Odaily: XRP treasury company Evernorth's SPAC saw its share price nearly quadruple at one point last week, with XRPN briefly rising to $53 before the merger was completed on Wednesday.

The combined company will hold 473 million XRP, valued at approximately $714 million, and will begin trading on Nasdaq on Thursday. (CoinDesk)

According to Odaily, glassnode posted on X that the trend of BTC whales making net deposits of Bitcoin to exchanges has stopped. This trend lasted for more than three months since the summer, twice as long as other similar trends since 2023, and ended in late August, after which fund flows have continued to be negative.

According to The Kobeissi Letter on X, prediction markets show that the odds of Democrats achieving a sweeping victory in the 2026 midterm elections have risen to 67%, a record high. At the same time last year, those odds were only 24%; there are still 29 days until Election Day.

Odaily reports: Strategy is proposing to pay daily dividends on its U.S.-listed preferred stock (NASDAQ: STRF, STRC, STRK, and STRD) on each calendar day, including weekends and holidays, with payment on the next business day. If approved and adopted, Strategy believes this will reduce reinvestment lag, enhance liquidity and market efficiency, and improve price stability. The proposal is subject to a vote by MSTR shareholders, with voting beginning on October 5 and ending on October 28. If approved, the first record date and payment date for STRC will be November 1 and November 2, respectively, while STRF, STRK, and STRD will be January 1 and January 4, 2027.

Odaily reports: Grayscale's parent company DCG posted on X platform that last week the U.S. Securities and Exchange Commission (SEC) proposed reforming the accredited investor system, allowing certain investors to qualify for participation in private markets through examinations and other means. This measure was similar to a suggestion made by DCG founder Barry Silbert as early as 2011.

It is reported that around 2011, while founding SecondMarket, Barry Silbert proposed that the SEC's "accredited investor" system mainly relies on income and net worth standards, but wealth level does not necessarily represent investment capability. Some high-net-worth individuals may not possess sufficient financial knowledge, while some ordinary investors should also have the opportunity to qualify for participation in private markets if they pass financial literacy tests set by regulators.

Odaily News: According to Onchain Lens monitoring, GSR continues to sell LINK. After receiving tokens from Gnosis Safe, it transferred 303,010 LINK ($4.29 million) to Binance. Two days ago, the same wallet transferred 275,000 LINK ($3.96 million) to Binance. Over the past two days, a total of 578,010 LINK (approximately $8.25 million) has been transferred to Binance.

Odaily reports that on October 4, the 14-day public notice period for Sun Yuchen Award questions No. 305, 371, 381, 526, 866, and 1001 officially ended. Officials confirmed that there were no unresolved objections during the public notice period, and the qualifications of the relevant winners have been finalized. The process will now move to written confirmation and prize distribution for the first batch of winners. According to previously published notice information, the winners of questions No. 305, 371, and 381 are formal verifiers, the winners of questions No. 866 and 1001 are solution winners, and winner No. 526 received rewards for both roles. In addition, solution-winning candidates for questions No. 239 and 327 entered the public notice period starting September 30, and that process is still ongoing.

The Sun Yuchen Award was established by TRON founder Sun Yuchen, with a maximum single-question prize of US$1 million, and US$10 million has already been deposited into the award pool's on-chain address. The first batch of winners confirmed in this announcement also means that the Sun Yuchen Award has completed its first full public notice cycle and launched substantive prize redemption.

Odaily reports: According to on-chain analyst Ai Yi, the whale who opened a new ETH position yesterday has added another $3.36 million, withdrawing 1,236 ETH from OKX an hour ago. Since yesterday, they have accumulated 2,656 ETH (approximately $7.18 million) at an average price of $2,703.3, with an unrealized profit of $19,500. Their strategy is to buy and then deposit into Lido for staking.

Odaily News — According to a recently published guide to European crypto trading platforms, Gate Europe has been named one of the European platforms suited for low-cost spot trading and EUR fiat on-ramp. The platform has obtained MiCA authorization from the Malta Financial Services Authority (MFSA), offers a standard spot trading fee of 0.1%, and supports EUR funding via SEPA bank transfers. In terms of user coverage, Gate Europe can accommodate the trading needs of users ranging from beginners to advanced traders, with strong suitability for spot trading users; in response to European users' asset migration needs, the platform also supports migration from USDT to USDC. BeInCrypto previously included Gate Europe in its guide to MiCA-licensed platforms, and continues to follow its regulatory progress and service capabilities in the European market.

