forma

Early investment institution ZhenFund has launched Ask AI on its official website. Entrepreneurs can directly inquire about which teams ZhenFund has invested in, what fields they are currently focusing on, and what activities are suitable for them.ZhenFund has compiled publicly available information about its investment team, invested companies, areas of interest, entrepreneurial activities, and contact information into a bilingual zhenfund.md. After users click on any AI entry point, the website will redirect to Kimi, ChatGPT, Claude, or DeepSeek, and pre-fill the prompts, allowing the model to read the document before answering questions.

According to the announcement from Forma's official X account, the Forma mainnet will stop operating at block height 34,567,890, expected around November 5th, giving users about two weeks to withdraw on-chain funds.After the chain stops, the team will take a snapshot of the on-chain state and migrate the remaining TIA to Eden. Both chains are EVM chains, and users can use the same wallet address to withdraw funds from Eden after the migration is complete.Modularium will migrate to Ethereum, and the related NFTs will be migrated as well; holders will need to claim them themselves through the re-launched Modularium website, as NFTs will not be automatically airdropped. The official statement indicates that the migration may take several days after the chain stops, and further announcements will be made when the migration is complete, along with more details and operational instructions in the coming weeks.

Imran Khan, co-founder of Alliance, expressed his views on a16z crypto's shift towards cutting-edge technology. He stated that he is always grateful to a16z for leading the investment in Coinbase in 2013, which provided external validation for the crypto industry; Marc Andreessen's 2014 article "Why Bitcoin Matters" in The New York Times pushed him to shift his career towards Bitcoin.Imran Khan mentioned that at that time, very few institutions or funds were willing to publicly support crypto, and a16z and USV were two funds that took on brand risk. Since then, a large number of talents have entered and reshaped the crypto industry. He believes that the current infrastructure development in artificial intelligence has a practical connection with Bitcoin mining infrastructure and the talent flowing from crypto to artificial intelligence.He stated that the shift from crypto to cutting-edge technologies such as robotics, biology, artificial intelligence, energy, and computing power means that the talents and capabilities built in crypto over the past decade can be applied to a broader range of fields. He cited the resistance faced by data centers as an example, noting that crypto also faced opposition, but traditional finance has now accepted crypto to a certain extent. He believes that cutting-edge technology is the next generation of technology builders, and the world often recognizes the importance of new technologies many years later.

U.S. Secretary of Defense Lloyd Austin has prohibited all Pentagon personnel from using non-public information to place bets on upcoming military operations, involving prediction market platforms such as Kalshi and Polymarket. In a memo sent to senior Pentagon officials and defense agencies on Tuesday, he stated that all Department of Defense personnel are prohibited from using non-public information for financial transactions, with the relevant restrictions covering both classified and unclassified information.Austin wrote in the memo that adversaries will observe movements in these markets, and the safety of U.S. military personnel often depends on the enemy not knowing what is about to happen. He also pointed out that, aside from operational security, financial betting can distort judgment: a logistics personnel betting on the date of an operation will be concerned about that date, and an analyst holding a position on the outcome will also be concerned about that outcome.Before this directive was issued, U.S. Army soldier Gannon Ken Van Dyke was charged in April for allegedly profiting over $400,000 on Polymarket by using classified information regarding the operation to capture Venezuelan leader Nicolás Maduro. Prosecutors claimed he participated in the planning and execution of the operation and used advance knowledge to bet on the outcome of Maduro's ousting; he pleaded not guilty to all charges. In February, Israeli authorities also arrested and charged a military reservist and a civilian for allegedly using classified information to bet on events related to Israeli strikes against Iran on Polymarket.

According to The Information, a16z will remove "Crypto" from the name of its flagship blockchain fund, renaming it to "a16z Frontier," and will shift its focus to other investment areas; the fund's first founding member will also be leaving.

The Cybersecurity Threat and Vulnerability Information Sharing Platform (NVDB) of the Ministry of Industry and Information Technology of China has detected two critical remote code execution vulnerabilities in PHP, posing serious risks. PHP is an open-source server-side scripting language widely used for web development. Unauthenticated attackers can exploit these vulnerabilities to execute arbitrary code remotely, leading to server control, sensitive information leakage, business interruption, and other harms.The affected versions include the 8.5 series below 8.5.12, the 8.4 series below 8.4.27, the 8.3 series below 8.3.36, the 8.2 series below 8.2.35, and the 8.1 series and earlier versions. The PHP security team has fixed the vulnerabilities and released a security announcement.NVDB recommends that relevant units and users conduct immediate inspections, upgrade to the latest secure version in a timely manner, or take temporary protective measures such as taking the system offline, disabling session upload progress features, network isolation, and restricting network access, as well as strengthening monitoring and management, and promptly modifying credentials such as accounts, passwords, and keys.

Galaxy Research Research Director Alex Thorn stated that since the second half of October, Bitcoin returns have been primarily driven by the Asian trading session, while the European trading session has dragged down overall performance.The chart he shared shows that as of October 20, calculated from October 1, the cumulative return of Bitcoin during the Asian trading session was 3.9%, 1.1% during the U.S. trading session, and -5.5% during the European trading session; the return for buying and holding all day during the same period was -0.7%.

