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The founder of Liebit Mining Pool, Jiang Zhuoer, stated that he has repurchased 75% of his BTC position at the price of $82,789 (previously sold at $86,789 and $84,460). He anticipates a rebound in the near term, reasoning that the market "cannot keep falling, and there are many buyers."At the same time, he mentioned that he has not used leverage in recent months, accumulating a coin-based profit of 35.1% and a USD-based profit of 98.6%.

Infrastructure Capital Advisors is optimistic about the U.S. 10-year Treasury bond, expecting the Federal Reserve will only raise interest rates once more. The agency's CEO pointed out that a single rate hike aligns with the Federal Reserve's "dot plot," which is less than market expectations. It is anticipated that the yield on the U.S. 10-year Treasury bond will stabilize around 5%.

Digital Asset co-founder and CEO Yuval Rooz stated at the Token2049 conference in Singapore that the crypto industry should leverage the current regulatory environment to accelerate institutional adoption, believing that the widespread use of blockchain will make it harder for future governments to reverse industry progress. He compared this opportunity to Uber and Airbnb, stating that both companies had established themselves before policymakers effectively restricted them, saying, "By the time people react and decide to legislate against these companies, it will be too late."Rooz indicated that the industry should ensure blockchain is widely used so that no matter what happens in 2028, "there is no turning back." The next U.S. presidential election is scheduled for November 7, 2028, which may bring changes in government and regulatory priorities. This statement comes in the context of the CLARITY Act failing to advance in the Senate procedural vote in September, while the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have been advancing crypto regulation based on existing authority.In the same Token2049 panel discussion, Binance co-CEO Richard Teng expressed hope that the CLARITY Act could still become law, believing that legislation could prevent regulatory backtracking and encourage institutional entry, calling the possibility of reversing current progress the industry's "greatest fear." Franklin Templeton CEO Jenny Johnson stated that legislation would provide greater certainty, but the industry should not rely on the passage of the CLARITY Act, as the SEC and CFTC are already working to provide regulatory clarity to sustain innovation and institutional adoption.

The cryptocurrency card platform BasedApp disclosed a data breach, where unauthorized parties accessed its internal operating system, resulting in the exposure of customer KYC data. The leaked information includes names, dates of birth, nationalities, addresses, passport or Singapore National Registration Identity Card numbers, email addresses, phone numbers, and associated wallet addresses.

Alibaba Chairman Joe Tsai stated that open-source AI is the best way for Europe to reduce its dependence on American and Chinese technology and to establish technological autonomy. He urged Europe to build its own computing infrastructure for training and running AI models, stating that no country would want to fully trust another country's technology, as a change in government or circumstances could lead to the cutting off of technology supplies.Joe Tsai added that Europe has not fully utilized its AI researchers, as these talents often become targets for recruitment by laboratories in the United States and China. He called on Europe to focus on using proprietary industrial data to train artificial intelligence models for competitive advantage, citing Chinese manufacturing as an example, stating that Chinese factories possess valuable manufacturing data that could be highly valuable for training models. He also expressed optimism about the emergence of new cloud service providers in Europe in recent years, specifically professional cloud computing companies equipped with AI chip data centers.

According to The Block, on October 7, Samsung announced that Samsung Wallet and Samsung Pay will support USDC transfers on Solana for cross-border remittances, covering 82 million Galaxy devices in the U.S. starting from the last week of October. This feature is built into Samsung Wallet and includes fiat withdrawal and recharge channels, rather than being a standalone crypto application.Users can send USDC to compatible external wallets, with the infrastructure of Solana and Sui running in the background, and the underlying framework collaborating with the U.S. licensed stablecoin custodian Bastion. Samsung does not charge transfer fees, but the receiving wallet or exchange may charge fees. The wallet also supports transfers to qualified bank accounts in over 60 countries, with funds arriving in the recipient's local currency.Coinbase will host USDC in Samsung Wallet through Coinbase Prime. Samsung plans to expand this service to more markets, provided it complies with local regulatory requirements.

According to Jinshi reports, Citigroup analysts stated in a research report that driven by strong demand for AI computing power, the potential growth space for AI intelligent entities, and the rise of co-packaged optical network cycles, TSMC's revenue growth rate is expected to remain above 40% before 2027.The analysts noted that considering the expected acceleration in growth for most AI chip customers, including Nvidia, AMD, and Broadcom, TSMC's AI-related revenue growth rate next year may nearly double. Therefore, Citigroup expects the market to continue to raise its earnings expectations for TSMC. Citigroup also pointed out that supported by a strong revenue outlook, TSMC's capital expenditures may further rise to $81 billion in 2027 and $90 billion in 2028, maintaining a buy rating and raising the target price from NT$3,800 to NT$4,000.

According to The Block, Standard Chartered Bank's Singapore branch plans to provide custody services for specific crypto assets, stablecoins, and tokenized real-world assets to institutional investors.The bank stated that this service will expand its existing crypto asset custody business, which currently covers the UAE, Luxembourg, and Hong Kong.

