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According to Fortune, Robinhood Ventures Fund I announced today that it has completed an investment in Cognition, with a total investment amount of approximately 10 million dollars.Cognition was founded in 2024 and developed the first autonomous software engineer, Devin. Devin is capable of independently completing project planning, code writing, testing, and production environment deployment. By delegating repetitive engineering tasks to AI agents, engineers can focus more on architectural design, system planning, and complex problem solving.Currently, Devin has been deployed in some of the largest and most complex institutions globally, including Goldman Sachs, Citigroup, Wayfair, Mercedes-Benz, and Nubank. Recently, based on the current revenue level annualized, Cognition's revenue has exceeded 1 billion dollars.

According to Fortune, Robinhood Ventures has invested 10 million dollars in the AI programming tool company Cognition. Earlier this year, Robinhood Ventures had already invested 75 million dollars in OpenAI.This reinvestment in Cognition signifies its multi-target layout strategy in the field of AI development tools.

The China Securities Regulatory Commission approved the establishment of Citigroup Securities (China) Co., Ltd. The company is registered in Shanghai, with a registered capital of 1.2 billion RMB. Its business scope includes securities brokerage, securities investment consulting, securities underwriting and sponsorship, and securities proprietary trading. The shareholder Citigroup Global Markets Holdings Inc. holds a 100% investment ratio.

According to market news, the Financial Services Commission of South Korea stated that it will study a plan to allow cryptocurrency exchanges to participate in the Security Token Offering (STO) market, including issues such as market environment, investor protection, integration of licensing systems, and dual operating licenses.The Chairman of the Financial Services Commission of South Korea, Lee Ik-hyeon, expressed support for the proposal to utilize existing exchange technology and trading infrastructure to develop the STO market, emphasizing the need to integrate the technology and trading infrastructure of existing exchanges into the token securities market.

The Hong Kong Securities and Futures Commission has listed BTCC as a suspicious virtual asset trading platform. The Hong Kong Securities and Futures Commission stated that the relevant entity is a virtual asset trading platform operated by a Polish company, BTCC Poland Limited (which only has an English name), and it is not licensed by the Hong Kong Securities and Futures Commission, and is suspected of engaging in unlicensed activities in Hong Kong.

SpaceX stated that any potential merger with Tesla must be further approved by the company's special committee, board of directors, and controlling shareholders.

Meta Platforms (META.O) future spending commitments soar to $825 billion.

The National Development and Reform Commission has released a new version of the "Regulations on Foreign Investment Management," which better ensures the development and security of foreign investment from an institutional perspective. The regulations consist of 76 articles, divided into six chapters: General Principles, Guidance and Services for Foreign Investment, Supervision of Foreign Investment, Protection of Foreign Investment, Legal Responsibilities, and Supplementary Provisions.The regulations will take effect on December 1, 2026, at which point the "Regulations on Overseas Investment Management" issued in 2017 will be simultaneously abolished. The state supports investors in conducting foreign investment activities based on market principles and actively participating in international cooperation and competition. Investors enjoy the autonomy of foreign investment according to the law, making independent decisions, bearing risks independently, and being responsible for their own profits and losses.

According to a report by the Korean News Agency, Lee Won-ik, Chairman of the Financial Services Commission, stated during a comprehensive inspection at the National Assembly's Political Affairs Committee regarding the taxation of virtual assets to be implemented next year, "Various circumstances need to be fully considered." On the same day, People Power Party member Song Yeon-sik questioned whether to abolish or postpone the taxation, stating that the nature of digital assets and policy direction have not yet been determined, and that the "Basic Law on Digital Assets" should be prioritized. Lee Won-ik responded that the relevant legislation on digital assets is in the final negotiation stage and discussions will be promoted as soon as possible; regarding taxation, opinions from various parties are diverse, and collection of opinions is still ongoing.The taxation of virtual assets in South Korea was introduced in 2020 through amendments to the Income Tax Act, having been postponed three times previously. The government is currently advancing administrative procedures according to the timeline for implementation in January next year, but some in the industry and even within the ruling party believe that due to unclear standards and insufficient infrastructure, the timing for implementation is not yet mature.

