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According to Bloomberg, the cryptocurrency market is experiencing a tug-of-war between bulls and bears, with analysts still leaning bullish, but the speculative market is shifting towards defense, putting pressure on risk appetite. Bitcoin briefly fell below $80,000 for the first time in nearly a month; affected by the sell-off in the U.S. stock market's AI sector, risk assets retreated, and the bullish sentiment that the cryptocurrency market was trying to rebuild was once again thwarted.Jeff Anderson, head of STS Digital in the U.S., stated that inflation data will "severely impact risk appetite," and the market is entering a quiet period before the Federal Reserve's interest rate meeting, with interest rate expectations still uncertain. Nick Forster, founder of Derive.xyz, mentioned that in the past 24 hours, the market's pricing of Bitcoin's probability of rising to $100,000 before Christmas has decreased by 2.8 percentage points to 9.7%; long-term bullish bets have quickly retreated, short-term hedging demand has surged, and institutions are reassessing macro risk exposure as the interest rate outlook becomes unclear again.

Cryptocurrency media Watcher Guru reported that Australia has proposed legislation requiring the reporting of cryptocurrency transactions and the initiation of international tax information sharing.According to the bill, cryptocurrency platforms will be required to report transactions involving Australian residents to tax authorities starting from July 2027.

According to Cointelegraph, the Central Bank of Russia stated in updated regulatory guidelines that arrangements for individuals to conduct peer-to-peer transactions in crypto assets will continue until July 1, 2027. After that, related transactions must be completed through authorized intermediaries. The Central Bank of Russia also clarified that individuals are not allowed to transfer crypto assets from digital accounts to self-custody wallets.Russia is expanding its regulated crypto market, with the country's largest bank, Sberbank, having been authorized to provide crypto asset trading services, having previously been approved to become a digital asset custodian. The new crypto asset regulatory rules in Russia took effect on September 1, bringing trading operators and custodians under the supervision of the Central Bank of Russia; the country still prohibits the use of cryptocurrencies for payment of goods and services. Jan3 CEO Samson Mow stated that P2P transactions are more resilient to regulatory crackdowns than centralized platforms.

Grayscale announced a partnership with the investment platform Republic to offer Grayscale's investment products to qualified investors, including the Grayscale DeFi Fund, Grayscale Decentralized AI Fund, and Grayscale Data Network Trust.Among them, the DeFi Fund covers tokens such as UNI, AAVE, ONDO, ENA, CRV, and LDO; the Decentralized AI Fund covers tokens such as NEAR, TAO, RENDER, and FIL; the Data Network Trust provides investment exposure to the native token DATA of the DATA Network.

Crypto.com Exchange announced the launch of Predict Pro, a prediction market trading platform for real-world events aimed at U.S. users.The product supports real-time order books, multiple order types, and prediction combination trading of 2 to 6 items, covering events such as sports, elections, and cryptocurrency prices.

According to Bitcoin News monitoring, a certain address has held 4,581.94 bitcoins since March 3, 2020, and transferred all of them in a transaction on October 12. The price when these bitcoins were acquired was approximately $8,830, valued at about $40.5 million; at the time of transfer, the price was around $82,350, corresponding to a value of about $377 million.Four new addresses each received 1,000 bitcoins, while the fifth address received 581.94 bitcoins, with a transaction fee of 732 satoshis. As of the next day, none of the five addresses had made any transfers. The address had previously ignored 22 dust transactions, including an attempt to poison a similar address.

According to Lookonchain monitoring, about 9 hours ago, 3 wallet addresses jointly sold 2.9 billion $PUMP at an average price of $0.00434, totaling 12.58 million $USDC.

According to Decrypt, the Virtual Currency Unit of the Brooklyn District Attorney's Office in New York, in collaboration with the FBI, successfully dismantled a multinational cryptocurrency investment scam network targeting the Russian-speaking community across the United States, seizing and shutting down 112 servers and 241 associated website domains. The involved servers were primarily hosted in Eastern Europe and the United States, with the core infrastructure and IP nodes distributed in places like Ukraine.Forensic evidence from the servers also indicated that the scammers would strike again weeks later, disguising themselves as "asset recovery service providers" to conduct secondary harvesting of victims, with the total amount involved reaching tens of millions of dollars. The prosecution had previously shut down 400 associated domain names, and this time directly seized the underlying servers to completely deprive the gang of the ability to quickly set up websites and contact victims. Law enforcement has currently seized approximately $300,000 in stolen funds, and the recovery efforts are ongoing.

Binance announced that the Assets Under Management (AUM) for its tokenized stock product bStocks has surpassed 1 billion USD, making it the fastest tokenized stock product in the world to reach this scale. Since its launch on June 11, 2026, bStocks achieved this milestone in just about four months. As of now, the cumulative trading volume of bStocks has exceeded 40 billion USD, with an average daily trading volume of over 300 million USD, and nearly 100 assets launched.Since its launch, the 1:1 conversion scale between directly held stocks and bStocks has reached 6 billion USD. Binance stated that bStocks can be used as collateral in eligible scenarios and supports round-the-clock trading, on-chain settlement, and wallet-to-wallet transfers. As the scale of assets, trading volume, and application scenarios continue to expand, bStocks is driving the evolution of tokenized stocks from a single trading asset to collateral and broader crypto-financial applications, further exploring the integration of traditional equity assets with on-chain financial infrastructure.