According to Galaxy Research, a certain Satoshi Nakamoto era address transferred 100.02 BTC (worth 8.55 million USD) after being dormant for 16 years, address: 1J3A7HovGXxK1GoCGMJpXGKa5sSwCrNHJ3.David Hoffman, founder of Bankless, stated that this transfer may be intended to prepare for quantum attacks.

According to a report by Phoenix Technology citing Bloomberg, former ByteDance intern Tian Keyu has secured nearly $30 million in funding from firms such as Five Sources Capital and IDG Capital, with a post-investment valuation of $200 million. The funds will be used for a startup that is still in stealth mode, competing in the field of world models against AI researchers like Fei-Fei Li.In 2024, during his internship at ByteDance, Tian Keyu was accused of disrupting model training and causing resource waste by writing and altering code due to dissatisfaction with team resource allocation. ByteDance filed a lawsuit seeking 8 million yuan in damages and stated that the intern had been dismissed, while also claiming that online reports of "involving over 8,000 cards and losses exceeding tens of millions of dollars" were grossly exaggerated. The court ruled that Tian Keyu must pay 500,000 yuan for breach of contract and confiscated his entire salary. Tian Keyu stated that he had closed another intern's program to free up computing power, admitted to inappropriate behavior, but described it as "acting on behalf of justice," and expressed that he would take a wiser approach if given another chance.Tian Keyu completed his master's degree at Peking University last summer and is the first author of one of the best papers at NeurIPS 2024. His lab currently has no name or products, with a team of about 10 people, including other former ByteDance employees. He claims to have created a dictionary containing about 200,000 symbols that are unrecognizable to humans for processing videos and plans to input 100 million hours of video into the model, stating that this technology could reduce the cost of generating one second of video by at least an order of magnitude, with plans to showcase it through offline events before the full model release in 2027. As of the time of publication, a ByteDance spokesperson had not responded to inquiries about the dismissal, while representatives from Five Sources Capital and IDG Capital confirmed the investment but did not comment further.

According to a report by Reuters, reprinted by Nikkei Asia, the union representing employees at Micron Technology's Taoyuan plant in Taiwan announced on Wednesday that it has obtained authorization for a strike, with the focus of the dispute being the company's bonus plan. The union stated that 1,994 members voted in favor of the strike, accounting for 99% of the voters, while details such as the timing of the strike are still under discussion. Micron has approximately 15,000 employees in Taiwan, with independent unions in Taoyuan and Taichung, and the two unions together represent over 80% of Micron's employees in Taiwan. Micron Taiwan is the company's largest manufacturing base.Taiwan is a key production site for Micron's DRAM and high-bandwidth memory, with related chips being important components for AI servers. Mediation with the Taoyuan union did not reach an agreement in September, and the Taichung union is still in negotiations. In September, Micron announced that it would distribute bonuses for the fiscal year 2026 to over 60,000 employees worldwide, stating that the company had experienced an "extraordinary year," with Taiwanese employees receiving a cash bonus of 1 million New Taiwan Dollars, approximately 31,400 US dollars. The Taoyuan union stated that the plan did not address the request for a permanent profit-sharing mechanism and criticized Micron for announcing the bonuses without first reaching an agreement with the union during the mediation period.

Sherwood Protocol published an introduction to its agent fund platform on the X platform. On this platform, agents can express strategies as on-chain operations, including configuring tokenized stocks through Uniswap, providing funding to earn yields through lending protocols like Morpho, opening perpetual contract positions on Lighter.xyz, and issuing tokens through SushiSwap to publicly list the fund.The platform can work with commonly used agents like bot and Muse, allowing users to describe market views in natural language for agents to execute. Sherwood states that its goal is to provide a capital layer for agents to publicly validate strategies, with all strategies being transparent and auditable. Currently, only whitelisted wallets are allowed to create funds, and only fund owners can propose strategies, with deposits limited to their own treasury. The first batch of fund creators will join next week. Users can apply for early access through a waiting list.

New York startup Vest Labs announced the completion of a $13 million seed round financing, which closed in July this year, led by Portal Ventures, with participation from individual investors including Citadel Securities, BlackRock, and KKR executives.Vest was co-founded by University of Pennsylvania dropout Justin Ma, Rikuya Takatsu, and Maximilian Tsiang. The platform allows qualified traders to use company funds to trade perpetual futures contracts around the clock, with traders able to receive up to 80% of the profit share, differentiating itself from traditional proprietary trading firms that charge users for simulated account fees. The company plans to use the funding to develop a mobile application, expand its 22-person team, and broaden the range of tradable asset classes.

