The Blockchain In Daily

Builders keep building; blocks keep ticking—on-chain time never blinks.

Prices (USD, inline):
BTC $117,381.00 🟢↑ | ETH $4,582.28 🟢↑ | SOL $246.46 🟢↑ | BNB $996.93 🟢↑ | XRP $3.12 🟢↑ | ADA $0.9145 🟢↑ | AVAX $33.28 🟢↑ | DOGE $0.2818 🟢↑ | DOT $4.54 🟢↑

Quick Index ⚡️

🇺🇸 SEC fast-tracks spot crypto ETFs with new “generic listing” rules—Solana/XRP products eyed next. 
📈 Altcoins wake up post-Fed: BNB cracks four digits as DeFi TVL hits ~$170B.
🏦 NYDFS tells NY-regulated banks to adopt blockchain analytics for AML/sanctions programs.
🇨🇭 UBS, PostFinance & Sygnum complete first binding interbank payment on a public chain.
🔧 THORChain network upgrade/hard fork scheduled today; exchanges handling the heavy lifting.
🧪 Aave V4 roadmap lands—moving to ERC-4626 share accounting and trimming multichain sprawl.

Markets

Macro & flows: post-cut pop, alt breadth improves.
Bitcoin steadied near the high-$117Ks after the Fed’s 25 bps cut, while beta rotated into majors like BNB, AVAX and DOT. CoinDesk notes BTC dominance easing as traders venture down the risk curve and DeFi TVL pushing toward ~$170B—the best since April 2022—suggesting broader participation beyond the ETF trade. For context, Economic Times also flagged BTC’s resilience around $117K into the U.S. rates pivot.

Desk read: watch ETF breadth & derivatives.
CoinDesk’s daybook highlights an uptick in open interest across select alts even as BTC perps’ cumulative OI lags price—an indicator that spot/ETP demand (and the SEC’s rule change below) could keep carrying the tape. Translation: dips may be shallow while new wrappers line up; but options skews still lean cautious into October.

Regulation

SEC opens the ETF floodgates—faster path for spot crypto ETPs.
Reuters reports the SEC approved “generic listing standards” at NYSE, Nasdaq and Cboe, letting exchanges list new spot crypto ETFs on an accelerated basis—cutting timelines from ~240 days to as little as 75. Commentary points to SOL and XRP funds among likely first movers under the framework, marking a structural shift from one-off orders to a rule-based process. Expect issuance pipelines—and liquidity—across more assets.

NYDFS to banks: adopt blockchain analytics.
New guidance from New York’s DFS extends its blockchain-analytics expectations beyond BitLicensees to state-chartered banks engaging with virtual-asset activity. The move formalizes analytics for KYC, sanctions and transaction monitoring—raising the bar for counterparties that touch crypto rails via banking relationships. Industry coverage underscores the compliance ripple effects for VASPs and fiat on-/off-ramps.

Adoption

Swiss banks run a real, binding payment on a public chain.
UBS, PostFinance and Sygnum executed what the Swiss Bankers Association called the first “binding” interbank payment using tokenized bank deposits on a public blockchain. Why it matters: it validates deposit-token rails for regulated institutions and hints at automated treasury and intraday liquidity use cases—beyond POCs—inside Europe’s banking stack.

Retail checkout goes crypto at scale (Switzerland).
KuCoin Pay announced a tie-up with DFX.swiss to enable compliant crypto payments across 100+ SPAR stores. It’s a tangible test of point-of-sale UX and regulatory plumbing in a mature retail footprint; success metrics to watch: settlement latency, refund flows and fiat conversion spreads.

Tech & Innovation

Aave V4: cleaner accounting, less sprawl.
Aave Labs published its V4 launch roadmap, shifting from rebasing aTokens to ERC-4626 share accounting (easier integrations, saner tax reporting) and consolidating away from low-usage deployments. For developers and integrators, the change reduces downstream breakage in wallets, P&L tooling and vault strategies; for users, yields show up in token value, not balance drift. (Blockworks recap; Aave forum.)

THORChain schedules upgrade/hard fork.
Binance’s notice confirms today’s RUNE network upgrade at ~16:30 UTC with deposits/withdrawals paused and trading unaffected. Expect brief settlement hiccups around the cutover and then improved stability; as usual, custodians will reopen flows once finality proves clean.

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