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Zcash co-founder Sean Bowe released a ZIP draft proposing to stop the automatic allocation of block subsidies to Zcash Community Grants (ZCG) and redirect the original 8% subsidy share to the Network Sustainability Mechanism (NSM).The draft states that ZCG currently holds approximately 91,452.98 ZEC, valued at about 125 million dollars, and the existing funds are sufficient to continue supporting related activities without the need for ongoing block subsidies. If the proposal takes effect, from the specified activation height, the original 8% share will be allocated to the NSM fund until the original funds expire; the existing assets and governance rules of ZCG will remain unchanged.

After Anthropic publicly submitted its prospectus the previous evening, investment institutions and market participants began to assess its growth quality, cost structure, and potential valuation. Morningstar senior equity analyst Malik Ahmed Khan and PitchBook analyst Rolfes stated that as of September 30, Anthropic had over 11,900 enterprise customers contributing at least $100,000 in revenue over the last 12 months, compared to about 950 in the same period last year. Khan believes this reflects a faster adoption of Claude in the enterprise market and significant revenue growth.Analysts also pointed out that the rapid increase in customer numbers alone is insufficient to indicate long-term revenue stability. The prospectus lacks detailed data on customer retention, and the disclosed net revenue retention rate is also affected by a small base; as the comparison base expands, this metric may decline. Investment in computing power is another focus. Morningstar believes that Anthropic currently demonstrates a certain level of computing efficiency and operational efficiency, but some computing resources and related expenditures have not yet been fully reflected; as more computing power is utilized, costs may rise, and if revenue growth does not keep pace, profit margins will be under pressure.PitchBook analyst Rolfes reminded that the scale of future computing contracts and infrastructure commitments is enormous, and whether revenue growth can be sustained is an important variable in assessing profitability prospects. Gavin Baker, managing partner and chief investment officer of Atreides Management, stated that it is still possible for Anthropic to reach an annualized recurring revenue of $100 billion by the end of the year; this statement reflects his personal judgment and is not the company's published performance guidance. Nigel Green, CEO of independent financial advisory firm deVere Group, questioned the market's rumored potential valuation of $2 trillion, calling this expectation "absurd," and reminded to pay attention to infrastructure investments, slowing growth, and future financing needs. The $2 trillion figure remains a market rumor, and the prospectus has yet to determine the offering price and scale.

Former Microsoft executive Peter Sellis announced that he has joined Elon Musk's social platform X, responsible for product operations. He stated that he will promote improvements in X's product experience, as well as the growth of global users and business operations, and mentioned the goal of bringing online posting into the "interplanetary era."Peter Sellis previously led design, engineering, and growth in Microsoft's AI department and served as Senior Vice President of Product at Discord and Vice President of Product at Snap. X's former product head and Solana advisor Nikita Bier previously worked in Sellis's team at Discord.

Glassnode stated that recent investors buying BTC have exited the strong sell-off zone. Almost all short-term holders are in profit, and this proportion has now fallen to about 70%.For investors expecting the upward trend of BTC to continue, the current entry conditions have clearly improved compared to a month ago. The decrease in the profit ratio of short-term holders indicates that the pressure from profit-taking in the market has eased, but this does not mean that BTC will necessarily rise in the future.

According to on-chain analyst Ai Yi's monitoring, the address 0x721...E5991, marked by Arkham as associated with Sun Yuchen, withdrew 46.5 trillion PEPE (approximately 20.32 million USD) from Poloniex 10 hours ago.Since October 17, it has cumulatively transferred out 48.76 million USD worth of PEPE and currently holds 118 trillion PEPE, with an average withdrawal price of 0.000004114 USD, resulting in an unrealized profit of 2.085 million USD.

According to on-chain analyst Yu Jin's monitoring, a hacker who stole approximately 40 million dollars in assets from UXLINK last year went long on 30,300 ETH at a price of 2,134 dollars on Hyperliquid, with a position value of 70.25 million dollars, currently having an unrealized profit of 5.62 million dollars.The funding source address for going long on ETH has a direct financial intersection with a known UXLINK hacker address: a month ago, both addresses aggregated their remaining ETH Gas to the same wallet on the same day. At the beginning of August, the hacker aggregated 11.54 million USDC from multiple sources and began trading ETH on Hyperliquid, opening positions 6 times, profiting 5 times, with a total profit of 5.71 million dollars.

According to the Ark Invest Tracker, ARK Invest, led by Cathie Wood, conducted multiple trades on October 26.On the buying side, ARKQ and ARKX collectively purchased approximately 1,161,600 shares of Archer Aviation (ACHR), about 434,000 shares of Joby Aviation (JOBY), around 63,600 shares of Kratos Defense (KTOS), and approximately 59,200 shares of AeroVironment (AVAV). In addition, ARKW bought 65,615 shares of Circle (CRCL), and ARKQ purchased 182,508 shares of Kodiak AI (KDK).

