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U.S. Secretary of Defense Lloyd Austin announced that SpaceX CEO Elon Musk will lead the Pentagon's "Meridian Project" alongside Anduril founder Palmer Luckey and former House Speaker Newt Gingrich, to study the future of warfare and next-generation military capabilities. The project is expected to deliver final results within 120 days.

According to a report by Reuters, informed sources revealed that the prediction market platform Kalshi is in deep negotiations for a new round of financing of approximately $1 billion, with a valuation of about $40 billion, led by Sequoia Capital and Wellington Management, with participation from Tiger Global Management and Dragoneer Investment Group.In May of this year, Kalshi completed a $1 billion Series F financing, with a valuation of $22 billion.

According to CoinDesk, Open Standard CEO Zach Abrams stated that the company is not an alliance where decisions are made collectively by hundreds of participants. The daily operations of the company are managed by the management team, and a smaller group of founding partners holds ownership and governance functions, while other partners are rewarded based on their contributions to driving the supply and trading activity of OUSD.Coinbase, Mastercard, Shopify, Stripe, and Visa have invested to become the first five founding partners, each receiving an equal proportion of initial equity. The five companies have also committed to investing over $1 billion in the coming months to establish liquidity for OUSD. The specific investment amounts and shareholding ratios of each company have not yet been disclosed.These five companies are currently the only investors in Open Standard. Abrams expects the number of founding partners to increase to about 10 to 12 in the future and plans to establish a board composed of founding partners. Meanwhile, the number of partners planning to integrate with OUSD has increased from over 140 in June of this year to over 200, with the latest additions including SBI Holdings, UBS, and the fintech company Jeeves.

The Drift Foundation announced the progress of recovering funds from the security incident on April 1, where approximately $295.4 million in user assets were stolen. The foundation has hired Mandiant, zeroShadow, and SEAL 911 to conduct investigations and fund tracking, with Mandiant identifying the attackers as the North Korean threat organization UNC6862.The stolen funds were subsequently bridged to Ethereum, with approximately 130,259 ETH dispersed across four wallets. Of these, three wallets have not transferred any funds to date, holding a total of 107,165 ETH; the other wallet transferred about 23,094 ETH to Tornado Cash on July 23. The foundation stated that approximately $9.2 million of the stolen funds have been frozen, with the relevant funds previously transferred through Tornado Cash in August, but unfreezing and returning still require legal procedures.The Drift Foundation will transfer all assets recovered through freezing, bounties, or law enforcement to the DFX recovery pool and is assessing the subsequent path of the DRIFT token within the broader ecosystem. Additionally, the foundation has partnered with Bybit to launch a public bounty program, offering a 10% bounty for successfully recovered funds.

According to Onchain Lens monitoring, a certain whale currently holds long positions in LIT and HYPE worth 41 million USD, with unrealized profits of approximately 9.25 million USD, including:4.9 million LIT long positions: unrealized profit of 6.46 million USD, held for more than 78 days;200,000 HYPE long positions: unrealized profit of 2.73 million USD, held for more than 418 days.The cumulative profit and loss for this whale is a profit of 8.68 million USD.

According to a report by Reuters, the Japanese Ministry of Finance announced the establishment of the "On-Chain Correspondence Research Group," focusing on the feasibility study of real-time settlement for government bond transactions, with the first meeting scheduled for October 8.The research group will systematically analyze the advantages and disadvantages of blockchain real-time settlement around the current next-day settlement practice, with members including professors from the University of Tokyo, Waseda University, and other universities, as well as private strategists, and will involve the Bank of Japan and the Financial Services Agency for opinion exchange.Ministry officials pointed out that the United States already has MMF products that trade on the blockchain with government bonds as the underlying asset, which will serve as an important reference case. The research group plans to complete the organization of discussion points within the year.

According to The Wall Street Journal, the U.S. publicly listed company Lion Group (Nasdaq: LGHL) has sold all of its SOL and part of its BTC, with the proceeds used to increase its holdings of approximately 38,102 HYPE.After this adjustment, Lion Group holds approximately 232,900 HYPE, valued at about 20.1 million USD, and the previously held HYPE was not sold.

According to Lookonchain monitoring, well-known trader Bonk Guy has now earned over 1 million dollars on SI.He invested 168,000 dollars to buy 19 million SI, which is currently worth 1.2 million dollars, yielding a return of about 6 times.

As TOKEN2049 in Singapore approaches, Gate has released a promotional video for the event. In the video, Gate's founder and CEO Dr. Han shares his thoughts on continuous innovation and change, stating that the next one to two years will mark "a new starting point," and Gate will continue to advance its products, services, and market development.It is reported that Dr. Han will attend this TOKEN2049 in Singapore, delivering a keynote speech on the main stage and engaging in a fireside chat with four-time F1 World Champion Max Verstappen. During the event, Gate will set up a brand booth and exclusive lounge at the TOKEN2049 venue, providing participants with an opportunity to gain in-depth insights into Gate's products, business layout, and global ecological development.Additionally, Gate will host the Gate Gala awards dinner at the Raffles Hotel in Singapore on October 8, expecting nearly 300 global industry founders, institutional representatives, investors, content creators, and ecological partners to attend.Currently, Gate's global user base has surpassed 61 million, with the platform supporting over 5,300 cryptocurrencies and more than 12,800 stocks and ETFs, covering multiple areas including spot trading, contracts, stocks, wealth management, payments, and AI. As the business landscape continues to expand, Gate is building a global platform that encompasses diverse assets and financial services. During this TOKEN2049 trip to Singapore, Gate will focus on presenting the latest developments and future plans of the platform, opening the next phase with a more complete business map and broader global connections.

