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The hedge fund Bridgewater's China business department informed investors that the institution's bullish stance on gold has decreased and that it holds a cautiously optimistic view on the domestic Chinese stock market. The Shanghai-based hedge fund stated in a letter to investors in September that it has gradually reduced its previously overweight position in gold.Bridgewater China noted that rising interest rates have increased the opportunity cost of holding gold, while rising oil prices have suppressed demand from energy-importing countries like India. The institution also expressed optimism about Chinese assets, believing that the current stock market valuation is not high, the policy direction is favorable for long-term capital formation, and that there may be more funds flowing into the stock market in the future against a backdrop of lower bond yields.

According to market news, the Financial Services Commission of South Korea stated that it will study a plan to allow cryptocurrency exchanges to participate in the Security Token Offering (STO) market, including issues such as market environment, investor protection, integration of licensing systems, and dual operating licenses.The Chairman of the Financial Services Commission of South Korea, Lee Ik-hyeon, expressed support for the proposal to utilize existing exchange technology and trading infrastructure to develop the STO market, emphasizing the need to integrate the technology and trading infrastructure of existing exchanges into the token securities market.

The U.S. Department of Commerce will allocate up to $389 million to support chip research and development.

According to the United States Patent and Trademark Office (USPTO), a patent from Samsung Electronics titled "Electronic Devices and Their Operating Methods Providing Blockchain Service" was officially granted on October 20.This technology allows electronic devices to identify nearby devices that support blockchain services through wireless signals, establish peer-to-peer connections, and select the device with the most recent data to complete blockchain synchronization by comparing the latest block heights stored on each device. This patent can reduce network traffic and energy consumption when devices synchronize block data.

On October 21, B.AI announced that its Web Chat has officially added a model search feature. As the platform's model matrix continues to expand to over 70 models, users no longer need to search one by one; they can quickly locate the target model by simply entering the model name in the model selection window, significantly reducing switching costs and improving usage efficiency in high-frequency calls and multi-model collaboration scenarios.This feature allows users to go from a vast selection to precise access, further optimizing the AI usage experience. You are welcome to log in to chat.b.ai/chat to experience it immediately.

Eight TLS certificates issued by eMudhra in India were found to have extremely weak private keys, allowing attackers to impersonate almost any website. Major browsers have blocked the affected certificates, but millions of servers, Linux systems, and connected devices may still need updates.A cryptography expert warned that the scale of this cleanup may exceed that of the Heartbleed vulnerability in 2014, and there is currently no confirmation of any malicious exploitation.

Cryptocurrency payment infrastructure company Mesh announced a partnership with Visa, allowing users to directly spend their cryptocurrency and stablecoin balances from participating wallet applications at over 175 million merchant locations worldwide. This integration supports both offline and online payments through Visa credentials configured in the backend, with Mesh responsible for transaction fund transfers and currency conversion, so users do not need to sell or transfer assets in advance.Bam Azizi, CEO and co-founder of Mesh, stated that cryptocurrency has never been a consumption issue, but rather a "last mile" problem, and previously solving this issue meant needing to obtain a separate card. Mesh handles fund transfers and conversions, allowing balances to be converted into purchasing power at the moment of payment, without users needing to transfer any assets, and merchants not needing to make any changes. The specific launch date of this partnership, supported devices, and participating platforms have not yet been announced.Mesh is a cryptocurrency payment infrastructure company that previously supported the launch of PayPal's "Pay with Crypto" service. In August 2025, institutions such as PayPal Ventures and Coinbase Ventures raised Mesh's total funding to over $130 million. In January of this year, Mesh completed a $75 million Series C funding round led by Dragonfly, entering the unicorn ranks. This partnership is also Visa's latest initiative to continuously integrate cryptocurrency assets into its merchant network, having previously engaged in similar collaborations with WeFi, Bridge, and others.

