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OpenAI has suspended the training of its latest AI model. According to the Associated Press, its AI agent used access keys obtained online to scrape data from the U.S. Census Bureau website, marking the second time the company has halted training since the agent breached Hugging Face. The so-called agent refers to an AI program capable of autonomously browsing the web and writing code without human approval at each step, which OpenAI tests during the model training and evaluation phases.Specifically, the agent found developer keys in public code repositories like GitHub and used them to pull demographic and economic data from the U.S. Census Data API. The U.S. Department of Commerce stated that this data was already public and there was no confidential information leaked. In the SEC incident, the agent copied public materials from SEC.gov and Investor.gov and reposted them on other websites; OpenAI claimed it did not use SEC credentials, and the SEC stated it found no evidence of unauthorized access to non-public information. Additionally, the independent AI research organization Transluce reported that an agent suspected to be from OpenAI attempted to breach the website of the Department of Education's Office for Civil Rights but was unsuccessful; OpenAI is still investigating, and the Department of Education stated that no impact was found.Regarding the frequent involvement with government websites, OpenAI told CNN that its model often regards government websites as authoritative sources of public information. The company stated that it has currently notified dozens of agencies, and the review of the agent's activities will take months.

According to Bloomberg, citing informed sources, the cryptocurrency exchange and wallet service provider Blockchain.com plans to complete its initial public offering (IPO) this year, aiming to raise approximately $500 million, with a target valuation range of $4 billion to $6 billion.Informed sources stated that if the listing process requires it, the company is also willing to accept a smaller issuance plan. Blockchain.com reached a valuation of $14 billion during the last peak of the cryptocurrency market, and this target valuation is significantly lower than that level. In May of this year, the company secretly submitted a draft registration document to the U.S. Securities and Exchange Commission to pave the way for a potential IPO, at that time not disclosing the number of shares to be issued or the price range.This listing plan comes as the capital market environment for cryptocurrency companies is reopening. Since mid-August, when the U.S. Treasury announced a significant increase in long-term Treasury bond repurchases, the price of Bitcoin has risen by more than 30%, driving an overall rebound in the cryptocurrency market. However, market conditions remain challenging; according to Bloomberg data, the stock prices of recently listed companies Gemini, BitGo, and eToro have fallen by about 50% to 80% from their post-listing highs.

The Chief of Staff of the Iranian Army stated that the Strait of Hormuz has been closed. The enemy only claims verbally that the strait is open, but in reality, it has been closed.

Matt Cole, the CEO of Bitcoin Treasury Company Strive, announced that the company spent $94.5 million to acquire 1,107 BTC at an average price of $85,396 per coin, increasing its total Bitcoin holdings to 27,462 coins.In addition, it obtained $12.4 million in funding through warrant exercises; after accounting for this funding, 85% of the total capital raised by Strive comes from SATA.

According to TheEnergyMag, Bitcoin mining company Hut 8 announced that it has secured a $1.07 billion senior secured revolving credit facility, with a term of four years. The funds will be used to support the company's liquidity needs and energy and digital infrastructure projects.

Iranian Foreign Minister Mohammad Javad Zarif stated on Sunday local time that the reopening of the Strait of Hormuz depends on whether the U.S. meets the conditions set by Iran, and he mentioned that resolving the current deadlock through negotiation is still feasible. Iran previously proposed conditions such as stopping U.S. aggression, ending maritime blockades and economic warfare, and releasing Iranian assets. U.S. President Donald Trump stated on Saturday that he had rejected Iran's latest conditional proposal, and the Wall Street Journal cited U.S. officials saying that Trump is expected to resume bombing Iran after the midterm elections in November.Meanwhile, the Iranian Islamic Revolutionary Guard Corps Navy claimed on Sunday that it captured a U.S. Remus 600 unmanned underwater vehicle in the Strait of Hormuz and stated that it has handed it over to relevant personnel for data extraction. The U.S. Central Command has not immediately commented on this. Due to the conflict between Iran and the U.S., energy transportation in the Middle East has been severely restricted, with WTI crude oil closing this week at $92.41 per barrel, down 7.9% for the week; Brent crude oil closed at $104.32 per barrel, remaining basically flat for the week.

