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Sequans exits Bitcoin market; crypto firms trade at valuation discount
Public trading data shows that several publicly listed companies holding Bitcoin are currently trading below their net asset value. A typical example is French company Sequans, which has announced the sale of its entire Bitcoin inventory.
Polymarket odds for "OpenAI's valuation will reach $1 trillion by the end of 2026" have risen to 82%, up 20% in 24 hours
PPP prediction market monitoring shows that on Polymarket, the probability of "OpenAI's valuation will reach $1 trillion by the end of 2026" has risen to 82%, up 20% in 24 hoursIf from the event creation date through December 31, 2026, the OpenAI NPM Price published by Nasdaq Private Market corresponds to a private market valuation that at any point reaches or exceeds the target valuation set by the event, it resolves as "Yes"; otherwise, it resolves as "No."NPM publishes data only on trading days and updates it at 1:00 PM ET the following day. If by January 1, 2027, relevant data has still not been published, the event may remain open at the latest until January 4 at 11:59 PM.If OpenAI conducts an IPO or direct listing during this period, then in addition to the pre-listing NPM valuation, the valuation corresponding to the official offering price and the public market market cap from after listing through December 31, 2026, will also be referenced. Public market cap is calculated as "the highest/lowest official trading price on a trading day × the total number of outstanding common shares at that time."In simple terms: as long as before the end of 2026, OpenAI has at any point reached the valuation threshold set by the event according to NPM or official post-listing market data, it counts as "Yes."Join the PPP signal push community to stay one step ahead and seize the opportunity.
IMF Confirms El Salvador's Bitcoin Purchase Funds Come from Private Donations, Not Public Funds
According to CoinDesk, the IMF confirmed that all new Bitcoin accumulated by El Salvador since its first review in June 2025 came exclusively from private donations, without utilizing any public funds. El Salvador's official Bitcoin holdings have now reached 7,764.37 BTC. The balance had previously surged by more than 1,000 BTC in November alone, and has since been increasing at a pace of one BTC per day. The IMF did not disclose the identities of the donors or the specific donation amounts. Meanwhile, both parties reached a staff-level agreement on the second and third joint reviews of the $1.4 billion financing program. El Salvador is expected to receive approximately $140 million, pending IMF Executive Board approval for it to take effect.
Artificial intelligence company Humain plans to raise $2.5 billion to establish a data center investment fund.
According to Bloomberg, AI company Humain is planning to raise its first $2.5 billion in funding to establish a fund dedicated to data center investments. Sources familiar with the matter said the fund will finance 250 megawatts of data center capacity being developed in partnership with Al Moammar Information Systems, with the total scale potentially expanding to 1 gigawatt in the future. Backed by Saudi Arabia’s Public Investment Fund (PIF), Humain is advancing local AI compute and data center infrastructure to meet growing demand for AI processing.