According to CoinDesk, on-site infrastructure provider ZeroHash announced the launch of the AUTH product at the Money20/20 USA conference held in Las Vegas. This product is a set of on-chain identity verification and account connection tools designed to address user experience issues during the on-chain transfer of crypto assets, stablecoins, and tokenized securities. Users no longer need to copy long strings of wallet addresses made up of letters and numbers, nor do they need to manually select a blockchain network to complete asset transfers.It is reported that AUTH transforms on-chain asset transfers from an address model to an account model, allowing users to directly connect self-custody accounts with custodial accounts. The process involves: selecting the account to connect, logging in via account credentials and multi-factor authentication, and then assets are transferred directly on-chain, with the entire process being nearly instantaneous.AUTH currently offers over 600 connections, covering both custodial and non-custodial accounts, involving approximately 250 million users across more than 190 countries. Partner platforms include Robinhood, Gemini, Coinbase (exchange and wallet), MetaMask, and Phantom.ZeroHash stated that AUTH emphasizes trust and control in addition to usability: replacing original addresses with verified, user-authorized accounts, while allowing partners to configure the supported account types, on-chain assets, and transfer methods themselves.In addition, ZeroHash appointed Ryan Beaudry as the General Manager of AUTH, who previously served as the Executive Vice President of Global Open Finance Products and Operations at Mastercard. AUTH can be used as a standalone product or enabled through ZeroHash's existing SDK, and platforms that have integrated other ZeroHash products do not need to connect separately.

According to Cointelegraph, Section 502 of the Digital Asset Tax Clarification Act (H.R. 10357) currently advancing in the U.S. Congress stipulates that the Secretary of the Treasury must establish a voluntary disclosure program for digital assets within 12 months after the act takes effect.Eligible taxpayers can correct past digital asset tax violations by submitting amended returns and paying back taxes, interest, and penalties under the program. The act was passed by the House Ways and Means Committee on September 16 with a vote of 38 to 5, but it has not yet officially become law and still needs to be passed by the House, the Senate, and signed by the President.Andrew Gordon, Executive Director of the Digital Asset Taxation Action Organization, stated that this is a significant change that will help many ordinary taxpayers, yet it has received little attention. He pointed out that U.S. investors are facing the first filing season under the new 1099-DA broker reporting rules, which give the IRS greater visibility into crypto transactions but do not address the years prior to the rules taking effect. Sharon Yip, founder of Crypto Tax Advisors, also noted that filing errors among ordinary crypto investors are very common, and the existing procedures lack standardized processes, making it impossible to provide predictable penalty treatment for unintentional violators.According to Section 502, taxpayers generally must submit amended returns within 24 months after the program is established, and the act sets two penalty standards. Taxpayers who provide proof that their violations are neither fraudulent nor intentional can apply a 0% penalty on the portion of back taxes up to $25,000 if they file within the first 12 months after the program starts, while amounts exceeding that will incur a 5% penalty.Those who do not provide such proof will face penalties of 25% and 40%, and the tax rates will increase if the initial window is missed. The act also provides specific civil penalty waivers, allowing unproven taxpayers to be exempt from criminal referral within the scope of the disclosed information. A report by CoinTracker in 2026 showed that only 49% of crypto users correctly understand that selling crypto assets is a taxable event.

Polygon announced the launch of Polygon CDK Besu, supporting banks and financial institutions to deploy private blockchains based on Hyperledger Besu, and connect to other blockchains and their liquidity through Agglayer from the outset. It currently supports deployment on the Ethereum mainnet.

