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The CEO of Taiwan Semiconductor Manufacturing Company (TSM.N) stated that TSMC has discussed capacity cooperation with Terafab, a company under Elon Musk.

The perpetual contract platform StandX announced a one-time DUSD airdrop to the community, where users can claim the full amount with no lock-up. The distribution criteria include pre-deposits, Alpha, mainnet trading, market making, and referral activities. All amounts must pass anti-whale and volume manipulation checks, and amounts for abnormal accounts may be adjusted or canceled. StandX also stated that it has decided not to issue tokens, and the airdrop funds come from the project's remaining income and additional contributions from the team.StandX stated that after the mainnet goes live in November 2025, it has served over 237,000 users, with a peak TVL exceeding $200 million, and no security incidents have occurred during its operation. Airdrop inquiries will open on October 26 at 00:00 (UTC), with the claiming period from November 1 at 00:00 to December 31 at 08:00 (UTC). Claims not made within this period will be considered forfeited. Users must use the BNB Chain or Solana wallet address used on StandX to claim.StandX also announced that it will gradually cease operations after assessing business and market conditions. From October 15, all types of earnings will stop, and new deposits to the treasury will be closed. From October 20, perpetual contracts will enter a mode of only reducing positions. All remaining positions will be liquidated at the marked price on January 15, 2027, and January 31, 2027, will be the deadline for DUSD redemption and asset withdrawal. The official reminder is to claim the airdrop only through standx.com.

According to official news, the London-listed technology company The Smarter Web Company increased its holdings by 83 bitcoins, bringing its total holdings to 2,830 bitcoins.

The Financial Services Commission (FSC) of South Korea stated that after investigating 16 companies (including cryptocurrency exchanges) involved in a previous security incident, it plans to implement stricter cybersecurity requirements for financial institutions. The agency noted that in an industry review covering 555 financial companies, 130 companies were found to have cybersecurity deficiencies, with approximately 100,000 pieces of customer information leaked, including names, contact details, and identification numbers.Affected companies include Streami, the operator of Gopax, and the cryptocurrency trading platform Prabang, which previously disclosed that a hacking incident on October 2 led to the leakage of some customers' personal information. The FSC indicated that it is still investigating whether these incidents involved the use of artificial intelligence or if they are related to the same group of attackers.According to the proposed reforms, larger financial institutions will undergo vulnerability assessments at least twice a year. The regulatory agency also plans to improve the information-sharing system and is considering using artificial intelligence for security monitoring of small businesses. Additionally, the FSC is considering allowing supplementary cybersecurity inspections outside of the regular assessment schedule in the event of an urgent threat to prevent similar incidents from occurring in the future.

CK Hutchison Holdings issued a statement regarding market rumors of "Li Ka-shing's death." The statement said that on that day, some media outlets reprinted false claims from mainland self-media stating that Hong Kong's "Ta Kung Pao" reported the death of CK Hutchison's senior advisor Li Ka-shing. "The Group hereby solemnly declares that 'this is absolutely untrue,'" and strongly condemns the self-media for fabricating false news.

According to a recent report by AlphaWire, Edwin Cheung, Executive Director of Gate, stated in an interview during TOKEN2049 Singapore that the payment business will become an important growth direction for Gate, serving individuals and corporate users with daily fund transfer needs.On October 7, Gate officially launched Gate Money, allowing users to open a global electronic bank account in their own name through the Gate App, and as services gradually open, it will accept payments in over 60 local currencies, connecting digital assets with everyday financial scenarios. Edwin Cheung pointed out that stablecoins can reduce the number of intermediary banks in cross-border transfers and enhance the transparency of fund flows. In the future, it will coexist long-term with traditional bank transfers, instant payments, and QR code payments, and will play a greater role in cross-currency payments as services develop in Europe, Asia, and the Middle East. Gate Money integrates functions of fiat currency, digital assets, stocks, ETFs, and gold, providing integrated financial services.Regarding institutional business and security, he mentioned that institutional investors remain highly concerned about liquidity and counterparty risk. Gate offers an OES over-the-counter settlement solution, allowing institutional clients' assets to be retained in third-party custodians while still utilizing Gate's liquidity and trading services, and enhancing transparency with reserve proof. He emphasized that user trust is crucial, and Gate's compliance qualifications, risk control system, and cooperation with various market regulatory agencies are key to the sustainable development of the business.

