A certain whale/institution has continuously accumulated 142000 AAVE and 2.248 million UNI from 2023 to present

SEC Chairman Atkins issued a document outlining the roadmap for cryptocurrency regulation, pointing out that the custody provisions of the Investment Advisory Act and the Investment Company Act are lagging behind, and the proposal aims to fill the gap in custody capacity. Atkins has clarified that the SEC regulatory sequence includes ending the use of law enforcement as a substitute for regulation, a no action letter for the DTC securities tokenization pilot in December 2025, a classification standard for tokenized securities in January 2026, registration instructions for tokenized securities trading interface brokers in April, a framework proposal for the issuance of Regulatory Crypto Assets in August, and innovative exemptions, and has announced that more regulatory proposals are on the way. (Source: X account of SEC Chairman Atkins)

On October 1st, the SEC proposed new regulations and amendments to establish a cryptocurrency custody framework for registered investment advisors and regulated funds, revise the requirements of the 1940 Investment Advisers Act and Investment Company Act, allow self custody of cryptocurrency assets under specific circumstances, and include state chartered trust companies as qualified custodians. Chairman Atkins stated that the current rules have not kept up with the pace, and the new regulations will replace the uncertainty brought by the customized custody rules for the old era. (Source: SEC)

Community bankers in the United States are suing for attempting to prevent cryptocurrency companies from obtaining banking licenses, and Circle, Coinbase, and World Liberty Financial are at risk of having their licenses revoked. （Bitcoin Archive）

Victims of the Drift attack can now apply for recovery tokens. If redeemed during the initial launch, only about 1% of the loss can be recovered. Long term holding may result in more compensation. Currently, about 216400 $DFX tokens have been destroyed to pay a total of $2250 in compensation. (Source: THE BLOCK)

The Independent Community Bankers Association of America sued OCC in the Federal District Court for the District of Columbia on October 2, accusing OCC of exceeding the National Banking Act's authorization to issue a nationwide trust banking license to cryptocurrency companies, allowing them to obtain banking status without meeting equivalent capital, liquidity, regulatory, and FDIC deposit insurance requirements. At least 13 of the 21 trust banks approved during the Trump administration are cryptocurrency companies, involving companies such as Coinbase, Circle, Crypto.com, and World Liberty Financial. (Source: American Banker)