Multicoin co-founder Kyle Samani announced on X platform that his largest angel investment has been invested in Backpack. On September 2nd, Backpack announced that Kyle Samani would join the Backpack US board of directors.

Binance WLD is currently priced at $0.5600, with a 13.8% increase over 24 hours. 24-hour transaction volume of 700 million US dollars, an increase of 51.03%, for reference only

Security researcher @ cyberscrilla has discovered a fake Ledger website and application appearing at the top of Google search results. The website lured users into leaking 24 recovery phrases and has received over 1 million visits in the past 30 days. Zscaler investigation found malicious Google ads impersonating Ledger and redirecting users to fake verification pages. Ledger is investigating a suspected wallet theft case involving CryptoBilis customers, involving a total amount of $86 million.

Kraken's Chief Policy Officer Jonathan Jachym discusses in a podcast the CFTC's regulatory attempts on spot cryptocurrencies, the entry of Hyperliquid into the US market, and the significance of the Bitnominal model. (Source: CoinDesk)

The nominal transaction volume of Papertrade exceeded 80 billion US dollars within one hour of its launch, but due to its loss to token mechanism, users accumulated a loss of 4.73 million US dollars. At present, the LP scale exceeds 2 million US dollars, and PAPER token emissions have entered a decay mode.

The net exposure of hedge funds to the US stock market Magnificent 7 has risen to 22%, reaching a historic high and surpassing the peak of 21% in June 2024, an increase of 7 percentage points from July this year. At the bottom of the bear market in 2022, this indicator was 8%. Large scale liquidation may trigger a sharp reversal and impact the S&P 500 index perpetual contract market, and a decrease in risk appetite may put pressure on Bitcoin. (Source: Hupzy)

OKX-BTC/USDT is currently trading at $83019.10, up 0.08% in 5 minutes. Please be aware of market fluctuations.

Tom Lee stated that Ethereum (ETH) is expected to rise to $25000 to $50000 during this bull market cycle, and is expected to break through $5000 by the end of this year; If the price of Bitcoin exceeds $100000, ETH is expected to rise to around $7500. Market traders are cautious about this expectation, as data shows that traders believe the probability of ETH rising to $5000 by the end of 2026 is only 4%.

[Main password: BTC main player shows consistency anomaly, with a total of $173 million in pending orders] Key zones see unusual fund activity, hinting at underlying market tension. The next moves are worth close attention.

OKX-ETH/USDT is currently trading at $2500.93, with a 5-minute increase of 0.04%. Please be aware of market fluctuations.

The Texas Commercial Court dismissed shareholder Gary Guillaume's derivative lawsuit against Coinbase directors on October 2, citing that the plaintiff did not make a written request to the board in advance and the court did not make a ruling on the alleged misconduct. Coinbase CEO Brian Armstrong praised the precedent on October 9th and stated that it encourages more businesses to register in Texas. (Source: CryptoSlate)

In the third quarter of 2026, the consumption of stablecoin cards reached 4.31 billion US dollars, an increase of 33% compared to 3.24 billion US dollars in the second quarter. TRON processed $998 million in card transactions, accounting for 23.2%, ranking first; Base Network ranks second with $636 million, while BNB Chain ranks third with $469 million. The three together accounted for nearly half of the stablecoin card trading volume for the quarter. The payment network Plasma under Tether had a card transaction volume of approximately $236 million in the current quarter, an increase of approximately 250% compared to the previous quarter. (Source: CryptoBriefing)

OKX - CRCL/USDT contract movement, current price $85.83, 24-hour increase 4.44%, please pay attention to future price opportunities!

The cross chain protocol Relay has stopped providing Vaults product services, and the new deposit function has been disabled. Users can withdraw funds through the withdrawal page before December 31, 2026, and can still withdraw funds through contracts after the deadline, Swap、 The payment service and existing integration are operating normally.

The Finance Committee of the French National Assembly has passed two cryptocurrency tax amendments, including treating the exchange of stablecoins regulated by MiCA as taxable sales, imposing taxes on departing individuals with cryptocurrency assets worth over 800000 euros, and allowing investors to carry forward losses on cryptocurrency assets for 10 years. On October 9th, the committee rejected the revenue portion of the budget by 31 votes to 3. The above-mentioned amendments will not be automatically included, and supporters need to resubmit them in the debate starting on October 13th. The official vote is scheduled for October 20th. (Source: Decrypt)

The French committee supported the stablecoin swap tax and cryptocurrency exit tax, but subsequently rejected the overall budget proposal.

[CZ: Personally not opposed to hardware wallets, different wallet products suit different scenarios] CZ stated in a post that users should pay attention to asset security and clarified that he is not opposed to hardware wallets or self-custody. CZ mentioned that different wallets and products are suitable for different use cases, with varying security implications and best practices. He also disclosed that YZi Labs has invested in hardware wallet projects such as OneKey and SafePal, as well as mobile wallet products like Trust Wallet.

[Justin Sun: TRON's Post-Quantum Cryptography Defense Upgrade Now Live on Testnet] TRON founder Justin Sun has confirmed that the post-quantum cryptography defense upgrade developed by TRON Labs is now live on the TRON testnet. This upgrade utilizes a hybrid signature mechanism aimed at addressing security risks posed by future computational breakthroughs. The current core objectives are stress testing for network stability and security audits. The smart contract verification environment has been opened to the public, but no timeline has been set for the mainnet upgrade or fund migration. (Source: Cointelegraph)

[Liquidity of BTC and ETH Restored, Altcoins Still Face Risks] On the first anniversary of the 10-10 crypto market crash, the underlying liquidity of Bitcoin and Ether has been rebuilt, but many Altcoins still face risk challenges. A year has passed since Bitcoin's all-time high of over $126,000 set in 2025, and it has now retraced by 32%, trading steadily above $85,000. Currently, capital is highly concentrated in Bitcoin and Ether, while order books for other Altcoins remain thin in both spot and derivatives markets. If faced with macroeconomic shocks or localized leverage liquidations, these liquidity-deficient tokens are prone to sharp, unilateral price swings.

President Trump has ruled out the possibility of taking action against Iran before the midterm elections. Federal Reserve meeting minutes and multiple officials have stated that inflation remains high and there may be another interest rate hike within the year, but action may not be taken in October.