Day 2 of OpenAI's 28-Day Sprint: Four consecutive updates rolled out, with another potential quota reset

Arkham’s monitoring shows that whale address mtAAVEbank.ETH sold more than 138,000 LINK tokens six hours ago, valued at $1.9 million. At the time, BTC had not yet fallen below $84,000. The whale is suspected of using the proceeds from the LINK sale to fund its 8x leveraged CRCL position on Hyperliquid, which once recorded an unrealized loss exceeding $1.25 million. It currently holds over $21 million in digital assets, primarily in stablecoins, with more than 10% of its funds coming from Aave borrowings.

BlackRock Head of Digital Assets Nikhil Sharma stated at Token2049 that tokenized money market funds can be transferred directly as collateral, eliminating the need for redemption or waiting several days to access cash.

Johann Kerbrat, Senior Vice President and General Manager of Robinhood’s International and Crypto Business, stated that Robinhood has added Bitcoin worth $25 million to its balance sheet.

Insight Beating AI News Flash: OpenAI has released a set of mathematical results generated by its unreleased internal cutting-edge models, totaling 722 manuscripts derived from evaluations of approximately 4,000 open research problems. Many manuscripts revolve around the same core result, which when consolidated corresponds to 372 sets of interrelated findings. Several of these results directly address long-standing unsolved major problems: the model provided a proof of the Unique Games Conjecture; it proved that the Riemann zeta function has no zeros in the region where the real part is greater than 7/8, a result dubbed the "Quasi-Riemann Hypothesis"; it also addressed the rational Hodge conjecture on CM abelian varieties, and the free group factor problem that has remained unsolved since the 1940s. Results including the Unique Games proof, Quasi-Riemann Hypothesis, and free group factor solution have been accompanied by Lean formal proofs, which can be verified by computers. However, not all of these results can be considered definitive. OpenAI noted that the level of verification varies across different results, and sections without formal proofs may still contain errors. AGMAI, an independent mathematical advisory group consulted for the release, also explicitly stated that it does not endorse these results.

Hyperliquid founder Jeff stated at Token2049 that the HIP-3 market is effective because it enables users to do things they previously could not. Jeff emphasized that finance "should be accessible to everyone on Earth".

CFTC Chairman Michael Selig said in a CNBC interview yesterday that under its proposed rules, only federally regulated cryptocurrency trading platforms will be allowed to offer leveraged trading. "States will only be permitted to provide money transmission services; the 100x leverage common outside the U.S. has never been allowed in the U.S., and this time will be no exception." Earlier reports noted that the U.S. Commodity Futures Trading Commission (CFTC) proposed two new rules on Monday, intending to establish a U.S. cryptocurrency regulatory framework based on its authority to regulate leverage and margin trading, to fill the regulatory uncertainty left by Congress’s failure to complete cryptocurrency legislation.