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The artificial intelligence infrastructure company Nscale has hired a senior executive from Meta Platforms as Chief Operating Officer, aiming to prepare for an IPO.

According to CoinDesk, informed sources revealed that the custody bank giant BNY is in talks with Payward, the parent company of the cryptocurrency exchange Kraken, for a broad collaboration covering digital assets and financial market infrastructure. The potential agreement may involve areas such as crypto products, custody, wealth management, trading, payments, and infrastructure, with related services provided through Payward Services, which targets banks, exchanges, and asset management institutions.One source indicated that part of the proposed collaboration may be similar to the infrastructure component of the recent agreement Payward reached with Nasdaq. Negotiations are still ongoing, and there is no guarantee that an agreement will be reached; both Payward and BNY declined to comment. BNY, formerly known as Bank of New York Mellon, provides custody, asset services, clearing, and wealth management services to institutional clients and has been developing tokenized deposits to support near real-time on-chain settlements among institutional market participants.Reaching an agreement with BNY would further promote Payward's efforts to connect digital asset businesses with traditional financial institutions. Last month, Nasdaq Ventures agreed to invest $100 million in Payward at a valuation of $21 billion, expanding the collaboration between the two parties in tokenized stocks. Under the agreement, both parties will continue to develop the operational and commercial infrastructure for Nasdaq stock tokens, and Payward will also adopt Nasdaq's market surveillance technology in its cryptocurrency, stock, tokenized stock, futures, and options trading venues, with both parties expecting to launch Nasdaq stock tokens in the second quarter of 2027.

The Chief Information Security Officer of Slow Fog Security, 23pds, stated that Alex Shevchenko, the General Manager of NEAR Intents, indicated that the exploiters of the NEAR Intents vulnerability transferred 1 BNB to the recovery wallet and left a message expressing willingness to cooperate and requested the other party to provide a Signal contact.This transfer came from the same address that previously moved approximately 3.8 million USD. About an hour ago, that address also transferred 0.295 ETH on the Ethereum network and sent the same message.

Coinbase released a report indicating that the profit-taking scale of BTC has risen to its highest level of the year, while market demand has cooled. On September 22, holders realized a profit of 25,700 BTC in a single day, the highest daily level since 2026. At the same time, the unrealized profit margin for short-term traders rose to 33%, the highest since December 2024.Meanwhile, in the past 30 days, the apparent spot demand for BTC has decreased by 170,000 coins; the incremental speculative futures demand also dropped from 164,000 coins on September 14 to 16,000 coins on September 29.

According to Cointelegraph, the New York State Department of Financial Services (NYDFS) and the Wyoming Division of Banking announced the signing of a Memorandum of Understanding (MOU) to coordinate the regulation of cryptocurrency companies operating in both jurisdictions, covering license approvals, inspections, and potential enforcement actions. This agreement applies to businesses already regulated in either state, as well as companies seeking approval in both locations simultaneously.Under the agreement, the regulatory agencies in both states will share analytical results and historical inspection data to streamline the application process, coordinate inspection timelines, and promote joint inspections of companies operating across state lines. For businesses already regulated in one of the states, holding an existing license or charter for at least three years, and not subject to enforcement actions, the agreement provides an expedited approval pathway, with the second regulatory agency striving to make a decision within six months.The MOU also establishes a mechanism for sharing regulatory reports, market trend data, and notifications of potential enforcement actions, with regulatory agencies regularly sharing investigative information and being able to take joint, coordinated, or separate enforcement actions. This move connects two states that have historically taken different approaches to cryptocurrency regulation: New York has maintained the BitLicense regime since 2015, while Wyoming has accommodated digital asset businesses through cryptocurrency-related laws, regulations, and specialized banking charters.

As of the end of September, the Digital Renminbi International Operation Center has added 39 domestic and foreign financial institutions applying to access the "Digital Currency Cross-Border Settlement Comprehensive Service Platform" (CBETS).This platform supports bilateral connections with foreign currency authority payment systems and legal digital currency systems, and allows foreign financial institutions to connect directly, covering trade and cross-border personnel exchanges.

LG Electronics will invest 150 billion won in the artificial intelligence data center cooling business.

Asian stock markets are expected to have a volatile start on the first trading day of October, as fluctuations in Wall Street erased gains from lower-than-expected U.S. inflation data. Chris Osmond, Chief Investment Officer of Fifth Third Wealth Advisors, stated that economic growth in the second quarter was stronger than expected, consumer spending remained robust, the job market rebounded in September, and the Fed's preferred inflation indicator was below expectations, reducing the likelihood of an interest rate hike in October.

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.

Analysts at the Bank of Montreal pointed out that the annual benchmark revision by the U.S. Bureau of Economic Analysis shows that the Federal Reserve's preferred inflation indicator was revised down more than expected. The core PCE in August rose less than expected, with a year-on-year growth rate slowing to 3%, below the market expectation of 3.3%. Analysts believe this alleviates the urgency for another rate hike in October.

