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Layer 2 network Blast announced that it will cease operations due to the ongoing maintenance costs of the network exceeding the revenue generated by L2. The team believes there is no credible path to achieve economic sustainability.Blast advises all users to withdraw on-chain assets and balances in the Blast PWA to the Ethereum mainnet and plans to shorten the withdrawal waiting time to 24 hours. However, the team will first process the withdrawal of Lido assets held by Blast, which is expected to take about a week, during which the withdrawal function will be temporarily unavailable.Users can complete withdrawals through the regular Blast interface before October 26. After that, assets can still be withdrawn, but it will require direct interaction with the Blast Bridge contract on Ethereum L1. The team will announce specific operational instructions before the deadline.

The Chief Information Security Officer of Slow Fog Security, 23pds, stated that Alex Shevchenko, the General Manager of NEAR Intents, indicated that the exploiters of the NEAR Intents vulnerability transferred 1 BNB to the recovery wallet and left a message expressing willingness to cooperate and requested the other party to provide a Signal contact.This transfer came from the same address that previously moved approximately 3.8 million USD. About an hour ago, that address also transferred 0.295 ETH on the Ethereum network and sent the same message.

TRON DeFi Summer announces the latest arrangements for S3: the event will officially launch on October 4 at 08:00 (SGT) and will last for 60 days, with a total prize pool of 2 million USD, including a TRX pool of 1 million USD, a USDD pool of 600,000 USD, a JST pool of 300,000 USD, and a SUN pool of 100,000 USD.Users can enter JustLend DAO through Binance Wallet DeFi to participate in the Boosted APR incentives. Users who participated in S2 do not need to reapply; simply maintaining their holdings will automatically extend their eligibility for S3 rewards. New users can prepare their assets in advance to join as soon as it opens. More S3 gameplay will be announced soon.

The Ronin Waypoint wallet will soon cease operations, and users must complete asset transfers before the final migration deadline on October 16, or assets left in the Waypoint wallet may become inaccessible. This migration primarily involves users utilizing social logins, keyless wallets, or MPC wallets.Users can choose to migrate their assets to a Ronin Stash that supports email or social login, or they can transfer them to a Ronin Wallet protected by a mnemonic phrase. Users who only use mnemonic phrase wallets are not affected by this migration. Additionally, bAXS and Badges need to be handled separately through the official Axie migration page, and this operation can only be completed once.The official reminder for users is to confirm that the target wallet has received the assets after migration and to check if there are any missing assets in the Waypoint wallet.

German government bonds have become the primary safe-haven asset in the global bond sell-off due to concerns over overheating in the U.S. economy and the fiscal situation in other parts of Europe. This week, the yield on 10-year German bonds fell by 0.2 percentage points, while yields in countries like the United States and France rose by 0.05 and 0.22 percentage points, respectively.

According to Gate market data, some U.S. storage chip stocks fell before the market opened, with Seagate Technology down 11.4% and Western Digital down 7.1%.

Aave founder Stani Kulechov expressed disappointment on the X platform regarding the responses from the European Central Bank (ECB) and the European Banking Authority (EBA) to the MiCA consultation. He stated that both institutions not only advocate for banning stablecoin payment yields but also propose restrictions on crypto asset service providers (CASP) offering users access to DeFi, including services involving non-MiCA authorized stablecoin yield protocols.Kulechov indicated that the relevant opinions also involve restricting DeFi services to specific user groups through "suitability tests" and potentially establishing a certification system for DeFi lending protocols. He believes that if regulators decide which protocols are suitable for European users, it could lead to more closed ecosystems, weakening the liquidity and network effects of open DeFi, and limiting opportunities for European users to participate in on-chain finance.

According to The Defiant, SMBC Nikko Securities announced on October 2 that it has signed a memorandum of cooperation to develop a decentralized finance (DeFi) platform called "DeFi Gateway" aimed at Japanese investors.Participants include blockchain development company Nethermind, Uniswap Labs, the general incorporated association Nyx Foundation, and Coinbase Technologies, which operates the Ethereum Layer 2 network Base. The project will develop a liquidity provision protocol and proprietary liquidity pool, complying with Japanese laws and regulations, with plans to complete development by mid-2027.The cooperation mainly focuses on three areas of development: first, creating a "proxy vault" with verifiable and reproducible AI and an intuitive user interface; second, utilizing Uniswap v4's Hooks feature to build a compliant liquidity pool public framework that incorporates anti-money laundering and counter-terrorism financing (AML/CFT) and investor protection mechanisms; third, developing asset management strategies covering digital assets such as stablecoins and real-world assets (RWA).The project is jointly led by SMBC Nikko Securities and Nethermind. SMBC Nikko Securities leads communication with regulatory agencies and provides compliance, risk modeling, and portfolio management expertise; Nethermind is responsible for technical design and development, including AI strategy and integration, smart contract security, as well as automated market making and Uniswap v4 Hooks strategies.

