Standard Chartered initiated research coverage of Ethena, forecasting USDe could grow about 8x over the next 2 years
Drift said it has frozen about $9.2M of the $295.4M stolen on April 1 and launched a 10% recovery bounty with Bybit
Ostium launched OLP recovery plan, repaying in full the 90% of wallets with losses of 1,000 USDC or less, larger holders choose by Oct. 30 between a flat 1,000 USDC or a Stage 2 pro-rata plan
Base launched Cobalt, its third network upgrade, bringing Validity transactions and B20 enhancements to mainnet
Chainlink launched Fulcrum, connecting major financial institutions to onchain financing with 24/7 collateral mobilization and risk management
ESMA proposed expanding MiCA to cover DeFi gateways, staking and crypto lending, with tighter limits on services involving unauthorized stablecoins
Hyperliquid community event to take place October 5 in Singapore, RSVP acceptance required
Open USD (OUSD), the stablecoin from Coinbase, Mastercard, Stripe, Visa and others, is now live
Solana Company HSDT prices a $15M stock offering with warrants at a 5% premium to NAV, holding 2.3M SOL worth roughly $273.5M
DogeOS launched a public testnet for its ZK rollup, bringing EVM smart contracts to Dogecoin with DOGE as gas
CFTC filed two rulemakings with the White House’s OIRA targeting event contracts, one excluding casino-style gambling products from the swap definition, the other including event contracts
Stand With Crypto rolled out its first round of Senate endorsements after the failed Clarity vote
Abracadabra governance is considering an orderly wind-down of the protocol, citing roughly $21M in MIM bad debt
Balancer BAL holders approved an orderly wind-down after BIP-928 passed and the fork failed, V3 pools stay live until Oct. 30 and the first treasury distribution is set for May 2027
Australia’s ASIC is preparing to regulate digital asset and tokenised custody platforms under a regime starting April 2027
HSBC named its upcoming HKD stablecoin HSBC RedCoin, launching in H2 2026 via PayMe and the HSBC HK app
MoonPay CLO Caroline Pham said real tokenized securities listed on NYSE or Nasdaq will come onchain much faster than expected, and that stablecoins’ role relative to tokenized deposits is overestimated
Binance Pay users can now pay at Japanese merchants accepting PayPay, available only to overseas visitors
Brazil’s CSD BR partnered with Ripple to tokenize BTG Pactual fund shares on the XRP Ledger
Scorechain integrated with Sui for wallet screening, transaction monitoring and fund tracing
Muneeb Ali is taking over as CEO of Stacks Labs on Oct. 15 as Bitcoin Staking goes live
Robinhood added AI agents, in-app perps via Bitstamp and weekend trading
UK FCA opened its crypto authorization gateway, firms should apply by Feb. 28, 2027 ahead of the regime starting Oct. 25, 2027
The Standard Chartered call for Ethena's dollar token to grow about 8x in two years is the item I'd underline. This week showed what that size does in a scare: per CoinDesk, Ethena pulled about $135 million out of two Morpho lending vaults as a precaution during the MetaMask staking incident, then put it back once things were clear. At 8x, one cautious move like that becomes a billion-dollar swing in someone else's lending pool. Should people lending on Morpho be watching where Ethena parks its money?