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Recently, the Polkadot community submitted a proposal named DOT DAO Strategy Mandate on the SubSquare platform, advocating for a shift in the DAO's strategic focus from previous ecological scale expansion and locked asset growth to acquiring end users and real usage scenarios, and plans to build a user-oriented Polkadot Product Platform.Another core aspect of the proposal is the introduction of permissionless DOT collateralized stable assets called dotStables, with a priority support for dotUSD. This asset adopts a collateral model similar to Liquity, aiming to ultimately convert stablecoin demand into demand for DOT.In terms of platform design, it will be compatible with existing parachain infrastructure and emphasize user experiences such as Freemium model, mobile-first, self-custody, privacy protection, and no-login features. Currently, the proposal is still in the governance preparation stage.

According to monitoring by Sandeep Nailwal, the Polygon protocol destroyed 100 million POL two weeks ago, accounting for about 1% of the total token supply, with funds sourced from network-generated transaction fees. Currently, another 22 million POL are prepared to enter the next phase of destruction, accounting for about 0.2% of the total supply.Polygon has not fully disclosed the impact of OMS on POL, and relevant information will be announced soon. Last week, the annualized transaction volume processed by OMS exceeded 1 billion dollars for the second consecutive week.

The International Monetary Fund (IMF) and World Bank annual meetings are being held this week in Bangkok, gathering central bank governors from multiple countries. Federal Reserve Chair Waller will deliver a speech on Friday, with key topics including economic growth, debt, and geopolitics. IMF President Kristalina Georgieva hinted that the new edition of the World Economic Outlook is not optimistic due to high energy prices, record global public debt, and tensions in the bond market. Conflicts in the Middle East and Ukraine, as well as AI regulation, will also be focal points of attention.

Co-founder Edison released an update regarding the recent data breach incident involving encrypted cards. Edison stated that the compliance and operations team is contacting affected users, has reported to relevant agencies such as the Personal Data Protection Commission (PDPC), and has formally filed a police report. They are currently working closely with law enforcement, and the encrypted card business continues to operate normally.

From October 9 to 11, Gate, as the official sponsor and long-term partner of the F1 Red Bull Racing Team, hosted a VIP exclusive hospitality event during the 2026 F1 Singapore Grand Prix, inviting dozens of global VIP clients, core partners, and special guests to experience the unique charm of top-level motorsport. During the event, Red Bull Racing driver Max Verstappen started from pole position and ultimately won the race, achieving Pole to Win, while invited guests witnessed this exciting moment and shared in the joy of victory.This VIP hospitality event combined race viewing, premium reception, and exclusive brand experiences, providing invited guests with F1 Paddock Club luxury box viewing and brand interaction experiences. The Gate brand logo appeared in several key locations, including the rear wing, front wing, driver helmets, and race suits of the Red Bull Racing cars, showcasing the depth of the collaboration between the two parties. Previously, Gate had invited Red Bull Racing drivers Max Verstappen and Isack Hadjar to participate in a driver meet-and-greet and exclusive handprint ceremony during the TOKEN2049 event in Singapore, and hosted VIP private events to further enrich the forms of collaboration.From the TOKEN2049 international industry event to the F1 Singapore Grand Prix, Gate deeply integrates global top-tier event resources with high-end customer experiences, deepening its strategic cooperation and global partnership with the Red Bull Racing Team, expanding brand international influence, and promoting the integration of Web3 with mainstream culture.

According to Bloomberg, on October 11, 2026, the prediction market platforms Kalshi and Polymarket saw record trading volumes over the weekend driven by NFL and NCAA events, with a total of $8.56 billion over two days, data compiled by Dune Analytics shows. The combined trading volume of the two platforms reached $22.2 billion that week, also setting a record.The prediction markets previously allowed users to trade on a variety of events, from Federal Reserve decisions to pop culture. This season's American football season shows that its growth is increasingly reliant on sports trading. The surge in NFL trading on Kalshi and Polymarket has prompted a review of sports betting regulations.

According to reports from Japan's Jiji Press and TBS, Japanese police have arrested 6 individuals suspected of laundering money for a fraud group through cryptocurrency assets. Police investigations indicate that the gang is suspected of handling approximately 91 million yen (about 580,000 USD) in fraud funds between February and March 2024, involving around 30 victims.The funds first entered the company's bank account, then were exchanged for BTC, converted to USDT through overseas channels, and returned to the fraud group. The individuals involved are reportedly charging a commission of about 1%.

