takes

According to The Block, Meta has begun internal testing of a prediction market application called Takes, where users can use points instead of real money to predict event outcomes.According to insiders, the application uses points called cred, and users earn points for correct predictions while losing points for incorrect ones. The project was previously revealed under the name Arena, and Meta CEO Mark Zuckerberg had asked employees to develop an independent prediction market application. Meta did not comment on the timeline for a public launch.

Boston Federal Reserve President Collins hinted on Friday that tightening monetary policy may be necessary to cool down prices. In a speech focused on the housing market, Collins stated that higher interest rates could limit housing affordability. However, she also added that ensuring price stability in the long run would benefit both the housing market and the overall economy."In the short term, higher interest rates that may be needed to cool the economy and control inflation can sometimes make the costs of buying and building homes higher," Collins stated in her speech, "but in the long run, stable prices can create a predictable economic environment, which is beneficial for the housing market."

According to a report by Sina Finance, this summer, Nvidia founder Jensen Huang convened a meeting with core financial executives to assess the risks associated with providing billions of dollars in guarantees to companies that cannot afford chips. During the meeting, Huang harshly criticized the interim CEO Colette Kress, who has taken over the leadership of Nvidia.An insider stated that when Kress was reporting, Huang interrupted her, saying she looked like "a deer caught in headlights," and commented that she was merely a "CFO focused on accounting," unable to help define strategy or make critical decisions. The report indicated that many related transactions were led by Huang's son-in-law Nico Caprez, aimed at providing financing to emerging cloud vendors and data center developers in exchange for long-term chip customers. After initiating a round of large-scale transaction expansion, Huang himself began to question whether the steps taken were too large. The meeting took place in August.

Regarding the infidelity incident of NVIDIA CEO Jensen Huang, the American elite circle represented by Elon Musk and Bill Ackman has published statements supporting his responsible attitude and advocating for tolerance towards Huang's personal mistakes.Musk retweeted and agreed with the views of Sequoia Capital partner Shaun Maguire. Shaun Maguire stated that Huang is one of the greatest entrepreneurs of our time, that he did something extremely foolish, but speculated that there was no malice, and that two wrongs do not make a right, believing that Jensen's leadership in American artificial intelligence is irreplaceable.Bill Ackman posted that Huang is an amazing person, and even amazing people make mistakes; he should take full responsibility, and he has done so, and all parties should support him and his family. Trump also stated that NVIDIA CEO Jensen Huang is a good person who has made outstanding contributions to the United States, believing that Huang should continue to serve as CEO of NVIDIA.

Analyst qinbafrank published an interpretation of the impact if anti-crypto Senator Elizabeth Warren were to become the chair of the Senate Banking Committee. Warren has consistently advocated for embedding anti-money laundering obligations deeply into wallets, miners, and validators, preventing banks from bringing crypto risks into the traditional lending and borrowing system, and opposing the use of tokenization to circumvent securities laws. Warren is likely to push for a stricter legislative agenda, but she will face significant resistance in actual implementation.The comprehensive tightening of crypto regulation bills will still be limited by the 60-vote filibuster threshold, and even if both chambers pass them, Trump can still exercise veto power. Therefore, hardline proposals lacking significant compromise are unlikely to directly become law. However, Warren could escalate Trump's scrutiny of crypto businesses into ongoing investigations and initiate intensive hearings targeting the SEC, CFTC, and crypto companies. While this does not equate to criminal convictions, it would significantly impact market sentiment.At the administrative regulatory level, for the next two years, the chairs of the SEC and CFTC will still be held by Republicans, who can continue to advance crypto policies within their existing statutory authority (such as the September tokenized stock trading exemption and the recent derivatives framework request for comments). Warren's oversight cannot automatically invalidate these policies, but it may slow down the process or narrow the scope of exemptions. At the same time, she can use her committee powers to obstruct Trump's nominations for regulatory agency commissioners. Analysts conclude that although hearings and investigations will bring greater pressure, the crypto regulatory environment in the next two years is unlikely to be stricter than during the period of full Democratic control from 2023 to 2024.

Former Fidelity investment fund manager George Noble warned on social media on Thursday that Nvidia is heading down a path similar to the collapse of the internet bubble by supporting customers who purchase its artificial intelligence hardware.Noble pointed out that Nvidia currently has a weight of about 8% in the S&P 500 index, which is twice the weight that Cisco held at the peak of the internet bubble in 2000. He believes that this semiconductor giant is repeating the same mistakes and falling into the exact trap that severely impacted Cisco over twenty years ago.

