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According to on-chain researcher Spreek, the DeFi protocol Hifi Finance has encountered a DAO governance takeover. The attacker gained control through four last-minute votes funded by Tornado Cash, subsequently minting 25 million governance tokens and transferring users' staked assets, with a total value of approximately 1 million dollars, most of which were RWA tokens.

The Cosmos ecosystem decentralized exchange Osmosis has restored the reserve support for Alloyed BTC asset allBTC through a governance proposal. Previously, the Nomic cross-chain bridge minted 40.650602 nBTC on June 25 without Bitcoin reserve backing, of which 39.839746 was counted as collateral for allBTC, causing the support rate of allBTC to drop to 63.97%. After Nomic suspended operations on September 7, Osmosis validators froze 22.650608 allBTC held by the attacker through an emergency upgrade.According to the passed proposal, Osmosis will transfer the frozen attacker assets to the liquidity sub-DAO and utilize 12.4838 allBTC held in the community pool, as well as approximately 4.7 BTC released from the canceled USDC liquidity deployment, to fill a gap of about 39.84 BTC. The subsequent v32 software upgrade will mark the contaminated nBTC as invalid, withdraw it from the allBTC alloy, and destroy it, allowing allBTC holders to restore full support.The proposal indicates that approximately 18 BTC has been transferred out of Osmosis and laundered through Tornado Cash, making it impossible to recover directly. Osmosis stated that it will continue to track the remaining funds and restore the deposit and withdrawal functions of allBTC after the allBTC balance reaches zero and nBTC is removed from the alloy.

Circle submitted comments to the U.S. Securities and Exchange Commission regarding its proposed regulatory framework for cryptocurrency assets. Circle supports the proposal's goal of fostering innovation under clear rules while maintaining the advantages of U.S. capital markets, including transparency, investor protection, market integrity, liquidity, and efficiency.Circle also suggested that the cryptocurrency asset regulatory framework should align with the GENIUS Act. Given that payment stablecoins are increasingly becoming important considerations and settlement assets for on-chain capital formation, Circle requests that the U.S. Securities and Exchange Commission (SEC) clarify how payment stablecoins that comply with the provisions of the GENIUS Act can be used for these purposes.The letter further requests that the Commission clarify that eligible payment stablecoins constitute "cash" under proposed Rule 302(b), should receive appropriate U.S. dollar valuation treatment, and comply with the corresponding accounting and customer reserve treatment conditions.Circle also recommends that, provided objective safeguards are in place, the current 2% broker discount for payment stablecoins that comply with GENIUS be reduced to zero. Finally, Circle requests that the SEC clarify that technical services provided after the network goes live (including maintaining a known set of validating nodes) do not constitute necessary management work. Establishing safe harbor rules for the technical roadmap would allow issuers to continue maintaining and improving the operational network without inadvertently restarting the related analysis.

According to Decrypt, asset tokenization issuer Birch Hill announced the completion of a $4 million seed round financing, led by Multicoin Capital, with participation from ParaFi Capital, Castle Island Ventures, and Nascent. To date, the company has raised a total of $6.5 million.Birch Hill currently serves as the treasury manager for the on-chain lending protocol Morpho, responsible for assessing credit risk and setting related risk parameters. At the same time, the company has applied for broker-dealer qualifications with the Financial Industry Regulatory Authority (FINRA) to sell private credit products to qualified investors, planning to package and securitize U.S. multifamily residential, agricultural, and energy loans for on-chain introduction.

The U.S. stock market's rare earth, lithium battery, and blockchain concept sectors have seen significant increases, becoming the focus of market attention. According to Gate stock market data, Critical Metals Company (CRML) surged by 27.83%, currently priced at $8.13; Enovix Corporation (ENVX) rose by 26.69%, currently priced at $3.37; Soluna Holdings, Inc. (SLNH) increased by 25.00%, currently priced at $0.65.Gate has established a trading service system covering the four core markets of U.S. stocks, Japanese stocks, Hong Kong stocks, and Korean stocks, supporting over 10,000 U.S. stocks and ETFs, more than 1,500 Hong Kong stocks, over 1,000 Korean stocks, and about 300 Japanese stocks, totaling coverage of more than 12,800 stocks and ETF assets globally.Gate allows users to participate in global stock trading using USDT in a one-stop manner and offers fractional share trading starting from a minimum of 0.01 shares along with corresponding stock dividend rights. The platform also supports cross-brokerage transfers for U.S. and Hong Kong stocks and accommodates corporate actions such as stock splits and consolidations, further optimizing the stock investment service experience.

