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The chief economist of the American asset management firm Apollo, Torsten Sløk, released five charts, believing that AI has not yet brought significant financial returns to large American companies outside of the tech giants. The per capita revenue and profit margins of the seven tech giants continue to rise; excluding them, the 493 companies in the S&P have seen these two metrics remain basically stagnant, and the data on total factor productivity in the U.S. has not shown significant signs of AI-driven growth.Apollo cited data from the corporate payment platform Ramp, stating that among its clients, the top 10% of companies by spending contributed 99.5% of the model hosting and inference costs. Among the top 1% of companies with the highest AI spending, about 80% have venture capital backgrounds; for companies at the median spending level, this ratio is only 13%. A large amount of AI computing power consumption is concentrated in a few companies, many of which rely on venture capital support.Previous statistics from Apollo indicated that during the second quarter earnings season of 2026, 69% of S&P 500 companies had disclosed that they were actually using AI, but only 2% reported metrics for ongoing tracking of effectiveness. Another NBER study updated in October this year surveyed nearly 9,000 corporate executives from seven countries, with respondents estimating that over the past three years, AI has only improved the annual growth rate of labor productivity in companies by about 0.2 percentage points.

Seoul police arrested 7 suspects accused of using generative AI to launch hacking attacks. The Seoul Metropolitan Police Agency stated that about 90 organizations were involved, collectively stealing 8.2 million records, marking the first large-scale arrest of suspects in AI-assisted hacking attacks in South Korea. The targeted victims included hospitals, universities, private tutoring centers, golf courses, and subsidiaries of large corporate groups, all of which held a significant amount of personal information, including names, contact details, and records of ordinary citizens. One funeral service company lost 1.22 million records, and reports indicated that the tutoring center's data also contained information on minors.According to local media reports, the main suspect, 32 years old, studied arts and sports and has no IT background. He told investigators that he self-taught hacking techniques through YouTube and online blogs, while police pointed out that he had worked in a security company conducting simulated attacks from 2019 to 2022. He initially used website vulnerability scanning tools and later introduced AI coding proxies and an automated penetration testing system called Artex at the end of August. Police stated that he hacked into 60 companies over a span of 44 days from August 31 to October 13.The entire attack operation lasted about 13 months, from September 2025 to this October, and the case was filed in June after a victim reported it. Police indicated that such a large-scale attack previously required a hacker group to accomplish, but AI now allows one person to achieve this in a short time. The suspect sent emails to 38 victims, collectively extorting 360 million Korean won, approximately 272,000 US dollars, but the only confirmed payment was 300,000 won, about 210 dollars. The main suspect was detained and transferred to prosecutors last Friday, facing charges of violating South Korea's Information and Communication Network Act, as well as extortion and attempted extortion. Police will continue to investigate the other 6 accomplices and confirm more victims, with 15 institutions already reporting damages.

According to Polygon, the Miden partner mainnet is now live and connected to Polygon's cross-chain aggregation layer Agglayer, which can access the liquidity of the entire blockchain ecosystem.Miden officials also announced that the network is operational on the partner mainnet.

The U.S. SEC filings show that SpaceX has signed a binding primary financing lease commitment with Apollo Global Management.According to the agreement, Apollo will purchase GPU clusters and related equipment and lease them to SpaceX, with the total principal payments under the related lease arrangements expected to reach $40 billion.

Kimi officially posted on X, apologizing for the usage frequency limits and unnecessary quota consumption of the K3.1 Pro subscription plan, acknowledging that the issue was caused by the platform itself and should have been resolved earlier.Kimi will perform a one-time quota reset for all subscription plan users, restoring usage equivalent to 25% of the total monthly quota, which is approximately one week's quota; if the current used quota is less than 25%, the used amount will be reset to zero. The relevant adjustments will be reflected in the usage progress bar before the end of the day in Pacific Standard Time.Kimi has adjusted the subscription plan parameters and will reduce unnecessary sub-agent calls and output length to lower quota consumption.

Apollo Global Management's Chief Economist Torsten Slok stated that despite companies investing heavily in artificial intelligence, AI has not yet brought tangible returns to U.S. businesses outside the technology sector. Slok pointed out that the per capita income of employees in 493 companies in the S&P 500 index remains flat, and corporate profit margins have not seen growth.

