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2026/10/31
OpenAI Reduces Fundraising Target from $300B to $200B, Valuation Falls to $1.25T
Odaily Planet Daily reports that OpenAI has reduced its fundraising target by $10 billion in its latest round and is now accelerating efforts to finalize the deal. This comes amid a sell-off in publicly traded AI-themed stocks and growing concerns as its largest competitor, Anthropic, prepares for i
Maple Locks $280M in XRP Collateral, Maturity Dates in December and January Pose Liquidation Risks
Maple reported about 225 million XRP, worth roughly $280 million, backing loans financed through Ethereum pools. Three disclosed XRP-backed positions have approximately $151.8 million in principal, assuming USDC and USDT each equal one dollar. The positions mature in December and January. Borrowing
Privacy Blockchain Iron Fish Confirms Inflation Vulnerability, Ends Remaining Support
According to Huoxing Finance, the official team behind the privacy blockchain Iron Fish has announced that it will formally terminate all remaining support for the Iron Fish network effective today. The team stated that several days ago, they observed anomalous activity involving wIRON and the Chain
Philadelphia Semiconductor Index Drops 7.2%, Intel Falls 28.58%
Odaily Planet Daily report: According to MSX.COM data, at the close of U.S. markets, semiconductor stocks suffered heavy losses, with the Philadelphia Semiconductor Index dropping 7.2%—its largest decline since June. Intel fell 28.58%, marking its biggest single-day drop in over four decades. SanDis
Whale or institution sells 912,383 HYPE for an $8.03M profit
ChainCatcher report: According to on-chain analyst Yujin, 912,383 HYPE tokens (approximately $82.09 million) were consolidated and transferred to the institutional trading platform FalconX two hours ago. These HYPE tokens were accumulated one to two months ago via Coinbase Prime and FalconX at an av
Philadelphia Semiconductor Index Falls 7.2%, Worst Decline Since June
ChainThink reports that, according to MSX.COM data, the Philadelphia Semiconductor Index fell 7.2% after the close of U.S. stock markets on October 31, marking its largest decline since June.Individually, Intel fell 28.58%, recording its largest single-day decline in over forty years; SanDisk droppe
How to Handle Tax Notifications Involving Cryptocurrency Income
Author: Attorney Yang HongRecently, individuals holding overseas accounts, using overseas platforms, or receiving cross-border income have received messages, phone calls, alerts from the Individual Income Tax app, and even formal Notices of Tax Matters regarding their overseas income.If income invol
IRS Announces December Tax Disclosure Rule; 'Bitcoin Jesus' Pays $49.9 Million in Back Taxes
Original | Odaily Planet Daily (@OdailyChina)Author | jkThis month, the head of the IRS Criminal Investigation division revealed new regulations allowing voluntary disclosure of unreported taxes by December, with reduced penalties for those who proactively file. Roger Ver, known as "Bitcoin Jesus,"
Whale/Institution transfers 912,383 HYPE to FalconX, expected profit $8.03M
Odaily Planet Daily report: According to on-chain analyst Yujin, a large whale/institution transferred 912,383 HYPE tokens to the institutional trading platform FalconX two hours ago, valued at $82.09 million. These HYPE tokens were accumulated one to two months ago via Coinbase Prime and FalconX at
Circle Expands CCTP to Support Non-USDC ERC-20 Tokens Across Multiple Chains
Huoxing Finance reports that Circle has released a developer guide outlining how token issuers can enable cross-chain transfers of ERC-20 tokens other than USDC via CCTP. Issuers can deploy new native cross-chain tokens or configure existing ERC-20 tokens with custom CCTP connections; both methods l
AI Law Firm Crosby Bids for Assets of Failing Weil Gotshal
CoinDesk reports:Like an episode of the real-life “Suits,” the decline of Wall Street’s longtime “white-shoe” firm Weil, Gotshal & Manges has been a hot topic in the legal industry this week. Now, Silicon Valley has joined the drama.TechCrunch has confirmed that Crosby, a two-year-old AI-first law f
2026/10/30
Circle Releases Guide for Third-Party ERC-20 Tokens to Integrate with CCTP for Cross-Chain Transfers
Circle releases guide on how third-party ERC-20 tokens can integrate with CCTP for cross-chain transfers. According Jinsecai, on October 31, Circle published a developer guide detailing how token issuers can enable cross-chain functionality for ERC-20 tokens beyond USDC via the Cross-Chain Transfer
Gold Price Hits Yearly Low Amid Fed Rate Hike Fears
Gold dropped below $3,900 per ounce on October 30, reaching the lowest price of 2026. Gold now trades about 30% below the January high. Expectations of tighter Federal Reserve policy explain much of the decline, although analysts differ over the potential depth of the correction. The latest decline
Anthropic May List on Nasdaq With Junk Rating, Project North Star Secures $63B Financing
The Financial Times, citing people familiar with the matter, reported that Blackstone warned investors that Anthropic may initially receive a non-investment-grade credit rating after listing. The investors are participating in a $63 billion chip financing for Anthropic, the developer of Claude. Blac
Elon Musk Donates $445M to Republicans Ahead of 2026 Midterms
Elon Musk has contributed more than $445 million to Republican political groups before Tuesday's midterm elections. AP identified Musk as the largest known individual donor in the 2026 midterms. Musk's contributions exceed the roughly $290 million Musk donated in 2024.Biographer Walter Isaacson said
