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Sui co-founder and Chief Product Officer Adeniyi Abiodun wrote in a review: Several years ago, when the team began to build an L1, the venture capital firms and institutions they contacted suggested that they fork EVM to avoid the difficulties of self-development and to quickly launch another version of a similar product before continuing to advance.Abiodun stated that the team rejected this suggestion because they had a clear judgment on the direction of industry development and believed that replicating a flawed design was not advisable. Therefore, Sui was built from scratch, taking on the corresponding risks and time costs. He mentioned that the current trend aligns with the team's initial judgment, and among the batch of application scenarios people hope to build today, Sui is the only viable option, making the next few years very interesting.

Web3 security platform Blockaid co-founder Ido Ben-Natan posted on the X platform that since the release of the first half report in August, the number of on-chain cybersecurity incidents has continued to reach historical highs month by month. Attackers, motivated by profit, find that attacking on-chain infrastructure offers the highest return for hackers, and this trend will become even more severe as the funds callable by AI agents increase.According to Fortune, Ben-Natan stated that the company is currently in its "busiest ever" state, one reason being the significant increase in hacker attacks. Additionally, Nansen CEO Alex Svanevik predicted that by 2028, trading cryptocurrency assets through AI agents rather than manual interface clicks will become the norm.

Lamine Brahimi, co-founder and managing partner of the cryptocurrency custody and tokenization company Taurus, stated in an interview with CoinDesk that banks need to meet three conditions to access the newly launched blockchain ledger by Swift: a proprietary permissioned chain that interacts with the Swift ledger, wallet capabilities, and tokenization and smart contract capabilities to integrate Swift's smart contracts.He pointed out that this means the Swift ledger is not a replacement for banks' internal systems, but rather acts as an orchestration layer, helping institutions achieve cross-border, round-the-clock transfers of tokenized deposits, with final settlement still completed through existing arrangements. Banks still need to hold and manage tokenized deposits, digital asset wallets, and related smart contracts themselves. In July, Swift announced that 17 banks were preparing for real-time transactions of tokenized deposits; in August, HSBC and Standard Chartered completed the first real-time interbank transaction, followed by DBS and Citibank completing weekend cross-border USD payments, reducing settlement time from a maximum of two business days to just a few minutes.Brahimi stated that additional infrastructure should not be seen as a flaw in Swift's design; the ledger is still an early product but provides banks with a choice between existing payment channels and tokenized deposits that can circulate around the clock. Taurus announced in August that it had completed Swift integration, providing the aforementioned three layers of capability through a single platform. He added that tokenized deposits were used very little before Swift's announcement, primarily adopted by larger global banks like JPMorgan. The Swift model retains deposits on the banks' balance sheets, distinguishing it from stablecoins issued outside the banking system.

Circle co-founder and CEO Jeremy Allaire posted on the X platform that the Circle x402 Facilitator service has launched on Arc, which supports the settlement of USDC on Arc, Base, and Polygon PoS through EIP-3009.In addition, with the launch of Arc, the market demand for cirBTC is increasing. Currently, Circle Mint customers can directly mint and redeem cirBTC natively within the app, with each cirBTC backed 1:1 by 1 native BTC and redeemable for native BTC at a 1:1 ratio.

Co-founder Nate of long.xyz tweeted that in the coming days, the platform will focus on building distribution channels independent of public chains, the cryptocurrency market, and the Meta cycle. He believes that the market still seriously underestimates the narrative, distribution, and capital scale of the stock market, and stock trading is expected to become the "ultimate Meta" for the cryptocurrency market.Nate stated that long.xyz will continue to focus on this direction and will not frequently adjust its product direction due to hot topics like AI Agents and Memes.

