pan

According to Globenewswire, Nasdaq-listed Solana Treasury Company DeFi Development (DFDV) disclosed that it increased its holdings by approximately 26,203 SOL last week, bringing the total holdings to about 2,564,200 SOL, valued at approximately $302 million.DFDV also revealed that since the release of its second-quarter results on August 12, the holdings of SOL and equivalent assets have grown by about 11%. Additionally, it completed the first dividend payment for CHAD variable rate preferred shares on October 1. This product is designed to generate income through SOL staking and validator node operations, supporting dividend payments and serving as a financing tool for further accumulation of SOL.

Grayscale's parent company DCG stated on the X platform that last week the U.S. Securities and Exchange Commission (SEC) proposed reforms to the accredited investor system, allowing certain investors to qualify for participation in the private market through exams and other means. This initiative was suggested by DCG founder Barry Silbert as early as 15 years ago.It is reported that Barry Silbert raised the issue during the founding of SecondMarket around 2011, stating that the SEC's "accredited investor" system primarily relies on income and net asset standards, but wealth levels do not necessarily represent investment capability. Some high-net-worth individuals may not possess sufficient financial knowledge, while some ordinary investors should also have the opportunity to qualify for participation in the private market if they pass the financial literacy tests set by regulatory agencies.

According to CoinDesk, Armada Acquisition Corp. II (XRPN) closed at $39.42 last Friday, up 68% on the day, and has risen approximately 273% over the week, reaching a high of $53 during intraday trading, compared to $10.58 a week ago, with a further pre-market increase of 9.5% on Monday. The company is the SPAC driving the listing of XRP treasury company Evernorth, which stated that the merger is expected to be completed on October 7 (Wednesday), pending the fulfillment of remaining conditions.Evernorth is expected to hold approximately 473 million XRP at the time of closing, valued at about $714 million based on Monday's price of approximately $1.51. Its disclosed financing includes about $300 million in total cash proceeds, of which $225 million comes from a private placement, $30 million from convertible notes, and $48 million from Armada's trust funds, with supporters also directly investing in XRP. However, the company purchased 84.4 million XRP for $214.1 million by the end of 2025, at an average price of approximately $2.54, which is now worth about $127 million.Armada Trust held $241.2 million at the end of June, with each public share redemption valued at approximately $10.49. Evernorth's announcement on October 1 indicated that about $48 million of the trust funds would be reserved for trading, suggesting that approximately 80% of the trust funds would be returned to shareholders. Redemptions will reduce the number of publicly tradable shares, allowing relatively small orders to significantly drive up the stock price.

According to U.Today, as the EU MiCA transition period ended on July 1, obtaining MiCA authorization has become an important foundation for cryptocurrency trading platforms to continue serving European users. Gate Europe obtained MiCA authorization before the end of the transition period and expanded related services through the European Economic Area passport mechanism. Gate data shows that from June 16 to September 22, the platform added at least 68 new spot trading pairs, currently covering about 190 assets and 382 trading pairs.The article cites data from CASP Tracker, indicating that as of September 28, 84 out of the world's largest 100 cryptocurrency trading platforms have not yet obtained MiCA authorization. Meanwhile, Gate Europe passed the PCI DSS v4.0.1 Level 1 compliance assessment on September 15, covering Gate Connect and Gate Card. Gate Europe CEO Dr. Giovanni Cunti stated that security and compliance are key to building trusted payment services in Europe, and obtaining PCI DSS certification is an important step in strengthening payment infrastructure.In terms of liquidity, Gate data shows that from September 14 to 27, the order book depth for BTC/USDC and ETH/USDC within 0.1% of the midpoint increased by approximately 14% and 12%, reaching $1.32 million and $555,000, respectively. Meanwhile, DefiLlama MiCA exchange data shows that the depth of Gate Europe's spot market within 2% of the midpoint reached $15.9 million, higher than other platforms during the same period. Relying on the compliant foundation built on the dual licenses of MiCA and Payment Institutions (PI), Gate Europe will continue to improve asset coverage and liquidity construction, providing European users with a richer selection of digital asset trading options and a better trading experience.

Bitcoin Treasuries posted on platform X that the Japanese listed company Remixpoint (3825.T) increased its holdings by 7.45 bitcoins, currently holding 1508.72 bitcoins, ranking 37th among the top 100 companies by BTC holdings.

According to The Block, Kraken's parent company Payward has partnered with Singapore Gulf Bank to provide 24/7 settlement services for institutional digital asset clients.Payward stated that it has connected to the bank's real-time multi-currency clearing network SGB Net. Initially, this settlement service will offer USD transaction settlements to select clients, with plans to expand to more currencies in the future.