According to Arkham monitoring, a certain whale address 0x5EC previously purchased 25 million POL at a price of approximately $0.1228, investing about $3.07 million. Subsequently, the address used POL as collateral on Aave to borrow about $1.4 million for trading on Binance.However, as the price of POL declined, the address withdrew $1.4 million to repay the loan and reclaimed the collateralized POL, then transferred 10 million POL to Binance, valued at approximately $987,000, which would result in a loss of nearly $400,000 if sold.

According to on-chain analyst Yu Jin's monitoring, the whale address of Polymarket user web3vc (0x11b...e3B6) withdrew 1.793 million UNI from the lending platform Venus 20 minutes ago, and then transferred it to Binance, worth 13.18 million dollars.If sold, these UNI would incur a loss of 3.17 million dollars; they were withdrawn from Binance to the BSC chain and deposited into Venus last year at an average price of about 9.12 dollars.

According to a report by Reuters on October 9, the Philadelphia police stated in a statement that a model from the artificial intelligence company Anthropic submitted a false murder case tip through the Philadelphia police website. Anthropic notified the police earlier this week and stated that the submission was caused by an automated testing process.The police said the tip was submitted through PhillyUnsolvedMurders.com on July 18, 2026, involving an unsolved murder case, claiming to possibly have information about the case. The submission was marked as spam and was never forwarded to the Real-Time Crime Center for investigation or distribution. The police also stated that no unauthorized access to the system was found, nor was any departmental data leaked.Anthropic informed the police that after discovering the situation, it had stopped the related testing process and added verification mechanisms for future tests. The company plans to release a report on the matter on Friday. Reuters reported that Anthropic did not immediately respond to requests for comment.

TruGolf Holdings (TRUG), a publicly traded company on NASDAQ, announced that it has completed the acquisition of the Canadian asset tokenization company Polymath Research Inc. Polymath is a company focused on institutional-grade asset tokenization and is also the developer of the Layer 1 blockchain Polymesh, which is aimed at regulated assets. After the acquisition, Polymath will operate as a wholly-owned subsidiary of TruGolf, while TruGolf will continue to retain its original businesses such as golf simulators and the E6 platform, forming two business lines: golf technology and blockchain infrastructure.As of December 31, 2025, Polymath has issued tokenized assets worth over $132 million for more than 65 active issuers and has over 50 ecosystem partners. The two parties also plan to launch a device leasing tokenization and franchise rights fragmentation holding project in the first quarter of 2027. In addition, TruGolf received approximately $2.95 million in net proceeds from the exercise of B-round preferred stock warrants related to this transaction.

Polychain Capital founder and CEO Olaf Carlson-Wee announced at the Network State conference that Polychain is leading a new round of financing for Network School, with a valuation of $2 billion. Andreessen Horowitz (a16z), Coinbase, and Balaji himself, among other institutions and individuals, participated in the investment, with the specific financing amount not disclosed.Olaf stated that Polychain's investment strategy does not solely focus on incremental improvements but seeks projects that utilize new business models or technologies to solve problems in different ways. He expressed anticipation for participating in the financing of Network School and mentioned that he has known and collaborated with Balaji for over ten years.

Artificial intelligence company Anthropic is establishing a presidential candidate outreach program, forming an internal team to collaborate with bipartisan presidential candidates on AI issues ahead of the 2028 U.S. election, assisting leadership in developing political strategies and operating political funding projects. The company is hiring a political program manager responsible for establishing and operating related programs for the 2028 election cycle, identifying potential candidates from both parties, providing AI policy education to candidates and their advisors on equal terms, preparing executives for dialogues, and planning party platforms, conventions, and transitions in advance. The position requires over 12 years of experience in campaigns, party committees, or political organizations, along with a record of credible bipartisan collaboration, with a salary ranging from $295,000 to $345,000.Fortune reports that the program is taking shape ahead of the November midterm elections and the company's potential initial public offering, which could be valued at up to $2 trillion. Bruce F. Freed, chairman of the Center for Political Accountability, stated that it is not uncommon for businesses to maintain relationships with presidential campaign teams, but he has not seen such a formal presidential election outreach arrangement. California Democratic Senator Alex Padilla noted that this hiring indicates that cutting-edge model companies are also establishing political operations beyond their products, emphasizing that education and influence are not the same, and urged Anthropic to disclose more details. Katie Harbath, founder and CEO of Anchor Change, believes the unusual aspect is that this role is also responsible for political action committee funding. Anthropic did not immediately respond to requests for comment.

