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According to a report by Forbes on Friday, the Internal Revenue Service (IRS) is preparing to reform its voluntary disclosure program, planning to reduce penalties and expedite the processing of tax violation cases, including those involving cryptocurrency.Jarod Koopman, head of the IRS Criminal Investigation Division, stated that the agency aims to launch the revised program before December and to close cases within 120 days after taxpayers complete the required submission process. He noted that the new plan will not establish a separate disclosure channel for digital assets but will apply the same voluntary disclosure procedures to other forms of tax noncompliance. Koopman also mentioned that the penalties under the revised program will be significantly lower than current levels, although he did not provide specific amounts. The IRS is considering allowing taxpayers to settle debts through installment payments or settlement offers.According to Forbes, the current program often takes a year or longer to complete and primarily targets taxpayers who intentionally fail to comply with tax laws and may face criminal prosecution, rather than those who make reporting errors due to negligence. Meanwhile, legislative efforts are advancing another voluntary disclosure program aimed at cryptocurrency taxpayers. Section 502 of the Digital Asset Taxation Certainty Act will establish a correction process with clear penalty standards for past violations, and the bill was passed by the House Ways and Means Committee in September.

The decentralized perpetual contract protocol Lighter announced the inclusion of weETH as collateral for perpetual contract trading on the platform. The platform calculates the trading margin based on 70% of the weETH index value, which sets a 30% discount on the collateral asset.At the same time, Lighter has set the maximum supply limit of weETH collateral across the platform to 1000 units. After the adjustment, users can use weETH as margin to open perpetual contract positions on Lighter.

According to Catcher Predict monitoring, the probability of the "Yes" option in the sub-market "Donovan Clingan: Points O/U 11.5" for the event "Trail Blazers vs. Kings" on the prediction market Polymarket has experienced a sharp fluctuation, rising from 29.5% an hour ago to the current 47% (a fluctuation of 17.5%). Please note the impact of related breaking news.

Cboe Clear U.S., a subsidiary of the Chicago Board Options Exchange (CBOE), has received approval from the U.S. Securities and Exchange Commission (SEC) to expand its clearing business scope.

Bankless co-founder David Hoffman posted that a batch of tokens he referred to as "Bitcoin clones from the 2017 era" has recently attracted market attention again.Among them, PRL rose 30% this week, with a fully diluted valuation (FDV) reaching $4.2 billion; QTC increased by 300% this month, achieving a valuation of $1.8 billion with a total supply of 21 million tokens. Interestingly, tokens with a fixed supply of 21 million have garnered billion-dollar valuations, which is quite noteworthy.

In October, the U.S. Consumer Confidence Index slightly declined to 48, nearing a historical low. The University of Michigan Consumer Survey indicated that the index fell from 48.1 in September to 48, below economists' forecast of 46.3.The current index is 10% lower than a year ago and 15% lower than in February, before the conflict in Iran.

Trader Killa posted that the next important cycle turning point for Bitcoin is expected to arrive in a few days. Based on his observations of price trends over the past 600 days, the previous 11 turning points all showed movements contrary to the mainstream market narrative.Currently, bearish sentiment in the market is still accumulating. If this pattern repeats, Bitcoin may rise against the trend by at least 5%. Killa also reminds that a significant fluctuation may not occur immediately after the turning point arrives, and he will focus on the price performance at that time.

On October 23, B.AI announced the domestic model brand Token weekly ranking from October 16 to 22: DeepSeek continues to lead, with Xiaomi MiMo closely following, with only a difference of 16.54 B Tokens. Xiaomi has seen growth for 4 consecutive weeks, and the platform Token usage ratio has increased by 8.13 percentage points.The competition in the mid-tier is heating up, with MiniMax experiencing a month-on-month increase of over 5,200%, becoming this week's growth dark horse. Qwen saw a month-on-month growth of 80.86%, narrowing the gap with the third-place Zai to 0.18%. Popular model discounts are ongoing: DeepSeek-V4.1-Flash-1017 enjoys a 40% discount, Qwen3.8-Flash enjoys a 20% discount, and GLM-5.3-Flash enjoys a 30% discount. B.AI continues to gather high-quality models, helping developers unlock diverse AI capabilities at low costs. Welcome to log in to b.ai to explore.

On October 22, TRON officially released GreatVoyage-v4.8.2.4 (Empedocles). This update focuses on enhancing the consistency and stability of operation execution in a few special scenarios, and further optimizes the storage of smart contracts and metadata processing logic in edge cases, which helps to improve the execution reliability of nodes in complex operating environments and the overall stability of the network.This version is a mandatory upgrade. TRON reminds relevant nodes to complete the update as soon as possible to avoid affecting block synchronization. For specific version changes and upgrade methods, please refer to the official version release notes and deployment documentation.

