US sanctions cryptocurrency exchange BitBank

The US Senate rejected the CLARITY Act bill with a vote of 49-50. Senator Thom Tillis proposed a motion for reconsideration, and seven Democrats who voted against it stated that they are still committed to legislation on cryptocurrency market structure. However, due to differences in ethical provisions and the Senate's recess on October 2, the time window for reaching an agreement on the bill before 2026 is narrowing. (Source: Cointelegraph)

Ethereum founder Vitalik Buterin stated that artificial intelligence will not threaten the security of cryptocurrencies.

The Shark Tank investor says Congress will face pressure to revive crypto market structure legislation as it moves to establish tax rules for digital assets.

The number of USDT non-zero addresses on the Ethereum chain decreased by approximately 251000 within 11 days, marking the fastest contraction since the FTX event in December 2022. （Santiment）

Kevin O'Leary stated at the Avalanche Summit that ETH will not become the standard for 11 industries, and pointed out the market's demand for trading speed and Avalanche's advantages in multi chain models.