formation

According to the official public account of the China Academy of Information and Communications Technology, the smart agent identification and identity network has officially launched its trial operation and is open for access to the public.This network relies on trusted interconnection centers for smart agents in Beijing, Xiamen, and other locations, providing services such as identity registration, identity verification, addressing resolution, and capability discovery. It adopts a "Blockchain + DID + Super Smart Agent" technical route, compatible with various DID methods, and adapts to mainstream interconnection protocols such as A2A and ANP.

The head of research at OpenAI issued a statement in response to an open letter from three former employees, Jasmine, Mikita, and Tomek. The company stated that after a thorough investigation, the three violated clear policies regarding the handling of sensitive information; serious breaches of trust discovered during the internal investigation exceeded the scope disclosed in the open letter, leading to the termination of their employment last week, a decision that will be upheld.OpenAI emphasized that this decision is not aimed at those who raise safety concerns or express opinions publicly. The company stated that there are intense and critical safety and research discussions internally every day, and it encourages questioning; it maintains a tolerance for good-faith mistakes and will not fire employees for raising concerns.Regarding the safety issues mentioned in the open letter, OpenAI stated that it is finalizing contracts with third-party security assessment organizations, with details expected to be announced in the coming weeks, and it is committed to including external evaluators in its safety work. The company recognizes that maintaining the monitorability of cutting-edge models requires collective investment from the entire industry, stating that this area has long been a focus of its research and will continue to receive significant resources.

The UK HM Revenue and Customs is pushing to expand the investigative powers regarding cryptocurrency asset information, proposing to allow tax authorities to directly obtain customer data from cryptocurrency service providers and update software and electronic record inspection rules.UK cryptocurrency tax software company Recap warned that the proposed regulations have an overly broad definition of service providers, which may include non-custodial wallet software, blockchain explorers, hardware wallet manufacturers, and tax software providers. Due to the public and transparent nature of Bitcoin transaction records, once investors' names, addresses, and tax identities are associated with on-chain wallet addresses, it may expose their long-term asset activity records, increasing the risks of data breaches, extortion, and personal attacks.

According to a previous report by CoinDesk, the crypto media outlet Cointelegraph is seeking new buyers due to a significant decline in recent traffic data. Cointelegraph issued a statement through its official X account on October 8, stating that the report contains false information and multiple factual errors, and asserted that it will not sell and will not remain silent.The statement criticized CoinDesk for attracting readers through controversy and sensationalism, claiming that such practices undermine journalistic credibility, and questioned whether its publisher is trading sensational headlines for commercial gain. Cointelegraph demanded that CoinDesk publicly acknowledge its mistakes and provide corrections with equal exposure to the original content, emphasizing that credibility stems from accuracy and accountability, not sensationalism.

The decentralized exchange Orca based on Solana has announced a merger with the lending platform Loopscale, with the new entity named Formation. After the merger, the team will be led by Loopscale co-founder Luke Truitt as CEO. Formation plans to combine Orca's trading infrastructure with Loopscale's lending and investment vaults to provide a one-stop path for emerging assets from issuance, financing to trading.The company aims to extend from crypto trading and lending into capital-intensive fields such as AI, energy, robotics, and defense. Truitt stated that the pace at which the frontier economy creates new business models and financing demands is faster than the evolution of traditional market infrastructure. Formation claims that traditional financing is too costly for smaller-scale transactions and plans to reduce costs and eventually connect to regulated U.S. capital markets. In the coming year, Formation will launch tools and new investment strategies aimed at asset issuers and has already partnered with Figure, Shinhan Asset Management, Superstate, R3, and Securitize to promote asset tokenization and distribution.Christopher Montagano from Orca will serve as Formation's Chief Strategy and Legal Officer, stating that mere liquidity is not enough to scale assets. Both parties confirmed that the existing agreements will still form the basis for the ORCA and xORCA token networks, and the financial terms of the merger have not been disclosed.

Binance co-founder He Yi stated in a Chinese AMA at the Binance smart product launch that one of Binance's major strategies is All in AI, aiming to achieve financial and informational equity. This time, three layers of AI products are being launched: Finance AI for novice users for free, AI Pro for advanced traders, and AgentOS for developers.Finance AI will be available to all users within 7 days, transforming professional on-chain and investment analysis into easily understandable content. AI Pro supports generating trading strategies through natural language conversations; AgentOS serves as a unified gateway, allowing developers to access various large models and utilize Binance's underlying capabilities such as trading, wallets, and liquidity. The platform will preferentially recommend the intelligent agents created by developers to all platform users.He Yi mentioned that the cryptocurrency industry is not in opposition to traditional finance but is gradually integrating and spiraling upwards. She emphasized to investors not to overinterpret comments on social platforms and not to be induced by token projects to create FOMO emotions, urging them to maintain independent and rational judgment when making financial decisions. She also revealed that due to health reasons, there have been fewer updates on social platforms recently, but she will continue to collect product feedback and respond to user demands.

The founder and executive chairman of Bitcoin Strategy Company, Michael Saylor, has once again released information related to the Bitcoin Tracker, captioned "More orange than ever."According to previous patterns, Strategy usually discloses Bitcoin holding changes the day after relevant news is released.The data in the image shows that Strategy holds a total of 847,666 Bitcoins, with an average purchase cost of approximately $75,400, totaling a value of $7.229 billion.

