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On October 2, Canadian Prime Minister Mark Carney announced the establishment of the Prime Minister's National Artificial Intelligence Advisory Council in Ottawa, which will provide independent and pragmatic advice on Canada's artificial intelligence transformation. The council will bring together stakeholders from the public and private sectors to provide input on the evolution of the AI for All national strategy, covering areas such as accelerating adoption, nurturing national leading enterprises, building sovereign artificial intelligence infrastructure, enhancing AI safety, protecting democracy, and ensuring that all Canadians benefit.Council members include Ajay Agrawal, Yoshua Bengio, Sanja Fidler, John Graham, Gillian Hadfield, Jordan Jacobs, Eric Lamarre, Valérie Pisano, Senator Thomas Pitfield, Jody Thomas, Louis Vachon, Michelle Zatlyn, and of course, Patrick Pichette as a member. The council is supported by a small team from the Privy Council Office, while policy decisions and implementation remain the responsibility of the relevant ministers and departments.Carney stated that the prosperity and sovereignty of the artificial intelligence era belong to countries that can build, adopt, and govern artificial intelligence according to their own conditions, and the council will provide recommendations on how to manage risks, seize opportunities, and improve the lives of all Canadians.

On October 2, at 11:30 AM Eastern Time, the Arbitrum Security Committee executed an emergency upgrade on Arbitrum One and Nova, suspending the activation of all new Stylus contracts on both chains, while adding a protective mechanism against BoLD single-step proofs in the dispute system of Arbitrum One. The Arbitrum Foundation stated that this action is part of ongoing proactive security measures aimed at protecting the security and integrity of the network.Stylus allows developers to write smart contracts using languages such as Rust and C++, while maintaining compatibility with the Ethereum Virtual Machine, with its programs compiled into WebAssembly format. This suspension primarily targets manually written WASM programs that do not use the standard Stylus compiler toolchain and have not yet been patched by the current version of ArbOS. The Security Committee increased the gas required for activation to the theoretical maximum by calling ArbOwner.setWasmActivationGas(2^64 - 1), making new activations economically unfeasible. Activated Stylus contracts are unaffected and can continue to execute and renew, and the deployment and execution of Solidity contracts are also unrestricted.The newly added BoLD protection allows anyone to pause the settlement from Arbitrum One to Ethereum when two conflicting and accepted answers appear in the same dispute step, which may delay unconfirmed withdrawals to allow the Security Committee to deploy fixes. Officials pointed out that the currently discovered Stylus-related vulnerabilities mainly affect the activity of the chain, such as denial-of-service attacks, and do not jeopardize user funds.

According to The Defiant, the Solana ecosystem liquid staking protocol Marinade stated that its governance committee consecutively rejected two proposals within six hours, thereby preventing an attempt to take over the DAO.Marinade stated that this incident did not result in any funds being transferred, and its staking services were not affected.

Federal Reserve Governor Lisa Cook stated that overall inflation in the United States has remained above the Federal Reserve's 2% target for more than five years. She supports a 25 basis point interest rate hike at the September meeting and emphasized her commitment to restoring price stability. Cook noted that inflation in rural areas had been higher than in urban areas after the pandemic, primarily influenced by rising energy prices and housing costs.

The White House announced the establishment of an independent committee responsible for overseeing the implementation of the artificial intelligence agreement and receiving reports from the operational control team as well as internal and external auditors and evaluators.

According to CNBC, James Comer, the chairman of the House Oversight Committee and a Republican Congressman from Kentucky, is expanding the investigation into insider trading in prediction markets and is requesting three online platforms to explain their measures to combat related activities.In a letter sent on Tuesday, Comer requested documents and information from the CEOs of Hyperliquid Labs, Crypto.com, and Aristotle Exchange Inc., which owns the PredictIt platform, asking them to clarify their identity verification procedures and how they identify and prevent insider trading on their platforms.Comer stated, "As online prediction platforms continue to evolve and become more mainstream, some bad actors are betting using non-public information, making thousands of dollars. The House Oversight Committee is investigating whether these platforms are fulfilling their legal obligations and taking sufficient measures to identify and prevent insider trading before it occurs."

