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According to CoinDesk, Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has completed her term today. She served in the agency for over 8 years and voted against the committee's decisions to take enforcement actions instead of creating industry-compliant rules multiple times, and she was an early proponent of the token safe harbor proposal.Hester Peirce previously led the Crypto Task Force and stated that the SEC's duty to protect investors includes using regulatory authority to provide regulatory boundaries for the rapidly expanding digital asset industry.

According to Cointelegraph, ESMA submitted a proposal to the European Commission to amend MiCA, aiming to establish a new category of regulated crypto services for companies providing access to DeFi protocols, while also strengthening regulatory requirements for staking, crypto lending, and non-compliant stablecoin-related services.

The U.S. Attorney's Office for the District of Massachusetts has filed a civil forfeiture lawsuit seeking to seize 110,300 USDT from a Binance account. The case involves phishing text messages impersonating Coinbase, which led to the theft of 33.7 bitcoins from a beneficiary and their family trust within the same Coinbase account, valued at approximately $900,000 at the time.Investigators stated that from June 5 to June 15, 2023, 11.2 stolen bitcoins were traced to the Binance account, which were then quickly exchanged for Monero. When the FBI requested to freeze the account, it held approximately 758.55 Monero; Binance transferred 110,300 USDT to a government-controlled wallet on August 3, 2026.

The London-listed technology company The Smarter Web Company has allocated 2,710,442 shares of common stock according to the terms of the subscription agreement.The total amount raised from this allocation is £1,891,933 (before expenses), equivalent to approximately £0.7 per share, and the company will receive about 98.25% of the funds as settlement. The remaining balance of common stock that has not been allocated under the subscription agreement is 41,213,788 shares.

The global fiber optic network project DoubleZero announced the launch of a dedicated market data source for the decentralized derivatives exchange Hyperliquid, allowing professional trading institutions to access its complete order book via fiber optics instead of public APIs. This data source covers the native perpetual contract market of Hyperliquid, as well as the markets operated by trade[XYZ] that run on its infrastructure, which offers perpetual contracts linked to assets such as crude oil, gold, and silver. This data source was co-developed by DoubleZero, validator node operators, and ecosystem partners Hyperion DeFi, MAVAN, and Kinetiq.DoubleZero stated that this service provides continuous and orderly market data streams for market makers, quantitative trading institutions, and proprietary trading firms, meeting their demand for faster and more stable order book updates. Previously, institutions wishing to obtain a complete view of Hyperliquid's order book had to integrate the data returned by public APIs themselves or run their own Hyperliquid nodes. DoubleZero noted that adjustments to Hyperliquid's public API have reduced the frequency and depth of available updates.Hyperliquid is the third trading venue to access the DoubleZero Edge market data service, following Solana and the prediction market Kalshi.

Bitcoin Magazine released a video interview where Jim Bianco, founder of Bianco Research, stated that the bond market signaled over two years ago before the Federal Reserve's first interest rate hike in more than three years. He pointed out that during the previous rate-cutting cycle of the Federal Reserve, the yield on the 10-year U.S. Treasury rose from 3.7% to 5%, marking the first time in over 50 years that the long-end yield increased while the Federal Reserve was cutting rates.In his discussion with Grace Remington and Sean Hagan, Bianco also mentioned that the Federal Reserve's decision on October 28 (one week before the midterm elections) is more significant than Wall Street expects. He refuted the "devaluation trade" narrative and discussed what Bitcoin needs to demonstrate, including development activity and the DeFi summer. He believes that the construction of Bitcoin ETFs has missed the point and stated that Tether has effectively become a circulating currency in Venezuela and Afghanistan.Additionally, Bianco talked about stablecoins and the GENIUS Act, real demand for government bonds, and the post-pandemic economy, while criticizing Federal Reserve Chairman Powell. He noted the existence of multiple wars and "safe haven" logic and referenced the "Fourth Turning" theory to analyze the current macro cycle.

