According to Onchain Lens monitoring, a BlackRock ETF-linked wallet transferred $203 million worth of Bitcoin and Ethereum to Coinbase Prime in the past hour, including 860.393 BTC valued at $71.54 million and 52,488 ETH valued at $131 million.

Odaily News: The 17,733 BTC transferred by the U.S. government to Coinbase Prime is a custody arrangement rather than a sell signal. Of these, 12,267 BTC related to the Bitfinex hack remain under the custodian's control, with only approximately 1,200 BTC potentially being sold.

Odaily reported that a hacker minted 19 million THEO tokens on the Base chain, then swapped them for 700.8 ETH, worth approximately $1.76 million, and transferred the ETH to the Ethereum mainnet via a cross-chain bridge. Due to this incident, the THEO token has dropped 92% over the past 24 hours.

According to on-chain analyst Ember Monitoring, 3 Pump.fun team or early investor wallets (96HiV4...NKVWM9, ERRGqu...dukdNYa, 85WTuj...RqMD4ERS) transferred 1.458 billion PUMP to Coinbase Prime 5 hours ago, worth $7.58 million. These 3 wallets have an allocation of 70 billion PUMP, which has been unlocking since July. The 1.458 billion PUMP transferred to Coinbase Prime this time represents their unlocked amount for this month.

According to Odaily, Coinbase posted on X that Coinbase Advanced now has access to a new trading engine and offers VIP3 rates, free for the first 30 days.

Odaily reports: Bank of America (BofA) adjusted its price targets ahead of the three trading platforms' third-quarter earnings releases: raising Robinhood's price target from $140 to $156 while maintaining a "Buy" rating; raising Coinbase's price target from $174 to $203 while maintaining a "Buy" rating; and lowering eToro's price target from $46 to $39 while maintaining a "Neutral" rating. The market expects Robinhood's third-quarter revenue to be approximately $1.4 billion with earnings per share of $0.64; Coinbase's revenue to be approximately $1.77 billion with a loss per share of $0.20; and eToro's revenue to be approximately $203 million with earnings per share of $0.40.

Odaily News: Evernorth, a company focused on XRP treasury management, has completed its SPAC merger and plans to list on Nasdaq. The company currently holds approximately $672 million in XRP assets.Evernorth stated that it will increase its XRP holdings through lending, liquidity provision, and other yield strategies, and enhance the amount of XRP corresponding to each share.Additionally, Evernorth has appointed Hugo Jeandesboz, former Co-Chief Investment Officer at Coinbase Asset Management, as Chief Investment Officer, responsible for the company's investment strategy. (The Block)

Odaily reports: According to Edison's monitoring, in response to the recent card data breach incident, the Based team's compliance and operations department has begun contacting and responding to affected users, and has notified the Personal Data Protection Commission of Singapore (PDPC) and relevant regulatory authorities, as well as filed a report with the police. They are currently cooperating with law enforcement in the investigation. Edison stated that the card business is currently still operating normally, and the Based trading wallet and App have not been affected. The wallet uses a self-custody model, and the platform does not hold users' private keys; the social login feature is powered by Privy, and users can still continue to use Based for trading. Regarding external discussions about a "admin backend leak five months ago," Edison said that this backend is unrelated to the current card data breach incident and did not contain any user data. The backend belonged to an early development version of a custodial OpenClaw product that the team tested in March 2026, intended only for small-scale internal testing, and it was subsequently decided not to launch it and development has been halted. Edison stated that the team's current priorities include continuing to support affected users, further strengthening security controls and monitoring systems, and continuing to build a better trading experience.

Odaily: Brian Armstrong posted on X that with the Deribit integration complete, Coinbase's institutional platform capabilities have been further enhanced.

Odaily News: The Texas Business Court ruled on October 2 that the derivative lawsuit filed by shareholder Gary Guillaume against Coinbase directors was dismissed on the grounds that he failed to first submit a written demand to the board of directors. The court stated that the dismissal does not constitute a substantive ruling and made no determination regarding the alleged misconduct; although the substantive claims are assumed to be governed by Delaware law, the standing to sue is governed by Texas law. Coinbase CEO Brian Armstrong praised the precedent on October 9, saying it encourages more companies to incorporate in Texas.