On October 8, the artificial intelligence company Anthropic updated its usage policy, adding prohibitions against election interference, weapon software, and surveillance. TechCrunch reported that the most notable change is the explicit prohibition against users subjecting the model to prolonged verbal abuse.Since the update in August, Claude has been trained to end conversations during ongoing harmful or abusive user interactions, and the new policy explicitly prohibits users from continuing such conversations. The policy states that this update applies only to extreme cases where users repeatedly treat the model cruelly without identifiable purpose, and does not apply to common user dissatisfaction, rebuttals, dark creative themes, or model testing and research.The usage policy also prohibits widespread deceptive activities, such as operating fake accounts or fabricating news organizations with Claude, and in the "Do Not Undermine Democratic Processes" section, it prohibits deceiving voters or disrupting elections. Reports indicate that this change occurred after Anthropic sought collaboration with well-known religious scholars, as the company attempted to persuade them that Claude might be conscious or have a soul in certain cases.

The next phase upgrade of Ethereum, Glamsterdam, was activated on the Sepolia testnet on October 6, completing block finality during the switch without any critical failures. This upgrade consists of the consensus layer Gloas and the execution layer Amsterdam, incorporating a total of 18 EIPs, designed with a gas limit of approximately 200 million, which is about 3.3 times the current mainnet limit of 60 million. The upgrade will not automatically raise the limit but will allow for larger blocks to be produced safely, with validators deciding whether to increase it.Key changes include EIP-7732, which embeds the separation of proposers and builders in the protocol, extending the time for most validators to check transactions from about 4 seconds to about 9 seconds; EIP-7928 requires blocks to include the touched state and updated values, facilitating client data prefetching and parallel validation; EIP-7954 raises the contract code limit from 24 KiB to 64 KiB; EIP-8037 increases the cost of creating new storage slots from 20,000 gas to 97,920 gas, while regular ETH transfers remain at 21,000 gas.The gas limit for the first relevant block on Sepolia was 60 million, reaching 200 million about 11 hours later and maintaining that level. Ethereum Foundation researcher Toni Wahrstätter stated that the speed at which various clients handle gas units has improved compared to before the upgrade, with Geth's execution time for a 40 million gas block reduced from about 115 milliseconds to about 30 milliseconds. The Hoodi testnet is tentatively scheduled for deployment on October 27, with the mainnet target set for the fourth quarter of 2026;

Polkadot officially announced that the stablecoin dotUSD has officially launched on the Polkadot network. This stablecoin does not have a single issuing company or controlling entity, but is managed by the DOT DAO through the OpenGov on-chain governance mechanism.Polkadot stated that the goal of dotUSD is to become a native stablecoin governed by the network itself, thereby reducing reliance on centralized issuing institutions.

South Korean Deputy Prime Minister and Minister of Strategy and Finance Lee Hyeong-ryeol stated that in response to the virtual asset taxation policy planned for implementation in 2027, various opinions proposed by the National Assembly, as well as those from experts, industry professionals, and relevant stakeholders, will be widely collected. South Korean lawmaker Kim Sang-hoon questioned that several months before the implementation of the virtual asset taxation, the relevant infrastructure is still not fully developed, including insufficient tracking and verification capabilities for trading records on overseas exchanges, DEX, DeFi, and other platforms.Regarding the expected tax revenue scale from virtual asset taxation, Lee Hyeong-ryeol stated that there are indeed parts that are "difficult to accurately grasp." Since taxation requires obtaining taxpayer declaration data first, further tax estimation can only be conducted after the relevant declaration system is launched next year, and a careful evaluation of the related policies will be carried out.

South Korean Deputy Prime Minister and Minister of Strategy and Finance Lee Hyung-ryul stated that in response to the virtual asset taxation policy planned for implementation in 2027, various opinions proposed by the National Assembly, as well as those from experts, industry professionals, and relevant stakeholders, will be widely collected.South Korean lawmaker Kim Sang-hoon questioned that several months before the implementation of virtual asset taxation, the relevant infrastructure is still not complete, including insufficient tracking and verification capabilities for trading records on overseas exchanges, DEX, DeFi, and other platforms. Regarding the expected tax scale brought by virtual asset taxation, Lee Hyung-ryul stated that there are indeed parts that are "difficult to accurately grasp." Since taxation requires obtaining taxpayer declaration data first, further tax estimation can only be conducted after the relevant declaration system is launched next year, and related policies will be carefully evaluated.

On Thursday during the European trading session, Dow Jones index futures fell by 0.56%, S&P 500 index futures fell by 0.28%, and Nasdaq 100 index futures fell by 0.44%.U.S. Treasury yields rose to multi-year highs, and high oil prices intensified inflation concerns. U.S.-Iran relations are tense, and the Strait of Hormuz is facing threats. The market is focused on speeches from Federal Reserve officials and a new batch of quarterly earnings reports.