funds

The target lower limit of the federal funds rate in the United States for October is 3.75%, expected to be 3.75%, previous value 3.75%

The target upper limit of the federal funds rate in the United States for October is 4%, expected to be 4%, previous value 4%.

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.

The Hong Kong Investor and Financial Education Committee issued a notice highlighting the risks of trading tokenized funds in the secondary market, including price discrepancies and trading risks, liquidity risks, price fragmentation risks, and reliance on market makers risks. The Committee stated that tokenized funds traded on virtual asset trading platforms may experience significant premiums or discounts compared to their net asset value.The Committee pointed out that investors should understand the investment objectives, strategies, characteristics, operations, and related investment risks of the underlying funds, as well as the tokenization arrangements, including whether transactions are ultimately settled on-chain or off-chain and the associated risks. Investors should also pay attention to trading channel information, market maker arrangements, applicable fees, potential trading suspensions, secondary market trading risks, and the options and related impacts of purchasing or redeeming tokenized fund units at net asset value.

According to SolanaFloor, Solflare stated that its staking service provider experienced a security incident that affected the keys held for its validators, which are no longer generating staking rewards. Solflare claimed that user funds were not affected, and the delegated SOL remains in the users' own staking accounts, controlled by their keys.Solflare will guide users to migrate to new validators through an app update, and rewards will resume once staking is activated, with plans to compensate migrating users.

Galaxy Research Director Alex Thorn stated that the 13F holdings report for Bitcoin ETFs is still in the early stages, and most large asset management companies and registered investment advisors (RIA) typically submit their filings just before the November 16 deadline.However, some long-term funds have already increased their holdings in Bitcoin ETFs in the third quarter. Wealth management advisory firm SIGFIG Wealth Management submitted its related filing for the first time, indicating that its clients increased their investments in Bitcoin ETFs by approximately $73 million in the third quarter. A significant portion of the assets managed by the firm comes from retail client accounts at banks such as Wells Fargo, Citizens, Santander, and UBS.

According to a statement released by Predict.fun on the X platform, a small number of user wallets experienced unauthorized fund transfers, with total losses amounting to approximately 400,000 USDT. Preliminary investigations indicate that an API documentation website hosted by a third-party service provider may have been compromised, affecting a small number of users in a short period.The website has been taken offline and will remain closed until the investigation is complete. Predict.fun promises to fully compensate users who have directly suffered losses due to this incident and will release a complete review report and subsequent preventive measures after the investigation concludes. Predict.fun is a prediction market platform based on the BNB Chain.

Traders will collectively plan fundraising through MetaDAO for the proprietary trading platform Over, with a proposed minimum fundraising amount of $250,000. Token holders can participate in treasury management, and team token unlocks are linked to performance. Over claims to be the first proprietary trading platform owned by traders on Solana, with ownership arrangements covering intellectual property and protections for token holders in the event of acquisitions.Users can choose the scale and maximum loss of simulated cryptocurrency or stock perpetual accounts, paying fees daily in USDC. After meeting the criteria, they can apply to withdraw 80% of qualified simulated profits; the longer the account remains active, the higher the withdrawal limit. Initial market data comes from Hyperliquid and Phoenix, with daily fees adjusted based on payout reserve coverage and demand, and surpluses counted towards reserves. Over also plans to allow third parties to assess and operate proprietary tasks on the same chain with risk control systems. The team refers to its members as founders with operational backgrounds, managing assets close to $1 billion, and having over 10 years of experience in traditional financial infrastructure, on-chain data, products, and markets. The fundraising is scheduled for Thursday, October 29.

According to The Block, BlackRock Financial Management, BlackRock Japan, and Japan's financial group SBI Holdings, along with Startale Group, have signed a memorandum of understanding to explore connecting tokenized money market funds with the yen stablecoin JPYSC, and to study the related technological infrastructure, business models, distribution channels, and regulatory requirements.The four companies stated that the collaboration aims to promote interoperability between tokenized assets and stablecoins, and to open up cooperation opportunities for financial institutions and businesses in Japan and internationally. The collaboration is still in the exploratory stage, and a specific implementation timeline has not yet been announced.BlackRock launched the tokenized fund BUIDL in 2024, managing approximately $2.17 billion in assets at the time of the report. SBI Holdings will launch JPYSC with Startale in June 2026, issued by SBI Shinsei Trust Bank, with SBI VC Trade responsible for distribution.

Coinbase Institutional Co-CEO Brett Tejpaul stated in an interview that the "second wave" of institutional funds for Bitcoin has arrived. He revealed that the seven largest banks in the world are currently operating on Coinbase's infrastructure and are experiencing their own "Kodak moment," as these banks begin to move funds from traditional accounts to on-chain settlements.Tejpaul indicated that the core driver of institutional adoption has shifted from Bitcoin ETFs to stablecoin payments. Funds can now be transferred from Citibank accounts to USDC, cross-chain in a second, and then enter corporate accounts on the other side. He disclosed that the scale of stablecoin settlements has reached $400 million per hour, but relative to the overall payment market, it is still just "a speck of dust," with payment service providers adopting it on a large scale ahead of banks. Additionally, Coinbase is connecting U.S. funds to Deribit, which holds 85% of the options market share.When discussing Bitcoin, Tejpaul believes the macro environment is good, but the price performance is disappointing, and institutions currently view it as a tech-related trade. He also mentioned that stablecoins and agency-style commerce have arrived almost simultaneously, and Coinbase is advancing a transformation from "Amazon to AWS" to activate infrastructure across the United States, disclosing that it holds about 90% of the market share in Bitcoin ETF custody.

