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Financial technology company Block, founded by Jack Dorsey, gifted a participant at the ComplexCon event in Los Angeles with 1 Bitcoin, which was valued at approximately $85,000 at the time. Block participated in this annual event organized by Complex Networks to introduce Bitcoin to new users through "culture, shopping, and entertainment."Block's Cash App set up a fishing game booth called "Lightning Lake" at the event, where participants could win small amounts of Bitcoin, and one player caught a whole Bitcoin. Maria Pesce, Block's Bitcoin marketing lead, stated that the goal is to make Bitcoin approachable, tangible, and fun, "so that people can go from never having used Bitcoin to making payments with it while walking around the lake." She mentioned that Block's aim is to make Bitcoin a daily currency.Block has long promoted Bitcoin adoption through its products: Cash App allows users to send, receive, and buy Bitcoin, while Square's point-of-sale systems accept Bitcoin payments via the Lightning Network. The company, which is listed on the New York Stock Exchange, also launched an advertising campaign this month to encourage people to use Bitcoin as a medium of exchange. Dorsey left Twitter in 2021 to focus on payment and Bitcoin adoption and has repeatedly expressed his desire for Bitcoin to become a global currency and "everyday money." During the event, Kanye West's daughter North West was also spotted trying to fish for Bitcoin with rapper French Montana at Lightning Lake.

Lido announced the launch of the lending protocol Lido Lend, which is built on a modified fork of Morpho Blue and is planned to go live in the fourth quarter of 2026. Lido stated that the platform is aimed at long-term passive investors, with the goal of enhancing returns while controlling risks. Lido is a decentralized liquid staking protocol on Ethereum that issues stETH.Lido Lend has three core designs: first, an isolated market structure where each lending market operates independently, so issues in a single market do not affect others; second, a deposit screening mechanism to prevent bad collateral and funds that have been hacked from entering the system; third, a reliable lender exit mechanism, allowing lenders to smoothly redeem their funds even when the market reaches full utilization.The market will focus on low-volatility blue-chip asset trading pairs, such as stETH/ETH. The protocol is intended to be governed by Lido DAO, but the relevant governance arrangements have not yet been finalized and will await future DAO votes. Morpho Blue was launched in 2024, supporting users in creating isolated markets with specific collateral and lending parameters through a simple, immutable framework.

According to Ember Monitoring, the address under the development team HyperLabs of the decentralized perpetual contract exchange Hyperliquid applied to unstake 3.75 million HYPE (worth approximately 332 million USD) 7 days ago and has successfully completed the redemption 2 minutes ago.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: PARIVISION vs Natus Vincere - ESL Professional League Group Stage," the "PARIVISION" option in the sub-market "Map 2 Winner" has experienced significant fluctuations in win rate, soaring from 31.5% an hour ago to the current 55.5% (a fluctuation of 24%). Please note the impact of related breaking news.

According to Lookonchain monitoring, as the market declines, the long position of 39,025 ETH held by Machi Big Brother (@machibigbrother) is approaching the liquidation line, with a liquidation price of $2,501.38.

According to monitoring by Catcher Predict, the predicted market on Polymarket for the event "Counter-Strike: FURIA vs 9z - ESL Professional League Group Stage" shows that the "FURIA" option in the sub-market "Map 1 Winner" has experienced significant fluctuations in its winning probability, soaring from 63.5% an hour ago to the current 87.5% (a fluctuation of 24%). Please note the impact of related breaking news.

Multi-chain DEX Jumper announced the JUMP token sale allocation plan. This sale received approximately $48.614 million in purchase commitments from 9,690 participants, exceeding the initial target of $2 million by 24 times, with a final accepted amount of $3 million.In the final allocation, $1.64 million, accounting for about 55% of the total sales, is allocated to the community wallet, primarily determined by the Jumper Loyalty Pass (JLP) levels and rankings, with long-term, deeply engaged users receiving higher priority.The second largest allocation category is strategic contributors, including angel investors, developers, traders, and content creators; an additional 5% allocation is given to Republic participants. The waitlist category covers the top 500 participants, with rankings determined by a combination of Legion Score and referral status, placing more emphasis on Legion Score.Existing Jumper users can improve their priority through waitlist rankings, but different weights do not stack and only apply to their highest qualifying tier.

