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Taiwan Semiconductor Manufacturing Company (TSMC) has fully started production at its first wafer fab in Singapore, driven by demand for AI infrastructure.The factory is a joint venture with NXP and began trial production in June, achieving a yield rate of 99%. Mass production is planned for early 2027. TSMC holds approximately 19% of the shares.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Singapore Open: Tatyana Prozorova vs. Alexandra Ayala," the sub-market "Singapore Open: Tatyana Prozorova vs. Alexandra Ayala" saw a dramatic fluctuation in the winning probability for the option "Tatyana Prozorova," soaring from 2.25% an hour ago to the current 35.85% (a fluctuation of 33.6%). Please note the impact of relevant breaking news.

According to official news, Tether, corporate and institutional bank Pave Bank, and the Singapore non-profit organization GFTN (Global Financial and Technology Network) signed a Memorandum of Understanding (MoU) on September 24, 2026, to jointly explore the launch of the "Georgia-Singapore FinTech Scholar Program."The program aims to select outstanding STEM undergraduates from Tbilisi State University to study for one semester at Singapore Management University starting in 2027. The content will cover academic courses, industry exchanges, mentorship, and a graduation project focusing on the Georgia-Southeast Asia FinTech corridor. Participants will also have the opportunity for internships with partner organizations and access to GFTN's global knowledge network resources.Tether CEO Paolo Ardoino stated that this collaboration aims to open global opportunities for young talent and help build a more inclusive financial future.

On September 24, WEEX Exchange announced that it will hold TOKEN2049 Singapore · WEEX Alpha Suite from October 7 at 9:00 to October 8 at 18:30 (GMT+8) at Marina Bay Sands in Singapore, and registration is now open. During the event, WEEX will provide a dedicated communication space for global builders, traders, KOLs, and crypto enthusiasts to engage in in-depth discussions on topics such as market trends, industry innovation, and product development.The event will feature roundtable forums and selected AMAs, where leading crypto and tech teams will share insights on the future direction of the market. In addition, WEEX will showcase the WEEX AI real-time trading feature on-site, allowing users to experience AI trading tools and explore the WEEX Trading House. Coffee and tea breaks will be provided on-site, along with exquisite merchandise and customized souvenirs.

Tesla CEO Elon Musk stated that China's AI large models perform excellently overall, with unit computing power output performance nearly at the top globally. He believes that China will solve the computing power issue faster than expected, anticipating that within two to three years, it will close the computing power gap relying on lithography technology and chip manufacturing.

Nic Carter, co-founder of Castle Island Ventures, commented on the "slow down the frontier" proposal put forward by Anthropic CEO Dario Amodei. Nic Carter stated that if the goal is to widen the gap between the public and the true frontier internally, and requires cooperation from competitors, then the proposal is reasonable. The main commercial risk for Anthropic is the commoditization of models due to distillation, rather than safety issues.Nic Carter mentioned that safety and profit incentives tend to align in limiting public access to truly frontier models. The highest return use of frontier tokens is for internal research and capturing downstream intellectual property, rather than public API sales. Anthropic has made models like Mythos Preview available only to a few partners.Nic Carter expressed that unilateral slowing down cannot solve the prisoner's dilemma, and coordinated restraint requires antitrust exemptions or regulation. Dario called for the U.S. government to provide limited exemptions for safety discussions so that companies can voluntarily set standards.

According to the United Morning News, seven Malaysian gangsters targeted players attending a poker game, breaking into a luxury private residence in Bukit Timah late at night, armed and stealing over 4.9 million dollars, quickly splitting into two groups to escape Singapore. Six of them pleaded guilty in the High Court on Monday (September 14), with the two masterminds sentenced to 12 years and 11 months in prison, 24 strokes of the cane, plus a fine of 4,000 dollars.In court, it was revealed that the masterminds, Wu Wentong (30 years old) and Huang Zhishan (35 years old), learned from a friend who had previously attended the poker game that the house often held poker games at night. After scouting the location, they discovered that the front door of the house would not be locked during the game. Wu Wentong and Huang Zhishan then recruited five other accomplices, specifically coming to Singapore to commit the crime. This armed robbery occurred around 2 a.m. on April 18, 2024, at a residence in the upscale Alper Wang Garden area, where 11 men and women were playing poker in the living room.According to the case details, around March 2024, Wu Wentong and Huang Zhishan decided to rob the poker players at the house due to financial issues. They knew that they could not carry out such a large-scale robbery with just the two of them, so they contacted Hamidun, who runs a private security company and provides debt collection services, to help gather a team, promising a reward of 1.5 million ringgit (approximately 470,000 Singapore dollars). After the group succeeded, they left in a multi-purpose vehicle, splitting into two groups to leave Singapore via the Tuas and Woodlands checkpoints. At the same time, several players in the private residence managed to free themselves from their restraints and reported the robbery to the police. With the assistance of the Royal Malaysia Police, the six defendants were arrested between late April and November 2024 and were extradited to Singapore for prosecution. The police have since recovered virtual currency worth 1.69 million dollars, while the remaining funds and property are still missing.

