tru

According to TheEnergyMag, Galaxy Digital (GLXY) has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank in New York, providing fiduciary investment consulting and digital asset services.This move aims to integrate the company's business under the federal regulatory framework.

On October 29, KR1 plc, a company listed on the main board of the London Stock Exchange that focuses on on-chain infrastructure, announced the launch of its technical infrastructure operations on the decentralized artificial intelligence network Bittensor. The company stated that it has recently acquired 5,000 network-native assets TAO and has initiated staking as part of its technical infrastructure strategy. Based on the reward rate observed on October 28, the company estimates that the annualized infrastructure income is approximately equivalent to 6.6% of the current value of the deployed TAO holdings.The announcement stated that Bittensor is a layer blockchain that supports subnets, covering services such as AI inference, computing power, training, and prediction, where independent suppliers compete for network rewards based on performance. KR1 supports the assessment of service provider performance through staking and receives a portion of the network rewards. There is no mandatory unbonding period for TAO unstaking, allowing the company to retrieve its holdings immediately after unstaking. Rewards can be retained to expand the scale of productive assets or can be liquidated for subsequent investments and operational costs. The company will also disclose its TAO holdings and related infrastructure income in monthly unaudited updates.Keld van Schreven, Managing Director and Co-Founder of KR1, stated: "As artificial intelligence enables more complex tasks to be performed by software, the demand for infrastructure related to supply-side intelligence is expected to grow significantly. Bittensor introduces open competition for the supply of AI services, and the company is focused on how its incentives are forming services that lead to continuous customer payments, as well as how to deploy TAO holdings to enhance the value and income potential of productive digital assets per share." KR1 claims to be the only publicly listed company on the main board of the London Stock Exchange that focuses on on-chain infrastructure, holding and operating productive digital assets on the relevant network.

According to The Defiant, the number of active addresses for the Ethereum Layer 2 scaling solution Arbitrum rose to 1.09 million on October 28, setting a new 30-day high.Data shows that the increase in the number of transactions on that day was significantly lower than the increase in active addresses, while the fees paid by users remained roughly at the median level of the previous week.

According to the Digital Currency Research Society, on October 27, Beijing Bank released a public tender announcement for the procurement project of firewall equipment for digital currency business in 2026 through the official centralized procurement management system. Along with the previously announced procurement projects for IPS, encryption machines, WAF, SSL, signature devices, etc., the bank has officially launched a centralized upgrade of the full-chain security infrastructure for digital renminbi business, covering core security nodes such as intrusion defense, encrypted transmission, web application protection, and identity signing.In April of this year, Beijing Bank became a newly added operational institution for digital renminbi business and connected to the central bank's digital renminbi system. In August, the central bank added 8 more operational institutions, expanding the total to 30. Previously, several newly added operational institutions, such as Huishang Bank, Hangzhou Bank, and Guangxi Beibu Gulf Bank, had initiated tenders for core digital currency systems worth tens of millions. The report pointed out that Beijing Bank's inclusion of various security devices such as firewalls and encryption machines in centralized procurement is a proactive security layout to adapt to the new features of digital renminbi, such as high-concurrency transactions and programmable smart contracts.

Samsung Electronics stated that the investment plan for the chip division will be used to build new fabs and other infrastructure to meet strong demand for AI and HPC, while ensuring readiness in the medium to long term.

P2P cryptocurrency trading platform Peer announced that its beta version now supports users to buy and sell USDC using Alipay in Renminbi. Users can pay sellers in Renminbi to purchase USDC or sell USDC and receive Renminbi through Alipay, with the USDC locked in an on-chain custody contract during the transaction, released after payment verification.Peer stated that since August 21, 45 buyers have completed 107 related orders, with a transaction volume of approximately $7,094. Alipay's official response stated that Alipay does not support virtual currency trading and related services, and claims by third-party platforms that Alipay supports cryptocurrency purchases are false and unauthorized, reminding users to be cautious about their funds and account security.

