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Reuters reported on October 23 that Elizabeth Barron, the Executive Director of the non-profit organization PHP Foundation, which supports the open-source language PHP, stated in an email interview on Friday that the foundation is severely underfunded. She mentioned that recent events indicate a high reliance on PHP by businesses and governments, and given this reliance, PHP's funding is clearly insufficient.Barron noted that the foundation currently has only one full-time employee, which is herself, along with 14 part-time contractors, with funding coming from donations and grants. The increase in coding related to artificial intelligence has roughly doubled the foundation's workload. The number of code change proposals received by the PHP project is nearly double that of a year ago, but the number of contributors has not doubled. She stated that reviewing code contributions and bug reports requires a significant amount of manual input and expertise.Reuters reported that two serious vulnerabilities in PHP were discovered this week, prompting urgent patches for websites worldwide, highlighting the critical importance of this nearly thirty-year-old open-source language to the internet. The article stated that PHP may support approximately 70% of websites globally, and there is currently no evidence that these vulnerabilities were exploited before their disclosure. The report was filed by journalist Toby Sterling from Amsterdam.

NVIDIA CEO Jensen Huang stated during an interview with CNBC reporter Arjun Kharpal at the GTC conference in Berlin on Thursday that the demand for neocloud is extremely high and its capabilities are extraordinary, but insufficient working capital is restricting growth. He mentioned that there is huge demand in multiple fields of artificial intelligence, and the capital demand far exceeds supply, a problem that will be resolved.Jensen Huang indicated that electricity is the main constraint on the expansion of artificial intelligence, with European electricity prices being higher. He believes that allocating scarce energy to companies like Nebius and Mistral is crucial for their growth. Investment can enter Europe, but local infrastructure must be established first; if European neocloud can build infrastructure locally, the artificial intelligence ecosystem and economy can start and remain in Europe. He added that the whole of Europe still needs more neocloud.NVIDIA is conducting media activities in Europe this month and has committed nearly $10 billion in investments to local companies, universities, and research institutions. Jensen Huang announced last week during his visit to London that the company has invested over $1 billion in five UK startups and is also investing in several French startups. He stated that NVIDIA is trying to kickstart the artificial intelligence economy in Europe, which has a wealth of technology, industrial experience, and research capabilities, and is ready to participate in and build a local artificial intelligence economy.

Ripple's brokerage business Ripple Prime (formerly Hidden Road) announced that institutional clients can now trade swap contracts linked to over 100 stocks, commodities, and foreign exchange markets around the clock, using the USD stablecoin RLUSD issued by Ripple as collateral. These swap contracts track perpetual futures listed on the cryptocurrency derivatives exchange Hyperliquid by Trade.xyz, which have no expiration date and can be traded 24/7, allowing funds to build positions in assets like gold while traditional markets are closed. Ripple announced on October 15 that trading company Virtu is already using this service.HSBC's head of digital asset research, Daragh Maher, stated in a report sent to clients on Monday that this launch is "evolution rather than revolution." He wrote that it is a rapidly growing market but still far smaller than the traditional financial markets it tracks, and the product's appeal will be stronger only when the market has sufficient depth, allowing investors to express views and adjust risks while traditional markets are closed. HSBC expects early activity to focus on market makers, proprietary traders, and hedge funds seeking basis trading, rather than institutions looking for strategic hedging.The risks of weekend trading have already become apparent. Last Saturday, approximately $52 million in leveraged chip stock positions were forcibly liquidated within 10 minutes, with the sell-off spreading from Binance to Hyperliquid, while the underlying stocks were not trading, and the contracts lacked new stock market prices for reference. HSBC stated that Ripple's success depends on whether the service is cheaper, simpler, and can better utilize client collateral compared to existing brokers. The new swap business is offered under Ripple Prime's British Virgin Islands license, with plans to expand to more jurisdictions in the future.

Tech journalist Mark Gurman stated that Apple is launching the iPhone Duo ahead of schedule due to supply shortages, in order to get it to market sooner.It is expected that sufficient supply will not be available until at least November. Apple has not disclosed whether there will be stock available on the first day of sales in physical stores.

