riva

Illia Polosukhin, co-founder of NEAR, stated that recently the activity of developers within the ecosystem has increased and the development threshold has further lowered, focusing on what kind of applications to build and how to establish distribution channels.In this regard, he proposed a series of potential construction directions, covering AI electronic pets that combine NEAR AI on-chain verifiable reasoning with non-fungible tokens (NFTs), a universal checkout component that supports full-chain intent payments, a decentralized encyclopedia that combines prediction markets with AI-generated content, a privacy off-chain trading (OTC) market based on NEAR Intents and management of anti-liquidation lending and perpetual contracts, a cross-chain activity registration custody tool in the form of a staking deposit, privacy code review agents, enterprise equity structure management tools, Delta neutral strategy management, privacy tracking single transactions based on view keys, end-to-end encrypted medical auxiliary diagnostic systems, privacy voice transcription desktop applications, and AI benchmarking based on private test sets.Regarding product distribution, he suggested combining NEARLegion with community channels like X, achieving multi-chain wallet compatibility through Aurora Intent Connect to lower cross-chain thresholds, and actively expanding across communities and platforms like Product Hunt.

Gate will hold the "RACING THE FUTURE Vol 3" special event at the Singapore F1 circuit on October 8, inviting Laurent Mekies, CEO and Team Principal of the F1 Red Bull Racing team, along with over a dozen VIPs and high-end clients for exclusive discussions. The event will take place in the core area of the Singapore circuit, where Laurent Mekies will engage in face-to-face conversations with guests about the core strategies, event operations, and behind-the-scenes stories of the Red Bull Racing team, sharing the practices and experiences of a top racing team both on and off the track.This event will adopt a small-scale, targeted invitation format, placing the communication scene in the unique setting of the F1 circuit to provide VIP users with a deeper and more exclusive communication experience. As the official sponsor of the F1 Red Bull Racing team, Gate not only reaches a global sports audience through event collaborations but also further integrates top racing resources into user services and brand communication scenarios, offering VIP users exclusive opportunities to access international top sports resources and understand team operations and competitive decision-making.In addition, Gate will also host an F1 Red Bull driver meet-and-greet during TOKEN2049, inviting F1 World Champion and Red Bull Racing driver Max Verstappen and teammate Isack Hadjar to appear at the Gate Lounge, where they will interact with fans through autographs, photos, and engagement. By covering diverse scenarios such as driver interactions, management discussions, and high-level dialogues, Gate will further deepen its cross-border collaboration with the F1 Red Bull Racing team and expand the connection between digital assets and global sports, technology, and mainstream culture.

According to on-chain analyst Yu Jin's monitoring, the PUMP institutional private placement address (E3M...9Cs) participated in the PUMP private placement last July with 4 million USD, acquiring 1 billion PUMP at a private placement price of 0.004 USD.This address transferred all PUMP to Coinbase Prime 5 hours ago, valued at 5.36 million USD, with a price of 0.0054 USD; by selling the private placement PUMP, it made a profit of 1.36 million USD, with a return rate of 34%.

According to GMGN data, the privacy narrative token MASK on the Solana chain has a market capitalization exceeding 35 million USD, setting a historical high, with a 24-hour increase of over 70%. The current market capitalization is 34.91 million USD, with a trading volume of 2.7 million USD during the same period.MASK uses ZEC as the base pair and provides liquidity through the ZEC/MASK trading pair, aiming to offer ZK privacy services for any cryptocurrency activities. The prices of related tokens are highly volatile, and investment should be approached with caution.

According to The Block, the Ethereum Foundation has launched zkAPI on the Ethereum mainnet, a solution co-authored by Vitalik Buterin.zkAPI allows users to pay for artificial intelligence and other APIs using pre-stored ETH or USDC through zero-knowledge proofs, making it impossible for service providers to associate specific requests with the payer.