According to monitoring by Arkham, the address marked as the Polygon multi-signature wallet "0xFA5" has transferred a total of 52,928,000 POL to the staking contract address, valued at approximately 4.82 million USD.Market analysis suggests that the recent increase in Polygon staking activities is related to the rise in APY, which may also provide some support for POL and alleviate its downward price pressure.

According to Dune data, the nominal trading volume of cryptocurrency-related event contracts on Kalshi and Polymarket reached $2.7 billion last week, setting a new historical high. Among them, Bitcoin short-term fluctuation contracts were particularly active, with Kalshi's 15-minute Bitcoin price prediction contracts seeing single transaction volumes exceeding $1 million. Some traders even used trading bots to seize opportunities just seconds before the contracts expired.Currently, cryptocurrency has become the second largest trading category on the two platforms, second only to sports. Cryptocurrency trading platforms such as Coinbase, Crypto.com, Gemini, and Kraken are expanding their businesses by applying for relevant licenses or collaborating with prediction markets. Meanwhile, the decline in spot trading volume on centralized exchanges has also prompted crypto platforms to seek business diversification. However, as multiple states in the U.S. have raised legal challenges against sports prediction contracts, the direction of related regulations may also impact industry development.

The International Criminal Police Organization stated that Operation Serengeti III took place from June 29 to August 31, 2026, across 21 countries, resulting in the arrest of 1,462 suspects, the dismantling of 10,909 malicious networks, and the recovery of over 105 million dollars in illegal funds. The investigation also confirmed that 65,929 victims were attacked by cybercrime gangs, with related losses exceeding 385 million dollars.This operation focused on combating online fraud, ransomware, business email compromise, online scams, and digital extortion. In specific cases, the Ugandan police dismantled two transnational fraud gangs and arrested 365 foreign nationals; Angola seized two illegal cryptocurrency mining centers, arrested 9 individuals, and confiscated over 2,000 mining machines; in Nigeria, another case involved over 2.4 million dollars in suspected criminal proceeds, a significant portion of which was laundered through cryptocurrency transactions.

Bitcoin core developer Antoine Poinsot announced an adjustment to the security vulnerability disclosure policy in the Bitcoin development mailing list. He stated that in the past, vulnerabilities were often kept secret for a long time to allow users to complete upgrades before details were made public, but this also led to fixes not being backported to older versions, requiring users to wait for the next major release. Poinsot pointed out that large language models make some vulnerabilities very easy to rediscover, and the protection that continued delays in fixing can provide is now quite limited.According to the new policy, vulnerabilities deemed "easy to discover" will be fixed as soon as possible in all maintained major versions, with security announcements released simultaneously. This classification applies to vulnerabilities that can be discovered with minimal effort, such as through simple LLM prompts. Other vulnerabilities will still follow the disclosure timeline based on severity: low-severity vulnerabilities will be disclosed two weeks after the major release containing the fix; medium to high-severity vulnerabilities will be disclosed two weeks after the last affected version reaches its end of life (usually one year after the fix is released in a new major version). Critical vulnerabilities are not covered by the standard policy and may require ad hoc procedures.Bitcoin ecosystem security researcher Luke de Wolf stated that he previously disagreed with Poinsot's security strategy but believes this update is a good adjustment. In August of this year, the volunteer-based Bitcoin Red Team reported nearly 5,000 potential issues across 390 projects, with only about one-fifth being reproducible at that time. In the same month, Core Lightning developers urged operators to upgrade or take nodes offline after receiving multiple AI-generated vulnerability reports, while keeping technical details confidential for two weeks.

According to Bitcoin.com, the Colombian Attorney General's Office announced on Wednesday that, in coordination with U.S. intelligence agencies, it has arrested 8 individuals suspected of using cryptocurrency to launder money for drug trafficking organizations. Police and military conducted simultaneous operations in four locations: Cúcuta, Maicao, Barranquilla, and Bogotá.Among those arrested were 7 individuals, including the gang leader Guillermo Carpio Cárdenas (nicknamed "Gallo"). The U.S. District Court for the District of Puerto Rico has charged that the gang used deposit networks, cryptocurrency tokens, and small transaction splitting (smurfing) to conceal the source of drug money and evade monitoring by financial intelligence agencies.Another suspect, Nassim Orfale Vasquez, was arrested in Barranquilla and has been indicted by the U.S. District Court for the Southern District of New York. According to the IRS, he has handled over $42 million in suspicious cryptocurrency transactions since 2018, and authorities are investigating whether there are larger money laundering organizations in Colombia's coastal regions.