Bitget, in collaboration with the digital asset research institution Block Scholes, has released the latest research report analyzing the synergistic effects of tokenized stocks and crypto assets within a unified trading account. In the report, Block Scholes simulated an investment portfolio with a total size of $1 million, covering AI and semiconductor tokenized stocks, BTC and ETH perpetual contracts, as well as Nasdaq 100 ETF perpetual contracts. Under a structure where accounts are mutually independent, the total margin required occupies about $340,000 in capital; however, in Bitget's cross-asset unified account, tokenized stocks can simultaneously be counted as collateral, reducing the required capital to about $175,000, a decrease of approximately 48.5%.The research report also analyzes the risk characteristics associated with higher capital efficiency. Stress tests show that when collateral and positions are driven by the same macro factors, the simulated portfolio using tokenized stocks as collateral reaches the estimated liquidation point after a market decline of about 21% in correlation; when using equivalent USDT as collateral, it withstands a decline of about 27% in correlation. The study indicates that while improving capital efficiency, it is also necessary to comprehensively assess the correlation between collateral and positions as well as their own volatility.Bitget CEO Gracy Chen stated that putting assets on-chain is just the first step; more importantly, it is to enhance the efficiency of capital usage across different markets. Bitget is promoting the collaborative operation of crypto assets, tokenized stocks, and other global assets under a unified capital framework through the UEX model. Currently, Bitget's cross-asset unified account (UTA) supports over 370 types of collateralizable assets, including 125 types of tokenized U.S. stocks. Eligible crypto assets and tokenized stocks can enter the same margin system, sharing collateral value and meeting margin requirements for different positions.

Tom Lee, Chairman of the Ethereum treasury company BitMine, stated that although the market has been cautious recently, the fundamentals of the S&P 500 are improving, and the index valuation has actually declined. Fundstrat expects that the earnings growth rate of S&P 500 constituents in the third quarter may approach 30%, and the earnings per share (EPS) forecast for 2027 has been raised by more than 20% since the beginning of the year.Tom Lee pointed out that the S&P 500 index's increase is lower than the upward adjustment of earnings expectations, which means that the market valuation multiple is actually declining. He also believes that high oil prices may strengthen the U.S. economy through energy exports, while the leading performance of technology stocks and the cryptocurrency market indicates that the market is betting on weaker inflation in the future.

According to the market information platform Liquid24/7.xyz, the Hyperliquid address 0xecb63c...2b00 currently holds a short position of 19,762.81 ETH, with a nominal value of approximately 51.2758 million USD.At the time of writing, ETH is quoted at 2,594.56 USD. The average opening price for the short position at this address is approximately 2,661.05 USD, and the current unrealized profit for this short position is about 1.3142 million USD.

Cryptocurrency trader Doctor Profit stated on platform X that he liquidated his positions and established a large short position when Bitcoin peaked around $124,000 last year. Subsequently, he closed his positions and switched to spot buying when the market crashed in October and November, causing Bitcoin to drop to around $60,000.Doctor Profit added that he had closed all short positions in the $60,000 range and started buying spot. At the same time, a year later, he has again established short positions in the $86,500 to $89,500 range and placed large short orders in the $88,000 to $89,500 range.

According to on-chain analyst Yu Jin's monitoring, a certain whale/institution deposited margin into 3 addresses and currently holds long positions worth 352 million dollars on Hyperliquid, including 1,140 BTC and 98,100 ETH. These long positions were opened about half a month ago, with an average opening price of 82,205 dollars for BTC long positions and 2,604 dollars for ETH long positions. Currently, the portfolio's long positions are profitable by 2.66 million dollars.

According to official data from Bitget, its "Peer Program" has a real-time accumulated prize pool of 3.49 million USDT. Previous data showed that the first two batches of this program have distributed nearly 2.8 million USDT in rewards to over 1.5 million users.It is reported that this event will last until October 26. During the event, Bitget will continuously establish a user-exclusive prize pool with 30% of the platform's trading fee revenue, and eligible users can participate without registration.