According to a report by the Korean News Agency, South Korea's five major commercial banks have all been suspected of being attacked by hackers possibly driven by artificial intelligence, with three of them experiencing customer information leaks. This simultaneous attack on all five banks is unprecedented in South Korea's financial industry.It is reported that BNK Busan Bank suffered a hacker attack that led to the leakage of personal information of 11 outsourced employees; KB Kookmin Bank had information of 119 customers leaked due to the hacker attack, and Hana Bank also stated that information of 89 customers was leaked.

According to a report by Businesswire, BNB Plus Corp. (OTCQB: BNBX) announced a strategic transformation, shifting from a digital asset treasury company focused on the BNB Chain ecosystem to an operational company providing open network infrastructure such as blockchain and Agentic AI for financial institutions and enterprises.In the future, the company will still participate in ecosystems like BNB Chain, with a strategic focus shifting from passive holding of digital assets to infrastructure, integration, and deployment services. BNB Plus, formerly known as Applied DNA Sciences, previously transitioned from a biotechnology business to a BNB treasury strategy, holding approximately 18,830 BNB as of July 30.

Decrypt, a crypto media outlet, announced the launch of The Information Exchange, positioned as an information and financial network, with technology provided by the prediction market platform Myriad, using MYR as a coordination layer, operating on Solana.This network integrates news, data, market prices, probabilities, and direct participation into a single experience. The products include prediction markets, spot trading, perpetual contracts, structured event products, and new financial instruments, some built by Myriad and others connected to third-party protocols and exchanges.Decrypt stated that the cumulative trading volume of Myriad's prediction markets has exceeded $600 million, allowing information audiences to become market participants within the same experience.After merging with Rug Radio, Decrypt has approximately 1.6 million monthly unique users, around 3.7 million monthly page views, and over 73,000 active email subscribers. MYR can be staked for network functions such as information verification and market settlement, and can also be used to access higher API throughput, low-latency quotes, probability data, and execution services.The announcement stated that a portion of the revenue generated from network economic activities will be used for open market repurchases of MYR, supply reduction, staking incentives, network rewards, treasury, and ecological construction. Holders and stakers can benefit from lower transaction costs, enhanced data access, and paid products or services. The products will be launched in phases over the coming weeks and will continue until Solana Breakpoint.

According to CBS Atlanta, a 35-year-old woman from Stone Mountain, Georgia, named Mercedes Henry, a former universal bank employee at Ameris Bank, has been accused of unauthorized linking of six customers' bank accounts to the cryptocurrency trading platform Coinbase between September and November 2021, and in collusion with others, transferring approximately $931,000 into a Coinbase account under her control.A federal grand jury has charged her with multiple counts of bank fraud, access device fraud, and bribery. Henry was arrested on September 25 and appeared in court, and the case is still under investigation by the FBI.

Michael Saylor, the founder and executive chairman of Bitcoin Strategy Company, has once again released information related to Bitcoin Tracker, with the caption "Even more orange."According to previous patterns, Strategy usually discloses changes in Bitcoin holdings the day after relevant news is released.

The West Midlands Police in the UK reported that a young couple was attacked by masked individuals at their residence in Solihull in December 2025 and were forced to transfer a large amount of assets to the criminals' cryptocurrency wallet. The male victim was seriously injured, while the pregnant female victim was threatened with a knife, and the suspects also stole several high-value watches.The police believe this was a premeditated targeted attack, and the UK independent charity "Crimestoppers" is currently offering a reward of up to £10,000 for any information that could lead to the arrest and conviction of the suspects.

According to a report by The Information, Tether has some funds trapped at one of its offshore banking partners, which is facing liquidation risk after asset seizures in the United States.Tether stated that the assets it holds at the bank EQIBank are limited, accounting for less than 0.034% of its total assets.

The U.S. stock BNB Treasury Company Nano Labs issued a risk warning stating that its founder Jack Kong's personal X account has been compromised. Recently, the content related to tokens and artificial intelligence trading models posted on that account is neither authorized by him nor the company.The company emphasizes that it has not issued or endorsed any related token projects and reminds users not to click on suspicious links, transfer funds to related contracts, or trust private messages, to guard against fraud.

Meta's personal AI assistant Muse has been accused of reading users' private iMessages without permission and providing false explanations about how it accesses this information. Technology columnist Jason Aten installed the assistant on his iPhone and Mac when Muse launched on September 8 and explicitly refused to grant it access to personal data such as information and calendars.A few days later, Muse sent Aten a notification suggesting he write a column about the new iPhone that he had just discussed with his podcast partner, also mentioning a deadline reminder from the editor. Aten asked Muse how it knew this, and it replied that the Mac application only forwards notification previews and does not involve the content of messages. In reality, Muse had synchronized over 187,000 records from the local private information database on the Mac, an operation that requires full disk access permissions on macOS.David Singleton, head of Meta's superintelligent lab, responded on Threads that this feature requires users to actively choose to opt-in. Aten denied ever turning on that switch and stated that Meta had not answered related questions. Amazon has banned Muse from shopping on its site, stating that the assistant did not indicate its AI identity while browsing and seemed capable of capturing and storing user credentials. Since its launch, Muse has been downloaded over 2.5 million times, with its promotion emphasizing user control over access.

The founder and executive chairman of Bitcoin Treasury Company Strategy, Michael Saylor, has once again released information related to Bitcoin Tracker, with the caption "A little more orange".According to previous patterns, Strategy usually discloses changes in Bitcoin holdings the day after relevant news is released.