The Zakura team, which operates the Zcash network, released a technical article stating that they plan to allocate a unique viewing key for each ZEC exchange completed through NEAR Intents, in order to block future quantum computers from exploiting public refund addresses to piece together user payment histories. NEAR Intents supports cross-chain token exchanges, and when users exchange the privacy coin ZEC for USDC, the service will publish a Zcash address for the user on the NEAR public blockchain, which will be used to return any unused ZEC.The Zcash address contains a public key generated by the wallet's viewing key, which cannot be reverse-engineered by ordinary computers, but large quantum computers running Shor's algorithm could theoretically deduce the key from the address. Zcash wallets can generate multiple seemingly unrelated addresses, but they typically share the same viewing key. Once an attacker cracks it, they can associate all payments received by the account and read the amounts and notes. Zakura's solution allocates a unique viewing key for each exchange, while the spending key remains in the user's main account. Even if the future refund address is compromised, the attacker would only be able to see payments related to that specific exchange.This design also addresses a practical issue: wallets conducting hundreds of exchanges would generate hundreds of keys, requiring each key to scan the entire Zcash chain during backup recovery. Zakura's solution is a privately queryable database that uses private information retrieval technology, so when the wallet inquires about the refund destination, the database will not know the address being queried. Zakura claims that wallets built on its open-source library (including Vizor) will be able to add this feature in the coming weeks, and hardware wallets will follow after firmware support, ahead of the January quantum-resistant payment target set by Zcash developers this month.

Latvia may allow residents to pay personal taxes with cryptocurrency by 2027, aiming to attract crypto businesses and investors. Prime Minister's strategic planning and new economy advisor Didzis Dejus told CoinDesk at the UN:BLOCK Fintech conference in Riga that he believes this arrangement will be realized next year. The country's Ministry of Finance has agreed to the plan, which still needs to complete technical integration with payment service providers.The plan builds on a proposal announced in May 2025, when Latvia proposed accepting cryptocurrency for tax payments and promoting the tokenization of assets such as real estate. Dejus stated that Latvia is not afraid to be the fastest-moving country and hopes to attract more crypto businesses beyond licensing. He did not disclose specific payment service providers or specify which cryptocurrencies could be used for tax payments.Meanwhile, the Latvian parliament passed legislation on October 15, changing the taxation of withdrawals from crypto investment accounts to apply to amounts exceeding the deposited amount, rather than taxing each transaction. The law introduces a one-time reporting mechanism, allowing holders to settle past tax obligations by declaring 10% of the asset's market value by the end of 2026, with the reporting period from April 1 to May 31, 2027, and taxes due by July 23. Dejus stated that this measure will help those who purchased cryptocurrencies years ago but lack cost records. The timing of the tax payment plan may depend on the next government, as the United List led by Prime Minister Andris Kulbergs won the parliamentary elections on October 3 and is expected to be nominated again, but still needs coalition partners.

Recently, TRON founder Justin Sun shared his views on personal assets outside of TRON during a 3.5-hour offline discussion with Jin Ming. The core configuration points are as follows:BTC: As a base asset, there has been no reduction in holdings over the past year. Although concerned about the impact of quantum computing and AI algorithms, believing the market has not fully priced in the related risks, he still insists on holding and has adopted a cold wallet sheltering mode for isolation.ETH: Reduced holdings by about 80%-90% in the $3600-$4000 range last year, currently retaining only about 20% of the base asset for observation, and has not repurchased. Most of the funds from the reduction have been transferred to U.S. stocks.NVIDIA: Main position in U.S. stocks, positioned as a base asset in the AI field, heavily invested and not reduced.NASDAQ 100: Heavily held. Slightly bearish in the medium term (due to capital clustering, high interest rates, etc.), but no short positions taken, and the position is retained.A-shares: No holdings. Overall bearish on traditional assets, more inclined towards AI applications and Web3 directions.In the interview, Justin Sun emphasized that ETH is an aggressive asset, BTC is a base asset, and he is optimistic about applications in AI health management, while being bearish on certain hardware sectors. The above is a summary of the interview points, not a complete balance sheet.

