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Michael Saylor, the founder of Bitcoin Strategy Company, responded to Bloomberg's interview regarding the possibility of MSCI's new index rules excluding MSTR. He stated that this move is not very important for Strategy, as the scale of funds they control is relatively small, but he is disappointed with MSCI's stance so far. Oil, natural gas, land, and machinery are all considered capital, while Bitcoin is not. This is a value judgment and actually reflects a bias against digital assets. They are like unregistered financial advisors, setting a "bad precedent" for the entire industry, and he hopes they will reconsider. Digital assets represent the future; MSCI may not want to participate in this future, but investors will not agree, and neither will the United States. If MSCI abandons the proposal to exclude MSTR, it would benefit the entire industry.Regarding the core controversy of whether Strategy belongs to companies with actual operating businesses, Michael Saylor compared it to banks and insurance companies. He believes these financial institutions sell credit and policies, while Strategy supports digital credit products with Bitcoin. Therefore, Strategy is an operating enterprise and should be viewed like other financial companies.

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.

The Internet of Things public chain IoTeX announced the launch of IOTX supply integration and the IOTX Redemption Portal. Users can exchange the ERC-20 IOTX issued on Ethereum in 2018 at a 1:1 ratio with zero fees for the native IOTX on the IoTeX mainnet. After completing the connection, sending, and signing, the native tokens will be sent to the same address.IoTeX stated that IOTX was issued in 2018 in the form of Ethereum ERC-20. A year later, the IoTeX mainnet went live, and the native IOTX is used to pay for Gas, secure network safety through staking, and complete settlements on IoTeX L1. Since the 2018 contract is still in circulation, IOTX has coexisted in two forms for a long time, and this integration aims to unify the supply.IoTeX also mentioned that the European fintech company Revolut has supported native IOTX, with over 70 million global customers; the licensed exchange in Thailand, Bitkub, has also supported it. Both have joined platforms that already support native IOTX, such as Binance, Upbit, Bithumb, and Kraken.

Ministers from OPEC and non-OPEC oil-producing countries met in Riyadh, Saudi Arabia, reaffirming their commitment to maintaining stability in the oil market through a joint mechanism. OPEC+ stated that disruptions in energy transportation have caused shipping and insurance costs to exceed one-third of the value of commodities, hindering the transportation of crude oil and refined products, and increasing inflationary pressures on the global economy. Countries will continue to monitor the situation and cooperate with international organizations to improve shipping conditions.

Crypto trader Ansem posted about one of the biggest lessons learned from years of trading cryptocurrencies.He stated that catching the right rotation in trading is just the first step; what truly determines whether you can keep the profits is whether you can take profits in a timely manner and compound them. In 2017, he made a lot of money trading altcoins, but much of it was through rotation trading, giving back profits and returning to square one.From 2020 to 2021, he showed significant improvement, being able to identify narratives earlier, rotating between SOL, LUNA, and AVAX, and compounding profits from different trades. Recognizing opportunities early and knowing when to take profits are equally important skills.

From October 7 to 8, the decentralized stablecoin USDD participated in the TOKEN2049 Singapore conference, and its booth attracted a large number of attendees for interaction and communication. During the conference, USDD announced that it would reveal more important ecological partners and strategies.In addition, USDD's supply and TVL both reached new highs during the event, reaching $1.68 billion and $2.39 billion, respectively. TOKEN2049 is one of the largest events in the global cryptocurrency industry, bringing together top projects, platforms, and practitioners from around the world. This TOKEN2049 Singapore conference attracted 25,000 attendees from 160 countries.

The United States Central Command stated that in recent months, the U.S. military has supported the transport of over 1.25 billion barrels of crude oil from Gulf partner countries and through the Strait of Hormuz. In contrast, due to the U.S. iron-fisted blockade of Iranian ports, Iran has failed to export a single barrel of crude oil.

The founder of TRON, Justin Sun, attended the TOKEN2049 main venue in Singapore, where he had a dialogue with Kevin Follonier, the founder of the podcast "When Shift Happens." They discussed personal experiences in the cryptocurrency industry, the integration of AI and blockchain, and the "Justin Sun Award." He stated that the fusion of cryptocurrency and AI Agents will be one of the most important application scenarios in the next five years; cryptocurrency, as a sustainable iterative software technology, is superior to the long-stagnant traditional banking system, and the new generation of users will be more inclined to use cryptocurrency services.TRON is building an AI economic financial network, with approximately $100 billion in assets under protocol custody, processing daily transactions of $20 billion to $30 billion, and promoting the tokenization of U.S. stocks and the AI routing platform B.AI. Recently, Justin Sun launched the "Justin Sun Award" to more frequently reward contributors in the fields of mathematics and AI, with a maximum single question prize of $1 million, and he stated that the achievements in cryptocurrency will be returned to science, further benefiting ecological development.

