Arthur Hayes: I bet that Bitcoin will surpass $110,000 before retracing to $76,500

Beating AI Express News: Developer Henry has open-sourced the ESP32 iPhone Agent. Using just a XIAO ESP32S3 development board priced at around 40–50 yuan, paired with a mobile app, this tool enables AI to operate a physical iPhone—opening apps, tapping buttons, and swiping the screen. It requires no jailbreaking and does not rely on Apple’s XCTest testing permissions; its implementation is clever. The ESP32 creates its own Wi-Fi hotspot to act as an AirPlay screen-casting receiver. The iPhone streams its screen to the development board, which does not handle decoding. Instead, it sends compressed video back to the Agent app on the same phone via Bluetooth. The app calls a vision model to identify the interface and determine the next action, then sends commands via Bluetooth to the ESP32, which simulates USB mouse and keyboard operations on the iPhone. To avoid tap position offsets, the system automatically calibrates the mouse pointer and adjusts its position based on the screen when needed. This solution combines screen reception and input simulation using a standard ESP32-S3, eliminating the need for dedicated video capture hardware like the NanoKVM Go. The Agent runs directly on the iPhone, while model inference relies on external APIs or self-hosted servers. Since the phone’s Wi-Fi is occupied by the development board’s hotspot, model access defaults to cellular data. Initial firmware flashing and compilation/installation of the iPhone app still require a Mac and Xcode. Limited by Bluetooth bandwidth, the streamed screen has a resolution of only 480×1040, with a maximum frame rate of 5 FPS. Each operation typically takes several seconds. Currently, touch coordinates only work with vertical interfaces, keyboard input is limited to ASCII characters, and screen casting cannot continue after the iPhone is locked.

DWF Labs said in a post that the market has not yet fully priced in the potential of the integration between artificial intelligence (AI) and the crypto sector. As agent trading and payments gradually gain traction, AI can help retail investors process more information, make decisions faster, and build their own capital management infrastructure, but relevant capital has not yet flowed into the crypto industry on a large scale. DWF Labs listed its key focus areas as follows: DePIN to address AI’s bottlenecks in data, energy, and distributed inference computing power; identity verification for an environment with a growing number of agents; and payments using crypto assets as a settlement method for AI inference services.

According to official announcements, Binance Alpha will be the first platform to list NeoSoul (DNA). Listing and trading on Binance Alpha will launch at 16:00 UTC+8 on October 16, 2026. Users holding a minimum of 245 Binance Alpha points are eligible to claim the token airdrop. Qualified users can claim 400 DNA tokens via Binance Alpha’s activity page on a first-come, first-served basis. If the activity remains ongoing, the required score threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop will deduct 15 Binance Alpha points from users’ accounts. Users must confirm their airdrop claim on the Alpha activity page within 24 hours; failure to do so will result in forfeiture of the airdrop.

Beating AI News Flash: Perplexity has open-sourced SPACE, the underlying sandbox platform powering its Computer, under the Apache 2.0 license. Built on Firecracker, SPACE creates independent micro virtual machines (VMs) for each agent task. AI can gain root access to freely install software and run commands within these VMs, but cannot directly control the host machine. API keys are managed by the system outside the VMs, and all external network connections are routed through a dedicated gateway for inspection to prevent agents from accessing resources beyond their permissions. SPACE also supports long-running agent tasks: it saves the VM’s memory, runtime state, and files, allowing tasks to resume after pausing, or even fork from the same progress to test different approaches, eliminating the need to restart from scratch every time an interruption occurs. Perplexity stated it replaced its original commercial sandbox service with SPACE in July this year, and currently creates millions of sandboxes daily. Compared to the previous service, the median sandbox creation latency dropped from 185 milliseconds to 60 milliseconds, a roughly 3x speed improvement.

Sweden’s central bank is re-evaluating the launch of a digital krona, citing the European Central Bank’s (ECB) progress on its digital euro plans and rising stablecoin usage as key reasons for reconsidering a central bank digital currency (CBDC). The Riksbank sent a letter to the Swedish parliament’s finance committee on October 7, which was made public Thursday, urging lawmakers to begin drafting legislation for a potential future digital krona. Three years ago, a Swedish government survey concluded there was insufficient justification for issuing a digital krona at that time. In the letter, the central bank notes the ECB plans to launch a digital euro pilot in 2027 and could officially roll out the digital currency to the public by 2029. Sweden’s central bank warns that failing to issue a digital version of its domestic currency could erode the competitiveness of its payment system. It also views growing usage of foreign currency stablecoins—particularly dollar-pegged stablecoins—as a long-term concern, though such risks remain limited in the short term.

A federal judge in New York has dismissed a joint motion filed by the U.S. Commodity Futures Trading Commission (CFTC) and crypto exchange Gemini. The two parties had previously sought to vacate a consent order issued in January 2025, which required Gemini to pay a $5 million civil penalty and imposed a permanent injunction on the platform. On Thursday, U.S. District Judge Alvin Hellerstein of the Southern District of New York rejected the joint application, stating the reasons put forward by both sides were insufficient to warrant a rehearing of the case. The consent order stemmed from a lawsuit filed by the CFTC in 2022. The CFTC alleged that Gemini made false or misleading statements about material facts to agency staff during the regulator’s review of a proposed bitcoin futures contract. The consent order, reached three weeks before the scheduled trial start, required Gemini to pay the $5 million civil penalty, which the exchange has already completed. Additionally, the order permanently bars Gemini from making false or misleading statements to the CFTC or omitting relevant information.