Ant International and Huaxia Fund (Hong Kong) jointly announced that Ant International has recently completed the allocation of the Huaxia Renminbi Digital Currency Fund (3461.HK / 83461.HK) and has incorporated it into its treasury allocation.The related fund transfer was initiated by Ant International at the Shanghai Pudong Branch of China Construction Bank, with digital renminbi assets being transferred in real-time from Shanghai to Hong Kong, ultimately deposited into the relevant account at Standard Chartered Bank (Hong Kong), and the fund allocation completed in offshore renminbi, achieving a full-link connection for cross-border allocation of digital renminbi and investment in offshore renminbi assets.The announcement stated that this practice opens up the channel for offshore asset management of digital renminbi and corporate treasury applications, and verifies the feasibility of digital renminbi in the cross-border fund allocation scenario between Shanghai and Hong Kong. The above news was reported by Huang Xinyi from the Science and Technology Innovation Board Daily.

Cryptocurrency hardware wallet manufacturer Ledger announced the launch of Ledger Agent Intent, which is now open for free to all signature devices compatible with Ledger. The AI agent can monitor the market and provide portfolio optimization suggestions, allowing users to review and approve relevant actions on their Ledger devices, while the private keys remain under the user's control.Agent Intent will be directly integrated with OpenClaw, allowing users to register the OpenClaw agent and authorize actions on their Ledger Atom devices, with the OpenClaw application pre-installed on the device. This tool also supports Pay.sh from the Solana Foundation, and requests made by the agent can enter a unified queue for users to choose the timing for signing.Ledger collaborates with Venice AI to address privacy issues and stated that user data will not be used for training models by third parties.

Hyperliquid HIP-3 has generated a total revenue of 75 million USD, of which 37.5 million USD goes to the deployer, and another 37.5 million USD is used for the buyback and destruction of Hyperliquid's native tokens.HIP-3 is the mechanism for the deployer to launch perpetual markets on Hyperliquid, allowing the deployer to define the oracles and contract specifications and be responsible for operations, while reusing the protocol's order book and clearing infrastructure. The related market fees are usually shared between the deployer and the protocol in proportion, and the protocol's revenue can be used for buyback and destruction.

According to The Block, Starknet developer StarkWare has officially opened its privacy trading service OffMarket to the public, allowing users to trade on Polymarket without publicly associating their positions with their accounts.The service has been undergoing limited testing since August, operating based on Starknet's zero-knowledge technology and shared privacy pool. Currently, the USDC deposit limit for each account is set at $1,000, and StarkWare has stated that it will adjust this limit based on demand and usage. Orders are still executed on Polymarket, facing the same buyers and sellers and market prices.OffMarket is completely non-custodial, with users' private keys stored in the browser, and funds held in Starknet's open-source privacy pool. Polymarket positions are held in contracts by wallets derived from user signatures. OpenZeppelin completed an audit of the privacy pool contract in June, finding no serious or high-risk issues, and StarkWare completed formal verification the following month. StarkWare co-founder and CEO Eli Ben-Sasson stated that the project stems from his long-term investment in the field of financial privacy and mentioned that OffMarket is bringing zero-knowledge technology to Polymarket.A spokesperson for StarkWare stated that OffMarket still cannot prevent others from identifying traders through transaction size or timing, and the market, prices, and transactions themselves remain public. Transfers of USDC from the shared pool to new wallets can also be seen.

Sui lending protocol Scallop announced the launch of the browser wallet Scallop Wallet. This wallet is a self-custody product and is now available in the Chrome Web Store.According to the official introduction, users can manage assets, exchange or purchase cryptocurrencies, compare lending rates within the Sui ecosystem, and track their positions in Scallop, all within the same wallet.

DeFi yield protocol infiniFi announced the token economics of its native token INFI and announced an upcoming Token Generation Event (TGE).According to the allocation plan, 45% is allocated to the ecosystem, with the team and investors each accounting for 20%, and the foundation accounting for 15%. infiniFi adopts an on-chain partial reserve model, primarily providing stablecoin deposits and yield management services.

According to on-chain analyst AI Yi's monitoring, the TRUMP team allocated an address that transferred 11.78 million dollars worth of tokens to a new address after 12 days, which may be deposited into an exchange.Twelve days ago, he transferred 8.87 million dollars worth of Solana to the address 52RDq...rkaD1: 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN. This portion of tokens was subsequently deposited into OKX through two addresses.