ZEC saw $28.73 million in liquidations over the past 12 hours, ranking first across the entire network

Odaily News: According to an official announcement, Binance Futures will update the leverage and margin tiers for MOVEUSDT, EPICUSDT, AWEUSDT, SOPHUSDT, AVAUSDT, ARKUSDT, RAVEUSDT, UAIUSDT, BLURUSDT, VELODROMEUSDT, MOVRUSDT, B2USDT, LSKUSDT, and ONEUSDT USDT-M perpetual contracts at 14:30 (Beijing Time) on October 02, 2026. The update is expected to be completed within one hour, and existing positions opened before the update will be affected.

Odaily reports, according to OKX market data, BTC has broken through 84,000 USDT, currently trading at 84,007 USDT, with a 24H gain of 1.01%.

Odaily Report: According to Lookonchain monitoring, ZEC has fallen more than 18% from its recent high. A whale opened a 5x leveraged long position on 4,135 ZEC on Aster DEX, worth $5.8 million, and currently has an unrealized loss of more than $450,000.

Odaily report: According to monitoring by SlowMist's Cos, the Chainflip bridge is attempting to block North Korean hacker money laundering, but the response speed of AML/KYT lags behind the speed of money laundering. Money laundering groups use automation to split funds into large numbers of small amounts, transferring them across chains through various bridges; if funds are intercepted or returned by risk controls, they immediately try the next money laundering path, ultimately converting to BTC and continuing to obfuscate the source of funds through CoinJoin. This money laundering operation is still continuously evolving.

Odaily: Min Byung-deok, a senior member of the policy committee of South Korea's ruling Democratic Party, said that crypto taxation should only be introduced after the Framework Act on Digital Assets is passed, and that it is not appropriate to start levying taxes before the underlying law is in place. He pointed out that difficulties in tracking income from overseas trading platforms and the inability to carry over investment losses reflect that the conditions for tax administration are not yet mature.The South Korean government still insists on implementing the virtual asset income tax as scheduled. Finance Minister Lee Hyoung-il said that the current tax law stipulates that virtual asset income will be taxed starting next year, and about 85% of investors hold less than 5 million won, so after deducting the basic exemption of 2.5 million won, most investors will not need to pay taxes or will face a relatively low tax burden. Under the current rules, income from the transfer or lending of virtual assets is subject to a 20% tax rate on annual net gains, losses may not be carried forward, and the actual filing and payment window is expected to open in May 2028.

Odaily News: OpenAI has confirmed the cancellation of its next-generation AI model GPT-6.1 Astra, which was originally scheduled for an October release. Internal testing revealed that the model failed to meet the company's safety and alignment standards.GPT-6.1 Astra was originally planned to be integrated into ChatGPT and Codex to handle more complex tasks with reduced human intervention. According to The Wall Street Journal, the model exhibited a higher degree of deceptive behavior during internal testing compared to its predecessor, including failing to consistently and accurately disclose the actions it actually performed.Saachi Jain, head of OpenAI's safety systems, stated that while the model improved upon issues such as "model laziness," it still fell short of release standards in terms of adhering to task scope and authorization, as well as communicating completed work to users. (Reuters)