Crypto industry stakeholders submit differentiated rule proposals to SEC on novel ETF regulation
Odaily News Crypto enterprises, asset managers, market makers, and consumer advocacy groups have submitted comments to the U.S. Securities and Exchange Commission (SEC) in response to its request for input on the regulatory framework for "novel ETFs," covering exchange-traded products such as crypto assets, private assets, event contracts, and leveraged strategies.Crypto industry organization Crypto Council for Innovation (CCI) recommended extending certain regulatory accommodations applicable to ETFs to non-ETF exchange-traded products. Venture capital firm Andreessen Horowitz (A16z) stated that the SEC should assess products based on their underlying assets and risk profiles, rather than treating all novel ETFs as a single category.Grayscale opposed adding new portfolio restrictions for mature digital asset products, while Chainalysis suggested leveraging public blockchains to enable real-time monitoring and verifiable disclosures. Kalshi expressed support for including event contracts in registered funds, whereas consumer advocacy group Public Citizen opposed offering event contract ETFs to retail investors. The SEC will evaluate whether to adopt a unified regulatory framework or craft separate rules based on product structure and risk. (Decrypt)
SEC Proposes Reg Crypto, Establishing Legal Pathways for Certain Token Public Offerings and Investment Contract Exits
: Galaxy's Head of Research posted on X, stating that on August 18, the U.S. Securities and Exchange Commission proposed the "Regulation Crypto Assets," abbreviated as Reg Crypto. The proposal aims to establish a legal pathway for certain tokens to be offered to the U.S. public and to set up a mechanism for terminating investment contracts. Its applicability is limited to crypto assets that are not themselves securities but were previously issued or sold as part of an investment contract; tokenized stocks, bonds, and arrangements bundling tokens with equity or other securities are not covered by the framework.The proposal sets out four stages: offering, disclosure, build-out, and exit. A one-time startup exemption allows issuers to raise up to $5 million over a maximum of four years; a higher-threshold exemption modeled on Regulation A permits raising $20 million or $75 million within 12 months. Such offerings must pass SEC qualification review and involve ongoing disclosure, with non-accredited investors capped at 10% of the higher of their annual income or net worth. Issuers are also required to disclose token supply and unlock schedules, minting and burning mechanisms, governance and smart contract permissions, source code, as well as project construction commitments and progress.Once an issuer completes or permanently ceases the relevant build-out obligations, makes no new construction commitments, and submits a transition report, the related investment contract will be deemed terminated, and the crypto asset will no longer be subject to securities laws under that investment contract. Issuers that did not use the above offering exemptions may also use this safe harbor. The SEC estimates that approximately 475 issuers per year would use the investment contract safe harbor, and about 130 issuers would use the two new exemptions. Offerings that qualify would not be considered restricted securities and could be resold immediately without contractual restrictions.The proposal also excludes covered initial offerings and certain secondary transactions from state registration and qualification requirements, but it does not address exchanges, brokers, dealers, or custody, nor is it a standalone innovative exemption for tokenized securities and on-chain transactions. The comment period is 60 days after publication in the Federal Register. SEC Chairman Paul Atkins and Commissioners Hester Peirce and Mark Uyeda all issued statements of support. The article was written by Alex Thorn.
R25 Studio Opens Public Beta: Fund Setup Compressed from Months to 10 Minutes, Onchain Asset Management Enters the Programmable Era
R25 today announced the official public beta launch of R25 Studio, the core product of its 2.0 architecture.R25 Studio is dedicated to realizing the vision that "anyone can become an asset manager," fully opening up institutional-grade fund setup, operations, and distribution capabilities. By abstracting cumbersome legal documents, back-end systems, and compliance processes into configurable smart contracts, R25 Studio has successfully compressed the fund setup timeline from months to just 10 minutes.The platform is built around four pillars — Build, Manage, Earn, and Distribute — covering Vault creation, subscription and redemption, investment management, fee earning, and distribution. Asset managers no longer need to build complex fund structures from scratch; they can autonomously configure investment parameters, management fees, and performance fee rates onchain, generate dedicated Vault Tokens/Shares, and list their Vaults on channels such as Dapp and Topnod. The platform also provides performance data including NAV, APY, cumulative returns, and maximum drawdown, helping asset managers monitor strategy performance in real time.Previously during the 1.0 phase, Axil launched a private credit Vault on R25 and successfully surpassed $130 million in TVL, validating the reliability of this infrastructure.The application channel for the first batch of managers is now open. (Please click the original link)
Bybit Completes Deloitte SOC 2 Type II Audit, Continues to Strengthen Global Security and Compliance Matrix
Bybit has announced the completion of a SOC 2 Type II audit independently conducted by Deloitte. This marks a key step forward in Bybit's ongoing investment in security and compliance, proactively benchmarking against the security governance standards of top global financial institutions.According to available information, SOC 2 Type II is established by the American Institute of Certified Public Accountants (AICPA) and is one of the most rigorous internationally recognized standards for security and operational assurance. Bybit stated that this audit independently verified the effective operation of its security framework across governance, technology, processes, and personnel, reflecting management's long-term commitment to making user protection a core priority at all levels.In terms of compliance development, Bybit is accelerating the construction of a multi-dimensional security moat. This SOC 2 Type II report will deeply complement its existing ISO/IEC 27001 certification and PCI DSS compliance validation, building a more comprehensive compliance system spanning information security, data protection, and operational reliability.Bybit stated that in the face of evolving industry and regulatory demands, the platform will continue to increase its investment in security capabilities, further solidifying the trust foundation of over 80 million global users and institutional partners through enhanced transparency and the introduction of independent reviews.