Russia has registered the first batch of cryptocurrency exchange operators and digital asset custodians based on the new regulations that took effect on September 1. The Bank of Russia announced the list of the first authorized operators, which includes 4 exchange operators and 5 custodians.Russia's largest bank, Sberbank, has been included in the list of custodians, alongside Atomyze, Voltari, and Cloud Infrastructure. Sberbank stated that it has applied for the qualification of a digital asset custodian and plans to launch its first cryptocurrency products on December 1 through the SberBank Online, SberInvestments, and SberBusiness platforms, initially supporting Bitcoin (BTC), Ether (ETH), and USDt (USDT).T-Invest Lab, Zefir, and Sistema-Crypto have been included in the list of exchange operators, with VTB Bank appearing on both lists. The relevant registration is based on the cryptocurrency bill signed by President Vladimir Putin in August, which brings exchanges, custodians, brokers, and investors under the supervision of the Bank of Russia and maintains the prohibition on using cryptocurrencies to pay for goods and services.

According to the market information platform Liquid24/7.xyz, the Hyperliquid address 0x344fef...af5d closed a long position of 376.137 BTC, with a nominal value of approximately 31.6029 million USD, at an average transaction price of about 84,020 USD.At the time of publication, the marked price of BTC was approximately 84,040 USD. This closing operation completed the adjustment of the long position for that address.

CryptoQuant analyst Darkfost stated that after excluding Bitcoin that has not moved for over 10 years, the proportion of BTC supply in profit has remained around 60% since August.The analysis pointed out that from a mid to long-term perspective, most of the current BTC in the market has returned to a profitable state and has not yet reached overheating levels, making continued consolidation around this level a reasonable phenomenon. The analysis believes that tokens that have not moved for over 10 years are deeply profitable and are considered to lack liquidity, with a significant portion likely lost. Excluding these can more accurately reflect the current market situation. The current proportion in profit prompts investors to reassess whether to continue holding or to take profits on positions held for nearly a year or exit with limited losses, with supply and demand dynamics determining the subsequent trend.

According to The Defiant citing data from Beaconcha.in, the number of active Ethereum validators has decreased by 2.5% over the past 7 days, to approximately 863,000, while the total amount of staked ETH has slightly increased by 0.08%, reaching 43.74 million.The decline in the number of validators is mainly related to the validator merging mechanism after the Pectra upgrade. This upgrade raised the maximum effective balance of a single validator from 32 ETH to 2048 ETH, allowing operators to merge multiple validators without needing to exit staking, thereby reducing network communication and consensus overhead. Currently, approximately 507,000 ETH are in the merging queue, with an expected waiting time of about 5 days and 11 hours.

The Solana tokenized silver project Dominion has announced its closure. The team stated that a security incident in September led to a significant amount of SILV being compromised and sold off, resulting in a liquidity collapse, operational capital losses, and damage to market structure. The capital required for reconstruction has exceeded the project's remaining resources.Dominion has allocated most of its remaining liquid funds to a refund plan, allowing eligible pre-attack SILV holders to exit at $63 per token. SILV was originally designed to be a Solana token backed 1:1 by physical silver, with each token corresponding to one troy ounce of silver.On September 11, attackers gained control of its 3/5 multi-signature key and sold approximately 46,909 SILV on a thinly traded DEX, with a nominal value of about $3 million before the attack, ultimately cashing out around $238,000.

Immunefi Security Chief Gonçalo Magalhães stated that an unnamed Base treasury suffered a vulnerability exploit of approximately 6 million dollars, while there were still about 31.7 million dollars in assets within the treasury at the time of the incident.According to the briefing, the attacker added a malicious contract to the treasury's lending whitelist through a Safe multi-signature wallet, subsequently withdrawing 1,783 aBaswstETH, which were then exchanged for approximately 1,783 wstETH via AaveV3. Gonçalo Magalhães pointed out that the whitelist's restricted addresses appeared secure, but approved addresses could withdraw assets without collateral, constituting a vulnerability; this whitelist weakness had been discovered the previous week, but researchers lacked a clear disclosure channel. More than 24 hours after the incident, no team has publicly claimed responsibility or disclosed remedial measures.