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Barclays stated that the merger between Tesla (TSLA.O) and SpaceX (SPCX.O) may be announced before December.

The on-chain data analysis platform Bubblemaps accused that wallets associated with Anglio traded in advance before recommendations were published on Pump.fun, estimating a profit of about $50,000 from trades and approximately $80,000 in recommendation rewards. Bubblemaps presents the relationships between on-chain wallets through visual bubble charts, used to identify the connections between token holders and the flow of funds.This accusation points to the recommendation behavior on Pump.fun, where certain accounts built positions before the tokens were publicly recommended. Meanwhile, Pump.fun is shifting its reward payment mechanism to focus on the earnings of followers, distributing rewards based on the returns of followers.

According to Token Terminal data, the total market capitalization of the tokenized ETF market has reached $686.5 million, with Ethereum ranking first with a market capitalization of $303 million, accounting for about 44%. BNB Chain ranks second with $192.1 million, and Solana ranks third with $91.5 million.The above three blockchains collectively account for about 85% of the market capitalization of the tokenized ETF market, indicating that related assets are mainly concentrated in the Ethereum, BNB Chain, and Solana ecosystems.

Hyperliquid HIP-3 has generated a total revenue of 75 million USD, of which 37.5 million USD goes to the deployer, and another 37.5 million USD is used for the buyback and destruction of Hyperliquid's native tokens.HIP-3 is the mechanism for the deployer to launch perpetual markets on Hyperliquid, allowing the deployer to define the oracles and contract specifications and be responsible for operations, while reusing the protocol's order book and clearing infrastructure. The related market fees are usually shared between the deployer and the protocol in proportion, and the protocol's revenue can be used for buyback and destruction.

The Thailand Securities and Exchange Commission has completed the rule-making for Bitcoin ETFs, and the new regulations will take effect on October 16. Bitcoin has been included as a qualified asset in the first phase.According to the rules, the average net exposure of the relevant funds for each accounting year must reach at least 80% of the net asset value. The custodian must be licensed by the Thailand Securities and Exchange Commission, and fund shares can only be traded on the Thailand Stock Exchange. Securities companies are not allowed to provide margin financing. Thai mutual funds and private funds will be permitted to invest in locally listed cryptocurrency ETFs, but initially, the issuance and provision of depositary receipts related to overseas cryptocurrency ETFs are prohibited.

The Synthetic Dollar Agreement's founder and CEO of Ethena, Guy Young, stated that users have noticed a large investor wallet transferring tokens in the past 48 hours. He confirmed that the related transfers are a security precaution related to recent concerns about hardware wallets and do not indicate that the tokens are being sold after being transferred.Guy Young made the above statement on X in response to the community's concerns about the on-chain movements of large wallets. He emphasized that the related operations are precautionary arrangements taken for security reasons and do not represent that investors are selling their held tokens.

According to a report by The Block, Standard Chartered Bank has postponed its prediction for the stablecoin market to reach a scale of $2 trillion from 2028 to 2030. Geoffrey Kendrick, the bank's global head of digital asset research, stated that the $2 trillion scale estimate remains unchanged, but he believes the market will need an additional two years to reach it. Over the past 12 months, the supply of stablecoins has remained in the range of $300 billion to $320 billion, currently around $309 billion. Kendrick believes this slowdown is cyclical rather than structural, as it occurs during a period of weak activity in the cryptocurrency market.Kendrick pointed out that despite the stagnation in supply growth, the use and trading activity of stablecoins continue to rise. The on-chain original transfer amount set a monthly record of $19 trillion in May, with an average monthly scale of nearly $10 trillion this year, higher than the $4 trillion expected in 2025.The monthly average circulation velocity, which measures the number of times each dollar of stablecoin is transferred, has doubled this year to about 30 times, compared to 15 times in 2025, with USDT maintaining around 7 times, while USDC has increased from 45 times to about 80 times. Kendrick stated that the differences stem from different uses, with USDT primarily used for dollar savings in emerging markets, while USDC is more used for payments, financial transactions, and early payments between AI agents.Kendrick expects that competition in stablecoin payments and trading in developed markets will be the most intense, with potential challengers including Open USD, stablecoin infrastructure provider M^0, and the A+ network, which plans to allow banks to issue shared stablecoins and retain reserve earnings.

