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Flash

first_img American financial tycoon Don Wilson questions Hyperliquid's information priority, position transparency, and six other core issues

The founder and CEO of trading company DRW, Don Wilson, published an article raising several questions about the New York Stock Exchange's parent company's push to introduce the decentralized perpetual contract platform Hyperliquid to the U.S. market. He also expressed gratitude to CFTC Chairman Selig and the Trump administration for making such experiments possible and stated that only the market can determine whether an arrangement is useful.Don Wilson: What are the benefits of trading perpetual contracts on a regulated exchange in an on-chain manner? He believes the main advantage of on-chain trading is the reduction of friction in a trustless, identity-verification-free environment, or receiving the purchased assets in real-time through atomic transactions; however, perpetual contracts themselves are not assets, so the latter benefit does not apply.He also specifically mentioned Stan Druckenmiller, asking whether he is aware that positions and transactions on Hyperliquid can be tracked in real-time and whether he sees this as an advantage. Additionally, he noted that Hyperliquid's priority fee mechanism allows participants to pay to see information earlier or to move their orders ahead in the queue, and he inquired whether this aligns with CFTC core principles.Don Wilson further asked whether the liquidity of offshore order books can be merged with onshore order books; if not, whether listing perpetual contracts on regulated exchanges using traditional centralized order books is preferable to bearing the inefficiencies brought by on-chain matching.Previously, Intercontinental Exchange (ICE) and trade[XYZ] announced plans to deploy a perpetual contract market covering crypto assets, stocks, commodities, foreign exchange, and other physical assets for U.S. traders based on Hyperliquid infrastructure, pending regulatory approval, with ICE operating the regulated market and clearing framework.

State Administration of Foreign Exchange: Strictly crack down on illegal cross-border financial activities

On October 30, 2026, Zhu Hexin, Secretary of the Party Leadership Group and Director of the State Administration of Foreign Exchange, presided over a Party Leadership Group meeting to convey and study General Secretary Xi Jinping's important speech at the Fifth Plenary Session of the 20th Central Committee of the Communist Party and the spirit of the plenary session, and to research and deploy the implementation work. Members of the Party Leadership Group of the State Administration of Foreign Exchange attended the meeting.The meeting required resolute implementation of the major decisions and deployments of the Party Central Committee. It emphasized the serious implementation of the "14th Five-Year Plan" requirements, improving a more convenient, open, secure, and intelligent foreign exchange management system and mechanism, promoting deep-level reforms and high-level openness in the foreign exchange field, effectively managing the "five major tasks" of finance, maintaining the stability of the foreign exchange market and the national economic and financial security, severely cracking down on illegal cross-border financial activities, strengthening the capacity building for foreign exchange reserve management, and effectively following the path of financial development with Chinese characteristics.

first_img DeepSeek official website code exposed Cyber cybersecurity model, divided into enterprise and personal versions

IT Home reported on October 30 that developers discovered application entry points and interface logic related to the Cyber cybersecurity model in the front-end code of the DeepSeek official website. The application page route points to /usage/model-application and has a feature gate switch set; accounts without permission will be redirected back to the usage page when accessed. The code also includes interfaces related to Cyber Key creation and quota management.The models in the code are identified as cyber-personal-v3 and cyber-enterprise-v4. The personal version is aimed at individual security practitioners, requiring the submission of ID information and completion of facial verification; the enterprise version is aimed at corporate entities, requiring not only real-name materials but also a business license and authorization letter. Common thresholds for both channels include that the account has completed real-name verification and is in normal status, registered in mainland China and bound to a mainland mobile number, and has no violation records in the past 90 days.The application process involves filling out an application form and submitting it for review. After passing the review, a Cyber Key is created. Currently, this entry point does not appear in the public menu of DeepSeek and is in a gray testing state. Some users have reported that only accounts covered by the gray test can see the relevant sections on the usage page, and when permissions are granted, the "DeepSeek Flash Cyber Cybersecurity Dedicated API" area will be displayed. As of the time of reporting, DeepSeek has not yet released an official announcement regarding this model; the information comes from observations of the official website's JavaScript code and feedback from gray test users.

Interlace and X-Agent have reached a collaboration to explore new scenarios for AI Agent payments and social interactions with a Halloween theme

The stablecoin infrastructure platform Interlace officially announced its ecological cooperation with the AI Agent platform X-Agent. The two parties will explore cooperation around AI Agents, stablecoin payments, and Web3 financial applications, promoting the deep integration of payment infrastructure and AI Agent application scenarios.As the first landing scenario of the cooperation, Interlace will participate in the Halloween-themed event "The Great Treat Hunt 2026" initiated by X-Agent, and collaborate with multiple ecological partners to explore innovative applications of AI Agents and Agentic Payment through community interaction and online AMAs. The event will be held from October 30 to November 6.X-Agent is committed to connecting Web3 social networks with autonomous AI Agents, supporting users in creating and deploying agents through natural language, with over 1 million certified users globally. Interlace focuses on issuing card infrastructure, helping exchanges, wallets, fintech platforms, and financial institutions quickly launch their own branded card projects through API and white-label solutions, with a cumulative issuance of over 10 million cards.In the future, both parties will continue to explore the collaborative scenarios of AI Agents and stablecoin payments, promoting the innovative development of autonomous interaction, automated settlement, and the Agent Economy.
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