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According to Coinglass data, the total contract open interest for ETH has decreased by 5.18% in the past 24 hours, with the current total open interest at 32.151 billion USD. Among them, Binance has an open interest of 9.119 billion USD, OKX has an open interest of 1.863 billion USD, Bybit has an open interest of 2.244 billion USD, and Gate has an open interest of 1.908 billion USD.

According to the official announcement, the 152nd Gate contract points airdrop will be open for collection from October 9th, 18:00 to 23:59 (UTC+8). This period features two points redemption prize pools, both adopting a first-come, first-served mechanism.Among them, Prize Pool One is aimed at users with a contract points balance of 120--90 points (decreasing), with a redemption threshold of 15 points, corresponding to a reward of 0.015 SPYG; Prize Pool Two is aimed at users with a contract points balance of 40 points, with a redemption threshold of 20 points, allowing for the collection of a 100 USDT position experience voucher.

The perpetual contract trading platform Extended announced that it will migrate its settlement network to Arc, a Layer 1 blockchain built for financial markets by Circle. The migration is scheduled to take place during the week of October 19, 2026, with specific timing to be announced closer to the date, and trading will continue during the migration. Accounts, sub-accounts, positions, orders, transaction history, points, and keys will remain unchanged.If any sub-account holds USDT or wBTC valued over 1 USD, users must convert or withdraw by 12:00 UTC on October 21, 2026, as these two assets will not exist on Arc. In-app conversion to USDC or cirBTC will be available at a 1:1 ratio, with Extended covering a 0.50% premium and no exchange fees; the premium will be credited within 8 hours after migration. Recharge for these two assets has been closed since 16:00 UTC on the announcement date. ETH will be automatically converted to wETH on Arc at a 1:1 ratio, and USDC will migrate as native USDC.Recharge and withdrawal are expected to be paused for no more than approximately 2 hours during the migration, while transfers between sub-accounts will remain available. If the relevant assets exceed 1 USD and the deadline is missed, the entire account will be restricted during processing, and the relevant sub-account positions will be liquidated at the mark price at the time of processing without any fees. The Arc mainnet will go live on September 16, 2026, with institutions such as BlackRock, DTCC, ICE, Visa, and Mastercard as its founding validators.

Whale "Set 10 Major Goals First" (@jasonleo) shared a post late at night stating that the most noteworthy aspect of this round of BTC correction is not the decline itself, but "why it only dropped this much." He pointed out that recently the 30-year U.S. Treasury yield approached 5.7%, and the 10-year U.S. Treasury yield was about 5.3%. Market expectations for another interest rate hike within the year are rising, while oil prices and inflation pressures are resurfacing, with multiple macroeconomic headwinds overlapping. However, BTC has only corrected about 5% so far.jasonleo believes that the price's reaction to news is itself important information. In the past, when a single macroeconomic headwind appeared, BTC could experience a decline of over 10%. Yet this time, under the pressure of multiple headwinds, the price has not shown significant damage, which indicates that the current upward trend has a certain resilience. He compared the current trend to BTC's previous bottom around $58,000, believing that both exhibit the characteristic of "weakened selling pressure after sufficient release of bad news," but the current market remains in a strong trend. He stated that he does not currently believe BTC will directly drop to $78,000 or even $74,000, and will observe $79,000 as a position to reduce holdings: if BTC falls below $79,000, he will begin to reduce holdings; if the daily close falls below $78,000, he will exit all remaining long positions and wait for the next entry opportunity; if the key position is not broken, he will continue to hold long positions.

According to Gate market data, Oracle (ORCL.N) is expected to record its largest single-day decline in 12 weeks, recently down 6%.

According to Decrypt, Decrypt has announced that its self-custody Money Accounts are now live on Solana, providing readers with a single balance that can be used across all Decrypt products to support its financial and intelligence market, The Information Exchange. Decrypt co-founder Ilan Hazan stated that the goal is to achieve one account and one balance, allowing users to utilize various financial tools directly from where they obtain information, from prediction markets to perpetual contracts and swaps. Users can manage all positions in one place without worrying about wallets, cross-chain bridges, or public chains, with relevant partners to be announced in the coming weeks.Deposits and balances are denominated in USDT on Solana, and the same balance can support products such as Earn, Swaps, Predictions, and Perps. Gas and rent are sponsored through joint signatures by payers, so users do not need to hold SOL or consider network fees. The account operates in a self-custody mode, meaning Decrypt does not hold private keys and cannot perform operations on behalf of users, with a private key export feature coming soon. Cross-chain operations are completed at the underlying level; for example, the Myriad Predictions market settles on the BNB Chain, yet users can still trade using the same Solana USDT balance without needing to interact with a cross-chain bridge.Existing Myriad Wallet users can directly use Decrypt Money Accounts, with one account and one balance covering both Decrypt and Myriad without the need for migration.

