Odaily News: A Fox Business crypto reporter posted on X that a self-custody proposal focuses on bankruptcy protections and would require registered investment advisers to sign written agreements with clients clarifying that adviser-self-custodied crypto assets will be treated as financial assets under Article 8 of the Uniform Commercial Code. The move may be intended to reduce the risk of clients losing crypto assets if an adviser becomes insolvent.
Odaily News: Cathie Wood stated that ARK Invest's ETF strategy has included Kalshi, a privately held prediction market platform. Cathie Wood noted that Kalshi's management team has performed exceptionally well and expressed optimism about its development in the prediction market sector.
Odaily reports that prediction market platform Kalshi filed with the CFTC on September 28, moving the termination date of its trading volume incentive program up from October 1, 2027 to October 13, without stating a reason. Previously, its Ethereum perpetual contract market saw approximately $5 billion in nearly identical trades, which drew CFTC attention. The CFTC's Division of Market Oversight warned in August that volume-linked incentives may induce wash trading; CFTC Chairman Selig may take action this week regarding prediction market promotional activities.
Odaily星球日报讯 美国证券交易委员会（SEC）周四提出新规，拟明确投资顾问和受监管基金持有及保管客户加密资产的要求，并规范记录保存、联邦披露、行业操作及审计要求。
SEC 主席 Paul Atkins 表示，现行托管规则主要针对传统资产，新规将为加密资产托管提供监管框架。该提案开放 60 天公众评议，并拟在特定条件下允许加密资产自托管及使用州特许信托机构作为托管方。（CoinDesk）
Odaily: Phantom wallet now supports BNB Chain, and users can start trading after updating to the latest version. This integration supports viewing BNB Chain asset balances, sending and receiving tokens, and in-app swaps. Phantom previously integrated Robinhood Chain and has successively discontinued support for Monad and Sui.
Odaily News: New refund rules for crypto ATM operators in the U.S. state of Alabama took effect on October 1. Eligible new users can receive a full refund of the transaction amount and fees, while existing users can receive a refund of half the transaction amount plus fees.
New user eligibility covers the first crypto ATM transaction and the following 30 days. Within 60 calendar days after a disputed payment, the operator, law enforcement agencies, and the Alabama Securities Commission (ASC) must be notified, and a fraud report must be submitted.
The daily and monthly transaction limits for new users are $1,000 and $10,000, respectively, while the daily limit for existing users is $10,500. Operators must also disclose fees, crypto and U.S. dollar amounts, and exchange rate information; U.S.-headquartered operators must provide round-the-clock domestic U.S. toll-free customer service.
Federal Bureau of Investigation (FBI) records show that in 2025, Alabama had 177 fraud complaints involving crypto ATMs, with reported losses of nearly $3 million; during the same period, there were 13,460 related complaints nationwide, with losses of nearly $389 million. (Bitcoin.com News)
Odaily News: According to Bitcoin News monitoring, a wallet that had been inactive since May 2011 transferred 20.43 BTC, worth $1.7 million, ending 15.4 years of dormancy. Arkham tracking shows that these BTC came from Braiins (Slush Pool) payouts of approximately $3 to $4.
The BTC obtained by this wallet on May 1 and May 8, 2011 has been split and transferred to SegWit addresses, with fees of less than $1, and has not yet been transferred to any known exchange deposit address. Early transfers from the same wallet have also been flagged as related to Mt. Gox and Silk Road, both of which were commonly used channels in 2011.
The Mt. Gox trustee still holds approximately 34,500 BTC, and the deadline for creditors to file claims is October 31, 2026.
Odaily News: According to Onchain Lens monitoring, Hyperliquid bought back and burned 20,200 HYPE tokens over the past 24 hours at a volume-weighted average price of $89.05, worth approximately $1.8 million. It has cumulatively burned 49.09 million HYPE, worth approximately $4.29 billion, representing 4.91% of the maximum supply; revenue over the past 30 days was $55.89 million.
According to Gate data, the USD/JPY (USDJPY) pair rose above 158.0, currently trading at 158.011, with a 24-hour gain of 0.4%.
Odaily reports: Bitcoin News posted on X that the U.S. Congressional Research Service noted in a new report that since 2017, as presidential administrations have changed, federal regulators have repeatedly shifted their positions on whether banks can engage in crypto business.
The report states that Congress could clarify through legislation which specific activities are permitted or restricted, in order to reduce the repeated shifts in regulatory positions. The report mentions the CLARITY Act: the version passed by the House would allow banks to use digital assets or blockchain for activities already permitted under existing law; the version reported by the Senate committee would explicitly permit 11 categories of crypto activities, including allowing banks to underwrite and trade digital assets more broadly.
Odaily reports that Zano disclosed a validation flaw in the Gateway Addresses introduced by Hard Fork 6. An attacker minted approximately 18.4 million ZANO in a single transaction on August 29, then minted an equal amount again on September 25, and minted fUSD in the same manner.
The project team stated that the value of the illicit tokens involved exceeds $200 million, with potentially affected activity involving 117,941 outputs and 65,301 transactions. Zano has restored the chain state from block 3,833,000 and disabled Gateway Addresses. All affected balances will be fully restored, and the ZANO supply and issuance schedule will remain unchanged. (Bitcoin.com News)
Odaily News: The New York State Department of Financial Services and the Wyoming Division of Banking have signed a memorandum of understanding to coordinate licensing reviews, examinations, and potential enforcement actions for crypto companies operating across state lines.
Under the agreement, the two parties will share analytical findings, historical examination data, regulatory reports, and market trend data, coordinate examination schedules, and may conduct joint examinations of companies operating in both states.
Companies that have held a license or charter in one state for at least 3 years without enforcement action may receive expedited review when applying for approval in the other state, with the second regulator aiming to make a decision within 6 months. The two parties may also take joint, coordinated, or separate enforcement actions. (Cointelegraph)
Odaily News — According to monitoring by Drift Foundation, DFX claims and redemption are now live. Users with verified losses from the April 1 incident can claim 1 DFX per 1 USDT lost. Each DFX corresponds to a claim on the Recovery Pool, which currently holds approximately 3.11 million USDT. The funding sources include a portion of Velocity's daily protocol net revenue, up to 127.5 million USDT in matching funds from Tether, up to 20 million USDT from strategic partners, and assets recovered subsequently.
DFX can be redeemed for USDT at a redemption amount calculated as "Recovery Pool balance ÷ DFX outstanding supply." Redeemed DFX will be burned, and transactions are irreversible. The claims window will close on January 1, 2028, at 00:00 UTC, at which point unclaimed DFX will be burned.
Yesterday, Drift Foundation released an update on fund recovery efforts related to the April 1 security incident, in which approximately $295 million in user assets were stolen. The Foundation has engaged Mandiant, zeroShadow, and SEAL 911 to conduct investigations and trace funds, with Mandiant identifying the attacker as North Korean threat group UNC6862.
Odaily reports that according to monitoring by Illia Polosukhin, NEAR Intents and near.com have been restored online, though a small number of affected networks remain restricted. The approximately $3.8 million attack exploited a vulnerability in the interaction between the Omni deposit and withdrawal infrastructure and the NEAR Intents smart contract, with the impact limited to USDT on BSC. The NEAR core protocol, NEAR token, and other applications were unaffected, and affected users will receive full compensation.
