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Regulation/Compliance

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David Sacks: Leading U.S. Frontier AI Labs Sign White House SI Agreement, Will Introduce Internal Controls and External Audits

Odaily reports: David Sacks stated that heads of major U.S. chip, data center, and frontier model companies have held a meeting on the development of "superintelligence," and frontier AI lab leaders have signed the White House Superintelligence Agreement. The agreement is voluntary in nature and aims to strengthen AI safety governance through industry self-regulation.Sacks stated that signatories will assume responsibility for safe product development and implement new internal controls and independent external audit mechanisms. He believes that compared to waiting for international-level regulatory agreements, this model can establish AI safety constraints more quickly while maintaining U.S. development in related technology fields. The above assessment of policy effectiveness represents Sacks' personal views.

U.S. SEC Charges Two Platforms With Defrauding Over $15 Million Using Fake AI Stock Trading

According to Bloomberg, the U.S. Securities and Exchange Commission (SEC) filed two lawsuits against the platforms Cryptoaiml Ltd. and TSAI Pro Ltd. The complaints allege that the entities promoted fraudulent AI-driven stock trading schemes via social media group chats and falsely claimed regulatory oversight, luring hundreds of retail investors to contribute funds. The involved entities subsequently misappropriated the associated cryptocurrency and fiat currencies and transferred them to overseas accounts, resulting in investor losses exceeding $15 million.

$900,000 Bitcoin Theft Case: US Seeks Forfeiture of 110,300 USDT

Odaily News: The U.S. Attorney's Office for the District of Massachusetts filed a civil forfeiture lawsuit on September 28, seeking the forfeiture of 110,300 USDT seized from a Binance account. The case involves phishing text messages impersonating Coinbase, which led to the theft of 33.7 bitcoins, worth approximately $900,000 at the time, from a beneficiary and their family trust held in the same Coinbase account.Investigators said that between June 5 and June 15, 2023, 11.2 of the stolen bitcoins were traced to the Binance account and were quickly converted into Monero. When the FBI requested the account be frozen, it held approximately 758.55 Monero; Binance transferred 110,300 USDT to a government-controlled wallet on August 3, 2026. (Bitcoin.com News)

Trump Plans to Rename AI to SI, Rejects Tighter Regulation, Promotes Corporate Self-Regulation

Trump directed the government to rename artificial intelligence as "superintelligence" (SI) and pushed tech giants to sign a self-regulatory code of conduct, explicitly rejecting further regulatory tightening.

Kalshi in Talks to Raise $1 Billion at $40 Billion Valuation, with Sequoia Capital and Wellington Management Expected to Lead

Odaily News: Prediction market operator Kalshi is in negotiations for a $1 billion funding round at a target valuation of $40 billion. Existing investors Sequoia Capital and Wellington Management are in discussions to lead the round, with Tiger Global and Dragoneer Investment Group also participating in talks.The funding round has not yet been finalized, and the final list of investors and closing date have not been disclosed. Kalshi raised $300 million at a $5 billion valuation in October 2025, and completed a $1 billion funding round at a $22 billion valuation in May 2026.The U.S. Sixth Circuit Court of Appeals ruled against Kalshi on September 25 in lawsuits involving Ohio and Tennessee, allowing the two states to regulate its sports contracts under gambling laws. Kalshi argues that its products are regulated by the U.S. Commodity Futures Trading Commission. (Bitcoin.com News)

US SEC and CFTC Crypto Regulation Hindered by Commissioner Shortage

Due to a significant loss of key regulatory commissioners, enforcement actions and the advancement of new regulations for the crypto industry by the U.S. SEC and CFTC have been hindered, resulting in a notable decline in the number of cases being processed.

Federal Reserve Governor Waller is set to deliver a speech.

Federal Reserve Governor Waller will deliver a public speech in ten minutes, with markets focusing on his monetary policy stance and economic outlook.

Fed's Musalem says monetary policy remains accommodative following recent rate hikes.

Fed official Musallem stated that following the latest interest rate hike, the current monetary policy stance remains somewhat accommodative. This remark clarifies the current macro policy environment.

US 2-Year Treasury Yield Hits Daily Low as Williams Says No Need to Rush

The US 2-year Treasury yield is currently at 4.9030%, setting an intraday low. Federal Reserve official Williams stated that there is no need to rush further monetary policy actions after completing the rate hike in September.

Fed's Williams says no need to rush after September rate hike

Federal Reserve official Williams explicitly stated that there is no immediate need to further tighten monetary policy shortly after completing the rate hike in September. His remarks directly impact market expectations for subsequent interest rate paths.

Fed's Williams Says Could Raise Rates Once More This Year If Economy Meets Expectations

Federal Reserve Bank of New York President John Williams stated that if U.S. macroeconomic and employment data continue to meet expectations, the Federal Reserve may implement another rate hike this year. The remark clarifies the potential direction of tighter monetary policy for the remainder of the year.

Fed's Goolsbee and OpenAI's Altman set to speak

Fed's Goolsbee and OpenAI CEO Altman will deliver remarks separately in ten minutes, covering macroeconomic policy and AI sector developments.

