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Saturday, 24/10/2026

Swell Halts swETH and rswETH Deposits and Withdrawals Pending NAV Correction

Odaily News: On Oct. 23 at 2:39 a.m. ET, Swell announced the suspension of deposits and withdrawals for its liquid staking token swETH and restaking token rswETH until net asset values return to correct levels, without disclosing a resumption timeline. On-chain data showed that at 16:48 that day, the contract reported roughly 1.203 ETH per swETH and 1.138 ETH per rswETH, about 6% and 5% higher than the normal exchange rates of 1.133 ETH and 1.082 ETH identified by Spreek, respectively. Rates on decentralized exchanges stood at about 1.089 WETH per swETH and 1.029 WETH per rswETH, both far below the contract-reported values. Spreek said that at 21:28 on Oct. 21, the admin keys of both tokens were suspected of being compromised, with net asset values inflated by up to 1% per hour without asset backing. The attacker deployed four malicious upgrade contracts capable of withdrawing about 2,513 ETH, but the transactions were not queued through Swell's multisignature. Odysseus, founder of Phylax Systems, said the incident involved BOT key misuse, with losses not yet confirmed. Railway disclosed the same day that an unauthorized third party may have read customers' encrypted environment variables. Swell said funds are safe.

Tokenization Added to SEC's High-Risk Exam Priorities for Clearing Agencies for First Time

Odaily News: The U.S. Securities and Exchange Commission (SEC) Division of Examinations released its fiscal year 2027 examination priorities on Oct. 23, listing tokenization as a high-risk area for clearing agency examinations for the first time. In the Regulation SCI section, it is grouped alongside securities tokenization, superintelligence, extended trading hours, and quantum computing as emerging trends for market system review. Examination Director Keith Cassidy said markets are evolving rapidly and examination programs must evolve in tandem; Chair Paul Atkins said examinations are an important tool for promoting compliance and protecting investors.

Iran Loses Land Trade Routes Under Pressure from the United States

According to The Wall Street Journal, Iraq and Pakistan are cutting off some important land routes in and out of Iran. Previously, U.S. naval blockades and airline sanctions had already severed most of Iran's maritime and air transport routes.Iraq has closed the Shib border crossing, and Pakistan is intercepting Iranian trucks at Gabd and Taftan, further exacerbating the economic pressure on Iran.

Address Closes SOL Long Position, Opens $10 Million SOL Short

Odaily News: According to Odaily monitoring, a certain address's contract account has accumulated profits of approximately $22.65 million. In a reversal, it closed a SOL long position of about $6.34 million and opened a SOL short position of about $10 million, with a holding size of 98,219.31 tokens.

Address: 0x469e9a7f624b04c24f0e64edf8d8a277e6bf58a5

SpaceX's $40 billion off-balance-sheet financing plan stalls in talks; new debt could hit credit rating

Odaily News: SpaceX's $40 billion financing plan, which uses a special purpose vehicle (SPV) to purchase Nvidia chips, has reportedly run into obstacles. Sources said SpaceX wants to move the related liabilities off its balance sheet to protect its own investment-grade credit rating, but recent turmoil in credit markets has pushed up industry borrowing costs, complicating negotiations over the pricing of this financing. The financing plan is expected to be split into three tranches of 144A bonds, with the subordinated portion sized at $25 billion to $30 billion, and the other two tranches at $10 billion and up to $5 billion, respectively.

SpaceX posted strong third-quarter results this year, with its AI business achieving profitability for the first time and revenue boosted by selling computing power from its Memphis data center to external AI labs and major cloud service providers. Last year, SpaceX tried to raise up to $20 billion in off-balance-sheet debt for Musk's AI company xAI, but auditors determined the transaction did not meet accounting requirements, and about $13 billion of the debt was ultimately recorded on SpaceX's own balance sheet. SpaceX Chief Financial Officer Bret Johnsen has said he is confident the company can continue to raise funds prudently while maintaining its investment-grade credit rating. (Bloomberg)

Catcher Predict: "Japan Women's Open: Ann Lee vs. Ashlyn Krueger" "Japan Women's Open: Ann Lee vs. Ashlyn Krueger" Win rate plummets 33%

According to Catcher Predict monitoring, in the prediction market Polymarket for the event "Japan Women's Open: Ann Lee vs. Ashlyn Krueger," the "Ann Lee" option in the sub-market "Japan Women's Open: Ann Lee vs. Ashlyn Krueger" experienced a drastic fluctuation in winning probability, plummeting from 52.5% an hour ago to the current 19.5% (a fluctuation of 33%). Please note the impact of relevant breaking news.

SpaceX's $40 billion financing plan has reportedly encountered obstacles: investors have begun to reassess risks

According to Bloomberg, SpaceX's proposed $40 billion AI financing plan has been reported to encounter obstacles. Sources revealed that SpaceX intends to raise funds through a special purpose vehicle (SPV) structure, which can move related liabilities off the balance sheet to protect SpaceX's own investment-grade credit rating.However, recent volatility in the credit market has complicated negotiations over borrowing costs, and investors have begun to reassess the risks associated with financing large-scale AI infrastructure projects. Currently, Goldman Sachs is leading discussions with investors, including Apollo Global Management.

Arthur Hayes: Sold Off ETH, ENA, UNI and Other Altcoins, Expects Market to Fall Before Rising

Odaily News: Arthur Hayes posted on X that his investment firm Maelstrom has fully closed its positions in ETH, ENA, UNI and other altcoins, taking profits.

