Today’s news tips:
Bloomberg: Anthropic could launch an IPO as early as mid-November and could be valued at US$1.8 trillion to US$2 trillion
SMBC Nikko Securities joins forces with Uniswap and others to develop compliant DeFi gateway
Hyperliquid will receive its first AQAv2 reserve revenue distribution tomorrow, approximately $14.5 million to repurchase HYPE
A new proposal from the NEAR community plans to gradually reduce the maximum annual NEAR token issuance rate from 2.5% to 1.6% within 24 months.
The Hong Kong Securities Regulatory Commission includes “FNXAI token” and “1FNXAI token” into digital token-related suspicious investment products
The U.S. SEC proposes new crypto asset custody regulations to allow investment advisers and funds to self-custody under certain conditions
The Ethereum Foundation launches zkAPI to support anonymous AI API payments
Crypto hackers lost more than $766 million in September, the most in a single month in 2026
Supervision & Macro
The United States will release the September non-farm employment report at 20:30 Beijing time on Friday
The United States will release the September non-farm employment report at 20:30 Beijing time on Friday. A Reuters survey shows that non-farm employment is expected to increase by 90,000 in September, significantly lower than the 162,000 in August, and the unemployment rate is expected to remain at 4.1% for the third consecutive month. The report is important data for judging whether the labor market is still resilient and whether further interest rate hikes are needed in October.
The Hong Kong Securities Regulatory Commission includes “FNXAI token” and “1FNXAI token” into digital token-related suspicious investment products
The Hong Kong Securities Regulatory Commission has included “FNXAI token” and “1FNXAI token” into suspicious investment products related to digital tokens. Related products claim that investors can automatically trade U.S. stocks and a range of financial instruments through an AI-driven trading platform to generate stable returns, and involve pledge arrangements related to virtual assets.
The number of people filing for unemployment benefits in the United States in the week ending September 26 was 197,000, slightly lower than expected
Data from the U.S. Department of Labor showed that 197,000 people filed for unemployment benefits in the week to September 26, compared with expectations of 200,000. The previous value was revised from 197,000 to 198,000.
The U.S. SEC proposes new crypto asset custody regulations to allow investment advisers and funds to self-custody under certain conditions
The U.S. SEC has proposed crypto asset custody rules to establish a regulatory framework for registered investment advisers and regulated funds to custody crypto assets. The proposal would allow for self-custody of crypto assets under certain circumstances and would allow state trust companies to serve as custodians of client and fund crypto assets. Self-custody must meet conditions such as the consultant’s professional ability in crypto custody and no qualified third-party custodian available, and must be re-evaluated on a quarterly basis. The proposal will open a 60-day public comment period after it is published in the Federal Register. SEC Chairman Paul Atkins said the proposal would provide investment advisers and funds with a "compliance path that did not exist before."
The U.S. ISM manufacturing PMI fell to 54.5 in September, and the price index rose to 77.9
The Institute for Supply Management (ISM) announced that the manufacturing PMI in September was 54.5, down 0.1 percentage points from 54.6 in August, and was in the expansion range for the ninth consecutive month. Among the sub-categories, the new orders index rose to 55.3, the employment index rose to 52.7, and the price index rose from 71.1 to 77.9; the production index fell to 56.7, and the inventory index fell to 48.6.
Project news
Bloomberg: Anthropic could launch an IPO as early as mid-November and could be valued at US$1.8 trillion to US$2 trillion
According to Bloomberg, Anthropic is seeking to go public as early as mid-November and may launch formal IPO marketing the week of November 9. The goal is to start trading before Thanksgiving on November 26 and complete the listing before the end of the year at the latest. Some potential investors believe that its reasonable valuation range is about US$1.8 trillion to US$2 trillion, and the company expects the IPO size to reach or exceed SpaceX. Anthropic's revenue in 2025 will be approximately US$4.6 billion (US$386 million in 2024), and its net loss will be close to US$42 billion, of which more than US$34 billion will come from changes in the fair value of liabilities, and operating losses will exceed US$8 billion. Relevant arrangements are still under discussion and the schedule may be adjusted.
SMBC Nikko Securities joins forces with Uniswap and others to develop compliant DeFi gateway
SMBC Nikko Securities announced on October 2 that it will cooperate with Nethermind, Uniswap Labs, Nyx Foundation and Coinbase Technologies (operating Base) to develop a compliant DeFi platform "DeFi Gateway" for Japanese investors, which is planned to be completed in mid-2027. It will build an "agency-based treasury" using verifiable AI, use Uniswap v4 Hooks to build a compliant liquidity pool with built-in AML/CFT and investor protection mechanisms, and develop asset management strategies covering digital assets such as stablecoins and RWA. SMBC Nikko Securities leads communication with regulators, while Nethermind is responsible for technical design and development.
