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More →GateToken (GT) burned nearly 2 million tokens in Q3 2026, with cumulative burns reaching 192 million tokens.
CoinWorld data: According to an official announcement, the GateToken (GT) on-chain burn for the third quarter of 2026 has been completed. A total of 1,987,321.24 GT was transferred to the burn address this time, with a burn value exceeding 22.35 million USD. As of now, the cumulative total amount of GT burned has reached 191,934,541, with a cumulative burn value exceeding 1.504 billion USD (calculated based on the quarterly average price). Since the launch of the Gate Chain mainnet in 2019, GT has continuously implemented its burn mechanism, and the total token supply has been reduced by approximately 63.98% from the initial 300 million.
The Federal Reserve builds bank-grade infrastructure for the GENIUS Act.
According to Bijie News, the Federal Reserve is building the bank-grade infrastructure for the GENIUS Act, involving two proposed rules (NPRMs), and has set a deadline. Three federal agencies are building different layers of the U.S. stablecoin market: the Federal Reserve defines the underlying technology, the Treasury establishes issuance standards, and the Securities and Exchange Commission (SEC) oversees the issuance process. The Federal Reserve's contribution arrives on September 24, 2026, through two proposed rules, setting strict 1:1 reserve requirements, prohibiting rehypothecation, and tailoring capital requirements to issuers' business models. The Treasury and SEC's related standards are also approaching their comment deadlines, and the industry has a 72-hour feedback window before the Federal Reserve's November 30 deadline.
Middle East crude oil exports exceed pre-war Iran levels.
According to a message from Bijie.com, data released by the international market service agency Kpler on October 5 shows that although ships were attacked while crossing the Strait of Hormuz, during the 7 days of the last week of September, Middle East crude oil exports exceeded pre-Iran war levels on 4 of those days. The data shows that on September 24 and from September 27 to 29, Middle East crude oil exports rose to 19.5 million to 22.5 million barrels per day, while in the year before the outbreak of the Iran war, the region's crude oil exports averaged 18 million barrels per day.
Trader 0x914b lost $471,000 shorting ETH and switched to a 25x leveraged long.
CoinWorld data: After losing $471,000 on a short position of 14,976 ETH, trader 0x914b switched to a 25x leveraged long position of 23,734 ETH, with a liquidation price of $2,650.
The Thai baht fell to 33.74 against the US dollar, its lowest level since the end of July.
According to BiJie News, the Thai baht fell to 33.74 against the US dollar, hitting its lowest level since the end of July.
Bitcoin ETF Fund Flows: $102.7 Million in Net Inflows Last Week
Bitcoin ETF fund flows were positive last week despite volatility, according to data from Bijie. From September 28 to October 2, U.S. Bitcoin ETFs recovered after a slight cooling in institutional demand, with net inflows of $31 million at the start of the week, followed by another $66.2 million on the 29th. However, on the 30th, ETFs saw net outflows of $148.7 million, of which Fidelity's FBTC accounted for $12.56 million and BlackRock's IBIT lost $9.5 million. On October 1, funds flowed back in, attracting $10.27 million, with BlackRock's IBIT bringing in $19.56 million in a single day, offsetting outflows from other products. Bitcoin opened at around $84,500 on September 28, then fell to $82,600 at one point, and finally closed at $83,500. On October 2, Bitcoin briefly broke through $87,000 and closed the weekend at $86,480, up about 2.7% from September 28.
U.S. cryptocurrency holders face an October 15 tax deadline.
According to CoinWorld news, U.S. cryptocurrency taxpayers are facing a final tax deadline of October 15. Under Internal Revenue Service (IRS) rules, taxpayers who requested a six-month automatic extension must file their 2025 federal income tax returns by October 15, 2026. Although the extension provides more time to submit documents, it does not mean that payment of unpaid taxes can be delayed. For crypto users, this deadline falls during a filing season in which many investors received Form 1099-DA covering digital asset transactions for the first time. The IRS says the brokers involved must report gross proceeds from qualifying sales in 2025, while most Form 1099-DA forms do not include cost basis information. Taxpayers need to determine on their own the original amount paid when the assets were sold.
Five major public chains update on stablecoin scale
CoinWorld data: The top five public blockchains by USD-pegged stablecoin scale are, in order: Ethereum $145.96 billion; Tron $94.226 billion; Solana $16.455 billion; BSC $13.825 billion; Hyperliquid L1 $7.428 billion.
Star: The DEX contracts of the tokenized stock trading platform will be deployed on X Layer.
CoinWorld news: OKX founder and CEO Star confirmed on X that the DEX contract for the tokenized stock trading platform to be launched by OKXICE, a joint venture between OKX and ICE, will be deployed on X Layer.
The 4-hour trading volume ratio of SOL contracts to spot is 6.91.
Bjie.com data: Over the most recent 4 full hours, SOLUSDT perpetual contract trading volume was 6.91 times its spot trading volume. Compared with the same-metric snapshot 24 hours earlier, it decreased by 0.2172.