On October 7, at a meeting of the Hong Kong Legislative Council, legislator Chan Chun-ying raised a written inquiry regarding the regulation of emerging payment platforms. The Acting Secretary for Financial Services and the Treasury, Chan Ho-lam, provided a written response. The inquiry pointed out that in recent years, new aggregation payment platforms have emerged, reaching out to small merchants with low fees and "buy now, pay later" methods. Some platforms have reported overdue payments and false entries, and there are platforms that are registered only as financial technology companies, without obtaining financial licenses, and have not disclosed their partner organizations or operational status.Chan Ho-lam stated that the government and financial regulatory agencies continue to monitor emerging payment models and take enforcement actions within the statutory framework. After consulting the Monetary Authority and Customs, from January 2024 to September 2026, the Monetary Authority received 16 complaints regarding the suspected unlicensed issuance or operation of stored value payment tools. After investigation, one was substantiated, and the complainant did not report any financial loss. The Monetary Authority is following up with the relevant companies.The response pointed out that the Monetary Authority regulates stored value payment tools under the Payment Systems and Stored Value Facilities Ordinance. Unless legally exempt, issuing or operating without a license in Hong Kong is illegal. Money services that operate currency exchange and cross-border remittances must apply for a license from Customs unless exempted. Non-bank institutions providing "buy now, pay later" services involving loan activities must apply for a money lender license under the Money Lenders Ordinance. Cases suspected of being unlicensed or non-compliant are handled by the Monetary Authority, which may collaborate with other regulatory agencies or refer to law enforcement departments.

OpenAI released its first report on teen usage on Wednesday, stating that teenagers use ChatGPT for an average of less than 15 minutes a day, with less than 2% using it for more than 3 hours continuously. The company noted that in conversations where break reminders appeared, nearly half of the users chose to take a break or ended the conversation within 5 minutes.OpenAI launched ChatGPT for Teens in August. This mode automatically activates based on age information or when it estimates the user is under 18, providing parental controls and limiting discussions on sensitive topics. The company stated that users of the teen version sent more education-related messages and used tools like learning visualization and Study Mode, and are considering adding learning features such as college application planning, flashcards, and quizzes.The nonprofit organization Common Sense Media reported on the same day that ChatGPT for Teens often notifies parents late or not at all when teen accounts discuss suicide, self-harm, or eating disorders. This study was based on more than a dozen accounts created for testing and found that the chatbot does not reliably suggest crisis hotlines or professional help. An OpenAI spokesperson stated that the test does not accurately reflect the actual operation of protections, and due to safety and scale reasons, the association of parents with teen accounts and safety reminders may take several hours to take effect.

Cailian Press, October 8, 2026, reported that the RTX Spark, equipped with NVIDIA chips, officially opened for pre-sale on the same day. Also unveiled was the NVIDIA DGX Station for Windows preview version, the first desktop AI supercomputer designed specifically for Windows enterprise desktops.At the Microsoft launch event in San Francisco on Wednesday, NVIDIA CEO Jensen Huang and Microsoft CEO Satya Nadella announced a collaboration plan to optimize the native operation of AI intelligences on the Windows PC platform through hardware and software synergy. Jensen Huang stated that NVIDIA's establishment relied on the Windows ecosystem, and now the era of AI intelligences has officially landed on the Windows platform.

Kaiko and Upbit recently jointly released a report showing that the Korean won accounts for about 25% of the global fiat-denominated cryptocurrency trading volume, second only to the US dollar (approximately 48.70%). On Upbit, a market buy order of 10 million Korean won typically has slippage between 0.005% and 0.02%.The report points out that the South Korean market still primarily relies on fiat-native trading, with KRW trading pairs dominating trading activities. Stablecoins like USDT and USDC are more often used as assets traded against the Korean won rather than as the primary settlement medium. South Korean exchanges are deeply integrated with the banking system through real-name accounts and KYC, allowing users to directly withdraw and deposit in Korean won, reducing the demand for stablecoins as tools for withdrawal and deposit.The report believes that the opportunities for Korean won stablecoins lie in on-chain settlement, cross-border payments, and DeFi scenarios, and may help narrow premiums by improving the efficiency of value transfer across markets. However, adoption still depends on regulations, reserve standards, redemption rights, and exchange integration.

The decentralized exchange Orca based on Solana has announced a merger with the lending platform Loopscale, with the new entity named Formation. After the merger, the team will be led by Loopscale co-founder Luke Truitt as CEO. Formation plans to combine Orca's trading infrastructure with Loopscale's lending and investment vaults to provide a one-stop path for emerging assets from issuance, financing to trading.The company aims to extend from crypto trading and lending into capital-intensive fields such as AI, energy, robotics, and defense. Truitt stated that the pace at which the frontier economy creates new business models and financing demands is faster than the evolution of traditional market infrastructure. Formation claims that traditional financing is too costly for smaller-scale transactions and plans to reduce costs and eventually connect to regulated U.S. capital markets. In the coming year, Formation will launch tools and new investment strategies aimed at asset issuers and has already partnered with Figure, Shinhan Asset Management, Superstate, R3, and Securitize to promote asset tokenization and distribution.Christopher Montagano from Orca will serve as Formation's Chief Strategy and Legal Officer, stating that mere liquidity is not enough to scale assets. Both parties confirmed that the existing agreements will still form the basis for the ORCA and xORCA token networks, and the financial terms of the merger have not been disclosed.

According to The Wall Street Journal, Broadcom (AVGO.O) is customizing AI chips for OpenAI and is seeking over $50 billion in financing.