Aave founder responds to security incident: Aave v3 contract is not affected, third-party external adapter is attacked
Aave founder Stani Kulechov responded to the attack on Aave v3 Loop Safe, saying that what was exploited was a third-party external adapter built on Aave v3, and the Aave v3 contract itself was not affected.
Upbit will list POD tokens on the Korean Won, BTC, and USDT markets
According to an official announcement, South Korean crypto exchange Upbit will list POD tokens on the Korean Won, BTC, and USDT markets, and trading will begin at 16:00 local time on October 2.
Hyperliquid will receive its first AQAv2 reserve revenue distribution tomorrow, approximately $14.5 million to repurchase HYPE
HL HUB (Community) issued a document saying that Hyperliquid expects to receive the first AQAv2 reserve income distribution tomorrow (October 3). Approximately $14.5 million in passive income generated by USDC reserves will flow into the Assistance Fund and be used to repurchase HYPE.
Bithumb will list US tokens on the Korean won market
According to an official announcement, South Korean crypto exchange Bithumb will list US tokens on the Korean won market, and trading is expected to open at 15:00 local time.
Kinetiq ends kPoints points program, KNTQ once fell 23% after launching subscription mechanism
According to The Defiant report, Kinetiq announced that it will terminate the kPoints points mechanism and switch to a paid collection model. Users who hold points have 10 days to participate in the distribution of a total of 50 million KNTQ tokens at a price of US$0.26 per KNTQ. Based on this price, if all the quotas are allocated, this issuance can bring about US$13 million in revenue to the project side. The market price of KNTQ subsequently fell by 23%.
The Ethereum Foundation launches zkAPI to support anonymous AI API payments
The Ethereum Foundation announced that it has jointly developed zkAPI with the Open Anonymous Project and is already running on the Ethereum mainnet. zkAPI separates payment and identity through zero-knowledge proof. Users can authorize AI API usage quota without exposing their identity by depositing ETH, USDC and other assets into the treasury contract at one time. Using technologies such as Groth16, BN254, Poseidon and Merkle trees, it is first oriented to AI inference scenarios, and can also be used in pay-as-you-go scenarios such as blockchain RPC, image and video generation.
Slow Mist: Aave v3Loop Safe module was attacked and lost 114 ETH
SlowMist said that the Aave v3 Loop Safe module was attacked. The attacker exploited the open()/close() access control vulnerability of FlashLoopAdapter and stole approximately 114.09 ETH from two Safe multi-signature addresses by forging Safe authentication and arbitrary module execution, and repaid approximately 1300 WETH debt to unlock the collateral.
A new proposal from the NEAR community plans to gradually reduce the maximum annual NEAR token issuance rate from 2.5% to 1.6% within 24 months.
NEAR Protocol tweeted that SVRN CEO Sal Ternullo initiated a discussion in the governance forum and planned to gradually reduce the maximum annual issuance rate from 2.5% to 1.6% within 24 months. The 90/10 split between pledgers and the treasury will remain unchanged. It plans to submit a vote next week; the longer-term direction is to eventually end the issuance and form a fixed total supply. The 2.5% issuance rate will add approximately 89,500 NEARs every day. The six-year transition period can avoid the issuance of approximately 66 million NEARs, which is approximately US$329 million at the current price; the staking yield will drop from approximately 5.4% to approximately 3.5%. A 90-day grace period is planned before the first reduction. SVRN holds more than 55 million NEAR, most of which have been pledged.
Binance extends the USD1 airdrop event, with a total prize pool of 150 million WLFI and a maximum of 2.5 million USD1
According to Binance’s official announcement, starting from 00:00 on October 2 (UTC), Binance will continue to carry out airdrop activities for USD1 holders on the platform. Qualified users will share 150 million WLFI and up to 2.5 million USD1 rewards. The event is conducted in two phases, and rewards are distributed weekly.
NEAR Lianchuang: NEAR Intents and near.com have been restored online, and the impact of the vulnerability is limited to USDT on BSC
NEAR co-founder Illia Polosukhin said that NEAR Intents and near.com have been restored online, but a few affected networks are still restricted. The approximately US$3.8 million attack exploited vulnerabilities in the interaction between Omni's deposit and withdrawal infrastructure and the NEAR Intents smart contract, and its impact was limited to USDT on BSC. The NEAR core protocol, NEAR tokens and other applications are not affected, and damaged users will be fully compensated.
