On October 2nd, Martha Pacold, a federal judge for the Northern District of Illinois, partially approved the preliminary injunction applications of Kalshi, Coinbase, and the US government, ruling that the state's sports betting license system and related criminal provisions are subject to federal law and temporarily prohibiting them from requiring Kalshi to hold a state license. The judge determined that Kalshi's "Champion Match" contract is a swap under the Commodity Exchange Act, which must be traded in a designated contract market and is not subject to state regulation. This is Kalshi's first federal victory since the Minnesota case in July. (Source: Bitcoin.com)

SpaceX seeks to raise $40 billion in funding, led by Apollo Global Management, for the procurement of Nvidia chips. The financing plan includes $10 billion in bank loans and $30 billion in investment grade debt, expected to be completed by 2027, with Pimco and other institutions participating in financing negotiations. SpaceX's credit rating is BBB, and the bonds can be purchased by institutional investors such as insurance companies and pension funds. Musk stated that SpaceX adopts NVIDIA technology and believes that the Vera Rubin architecture is currently the best AI computing architecture. After obtaining an investment grade rating in June, SpaceX issued $25 billion in senior bonds.

1. Federal Reserve Daley: Based on the evolution of macroeconomic data, policymakers may need to tighten monetary policy 2. Hong Kong will submit a virtual asset service licensing system bill by the end of this year, covering trading, custody, consulting, and management 3. The US trade deficit surged to $105.6 billion, reaching a 17 month high 4. The UAE Sovereign Wealth Fund holds nearly $1 billion in Bitcoin 5. FNB, the second largest bank in South Africa, will launch Bitcoin trading services for 9 million customers 6. Hong Kong confirms to formally submit Bitcoin and Cryptocurrency Bill this year 7. Trump says strong dollar won't bring inflation, considers suspending federal gasoline tax The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/554598

The Japanese Ministry of Health, Labour and Welfare stated that actual wages in August increased by 1.5% year-on-year, marking the eighth consecutive month of growth and lower than the revised 2.0% increase in July. In August, nominal wages increased by 3.8% year-on-year, basic wages increased by 3.8% year-on-year, and overtime pay increased by 5.2% year-on-year. The Ministry of Health, Labour and Welfare calculates real wages using an inflation rate of 2.2%. Tokyo's core CPI rose to a 10 month high in September.

Hyperliquid Labs has confirmed that its headquarters are located in Singapore, and the Monetary Authority of Singapore (MAS) has stated that Hyperliquid is not under regulatory jurisdiction and is not aware of any major jurisdictions that regulate it. Hyperliquid Labs states that Hyperliquid is currently unregulated and has never claimed to be licensed or authorized by MAS. (Source: Financial Times)