Critics slam OpenAI’s new shopping and Sora video app as “infinite slop,” citing monopoly risks, energy costs, and mission drift. (Decrypt)
Critics slam OpenAI’s new shopping and Sora video app as “infinite slop,” citing monopoly risks, energy costs, and mission drift. (Decrypt)
1. Tether increases its holdings of Bitcoin worth $1.05 billion, strengthening its reserve asset portfolio 2. UK regulatory authorities approve IG Group's cryptocurrency license, promoting market compliance development 3. CME data shows that the probability of the Federal Reserve cutting interest rates in October has risen to 96.2% 4. Wisconsin Congressman Proposes Exemption from Bitcoin Activity Funding License Requirements 5. Binance's net inflow in the third quarter reached $14.8 billion, indicating an increase in market attractiveness 6. The US government shutdown is a foregone conclusion and may affect the stability of financial markets 7. Ripple CTO David Schwartz resigns at the end of the year and will continue to participate in community activities 8. Chainlink collaborates with UBS to promote asset tokenization and provide digital solutions for the fund industry The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/490419
[Succinct ZK Verification Service Covers 130 Public Chains/Protocols, Verification Fees Reach $260,000] Monitoring shows that since the launch of the Succinct ZK verification service in early August, it has been adopted by 130 public chains and protocols. Over the past two months, these applications have completed a total of 420,000 ZK verification transactions, averaging about 8,000 transactions per day. During this period, verification transaction fees amounted to approximately $260,000, distributed to PROVE stakers. (Yujin)
[21Shares Launches Two Crypto ETFs on DTCC Platform] 21Shares announced that its SUI ETF and Polkadot ETF have successfully been listed on the Depository Trust & Clearing Corporation (DTCC) platform in the United States. This move aims to provide investors with more convenient trading and clearing services. DTCC is a global leader in securities clearing and settlement, managing tens of trillions of dollars in assets. (Cointelegraph)
**[U.S. Government Shutdown Becomes Inevitable as Senate Bipartisan Proposals Both Fail]** BlockBeats reports that on October 1, according to The Wall Street Journal, the U.S. federal government will enter a shutdown at midnight Wednesday local time (12 PM Beijing time). This comes after Senate Republicans and Democrats mutually rejected each other's funding proposals. On Tuesday, Trump issued new threats to the Democrats while signaling a willingness to engage in further discussions on Medicaid funding. A day earlier, congressional leaders from both parties had just attended a meeting at the White House. Due to internal divisions within the Republican Party and pressure from the Democratic Party's left wing, any agreement may only be reached after the shutdown begins at 12:01 AM. This shutdown will push the U.S. into uncharted territory. White House officials have repeatedly expressed their desire to downsize the government, stating that they intend to use this funding cutoff as an opportunity to implement large-scale layoffs of federal employees, rather than merely placing hundreds of thousands of civil servants on temporary leave.