Micron Technology, a memory manufacturer, recently signed a labor agreement with the Taichung Labor Union. Reports cite the Ministry of Economic Affairs explaining that over 80% of personnel will see salary adjustments of nearly 2.7 times, with production line staff's annual salary increasing from 630,000 to over 2 million.The Ministry of Economic Affairs also stated that the annual salary for entry-level engineers will rise from 1.45 million to 4 million, while mid-to-senior level engineers will see their salaries increase from over 2 million to 6 million. The union successfully negotiated an increase in the employer's contribution rate for labor retirement to 10%, which is above the industry standard; the day shift allowance for frontline production line staff has been adjusted from 1,500 to 4,500, tripling the original amount.

According to "Du Jia," Soul is about to launch a real-time interactive AI audio and video integrated product called "Loxinity." This product includes a speech synthesis model, Loxi Speech, and a video generation model, Loxi Avatar, focusing on continuous dialogue scenarios, emphasizing tone pauses and emotional fluctuations to address the issues of heavy reading feel and disconnection between audio and visuals in similar products.In terms of functionality, the voice section supports voice cloning, emotion tagging, and API integration; the digital human section allows users to upload images to customize their avatars, and input text or audio to generate digital human videos. Soul previously released the emotion-oriented large model SoulX in 2023 and launched an intelligent audio and video real-time interaction solution with Huawei Cloud in September this year. The launch of Loxinity signifies that Soul is productizing the interactive capabilities refined in its internal social scenarios for the B-end market.

The Canadian Ministry of Finance has launched a 60-day public consultation on the stablecoin regulatory draft, which will end on December 23. The draft maintains the prohibition on stablecoin issuers paying interest or returns to holders, including arrangements that encourage customers to hold tokens through third parties, although rewards related to transactions may still be allowed.The draft requires non-bank issuers to back circulating fiat-pegged tokens with reserves held by qualified Canadian financial institutions at a 1:1 ratio. Qualified institutions include banks, credit unions, and trust companies. Holders must be able to redeem stablecoins for conventional currency within three business days, with a redemption fee cap of 1%. Earlier this year, the government passed the Stablecoin Act, stating that the draft is necessary for the law to take effect and will specify the requirements for issuers to register with the Bank of Canada. The stablecoin framework is expected to take effect by the end of 2027.A spokesperson for the Canadian Bankers Association stated to The Logic in June that the association firmly supports the explicit prohibition of direct and indirect returns in the Stablecoin Act, as the banking industry is concerned that stablecoin returns may lead to deposit outflows and reduce available lending funds. Coinbase Canada has received permission from the Ontario Securities Commission this year to offer returns on eligible tokens, but must warn of risks and clarify that funds are not covered by deposit insurance. At the end of last month, Canada's six largest banks announced they are exploring a Canadian dollar tokenization system to expedite fund transfers between traditional financial institutions.

Anthropic has officially submitted its IPO application. According to its S-1 cash flow statement disclosed in the prospectus, the company has raised approximately $140 billion in cash through preferred stock, convertible bonds, and SAFE agreements from 2023 to the first half of 2026, of which $110 billion was raised in the first half of 2026, including $65.2 billion in Series H financing.As of June 30, 2026, Anthropic's remaining cash includes $112.4 billion in cash and cash equivalents and $19.3 billion in short-term investments, totaling approximately $132 billion, along with an additional $2.5 billion in restricted cash. Other financing channels include a $15 billion undrawn revolving credit facility expanded in September 2026, and up to $77 billion in partner note financing, of which $20 billion from Google, $15 billion from Amazon linked to computing milestones, and $42 billion from Broadcom solely for lease payments, with IPO proceeds to be added on top of this.Accordingly, Anthropic's cash holdings are higher than those of tech giants like Amazon, Meta, and Microsoft, second only to Google's parent company Alphabet's $242 billion. Its projected expenditure report also shows that starting from December 2026, it has committed approximately $37 billion annually for computing power solely to SpaceXAI, with total computing power commitments estimated at around $780 billion to $810 billion.