Former New York Governor and OKX Director Andrew Cuomo stated that if the Democratic Party wins Congress in the midterm elections, the current regulatory progress in the cryptocurrency industry may be overturned. He noted that the ad hoc rules set by regulators are much weaker than legislation and emphasized that "regulation is not legislation."Previously, on September 15, the Senate voted 49 in favor and 50 against to veto the CLARITY Act, which aimed to establish federal rules for the cryptocurrency market, failing to reach the 60-vote threshold; the SEC granted a five-year exemption for tokenized stock trading on September 17. Andrew Cuomo expects the new Congress to closely scrutinize such agency rules and hopes that the lame-duck Congress will pass relevant legislation before January 1 of next year.

According to Lookonchain monitoring, a certain trader went long on 1.38 million ASTER on the Aster platform with 5x leverage, with a position value of approximately 1.05 million USD. Currently, the position has an unrealized profit of over 137,000 USD, with a return rate of about 65.36%.The above profit and loss are unrealized gains and may change with market conditions.

Solv Protocol recently released a statement regarding the controversy over single redemptions of BTC+, stating that the subscription and redemption mechanism for BTC+ is currently operating normally, and the related incident was triggered by a single transaction that activated risk control review.Solv indicated that the assets related to the involved BTC+ are still fully retained within the protocol and have not been transferred, destroyed, or disposed of, and are undergoing review according to established risk control procedures. The official emphasized that the handling of the case will be based on verifiable information and evidence, and judgments will not be made based on social media identities or unilateral public statements. If necessary, they will cooperate with legal and judicial procedures while continuing to ensure the normal operation of BTC+ with asset security and unified risk control standards.

According to the official announcement, the Bitget User Protection Fund has been replenished to over 300 million USD, with the latest on-chain balance being 3,705 BTC.Since its establishment in 2022, the fund has continued to operate as an additional protection mechanism for user assets, employing an on-chain public and traceable management approach. Users can view the relevant wallet addresses on the fund page and independently verify the on-chain fund.

According to The Block, Coinbase Clearing LLC has been approved by the U.S. CFTC to register as a Derivatives Clearing Organization (DCO), achieving a self-contained closed loop for brokerage, listing, and clearing.This approval only covers fully collateralized futures, options, and swap products, while leveraged derivatives still rely on third-party clearing. The company's legal director stated that the new clearing uses USDC as collateral and supports 24-hour settlement.

According to Ai Yi's monitoring, the address 0xd28...7c1e7 has accumulated a position of 6.99 million dollars in ETHFI since yesterday, with the last accumulation being 2 years ago.The address withdrew 2.61 million tokens yesterday and another 6.91 million tokens an hour ago, with an average withdrawal price of 0.734 dollars for the 9.52 million ETHFI tokens, currently showing an unrealized profit of 217,000 dollars.

According to Arkham monitoring, the on-chain address @pointfarmcap has accumulated an investment of 1.49 million dollars in STONK through 1,896 buy operations since the beginning of August this year, when the market capitalization of the coin was only about 2.65 million dollars.Currently, the market capitalization of STONK has risen to 22.2 million dollars, and the value of the holdings at that address has reached 9.97 million dollars, having only cashed out 91.6 thousand dollars, with an unrealized profit exceeding 10 times.

According to @ai_9684xtpa's monitoring, Bitget has started to replenish the protection fund, which has now risen to a scale of 200 million USD. In the past 2 hours, Bitget transferred 2,000 BTC (worth 166 million USD) from its cold wallet to the protection fund address. The current on-chain balance is 2,484.71 BTC, worth 206 million USD. Previously, Bitget promised to "replenish 300 million USD within a week," and is in the process of fulfilling that commitment.

R25 today announced that its core product R25 Studio, based on the 2 architecture, has officially launched public testing. R25 Studio is dedicated to realizing the vision of "everyone can become an asset manager," fully opening up the capabilities for the establishment, operation, and distribution of institutional-level funds. By abstracting cumbersome legal documents, backend systems, and compliance processes into configurable smart contracts, R25 Studio has successfully compressed the fund establishment cycle from several months to just 10 minutes.The platform revolves around Build, Manage, Earn, and Distribute, covering Vault creation, subscription and redemption, investment management, fee earning, and distribution; asset managers can autonomously set investment parameters, management fees, and performance fee rates on-chain without building complex fund structures from scratch, generate exclusive Vault Tokens/Shares, and list the Vault on channels such as Dapp and Topnod. The platform also provides performance data such as NAV, APY, cumulative returns, and maximum drawdown, helping asset managers monitor strategy performance in real-time.Previously, in Phase 1, Axil launched a private credit Vault on R25 and successfully surpassed $130 million in TVL, validating the reliability of this infrastructure. The registration channel for the first batch of managers is now open.

According to "Du Jia" reported on September 30, ByteDance's Doubao has named its AI personal assistant product "Xiao Dou" and plans to launch an independent app version. This name was confirmed during this summer and is currently still in the internal testing phase, with the final external version possibly subject to adjustments. Sina Technology reported on September 29 that Doubao is accelerating the implementation of personal assistant direction products, planning to deeply integrate the exploration project codenamed "Spell" with Doubao's existing products, with the new product expected to be launched externally relatively quickly. As of the time of publication, Doubao has not responded.From the perspective of the domestic Personal Agent track, Xiao Dou is a part of ByteDance completing the track. The main Doubao app is responsible for general conversations, Doubao Work is aimed at enterprise office use, and Xiao Dou targets consumer-level personal assistants. Previously, it was reported that Tencent was secretly developing Handy Bot, and Alibaba's Qianwen team also proposed creating users' own Personal Agents. Currently, there are no mature mass-produced resident personal agent products in the domestic market, with most still in internal testing or gray preparation stages.