed out that quantum computers may in the future break the elliptic curve cryptography used by Bitcoin and Ethereum, and that AI's development in mathematics also poses another risk. Ethereum's roadmap is expected to complete core quantum-resistant infrastructure around 2029, while Starknet plans to move that up to 2027; currently, no quantum computer is capable of breaking these systems. (Decrypt)

Odaily News: Brian Armstrong posted on X that Coinbase's new AI development tool has been used to develop and deploy a feature to production. Coinbase Advanced now supports keyboard shortcuts, and active traders can press "?" to view the list of shortcuts.