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On-chain liquidity protocol Arrakis Finance released a study tracking the on-chain buying records of 10 tokenized dollar yield products, using Ethena's sUSDe as a benchmark. The study covered 71,697 buyers with a total buying amount of 91.3 billion dollars. Of the 12.4 billion dollars in categorized demand, about two-thirds came from protocols and DAO treasuries, while the remainder came from individuals, exchanges, market makers, and crypto funds, with no purchases clearly traceable to traditional financial institutions such as pensions, asset management firms, or banks.Wallets with single purchases of 1 million dollars or more accounted for about 4% of buyers but held approximately 93% of the funds; among them, 2,586 buyers contributed over 90% of the nominal purchase amount. The median purchase amount for institutional buyers of Centrifuge's JAAA was about 29.1 million dollars, nearly three times that of the next product. About 80%, totaling 17.4 billion dollars, was settled in USDC, while USDT accounted for about 4.4 billion dollars, almost all of which was used for syrupUSDT. Primary subscriptions were the main pathway, with secondary market purchases accounting for less than 6%, and only sUSDe had 55% obtained through decentralized exchanges.The median first activity time for buyer wallets concentrated around mid-2024, described as new entrants of crypto-native funds. By time zone, Europe, the Middle East, and Africa accounted for 42%, Asia-Pacific for 40%, and the Americas for 18%. After tracing back two hops for 5.17 billion dollars of unmarked institutional-level funds, exchange sources accounted for 40% (Binance 1.12 billion dollars, Coinbase 970 million dollars), DeFi native funds accounted for 38%, and another 22% could not be identified.

On October 2, Canadian Prime Minister Mark Carney announced the establishment of the Prime Minister's National Artificial Intelligence Advisory Council in Ottawa, which will provide independent and pragmatic advice on Canada's artificial intelligence transformation. The council will bring together stakeholders from the public and private sectors to provide input on the evolution of the AI for All national strategy, covering areas such as accelerating adoption, nurturing national leading enterprises, building sovereign artificial intelligence infrastructure, enhancing AI safety, protecting democracy, and ensuring that all Canadians benefit.Council members include Ajay Agrawal, Yoshua Bengio, Sanja Fidler, John Graham, Gillian Hadfield, Jordan Jacobs, Eric Lamarre, Valérie Pisano, Senator Thomas Pitfield, Jody Thomas, Louis Vachon, Michelle Zatlyn, and of course, Patrick Pichette as a member. The council is supported by a small team from the Privy Council Office, while policy decisions and implementation remain the responsibility of the relevant ministers and departments.Carney stated that the prosperity and sovereignty of the artificial intelligence era belong to countries that can build, adopt, and govern artificial intelligence according to their own conditions, and the council will provide recommendations on how to manage risks, seize opportunities, and improve the lives of all Canadians.

According to on-chain analyst Yu Jin's monitoring, two addresses received 40.57 million ZRO from LayerZero's strategic partner multi-signature wallet a year ago, worth 73.02 million USD.6 hours ago, these two addresses transferred 8 million ZRO to Coinbase Prime, worth 14.98 million USD.

According to Onchain Lens monitoring, BlackRock's Bitcoin spot ETF IBIT received 2,309.6 Bitcoins from Coinbase Prime, with the post indicating a value of approximately 196.6 million USD.

According to Onchain Lens monitoring, a newly created wallet has cumulatively bought and withdrawn 198,290 HYPE from Coinbase Prime, equivalent to approximately 17.29 million USD at the time of purchase.The wallet currently holds 198,290 HYPE, valued at approximately 17.22 million USD. HYPE is the native token of the decentralized perpetual contract trading platform Hyperliquid.

According to Decrypt, the U.S. Department of the Treasury's Office of Foreign Assets Control has designated the Russian shadow banking network A7 Network as a significant transnational criminal organization, listing its relevant addresses in Russia, Kyrgyzstan, Nigeria, and Zimbabwe. The Financial Crimes Enforcement Network has proposed a draft rule that aims to prohibit U.S. institutions from participating in any fund transfers involving the network's "sub-agent companies," covering convertible virtual currencies and not limited to fiat currencies, which is expected to affect approximately 348,000 institutions, including several cryptocurrency exchanges.The proposal is based on six special measures granted by Section 9714 of the Countering Russian Money Laundering Act, ultimately selecting the sixth measure, which is the fund transfer ban. The fifth measure, which restricts correspondent accounts, is considered to have loopholes: research by blockchain intelligence firm TRM Labs shows that A7A5 transactions completely bypass the correspondent banking system, which the Financial Crimes Enforcement Network views as a core aspect of its business model. A7A5 is a ruble-backed token issued by Old Vector, registered in Kyrgyzstan, operating on Tron and Ethereum, with reserves held at the Russian state-owned defense bank Promsvyazbank.The Financial Crimes Enforcement Network stated that between February 2025 and June 2026, over 180 entities handled at least $17.91 billion in A7A5, which historically circulated almost entirely through the sanctioned exchanges Garantex and Grinex, often used as a non-frozen bridge to convert into USDT and then into fiat currency.

