Polymarket CEO Shayne Coplan stated that the pursuit of hundredfold tokens belongs to irrational exuberance and the game of passing the buck. Polymarket users tend to participate in event trading with predictable odds rather than searching for hundredfold tokens. Polymarket predicts a trading volume of 1.21 billion US dollars in the past 7 days, while Kalshi predicts a trading volume of 2.3 billion US dollars during the same period. Several states in the United States have taken legal action against Polymarket, Kalshi, or both regarding sports event contracts, and multiple countries and regions have restricted or blocked access to Polymarket. (Source: Cointelegraph)

The yield of the US 10-year treasury bond bond rose to 5.3496%, the highest level since 2002.

The spot gold price fell below $4080 per ounce, with a intraday drop of 2.01%.

Illia Polosukhin, co-founder of NEAR Protocol, stated that the improvement of on chain trading and financial instruments is reducing users' dependence on centralized exchanges. NEAR has integrated cross chain spot trading, perpetual contracts, tokenized stocks, and revenue products through near.com, and plans to add selective disclosure functions for bank withdrawals, tax records, and privacy transactions. Illia Polosukhin believes that AI agents may become an important entry point for on chain markets in the future, where users can express their needs through natural language and tasks can be executed by AI agents. NEAR has partnered with Monerium to expand the Euro fiat currency channel and access tokenized stocks through Ondo Finance. (Source: The Block)

[Genius Group Resumes Bitcoin Treasury Purchases, Acquires 10 Bitcoins] U.S.-listed company Genius Group has resumed its Bitcoin treasury purchase plan, acquiring 10 Bitcoins between October 2 and 5 for approximately $854,000, with an average price of $85,364 per Bitcoin. This purchase is part of its $1.2 billion capital allocation plan, which aims to allocate $827 million to Bitcoin and $800 million to AI assets. The company plans to increase its total asset size to $2 billion by the fiscal year 2031. (Source: Globenewswire)