[Bitcoin may rise faster after clearing $85K sell wall: Glassnode]

Bitcoin buying pressure absorbed sell-side liquidity clustered around $85,000 on Sept. 30, Glassnode said on X. Glassnode said BTC had repeatedly tried and failed over the past week to absorb sell orders at that level, but the supply now appears to have been exhausted, with remaining sell orders likely withdrawn. With less sell-side liquidity above the current price, BTC could climb faster than before, according to the analysis.
https://coinness.com/en/news/1170556

[Upbit Indonesia access was restricted for nearly two months, NewsPim reports]

Upbit’s Indonesian exchange faced restrictions on website and app access inside Indonesia for nearly two months starting in mid-May under measures taken by local authorities, NewsPim reported.

Upbit Indonesia’s web and app services were restricted for users in Indonesia in May following action by local authorities. Dunamu said Upbit Indonesia did not suspend services on its own and that access was restricted under measures by local authorities. Indonesia’s Financial Services Authority, or OJK, is said to have required Upbit entities in South Korea, Thailand and Singapore to separate their digital infrastructure during a follow-up audit.
https://coinness.com/en/news/1170557
See more: https://www.newspim.com/news/view/20261002000197

[Coinbase says BTC profit-taking hit yearly high as spot and futures demand cooled]

Bitcoin profit-taking rose to its highest daily level this year, while spot and futures demand slowed, according to an X post from Coinbase Markets. On Sept. 22, coin holders realized profits on 25,700 BTC, the largest daily amount so far this year, the post said. Unrealized profit margins for short-term traders also reached 33%, the highest level since December 2024.

Over the past 30 days, apparent spot demand for BTC fell by 170,000 BTC, while growth in speculative futures demand slowed to 16,000 BTC on Sept. 29 from 164,000 BTC on Sept. 14, Coinbase said.
https://coinness.com/en/news/1170558

[Institution-linked wallet sells long-held CRV and PENDLE at $9.61M loss]

An anonymous wallet believed to be linked to an institution sold 37.26 million CRV held for three years 10 days ago at $0.35, below its average purchase price of $0.51, booking a $5.97 million loss, according to on-chain analyst EmberCN.

EmberCN said the wallet also deposited 4.01 million PENDLE held for one year to OKX three hours ago and sold the tokens at $2.38, below an average purchase price of $3.29, for an additional $3.64 million loss.
https://coinness.com/en/news/1170559

[Hong Kong SFC flags FNXAI and 1FNXAI as suspicious investment products]

Hong Kong’s Securities and Futures Commission has designated FNXAI and 1FNXAI as suspicious investment products.

According to the SFC, the two tokens are being promoted as products that seek steady returns by automatically trading financial instruments, including U.S. stocks, through an AI-based platform, and are also linked to crypto staking. The SFC said products on its suspicious list may be financial products that have not been authorized by regulators or that display questionable characteristics, and urged investors to exercise caution.
https://coinness.com/en/news/1170560

[Former Fed innovation chief says crypto progress to continue without CLARITY Act]

Sunayna Tuteja, former chief innovation officer at the U.S. Federal Reserve, said regulatory work and industry innovation will continue even if the CLARITY Act does not pass. In an interview with Digital Asset in Seoul on Oct. 1, Tuteja said the U.S. SEC and the CFTC had already begun preparing for a scenario in which the bill is not enacted and that work will continue. Tuteja added the SEC and CFTC have been issuing new guidance almost daily since the Senate rejected cloture on the CLARITY Act, calling it a very positive sign.
https://coinness.com/en/news/1170561
See more: https://www.digitalasset.works/news/articleView.html?idxno=43347

[Analyst says Bitcoin may hold up despite mounting risk-off signals]

Real Vision crypto market analyst Jamie Coutts said Bitcoin may prove more resilient than expected even as risk-off signals emerge in the dollar, the MOVE index and other markets.