On November 4, the head of the Binance Chinese community, Sisi, responded to the security incident at the end of October, stating that approximately $6.3 billion was transferred out of the Binance system, and the responsibility lies with Binance, not with any individual engineer or technical standard. She stated that the related losses would be compensated by the platform, and users could verify themselves on the reserve proof page; the frozen and intercepted portions would be recovered one by one in cooperation with law enforcement and on-chain institutions.Sisi mentioned that after the withdrawal was reopened, the platform focused on ensuring that every withdrawal was processed. She stated that the scale of withdrawals in the past two days was on the same level as the stolen amount, and every transaction had been fulfilled, with user assets remaining intact; the platform did not misappropriate user assets. She also stated that the company's decision-making body requested that the investigation report be unembellished and truthfully disclosed, with timelines, attack paths, malicious script operations, and internal shortcomings all included in the report.Sisi cited an FBI report stating that the adversary was a nation-state actor, and since the beginning of this year, Binance had intercepted 57 suspected attacks from the same source. She indicated that all intrusion points mentioned in the report had been blocked; as of November 3, the affected wallet system had been rebuilt in a new environment, internal AI tools had been rebuilt and permissions tightened, affected devices had been replaced, relevant credentials and tokens had been invalidated, and a comprehensive device security scan and wallet risk control upgrade had been completed. She also mentioned that some defensive lines would not be made public and that an independent third-party security agency had been hired for review, with the conclusions to be announced externally. Binance's preliminary investigation previously indicated that the incident involved assets of approximately $6.34 billion, with about $2.85 billion frozen or intercepted, and the losses would be borne by the platform.

The proposal number 108 of the TRON network has been officially approved and is now in effect. The smart contract storage operation optimization introduced in version GreatVoyage-v4.8.2.4 (Empedocles) is now synchronized and enabled. This update further optimizes contract storage-related operations, helping to improve processing consistency and stability in relevant execution scenarios.With the official implementation of proposal number 108, the TRON network has further enhanced contract execution stability and node operation reliability, providing developers and ecological applications with a more stable underlying operating environment.

TRON DeFi Summer announces the latest arrangements for S3: the event will officially launch on October 4 at 08:00 (SGT) and will last for 60 days, with a total prize pool of 2 million USD, including a TRX pool of 1 million USD, a USDD pool of 600,000 USD, a JST pool of 300,000 USD, and a SUN pool of 100,000 USD.Users can enter JustLend DAO through Binance Wallet DeFi to participate in the Boosted APR incentives. Users who participated in S2 do not need to reapply; simply maintaining their holdings will automatically extend their eligibility for S3 rewards. New users can prepare their assets in advance to join as soon as it opens. More S3 gameplay will be announced soon.

Vitalik posted on the X platform stating that synchronizing an Ethereum node now takes only half a day at the fastest, with aggressive settings allowing disk space usage to be below 0.5 TB.EIP-4444 and the client teams' optimizations for snapshot synchronization have significantly improved the synchronization situation. Glamsterdam will further enhance node synchronization, for example, the new synchronization protocol of Nimbus will adopt relevant improvements.

"BTC OG Insider Whale" agent Garrett Jin released a market perspective stating that Bitcoin bulls are currently in an unfavorable position, with BTC continuing to hover above $76,500.Garrett Jin expressed that he is not optimistic about the current prolonged bottoming market, believing that the longer the consolidation period, the more likely BTC is to break below the $76,500 support and further seek lower support levels, rather than immediately reversing.He pointed out that if Bitcoin wants to show a stronger trend again, it needs to at least regain and maintain above $78,300.

B.AI announced that the limited-time free trial of GLM-5.3-Flash is coming to an end. A special offer with a 90% discount will seamlessly take over starting from September 12 at 10:00 (SGT), where users only need to pay 10% of the original price, saving 90% directly, with input as low as $0.015/M and output as low as $0.05/M. As a native multimodal large model, GLM-5.3-Flash has a total of 320 billion parameters and 18 billion active parameters, combining sparse and linear attention mixed architecture with 1 million ultra-long context, performing strongly in scenarios such as programming development, agents, long context processing, and high-frequency API workloads. B.AI consistently practices the vision of universal computing power, adhering to low-threshold access, and is committed to allowing every developer to use top-tier computing power without burden at a highly competitive price, bidding farewell to high costs and accelerating innovation implementation.

Zora co-founder Dee Goens has taken over as CEO, succeeding co-founder Jacob Horne, who held the position for over six years. Goens stated in a post on Wednesday that Horne will leave the company to embark on a new chapter but "won't stray too far from crypto." Goens revealed that Zora has conducted layoffs this year, reducing the team size to fewer than 10 people, and is shifting towards a more AI-driven operational model.On the product front, Zora has shifted its focus from the Creator Coins model launched on Base last June to supporting trading pairs on other networks. The Custom Pairs feature, launched on August 20, allows users to customize token trading pairs, with over 4,000 created so far. Zora also expanded to Robinhood Chain and Solana this summer, supporting cross-chain trading and eliminating fees for direct messages and comments. According to DefiLlama data, Zora recorded only $14,800 in fees deployed on Base in August, a 99.4% drop from $2.51 million in the same period last year.Goens outlined five key priorities, with the top priority being to align the business with the interests of ZORA token holders through the implementation of buyback and reward mechanisms, though he did not disclose specific scales, sources of funds, or timelines. The remaining priorities include rebuilding community trust, focusing on mobile app user acquisition, and restarting community incentive distribution. As of the time of publication, ZORA is priced at $0.00814, with a market cap of approximately $36.3 million, down 94.4% from its historical high of $0.1456 reached on August 11.

