Odaily News: Bloomberg ETF analyst Eric Balchunas posted on X that Korean fund managers are resigning from jobs that prohibit them from holding stocks through personal accounts, instead turning to day trading or joining independent firms with fewer restrictions. He noted that these fund managers, watching the market surge from up close while being unable to participate, may find it extremely frustrating.

Odaily reports, according to GMGN market data, the AI concept project NeoSoul's token DNA has risen above $0.23, now trading at $0.2313, with intraday gains exceeding 210%.

It is reported that NeoSoul is dedicated to building an operating system for the AI Agent economy. Its core product NeoTrade is positioned as a universal execution layer for trading Agents, supporting AI Agents in conducting trading operations.

Odaily reminds users that token prices are highly volatile, please be aware of trading risks.

Odaily News: Modular blockchain project Celestia has announced the launch of Eden, a high-performance EVM-compatible chain running on Celestia, serving as an experimental sandbox for testing AI Agent autonomous payments, trading, and model calls. Eden supports atomic batch transactions, application-sponsored gas, and larger smart contract deployments, with TIA as its native gas token. Eden's first experimental project is Botfun, currently in closed beta, where participating Agents can independently issue tokens and trade around narratives generated by other Agents; each model inference call is paid on-chain via x402.

1. Thanks to investments in SpaceX and others, Harvard's endowment grew to $68 billion, the best performance in five years;

2. Solana Foundation Chair responds to Shanghai event postponement: registrations surged to 4x the original number, exceeding the declared cap;

3. JPYC: The delay issue for yen stablecoin issuance on the Polygon network has been resolved, and related processing is gradually resuming;

4. Vitalik launches "paranoid mode" for his AI Agent, integrating zkAPI, Tor, and local large language models to enhance privacy protection;

5. NeoSoul announces the Believe Plan, binding the interests of the company, products, and team to DNA with a century-long vision;

6. DWF Labs: The fusion of AI and crypto has not yet been priced in by the market, and sectors such as DePIN may present opportunities;

7. South Korean regulators will strengthen oversight of offshore perpetual contract platforms serving the Korean market;

8. Filecoin advances reward mechanism reform, with FIL's daily new circulating supply expected to drop by 75%;

9. Trump's AI task force holds first meeting: requires reporting of hacker attacks and "jailbreaks," no new regulations discussed yet;

10. Shanghai: Advance the construction of the national blockchain network (Shanghai hub), strengthening foundational capabilities such as cross-chain services.

Odaily reports that traders will soon be able to participate in binary options trading in the US market, with contracts centered on whether the stock prices of cryptocurrency exchange Coinbase, fintech company Robinhood, and Bitcoin miner Marathon can reach preset targets. The corresponding ticker symbols for the three companies are COIN, HOOD, and MARA, respectively. (CoinDesk)

Odaily News: The Tokenized Asset Coalition (TAC) has launched the Global Access Protocol (GAP), designed to enable composability of tokenized securities within DeFi. TAC stated that GAP was developed over the course of a year by TAC and the Digital Securities Initiative, during which multiple discussions were held with the U.S. SEC, CFTC, and the Treasury Department. More details will be announced next week. TAC also announced the addition of 12 new members: Ascend, Control, Cryptio, Digital Securities Initiative, Enterprise Ethereum Alliance, Euler, Lava, OpenZeppelin, Overmatch Capital, Protocol Wealth, Reserve, and T-RIZE.

Odaily reports that Bybit today added the Derive (DRVUSDT) perpetual contract, supporting up to 20x leverage.

Odaily reports that CryptoQuant posted on X platform stating that with the Ethereum leveraged positions on Binance being cleared, the ETH market structure has become healthier, but there is still a lack of clear catalysts to drive prices higher.

CryptoQuant noted that going forward, key focus should be on whether USDT flows back into Binance and whether the Coinbase Premium Index can turn positive. If these signals emerge, they could shift the Ethereum market outlook toward bullish.

Odaily reports that stablecoin issuer Circle plans to expand into approximately 50 emerging and developing markets to meet growing demand for digital dollar payments in Southeast Asia, Latin America, and the Middle East.

USDC circulation stands at about $73.3 billion, accounting for roughly one-quarter of the stablecoin market; USDT's market share is close to 60%, higher than that of USDC.

