[Hong Kong SFC Adds Finanx AI to Unlicensed Companies List for Suspected Token Promotion Violations] The Hong Kong Securities and Futures Commission (SFC) has added Finanx AI to its list of unlicensed companies. The entity is suspected of promoting FNXAI and 1FNXAI tokens in Hong Kong while claiming high returns. FNXAI and 1FNXAI tokens were included in the alert list of suspicious investment products on September 30, 2026. The entity is not licensed or registered under the Securities and Futures Ordinance to conduct regulated activities in Hong Kong.

Union Square Ventures (USV) has announced the raising of $900 million in a new fund to support startups in the fields of AI, robotics, manufacturing, and energy.

Raheim Hamilton, co-founder of Empire Market, was sentenced to 40 years in federal prison and fined $5 million in Chicago. Raheim Hamilton agreed to confiscate 1230 bitcoins, 24.4 ether coins, and 3 properties. The platform facilitated over 4 million transactions with a total amount exceeding 430 million US dollars between 2018 and 2020. Investigators have seized $75 million in assets, and the sales of drugs involved are close to $375 million. (Source: Bitcoin.com News)

AguilaTrades (0x1f25... F925) shorted 200 BTC with 40 times leverage after losing $331000 in long BTC, with a position value of $16.35 million and a liquidation price of $82703.

Bitcoin life insurance company Mean has completed a $37 million financing round, led by Bain Capital Crypto, Haun Ventures、Framework Ventures、Pantera Capital、Apollo、Northwestern Mutual Future Ventures Invest with Morgan Creek Digital to meet the demand for Bitcoin denominated life insurance in Asia, Europe, and the Middle East. (Source: Axios)