SQD surges nearly 30% following recent news. The token was already among the top purchased assets across all centralized exchanges at 12:45 MSK, ranking first in buy volume on Binance. By 13:06, it led in open interest growth. The main price rally occurred after the news was made public.

Yuma, the development studio and accelerator for Bittensor founded by Barry Silbert’s Digital Currency Group, has launched Yuman Asset Management to provide institutional and accredited investors with streamlined access to the decentralized AI ecosystem. coindesk

Ripple forms strategic alliance with Bahrain Fintech Bay, a leading local incubator working with government agencies including the Central Bank of Bahrain. Further details available here.

FF M2 Capital has invested $10 million in Falcon Finance.

Monad is set to launch hallmarks MON on October 14.

State Street reports that 60% of institutional investors plan to increase their digital asset allocations within the next year.

According to State Street, 60% of institutional investors plan to increase their digital asset holdings within the next year.

JPMorgan analysts predict that spot Solana ETF approvals are imminent but expect lower inflows compared to Bitcoin and Ethereum ETFs. The SEC has until October 10 to decide on the applications for launching the Solana ETF.

Hackers have stolen $20 million from a Hyperliquid user by obtaining their private key, following the hacker's closure of a $16 million long position on HYPE and a sale of 100,000 HYPE tokens.

Bybit has received a virtual asset platform operator license from the Securities and Commodities Authority (SCA) in the United Arab Emirates. coindesk

Binance CEO Changpeng Zhao spent the day in meetings in Bahrain, according to a tweet.

Bybit has removed Russian banks from the payment options available in its P2P platform.

CoinGlass reports that $100 million has been liquidated in the past hour.

Bitcoin sell-off driven primarily by smaller wallet groups, not large investors, according to CryptoQuant.

Bitcoin sell-off driven by smaller wallet groups, not large investors, says CryptoQuant.

Today's Fundraising Highlights:

CipherOwl has completed a $15 million seed funding round backed by Coinbase Ventures and additional investors. LAB raised $5 million in funding, with participation from Animoca Brands, Amber Group, Lemniscap, and others. Fanable (Eternal Labs), a Web3 marketplace for Pokémon, comics, and digital collectibles, secured $11.5 million in funding.

Roger Ver reached a settlement with the U.S. Department of Justice, leading to the dismissal of charges related to fraud and tax evasion after he agreed to pay a $48 million fine, The New York Times reports.

Today's Summary and Tomorrow's Events - https://t.me/bingx1/2147483647

Democratic U.S. Senators have proposed the possibility of adding DeFi protocols to a "restricted list" if deemed excessively risky. They also indicated that U.S. citizens generating "recurring income" from such protocols could be subject to penalties. cointelegraph #regulation

Yesterday, spot Bitcoin ETFs experienced approximately $197.8 million in net inflows, while spot Ethereum ETFs saw about $8.7 million in net outflows.

The overall net inflow for spot Bitcoin ETFs reached approximately $197.8 million yesterday, while spot Ethereum ETFs experienced a net outflow of about $8.7 million.