Circle's $400 million acquisition of Tazapay, the newly launched Arc blockchain, and its approval for a federal trust bank charter are expected to support its market expansion; a clearer regulatory environment is driving stablecoin adoption. (CoinDesk)

Odaily reports that QCP released a market report noting that U.S. September CPI rose 3.7% year-over-year, above the market expectation of 3.6%, with a 0.6% month-over-month increase; core CPI rose 2.6% year-over-year, also exceeding expectations. Despite the stronger inflation data, U.S. Treasury yields still fell sharply, with 10-year and 30-year Treasury yields reversing lower after touching 5.35% and 5.73% respectively, reflecting rising demand for safe-haven assets.

QCP believes that credit risk in the AI infrastructure sector is becoming a focal point for the market. CoreWeave's stock price fell 15.5%, and its 5-year credit default swap (CDS) quote rose to 60%, triggering market concerns about the debt-servicing capacity of AI computing companies and dragging down the Nasdaq index and South Korea's KOSPI index.

Additionally, MSCI's new classification methodology for non-operating companies may affect the index inclusion eligibility of certain enterprises, further increasing structural risks in the market.

QCP notes that the market's focus is shifting from inflation constraints to credit risk in the AI industry. As the tech company earnings season approaches in the next two weeks, related risks may continue to affect investor position allocation and IPO expectations for tech companies this quarter.

Odaily reports that Gerald Podobnik stated Deutsche Bank will launch its first digital asset service within weeks. In the first phase, it will roll out crypto custody in Germany, supporting major cryptocurrencies such as Bitcoin and Ethereum, and will subsequently add mainstream stablecoin redemption services. The bank plans to expand its custody platform to Asian financial hubs next year and offer tokenized deposit services, helping clients issue digital bonds and other blockchain-based securities.

Odaily reports: Vitalik posted on X platform stating that he has integrated Wrapped zkAPI, Tor, additional cover traffic, and local LLM prompt rewriting into an OpenAI-compatible daemon, and built a "paranoid mode" wrapper for the agent tool pi. Each conversation is assigned an independent Tor circuit, requests include random cover traffic, zkAPI avoids identity leakage through a payment mechanism, and all prompts are rewritten locally; his agent tool runs in a bwrap sandbox with torsocks layered on top, and all operations go through Tor. This solution already has relatively high usability but increases latency; Vitalik stated that Tor is not an ideal privacy solution in this scenario, and more specialized mix networks may require higher bandwidth overhead and built-in constant cover traffic. Lower mainnet deposit and withdrawal gas costs for zkAPI are coming soon.

According to Odaily monitoring, a contract account belonging to a certain address has accumulated profits exceeding $21.7 million. At 18:32 on October 16, 2026, it closed a BTC long position worth approximately $12.31 million, realizing a profit of about $180,500 from the closure. It had previously held a BTC long position worth approximately $12.27 million, which has now been fully closed.

Address: 0xbf732ea04197942783e34730ed6e0f6099575d58

Odaily reports: Alex Taaffe, Chief Revenue Officer of digital asset trading firm GSR, stated that the on-chain issuance of real-world assets (RWAs) continues to increase, but investor demand has yet to match, and the growing number of issuers and blockchains has further fragmented liquidity in the tokenized market.

Mike Silagadze, founder and CEO of ether.fi, said that stablecoins facilitate cross-border transfers, but broader adoption depends on whether they can be used for everyday spending; Yvonne Chia, Head of Communications at USDD, believes that issuers should prioritize improving user experience.

The stablecoin market cap stands at $306 billion, up approximately 2% year-over-year and about 74% over the past 12 months. Ilya Podoynitsyn, co-founder and CEO of FinHarbor, pointed out that service providers still need to address regulatory requirements across different jurisdictions and adjust their infrastructure and compliance systems.

Miguel Morel, founder and CEO of blockchain analytics firm Arkham Intelligence, said that on-chain data can be used to assess counterparty risk and the source of client deposits. Pulkit Gupta of Nomad Capital noted that crypto market liquidity has been relatively weak over the past three months, making it more difficult to exit altcoin investments. (Cointelegraph)

Odaily News: JPY stablecoin issuer JPYC posted on X platform that JPYC issuance processing on the Polygon network had experienced delays since around 14:00 today. The issue has now been resolved, and previously backlogged issuance requests are being processed sequentially.

JPYC emphasized that JPYC issuance services on other networks and redemption processing on all networks were unaffected by this incident.

Odaily reports: Ronin officially announced that the Ronin Waypoint migration has entered the final grace period, which will last until 23:00 Beijing time on October 31, 2026. After the grace period ends, Ronin Waypoint will be completely shut down and the migration will be complete. Previously, Ronin required users to migrate assets from their Waypoint wallets to Ronin Stash or mnemonic wallets by October 16, and unmigrated assets may become inaccessible.