Coinbase CEO Brian Armstrong stated that fear of hypothetical risks and heavy regulation are one of the biggest threats to innovation, and encouraged developers to continue advancing their work.

Robinhood CEO Vlad Tenev has announced plans to increase the number of stock tokens from 200 to thousands and is advancing the private equity token business.

The US Commodity Futures Trading Commission (CFTC) has received a court ruling in the Fundsz fraud case, with defendants Brian Early and Alisha Ann Kingrey being fined over $30 million. The United States District Court for the Central District of Florida found that the two individuals, as members of the Fundsz board of directors and Telegram group administrators, made false statements about the platform's expected returns, historical trading performance, and investment risks, and claimed that user funds could earn interest income through proprietary algorithm trading. (Source: The Block)

Robinhood CEO Vlad Tenev stated that the trading volume of Robinhood perpetual contracts has exceeded $1 billion, and the index trading volume has reached the $1 billion level. The company will support both on chain and off chain perpetual contracts, and the specific product layout depends on the regulatory environment.

The Hyperliquid development team, HyperLabs, has applied to redeem 3.75 million HYPEs worth approximately $338 million from their respective addresses, with an expected receipt on the evening of October 7th. After these HYPEs are received, they are usually transferred to Flowdesk, an institutional trading platform and market maker.