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Large outflows have hit Morpho vaults managed by Sentora following MetaMask’s staking-related security incident, Crypto Briefing reported. The RLUSD vault fell from $426.4 million to $350.4 million in four hours, while the PYUSD vault dropped from $408.9 million to $349.3 million. Morpho uses a structure in which third-party curators set each vault’s collateral and lending terms, as well as the markets where funds are deployed. If the outflows continue, vault utilization could rise. Higher utilization could push up borrowing rates and make it harder for remaining depositors to withdraw funds immediately.

Democratic Party lawmaker Min Byoung-dug proposed raising funds for an FC Anyang soccer stadium through token securities, Edaily reported. Speaking at a discussion session during the "Edaily Global STO Summit 2026" held at the Korea Exchange conference hall in Seoul on Oct. 1, Min suggested that Anyang could finance stadium development not through taxes but through token securities, while giving nearby residents and Anyang citizens the first chance to invest. Min said that when discussions on using tokenization to raise stadium development funds first began in 2020, the conversation was still at the stage of questioning why coins were needed, but has now shifted to how quickly to move ahead. Min added that proposals to build a dedicated stadium often face opposition on the grounds that there are many other demands on the budget. If passionate local fans can hold token securities at low prices, Min said, those residents could become strong supporters willing to tolerate construction dust, noise, and traffic congestion. More specifically, citizens could participate with small-scale investments, receive part of the returns under a prearranged structure, and obtain parking passes, facility-use rights, or a share of operating revenue from the completed development in token form.

The number of cryptocurrencies circulating on South Korean exchanges has declined for the first time in two years, while so-called exclusive listings traded on only one exchange fell by more than 20% in six months, News1 reported, citing a survey on virtual asset service providers released today by South Korea’s Financial Intelligence Unit under the Financial Services Commission. A total of 673 virtual assets were in circulation across domestic exchanges in the first half of this year on a deduplicated basis, down 39, or 5.5%, from 712 in the second half of last year. The sharpest drop came in exclusive-listed virtual assets, which fell by 62, or 20.9%, to 234 from 296 over the same period. By contrast, the number of virtual assets listed on two or more exchanges rose by 23, or 5.5%, to 439 from 416. An industry official said exclusive listings leave exchanges to shoulder the burden of securing liquidity and protecting users from sharp price swings, and added that exchanges are favoring coins already traded elsewhere and with proven market demand.

South Korea’s financial authorities have proposed setting retail investors’ annual net purchase limit for over-the-counter tokenized securities platforms at 100 million won ($69,000) per exchange, Yonhap Infomax reported. South Korea’s Financial Services Commission said on Oct. 1 it will accept public comments from Oct. 2 through Nov. 11 on proposed revisions to the enforcement decrees of the Electronic Securities Act and the Capital Markets Act, along with related rules. The proposal fleshes out delegated provisions under the revised laws, which are scheduled to take effect on Feb. 4 next year, and reflects policy directions presented on Sept. 4 by a public-private consultative body on tokenized securities. Eligible securities for issuance as tokenized securities would include not only fractionalized investment products such as beneficial interests in non-monetary trusts and investment contract securities, but also conventional standardized securities such as stocks, bonds and funds. During the public comment period, the FSC plans to discuss industry suggestions in full, including raising the investment cap, lowering the minimum capital requirement for issuer account management institutions, and easing distributed ledger requirements. Specifically, the proposals under discussion include: - raising the annual net purchase limit for retail investors at each over-the-counter exchange above 100 million won - lowering the minimum equity capital requirement for issuer account management institutions below 4 billion won ($2.8 million) - easing distributed ledger requirements

South Korea’s cryptocurrency market weakened broadly in the first half of this year, with participation by so-called big-money investors also declining, iNews24 reported, citing results from a survey of 26 virtual asset service providers released on Oct. 1 by South Korea’s Financial Intelligence Unit and Financial Supervisory Service. As of the end of June, the number of tradable user accounts stood at 11.175 million, up 49,000, or 0.4%, from the end of last year. Accounts holding at least 10 million won accounted for 890,000, or 8% of the total, down two percentage points from the end of last year. Accounts holding at least 100 million won totaled 110,000, representing 1% of the total and down 0.5 percentage point from the end of last year. Meanwhile, 8.63 million accounts, or 77.2% of all user accounts, held less than 1 million won in assets. The total valuation of virtual assets in South Korea stood at 58.9 trillion won ($43.3 billion) at the end of June, down 33% from the end of last year. Average daily trading volume in the first half was 3.1 trillion won ($2.3 billion), down 44% from the second half of last year, while won-denominated deposits fell 35% to 5.2 trillion won ($3.8 billion). Exchange revenue in the first half dropped 41% from the second half of last year to 576.8 billion won ($424.3 million), and operating profit plunged 78% to 81.6 billion won ($60.0 million).

