Data: If the U.S. Federal Reserve raises interest rates by another 75 basis points, annual interest costs on short-term Treasuries alone will rise by approximately $500 billion.

According to Reuters, OpenAI has accused a former employee of sending more than 100 files related to the company’s unreleased devices to his personal account before leaving to join Apple, and subsequently presenting the relevant products to Apple’s senior management. Apple had earlier filed a lawsuit against OpenAI, alleging the latter stole trade secrets of its unreleased hardware products, marking a further escalation of the intellectual property dispute over hardware technology between the two parties.

Ondo Finance has announced that the total value locked (TVL) of its tokenized products stands at $4 billion, with tokenized stocks and ETFs exceeding $1.3 billion. The firm noted it holds the leading position in the tokenized U.S. Treasuries segment, with cumulative holders of all its products surpassing 1 million. Ondo Finance’s tokenized products can be permissionlessly transferred across networks including Solana, Ethereum, and BNB Chain, while Ondo Stocks accesses traditional financial liquidity via a request-for-quote (RFQ) mechanism.

According to Reuters, OpenAI has accused a former employee of sending over 100 files related to the company’s unreleased devices to his personal account before leaving to join Apple, and later presenting the relevant products to Apple’s senior management. Apple had previously filed a lawsuit against OpenAI, alleging the latter stole trade secrets of its unreleased hardware products, as the intellectual property dispute over hardware technology between the two firms further escalates.

According to EmberCN’s monitoring, after the market dropped tonight due to the release of U.S. CPI data, a whale that opened a long position of 20,000 ETH at $1,936 at the very start of this rally two months ago has closed out the position to lock in profits. The address opened the long position of 20,000 ETH on August 19 at $1,936, and closed it today two months later at $2,421.6, generating a profit of $8.93 million. When ETH rose to $2,800 on September 22, its unrealized profit once reached $17.42 million, and the realized profit now is roughly half of that peak unrealized gain.

Standard Chartered Global Head of Digital Assets Research Geoffrey Kendrick said in a Wednesday report that he still forecasts the stablecoin market capitalization will hit $2 trillion, but the timeline for reaching that target has been pushed back from 2028 to 2030 due to stalled supply growth this year. Over the past 12 months, stablecoin supply has hovered roughly between $300 billion and $320 billion, and currently stands at around $309 billion. Kendrick attributes the slowdown to cyclical rather than structural factors, linked to the weak crypto market, noting that similar historical phases are typically followed by expansion as market conditions recover. The report also highlights that stablecoin usage continues to grow: this year’s average monthly on-chain transaction volume is nearly $10 trillion, up from $4 trillion in 2025, with a record of around $19 trillion logged in May alone. Average monthly turnover has risen from roughly 15 times in 2025 to around 30 times currently. USDT has an average monthly turnover of about 7 times, and is mostly used for U.S. dollar savings in emerging markets. USDC’s average monthly turnover has climbed from around 45 times to roughly 80 times, with the stablecoin increasingly utilized for payments, financial transactions, and payments between early-stage AI agents.

Beating AI Express News: AI agent product Manus has launched Manus for Business, which includes two plans: Team Plan and Enterprise Plan. The Team Plan is now live, starting at $20 per paid seat monthly or $200 annually, with 4,000 credits included and free guest seats. It supports Projects that share instructions, files, skills, and connectors across related tasks; admins can enforce specified skills, and the plan offers role permissions, audit logs, SSO, and SCIM for governance. Manus states it prohibits model providers from using Team customer data for training, and holds SOC 2 Type II, ISO 27001, and ISO 27701 certifications. For organizations needing managed accounts, legal retention, SIEM log integration, agent network control, or usage-based limits, the Enterprise Plan is available. Key product capabilities include matching different LLMs to tasks, delivering outputs like research reports and presentations, deploying large numbers of sub-agents in a single task, and building and launching web apps in minutes.