According to Coinglass data, the total contract open interest for ETH has decreased by 7.53% in the past 24 hours, with the current total open interest at 31.795 billion USD. Among them, Binance's open interest is 8.899 billion USD, OKX's open interest is 1.851 billion USD, Bybit's open interest is 2.244 billion USD, and Gate's open interest is 1.957 billion USD.

Security company CertiK's analysis shows that a legacy MakerDAO auction keeper contract was exploited, with the attacker taking away 200 ETH, worth over $500,000. CertiK stated that the root cause was the lack of access control for the 0x8804d1de function in the keeper implementation contract.This contract was involved in the "Black Thursday" liquidation crisis in March 2020, when it won ETH with zero bids, with four transactions of 50 ETH each remaining unsettled. The attacker took this batch of funds and transferred them out in amounts of 10 ETH each via Tornado Cash. Although this contract is not currently a core part of the Sky ecosystem, old contracts with remaining funds may still become targets for attacks.

Cryptography researcher Justin Drake posted on the X platform, calling for the blockchain industry to calmly plan a "bunker mode." He suggested that large holders move most of their funds to new addresses that have never signed transactions, with public keys still hidden behind hashes. Subsequently, each time a signature is made, the remaining funds should also be transferred to the new address.He believes that AI is driving rapid breakthroughs in the field of mathematics, and ECDSA could potentially be cracked by classical algorithms before the quantum computing "Q-Day," possibly occurring in months rather than years, allowing private keys to be recovered in about a week using large GPU clusters. Drake also emphasized that there is no need for panic and hasty migration, stating that Binance, Bitbank, Robinhood, Bitfinex, and Tether could take this opportunity to strengthen their cold wallets.

The World Gold Council report indicates that in September, global gold ETFs attracted $10 billion in inflows, driving the total inflow for the third quarter to a record $31 billion. Despite the decline in gold prices, global gold holdings still increased by 67 tons, reaching 4,256 tons. Funds listed in the United States and the United Kingdom dominated the inflows.

According to the official announcement, Bitget has launched four stock perpetual contracts: USDESTOCK (StablecoinX), VKTX (Viking Therapeutics), PCVX (Vaxcyte), and XP (XP).The above contracts are settled in USDT, support up to 20 times leverage, and allow trading 24/7. As of now, the Bitget platform supports a total of 337 stock underlying assets.

Bank of America Chief Strategist Savita Subramanian stated that bonds have become a competitive alternative asset to stocks for the first time. She pointed out that the yield on the U.S. 10-year Treasury has exceeded 5%, while the S&P 500 index's annualized return over the next 10 years may not reach this level.Subramanian believes that the bond allocation environment is more favorable, and U.S. Treasury yields are unlikely to sustain levels above 6% to 7%.

During an interview with The Starting Block at the Digital Asset Summit 2026 Asia, Brian Smith, the president of Jito Foundation, the parent company of the Solana ecosystem trading platform JTX, stated that JTX plans to launch stock trading features within the next two weeks and will release a native mobile app later this fall. The integration of perpetual contracts "may take until later this winter." He mentioned that the team is currently focusing on differentiating the spot trading features.JTX launched in July this year, supporting spot trading for cbBTC, SOL, HYPE, and meme coins, while also offering tokenized stocks and ETFs. The platform charges a fee for each transaction, with 80% of the revenue allocated to Jito DAO for the buyback and destruction of JTO tokens, and 20% distributed to referrers. Smith did not disclose the trading volume since the launch but emphasized the speed of product iteration, stating that the team has two full-time data scientists mining on-chain data to develop in-app discovery features.Smith positioned JTX as a "permissionless Robinhood" for Solana, emphasizing longer holding periods and competitive rates, and noted that other Solana applications tend to focus on early meme coin trading. Regarding perpetual contracts, he acknowledged that Solana "has a lot of work to do" and affirmed Hyperliquid's role in pushing centralized exchange traders on-chain, while stating that Solana is the "king" in the spot trading space.

