# Trenches Today — October 3, 2026

Canonical edition: https://trenchestoday.xyz/editions/2026-10-03
Published: 2026-10-03T05:03:43.194Z
Updated: 2026-10-03T05:03:43.194Z
Edition: 20261003
Revision: 1
Content hash: a7dcf86c617084e11ee591563fc7d1a9f4478a82380c74e2f1cf837402b3ffbd

> MetaMask is responding to a security incident affecting part of its infrastructure and is proactively exiting affected validators within its non-custodial staking operations as a precaution.

## Lead story: MetaMask Responds to Security Incident, Exits Staking Validators

MetaMask is responding to a security incident affecting part of its infrastructure and is proactively exiting affected validators within its non-custodial staking operations as a precaution.

- MetaMask is responding to an infrastructure security incident by proactively exiting affected validators in its non-custodial staking operations.

Original source: [coindesk](https://www.coindesk.com/tech/2026/10/01/metamask-security-incident-forces-ethereum-staking-exits-with-lido-warning-of-lost-rewards)

## Complete edition

### Ethereum & L2

#### Go-Ethereum Releases v1.17.7 With Sepolia Amsterdam Support

Topic: Ethereum & L2 · Signal: rails

Go-Ethereum released version v1.17.7, bringing support for the upcoming Amsterdam fork on Sepolia and new custom history pruning options.

Edition link: https://trenchestoday.xyz/editions/2026-10-03#story-story_2014804459d20ddef0bc
Original source: [go-ethereum](https://github.com/ethereum/go-ethereum/releases/tag/v1.17.7)

### DeFi & Stablecoins

#### Lloyds and Visa Settle $750,000 Using USDC in Cross-Border Pilot

Topic: DeFi & Stablecoins · Signal: rails

Lloyds used USDC to settle $750,000 of payment obligations with Visa during a seven-day live cross-border pilot.

Edition link: https://trenchestoday.xyz/editions/2026-10-03#story-story_dc2ff4ef0e0256d65a57
Original source: [the-block](https://www.theblock.co/news/business/2026-10-01-lloyds-visa-settle-750000-using-usdc-in-live-cross-border-pilot-417378)

### Security

#### BitMart Issues Proposal Addressing Balance Sheet Deficit and Historical Losses

Topic: Security · Signal: risk

BitMart formulated an initial indicative proposal to address its asset-liabilities position, citing a balance sheet deficit following a December 2021 hack and futures wash-trading losses.

Edition link: https://trenchestoday.xyz/editions/2026-10-03#story-story_447742d8deb386f76e81
Original source: [bitmart](https://bitmart.zendesk.com/hc/en-us/articles/56571281537051-Announcement-on-BitMart-s-Initial-Indicative-Proposal-and-Roadmap)

### Markets & Macro

#### Standard Chartered Initiates ENA Coverage With $2 Target for 2028

Topic: Markets & Macro · Signal: rails

Standard Chartered initiated coverage of Ethena's ENA token with a $2 year-end 2028 target.

Edition link: https://trenchestoday.xyz/editions/2026-10-03#story-story_1076e66350d2f6818697
Original source: [cryptoslate](https://cryptoslate.com/standard-chartered-says-ethenas-ena-could-crush-bitcoin-and-ethereum-returns-by-2028)

#### U.S. Spot Bitcoin ETFs End Inflow Streak With $149M Net Outflows

Topic: Markets & Macro · Signal: rails

U.S. spot Bitcoin ETFs experienced $149 million in outflows, ending an inflow streak, while Ethereum ETFs saw $59.6 million in net outflows.

Edition link: https://trenchestoday.xyz/editions/2026-10-03#story-story_1f0f06413d8e5a42e3c7
Original source: [the-block](https://www.theblock.co/news/markets/2026-10-01-bitcoin-etfs-9-day-3-billion-inflow-streak-comes-to-an-end-as-149-million-exits-the-funds-417384)

## Corrections

No corrections recorded for this revision.

## Use and attribution

Trenches Today is a source-linked editorial synthesis. Cite the canonical edition URL and retain links to the original reporting when referring to a specific claim.
