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people

People is the governance token of the ConstitutionDAO project, initially used to raise funds to bid for a copy of the U.S. Constitution. The token continued to exist after the DAO was dissolved and is used by the community for other decentralized governance and project development. The People token symbolizes the power of decentralized autonomous organizations, allowing holders to participate in project decision-making and governance.
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Robinhood has over 150,000 people opening AI trading accounts, and the CEO envisions retail strategies close to the exchange

The CEO of the stock and cryptocurrency trading platform Robinhood, Vlad Tenev, stated in a recent interview that a significant portion of retail trading is expected to be initiated by AI in the future. The Agent can monitor the market around the clock and handle trades in various assets such as stocks, options, and cryptocurrencies, but most funds may still be held long-term.In May of this year, Robinhood allowed users to trade through third-party AI Agents via MCP, and at the end of September, it announced the direct integration of Agents into the App, with over 150,000 customers having opened dedicated trading accounts at that time. Currently, funds are still restricted through independent accounts; the Agent can view users' other account information but can only place orders within the dedicated account, and funds must be actively transferred by the user. Tenev stated that technically, it is not difficult to directly access the main account, but the company has chosen to gradually loosen permissions.In terms of approval settings, the built-in Agent requires users to approve each transaction by default, but this setting can be manually turned off; external Agents accessed through MCP do not require per-transaction approval by default, and users must enable approval themselves. Tenev also envisions allowing retail investors to deploy trading strategies on servers close to exchanges to reduce order delays, and hopes that ordinary investors can use such infrastructure without needing to understand data centers and network engineering. Robinhood has not yet provided this service and has not announced a timeline for its launch.

first_img The U.S. Department of Justice arrested two people and seized 187 devices to crack down on North Korean notebook farms

On October 13, the U.S. Department of Justice announced the arrest of two Americans in an operation targeting North Korean IT personnel who entered U.S. companies under false identities, and the seizure of approximately 187 computer devices. Michael James Bostelle from Pennsylvania and Juan Cecilio Pena Carrillo from Texas were arrested based on an indictment from the Northern District of Ohio Federal Court. Prosecutors allege that the scheme involved over 70 U.S. employers, generating approximately $3 million in revenue for overseas IT personnel. The two are charged with conspiracy to commit wire and mail fraud, conspiracy to commit money laundering, and conspiracy to commit identity theft, with Pena additionally charged with aggravated identity theft.The device seizure operation is part of "Operation Lone Star," coordinated by federal law enforcement in the Northern District of Texas. From September 21 to 25, the FBI executed searches at over 40 suspected "laptop farm" residences in Texas, seizing devices including laptops and keyboards, video, and mouse equipment for remote access. According to the Ohio indictment, domestic accomplices received laptops issued by employers at home and then allowed overseas personnel to control them via remote access software or hardware, making it appear as if they were located in the U.S. and accessing company systems, while the accomplices received salaries and transferred funds overseas.The indictment mentions cryptocurrency as one of the means for transferring funds overseas. Trey Michael Nolte, a resident of Ohio, is listed as a co-conspirator but has not been charged in this case; the indictment states that in a conversation on July 8, 2024, he described managing transfers between bank accounts and virtual currencies using spreadsheets, subsequently transferring funds to the defendant Sun Sheng Ming;

Xie Jiayin: The peer-to-peer program has covered over 2.2 million people, with rewards totaling 3.49 million USD

Bitget held an offline event today to celebrate its eighth anniversary. The head of the Greater China region, Xie Jiayin, reflected on the platform's eight-year development journey, stating that Bitget has gradually expanded from a single cryptocurrency trading platform to a panoramic exchange (UEX) covering diverse scenarios such as stocks, commodities, and AI trading. As of the second quarter, the trading volume of non-cryptocurrency assets accounted for 40%, with approximately 1 in every 4 new users starting their Bitget journey through rToken.Looking towards the next phase, Xie Jiayin stated that Bitget will continue to advance the UEX strategy, expand more diverse assets and trading scenarios, and improve institutional-grade custody and over-the-counter settlement infrastructure to meet the differentiated needs of various types of institutions through diversified custody and settlement models. Institutional services will also continue to be an important strategic direction for Bitget in the next phase.At the event, Bitget simultaneously disclosed the progress of the third batch of rewards for the "Peer Program": a total of $3,495,658 in rewards has been distributed, benefiting 2,277,318 participants. Xie Jiayin expressed that the platform hopes to implement "user first" into concrete actions through product development, service upgrades, and user feedback.
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