Hong Kong stocks closed, with the Hang Seng Index falling 2.6% and tech stocks posting broad losses.

Binance announced that US stock trading on its platform will be temporarily suspended due to a system upgrade conducted by its partner broker. During this period, users will not be able to place stock trading orders. The system upgrade window runs from 19:00 to 22:00 on October 3, 2026.

Trump’s support among voters aged 18 to 29 has fallen from 43% to 19%. Some young crypto investors dismiss his crypto projects as profit-driven schemes, criticizing the TRUMP meme coin for exploiting crypto-savvy backers. Morten Christensen, an investor holding large volumes of TRUMP tokens, stated that Trump’s reputation is weaker than it was during his presidential campaign. He noted that when attending the second meme coin event held at Mar-a-Lago this year, the online response was markedly different from that of the first event in May 2025. Trump’s financial records show he has generated at least $500 million from token sales via World Liberty Financial. The project issues the USD1 stablecoin, which is pegged to the U.S. dollar, and boasts a market cap exceeding $4 billion. (Bitcoin.com News)

Utexo, backed by Tether, plans to launch USDT on the Bitcoin network this month. Utexo co-founder Viktor Ihnatiuk stated that the company has secured a commercial license to issue USDT on Bitcoin, and intends to provide APIs, SDKs, and cloud infrastructure for exchanges, wallets, and payment service providers. Built on the RGB protocol and Bitcoin’s UTXO model, Utexo will keep most transaction data off-chain, focusing on three core use cases: USDT private transfers, direct swaps between native BTC and USDT, and native BTC collateralized lending—eliminating the need to wrap BTC for use on other blockchains. USDT was first issued on Bitcoin via the Omni protocol in 2014, before Ethereum and Tron emerged as its primary circulating networks. Utexo also plans to expand support to the Lightning Network following USDT’s Bitcoin launch. (CoinDesk)

According to Bitget’s official data, Bitget’s Peer Program has disbursed its first batch of rewards, totaling 1,907,455 USDT to 763,543 users over three days. The campaign will run until October 26. During this period, Bitget will allocate 30% of its platform’s transaction fee revenue to a dedicated user reward pool, offering transaction rewards, asset rewards, and VIP-exclusive benefits to different user groups.

Robinhood Chain’s RWA liquidity and token launch platform Long.xyz has launched an upgrade to its Community Vault LP functionality. The Community Vault now allows direct allocation of stock token liquidity to the USDG/STOCK liquidity pool. Generated LP fees will flow back to the vault, used to compound identical USDG/STOCK LP positions and fund upcoming modules. The feature will first roll out to high-value OG trading pair vaults, then gradually expand to all LONG trading pairs.

According to relevant information, Hyperliquid is expected to receive its first AQAv2 reserve revenue allocation tomorrow (October 3). Approximately $14.5 million in passive income generated from the USDC reserve will flow into the Assistance Fund to be used for HYPE repurchases.