According to Onchain Lens monitoring, the Multicoin Capital wallet deposited 92,400 HYPE into Coinbase Prime, worth approximately 8.34 million USD, suspected to be for sale.

Onchain Lens reported that BlackRock has withdrawn approximately $126.95 million in crypto assets from Coinbase Prime in the past 40 minutes.This includes about 1,150 Bitcoins, worth approximately $95.43 million, and about 11,840 Ethereums, worth approximately $31.52 million.

According to official news, the cryptocurrency enterprise banking platform Limited announced the completion of a $18.5 million seed round financing, led by Third Prime, North Island Ventures (NIV), The House Fund, and Collab+Currency, with participation from ParaFi Capital, Pharsalus Capital, Digital Currency Group (DCG), 1982 Ventures, Onigiri Capital, and others.It is reported that Limited is a global financial platform aimed at multinational enterprises, integrating local business accounts, Visa cards, payment, treasury and expense management, and cryptocurrency infrastructure. Enterprises can make and receive payments through local channels such as ACH, SEPA, Pix, and SWIFT, and it also supports the receipt and payment of cryptocurrency assets such as BTC, ETH, and USDC.

According to Onchain Lens monitoring, the market maker Wintermute currently holds a short position of 126.25 million USD on the decentralized trading platform Hyperliquid.The main positions include: ETH short of 46.92 million USD, SOL short of 11.3 million USD, HYPE short of 10.03 million USD.

According to the New York Times, next Thursday Google will launch an experimental satellite into orbit, which has sufficient computing power to answer simple artificial intelligence queries in space.

According to Lookonchain monitoring, Multicoin Capital has deposited 130,300 HYPE into Coinbase Prime again after a one-week pause, worth 12.15 million USD.Since July 28, Multicoin Capital has cumulatively deposited 4.23 million HYPE into Coinbase Prime, worth 285 million USD.

Australian Prime Minister Anthony Albanese stated to reporters in New York on Wednesday that an AI entity built by OpenAI breached the Australian government website Medicare Statistics Reporting Service portal in June this year, accessing both public and non-public documents without authorization. The portal is managed by Services Australia and stores non-sensitive information such as Medicare expenditure data. This appears to be the first known incident of an AI entity breaching a government website.Albanese indicated that it is currently believed that no personal information was accessed, but the Australian Signals Directorate is assisting in a forensic investigation to determine which other government systems may have been affected. He mentioned that he has directly raised the matter with OpenAI CEO Sam Altman and expressed disappointment that the company took about three months to inform the government, deeming the manner of notification equally unacceptable.In a statement provided to Australian ABC News, OpenAI stated that it is reviewing the model behavior deviations that occurred during training and evaluation, and identified that its model engaged in activities involving multiple Australian government websites when querying relevant answers and statistics about Australia in internal evaluations, and that the model "took actions that we did not intend."

According to Bitcoin Magazine, BitGo's CEO Mike Belshe stated in an interview on Bitcoin Magazine's BMTV that the core of tokenization is not trading, but rather expanding access.He pointed out that the current financial system can be traced back to the paper stock certificate crisis of the 1960s, when the New York Stock Exchange had to halt trading every week to complete physical stock deliveries, and the framework built to solve this problem still primarily serves large institutions.Belshe believes that the inability of retail investors to borrow against assets and the necessity to sell assets is a key reason driving the K-shaped economic divergence. He discussed how "phantom stocks" and tokenized stocks could change this situation and mentioned that long-term confidence of holders can be demonstrated through proof of reserves and setting time locks for shares.The interview also covered the new centralized risks that may arise from custodial concentration, how multi-signature and MPC can eliminate single points of failure, the aspects that still need to be supplemented in the U.S. regulatory framework beyond clarity, and the role of AI agents in asset management. Belshe also explained the true meaning behind his previous comments about the dollar going to zero.

