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first_img The U.S. Department of Homeland Security requires civil agencies to remove DeepSeek and prohibits new purchases

The U.S. Department of Homeland Security (DHS) instructed U.S. civil agencies on Monday to remove products from the Chinese AI company DeepSeek from government IT systems, as well as any third-party services built on that model, and to prohibit new procurements. The notice stated that using DeepSeek could lead to the transfer of sensitive data to China and could generate intelligence targeting U.S. individuals and institutions. DHS indicated that these models constitute "multiple threat vectors."The ban targets not only DeepSeek's own applications but also covers third-party services based on its development. A DHS memorandum from July was made public on Monday, which had previously requested agencies to monitor the risks related to DeepSeek in the traffic in and out of government websites. The U.S. Department of Commerce, the Navy, and the states of New York, Tennessee, and Virginia had previously restricted DeepSeek. The Federal Communications Commission (FCC) will vote on October 29 to decide whether to ban all Chinese laboratories from testing electronic products used in the U.S.DeepSeek is a startup based in Hangzhou, and its open-source model attracted widespread attention on January 27, 2025, with development costs of less than $5 million, leading to a 16% drop in Nvidia's stock price that day, evaporating about $600 billion in market value. In April 2025, the U.S. House of Representatives' Special Committee on China Issues stated that DeepSeek might secretly send U.S. user data to the Chinese government and may have used about 60,000 Nvidia chips, of which 20,000 were subject to U.S. export controls. The V4-Pro model preview released by DeepSeek in April this year was priced about 98% lower than OpenAI's GPT-5.5 Pro and was made available for free download and modification under the MIT license; this week it also released an updated version of the V4.1-Flash model focused on efficiency optimization.

first_img Animoca's NUVA launched the HOME token, opening the U.S. home equity credit market to non-U.S. investors

Animoca Brands and Nuva Labs have launched the real-world asset market NUVA with the HOME token, providing qualified non-U.S. investors exposure to U.S. home equity lines of credit (HELOC) with a minimum participation of 1 USDC. This ERC-20 token aims for an annualized yield of 7%, resetting monthly, with interest income and loan performance reflected in the net asset value of the fund pool, which in turn determines the token price. The product has no lock-up period and features a first-loss tranche that accounts for approximately 5% of the fund pool's value, designed to absorb losses from defaults or forced sales before they affect HOME holders.The underlying assets of HOME are the HELOC pools initiated by Figure Technology Solutions. According to Federal Reserve economic data, the size of U.S. HELOCs rose to $460 billion in the second quarter. Nuva Labs CEO Anthony Moro stated that traditional securitization primarily targets institutional investors, making it difficult for individual investors to access such structures. HOME does not attempt to create residential credit demand from scratch but presents an asset class with existing institutional demand in a more accessible on-chain structure. HOME holders do not directly own the underlying loans but hold tokens corresponding to the exposure of the fund pool.HOME is only available to qualified non-U.S. users, with the UK, Hong Kong, China, the British Virgin Islands, and sanctioned jurisdictions also excluded. NUVA will enforce these restrictions through wallet screening and IP address blocking.

Illustration OSL 90+ Home Ecosystem Partners: Global Stablecoin Payment and Trading Infrastructure

The Web3 asset data platform RootData has compiled the stablecoin ecosystem partners of the OSL Group, systematically presenting its role as a global stablecoin payment and trading infrastructure, from stablecoin payment networks and infrastructure to on-chain depth and institutional cooperation, and finally to a comprehensive layout of underlying security.Core stablecoin payment network: Launched the enterprise-grade compliant US dollar stablecoin USDGO, issued by Anchorage and operated by OSL, with tokenized funds from BlackRock, Goldman Sachs, and JPMorgan as reserve assets, and collaborated with leading stablecoin issuers such as Tether and Circle to jointly expand the stablecoin ecosystem; by expanding its own channels and acquiring Banxa, it connects and collaborates with withdrawal, recharge, and payment networks such as Visa, MasterCard, WorldPay, GoldStack, and Yellow Card; and compliant clearing and settlement channels are provided by leading banks such as Standard Chartered and DBS.On-chain depth: Leading public chains like Solana provide efficient and low-cost on-chain value transfer channels for its stablecoin system; at the same time, it partners with industry-leading asset management companies such as Franklin Templeton, Huaxia Fund, and Southern Eastern to offer attractive RWA financial products, expanding the on-chain application ecosystem of stablecoins.Security infrastructure foundation: Institutional-grade asset custody is provided by Fireblocks, Cactus, supporting multiple wallets such as MetaMask, TrustWallet, and Ledger, with KYC/AML compliance risk control supported by Chainalysis and Sumsub.OSL has built a complete ecosystem around stablecoin payments and trading. From stablecoin issuance and trading to fiat and digital currency withdrawals, recharges, and clearing and settlement, and to high-performance blockchain and compliant security infrastructure supporting enterprise-grade payments and treasury management, OSL, as a leading representative in the Asian stablecoin sector, is leveraging its global compliance, banking network, and ecological advantages to construct a full-stack compliant stablecoin payment application ecosystem for the market and clients.Cryptocurrency projects actively showcasing their partner networks have become a key way to enhance transparency and market trust. It is reported that RootData welcomes Web3 projects to claim the data and continues to track and open more project business relationship disclosure channels. The platform has continuously released multiple editions of the cryptocurrency project ecosystem map, nominating Web3 ecosystem partners serving upstream clients such as Visa, Stripe, and Coinbase.
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