Odaily: Open Standard, the governance organization behind the OpenUSD (OUSD) stablecoin, has established a management fee and equity incentive mechanism. According to its internal documents, OUSD will charge a management fee of 0.1 basis points (0.001%) on payment transaction volume, capped at no more than $0.01 per payment. Specifically, payments of $1,000 or more are subject to the $0.01 capped fee, while payments below $1,000 are charged at 0.1 basis points of the transaction amount.The management fees will be paid to Open Standard. Unlike USDT and USDC, where issuers retain interest on reserve assets, OUSD plans to distribute reserve yields to partners, with distributions made after deducting the aforementioned management fees.In addition, Open Standard will offer equity incentives based on the scale of OUSD held and circulated by partners. Partners will receive a corresponding share of the annual equity incentive pool each month based on their holdings and transaction flow, with a participation threshold of holding or meeting a scale requirement of at least $50 million, and a maximum equity stake of 5% for any single partner.OUSD is being launched with participation from companies including Stripe, Visa, Mastercard, Coinbase, and Shopify, aiming to reduce cross-border settlement costs and bring fiat currency conversion needs close to zero. Visa has also released a technical implementation and user guide of over 100 pages to help partners access OUSD through the Visa Stablecoin Platform. (CoinDesk)

Odaily reports: According to the Nasdaq official website, BNB treasury company BNB Standard Corporation (Nasdaq: BNC) held an opening bell ceremony at the Nasdaq MarketSite from 9:15 to 9:45 a.m. ET, with the opening bell rung by the company's Chief Executive Officer Alex Odagiu.The event was held to celebrate the company's rebranding and the appointment of its new CEO. BNB Standard, formerly known as CEA Industries, officially changed its name on September 29 and currently focuses on managing a BNB corporate treasury.

Odaily reports that Standard Chartered has signed a final agreement to acquire 100% equity of crypto asset custody institution Zodia Custody, with the transaction still pending regulatory approval. Under the arrangement, Zodia Custody's custody business will be integrated into Standard Chartered, while its software business will be transferred to a standalone company backed by SC Ventures, the venture capital arm of Standard Chartered. (The Block)

1. The Drift Protocol attacker who stole over $270 million has deposited another 24,885 ETH into Tornado Cash;2. Nvidia launches the OpenShell reference architecture to strengthen AI Agent operational security and hardware-level controls;3. BNB Standard will ring the Nasdaq opening bell on October 26;4. The Starknet Foundation launches the Bramble wallet, supporting the STRK20 shielding feature;5. ZachXBT: 973,000 MORPHO tokens were stolen, with one institution losing approximately $2.3 million;6. SK Hynix completes a 40 trillion won share buyback;7. A cumulative $4.05 billion worth of HYPE has been burned, with Hyperliquid repurchasing and burning 21,790 tokens in the past 24 hours;8. Appeal granted: the dispute over property rights to more than 60,000 bitcoins belonging to Qian Zhimin returns to litigation;9. Worth $25.3 million: a whale deposited 240,000 SOL into three exchanges within 24 hours;10. Nvidia launches the DSX POD AI factory to accelerate infrastructure deployment in Europe.

Odaily Report: BNB Standard (formerly CEA Industries, Nasdaq ticker $BNC) has appointed former YZi Labs investment partner Alex Odagiu as CEO, while announcing it will participate in BNB validator node operations. The company stated that Odagiu joined YZi Labs' five-person investment team in 2021, where he participated in BNB ecosystem development, BNB Chain MVB entrepreneur mentoring, and tokenized equity business. On October 26, Odagiu will join the board, management, investors, and ecosystem partners to ring the Nasdaq opening bell, commemorating the company's rebranding and management transition.The leadership change is interpreted by the market as BNB Standard shifting from governance restructuring to an execution phase. Related views suggest that after YZi Labs and the former board reached a settlement on June 23, the board now has 3 seats held by each side, with both jointly selecting a seventh independent director; Odagiu's appointment as CEO gives the BNB ecosystem side stronger influence over both the board and management. The company had previously been at a standstill with no sustained BNB purchases, and the market is now beginning to expect it to resume token accumulation and node operations.BNC's core positioning is as a U.S. equity treasury company holding BNB. Market discussion has particularly focused on its management incentive mechanism: related leaks suggest that the new CEO's compensation is tied to "net BNB holdings per share" and BNB's stock price, which could drive the company to increase BNB holdings and enhance asset value. Another set of market data indicates that BNC's stock price is approximately $5.4, while the BNB value held per share is about $7.10, with mNAV consistently below 1; supporters argue that if the discount narrows to around 1, BNC could gain more upside elasticity than directly holding BNB. Some views also compare this trading structure to GBTC, which previously traded at a discount, and regard it as one way to participate in the BNB narrative through U.S. equity channels.

According to MSX.COM data, BNB treasury company BNC, a US-listed stock, rose more than 4% in the overnight session, with its share price now at $5.30.On the news front, Nasdaq-listed company BNB Standard Corporation (ticker: BNC) announced that it will ring the opening bell at the Nasdaq MarketSite in New York's Times Square at 9:30 AM ET on October 26.

Odaily reports: Nasdaq-listed company BNB Standard Corporation (ticker: BNC) has announced that it will ring the opening bell at the Nasdaq MarketSite in New York's Times Square at 9:30 AM ET on October 26, celebrating the company's adoption of its new name and the appointment of Alex Odagiu as Chief Executive Officer on October 19. Odagiu will be joined by board members and management, with the livestream beginning at 9:15.BNC states that it holds the world's largest corporate BNB treasury and builds and operates its business on BNB Chain, with plans to run a BNB Chain validator node. Odagiu said that most institutional investors have not yet researched BNB.

According to MSX.COM data, BNC rose 15.9% in 24 hours and 5.4% in 1 hour, currently trading at 5.467 USDT.

Odaily reports that BNB Standard Corporation (BNC) has announced the appointment of Alex Odagiu as its new CEO. Alex Odagiu joined YZi Labs in September 2021, was promoted to investment partner in September 2025, was appointed as interim president and director of BNC in June 2026, and officially assumed the role of CEO on October 19, 2026; he has resigned from all positions at YZi Labs.

Odaily reports that Hyperliquid has announced adjustments to its write priority fees rules, with the changes now live on testnet, primarily affecting latency-sensitive trading users. The new rules include:Mempool priority applies only to Standard abstraction;Aside from cancellations, order placements, and order modifications, other HyperCore operations will cause the relevant account's operations to be downgraded before confirmation;Users who have previously sent CoreWriter operations directly will have their mempool priority lowered;Additionally, using IOC and ALO priority fees requires holding at least 10 HYPE in delegatable balance.