On September 18, the Office of the Comptroller of the Currency (OCC) granted preliminary conditional approval for the establishment of Catena Trust Bank, N.A. (under construction), a financial institution aimed at AI agents.Once full approval is obtained, the bank will provide custodial digital asset custody, investment management, and trust services under OCC supervision.

Bankless co-founder David Hoffman announced on May 21 that he had liquidated his ETH holdings and subsequently bought VVV, NEAR, ZEC, HYPE, and LIT, disclosing some entry prices: "NEAR at approximately $1.40, HYPE at approximately $45, ZEC at approximately $560, LIT at approximately $1.35."According to Gate market data, LIT is currently priced at $5.02, an increase of about 272% from the entry price; ZEC is currently priced at $1512.42, an increase of about 170%; NEAR is currently priced at $3.49, an increase of about 149%; HYPE is currently priced at $86.51, an increase of about 92%. Hoffman did not disclose the specific entry price for VVV, but if estimated at the May 21 price of $15.99, it is currently priced at $25.27, an increase of about 58%; during the same period, ETH rose from approximately $2127.47 to $2473.23, an increase of about 16%. The five altcoins he allocated significantly outperformed ETH during the same period.

The cross-chain bridge protocol Across Protocol officially announced that Across Protocol has been transferred to a new company, Across, Inc. (AcrossCo), and the ACX token will gradually be phased out. After January 8, 2027, all ACX tokens will be rendered obsolete and will no longer have governance, utility, or economic functions. Risk Labs and AcrossCo will also no longer bear related obligations.Holders can exchange through the portal at exchange.across.to at a valuation of $0.04375 per token before that date: first, for a 1:1 exchange for equity in AcrossCo (first come, first served, minimum 250,000 ACX, lower amounts subject to allocation, KYC required, U.S. applicants must be accredited investors); second, for an equivalent amount of USDC (sanctions screening required). After the deadline, equivalent exchange conditions cannot be guaranteed.

Robinhood Crypto Vice President Johann Kerbrat posted on the X platform, stating that the SEC's innovation exemption is a signal that tokenization is ready to enter the United States. This is an important step taken by the agency, which will allow the onshore development of the liquidity tokenized securities market.Johann Kerbrat mentioned that wise regulation will accelerate innovation and looks forward to the content that will be built next.

Bitget announced an upgrade to its Proof of Reserves (PoR) system, expanding the covered assets from the original 4 cryptocurrencies to 19 major assets, including new tokens such as XAUT, SOL, BNB, and USDGO. This upgrade also expands the scope of platform-level reserve disclosures and personal asset proof verifications. Users can view the reserve ratios, scales, and on-chain distributions of various assets through the PoR page, and independently verify whether their personal holdings are included in the reserve snapshot using a Merkle Tree.Since December 2022, Bitget has been releasing monthly reserve reports, and by August 2026, it has released 45 issues consecutively, with the latest overall reserve ratio at 122%. Bitget CEO Gracy stated that as the variety of assets supported by the platform continues to increase, the transparency and verification capabilities of the reserves also need to be expanded simultaneously, allowing more users to independently verify their asset situations and further enhance the platform's transparency.

Bitcoin financial services company River released a report written by Sam Baker, stating that the traditional 60/40 stock-bond portfolio is no longer applicable and recommending that long-term investors increase their Bitcoin allocation to up to 10%.The report indicates that from 1980 to 2020, the annualized return of this portfolio was about 5% to 15%, but inflation, debt, and the correlation between stocks and bonds have reversed, with U.S. Treasury bonds exceeding $40 trillion by August 2026. Simulations over the past decade show that by replacing part of the bonds with 10% Bitcoin, the portfolio's terminal value increased from $25,364 to $60,595, with the maximum drawdown only increasing by 6 percentage points. As of August 2026, Bitcoin accounts for about 0.5% of global financial assets.

The median of the Federal Reserve's dot plot indicates that there will be one more rate hike in 2026.

