Updated: October 10, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Thailand to allow Bitcoin and Ethereum ETF trading B3 plans to launch a securities tokenization platform in 2027 XRP Ledger activatesUpdated: October 10, 2026, 09:30 (UTC+8) | Author: MEXC Headlines Thailand to allow Bitcoin and Ethereum ETF trading B3 plans to launch a securities tokenization platform in 2027 XRP Ledger activates
Learn/Featured Content/MEXC On-Chain Daily Report: Thailand to Allow Bitcoin and Ethereum ETF Trading

MEXC On-Chain Daily Report: Thailand to Allow Bitcoin and Ethereum ETF Trading

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Oct 10, 2026MEXC
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Updated: October 10, 2026, 09:30 (UTC+8) | Author: MEXC

Headlines

  • Thailand to allow Bitcoin and Ethereum ETF trading
  • B3 plans to launch a securities tokenization platform in 2027
  • XRP Ledger activates institutional permission delegation
  • Over 1.9 million tokens launched across four major chains in September
  • Base says tokenized stocks will lead the tokenization supercycle

Industry Updates

StarkWare Verifies Quantum-Safe Bitcoin Locking Scheme on Mainnet Without a Soft Fork, but It Is Not Yet Suitable for Large-Scale Use

According to Odaily Planet Daily, StarkWare researchers have verified a quantum-safe Bitcoin locking mechanism known as QSB on the Bitcoin mainnet without requiring a soft fork, new opcodes, or changes to consensus rules. The first related output was spent on August 26, 2026, in Bitcoin block 964,199, while the required GPU computation cost has fallen from about $320 to around $50. However, the scheme still requires substantial computation, and moving assets into it still relies on conventional transactions that may face quantum-related risks. It also lacks supporting wallets, address formats, and recovery procedures, so it currently remains an emergency research solution.

Unichain to Migrate to OP Enterprise, With Testnet Migration Set for October 13

According to Odaily Planet Daily, Unichain announced that it will migrate to OP Enterprise in preparation for native interoperability across OP Stack chains. Once the interoperability feature goes live, users will be able to move assets between OP Stack networks without relying on conventional cross-chain bridges, with ETH expected to be supported first. The Unichain testnet is scheduled to migrate on October 13, while the mainnet migration is planned for late October. The transition is expected to strengthen native interoperability within the OP Stack ecosystem and reduce additional bridging steps for users moving assets across chains.

Evernorth Completes SPAC Merger With Armada Acquisition Corp. II

According to Odaily Planet Daily, Ripple-backed XRP treasury company Evernorth has completed its business combination with SPAC Armada Acquisition Corp. II, bringing approximately 473 million XRP and $300 million in cash proceeds into the public market. An 8-K filing submitted by Evernorth to the U.S. SEC shows that the transaction closed on October 9, U.S. Eastern Time. The company is expected to begin trading on Nasdaq next Monday under the ticker XRPN. The transaction further connects the XRP treasury model with public capital markets, creating an additional route for institutions to gain XRP-related exposure through a listed company.

Robinhood Chain Evaluates Arbitrum’s Updated Paid Transaction Ordering Technology

According to CoinDesk, Robinhood Chain is evaluating an improved paid transaction ordering mechanism developed by Arbitrum. The technology allows transactions that pay additional fees to receive priority in ordering. Robinhood Chain currently uses a first-come, first-served transaction ordering model and has not adopted Arbitrum’s earlier Time Boost version. If implemented, the new mechanism could change how on-chain orders are executed and prioritized, potentially affecting high-frequency trading, arbitrage, and MEV-related strategies. The technology remains under evaluation, and no implementation timeline has been announced.

TruGolf Holdings Completes Acquisition of Polymath Research, Expanding Into Institutional Asset Tokenization

According to Odaily Planet Daily, Nasdaq-listed TruGolf Holdings has completed its acquisition of Canadian asset tokenization company Polymath Research Inc., which will operate as a wholly owned subsidiary. Polymath develops Polymesh, a Layer 1 blockchain designed for regulated assets. As of December 31, 2025, the company had issued more than $132 million worth of tokenized assets for over 65 active issuers and had more than 50 ecosystem partners. The two companies also plan to launch equipment-lease tokenization and fractional franchise ownership projects in the first quarter of 2027.

