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The Nasdaq is currently experiencing network issues, and customers may intermittently encounter data loss problems.

According to Axios, senior advisors to Ukrainian President Zelensky communicated with White House officials to inquire whether a decision had been made to cut off "Starlink" services and to discuss solutions. The Ukrainian side also had similar communications with the CIA and the Pentagon. White House officials stated that they could not control SpaceX, and the Trump administration would contact SpaceX to understand the situation.

Federal Reserve Board member Bowman stated that they are planning a comprehensive restructuring to address the risk-averse culture issues exposed during the collapse of Silicon Valley Bank.

The IMF stated that the economic growth in the United States is insufficient to quickly address the expanding government debt and fiscal deficit issues, and other measures are needed to improve the fiscal situation. IMF President Kristalina Georgieva said in Bangkok that although higher economic growth helps alleviate the debt burden, relying solely on growth may not be enough to offset the pressures brought by high deficits and high interest expenditures.

According to Bloomberg, Bank of America has been fined over $1.21 billion by U.S. regulators for anti-money laundering and sanctions compliance issues. Among them, the Office of the Comptroller of the Currency (OCC) issued a $750 million civil penalty, setting a record for fines related to this agency; the settlement measures from the Office of Foreign Assets Control (OFAC) involve 475 alleged violations of sanctions programs, with related countries including Russia and Iran.Regulators also issued a consent order against the bank.

According to the official website of the U.S. Securities and Exchange Commission (SEC), on October 9, 2026, the SEC officially sued Linqto's former executives William Sarris and Joseph Endoso, accusing them of committing fraud by selling equity in pre-IPO unicorn companies to retail investors through their online platform.Between 2021 and 2024, Linqto's subsidiary sold over $430 million in special purpose vehicles (SPV) to retail investors. The SEC accused the two of: falsely reporting prices below market value (with almost all being above fair value), falsely claiming that stocks were "sold out," pretending that prices were dynamically set by algorithms (when they were actually manually priced), and publicly claiming compliance while knowing they were violating regulations. Additionally, they were accused of illegally operating an unregistered investment company and selling unregistered securities to non-accredited investors.The SEC seeks to impose an injunction against the two, recover illegal gains and interest, impose civil penalties, and prohibit them from serving as executives or directors of public companies in the future. The case is being investigated by the SEC's San Francisco Regional Office, with assistance from the U.S. Attorney's Office for the Southern District of New York and the FBI.

According to the Financial Times, DWF Labs' DWF Maas and Falcon Digital have sued the cryptocurrency custody company BitGo in the High Court of London, accusing it of violating over-the-counter (OTC) agreements by selling Falcon Finance (FF) and ESPORTS tokens before the agreed lock-up period ended, resulting in a drop in token prices.According to the lawsuit, both parties agreed that the tokens would be offered at a discounted price but must adhere to a three-month lock-up period and subsequent phased unlocking arrangements. DWF claims that BitGo transferred the tokens to exchanges about two months before the first unlocking, causing market sell-off pressure and damaging the value of its remaining holdings, thus seeking $141 million in damages. BitGo declined to comment on the lawsuit, and the related allegations have not yet been adjudicated by the court.

Tornado Cash co-founder Roman Storm posted on X platform stating that the U.S. Department of the Treasury recently acknowledged in a document that there were issues with the previous rules regarding mixers, and mentioned that this policy could have a "chilling effect" on legitimate activities.Storm stated that although the relevant department of the U.S. Department of the Treasury now believes there are issues with the policy, the U.S. Department of Justice still insists in its case that even legitimate transactions conducted through Tornado Cash constitute illegal activities due to the potential for being used for money laundering, evading sanctions, and other criminal purposes.Storm claimed that the non-criminal department of the U.S. government believes the policy is inappropriate, while the criminal justice department considers all related transactions to be criminal; he has been detained and prosecuted for over 1,139 days and stated that his case stems from developing open-source code.Storm also mentioned that a new document was submitted today to the Southern District of New York (SDNY) federal court, and the U.S. Department of Justice is still pushing for his conviction.

ICBA accuses OCC of lacking regulatory safeguards in granting banking charters to cryptocurrency companies. The cryptocurrency lobbying group CCI supports OCC, stating that the lawsuit aims to stifle financial innovation.

According to Fortune, the U.S. Securities and Exchange Commission (SEC) has filed lawsuits against two private fund cases, accusing the relevant fund advisors of raising funds under the pretext of investing in popular tech companies like OpenAI and SpaceX before their IPOs, but allegedly providing false information to investors and misappropriating some of the funds.The SEC stated that Meyer Global Management and its head Owen Meyer are suspected of raising at least $18.5 million from nearly 100 investors to purchase shares of companies before their IPOs, but misappropriated at least $1.27 million, including using fund money for personal consumption, paying entertainment expenses, and personal investments. Among them, the SEC accused Meyer of establishing a fund for investing in shares of OpenAI and SpaceX, but some of the funds did not actually hold the relevant assets.In another case, the SEC and federal prosecutors accused Beyond Alpha Ventures heads Christopher Dinelli and Jacob Frankel of raising over $8.7 million from 35 investors and falsely promoting that the fund held shares in companies like SpaceX and xAI.The SEC stated that the two provided false investment reports, with some of the funds being used for options trading, film investments, and personal use. The SEC emphasized that the accused tech companies and their management have not been found to have engaged in misconduct. Regulatory agencies have been continuously monitoring investment products that promote "acquiring shares before popular private company IPOs" and have launched multiple enforcement actions against relevant private fund advisors.

