MeNews

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, October 2 (UTC+8) — Bitcoin News posted on X that during a debate in the Dutch Parliament, the State Secretary grouped cryptocurrencies alongside cognac, gold, silver, and Pokémon cards, explaining why cryptocurrencies were not included in the proposed tax amendment. The discussion then shifted to the potential tax disparity created by this arrangement: cryptocurrency ETFs may be subject to different tax rules than directly held cryptocurrencies. (Source: ODAILY)

ME News, October 2 (UTC+8) — QCP Capital released its latest market analysis, stating that BTC has broken out of the $82,500–$85,700 trading range it had remained in for the previous week. It briefly reached $86,913 intraday, marking a new high since September 23, and is currently trading around $85,900, up 14.6% from the September 15 low of $74,968. QCP noted that during this rally, the annualized funding rate for perpetual contracts was only 5.4%, indicating that the move was primarily driven by spot buying rather than leveraged trading. QCP believes that BTC’s rally has diverged from signals in traditional macro markets. In September, the yield on 30-year U.S. Treasury bonds rose to 5.62%, while the 10-year yield reached 5.29% at one point, and gold recorded its strongest performance of the year so far.

ME News announced on October 2 that Trust Wallet had become the inaugural partner of the Ondo Incentive Program (OIP). Users who previously exchanged or held Ondo RWA through Trust Wallet can check their eligibility to claim rewards. Eligible users can claim BLKH token rewards on BNB Chain. For specific eligibility requirements and claim details, please visit Trust Wallet’s official page.

Stani expressed disappointment with the response to the MiCA consultation. The ECB and EBA not only advocated banning stablecoin yields, but also recommended restricting CASPs from providing access to DeFi, along with introducing suitability tests and a certification system for DeFi lending. He worries these measures will create closed ecosystems and weaken liquidity. He called for putting users’ interests at the center, arguing that stablecoins, DeFi, and tokenized securities can reduce friction and enhance transparency, and that DeFi will ultimately prevail.

ECB’s Schnabel said at a London discussion that three on-chain pathways are being studied: issuing reserves directly; maintaining RTGS while connecting it to a DLT interoperability layer; and tokenizing reserves and issuing fully backed settlement tokens (private claims). A UK survey found that 71% agree tokenization will reshape financial services, 60% value faster payments, 41% focus on collateral and liquidity, and 77% rank investing in emerging technologies as a growth priority, up from 41% in 2025.

ME News, October 2 (UTC+8) — Alliance DAO co-founder QwQiao remarked that the cryptocurrency eras of the 2010s and 2020s will forever be the best. Anyone on Earth with an internet connection could own assets that would ultimately be worth trillions of dollars at a valuation of less than $1 billion. By contrast, nearly all other technological waves, including artificial intelligence, originated in Silicon Valley, and only a small number of people who were already close to the inner circle could become extremely wealthy. (Source: BlockBeats)

ME News, October 2 (UTC+8) — Crypto custody company Copper has launched institutional trading access to Hyperliquid perpetual contracts through its API and platform interface. The integration allows clients to trade Hyperliquid perpetual contracts through Copper while keeping their assets in its non-custodial MPC infrastructure. (Source: PANews)

ME News, October 2 (UTC+8), ME News, October 2 (UTC+8), Lloyds Bank’s 10th annual financial institutions sentiment survey shows that 71% of senior executives at large UK financial institutions expect tokenization to reshape the financial services industry. The survey shows that faster payment and settlement speeds were the most frequently mentioned benefits of tokenization, followed by collateral and liquidity management. (Source: ChainCatcher)

ME News, October 2 (UTC+8) — According to a Europol announcement, Spanish police arrested a 16-year-old Romanian national in Alicante on suspicion of serving as the administrator and primary operator of the ransomware group KillSec. Two other suspects in their twenties were arrested separately in the United Kingdom and Romania. Another developer who turned 18 in August this year was identified but not arrested because some of the alleged crimes occurred while the person was a minor. Codenamed Operation KillSwitch, the operation was led by the Hamburg State Criminal Police Office and the city’s public prosecutor’s office in Germany. The investigation focused on approximately 1,000 suspected attacks worldwide, of which about 500 have so far been confirmed as successful intrusions. Law enforcement officers searched eight locations in Spain, Greece, Romania, and the United Kingdom and took control of five