According to market news, Mirae Asset Securities (HK), a subsidiary of Mirae Asset Securities in South Korea, announced that it has completed a tokenized financing note issuance on the Solana blockchain, targeting qualified institutional investors.The note is denominated in US dollars, has a six-month term, and is a floating-rate note, included in the company's $3 billion guaranteed structured note program. Marketnode, a regulated digital market infrastructure operator in Singapore, acts as the authorized distributor, with support from the Solana Foundation. Mirae Asset is responsible for the token issuance, payment, and full lifecycle management. The note is offered only through private placement to professional investors as defined by the Hong Kong Securities and Futures Ordinance, and is not approved or registered by the Hong Kong Securities and Futures Commission.

According to Scam Sniffer monitoring, a user suffered an address poisoning attack, resulting in a loss of approximately 50,000 USD in assets.

According to Cointelegraph, Robinhood CEO Vlad Tenev stated during the third quarter earnings call on Tuesday that there is uncertainty about whether U.S. tokenization rules can be sustained in the long term, which may hinder investors from allocating large assets into the tokenized market. He described the five-year innovation exemption granted by the SEC in September as "a very positive step," but emphasized that further rule-making or legislation is needed to bring long-term regulatory certainty.Tenev noted that the uncertainty regarding the direction of the rules after five years is likely to become an obstacle to allocating large assets to this technology when communicating with clients. Tokenized stocks have previously faced resistance from traditional issuers, with 16 companies including Microsoft, Alphabet, and Goldman Sachs opposing their stocks being listed on the proposed OKXICE platform. AMC CEO Adam Aron has also publicly criticized Robinhood's tokenized stock products.Robinhood currently offers about 200 stock tokens on the Robinhood Chain, supported by the underlying stocks, but constructed in the form of tokenized debt securities, providing only economic exposure without dividend and voting rights, thus falling outside the scope of the SEC innovation exemption that requires rights parity. Tenev stated that tokenized stocks of private companies will be launched overseas, while seeking a path that complies with accredited investor restrictions within the United States. Binance Research's baseline scenario predicts that the market size could reach $34.9 billion by 2030, with approximately $4.43 billion as of September 15.

The leverage for the security warehouse, unified account model, and unified account professional version will add 5 types of bStocks tokens on October 28, 2026, at 20:00---Bending Spoons (BSPB), GraniteShares 2x Short SK Hynix ETF (SKDDB), GraniteShares 2x Long SK Hynix ETF (SKUUB), GE Vernova (GEVB), and Applovin (APPB)---as qualified collateral assets. Eligible users can use these tokens as margin collateral.

According to Onchain Lens monitoring, a certain whale purchased the following tokens from BitGo in the past hour, with a total value of approximately 42.3 million USD:14,600 ETH, valued at approximately 34.24 million USD; 415,690 LINK, valued at approximately 4.81 million USD; 16,570 AAVE, valued at approximately 2.23 million USD; 144,840 UNI, valued at approximately 1.02 million USD.

According to CoinDesk, U.S. Treasury Secretary Scott Bessent stated at the Ripple Swell conference that digital assets can help reinforce the global dominance of the U.S. dollar. Bessent noted that historically, the strength of the world's reserve currency came from military power, but it is increasingly shifting towards technological leadership. The U.S. will maintain its military umbrella, but the technological umbrella is becoming more important. He believes that the U.S. will win in the digital asset technology stack, which will continue to solidify the dollar's position.Bessent stated that over 90% of stablecoins are backed by the U.S. dollar, and issuers often hold U.S. Treasury bonds as reserves. As adoption grows, the demand for such assets may rise, becoming a new source of financing for the federal government. He believes that stablecoins will open up new global markets rather than merely replacing existing dollars. Regarding the failure of the Clarity Act, Bessent expressed disappointment, but noted that the Treasury can work with the SEC and CFTC to advance regulation through institutional action. He also mentioned that regulatory best practices and safeguards can prevent crypto companies from being de-banked.

Coinbase CEO Brian Armstrong posted on the X platform that all asset classes are migrating on-chain. Tokenized stocks and stablecoins are rapidly growing, and more tokenized assets will emerge in the future.Armstrong stated that Coinbase will continue to drive the upgrade of the financial system. The Blockworks chart he shared shows that the total supply of tokenized stocks has reached $3.75 billion, with a total of 1,501 stocks being tokenized.

According to the official product page of VanEck, the VanEck Wealth Builder ETF (ticker: WBMO) was established on October 26, integrating exposure to stocks, bonds, gold, and Bitcoin into a single actively managed exchange-traded fund, seeking long-term capital appreciation and current income.The fund combines core equity and fixed income allocations, with moderate allocations to physical assets and digital assets, while covering long-term themes such as semiconductors, quantum computing, natural resources, and infrastructure. Its total expense ratio is 0.33%, and the net expense ratio is 0.26%.

