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According to Decrypt, the European Union's law enforcement agency reported that Spanish police arrested a 16-year-old Romanian suspect in Alicante, suspected of being an administrator and main operator of the ransomware group KillSec.Two other suspects in their twenties were arrested in the UK and Romania, respectively; another developer who just turned 18 in August this year has been identified but has not been arrested due to some crimes occurring during their minor years.This operation, codenamed Operation KillSwitch, was led by the Hamburg State Criminal Police and the city's prosecution office, focusing on approximately 1,000 suspected attacks worldwide, with about 500 confirmed as successful intrusions.Law enforcement searched eight locations in Spain, Greece, Romania, and the UK, seized five central servers, and redirected related domain names to seizure announcement pages, while also confiscating at least 110 TB of stolen data.KillSec has been active since around 2024, exploiting software vulnerabilities and poorly secured cloud storage entry points to infiltrate corporate systems, copying internal data and naming victim organizations on dark web leak sites, threatening to publicly release documents to demand cryptocurrency ransoms, and if the target refuses to pay, they release the data for free.The Swiss Federal Police noted that the group also employed double extortion tactics, first encrypting servers and then applying pressure. U.S. prosecutors' charges indicate that a Dutch national residing in the UK, Fouad Eltibrizi (nicknamed Archduke), was indicted by a federal grand jury in Puerto Rico on September 16, subsequently arrested, and awaiting extradition, facing up to 10 years in prison. The European Cybercrime Centre, under the European Union Agency for Law Enforcement Cooperation, is assisting in tracing cryptocurrency funds and conducting digital forensics.

The Financial Services Commission of South Korea has proposed regulatory guidelines for the issuance and trading of security tokens, intending to allow stocks, bonds, funds, and certain fractional investment securities to be issued and circulated in token form. The relevant regulatory framework is scheduled to take effect on February 4, 2027.According to the proposal, securities token issuance companies that directly manage client accounts must have a paid-in capital of at least 4 billion Korean Won and be equipped with dedicated compliance and technical personnel. The revision of capital market regulations will also introduce an over-the-counter trading license for bonds and limit individual investors' annual net purchases at each over-the-counter exchange to within 100 million Korean Won.The proposal will be open for public consultation from Friday until November 11, after which it will enter the approval process. South Korea previously announced a roadmap to advance the transition of securities issuance and trading to distributed ledger infrastructure in three phases.

According to market data, during the trading session, NEAR Financial Company SVRN fell over 20%, currently reported at 39.19 USD.Earlier, ChainCatcher reported that NEAR Intents confirmed it was attacked, with involved funds exceeding 3.8 million USD.

ARK Invest's Director of Digital Asset Research Lorenzo Valente published a discussion on the synthetic dollar protocol Ethena: tokenized stocks are changing the landscape in which ENA operates. He stated that the supply of USDe had bottomed out at $3.8 billion and has now risen by about 30%, recovering to nearly $5 billion.Lorenzo Valente: The inverted or low funding rates in the crypto market have forced more USDe collateral to shift towards off-chain yields such as government bonds, with sUSDe's average annualized rate once approaching or falling below SOFR; the market capitalization has remained stable over the long term, and the open interest has also limited the pace of expansion. He noted that basis trading has rebounded to about 20% of the collateral and is growing rapidly, with the U.S. stock market size at approximately $70 trillion, averaging over 8% annual growth. Continued bullish demand is expected to bring sustained positive funding rates, with lower stock volatility and lower hedging costs.He believes this is the first clear path for USDe to expand its supply to over $20 billion, and reaching $30 billion to $40 billion in the next 12 to 18 months would not be surprising, as the upper limit has shifted from crypto open interest to tokenized stock open interest. He also mentioned that Ethena's infrastructure and operations have been validated, and it is expected that Ethena Pay will further drive USDe from the demand side, with the chains, protocols, and vaults supporting USDe's supply and circulation strategies becoming the main beneficiaries.

According to Catcher Predict monitoring, in the market prediction event "Japanese Tennis Open: Alcaraz vs. Mitchellson" on Polymarket, the option "Over 2.5" in the sub-market "Total Sets O/U 2.5" experienced a dramatic fluctuation in win rate, soaring from 28% an hour ago to the current 91% (a fluctuation of 63%). Please note the impact of related breaking news.

Japanese licensed cryptocurrency exchange Bitbank announced that SBI Holdings has completed its full subsidiary acquisition. Along with Bitbank repurchasing shares from MIXI and Ceres, all previously planned transactions have been realized, making Bitbank a 100% indirectly held subsidiary of SBI Holdings. The total consideration for the share acquisition and capital increase disclosed by SBI earlier is approximately 46.7 billion yen.Bitbank CEO Noriyuki Hirose will remain in position. The company stated that existing exchange services will not be affected by this transaction, and it will further expand its digital asset business relying on SBI's financial capabilities, customer base, and resources.

According to Bloomberg, global alternative asset management company Apollo Global Management will provide financing support for a $15 billion AI infrastructure project in Japan, further expanding its investment layout in the field of artificial intelligence.Apollo will act as a strategic investment and financing partner, participating in the project jointly promoted by UK developer RHAELM Holdings, Japan's largest power company Jera, and Dell Technologies. The project is located in Chiba Prefecture, Japan, and aims to build infrastructure to support AI computing needs.

As of the end of September, the Digital Renminbi International Operation Center has added 39 domestic and foreign financial institutions applying to access the "Digital Currency Cross-Border Settlement Comprehensive Service Platform" (CBETS).This platform supports bilateral connections with foreign currency authority payment systems and legal digital currency systems, and allows foreign financial institutions to connect directly, covering trade and cross-border personnel exchanges.

