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Justin Sun, founder of TRON, said at TOKEN2049’s main event in Singapore that the combination of cryptocurrency and AI agents will be one of the most important use cases over the next five years. In a conversation with Kevin Poloni, founder of the podcast 'When Shift Happens,' Sun said crypto can continue to improve technologically, while traditional banking systems have seen limited progress for a long time. He added that next-generation users will increasingly prefer crypto-based services. Sun said TRON is building a financial network for the AI economy, with about $100 billion in assets within the protocol and daily transaction processing volume of $20 billion to $30 billion. He added that the project is also pursuing U.S. stock tokenization and development of the AI routing platform B.AI.

Blockchain security firm CertiK said it detected signs of a suspected exploit at 79Vault, with $12.5 million worth of BNB transferred through an admin-privileged function.

Crypto exchange Gate announced a partnership with Visa to launch a crypto-linked card. The company plans to expand the use of digital assets in everyday spending and global commerce through the offering. The card is set to launch in more than 40 markets worldwide, allowing users to pay with digital assets at online and offline merchants that accept Visa and link Gate accounts more conveniently to real-world spending.

Compound community member ugurmersin has proposed transferring control of the Ecosystem Protection and Continuity Fund, or EPCF, and mainnet Chainlink SVR revenue from a Safe controlled by the Compound Foundation to a community multisig. The proposal centers on a five-of-nine multisig involving nine participants. The proposal would not abolish the EPCF, and would keep its current purpose, size, 48-month operating period, and emergency funding execution capability unchanged.

Bitcoin’s recent price pullback was driven by weak spot demand and a decline in futures open interest, according to CryptoQuant contributor MAC_D. Bitcoin’s apparent demand remained in negative territory, while the Coinbase Premium Index was also mostly negative, indicating U.S. investor buying pressure remains weak. MAC_D added that although Bitcoin has held at a similar price level since Sept. 22, open interest fell nearly 10% to about $26 billion from roughly $28.8 billion. Still, MAC_D said the current correction could present a medium- to long-term buying opportunity as long as the current upcycle remains intact. The area around $69,000, where short-term holders’ average cost basis sits, is likely to act as a key support level, MAC_D said.

NEAR Protocol rose 8.7% over the past 24 hours to rank 17th by cryptocurrency market capitalization, as a quantum-resistant token launched on the Near.com platform. The token is QTC, the native token of Quantus Network, and uses ML-DSA, a quantum-resistant cryptographic algorithm standardized by the U.S. National Institute of Standards and Technology. NEAR was trading at $5.21.

South Korea’s Financial Services Commission will examine whether financial institutions were involved in the KOK coin case, its chairman Lee Eog-weon said during a parliamentary audit on Oct. 8, according to Edaily. Lee said the case is under investigation by judicial authorities and that trial proceedings are underway at the Ulsan District Court. If financial institutions were involved in the business operations, the FSC would look into the matter, he said. Lee added that account-transfer issues are being handled by the Financial Intelligence Unit under the FSC, while suspicious transaction reports are being reviewed by investigative authorities. After Democratic Party lawmaker Lee Kang-il called for a swift probe, a fast-paced investigation and a full review of the response system for digital-asset crimes, Lee said he would discuss the matter with judicial authorities, Edaily reported. He also said the FIU’s core function is anti-money laundering and stressed the need to support and coordinate with criminal investigative bodies, adding that investigators are also working from the FIU office and that he would work to ensure close coordination with authorities in the KOK case. Prosecutors estimate the KOK coin case was a multi-level fraud scheme that affected 570,707 victims in South Korea and overseas, causing total losses of 2.5759 trillion won ($1.9 billion).

Coinbase plans to expand services for traditional financial institutions, according to Crypto Briefing. The company intends to develop infrastructure that would allow banks and other financial firms to integrate cryptocurrency custody and financial services into their own operations. Coinbase currently manages more than $15.2 billion in institutional assets through Coinbase Prime, its institutional platform, which offers asset custody, financing services, staking and liquidity access.

Crypto and fintech investment firm Deus X Capital will wind down operations and begin formal liquidation on Jan. 31, 2027, CoinDesk reported. The decision follows a move by key investors to pursue different investment directions. Deus X Capital launched in October 2023 with $1 billion combining existing investment assets and capital available for new investments. The firm has invested in digital assets, blockchain and fintech, and said it has generated annual returns of 36.5% since its founding. It did not disclose its total assets under management.

An anonymous whale sold 131,421 HYPE worth $11.71 million through over-the-counter trades over the past 10 days, according to ai_9684xtpa.

Sui said via its official X account on Oct. 8 that Circle’s Cross-Chain Transfer Protocol V2 has gone live on the Sui mainnet, enabling users to transfer native USDC between Sui and 29 blockchains. Sui explained that under CCTP V2, USDC is burned on the originating chain and newly minted on the destination chain. The blockchain said developers can build payment and treasury-related services on Sui without separately designing bridge-based infrastructure, while USDC received on Sui can be used immediately within the same inbound transaction. That means deposits, swaps, and payments can be handled in a single transaction. Note: We are participating as an official media partner for Sui Basecamp 2026.

If BTC rises above $84,076, about $567.04 million in short positions on major centralized exchanges could be liquidated, according to CoinGlass data. If it falls below $82,045, about $454.65 million in long positions could face liquidation.

Crypto analyst Crypto Dan said on X the cryptocurrency market appears to be nearing the final stage of a transition into an upcycle. Crypto Dan said that at the bottom of every past downturn cycle, loss and profit ratios relative to supply converged, then widened again as the market shifted into an upcycle. A similar pattern is now being observed, according to the analyst. Crypto Dan added that in past cycle bottoms, Bitcoin traded below its realized price, while this time the correction has been relatively shallow. Even so, the broader picture suggests the market is now in the process of turning into an upcycle, Crypto Dan said.