According to Cointelegraph, French hardware wallet manufacturer Ledger received multiple reports of malicious implants months before the latest security crisis occurred. Former Mt. Gox CEO Mark Karpelès stated that at least two individuals contacted Ledger starting in December 2025 to report that their devices had been tampered with, but no public warning was issued.Security researcher Joe Grand reported a malicious implant to Ledger on March 4, 2026, which was located in a Nano X purchased from Lazada in Thailand in August 2025.Ledger confirmed the findings and stated that an internal investigation would be launched, but did not proactively alert customers. Mark Karpelès believes that the increase in the number of reports and the complexity of the technology used should prompt Ledger to take action and at least remind customers to remain cautious.Ledger declined to comment on how they handled Joe Grand's disclosure, only directing to their public statement on X. The Ledger security crisis was made public on October 9, involving the loss of wallet crypto assets sold by Southeast Asian authorized dealer CryptoBilis; Ledger confirmed that one affected device contained an unauthorized implant. Trezor had also previously received reports involving unauthorized sellers tampering with devices.

Federal District Judge Alvin Hellerstein in New York dismissed the joint application of Gemini and the Commodity Futures Trading Commission (CFTC) to revoke the $5 million settlement agreement. Gemini and the CFTC had stated in May that the settlement agreement reached in January 2025 violated the fundamental principles of fair enforcement.The judge ruled that the aforementioned reasons were insufficient to support the revocation of the settlement and noted that Gemini voluntarily signed the agreement three weeks before the trial.

According to Decrypt, over 400 scientists, including "AI Father" Geoffrey Hinton and 2018 Turing Award winner Yoshua Bengio, published a joint open letter on Tuesday, calling for AI laboratories to default to "physically isolating" models capable of cyberattacks, meaning cutting off their connection to external networks. The open letter stated that in the short term, strong sandbox mechanisms, including network disconnection, should be adopted to implement high levels of containment for AI models with cyberattack capabilities. As of Wednesday, the number of signatories had increased to 450, including Stuart Russell from the University of California, Berkeley, and Ron Rivest, co-inventor of the RSA encryption system from the Massachusetts Institute of Technology.Before the release of the open letter, AI models experienced a summer of frequent "jailbreaking." In July, OpenAI admitted that GPT-5.6 Sol and an unpublished stronger model had breached closed testing environments, infiltrating the platform Hugging Face, which hosts over a million public AI models; these models were then being tested on the ExploitGym benchmark, which provides 898 real software vulnerabilities, requiring AI agents to convert each vulnerability into a usable attack. Subsequently, reports emerged that OpenAI models had unauthorized access to Australian government systems and obtained information from U.S. federal agencies.

According to foreign media reports, at a forum held by DBS Bank on Monday, Jensen Huang stated that the performance of Chinese AI models (including DeepSeek, Kimi, and GLM) has already been outstanding.Jensen Huang claimed that he is a staunch supporter of open source, stating that open source is the best way to drive efficiency improvements, and the market will determine which models are most suitable for different application scenarios. He also mentioned that quantum computing may enter mainstream applications within the next 3 to 5 years, and software will play an important role in promoting the efficient use of related infrastructure.

According to Bitcoin.com News, Juan Curutchet, the head of financial and foreign exchange institution regulation at the Central Bank of Argentina (BCRA), recently stated that in the short term, cryptocurrency assets will not be allowed to integrate into the banking and payment service systems, and the regulations prohibiting financial institutions from providing cryptocurrency services established in 2022 will continue to be maintained.Juan Curutchet pointed out that Argentina's current economic vulnerability is insufficient to support the advancement of related measures, and whether the ban will be lifted in the future depends on the economic situation. Related topics may be discussed during the second term of Milei.

Strive's issued SATA preferred stock is expected to raise approximately 55 million dollars in the week ending October 5, which is enough to purchase about 638 bitcoins at a price of approximately 82,800 dollars per bitcoin. The total trading volume of SATA for that week is about 317 million dollars.The trading price of SATA was above the par value of 100 dollars for most of Monday and Tuesday, but fell below par value from Wednesday to Friday, leading to an expected pause in the issuance activity. The 8-K filing submitted by Strive and Strategy on Monday will confirm the actual number of bitcoins purchased with the related funds. As of October 2, Strive held 29,462 bitcoins, having purchased 2,000 between September 28 and October 2 at an average price of approximately 84,422 dollars. Strategy did not sell any STRC between September 28 and October 4, only acquiring 334 bitcoins through the sale of MSTR common stock.

