Today's news tips:

1. Social media platform X has paid the Brazilian Supreme Court fine and will resume services in the country

2. Federal Reserve mouthpiece: The door to another 50 basis point rate cut by the Federal Reserve next month may be closed

3.EigenLayer: An investor’s email was hacked and more than 1.67 million EIGENs were stolen

4. Nomura: Powell's huge influence will reduce the extent of subsequent Fed rate cuts

5. Khosla Ventures: OpenAI's current corporate structure is not suitable for IPO

6. The latest non-farm payrolls report may make the Fed consider suspending interest rate cuts in November

7. SlowMist Cosine: Hackers illegally obtained more than 1.67 million EIGEN from an investor, mainly exchanged them into USDC/USDT and have been "laundered"

Regulatory News

U.S. Department of Homeland Security: More than 500 ransomware attacks have been prevented since 2021

According to Bloomberg, the U.S. Department of Homeland Security's specialized cybercrime unit said that they have prevented more than 500 ransomware attacks and seized billions of dollars in cryptocurrency since 2021. The Homeland Security Investigations (HSI) is currently taking steps to prevent hacker attacks before they occur. HSI prevented 150 ransomware plots between October 2023 and September 30 this year, and a total of 537 intrusions have been prevented since the operation began in 2021. In addition, HSI has seized $4.3 billion worth of cryptocurrency since 2021.

Social media platform X has paid the Brazilian Supreme Court fine and will resume services in the country

According to Jinshi.com, Musk's social media platform X has paid a fine from the Brazilian Supreme Court and the company will submit a new request to resume services in the country.

HKVAX becomes the third licensed virtual asset trading platform in Hong Kong

According to Ming Pao, the Hong Kong Securities and Futures Commission has updated the list of virtual asset trading platforms. HKVAX, a virtual asset trading platform under Hong Kong Virtual Asset Exchange Limited, has obtained the VATP license, becoming the third licensed virtual currency platform in Hong Kong. HKVAX announced that in addition to over-the-counter (OTC), trading platform and custody services, it will also focus on providing security tokens (STO) and real asset tokenization (RWA) services.

Project News

SymbioticX accounts are suspected to be stolen, users need to be vigilant

Symbiotic's X account is suspected to have been stolen even though 2FA authentication was set up. Users should be wary of the content posted by this account.

Bitwise to launch Bitcoin and Treasury bond rotation strategy ETF (BITC)

According to Coindesk, Bitwise announced on Friday the launch of the Bitwise Trendwise Bitcoin and Treasury Rotation Strategy ETF (BITC), which combines the Bitwise Bitcoin Strategy Optm Roll ETF (BITC), the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Eth Eq Wgh Str ETF (BTOP). Bitwise said in a statement that the launch of spot Bitcoin and Ethereum ETFs earlier this year made futures-based crypto funds less attractive to investors seeking long-term capital appreciation. With the new fund, asset managers can rotate between 100% exposure to crypto futures contracts and 100% exposure to U.S. Treasury bonds based on market trends, thereby better managing volatility in the crypto market. Bitwise is converting its three futures-based ETFs into a single ETF, and the conversion is expected to take place on December 3.

TON Society launches Memelandia project to support the development of ecological Meme coins

According to the official blog of TON, TON Society announced the joint launch of TON Memelandia, which was created by the TON community and supported by the TON Foundation and TON Society. It is reported that TON Memelandia will use the Telegram user base to provide a unique development space for Memecoins. The plan includes multiple core areas such as Launchpad Lair, Meme Mountain and Cabal Arena to support the development of ecological Meme coins.

Cosmos developers sold 4,000 ETH raised in early trading 27 hours ago, worth $9.5 million

According to on-chain analyst Ember, 27 hours ago, Cosmos developer Interchain Foundation sold 4,000 ETH (about $9.5 million) raised in April 2017. They have sold a total of 15,100 ETH (about $37.09 million) in more than five months from the end of April this year to now. Cosmos developers raised about $17 million in funds (including 4882.7 BTC and 246,891 ETH) through ICO in April 2017.

EigenLayer: An investor's email was hacked and more than 1.67 million EIGEN were stolen

EigenLayer disclosed in a post on X that an isolated incident occurred this morning. An investor's email about transferring the vested tokens to the escrow address was hacked. The hacker replaced the specific address, resulting in 1,673,645 EIGEN tokens being mistakenly transferred to the hacker's address. The hacker has sold the stolen EIGEN tokens through a decentralized trading platform and transferred the stablecoins to a centralized exchange. EigenLayer said it is in contact with these platforms and law enforcement agencies, and some funds have been frozen. The attack did not involve the EigenLayer protocol itself, and the protocol or token contract did not expose vulnerabilities. Earlier news, Lookonchain monitored that an address received 1.67 million EIGEN from the Eigenlayer team wallet and sold it completely at a price of US$3.3, equivalent to approximately US$5.51 million.