According to Digital Asset, the security platform OpenSourceMalware revealed in a program on October 21 that a North Korea-linked hacking group is using a technique called Contagious Interview, luring job seekers in the cryptocurrency industry through LinkedIn to invite them to visit private code repositories and install software packages required for development tasks.The attackers set up a .npmrc configuration file in the repository, causing npm to download dependencies from a specified external package repository instead of the public registry, which could potentially execute malicious code during the installation process and reduce the likelihood of being detected by public security scans. Paul McCarty, co-founder of OpenSourceMalware, stated that this type of technique has been observed recently among attackers. The specific number of victims, affected companies, or the amount of digital asset losses has not yet been disclosed.

The UK-listed company The Smarter Web Company, with the stock code SWC and a share price of 0.0219 USD, has purchased an additional 20 bitcoins, increasing its total holdings to 2850 bitcoins, ranking 30th among companies holding bitcoins.

On October 22, the Frontier Red Team of the artificial intelligence company Anthropic released research stating that large language models can automatically write formal proofs on a larger scale. The team collaborated with Theorem to use Claude to prove safety properties on over 100 real open-source libraries at the RISC-V assembly level, claiming this is the first known instance of using AI for large-scale formal verification of production software at the assembly level. During the proof-writing process, vulnerabilities that had gone undetected for years were also discovered.The experiment converted existing compilable fuzz tests from Google OSS-Fuzz into specifications: under assumptions of single-threaded static binaries, fixed memory budgets, RISC-V CPUs, and Linux, for any input less than 64 MB, the program should exit normally without triggering memory safety errors or assertion failures. Within weeks, Claude proved the aforementioned properties for 239 entry points in 123 OSS-Fuzz libraries after patching the identified issues. The proofs targeted compiled RISC-V instructions, approximately 180 million lines of Rocq, and were checked by the Rocq kernel. The page states that this does not mean these libraries are free of vulnerabilities, as remaining issues may lie outside trusted components or the scope of the proofs.The page also mentions that the team had Claude formalize RFC 1950 and proved that the zlib implementation in the Linux kernel conforms to that specification at the x86 binary level; an interpreter written in Rust covering a large subset of Python showed a 99.95% consistency with CPython behavior across over 1.7 million randomly generated programs. In 36 small verification tasks, Opus 5.5 proved that about half required approximately 40% fewer tokens than Opus 5. The team also pointed out that the proofs targeted single-threaded, statically linked RISC-V binaries, and the proof checker cannot determine whether the specifications align with reality.

The official account of Alibaba Cloud stated that the large model company Step Star has globally released its flagship open-source model Step 5 Preview, positioned as a primary working model for real-world intelligent agent tasks, excelling in AI programming, software engineering, professional knowledge work, and financial scenarios. The model has a total of 600 billion parameters and 27 billion active parameters, utilizing sparse MoE, with a maximum context window of 1 million, capable of processing text, images, and videos. The article mentions that it recently ranked second globally in both weekly and daily call volume on OpenRouter. On the day of the release, Alibaba Cloud announced the completion of DAY0 adaptation, optimized for joint inference based on chips, super node instances, and models, with inference computing power provided by the Lingjun super node.Step Star has developed its own intelligent agent reinforcement learning training platform, with the sandbox platform managed by Alibaba Cloud. The solution is based on Alibaba Cloud's Agent Sandbox and Kubernetes container service, aimed at elastic computing power in training mode, claiming to create tens of thousands of sandboxes in a single minute, with a maximum concurrency of up to one million, compatible with E2B API, and providing native Kubernetes interfaces. Through multi-level image caching, intelligent pre-scheduling, and control link optimization, it achieves millisecond-level application and minute-level creation of 30,000 sandboxes, with the sandbox lifecycle uniformly managed by Alibaba Cloud's backend.In terms of storage, each Pod starts with 15GB of free temporary storage, automatically increasing by 30GB each time when usage exceeds 70%, up to a maximum of 300GB. For security, MicroVM-level isolation is adopted by default, covering computing, networking, storage, and permissions, with zero-trust access to cloud products and large model interfaces. The results provided in the article include: a 90% reduction in image startup time, model evaluation cycles compressed from weekly to daily, and an average savings of about 40% on EBS storage costs; relying on ACK One Fleet, it can support the stable operation of hundreds of thousands of sandboxes simultaneously.

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.

