U.S. federal court preliminarily rules Kalshi sports event contracts may be classified as swaps.

According to monitoring by YuEmber, whale/institutional address E3M...9Cs profited $1.36 million (+34%) by selling privately placed PUMP tokens. The entity secured 1 billion PUMP tokens via a private placement last July for $4 million, at a per-token cost of $0.004. Five hours ago today, it transferred all 1 billion PUMP tokens (valued at $5.36 million) to Coinbase Prime, with the transfer price reaching $0.0054 per token.

Canary filed an S-1 amendment for its Canary PEPE ETF with the U.S. Securities and Exchange Commission (SEC) on October 2. The filing shows the ETF intends to list on Cboe BZX, with an investment objective of providing price exposure to PEPE held in trust, net of operating expenses and other liabilities. The fund’s net asset value will be based on the 60-minute New York price of the CoinDesk PEPE benchmark rate.

According to Yu Jing Monitoring, one year ago, two addresses received 40.57 million ZRO tokens (valued at $73.02 million) from the multi-signature wallet of LayerZero’s strategic partner. Six hours ago, the two addresses transferred 8 million ZRO tokens (worth $14.98 million) into Coinbase Prime.

ARK Invest founder Cathie Wood stated that cost reductions driven by innovative platforms like AI will gradually permeate broader economic sectors, lifting productivity and corporate profitability, and pushing inflation to levels lower than most investors anticipate—this is the so-called "benign deflation". Wood noted that current AI inference costs are falling by 99.99% annually while performance remains consistent. Meanwhile, OpenAI’s annualized revenue run rate has surged from $20 billion to $70 billion, a sign that falling costs are spurring rapid demand growth. ARK Invest projects real GDP growth could hit high single digits, a forecast most dismiss as "crazy"; in an environment of stronger real growth, interest rates may actually rise.

NEAR co-founder @ilblackdragon revealed on X that the stolen funds from NEAR Intents have been fully recovered, crediting the achievement primarily to SHIELD—Intents’ AI security layer—and proactive investigative work. The Intents team identified the responsible party, established communication, and recouped all funds at 14:30 UTC today, wrapping up the entire process in under 24 hours of the hack. @ilblackdragon added that NEAR will continuously strengthen its security systems to adapt to the evolving cybersecurity landscape. He noted that while AI can accelerate exploit development, it also aids in defending against threats, expressing hope that the entire crypto industry will respond with vigilance, embrace a shared sense of urgency, and collaborate collectively.

Bitdeer disclosed in a 6-K filing submitted on October 2 (Eastern Time) that director Sheldon Trainor-DeGirolamo will resign from his position as a director and all roles on the company’s board committees. The resignation will take effect on October 15, 2026. The announcement stated that the departure is not due to any disagreement with the company regarding operations, policies or practices.