The Commodity Futures Trading Commission (CFTC) is investigating prediction markets, focusing on the compliance of their incentive programs and expressing concerns about misleading promotional practices present in the market.

According to The Wall Street Journal, OpenAI has canceled plans to release a new artificial intelligence model due to safety concerns.

According to QCP analysis, the global market opened under multi-asset pressure, with investors reducing risk exposure. The Nasdaq 100 index fell from 744.45 to 737.76 in pre-market trading, gold dropped from $4260 to $4147, Bitcoin decreased from $84500 to $82800, and the dollar index also declined, reflecting broad deleveraging rather than a shift to safe-haven assets.QCP stated that the main driving factor is geopolitical: the United States rejected a ceasefire condition proposal regarding the Strait of Hormuz last weekend, reigniting concerns over energy supply disruptions and driving a significant rise in Brent crude oil. This week, the U.S. macroeconomic calendar is packed. Following the recent interest rate hike by the Federal Reserve, the PCE price index and non-farm payroll report are key data points, and the market remains highly sensitive to data that could influence further adjustments in monetary policy. In terms of crypto options, front-end implied volatility remains high, with traders pricing for downside protection. Spot Bitcoin ETF fund flows show hesitation amid broader clearing. Bitcoin's recent technical strength faces dual pressure from geopolitical uncertainty and macroeconomic data risks, with key support levels being closely monitored.

On September 27, Doubao Mobile Assistant released a statement in the official community regarding the abnormal usage of the Nubia NaviX Ultra phone in Honor of Kings, stating that starting from the evening of September 24, they have received feedback from users that the Nubia NaviX Ultra equipped with Doubao Mobile Assistant displays an abnormal device environment prompt when logging into Honor of Kings or during matchmaking, and users are forcibly kicked offline.Doubao Mobile Assistant stated: Upon confirmation, they have not made any operations on the Tencent game system throughout the process, and there are no violations such as unauthorized clicks, cheats, or simulation behaviors by the AI. The team is still in communication with relevant parties at Tencent, and as of now, they have not received a clear response, for which they apologize. The assistant also advises users not to repeatedly attempt to log into Honor of Kings on this model. If the account has been banned, users can appeal through the official game customer service channels.Tencent has not publicly responded. On September 28, a reporter learned from informed sources that Honor of Kings ensures game fairness through various security risk strategies, and these strategies have been consistently used over the past period without targeted adjustments.

According to Bloomberg, the New York State government has filed a lawsuit accusing the prediction market platform Polymarket of operating an illegal gambling business. Specific allegations in the lawsuit and the remedies sought by New York State have not yet disclosed further details.

The U.S. Securities and Exchange Commission has released an "Innovation Exemption" to establish a pathway for on-chain secondary trading of tokenized stocks. This exemption will be implemented from September 17, 2026, to September 17, 2031, and applies to specific tokenized securities trading venues that provide licensed automated market makers and liquidity pools.Trading venues must be deployed on public, permissionless blockchains, but trading is limited to verified or authorized participants. Eligible tokens must correspond to actual U.S. national market system stocks and grant the same shareholder rights as traditional stocks; this exemption does not cover primary issuances, synthetic exposures, or products that do not have legal or beneficial rights to the underlying stocks. Galaxy stated that it is exploring the next steps to enable on-chain GLXY secondary trading.

MultiversX posted on the X platform that the team is investigating a potential issue detected on the MultiversX mainnet. Their top priority remains to protect users and ensure the network operates securely and reliably.MultiversX stated that further updates will be released within the next 12 hours or as soon as a clear conclusion is reached.

Hester M. Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), stated that the U.S. stock market is gradually forming a trading model of "23 hours, 5 days a week" for extended trading hours. Although overnight trading currently accounts for less than 1% of the total trading volume of NMS stocks and is highly concentrated in a few stocks, both new and established trading venues have been actively extending their operating hours over the past two years, while raising six key questions:How should the U.S. stock market learn from the experiences of the long-established foreign exchange, cryptocurrency, and futures markets?How can brokers fulfill their best execution obligations and enhance retail investor protection when overnight liquidity is dispersed and spreads widen?When overnight liquidity is insufficient and execution costs are high, is it still a reasonable fiduciary decision for asset management institutions to choose not to engage in overnight trading?Will extending trading hours change the way listed companies release financial reports and significant information?Given that EDGAR filings submitted after 5:30 PM Eastern Time are typically processed on the next business day, does the SEC need to adjust the EDGAR system to ensure timely disclosure of significant information during the overnight trading period?Should the SEC provide relevant guidance or regulatory exemptions for listed companies, especially smaller ones?

Sources reveal that Microsoft (MSFT.O) and OpenAI are facing lawsuits again over AI copyright issues.