Important news:
- The second season of YZi Labs' Easy Residency incubation program will launch on October 6th, covering Web3, AI, and biotech.
- Binance Alpha launched Everlyn AI (LYN) and KGeN (KGEN);
- UK FCA to open retail channels for cryptocurrency ETNs on October 8
- The Federal Reserve releases the minutes of its monetary policy meeting;
- Linea (LINEA) will unlock approximately 1.08 billion tokens at 7:00 PM Beijing time on October 10th, accounting for 6.57% of the current circulating supply and valued at approximately US$29.6 million.
- Enso has opened an airdrop inquiry and pre-registration page. User registration will close on October 12th.
- Aptos (APT) will unlock approximately 11.31 million tokens at 4:00 AM Beijing time on October 12, representing 2.15% of the current circulating supply and valued at approximately $62.3 million.
October 6
Exchange:
Aster Genesis Phase 2 will conclude on October 6, with Phase 3 to include spot trading volumes
Decentralized exchange Aster announced that the second phase of Aster Genesis will conclude at 23:59 UTC on October 5th (07:59 Beijing Time on October 6th). With two cycles remaining, users can still trade and earn Rh points—4% of the total ASTER supply has been allocated for Phase 2 rewards. Phase 3 will follow shortly thereafter, incorporating spot trading points and updating the rewards structure.
Binance Alpha and Binance Futures will list Everlyn AI (LYN) on October 6th
Binance Alpha will list and open trading for Everlyn AI (LYN) at 3:00 PM (UTC) on October 6th. Additionally, Binance Futures will launch LYNUSDT perpetual contracts at 3:30 PM (UTC) on October 6th, with up to 50x leverage. All eligible Binance users will receive an exclusive Binance token airdrop. Eligible users can claim the airdrop using Binance Alpha Points from 3:00 PM (UTC) on October 6th to 3:00 PM (UTC) on October 7th via the Binance Alpha event page.
It is reported that the on-chain video platform Everlyn will launch TGE on October 6, and the token name will be LYN.
OKX announced that to support the official Kusama (KSM) network migration, the platform will suspend KSM token deposits and withdrawals at 12:00 PM Beijing Time on October 6th. The migration of the Kusama network to the Asset Hub is expected to take place at 4:00 PM Beijing Time on October 7th. OKX stated that KSM trading will not be affected during the network migration, and KSM holders do not need to take any action. Deposits and withdrawals will resume after the network stabilizes.
Project News:
USD1 will be launched on Aptos on October 6th
USD1 will receive first-day support on October 6th from several projects within the Aptos ecosystem, including DeFi protocols Echelon Market, Hyperion, Thala Labs, Panora Exchange, and Tapp Exchange. Additionally, wallets and exchanges such as Petra Wallet, Backpack, OKX, and OneKey will also offer support.
Play Solana PSG1 handheld game console will start shipping on October 6th
Play Solana announced that its first-generation handheld game console, PSG1, will start shipping on October 6th. The device will have a built-in Solana wallet.
YZi Labs' Easy Residency Season 2 Launches October 6th, Covering Web3, AI, and Biotech
The second season of the global EASY Residency program for founders will launch on October 6, 2025, and run until December 5, 2025, focusing on Web3, AI, and biotech. In partnership with BNB Chain's MVB project, the program offers up to $500,000 in investment, mentorship from top mentors, and market support. With global hubs in Dubai, San Francisco, New York, and Singapore, the program aims to empower founders to transcend geographical constraints and focus on solving real-world problems.
October 7
Exchange:
Binance Alpha to List KGeN (KGEN) on October 7
Binance Alpha will list KGeN (KGEN) on October 7th. Eligible users can claim the airdrop using Binance Alpha Points on the Alpha event page after trading opens. Detailed details will be announced separately.
October 8
Policy supervision:
UK FCA to open retail channels for cryptocurrency ETNs on October 8
The UK Financial Conduct Authority (FCA) announced it will open retail access to cryptocurrency exchange-traded notes (ETNs), stating that firms will soon be able to offer retail investors access to cryptocurrency ETNs. Crypto ETNs available to retail investors must be traded on an FCA-approved UK investment exchange. The FCA added that the ban on retail exposure to crypto asset derivatives will remain in place, and that it will continue to monitor market developments and consider its approach to high-risk investments. The changes will take effect on October 8, 2025.
Exchange:
South Korean cryptocurrency exchange Bithumb announced that it will suspend deposits and withdrawals of POL tokens starting at 5:00 PM (Beijing Time) on October 8th to support the Polygon (POL) mainnet upgrade. The Polygon (POL) mainnet upgrade is expected to take place at 9:36 PM (Beijing Time) on the same day. Bithumb stated that POL trading will remain unaffected and will continue normally during the suspension. Deposit and withdrawal services will resume once the network stabilizes, with a specific time to be announced later.
Project News:
The Base mainnet will undergo the Optimism Superchain U16A upgrade on October 8th
Base Build announced on the X platform that the Base mainnet will undergo an Optimism Hyperchain U16A upgrade from 1:00 AM to 3:00 AM Beijing Time on October 8th. This will temporarily disable pending withdrawals from the Base mainnet to Ethereum L1. Deposits and on-chain activities will continue as normal. Users must ensure all pending withdrawals are completed before 1:00 AM on October 8th.
October 9
Macroeconomics:
The Federal Reserve will release the minutes of its monetary policy meeting at 2:30 a.m. Beijing time on October 9.
