Odaily News — As the institutional market gradually moves toward a model of separating custody from trading, Bitget is continuously expanding its open custody and off-exchange settlement infrastructure for institutional clients, offering institutions more flexible options for asset custody, capital management, and trading access.Currently, Bitget has established partnerships with institutions including Copper ClearLoop, Cactus Custody Oasis, Fireblocks Off Exchange, OSL MirrorEX, Bitfire PrimeMirror, and Sygnum Protect. Through diversified custody and settlement models, Bitget meets the differentiated needs of various types of institutions in areas such as asset segregation, custody selection, settlement efficiency, and liquidity access.Gracy Chen, CEO of Bitget, stated: "Different types of institutions have different needs for custody, settlement, and capital management. Bitget aims to provide open and compatible infrastructure that allows institutions to choose the custody and settlement solutions best suited to their own operating models, enabling asset risk segregation while enhancing capital efficiency and liquidity access capabilities."This expansion is also a key component of Bitget's UEX strategy. Institutional services will continue to be a strategic priority, providing institutions with more asset management and trading access options through an open and scalable custody and settlement network, further improving capital efficiency across different assets and markets, and accelerating the convergence of crypto assets with tokenized traditional financial infrastructure.

Odaily News: Coinbase Markets posted on X platform stating that, based on a recent review, Coinbase will suspend Balancer (BAL) and Tensor (TNSR) trading on or around 2:00 PM ET on November 9, or around 3:00 AM Beijing Time on November 10, affecting Coinbase.com, Coinbase Exchange, and Coinbase Prime. Currently, the BAL and TNSR order books have been switched to limit-only mode, and users can still withdraw their assets normally.

Odaily News: Crypto information platform Decrypt has launched Decrypt Money Accounts on Solana. Account balances are denominated in USDT and can be used across products including Earn, Swaps, Predictions, and Perps. The platform covers gas and rent fees through fee-payer co-signing, so users do not need to hold SOL or handle network fees.The account uses a self-custody model. Decrypt does not hold users' private keys and cannot execute transactions on their behalf. Users can deposit funds through multiple payment methods. A private key export feature is expected to be available shortly, after which accounts can be connected to any Solana wallet software.Cross-chain operations are handled at the platform's underlying layer. For example, Myriad Predictions markets settle on BNB Chain, yet users can still trade using the same Solana USDT balance without bridging or switching networks. Existing Myriad Wallet users can use the service directly without migration.Decrypt Money Accounts will serve as the underlying channel for The Information Exchange, connecting Decrypt, Myriad, and the upcoming MYR. The platform will subsequently expand prediction markets into instruments such as spot, perpetual futures, and structured event products. (Decrypt)

1. Spot Bitcoin ETFs recorded a total net outflow of $487 million yesterday, with BlackRock's IBIT leading at $208 million in net outflows;2. Spot Ethereum ETFs saw a total net outflow of $161 million yesterday, marking 7 consecutive days of net outflows;3. Manus completes a new funding round of over $500 million;4. Binance CEO: Demand for tokenized stocks and private market products is strong, but information flow remains an obstacle;5. MakerDAO's legacy auction contract exploited, attacker drained 200 ETH worth over $500,000;6. TRUMP co-founder: Developing TRUMP-themed games and TV shows, seeking to acquire a themed amusement park;7. Ark Invest reduced its Robinhood holdings by approximately $16.63 million yesterday;8. Canton CEO says the crypto industry should solidify use cases before 2028 to adapt to U.S. policy changes;9. First Digital plans to go public on Nasdaq via reverse merger at a $250 million valuation, expected to complete in the first half of 2027;10. Vitalik: The ideal security rule for multisig is to rotate signer keys after every operation;11. Galaxy Research: Some of the BTC transferred by the U.S. government to Coinbase Prime came from untagged addresses, with LuBian and Bitfinex assets accounting for 71% of holdings;12. National stablecoin USDKG ceases operations, Kyrgyzstan to liquidate issuer EVA and Coin Nomad Exchange.

Odaily News: The Kyrgyzstan government has decided to terminate the operations of its national stablecoin Gold Dollar (USDKG) and has requested the Ministry of Finance to liquidate the issuer EVA and the country's first state-owned cryptocurrency exchange, Coin Nomad Exchange. USDKG was launched in November 2025, positioned as a state-issued stablecoin backed by physical gold and pegged 1:1 to the US dollar, with a registered issuance of slightly over 50 million tokens, running on the Tron blockchain.

Odaily News: Nonprofit financial reform advocacy group Better Markets stated that the Commodity Futures Trading Commission (CFTC)'s plan to bring certain cryptocurrency trading and exchanges under its regulatory purview could give retail investors weaker protections than those under the Securities and Exchange Commission (SEC). The CFTC has solicited public comments on a framework for margin, leverage, or financing in retail crypto trading.Benjamin Schiffrin, Director of Securities Policy at Better Markets, noted that the CFTC lacks an investor protection mandate, and its statutory authority was originally designed to address fraud in leveraged precious metals trading, which does not justify making it the primary regulator of retail crypto trading. He also said the proposed framework could allow the kind of interrelated market participants that were seen as contributing to FTX's collapse.After the CLARITY Act stalled in Congress, the CFTC and SEC have continued to advance crypto policy under existing law. The CFTC plans to establish a new federal category to bring qualifying crypto trading platforms directly under regulation; the SEC, meanwhile, has proposed relaxing certain investment adviser custody rules, allowing limited tokenized trading of U.S. equities, and issuing new guidance on how securities laws apply to crypto assets. (Cointelegraph)

Odaily星球日报讯 Decrypt 宣布推出 The Information Exchange，该信息与金融网络由 Myriad 和 MYR 代币驱动，部署于 Solana。该平台将整合新闻、数据、市场价格、概率信息及直接参与功能。Myriad 将提供预测市场、现货市场、永续合约、结构化事件产品等，并接入第三方协议和交易所产品。MYR 可用于质押网络功能、获取 API 及市场数据等资源，产品将于未来数周分阶段推出，并在 Solana Breakpoint 前完成上线。（Decrypt）

Odaily News: Coinbase Markets stated that, in order to complete the migration of Coinbase International Exchange and Deribit, the platform plans to conduct approximately 1 hour of maintenance starting at 17:00 Beijing time on October 1. During the maintenance period, perpetual contract trading outside the United States will be temporarily unavailable.

Odaily News: James Comer, Chairman of the U.S. House Oversight Committee and Republican Representative from Kentucky, has expanded an investigation into insider trading on prediction markets, requesting that Hyperliquid Labs, Crypto.com, and Aristotle Exchange Inc., the operator of PredictIt, explain their identity verification procedures as well as measures to identify and prevent insider trading.In letters sent Tuesday to the CEOs of the three companies, Comer requested relevant documents and information, stating that the committee is investigating whether these platforms are fulfilling their legal obligations and taking sufficient measures to identify and stop insider trading before it occurs.

Odaily reports that Monochrome Exchange has announced the launch of its MCR IEO, having raised over 5.5 million USDT. The project was founded by Jeff Yew, co-founder and former CEO of Binance Australia, and primarily operates a cryptocurrency trading platform.