Federal Reserve Governor Barr is set to deliver a speech.

Federal Reserve Governor Barr will deliver a public address in ten minutes, and shifts in his policy stance and wording will directly impact short-term interest rate expectations and global financial market asset pricing.

$388 Million in Crypto Assets Stolen, Bitget CEO Says Full Recovery Unlikely

Odaily News — Gracy Chen, CEO of cryptocurrency exchange Bitget, said the company is not optimistic about recovering the $388 million in crypto assets lost in last week's security incident. Citing the Bybit hack in 2025 as a reference, she noted that approximately one year after that incident, only about 3.5% of the stolen funds had been frozen, and that this does not equate to a completed recovery.Bitget has set up a bounty program offering 5% rewards for frozen funds and recovered funds respectively. The NEAR Intents team said it has intercepted over $50 million in assets related to the attack and frozen approximately $500,000. Tether and Circle have blacklisted the relevant wallets, freezing $318,000 worth of USDT and USDC.Gracy Chen stated that preliminary investigations indicate the attack may match VPN addresses used by North Korea-linked groups, but Bitget has not yet fully ruled out the possibility of an insider job. Bitget has resumed withdrawals in phases, starting with Bitcoin transactions on Monday and continuing with ETH transactions on Tuesday. (Cointelegraph)

zk.money Relaunches After Three Years, Supporting Private Payments

Odaily reports: Aztec Network developer Aztec Labs has relaunched the self-custodial wallet zk.money. The wallet can conceal payment amounts, balances, and recipient information through Aztec Network, and supports transfers via readable names or links.Users can deposit DAI, USDC, or USDT from Ethereum, with USDC and USDT being converted to DAI. Deposit records remain publicly traceable, while subsequent transaction activity remains private.The early Alpha version limits individual deposits, payments, and withdrawals to under $2,500, and screens addresses in accordance with sanctions policy. The software has not yet undergone a full audit and carries security risks. (CoinDesk)

US House Oversight Committee Expands Investigation into Insider Trading on Prediction Markets, Involving Platforms Including Hyperliquid

Odaily News: James Comer, Chairman of the U.S. House Oversight Committee and Republican Representative from Kentucky, has expanded an investigation into insider trading on prediction markets, requesting that Hyperliquid Labs, Crypto.com, and Aristotle Exchange Inc., the operator of PredictIt, explain their identity verification procedures as well as measures to identify and prevent insider trading.In letters sent Tuesday to the CEOs of the three companies, Comer requested relevant documents and information, stating that the committee is investigating whether these platforms are fulfilling their legal obligations and taking sufficient measures to identify and stop insider trading before it occurs.

US Senate Democrats did not support advancing the Clarity Act

Odaily News: Last week, no Democratic senators in the U.S. Senate voted to advance the Clarity Act, and the bill failed to move to the next procedural step. The bill was intended to establish regulatory rules for digital assets and aimed to reduce everyday transaction costs in the United States. (CoinDesk)

Trump to Have AI Lunch with Musk and Other Tech Giants, Discussing Industry Regulation

Odaily News: U.S. President Trump and House Speaker Mike Johnson will hold a luncheon on Tuesday with several AI and tech industry executives to discuss the regulation of rapidly evolving AI technology. Attendees include Elon Musk, Jeff Bezos, Microsoft CEO Satya Nadella, Nvidia CEO Jensen Huang, Meta CEO Mark Zuckerberg, AMD CEO Lisa Su, Broadcom CEO Hock Tan, and Anthropic CEO Dario Amodei. The Trump administration favors industry-led AI safety governance, but pressure to strengthen government regulation continues to rise.

Ignas:代币经济学创新并未“死去”,加密行业正重新尝试新机制

DeFi 研究员 Ignas 发文表示,自己原本担心代币经济学创新已经停滞,但事实并非如此。在经历一个周期的低流通量、高 FDV 代币发行后,加密行业正重新尝试新的代币机制,例如: 1、ZCAT 通过 3%转账税为持有者提供 ZEC 奖励; 2、BUN/Mosh 通过“Bundle Launch”让资金支持者分享交易手续费但无法提取 LP; 3、STONK 将手续费收入用于按市值加权回购并销毁排名前 15 的合规代币; 4、VVV/DIEM 允许质押 VVV 铸造 DIEM,再通过质押 DIEM 获得每日 AI 额度;5、ORBIO 则将交易手续费转化为质押者的 AI 额度; 6、BP 则要求质押至少 1 年以获得未来 IPO 股权转换资格,并根据项目增长里程碑决定代币供应解锁。 Ignas 认为,这些项目的共同点是尝试让代币不再只是融资工具,而是具备实际价值,不过也提醒社区许多机制仍依赖投机者持续交易,“投机”依然主导着加密市场。

Starting October 1, Polygon will distribute over 27 million POL incentives to stakers.

Starting October 1, Polygon will begin distributing over 27 million POL incentives to stakers. These rewards consist of POL incentives previously accrued under PIP-85 but withheld due to compliance issues, sourced from the 50% share of priority fees allocated to stakers. The distribution will run for two months, ending on December 1, and is expected to increase the staking yield from 3% to approximately 7.7%.