Odaily News — According to monitoring by SlowMist's Yu Xian, MistTrack_io's TrackAgent discovered that North Korean hackers used automated scripts to create orders on CoW Protocol and set the receiving address to pre-prepared Chainflip Deposit-related contract addresses. After the orders were filled, the relevant assets could complete cross-chain operations on Chainflip and be swapped into BTC. The operation involves stolen Bitget funds.

According to Lookonchain monitoring, two whales today swapped 50.95 WBTC for 25,500 AAVE, worth $4.26 million.

Odaily News: According to SoSoValue data, yesterday (September 29, US Eastern Time), SOL spot ETFs recorded total daily net inflows of $5.438 million.

Among them, Bitwise Solana Staking ETF (BSOL) recorded daily net inflows of $5.7467 million, with total historical net inflows reaching $1.234 billion.

VanEck Solana ETF (VSOL) recorded daily net outflows of $1.6031 million, with total historical net inflows reaching $24.3328 million.

As of press time, the total net asset value of SOL spot ETFs stands at $1.938 billion, with a SOL net asset ratio of 2.77%, and cumulative historical net inflows have reached $1.623 billion.

Odaily News: Abracadabra has initiated a proposal vote to shut down the protocol and liquidate MIM, planning to liquidate the protocol's remaining assets, convert collateral into ETH, and distribute it proportionally to MIM holders.

The team estimates that MIM has approximately $900,000 in executable backing, with bad debt amounting to $21 million. MIM is effectively backed at less than $0.04 per token, with over 95% lacking collateral support. As a CDP stablecoin, MIM constitutes protocol liability with priority over the governance token SPELL; until MIM liabilities are fully repaid, SPELL holds no accounting value.

Odaily News: Bitdeer released its unaudited consolidated financial statements for the period ended June 30, showing net revenue of $418 million for the first half of the year, compared to $226 million in the same period last year; gross loss of $47.57 million, operating loss of $208 million, and net loss of $252 million, compared to net income of $42.38 million in the same period last year.

As of June 30, the fair value of digital assets directly held by Bitdeer was approximately $34.762 million, including 406 BTC, 3,080 ETH, 5.3116 million USDT, 7,447 FIL, and a small amount of other digital assets.

Odaily Report: Binance Pay will open its service to eligible overseas users starting Wednesday, allowing visitors to Japan to pay with USDT at most merchants supporting PayPay via HIVEX.

HIVEX is a payment interoperability framework that connects overseas QR code payment services with merchants supporting PayPay in Japan. Merchants do not need separate integration, and settlements are still conducted in Japanese yen.

PayPay is a Japanese cashless payment service covering millions of locations, including large chain stores, small retailers, vending machines, taxis, and public transportation. (Cointelegraph)

Odaily reports that Bybit has announced the completion of a SOC 2 Type II audit independently conducted by Deloitte. This marks a key step forward in Bybit's ongoing investment in security and compliance, proactively benchmarking against the security governance standards of top global financial institutions.

According to available information, SOC 2 Type II is established by the American Institute of Certified Public Accountants (AICPA) and is one of the most rigorous internationally recognized standards for security and operational assurance. Bybit stated that this audit independently verified the effective operation of its security framework across governance, technology, processes, and personnel, reflecting management's long-term commitment to making user protection a core priority at all levels.

In terms of compliance development, Bybit is accelerating the construction of a multi-dimensional security moat. This SOC 2 Type II report will deeply complement its existing ISO/IEC 27001 certification and PCI DSS compliance validation, building a more comprehensive compliance system spanning information security, data protection, and operational reliability.

Bybit stated that in the face of evolving industry and regulatory demands, the platform will continue to increase its investment in security capabilities, further solidifying the trust foundation of over 80 million global users and institutional partners through enhanced transparency and the introduction of independent reviews.

According to Gate data, the US dollar against the Japanese yen (USDJPY) fell to 156.5, currently at 156.465, a 24-hour decline of 0.6%.

Odaily News: Zach Pandl, Head of Research at Grayscale, posted on X that over the past year, the price of ZEC has risen from about $60 to about $1,500, but Grayscale believes it has not yet reached its valuation ceiling. ZEC's market cap as a share of Bitcoin's market cap has risen from less than 0.1% a year ago to about 1.5%; Grayscale expects that market demand for privacy-preserving technology will continue to grow, and if Zcash continues to offer privacy features superior to those of other cryptocurrencies, there is still room to further expand its market share.

Odaily News: According to an official announcement, Bitget has released its 47th Proof of Reserves (PoR). The total reserve ratio reached 131%, covering 19 asset types. Among them, the reserve ratios for BTC, ETH, USDT, and USDC were 142%, 110%, 107%, and 154%, respectively.

Bitget has been updating its Proof of Reserves on a monthly basis since December 2022, and in September of this year expanded its coverage from 4 asset types to 19, providing users with broader visibility into the platform's reserves. Bitget's historical average reserve ratio has remained above 120%, exceeding the 100% coverage benchmark and providing full coverage for insured user assets.

Odaily report: Cindy posted on the X platform stating that she will step down from her role at Velocity, and the protocol will continue to be operated by the existing team. She stated that the team built an on-chain perpetual contract exchange five and a half years ago and launched it on Solana in November 2021, with cumulative trading volume exceeding $150 billion.

In April of this year, after Velocity was attacked by North Korean hackers, the team reached an agreement with Tether to facilitate the recovery of user assets and rebuilt the exchange after a comprehensive security upgrade. Currently, Velocity has completed its audit and is fully open-source, officially restarting today. The team will continue to advance asset recovery, technical upgrades, and growth efforts.

Odaily reports that Strategy Executive Chairman Michael Saylor has proposed changing the dividend payment frequency for billions of dollars in preferred stock from semi-monthly or quarterly to daily payments, with the related securities offering an annualized yield of up to 12%. Strategy currently has over $14 billion in preferred stock outstanding; the company previously raised funds by selling common stock to purchase Bitcoin, and shifted to issuing perpetual preferred stock after the premium of its common stock relative to its Bitcoin holdings disappeared. Shareholder voting on the proposal will conclude on October 28.

Odaily reports that BlackRock stated in its report "The Machine-Native Economy" that AI and digital assets are accelerating their convergence: AI can enable machine-native intelligence, while digital assets can provide machine-native currency. As AI agents autonomously purchase services and initiate financial transactions, blockchain can provide machine-readable assets and programmable settlement infrastructure; stablecoins may be the first to become the primary transaction tool for agent-based commercial activity.

BlackRock noted that as of September 2026, stablecoin circulating market capitalization exceeded $300 billion, with adjusted transaction volume surpassing $11 trillion in 2025, representing a compound annual growth rate of 80% from 2020 to 2025. In addition, compute usage rights could in the future be standardized and tokenized for transfer, collateralization, and programmable settlement, while compute futures may also support price discovery and risk hedging.

Odaily News: Cathie Wood stated that Kalshi, a private company, has been added to her ETF strategy, noting that Kalshi's management team is forward-thinking and is positioning itself in the direction of prediction market development.

Odaily reports that on-chain data shows USDC Treasury minted an additional 250 million USDC on the Solana network at 9:37 AM Beijing time today.