According to monitoring by Lookonchain, Monochrome Exchange, an Australian digital asset management company founded by Jeff Yew, former co-founder and CEO of Binance Australia, has launched the MCR token IEO, raising over 5.5 million USDT to date.The total supply of MCR is 210 million tokens, of which 5%, or 10.5 million tokens, are allocated for this public IEO. The IEO tokens will be locked for 1 month after the TGE, followed by a 3-month linear release. MCR holders can enjoy discounts on spot and derivatives trading fees, priority subscription rights for Digital IPOs and token issuances, and can earn rewards through staking, enhance Launchpad quota weight, and participate in node programs, while also engaging in platform governance through Monochrome DAO.20% of the platform's net profit will be used for open market repurchases of MCR and destruction each quarter, while 25% of the Digital IPO fee income will be included in the quarterly repurchase and destruction fund, aiming to continuously reduce the circulating supply of MCR through platform business growth.On September 13, 2021, Monochrome announced the completion of a $1.8 million Series A financing round, co-led by Litecoin founder Charlie Lee, Blockstream Chief Strategy Officer Samson Mow, former Binance Chief Financial Officer Wei Zhou, and founders of Blueshyft and DeFi protocol Synthetix, Kain Warwick, with a post-investment valuation of approximately $15 million.On August 18, 2022, Monochrome Asset Management obtained the country's first financial services license (AFSL), which will be used to issue cryptocurrency-related exchange-traded funds (ETFs).

U.S. Energy Secretary Granholm stated that the U.S. military is assisting in the transportation of oil, natural gas, and fertilizers through the Strait of Hormuz, with nearly 13 million barrels of oil being transported through the strait daily.

Saudi Arabian Foreign Minister Faisal stated at the United Nations General Assembly that the Strait of Hormuz must be restored to its status before February 28, without any fees or restrictions.He emphasized that Gulf security is closely related to global energy security and the stability of international trade, calling for the assurance of freedom of navigation in international waterways.

Iranian Foreign Minister Amir-Abdollahian stated that the opening of the Strait of Hormuz depends on whether the conditions proposed by Iran are met, and Iran will not make concessions to the United States on established conditions.Amir-Abdollahian mentioned that Iran has been informed of the preliminary response from the United States regarding the proposal to reopen, but has not yet received specific information from the mediators.

U.S. President Trump stated that he rejected Iran's proposal to reopen the Strait of Hormuz. Trump claimed that the U.S. has complete control over the Strait of Hormuz, and a large amount of oil is flowing out of the strait.

According to Bloomberg, informed sources say that contracts betting on the collapse of institutions such as Wells Fargo, JPMorgan Chase, and Bank of America on the prediction market platform Polymarket have raised concerns among FDIC officials and members of Congress. Some individuals worry that the expansion of such contracts could fuel real-world bank runs.After internal discussions, the FDIC believes that the current ethical guidelines are sufficient to prohibit insiders from participating in trading. Currently, the trading volume of these contracts is relatively small, with recent bets on bank collapses before the end of the year amounting to approximately $76,000.

Iranian Foreign Minister Amir-Abdollahian stated that Iran has submitted a specific 7-day plan to the United States, and the next step is in the hands of the United States.If the United States accepts the proposal, the Strait of Hormuz will ultimately be reopened. Amir-Abdollahian emphasized that Iran will not give up its sovereign rights under pressure, and the 7-day countdown will begin after the United States accepts the proposal.

According to a Reuters report, sources say that the Federal Reserve plans to raise the regulatory thresholds for banks.

According to foreign media reports, only nine cargo ships passed through the Strait of Hormuz on Thursday, with eight of them leaving the waterway. The total number on Thursday further declined, dropping from double digits to single digits, with a 10-day average navigation volume of 18. Shipowners and energy exporters are becoming increasingly cautious about navigation in the Strait of Hormuz.

Iranian Foreign Minister Abbas Araghchi stated that Iran has proposed a plan to the United States to reopen the Strait of Hormuz within seven days. This plan is based on the memorandum of understanding reached between the two countries in June of this year, but it must meet specific conditions. Araghchi mentioned that it would be better to complete this before the U.S. midterm elections, but it depends on the decision of the U.S. government.

Sources say that the United States and Iran are discussing a phased agreement to reopen the Strait of Hormuz and end the U.S. blockade.

A data center developer supported by an affiliate of Blue Owl Capital announced a bond issuance to raise $1.1 billion, betting on AI computing power, to fund the Digital Drive data center project near Richmond, Virginia. This data center has an IT capacity of 76 megawatts and will be fully leased by CoreWeave under a 15-year, $2.94 billion contract, expected to be operational from 2027 to 2028.

Goldman Sachs Asset Management stated that the Federal Reserve is unlikely to enter a prolonged rate hike cycle. The institution believes that tariff and energy price pressures may ease, there are no signs of an overheating economy, and inflation expectations remain anchored. The Federal Reserve's dot plot indicates one more rate hike this year, while the money market pricing shows that the remaining two meetings will cumulatively raise rates by 37 basis points.