🕵️ ZachXBT infiltrates Chinese crime syndicate

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BTC $86,233 (0.2%) | ETH $2,710 (-0.1%) | SOL $120 (-0.2%)

• ZachXBT says he infiltrated a Chinese crime syndicate that laundered more than $1 billion for Lazarus Group

• OpenAI is in talks with UAE funds, including MGX, for a $30B-plus round at a $1.4T pre-money valuation

• The US Treasury withdraws two proposals targeting unhosted wallets and crypto mixing

• Solana launches an open-source DvP program for institutional trade settlement with J.P. Morgan input

• Ondo Finance launches tokenized notes tied to private tech companies, starting with a pre-IPO AI firm

• S&P Global Ratings launches a risk assessment framework for onchain lending vaults as sector deposits reach $10 billion

• Strategy bought 334.3 BTC worth about $29 million — Posts its first quarterly profit in four quarters as Bitcoin rally drives $21 billion Q3 gain

• OKX launches OKX Money, a stablecoin app where qualifying USDG balances earn up to 10% APY — Raises capital at a $25B valuation

• Chainalysis finds wallets sending P2P stablecoin transactions in China grew 43x from Q1 2024 to Q2 2026

• Moonshot AI closes final private round at $50 billion valuation targeting a Hong Kong IPO in early 2027

• DeepSeek is close to securing at least $12 billion ahead of planned early 2027 IPO

• Stripe plans to expand stablecoin cards to over 100 countries by year-end

• DeFi Development Corp adds about 26,203 SOL between Sept. 28 and Oct. 2, reaching roughly 2.56 million SOL

• Tech billionaires drive all 2026 gains on Bloomberg Billionaires Index as non-tech members lose a combined $62 billion

• CFTC reportedly proposes its first formal crypto market rules, replacing enforcement-only approach with new CTX and CAM regulations