According to official news, TRON has officially released the GreatVoyage-v4.8.2.3 (Anaxagoras) version.The new version focuses on improving the smart contract storage access mechanism, enhancing the performance of BN128 pairing operations, and optimizing the parsing process of JSON data generated by nodes, further enhancing node operational efficiency and stability.This version is a mandatory upgrade, and TRON reminds node operators to complete the update as soon as possible to avoid affecting block synchronization. After the upgrade is completed, relevant nodes can promptly report their deployment status so that the community can continuously track the overall network upgrade progress.For specific version changes, GPG signature verification, and deployment methods, please refer to the official version release notes and upgrade deployment documentation.

On-chain data analysis firm Bitquery linked the approximately $459,000 asset theft incident involving Tradewiz to a wallet that completed 27 transactions through the trading bot previously. Investigation statistics show that the incident affected 20,933 wallets, with losses involving SOL, tokens, and deposits recovered after closing token accounts; the valuation is based on a SOL price of $120.Bitquery discovered that major fund transfers began 41 minutes after Tradewiz's trading activity stopped; about 73% of the SOL in this round of transfers was moved afterward. Tradewiz stated that the incident involved the private key leak of the SOL PVP export function and promised to compensate users for their losses; subsequent updates indicated that the first batch of refunds had been issued, and claims need to be verified. Tradewiz also suspended EVM services for security checks and stated that the police are assisting in tracking the assets and have contacted exchanges for identity and account verification information.Bitquery traced some of the early funds coming from MEXC withdrawals, later shifting to Kucoin deposit addresses; these connections do not indicate that the two exchanges participated in the theft.

According to on-chain analyst Yu Jin's monitoring, a certain whale/institution recently liquidated its long-term investment in DeFi tokens, incurring a loss of 9.61 million dollars. Ten days ago, it liquidated 37.26 million CRV that it had held for 3 years, realizing a loss of 5.97 million dollars.Three hours ago, it transferred 4.01 million PENDLE that it had held for 1 year to OKX, with an unrealized loss of 3.64 million dollars.

Federal Reserve Governor Bowman stated that implementing a Federal Reserve capital plan linked to U.S. Treasury bonds has many benefits.

Federal Reserve Vice Chairman Jefferson stated that the interest rate hike in September will help stabilize inflation expectations.

Insiders reveal that Anthropic plans to conduct a massive IPO before the Thanksgiving holiday, with IPO marketing potentially starting as early as the week of November 9.

Variant Fund investment partner Alana Levin stated in her market thoughts for Q4 2026 that the bottom of the crypto market likely occurred at some point in July. She wrote in early July that the bottom seemed close, with Bitcoin at $59,000, Ethereum at $1,600, and ZEC at $420. She mentioned that the question has shifted to whether the bull market is genuinely starting or if it's a false rally, and which projects will benefit the most in the early bull market, assuming the market is in the early stages of a new crypto bull market.Levin indicated that the increasingly formed consensus is that marginal funds are most likely to flow into value storage protocols as currency and protocols that can generate income. She believes Bitcoin is the dominant asset for digital value storage currently, while other competing assets may be valued based on their market capitalization relative to Bitcoin's market cap and its changes. For income-generating protocols, she expects investors to examine whether the income comes from crypto-native activities (like Pump) or traditional financial activities (like Hyperliquid), whether it persists during market downturns, and profit margins; projects with exposure to real-world assets and stablecoin growth, which are expected to attract institutional users and are still led by founders after surviving a bear market, are more likely to achieve higher multiples.She also categorized on-chain projects that can benchmark against non-crypto businesses as a third category, believing that most belong to narrative trading rather than long-term investment. Themes include routing, reasoning, computing power, data collection, and interface-related directions in artificial intelligence, and she is skeptical about whether most scenarios require blockchain; if such projects significantly outperform, she would view it as a signal of nearing the top.

For the week ending September 19, the number of continuing claims for unemployment benefits in the United States was 1.701 million, lower than the expected 1.725 million, and the previous value was revised from 1.719 million to 1.712 million.

TRON DeFi Summer announces the conclusion of S2, with S3 officially starting on October 4 at 08:00 (SGT), bringing a continuous 60-day Boosted APR incentive and a total prize pool of 2 million USD. The four major assets TRX, USDD, JST, and SUN will continue to participate.Users can enter JustLend DAO through Binance Wallet DeFi to explore on-chain yield opportunities. Users who have participated in S2 do not need to reapply; they can seamlessly participate in S3 and continue to qualify for rewards by maintaining their current holdings. Users who have not yet participated can prepare their assets in advance and join as soon as the event starts. More S3 gameplay will be announced soon, and the next chapter of the yield journey continues without interruption.

The core provisions of the regulatory framework for payment stablecoins in Florida, USA, will take effect on October 1, 2026.According to the state's Bill 2026 Chapter 176, engaging in the business of qualified payment stablecoin issuers in the state generally requires a license or must meet exemption conditions; qualified issuers must maintain at least a 1:1 identifiable reserve, which includes cash, funds in Federal Reserve accounts, qualified bank deposits, U.S. Treasury securities with a remaining maturity of no more than 93 days, and qualified government money market funds, among others. They must also publicly disclose redemption policies, disclose reserve composition monthly, accept monthly audits by certified public accountants, and be certified by the CEO and CFO.If the total issuance of payment stablecoins by state-level issuers reaches $10 billion, unless a federal exemption is obtained, they must transition to the corresponding federal regulatory framework within 360 days or suspend new issuances until the scale falls below the threshold.