According to a report by Yicai, driven by rising international oil prices, the energy sector has become the best-performing sector of the S&P 500 index in 2026. As of October 27, the S&P 500 Energy Index has risen approximately 52% year-to-date, reaching a historical high, while the S&P 500 index has increased nearly 13% during the same period. Brent crude oil and WTI crude oil have risen over 70% and nearly 75% year-to-date, respectively, with U.S. energy companies' profits growing over 100% compared to the same period last year.A report from the U.S. Congress Joint Economic Committee shows that U.S. President Trump has seen his personal wealth increase by as much as $35.8 million this year due to holdings in oil and gas stocks, with net holdings in the sector reaching $81.6 million, nearly doubling since the end of 2025. A White House spokesperson stated that his portfolio is independently managed by third-party financial institutions.The report also points out that the surge in oil prices has led to a year-on-year increase of about 40% in the retail cost of regular unleaded gasoline, reaching $4.246 per gallon. Since March 1, U.S. consumers have spent approximately $145 billion more year-on-year on gasoline and diesel, making energy costs a key issue in the midterm elections.

According to a report by Reuters citing informed sources, Trump Media & Technology Group (DJT.O) has signed agreements with Bloomberg, quantitative trading and market-making giant Hainar International, and Jump Trading to obtain posts released by Trump more quickly.

Federal Reserve Chairman Waller stated not to trust forward guidance unless a crisis occurs.

According to Bloomberg, Anthropic warned in its IPO-related documents that its public advocacy for AI safety regulation and statements from executives may expose the company to risks such as pressure from the Trump administration and selective scrutiny. This risk is related to the company's multiple conflicts with the Trump administration, including disputes over requests to impose safety restrictions on the use of its AI technology by the Department of Defense, as well as disagreements regarding the safety of the Mythos model and export controls.Anthropic also warned that even if other similarly situated companies are not treated equally, Anthropic may still become a specific target for certain departments of the Trump administration. Future export restrictions and cybersecurity or biosafety incidents triggered by AI models could impact its product deployment, international expansion, and business growth.The company also acknowledged that once the regulatory measures it advocates are implemented, they may increase compliance costs, restrict product development and release, and slow its own growth.

According to a report by China News Service citing Reuters on the 27th, the latest poll from Reuters/Ipsos shows that just before the U.S. Congressional midterm elections on November 3, President Trump’s public approval rating has slightly risen to 32%, an increase of 1 percentage point from last week’s historic low.The poll indicates that if the Congressional elections were held now, 47% of registered voters would support the Democratic Party, 36% would support the Republican Party, and about 11% are uncertain about which party to support. The gap between the two parties is 11 percentage points, narrowing by 1 percentage point from the Reuters/Ipsos poll that ended on October 19.This five-day online poll collected feedback from 1,679 American adults, including 1,280 registered voters. The sampling error for all adult respondents is 2 percentage points, and the sampling error for registered voters is 3 percentage points. The report states that the Republican Party is striving to maintain its majority in the House of Representatives and the Senate.

Deutsche Bank strategists stated that the U.S. Treasury has asked primary dealers to provide insights on changes in investor demand and the scale of future Treasury auctions, indicating a weakening demand for long-term U.S. Treasury bonds. As the Treasury faces greater financing needs, it may shorten the maturity structure of new bond issuances in the future.

The Chief Information Security Officer of Slow Fog, 23pds, stated that the data breach at Coinbase has been confirmed, but it has not yet been confirmed whether passwords or funds have been stolen. Hackers obtained contact information for over 70,000 users.

The cryptocurrency industry has spent approximately $176 million in this round of the U.S. midterm election cycle, covering over 100 elections, aiming to establish a bipartisan network of congressional allies to continue advancing legislative demands after Trump's departure. As of October 20, the super political action committee Fairshake and its affiliated organizations have spent about $150.8 million, with other cryptocurrency organizations spending around $25 million, major funders including Coinbase, Ripple, and a16z.Fairshake claims that among the 58 candidates it supported in primaries or special elections this year, 53 won. The organization supported bipartisan candidates in the House elections; after Senate Democrats blocked the CLARITY Act from reaching a final vote, it decided to support only Republican candidates in the Senate elections.The industry's spending in the Ohio Senate election has exceeded $68 million, focusing on long-time critic of the cryptocurrency industry Sherrod Brown, with related advertisements mostly avoiding mentioning cryptocurrencies and instead focusing on issues like taxes. Pushing for the passage of the CLARITY Act is a core goal of the industry, but the bill has stalled in this Congress. JPMorgan analysts indicate that without the bill, rules set by regulators during Trump's term may be overturned by subsequent administrations.

U.S. President Trump stated that he will soon officially ban the term "artificial intelligence (AI)" in all relevant documents.

According to The Washington Post, U.S. President Trump will announce the easing of regulations related to methane leaks from oil companies.