Regarding the announcement "Polygon is not dead" released by Polygon's official Twitter, which is suspected to mock the shutdown of Abstract, Polygon founder Sandeep responded that the dissemination effect of the related content "did not meet expectations," and some people attributed a completely different meaning to it. The Polygon marketing team was self-deprecating, as Polygon's fundamentals are still growing, and there was no intention to imply anything about Abstract's shutdown.Sandeep added that he was also confused when he first saw the content and emphasized that he has great respect for Abstract founder Luca Netz and his team. Since Polygon itself had also terminated the zkEVM project, he empathizes with the pain and would not mock the other party, wishing Luca and the Pudgy Penguins team all the best.

According to on-chain information, shortly after the shutdown announcement of Abstract, a newly created address withdrew 1 million USD from Kraken and then quickly bought 25 Pudgy Penguins NFTs on the market. As of the time of writing, the wallet still holds ETH worth 766,000 USD.As of the time of writing, the floor price for Pudgy Penguins NFTs is reported at 3.3 ETH, with a 24-hour increase of 6.8%.Pudgy Penguins CEO Luca Netz stated that Abstract is gradually shutting down, and its parent company Igloo Inc. will now focus all its efforts on the development of Pudgy Penguins, Pudgy NFTs, and PENGU.

The prediction market platform Kalshi launched its 15-minute gold contract in August, generating an estimated fee of approximately 5 million dollars in September, nearly double the 2.6 million dollars from Ethereum contracts during the same period. According to Predict Charts data, the gold contract had a trading volume of 542 million contracts that month, surpassing Ethereum's 318 million contracts. Bitcoin remains the dominant market, with estimated fees reaching 60.4 million dollars.The growth of the short-term gold market accompanies the overall expansion of Kalshi's commodities business. The company stated in September that commodity trading volume reached 400 million dollars within seven months, more than four times the trading volume generated by its crypto market in the same period. Kalshi noted that the crypto market demonstrated the potential for new categories on the platform to grow from tens of millions of dollars to billions of dollars in monthly trading volume. Data shows that the 15-minute Bitcoin contract, which will launch in December 2025, became Kalshi's largest market series outside of parlay bets in July; the 15-minute Ethereum contract grew from 6.1 million contracts to 233 million contracts between January and July 2026.The short-term financial market is taking up a larger share of Kalshi's business. Analysis released by InGame shows that in the seven days ending October 5, the 15-minute crypto, commodities, and financial markets generated 20.4 million dollars in fees, accounting for 80% of the platform's non-sports fees during the same period. The analysis also found that the short-term market contributed 13% of Kalshi's trading volume but accounted for 20% of the fees.

Ferrari NV tokenized stock RACE has been launched on Solana through the Sunrise Asset Gateway, with Backpack Securities acting as the issuer. Each RACE is backed 1:1 by a share of actual Ferrari stock held in regulated custody, and holders can redeem it for traditional stock equity through Backpack Securities.The token supports trading venues such as Phantom, Jupiter, and Raydium, offering round-the-clock trading and participation in dividends and corporate actions. Backpack plans to expand the number of tokenized stock codes on Solana from about 200 to 10,000.

NFT and IP company Igloo, Inc. announced the shutdown of its consumer-grade blockchain Abstract, reallocating personnel and resources to Pudgy Penguins, Pudgy NFT, and the token PENGU.Igloo stated that the goal of Abstract was to create a public chain for consumer scenarios, and the company invested engineering and ecological talent and infrastructure for this purpose. Its growth was constrained by the high operational costs of independent blockchain, limited liquidity, a weak DeFi ecosystem, and declining market interest. Over the past two years, Igloo has lost tens of millions of dollars to maintain Abstract's operations, expand, and seek product-market fit and profitability.The company stated that after even well-funded enterprises struggled to find product-market fit for their own blockchain, shutting down Abstract became the right decision. Moving forward, they will refine the brand path from products and content to PENGU, and then to Pudgy Penguins NFT, refocusing on this role as an IP.

The American compliance prediction market platform Kalshi has launched the US 500 perpetual futures contract, which has no expiration date, utilizes a daily funding fee payment mechanism, and uses futures account assets as collateral.According to The Defiant, Kalshi displayed a maximum leverage of 15.3 times on the day of the launch.