Grvt has subscribed to the tokenized financing notes arranged by the Hong Kong subsidiary of Mirae Asset Securities, one of South Korea's largest brokerages, as the first step in the cooperation between the two parties.Grvt stated that it plans to integrate the relevant exposure into its wealth management feature Grvt Earn. In the future, both parties will also explore products such as tokenized government bonds, corporate bonds, and ETFs. Grvt indicated that products like tokenized government bonds are only potential directions and not confirmed for launch, depending on regulatory and internal approvals.

According to Cointelegraph, Jordi Visser, founder of Visser Labs, former Managing Director at Morgan Stanley, and Chief Investment Officer at Weiss, stated in the Cointelegraph podcast "Trade Secrets" that crypto assets may yield better returns from the AI boom than AI stocks. He believes that AI entities are creating demand for crypto payments and tokenized assets, stating, "Without AI, the crypto market will not emerge from this bull market."Visser compared AI entities to the App Store or smartphones in the crypto industry, where users can instruct the entities to execute financial operations such as trades on their behalf. He also cautioned about risks: if AI experiences a severe downturn and drags down the stock market, it could cause the crypto market to retest previous lows, but it would not end the bull market. He mentioned that the "fireworks show" of AI has ended, not the end of AI itself, and investors should lower their expectations for returns from AI stocks.In terms of holdings, as of August, Visser only held Bitcoin, Ethereum, and Solana, and then began buying a broader range of tokens, with Bitcoin still being his largest position. He is watching Dogecoin as a signal of retail enthusiasm returning and maintains an equally weighted index composed of 42 tokens and 4 publicly traded stocks, which has outperformed Bitcoin since June. He has also positioned himself in privacy themes, believing that Zcash and Monero align with his investment logic.

Binance stated that its security team successfully identified and prevented multiple cyberattacks related to North Korea in the past week, without causing damage to the company's systems or loss of assets. Binance pointed out that North Korean hacker groups have recently been continuously conducting social engineering attack activities named Contagious Interview.This activity uses scenarios such as fake job interviews, code testing, and software installation to lure targets into running malicious programs. Binance reminds users to avoid installing unauthorized software or executing code from unknown sources and stated that it will continue to strengthen security monitoring, threat identification, and internal security management.

The tokenized asset data platform RootData has reached a deep data cooperation with Payward, the parent company of Kraken, to provide financing and token economics-related data support, assisting in data decision-making in scenarios such as information disclosure, tokenized stocks, institutional services, and business expansion.Payward is the underlying financial infrastructure for Kraken and its ever-growing family of businesses. Its operations cover four main pillars: trading, banking, asset management, and B2B services, with its brands showing growth in areas such as tokenized stocks, derivatives, stablecoin payments, and institutional settlement.Against the backdrop of the accelerating wave of RWA and tokenization, the data synergy between the two parties is expected to help Payward achieve more efficient business expansion while also strengthening RootData's position as a core data infrastructure in the industry. Currently, RootData's API has over 260 cumulative clients, covering well-known platforms such as Ethereum Foundation, Binance Wallet, OKX Wallet, CertiK, Coinglass, and Coinone.

Binance has submitted a cryptocurrency service provider license application to the Central Bank of Brazil through its local entity BBrasil, in order to maintain its operations in one of the largest cryptocurrency markets in Latin America before the regulatory deadline of October 30. The application was submitted on October 23, and the company stated that this will allow Brazilian users to continue accessing cryptocurrency assets, stablecoin trading, payment, and investment services.Meanwhile, Binance announced that changes for Brazilian users will take effect on Tuesday, including restrictions on crypto lending, margin trading, and other services, and will delist 22 cryptocurrency assets in the country. Thiago Sarandy, General Manager of Binance Brazil, stated that the company supports the consideration of regulated markets for virtual asset characteristics and hopes that ongoing dialogue with the Central Bank of Brazil will enable it to offer other products that were suspended to comply with current regulations in the near future.According to the regulations of the Central Bank of Brazil, existing cryptocurrency service providers must submit authorization applications by October 30 to continue operating under transitional arrangements. However, submitting an application does not equate to obtaining regulatory approval; Binance still needs to wait for the official review results from the Central Bank of Brazil to determine whether its local business can operate in full compliance.

Cryptocurrency investment firm Placeholder partner Chris Burniske tweeted that although the current market is volatile, while Bitcoin is declining, long-tail assets are showing potential upward momentum, and the market has not lost its risk appetite.He stated that long-term oriented investors are still accumulating positions in what they believe to be valuable. Currently, there is a strong "wall of worry," and if it can be successfully crossed, this situation is likely to occur after the midterm elections, and the results will be remarkable.