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According to data from the U.S. Department of the Treasury, as of September 30, the fiscal year 2026 U.S. budget deficit expanded by $217 billion year-on-year to $1.99 trillion, the highest level since the fiscal year 2021. Fiscal revenue reached a record $5.4 trillion, while expenditures amounted to $7.4 trillion. Debt service expenditures increased by 12% to $1.36 trillion. A Supreme Court ruling led to the refund of $145 billion in tariffs, resulting in a net tariff revenue decline of 11%. The budget deficit accounted for 6.2% of GDP.

The speech by Federal Reserve Chairman Waller failed to boost the dollar, with the Bloomberg Dollar Spot Index dropping 0.4% on Friday, set to record its worst weekly performance since September 4. The dollar weakened against most major currencies, with the euro rising. Waller did not comment on monetary policy at the International Monetary Fund annual meeting, and investors reduced their bets on a rate hike by the Federal Reserve this month.

Web3 game developer Unagi announced on the X platform that the company has entered a court-ordered judicial liquidation process in France, and all assets will be publicly sold under the supervision of a court-appointed liquidator.Unagi's products include Persona Journey, Ultimate Champions, and Records. The assets for sale include: the intellectual property of Persona Journey, NFT contracts and creator royalty rights, 957 Persona NFTs in the treasury, community accounts, and related AI products; the token UNA and its contracts; the fantasy football and basketball game Ultimate Champions and its NFT card economy; a white-label fantasy sports platform; the completed but unreleased prediction game Fantasy Brainz; and the AI user-generated content platform Records launched in March this year.Each asset can be acquired separately, with the bid deadline set for November 2.

Bitcoin News posted on the X platform that France is considering imposing a 31.4% capital gains tax on certain Bitcoin-to-stablecoin transactions, levying an exit tax on crypto assets valued over 800,000 euros, and requiring the declaration of self-custodied wallet assets valued at no less than 100,000 euros.Related proposals also include allowing the carryover of crypto asset losses for 10 years, but none of these have yet become law; the French National Assembly has rejected the revenue portion of the 2027 budget, and the related measures still need to be resubmitted for review.

According to Bitcoin.com, Bitcoin mining service provider Sazmining has announced the launch of a personal purchase plan, allowing customers to directly own immersion hash boards developed by Block's Bitcoin mining division Proto, which is owned by Jack Dorsey.Sazmining is responsible for the installation, operation, and maintenance of the mining facilities in the United States, and the mined Bitcoin will be sent directly to the customers' personal wallets. Each hash board is priced at $4,187, with a down payment of $1,397, and the remaining amount can be paid in 18 months with zero interest.The equipment is expected to start operating between November and December 2026, with a single hash power of about 200 TH/s and an energy efficiency of about 15 J/TH. Sazmining will charge a uniform rate for electricity and maintenance fees and provide hash board operation services to customers. The company was founded in 2018 and operates mining facilities in the United States, Paraguay, and Norway, serving both individual and institutional clients.

According to Cointelegraph, French hardware wallet manufacturer Ledger received multiple reports of malicious implants months before the latest security crisis occurred. Former Mt. Gox CEO Mark Karpelès stated that at least two individuals contacted Ledger starting in December 2025 to report that their devices had been tampered with, but no public warning was issued.Security researcher Joe Grand reported a malicious implant to Ledger on March 4, 2026, which was located in a Nano X purchased from Lazada in Thailand in August 2025.Ledger confirmed the findings and stated that an internal investigation would be launched, but did not proactively alert customers. Mark Karpelès believes that the increase in the number of reports and the complexity of the technology used should prompt Ledger to take action and at least remind customers to remain cautious.Ledger declined to comment on how they handled Joe Grand's disclosure, only directing to their public statement on X. The Ledger security crisis was made public on October 9, involving the loss of wallet crypto assets sold by Southeast Asian authorized dealer CryptoBilis; Ledger confirmed that one affected device contained an unauthorized implant. Trezor had also previously received reports involving unauthorized sellers tampering with devices.

Changxin Technology announced that it expects its operating revenue for the first three quarters of 2026 to be approximately 265 billion to 270 billion yuan, an increase of 232.916 billion to 237.916 billion yuan compared to the same period last year; it is expected that the net profit attributable to shareholders of the listed company will be approximately 131 billion to 132.5 billion yuan, compared to a loss of 5.28 billion yuan in the same period last year, achieving a turnaround.The company stated that due to the growth in demand for AI computing power and the improvement in the prosperity of the DRAM industry, there is a supply shortage of products and prices have risen sharply; the company is advancing capacity construction, product research and development, and process technology improvements, optimizing operational management and expanding the market.In addition, the company's chairman, Zhu Yiming, proposed to repurchase company shares for 1 billion to 2 billion yuan, with the repurchased shares intended for employee equity incentives, employee stock ownership plans, or reducing registered capital. The relevant plan still needs to go through the review process.