Blockchain.com Seeks U.S. Approval for Prediction Markets and Crypto Derivatives Trading

According to CNBC, Blockchain.com has applied to the U.S. Commodity Futures Trading Commission for Designated Contract Market and Futures Commission Merchant licenses, seeking to offer event contracts and crypto derivatives to U.S. users. Blockchain.com already provides prediction-market access to some international users through Polymarket and supports perpetual contracts through Hyperliquid. As prediction markets gain momentum, companies including Crypto.com, Gemini, and Coinbase are also expanding into related businesses, signaling broader competition among crypto platforms to add derivatives and event-based trading services.

Network School Raises New Funding at a $2 Billion Valuation, Led by Polychain Capital

According to Odaily Planet Daily, Network School has completed a new funding round led by Polychain Capital, with participation from Andreessen Horowitz (a16z), Coinbase, Balaji, and others. The size of the round was not disclosed, while the project was valued at $2 billion. Polychain Capital founder and CEO Olaf Carlson-Wee announced the financing at the Network State conference. The round shows continued interest from crypto-native investors in long-term experiments involving network states, community infrastructure, and emerging forms of digitally coordinated organizations.

South Korea Proposes Reporting for Crypto Payments Above $50,000, Exchanges to Retain External Wallet Addresses for Six Years

According to Edaily, South Korea’s Ministry of Economy and Finance has issued an administrative notice on amendments related to the Crypto-Asset Reporting Framework, proposing that domestic crypto asset service providers retain external personal wallet and overseas wallet addresses for six years. For purchases of goods or services using crypto assets, transactions of $50,000 or more would require both the paying customer and the receiving merchant to be included in reporting. The proposed changes are designed to align with the OECD’s CARF framework, which is set to take effect on January 1, 2027. South Korea has also identified 55 participating jurisdictions for cross-border crypto tax information exchange.

MEXC Market Heatmap

Data Note: Based on real-time MEXC market data recorded before 09:30 (UTC+8). Figures may subsequently change with market fluctuations.

Top 24H Gainers: KRAFT/USDT (+40.14%), GTT/USDT (+31.00%), MAGIC/USDT (+30.85%)
Top 24H Trading Volume: BTC/USDT (281.527M), ETH/USDT (175.563M), USDC/USDT (106.501M)
Trending Meme Tokens: INU/USDT, PRIORS/USDT, NEARLY/USDT

On-Chain Calendar

High-Risk Token Unlocks

  • Movement/USDT [10-09 22:39] Unlock: $1.51m USDT, 3.66% of circulating supply, short-term sell pressure: High
  • Delysium/USDT [10-10 16:20] Unlock: $212,201 USDT, 1.32% of circulating supply, short-term sell pressure: Medium
  • Magic Eden/USDT [10-10 22:39] Unlock: $494,224 USDT, 1.12% of circulating supply, short-term sell pressure: Medium
  • Aptos/USDT [10-12 07:14] Unlock: $8.43m USDT, 1.3% of circulating supply, short-term sell pressure: Medium
  • Pump/USDT [10-12 10:16] Unlock: $42.16m USDT, 1.48% of circulating supply, short-term sell pressure: Medium

Key Macro Events

  • Oct 10, 00:00 — Russia | Inflation Data [Inflation changes may affect local rate expectations and ruble capital flows]
  • Oct 10, 04:00 — United States | Federal Reserve | Collins Speech [Policy signals may affect Treasury yields and dollar-denominated risk asset pricing]

Security Alert

Recently, users should remain alert to “rug pull” schemes involving hidden token allocations, misleading liquidity promises, and concentrated token selling by project teams. The U.S. Department of Justice disclosed on October 7 that the creator of Kishu Inu had been indicted, with prosecutors alleging that material misrepresentations were made to investors while large amounts of tokens reserved at the project’s creation were secretly sold, allegedly causing approximately $9 million in losses. Before participating in newly issued tokens, users should carefully review team holdings, token allocation, liquidity-lock arrangements, and movements by large addresses rather than relying solely on rising market capitalization or social media promotion. If team-controlled addresses repeatedly transfer tokens to exchanges, liquidity is suddenly withdrawn, or contract permissions remain highly concentrated, users should consider reducing their risk exposure.

MEXC Chain Observation Daily, updated daily, strives to provide professional, timely, and in-depth market analysis for cryptocurrency practitioners. Welcome to share and subscribe.
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Risk Warning: The content of this article is for reference only and does not constitute any investment advice. The cryptocurrency market is volatile, please make a cautious decision based on your own situation.


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