[EIP-8363 ETH issuance proposal withdrawn from Hegotá upgrade consideration]

Proposers of EIP-8363 have withdrawn the Ethereum issuance policy change from consideration for the Hegotá upgrade, The Block reported. The proposal centers on removing additional incentives for staking participation above 50% of ETH’s total supply. The proposers said Ethereum’s issuance policy should be discussed through a separate process rather than as part of a network upgrade.
https://coinness.com/en/news/1170501

[Evernorth wins shareholder approval for SPAC merger, targets Nasdaq debut on Oct. 8]

Evernorth Holdings, a company pursuing a strategic XRP accumulation plan, said shareholders approved its SPAC merger with Armada Acquisition II. If the remaining conditions are satisfied or waived, the companies plan to complete the merger on Oct. 7 and begin trading the combined company’s shares on Nasdaq under the ticker XRPN on Oct. 8.

The merger is expected to raise about $300 million in cash, including $225 million in private investment, $30 million in additional convertible note financing, and about $48 million held in trust. Investors also contributed XRP in kind, and Evernorth’s XRP holdings are expected to reach about 473 million XRP once the merger closes.
https://coinness.com/en/news/1170502

[NEAR fallen 3.54% in the past 5 minutes]

NEAR has fallen by 3.54% in the past five minutes on the COINNESS market. Currently, NEAR is trading at $4.91.
https://coinness.com/en/news/1170503

[Crypto.com AI agent platform remains in stealth mode 8 months after Super Bowl ad]

Crypto.com said its AI agent platform remains in stealth mode, with no formal launch timeline or other specific details disclosed so far, Cointelegraph reported. The company ran a $15 million Super Bowl ad about eight months ago to promote the platform, and the related website went down at the time as users rushed in.
https://coinness.com/en/news/1170504

[Robinhood Wallet integrates Arcus API to expand stock token trading]

Robinhood Wallet has integrated the API of decentralized exchange Arcus, allowing users to route spot stock token orders through Arcus from within the wallet, The Block reported. Arcus, built by the dYdX development team, launched on Robinhood Chain in July with more than 90 stock tokens and has since expanded support to more than 190.
https://coinness.com/en/news/1170505

[Near Intents says hack caused $3.8M in losses]

Near Intents, a cross-chain intent protocol based on NEAR, said a hack caused about $3.8 million in losses.

The protocol said the incident stemmed from a bug in interactions between its omni deposit and withdrawal infrastructure and the Near Intents smart contract, and added the related vulnerability has been patched. Near Intents said it plans to fully compensate the losses. Services are expected to resume in about one hour, while deposits and withdrawals on some networks, including BSC, Polygon, TON, Optimism and Avalanche, will remain suspended for an additional 12 hours. The protocol said it has reported the incident to investigative authorities and is tracing and seeking to recover the stolen funds.
https://coinness.com/en/news/1170506

[US stocks open higher]

The three major U.S. stock indices opened higher today.
- S&P 500: +0.13%
- Nasdaq: +0.32%
- Dow Jones: +0.17%
https://coinness.com/en/news/1170507

[Sui, OpenAssets join development of OTAS tokenized asset standard]

Sui said it is working with OpenAssets, a tokenized real-world asset infrastructure provider, on the Open Tokenized Asset Standard (OTAS) under Linux Foundation Decentralized Trust, and plans to expand its use across the Sui ecosystem.

OTAS is an open-source standard designed to standardize how tokenized assets express identity, compliance rules and audit history so they can be represented, verified and settled across different financial systems. The goal is to make tokenized assets such as securities, funds and commodities easier to move and trade between institutions and networks without mandating any specific blockchain or technology stack. The Sui Foundation said it was one of OTAS's initial sponsors and took part from the standard's design stage.
https://coinness.com/en/news/1170508

[Latin America stablecoin market faces concentration risk in liquidity supply]

Latin America’s stablecoin ecosystem shows potential vulnerability because it relies on a small number of liquidity providers, according to a report by Veris Capital and Verda Ventures cited by Cointelegraph.

The report said only 16 of the 494 companies surveyed focused on stablecoin-to-fiat wholesale liquidity, corporate treasury services, and credit provision. It added that if key providers lose access to banking services, local currency conversion costs could rise and withdrawals could be delayed or suspended. At the same time, the report said it did not obtain trading volume or market share data showing the actual degree of liquidity concentration.
https://coinness.com/en/news/1170509

[EU probes in-game currency sales practices, excludes cryptocurrency]

European Union consumer authorities have launched an investigation into in-game paid currency sales practices, while excluding alternative payment methods such as cryptocurrency that use cryptographic technology, Decrypt reported. The authorities are investigating 10 game companies, including Activision Blizzard, Riot Games, Supercell and Ubisoft.
https://coinness.com/en/news/1170510

[Drift opens DFX claims for victims of April hack]

The Drift Foundation has begun claim and redemption procedures for DFX recovery tokens for victims of a security incident in April, according to Crypto Briefing. Losses from the hack were estimated at about $295.4 million.