The European Commission stated that SpaceX must urgently restore all services in Ukraine.

According to IPO documents obtained by The Wall Street Journal, the artificial intelligence company Anthropic generated $16.3 billion in revenue in the first half of the year, compared to $1.1 billion in the same period last year; the net loss for the first half of the year was $80.7 billion, compared to $13 billion in the same period last year. Approximately $72 billion of the loss came from accounting expenses related to changes in the fair value of financing instruments such as convertible notes.The documents show that spending on computing power and infrastructure in the first half of the year was nearly $9 billion, with total related spending for 2025 projected at $7.3 billion. Over the next 7 to 10 years, cloud computing agreement spending is expected to be around $450 billion, with an additional commitment to pay over $160 billion for leasing Google chips. Future infrastructure spending commitments have exceeded $600 billion, and if agreements still under negotiation are included, this could increase by up to $150 billion.In the first half of the year, about 20% of revenue came from two customers, and the company expects future revenue to still rely significantly on a small number of clients. The documents also state that artificial intelligence models may pose real-world dangers, and the losses from catastrophic incidents may even be uninsurable, while the construction of data centers faces increasingly organized political resistance.

According to Bloomberg, citing diplomats involved in the negotiations between Iran and the United States, the talks between Iran and the United States are still ongoing, and reports about the two sides reaching an agreement soon are not true.

According to NetEase's report on "DeepTech," the open-source AI programming tool OpenCode has officially confirmed it was breached, affecting approximately 1.4% of OpenCode Console users, with some API keys for models stored on the platform potentially leaked. Multiple developers reported unusual charges on accounts used to call models from OpenAI, Anthropic, and others, with some claiming losses of hundreds of dollars and others stating amounts exceeding $1,700. The officials stated that the incident is related to a large-scale distillation attack and are currently working with OpenAI, Anthropic, and Google to address the issue.OpenCode was developed by members of the Anomaly team, with one of the main creators being Dax Raad. The team has previously worked on projects like SST and OpenNext. In addition to local programs, its cloud service Console can centralize API keys from providers like OpenAI, Anthropic, and Google in a workspace and call them on behalf of users; the incident occurred on this cloud service. A notification email stated that the attacker gained unauthorized access to a set of decommissioned old systems, and some third-party model API keys in the Console workspaces may have been exposed. Developer Colin Parsons reported unusual charges of about $281 on his OpenAI account and about $168 on his Anthropic account, while Preston Zeller reported losses of around $1,700. Other users reported unusual charges of about $400 on Anthropic and account restrictions triggered by unusual usage on Google services.OpenCode has notified affected users to revoke and replace their keys and check recent call records. Lydia Hallie, a member of the Anthropic Claude Code team, stated that Anthropic has collaborated with OpenCode and revoked the Claude API keys believed to be affected. Tibo, a member of the OpenAI team, stated that they are working with OpenCode to help affected API users restore access and refund the amounts that were unusually consumed during the attack. Dax Raad clarified that the affected service is OpenCode Console, not the locally running OpenCode, and that keys configured directly in the local tool will not be sent to OpenCode servers. On October 18, he stated on social media that the attacker had been continuously attempting to breach the system for the past 48 hours, and the team is strengthening defenses.