Figure co-founder and Executive Chairman Mike Cagney tweeted that DeFi is more suitable for asset-backed finance (ABF), which can avoid double pledging, directly improve collateral, self-custody or autonomous venues, and liquidity collateral. He believes that Figure has brought ABF on-chain, but overall it is still in the early stages, with approximately $60 trillion of the market yet to migrate on a large scale.He also listed five reasons why traditional finance has been slow to enter on-chain applications: poor interface experience, which has allowed applications like Robinhood and SoFi to win on the retail side; the long-term difficulty of achieving qualified custody and recoverable self-custody; hedge funds and others requiring multiple wallets, multiple users, tiered permissions, and complete audits to be exported to fund administration and accounting; regulation is being streamlined, and the precedent for on-chain native securities is becoming clearer, with hopes for the CLARITY Act and guidelines; and KYC issues are easier to resolve than the outside world thinks, as on-chain programmatic screening and wallet-level permissions can be implemented.

Co-founder of Alliance, Imran Khan, tweeted that for most people, the public chain itself will become secondary; the key is the products that serve end users at the upper layer. Launch platforms are being commoditized, and platforms with the deepest network effects or those that occupy niches through differentiation (such as stock trading pairs) are more likely to succeed.The on-chain front end is weakening the stickiness of single venues and community identity, as it can connect various venues through the same window, reducing switching costs; this is also true for lending, exchange routing, cross-chain bridges, and most trading infrastructure, where stickiness will shift to the party that controls user relationships.

According to on-chain analyst Yu Jin's monitoring, the address of Fish Pond Alliance Wang Chun reduced its holdings by 6,609 ETH (16.63 million USD) again 10 hours ago.Since this round of increase, it has cumulatively reduced its holdings by 23,378 ETH (55.06 million USD), with an average price of about 2,355 USD.

WLFI co-founder Zach Witkoff stated that Sun Yuchen's claims about the latest court ruling contain multiple false statements. Sun Yuchen previously claimed that the court supported his position and described the outcome as a "major victory," but in fact, the court did not make any ruling.Zach stated that Sun Yuchen packaged "temporarily leaving personal demands in court" as a victory, but WLFI never requested to submit his personal demands for arbitration. The motion to dismiss filed by WLFI regarding these personal demands is still pending a court ruling. In other words, the "court support" and "major victory" claimed by Sun Yuchen do not exist.

IREN Co-Founder and Co-CEO Daniel Roberts stated that each new AI data center will further increase rather than decrease AI demand.Roberts believes that simply comparing the current AI infrastructure cycle to past technology booms is misleading. More powerful AI requires more computing power, and lower-cost AI will drive more users and applications to use AI.He pointed out that each leap in AI capabilities creates a large number of new application scenarios that did not exist before, so demand can grow rapidly at the pace of software development, but the supply of computing power cannot expand at the same speed.The construction of computing power infrastructure is limited by real-world conditions such as power access, transmission lines, concrete, steel, and construction personnel, making it difficult to quickly increase the speed of supply expansion.Roberts stated that in past technology boom cycles, technological advancements often helped the supply side catch up with demand, but the current AI technology itself is driving demand to grow exponentially, while the speed of infrastructure construction in the real world struggles to keep up.

Base co-founder Jesse Pollak stated that Robinhood Chain has made some progress in tokenized stocks within the Ethereum virtual machine environment, while Base is relatively lagging in this direction.He expressed dissatisfaction with this but mentioned that Base is close to resolving this issue together with Coinbase.

ENS co-founder Alex Van de Sande proposed a formal draft on Monday, suggesting to delegate 5 million ENS tokens from the ENS DAO's idle community treasury to individual participants to break the current concentration of governance power. Van de Sande pointed out in the proposal that currently, a representative with a sufficient quorum can not only execute any proposal but can also veto the votes of the next 50 representatives, implicitly referring to co-founder Nick Johnson. The tokens come from the unclaimed community treasury shares from the original ENS airdrop five years ago, and participants do not own or cannot sell these tokens. Van de Sande also proposed to add another 5 million tokens for delegation next year, trigger the revocation of delegation after six months of inactivity, and automatically terminate the overall arrangement after two years.This proposal comes at a time when the governance dispute within ENS DAO is escalating: Johnson previously delegated his ENS tokens (approximately 50% of the total delegated amount) to support a proposal to transfer the DAO's operational wallet to the ENS Foundation, and then used his voting power to block the renewal of the security committee, drawing criticism from several community members, with the original The DAO code author Christoph Jentzsch even suggesting to directly dissolve the ENS DAO.