This month, USDT will return to the Bitcoin network through Tether-backed Utexo. Founded in 2025, Utexo completed a $7.5 million funding round led by Tether and has obtained a commercial license to issue USDT on Bitcoin. It uses the RGB protocol, anchored to UTXOs, with transaction details stored off-chain and the ledger serving only as proof of ownership. It offers three key use cases: private transfers, direct native BTC/USDT swaps, and BTC-collateralized lending. Because it is anchored to UTXOs, assets cannot be frozen comprehensively as they can on Ethereum, but Utexo will blacklist prohibited UTXOs and disclose them to exchanges.

According to Ember Monitoring, an address suspected to belong to an Aave team member sold a total of 50,000 AAVE in batches over the past week, receiving $8 million in USDC at an average price of approximately $160. The address previously received 108,000 AAVE from the Aave Team wallet between 2020 and 2021 and currently still holds 30,000 AAVE, worth approximately $5.5 million. Source: Foresight News.

ME News, October 2 (UTC+8) — According to CoinMarketCap market data, ETH is currently priced at $2,766.66, up 3.1% over the past 24 hours. (Source: CoinMarketCap)

ME News, October 2 (UTC+8) — The yield spread between French and German 10-year government bonds rose to its highest level since 2012, extending Thursday’s sharp widening trend. Commerzbank strategists said the widening spread had spread to highly indebted countries such as Italy, Belgium, and Greece. The spread between French 10-year government bonds and German government bonds briefly rose to 149.17 basis points. (Source: ChainCatcher)

ME News, October 2 (UTC+8) — The United States will release its September nonfarm payrolls report at 20:30 Beijing time on Friday. The latest Reuters survey shows that U.S. nonfarm payrolls are expected to increase by 90,000 in September, significantly below August’s 162,000. The unemployment rate is expected to remain at 4.1% for the third consecutive month. After the Federal Reserve implemented its first rate hike in three years in September, this report will be one of the key data points for determining whether the labor market remains resilient and whether another rate hike will be needed in October. (Source: PANews)

The SEC published Stove Finance’s public comment letter on the exemption for tokenized stocks, focusing on infrastructure issues in on-chain markets: aligning asset conversion, inventory replenishment, reconciliation, and corporate actions such as dividends and stock splits between traditional securities and on-chain systems. The letter recommends expanding the participation of registered broker-dealers in building on-chain securities recordkeeping, reconciliation, and delivery infrastructure, while having broker-dealers, custodians, transfer agents, on-chain exchanges, and other stakeholders jointly establish unified standards for asset conversion, settlement status, and corporate actions. As tokenized stocks enter DeFi use cases such as AMMs and liquidity pools, cross-system interoperability and post-trade settlement are becoming the industry’s next major challenges.

ME News, October 2 (UTC+8) — Prediction market data shows that trading volume for “Steelers vs. Browns” reached $5.0M over the past 24 hours, with market participation increasing significantly.

The Drift/Velocity Foundation has begun compensation for the April 1 security incident, issuing compensation tokens in DFX at a 1:1 ratio, with a total supply of approximately 299.5 million. Verified losses amount to approximately $295.4 million, and no additional tokens will be issued. DFX can be officially burned in exchange for USDT or traded on the secondary market; the redemption price is approximately $0.0104, covering about 1% of the losses and triggering community dissatisfaction. The secondary-market price has risen to approximately $0.03, with liquidity of about $200,000. Buyers are focused on subsequent capital injections, recovered funds, and the handling of unclaimed amounts.

KoFIU data shows that South Korean cryptocurrency exchanges experienced a sharp contraction in profitability and market activity in the first half of 2026: operating profit fell 78% year over year, average daily trading volume declined 44%, market capitalization decreased 33%, Korean won deposits dropped 35%, and exchange revenue fell 41%. The survey covered 26 registered virtual asset service providers (17 exchange operators and 9 custody/wallet service providers), with the statistical period running from 2026-01-01 to 06-30. The number of accounts eligible for trading increased slightly by 0.4% year over year. (Source: ODAILY)