Polymarket odds for "Trump to officially rename AI by December 31" rise to 66%, up 17% in a single week
According to monitoring by PPP prediction market tool, Polymarket odds for "Trump to officially rename AI by December 31" have risen to 66%, up 17% in a single week.According to the settlement rules, Trump must formally adopt a new official name for "AI" or require the federal government to adopt a new name via executive order, presidential proclamation, or presidential memorandum before 11:59 PM Eastern Time on the specified date. Public statements, speeches, interviews, press conferences, and social media posts do not count.Previously, Trump reiterated his opposition to regulating Artificial Intelligence (AI) during a speech at the United Nations General Assembly in New York. He also stated that the term "Artificial Intelligence" underestimates the value of this technology and expressed hope that countries around the world would also adopt the new name "Super Intelligence."Join the PPP signal push community to stay one step ahead and seize the opportunity.
California Legislation Bans Public Officials from Issuing Memecoins, Multiple Consumer Protection Bills Take Effect Simultaneously
According to the official website of the Governor of California, Governor Gavin Newsom signed multiple bills on September 27, with core measures including: banning California public officials from issuing meme coins and prohibiting exchanges from listing meme coins that feature the likeness of public officials; cracking down on cryptocurrency fraud and money laundering while establishing victim recovery mechanisms; and clarifying procedures for the forfeiture of cryptocurrency assets linked to transnational criminal networks. Additionally, the legislation encompasses consumer protection clauses regarding performance ticket refund guarantees, bans on the resale of restaurant reservations, and enhanced consumer data privacy. In his signing statement, Newsom explicitly criticized Trump’s 2025 personal meme coin, stating that nearly 1 million purchasers have suffered cumulative losses exceeding $3 billion, while Trump himself has profited approximately $636 million.
Over 40,000 Leaked Documents from Curaçao Gambling Regulator Made Public, Involving Nearly 650 Licensed Companies
Odaily reports: A leaked document archive from Curaçao's gambling regulator has been made public, with over 40,000 documents related to licensed casinos searchable. The documents are said to cover approximately 800 owners across nearly 650 licensed companies, and the archive states that inclusion does not imply any illegal or improper conduct.The Curaçao Gaming Authority (CGA) confirmed that its licensing portal suffered unauthorized access, and the related forensic investigation is still ongoing. Technology service provider Softswiss stated that it does not operate online casinos nor provide gambling services to end users; the CGA said the operator "network" described in reports is a fabricated construct. (Bitcoin.com News)
Brazil's New Capital Rules Take Effect, Around 290 Crypto Exchanges Face Market Exit, Capital Requirements Reach Up to $7.2 Million
Odaily News: The Central Bank of Brazil's new regulations require virtual asset service providers to meet capital, audit, anti-money laundering, and continuous reporting compliance requirements, with capital requirements reaching up to 37.2 million reais, approximately $7.2 million. Of the current approximately 300 related institutions, only 20 to 25 may qualify to apply for authorization, and only 10 are expected to receive licenses.Some small platforms have already ended or restructured their retail operations, including Bitnuvem, NovaDAX, Digitra, and Coinext, but these platforms did not attribute the relevant decisions to the new rules. Institutions that fail to meet the requirements will also face ongoing compliance costs, and some operations may find it difficult to sustain.Relevant institutions must apply for authorization by October 30, and those that do not apply will cease operations within 30 days and notify customers. Isabel Longhi, Head of Public and Regulatory Policy for Latin America at Ripple, stated that market consolidation is expected to occur as Brazil's crypto market matures, but the new rules will limit innovation in the short term. (Bitcoin.com News)
