News linked to this event type.
Odaily reports: Bitcoin News posted on X that Jack Dorsey supports open AI model releases, independent evaluation, and review of dangerous capabilities, believing that open-weight models allow independent researchers to reproduce results, identify problems, and develop safeguards. He opposes industry-wide restrictions on compute, training runs, and model development negotiated by current leading labs, arguing that this could make existing leading companies the only capable participants and exclude entities that could identify problems or build alternatives. Jack Dorsey stated that restricting general model releases should be a last resort, implemented only when there is independently reviewable evidence that release would significantly increase catastrophic risks that cannot be addressed through narrower measures; he hopes users can run and control AI tools on their own devices.
OpenAI has acquired smartphone camera technology company Glass Imaging for more than $300 million. The company was founded in 2019 and had previously raised approximately $30 million in cumulative funding.Glass Imaging was founded by former Apple engineers Ziv Attar and Tom Bishop, who had previously led Apple's Portrait Mode development team. Glass Imaging primarily uses neural networks to optimize camera systems for different smartphones, directly enhancing image quality during the shooting process to overcome the physical size limitations of phone cameras.As of the time of publication, OpenAI has not responded to requests for comment. Multiple market reports indicate that OpenAI is developing its own hardware products, including smartphones, earphones, and AI companion devices. (TechCrunch)
According to a report by Eleanor Terrett, an increasing number of U.S. Senate Democrats are open to supporting the Clarity Act, but remain dissatisfied with the current ethics provisions. Some Democratic senators who previously supported sending the bill to committee have yet to take a clear stance, as they had expected stronger ethics clauses to be added before a floor vote. The report noted that Senator Kirsten Gillibrand is encouraging colleagues to vote to advance the bill and continue discussions during the full Senate session.
Odaily News: ETF Store President Nate Geraci posted on X platform that the fundamental reason the CLARITY Act has not yet passed is that cryptocurrency is disrupting the traditional banking business model.He stated that although there are currently multiple controversies surrounding the bill, including ethics provisions and BRCA, the core issue is that cryptocurrency is reducing the need for banks as financial intermediaries and disrupting the banking business model that relies on net interest income, as well as the political forces that support this model.
Odaily Report: Balancer Labs co-founder Marcus Hardt posted on X that he has proposed a governance proposal to gradually shut down Balancer. Balancer had previously completed a restructuring, including halting token emissions, transferring all protocol fees to the DAO, cutting the operational budget by one-third, and reducing the team from approximately 25 people to 12.5 full-time equivalents.Marcus stated that the restructuring was completed on the cost side as planned, but revenue performance fell short of expectations. Currently, most of Balancer's protocol revenue still comes from v2, and v3 revenue has not grown enough to replace v2. Previous security incidents have also continued to affect partners' willingness to adopt v3. Marcus said he can no longer see a funded path that could change the situation, and continuing to burn through treasury funds is not reasonable. Therefore, he has proposed gradually shutting down Balancer and will not lead efforts to develop a plan for continued operations. The Balancer code will remain open source, and other teams can fork it and continue development. The relevant proposal has been submitted to the governance forum, and the final decision still rests with token holders.
Odaily reports: Apyx announced on X platform that a new round of aptUSD incentive campaign has begun, lasting for 4 weeks. Holding aptUSD can earn 3.5% APY backed by U.S. Treasuries and cash equivalents, and enjoy 24x Pips before October 12. In addition, aptUSD yields will automatically accumulate, with zero-fee exits supported, and its liquidity can continue to be used in DeFi.
U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins expressed support for the CLARITY Act to establish a regulatory framework during the hearing, while emphasizing that the SEC will still proceed with its planned crypto asset rulemaking even if the bill fails to pass.
: On September 9, Bulgaria's National Assembly passed amendments to the Tax and Social Security Procedure Code with 149 votes in favor, 0 against, and 10 abstentions, which will allow the Bulgarian National Revenue Agency to obtain detailed information on crypto asset users. The bill was approved by the 240-seat parliament.The amendments implement two European Union (EU) directives, requiring crypto asset-related businesses to register and report to the Bulgarian National Revenue Agency users' names, addresses, dates and places of birth, tax residences, and tax identification numbers, as well as to submit transaction data for various types of crypto assets, including gross amounts received, number of transactions, number of fiat buy and sell transactions, and crypto asset exchange activity.Privacy advocates criticized the scope of data collection as overly broad, arguing that mandatory disclosure of personal information could pose security risks. Crypto traders and small businesses said the registration and reporting requirements will increase compliance costs; supporters of the bill argue it aligns with EU standards and helps curb tax evasion. The relevant directives require EU member states to complete adoption by December 31, 2025. (Bitcoin.com News)
Kraken partners with Veda and Sentora to launch the xStocks vault, allowing users to earn DeFi yields by lending tokenized US stocks and ETFs.
Following feedback on the digital asset market, UK regulators have decided to develop and publish a tokenization roadmap to bolster market confidence in regulatory rules and infrastructure.
Odaily News: Coinbase posted on X platform, calling on users to urge senators to vote in support of Clarity.
