[Terrence Duffy: CFTC's Regulatory Claim Over Prediction Markets is Weak, Expected to Reach Supreme Court] CME Group CEO Terrence Duffy stated during DC Fintech Week that the CFTC's claim to have regulatory authority over prediction markets is somewhat weak. He expects the dispute to be brought before the Supreme Court and believes that states and tribes will prevail. (Source: The Block)

Goldman Sachs and JPMorgan Chase only underwrite a $1.3 billion term loan for Volta Infrastructure Holdings' $5 billion loan project, refusing to underwrite a $3.7 billion AI chip loan with an interest rate of 11%. The offering includes 36000 Nvidia chips and a Norwegian lease. (Source: Zerohedge)

Blockchain.com has submitted an application to the US CFTC to provide trading services for Bitcoin and cryptocurrency derivatives. （Bitcoin Archive）

[Coinbase Collaborates with International Law Enforcement to Combat West African Crypto Scam Network] From October 6 to 9, Coinbase's Global Intelligence team participated in a joint operation led by the UK's National Crime Agency (NCA) and the U.S. Department of Justice's Fraud Section Task Force. The operation, in collaboration with the Tech Against Scams Alliance and multiple international law enforcement agencies, targeted a West African criminal scam network. During the operation, Coinbase was responsible for tracking illicit fund flows, freezing scam-related assets, and sharing intelligence with law enforcement to counter fraudulent cryptocurrency investments, impersonation of law enforcement officers, and fake video arrests. (Source: Coinbase)

At the beginning of trading, Apple's stock price rose 1.74% to $346.892 per share, with a total market value of $5.06 trillion, setting a new historical high. (Source: MSX. COM)