Verona announced the launch of verUSD on X, positioning it as the first stablecoin aimed at AI agents. The project claims that verUSD has secured over $100 million in institutional launch commitments.Participating institutions include Animoca Ventures, Figment Capital, Sfermion, Pentos Ventures, ArkStream, and others. Verona is a company providing on-chain payment and settlement infrastructure for AI agents, and verUSD is intended to serve as a stablecoin tool for value transfer and settlement between AI agents.

According to CoinDesk, French Hill, the chairman of the U.S. House Financial Services Committee, stated that tokenization has shifted from being viewed as a "futuristic" concept during the discussions of FIT21 and the CLARITY Act to a reality that is happening in real-time.He said, "We may really be tokenizing an asset like a real security— in fact, we are doing that right now."

Market news reports that Nvidia has committed to invest 1 billion dollars in NScale, with the funds expected to be in place by mid-November.

According to Ledger Insights, the latest statistics on bank cryptocurrency activities for the second half of 2025 released by the Basel Committee on Banking Supervision (BCBS) show that the overall prudent exposure of banks remains flat, but the composition of assets has changed significantly.In the Americas, the proportion of BTC in bank cryptocurrency exposure dropped sharply from 75.8% to 44.2%, while ETH rose to 38.5%, and SOL and XRP accounted for 7.8% and 5.6%, respectively. Other regions have shifted more towards stablecoins. Customer-related activities grew significantly, with a 93% increase in the Americas to 6.4 billion euros, while Europe saw a 25% decrease to 1.9 billion euros.

Democratic members of the U.S. Senate Banking Committee sent a letter to the committee's chairman, Republican Senator Tim Scott, calling for a congressional hearing on prediction markets. The Democrats stated in the letter that the committee has a "critical oversight responsibility" in regulating prediction markets and emphasized that Congress should examine prediction markets through public hearings on a bipartisan basis, rather than in closed-door roundtable meetings limited to Republicans and industry-friendly discussions. Senators including Elizabeth Warren signed the letter.On the same day, Republican members of the Senate Banking Committee met with Tarek Mansour, CEO of the prediction market platform Kalshi. Scott stated in a statement to The Block that he convened Republican lawmakers to meet with Kalshi to better understand the opportunities and challenges presented by securities-linked products. The two sides discussed keeping innovation within the United States, how investors use these products, protecting retail investors, and regulatory issues that Congress should address. Kalshi did not immediately respond to a request for comment.Currently, the U.S. Commodity Futures Trading Commission (CFTC) advocates for a leading role in the regulation of prediction markets but faces opposition from various states, which claim jurisdiction over sports event contracts. The Senate Banking Committee, on the other hand, has jurisdiction over the SEC and is responsible for regulating "securities-linked products" related to prediction markets. Democrats pointed out that the bets offered by such products, which are linked to company performance metrics, may fall under the SEC's regulatory scope. It has been reported that Cboe Global Markets is seeking SEC approval for its listing of "all-or-nothing options" linked to company earnings results.

Solana's decentralized trading protocol Raydium announced that it will invest an initial $1 million in the USDv treasury and will support USDv trading pairs in its market and Launchpad ecosystem. Solomon has chosen Raydium as the primary location for USDv liquidity and will deploy core USDv liquidity on the platform.USDv is Solomon's fully-backed stablecoin on Solana, with underlying reserves exposed to short-term U.S. Treasury bonds. This collaboration allows Raydium to leverage the Solomon platform to direct related earnings to liquidity providers, trader rewards, and new market incentives. User participation in rewards requires a one-time opt-in, with no need for staking, wrapping, or locking, and related arrangements will be advanced with the launch of USDv on September 23.

The report "Eye on the Market" by Michael Cembalest from JPMorgan Private Bank was released on September 10, 2026, stating that Anthropic has committed to approximately 15 GW of additional power access, estimating the costs for cloud, chips, and data center leasing at around $500 billion, up from 1-2 GW previously. OpenAI aims to reach 30 GW by 2030, with data center spending of about $750 billion. Most of the power comes from grid or behind-the-meter natural gas generation, with nearly all of the on-site 75 GW being gas equipment, including deals like the $100 billion / 5000 MW agreement with Amazon AWS.The report also mentioned that OpenAI has not released a model claiming to provide a proof for the Navier-Stokes Millennium Prize Problem, which is under mathematical review, and there are rumors of progress on the Hodge Conjecture, while Anthropic has made progress on the Birch and Swinnerton-Dyer Conjecture. GPT-6 Astra scored 62% on the ARC-AGI-3 standard harness and 99% on the Provider Adapter. Francois Chollet pointed out that AGI progress is faster than expected.