Policy supervision:
The China Securities Regulatory Commission recently issued an announcement stating that after consulting with the People's Bank of China and the State Administration of Foreign Exchange, it will allow qualified foreign investors to participate in on-exchange ETF options trading from October 9, 2025, and the purpose of trading will be limited to hedging.
Project News:
According to the National Natural Science Foundation of China's official website, the third phase of the 2025 Emergency Management Project focuses on global stablecoin risk governance and a cross-border collaborative regulatory system. The project consists of an overarching theme and five sub-themes, covering the structural evolution of stablecoins, risk transmission, the impact of monetary sovereignty, shocks to financial intermediaries, and the global regulatory framework. The application deadline is 4:00 PM on October 9th. Teams will be given priority, but individual projects are also eligible for funding. Funding for each sub-theme will not exceed 200,000 yuan, with a total of 300,000 yuan for the entire project. The research period is 10-12 months.
BIT Mining Limited announced plans to change its name to SOLAI (NYSE: SLAI) to reflect its strategic transformation and in-depth investment in the Solana ecosystem. The name, a fusion of the Latin word for "sun" (SOL) and Solana's vision, symbolizes the company's focus on high-performance blockchain systems and AI-driven innovation. The company's board of directors has resolved to change its English name and stock symbol, pending approval at a special shareholder meeting on October 9th. BIT Mining recently deployed Solana validators and launched a $300 million ecosystem strategy, aiming to become a long-term contributor to the blockchain network and promote decentralization and ecosystem resilience.
October 10
Policy supervision:
The Hong Kong Securities and Futures Commission (HKMA) recently released a draft for public comment on Section CRP-1 of its Supervisory Policy Manual, "Classification of Crypto-Assets," further clarifying the Basel capital requirements for crypto-assets, which will be implemented in early 2026, and launched an industry consultation to solicit feedback from the banking industry. The manual divides crypto-assets into two groups. The first group consists of tokens pegged to traditional assets and stablecoins with effective stabilization mechanisms, which will be treated similarly to equivalent traditional assets. The second group consists of unbacked tokens, such as Bitcoin and Ether, as well as non-qualifying tokenized assets and stablecoins, which will be fully capitalized and subject to stricter treatment. The new standards will take effect on January 1, 2026, and public comment is now open to the banking industry, with the consultation deadline being October 10.
The U.S. Securities and Exchange Commission (SEC) has suspended trading in QMMM Holdings Ltd.'s shares after the company's stock surged nearly 1,000% in less than three weeks. The SEC said Monday that social media content from "unidentified individuals" recommending the purchase of QMMM shares may have manipulated the stock's price. QMMM's stock price has surged 959% since it announced earlier this month that it would establish a "diversified cryptocurrency treasury" with an initial investment of $100 million and target investments in Bitcoin, Ethereum, and Solana. The SEC said the trading halt is temporary and will expire at 11:59 PM EST on October 10.
On Monday, the SEC also suspended trading in Smart Digital Group Ltd.'s shares for similar reasons. The suspension will also expire at 11:59 PM ET on October 10. The company announced last week that it would establish a "diversified cryptocurrency asset pool," focusing on digital assets like Bitcoin and Ethereum. Since the announcement, its stock price has fallen significantly.
Project News:
The on-chain identity project Phi will hold a TGE on October 10th, with an airdrop of 9.2%
On-chain identity project Phi announced on Twitter that the PHI token will launch on the Base Network with AerodromeFi in October 2025, serving as the native token of the Phi ecosystem. The total supply of PHI is 1 billion, with a TGE scheduled for 8:00 PM on October 10th. PHI will be traded exclusively on Aerodrome and will not be listed on centralized exchanges, aiming to provide a fair market for the community. The PHI distribution plan is as follows: 18.0% to core contributors, 13.6% to supporters, 5.0% to liquidity providers, 9.2% to airdrops (over 3 years), 12.80% to community incentives (over 3 years), and 41.40% to the treasury.
TON Strategy Company (NASDAQ: TONX) has pledged 82% of its Toncoin ($TON) reserve and expects to have substantially all of it staked by October 10th to generate returns. The company stated that it has repurchased 1,505,500 shares following the $250 million repurchase plan announced on September 12th. Assuming the current $TON price and yield remain constant, the full stake could generate approximately $24 million in annualized returns, which will be used for ongoing repurchases when the TONX stock price significantly falls below its NAV. The company disclosed a TAV of $10.37 per share on September 26th, $56.6 million in cash, and approximately 61 million in total equity.
Token unlocking:
Linea (LINEA) will unlock approximately 1.08 billion tokens at 7:00 PM Beijing time on October 10th, accounting for 6.57% of the current circulating supply and valued at approximately US$29.6 million.
Babylon (BABY) will unlock approximately 321 million tokens at 6:00 PM Beijing time on October 10th, accounting for 24.74% of the current circulating supply and valued at approximately US$17.4 million.
October 11
None
October 12
Project News:
Enso, the crypto intent engine protocol, has opened its airdrop inquiry and pre-registration page. Eligible registered addresses can apply for ENSO token airdrop allocations on the mainnet. Additionally, during the pre-registration period, users can choose a pre-staking period based on different APYs. User registration must be completed by 11:00 PM Beijing Time on October 12th; unregistered addresses will lose their allocations.
Token unlocking:
Aptos (APT) will unlock approximately 11.31 million tokens at 4:00 AM Beijing time on October 12, representing 2.15% of the current circulating supply and valued at approximately $62.3 million.
Peaq (PEAQ) will unlock approximately 84.84 million tokens at 8:00 AM Beijing time on October 12, representing 5.95% of the current circulating supply and valued at approximately $10.8 million.
