Chainalysis report shows that the size of the North American crypto economy has reached $3.02 trillion, with the United States dominating

Patrick Witt, the Executive Director of the White House Cryptography Committee, declined to comment on whether his secondment has expired or is about to expire. Witt is an employee of the US Department of Defense and is expected to resume service in the Georgia National Guard soon. Harry Jung, the Deputy Director of the White House Cryptography Committee, resigned at the end of July, and David Sacks' tenure as the Crypto and AI Tsar has ended. Currently, the personnel changes have not been officially confirmed by the White House.

Tarek Mansour, CEO of prediction market company Kalshi, stated that if US courts support states having gambling regulatory authority over such businesses, Kalshi will be forced to relocate overseas. Despite two federal courts ruling against this viewpoint, Tarek Mansour still expressed confidence in Kalshi's legal status in the United States. (Source: Bloomberg)

CEO Tarek Mansour said he feels "pretty good" about the pending outcome of the current legal fight over who has the right to regulate prediction markets.

OpenAI has appointed former xAI executive Uday Ruddarraju to lead its infrastructure and computing business. Sachin Katti, the former head, will step down in the coming weeks and become a consultant. Richard Ho will be responsible for GPT Infra work. Uday Ruddarraju joined OpenAI last year and became the Chief Technology Officer of the Computing Department in July of this year. The team responsible for data center procurement, financing, and construction at OpenAI has undergone frequent personnel changes recently, and several executives related to data center construction and Stargate project have resigned. (Source: Bloomberg)

The price of Binance WAL/USDT has reached a new high in nearly three months, now trading at 0.05591 US dollars, up 43.43% in 24 hours, with a turnover of 26.23 million US dollars. After reaching a new high in price, there is a high probability of a price correction. (AiCoin Research Institute)