U.S. CFTC Acting Chairman: Enforcement Division Restructured, Refocused on Combating Fraud

The Drift Protocol exploiter, who stole over $270M, deposited another 24,885 $ETH($61.3M) into #TornadoCash and still holds 56,569 $ETH ($139.3M).

According to POLITICO, U.S. congressional Democrats are developing plans for a potential new round of oversight investigations, with Elon Musk and his companies as key targets. If Democrats regain control of the House of Representatives after the November midterm elections, SpaceX’s government contracts, federal subsidies awarded to Tesla, and Musk’s actions during his tenure leading the Department of Government Efficiency (DOGE) will likely face congressional probes. The report notes that multiple senior Democratic lawmakers and congressional aides are discussing investigative actions that various committees could take, covering issues including government fund usage, potential conflicts of interest, sensitive data access permissions, and SpaceX’s provision of military satellite communications services to Ukraine. Sara Guerrero, spokesperson for Robert Garcia, the top Democrat on the House Committee on Oversight and Reform, stated that Democrats have numerous questions about Musk’s activities during his time at DOGE and plan to launch investigations into the matter. A spokesperson for Musk did not respond to POLITICO’s multiple requests for comment. At present, the relevant investigations remain largely in the planning and discussion stages, and whether they can formally advance depends on the congressional power dynamic after the midterm elections.

NVIDIA CEO Jensen Huang stated at the GTC conference held in Berlin that all telecom operators will provide AI computing power in the future, and telecom base stations are expected to evolve into distributed AI networks. He compared the AI economy to a five-layer cake consisting of energy, computing power, AI factories, models, and applications. During his presentation, Huang pointed out that only NVIDIA’s logo appears on the computing power layer. Other layers include energy enterprises such as Siemens Energy and Schneider Electric, AI factory builders Nscale and Firebird, as well as European AI model firm Mistral, legal AI company Legora, and translation tool DeepL, among others. Huang also noted that constructing a 1-gigawatt data center currently costs approximately $50 billion, covering expenses including land, power, construction, computing equipment, storage, and cooling. (Source: Jiemian News)

A netizen asked Duan Yongping questions about his investment in Pop Mart, to which Duan replied: "I should buy some more, but won’t exceed 10% of the company’s shares—otherwise the company would have issues, haha. At most, I held around 10% of NetEase’s shares. Now it makes me look like a Pop Mart agent. I don’t want to answer such questions anymore; I’ve already shared all my views, and you’ll see if I’m right in a few years."

Whale HoYd72 is selling $SOL, depositing 240,000 $SOL ($25.3M) into #Binance, #OKX, and #Bybit over the past 24 hours.

Aethir today announced a major adjustment to its ATH token economic mechanism. Starting November 2026, the platform will burn a portion of daily network fees in ATH tokens, sending the burned tokens permanently to the public burn address 0x000...dEaD, with the burn volume fluctuating based on actual network computing power usage. Concurrently, fixed platform fees will be replaced with variable network fees, with rates calculated in real time via TWAP to reflect market conditions: rates drop and burn ratios rise during weak market periods. The Cloud Host emission schedule remains unaffected, with fees capped at a level that never exceeds the value of Host rewards. A burn dashboard will launch alongside the first burn, and the mechanism has passed CertiK’s audit.