Ethereum Foundation Launches Project Odin Initiative to Advance Public Goods Funding Diversity

According to EmberCN’s monitoring, Hyperliquid’s largest long trader currently holds a long position worth approximately $320 million across 10 addresses, with an unrealized profit of around $8.77 million. The position mainly consists of 1,400 BTC and 82,000 ETH, with the average entry price for the BTC long at $75,967 and the average entry price for the ETH long at $2,493. The trader has primarily profited from long positions in BTC and ETH, and has accumulated around $116.7 million in total profits from multiple long trades so far this year.

Bank of America strategist Michael Hartnett said that in the week ending Oct. 7, money market funds drew $166.4 billion in inflows, marking the largest weekly inflow since April 2020. Over the same period, bond funds and stock funds saw inflows of $33.8 billion and $12.4 billion respectively, indicating investors are significantly increasing their allocations to cash-like assets. Hartnett noted that the current high-interest rate environment makes cash itself highly attractive in terms of returns, so the massive size of money market funds can no longer be simply viewed as "dry powder" for the stock market waiting to enter. He summarized the current capital flow logic as "No rate cuts, no reduction in cash", arguing that only when the Federal Reserve launches sustained and significant monetary easing is it more likely to drive large-scale capital outflows from cash-like assets. Recently, U.S. 10-year and 30-year Treasury yields have continued to climb, and the Fed raised the federal funds rate target range to 3.75%-4.00% in September. Against the backdrop of sustained high cash yields and recovering bond appeal, the stock market is facing dual competition from cash and fixed-income assets. Hartnett also cited the Nov. 3 U.S. midterm elections as a key event that could trigger major stock market volatility this year, and warned investors to watch for risks including deteriorating breadth in the U.S. stock market and rising long-term Treasury yields.

According to U.S. media reports, U.S. Treasury Secretary Scott Bessent said the Trump administration is escalating its "maximum pressure" campaign against Iran to an "absolute isolation" operation. Beyond financial sanctions, the U.S. will further restrict Iran’s access to international markets, transportation networks, and financial resources via measures including maritime blockades, aviation restrictions, and cutting off land routes. Bessent revealed in an interview at the Newsmax NPolicy Summit in Washington on Thursday that the U.S. government "may seize approximately $1 billion worth of crypto assets this week," noting authorities have located the assets and are taking steps to isolate them. He added that the U.S. is cooperating with the United Arab Emirates and Oman, and coordinating with Pakistan and Turkey, to cut off Iran’s land transport routes. The administration’s stated goal is to fully block Iran’s oil exports and restrict international travel by Iranian officials and individuals affiliated with the regime. To date, the report has not disclosed the specific crypto assets involved in the seizure, wallet addresses, implementing agencies, or legal basis for the action, and it remains unclear whether the operation has been formally executed.

Security researcher beaksec (Emiliano Versini) recently disclosed a critical vulnerability (CVE-2026-107181) affecting Telegram Desktop versions 7.2.8 and earlier. Attackers can craft malicious tg:// links; when users click these links via external platforms such as browsers, an IPC injection enables reading of arbitrary local files—including tdata session files—and exfiltrating them to an attacker’s channel, potentially leading to account takeover. The flaw has been patched in Telegram Desktop version 7.2.9. Given that numerous cryptocurrency projects, communities, and trading groups rely on Telegram, sensitive data like wallet mnemonics, private key screenshots, and transaction records are often stored locally. Users are advised to immediately check for and install the latest Telegram Desktop update, avoid clicking untrusted links, and enable local password protection for sessions to mitigate theft risks.

According to HTX market data, Bitcoin has rebounded to break through the $83,000 level, with a 0.59% increase in the past 24 hours.

Privacy-focused public blockchain Zcash’s development team plans to introduce quantum-resistant signature-related opcodes to the network in January 2027, enabling hash-based signature verification for transactions to mitigate threats to wallet key security posed by future quantum computing breakthroughs. However, the official activation timeline for this feature has not yet been finalized. Zakura engineer Roman Akhtariev stated that the team plans to integrate post-quantum signature opcodes into Zcash next January. This mechanism aims to prevent attackers from deriving private keys from public keys and forging transaction authorizations, with the upgrade focusing on Zcash’s transparent transaction system. Data shows that as of Thursday, approximately 11.96 million ZEC are held in transparent address pools, accounting for around 70% of the total 16.98 million ZEC in circulation. Transparent transactions disclose addresses and transaction amounts, while shielded transactions hide details such as senders, recipients, and amounts. Additionally, Zakura has launched a wallet balance query tool based on Private Information Retrieval (PIR), allowing users to check address balances without exposing the queried address list to servers. The experimental version of this tool is now available via the "Private queries" setting in the Zcash wallet Vizor. Previously, Ethereum researcher Justin Drake warned that AI-assisted attacks could accelerate the risk of breaking existing cryptographic systems, advising crypto holders to prepare for a "Bunker Mode" in extreme scenarios. However, no practical quantum attacks targeting the keys of major mainstream crypto wallets have been confirmed to date.