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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.

According to Bitcoin Magazine, Franklin Templeton, with assets under management of $1.7 trillion, has completed the final regulatory procedure before listing two ETFs that convert stock dividends into Bitcoin.On October 22, the company submitted Form 8-A to the U.S. Securities and Exchange Commission to register shares of the Franklin US Equity Bitcoin DRIP Index ETF and the Franklin US Innovation Bitcoin DRIP Index ETF for trading on NASDAQ. The prospectus submitted on the same day indicates an effective date of October 27. These two funds were first filed in June of this year, with codes and fees not disclosed at that time.The stock fund code is FBEQ, which tracks the VettaFi US Large-Cap 500 Bitcoin DRIP Index. This index holds the 500 largest companies in the U.S. by market capitalization, weighted by free float. As of September 30, it actually held 499 stocks, with a concentration in the information technology sector. The fund's initial allocation is 95% stocks and 5% Bitcoin, with regular or special dividends distributed by companies being used to purchase Bitcoin at the opening of the next trading day after the ex-dividend date, increasing the Bitcoin allocation with each dividend payment.During quarterly rebalancing, any Bitcoin allocation exceeding 5% will be reduced to 4.5%; if the Bitcoin allocation exceeds 20% between two rebalancing periods, it will be brought down to 4.5% within two trading days, with the funds flowing back into stocks. The fund does not directly hold on-chain Bitcoin but gains exposure through Bitcoin exchange-traded products (including its own spot fund), futures and options, or depository receipts, with some achieved through a subsidiary in the Cayman Islands. The FBEQ fee is 0.09%, with no 12b-1 fees, managed by Franklin Advisory Services, and Franklin Templeton Institutional serves as a sub-advisor. The innovation fund employs the same mechanism, tracking the VettaFi US Innovation 100 Bitcoin DRIP Index, with components from the 100 largest non-financial companies listed on NASDAQ.Franklin Templeton had previously filed for a spot Bitcoin ETF in September 2023 and launched it in January 2024 under the code EZBC; in April of this year, it acquired 250 Digital and established an institutional digital asset department, Franklin Crypto. These two DRIP funds extend the strategy to investors who will not purchase Bitcoin on their own.

According to Catcher Predict monitoring, in the market prediction event "Dota 2 Team Liquid vs GamerLegion" on Polymarket, the "Yes" option win rate for the sub-market "Both sides defeat Roshan" has experienced significant fluctuations, soaring from 33.5% an hour ago to the current 50% (a fluctuation of 16.5%). Please note the impact of related breaking news.

The White House stated that Russia and Ukraine have agreed to temporarily halt all military actions in Oleshky to allow humanitarian aid to enter and to prepare for the evacuation of civilians through designated safe corridors.

Binance founder Zhao Changpeng stated, "I am often asked whether my entrepreneurial ideas are feasible, as if my opinion is that important. As long as the team's execution ability is strong enough, 99% of ideas are good.The problem is that 98% of teams cannot execute effectively. Therefore, there is no need to promote entrepreneurial ideas; just demonstrate execution ability."

Slow Fog released a threat intelligence report stating that they recently received user feedback about a GitHub repository named sol-live, which disguises itself as a Solidity interview practice project. However, it hides commands in the .vscode/settings.json file to download and execute remote scripts, which may trigger malicious payloads when users start the project with custom terminal configurations.Slow Fog's analysis shows that the related malicious payloads can collect browser login databases, wallet extension storage, and macOS Keychain files. They also have the capability to scan and upload local files, execute remote commands, provide interactive Shell access, and monitor the clipboard. In macOS and Linux environments, the malicious terminal configuration must be actively initiated by the user to execute; the attack chain on Windows has not been confirmed due to issues with quote handling.

According to Gate market data, U.S. semiconductor stocks rose broadly before the market opened, with SK Hynix up 5.5%, SanDisk up 2.8%, and Micron Technology up 2.62%.

The UK's Financial Conduct Authority (FCA) has launched two parallel consultations aimed at seeking industry input on the applicability boundaries of DeFi and its upcoming regulatory framework for crypto assets. Both consultations will close on November 18, 2026; the FCA plans to publish final guidance in January 2027 after reviewing feedback from various parties.The first consultation primarily targets FCA-regulated firms that use DeFi protocols or facilitate access to DeFi protocols. The guidance is not intended to introduce a new rulebook but aims to clarify how existing regulatory requirements should apply when firms provide services through highly automated, distributed ledger-based systems. The second consultation explores the scope of crypto asset regulation in the context of recent legislative changes (i.e., the "regulatory boundary").

According to the Science and Technology Innovation Board Daily, Nvidia CEO Jensen Huang stated during a media interview at the GTC conference in Berlin on Thursday that the likelihood of a memory supply surplus by 2029 is low. He mentioned that one great aspect of memory is that there is always more that can be used, and he noted that HBM will continue to be applied in the coming years.Jensen Huang also stated that Nvidia is the first company in the world to introduce LPDDR memory, used in mobile phones, into data centers, which doubles its energy efficiency compared to any current global solution, thus it will continue to use this type of memory extensively. He mentioned last Thursday that customer demand for AI chip orders continues to exceed the company's supply capacity, with new orders pouring in almost weekly, if not daily.In the past week, storage chip stocks faced sell-offs due to market concerns over supply surplus and weak demand. A well-known media outlet in South Korea published a column last week, citing two experts who predicted that by 2029, there will be a significant increase in semiconductor supply, and the storage chip market may turn into a red ocean. On Thursday, the Nasdaq Composite Index closed down 2.6%, at 26008.86 points; SanDisk fell 8.51%, SK Hynix fell 8.07%, Seagate Technology fell 7.86%, Western Digital fell 6.43%, and Micron Technology fell 6.23%.

