According to on-chain analyst Yu Jin's monitoring, the 3.75 million HYPE that the Hyperliquid development team HyperLabs address (0x43e9...a251) applied to unstake 7 days ago was successfully redeemed 2 minutes ago, worth $332 million.
Odaily News: According to Hunter Biden monitoring, Hunter Biden, son of former U.S. President Biden, posted the independent investigation results of the LAPTOP token launch incident, stating that he had commissioned forensic firm Groom Lake to verify all transactions on the day of launch. He denied that the team cashed out, saying that the founder tokens remain concentrated in the same wallet and have not been transferred since launch; his personal tokens have been locked for six months and will then be released over two years. He cited the investigation as saying that Market Maker 1 had $500,000 in startup capital, but only injected about $5,200 and fewer than 30,000 tokens into the liquidity pool, with the latter accounting for only 0.003% of the total supply. Extremely low liquidity caused the price to rise from $0.05 to about $317 in less than two minutes, then fall 98% within one hour. Eighty-four seconds after the price peaked, Market Maker 1 withdrew funds during the sell-off, reducing the funds available near the current price to absorb selling from $16,200 to zero. He said Market Maker 1 made about $686,000 in profit from its DEX position, while Market Maker 2 netted more than $2.1 million from related DEX trades, and argued that the market makers responsible for the launch problems should buy back and burn tokens. He said he bears ultimate responsibility, will not exit the project, and plans next week to burn most of the unclaimed tokens from the first airdrop; that airdrop accounted for 10% of the total supply.
Odaily reports: According to on-chain analyst Ember, the U.S. government address transferred out $103 million in assets in the early hours of this morning, and 15 minutes ago transferred another 750.2 WBTC worth $62.34 million to Coinbase Prime. Over the past 24 hours, the address has transferred out $165 million in assets, of which 1,583.8 BTC worth $134 million went into Coinbase Prime.
Odaily reports that Injective has released a new whitepaper, marking the first comprehensive rewrite since the initial version in December 2018. The new version positions Injective as a Layer 1 for institutional-grade finance and asset tokenization, covering the full lifecycle of tokenized assets from issuance and trading to settlement, and introduces native RWA tokenization mechanisms as well as iAssets derivatives. Tokenized assets can be traded on a fully on-chain central limit order book, with uniform price clearing through sealed-bid high-frequency batch auctions; BFT consensus provides deterministic finality, with block times of approximately 600 milliseconds. The new version also covers native EVM and WASM, perpetual contract risk management, and AI agent finance, with on-chain protocol revenue flowing toward regular INJ community buybacks.
Odaily News: U.S.-listed company Universal Safety Products has announced that it will rebrand as DeFi Capital Markets on October 19 and trade under the new ticker DCM. The company will gradually wind down its existing product business and pivot toward asset tokenization, digital assets, market making, quantitative trading, and blockchain-based financial markets.
Odaily reports that Uniswap posted on X that US and South Korean stock tokens issued by Stove Finance have launched on Arbitrum and are now tradable on Uniswap Apps, powered by UniswapX.
According to Lookonchain monitoring, Machi (@machibigbrother)'s 39,000 ETH long position is worth $99.8 million and is nearing liquidation, with a liquidation price of $2,501.38.
Odaily Report: Blockchain platform Solana has launched x402 batch payment functionality through PayAI Network and BlockRunAI, enabling AI agents to initiate multiple USDC payments and settle them all through a single on-chain transaction.
BlockRunAI has already applied this technology to its AI model routing service. The company states that by consolidating multiple model calls into a single USDC settlement, it can save over $20,000 per month in network fees and reduce latency by approximately 10x; its service provides access to over 113 AI models through a single endpoint.
Solana development organization Anza stated that the upgrade to ultimately reduce Solana's block time to 200 milliseconds is expected to go live around 15:00 UTC on October 9, having previously been gradually reduced from 400 milliseconds to 350, 300, and 250 milliseconds. (Bitcoin.com News)
According to Gate data, Brent crude oil (XBRUSD) has risen above $106/barrel, currently trading at $106.05/barrel, with a 24-hour gain of 4.2%.
Odaily News: According to MSX.COM data, at the U.S. stock market open, the Dow Jones Industrial Average fell 0.63%, the S&P 500 Index dropped 0.4%, the Nasdaq fell 0.57%, and the VIX fear index rose 5.06%. AI-related stocks fell broadly, with Astera Labs down 5.46%, Teradyne down 4.54%, Marvell down 3.15%, Arm down 3%, and Arista Networks down 2.71%.
It is reported that MSX is a leading RWA trading platform and has cumulatively listed hundreds of RWA tokens, covering popular U.S. stocks and ETF token targets such as Nvidia, GOOGL, MSFT, AMZN, META, TSM, and AMD.
Odaily News: According to the latest Gate data, the price of gold fell to $4,091.5/oz, down 1.83% intraday. The price of silver fell to $59.704/oz, down 2.55% intraday.
In forex, USD/CNH rose 0.08% intraday, with the current exchange rate at 6.70666. USD/JPY rose 0.19% intraday, with the current exchange rate at 158.37.
In global stock indices, the Euro Stoxx 50 (EUSTX50) fell 0.95% intraday to 6,168.14; the UK FTSE 100 (UK100) fell 0.58% intraday to 10,479.5; and the German DAX 40 (GER40) fell 1.01% intraday to 25,107.5.
In commodities, WTI crude oil rose 0.85% intraday to $92.75/barrel. Brent crude oil rose 1.04% intraday to $105.79/barrel.
Gate supports users in directly trading traditional financial market products within the platform, offering one-stop coverage of multiple asset classes including precious metals, forex, global stock contracts for difference (CFDs), major indices, and commodities, enabling deep integration between crypto assets and traditional financial assets. Gate TradFi-related features have been fully integrated into the Gate App and Web platform, allowing users to conveniently participate in global asset price trading without switching platforms, unlocking more strategies and opportunities beyond the crypto market and continuously enhancing the multi-asset allocation experience.
Odaily reports that according to on-chain analyst Ai Yi's monitoring, an address bought 1,470.94 ETH at $2,582 three hours ago, spending 3.803 million USDC.
Odaily News: Vest Labs has announced the completion of a $13 million seed round led by Portal Ventures, with participation from executives of Citadel Securities, BlackRock, and KKR investing in their personal capacities. The company did not disclose its post-funding valuation. Vest Labs primarily provides eligible traders with the ability to trade perpetual contracts around the clock in real markets using the company's capital, with traders allowed to keep up to 80% of profits. The funding will be used to develop a mobile app, expand the current 22-person team, and increase the variety of assets available for round-the-clock trading. As of late September, approximately 26% of the platform's roughly 27,000 traders had received cash payouts, with monthly active traders and trading volume both growing over 300% month-over-month.
According to on-chain analyst Ai Yi's monitoring, an address withdrew 3,583.2 ETH from Binance over the past 2 hours, worth $9.27 million, with an average withdrawal price of $2,587.32, and transferred all tokens to a new address through two intermediary transfers.
Odaily News: Cryptocurrency trading firm GSR has committed $100 million, primarily through credit lines, to fund its new business Hare. Hare will partner with liquidity platform Turtle to create and manage on-chain vaults.
Hare will initially launch vaults powered by lending protocol Aave, allowing investors to earn yields through major USD stablecoins and Paxos' tokenized gold product, with GSR providing anchored liquidity. (CoinDesk)


