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U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.

ME News reports that on October 17 (UTC+8), tech reporter Mark Gurman said Apple launched the iPhone Duo early despite supply shortages to get it to market sooner. Supply is not expected to become relatively plentiful until at least November. Apple has not disclosed whether its retail stores will have the device in stock on launch day. (Source: ChainCatcher)

ME News reported on October 17 (UTC+8) that the third-quarter report published by stablecoin payment network Borderless.xyz showed that the median cost of sending a $200 remittance through stablecoin payment rails was 1%, or $2. By comparison, according to World Bank data, the median cost through traditional remittance channels was 6.36%, or $12.72. This puts the cost of stablecoin remittances about 84% lower. The comparison uses Borderless’s third-quarter 2026 pricing and World Bank data from the same period in 2025. The cost advantage is also significant in emerging markets. Stablecoin remittance costs in sub-Saharan Africa were 2.9%, compared with 8.46% for traditional transfers; in Latin America, the figures were 1.25% and 5.64%, respectively. For business payments, a $10,000 stablecoin transfer

ME News reports that on October 17 (UTC+8), U.S. President Trump made the following remarks: “I know some details about the Russia-Ukraine conflict. I’ll disclose them at some point, and I hope it ends. The Biden administration did a lot of bad things regarding Ukraine.” When asked about inflation, Trump again claimed: “Oil prices will fall soon. Israel has been a great help to Saudi Arabia, and the Abraham Accords are once again on Saudi Arabia’s agenda.” (Jin10) (Source: ODAILY)

ME News, Oct. 17 (UTC+8) — According to CoinMarketCap market data, BTC fell below $81,000 and is currently trading at $80,956, down 0.5% over the past 24 hours. (Source: CoinMarketCap)

ME News, October 17 (UTC+8) — According to CoinMarketCap market data, ETH fell below $2,400 and is currently trading at $2,397.0, down 1.4% over 24 hours. (Source: CoinMarketCap)

ME News reported that Warsh made no comments or provided any guidance on monetary policy at the IMF annual meetings in Bangkok, prompting markets to scale back bets on a rate hike later this month. The dollar weakened, ending a four-week rally, and the index fell on Friday. The euro rose, potentially ending a five-week losing streak, as the blackout period ahead of the October policy meeting began.

SEC disclosures show that investment adviser Unique Wealth filed a 13F-HR report with approximately $10.4 million in Bitcoin-related exposure. 13F-HR reports disclose qualifying securities holdings quarterly and do not include direct crypto asset holdings, so these positions are typically securities-based exposure, such as spot Bitcoin ETFs.

ME News, October 17 (UTC+8) — LayerZero Labs, in collaboration with the a16z Crypto research team, Carnegie Mellon University, and Imperial College London, released a new research result, Aerie, aimed at improving the efficiency of post-quantum cryptographic signature aggregation. According to the announcement, Aerie is built on Akita, a previously introduced lattice-based polynomial commitment scheme. On a MacBook Pro equipped with an Apple M4 Max chip, it can aggregate 32,768 Falcon-512 signatures in 0.65 seconds using 16 CPU cores, with no GPU acceleration, and a peak memory usage of approximately 2.1 GiB. LayerZero said that compared with the previous Orthus scheme, Aerie

NEAR Intents’ postmortem report said that approximately $3.8 million in assets was withdrawn due to a flaw in its deposit notification feature. The attacker used a smart contract that deliberately caused notifications to fail. Deposited tokens were returned, but the ledger still credited the balance. Across 23 failed transactions, this generated fraudulent balances, which were used to withdraw real tokens from September 29 to October 1 and transfer them to other blockchains. The vulnerability was in the contract layer, not the Omni infrastructure. The attacker returned all funds within 36 hours of discovery, and all affected users were fully compensated. The team has strengthened balance monitoring and removed the feature on October 7. A security researcher who discovered the vulnerability received a $300,000 bounty.

ME News reports that Order No. 212 of the U.S. Bankruptcy Court for the District of Delaware approved a settlement agreement between MVMT Labs and parties related to Rushikesh Manche, on one side, and Movement Network Foundation and other foundation-related parties, on the other, in connection with MVMT Labs’ Chapter 11 bankruptcy case. The specific terms and scope of the release of disputed claims remain subject to confirmation in the complete documents. Source: PANews.

In an interview with Bitcoin Magazine, Lark Davis said BTC is consolidating around $80,000, but the next bull market is just around the corner. He said a bottom may form at $57,000, citing signals such as whale accumulation and the two-week MACD. He believes BTC and altcoins still offer opportunities, with ETF inflows driving the market. He also discussed whether the four-year cycle has broken down, comparing the situation to how gold ETFs reshaped market structure. Other topics included this being the shortest and shallowest bear market in history, as well as the outlook for Bitcoin regulation in light of a U.S. strategic reserve and the Clarity Act. He said enshrining it in law would boost Bitcoin’s legitimacy.