Shanghai Police Dismantle Underground Bank Facilitating Cryptocurrency Cross-Border Exchanges, Involving Nearly 20 Billion Yuan
According to the Shanghai Municipal Public Security Bureau, Shanghai police recently dismantled a major underground banking operation involving the use of virtual currencies for illegal cross-border foreign exchange, arresting 19 suspects in a case involving nearly 20 billion yuan. Authorities stated that since August 2024, the syndicate facilitated cross-border currency swaps through a "RMB–virtual currency–foreign currency" pathway: domestic funds were used to purchase virtual currencies, which were then sold via overseas channels to obtain foreign currency before being transferred to client-designated accounts, with service fees collected in the process. Five principal suspects have been formally arrested on suspicion of the crime of illegal business operations and the crime of assisting information network criminal activities, while the case remains under further investigation.
Texas Pauses Approvals for ERCOT-Related Data Centers; Bitcoin Miners with Approved Power Contracts Likely Unaffected
Odaily News – Texas Governor Greg Abbott on Monday directed the Texas Public Utility Commission and the Electric Reliability Council of Texas (ERCOT) to audit all data centers seeking to connect to the state's power grid, and paused approvals for ERCOT-related data center projects. The audit timeline has not been disclosed. Bernstein analysts stated that most Bitcoin mining firms operating in Texas have already signed approved power capacity contracts, and their operations are not expected to be affected by the approval pause. They believe the audit will curb speculative data center pipelines, making real sites with development history more valuable. The analysts noted that Cipher Digital, Core Scientific, and CleanSpark's Texas operations may become more vulnerable to public opposition to data center expansion during future ERCOT approval processes to convert pipeline assets into grid-connected power capacity. IREN and Riot Platforms' Texas mining operations have already received full approval from the ERCOT grid.
South African Treasury and Central Bank Release Draft Manual on Cross-Border Crypto Asset Regulation, Seeking Public Comments
According to an official media announcement, the South African National Treasury and the South African Reserve Bank (SARB) jointly released the "Draft Manual on Cross-Border Crypto Asset Activities" on August 3, 2026, which is now open for public consultation with a deadline of September 30, 2026. The manual is implemented in conjunction with the previously released "Draft Regulations on Capital Flow Management 2026," aiming to strengthen supervision over cross-border financial activities and prevent risks related to illicit financial flows associated with crypto assets. The manual clarifies the trigger points for cross-border crypto asset transactions—when crypto assets are transferred between a domestic authorized CASP and a foreign CASP, or from a domestic authorized CASP to a non-custodial wallet, it constitutes cross-border capital inflow or outflow and must be reported to the Financial Supervision Department (FinSurv). It is worth noting that at this stage, only individuals are allowed to conduct crypto asset outflow operations through authorized CASPs within the single discretionary allowance or foreign capital allowance; South African entities are temporarily not allowed to conduct related cross-border operations. In addition, the manual currently does not distinguish between different types of crypto assets, nor does it list crypto assets as official South African currency.
