OpenAI's head of computing power, Sachin Karti, will resign next month
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Sachin Karti, the head of OpenAI's computing power, will resign next month. Previously, Sachin Karti was responsible for the Stargate data center project and signed agreements with suppliers such as Amazon Web Services.
Hyperliquid founder Jeff Yan stated that regulatory obligations should be borne by financial companies operating markets on the Hyperliquid blockchain, rather than the blockchain itself. This distinction enables Hyperliquid to expand its business to Wall Street without bearing the full compliance burden of traditional exchanges. (Source: Bloomberg)
Hyperliquid founder Jeff Yan expressed his hope that US regulators will consider L1 blockchain as infrastructure rather than an exchange, and shift compliance pressure to institutions operating trading markets on the chain. This scheme utilizes regulated intermediaries such as Bitnomial and Kraken to enable domestic users in the United States to access perpetual contracts without the need for complete exchange registration. The offshore structure of the agreement faces opposition from Congress and the CFTC. (Source: Bloomberg)
Michael Sellers stated that Strategy intends to make investors accept the sale of Bitcoin as part of its financial strategy. When Strategy initially sold 32 bitcoins, the market overreacted, and subsequently the market digested the sale of thousands of bitcoins without any negative impact on the price. Michael Thaler stated that when it is in the interests of shareholders and credit investors, Strategy must be able to buy and sell Bitcoin. (Source: Bitcoin News)
[Starknet Initiates Vote to Explore Transition into Independent Post-Quantum L1 Network]
On October 8, StarkWare announced the exploration of the possibility for Starknet to evolve into an independent post-quantum L1 network. The Starknet community has initiated a non-binding vote to assess the level of support from STRK holders for researching this direction. Voting options include support, opposition, and neutrality. Casting a vote in favor only signifies support for research and does not imply approval of the transition; any future transition will require a separate governance process.