On October 16, Circle announced that in the first half of 2026, the on-chain settlement amount of USDC exceeded $36 trillion, and Circle minted and redeemed over $315 billion of USDC during the same period, averaging about $1.7 billion per day. The company stated that as of June, USDC accounted for approximately 77% of the global stablecoin trading volume, an increase from 60% a year ago.More attention from the market is focused on the income distribution of USDC. Circle disclosed that the company generated approximately $1.4 billion in revenue in the first half of the year, of which about $819 million was allocated to USDC distribution partners and transaction costs, accounting for about 59% of the revenue; another approximately $473 million was invested in licensing, banking partnerships, settlement liquidity, compliance systems, product development, and multi-chain deployment, accounting for about 34%. According to the announcement, for every $1 of revenue Circle earns, it ultimately retains only about 7 cents in net profit.This announcement may be in response to market concerns regarding "the monopolization of reserve income by stablecoin issuers." Circle stated that partners can share corresponding reserve income by holding and expanding their USDC balances on their platforms; currently, more than 150 trading platforms, wallets, banks, fintech companies, payment platforms, and enterprises have formed economic interests tied to the growth of USDC. Circle also mentioned that Binance signed a five-year commercial agreement with it in September and invested $100 million in Circle.On the product side, Circle announced the expansion of its free redemption mechanism: all Circle customers can still redeem USDC for free through traditional banking channels, with the funds typically arriving within two business days; customers who make payments through the Circle Payments Network or use eligible products such as Arc, Circle Mint, and Circle Wallets will be able to enjoy free, near-real-time redemption capabilities.

According to Bitcoin.com, asset management company Vaneck has applied to the U.S. Securities and Exchange Commission (SEC) to withdraw the registration documents for the Lido Staked Ethereum ETF. The document is dated October 14, 2026, the registration statement never became effective, and the fund has not sold any shares.The product was originally planned to hold liquid staking tokens stETH issued by the Lido protocol, rather than staking Ethereum directly through designated validators. The total locked value of Lido is currently about $23.6 billion, down from $33.3 billion a year ago.BlackRock launched ETHB, which stakes Ethereum directly through validators, in March 2026, with a net asset value of $409.8 million as of March 31.

The modular blockchain project Celestia announced the launch of Eden, a high-performance EVM chain running on Celestia. Celestia stated that Eden will serve as an "Agentic Commerce" experimental sandbox to test the behavior and infrastructure needs of AI Agents when autonomously making payments, trading, and calling models on-chain.Celestia indicated that as AI Agents begin to participate in more frequent on-chain transactions, the market demand for block space, real-time settlement, and low-friction payments will continue to rise. Eden will help teams observe what kind of transaction environment Agents need, how they manage funds, and how their on-chain behavior will affect network design.The first experimental project of Eden is Botfun, currently in closed testing. According to Celestia, participating Agents can issue tokens independently and trade around narratives generated by other Agents; each model inference call is paid on-chain via x402.Celestia claimed that this experiment briefly positioned Eden as one of the largest x402 networks by transaction count. From a technical configuration perspective, Eden is an EVM-compatible chain that supports atomic batch transactions, application-paid Gas, and larger smart contract deployments, with the native Gas token being TIA. These designs will reduce the friction of signatures and fees when Agents continuously execute payments, exchanges, and interactions.

According to CoinDesk, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), issued a statement on October 13, approving the rule change submitted by Cboe Global Markets. This change allows binary options linked to the key performance indicators (KPI) of 23 publicly listed companies in the United States. The metrics related to the cryptocurrency industry include: trading volume of Coinbase (COIN), number of customers and revenue of Robinhood (HOOD), and Bitcoin production of MARA Holdings (MARA).These contracts are cash-settled, European-style options that can only be exercised at expiration. The settlement data is derived from documents submitted by the companies to the SEC, rather than from earnings presentation materials. Cboe plans to launch these contracts this month, and Robinhood is expected to be the first brokerage to offer this product to retail investors. However, trading will not begin until the clearing agency Cboe Clear U.S. obtains temporary registration, and another related application is still under review.