Apple today officially launched the new Siri AI powered by next-generation Apple Intelligence, with updates beginning immediately for iOS 27. The feature is initially available as a beta for English users, will expand to multiple languages next month, and will not be available in the European Union initially.
Odaily News: Robinhood co-founder and CEO Vlad Tenev stated that Robinhood stock tokens will soon support physical redemption and voting features.
perpetual contract platform RWAperp has announced the completion of $2 million in financing, with a post-investment valuation of $50 million. Participants in the round include Lime co-founder Brad Bao, Cresta AI co-founder Tim Shi, Tesla Autopilot team member Phil Duan, Crux members William Freiberg and Charles Ferguson, as well as members of the a16z and Sequoia Scout networks.RWAperp is a decentralized perpetual contract protocol for traditional financial assets. It is currently live on OKX X Layer and has opened 19 markets, covering BTC, ETH, SOL, Korean and U.S. stocks, the S&P 500 Index, the DRAM Index, gold, silver, and WTI crude oil. Users can settle in USDC, USDT, or USDG and gain leveraged long and short exposure to stocks, indices, commodities, and crypto assets without needing to hold, custody, or tokenize the underlying assets.RWAperp primarily designs its trading, pricing, liquidity, and risk management systems around the trading characteristics of the stock market, and handles situations such as market closure periods, overnight gaps, trading halts, and corporate actions. The platform uses a multi-issuer composite oracle and provides a professional order book trading terminal.RWAperp is also developing Agent Mode. This AI feature is designed to understand natural language trading instructions, analyze market conditions, and gradually support trading execution operations such as opening positions, position management, and closing positions. (The Block)
Over the past year, the AI field has experienced explosive growth, and this pace seems to have left frontier AI developers struggling to keep up in a short period of time. Now, these companies are beginning to call for a slower pace of research and stronger regulation and oversight.However, the AI safety crises that have previously been brought to light are unlikely to similarly impact the customers of AI giants like Anthropic and OpenAI. Enterprises typically deploy models that have already been commercialized and whose capabilities are relatively well understood by the market. These models may not be at the absolute cutting edge of AI, but their capabilities are already powerful enough to handle the various tasks enterprises assign to them.Stephen Messer, co-founder of Collective, said that most enterprises are not using the most cutting-edge models. They may even still be using versions from two years ago, and for the work they are doing, these models are actually more than sufficient. Some users don't even really know how to effectively prompt the models. Therefore, if the pace of AI development slows down, it won't have much of an impact on them. (WSJ)
Coinbase co-founder and CEO Brian Armstrong announced that Coinbase has officially launched its tokenized stock product (Coinbase Tokenized Stocks), which utilizes fully backed real-world securities rather than synthetic instruments or debt tools, and is redeemable for the underlying shares. Dividend functionality has been integrated, with voting rights to launch soon. Targeted at global investors and institutions, the product aims to provide access to the over $70 trillion U.S. equity market.
Odaily News: tZERO stated that this funding round is part of its long-term capital plan and will be used to support business operations, next-stage growth, and the development of its Infrastructure-as-a-Service (IaaS) business. The round was led by Marc Cohodes and Max Cohodes, with participation from existing investors Intercontinental Exchange (ICE), Bill Fleckenstein, and partner Dinari, among others, while Neighborhood Intelligence committed to participate. The platform is building infrastructure covering tokenization, trading, custody, and asset servicing around tokenized securities and other assets, helping financial institutions issue and trade assets through regulated blockchain infrastructure. tZERO CEO Alan Konevsky said the company will continue to expand its tokenized financial market infrastructure business and advance toward capital independence, while also expanding tokenization and other derivatives, prediction markets, and spot crypto infrastructure services, and seeking to scale its business through strategic transactions.
Odaily News: Brian Armstrong posted on X that Coinbase Tokenized Stocks offer tokenized stocks fully backed by real securities, redeemable for the corresponding shares, and with dividends integrated; voting rights are coming soon. The product opens access to the over $70 trillion U.S. stock market for global investors and institutions.
Odaily Report: Crypto wallet MetaMask has launched new anti-scam protection features that alert users on mobile and browser extensions about risks including impersonation addresses, investment and romance scams, as well as the risk of transferring funds to a first-time recipient address.The newly added Added Protection feature can automatically revert transactions that don't match the transaction preview. It is initially launching on browser extensions, with mobile support to follow. MetaMask also uses AI to identify phishing, scams, and malicious transaction behavior. (Decrypt)
Odaily reports: Regarding the recent ecosystem-level interactions between Binance and Robinhood, Spigg, a member of the BNB Chain ecosystem, pointed out that Binance Wallet has integrated Robinhood Chain, PancakeSwap has completed its deployment on Robinhood Chain, and Binance Futures has also listed Robinhood Chain tokens; meanwhile, Robinhood has reciprocally listed BNB. Although the two are "competitors," they are still opening their ecosystems to each other.In response, Binance co-founder CZ posted on X, saying: "The BNB ecosystem is open." He also joked that some ecosystems claim to champion "decentralization" but actually operate like a highly closed "garden."