According to CoinDesk, based on the report "Inside North America's $3 trillion crypto economy: Agentic commerce accelerates" released by Chainalysis, AI agents have completed over 138 million transactions through the x402 payment protocol incubated on the Base blockchain via Coinbase, using cryptocurrency to purchase data, computing power, and access to AI models.The report indicates that in geographically identifiable AI model inference payments, wallets associated with the United States account for 88.1%, while wallets associated with China only account for 0.1%. Eric Jardine, the research director at Chainalysis, stated that one possible explanation is that Chinese developers are more inclined to use open-weight models like DeepSeek and Qwen, thereby reducing the demand for pay-per-use inference services.Chinese-associated wallets exhibit different activity patterns, accounting for about 90% of geographically identifiable payments for security and code analysis services, with most of the flow directed towards the AI smart contract auditing platform AgentLisa.Jardine also cautioned that this gap should not be interpreted as open-source AI weakening the on-chain inference market in Asia. Currently, payment giants such as Visa, Mastercard, and Stripe have supported the x402 protocol, and Coinbase has also begun allowing enterprise clients to accept AI agent payments.

According to PR Newswire, the cryptocurrency payment platform Mesh announced the launch of Link Chat. The company stated that this is an AI-driven product experience within Mesh Link, allowing users to initiate financial operations using natural language.This capability has gone live and is being rolled out to partners, with plans to expand to the Mesh product stack, covering payments and other supported transaction types. Mesh was founded in 2020 and is building a cryptocurrency payment network connecting hundreds of exchanges, wallets, and financial service platforms.According to Mesh, after users make a request, the platform can present eligible accounts and funding sources, including connected accounts and compatible accounts that can be connected. An example intent is to deposit 50 USDC into an account.Users specify the action they intend to take and review and confirm the transaction details, after which Mesh orchestrates the connection between the funding source and the target platform, requiring user approval before the funds move. Relevant uses include transferring funds into accounts, completing payments, or other supported operations.

The tokenized asset platform Ondo announced on platform X that its total locked value has reached 4 billion dollars. Ondo stated that its products have expanded from tokenized U.S. Treasury bonds to tokenized stocks, ETFs, portfolios, and private markets.Ondo disclosed that the scale of tokenized stocks and ETFs exceeds 1.3 billion dollars, with a cumulative number of holders exceeding 1 million, claiming to be the platform with the largest scale of tokenized U.S. Treasury bonds.Ondo stated that the related growth is associated with Ondo Stocks accessing liquidity from traditional financial exchanges through RFQ, with leading wallets and applications making this liquidity accessible, allowing assets to be transferred permissionlessly on Solana, Ethereum, and BNB Chain.

According to Bitcoin News monitoring, Bitcoin News released a podcast where former Mt. Gox CEO Mark Karpelès discussed the largest supply chain attack in the history of the cryptocurrency industry with Foundation CEO Zach Herbert.Mark Karpelès stated that he discovered a spy implant three weeks before the funds were stolen and contacted Ledger, but received no response. The implant was equipped with a hidden cellular modem that could directly read the mnemonic phrases displayed on the screen and bypass Ledger's own checks; even setting a passphrase would not prevent the mnemonic phrases from being stolen.Mark Karpelès mentioned that if he had $5 million, he could create an implant that would only be detectable through X-rays. The show also discussed the hardware wallet dealer model, the Malaysian dealer behind the attack, on-chain tracking of stolen crypto assets, the spread of the attack to Europe, reasons why Trezor was not targeted, hardware wallet security, and multi-party computation solutions. The show timeline indicated that the amount stolen from hardware wallets reached $100 million, with $86 million transferred out within 24 hours.

According to Bitcoin News monitoring, a German Ledger user @jayr_crypto reported receiving a forged letter again this week. The letter impersonates Ledger, claiming that new regulations require users to register their Bitcoin wallets through a service called ZenLedger by October 31. The letter uses Ledger's official branding elements and mentions German financial regulators, while also including a QR code that directs users to a so-called mandatory registration process.The user believes that addresses exposed in a previous data breach are being used for targeted attacks on Ledger users. In the same week, Ledger coordinated with MediaMarktSaturn to suspend the sale of its hardware wallets in a European retail network covering 11 countries and over 1,000 stores.Earlier reports indicated that malicious spy implants were found inside Ledger devices purchased from European retailers. Ledger confirmed separately that compromised devices sold by a Southeast Asian distributor contained implants capable of stealing recovery phrases and transmitting them over cellular networks. Ledger has not confirmed any breaches of devices in Europe. Ledger users are currently facing physical supply chain tampering and targeted phishing attacks initiated using home addresses. Do not scan suspicious QR codes or enter recovery phrases.

According to The Block, Bank of New York Mellon (BNY) and Citadel Securities completed a triparty repurchase agreement using tokenized U.S. Treasury bonds. Citadel Securities purchased a 2-year U.S. Treasury bond through Tradeweb via Bank of New York Mellon, which recorded the tokenized version of the bond on its private digital ledger and completed the settlement in minutes, rather than the traditional T+1.Subsequently, Citadel used the tokenized Treasury bond as collateral for overnight triparty repurchase financing from Bank of New York Mellon. Bank of New York Mellon stated that this is the first use of tokenized assets on a major triparty repurchase platform.Carolyn Weinberg, the bank's head of innovation and market transformation, stated that using the tokenized representation of U.S. Treasury bonds for both settlement and financing helps create a more connected, efficient, and round-the-clock financial system. The bank also plans to enhance its capabilities for digital cash and tokenized deposits for institutional settlement and financing, with plans to extend the operating hours of the relevant settlement platform to European and Asian trading sessions next year.

