News linked to this event type.
Odaily reports: YZi Labs has announced the launch of its inaugural Atlas Scout Program, recruiting four students from Stanford University, Yale University, University of California, Berkeley, and University of California, Los Angeles to participate in early-stage project discovery and investment research in the Web3, AI, and biotech sectors. The program will provide intentional investment allocations of up to $1 million for relevant investment opportunities and will open up its ecosystem network of more than 300 portfolio companies. Participants can organize campus events, identify potential projects, and receive mentorship in project research, due diligence, and investment judgment. Eligible startup teams will also have the opportunity to connect with the EASY Residency program or discuss investment partnerships with YZi Labs.
Odaily reports: Bitcoin Core developers have merged a security policy adjustment. For vulnerabilities that can be easily discovered or rediscovered through simple large language model (LLM) prompts, the previous long-term confidential disclosure mechanism will no longer be used. The new rules allow developers to mark such issues as "easy to find" during vulnerability classification, then backport fixes to all still-supported versions and release them as soon as possible through minor version updates, along with a security advisory and some vulnerability details.Previously, Bitcoin Core scheduled disclosure based on vulnerability severity, with medium- and high-risk vulnerabilities usually only made public after the affected versions stopped being maintained. This adjustment stems from AI tools lowering the threshold for vulnerability discovery: in July this year, a Bitcoin Red Team composed of 16 developers used AI models to scan about 390 Bitcoin-related projects and recorded 4,962 findings in one day, of which 85 were listed as critical issues. Developers noted that continuing to extend the confidentiality period for such vulnerabilities can no longer effectively prevent attacks and instead delays the release of fixed versions; however, the new rules also mean that fixes may lack longer testing time. Currently, no vulnerability has been officially marked as falling into the "easy to find" category under the new rules. (CoinDesk)
The U.S. Securities and Exchange Commission (SEC) announced its inspection priorities for Fiscal Year 2027, continuing to conduct risk-based examinations of over 34,000 registered entities, focusing on investment advisers, funds, broker-dealers, clearing agencies, and other market participants. The SEC noted that Fiscal Year 2027 will emphasize investment adviser fiduciary duty and conflicts of interest, retail investor protection, private funds and private credit, broker anti-money laundering and trade surveillance, operational resilience, and cybersecurity. Emerging technologies and market infrastructure are also identified as key priorities. In particular, the SEC will monitor the impact of advanced technologies, including "superintelligence," on market operations, compliance, fraud prevention, and investor protection, while concurrently evaluating the risks associated with Treasury clearing reforms, tokenization, and related market structural changes.
Odaily reports: Crypto wallet Phantom began rolling out Kalshi prediction market services to U.S. users on October 23, allowing users to trade event contracts directly within the app, with availability set to gradually expand over the coming weeks. Users must complete Kalshi's KYC verification and can fund trades through a Phantom Cash account using CASH, a U.S. dollar-pegged stablecoin. Due to lawsuits in various states, Phantom will temporarily restrict sports, election, political, and certain other category markets in some states.Kevin Jacobs, Phantom's general counsel, said the company believes the U.S. Commodity Futures Trading Commission (CFTC) has clear jurisdiction over such products and will comply with state restrictions during the litigation. (The Block)
Odaily reports: CoinShares analysis indicates that the continued weakening of the U.S. housing market has provided room for the Federal Reserve to pause rate hikes, but inflationary pressure remains a key constraint on monetary policy.On the interest rate front, the market widely expects the Federal Reserve to keep rates unchanged at its October 28 meeting, but recent hotter-than-expected CPI and PPI data leave the risk of further rate hikes in place. Polymarket data shows that as of October 20, the market priced in roughly a 12% probability of a 25 basis point rate hike in October, while CME market pricing suggested about 17%; the market's expected probability of another rate hike in December is about 83%. Analysts believe that if the Federal Reserve unexpectedly raises rates in October, it could trigger a larger shock by exceeding market expectations.Bitcoin showed relative resilience this week amid volatility in risk assets, supported by recovering spot demand, improved stock market sentiment, and short covering. However, the subsequent trajectory of the crypto market will still be mainly influenced by interest rate expectations and changes in liquidity, and the policy buffer provided by housing market weakness is not yet sufficient to offset inflation risks.
Bank of America strategist Michael Hartnett stated in his latest client report that current global market risk-aversion sentiment may persist until mid-November. Until uncertainties regarding AI financing risks, pressure in the French bond market, and the US midterm elections are alleviated, the bank remains tactically cautious toward risk assets. On the liquidity front, although investors are beginning to shift toward defensive positioning, tech stock holdings remain crowded. EPFR Global data shows that tech equity funds recorded the largest capital inflows since July over the past week, and BofA’s October fund manager survey also indicates that global investors’ allocation to tech stocks has reached its highest level since August 2020. Hartnett noted that if credit spreads related to AI super cloud vendors peak, it could serve as an important signal of improved risk appetite.
