StonkFun announces that 18% of the total supply of STONK tokens has been burned.

Saturn Foundation, an on-chain digital credit protocol, announced that the STRN Token Generation Event (TGE) is scheduled for the fourth quarter of 2026, with the second season of its program reserving up to 5% of the total token supply for distribution. If the TGE occurs before December 8, 2026, the second season will conclude shortly prior to the TGE, at which point a snapshot will be taken. Should the second season end early, its TGE allocation will be reduced proportionally based on the program’s actual duration; unallocated amounts will be returned to the Saturn ecosystem allocation pool for future seasons. For example, if the program completes 75% of its original cycle, only 75% of the reserved allocation will be distributed. The third season will launch immediately after the second season’s snapshot is finalized; eligible positions will continue to accrue second season points until the snapshot is taken, and users are not required to take any action at this time. Specific details regarding the token economic model, distribution, and claim arrangements will be disclosed in subsequent announcements.

Beating AI News: Elon Musk has outlined a timeline for SpaceX AI to catch up with OpenAI and Anthropic. He said the firm is on track to build models matching the level of Anthropic’s Fable and OpenAI’s GPT-6 in the next 2 to 3 months; if progress continues accelerating, SpaceX AI could “take the lead” in roughly 6 months. Musk also revealed the latest GPU counts for Colossus: Colossus 1 has 150,000 H100s, 50,000 H200s, and 30,000 GB200s; Colossus 2 has 110,000 GB200s and 440,000 GB300s. The two data centers hold a combined ~780,000 GPUs, more than the prior external estimate of 670,000. Another 220,000 GB300s will go fully operational next week, bringing total GPUs to exactly ~1 million. An additional 220,000 will be added in November; if all goes well, a further 220,000 could be added by end-December, pushing the total to ~1.44 million.

BitMEX has updated its restricted jurisdiction policies, announcing that the platform ceased operations on September 23. To facilitate eligible customers in withdrawing funds, BitMEX has lifted regional restrictions for the U.S., Canada, Hong Kong (China), Bermuda, Seychelles, and Myanmar. However, these adjustments only apply to completing KYC and withdrawal requests, and do not signify a resumption of trading services. Customers who previously could not access their accounts due to regional restrictions can now log in directly, complete KYC, and submit withdrawal applications. Restrictions for sanctioned regions including Cuba, Iran, North Korea, and Crimea remain in effect, and all related withdrawals are subject to compliance monitoring. Iranian citizens residing outside Iran who are not on sanctions lists of OFAC, the United Nations, or the European Union may submit proof of overseas residence to apply for withdrawals; Russian citizens residing in the EU or Switzerland may also apply for fund withdrawals by providing address proofs issued within the past three months.

CryptoQuant analyst Darkfost published a note stating that Bitcoin has recently entered an upward phase distinct from its previous rallies. Since hitting its July high, BTC has rallied roughly 45%, breaking through key structural levels and closing above $82,000 for several consecutive days. Darkfost noted that BTC’s accumulation trend has persisted during this rally, a pattern particularly evident in BTC’s capital flows on exchanges. Binance currently holds around 30% of BTC available on all exchanges accessible to all investor types, and net BTC outflows have dominated recently—averaging roughly 2,000 BTC per day over the past week. Meanwhile, Binance recently recorded its largest single-day BTC net outflow since 2023, exceeding 13,800 BTC in a day, marking a new three-year high. Over the past four days, Binance’s BTC reserves dropped from 705,000 BTC to 685,000 BTC, a reduction of about 20,000 BTC. Darkfost explained that sustained BTC outflows from exchanges signal some investors are choosing to hold BTC themselves, a behavior typically linked to long-term holding. From a market mechanism perspective, declining exchange BTC balances also reduce potential selling pressure. Darkfost further pointed out that such sudden large-scale outflows may indicate investors who previously expected Bitcoin to keep falling as it did during past bear markets are now experiencing FOMO and re-entering after the price rally. As Bitcoin continues to rise, similar large-scale capital flows may occur again.

A whale deposited 541,009 $HYPE($49.55M) to #Kraken 3 hours ago.

Bitget CEO Gracy Chen shared key takeaways from her earlier live stream on social media, including: 1. Affected assets include ETH, XRP, BNB, AVAX, USDT, USDC and other tokens, spanning Ethereum, XRP Ledger, Arbitrum, Avalanche, Optimism, BSC and Base. All on-chain cold wallets have been confirmed secure and were not impacted. 2. Bitget has contacted all affected chain foundations; some foundations have confirmed freezing hacker wallet addresses. The team will continue to follow up on relevant channels and release updates. 3. Bitget stated that based on IP behavioral characteristics and on-chain analysis, the attack method is highly consistent with known patterns of North Korean hacker groups. The platform has reported the incident to relevant authorities and is cooperating with global investigations. 4. Bitget Wallet operates on fully independent infrastructure from the Bitget exchange. This incident had no impact on Bitget Wallet, and all assets in Bitget Wallet are completely secure. 5. Regarding the platform’s financial status, Bitget said that in addition to its over $464 million protection fund, its own assets exceed $1 billion, with user funds fully backed at a 1:1 ratio, and all related data is verifiable on-chain. 6. On the timeline for resuming withdrawals, Bitget noted its goal is to complete a full recovery as soon as possible. A specific time window will be announced immediately once confirmed, and the platform will not commit to unachievable deadlines.