According to The Block, brokerage service provider DriveWealth has partnered with Ripple to integrate its stablecoin settlement, cross-border payment, and digital asset custody services into its brokerage platform.The two parties will initially launch settlement operations in Europe and plan to expand the service scope to the United States. This integration will utilize the Ripple RLUSD stablecoin on the XRP Ledger, allowing DriveWealth customers to use a stablecoin that can be converted to fiat currency almost in real-time for collateral account funding and management. Additionally, both parties are exploring opportunities for equity financing through Ripple Prime.

Driven by the impact of the Iran war, U.S. CPI for September, not seasonally adjusted, rose to 3.7%, further increasing the cost of living pressure on Americans as the midterm elections in November approach. The not seasonally adjusted core CPI year-on-year rate increased from 2.4% in August to 2.6%.After the data was released, U.S. Treasury yields surged, international gold and silver prices plummeted, and the U.S. dollar index rose, while the market increased bets on three more interest rate hikes by the Federal Reserve before the end of 2027. The data released by the U.S. Bureau of Labor Statistics marks the first increase in U.S. inflation rates since May, highlighting that the energy price shocks triggered by the Middle East war continue to affect the world's largest economy.After the outbreak of the war, gasoline and diesel prices soared, then retreated during the summer, but in recent months, as tensions escalated, fuel prices rose again, pushing diesel prices to a historic high. U.S. President Trump has been trying to control the impact of rising energy prices.Polls show that dissatisfied voters may direct their discontent toward the Republican Party in next month's midterm elections, which will determine control of Congress.

The U.S. September seasonally adjusted core CPI year-on-year is 2.6%, expected 2.50%, previous value 2.40%.The U.S. September seasonally adjusted core CPI month-on-month is 0.3%, expected 0.20%, previous value 0.30%. The U.S. September seasonally adjusted CPI month-on-month is 0.6%, expected 0.60%, previous value 0.40%.

According to the official blog of Avalanche, the Dubai International Financial Centre (DIFC) court has announced the adoption of Avalanche blockchain technology to provide globally verifiable digital authenticity certificates for its court orders and hearing records.The system binds encrypted hashes of documents to unique NFT certificates on the Avalanche C-Chain, allowing any institution to verify document authenticity within seconds without contacting the court, while the document content and confidential information are not stored on-chain, maintaining complete privacy.Avalanche's settlement speed is less than one second, and records are non-reversible. In addition, the Telecommunications and Digital Government Regulatory Authority (TDRA) of the UAE is also collaborating with Ava Labs to integrate Avalanche technology into the Digital Vault blockchain layer of the national digital identity platform UAE PASS, which serves over 12.5 million users, further promoting the construction of a credible verification system for government documents on-chain in the UAE.

Morgan Stanley's third-quarter profit grew, with revenue from stock trading reaching $5.8 billion, exceeding market expectations of $4.9 billion.The wealth management business attracted a record $232 billion in net new assets, expanding its total scale to $8.4 trillion.

The Ukrainian military reported that SpaceX's Starlink satellite internet system is facing new usage restrictions. Polish Foreign Minister Sikorski questioned Musk whether he is using the product to play politics.An advisor to the Ukrainian president stated that SpaceX has imposed restrictions on Starlink terminals, and Ukraine has not received any notification. Starlink has become an important infrastructure for communication on the Ukrainian battlefield, with Poland funding part of the costs.

Recently, Gate founder and CEO Dr. Han was interviewed by Fortune, sharing Gate's strategic plan to transition from a cryptocurrency trading platform to an integrated financial application.Dr. Han pointed out that traditional finance and the crypto world have long been disconnected, requiring users to switch between banks, brokerages, cryptocurrency exchanges, and payment tools. During TOKEN2049 Singapore, Gate launched Gate Money and proposed the vision of "One Gate, Everything Money," integrating fiat currency, digital assets, stocks, ETFs, gold, bank accounts, and payment settlements into a single account app. With the Gate Card, cryptocurrency, fiat currency, tokenized gold, or stocks can be directly used for daily payments, eliminating the need to hold large amounts of low-yield cash for expenses; users in eligible regions can also open a global bank account in their name online, which will support receiving payments in over 60 local currencies in the future.Dr. Han stated, "No one needs to sell stocks to buy a cup of coffee, nor do they need to hold large amounts of cash for emergencies."