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Here's a quick preview of today's content: Near Intents hacked for $3.8M, New York and Wyoming coordinate crypto oversight, World Liberty launches WLFI staking, SEC proposes rules for crypto fund advisors, Illinois delays crypto tax, and so much more

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It's finally Friday - Let's dive in.

Market Snapshot

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• Bitcoin kicks off the new quarter as rates drop ahead of Friday's jobs report

  • BTC ETFs' 9-day, $3B inflow streak comes to an end as $149M exits the funds, capping a Q3 that drew $6.34B

  • BTC rose nearly +43% in Q3 as U.S. bond yields drop from new 24-year highs

• Crypto lost $1.26B to hacks during the quarter even as bulls enjoyed a monster run

Prediction Markets

• What will the Fed decide to do about rates this month?

• Deposit $10 and get a $20 bonus with code LIT on signup, only on the Polymarket US app

Headline Roundup
^{_{The major headlines driving crypto markets}}

• Another Trump memecoin dinner advertised for investors (CD)

• Binance questioned over operations in Europe without license (BBG)

• Illinois delays crypto tax (DC)

• OpenAI fires three researchers over leak (DC)

• SEC proposes rules for crypto fund advisors (DC)

• Citi lifts bitcoin target to $113K (DC)

• Block launches campaign for people to spend bitcoin (BM)

• Peter Todd joins MARA to lead Slipstream (BM)

• Stablecoins can drain from banks at lightning speed (CT)

• Judge dismisses LIBRA and M3M3 class action (TD)

• Robinhood Wallet integrates Arcus system (TB)

• Onchain perps close execution gap with CEXs (TD)

• Stablecoin treasury growth offsets China's retreat (TD)

• Ethereum reward proposal pulled from upgrade (TB)

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M&A Announcements

• XRP treasury Evernorth merges with Armada Acquisition Corp. II (DC)

Launches

• World Liberty launches WLFI staking (TD)

• 21bitcoin pays interest on idle euros (BM)

Regulation

• Republican Senator releases crypto tax plan (BM)

• New York and Wyoming coordinate crypto oversight (CT)

• Hyperliquid and Circle press EU on stablecoin reserves (TB)

• 11 games in EU under virtual currency crackdown (DC)

Cybersecurity

• Near Intents hacked for $3.8M (DC)

• MetaMask security incident forces staking exits (CD)

• CertiK tallies $766.4M in exploit losses (TD)

Extra Reads

• Every few months a headline warns quantum computers will crack Bitcoin, but no quantum machine today can out-compute a clever six-year-old, there's no evidence a code-breaking one arrives within a decade - Here's the case that quantum isn't coming for your Bitcoin

• Five years ago Robinhood and AMC were the twin faces of the meme-stock era; now their CEOs are at war over tokenized stocks, with AMC's calling Robinhood's version "vile" - Here's the fight over whether your tokenized stock owns anything

Chart of the Day

Total market cap of onchain tokenized stocks hits record $3.5B

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*DISCLAIMER: Investment advice provided by Autopilot advisers LLC, an SEC registered investment advisor. Past performance does not guarantee future results. Investing carries risks including the risk of the loss of principal. Performance doesn't include fees. See more here.