Currently, Gate Europe has taken the lead in obtaining the EU's Markets in Crypto-Assets Regulation (MiCA) license and a Payment Institution (PI) license, continuously strengthening its compliance foundation in the European market. Meanwhile, Gate Connect, Gate Card, and related support systems have completed PCI DSS v4.0.1 Level 1 compliance assessment. Against the backdrop of the full implementation of the MiCA regulatory framework and European users' growing attention to legal entities, scope of authorization, and fiat channels, Gate Europe is leveraging its compliance credentials to provide European users with a more comprehensive digital asset trading and fund services experience. (BeInCrypto)

Odaily News: Bitmine Immersion Technologies (NYSE: BMNR) officially announced that as of October 4, 2026, the company holds 6,016,414 ETH (valued at $2,726 per token, approximately $16.4 billion), representing 4.9% of Ethereum's total supply (122.1 million tokens), just 1% away from its "5% Alchemy" goal.

The company's crypto assets + cash and marketable securities + "Moonshots" investments total $17.4 billion, including:

ETH: 6,016,414 tokens

BTC: 214 tokens

Cash and marketable securities: $643 million

Beast Industries equity: $180 million

Eightco Holdings (NASDAQ: ORBS) equity: $117 million

Currently, 5,067,309 ETH have been staked (approximately $13.8 billion), operated through its proprietary institutional-grade staking platform MAVAN, with a 7-day annualized yield of 2.63%. Annualized staking revenue is projected at approximately $363 million, and could reach $431 million once fully staked. (PR Newswire)

Odaily News: On-chain detective ZachXBT posted on X that he once posed as a client to infiltrate a criminal group suspected of laundering money for the North Korea-backed hacker organization Lazarus Group, and assisted in freezing funds related to the 2025 Bybit attack.

ZachXBT stated that after Bybit suffered a $1.5 billion attack in February 2025, he discovered that more than 15 accounts in public Telegram and Discord groups were seeking help processing transactions related to the stolen funds. He subsequently contacted one of the Telegram users using the alias "Jimmy Green" and built trust through multiple transactions. According to his disclosure, on March 6, 2025, he transferred $3.497 million in USDC to an Ethereum address for a USDC-to-TRON-chain USDT exchange transaction with the counterparty. The source of gas funds for that address can be traced back to the Bybit attack funds and was publicly flagged as a Bybit attack blacklisted address.

ZachXBT said that in subsequent communications, the counterparty revealed that their team had been involved in processing the stolen Bybit funds and disclosed in advance that the funds would be moved across chains including Solana. By matching transaction timing, amounts, and on-chain data, he identified a wallet cluster involving more than $12 million in Bybit attack funds, with fund paths spanning multiple networks including BTC→ETH→SOL→TRON. Approximately 442,000 USDT was frozen by Tether, and the group also attempted to launder money through Uniswap liquidity pools and low-liquidity tokens. Additionally, the counterparty disclosed having helped other clients process approximately $3 million in fraudulent proceeds, and ZachXBT traced the related funds to wallets associated with the sanctioned Huione Guarantee.

ZachXBT revealed that in this investigation, he initially invested $3.497 million and bore a loss risk of approximately 5% per transaction. The intelligence ultimately obtained was provided to relevant investigative agencies and law enforcement authorities at the earliest opportunity. Since 2022, he has assisted in freezing over $75 million in funds related to North Korea-linked incidents.

Odaily reports that according to an official announcement, Bitget Stock+ has launched its "Multi-Leg Options Strategy" feature. The specific strategies include Covered Call/Put, Vertical Spreads, Straddle & Strangle, and Collar, further catering to users' professional trading needs in risk hedging, volatility trading, and directional speculation.

Additionally, this feature supports a Portfolio Margin mechanism. When options positions are opened and form a risk hedge against a user's existing holdings, the system will automatically reduce or offset the corresponding margin requirements, helping to improve users' capital efficiency.

Furthermore, the multi-leg strategy supports users in flexibly building and closing positions leg by leg (Leg in/Leg out). Currently, this feature is available during regular trading hours from 9:30 to 16:00 EST. For more product details, please refer to Bitget's official platform.

Odaily reports that Strive CEO Matt Cole announced on X that Strive purchased 2,000 BTC last week for $169 million, at an average cost of $84,422 per coin, bringing total holdings to 29,462 BTC. 61.5% of the financing came from SATA, with warrants generating $56.7 million. The 8-K filing submitted today also disclosed key metrics and KPIs as of the third quarter of 2026.

Odaily reports that Base officially announced on X that it has added 26 tokenized US stock assets.

Odaily reports that Strategy officially disclosed that the company recorded $21 billion in gains on digital assets in Q3 2026. Last week, it added 334 BTC and repurchased $176 million worth of STRC. As of October 4, 2026, Strategy holds 848,000 BTC and cash assets worth $5.7 billion.

Odaily: Renowned trader Ansem posted a question to the community: "Aside from USD and BTC, how many tokens can you name that have still hit all-time highs after surviving a full bull-bear cycle?" Crypto KOL @0xaporia compiled findings showing that, excluding BTC, only 8 tokens meet the criteria of "ranked in the top 100 by market cap in 2021 and hit new all-time highs in 2025." Excluding wrapped assets, these include only BNB, XRP, TRX, LEO, and OKB.