Charles Schwab launches retail transactions for Bitcoin and Ethereum

BlackRock CEO Larry Fink warns that stagnant AI data center construction could trigger a US economic recession, with $483 million in futures clearing in the cryptocurrency market. Hyperliquid founder Jeff Yan calls for regulation of the application layer rather than the blockchain itself.

Chainalysis revealed that in a theft incident involving Ledger, a fraudster lost over 60 BTC worth approximately $4.8 million. The funds originated from a task fraud, where participants were required to invest funds in order to receive rewards. On September 22nd, the mastermind behind the fraud transferred funds to three Ledger addresses. On October 9th, the thief cleared the above address and transferred the funds to the same wallet, which involved stolen funds.

The Swedish central bank suggests that the parliament prepare relevant legislation for the launch of the digital krone, citing reasons such as the European Central Bank's promotion of the use of digital euros and foreign currency stablecoins. The Swedish central bank stated in a letter to the parliamentary finance committee on October 7th that the European Central Bank plans to launch a digital euro pilot in 2027 and may launch it to the public in 2029. The Swedish central bank pointed out that the lack of a digital version of the domestic currency in the payment system will affect competitiveness. Foreign currency stablecoins such as the US dollar peg are widely used for payments within Sweden, putting pressure on the use of the Swedish krona. The Swedish central bank estimates that it will take at least five years to launch the digital krona, excluding the time required for legislative changes.

Binance US plans to conduct a $100 million private equity financing at a valuation of $1 billion. (Source: Bloomberg)

Patrick Collison, co-founder of Stripe, stated that after joining Stripe, Privy's wallet assets increased by about 25 times, monthly active developers increased by about 3 times, revenue increased by about 9 times, and nearly $25 billion in monthly transactions were facilitated. Ramp, Deel, Klarna, Hyperliquid and other enterprises are building embedded banking functions based on Privy. Stripe is integrating Privy into Treasury, Link, and Connect, and plans to launch Link balance functionality. The Privy wallet infrastructure now supports AI agents such as Merit Systems and Nevermined to conduct transactions and earn income. Both parties are building a unified API to support stablecoin balances, fiat currency transfers, and bank card payments.