Vitalik posted on the X platform to congratulate the @zksync Airbender team for achieving this milestone. He believes that the speed competition of zkEVMs has achieved a decisive victory, and the primary focus should shift entirely to security.Vitalik stated that this means there is a need to formally verify the equivalence of arithmetic and Ethereum specifications, the hard upper limit of the ratio of prover costs to total block Gas, and the security of the proof system itself.

During the promotion of the GENIUS Act by former White House crypto advisor Bo Hines, the consulting firm Nxum, which he co-founded and holds shares in, established a business relationship with Tether. Tether paid over 6 million dollars to Nxum, with the related funds distributed among three partners.Although Hines has exited the daily operations of Nxum, he continued to discuss the act with partners via Signal during his tenure. After the GENIUS Act was signed into law in July 2025, Hines left in August and was appointed CEO of Tether's U.S. stablecoin business in September, raising questions about potential conflicts of interest.

According to Lookonchain monitoring, "Brother Magi" Huang Licheng has been completely liquidated. Over the past 4 months, he turned $56,000 into $12.25 million through trading, but has now fallen back to $21,800.

AI financial software Fragment announced on Wednesday the completion of a $12 million Series A funding round. This round is set to close in mid-2025, led by FirstMark and BoxGroup. The company's CEO Thomas Neckel did not disclose the post-round valuation.Fragment was founded by Thomas Neckel, with co-founder and CTO being former Robinhood engineer Varun Mohan. Developers can integrate Fragment into their own software, which uses double-entry bookkeeping to verify the sources and uses of funds, confirming account balances before funds move. Neckel stated that the product is a financial building block for automating business activities for agents.The company previously completed a $11 million seed round led by Stripe, with participants including BoxGroup, as well as Uber CEO Dara Khosrowshahi and Plaid CEO Zach Perret. Fragment claims to currently have about 50 to 60 paying customers, including Ramp, BILL, and Whop, for sharing transaction records and reducing manual reconciliation. FirstMark managing partner Adam Nelson stated that the goal is to become the standard toolkit for providing financial capabilities to agents.

Cryptocurrency trading platform Coinbase announced its participation in Tech Against Scams and is collaborating with the UK's National Crime Agency, the U.S. Department of Justice Scam Center Strike Force, and international law enforcement partners to launch a joint crackdown week in London from October 6 to 9, sharing intelligence in real-time and coordinating actions against West African criminal scam networks.Coinbase stated that the relevant scam networks operate across platforms, seeking potential victims through social media, establishing trust via instant messaging, and using digital infrastructure and financial services to transfer illicit funds. As law enforcement and the industry intensify their crackdown on Southeast Asian scam hubs, criminal networks are expanding to other regions, including West Africa. This operation is hosted by the UK's National Crime Agency, bringing together technology, telecommunications, and financial companies to target the infrastructure, accounts, and payment systems that support scams.Coinbase Vice President Leah Bressack: The earlier crackdown on Southeast Asian scam hubs this year proved that coordinated actions between the industry and law enforcement are effective; as criminal networks attempt to rebuild in Africa, Coinbase's global intelligence team is tracking funds, freezing assets, and sharing intelligence in real-time. The tactics targeted include fraudulent cryptocurrency investment scams, impersonating law enforcement officials, and using fake video calls to carry out "arrests" to pressure transfers. Coinbase stated it will continue to collaborate with Tech Against Scams and law enforcement partners.

The smart trading system Instinct, supported by Y Combinator, is officially launched. This platform aims to open the research and trading capabilities of professional investment institutions to individual traders.The Instinct team members come from organizations such as Squarepoint Capital, the European Particle Physics Laboratory, and the Quantum Computing Center at the University of Southern California. The platform integrates fragmented financial tools and information links through independently operating intelligent agents, capable of processing massive amounts of market data, information, and market sentiment in parallel, automatically discovering cross-market opportunities, building trading tools, and executing trades.With this system, individual traders can cover more niche and specialized investment scenarios, achieving more flexible strategy layouts.Officials believe that the future investment model will shift to individual traders operating in conjunction with AI agent teams, and it is anticipated that within two years, there may emerge single-person investment institutions managing up to 1 billion dollars.