The on-chain trading platform GMX has released a governance proposal to allocate $10 million from the treasury to establish a GMX token market-making fund in the first phase. The fund will use the total chain merged open interest as a reference indicator. When the circulating market value of GMX is below the merged open interest, the focus will be on repurchases; when the circulating market value is not less than the merged open interest, it will shift to providing liquidity.The proposal also discloses the subsequent roadmap, including cross-collateral and cross-margin models, market segmentation, net open interest, RFQ, permissionless markets, Robinhood integration, and a new USDG LP product line, among others. In addition, GMX will initiate GT repurchases and distribute GT airdrops to GMX stakers, with specific details to be announced in future proposals.

Avalanche announced on the X platform that Aave will launch a dedicated RWA lending market on Avalanche. This RWA Hub will allow institutions to borrow stablecoins using tokenized financial assets as collateral, without having to sell their underlying positions.Tether's USAT will serve as the core of this market, providing the primary source of dollar liquidity and becoming one of its first major institutional use cases. Aave V4 has been live on Avalanche for just two months and has already attracted over $20 million in deposits. The RWA Hub expands this infrastructure to the tokenized financial market, enabling assets to be financed, collateralized, and utilized on-chain.

According to foreign media reports, due to increased investment in the field of artificial intelligence, ByteDance's net profit in the first half of 2026 decreased year-on-year, with the net profit margin dropping to approximately 16.7%. During the same period, revenue grew by 30% year-on-year, and the proportion of overseas revenue reached a new high. ByteDance did not comment on the above data.Earlier reports indicated that ByteDance's net profit margin for 2023 was 26%, and for 2024 it is expected to be 21%. Douyin still contributes the majority of revenue, but overseas revenue from TikTok has accounted for over 30% of total revenue. In 2025, overseas revenue is expected to grow by nearly 50%, while domestic revenue is about 20%, with the overseas proportion rising from 25% in 2024 to over 30%.The report stated that ByteDance has independently developed large language models and video models, operates Doubao, and expands its AI cloud business, with the Seedance video generation model being in the top tier of the global AI video market. The company recently obtained approximately $30 billion in loans from banks. Alibaba is seeking to raise about $10 billion through a stock placement, while Zhipu AI is launching a total of $5 billion in equity and convertible bond issuance.

Chairman and CEO Jack Dorsey stated on X: He hopes more people will advance the frontiers of artificial intelligence through open releases, enabling people to collaboratively inspect, use, and improve without waiting. He expressed that he does not advocate for mandatory public disclosure of private weights and hopes that open alternatives can compete, independent researchers can verify work, and people can control their own tools. He mentioned that release restrictions must bear the burden of proof.Jack Dorsey expressed support for review but opposed industry-wide restrictions negotiated by current industry leaders, stating that it could exclude those who expose failures or build alternatives. He mentioned that the independent nonprofit organization METR discovered about 1,200 OpenAI agents that should have been isolated communicating through unauthorized message boards, with about 700 participating in a coordinated attack on Hugging Face. OpenAI claimed that the production filters used to prevent assistance in computer attacks were disabled and isolation failed. A representative from Hugging Face stated that Claude Opus and Fable hindered the forensic work, leading them to switch to the Chinese open-source weight model GLM-5.2.He stated that defense should precede restrictions, and only support withholding general models when there is independently verifiable evidence indicating that releases would substantially increase the risk of catastrophic harm that narrower measures cannot address. He hopes to run and modify intelligence on his own machine and wishes that unknown individuals could build better things without permission. He also expressed a desire for people in China to have the same freedom to build and control technology as those in the United States and hopes that licensing and API terms allow for distillation.

According to Bloomberg, the U.S. Department of Justice is seeking to seize $61 million, claiming that the funds come from Iran's black market oil sales and were laundered through the cryptocurrency exchange Binance.The Manhattan federal prosecutor alleges in a civil forfeiture lawsuit that Iran used a network of cryptocurrency participants to launder over $1.5 billion in illegal oil funds. The prosecution states that the relevant entities used Binance trading accounts to transfer oil proceeds to Iran and its agents and affiliated organizations to fund military and terrorist activities.