Greece has drafted a bill to impose a 10% tax on cryptocurrency income and has launched a public consultation process, Reuters reported. Under the draft, annual capital gains from crypto transfers of up to 500 euros ($560) would be exempt from taxation. The bill is scheduled to be submitted to parliament in November. Greek authorities said most investors use overseas platforms, making it difficult to accurately estimate the size of the domestic crypto market. As a result, projected tax revenue from the proposed regime has not yet been calculated.

Sui said in an official blog post that Hashi, its native Bitcoin financial infrastructure, will launch on mainnet later this month after securing commitments for more than $500 million in capital. Hashi is designed to let users keep BTC on the Bitcoin network while using it as collateral through Sui smart contracts. Users can deposit BTC to mint Sui-based hBTC for use across financial applications including lending, borrowing, credit, vaults, and structured products. Sui said the Hashi ecosystem currently includes more than 20 partners, including BitGo, Bullish, Cumberland, FalconX, and Ledger. It added that Anchorage Digital, described as the first U.S. crypto bank, recently joined as a launch partner. Note: We are participating as an official media partner of Sui Basecamp 2026.

The UK tax authority, HMRC, is seeking to expand its power to request information from cryptocurrency service providers, raising concerns over the privacy and personal safety of Bitcoin holders, Forbes reported. According to Forbes, the proposed changes would extend financial institution information notice rules to crypto service providers and update access powers related to computer records and software information. A key concern is that if users’ real names, home addresses and taxpayer identification numbers are linked to BTC wallet addresses, public blockchain data could be used to track past transactions and asset movements over long periods. Forbes said a leak of such information could increase the risk of physical crime targeting large holders. Public consultation on the proposal ended on Sept. 7, local time, and the UK government has not yet decided whether to adopt it.

Crypto analyst Darkfost said on X that Bitcoin demand has improved noticeably in recent sessions, with the recovery especially evident in the spot market. Darkfost said total BTC demand turned positive again at more than 14,000 BTC, while futures market demand remained relatively stable at an average of 32,000 BTC over the past several days. Spot demand was still at negative 17,000 BTC, but that marked a sharp improvement from negative 207,000 BTC on Sept. 20. Darkfost said the recovery in demand despite Bitcoin’s price decline is a positive signal.

An altcoin whale has opened short positions worth a combined $21.86 million in PUMP, SOL and XRP, BlockBeats reported, citing TradingBits data. The positions were showing an unrealized loss of about $12,900. The investor closed an existing long position of 1 billion PUMP, realizing a loss of about $260,000, and then switched to a short position of 1.5 billion PUMP. The short positions currently consist of 1.5 billion PUMP at 5x leverage worth $9.015 million, 75,000 SOL at 20x leverage worth $8.6408 million, and 3 million XRP at 20x leverage worth $4.2096 million.

Ripple, the crypto company behind XRP, is expanding across nearly every part of the industry, from stablecoins to asset custody, and is now moving into Wall Street as well, The Wall Street Journal reported. The outlet said Ripple has recently emerged as a major provider of swap financing for leveraged exchange-traded funds designed to amplify returns tied to specific stocks or indexes. After acquiring Hidden Road last year, which provided prime brokerage services to crypto hedge funds, Ripple rebranded the business as Ripple Prime and is now providing swap financing to several ETF managers, according to the report. Ripple is also working with other investment managers, including hedge funds, as it pushes to broaden the business, the report said.

Franklin Templeton CEO Jenny Johnson said at Token2049 in Singapore that some rival tokenized funds remain limited to putting traditional financial products into digital form, falling short of fully using blockchain’s advantages. Johnson said BENJI, the company’s tokenized fund, manages records of fund ownership directly on a public blockchain, with the blockchain itself serving as the official book of record. That allows returns to be calculated by the second and cuts transaction costs to $1.13 from about $150, Johnson said.

Aaron, co-founder of SUI-based privacy-focused agentic messenger Loqua, unveiled a personalized 'MBTI trading agent' at the Sui Basecamp AI Builder Labs now under way in Singapore. The feature analyzes a user’s investment tendencies and style, sets strategies tailored to those traits, and supports backtesting to simulate returns based on historical data. Loqua said the AI agent is designed to help users build strategies aligned with their investment profiles. Aaron added Loqua plans to launch its in-house Social Prediction and Alpha Calling features later today.

The following are the 24-hour long/short ratios for BTC perpetual futures on the world’s three largest crypto futures exchanges by open interest: Overall: 47.17% long, 52.83% short - Binance: 47.2% long, 52.8% short - OKX: 46.62% long, 53.38% short - Bybit: 46.61% long, 53.39% short

Bitwise CEO Hunter Horsley said in a CNBC interview the crypto bear market has ended and Bitcoin could reach a new all-time high next year. Horsley said many sellers had already exited the market during the downturn that has continued since late last year, while institutional participation has expanded and usage and revenue at some crypto platforms have increased. He added investment access through crypto exchange-traded funds and exchange-traded products has also improved from earlier levels.

An anonymous whale’s long position totaling 98,089 ETH, worth about $252.3 million, could face forced liquidation if ETH falls to $2,446.48 and $2,424.47, respectively, according to on-chain analytics firm Lookonchain. ETH was trading at $2,569.74, down 1.85% over the past 24 hours, according to CoinMarketCap.

Jiang Zhuoer, founder of mining pool BTC.top and a figure with Chinese roots, said on X he bought back 75% of his previous Bitcoin holdings when BTC was at $82,789. He said he expects a short-term rebound in BTC as the market holds without further declines and dip-buying demand is coming in. Jiang had previously sold BTC at $86,789 and $84,460.