1. The U.S. Senate did not pass the funding bill, and the government shutdown continues.
On October 6, the U.S. Senate voted on funding bills proposed by both the Democratic and Republican parties in an attempt to end the government shutdown. The Democratic bill aimed at ending the shutdown was not passed with 45 votes in favor and 50 against; subsequently, the Senate voted on the temporary funding bill proposed by the Republicans, which also did not meet the threshold for approval. Both party bills were rejected, meaning the U.S. government shutdown will continue. -Original
2. Plume Network has been approved by the SEC as a transfer agent for tokenized securities
Plume Network has received official approval from the U.S. Securities and Exchange Commission (SEC) and has successfully registered as a transfer agent for tokenized securities. This qualification allows it to provide registration, transfer, and related services for tokenized securities within a compliance framework, supporting securitization operations in the blockchain field. -Original
3. Standard Chartered predicts that the market value of stablecoins will reach $2 trillion by 2028.
On October 6, Standard Chartered predicted that by the end of 2028, the total market value of global stablecoins will reach $2 trillion. The bank expects that in the next three years, about $1 trillion in funds may shift from bank deposits in emerging markets to stablecoins, as they provide users with a low-friction way to gain exposure to the dollar. Standard Chartered noted that stablecoins have become 'dollar-denominated bank accounts' in emerging markets, although the U.S. (GENIUS Act) restricts compliant issuers from zero yield, this trend may still accelerate. -Original
4. OpenAI and AMD reach a multi-billion dollar chip cooperation agreement.
OpenAI and chip design company AMD announced a multi-billion dollar cooperation agreement aimed at developing artificial intelligence data centers running on AMD processors. According to the agreement, OpenAI commits to purchasing AMD chips equivalent to 6 gigawatts of computing power, starting with the MI450 chip launched next year, with purchases to be made through direct purchases or its cloud computing partners. AMD's CEO stated that the deal is expected to bring hundreds of billions of dollars in revenue to the company over the next five years. The agreement also includes an incentive clause: if OpenAI meets specific deployment goals, it will receive warrants to purchase up to 160 million shares of AMD stock at a price of $0.01 per share, accounting for about 10% of AMD's total equity, provided that AMD's stock price meets the exercise conditions. -Original
5. Ondo Finance acquires Oasis Pro, obtaining SEC digital asset regulatory qualifications.
Ondo Finance has completed the acquisition of Oasis Pro, obtaining SEC-registered digital asset broker, alternative trading system (ATS), and transfer agent (TA) licenses. This acquisition enables Ondo to develop regulated tokenized securities and further expand its digital asset services in the United States. -Original
6. Vietnam limits cryptocurrency exchange pilot licenses to 5.
The Deputy Minister of Finance of Vietnam announced at a government press conference that the number of licenses for the cryptocurrency exchange pilot project will be limited to 5. Although some companies have begun to prepare related systems and have had preliminary communications with government officials, the Ministry of Finance has not yet received any formal applications. Industry experts have criticized the pilot policy, arguing that the high capital requirements and regulatory uncertainty may make the policy more favorable to large financial institutions, while being detrimental to the innovative development of fintech startups. -Original
7. ARK Invest invests in Securitize to promote the development of asset tokenization.
Cathie Wood's ARK Invest has invested $10 million in the tokenization company Securitize through its venture fund. Securitize previously received support from BlackRock and focuses on the field of asset tokenization. -Original
8. A Bitcoin whale address, dormant for 12.5 years, has been activated.
On October 6, according to Whale Alert monitoring, a Bitcoin address that had been dormant for 12.5 years was activated, holding 691 BTC, currently worth approximately $86.4378 million. The asset value of this address was only about $104,800 in 2013. -Original
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