Victims can claim 1 DFX for each 1 USDT in verified losses, based on oracle prices at the time of the incident. DFX is a transferable token issued under Solana’s SPL standard and is separate from DRIFT, the protocol’s existing governance token. The claim deadline is Jan. 1, 2028, after which any unclaimed DFX will be burned.
https://coinness.com/en/news/1170511

[World Liberty Financial to launch $1.25M USD1 reward pool for WLFI staking]

World Liberty Financial said on X it will launch a 1.25 million USD1 ($1.25 million) WLFI staking reward pool following a community vote. The initial 1.25 million USD1 will be deposited into the reward pool on Oct. 2 and distributed over 180 days. Users must stake WLFI for at least 180 days and participate directly in governance voting at least once every 90 days.
https://coinness.com/en/news/1170512

[U.S. court dismisses ME token class action against Magic Eden operator]

A U.S. court has dismissed a class action over the ME token against Magic Eden operator Euclid Labs and co-founder Zhuoxun Yin. The court said the wallet terms of service signed by users contained a valid class action waiver, stripping federal court jurisdiction over the case under the Class Action Fairness Act, and added it also lacked personal jurisdiction over Yin. The ruling applies only at the pleading stage.

Plaintiffs had previously argued that the Magic Eden platform advertised the ME token as including cross-chain and buyback features, but later turned into a gambling platform, sending the token down more than 98%.
https://coinness.com/en/news/1170513

[HPC urges EU to classify perpetual futures as derivatives under MiFID II]

The Hyperliquid Policy Center urged European regulators to classify perpetual futures contracts as derivatives subject to the Markets in Financial Instruments Directive II, arguing regulation should be determined by a product’s characteristics rather than the underlying blockchain technology, according to CoinGape.
https://coinness.com/en/news/1170514

[Nasdaq-listed Tron holds $238M in TRX after 252-day buying streak]

Justin Sun, founder of Tron (TRX), said Nasdaq-listed Tron (ticker: TRON), a company accumulating TRX, has bought the token for 252 consecutive days, bringing its holdings to 716 million TRX, or about $238 million.
https://coinness.com/en/news/1170515

[U.S. Treasury allows conditional state stablecoin filings before rules are finalized]

The U.S. Treasury will allow states to submit conditional certificates to meet the initial application deadline even if state-level stablecoin rules are not yet fully in place, CryptoSlate reported. That means states that still need additional legislation or regulatory changes can still begin the certification process, although actual review will start only after complete application materials are submitted.

A conditional filing does not count as the start of the 30-day review and decision period. The rule took effect on Sept. 30, according to CryptoSlate, but applications will not be accepted until the information-collection approval process under the Paperwork Reduction Act is completed.
https://coinness.com/en/news/1170516

[Litecoin Foundation signs MOU with Graywick Digital]

The Litecoin Foundation has signed a memorandum of understanding with Graywick Digital to bring LTC to the Canton Network, CoinDesk reported. The two sides plan to pursue an integration that would allow Litecoin to be used as cLTC on the Canton Network.
https://coinness.com/en/news/1170517

[Cathie Wood says Fed Chair Kevin Warsh would be bullish for BTC, keeps $1M target]

ARK Invest CEO Cathie Wood said Kevin Warsh taking office as chair of the U.S. Federal Reserve would be a major positive for Bitcoin and that Wood still sees BTC reaching $1 million, according to The Bitcoin Historian.
https://coinness.com/en/news/1170518

[Near Intents attacker address interacted with wallet linked to Lazarus Group]

An attacker address tied to the $3.8 million hack of NEAR-based cross-chain intent protocol Near Intents showed signs of interacting with an address linked to North Korea’s Lazarus Group, PeckShield reported. The attacker was found to have transferred the stolen funds to KuCoin before bridging them into Bitcoin, while the address also had a record of interacting with a wallet labeled as tied to Lazarus Group that begins with 0x098B7.
https://coinness.com/en/news/1170519

[Doctor Profit warns of overheated altcoin market, sees BTC correction to $79K]

Crypto analyst Doctor Profit said on X that excessive leverage in the altcoin market and a surge in trading volume prompted the analyst to close most open positions and prepare for a possible correction. Doctor Profit added that the analyst entered a short position on BTC at $86,200 and set additional short orders in the $86,500-$89,500 range, while maintaining a downside target of $79,000.
https://coinness.com/en/news/1170520

[Doctor Profit warns of overheated altcoin market, sees BTC correction to $79K]

Crypto analyst Doctor Profit said on X that leverage in the altcoin market had expanded to an excessive level and trading volume had also surged, prompting Doctor Profit to close most existing positions and prepare for a possible correction. Doctor Profit added that a short position was opened at $86,200 in BTC, with additional short orders set in the $86,500-$89,500 range, while the correction target remains $79,000.
https://coinness.com/en/news/1170521