Odaily News: OKX Star stated at Token2049 that if he were no longer involved in OKX's business, he might devote himself to education.

Odaily News: Prediction market platform Kalshi's 15-minute gold market recorded 542 million contracts traded in September, with estimated fees of approximately $5 million, surpassing the Ethereum market's 318 million contracts and $2.6 million; the Bitcoin market's estimated fees during the same period reached $60.4 million.

The gold contract was launched in August, allowing traders to bet on whether gold would rise or fall within 15 minutes. Kalshi stated that its commodity trading volume reached $400 million within 7 months of launch, more than 4 times the trading volume of the crypto market during the same period.

In the 7 days ending October 5, fees from 15-minute crypto, commodity, and financial markets reached $20.4 million, accounting for 80% of the platform's non-sports fees; this category of markets contributed 13% of trading volume and 20% of fees. (Cointelegraph)

Odaily reports: Gonçalo Magalhães, Head of Security at Immunefi, stated that an unnamed Base vault suffered an approximately $6 million exploit, while still holding around $31.7 million in assets at the time of the incident. According to a briefing, the attacker used a Safe multisig wallet to add a malicious contract to the vault's lending whitelist, then withdrew 1,783 aBaswstETH and swapped it for approximately 1,783 wstETH via AaveV3. Gonçalo Magalhães noted that while whitelisted addresses may appear secure, approved addresses can withdraw assets without collateral, constituting a vulnerability; this whitelist weakness had been discovered the previous week, but researchers lacked a clear disclosure channel. More than 24 hours after the incident, no team had publicly claimed responsibility or disclosed remediation measures.

Odaily News: Jan van Eck stated that approving more nuclear power projects could simultaneously boost AI and Bitcoin: on one hand by enhancing AI value, and on the other by easing Bitcoin selling pressure through providing cheaper energy to miners. Bipartisan support for nuclear energy in the U.S. is strong, with the goal of quadrupling nuclear power output within 25 years, as evidenced by the accelerated restart of the Three Mile Island nuclear reactor. Matthew Sigel, Head of Digital Assets Research at VanEck, stated that miners hold long-term power contracts and infrastructure, possessing undervalued optionality value; if miners shift toward AI contract revenue, their pressure to sell Bitcoin will correspondingly decrease.

Odaily News: Muneeb Ali stated that in his first 30 days after returning as CEO of Stacks Labs, he will focus on advancing five areas of work: expanding institutional business development, simplifying the management structure, publishing a technology roadmap for the next two years, strengthening communication with large STX holders, and further clarifying the value capture mechanism of STX. He said that institutional demand for Bitcoin Bonds is increasing, and the future roadmap will also cover institution-grade BTC privacy and quantum-resistant technology. Stacks Labs plans to transfer all intellectual property to a shareholder-free Endowment.

Odaily: Arthur Hayes stated at Token2049 that the Flop testnet will launch in October this year, running for a 90-day period, with the mainnet scheduled to go live in Q1 2027. Users who participate in testnet mining will be eligible for a token airdrop.

Odaily News: According to SoSoValue data, Ethereum spot ETFs recorded total net outflows of $202 million yesterday (October 6, US Eastern Time).

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF ETHA, with a single-day net outflow of $202 million. ETHA's historical total net inflows currently stand at $13.036 billion.

As of press time, the total net asset value of Ethereum spot ETFs is $17.356 billion, the ETF net asset ratio (market value as a proportion of Ethereum's total market value) has reached 5.27%, and cumulative historical net inflows have reached $13.549 billion.

Odaily News: According to SoSoValue data, yesterday (October 6, US Eastern Time), Bitcoin spot ETFs recorded total net inflows of $119 million.

The Bitcoin spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF IBIT, with a single-day net inflow of $122 million. IBIT's total historical net inflow has now reached $65.924 billion.

Next was Morgan Stanley's ETF MSBT, with a single-day net inflow of $7.8413 million. MSBT's total historical net inflow has now reached $762 million.

The Bitcoin spot ETF with the highest single-day net outflow yesterday was Grayscale Bitcoin Mini Trust ETF BTC, with a single-day net outflow of $10.9746 million. BTC's total historical net inflow has now reached $2.968 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $110.677 billion, the ETF net asset ratio (market value as a percentage of Bitcoin's total market value) has reached 6.43%, and cumulative historical net inflows have reached $57.817 billion.

Odaily News: The Cardano Foundation has introduced the CIP-0113 token standard, allowing issuers of regulated assets to restrict recipients based on predefined rules and to freeze, seize, or transfer token holdings. The standard enables issuers to implement such controls without requiring a hard fork of the Cardano network.

CIP-0113 requires compliance checks to be executed on every transfer, including identity verification and sanctions list screening. Issuers can choose or customize rules and update them as regulatory requirements change; under the authorization mechanism, relevant parties can transfer tokens without the holder's consent. (CoinDesk)

Odaily: Ethereum Layer-2 network Blast has announced its shutdown due to operating costs exceeding revenue, and initiated liquidation on October 2. Coinbase will suspend BLAST trading on October 20, and users must withdraw their assets by October 26; after that, they will need to use the Blast bridge contract on Ethereum. Platforms including BTSE, Bitvavo, and Bybit have also announced the delisting or suspension of BLAST. The BLAST token has dropped approximately 99% from its peak and is currently trading at around $0.00024; Blast's TVL has fallen from a peak of $2 billion in June 2024 to approximately $24 million to $32 million.

Odaily News: According to market sources, Robinhood has purchased $25 million worth of Bitcoin.

Odaily reports that according to Arkham monitoring, the whale mtAAVEbank.ETH sold over 138,000 LINK, worth $1.9 million, 6 hours ago, when BTC had not yet fallen below $84,000. The whale is suspected of selling LINK to fund its 8x leveraged CRCL position on Hyperliquid. The position was once underwater by over $1.25 million. It still holds over $21 million in digital assets, mainly stablecoins, with over 10% of the funds coming from Aave borrowing.

Odaily: CFTC Chairman Michael Selig said yesterday that under the proposed rules, only federally regulated cryptocurrency trading platforms will be able to offer leveraged trading. States can only provide money transmission services, and the 100x leverage commonly seen outside the United States has never been allowed in the U.S., nor will it be this time. Previously, the U.S. Commodity Futures Trading Commission proposed two new rules aimed at establishing a U.S. cryptocurrency regulatory framework based on its authority to oversee leveraged and margin trading.

Odaily News: The US IRS released Revenue Procedure 2026-20 on October 6, updating and replacing Revenue Procedure 2025-31 issued in November 2025, clarifying that qualifying investment trusts and grantor trusts may participate in PoS staking while retaining tax benefit treatment. The IRS recognizes compliant staking as a "property preservation activity," keeping the trust on the passive side and preserving its investment trust and grantor trust status (IRC Sections 671 to 677).

The safe harbor contains 14 requirements, including that shares be listed on a national exchange, that only a single digital asset be held, that assets be custodied by a qualified custodian, that the liquidity policy be approved by the SEC, and that staking rewards not be hoarded. The guidance applies to tax years ending on or after November 10, 2025.

Odaily News: Coinbase plans to relaunch Coinbase Pro by the end of this year, supporting spot, futures, perpetual contracts, options, and equities trading, and has completed its integration with Deribit to create the Coinbase Global exchange. Within the coming weeks, eligible traders outside the United States will gain access to options trading, with options trading expected to go live; U.S. retail traders are expected to gain access later this year. U.S. institutional clients can trade Deribit options and perpetual futures through Coinbase Prime, and use custody, financing, and staking services on the same platform.