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Sui lending protocol Scallop announced the launch of the browser wallet Scallop Wallet. This wallet is a self-custody product and is now available in the Chrome Web Store.According to the official introduction, users can manage assets, exchange or purchase cryptocurrencies, compare lending rates within the Sui ecosystem, and track their positions in Scallop, all within the same wallet.

According to a report by Central News Agency citing Reuters, Microsoft announced the launch of its third-generation self-developed AI chip, Maia 300, with plans to deploy over 1 million units next year to support internal AI services. The small chip responsible for key computing functions uses TSMC's 2-nanometer process. The Maia 300 can handle code writing and perform complex business tasks on behalf of users. The previous generation of chips has been used to run Microsoft's internal AI models and the OpenAI models provided through Microsoft Azure cloud computing services.Microsoft is taking a different technological approach compared to NVIDIA. The NVIDIA AI accelerator uses a large computing chip surrounded by high-bandwidth memory chips; the Maia 300 core processing unit is composed of small chips, with the small chips responsible for key computing functions using TSMC's 2-nanometer process, while other small chips use the lower-cost 3-nanometer process to handle data transmission out of the processor and transfer data to other locations within the system.The Maia 300 will be installed in cabinets, with each cabinet accommodating 96 chips and consuming about 167 kW of power. In contrast, NVIDIA's latest GB300 AI server cabinet is configured with 72 GPUs and consumes about 142 kW of power. Microsoft stated that it plans to deploy the Maia 300 on a large scale starting next year, reaching several gigawatts. Microsoft previously indicated that it expects its capital expenditures to exceed $175 billion this year.

On October 12, 2026, William Zhou and Daniel Freeman, frontier red team researchers at the artificial intelligence company Anthropic, published a study. The article states that small models may have the ability to self-replicate on commercial IoT devices such as smart ovens and generic Android TV boxes within months. These replicas do not have a single shutdown point, and the doubling time may be measured in days, potentially adapting to unfamiliar devices on their own.Evaluation shows that a 9B model completed inference on 8 out of 9 hardware types. Models of 30B and below have been able to complete many single steps of replication, but errors occur when combined end-to-end; in simplified evaluations, GLM-5.2 and stronger models can achieve end-to-end replication. The team also distributed Gemma4-26B-A4B across 15 generic Android TV boxes, each costing about $55, operating at a speed of approximately 0.39 tokens/second, with each box holding two layers of the model.End-to-end testing was conducted on 8 GCP nodes behind a firewall, propagating through an unauthorized ADB port and setting up Llama 3.1-8B inference. Among the tested open-source models, only GLM-5.2 completed replication fully, transmitting to all 8 nodes in 4 out of 5 trials. The article divides autonomous replication and adaptation into four steps: discovering the target, obtaining execution, establishing inference, and continuing propagation from the new host, stating that there are currently no complete uncontrolled replicas.

According to Forbes, Cloudflare announced the acquisition of the JavaScript/TypeScript runtime company Deno. Deno's founder Ryan Dahl (the inventor of Node.js) and co-founder Bert Belder will lead the entire team to join Cloudflare.The core asset of this acquisition is the open-source project celld------a distributed deployment tool that runs Workers and Durable Objects with a single Rust binary file, allowing enterprises to run Cloudflare's serverless programming model on their own infrastructure, fundamentally addressing the long-criticized "lock-in" issue of the Workers platform. Cloudflare plans to merge celld into the open-source runtime workerd to achieve complete self-hosted support.Deno has previously raised $26 million, and the financial terms have not been disclosed. Deno Deploy will shut down in six months, and the Deno runtime will stop development after one year of security updates. This is the second acquisition of developer tools completed by Cloudflare within four months, having previously acquired the company behind the Vite build tool, VoidZero, in June of this year.

The Chief Information Security Officer of Slow Fog, 23pds, tweeted that public WiFi itself does not steal coins. The losses are caused by phishing pages opened by fake WiFi and the actions of users themselves signing transactions or importing private keys. What websites are accessed and what operations are performed after connecting are the core factors that determine whether asset losses occur.Previously, X user Xiaoyu_184CM tweeted that after connecting to free WiFi at Singapore Airport, a wallet that had not been used for a month had 3.7 BNB transferred away. Binance founder CZ responded that he has always advised against connecting to public WiFi, but merely connecting to WiFi does not lead to wallet theft, and asked if there were any other operations in between. Crypto KOL AB KuaiDong speculated that someone might have specifically set up free WiFi or modified the router, and Xiaoyu indicated that he felt this was likely the case.