Animoca Brands and the Nasdaq-listed company Currenc Group have suspended the previously proposed reverse merger negotiations, which were originally intended to facilitate Animoca's listing. In a statement released on Tuesday, Animoca indicated that after assessing the project timeline and the "evolving market environment," both parties agreed that the time required to complete the transaction no longer aligned with their short-term and mid-term goals.Animoca co-founder and executive chairman Yat Siu stated, "Corporate agility must take precedence over" advancing the merger with Currenc. Animoca added that the company "remains fully committed to relisting on a major public exchange," and if conditions permit, both parties may consider resuming merger negotiations. The reverse merger plan was first announced in November 2025, originally intended for Currenc to acquire Animoca through an Australian arrangement, with Animoca shareholders collectively holding 95% of the merged company's shares post-merger.Animoca was previously listed on the Australian Securities Exchange but was delisted in 2020 due to scrutiny over its involvement in crypto-related activities. In 2022, the Australian Securities and Investments Commission convicted Animoca and imposed a fine for failing to submit annual reports for 2019-2021 and some semi-annual reports. Animoca stated that it is actively advancing the preparation of its audited financial statements for the fiscal year 2024 and continues to seek the optimal path for relisting. Currenc Group is a fintech company headquartered in Singapore, focusing on AI and tokenization solutions.

The U.S. House Financial Services Committee passed the amended H.R. 8957, the U.S. Reserve Modernization Act, with a vote of 28 to 21, aiming to incorporate the U.S. strategic Bitcoin reserve and digital asset reserve program into federal law. The bill proposes that Bitcoin legally held by the federal government and without other statutory purposes must be held for at least 20 years from the effective date of the bill, during which it cannot be sold, exchanged, auctioned, pledged, or disposed of in any other way.The bill still needs to be passed by the House, the Senate, and signed by Trump. The bill also requires the Treasury Department to establish relevant reserves within 180 days of its enactment and to publish an annual reserve certification report covering holdings, transactions, and private key control. The Treasury Department and the Department of Commerce will study legal and budget-neutral ways to increase Bitcoin holdings, but this provision does not authorize direct purchases.

According to sources, Nvidia has committed to investing $2 billion in the artificial intelligence fund under Brookfield.

According to Bloomberg, within months of launching its new semiconductor industry policy, India has secured approximately $12 billion in investment commitments from global and domestic companies, involving supply chain enterprises related to chip equipment, materials, and chemicals.This interest stems from India's announcement in July of an additional $13.4 billion semiconductor fund, which complements a previous $10 billion subsidy program to support companies, including Tata Group and Micron, in establishing wafer fabs and assembly and testing facilities locally. India's Minister of Communications and Information Technology, Ashwini Vaishnaw, stated that the related investments will materialize in the next 2 to 3 years, with some projects already in production and capacity largely locked in. Tata Electronics also signed multiple cooperation agreements with Nexperia, Fujifilm, and others at the conference, covering wafer manufacturing, assembly and testing, and localization of key materials.

On Wednesday, the U.S. House Financial Services Committee advanced the American Reserve Modernization Act (H.R. 8957) with a vote of 28 in favor and 21 against. All 28 votes in favor came from Republicans, while all 21 votes against came from Democrats. The bill requires the Treasury Department to establish a Bitcoin strategic reserve and digital asset reserve within 180 days and mandates federal agencies to report their held assets within 60 days.The Bitcoin included in the reserve cannot be sold, exchanged, auctioned, or mortgaged for 20 years. The revised text removes provisions for purchasing more Bitcoin using Federal Reserve funds, gold certificates revaluation, and tariff revenue, adjusting the frequency of reserve proof reporting from quarterly to annually. The bill does not authorize the purchase of Bitcoin but only requires the Treasury and Commerce Departments to study acquisition plans with no cost to taxpayers.