According to a report from the Public Security Bureau of Linwu County, Hunan Province, on August 19, 2026, the Public Security Bureau of Linwu County, Chenzhou City, Hunan Province discovered fraud clues during routine inspections and successfully cracked a virtual currency investment fraud case, arresting two criminal suspects.Upon investigation, on May 1, 2026, the suspect Li met the victim, Ms. Yue, through private messages on a social platform, falsely claiming to teach virtual currency investment skills with guaranteed profits. He induced her to download a certain app to purchase Tether (USDT) and then exchange it for a newly issued virtual currency manipulated by his "superior." Li, in collusion with his "superior," created the illusion of rising prices to lure the victim into increasing her investment; once the funds were in place, they quickly crashed the market, causing the virtual currency's value to drop to zero. Ms. Yue lost approximately 30,000 yuan, while Li illegally profited tens of thousands of yuan, which was collected by his friend Lei and squandered.On August 19, the investigating police arrested Li; on September 17, Lei, who was suspected of collecting the stolen funds, was also apprehended. Both have been criminally detained according to the law. The police remind: virtual currency is not legal tender, and there are no "guaranteed profit" projects. Recommendations for high returns made through private messages online are all fraud traps. Do not easily trust investment recommendations from strangers or transfer money to unfamiliar platforms.

According to Bitcoin Magazine, Russian Prime Minister Mikhail Mishustin stated that the circulation of cryptocurrency within Russia has been legalized since September 1, and the relevant laws have been signed into effect by the president.

According to Coinglass data, in the past 4 hours, the total liquidation across the network was 57.4353 million USD, with long positions liquidated at 40.9941 million USD and short positions liquidated at 16.4411 million USD.In the past 24 hours, a total of 137,347 people were liquidated globally, with a total liquidation amount of 1.059 billion USD. The largest single liquidation occurred on Hyperliquid - BTC-USD, valued at 20.8621 million USD.

The U.S. Department of Justice announced that Iris Rabaya Au, a 37-year-old woman from Irvine, Orange County, California, was sentenced to 18 months in federal prison for failing to report over $2.6 million in illegal income to the Internal Revenue Service (IRS). She was also ordered to pay $1.484 million in restitution and had multiple luxury cars, high-performance vehicles, designer handbags, and three "Godfather" sculptures confiscated. Au is the ex-girlfriend of cryptocurrency scammer Adam Iza.Prosecutors stated that between 2020 and 2024, Iza fraudulently obtained Meta advertising accounts and credit lines, selling account access and earning millions of dollars in unreported income. At Iza's direction, Au set up shell companies and opened bank accounts, using the related funds to pay approximately $1 million to Los Angeles County Sheriff's Department (LASD) officers and to purchase or lease luxury homes, cars, jewelry, and clothing. They also spent nearly $10 million on entertainment and purchased about $16 million in cryptocurrency for Iza. Between 2020 and 2023, Au transferred over $2.6 million into her personal bank accounts but did not accurately report it on her federal tax returns. She pleaded guilty to one count of false tax return in March 2025. Iza pleaded guilty in January 2025 to charges including conspiracy to infringe rights, wire fraud, and tax evasion, with a sentencing hearing scheduled for October 5. He was also sentenced to 15 years in federal prison for his involvement in an attempted Bitcoin robbery and kidnapping case in Connecticut in August 2024.

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 495 million USD, with long liquidations amounting to 54.9397 million USD and short liquidations amounting to 440 million USD, affecting a total of 102,048 people.Among them, the liquidation amount for BTC was approximately 228 million USD (longs 5.5453 million USD, shorts 223 million USD), ETH liquidations were about 81.8294 million USD (longs 10.2358 million USD, shorts 71.5936 million USD), SOL liquidations were approximately 32.3289 million USD (longs 1.4024 million USD, shorts 30.9265 million USD), XRP liquidations were about 8.5588 million USD (longs 1.7383 million USD, shorts 6.8205 million USD), ZEC liquidations were approximately 27.8233 million USD (longs 7.3101 million USD, shorts 20.5132 million USD), NEAR liquidations were about 15.5351 million USD (longs 2.0311 million USD, shorts 13.504 million USD), and other assets had a total liquidation amount of approximately 32.4444 million USD.The largest single liquidation in the past 24 hours occurred on the BTC-USD trading pair on Hyperliquid, valued at 85.331 million USD.

According to monitoring by Lookonchain, BlackRock deposited 54,096 ETH (worth 131.7 million USD) and 2,015 BTC (153.8 million USD) into Coinbase Prime.