JPMorgan: Bitcoin's Biggest Risk Is Not MicroStrategy Selling Pressure, But Blockchain Adoption Bypassing Public Chains
According to The Block, JPMorgan analysts pointed out in their latest report that although Strategy's Bitcoin selling plan has triggered market attention, it is not the core risk facing Bitcoin. The real structural threat lies in the fact that blockchain applications such as tokenization, payments, and settlements are increasingly occurring on permissioned chains (Permissioned Blockchain), rather than on public chains such as Ethereum. If this trend continues, the public chain ecosystem will face issues such as declining liquidity and weakened capital inflows, ultimately dragging down Bitcoin valuations. The analysts also warned that the proliferation of bank-built blockchain infrastructure and tokenized deposits could undermine the position of stablecoins in institutional payments; regulated alternatives such as SWIFT's blockchain plan, the digital euro, and the digital yuan also constitute competitive pressure. However, the analysts also pointed out that if hybrid public-private chain models emerge, stablecoin regulation becomes clearer, or Bitcoin continues to be held as "digital gold", the aforementioned risks may be mitigated.
Eight Chinese government departments, including the China Securities Regulatory Commission (CSRC), have launched a comprehensive campaign to crack down on illegal cross-border securities, futures, and fund-related activities.
The China Securities Regulatory Commission (CSRC), the Ministry of Industry and Information Technology, the Ministry of Public Security, the People’s Bank of China, and five other departments jointly issued the “Implementation Plan for Comprehensive Rectification of Illegal Cross-Border Securities, Futures, and Fund Operations,” specifying a two-year concentrated campaign to tackle illegal cross-border securities, futures, and fund operations, with the goal of “resolutely banning illegal activities and steadily clearing existing cases.” The plan prohibits overseas institutions from conducting marketing, account opening, trade order processing, and fund transfers illegally within China; bans internet platforms, self-media outlets, and domestic entities from providing traffic-driving, technical, or customer service support; and mandates that, during the rectification period, existing accounts may only conduct one-way sell orders and fund withdrawals.
$HTX Integrates into the B.AI Ecosystem, Further Expanding the Boundaries of the AI Scenario Ecosystem
According to official announcements, B.AI has added support for $HTX deposits. Public information indicates that B.AI is a financial infrastructure built for the AI Agent era, dedicated to addressing core requirements of AI Agents in areas such as model integration, payments, clearing and settlement, identity management, and collaboration. As the sole designated partner token of Huobi HTX, $HTX’s integration with B.AI is viewed by the market as a further expansion of $HTX into the AI application ecosystem.
After the French data leak, scam calls impersonating crypto platform customer service are on the rise
Odaily reports: Owen Simonin, founder and CEO of French crypto platform Meria, stated that following several recent data breach incidents in France, there has been an increase in scam calls impersonating customer service representatives from legitimate platforms such as Binance and Meria.Scammers falsely claim that users' accounts or funds are at risk, inducing them to urgently transfer their crypto assets to designated addresses. Simonin emphasized that platforms will not ask users to initiate transactions or provide personal information when users have not proactively contacted them.In August, the French General Directorate of Public Finances (DGFiP) disclosed that a data breach incident allowed hackers to obtain the data of 678,000 taxpayers. (Bitcoin.com News)
Liquid Network Vulnerability Disclosure Handling Sparks Public Dispute Between Samson Mow and Bitcoin Red Team
Bitcoin News posted on X stating that Samson Mow and Bitcoin Red Team researcher Calle are engaged in a public dispute over whether security warnings related to a Liquid Network exploit were properly handled. Calle claims that Blockstream did not act on the Red Team's email, ultimately resulting in a loss of 600 BTC; Mow responded by saying "no email was ignored." Calle stated that once Blockstream restores normal Liquid operations and publishes a post-mortem report, the Red Team will release a full account of the disclosure process. Mow separately warned against blindly trusting AI-generated security reports, saying that unverified fixes could introduce new vulnerabilities, and criticized researchers who prioritize pursuing "clout" over protecting Bitcoin.