Bitcoin Core contributor Peter Todd has joined the MARA Foundation as the chief maintainer of Slipstream. Slipstream is MARA's private Bitcoin mempool service, and the foundation announced this appointment on Thursday. Todd will be responsible for the development and operation of this service.Slipstream allows users to send Bitcoin transactions directly to the MARA Pool without going through the public Bitcoin peer-to-peer network. Since transactions sent via Slipstream remain private before block confirmation, this service helps to conceal key information before confirmation, avoiding the exposure of public keys. The service played a role after hackers exploited a vulnerability in the Coldcard hardware wallet to steal over $115 million in user funds in July this year.MARA's Slipstream first gained attention in 2024 for releasing large Ordinals inscriptions and has recently been used in research projects such as Quantum Safe Bitcoin and Binohash. Todd is a long-time Bitcoin Core contributor, co-author of BIP 125 (replace-by-fee), creator of OpenTimestamps, and launched Libre Relay in 2024. He believes that mempool policies should follow what the market wants miners to package, rather than restricting how people use Bitcoin.

Monad released a video, hinting at the launch of a privacy service on October 6. Its token rose over 17% today, currently priced at $0.032671.

According to Fortune, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against two private fund cases, accusing the relevant fund advisors of raising funds under the pretext of investing in popular tech companies like OpenAI and SpaceX before their IPOs, but allegedly providing false information to investors and misappropriating some of the funds.The SEC stated that Meyer Global Management and its head Owen Meyer are suspected of raising at least $18.5 million from nearly 100 investors to purchase shares of companies before their IPOs, but misappropriated at least $1.27 million, including using fund money for personal consumption, paying entertainment expenses, and personal investments. Among them, the SEC accused Meyer of establishing a fund for investing in shares of OpenAI and SpaceX, but some of the funds did not actually hold the relevant assets.In another case, the SEC and federal prosecutors accused Beyond Alpha Ventures heads Christopher Dinelli and Jacob Frankel of raising over $8.7 million from 35 investors and falsely promoting that the fund held shares in companies like SpaceX and xAI.The SEC stated that the two provided false investment reports, with some of the funds being used for options trading, film investments, and personal use. The SEC emphasized that the accused tech companies and their management have not been found to have engaged in misconduct. Regulatory agencies have been continuously monitoring investment products that promote "acquiring shares before popular private company IPOs" and have launched multiple enforcement actions against relevant private fund advisors.

The U.S. Securities and Exchange Commission (SEC) has proposed a reform plan aimed at expanding the channels for individual investors to participate in the private market. The proposal allows registered investment advisors to charge a performance fee of up to 20% based on fund performance, attracting more private management institutions to serve individual investors.SEC Chairman Paul Atkins stated that he hopes to explore ways to expand individual investor participation in the private market while preventing fraud and misconduct. The SEC also proposed to broaden the definition of "accredited investors."

According to The Block, Coinbase Clearing LLC has been approved by the U.S. CFTC to register as a Derivatives Clearing Organization (DCO), achieving a self-contained closed loop for brokerage, listing, and clearing.This approval only covers fully collateralized futures, options, and swap products, while leveraged derivatives still rely on third-party clearing. The company's legal director stated that the new clearing uses USDC as collateral and supports 24-hour settlement.

According to the latest stock derivatives exchange ranking released by RootData, possibly affected by macroeconomic uncertainties, the trading volume of the top five exchanges has significantly decreased in the last 24 hours.Among them, Hyperliquid experienced the largest decline, with a 24h trading volume of approximately 2.161 billion USD, down by 28.99%. Gate had the smallest decline, with a 24h trading volume of approximately 776 million USD, down by 13.04%.

