News Heat Trend
Project Overview
Permissionless is a deep tech corporation committed to building public infrastructure for the new web. It advocates machine intelligence and blockchain as technologies for solving some of mankind's most complex problems.
David Sacks warns: Chinese AI model tops coding benchmark, US regulatory constraints may weaken AI competitiveness
Odaily Odaily News Former White House Crypto and AI Director David Sacks posted on X, stating that the Chinese AI model Kimi K3 has topped the Frontier Code Arena front-end coding benchmark for the first time, and has reached or approached industry-leading levels in several other benchmark evaluations. This trend is noteworthy. While China's AI capabilities are rapidly improving, the US is mired in internal strife due to regulatory controversies. He criticized some US politicians and regulatory bodies for restricting new data center construction, increasing state-level regulatory requirements, and promoting the establishment of new federal agencies for pre-approval of frontier AI models.David Sacks warned that if the US slows down innovation due to excessive regulation, it may lose its competitive edge in the global AI race. "The US won the internet era through permissionless innovation, and it can win the AI era the same way; otherwise, we will see our leading position gradually erode." While AI development still needs to address safety risks, regulation should be precise, not hinder technological innovation. His remarks have once again sparked discussion on AI regulation, computing infrastructure construction, and the competitive landscape between China and the US.
Caixin: Singapore Plans to Optimize Capital Requirements for Banks’ Crypto Assets, Public-Chain Assets to Receive More Favorable Treatment
According to Caixin, the Monetary Authority of Singapore (MAS) released a consultation paper on April 17, 2026, proposing more accommodating regulatory capital guidelines for crypto assets on permissionless blockchains (i.e., public blockchains) ahead of implementing the Basel Committee’s new capital requirements for crypto assets. The current Basel framework is viewed as overly stringent in its classification of public blockchain-based assets, potentially stifling banking-sector innovation. MAS plans to abandon a “one-size-fits-all” classification approach and instead allow public blockchain-based crypto assets that meet a set of principle-based criteria to be classified as Group 1 crypto assets—carrying lower risk weights and less stringent prudential requirements—to achieve regulatory technology neutrality.
Hyperliquid Opens Permissionless Prediction Market Deployment, Requires Staking 500,000 HYPE
Hyperliquid will open permissionless prediction market deployment in the subsequent enhancement following the HIP-4 upgrade, allowing anyone to create prediction markets on the platform. This feature will first launch on the testnet, followed by the mainnet; currently, related markets are entirely controlled by validators. Hyperliquid stated that in the future, markets operated by validators should ideally be less than 10 per year, with the remaining markets open to external deployers. Deploying a market requires staking 500,000 HYPE, approximately $30 million; if validators determine that a market is poorly defined or incorrectly settled, the staked assets may be slashed. Deployers can receive up to 50% of the trading fees from that market.
dYdX may announce a new product
the dYdX official X account has been posting countdown teasers, and it has now entered the final day. Since June 25, dYdX has been releasing a series of countdown posts for "5 days," "4 days," "3 days," "2 days," and "1 day." Previously, dYdX stated, "Permissionless access to the world's most powerful markets" and announced the official start of the countdown, with related news expected to be revealed tomorrow.
Caixin: Singapore Plans to Optimize Capital Requirements for Banks’ Crypto Assets, Public-Chain Assets to Receive More Favorable Treatment
According to Caixin, the Monetary Authority of Singapore (MAS) released a consultation paper on April 17, 2026, proposing more accommodating regulatory capital guidelines for crypto assets on permissionless blockchains (i.e., public blockchains) ahead of implementing the Basel Committee’s new capital requirements for crypto assets. The current Basel framework is viewed as overly stringent in its classification of public blockchain-based assets, potentially stifling banking-sector innovation. MAS plans to abandon a “one-size-fits-all” classification approach and instead allow public blockchain-based crypto assets that meet a set of principle-based criteria to be classified as Group 1 crypto assets—carrying lower risk weights and less stringent prudential requirements—to achieve regulatory technology neutrality.
Related news
Hyperliquid Opens Permissionless Prediction Market Deployment, Requires Staking 500,000 HYPE
Hyperliquid will open permissionless prediction market deployment in the subsequent enhancement following the HIP-4 upgrade, allowing anyone to create prediction markets on the platform. This feature will first launch on the testnet, followed by the mainnet; currently, related markets are entirely controlled by validators. Hyperliquid stated that in the future, markets operated by validators should ideally be less than 10 per year, with the remaining markets open to external deployers. Deploying a market requires staking 500,000 HYPE, approximately $30 million; if validators determine that a market is poorly defined or incorrectly settled, the staked assets may be slashed. Deployers can receive up to 50% of the trading fees from that market.
David Sacks warns: Chinese AI model tops coding benchmark, US regulatory constraints may weaken AI competitiveness
Odaily Odaily News Former White House Crypto and AI Director David Sacks posted on X, stating that the Chinese AI model Kimi K3 has topped the Frontier Code Arena front-end coding benchmark for the first time, and has reached or approached industry-leading levels in several other benchmark evaluations. This trend is noteworthy. While China's AI capabilities are rapidly improving, the US is mired in internal strife due to regulatory controversies. He criticized some US politicians and regulatory bodies for restricting new data center construction, increasing state-level regulatory requirements, and promoting the establishment of new federal agencies for pre-approval of frontier AI models.David Sacks warned that if the US slows down innovation due to excessive regulation, it may lose its competitive edge in the global AI race. "The US won the internet era through permissionless innovation, and it can win the AI era the same way; otherwise, we will see our leading position gradually erode." While AI development still needs to address safety risks, regulation should be precise, not hinder technological innovation. His remarks have once again sparked discussion on AI regulation, computing infrastructure construction, and the competitive landscape between China and the US.
dYdX may announce a new product
the dYdX official X account has been posting countdown teasers, and it has now entered the final day. Since June 25, dYdX has been releasing a series of countdown posts for "5 days," "4 days," "3 days," "2 days," and "1 day." Previously, dYdX stated, "Permissionless access to the world's most powerful markets" and announced the official start of the countdown, with related news expected to be revealed tomorrow.
Caixin: Singapore Plans to Optimize Capital Requirements for Banks’ Crypto Assets, Public-Chain Assets to Receive More Favorable Treatment
According to Caixin, the Monetary Authority of Singapore (MAS) released a consultation paper on April 17, 2026, proposing more accommodating regulatory capital guidelines for crypto assets on permissionless blockchains (i.e., public blockchains) ahead of implementing the Basel Committee’s new capital requirements for crypto assets. The current Basel framework is viewed as overly stringent in its classification of public blockchain-based assets, potentially stifling banking-sector innovation. MAS plans to abandon a “one-size-fits-all” classification approach and instead allow public blockchain-based crypto assets that meet a set of principle-based criteria to be classified as Group 1 crypto assets—carrying lower risk weights and less stringent prudential requirements—to achieve regulatory technology neutrality.