[Aave founder says adding burns to AAVE buyback program is under review]

Aave founder Stani Kulechov said on X that Aave is considering a program that would add burns to its buyback plan as part of a Tokenomics 3.0 update. Aave has operated a program since last year to buy back AAVE tokens using part of protocol revenue, but burns were not included.

The AAVE buyback program has been temporarily suspended since April 19, 2026, according to the source. AAVE was trading at $149.08, down 2.76%, according to CoinMarketCap.
https://coinness.com/en/news/1170118

[BTC falls below $83,000]

According to CoinNess market monitoring, BTC has fallen below $83,000. BTC is trading at $82,999 on the Binance USDT market.
https://coinness.com/en/news/1170119

[Spark allocates $210M to BTC-backed institutional lending]

Bitcoin layer-two payments protocol Spark has allocated a total of $210 million to BTC-backed institutional lending in partnership with Anchorage Digital.

Institutions can borrow USDC while keeping pledged collateral with a custodian. Spark provides the loan capital, while Anchorage Digital manages collateral through Atlas, a secure automated network that provides 24/7 margin monitoring, settlement and tri-party services within a regulatory framework.
https://coinness.com/en/news/1170120

[WLFI vote passes on rewards for governance participation]

A proposal to launch a WLFI governance participation incentive program at World Liberty Financial, the Trump family’s DeFi project, has passed. Under the proposal, holders of unlocked WLFI tokens will be eligible for rewards only if they lock up their tokens for at least 180 days and directly take part in at least one governance vote every 90 days. Delegated voting does not count toward the participation requirement. The program is set to take effect before Oct. 1. WLFI is currently trading at $0.05609.
https://coinness.com/en/news/1170121

[Strategy moves 3,568 BTC to external address, Lookonchain says]

Strategy transferred 3,568 BTC worth about $297 million to an external address over the past nine hours, Lookonchain reported. Lookonchain added, "마이클 세일러의 Strategy가 BTC를 다시 매도하는 것인지, 아니면 새 지갑으로 자금을 옮기는 것인지 확실하진 않다".
https://coinness.com/en/news/1170122

[Near Intents blocks over $50M in transfers tied to Bitget hack]

Near Intents, a cross-chain intent protocol built on NEAR, blocked an attempted transfer of more than $50 million linked to the Bitget hack, Cointelegraph reported.

According to Near Intents head Alex Shevchenko, a significant share of the stolen funds moved to the Ethereum network through multiple blockchains. During that process, Near Intents detected and blocked transfers worth about $50 million through its in-house security system, Shield. The blocked funds were later found to have moved to other service providers.
https://coinness.com/en/news/1170123
See more: https://coinness.com/news/1170019

[Kakao unveils plan for KRW stablecoin for everyday use]

Kakao Group has unveiled a business plan to establish a won-denominated stablecoin as part of everyday financial infrastructure and proposed forming a consortium with domestic and overseas financial institutions and companies to jointly design the ecosystem, Yonhap News Agency reported.

At the opening keynote of the Next Finance Korea event held on Sept. 28 in Seoul’s Gangnam district, KakaoBank CEO Yoon Ho-young, who also serves as co-head of Kakao Group’s stablecoin task force, identified three key priorities for digital financial transformation: expanding distribution of won-denominated stablecoins, building digital-asset-based payment and settlement infrastructure, and creating a sustainable ecosystem through corporate collaboration.

Son Kyung-hee, senior vice president in charge of KakaoPay’s digital asset group, said the goal of Kakao Group’s digital asset business is to make won-denominated stablecoins easy to use in everyday services people use daily.
https://coinness.com/en/news/1170124
See more: https://www.yna.co.kr/view/AKR20260929060600017?input=1195m

[Han Dong-hoon urges immediate crypto tax delay, warns of investor flight]

Independent lawmaker Han Dong-hoon said crypto taxation should be delayed immediately, arguing a failure to act could drive South Korean investors out of domestic channels and into areas beyond the reach of tax authorities.

