Hyperliquid's Intel contract trading volume rose to second place, with open interest reaching $119 million.

The Supreme People's Procuratorate disclosed that Wang and others defrauded Xiao of 1.2 million yuan under the guise of purchasing U-coins. The procuratorate has filed a public prosecution against Wang and others for fraud. During the trial, the prosecutor pointed out that virtual currency trading is an illegal financial activity explicitly prohibited by the state and does not fall within the scope of the crime of contract fraud. (Source: Supreme People's Procuratorate)

Iole, a company listed on the Tokyo Stock Exchange's Growth Market, will sell all of its 151.21 bitcoins, with the proceeds going towards AI data centers, AI computing power provision, and its Neo Cloud business. The company plans to complete the sale through cryptocurrency exchanges between October 30th and the end of November, expecting a loss of approximately 254 million yen. Iole will continue to hold its Hyperliquid tokens (HYPE) since July 2026. (Source: Coinpost)

U.S. Senator Cynthia Loomis stated that the CLARITY Act would include Binance as a covered digital asset servicer. The bill retains the effectiveness of existing financial and sanctions laws, providing better tools and faster action. In response to questions from Amanda Fisher, Director of Policy at Better Markets, regarding the bill's effectiveness, Loomis stated that Better Markets' party voted against it. The bill has passed the House of Representatives, but failed to pass the Senate procedural vote on September 15th by a vote of 49 to 50 and is currently stalled.

Flap's official website and flash have been subjected to DNS hijacking and redirected to unauthorized sites. Flap is advising users to temporarily refrain from visiting the official website, connecting wallets, or performing any signing operations. The team is working on restoring the website.

Ogle, a consultant at World Liberty, forwarded a Blockaid warning stating that the websites Kintsu, Flap, and StonkBrokers are suspected of being subjected to a front-end attack related to the StepDrainer toolkit. Users who connect their wallets are at risk of having their assets stolen, and Blockaid is investigating.