Micron Technology's earnings per share are expected to grow by 940%, possibly surpassing Nvidia

Swiss Central Bank member Tschudin stated that the establishment of digital currencies should not limit the execution of central bank functions, and the low correlation between stablecoins and the dual financial system makes the transmission of monetary policy more difficult.

The US CFTC has submitted two regulatory proposals to the White House Office of Information and Regulatory Affairs: a proposed rule to explicitly include event contracts in the definition of swaps, and a temporary final rule to exclude casino style gambling products from the definition of swaps. (Source: The Block)

Ostium has released a compensation plan for the July 15th attack, which resulted in approximately $23.75 million being withdrawn from the Ostium Liquidity Pool. Currently, $649967 million has been recovered. Ostium identified 3666 affected wallets, of which 3321 wallets can receive full compensation through the first phase scheme. Users with losses not exceeding 1000 USDC can directly receive an equal amount of USDC. Users with losses exceeding 1000 USDC can choose to receive 1000 USDC or participate in the second phase of the proportional recovery plan. The specific arrangements for the second phase will be announced before October 30th.

Open Standard launches stablecoin OUSD, allowing businesses and developers to build financial services and products based on OUSD. OUSD is issued by Bridge, a subsidiary of Stripe, with reserve assets held by BlackRock, Lead Bank, and Bank of New York Mellon. Reserve certificates are issued monthly. Enterprises can access OUSD through Mastercard, Stripe, and Visa stablecoin platforms, and Coinbase will support it from October 1st. Each access method supports 1:1 free minting and redemption. OUSD natively supports Base, Ethereum, Solana, and Tempo networks, and will be launched on Coinbase, Kraken, and Uniswap.

Senate Majority Leader Thune has stated that Congress may raise the debt ceiling after the midterm elections.