The Financial Services Commission (FSC) of South Korea has announced a draft amendment to the regulations related to the institutionalization of Token Securities, planning to expand the range of securities that can be tokenized to include traditional securities such as stocks, bonds, and funds.According to the draft amendment, traditional securities can also be tokenized, except for fragmented investment securities (non-monetary trust beneficiary securities, investment contract securities).The relevant electronic securities regulations will also clarify the requirements for distributed ledgers, stipulating that participants must include electronic registration institutions and at least two account management institutions, and prohibit the use of distributed ledgers for direct payment of electronic registration purposes.

According to Cointelegraph, the Bitcoin Policy Institute (BPI) released a research report questioning the process by which MSCI established its latest index rules. MSCI had previously listed companies such as Strategy and Metaplanet as potential "non-operating companies," which could lead to their removal from the index.MSCI first proposed excluding digital asset treasury companies from global indices in 2025, but after facing opposition, it shelved the plan in January and opted for a broader review of "non-operating companies." On August 3, MSCI put forward a broader proposal that could still result in the exclusion of Strategy and Metaplanet. In a report titled "The Invisible Committee of Wall Street," BPI pointed out that metadata shows the presentation MSCI consulted is stored in an internal folder specifically for digital asset treasury companies.According to the proposal, MSCI will first assess whether a company has a significant amount of operational assets before applying five additional financial tests. Its own simulations indicate that Strategy, Metaplanet, and uranium investment company Yellow Cake would be excluded. In 2025, JPMorgan analysts estimated that if Strategy were excluded, it could face an outflow of approximately $2.8 billion. BPI also questioned MSCI's reliance on "operational assets," stating that the term is not a standardized balance sheet category under U.S. GAAP or IFRS. MSCI concluded its opinion collection on September 30 and is expected to announce results on or before October 16, with related changes set to take effect during the index review in November 2026.

According to The Block, Base has completed its third mainnet upgrade, Cobalt. The core of this upgrade is the Validity Transactions conditional transaction feature, allowing users to submit transactions with conditions that must be met before they are packaged on-chain; if the conditions are not met, the transaction will never be included.Base stated that this API is part of a neutral infrastructure, allowing advanced traders to keep their submissions confidential before they are finalized.Cobalt also enhances the B20 token standard launched with the Beryl upgrade in June, adding three new features. Composite Policies allow asset issuers to combine existing whitelists and blacklists using "or" and "and" logic, without the need to duplicate lists or maintain off-chain synchronization.The Schedule Multiplier upgrade aligns with the ERC-8056 standard, supporting issuers in changing the display method of asset balances, which can be used in scenarios such as stock splits.Base also revealed plans to shorten block time from 2 seconds to 200 milliseconds in the coming months, implement native smart accounts at the protocol layer, support Gas payment and transaction batching, and introduce some EVM improvements from the Ethereum Glamsterdam upgrade.

According to The Block, Solana Treasury Company HSDT announced the completion of a $15 million stock issuance plan, with an issuance price at a 5% premium to the company's net asset value (NAV), accompanied by warrants.The company is currently the fourth largest publicly listed Solana reserve company, holding approximately 2.3 million SOL, valued at about $273.5 million. The funds raised from this financing will be used for further purchases of SOL or to repurchase the company's stock.

Meta Platforms Oversight Board calls for independent oversight of AI companies.

USD.AI announced that USDai and sUSDai have now been extended to Solana through LayerZero's OFT standard, allowing them to circulate as unified assets across supported networks.LayerZero stated that in addition to Solana, the two assets also support Arbitrum, Ethereum, Plasma, and Base; as of now, the cumulative cross-chain transfer amount achieved through the OFT standard has exceeded 2 billion dollars.

According to CoinDesk, Open Standard CEO Zach Abrams stated that the company is not an alliance where decisions are made collectively by hundreds of participants. The daily operations of the company are managed by the management team, and a smaller group of founding partners holds ownership and governance functions, while other partners are rewarded based on their contributions to driving the supply and trading activity of OUSD.Coinbase, Mastercard, Shopify, Stripe, and Visa have invested to become the first five founding partners, each receiving an equal proportion of initial equity. The five companies have also committed to investing over $1 billion in the coming months to establish liquidity for OUSD. The specific investment amounts and shareholding ratios of each company have not yet been disclosed.These five companies are currently the only investors in Open Standard. Abrams expects the number of founding partners to increase to about 10 to 12 in the future and plans to establish a board composed of founding partners. Meanwhile, the number of partners planning to integrate with OUSD has increased from over 140 in June of this year to over 200, with the latest additions including SBI Holdings, UBS, and the fintech company Jeeves.

According to a report by Reuters, the Japanese Ministry of Finance announced the establishment of the "On-Chain Correspondence Research Group," focusing on the feasibility study of real-time settlement for government bond transactions, with the first meeting scheduled for October 8.The research group will systematically analyze the advantages and disadvantages of blockchain real-time settlement around the current next-day settlement practice, with members including professors from the University of Tokyo, Waseda University, and other universities, as well as private strategists, and will involve the Bank of Japan and the Financial Services Agency for opinion exchange.Ministry officials pointed out that the United States already has MMF products that trade on the blockchain with government bonds as the underlying asset, which will serve as an important reference case. The research group plans to complete the organization of discussion points within the year.

According to The Wall Street Journal, the U.S. publicly listed company Lion Group (Nasdaq: LGHL) has sold all of its SOL and part of its BTC, with the proceeds used to increase its holdings of approximately 38,102 HYPE.After this adjustment, Lion Group holds approximately 232,900 HYPE, valued at about 20.1 million USD, and the previously held HYPE was not sold.

Bitcoin Treasuries posted on platform X that the UK Bitcoin treasury company The Smarter Web Company’s TSWCF has risen over 113% this year, outperforming Bitcoin by 117%.