According to CoinDesk, the Indian cryptocurrency exchange CoinDCX has confirmed a loss of $16 million. The reason is that its fund sweeping process failed to transfer customer deposits from the wallet that was hacked in July 2025.The exchange stated that it will bear this loss itself and claimed that the funds of active users are still safe.

According to CoinDesk, XRP treasury company Evernorth plans to raise approximately $80.7 million through a committed equity financing arrangement with a subsidiary of Cantor Fitzgerald, with funds intended for general corporate purposes, including the purchase of XRP. The company currently holds approximately 473 million XRP.Evernorth's SEC filing submitted on October 23 shows that the company has the right to sell up to approximately 5.219 million shares of newly issued common stock in batches to CF Principal Investments after meeting certain conditions. Based on the closing price of $15.46 per share on October 22, this corresponds to approximately $80.7 million; the actual financing amount depends on the number of shares sold and the transaction price, and does not represent completed financing or coin purchases.

According to monitoring by Onchain Lens, Bloomtrading users reported that their wallet assets were stolen, with approximately $954,000 in funds transferred to a suspected theft address. A hacker stole 9,408 SOL from 49 victims through a theft wallet, and the final amount may be higher.The highest single stolen amount was 1,636 SOL, approximately $166,000. Users are reminded to disconnect immediately and transfer their funds to a new wallet.

Reuters reported on October 23 that Elizabeth Barron, the Executive Director of the non-profit organization PHP Foundation, which supports the open-source language PHP, stated in an email interview on Friday that the foundation is severely underfunded. She mentioned that recent events indicate a high reliance on PHP by businesses and governments, and given this reliance, PHP's funding is clearly insufficient.Barron noted that the foundation currently has only one full-time employee, which is herself, along with 14 part-time contractors, with funding coming from donations and grants. The increase in coding related to artificial intelligence has roughly doubled the foundation's workload. The number of code change proposals received by the PHP project is nearly double that of a year ago, but the number of contributors has not doubled. She stated that reviewing code contributions and bug reports requires a significant amount of manual input and expertise.Reuters reported that two serious vulnerabilities in PHP were discovered this week, prompting urgent patches for websites worldwide, highlighting the critical importance of this nearly thirty-year-old open-source language to the internet. The article stated that PHP may support approximately 70% of websites globally, and there is currently no evidence that these vulnerabilities were exploited before their disclosure. The report was filed by journalist Toby Sterling from Amsterdam.

According to Bitcoin Magazine, the Realized Cap of Bitcoin is rising, indicating that new funds are flowing into the Bitcoin market.Bitcoin Magazine states that, based on historical data, an increase in Realized Cap typically occurs at the beginning of a new bull market. Realized Cap is calculated based on the total value of each Bitcoin at the price of its last on-chain transfer, which can reflect the overall cost level of holders.

As of the week ending October 20, leveraged funds increased their net short positions in euros by 1,305 contracts, reaching 94,100, the highest level since March 2020, corresponding to short bets of approximately 11.8 billion euros.The turmoil in French politics, debt pressures, and escalating protests have heightened market concerns, dragging down the euro's performance. The euro fell 0.4% against the US dollar this week.

The International Criminal Police Organization stated that Operation Serengeti III took place from June 29 to August 31, 2026, across 21 countries, resulting in the arrest of 1,462 suspects, the dismantling of 10,909 malicious networks, and the recovery of over 105 million dollars in illegal funds. The investigation also confirmed that 65,929 victims were attacked by cybercrime gangs, with related losses exceeding 385 million dollars.This operation focused on combating online fraud, ransomware, business email compromise, online scams, and digital extortion. In specific cases, the Ugandan police dismantled two transnational fraud gangs and arrested 365 foreign nationals; Angola seized two illegal cryptocurrency mining centers, arrested 9 individuals, and confiscated over 2,000 mining machines; in Nigeria, another case involved over 2.4 million dollars in suspected criminal proceeds, a significant portion of which was laundered through cryptocurrency transactions.

According to Bloomberg, the prediction market platform Kalshi plans to launch exchange-traded futures contracts tracking the U.S. Consumer Price Index (CPI) and core CPI in December. They are promoting related products to major banks and hedge funds and have hired former Barclays trader Michael Ashton, known as "Mr. Inflation," to design the contracts and expand institutional clients.If launched, this would become a unique futures product directly tracking the CPI, helping institutional investors hedge against inflation and the risks of changes in Federal Reserve interest rates, and allowing Kalshi to further enter the traditional derivatives market dominated by the Chicago Mercantile Exchange (CME) and the Intercontinental Exchange (ICE). Kalshi has confirmed that it is developing CPI futures but has not disclosed specific launch details.

QCP stated that the credit risks related to AI infrastructure are accelerating in repricing. CoreWeave's bond yield has risen to about 15% this year, as the market begins to reassess high financing costs and debt sustainability.The related pressure has spread from CoreWeave to the broader neocloud infrastructure sector, dragging down the performance of tech stocks and crypto assets, while pushing funds towards long-term U.S. Treasury bonds.