According to on-chain data platform SolanaFloor, Circle minted approximately 750 million USDC on the Solana network in the past 24 hours.

According to The Block, citing South Korean media Digital Asset, South Korean cryptocurrency influencer "Coin King" Jonbur Kim (original surname Park) was acquitted of fraud charges by the Southern District Court of Seoul. The case involved allegations of cryptocurrency fraud amounting to approximately 340 billion won (about 253 million USD).The court stated on Thursday that the prosecution lacked sufficient evidence to prove the relevant crimes. Jonbur Kim had previously been accused of participating in fraudulent issuance, listing, false disclosures, and price manipulation, with the tokens involved primarily including Podo Coin and Artube.

According to Cointelegraph, security company Hacken disclosed that there were a total of 107 cryptocurrency hacking incidents in the third quarter of 2026, with total losses amounting to $1.18 billion. Approximately $906 million (about 77%) were related to breaches of vendor and developer tools, disclosed but undeployed fixes, and infrastructure outside the audit scope.The losses were mainly concentrated in four incidents: Bitget lost $387 million, Liquid Network lost $320 million, Tectonic lost $120 million, and Coldcard firmware vulnerabilities resulted in losses of about $115 million, totaling about 80% of the losses. The remaining 98 incidents each had losses below $10 million, with a median of $670,000. Smart contract attacks were the most common, totaling 71 incidents with losses of $228 million. This quarter marked the worst losses since the first quarter of 2025. In terms of recovery, about $387 million was returned or reversed, accounting for approximately 33% of the gross losses; the operators also bore $410 million in user losses, with about $384 million still unrecovered.

According to a report by BBC, multiple X platform accounts under the Irish police (An Garda Síochána) were hacked, including @GardaTraffic with 600,000 followers and @GardaInfo with nearly 300,000 followers. The hackers removed the original brand information from the accounts and posted cryptocurrency promotional content, while also altering the account's geographical location to Amsterdam.Some posts have been flagged by the platform as being associated with banned accounts. The Irish police have been contacted for comments, and the investigation into the incident is still ongoing.

Blockworks released a status report on cryptocurrency inference service providers, stating that global computing power investment is substantial and demand still exceeds supply; the market capitalization of liquidity crypto AI is approximately $24.9 billion, lower than Crusoe's $30.9 billion, and no decentralized computing network has disclosed verifiable revenue exceeding tens of millions of dollars.The report compares seven crypto-native inference providers on OpenRouter: Venice, Phala, Darkbloom, io.net, AkashML, NEAR AI, and Chutes. Over the past month, the seven have processed an average of about 211 billion tokens daily, accounting for about 1% of the platform's daily average of 21.9 trillion tokens. Venice processed about 87 billion tokens daily, with the team stating in July that its annual recurring revenue reached $100 million, with OpenRouter contributing less than 10%; Phala averaged about 54.6 billion tokens daily over the past week, up from about 5 billion in July.Chutes is the Bittensor inference subnet SN64, operating approximately 4,350 GPUs, with the team claiming to process 160 billion tokens daily, with OpenRouter channels averaging 5.7 billion. Akash has 283 active GPUs, down from a peak of about 897, with an annual leasing fee of about $3.7 million, and GPU incentives have ended. io.net's demand has nearly doubled over the past month to an average of 14.8 billion tokens daily.

Bitfinex stated that the average holding cost for long-term Bitcoin holders is approximately $49,300, with a current unrealized profit of about 64%; the average cost for recent buyers is around $74,400, with a current unrealized profit of only about 9%.Bitfinex pointed out that if the BTC price continues to decline, recent buyers may face greater selling pressure first. In contrast, long-term holders have a thicker buffer of unrealized profit.

According to on-chain intelligence platform Arkham, the total value of on-chain assets held by Ethereum co-founder Vitalik Buterin is approximately 530 million USD, of which 527.81 million USD is in ETH, distributed across multiple addresses (including vitalik.eth).The remaining assets include 1.76 million USD in Aave LUSD, 478,000 USD in ZCHF, and 346,000 USD in WHITE.

Today, "Brother Ma Ji" Huang Li Cheng's address has been thoroughly liquidated, currently only remaining with 320 ETH long positions at 25 times leverage, with a current floating profit of 6,500 USD, an opening price of 2,355.52 USD, and a liquidation price of 2,334.84 USD.In the past 4 months, he has turned 56,000 USD into 12.25 million USD through trading. After today's liquidation, the address once only had 21,800 USD remaining, and the latest balance of the address is now 42,000 USD.

Citibank stated in its official insights report "Digital Frontier: Collateral in a Tokenized World" that as financial markets accelerate towards continuous, around-the-clock operations, collateral management is undergoing a structural evolution. Institutional-level tokenization is moving beyond isolated proof of concepts to establish scalable operational tracks on global banking, custody, and market infrastructure, making collateral a continuous liquidity and optimization engine.Citibank mentioned that combining tokenized assets with regulated on-chain settlement currencies can achieve instant atomic cash-to-cash transactions, eliminating multi-day gap risks and expanding the range of eligible collateral to include tools like tokenized money market funds. Global asset managers and asset owners will unify traditional and digital collateral into a single, continuously optimized inventory over many years of hybrid operating models, covering counterparties, custodians, and settlement venues.

Apple's Executive Chairman Cook revealed in Shanghai that Apple Smart has been approved in China.A test version will be launched later in October, with the first batch of features including real-time translation, writing tasks, and image removal, excluding Siri AI.