Brent crude oil prices remain above $107, with reports of tanker damage in the Strait of Hormuz, and the shadow of supply disruptions has not dissipated.Federal Reserve Chairman Waller dampened expectations for an interest rate hike in October, and the dollar recorded its worst weekly performance since early September.

Matt Cole, the CEO of Bitcoin Treasury Company Strive, stated on the X platform that the long-term trend of currency depreciation will continue to drive the appreciation of scarce assets. Bitcoin, as digital gold, is still in its early stages of development, and as the market matures, its long-term performance is expected to surpass that of gold.Cole pointed out that over the past 55 years, gold has had a compound annual growth rate that exceeded the growth rate of the U.S. M2 money supply during multiple periods. Specifically, since 1970, the rates have been 9% and 6.7%, respectively; since the global financial crisis, they have been 9.5% and 6.3%; and since the COVID-19 pandemic, they have been 18.3% and 6.5%. Cole believes that as the debt crisis continues to worsen, the long-term outperformance of scarce assets relative to the dollar may further expand.For Strive, the key to outperforming Bitcoin lies in maintaining a high Bitcoin exposure multiplier and sufficient liquidity, rather than simply reducing financing costs. He emphasized that establishing and maintaining high Bitcoin exposure while avoiding financial risks is extremely challenging, and the market currently underestimates Strive's competitive advantages in Bitcoin exposure amplification and liquidity management. Its core investment philosophy is to reduce dollar exposure in the long term and increase Bitcoin allocation.

Founder of Strategy Michael Saylor has once again released information related to the Bitcoin Tracker. He stated, "We found room for more orange."According to previous patterns, the orange dots represent Strategy's Bitcoin purchase records, which may suggest that the company will increase its BTC holdings. Strategy typically discloses changes in Bitcoin holdings the day after relevant news is released.

Strive CEO Matt Cole released the company's Bitcoin holdings data chart on the X platform, with the caption "Now stack sats with double the horsepower," suggesting that BTC accumulation data may be disclosed next week. This move may follow the example of Strategy founder Michael Saylor.

On October 16, VerityAI, an AI trust and reputation network, received investment from AURUMX Capital. AURUMX Capital possesses compliance resources in traditional finance and digital assets, holding Hong Kong SFC license number 4/9 and MSB qualification. The project has previously received investments from Titan Foundation USA and BlockX.VerityAI is dedicated to transforming market research and predictive signals into on-chain verifiable reputation assets, building a credibility assessment system for contributors in the digital market. AURUMX Capital will leverage its institutional resources to promote the application of VerityAI's verifiable reputation infrastructure in institutional scenarios. Its core product, Signal Explorer, now supports Morph Mainnet and BNB Chain, having generated nearly 20,000+ on-chain signals as of October 16, 2026.

The speech by Federal Reserve Chairman Waller failed to boost the dollar, with the Bloomberg Dollar Spot Index dropping 0.4% on Friday, set to record its worst weekly performance since September 4. The dollar weakened against most major currencies, with the euro rising. Waller did not comment on monetary policy at the International Monetary Fund annual meeting, and investors reduced their bets on a rate hike by the Federal Reserve this month.

The modular blockchain project Celestia announced the launch of Eden, a high-performance EVM chain running on Celestia. Celestia stated that Eden will serve as an "Agentic Commerce" experimental sandbox to test the behavior and infrastructure needs of AI Agents when autonomously making payments, trading, and calling models on-chain.Celestia indicated that as AI Agents begin to participate in more frequent on-chain transactions, the market demand for block space, real-time settlement, and low-friction payments will continue to rise. Eden will help teams observe what kind of transaction environment Agents need, how they manage funds, and how their on-chain behavior will affect network design.The first experimental project of Eden is Botfun, currently in closed testing. According to Celestia, participating Agents can issue tokens independently and trade around narratives generated by other Agents; each model inference call is paid on-chain via x402.Celestia claimed that this experiment briefly positioned Eden as one of the largest x402 networks by transaction count. From a technical configuration perspective, Eden is an EVM-compatible chain that supports atomic batch transactions, application-paid Gas, and larger smart contract deployments, with the native Gas token being TIA. These designs will reduce the friction of signatures and fees when Agents continuously execute payments, exchanges, and interactions.

According to data from the CoinGlass platform, Gate's stock perpetual contracts rank second across the network, with several popular stock derivatives, such as SPCX, SKHYNIX, SNDK, and SOXL, having positions that also rank second across the network, only behind Binance.Real-time data from the platform shows that Gate SPCX has a position of 144 million USD, accounting for 14.65% of the total market share; SKHYNIX has a position of 137 million USD, accounting for 15.38%; SNDK has a position of 150 million USD, accounting for 18.62%; and SOXL has a position of 143 million USD, accounting for 23.92%.

Elon Musk stated that the Star Mind computer, jointly developed by SpaceX and Nvidia, has performed far beyond almost everyone's expectations and plans to achieve mass production next year.

Cryptocurrency media Watcher Guru reported that Australia has proposed legislation requiring the reporting of cryptocurrency transactions and the initiation of international tax information sharing.According to the bill, cryptocurrency platforms will be required to report transactions involving Australian residents to tax authorities starting from July 2027.