According to a report by Reuters, the Russian government press office announced that Finance Minister Anton Siluanov, Energy Minister Sergei Tsivilev, and First Deputy Prime Minister Denis Manturov have joined the board of directors of the Russian payment company A7. In the context of Western sanctions affecting traditional banking channels, A7's role in maintaining trade relations between Russia and partners such as China is expanding.A7 was established in 2024 by the Russian bank PSB, which primarily serves the defense sector, to provide cross-border transaction settlement services for Russian enterprises. Due to Western sanctions, traditional banks have difficulty processing many payments related to Russia, especially trade payments with Russia's largest trading partner, China. A7 estimates that currently, up to 80% of Russia's foreign trade payments are completed through alternative channels.A7 has been subjected to multiple Western sanctions. The U.S. Treasury imposed sanctions on it on October 1, stating that it has established a global network of affiliated companies that "disguises payments related to sanctioned industries and individuals as ordinary business activities." A7 uses the ruble stablecoin A7A5 for settlements. This token was launched in 2025 in Kyrgyzstan and is backed by ruble deposits held at PSB Bank. According to PSB's estimates, the cumulative transaction volume of A7A5 has reached approximately $14 billion.

The cryptocurrency payment card data platform PayGlass Beta version is officially launched, aiming to provide users with comprehensive, accurate, and timely cryptocurrency card payment data. Currently, RedotPay, KAST, and Plasma One occupy the top three positions on the list.It is reported that PayGlass (https://www.payglass.io/) systematically compiles and analyzes different card projects around the core indicators and key features of cryptocurrency cards, covering multiple dimensions such as transaction volume, fee rates, cashback and promotional benefits, and issuing teams, helping users to better understand the product characteristics, cost structures, and service differences of various cryptocurrency cards.

The cryptocurrency-friendly securities platform UMX (The Unified Market Exchange), incubated by Avenir Group under Li Lin, has officially launched. Since the public beta started on August 10, UMX has received a total of 788 product feedbacks, among which 89 demands have been implemented in this official version.According to reports, UMX is positioned as a cryptocurrency-friendly securities platform for global professional investors, focusing on trading real Hong Kong and U.S. stocks, ETFs, U.S. stock options, and cryptocurrency assets. It aims to address issues such as the separation of digital assets and securities assets into different account systems, the complexity of cross-market allocation processes, and the dispersion of purchasing power. Users can trade real securities and cryptocurrency assets under a unified account system and flexibly transfer funds between securities, cryptocurrency assets, and fiat currency, using a cross-asset unified margin.

According to Bloomberg, citing informed sources, Haider Rafique, Global Managing Partner and Chief Marketing Officer of OKX, plans to leave by the end of 2026. Both an OKX spokesperson and Rafique declined to comment.Rafique joined OKX in March 2020, leading the exchange's brand overhaul and driving collaborations with institutions such as the McLaren F1 team and the Tribeca Film Festival. He was also involved in facilitating Intercontinental Exchange's $200 million strategic investment in OKX this March, which valued OKX at $25 billion.

Singapore Gulf Bank (SGB) announced that personal customers can conduct two-way exchanges between USD and USDT, USDC through the mobile banking app, without the need to transfer funds to a cryptocurrency exchange.Customers can hold USDT, USDC, and other fiat currencies in the same bank account, and the service supports 24-hour exchanges from Monday to Friday. Singapore Gulf Bank was initiated by the Singapore Huangpu Group.

According to data from RootData Stock Derivatives Exchange, with the official release of Tesla's new generation Roadster in Texas on October 15 local time, trading in TSLA-related stock derivatives has become active, with TSLA contract prices across exchanges generally rising by about 4% in 24 hours.The platform recorded 12 TSLA stock derivatives trading markets, with a total trading volume of approximately $531 million in the past 24 hours and an open interest (OI) value of approximately $241 million. Among them, the top three exchanges by trading volume in 24 hours are Binance, Hyperliquid, and Bitget, with trading volumes of $246 million, $153 million, and $38.927 million respectively; the top three exchanges by open interest (OI) are Hyperliquid, Binance, and Gate, with OI values of $96.124 million, $71.400 million, and $22.046 million respectively.

According to Coinglass data, the current holdings of whales on the Hyperliquid platform amount to 8.588 billion dollars, with long positions totaling 4.015 billion dollars, accounting for 46.75% of the holdings, and short positions totaling 4.573 billion dollars, accounting for 53.25% of the holdings. The profit and loss for long positions is 253 million dollars, while the profit and loss for short positions is -233 million dollars.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2322.64 dollars, currently showing an unrealized profit and loss of -14.4412 million dollars.