NEAR Intents lost approximately US$3.8 million due to security breaches and will fully compensate users
NEAR Intents stated that its services were temporarily suspended due to a security incident. Preliminary reports indicate that the loss was approximately US$3.8 million, and the related funds will be fully compensated. The incident originated from a vulnerability in the interaction between Omni's deposit and withdrawal infrastructure and the NEAR Intents smart contract. The contract-side vulnerability has been fixed, and NEAR Intents and near.com are expected to be restored in about an hour. Deposits and withdrawals on some networks such as BSC, Polygon, TON, Optimism, and Avalanche will be suspended for approximately 12 hours. The incident has been reported to law enforcement and teams are tracking and attempting to recover the funds.
Strategy announces semi-monthly dividend of US$0.50 per share for STRC, with November arrangements subject to daily dividend revisions
According to Strategy’s latest 8-K filing, the company’s board of directors announced a semi-monthly cash dividend of US$0.50 per share for STRC, which will be paid on October 31. Another period of dividends of US$0.50 per share is tentatively scheduled to be paid on November 15; if the daily dividend amendment is approved by shareholders and filed on time to take effect, the semi-monthly dividend will be canceled and will be changed to daily registration in November and payment on the next business day, which still requires board approval.
The merger of XRP treasury company Evernorth and SPAC was approved by shareholders and is expected to be listed on Nasdaq as XRPN on October 8
Evernorth Holdings and Armada Acquisition Corp. II (Nasdaq: XRPN) announced that Armada II shareholders have approved the business combination of the two parties at a special shareholders meeting on September 30. The transaction is expected to raise approximately US$300 million in cash, and investors will contribute XRP in kind. Evernorth is expected to hold approximately 473 million XRP at the time of delivery, making it expected to become the largest publicly traded pure XRP treasury company. The merger is expected to be completed on October 7, and Class A common shares are expected to trade on Nasdaq under the symbol XRPN starting on October 8. Transactions and related private placements have raised more than $1 billion, with investors including Arrington Capital, SBI Group, Ripple, Pantera Capital, Kraken and GSR.
Phantom Wallet launches BNB Chain support
Phantom said on the X platform that BNB Chain is now online on the Phantom wallet, and users can start trading by updating the application to the latest version. Binance co-founder CZ also forwarded the news. This integration supports viewing BNB Chain asset balances, sending and receiving tokens, and in-app exchange. Previously, Phantom had integrated Robinhood Chain in July and stopped supporting Monad and Sui.
Opinion & Analysis
Citi raises 12-month price target for Bitcoin to $113,000 and Ethereum to $3,028
According to Fortune magazine, Citigroup raised the target price of Bitcoin from US$82,000 to US$113,000 in the next 12 months, and raised the target price of Ethereum from US$2,240 to US$3,028. Citigroup predicts that cryptocurrency ETFs will attract approximately US$5 billion in capital inflows in the next year; factors such as a rebound in market interest, a weakening U.S. dollar and the repurchase of long-term bonds by the U.S. Treasury may support digital asset prices.
CEO of US retirement account platform iTrustCapital: More than half of customers bought Bitcoin and continued to increase their positions since the low of $58,000
The CEO of iTrust Capital, a US-based retirement account platform with a scale of $1.3 billion, said that more than 50% of the company’s customers are buying Bitcoin, and investors have continued to allocate since the price of Bitcoin fell to a low of $58,000.
Glassnode: Bitcoin’s $85,000 selling wall has been absorbed by buying
On-chain data analysis platform Glassnode said that the selling wall above Bitcoin has disappeared. Buyers digested the selling wall at $85,000 yesterday, after the price failed to break through multiple tests in the past week. Glassnode said that the rest of the sell orders appear to have been removed, and the upward price movement may accelerate after the liquidity of the selling orders above decreases.
Yang Likun: AI out-of-control incidents can be prevented through engineering improvements, and AMI Labs will launch its first product in the near future
According to Fortune, Yann LeCun, winner of the Turing Award and founder of AMI Labs, said that recent incidents of AI agents losing control are mainly due to insufficient human supervision and sandbox design, and can be prevented through engineering improvements. He also revealed that AMI Labs currently has about 60 employees and is developing a world model for industrial applications based on the JEPA architecture. The first product will be launched "in the near future."
Citi raises Bitcoin and Ethereum target prices for the next 12 months to $113,000 and $3,028
According to Reuters, Citigroup raised its target price for Bitcoin in the next 12 months from $82,000 to $113,000, and raised its target price for Ethereum from $2,240 to $3,028. Citi’s adjustments include increased activity in the crypto market, a supportive macroeconomic environment, and the resumption of ETF capital inflows, and it expects crypto market capital inflows to be approximately US$5 billion in the next 12 months.
important data
Bitcoin spot ETFs had a total net inflow of US$103 million yesterday, with BlackRock IBIT leading the way with a net inflow of US$196 million.