According to Fortune, retail proprietary trading startup Vest Labs announced the completion of a $13 million seed round of financing, led by Portal Ventures, with some executives from Citadel Securities, BlackRock, and KKR participating as individuals. The company did not disclose its post-financing valuation.Vest allows eligible traders to use the company's funds to trade perpetual contracts in real markets around the clock, with traders able to retain up to 80% of the profits, while the remainder goes to the company. The company stated that compared to some retail proprietary trading firms that rely on charging fees for simulated trading accounts, this model allows Vest to benefit from the success of traders rather than betting on their failure.The financing will be used to develop a mobile application, expand the current team of 22 people, and increase the variety of assets available for trading around the clock. According to Vest's own disclosure, as of late September, 26% of the approximately 27,000 traders on the platform had received cash payments, with monthly active traders and trading volume both increasing by over 300% month-over-month.

Bitcoin Magazine reported that the Chief Business Officer of the cryptocurrency exchange platform Coinbase stated that the company is working with advisors from six globally systemically important banks to increase exposure to Bitcoin.Coinbase Chief Business Officer: The company views this as an opportunity to expand the market and provide individuals with more ways to access Bitcoin. Globally systemically important banks are large banks identified by the Financial Stability Board that have a significant impact on the global financial system.

The fee-sharing platform Paid announced that its web application portal is now online. Users can claim eligible new fees, and the related assets will be distributed according to the quoted assets corresponding to the fees, which are mostly SOL.Paid stated that other claiming methods will be introduced later, including through private messages or tagging the official account in posts. X Money payments are still suspended, and the recovery time will be notified separately; users' historical balances will be retained independently, and the team is developing a separate claiming plan for this portion of the balance, hoping to restore X Money payments in the future.

Cryptocurrency trader Ansem stated that airdrops remain one of the strongest catalysts for driving users and trading activities back on-chain. In the last cycle, trading terminals saw a significant amount of trading volume, but many of those platforms have yet to offer rewards to users.Ansem believes that as competition among platforms for traders intensifies, rewarding early users will become an effective way to build user loyalty and retain liquidity. Past experiences show that timely airdrops can unleash a large amount of on-chain activity, and he expects this strategy to reappear in this cycle.

Yuga Labs' Vice President of Blockchain, Quit, posted on the X platform stating that the claims portal for the NFT theft incident currently under construction is expected to go live in the next few hours, and a dedicated address nftsaresafu.eth has been created to accept ETH and other token donations.Quit mentioned that in addition to spending a significant amount of time, he paid approximately $7,500 in gas fees last night to handle related matters and thanked the community for their support through channels like X Money.Previously, it was reported that the NFT marketplace Magic Eden appeared to have a security vulnerability, with white hat hackers transferring 3,832 NFTs from hundreds of wallets, valued at approximately $1.5 million.

After Alibaba and ByteDance launched Qianwen Office and Doubao Work respectively, Baidu has launched the AI tool OkWork, which focuses on mobile office solutions, integrating PPT generation, AI writing, spreadsheet data analysis, and poster image generation. The product interface features a minimalist and lightweight design, with the homepage showcasing four main modules: AI PPT, AI Writing, AI Spreadsheet, and AI Image Generation. This is also Baidu's recent move in the AI office scene following Kuku AI.AI PPT supports document to PPT conversion, PDF to PPT conversion, and outline generation for PPT, and can also beautify existing PPTs, split layers, and make AI modifications. AI Writing covers resumes, lesson plans, papers, reports, and document summaries, and supports PDF to Word conversion, continuation writing, and imitation writing; AI Spreadsheet focuses on data calculation and intelligent table creation. AI Image Generation includes capabilities for posters, avatars, as well as pixel art, hand-drawn newspapers, and comic strips. Users can complete content generation, document conversion, and image matching through conversations with specific requirements, and the template center provides PPT and resume templates.OkWork is not completely free; some features and rights consume AI points, which users can obtain by subscribing to a membership. The product covers scenarios such as workplace reports, student assignments, teaching preparation, and simple posters, leaning more towards quickly producing drafts and is not aimed at ultra-large documents or complex multi-person collaborative editing. According to 360iResearch, the global AI office software market is expected to grow to $35.49 billion by 2026 and is projected to reach $71.27 billion by 2032; a survey by iiMedia Consulting shows that the usage rate of office AI assistants among white-collar workers in China is 57.27%.

Meta Platforms has launched a portable AI device equipped with the Muse assistant, named Muse Charm, which will begin shipping during the December holiday season.

The President of the United States, Donald Trump, stated that he is working to restore smooth oil transportation in the Strait of Hormuz.

The "whale" stated in a post on platform X, "Bitcoin has surpassed $85,000 today. I have always said that when the Strategy is to continue buying, it is definitely an important signal."

Charles Schwab, with assets under management of $13 trillion, stated that the Strategic Bitcoin Reserve Act advanced yesterday in the U.S. House Financial Services Committee, "could be an important first step in legislating it."