The digital asset post-quantum security infrastructure company Project Eleven announced the acquisition of Riva Labs to enhance its capabilities in post-quantum signatures, wallets, multi-party computation (MPC), and account abstraction. This acquisition also includes the technology and intellectual property developed by Riva on Ethereum and other public chains.Riva Labs' work encompasses hash-based post-quantum signatures, post-quantum MPC, account abstraction, wallet infrastructure, and hardware signing, and has demonstrated post-quantum signatures on consumer-grade hardware. Project Eleven stated that the relevant teams and technologies will be integrated into its research and product work in post-quantum cryptography, digital asset custody, and blockchain security. Riva will also bring its practices of using artificial intelligence in research and engineering processes into the company.Project Eleven's CEO and co-founder Alex Pruden stated that the acquisition will strengthen the research and engineering teams and accelerate the transition of digital assets to post-quantum security. Riva Labs co-founder Matteo Vena mentioned that both parties share a similar judgment on the tools needed in the industry, and joining Project Eleven will allow for a larger-scale advancement of public chain upgrades.

Aztec Network developer Aztec Labs has relaunched the self-custody wallet zk.money, which can hide payment amounts, balances, and recipient information through the Aztec Network, and supports transfers via readable names or links. Users can deposit DAI, USDC, or USDT from Ethereum, where USDC and USDT will be converted to DAI.Deposit records can still be publicly tracked, while subsequent transaction activities remain private. The early Alpha version stipulates that single deposits, payments, and withdrawals are all below $2,500 and screens addresses according to sanction policies. The software has not yet completed a comprehensive audit and carries security risks.

According to official news, CleanSpark (NASDAQ: CLSK) announced that its wholly-owned subsidiary CSDC Finance I, LLC has completed the previously announced issuance of $2.276 billion of 7.875% senior secured notes, which will mature in 2031.The notes have not been registered under the Securities Act of 1933 and may not be offered or sold within the United States unless registered or an applicable exemption from registration is available.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Counter-Strike: magic vs GamerLegion (BO3) - 1win Private Club #1 Playoffs," the "magic" option in the sub-market "Match Winner" has experienced a sharp fluctuation in win rate, dropping from 55.5% an hour ago to the current 38.5% (a fluctuation of 17%). Please note the impact of related breaking news.

CoinMarketCap officially announced that it has completed the acquisition of the crypto derivatives data platform Coinglass, with the transaction amount undisclosed.Coinglass was established in 2019, covering 28 exchanges and over 2,500 trading products, providing data on open interest, funding rates, liquidation, and options, with over 5 million monthly active users and more than 10,000 API clients.CoinMarketCap stated that this acquisition will bring Coinglass's derivatives data to its platform, providing information on market leverage positions, liquidation distribution, and funding rates to its 115 million monthly users.Coinglass stated that it will continue to operate as an independent business, with its website, app, free tools, API, and pricing remaining unchanged.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: Alliance vs Sinners (BO3) - 1win Private Club #1 Playoffs," the option "Alliance" in the sub-market "Map 1 Winner" has experienced a sharp fluctuation in winning probability, rising from 3% an hour ago to the current 24.5% (a fluctuation of 21.5%). Please note the impact of relevant breaking news.

CryptoQuant analyst Darkfost stated that a recent paper explored the possibility of implementing privacy transactions on Bitcoin, characterized by the ability to achieve this directly on Bitcoin L1 without the need for a soft fork, making privacy transactions a native feature.Darkfost mentioned that he is not a developer and lacks the relevant technical background, but this idea is quite appealing. He believes it could be an important direction for Bitcoin's evolution according to Satoshi Nakamoto's original vision, while potentially diminishing the appeal of privacy projects like Zcash and Monero.

NEAR Protocol posted on platform X that the NEAR platform has launched a privacy limit order feature, supporting assets from any blockchain.Users can set a target price, and when the market price reaches the target price, the order will be executed automatically. The order will not be publicly displayed while waiting to be executed.

On-chain derivatives protocol Derive announced on X that a new governance proposal has been launched on the Derive forum, aiming to increase the proportion of protocol revenue allocated to DRV buybacks to 50%.Derive stated that community members can review the proposal and share their opinions, and the relevant discussion is now open. DRV is the protocol token of Derive, and this proposal involves the allocation ratio of protocol revenue used for token buybacks.