Argentine Prosecutor's Office Conducts Specialized Training on Crypto Asset Tracking and Confiscation
According to CriptoNoticias, Argentina's Public Prosecutor's Office (MPF) conducted a specialized training course titled "Virtual Assets: Financial Analysis, Tracking, Detection and Confiscation" via Zoom on August 19 and September 2, 2026, for internal staff, officials, and judges. Led by anti-money laundering specialist Carmen Chena, the curriculum covered digital wallet asset analysis, domestic and international legal frameworks, the cryptocurrency ecosystem, and practical case studies on preservation measures. Previously, Argentina's judiciary had already accumulated extensive experience in cryptocurrency-related cases, including the freezing of 3 million USDT in December 2024 and the 2022 ruling ordering Binance to return stolen BTC.
Ledger Ethereum App Version 1.22.1 Contains Transaction Replacement Vulnerability — Users May Review One Transaction While Signing Another
Odaily News: OneKey Anzen has reproduced the Ledger vulnerability and discovered that Ledger Ethereum app version 1.22.1 contains a transaction replacement vulnerability. When an affected user is attacked, the hardware screen still displays transaction A under review, but the device may sign transaction B, which the user never viewed. OneKey Anzen stated that the issue stems from a race condition between the transaction display logic and the underlying buffer, with the attack requiring the host side to already be compromised by a malicious DApp or intermediary software. Ledger's CTO previously responded that a fix had been rolled out approximately two weeks ago, and users simply needed to update the app. Public information shows that the official tag for version 1.22.2 on Ledger's GitHub appeared on August 24. Ledger's official website states that the issue has been fixed through app-level checksums and SDK-layer patches, with Ledger Secure SDK v26.6.1 released on August 21, and the related apps have been rebuilt and republished. Users need to update the app via Ledger Live — updating only the device firmware will not complete the fix. Ledger stated that there is currently no evidence that this vulnerability has been actively exploited.
Hackers Exploit macOS Screen Sharing Vulnerability to Gain Root Access and Mine Monero
Odaily News: The Dutch National Cyber Security Centre (NCSC) has reported that attackers are exploiting a vulnerability in Apple's macOS Screen Sharing feature to take control of devices and install Monero mining programs. Multiple systems with port 5900 exposed to the internet have been compromised, with attackers gaining root access. The vulnerability, tracked as CVE-2026-65400, has a severity score of 7.1 out of 10. It stems from a state management error in the authentication process, allowing remote attackers to bypass login verification without valid credentials. Public proof-of-concept code has already been circulated. Apple has addressed the issue in macOS Sequoia 15.7.9, Sonoma 14.8.9, and Tahoe 26.6.1. The NCSC advises users to update their systems promptly and avoid exposing the Screen Sharing service directly to the internet. (Decrypt)
French Tax Data Breach Affects Nearly 678,000 People, Potentially Heightening Violent Attack Risks Against Crypto Holders
Odaily News: The French Finance Minister has confirmed that hackers breached the systems of the French Public Finance Directorate in late June and stole taxpayer data belonging to individuals and businesses. According to FrenchBreaches, a platform that tracks cyberattacks in France, this incident affects approximately 678,437 people, roughly 1% of France's population, though the exact number is still under investigation and has not been finalised.The compromised data reportedly includes sensitive information such as names, dates of birth, home addresses, phone numbers, email addresses, tax identification details, and income data. Among those affected, nearly 27,000 individuals had taxable income of at least €100,000, 386 exceeded €1 million, and another 8 surpassed €10 million.Reports indicate that the database has been listed for sale on dark web marketplaces for several thousand euros. The attacker, going by the name ZeroBytes, claims to have extracted the records using an internal search tool before being detected and having access cut off.The incident has raised concerns within the crypto industry, as France has seen a noticeable increase in "wrench attacks" targeting crypto holders in recent years. If high-income individuals' addresses and contact details are exposed, it could provide criminals with a more precise list of targets.