According to CoinDesk, Cardano founder Charles Hoskinson stated that he is personally developing a new programming language for the Cardano network and collaborating with Input Output Global engineer Lucas Rosa. Lucas Rosa is a co-creator of Aiken, one of Cardano's main smart contract languages. Hoskinson posted on the X platform that this will be the first programming language to combine user transaction completion intentions with cryptographic proofs.It is reported that the language will support three tools: transaction intent, data with carry proofs, and Groth16 proofs. Transaction intent allows users to specify the goals they want to achieve, while leaving the specific steps to the application, for example, traders can request that a token be exchanged for another only when the final price meets certain conditions, without specifying the exact path.Data with carry proofs can attach cryptographic evidence to information, proving that it complies with specific rules, allowing other applications to verify without recalculating. Groth16 is a widely used proof system that can generate small-sized, fast-verifying proofs, demonstrating that conditions have been met without exposing private data.With the combination of the three, developers can build applications that coordinate transactions, check complex conditions, and pass verified information between services, ultimately verified by Cardano with a small proof. Currently, Cardano developers mainly use Haskell-based Plutus and Aiken to write smart contracts, while Input Output Global, founded by Hoskinson, has its own privacy blockchain Midnight with its language Compact. The name, public code, and release date of this new language have not yet been announced.

On October 19, Wu Qing, Chairman of the China Securities Regulatory Commission, stated at the opening ceremony of the 2026 Financial Street Forum Annual Conference that they will adhere to a steady approach, fully maintain the safety and stability of the capital market, closely monitor domestic and international market dynamics, and strengthen risk assessment and policy tool reserves.Wu Qing also stated that they will consolidate and improve the mechanisms for stabilizing the market, focus on strengthening the prevention of risks in new types of businesses, remain highly vigilant against new risk points such as leveraged products linked to A-shares from abroad, and continuously build a solid risk defense wall for the capital market.

On October 18, the artificial intelligence company Anthropic announced that it would allocate a portion of its company shares to the newly established Anthropic Public Benefit Fund, with the shareholding ratio of this entity increasing as the company grows. Subject to shareholder approval, the company committed to contributing 5% of Anthropic shares on that day; thereafter, for every 50% increase in company value above a set benchmark, the board may discretionarily increase the contribution by an additional 2%.The fund will be established as a wholly-owned LLC rather than a 501(c)(3) or other forms, allowing for adjustments between different donation methods. The Anthropic equity held by the fund will not be used for lobbying or political donations in the U.S. or abroad. Anthropic stated that the fund aims to advance its mission with greater flexibility and scale, such as making large donations to traditional non-profit organizations or directly allocating resources to specific populations. The company had previously committed $200 million to research and address the impact of AI on the labor market.As a public benefit corporation, most of the mission-related work is still conducted internally, including AI safety and explainability research, applied biomedical research, and providing discounts on Claude to non-profit organizations and research institutions. At the company's founding, the co-founders committed to donating 80% of their equity holdings; the company also operates an equity donation matching program, with about half of the employees participating. With this announcement, approximately 20% of Anthropic shares will be used for public benefit, and this percentage may increase after reaching specific valuation milestones. The structure, governance, and corresponding milestones of the fund will be announced in the coming months.

Patrick Witt, the Executive Director of the White House Presidential Digital Asset Advisory Committee, announced his departure from government service to return to the private sector. He made this decision public last week, and the White House has not yet announced a new head of cryptocurrency policy, with a successor still undetermined.Previously, Harry Jung and Bo Hines had also left the committee. White House officials stated that cryptocurrency policy and the Digital Asset Market Clear Act will remain a focus of the Trump administration, but the personnel vacancies have raised concerns about the momentum of policy advancement.As the midterm elections approach next month, the administration is still advancing rule-making in the digital asset space. After the new Congress is sworn in in 2027, cryptocurrency legislation will require coordination from a White House liaison, with tax legislation expected to proceed ahead of market structure reforms; if the Democrats flip the House of Representatives, the congressional landscape may also bring new variables. Meanwhile, the rule-making efforts of agencies such as the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Office of the Comptroller of the Currency, and the Department of the Treasury will continue.

Lily Liu, the chair of the Solana Foundation, posted on platform X, stating, "We held the first Capital Markets Summit in Shanghai, China, on Thursday. There, we gathered hundreds of asset allocators and builders from China and around the world to discuss capital formation around innovation."Lily Liu also stated that the market capitalization of domestic listed companies in China is only 1/6 of that of comparable profitable companies in New York, and there are over 50,000 small and medium-sized enterprises waiting for IPO opportunities.