Odaily reports that according to MSX.COM data, Constellation Energy surged in U.S. pre-market trading and is now up over 5%.
It was previously reported that Google signed a 20-year power purchase agreement with Constellation Energy, which will add 890 megawatts (MW) of reliable nuclear power capacity to the PJM interconnection grid. The agreement will create approximately 7,200 jobs and involve a $4.3 billion investment.
Odaily: The Hong Kong government has reiterated that it will submit amendments to the crypto asset licensing bill before the end of 2026, establishing a licensing regime covering digital asset trading, custody, advisory, and management services. Hong Kong Secretary for Financial Services and the Treasury Christopher Hui stated that the amendments will respond to developments in the fintech sector.
In January of this year, Christopher Hui disclosed that regulators planned to submit crypto asset regulatory proposals before the end of 2026. The Hong Kong Monetary Authority (HKMA) has begun processing stablecoin issuer license applications and in April granted the first batch of stablecoin issuer licenses to Anchorpoint Financial and Hongkong and Shanghai Banking Corporation. (Cointelegraph)
Odaily: Citi raises AMD (AMD.O) price target from $575 to $800. (Jinshi)
Odaily reports that Spencer Applebaum, Co-Head of Venture at Multicoin Capital, disclosed that HYPE remains Multicoin Capital's largest holding. Prediction markets show a 68% probability that HYPE will reach $100 in October.
Odaily News: Pump.fun holds $2.8 billion in on-chain assets, of which $2.19 billion is its PUMP token, distributed across multiple wallets; it also holds $336 million in wrapped SOL and $215 million in USDC and USDT. The relevant wallets include the PumpSwap liquidity pool, which holds hundreds of Meme coins issued by the platform, among which TROLL is worth $1.69 million, making it the Meme coin with the highest holding value.
Odaily News: NEAR Protocol has announced that MyNearWallet, a non-custodial wallet in the NEAR ecosystem, will cease operations on October 31, and users will need to migrate to a new wallet or access method. NEAR Protocol emphasized that user assets remain stored on-chain and are not custodied by MyNearWallet, so the wallet's retirement will not affect the on-chain assets themselves. The official team recommends that users conduct a small test transaction before migrating and retain the original wallet recovery information until confirming that all balances have been transferred. MyNearWallet will gradually shift to migration and recovery functions going forward.
Odaily reports that Ray Dalio, founder of Bridgewater Associates, said on October 6 that the United States may face a debt crisis within three years, with interest expenses squeezing the federal budget. Annual US revenue is about $5.5 trillion, spending is about $7.5 trillion, and the fiscal gap is close to $2 trillion; federal debt held externally by the government is about $32 trillion, with annual interest of about $1 trillion.
The US 10-year Treasury yield closed at 5.31% on October 5, while the 30-year yield was 5.66%. Japan held $1.10 trillion in US Treasuries in July, down from $1.24 trillion in February; its 10-year government bond yield rose to 3.12% on October 1, the highest since August 1996.
Ray Dalio proposed a "3% three-part plan" to reduce the fiscal deficit ratio from about 6% of GDP to 3% by cutting spending, increasing tax revenue, and lowering interest rates; he suggested allocating 10% to 15% of a portfolio to gold and keeping only a small portion in Bitcoin.
On October 6, the price of Bitcoin was about $85,630, about 32% below its all-time high of $126,080 and down about 3.5% year to date; gold futures fell about 4.2% over the same period. (Bitcoin.com News)
Odaily News: According to Gate data, Brent crude oil (XBRUSD) fell to $102/barrel, currently at $101.89/barrel, a 24-hour decline of 3.9%.
Odaily reports that a new address funded via Tornado Cash extracted 200 WETH on October 6 from a dormant MakerDAO ETH-A liquidation bot proxy, causing losses of approximately $538,000. The upgradeable proxy had won 4 ETH-A liquidation auctions in 2020, namely auctions #1457 through #1460, earning 50 WETH each, but never called deal(), leaving the collateral stuck in the Flipper. The implementation contract's exit function was not protected by ds-auth, allowing any caller to trigger it: first calling deal() on the aforementioned old auctions, then transferring the collateral to the keeper via Vat.flux, and subsequently calling GemJoin.exit to send the 200 WETH to a caller-specified address and unwrap it into ETH. The MakerDAO core contracts operated as designed; the vulnerability lies in the third-party bot's exit function lacking access controls.
Odaily News: According to monitoring by analyst Ali, Bitcoin has established a major support zone between $83,300 and $84,600. URPD data shows that 1.59 million BTC was traded within this range, providing buyers with a defensible level. Since October 1, Bitcoin whale cohorts have accumulated 14,335 BTC, worth approximately $1.22 billion. alicharts believes that if Bitcoin holds the support level and breaks above $86,700, there will be no major selling pressure until around $105,000.
Odaily News — Tokenized cash fund issuer Spiko has announced the completion of a $90 million Series B funding round, led by New Enterprise Associates (NEA), bringing the company's cumulative funding to $120 million. Spiko primarily offers tokenized cash fund products and currently operates across more than 25 jurisdictions, with assets under management reaching $2.7 billion. The company plans to use the proceeds from this round to launch additional fund products, expand into new markets, and grow its team.
According to Gate data, the Euro Stoxx 50 (EUSTX50) has risen above 6,300 points, now at 6,303.60 points, up 1.2% in 24 hours.
Odaily reports: On October 6, at the OKX NOW summit in Singapore, OKX officially launched its standalone app OKX Money, providing financial services around four core scenarios—transfers, spending, savings, and asset custody—to a broad audience including non-crypto-native users. Built on X Layer, the app uses self-custodial smart accounts and supports round-the-clock digital asset transfers. It is currently available in more than 30 countries.
OKX Money also offers Pay Boost, powered by Aave, to European users, allowing them to earn yield while retaining spending flexibility on their funds. In the future, OKX Money will support AI in devising investment strategies based on user needs and executing small transactions within the app upon user authorization.
Odaily reports: Market data shows that at the Hong Kong stock market close, the Hang Seng Index rose 1%, and the Hang Seng Tech Index rose 0.94%; Zhipu (02513.HK) closed up 7.59% for the day, while Baidu (09888.HK) closed up over 3%.
Odaily News: The Japanese government decided at a cabinet meeting to impose additional sanctions on Russia, in principle prohibiting the provision of operation, maintenance, insurance, and financing services to 35 vessels in the "shadow fleet" involved in secretly transporting crude oil to evade Western sanctions. Japan also added 33 Russia-related military groups and 9 individuals to its asset freeze list, including groups involved in using crypto assets to evade financial sanctions.