The U.S. Department of the Treasury issued proposed rules to implement the COINS Act, aiming to further expand U.S. outbound investment restrictions in certain sensitive technology sectors targeting "countries of concern." The existing regime primarily targets entities related to China, while the proposed rules seek to further tighten restrictions on AI and semiconductors on that basis, extending the regulatory framework to encompass additional sensitive technologies and jurisdictions. In the AI sector, certain investments that remain permissible post-filing under current rules will be converted to outright prohibitions; regarding semiconductors, high bandwidth memory, photonic chips, and radiation-hardened chips will also be subject to stricter restrictions. Meanwhile, biotechnology has been added as a priority regulatory domain, covering areas such as brain-computer interfaces and automated laboratory software.
According to Solid Intel monitoring, New York State is seeking $1.37 billion from the fugitive NovaTech founder, and investigators have traced $134.5 million in investor funds flowing into his crypto wallets.
According to the latest episode of the Gatecast podcast, Gate founder and CEO Dr. Han shared the product philosophy and future plans for Gate Money. He stated that Gate is extending its years of accumulated experience into the fields of asset management and everyday payments to reach a broader user base, with the goal of doubling Gate Money's user base within the next one to two years. Leveraging the technical systems, institutional clients, and market-making liquidity built up through years of trading operations, Gate supports exchanges between multiple asset classes; through its global licensing footprint and partnerships with banks and payment networks, Gate Money creates the conditions for users to receive, send, and spend funds. Together, these capabilities form the operational foundation of Gate Money, enabling the platform to reduce exchange and fund transfer costs across different usage scenarios.Through capabilities spanning holding, exchanging, growing, and spending, Gate Money connects various types of assets with everyday needs. Dr. Han used "buying coffee with stocks" as an example to illustrate the consumer applications of assets beyond investment. In eligible regions, users can open bank accounts in their own name, use familiar payment and receipt methods, and have transfers processed by underlying blockchain technology; idle funds can also participate in growth through yield products.Looking ahead, Dr. Han also shared the application prospects of AI Agents providing round-the-clock assistance with asset allocation and fund management. As investment, wealth management, and everyday payments converge, Gate Money will continue to expand the application boundaries of various asset classes, driving Gate's services deeper into more everyday life scenarios.
According to U.S. financial media outlet Semafor, Elon Musk proposed a merger between Tesla (TSLA.O) and SpaceX (SPCX.O) earlier this week, and a former Department of Justice official stated that the risk of triggering antitrust issues is real. The official pointed out that antitrust regulators view such "vertical" mergers as pro-competitive because they help improve supply chain efficiency; however, if the Tesla-SpaceX merger is deemed a potential "vertical foreclosure" merger, regulators may attempt to block it.
The dYdX Treasury SubDAO has completed its seventh regular staking plan review, adjusting approximately 25.87 million DYDX this round. Approximately 10.72 million DYDX tokens previously purchased through the buyback program but not yet staked are being delegated for the first time, increasing the Treasury SubDAO's total delegated amount from roughly 90.04 million to approximately 101 million. Additionally, about 15.15 million staked tokens were reallocated.
According to The Wall Street Journal, OpenAI fired three security researchers. Internal security staff previously discovered that they had been exchanging disappearing messages via Signal with external AI safety researchers, and suspected that the chats contained sensitive information, including details about OpenAI’s internal model design. The investigation reportedly began following a September article on OpenAI’s latest model, Astra. The report noted that Astra employs a new design that enhances model capabilities while reducing human-observable reasoning processes. OpenAI viewed the article as a potential leak of internal model design and began tracing the source.
According to The Wall Street Journal, SK Hynix has officially called off the U.S. IPO plan for its memory chip subsidiary Solidigm and terminated the concurrent pre-IPO financing. The company said the decision was primarily based on recent capital market conditions and stock price trends, and does not signal any changes in Solidigm's business outlook or investment needs.
The Monetary Authority of Singapore (MAS) announced that Bank Negara Malaysia (BNM) and the Bank of Thailand (BOT) have joined Project BLOOM as policy-making members. The three central banks will collaborate with industry participants in their respective jurisdictions to explore acceptance, conversion, and settlement mechanisms for various forms of digital currencies across cross-institutional, cross-network, and cross-jurisdictional scenarios.
According to The Block, the Ethereum Foundation announced a delay of the Glamsterdam upgrade, originally scheduled for October 26 on the Hoodi testnet, to allow for further review of EIP-8037's interaction with mainnet smart contracts. A new activation date has not yet been announced. Hoodi is one of Ethereum's test networks, primarily used to validate network upgrades before they go live on the mainnet.
