Odaily reports that the Coinbase Quantum Advisory Council has released a position paper on quantum computing and blockchain, recommending that preparations for Bitcoin's post-quantum migration begin before the threat from quantum computing becomes clear, and stating that adjustments to consensus rules and migration across the entire ecosystem could take years. Coinbase currently custodies approximately 5% of Bitcoin's total supply and is advancing post-quantum preparations for its own systems while discussing related proposals with Bitcoin developers and researchers. The paper recommends evaluating P2MR, P2TRv2, and hybrid schemes that run traditional signatures in parallel with post-quantum signatures, while also comparing candidate algorithms such as ML-DSA, SLH-DSA, and FN-DSA; the paper is not a final proposal or formal conclusion.

Odaily reports that Morpho has officially announced the appointment of Brian Foster, former institutional business executive at Coinbase, as Head of GTM. Foster spent over seven years at Coinbase, where he led strategic partnerships with BlackRock and federal government business in the United States, covering areas including ETFs, trading-as-a-service, and stablecoin payments. At Morpho, Foster will focus on driving the adoption of onchain credit products among fintech companies and traditional financial institutions.

Odaily News — During an international joint anti-fraud operation held in London from October 6 to 9, Coinbase collaborated with the UK's National Crime Agency (NCA), the US Department of Justice's Scam Center Strike Force, and the Tech Against Scams coalition to jointly combat transnational scam networks operating in West Africa. Coinbase's global intelligence team participated in tracking illicit fund flows, assisting in freezing involved assets, and sharing investigative leads in real time.The related scam tactics include fake cryptocurrency investments, impersonating law enforcement officers, and coercing victims into transferring funds through staged video call arrest scenarios. Coinbase stated that as crackdowns on scam compounds in Southeast Asia continue to intensify, some criminal networks are gradually shifting to regions such as West Africa, and the company will continue to cooperate with law enforcement agencies to track cross-border fraud funds.

Odaily News: Primavera, a startup backed by Coinbase co-founder Fred Ehrsam, is planning to enter Venezuela's oil industry and take over operations at multiple local oilfields, with the goal of achieving a production rate of 100,000 barrels of crude oil per day in the near term.Primavera has recently signed multiple contracts with Venezuela's state-owned oil company Petróleos de Venezuela, S.A. and has hired industry executives from Chevron and Occidental Petroleum to oversee infrastructure construction and boost conventional and heavy oil production capacity. Notably, Ehrsam is also a co-founder of crypto investment firm Paradigm, with a personal net worth of approximately $2.4 billion. In addition to Ehrsam, Primavera's investment team includes Iribarren and former Quantum Energy Partners executive Dheeraj Verma. (Bloomberg)

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: CoinDesk's latest September Exchange Review shows that Gate's derivatives market share increased by approximately 1.6 percentage points, making it the exchange with the largest market share growth among top global exchanges. Gate's derivatives trading volume for the month reached $396 billion, up 38.2% month-over-month, ranking third among global centralized derivatives exchanges; during the same period, Gate's derivatives market share reached 10.1%. In RWA perpetual contracts, Gate ranked third globally with a 9.1% market share. The platform also performed strongly in the spot market, with September trading volume reaching $48.8 billion, up 21.9% month-over-month. Against the backdrop of a broader recovery in overall market trading activity, Gate continues to maintain its position as a global leader in derivatives and RWA perpetual contracts.Additionally, the report highlighted several recent developments in Gate's products and ecosystem. Gate launched Gate Money, a globally integrated financial services application, through which eligible users can obtain a bank account under their own name and complete fund collection, transfers, asset exchanges, and payments within the same platform, with support for using different types of assets in the account, including stocks, for daily payment and spending. Gate also introduced the on-chain trading tool Da Jin Gou and announced a partnership with Visa to launch the crypto asset-linked card Gate Card. On the ecosystem front, GateToken (GT) burned nearly 2 million tokens in the third quarter of 2026, bringing the cumulative burn total to approximately 192 million. While continuing to increase its trading market share, Gate is simultaneously advancing the integration of digital assets, traditional finance, and payment scenarios, extending its exchange capabilities into multi-asset management and daily financial services.

Odaily reports that Bank of England Deputy Governor Sarah Breeden said during the IMF annual meetings that the UK is currently in no rush to launch a retail central bank digital currency, the digital pound "Britcoin." Whether to proceed with the digital pound project depends on whether other innovative payment solutions—such as commercial stablecoins and tokenized bank deposits—can deliver the benefits of tokenization. She also emphasized that she hopes UK businesses can develop successful sterling stablecoins, so that UK residents and businesses are not left with no option but to access innovative payment services through dollar stablecoins. (Bloomberg)

Odaily News: KuCoin Nigeria Limited has received Approval in Principle (AIP) from the Nigeria Securities and Exchange Commission (SEC Nigeria), granting it admission to the Accelerated Regulatory Incubation Program (ARIP). This approval does not constitute final registration, a license, or endorsement, nor does it authorize the company to commence operations, onboard customers, list digital assets, offer trading or P2P services, process fiat on/off-ramps, or custody customer assets; the company will not launch related business activities until all pre-commencement conditions are met and further written permission is obtained from SEC Nigeria.

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.

According to Onchain Lens monitoring, a Bitcoin OG transferred $138.32 million USDC to Binance. This whale currently holds $200 million USDC and $61.68 million USDT, totaling $261.68 million.