In a Facebook post titled "가상자산 과세 유예, 즉시 해야" at 12:45 a.m. UTC today, Han said the Democratic Party government under President Lee Jae-myung still does not appear to grasp the seriousness of crypto taxation. Han said 2027 is only three months away and a decision on a delay should be made quickly.

Han said Binance and Bybit, which are widely used by South Korean investors, are based in the United Arab Emirates, while Gate is based in the Cayman Islands and Bitget in Seychelles. Under the Crypto-Asset Reporting Framework, or CARF, the United Arab Emirates and Seychelles would only be able to conduct their first information exchange in 2028, Han said. Han added South Korean investors could leave domestic platforms over the remaining three months and move into decentralized spaces beyond the reach of tax authorities.

He said delaying taxation by at least two years would allow authorities to collect transaction data generated on overseas exchanges through CARF, while also creating more time to address second-phase virtual asset legislation. Han added that disclosing detailed crypto tax measures at year-end could trigger public backlash similar to the response to a housing tax overhaul proposal.
https://coinness.com/en/news/1170125

[NEAR co-founder warns crypto could be pushed out without mature self-policing]

Illia Polosukhin, co-founder of NEAR Protocol, warned the crypto industry could be pushed out of the mainstream market by indiscriminate regulation if it fails to address crime on its own and build a more mature ecosystem.

Polosukhin said it is inaccurate to claim developers of decentralized systems can do nothing to prevent crime. Banks use AI for fraud detection, Polosukhin said, but rely on centralized structures and know-your-customer checks, while KYC also fails to solve practical problems. Polosukhin added the crypto industry can use better data and talent to build systems that effectively curb criminal activity without KYC while preserving freedom for ordinary users. Polosukhin also said industry-wide cooperation could eradicate criminal activity in the crypto ecosystem, adding decentralization does not mean disorder.
https://coinness.com/en/news/1170126

[Early Ethereum investor sells $2.7M in ETH]

An early Ethereum investor who bought 3,000 ETH eight years ago at $18.8 per token sold another 1,000 ETH worth $2.68 million today, according to Lookonchain. The investor still holds 1,000 ETH valued at $2.67 million.
https://coinness.com/en/news/1170127

[Stablecoin card payments hit record weekly $189M, Crypto Briefing says]

Weekly card payment volume using stablecoins topped $189 million two weeks ago, setting a record high, according to Crypto Briefing.

Stablecoin card payment volume has risen steadily this year. Based on July data, USDC and USDT accounted for about 84% of total stablecoin card spending, with USDC at 58% and USDT at about 26%. The average payment size was about $86, and most transactions were processed through Visa.

By card issuer, RedotPay led with about $395 million in monthly payment volume, followed by Ether.fi (ETHFI) and KAST. The three providers accounted for about 77% of total card transaction volume covered in the tally. Separately, RedotPay halted all new card issuance for users in South Korea in September.
https://coinness.com/en/news/1170128

[Strategy BTC transfer was internal Fidelity Custody move, not a sale]

Strategy’s transfer of 3,568 BTC, worth about $297 million, over the past nine hours was a routine internal fund movement within Fidelity Custody rather than a sale, Arkham analyst Emmett Gallic said.

Gallic added that Fidelity treats all client BTC holdings as fungible assets and moves funds as needed, and said the addresses had already been labeled on Arkham as Fidelity-owned addresses.
https://coinness.com/en/news/1170129

[Older South Koreans check crypto apps most often as 95% keep assets on local exchanges]

More than nine in 10 South Korean digital-asset investors keep their holdings on domestic exchanges, highlighting heavy reliance on exchange custody, The Herald Business reported, citing a survey by the Korea Financial Consumer Foundation.

The survey, conducted among 2,500 adults ages 19 to 69 living in Seoul, Gyeonggi Province and South Korea’s six largest metropolitan cities, showed exchange use was especially frequent among middle-aged and older investors. Among respondents who said they check exchanges at least twice a day, people in their 60s accounted for the highest share at 24.8%, followed by those in their 50s at 22.1%. That compared with 12% for respondents in their 20s and 13.6% for those in their 30s.