Brazilian banks are expanding their cryptocurrency services for customers. According to Folha de S.Paulo, Brazil's largest asset management bank, Itaú, now offers 15 types of cryptocurrencies, including Bitcoin, Ethereum, and the US dollar stablecoin USDC, through its investment app. Brazil's largest fintech company, Nubank, has listed 28 types, and Banco do Brasil, the most profitable state-owned bank in Brazil, has seen transaction volumes exceed 11 million reais (approximately 2.1 million USD) since launching direct purchase services for Bitcoin and Ethereum in January of this year.However, customer cryptocurrency transactions have not entered the banks' balance sheets. A document from the central bank dated March 2026 shows that Brazilian banks hold zero virtual assets on their books. Over the past year, Itaú, Bradesco, Santander, Banco do Brasil, and Nubank have all expanded their cryptocurrency product lines, while the Brazilian cryptocurrency market has also reached record sizes. According to data from the Brazilian Federal Revenue Service, Receita Federal, Brazilians transferred 505.5 billion reais (approximately 98.7 billion USD) through cryptocurrencies in 2025, more than five times that of 2020, with corporate transactions accounting for 98.3%.This move by banks coincides with the implementation of regulations. In 2022, Brazil passed the "Virtual Asset Legal Framework," granting regulatory authority to the central bank. Three resolutions issued in November 2025 require any institution allowing customers to trade, hold, or send cryptocurrencies to obtain a license, meet minimum capital requirements, and segregate customer accounts, with a compliance deadline of October 30, 2026.

On September 3, the B.AI platform DeepSeek-V4-Flash and DeepSeek-V4-Flash-Vision-Exp discount officially took effect. The platform adds a 50% discount on top of the DeepSeek official peak and valley pricing mechanism, with peak hours at 50% of the official price and off-peak hours as low as 25% of the official peak price.At the same time, the models GLM-5.3-Flash, Qwen3.8-Flash, Hy3, and MiMo V2.5 remain 100% free to access.

Berkshire Hathaway CEO Greg Abel stated in an interview with CNBC that the company plans to hold its stakes in Japan's five major trading companies as a long-term investment, expecting to hold them for decades. Currently, Berkshire holds over 10% of shares in each of the five major trading companies and is continuously exploring other cooperation opportunities in Japan and overseas with these enterprises. Abel also mentioned that despite the 10-year Japanese government bond yield rising to about 3%, the five major trading companies do not view the rise in interest rates as a fundamental challenge, and Berkshire still plans to issue yen bonds as needed.Regarding AI investments, Abel stated that the rapid development of artificial intelligence and the practical applications of AI by Berkshire's subsidiaries are among the important reasons for the company's optimism about Alphabet. On the construction of AI data centers, he believes that energy supply and related infrastructure development remain major constraints, which also presents significant opportunities for Berkshire and Berkshire Energy. Abel pointed out that the company is willing to provide energy services for large tech companies' data centers, but on the condition that it does not harm the interests of other customers and should bring net benefits to the local community.In terms of the U.S. housing market, Abel stated that Berkshire takes a long-term view of the housing industry, believing that the "American Dream" will continue, but there will not be a rapid recovery in the short term, and the industry may still face fluctuations for some time. Regarding the overall economy, he noted that most of Berkshire's large businesses performed strongly as of the second quarter, with demand still robust, but American consumers are under significant pressure and need to be more cautious in managing their income; overall, the economic fundamentals that Berkshire currently sees remain "very strong."

The proposal No. 107 of the TRON mainnet has been officially approved and is in effect, with the TVM Prague and Osaka compatibility features introduced in GreatVoyage-v4.8.2 being enabled simultaneously.This update supports reading historical block hashes directly from the on-chain state, adds the CLZ instruction, and natively supports Passkey verification with the secp256r1 precompiled contract, while optimizing MODEXP energy consumption. With the launch of these related features, the compatibility of TVM with Ethereum Prague and Osaka upgrades has been further enhanced, providing a more complete development environment for smart contract development, tool migration, and EVM ecosystem application adaptation.

According to on-chain analyst Ai Yi's monitoring, the entity associated with bit (0x6c8...d84f6) has taken profits for the first time in four months, reducing its position by 38,000 ETH and realizing a profit of 9.407 million USD.Currently, four addresses still hold a long position of 82,000 ETH, with unrealized profits exceeding 20 million USD.

According to Onchain Lens monitoring, the wallet related to a16z (0xb5E...c24e) has unstaked and transferred 89,470 HYPE to Wintermute a few minutes ago, worth approximately 6.6 million dollars, possibly for sale.