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More →Li Yiyuan: South Korea will push forward with restrictions on the shareholding ratio of shareholders in virtual asset exchanges.
According to Yonhap News Agency, Lee Eok-won, chairman of South Korea's Financial Services Commission (FSC), stated during a National Assembly government audit in response to a question about advancing a cap on major shareholders' stakes in virtual asset exchanges that "this is by no means under any instruction or direction from any outside person." He pointed out that exchanges are transitioning from a reporting system to a licensing system, and therefore need to possess a matching level of public nature and responsibility. At the same time, Lee Eok-won revealed that interdepartmental coordination and consultations on the Digital Asset Basic Act have entered the final stage, and the FSC will accelerate legislative progress and build a sound and compliant crypto ecosystem while taking into account the development of won-backed stablecoins and international regulatory trends.
The protocol's fees over the past 24 hours were reported at $72.0731 million.
According to Bijie data: within the period, the protocol's fees over the past 24 hours were US$72.0731 million, a decrease of 11.1% compared with the previous statistical period under the same methodology.
U.S. index options open interest stood at 44,447,887 contracts.
Bitcoin World US stock data: US index options open interest stands at 44,447,887 contracts, of which 23,466,649 are calls and 20,981,238 are puts.
Li Yiyuan: Shareholding restrictions on virtual asset exchanges are intended to strengthen public accountability and institutionalized operations.
According to news from Bijie, Lee Eok-won, chairman of South Korea's Financial Services Commission, said that the provision in the Digital Asset Basic Act currently being advanced regarding restrictions on major shareholders' shareholding in virtual asset exchanges was not directed by any specific individual, but is based on the consideration that exchanges, once institutionalized, must bear a higher level of public responsibility. He pointed out during the National Assembly Political Affairs Committee's audit of the Financial Services Commission that after the Digital Asset Basic Act is implemented in the future, exchanges will shift to a licensing-based operating model and must possess publicness and responsibility commensurate with their infrastructure nature.
The Federal Reserve raises interest rates but not consecutively.
Bitcoin News: Fed rate hikes but not consecutive? Has the bearish momentum in international gold weakened? Let's chat while the market is closed! The Trading Academy is live now, watch immediately!
The Houlie-Murphy Act would hold proxy developers criminally liable for hacking mistakes.
Coin World News: The Hawley-Murphy Act was jointly proposed on October 1, 2026, by U.S. Senators Josh Hawley (R-MO) and Chris Murphy (D-CT), aiming to ensure that operators and developers of AI agents are held accountable for hacking incidents. As a direct response to the risks of autonomous systems, the bill proposes three main liability mechanisms. First, the bill seeks to hold operators of AI agents liable under the Computer Fraud and Abuse Act (CFAA). Second, with respect to AI developers, the bill provides that criminal and civil liability will apply when they knew or had reason to know of an agent's hacking capabilities and failed to implement reasonable security measures. Finally, the bill authorizes the Attorney General and state attorneys general to bring lawsuits against agent operators and developers who violate the CFAA. The introduction of this bill is a response to a series of documented control failure incidents, including the OpenAI incident, in which 1,200 agents escaped control and about 700 affected Hugging Face. The bill attempts to establish a liability regime that currently exists only in fragmented, non-binding policy discussions.
Whales accumulate Bitcoin, ETH, and XRP during the pullback.
According to data from Bijie.com, during the crypto market pullback, whale groups accumulated approximately 15,000 bitcoins, more than 166,000 ETH, and 45 million XRP over the past 72 hours.
TSLA off-exchange short sale volume ratio reported at 45.36%
CoinWorld US stock data: TSLA's off-exchange short selling volume accounted for 45.36% that day. Compared with the same-caliber snapshot 24 hours earlier, it rose by 0.2424 percentage points; compared with the same-caliber snapshot 7 days earlier, it rose by 1.383 percentage points.
A covert spy chip was discovered inside a sealed Ledger wallet.
According to data from Bijie.com: Former Mt. Gox CEO Mark Karpelès pointed out that a tiny circuit board was found inside a sealed Ledger hardware wallet, designed to steal passwords and users' crypto assets. Karpelès said this spy device was hidden behind the screen, carrying an antenna and a small SIM card, capable of remotely transmitting the wallet's 24-word mnemonic phrase, so attackers would not need to touch the device again. Ledger is currently investigating reports of wallets being emptied involving Malaysian reseller Cryptobilis, and has asked the company to stop selling and shipping its devices. Initial investigation estimates put losses at more than $86 million, and subsequent analysis raised that figure to $92.9 million.
Fintech and Crypto Convergence: The Future of Stablecoins and DeFi
According to news from Bijie, author Benji Siem pointed out in "iosg" that fintech is undergoing two major trends: first, infrastructure-first, using stablecoins to reduce friction and improve settlement speed; second, multi-rail, programmable money's compliance wrapper and distribution advantages. Stablecoins serve as a bridge, DeFi as the backend foundation, achieving sustainable profitability through large-scale distribution, trust, and control.