Market research firm Counterpoint Research data shows that in the third quarter of 2026, major personal computer manufacturers experienced double-digit declines in sales, with HP down 31%, Dell down 25%, Lenovo down 23%, and Apple down 11%. The firm expects that personal computer shipments will decline by another 27% in the fourth quarter, with business demand being better than consumer demand, but not enough to offset the overall contraction.In terms of shipments, Lenovo shipped 15 million units, with a market share of 26.3%; HP shipped 10.3 million units; Dell shipped 7.6 million units; Apple shipped 5.6 million units, with a share of 9.8%, up from 8.7% in the same period last year, as the MacBook Neo alleviated the decline. ASUS saw a shipment decline of 7%.Counterpoint analyst Minsoo Kang stated that rising memory and component costs are pushing up system prices, causing consumers to delay upgrades. David Naranjo mentioned that the industry is undergoing structural adjustments, with component costs, system prices, and longer upgrade cycles reshaping the market. The report also stated that the increase in DRAM and NAND prices may slow down in the first half of 2027, and Micron indicated that the chip shortage may last until 2028.

According to South Korean media Digital Asset, the Second Division of the Seoul Administrative Court held its first hearing on October 22 regarding the administrative lawsuit between Bithumb and the Financial Intelligence Unit of Korea (FIU). The FIU determined that between August 28, 2022, and April 3, 2025, Bithumb conducted 45,772 transactions with 18 unreported cryptocurrency operators, and based on this, imposed sanctions, including a partial suspension that restricts new customers from transferring cryptocurrency assets externally for six months.Bithumb stated in court that transactions of 1 million won or more are subject to the "travel rule," and unreported operators have been excluded from the list of optional exchanges, thus the number of violations for this amount range is zero. Transactions below 1 million won were not subject to the travel rule at that time, and the platform had no legal basis to require customers to provide information about the receiving exchange, nor did the regulatory authorities specify a blocking method. Bithumb also mentioned that after integrating the Chainalysis API, only about 2% of the addresses that could not be confirmed were later identified as unreported operators designated by the FIU. If all were blocked, the remaining 98% of normal transactions would be affected, and the platform could also face user claims.Bithumb also believes that the six-month sanction is excessive, effectively equivalent to prohibiting the platform from acquiring new customers. The company also questioned the FIU's criteria for identifying overseas operators and the reasonableness of the basis for the sanctions.

Bitcoin core developer Antoine Poinsot announced an adjustment to the security vulnerability disclosure policy in the Bitcoin development mailing list. He stated that in the past, vulnerabilities were often kept secret for a long time to allow users to complete upgrades before details were made public, but this also led to fixes not being backported to older versions, requiring users to wait for the next major release. Poinsot pointed out that large language models make some vulnerabilities very easy to rediscover, and the protection that continued delays in fixing can provide is now quite limited.According to the new policy, vulnerabilities deemed "easy to discover" will be fixed as soon as possible in all maintained major versions, with security announcements released simultaneously. This classification applies to vulnerabilities that can be discovered with minimal effort, such as through simple LLM prompts. Other vulnerabilities will still follow the disclosure timeline based on severity: low-severity vulnerabilities will be disclosed two weeks after the major release containing the fix; medium to high-severity vulnerabilities will be disclosed two weeks after the last affected version reaches its end of life (usually one year after the fix is released in a new major version). Critical vulnerabilities are not covered by the standard policy and may require ad hoc procedures.Bitcoin ecosystem security researcher Luke de Wolf stated that he previously disagreed with Poinsot's security strategy but believes this update is a good adjustment. In August of this year, the volunteer-based Bitcoin Red Team reported nearly 5,000 potential issues across 390 projects, with only about one-fifth being reproducible at that time. In the same month, Core Lightning developers urged operators to upgrade or take nodes offline after receiving multiple AI-generated vulnerability reports, while keeping technical details confidential for two weeks.

According to the Korea Herald, global investment bank Barclays plans to cut 5,000 jobs, about 5% of the company's total positions, while expanding the application of artificial intelligence. This includes 1,000 positions already cut in the first half of this year, with 60% of the layoffs coming from support departments such as developers. Barclays CEO Venkat Krishnamurthy stated in a conference call that the company will apply AI on a large scale, and said, "AI is not the cake, but the frosting on the cake."Previously, Barclays announced a cost-cutting plan in February, but some investors reacted negatively to the scale of costs shown in its semi-annual report. Among peers, HSBC is considering cutting up to 20,000 jobs over the next few years, while Standard Chartered plans to reduce support department positions by more than 15% by 2030.