According to reports by Korean media outlet Digital Asset, the Second Division of the Seoul Administrative Court held its first hearing on Oct. 22 regarding the administrative lawsuit between Bithumb and Korea's Financial Intelligence Unit (FIU). The FIU found that Bithumb conducted 45,772 transfers with 18 unregistered crypto asset operators between August 28, 2022, and April 3, 2025, and accordingly issued penalties, which included a partial suspension restricting new customers from transferring crypto assets externally for six months. Bithumb stated during the hearing that transfers of 1 million KRW or above are subject to the "travel rule," and since unregistered operators have been removed from the list of eligible exchanges, there were zero non-compliant outbound transfers in that tier. Transfers under 1 million KRW were not covered by the travel rule at the time; thus, the platform had no legal basis to demand that customers provide recipient exchange details, nor did regulators specify clear blocking protocols. Bithumb also noted that after implementing the Chainalysis API, only about 2% of initially unverifiable addresses were later identified as FIU-designated unregistered operators. Enforcing blanket blocks would disrupt the remaining 98% of legitimate transactions, potentially exposing the platform to customer compensation claims. Bithumb further argued that the six-month penalty is excessively severe and practically amounts to banning the platform from acquiring new customers. The company also challenged the FIU's criteria for classifying overseas operators and the grounds for the...
via The Block on X that, according to the New York Post, prediction market platform Polymarket has fired its Chief Marketing Officer Matthew Modabber, who was closely associated with Polymarket CEO Shayne Coplan.According to reports, the dismissal followed an internal investigation. The investigation was launched earlier this year, prompted by a series of incidents that raised concerns among the company's investors.
According to Cointelegraph, Bitcoin Core developer Antoine Poinsot stated on Thursday on the bitcoin-dev mailing list that large language models (LLMs) have made certain software vulnerabilities extremely easy to rediscover. Maintaining long-term secrecy is already of limited value and instead delays the release of patched versions, prompting the team to update its vulnerability disclosure policy. The new policy dictates that "easily discoverable" vulnerabilities, which can be identified with minimal cost such as through simple LLM prompts, will be patched as soon as possible across all supported major versions, alongside the simultaneous release of security advisories. Other vulnerabilities will continue to be disclosed based on severity: low-severity vulnerabilities will be disclosed two weeks after the release of the major version containing the fix; medium-to-high-severity vulnerabilities will be disclosed two weeks after the end-of-life (EOL) of the last affected version, typically around one year after the patch release; critical vulnerabilities will be handled through a dedicated process.
Bitcoin Core has adjusted its security vulnerability disclosure policy, defining easily discoverable vulnerabilities as those that can be found through simple large language model prompts, and will release fixes as soon as possible across all major versions still under maintenance, while publishing security advisories.Bitcoin Core developer Antoine Poinsot stated that in the past, vulnerabilities were typically kept confidential during a longer disclosure embargo period to allow users to upgrade, but large language models have lowered the threshold for rediscovering certain vulnerabilities, limiting the protective value of delayed fixes.Low-severity vulnerabilities will be disclosed two weeks after the major version containing the fix is released; medium- and high-severity vulnerabilities will be disclosed two weeks after the affected version reaches end of life, typically about one year after the fix enters a new version. Critical vulnerabilities are not subject to the standard policy and will be handled through ad hoc procedures.In August, the volunteer organization Bitcoin Red Team reported nearly 5,000 potential issues across 390 projects, with about one-fifth having been reproduced at the time. Core Lightning developers that same month asked node operators to upgrade or take nodes offline, and delayed disclosure of technical details for two weeks. (Cointelegraph)
According to Bitcoin.com, Colombia’s Attorney General’s Office announced Wednesday that eight individuals suspected of using cryptocurrency to launder money for drug trafficking organizations have been arrested in coordination with U.S. intelligence agencies. Police and military forces carried out synchronized operations across four locations: Cali, Medellín, Barranquilla, and Bogotá. Among those detained were seven members, including the gang’s leader, Guillermo Carpio Cardenas (alias “Gallo”). The U.S. District Court for the District of Puerto Rico alleged that the syndicate obscured the origins of drug proceeds and evaded financial intelligence oversight through deposit networks, encrypted tokens, and smurfing. Another suspect, Nassim Orfale Vasquez, was apprehended in Barranquilla and has been indicted by the U.S. District Court for the Southern District of New York. According to the Internal Revenue Service (IRS), he processed over $42 million in suspicious cryptocurrency transactions since 2018, and authorities are currently investigating whether a larger money-laundering network operates along Colombia’s coastline.