Hayes believes that amid macroeconomic and geopolitical uncertainty, the crypto market may need to experience a downturn before rising again. He said he plans to stay on the sidelines for now and wait for clearer market signals before considering re-entry.

Arthur Hayes: has closed out directional trading positions, selling ETH, ENA, UNI, and other tokens

Arthur Hayes posted on the X platform that he has closed out the directional trading positions of Maelstrom, taking profits on ETH, ENA, UNI, and other altcoins.He believes that the market may need to experience a decline before it can rise again. Given the current uncertainties in the macroeconomic and geopolitical situation, he has decided to temporarily step back and wait for clear signals of risk mitigation before re-entering the market.

Milei Laments LIBRA Scandal Was Politically Exploited: 'Who Will Compensate Me for What I Endured for 1 Year, 8 Months and 9 Days?'

Odaily News: Regarding the previous LIBRA token scandal, as an Argentine judge dismissed the criminal investigation against Milei, the matter has come to a close. In response, Milei published a lengthy post on X lamenting: "Now who will compensate me for the lies, slander and defamation I endured for one year, eight months and nine days—lies, slander and defamation whose sole purpose was to tarnish my good name and honor?

Justice has once again set things in their proper place, exposing that massive political and media operation whose only goal was to undermine the authority of the presidency for the purposes of a political coup.

I celebrate the normal functioning of the institutions of the Republic, and a judicial system that was not dragged down by the clownish performances of the usual operators.

This lawsuit was politically exploited, not only by certain factions of the opposition, who believed they could overthrow us to restore their privileges, but also by other forces, such as the La Nación group and its henchmen, to extort the government in exchange for evading their tax obligations.

To the paid journalists, the mercenaries of lies, and people like Hugo Alconada Mon, Carlos Pagni, Paulino Rodríguez, Natalia Volosin, Novaresio and all the others who exploited this topic: now who will be held accountable for all the garbage you spread?

The truth always prevails in the end. Long live freedom, damn it...!!!"

Argentine Judge Dismisses Criminal Probe of President Milei Over LIBRA Memecoin Scandal

Odaily News: Court records show that Argentine federal judge Marcelo Martinez de Giorgi has dismissed, at the request of prosecutors, a criminal investigation into Argentine President Javier Milei and his sister Karina Milei related to the Libra cryptocurrency scandal. In his ruling, the judge stated that the reported events do not constitute a statutory crime and that no deception of criminal significance could be substantiated.

In February 2025, following Trump's issuance of TRUMP, Argentine President Milei posted on X about the newly issued Libra, saying it would be used to fund small businesses and startups, and shared a purchase link, after which the token's price rose rapidly. Hours later, Milei deleted the post, Libra's price plummeted, and most investors lost the majority of their funds. He had previously denied promoting the token, saying he acted in good faith, and has not yet responded to the news of the dismissal. (BBC)

Franklin Templeton's XRP Ledger Fund Reaches $200 Million After $150 Million Share Issuance

Odaily News: Franklin Templeton issued approximately $150 million in tokenized money market fund shares on the XRP Ledger on Thursday, bringing the total related shares on the network to nearly 193 million. At $1.039 per share as recorded in transaction records, the shares are worth approximately $200 million in total. The new shares were issued through two subscription transactions of $75 million each, both transferred to the same wallet, which now holds all of the fund's shares on the XRP Ledger. On-chain records show that the wallet shares the same eight authorized signer addresses as Franklin Templeton's issuance account, with any two addresses able to jointly approve transactions. It remains unclear whether the wallet represents a single investor or is held by a custodian pooling assets for multiple clients; the identity of the investors and the source of funds have not been disclosed. The tokens correspond to shares of Franklin Templeton's Singapore-registered OnChain U.S. Short-Term Money Market Fund. The fund primarily invests in short-term U.S. dollar debt and money market instruments, with returns reflected in the share price. The fund's tokenized assets on the XRP Ledger rank second in size only to Ripple's RLUSD stablecoin. Holding the tokens requires issuer approval, and the issuer also retains the authority to freeze balances and recover tokens.

Statement: Odaily Unaffected by DarkSword Attack, App Not at Security Risk

Odaily News: Yesterday, BlockBeats suffered a cyberattack that caused abnormalities on its website. Meanwhile, some Odaily App users received security alerts from Apple's system, leading to market misunderstanding that Odaily was also affected by the attack.

We hereby formally state: Odaily was not affected by the DarkSword attack, and the App was not impacted by this security incident.

The actual reason is that the Odaily App was temporarily removed from the App Store last week due to issues related to our Apple developer account. We have communicated with Apple and are working to resolve the issue; the new version is currently under review and in the process of being relisted. Due to a large backlog in App Store reviews recently, the update and relisting are expected to be completed next week.

It is important to emphasize that this removal is an operational matter arising from adjustments to our own developer account entity, and is unrelated to regulatory policies, business compliance, App content, or platform security.

The alerts some users received were notifications from Apple's system regarding the app's status, and are unrelated to the DarkSword attack or any security issues with the Odaily App itself. The proximity in timing of the two events caused unnecessary misunderstanding.

The Odaily App is currently operating normally, and existing users can continue to use it as usual. This incident does not involve any security issues for Odaily or any security risks caused by the DarkSword attack.

We thank our users and partners for their attention and trust. We will promptly share updates on the App's relisting and update progress.