According to Ars Technica, Mozilla's latest "State of Open Source AI" report states that the performance gap between the U.S. closed-source cutting-edge models and China's open-source weight models has narrowed to about 4.4 months. Open-source models represented by Moonshot AI's Kimi K3 are only three points behind Anthropic Fable 5 in the comprehensive score of the Artificial Analysis Intelligence Index, but the cost is only about 30% of that.METR calculations show that the strongest closed-source models can reliably complete human expert tasks lasting about 12 hours, while the strongest open-source models can currently reliably complete tasks lasting about 7 hours. It is expected that in about 4 months, open-source models will catch up to the current closed-source level. Mozilla believes that most organizations should default to using open-source models and only pay a premium for closed-source models in scenarios requiring specialized, high-intensity retrieval and long context. Paying for cutting-edge artificial intelligence models costs five times that of regular purchases, but it provides a 4-month first-mover advantage.

The BIS research report shows that the on-chain transfer value of Bitcoin may have discrepancies of up to six times due to different statistical standards, and traditional market capitalization calculation methods may also deviate from reality by up to four times.

According to the Industrial and Commercial Times, with the expansion of HBM and advanced logic below 2 nanometers, it is estimated that the global silicon wafer supply-demand gap will widen from about 8% by the end of 2026 to 15% in 2027 and 24% in 2028. GlobalWafers, Siltronic, and TSMC are expected to benefit from this. It is noted that mid-2027 will be a critical turning point; if the pace of supply expansion does not keep up, a new wave of shortages and rush buying may occur from the second half of 2027 to the first half of 2028.SEMI statistics show that the global silicon wafer shipment area reached 3.573 billion square inches in the second quarter of 2026, an increase of 9.1% quarter-on-quarter and 7.4% year-on-year. It is estimated that the global monthly production capacity of 12-inch silicon wafers will be about 10.69 million pieces in 2026, an increase of 7% year-on-year, with only about a 3% increase to 11 million pieces in 2027, and an increase of about 6% to 11.7 million to 11.76 million pieces in 2028. The new supply includes about 300,000 pieces from the second phase of GlobalWafers and about 100,000 pieces from Siltronic.It is estimated that the consumption of HBM silicon wafers will increase by 23% and 28% in 2027 and 2028, respectively; new general DRAM production capacity will gradually come online starting in 2027, with an additional monthly capacity of about 350,000 to 450,000 pieces by 2028. In terms of advanced logic, the consumption of logic process silicon wafers is expected to increase by 12% and 11% in 2027 and 2028, respectively. Currently, customer silicon wafer inventory remains at about 100 to 120 days, and it will take time to digest to the normal level of 50 to 70 days.

The first two batches of confiscated assets in the Singapore 3 billion Singapore dollars money laundering case have officially opened for auction, with an overall estimated value between 2.9 million and 3.9 million. The auction is conducted solely online, and bidders cannot place bids in person or via phone. Currently, the confiscated items are stored in the Le Freeport warehouse at Changi North, and interested bidders from Singapore and abroad can visit, but must make an appointment in advance, with limited slots available. Among the items, the most notable are the limited edition pumpkin bags from Louis Vuitton and Yayoi Kusama.It is reported that this case is one of the largest money laundering cases in Singapore in recent years. The involved person, Wang Shuiming's partner, Su Weiyi, has been confirmed as the mastermind behind the cryptocurrency platform scam Atom Asset Exchange. Another involved person, Su Baolin, had received illegal online gambling proceeds from abroad through USDT and exchanged part of the USDT for at least 463,000 Singapore dollars in cash in 2023. He also used USDT to purchase a Toyota Alphard.

The International Energy Agency (IEA) monthly report states that this year the global oil supply-demand gap will be larger than previously expected, as the war in Iran has not ended, and the normalization of oil flows in the Middle East has been delayed until 2027, leading to a surge in fuel prices. Inventory plays a key role in market balance, but the buffer is decreasing, and the global refining system is being stretched to its limits.

According to the official statement from Osmosis, the proposal for the solution regarding the previous Nomic chain nBTC incident is now online and has officially entered community discussion.According to the proposal, the Osmosis governance community will consider confiscating the previously frozen assets of the attacker and using the accumulated BTC in the community fund pool to cover the remaining collateral gap, in order to restore the full collateral support for Alloyed BTC. Currently, this plan still needs to go through governance discussion and voting, and the asset confiscation or collateral replenishment has not yet been completed.