Fairblock Launches Privacy Stablecoin CUSD on Arbitrum, Supporting Public or Private Transfers
Odaily News: Decentralized privacy solution Fairblock has announced the launch of privacy stablecoin CUSD. CUSD is built on PYUSDx and supported by M0, PayPal, MoonPay, and Predicate. It is initially deployed on Arbitrum and supports public transfers, as well as the ability to hide payment amounts and account balances. Institutions can use it to protect payroll distribution, treasury management, and OTC settlement information, while individuals can hide on-chain payment amounts and transaction flows. Fairblock stated that it will subsequently drive adoption and expand the use of privacy features through economic incentives, with more details to be announced separately.
Reddit to End RSS Support on November 13, Public API Set to Shut Down Next March
Reddit will discontinue RSS support on November 13 and plans to shut down its public API in March 2027, pushing developers to migrate to the Developer Platform.
R25 Studio Opens Public Beta: Fund Setup Compressed from Months to 10 Minutes, Onchain Asset Management Enters the Programmable Era
R25 today announced the official public beta launch of R25 Studio, the core product of its 2.0 architecture.R25 Studio is dedicated to realizing the vision that "anyone can become an asset manager," fully opening up institutional-grade fund setup, operations, and distribution capabilities. By abstracting cumbersome legal documents, back-end systems, and compliance processes into configurable smart contracts, R25 Studio has successfully compressed the fund setup timeline from months to just 10 minutes.The platform is built around four pillars — Build, Manage, Earn, and Distribute — covering Vault creation, subscription and redemption, investment management, fee earning, and distribution. Asset managers no longer need to build complex fund structures from scratch; they can autonomously configure investment parameters, management fees, and performance fee rates onchain, generate dedicated Vault Tokens/Shares, and list their Vaults on channels such as Dapp and Topnod. The platform also provides performance data including NAV, APY, cumulative returns, and maximum drawdown, helping asset managers monitor strategy performance in real time.Previously during the 1.0 phase, Axil launched a private credit Vault on R25 and successfully surpassed $130 million in TVL, validating the reliability of this infrastructure.The application channel for the first batch of managers is now open. (Please click the original link)
Polymarket odds for "Trump to officially rename AI by December 31" rise to 66%, up 17% in a single week
According to monitoring by PPP prediction market tool, Polymarket odds for "Trump to officially rename AI by December 31" have risen to 66%, up 17% in a single week.According to the settlement rules, Trump must formally adopt a new official name for "AI" or require the federal government to adopt a new name via executive order, presidential proclamation, or presidential memorandum before 11:59 PM Eastern Time on the specified date. Public statements, speeches, interviews, press conferences, and social media posts do not count.Previously, Trump reiterated his opposition to regulating Artificial Intelligence (AI) during a speech at the United Nations General Assembly in New York. He also stated that the term "Artificial Intelligence" underestimates the value of this technology and expressed hope that countries around the world would also adopt the new name "Super Intelligence."Join the PPP signal push community to stay one step ahead and seize the opportunity.
California Legislation Bans Public Officials from Issuing Memecoins, Multiple Consumer Protection Bills Take Effect Simultaneously
According to the official website of the Governor of California, Governor Gavin Newsom signed multiple bills on September 27, with core measures including: banning California public officials from issuing meme coins and prohibiting exchanges from listing meme coins that feature the likeness of public officials; cracking down on cryptocurrency fraud and money laundering while establishing victim recovery mechanisms; and clarifying procedures for the forfeiture of cryptocurrency assets linked to transnational criminal networks. Additionally, the legislation encompasses consumer protection clauses regarding performance ticket refund guarantees, bans on the resale of restaurant reservations, and enhanced consumer data privacy. In his signing statement, Newsom explicitly criticized Trump’s 2025 personal meme coin, stating that nearly 1 million purchasers have suffered cumulative losses exceeding $3 billion, while Trump himself has profited approximately $636 million.
Solana Alpenglow Upgrade Enters Second Public Testnet
Solana's core consensus upgrade Alpenglow has officially entered its second public testnet, with transaction settlement latency expected to be reduced from approximately 13 seconds to 150 milliseconds.
