The cause of death of Hsin-Ju, a partner at Hack VC, has been ruled a suicide, and the investigation remains ongoing.

According to HTX market data, major crypto tokens saw slight volatility over the weekend. Bitcoin fell below $84,000 to trade at $83,900, Ethereum at $2,688, and ZEC at $1,542. SOL surged past $120 with a 24-hour gain of 3.4%. BNB is trading at $776. The total crypto market cap rose 0.3% in 24 hours to $2.989 trillion. Altcoin rotation persists, with major DeFi tokens rallying broadly. Top gainers among DeFi tokens: QI at $0.003650 (up 103.57% in 24h), QUICK at $0.01287 (up 32.82%), AERO at $0.8314 (up 18.50%), VELODROME at $0.03558 (up 16.20%), ENA at $0.2656 (up 13.94%), JTO at $0.5670 (up 13.38%), JOE at $0.0414 (up 13.11%), ZRO at $1.611 (up 11.18%); EIGEN, REZ, LDO, KMNO, MET and JUP rose but by less than 10%. Additionally, top gainers among other altcoins include: PHA at $0.0847 (up 66.40% in 24h), ARK at $0.2524 (up 29.44%), MUBARAK at $0.05650 (up 26.29%), SEI at $0.07638 (up 20.80%), SUI at $1.1773 (up 12.57%), WLD at $0.4898 (up 10.89%).

A newly created wallet, 0xbe51, has withdrawn 428,640 $HYPE ($39.23M) from #Bybit, #Kraken, #Wintermute, #Gate, and #OKX over the past 8 hours.

The U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance released an updated Frequently Asked Questions (FAQ) on September 25, clarifying that token repurchases, network upgrades, and marketing statements do not automatically render crypto assets securities. SEC staff noted that announcing a repurchase plan for an already operational crypto network does not in itself make the associated tokens an investment contract; however, if the network is not yet live and the issuer promotes repurchases as a source of returns for holders, that could be a different matter. The FAQ also clarifies that once a crypto system is operational, services provided to safeguard, maintain, improve, or enhance the system or its functions, or to promote network effects, do not constitute managerial efforts under the Howey Test. Marketing a network’s existing uses generally does not create an expectation of profit, nor do statements about future functions—provided such statements do not highlight profit potential. The update reaffirms that conclusions will remain highly case-specific, building on the SEC’s March interpretive release on the application of securities laws to crypto assets. On the same day, the Commodity Futures Trading Commission (CFTC) updated its crypto FAQ, allowing futures firms and clearinghouses to invest customer funds in tokenized versions of previously permitted assets, provided they meet investment and custody requirements. CFTC staff also stated that regulated entities may use blockchain for record-keeping, but must still be able to produce records if the blockchain or its block explorer is unavailable. The two updates come as the CLARITY Act failed to advance in the Senate, with regulators continuing to advance a crypto regulatory framework under existing laws.

Beating AI Express (Dongcha) News: Anthropic has disclosed that Claude Fable 5.1 completed a nine-loop theoretical particle physics calculation within Claude Science, deriving the six-particle scattering amplitude for planar N=4 super Yang-Mills theory. Scattering amplitudes are used to calculate the probability of particle interactions. A higher loop count means more corrections are added, making calculations more challenging. This specific problem had previously only been solved publicly up to eight loops. No manual human intervention was involved this time: two Anthropic physicists first instructed Claude on the task, then let it operate largely autonomously, with progress updates every 4 to 6 hours. Claude ultimately arrived at results via two distinct approaches. The direct approach used Python and SymPy, running on 96 CPUs for a week at a compute cost of roughly $100; factoring in the cost of repeated Claude API calls, each full approach cost between $1,000 and $2,000. The results were independently verified by Lance Dixon, a physicist at SLAC and Stanford who participated in the earlier eight-loop study. Dixon said he had originally believed a nine-loop amplitude would be too difficult to calculate directly. Claude did not develop new physics methods; it primarily executed the methods, constraints, and extensive tedious calculations established by researchers in prior work. Meanwhile, He Song’s team at the Institute of Theoretical Physics, Chinese Academy of Sciences, has also independently advanced to nine loops with GPT-6 assistance, and obtained the main portion of the results.

At the close of U.S. stock trading, per BIT (bit.com) market data, the Dow Jones Industrial Average rose 0.93%, the S&P 500 gained 0.51%, and the Nasdaq added 0.48%. Semiconductor, storage, and optical communications sectors saw broad gains, while crypto-related stocks declined across the board. Apple rose more than 1% to hit a new all-time closing high, with its total market value approaching $5 trillion. Semiconductor and storage sector performance: Seagate Technology (STX) up 1.20%; Western Digital (WDC) up 1.44%; SanDisk (SNDK) up 1.38%; Micron Technology (MU) up 0.16%; NVIDIA (NVDA) up 0.22%; Intel (INTC) down 3.45%; Advanced Micro Devices (AMD) up 0.22%. Crypto-related stocks declined across the board: Strategy (MSTR) down 1.86%; Coinbase (COIN) down 2.06%; Circle (CRCL) down 4.30%; BitMine Immersion (BMNR) down 1.68%; SharpLink Gaming (SBET) down 3.22%. Optical communications-related stocks saw broad gains: Pure Photonics ETF FOTO up 1.57%; Marvell Technology (MRVL) up 1.15%; AAOI (Applied Optoelectronics) up 0.37%; LITE (Lumentum Holdings) up 1.36%; COHR (Coherent Corp.) up 1.80%; CIEN (Ciena Corporation) down 0.42%; FN (Fabrinet) up 4.78%; AXTI (AXT Inc.) up 4.01%; NOK (Nokia) down 0.38%.

Anthropic is in preliminary negotiations to lease up to 1 gigawatt of computing capacity from a data center developer owned by Apollo Global Management, a major move to reduce its reliance on cloud service providers. According to people familiar with the talks, Anthropic is exploring becoming a direct tenant of projects developed by Stream Data Centers, a 27-year-old firm with data center facilities across multiple U.S. locations. Anthropic plans to deploy tensor processing units (TPUs) designed by Broadcom and Google in the data centers.