According to Techinasia, Singapore fintech company IPID announced the completion of a $16 million Series A funding round, led by Foundation Capital, with participation from Citigroup, HSBC, and existing investors QED Investors, Monk's Hill Ventures, and Quona Capital.The new funds will be used to enhance its global payment intelligence network and expand the construction of payment rails in the United States, stablecoins, and the digital asset market.

The official website of the Hong Kong Securities and Futures Commission shows that "E Fund" has been listed as an unlicensed company, and two related websites are also listed. The Hong Kong Securities and Futures Commission stated that "E Fund" falsely claims on the related websites that the digital asset private fund has been approved by the Securities and Futures Commission.

According to market data, the stock price of SKY Financial Corporation Stablecoin Development Corporation (SDEV) rose from a closing price of $0.84 on September 17 to a closing price of $7.48 on October 2, an increase of over 700% within 15 days, with a single-day increase of about 104% on October 2.The S-3/A document submitted by the company in September shows that as of September 13, it held approximately 2.315 billion SKY, accounting for about 10% of the total supply.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the "Lions vs. Panthers" event, the "Lions" option in the sub-market "2H Moneyline" has experienced significant fluctuations in winning probability, soaring from 50% an hour ago to the current 77.5% (a fluctuation of 27.5%). Please note the impact of relevant breaking news.

Matt Cole, Chairman and CEO of Bitcoin Treasury Company Strive, stated, "Strive for Amplified Bitcoin," which may imply an intention to increase holdings of Bitcoin.

According to Cointelegraph, Japan's Ministry of Foreign Affairs, Ministry of Finance, and Ministry of Economy, Trade and Industry jointly issued a statement on Friday, officially adding the Russian cryptocurrency exchange Garantex to the asset freeze list. This measure will severely restrict payment and capital transaction activities related to Garantex.The statement pointed out that this expansion of sanctions is due to the ongoing war in Ukraine. Garantex has previously been blacklisted by multiple jurisdictions, including the United States and the European Union, for allegedly assisting Russian entities in evading financial restrictions.In addition to the cryptocurrency platform, Japan has also added 33 related organizations and 9 individuals to the sanctions list in this action, and imposed bans on repair and insurance services for 35 vessels suspected of transporting Russian crude oil as part of a "shadow fleet."

According to monitoring by Spot On Chain, a certain vault on the Base chain was attacked, with losses expanding to approximately 6 million dollars, involving about 1783 wstETH. The attacker added a new contract to the vault's whitelist, borrowed aBaswstETH from the vault, and transferred the related assets to a contract controlled by the attacker.

According to a report by the Japan Economic News cited by Reference News, the Japanese government has decided to impose additional sanctions on Russia during a cabinet meeting. In principle, the Japanese government prohibits providing operational, maintenance, insurance, and financing services to 35 vessels in Russia's "shadow fleet," which secretly transports crude oil to evade Western sanctions.In addition to the sanctions against the "shadow fleet," the Japanese government has also added 33 Russian military-related groups and 9 individuals to the asset freeze list, including groups involved in using cryptocurrency to evade financial sanctions.

Volantis, a photonic interconnect chip company, announced on X that it has completed a $88 million Series A financing round. The company stated that it is addressing AI memory bottlenecks with optical solutions, configuring large amounts of high-speed memory for chips, and increasing single-chip memory bandwidth and capacity by several orders of magnitude to support high-speed inference for models with over 10 trillion parameters, with single-user speeds reaching up to 10,000 tokens per second.Volantis claims that this solution will initially be used to accelerate agents, reducing programming tasks from hours to minutes or seconds. The company also stated that the optical solution can enhance memory systems by several orders of magnitude generationally, rather than the typical doubling every year. Its team has been involved in the first CoWoS product, early HBM, the first silicon photonic CPO system, the first mass-produced tunable VCSELs, and the first processors with optical direct communication; it has now achieved transmission distances in chip packaging that exceed 10 times that of equivalent tiny conductive wires, with next-generation products already taped out, aiming to set records for bandwidth density at relevant distances.

The Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) in federal court on Friday, accusing it of exceeding its statutory authority when issuing national trust bank charters to cryptocurrency companies. The ICBA stated that the OCC is implementing "broad new powers not authorized by the National Bank Act," allowing these companies to enter the U.S. banking system without being subject to the same level of regulatory oversight as community banks, putting small banks at a "serious competitive disadvantage."The ICBA is one of the largest banking advocacy organizations in the United States, primarily representing small institutions. Last month, the organization strongly opposed the Digital Asset Market Structure Bill, which failed to advance in the U.S. Senate, arguing that its stablecoin provisions did not protect community banks from direct competition for deposit accounts. ICBA President and CEO Rebeca Romero Rainey stated that Congress did not establish the national trust charter to provide a "backdoor" for cryptocurrency companies seeking to enter the banking system with the credibility of a federal bank charter, as these companies do not bear the same obligations regarding capital, liquidity, regulation, and Federal Deposit Insurance Corporation (FDIC) insurance requirements. An OCC spokesperson responded to CoinDesk that the agency does not comment on ongoing litigation.Recently, the OCC has continued to issue trust charters to cryptocurrency companies, but these companies' business models differ from those of typical community banks and do not offer cash deposit accounts that require FDIC insurance. Approved institutions include cryptocurrency banks Protego and Erebor, as well as existing cryptocurrency firms like Coinbase, Circle, and Crypto.com.

Austrian cryptocurrency exchange Bitpanda's co-CEO Christian Trummer stated in Cointelegraph's Chain Reaction program that with the implementation of the European Union's Markets in Crypto-Assets Regulation (MiCA), European crypto users' trust in regulated platforms has increased. He pointed out that most users trust regulated market participants more than managing private keys themselves.Trummer described the preference for self-custody as a small circle focused on "Crypto Twitter," believing that most users are more inclined to choose regulated service providers. He also called on regulators to enforce MiCA more strictly, stating that some companies are still providing services to European customers without obtaining a MiCA license, putting compliant businesses at a competitive disadvantage.The transition period for existing crypto service providers under MiCA ended no later than July 1, and the European Securities and Markets Authority (ESMA) instructed national regulators to take action against unauthorized companies that continue to provide crypto services after the transition period. ESMA subsequently called for stronger regulatory powers to address unauthorized crypto services and third-country companies soliciting business from EU investors without MiCA authorization.

AI startup Tavus released a new model called Griffin on October 1, referring to it as the first "human interaction model" that can understand and generate face-to-face conversations, paying attention not only to wording but also to expressions and pauses. Tavus stated that in tests, after a one-minute video call with Griffin-Lite, 26 out of 54 participants (48%) believed the other party was a real person; its previous generation system only convinced 1 out of 41 participants.Participants were told they would have a one-minute video call with another person to discuss things they were looking forward to this year, and only at the end of the call were they asked if they suspected the other party was not a real person. Tavus noted that those who became suspicious typically noticed within 20 seconds. This result comes from Tavus's own research page, where participants were recruited through a channel they call an independent research platform. Community comments on X pointed out that these results have not been independently verified and do not meet standard protocols.In the NVIDIA VideoFDB benchmark, Tavus claimed Griffin-Lite ranked first, with a generation dimension score of 3.83, the next best system scoring 2.8, and human reference scoring 3.92; the perception dimension score was 3.73, with the strongest baseline at 3.44 and human reference at 4.2. Tavus stated that NVIDIA independently conducted this evaluation. Griffin supports full duplex, allowing it to listen, see, and speak simultaneously, with an average audio-video delay of 0.43 seconds on the NVIDIA H100 chip. Tavus completed a $40 million Series B funding round led by CRV in November 2025.

According to CoinDesk, informed sources revealed that the custody bank giant BNY is in talks with Payward, the parent company of the cryptocurrency exchange Kraken, for a broad collaboration covering digital assets and financial market infrastructure. The potential agreement may involve areas such as crypto products, custody, wealth management, trading, payments, and infrastructure, with related services provided through Payward Services, which targets banks, exchanges, and asset management institutions.One source indicated that part of the proposed collaboration may be similar to the infrastructure component of the recent agreement Payward reached with Nasdaq. Negotiations are still ongoing, and there is no guarantee that an agreement will be reached; both Payward and BNY declined to comment. BNY, formerly known as Bank of New York Mellon, provides custody, asset services, clearing, and wealth management services to institutional clients and has been developing tokenized deposits to support near real-time on-chain settlements among institutional market participants.Reaching an agreement with BNY would further promote Payward's efforts to connect digital asset businesses with traditional financial institutions. Last month, Nasdaq Ventures agreed to invest $100 million in Payward at a valuation of $21 billion, expanding the collaboration between the two parties in tokenized stocks. Under the agreement, both parties will continue to develop the operational and commercial infrastructure for Nasdaq stock tokens, and Payward will also adopt Nasdaq's market surveillance technology in its cryptocurrency, stock, tokenized stock, futures, and options trading venues, with both parties expecting to launch Nasdaq stock tokens in the second quarter of 2027.

According to Gate market data, Tesla (TSLA.O) stock price increase has expanded to over 5%.