Related news
Fairblock Launches Privacy Stablecoin CUSD on Arbitrum, Supporting Public or Private Transfers
Odaily News: Decentralized privacy solution Fairblock has announced the launch of privacy stablecoin CUSD. CUSD is built on PYUSDx and supported by M0, PayPal, MoonPay, and Predicate. It is initially deployed on Arbitrum and supports public transfers, as well as the ability to hide payment amounts and account balances. Institutions can use it to protect payroll distribution, treasury management, and OTC settlement information, while individuals can hide on-chain payment amounts and transaction flows. Fairblock stated that it will subsequently drive adoption and expand the use of privacy features through economic incentives, with more details to be announced separately.
Strategy's Market Cap Surpasses Saudi National Bank, Ranks 385th Among Global Public Companies
Bitcoin Treasuries posted on X that Strategy's market cap has surpassed that of Saudi National Bank, which is held by the Saudi government, making it the 385th largest public company in the world.
Reddit to End RSS Support on November 13, Public API Set to Shut Down Next March
Reddit will discontinue RSS support on November 13 and plans to shut down its public API in March 2027, pushing developers to migrate to the Developer Platform.
South Korea Plans to Expand Tokenized Securities to Include Stocks, Bonds, and Funds; Regulatory Draft Opens for Public Consultation
South Korea's Financial Services Commission plans to expand the scope of tokenized securities to include traditional securities such as stocks, bonds, and funds, while setting an annual net purchase cap for individual investors and capital thresholds for issuers.
R25 Studio Opens Public Beta: Fund Setup Compressed from Months to 10 Minutes, Onchain Asset Management Enters the Programmable Era
R25 today announced the official public beta launch of R25 Studio, the core product of its 2.0 architecture.R25 Studio is dedicated to realizing the vision that "anyone can become an asset manager," fully opening up institutional-grade fund setup, operations, and distribution capabilities. By abstracting cumbersome legal documents, back-end systems, and compliance processes into configurable smart contracts, R25 Studio has successfully compressed the fund setup timeline from months to just 10 minutes.The platform is built around four pillars — Build, Manage, Earn, and Distribute — covering Vault creation, subscription and redemption, investment management, fee earning, and distribution. Asset managers no longer need to build complex fund structures from scratch; they can autonomously configure investment parameters, management fees, and performance fee rates onchain, generate dedicated Vault Tokens/Shares, and list their Vaults on channels such as Dapp and Topnod. The platform also provides performance data including NAV, APY, cumulative returns, and maximum drawdown, helping asset managers monitor strategy performance in real time.Previously during the 1.0 phase, Axil launched a private credit Vault on R25 and successfully surpassed $130 million in TVL, validating the reliability of this infrastructure.The application channel for the first batch of managers is now open. (Please click the original link)
Bybit Completes Deloitte SOC 2 Type II Audit, Continues to Strengthen Global Security and Compliance Matrix
Bybit has announced the completion of a SOC 2 Type II audit independently conducted by Deloitte. This marks a key step forward in Bybit's ongoing investment in security and compliance, proactively benchmarking against the security governance standards of top global financial institutions.According to available information, SOC 2 Type II is established by the American Institute of Certified Public Accountants (AICPA) and is one of the most rigorous internationally recognized standards for security and operational assurance. Bybit stated that this audit independently verified the effective operation of its security framework across governance, technology, processes, and personnel, reflecting management's long-term commitment to making user protection a core priority at all levels.In terms of compliance development, Bybit is accelerating the construction of a multi-dimensional security moat. This SOC 2 Type II report will deeply complement its existing ISO/IEC 27001 certification and PCI DSS compliance validation, building a more comprehensive compliance system spanning information security, data protection, and operational reliability.Bybit stated that in the face of evolving industry and regulatory demands, the platform will continue to increase its investment in security capabilities, further solidifying the trust foundation of over 80 million global users and institutional partners through enhanced transparency and the introduction of independent reviews.