According to the New York Post, citing informed sources, Matthew Modabber, who has served as the Chief Marketing Officer of the prediction market platform Polymarket since January 2024, has been fired. Previously, the company conducted an internal investigation into a series of events that raised public concern and worried investors.One of the issues involved Modabber's team being accused of creating fake webpages to promote staged videos, which showed users profiting from fake trades. This situation was exposed in a June report by the Wall Street Journal, which subsequently triggered an investigation by the U.S. CFTC. The investigation is still ongoing, and no violations have been determined yet.Informed sources stated that Modabber was a confidant of 28-year-old CEO Shayne Coplan, and during his tenure as an executive, he often made impulsive decisions that led the company into a public relations crisis. Polymarket is finalizing Modabber's departure agreement, and both parties are maintaining mutual respect during the process.

The White House announced that Trump invoked the Defense Production Act, listing oil exploration, production, and other activities as critical defense resources, and authorized the federal government to promote capacity expansion through procurement and funding support. Trump stated that limited financing and supply chain constraints made it difficult for businesses to meet demand, thus exempting certain requirements of the act to accelerate capacity expansion.

Bitcoin News posted on platform X that Strategy spent $22.1 million to purchase Bitcoin last week and spent $193.1 million to repurchase its own STRC preferred shares.From October 12 to 18, Strategy added 267 Bitcoins, with an average purchase price of $82,900; this round of funding came from the sale of 140,872 common shares, increasing its Bitcoin holdings to 848,517 coins. The Strategy board also raised the authorized amount for digital credit repurchases from $2 billion to $3 billion.

Blackstone Group President Jon Gray refuted billionaire Ken Griffin's claim a few days ago that there is a bubble in artificial intelligence (AI). Gray stated on Thursday, "When you think of a bubble, you think of building capacity first and then hoping for demand to appear.But in the AI field, you are building capacity while hoping to keep up with demand." He said this is a "completely different situation" compared to phenomena like the telecom bubble of the 1990s. He mentioned the AI consulting company Ode, which Blackstone co-founded with Anthropic. "We simply cannot keep up with customer demand," he said. "Demand is growing almost parabolically."

Domain infrastructure company D3 announced the launch of the Frontier Hyperliquid Vault, a membership program that provides participants with priority access to a new round of top-level internet domains. Nasdaq-listed Hyperion DeFi (NASDAQ: HYPD) is listed as the launch partner for the vault. D3 is a core contributor to the Doma Protocol and one of the few ICANN-accredited Web3 registrars, with investors including Paradigm.At the launch of the program, ICANN opened the second round of new top-level domain applications in internet history in August 2026, receiving over 1,600 applications covering suffixes such as .agent, .crypto, .wallet, .sol, .robot, and .hype is also included in this round of applications. The last expansion occurred in 2012, resulting in approximately 1,200 new top-level domains, which are now used by tens of millions of websites.The participation process is as follows: users deposit qualified assets with supported custodians on Solana and Hyperliquid to earn Frontier Points, and then gain priority in registering domain names by committing points before formal registration. As part of the initial commitment, Hyperion DeFi will receive a distribution of DOMA tokens in future potential token generation events based on incentive arrangements with the Doma Foundation. The Doma Protocol is a DNS-compatible blockchain aimed at tokenizing the domain market, which is valued at approximately $36 billion.

For the week ending October 10, the number of people continuing to claim unemployment benefits in the United States was 1.728 million, higher than the expected 1.72 million, and the previous value was 1.71 million.

According to Cointelegraph, Coinbase's European policy director Katie Harries wrote that the proposed cryptocurrency asset regulatory rules by the UK's Financial Conduct Authority (FCA) may require regulated platforms to execute customer orders only on trading venues authorized by the FCA, thereby restricting users' access to decentralized finance (DeFi) protocols through compliant platforms.Since decentralized protocols typically do not have entities that can apply for regulatory authorization, the relevant rules may lead to regulated platforms being unable to provide DeFi access services, effectively creating a ban. The related cryptocurrency regulatory system is expected to be implemented starting October 25, 2027.

According to Bloomberg, Amazon's threat intelligence team discovered that hackers attempted to exploit related vulnerabilities days before the public disclosure of two security vulnerabilities in PHP. After the vulnerabilities were disclosed on Wednesday, hacker activities further expanded. Amazon stated that the related vulnerabilities are being widely exploited but did not disclose specific victim information.Cybersecurity company Palo Alto Networks found that there are over 22.6 million exposed instances worldwide with related vulnerabilities. Wiz researchers estimate that the vulnerabilities could affect about 70% of the internet and have existed for over a decade, while Matt Hull, Vice President of Cyber Intelligence and Response at NCC Group, warned that some vulnerable systems may have already been compromised or even implanted with backdoors.