Alliance co-founder Imran Khan posted on X: "There is a project team within Alliance composed of former team members from Anthropic, exploring a very interesting entry point that focuses on the intersection of cryptocurrency, trading, and AI. The imaginative space and potential market in this direction are much larger than they appear on the surface. We will share more details soon, stay tuned."

According to Cointelegraph, Casa co-founder Jameson Lopp warned that a new phishing technique has emerged, where attackers abuse legitimate Google recovery forms to hide malicious links within lengthy messages filled with a lot of blank space.

Base co-founder Jesse stated that the x402 protocol now supports batch settlement, enabling a large number of small payments, with individual transactions as low as below 0.0001 USD, making it very suitable for on-demand payment calculations and instant resources such as inference.

GMGN co-founder Haze posted on the X platform stating that multiple feature updates have been completed on the web version, including support for ETH limit orders and advanced strategies, support for multi-wallet profit and loss (PNL) statistics, support for multi-wallet trading and continuous click trading, and the first round of speed optimization has been completed, with ongoing improvements to follow.

Monad co-founder Keone Hon released a protocol security self-inspection checklist on the X platform, focusing on core issues such as management permissions, fund security, and multi-signature mechanism design, which mainly includes ten points:Clearly identify which admin functions may lead to fund loss;Ensure that relevant operations are time-locked;Establish a real-time monitoring mechanism;Provide timely alerts when admin functions are called;Review all privileged accounts and try to use a multi-signature (k-of-n) structure;Clarify signature threshold parameters;Multi-signature signers should use independent cold devices solely for signing operations and follow best practices (such as independently verifying transaction hashes);Set rate limits on withdrawals and avoid control by the same multi-signature;Ensure employee devices have malware detection and management capabilities;Predefine extreme scenarios where multi-signature signers are compromised, reverse engineer potential attack paths from the attacker's perspective, and optimize system design accordingly to increase attack costs and complexity.

Resolv Labs co-founder Ivan released an update on the protocol security incident and subsequent recovery progress. It is reported that whitelisted USR users can redeem first, mainly because their wallets have been verified, and the Resolv team can manually process within 24 hours to control risks. Currently, 98% of related redemptions have been completed.For non-whitelisted USR holders before the vulnerability occurred, Resolv promises to redeem at a 1:1 ratio as well, but the relevant redemption technical plan is still being finalized.Regarding whether there are internal personnel involved, Ivan stated that no evidence of internal participation has been found so far. For USR holders, LPs, and RLP holders after the vulnerability occurred, the subsequent processing involves legal, technical, and ecological coordination among multiple parties, and there is no single solution at this time. A complete recovery plan does not yet have a clear timetable, and the follow-up will be completed as soon as possible while ensuring prudent progress.Previously, the Resolve attacker used 200,000 USDC to mint 80 million USR.

Dragonfly managing partner Haseeb Qureshi recently engaged in a public debate on social media with former co-founder Alexander Pack (now co-founder of Hack VC).Haseeb posted a reflection on his experience building the venture capital firm, stating that Dragonfly's early brand and system were not yet established, and that development and scaling only began after his arrival. In response, Alexander Pack countered that Dragonfly had already been co-founded by him and Feng Bo for over a year before Haseeb joined, and had committed to leading investments in projects such as Bybit, Amber Group, and Crusoe, with the relevant fund announcements made prior to Haseeb's employment.Haseeb then responded, claiming that some of the other party's statements were inconsistent with the facts, and clarified the specific roles and decision-making processes regarding project investments, leading to an ongoing debate between the two about the company's founding phase and investment contributions.