Tachyon co-founder Sean Bowe posted on X, criticizing Ethereum Foundation researcher Justin Drake's recent warnings about quantum threats. He stated that such vague alerts would cause harm on multiple levels and become self-harm for their quantum advocacy work.Sean Bowe stated: The threats from quantum and artificial intelligence are real, and industry teams are making prudent decisions on how to practically address risks and help users deal with uncertainty. Some teams have strong judgment from cryptographers, while others need to refer to trusted experts; due to the complex dimensions involved, the relevant trade-offs are almost impossible to explain to non-cryptographers, and experts should remain calm and take corresponding responsibility.He also mentioned that once the situation is clarified, people may find that this is at most an unintentional promotional move, resulting in a significant loss of trust, and no one knows how to proceed afterward. He believes that the judgment regarding the relevant direction is correct, that previous warnings were meaningful, but they have gradually turned into uncontrolled predictions lacking feedback constraints, which will long-term affect trust in reasonable concerns about classical cryptography. He pointed out that the other party admitted that there was no new information driving this and asked Justin Drake to explain why he thought this approach was correct.

Former New York Governor Andrew Cuomo stated during a panel discussion at the Token2049 conference with OKX CEO Star Xu that if the cryptocurrency industry wants to push for federal-level cryptocurrency legislation, it must maintain a balance between supporting the Democratic and Republican parties. He pointed out that the industry previously "believed that heavy investment in the Republican Party" would help pass the CLARITY Act, but "when you heavily invest in the Republican Party, you inherently alienate the Democratic Party."According to data tracked by Tech Influence Watch, cryptocurrency-related political action committees have spent $54.3 million supporting the Republican Party and $26.2 million supporting the Democratic Party in the 2026 election cycle, with an additional $23.2 million spent opposing Democratic candidates. Cuomo stated that passing legislation requires support from both the Democratic and Republican parties and should be more balanced. He also refuted the notion that the Democratic Party is inherently opposed to cryptocurrency, arguing that cryptocurrency is actually well-suited for the Democratic Party because it empowers individuals who previously could not access financial products. Prediction market Kalshi data shows that the probability of the Democratic Party winning both houses of Congress is about 61%.In terms of background, the House of Representatives passed the CLARITY Act in July 2025 with the support of 78 Democratic representatives and 216 Republican representatives, while 134 Democratic representatives voted against it; in June 2025, the Senate passed the GENIUS Act with support from 18 Democratic senators.

On September 8, the ZKsync development team Matter Labs announced that it has open-sourced the permission engine of its privacy blockchain platform Prividium for financial institutions under the Apache 2 license. This engine is responsible for managing roles and access permissions on the chain, determining who can read and write data. After the open-sourcing, institutions can run the permissioned chain in their own environment based on the public code without signing commercial agreements, and can independently inspect, run, and modify the core code, reducing reliance on a single vendor.The Deutsche Bundesbank became the first institution to test and deploy the open-source permission engine in its own infrastructure. Matter Labs stated that both parties will continue to collaborate on platform design and testing. Prividium achieves privacy by keeping transaction data within the institution, only recording zero-knowledge proofs that the ledger has been correctly updated on Ethereum or other compatible chains. Previously, the core of ZKsync OS, Atlas sequencer, Airbender prover, interoperability contracts, and block explorer and monitoring components have been open-sourced.Matter Labs CEO Alex Gluchowski stated that feedback from regulators indicated that relying solely on commercialized core components leads to unacceptable single vendor dependency, and the ability to run, inspect, and modify the code independently is a prerequisite for adoption. He also pointed out that this open-sourcing does not change the role of the ZK token, only adjusting which parts of the Prividium software are public code and which remain commercial products. Connectors such as management consoles, user access tools, and core banking system integrations remain paid products.

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.

Regarding the announcement "Polygon is not dead" released by Polygon's official Twitter, which is suspected to mock the shutdown of Abstract, Polygon founder Sandeep responded that the dissemination effect of the related content "did not meet expectations," and some people attributed a completely different meaning to it. The Polygon marketing team was self-deprecating, as Polygon's fundamentals are still growing, and there was no intention to imply anything about Abstract's shutdown.Sandeep added that he was also confused when he first saw the content and emphasized that he has great respect for Abstract founder Luca Netz and his team. Since Polygon itself had also terminated the zkEVM project, he empathizes with the pain and would not mock the other party, wishing Luca and the Pudgy Penguins team all the best.

According to BitcoinNews, Bringin is launching a corporate banking platform for European businesses, connecting Bitcoin with traditional banking services while supporting corporate self-custody. The platform offers dedicated virtual IBANs, instant SEPA transfers, Bitcoin to Euro exchanges, Lightning Network payments, stablecoin support, and cross-border payments. Businesses can directly purchase Bitcoin into self-custody wallets and use Bitcoin, stablecoins, or Euros to pay employees and suppliers.Bringin also supports integrating payment functionalities into existing systems via API and plans to support AI-oriented MPP and x402 payment protocols; the company plans to expand to the United States, South Africa, the Philippines, Mexico, and India.