The Singapore Exchange (SGX) has received authorization from the U.S. Commodity Futures Trading Commission (CFTC) under the Regulation 48.1 framework to open its Bitcoin and Ethereum perpetual contracts to U.S. institutional investors. KC Lam, Head of Crypto Derivatives at SGX Group, stated that previously U.S. participants were unable to trade these contracts, but they are now permitted direct access to its trading system.Since its launch at the end of November 2025, SGX's crypto perpetual contracts have accumulated a trading volume of $5.8 billion (approximately 400,000 lots), with an average daily trading volume of 1,300 lots ($19 million) as of August. Bitcoin accounts for 66% of open contracts and 83% of average daily trading volume, with a single-day peak trading volume of 11,500 lots (notional value of $145 million). Lam indicated that as the FIS backend integration is fully ready, they will assist U.S. clearing members in onboarding clients in the next month or two.Unlike crypto-native platforms, SGX's perpetual contracts have no expiration date but employ a margin call and collateral top-up mechanism instead of automatic liquidation, separating trading and clearing based on traditional futures market infrastructure. Stablecoins are not accepted as collateral, and the contract benchmark index is jointly developed by SGX and CoinDesk Indices. SGX's next step is to launch Bitcoin and Ethereum futures and options.

According to BBX data, global listed treasury, well-known exchanges, and cross-border clearing platforms disclosed the latest updates yesterday, with the core information as follows:Strive's preferred stock SATA approaches $1 billion, holding over 24,500 coins: The perpetual preferred stock SATA issued by Strive (NASDAQ: $ASST) has a market value nearing $1 billion. Currently, Strive's balance sheet holds a total of 24,531 Bitcoins (worth approximately $1.96 billion). Thanks to an annualized dividend yield of up to 13%, SATA demonstrates strong financing capabilities, helping the company continuously raise funds to allocate BTC. In contrast, the similar preferred stock STRC under another treasury giant Strategy has an annualized dividend yield of 12%, but its secondary market trading price has consistently underperformed its par value, failing to return to the $100 benchmark since May of this year.Gemini obtains a Major Payment Institution license from the Monetary Authority of Singapore (MAS): Cryptocurrency exchange Gemini officially announced that its Singapore entity, Gemini Digital Payments Singapore, Pte. Ltd. (GDPSPL), has successfully obtained a Major Payment Institution (MPI) license officially issued by the Monetary Authority of Singapore (MAS). After approval, Gemini will be allowed to compliantly provide digital payment tokens (DPT) and compliant cross-border remittance clearing services within Singapore, further solidifying its compliance center layout in the Asia-Pacific region.OSL Group partners with Waka to facilitate stablecoin settlements for trade corridors between Africa and the world: Hong Kong-listed stablecoin payment and trading platform OSL Group (00863.HK) announced a deep cooperation with the payment platform Waka, which connects emerging market liquidity and clearing networks. OSL will deeply integrate institutional-level infrastructure covering stablecoin to USD and USD-native payment capabilities into Waka's clearing system, focusing on empowering seamless cross-border clearing and corporate settlement needs for major trade corridors between Africa and the world.

Cryptocurrency exchange Gemini announced that its subsidiary Gemini Digital Payments Singapore, Pte. Ltd. (GDPSPL) has obtained a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS), allowing it to provide digital payment token and cross-border remittance services.

Binance founder Changpeng Zhao (CZ) stated at Bitcoin Asia that Bitcoin may surpass gold in the next bull market, with the current market cap gap between the two being about 10 times. Ricardo Salinas Pliego estimated that if Bitcoin reaches the total market cap of gold, its price could be around $1.86 million. He pointed out that if Bitcoin becomes a strategic reserve asset for various countries, its importance may exceed that of gold; however, central banks and governments have established systems for valuing, storing, and managing gold, and transitioning to Bitcoin will take time.Glassnode data shows that the 90-day correlation between Bitcoin and gold has risen from 0.21 in March to about 0.57, while the correlation with the Nasdaq 100 index has dropped from 0.57 to 0.22; other estimates indicate that its correlation with gold is about 0.59, the highest level since 2020.

Circle announced that it has signed a final agreement to acquire Tazapay, a B2B cross-border payment infrastructure company headquartered in Singapore. The transaction is expected to be completed in 2027, subject to customary closing conditions and regulatory approvals, including approval from the Monetary Authority of Singapore.Tazapay has an annualized payment volume of over $25 billion, more than 60 banking and fintech partners, and local payment channels covering over 100 markets. Approximately 60% of Tazapay's transaction volume includes stablecoins.

On September 8, the cryptocurrency exchange WEEX announced that it will attend TOKEN2049 Singapore as a platinum sponsor for the third consecutive year. The event will be held from October 7 to 8 at Marina Bay Sands.WEEX will showcase new products and the latest developments in WEEX AI, with booths PB1-28 and PB1-23, aimed at traders, developers, partners, and community members.