Tornado Cash Co-founder: U.S. Treasury Admits Error in Mixer Rules

According to Farside's monitoring, U.S. spot Bitcoin ETFs recorded a total net outflow of $89.8 million yesterday. Among them, IBIT posted a net inflow of $6.99 million, while FBTC saw a net outflow of $74.5 million and ARKB a net outflow of $85.2 million; the remaining ETFs had zero capital flows. For spot Ethereum ETFs, total net outflows reached $18.9 million, with only FETH logging a net outflow of $18.9 million, and the rest of the ETFs showing no capital movement.

According to TradingBeats' monitoring, LayerZero purchased an additional 162,000 ZRO tokens (valued at roughly $347,000) 40 minutes ago, bringing its total repurchase volume to 2.538 million ZRO, worth approximately $5.4 million.

According to HTX market data, SOL has broken through $120, currently trading at $120.03, with its 24-hour decline narrowed to 0.24%.

AI crypto investment application Virtuals Protocol announced in a post that its Virtuals App has entered closed beta testing. The official noted that the app is equipped with personal AI, a built-in wallet, and market integration, enabling users to discuss investment ideas, research assets, and execute trades within group chats. The Virtuals App is currently limited to iOS closed beta, requiring an invitation code to access.

According to HTX market data, ETH has just dropped below $2700, currently trading at $2694.72 per coin, with a 1.14% intraday decline.

Flash News from Insight: Beating AI. According to a Semafor report, Meta is laying off a group of employees it hired in June this year from AI security startup Virtue AI, with their collaboration lasting just around four months. Meta spokesperson Andy Stone told Semafor that the staff were let go due to "work style misalignment", noting the partnership did not develop as expected. In June, Dawn Song, UC Berkeley computer professor and founder of Virtue AI, announced she would join Meta’s Superintelligence Labs, alongside Virtue AI co-founders Bo Li, Sanmi Koyejo, and other team members. The recruitment was framed as Meta bringing in an independent team, not acquiring the entire Virtue AI. Virtue AI specializes in AI security testing, red teaming, vulnerability discovery, as well as model runtime protection and governance. Meta’s earlier onboarding of the team was viewed as aligned with its push for AI agent and superintelligence strategies, as well as strengthening AI security and frontier risk governance. Semafor reports that Meta stated the Superintelligence Labs will continue to focus on AI security, alignment, and frontier risks. However, Meta did not disclose specific disagreements between the two parties, nor has it confirmed whether core Virtue AI members like Dawn Song have all left Meta. As of the report’s publication, Virtue AI had not yet responded. The report adds that the rapid shift in this partnership has once again sparked external discussion on the "organizational mismatch" issue when top research teams join large tech firms—referring to potential conflicts between the autonomy, flexibility, and high decision-making efficiency startup teams are accustomed to, and the organizational processes and corporate culture of big tech companies.