Apple's new CEO, Tim Cook, has begun implementing internal reforms just weeks into his tenure, aimed at accelerating product development and expanding the product line. Cook plans to reduce reliance on the traditional release schedule, cut some middle management positions, and enhance innovation capabilities to remain competitive in the era of artificial intelligence.At the same time, Apple is advancing cost-cutting measures and seeking new sources of revenue.

According to official news, Tether announced a partnership with the fintech company Shiga to utilize its open-source Wallet Development Kit (WDK) to launch self-custody financial products for individuals and institutions in Africa and the Gulf Cooperation Council (GCC) region.The two parties will launch two core products: the self-custody wallet ENTA for individuals and businesses, which supports deposits in fiat currency or Bitcoin, and holds and transfers Tether (USDT), Bitcoin, and Tether Gold (XAUT); and the infrastructure Pulse for banks and financial institutions, aimed at assisting institutions in customizing digital asset services for specific payment channels and fund settlement processes, and supporting institutions in deploying in a private environment to retain key control.In addition, Shiga is currently completing the final approval process for the digital asset license in Nigeria, and once approved, will conduct compliant digital asset trading, brokerage, and custody services in the country.

LG Electronics has joined NVIDIA's official partner program for AI data center cooling solutions and has been recognized as the preferred partner in the "Power and Cooling" category.LG aims to expand its presence in the hyperscale data center and colocation market, particularly in North America. Currently, over 60% of the demand for new data center capacity globally is concentrated in North America.

Wang Yi, a member of the Political Bureau of the Central Committee of the Communist Party of China and Minister of Foreign Affairs, stated that as the two largest economies in the world, China and the United States benefit from cooperation and suffer from conflict. The economic and trade teams of both sides have reached a new joint arrangement, including the establishment of a Trade and Investment Council, the formation of an Agricultural Working Group, and a reciprocal tax reduction of 30 billion dollars, which has stabilized the economic and trade relations and market confidence between the two countries.

Cryptocurrency analyst Darkfost stated on the X platform that based on the inflow of BTC from long-term holders (LTH) to exchanges, during the market peak in March 2024, LTH were most active in the bull market phase, with daily inflows to exchanges exceeding the annual average by more than five times.In contrast, LTH were relatively calm during the peak in 2025, and as the bear market began, their activity significantly increased, with the annual average daily inflow of BTC rising from about 600 to around 1000. As the market approached the bear market bottom, the inflow on certain trading days far exceeded the annual average, which aligns with the situation where previous high-level buyers realized increased losses.Darkfost noted that currently, LTH-related activities are gradually cooling down, with inflows to exchanges still significantly below the annual average, indicating a change in their behavior, and the market is becoming more rational.

Anthropic announced a $12 billion artificial intelligence computing partnership with Akamai.

The Cosmos ecosystem protocol Neutron faced a governance proposal that was manipulated by an attacker. The related address spent approximately 20,199 USDC to buy NTRN and staked 31.6 million NTRN about 12 minutes before the voting ended, ultimately allowing the proposal to pass with an 82% approval rate. Subsequently, the management rights of 11 contracts were transferred to the attacker, and they migrated to malicious code, stealing approximately 4.4 million dollars in assets.To recover the funds, Cosmos Hub validators coordinated a chain halt for nearly 24 hours and 48 minutes, and during the restart process, approximately 1.23 million ATOM were transferred from the attacker's wallet to a new address, with plans to return them to the original holders.

Bitcoin on-chain analyst Willy Woo stated that this round of movement seems to have room for growth in the next 2-4 weeks, after which it will enter an overbought phase and need to cool down.He also mentioned that from the end of August to mid-September, the oscillation indicator showed cooling while prices remained strong, indicating that buying demand overcame short-term profit takers.

Vietnam plans to issue licenses to the first batch of cryptocurrency service providers under a pilot legal framework in 2026, allowing the first digital asset platforms to begin operations. Nguyen Duc Chi, Deputy Minister of Finance of Vietnam, met with Mariana Kuhnel, Executive Director of the Austrian Financial Market Authority (FMA), in Vienna to discuss bilateral cooperation and the exchange of financial regulatory experiences.Vu Thi Chan Phuong, Chairwoman of the State Securities Commission of Vietnam, stated that the regulatory mechanism will cover service providers and investor transactions, focusing on risk management, investor asset protection, and anti-money laundering. Kuhnel proposed that both parties hold an online technical seminar and strengthen coordination through the International Organization of Securities Commissions (IOSCO).

Crypto In America host Eleanor Terrett reported that seven Democratic senators, including Kirsten Gillibrand, Mark Warner, Ruben Gallego, and Angela Alsobrooks, stated that they are "committed to passing the Clarity Act in a bipartisan manner."This statement comes as both sides are making initial efforts to restart bipartisan negotiations and assess the willingness of all parties to return to the negotiating table and push for the passage of the Clarity Act before the end of the year. This information comes from three informed sources.