Most crypto transfer users in South Korea are likely to be affected when the travel rule is extended to virtual asset transfers worth less than 1 million won ($700) starting in February, News1 reported. According to a survey on virtual asset service providers released by South Korea’s Financial Intelligence Unit under the Financial Services Commission on Oct. 1, 63% of all users who made outbound virtual asset transfers in the first half used transfers worth under 1 million won.

Grayscale has completed a three-for-one stock split for its spot ZEC ETF, ZCSH. Shareholders of record as of the Sept. 28 market close received two additional shares for each share held, raising each original share to three shares after the split. Following the split, net asset value per share was adjusted to about one-third of its previous level, while the total value of each investor’s holdings was unchanged.

A U.S. bankruptcy court in New Jersey has approved the reopening of the bidding process for Bitcoin mining pool Poolin’s Texas mining business assets, The Energy Mag reported. An affiliate of HUT 8 remains the stalking-horse bidder, with the total offer valued at up to $180 million. Of that, $100 million would be paid at closing, while up to $80 million would be tied to milestone-based conditions related to a future data center transaction.

Binance announced it will delist the PROMPT/USDT, PUMPBTC/USDT and 1000000BOB/USDT perpetual futures at 9:00 a.m. UTC on Oct. 5.

Whale Alert reported that 277,162,705 USDT has been transferred from Binance to an unknown wallet. The transaction is valued at about $277 million.

Rising Bitcoin prices and lower funding costs could create a virtuous cycle that further strengthens Bitcoin-holding companies such as Strategy, Strategy CEO Michael Saylor said. Saylor said the key is appreciation in Bitcoin, whose supply is capped. If a company raises fresh capital to buy more Bitcoin, demand increases, and if the price rises, the value of the company’s holdings and its ability to raise additional funds could also improve. Saylor added that growing market understanding and acceptance of preferred shares such as STRC is another variable. As analyst and institutional participation expands and trading and distribution infrastructure improves, the extra yield investors demand could fall, reducing Strategy’s funding costs. If corporate value rises, the company could raise capital on more favorable terms to buy more Bitcoin or reduce higher-cost debt. Saylor described Strategy’s $152 million STRC redemption disclosed on Sept. 28 as an example of this active capital management strategy. He added that for the structure to remain sustainable, returns from holding Bitcoin must exceed funding costs and dilution from share issuance. Because Bitcoin does not generate interest income on its own, price appreciation and efficient capital management remain the key factors, Saylor said.

Payment stablecoin oversight rules in the U.S. state of Florida took full effect today, according to Odaily. Under the new rules, trust companies in Florida must obtain state approval to issue payment stablecoins. Issuers are required to maintain reserves of at least one-to-one in cash, short-term U.S. Treasuries, government money market funds and similar assets, while also disclosing reserve details monthly and undergoing accounting audits and executive certification. In particular, if a state-supervised issuer’s total outstanding issuance exceeds $10 billion, new issuance must be halted unless the issuer moves into a federal regulatory framework within 360 days or falls back below the cap. The move is expected to strengthen the link between state-level efforts to establish a legal framework for stablecoins and federal regulation.

The Bank of Korea has set up a separate advisory committee on digital currency policy covering central bank digital currencies, deposit tokens and related issues, The Fact reported. According to materials the central bank submitted to the office of Kim Sang-hoon, a lawmaker on the National Assembly’s Public Administration and Security Committee from the ruling Democratic Party, the Bank of Korea recently created the Digital Currency Advisory Committee and held its first meeting on Sept. 29. The new body restores an official channel for gathering views from outside experts and the market about five months after the previous advisory group was effectively dismantled just before Bank of Korea Governor Hyun Song Shin took office in April. The move comes as digital-currency projects including Project Hangang, the cross-border payments test Project Agora and tokenized government bonds are gaining momentum, while debate over CBDC-related privacy and security concerns continues. With the advisory gap having lasted about five months, and the new committee launching ahead of the parliamentary audit, some have raised concerns that the body should not remain a token measure aimed at responding to the audit, according to the report.