According to BitcoinNews, the U.S. Securities and Exchange Commission (SEC) has proposed a new draft of digital asset custody rules, which aims to allow investment advisors and regulated funds to custody Bitcoin and other crypto assets under specific conditions, and to provide a formal regulatory pathway for state-chartered trust companies to become qualified crypto asset custodians.According to the proposal, when a certain digital asset lacks qualified custodians willing to provide services, investment advisors may self-custody client assets under strict conditions, including written proof that custodians are unavailable, reassessment every three months, implementation of multi-signature transfers, isolation of client wallet addresses, and acceptance of independent audits. SEC Chairman Paul Atkins stated that current custody rules are primarily designed for traditional financial assets and are no longer suitable for the development of the digital asset market.The report points out that Bitcoin may become one of the main beneficiary assets of this proposal, as its institutional custody infrastructure is relatively mature. However, the relevant rules are still in the proposal stage and have not yet officially taken effect.

The U.S. Attorney's Office for the Central District of California stated that a 26-year-old man, Adam Iza, who calls himself the "Godfather," has been sentenced to 78 months in prison and must pay $23.4 million in restitution. He pleaded guilty in January 2025 to charges of conspiracy to violate rights, wire fraud, and tax evasion, and has been in custody since September 2024. This sentence will run concurrently with the 15-year sentence he received last month for an attempted Bitcoin robbery, which will not increase his actual time served.From August 2021 to April 2022, Iza hired off-duty Los Angeles County police officers as private security and admitted to conspiring with them to obtain law enforcement confidential records and personal data of individuals he had disputes with, obtaining court-authorized search warrants to track these individuals, and having the officers intimidate and threaten them. The Department of Justice stated that five former officers have been convicted for working for him, including 42-year-old Eric Chase Saavedra, who set up a security company providing these officers, and was sentenced to 21 months; 45-year-old Michael David Coberg, who assisted in extorting rivals and arranged false drug arrests, is serving a 63-month sentence. The prosecution wrote in the sentencing memorandum that wealthy individuals cannot buy "search warrants, arrests, badges, or guns" for private disputes.In another fraud case, since December 2020, Iza gained access to a Meta Business Manager account and its associated credit line, reselling it to advertising companies, with Meta clients being charged for ads they never purchased. After discovering this, Meta refunded the clients and absorbed the losses.

Changer+ announced the launch of its self-custodial wallet centered around stablecoins, aimed at making the holding, transferring, and using of stablecoins simpler.Changer+ currently supports mainstream stablecoins on the Ethereum, TRON, BNB Chain, and Solana networks, including USDT and USDC. As a self-custodial wallet, Changer+ allows users to always control their private keys while providing flexible Gas fee payment options, and integrates practical features such as security risk alerts, global eSIM data plans, and a lifestyle ticketing market, offering users a safer, more convenient, and enriched digital asset usage experience.To celebrate the launch, new users can receive three eligible free transactions per device on each supported chain (including Ethereum, Solana, and BNB Chain) from October 6, 2026, to November 6, 2026.Changer+ has also completed an independent security audit and VAPT conducted by Echo Pulse. It is reported that Echo Pulse is a CREST-certified, Singapore-licensed cybersecurity service provider.

According to The Block, Jeff Yan, co-founder of the decentralized perpetual contract trading platform Hyperliquid, stated during a fireside chat at the Korea Blockchain Week 2026 that around-the-clock trading is not the essential difference between on-chain trading venues and traditional exchanges. He pointed out that cryptocurrencies do not need to adhere to traditional market opening hours because these assets inherently possess international attributes, and some traditional exchanges have already begun to actively extend their trading hours.Yan emphasized that the more enduring value of on-chain finance comes from allowing users to retain control and custody of their funds, which helps to avoid a common single point of failure risk. In his view, once a counterparty, intermediary, or even custodian encounters issues, the ability to self-custody becomes particularly crucial.In addition, transparency constitutes another distinct feature of on-chain trading. Although it does not have a strong appeal in serving ordinary consumers, it is essential for building trust in the entire system. In a system controlled solely by a private organization, users cannot obtain the same level of trust and neutrality guarantees.He also mentioned that for assets lacking publicly available prices during the closing hours of traditional exchanges, continuous trading remains necessary. He cited commodities, stocks, and Pre-IPO targets that had already traded on Hyperliquid before the reference market opened as examples to illustrate that the demand is indeed real.

Canadian "Crypto King" Aiden Pleterski will appear in court on his own due to not being granted an extension. He faces charges of fraud and money laundering for allegedly defrauding investors of approximately 40 million dollars and squandering the funds.

Spain has confirmed that cryptocurrency assets stored in self-custody wallets do not need to be declared as foreign assets. Cryptocurrency assets held in foreign custodial institutions must be declared if the holding value exceeds 50,000 euros; however, if they are bought on a foreign exchange and sold entirely within the same year, they do not need to be declared.