In a post on X, Coutts said debt has risen faster than liquidity since 2021, with markets beginning to show signs of stress again. He said similar moves are now visible in the dollar, the MOVE index, long-term Treasury yields and credit markets, adding that stocks and liquidity-sensitive assets such as BTC have historically weakened in that environment. Coutts added, however, that BTC already underwent a sharp correction earlier than expected and is not showing excessive leverage or crowded positioning, which could help it hold up even if a risk-off phase unfolds.
https://coinness.com/en/news/1170562

[Cardano founder says ADA adoption is not his responsibility]

Cardano founder Charles Hoskinson pushed back against claims that he is responsible for ecosystem growth and broader ADA adoption, The Crypto Basic reported.

Hoskinson said Cardano is a decentralized network and he does not hold a formal role such as official leader or CEO within Cardano. He added that founders are not servants and said he is the CEO of Input Output Global, or IOG, rather than Cardano. The remarks came in response to criticism from some community members over weak ADA price performance and ecosystem growth.
https://coinness.com/en/news/1170563

[Kyobo Life discusses stablecoin, RWA partnership with SBI, Circle]

South Korea’s Kyobo Life Insurance discussed ways to work with Japan’s SBI Holdings, stablecoin issuer Circle and South Korean digital-asset custodian BDACS to apply stablecoins and real-world assets to financial services, Digital Asset reported. Kyobo Life said it held the “Bridging Finance Onchain” event with the three companies in Seoul on Oct. 1 and shared each company’s digital-finance strategy and potential areas for future cooperation.
https://coinness.com/en/news/1170564
See more: https://www.digitalasset.works/news/articleView.html?idxno=43359

[Base-based stock token DEX volume jumps 313% over 30 days]

DEX trading volume for Base-based stock tokens issued by Coinbase reached $1.5 billion over the past 30 days, up 313% from the previous 30-day period, according to Token Terminal.
https://coinness.com/en/news/1170565

[NEAR Intents lead says $3.8M exploiter identified, gives 48 hours to return funds]

Alex Shevchenko, who leads cross-chain protocol NEAR Intents, said the identity of the attacker who stole about $3.8 million has been identified and demanded the funds be returned within 48 hours, according to The Defiant.

In a post on X, Shevchenko said, "We have identified you," and called for the funds to be sent back to the Bitcoin, BNB Chain and Ethereum, and Solana addresses he disclosed. He added, "You likely know the proper procedure for responsibly disclosing a vulnerability when you find one," and said the opportunity to use that process would remain open for only 48 more hours.

The Defiant also reported the stolen funds had not yet been deposited into any of the three addresses disclosed by Shevchenko. NEAR Intents has not released details on the attacker's identity, the exploit transactions, or a breakdown of the affected assets. The protocol had previously said the hack stemmed from a bug in interactions between Omni's deposit and withdrawal infrastructure and the NEAR Intents smart contract.
https://coinness.com/en/news/1170566

[NEAR community weighs cutting token issuance rate from 2.5% to 1.6%]

NEAR Protocol said on X that a proposal has been submitted to the NEAR governance forum to lower the token issuance rate to 1.6% from 2.5% over the next 24 months. The proposal also outlined a long-term plan to fix NEAR’s total supply. It is currently under discussion, with feedback being gathered from validators, House of Stake delegates and the community.
https://coinness.com/en/news/1170567

[Core Lightning urges update as attackers target outdated nodes]

Core Lightning, a major payment software provider for the Bitcoin Lightning Network, urged operators using version 26.06.7 or earlier to update to the latest version immediately. In a post on X, the company said it had received reports that attackers were targeting nodes without the security patch and said keeping nodes up to date was important to protect funds.
https://coinness.com/en/news/1170568

[Former White House digital assets adviser urges South Korea to hear industry on basic law]

Harry Jung, former deputy director of the White House Digital Asset Advisory Committee, said South Korea should actively reflect voices from the industry as it drafts a basic law on digital assets, ZDNet Korea reported.