ME News, Oct. 16 (UTC+8) — According to MSX.COM data, Strategy (MSTR) extended its decline to 6.46%, trading at $141.5. In related news, MSCI plans to exclude companies whose asset structures are more akin to investment funds than traditional operating businesses, based on the proportion of operating assets and several financial metrics. Because Strategy holds a large amount of Bitcoin, it has been identified as a potential candidate for removal from the index. The final list of affected companies is expected to be announced on Nov. 11. The market is concerned that if Strategy is removed from MSCI-related indexes, passive funds that track those indexes may be forced to reduce their MSTR holdings.

ME News, Oct. 16 (UTC+8) — The credit default swap (CDS) market shows that CDS prices for tech companies such as Microsoft, Nvidia, Meta, and Amazon have risen sharply since fall 2025, with some even doubling. This suggests investors are questioning whether the AI boom can generate enough returns to support large-scale debt-financed investment. The market is concerned that tech companies could face excessive debt burdens, similar to the situation before the 2008 financial crisis. (Source: ChainCatcher)

S&P 500 constituent and core banking systems provider Jack Henry (JKHY) is expanding its partnership with Google Cloud by integrating GCUL, offering tokenized deposits and inter-institution transfers to banks and credit unions. GCUL is a fully managed distributed ledger provided by Google Cloud that supports the tokenization and transfer of funds and assets on a shared, real-time ledger, along with programmable 24/7 settlement.

ME News, October 16 (UTC+8) — PhotonPay, a next-generation payment operating system, announced that it has officially obtained an Electronic Money Institution (EMI) license issued by the UK Financial Conduct Authority (FCA). The license allows PhotonPay to issue electronic money under the UK regulatory framework and provide customers with related payment services within its authorized scope, further strengthening its local financial infrastructure in the UK and European markets.
JP, PhotonPay’s global compliance officer, said, “Obtaining a UK EMI license is an important milestone in PhotonPay’s ongoing expansion of its global compliance footprint. The UK is

ME News reported on October 16 that Lido revealed the Fallback Exits mechanism for its lending product, Lido Lend, on X. The mechanism allows lenders to withdraw by seizing collateral when liquidity for borrowed assets is insufficient, providing them with an additional exit route. Lend is based on a modified version of Morpho Blue and uses isolated markets. When triggered, borrowers closest to the liquidation threshold are affected first, and their outstanding debt is reduced accordingly. Detailed specifications will be announced within two weeks, and the product will be deployed on mainnet after DAO governance is complete.

ME News reports, Oct. 16 (UTC+8): French hardware wallet manufacturer Ledger received multiple reports of malicious implants months before the latest security crisis. Former Mt. Gox CEO Mark Karpelès said at least two people had contacted Ledger since December 2025 to report tampered devices, but found no public warnings issued by the company. Security researcher Joe Grand said he reported a malicious implant to Ledger on March 4, 2026. The implant was found in a Nano X purchased through Thailand’s Lazada in August 2025. Ledger confirmed the finding and said it would conduct an internal investigation, but did not proactively alert customers. Mark Karpelès believes the increase in reports and

ME News reports that, according to an official announcement from Cobo on October 16 (UTC+8), due to a business strategy adjustment, the Cobo Wallet App will shut down on December 1, 2026 (UTC+8). Users must transfer all assets out by 23:59 on November 30. Cobo’s other businesses will continue operating as usual. After the shutdown, accounts with remaining assets will be charged a monthly management fee of 2% of the remaining assets, deducted in the original currency, with a monthly minimum equivalent to $100. If the total asset value is less than $100, the entire balance will be deducted in one payment. The first fee will be charged on January 1, 2027. Cobo reminds users to update the Cobo Wallet configured on exchanges, mining pools, and other platforms.

ME News reported that on October 16 (UTC+8), Bitcoin mining service provider Sazmining announced a personal purchase plan that lets customers directly own immersion-cooled hashboards developed by Proto, Block’s Bitcoin mining hardware division. Sazmining will install, operate, and maintain the equipment at mining facilities in the United States, and the mined bitcoin will be sent directly to customers’ personal wallets. Each hashboard is priced at $4,187, with a $1,397 down payment and the remaining balance payable over 18 months at 0% interest. The equipment is expected to begin operating between November and December 2026, with each hashboard delivering about 200 TH/s of hashrate and energy efficiency of about 15 J/TH. Sazmining will charge a flat rate for electricity and maintenance and provide customers with hashboard operation services. The

ME News, October 16 (UTC+8) — According to Sentora’s weekly DeFi data, total DeFi value locked (TVL) fell by $1.34 billion over the past 7 days to $122.25 billion, while stablecoin supply decreased by $1.35 billion over the same period to $305.24 billion. Sentora said the similar declines in both metrics suggest that funds may be exiting onchain markets.
Other data showed that total RWA TVL fell to $4.04 billion, while Ethereum’s share of TVL dropped to 57.79%. In DeFi lending markets, the volume of high-risk loans with liquidation prices less than 5% away fell to $6.72 billion, down $395 million from last week.
Meanwhile, the stablecoin available liquidity ratio rose by 1.37 percentage points to