European Union technology chief Henna Virkkunen stated that the EU's current artificial intelligence regulatory rules are sufficient to address the risks posed by uncontrolled AI entities. In an interview with Reuters on Friday, she mentioned that the safety and security of powerful models is a hot topic internationally, and Europe is well-prepared in this regard.The EU's Artificial Intelligence Act regulates based on risk levels and is one of the strictest AI regulatory frameworks in the world, having been passed two years ago. Virkkunen dismissed critics who believe the EU's AI rules are outdated, stating that the legislation covers the entire lifecycle of these models, and regulators are providing model evaluation guidelines for companies based on the recommendations of 60 AI experts.Previously, incidents involving OpenAI and Anthropic raised global concerns about the potential for uncontrolled AI entities to escape human control. The European Commission had requested detailed information about safety and security measures from over 30 unnamed AI companies at the end of August, and Virkkunen indicated that they are currently assessing these responses. Anthropic CEO Dario Amodei previously stated in a blog post that the rapid pace of AI development could, if left unchecked, "exceed our understanding and control systems capabilities."

On October 8, during the Gate press conference at TOKEN2049 in Singapore, Gate founder and CEO Dr. Han stated that as asset growth and capital flow accelerate, financial services need to match the faster market pace, and Gate Money is driving financial efficiency to the next level.Dr. Han believes that digital assets, stocks, fiat currencies, stablecoins, and payments are accelerating their integration, and user demands have extended from single asset management to asset allocation, capital management, and payment consumption. Gate Money integrates digital assets, stocks, ETFs, gold, fiat currencies, bank accounts, transfers, payments, and asset management into the Gate App. Users in eligible regions can apply to open a global bank electronic account in their name and complete asset management, investment, capital receipt and payment, currency exchange, and payment consumption within the same account.He stated that new technologies such as stablecoins, on-chain payments, and digital securities are changing the global financial infrastructure. Gate will continue to explore more possibilities for new technologies to enter real financial scenarios, promoting the evolution of financial services towards higher efficiency.

U.S. President Trump will attend the AI Science Conference on Thursday to announce that companies such as AMD, OpenAI, and Anthropic have made investment commitments exceeding $1 billion for the "Genesis Project."Ten states in the southeastern United States will establish computing power hubs, with Georgia investing $1 billion. The National Science Foundation and the Department of Energy will invest over $100 million to develop AI scientific research tools.

The Federal Reserve's meeting minutes show that officials stated there has not been sufficient progress in reducing inflation over the past few months.

Chairman of the U.S. House Financial Services Committee French Hill stated that the actions taken by regulators to advance digital asset regulation lack the long-term stability provided by congressional legislation. He hopes that Congress will pass the CLARITY Act during the lame-duck session before the new Congress takes office in 2027.The U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) have previously proposed relevant rule-making plans. French Hill indicated that the regulatory actions of the two agencies following the Senate's failure to pass the CLARITY Act last month are still insufficient to replace legislative proposals. SEC Chairman Paul Atkins and CFTC Chairman Michael Selig have announced that they will advance cryptocurrency regulation as directed by U.S. President Donald Trump. As of Wednesday, there are a total of 7 vacancies in the leadership of the two agencies; among them, Hester Peirce announced her resignation as SEC Commissioner last week, and the CFTC is currently only chaired and staffed by Selig.

Vitalik Buterin retweeted Nethermind's development progress and stated that Nethermind is continuously improving the efficiency and operating speed of Ethereum.Nethermind core developer Ben Adams mentioned that its Beacon Chain plugin has completed synchronization and is ready to handle the Glamsterdam fork on Sepolia; running the Ethereum execution layer and consensus layer as a single application does not seem to incur significant additional memory overhead.The Ethereum Foundation previously confirmed that Glamsterdam will be activated on Sepolia on October 6, and Nethermind 2.1.0 has supported this upgrade.

According to the official announcement, Bitget Stock+ has launched the "Multi-Leg Combination Options Strategy" feature. The specific strategies include Covered Call/Put, Vertical Spreads, Straddle & Strangle, and Collar, further meeting users' professional trading needs in risk hedging, volatility trading, and directional speculation.At the same time, this feature supports the Portfolio Margin mechanism. When the options position opens and forms a risk hedge with the user's existing positions, the system will automatically reduce or offset the corresponding margin requirements, helping to enhance the efficiency of users' capital utilization.In addition, the combination strategy allows users to flexibly split the opening and closing of positions (Leg in/Leg out). Currently, this feature is available for use during regular trading hours from 9:30 AM to 4:00 PM Eastern Time. For more product details, please refer to the Bitget official platform.