In a media interview at Korea Blockchain Week 2026 in Seoul, Jung said Washington often uses the phrase 'Personnel is policy' and added regulators need to understand the ecosystem well. Jung also said the private sector can provide real-time feedback on what it is seeing on the ground, and policymakers need to receive that feedback while drafting regulations.
https://coinness.com/en/news/1170569
See more: https://zdnet.co.kr/view/?no=20261002110905

[GSR executive sees room for growth in South Korea’s crypto market]

Frank Chaparro, head of content at crypto market-making firm GSR, said after attending Korea Blockchain Week that South Korea’s crypto market has substantial growth potential, with retail participation already very active but institutional infrastructure still relatively underdeveloped.

In a post on X, Chaparro said the biggest gap is market structure, adding there are not many institutional market makers or custody firms and there is still no meaningful OTC market like the one in the U.S. Chaparro said this could change significantly over the next few years.

He added that if infrastructure improves, South Korean conglomerates could begin adding crypto to their balance sheets as part of diversification, with allocations reaching as much as 10%. Chaparro also said Upbit is a key player in the South Korean market and major U.S. investors, including a16z, showed considerable interest in supporting South Korean founders.
https://coinness.com/en/news/1170570

[South Korea to check crypto holdings of customs delinquents owing over $8K]

South Korea’s Korea Customs Service will regularly check whether people who owe more than 10 million won ($7,400) in unpaid customs duties hold virtual assets, and may seize assets held not only in exchange accounts but also in personal wallets to cover the delinquent amount, SBS Biz reported.

Under a new directive that took effect on Sept. 28, the agency must check holdings at major cryptocurrency exchanges at least once a year when unpaid customs duties total 10 million won or more. About 1,100 people are currently subject to the measure, and the Korea Customs Service plans to conduct a regular review at the end of this year, according to SBS Biz.
https://coinness.com/en/news/1170571
See more: https://biz.sbs.co.kr/article/20000338070?division=NAVER

[Maven 11-linked wallet buys $3.6M in HYPE, Lookonchain says]

A wallet believed to be linked to crypto-focused investment firm Maven 11 bought 40,000 HYPE today at an average price of $89, worth about $3.56 million, Lookonchain reported. The same address sold 115,000 HYPE a week ago at an average price of $93.84, according to Lookonchain.
https://coinness.com/en/news/1170572

[Willy Woo says BTC has always outperformed stocks over any four-year holding period]

On-chain analyst Willy Woo said in an X post that investors who held BTC for four years have never posted lower returns than stocks, regardless of when they bought, including at market peaks. According to a chart Woo shared, BTC is currently delivering a 42% annualized return over a four-year investment horizon, above the S&P 500’s 19%. Woo added that BTC also exceeds the 39% annual investor return posted by hedge fund Renaissance Technologies.
https://coinness.com/en/news/1170573

[Bithumb to list Talus (US) for KRW trading today]

South Korean exchange Bithumb announced the addition of Talus (US) for KRW trading at 6:00 a.m. UTC today.
https://coinness.com/en/news/1170574

[Hackers exploit Aave v3-linked module flaw, steal 114 ETH: SlowMist]

About 114.09 ETH worth of assets was stolen after a vulnerability in the Loop Safe Module, which is linked to Aave v3, was exploited, blockchain security firm SlowMist said.

SlowMist said the attacker abused a flaw that let fake Safe wallets pass the module’s permission checks, draining weETH and Aave collateral assets from two Safe multisig wallets with the module enabled.
https://coinness.com/en/news/1170575

[Walapay raises $4.6M seed round led by Generative Ventures]

Walapay, a global payments infrastructure company, has raised $4.6 million in seed funding led by Generative Ventures, according to the company. Commerce Ventures, Polygon, NGC Ventures and Big Brain Holdings also participated.

Walapay supports clients in converting idle deposits into yield-generating digital dollar products and, through partnerships with digital asset infrastructure providers, offers custody options tailored to clients’ regulatory and operational requirements. The company said the funding will be used to expand into more licensed jurisdictions, strengthen bank partnerships and hire staff.
https://coinness.com/en/news/1170576