X user Irene Patrikios (@crypto_irene) announced that she has been appointed as the Chief Business Officer of the fully homomorphic encryption company Zama. She stated that she has been working in the cryptocurrency industry for nearly 12 years and believes that blockchain requires institutions, enterprises, and individuals to publicly operate financial activities, a gap that has long existed and is difficult to support large-scale funds on-chain. She joined the company in November 2025, before the launch of the Zama mainnet, and stated that confidentiality is the infrastructure that enables institutions holding global capital to truly go on-chain, and Zama is providing this capability.Irene Patrikios also mentioned that over the past year, Zama's business team has reached collaborations with several major participants to launch confidential DeFi and establish a business pipeline. Zama's CEO Rand Hindi and the board are increasing support for the next phase of the team's development. She expressed her gratitude to Rand Hindi, the board, and the Zama team.

Iambic Therapeutics, in which NVIDIA has a stake, completed its initial public offering in the United States, raising $150 million, with an issue price of $16 per share, issuing approximately 9.38 million shares.The company's market capitalization reached $758 million, and the funds raised will be used to advance three early-stage cancer drugs.

According to Axios, senior advisors to Ukrainian President Zelensky communicated with White House officials to inquire whether a decision had been made to cut off "Starlink" services and to discuss solutions. The Ukrainian side also had similar communications with the CIA and the Pentagon. White House officials stated that they could not control SpaceX, and the Trump administration would contact SpaceX to understand the situation.

According to Catcher Predict monitoring, in the market prediction event "India vs West Indies T20 Series" on Polymarket, the probability of the "Yes" option in the sub-market "Match Completed" has experienced a sharp fluctuation, soaring from 50% an hour ago to the current 90.5% (a fluctuation of 40.5%). Please note the impact of related breaking news.

The on-chain data analysis platform Bubblemaps accused that wallets associated with Anglio traded in advance before recommendations were published on Pump.fun, estimating a profit of about $50,000 from trades and approximately $80,000 in recommendation rewards. Bubblemaps presents the relationships between on-chain wallets through visual bubble charts, used to identify the connections between token holders and the flow of funds.This accusation points to the recommendation behavior on Pump.fun, where certain accounts built positions before the tokens were publicly recommended. Meanwhile, Pump.fun is shifting its reward payment mechanism to focus on the earnings of followers, distributing rewards based on the returns of followers.

According to CoinDesk, based on the report "Inside North America's $3 trillion crypto economy: Agentic commerce accelerates" released by Chainalysis, AI agents have completed over 138 million transactions through the x402 payment protocol incubated on the Base blockchain via Coinbase, using cryptocurrency to purchase data, computing power, and access to AI models.The report indicates that in geographically identifiable AI model inference payments, wallets associated with the United States account for 88.1%, while wallets associated with China only account for 0.1%. Eric Jardine, the research director at Chainalysis, stated that one possible explanation is that Chinese developers are more inclined to use open-weight models like DeepSeek and Qwen, thereby reducing the demand for pay-per-use inference services.Chinese-associated wallets exhibit different activity patterns, accounting for about 90% of geographically identifiable payments for security and code analysis services, with most of the flow directed towards the AI smart contract auditing platform AgentLisa.Jardine also cautioned that this gap should not be interpreted as open-source AI weakening the on-chain inference market in Asia. Currently, payment giants such as Visa, Mastercard, and Stripe have supported the x402 protocol, and Coinbase has also begun allowing enterprise clients to accept AI agent payments.

Confido Health has completed a total of $22.5 million in Series A financing, including a $12.5 million extension round led by z47_vc. The funds will be used to build an AI entity that connects patients, healthcare providers, insurance companies, and pharmacies, automating processes such as appointments, insurance, referrals, and prescriptions.The data cited indicates that the annual healthcare labor expenditure in the United States exceeds $800 billion, and healthcare IT expenditure exceeds $200 billion. By 2030, the shortage of healthcare personnel could reach 3 million.