According to a report by Financial Associated Press, Microsoft announced on October 26 local time that it will offer a voluntary severance compensation plan to approximately 60,000 employees to reduce costs and adjust its workforce for the AI era. More than a quarter of the total employee count is eligible, marking the company's third round of workforce adjustments this year.A spokesperson stated that some vice presidents and below in the United States, Canada, India, and the United Kingdom are eligible to apply, and those who accept the plan will receive benefits similar to standard severance packages. According to informed sources, departments such as Xbox, Windows, Copilot, and finance will fully participate, while some employees in data centers, sales, marketing, cybersecurity, and quantum computing will not be eligible. Chief Human Resources Officer Amy Coleman mentioned in an internal letter that the plan provides an option for employees considering leaving to transition with the company's support, and it is another way for departments to adjust their teams. The spokesperson also noted that if top talent accepts the plan, the company will attempt to retain them in some cases.In April this year, Microsoft launched its first voluntary retirement program for about 8,750 eligible U.S. employees, with over 30% ultimately accepting; in July, it announced layoffs of approximately 4,800 people, accounting for about 2.1% of the total workforce. The spokesperson expects the number of acceptances this time to be far less than the voluntary retirement program. As of the end of June, Microsoft had a total of 223,000 employees. According to the financial report on July 29, capital expenditures for the fourth quarter of fiscal year 2026 were $41 billion, a year-on-year increase of about 70%, and capital expenditures for the first quarter of fiscal year 2027 are expected to be about $50 billion.

Ripple CEO Brad Garlinghouse stated that the Office of the Comptroller of the Currency (OCC) has finally approved the application related to Ripple National Trust Bank. This approval will provide Ripple with a business platform under a federal regulatory framework to support its dollar stablecoin RLUSD and offer digital asset custody services to enterprise clients.Garlinghouse noted that this move reflects the integration of the cryptocurrency industry with the traditional banking system, emphasizing the importance of innovation, accountability mechanisms, and federal regulation.

According to the market information platform Liquid247.xyz, Coinbase's spot BTC has approximately 104.93 sell orders at the $82,000 level, with a nominal value of about $8.604 million, which is about 2.49% above the mid-price of approximately $80,009 at that time.The total near-end sell orders amount to approximately $32.9693 million, while the buy orders are about $21.0808 million, resulting in a net sell order surplus of approximately $11.8885 million, accounting for 22.00% of the total depth.

According to a report by The New York Times on the evening of the 26th Beijing time, as there are widespread concerns that the United States may soon launch a new round of attacks on Iran, senior representatives from Saudi Arabia, Turkey, and Pakistan held talks with Iranian officials in Tehran on Monday. This visit is the latest initiative in the recent intensive diplomatic efforts by regional mediators.Officials in the Gulf region stated that the talks on Monday aimed to support the efforts of the mediators from Qatar and Pakistan, with the goal of urging Iran to show sufficient flexibility to reach a diplomatic solution with the United States. Two diplomats indicated that the Qatari mediators have been pushing for an agreement between the U.S. and Iran, whereby both sides would make a series of concessions within five days.According to a proposed part of the concession arrangement, Iran would reopen the Strait of Hormuz to allow commercial vessels to pass, while the United States would lift the maritime blockade on Iranian ports. The main obstacle to reaching an agreement lies in determining when each side would make its concessions. They added that the mediators have been pushing for Iran to make concessions regarding its nuclear program early in the implementation of the agreement.

The French Ministry of Finance, the Financial Markets Authority (AMF), the French Central Bank, and the Prudential Supervision and Resolution Authority (ACPR) jointly suggested to the European Commission to allow third parties, such as crypto platforms, to offer rewards to stablecoin holders under specific conditions. The four institutions believe that such rewards should be regulated rather than outright prohibited.The four institutions proposed that platforms should disclose reward information to holders, must not promise guaranteed returns, and should not promote rewards as savings products; regulators should also monitor the impact of rewards on bank deposits. The French side still supports banning stablecoin issuers from paying interest but opposes extending the ban to staking and lending activities. The European Central Bank and the central banks of EU countries advocate maintaining the ban on interest for stablecoins and including indirect benefits such as rewards and fee waivers, as well as lending and staking activities within the scope of restrictions.The European Commission must submit a review report on the Markets in Crypto-Assets Regulation (MiCA) to the EU legislative bodies by June 30, 2027, and may propose amendments.

The decentralized exchange Osmosis based on Cosmos has terminated the issuance of OSMO tokens and shifted the source of staking rewards from newly issued tokens to protocol revenue.This adjustment eliminates approximately two percentage points of the staking annual yield supported by the issuance, while freezing about 51.9 million previously minted developer tokens.

According to Onchain Lens monitoring, the Morgan Stanley Bitcoin ETF wallet (bc1qt...vdqg) received 51.57 BTC from Coinbase Prime, worth approximately 4.12 million USD.In the past 3 days, the wallet has accumulated inflows of 80.22 BTC, worth approximately 6.45 million USD.