Reliance on exchanges was even more pronounced in asset storage, with 94.8% of investors saying they currently keep their assets on South Korean exchanges.
https://coinness.com/en/news/1170130
See more: https://n.news.naver.com/mnews/article/016/0002703048?sid=101

[Relay says 5,600 users hit by API flaw, plans full reimbursement]

Cross-chain protocol Relay said about 5,600 users were affected by sandwich attacks caused by an API security vulnerability. The incident occurred after pending order information was exposed externally before trades were executed, allowing MEV searchers to exploit the data and transaction route status to carry out the attacks.

Relay said the attackers generated about $136,000 in profit. The protocol also said it paid a $50,000 bounty to security team Outputlayer for identifying and reporting the vulnerability, and plans to fully reimburse affected users a total of about $312,000.
https://coinness.com/en/news/1170131

[ZEC whale withdraws 8,605 ZEC from three exchanges]

An anonymous whale has withdrawn a total of 8,605 ZEC from three exchanges since yesterday evening, Arkham reported. Six addresses linked to the whale hold a combined 65,158 ZEC, worth about $91.13 million.
https://coinness.com/en/news/1170132

[24-hour crypto futures liquidations]

The following shows estimated liquidation volumes and position ratios for major crypto perpetual futures over the past 24 hours:
- BTC: $104.16 million liquidated (74.52% longs)
- ETH: $70.31 million liquidated (63.62% longs)
- ZEC: $36.13 million liquidated (94.55% longs)
https://coinness.com/en/news/1170133

[Bithumb places CAMP on delisting watchlist]

Bithumb announced the designation of CAMP for its delisting watchlist.
https://coinness.com/en/news/1170134

[Bitget hacker’s laundering attempt via Chainflip is blocked]

A hacker that attacked exchange Bitget’s hot wallet tried to launder stolen funds through cross-chain swap protocol Chainflip, but the attempt was blocked. According to on-chain tracking data, the deposit was immediately rejected at the Chainflip broker level. Chainflip did not directly freeze the stolen funds, but it refunded them to the original wallet after rejecting the deposit, thwarting the hacker’s attempt to move the assets.
https://coinness.com/en/news/1170135

[BlockTower founder alleges Coinbase concealed over $1B in hacking losses]

Ari Paul, founder of blockchain investment firm BlockTower Capital, said on X today that Coinbase concealed past hacking losses worth hundreds of millions of dollars and did not return client funds.

Paul said Coinbase had written off $25 million of BlockTower’s funds several years ago, but an investigation later led Paul to conclude the move was intended to cover up repeated large-scale hacking incidents. Paul added that tracing efforts identified at least 12 affected companies and that the total concealed losses exceeded $1 billion. Paul also said multiple legal cases are currently underway and that Paul could not disclose further details.
https://coinness.com/en/news/1170136

[Spain exempts self-custodied crypto from foreign asset reporting]

Spanish authorities officially announced an exemption from foreign asset reporting requirements for virtual assets held in self-custody wallets. They also said virtual assets held through overseas custodians must be reported under Form 721 only when total holdings exceed €50,000 ($53,000). In addition, assets bought and fully sold within the same year on overseas exchanges are excluded from the reporting requirement.
https://coinness.com/en/news/1170137

[Analyst says recent BTC drop is a temporary pullback, not a trend reversal]

HTX chief analyst Cloud said the recent drop in Bitcoin prices looks more like a normal correction after a rebound than a trend reversal.

Cloud said elevated U.S. Treasury yields are mainly a factor weighing on valuations, while their impact on overall liquidity remains limited, adding the funding structure and holding costs of the crypto market itself have not been impaired. Cloud said the latest decline appears closer to a temporary round of position unwinding ahead of key economic data releases.

Cloud also said the decoupling, or divergence, between Bitcoin and altcoins warrants caution. As marginal liquidity shrinks, capital tends to concentrate in the most established leading asset, Bitcoin, while altcoins face a lack of additional inflows to support them and are more vulnerable to sharper declines because of their higher leverage. Cloud expects that decoupling to persist until this week’s personal consumption expenditures data and nonfarm payrolls report are released.
https://coinness.com/en/news/1170138