Robinhood CEO Vlad Tenev said in an interview with therollupco that daily trading volume in perpetual futures on Robinhood Chain has reached $1 billion. Tenev added, "신규 시장을 곧 전체 이용자에게 개방하고, 향후 두 달 안에 로빈후드 체인을 개발자들이 선호하는 블록체인으로 성장시키겠다".

Christopher Montanaro, chief legal officer at Orca, said at Korea Blockchain Week 2026 that the U.S. SEC’s new innovation exemption gives the DeFi industry a chance to test whether blockchain-based financial infrastructure is actually more efficient than traditional financial systems. The innovation exemption introduced by the SEC on Sept. 17 refers to a temporary conditional exemption that allows limited trading of tokenized U.S. stocks in on-chain environments.

Ethena founder Guy Young said Ethena is aware of an ongoing security incident involving a specific Ethereum node operator and does not expect it to affect the protocol. Young said USDe’s collateral currently includes no direct exposure to stETH or other liquid staking tokens.

Ether.fi said via its official social media account that it is aware of a security incident involving Ethereum node operators and that weETH was not exposed to the incident or affected by it.

Kraken disclosed it has completed the acquisition of TradeStation’s cryptocurrency-related infrastructure assets. TradeStation is a platform that provides online trading brokerage services. The deal appears aimed at expanding Kraken’s digital asset infrastructure capabilities. Kraken’s parent company, Payward, had previously said it spent billions of dollars on acquisitions and investments over the past two years as it pursues a strategy of integrating trading, banking, asset management, and institutional services into a single financial infrastructure.

Kakao Group, including Kakao, KakaoBank and Kakao Pay, plans to expand financial services cooperation with Korea Investment Securities across the digital asset sector, from issuance and distribution to investment, remittances and settlement, Financial News reported. Under the agreement, the companies plan to build a broad cooperation framework covering the wider digital asset business, including refining use cases for digital assets, offering financial services such as investment, remittances and settlement using digital asset services, building core infrastructure such as electronic wallets to support those services, and cooperating on digital asset custody and links to customer-facing digital asset services.

An anonymous whale bought 1,486.37 ETH worth about $4.028 million as Ethereum pulled back after an overnight price spike, according to ai_9684xtpa. The address is currently sitting on an unrealized loss of about $33,000.

An early investor who acquired 560,000 ETH in Ethereum’s 2015 ICO moved 133,298 ETH worth $356 million to a new address five hours ago, according to ai_9684xtpa. The transfer marks the first time in the past four years that the whale has moved more than $100 million in ETH to a new address in a single transaction. Lookonchain estimates the wallet may belong to Ethereum co-founder Joseph Lubin.

Bitcoin developers have proposed a new standard, BIP-461, to detect covert private key leakage during wallet signing, CryptoSlate reported. The proposal centers on standardizing ECDSA signatures so any compliant signer using the same private key and the same message would produce the same result. If a signature differs from the standard output, it would make it easier to check whether hidden behavior aimed at leaking the private key was involved in the signing process. The proposal does not require changes to Bitcoin’s existing consensus rules, allowing related wallets or signing software to adopt it without a network upgrade.

An anonymous whale withdrew 39,018 AAVE, worth about $6.2 million, from Kraken three hours ago, according to AmberCN. Exchange outflows are typically interpreted as a sign of holding intent.

Solana Company, a listed company accumulating SOL, said it had issued $15 million worth of stock. The company, which trades on Nasdaq under the ticker HSDT, plans to use the proceeds to buy SOL or repurchase its own shares.

The European Securities and Markets Authority has urged the European Commission to expand its supervisory and enforcement powers under the Markets in Crypto-Assets regulation, Crypto Briefing reported. In recommendations published on Sept. 30, ESMA said it needs faster-response authority to address money laundering, terrorist financing, online fraud and unlicensed operators. The proposal’s key measures include stronger powers to freeze crypto assets when financial crime or market abuse is suspected and to detect, block and shut down websites linked to fraud. ESMA also proposed broader oversight of offshore operators serving EU investors without MiCA authorization. The recommendations also point to tighter crypto marketing rules. ESMA proposed stricter standards for promotions, including those involving influencers and third parties, along with disclosures on costs and risks. In addition, it called for clearer criteria to determine whether decentralized finance is genuinely decentralized, as well as regulatory and disclosure requirements for staking, lending and borrowing. The European Commission will use the recommendations as a reference in its MiCA review process.