Recently, the Qingshanqiao Police Station of the Xiangtan County Public Security Bureau in Xiangtan City, Hunan Province, with the support of the county bureau, went to Loudi and successfully dismantled a fraud den that used malicious links to steal virtual currency, arresting 3 criminal suspects.Upon investigation, on September 4, a local resident reported that after clicking on a strange link in a virtual currency QQ group, 6814 yuan worth of USDT was stolen from their account. Since August, three individuals, Zhou, Chen, and Liang, have been seeking illegal profits by obtaining malicious virus links through the Telegram app, specifically searching for virtual currency exchange groups in QQ and WeChat, sending malicious links in the groups, and waiting to steal the virtual currency from the accounts of those who clicked. Currently, all three suspects have been criminally detained in accordance with the law on suspicion of theft, and the case is under further investigation.

According to the New York Post, citing informed sources, Matthew Modabber, who has served as the Chief Marketing Officer of the prediction market platform Polymarket since January 2024, has been fired. Previously, the company conducted an internal investigation into a series of events that raised public concern and worried investors.One of the issues involved Modabber's team being accused of creating fake webpages to promote staged videos, which showed users profiting from fake trades. This situation was exposed in a June report by the Wall Street Journal, which subsequently triggered an investigation by the U.S. CFTC. The investigation is still ongoing, and no violations have been determined yet.Informed sources stated that Modabber was a confidant of 28-year-old CEO Shayne Coplan, and during his tenure as an executive, he often made impulsive decisions that led the company into a public relations crisis. Polymarket is finalizing Modabber's departure agreement, and both parties are maintaining mutual respect during the process.

Interpol announced that from June 29 to August 31, 2026, it coordinated law enforcement agencies from 21 countries to carry out Operation "Serengeti III," targeting online fraud, ransomware, business email compromise, online scams, and digital extortion. The operation resulted in the arrest of 1,462 suspects, the dismantling of 10,909 malicious networks, and the recovery of over $105 million in illegal funds. Investigations confirmed 65,929 victims, with financial investigations linking losses exceeding $385 million.In Angola, law enforcement dismantled two illegal cryptocurrency mining centers, arrested 9 suspects, and seized over 2,000 cryptocurrency mining devices and 6 illegal power transformer stations, with the seized power infrastructure alone valued at over $1 million. In Nigeria, authorities arrested a suspect linked to large-scale phishing and business email compromise, with the operation collecting approximately 2.1 million email addresses and software credentials; another investigation uncovered an international investment scam promoted through instant messaging applications that transferred over $2.4 million in suspected criminal proceeds, most of which were laundered through cryptocurrency transactions.Neal Jetton, head of cybercrime at Interpol, stated that cybercrime networks disregard borders and exploit technology to target victims on an unprecedented scale; the operation demonstrates that despite the increasingly borderless nature of cybercrime, international cooperation remains an effective tool for dismantling criminal networks, recovering criminal assets, and protecting communities. The operation received support from private sector partners such as Group-IB, Kaspersky, Fortinet, and Meta, and was co-funded by the EU and the joint project GLACY-e of the European Commission.

Recently, Sun Yuchen discussed his lawsuit against the Trump family's cryptocurrency project WLFI in a conversation with Jin Ming. He clearly stated that he remains firmly supportive of President Trump's cryptocurrency policy and AI strategy, believing it to be very successful.The reason for suing World Liberty Financial is entirely a normal action for commercial investors to protect their rights. The cause stems from the project's lack of investment transparency and insufficient information disclosure, even involving allegations of fraud. The case has been formally submitted to the federal court in California and is to be decided by a federal judge, which fully complies with the operation of the rule of law in the United States.Sun Yuchen further clarified that this lawsuit will not affect his judgment of the macro trends in the United States. He continues to hold a significant position in U.S. technology stocks and is optimistic about TRX being approved for a spot ETF in the U.S., the on-chain business of U.S. stocks, as well as expectations for a stronger dollar and the continued strength of the AI industry.Sun Yuchen believes that public opinion has exaggerated and complicated this lawsuit; in fact, it is simply a "business-to-business" lawsuit. Even if the agreement's subject matter involves 400 to 500 million dollars, it does not significantly impact his overall asset portfolio.Sun Yuchen also stated that he invests with the patience of an old hunter. Once he is thoroughly optimistic and makes a significant decision, he will invest at least 4 to 5 billion dollars or more in a single transaction.