According to SoSoValue data, yesterday (October 1st, Eastern Time), the total net inflow of Bitcoin spot ETFs was US$103 million. BlackRock IBIT ranked first with a net inflow of US$196 million, with a total historical net inflow of US$65.574 billion; Grayscale Bitcoin Mini Trust ETF BTC had a net inflow of US$14.5904 million, with a total historical net inflow of US$2.979 billion; Fidelity FBTC had a net outflow of US$60.7316 million, with a total historical net inflow of US$10.866 billion. The total net asset value of Bitcoin spot ETF is US$109.338 billion, the ETF net asset ratio is 6.43%, and the historical cumulative net inflow is US$57.598 billion.
Unrealized profit of US$1.15 million. A certain whale bought 654,300 UNI in the past month
According to Lookonchain monitoring, a certain whale bought 654,300 UNI through Flowdesk at an average price of $7.17 in the past month, worth $4.69 million, and has not yet realized a profit of $1.15 million.
A giant whale/institution liquidated long-term investment in DeFi tokens and suffered a loss of US$9.61 million.
According to Ember Monitoring, a certain whale/institution has lost $9.61 million in liquidating long-term investment in DeFi tokens. Ten days ago, 37.26 million CRV held for three years were liquidated, resulting in a loss of US$5.97 million. Three hours ago, 4.01 million PENDLE held for one year were transferred to OKX, resulting in a floating loss of US$3.64 million.
Maven 11 Capital repurchased 40,000 HYPE today, having sold 115,000 HYPE a week ago
According to Lookonchain monitoring, Maven 11 Capital-related addresses sold 115,000 HYPE at an average price of US$93.84 a week ago, worth approximately US$10.79 million. As the price of HYPE fell, the address bought back 40,000 HYPE today at an average price of US$89, worth approximately US$3.56 million.
Sold approximately $10.76 million in assets, VanEck ETF wallet sells BTC and ETH through Gemini
According to Onchain Lens monitoring, VanEck’s ETF wallet sold approximately US$10.76 million in assets through Gemini, including 45.41 BTC (approximately US$3.84 million) and 2,570 ETH (approximately US$6.91 million).
Crypto hackers lost more than $766 million in September, the most in a single month in 2026
Data from multiple blockchain security agencies show that losses from encryption hackers and vulnerability attacks exceeded US$766 million in September 2026, the most serious single month of the year. PeckShield counted 55 major incidents, with losses of approximately US$766.5 million; CertiK counted 97 incidents, with losses of approximately US$768.4 million. The losses that month were mainly led by the theft of approximately US$388 million from Bitget and the vulnerability of approximately US$320 million in Liquid Network, with more than US$270 million in funds subsequently returned to the latter. Other larger events include Safe Wallet's approximately $7.8 million, D'CENT's approximately $6 million, and Duelbits' approximately $5.9 million. CertiK stated that there have been a total of 656 security incidents since 2026, with losses of approximately US$2.68 billion.
After 15.4 years of silence, a certain address transferred 20.43 BTC worth US$1.7 million
According to Bitcoin News monitoring, a wallet that has been inactive since May 2011 transferred 20.43 BTC worth $1.7 million, ending 15.4 years of silence. Arkham tracking shows that these BTC came from Braiins (Slush Pool) revenue distribution of approximately $3 to $4. The BTC obtained by this wallet has been split and transferred to the Segregated Witness address, with a handling fee of less than $1, and has not yet been transferred to a known exchange recharge address. The Mt. Gox trustee still holds approximately 34,500 BTC, and the creditor reporting deadline is October 31, 2026.
A certain address has accumulated 12134.13 ETH, worth US$32.41 million, and deposited it into Aave
According to monitoring by Ai Ai, an analyst on the chain, a certain address established a position of ETH worth US$8.07 million four hours ago; since September 2, it has accumulated a total of 12134.13 ETH worth US$32.41 million, with an average purchase price of US$2671.25, which has now been deposited in Aave.
U.S. spot Bitcoin ETF had a net outflow of US$148.7 million, ending 9 consecutive days of net inflows
According to statistics from The Block, U.S. spot Bitcoin ETFs experienced a total net outflow of US$148.7 million on September 30, ending nine consecutive trading days with a cumulative net inflow of approximately US$3.1 billion. Among them, Fidelity FBTC had a net outflow of US$125.6 million, Bitwise BITB had a net outflow of US$13.6 million, BlackRock IBIT had a net outflow of US$9.5 million, and the remaining fund flows were zero. On the same day, the US spot Ethereum ETF had a net outflow of US$59.6 million.