Applied DNA Sciences, Inc. (NASDAQ: APDN) announced that it has secured subscription commitments for a private equity investment public transaction (PIPE) led by institutional investors, with a total amount of up to $58 million. The funds will be used to implement a BNB-based digital asset financial strategy. Currently, the company has received subscription commitments totaling $27 million, with funding forms including cash, stablecoins, and OBNB trust units. Additionally, through the exercise of warrants, the company expects to raise up to an additional $31 million, bringing the total financing amount to $58 million. The PIPE transaction is expected to be completed around October 1, 2025. To support its BNB reserve strategy, Applied DNA Sciences has signed a five-year "Strategic Digital Asset Services Agreement" with Cypress LLC, under which the latter will provide full asset management services.

OKX-ETH/USDT is currently trading at $4198.76, with a 5-minute drop of 0.10%. Please be aware of market fluctuations.

[Renowned Trader James Wynn Shorts HYPE, Citing Competitive Pressure] On September 30, trader James Wynn opened a 10x short position on HYPE with a commission rebate. The position value was $66,000, with an entry price of $45.25 and a liquidation price of $47.483. He believes that the rapid growth of ASTER is squeezing Hyperliquid's market share, and the upcoming HYPE token unlock in November could be unfavorable for holders. Reportedly, starting from November 29, 2025, 237.8 million HYPE tokens will be unlocked linearly over a 24-month period.

[Base Mainnet to Upgrade on October 8] The Base Mainnet will undergo the Optimism Superchain U16A upgrade from 1:00 to 3:00 Beijing Time on October 8. During the upgrade, pending withdrawals from the Base Mainnet to Ethereum L1 will be temporarily invalid, but deposits and on-chain activities will not be affected. Users need to complete withdrawals before the upgrade; incomplete withdrawals will need to be re-verified after the upgrade. This upgrade poses no risk to ETH or ERC-20 tokens.

[Qian Zhiming's Plea Does Not Determine the Fate of 61,000 BTC] Caixin analysis states that Qian Zhiming's guilty plea does not directly determine the fate of approximately 61,000 Bitcoin involved in the case. The related civil recovery process is still ongoing in the UK High Court. The court will prioritize returning assets to victims, and the remaining unclaimed portion may be ruled as forfeited to the national treasury. Whether it will be shared with China in the future remains to be decided.