Important data

A Bitcoin whale transferred $3.58 million worth of BTC to Kraken exchange

According to Arkham monitoring, a whale who has held Bitcoin since 2009 transferred $3.58 million worth of BTC to the Kraken exchange. The whale holds a total of $72.5 million worth of BTC, which was mined just one month after Bitcoin came out in 2009.

A whale withdraws 1 million EIGEN from Binance and deposits all 3.01 million EIGEN into EigenLayer for staking

According to on-chain data analyst Ember's monitoring, @0xBoby1337 withdrew 1 million EIGEN (about 3.63 million US dollars) from Binance 5 hours ago, and then deposited all 3.01 million EIGEN (about 10.9 million US dollars) he held into EigenLayer pledge, of which 1 million were withdrawn from Binance and the other 2.01 million came from airdrops.

Yesterday, Grayscale ETHE had a net outflow of US$8.2 million, with a cumulative outflow of 37% in 53 trading days.

According to Trader T data, Grayscale ETHE had a net outflow of US$8.2 million yesterday. In the 53 trading days since its launch, 37% of the funds have flowed out, and it is expected that 50% will flow out within 106 days.

The total open interest of ETH contracts on the entire network is US$11.462 billion, down 0.29% in 24 hours

According to Coinglass data, the total open interest of ETH futures contracts on the entire network is 4.7304 million ETH, equivalent to US$11.462 billion, with a 24-hour drop of 0.29%. Among them, the open interest of Binance ETH contracts is 1.3925 million ETH (approximately US$3.371 billion), ranking first, with a 24-hour increase of 0.55%.

The total open interest of BTC contracts on the entire network is US$32.828 billion, a 24-hour increase of 0.24%

Coinglass data shows that the total open interest of BTC contracts on the entire network is 527,700 BTC, equivalent to US$32.828 billion, with a 24-hour increase of 0.24%. Among them, the open interest of CME BTC contracts is 146,100 BTC (approximately US$9.078 billion), ranking first, with a 24-hour decrease of 2.44%; the open interest of Binance BTC contracts is 115,300 BTC (approximately US$7.272 billion), ranking second, with a 24-hour decrease of 1.1%.

Cumberland and other addresses transferred nearly 80 BTC to Invesco Bitcoin ETF, worth $4.93 million

According to Arkham monitoring, about 16 hours ago, the Cumberland DRW marked address transferred 39.977 BTC worth US$2.45 million to the Invesco Bitcoin Exchange Traded Fund BTCO Invesco Galaxy Bitcoin ETF; then about 8 hours ago, an unmarked address transferred another 39.977 BTC worth US$2.48 million to the BTCO Invesco Galaxy Bitcoin ETF.

Bitcoin spot ETF had a total net inflow of US$25.5859 million yesterday, and the ETF net asset ratio reached 4.68%

According to SoSoValue data, yesterday (October 4, Eastern Time), the total net inflow of Bitcoin spot ETFs was $25.5859 million. Yesterday, Grayscale ETF GBTC had a single-day net outflow of $13.9096 million, and the current historical net outflow of GBTC is $20.138 billion. Grayscale Bitcoin Mini Trust ETF BTC had a single-day net outflow of $0.00, and the current historical total net inflow of Grayscale Bitcoin Mini Trust BTC is $422 million. The Bitcoin spot ETF with the largest single-day net inflow yesterday was Bitwise ETF BITB, with a single-day net inflow of $15.2854 million, and the current historical total net inflow of BITB is $2.112 billion. The second is Fidelity ETF FBTC, with a single-day net inflow of $13.6262 million, and the current historical total net inflow of FBTC is $9.848 billion. As of press time, the total net asset value of the Bitcoin spot ETF was US$57.734 billion, the ETF net asset ratio (market value as a percentage of the total market value of Bitcoin) reached 4.68%, and the historical cumulative net inflow has reached US$18.499 billion.

Ethereum spot ETF had a total net inflow of $7.3937 million yesterday, and the ETF net asset ratio reached 2.28%

According to SoSoValue data, yesterday (October 4, Eastern Time), the total net inflow of Ethereum spot ETFs was $7.3937 million. Yesterday, Grayscale Ethereum Trust ETF ETHE had a single-day net outflow of $8.1958 million, and the current historical net outflow of ETHE is $2.962 billion. Grayscale Ethereum Mini Trust ETF ETH had a single-day net outflow of $0.00, and the current historical total net inflow of Grayscale Ethereum Mini Trust ETH is $295 million. The Ethereum spot ETF with the largest single-day net inflow yesterday was BlackRock ETF ETHA, with a single-day net inflow of $14.7182 million, and the current historical total net inflow of ETHA is $1.191 billion. The second is Bitwise ETF ETHW, with a single-day net inflow of $871,300, and the current historical total net inflow of ETHW is $327 million. As of press time, the total net asset value of the Ethereum spot ETF was US$6.66 billion, the ETF net asset ratio (market value as a percentage of Ethereum's total market value) was 2.28%, and the historical cumulative net outflow has reached US$554 million.