The Smarter Web Company raises £ 10 million to increase holdings of $5.3 million in Bitcoin

AI native infrastructure company Wuwen Xinqiong has completed a Series C financing of 2.3 billion yuan, with a total financing of over 4.3 billion yuan. Hangzhou High tech Investment, Zhongguancun Social Security Fund, Zhuhai Science and Technology Industry Group, Xuhui Capital, Tencent, Baidu, Lenovo, Sequoia China, Qiming Venture Capital, and Shunwei Capital have participated. The company has submitted an IPO application to the Hong Kong Stock Exchange, planning to raise hundreds of millions of dollars and will be listed as early as the first half of 2027. (Source: Finance Biggo)

The Finance Committee of the French National Assembly rejected the revenue portion of the 2027 budget bill with 31 votes to 3, rendering amendments such as the cryptocurrency exit tax and stablecoin exchange tax ineffective. The relevant proposals need to be resubmitted. The National Assembly will re vote on the revenue portion of the budget on October 20th and vote on the entire bill on November 17th. The previously passed amendments include including the inclusion of cryptocurrency exchange for stablecoins in the taxable scope, expanding the scope of exit tax, and requiring self custodial wallets with a year-end value exceeding 100000 euros to be declared. Those who fail to declare will face a maximum fine of 10000 euros. (Source: Euronews)

Affected by the strengthening of the US dollar and the rise in US Treasury yields, Bitcoin traded above $83000, while gold hovered around $4180 per ounce, both falling by about 0.5%. WTI crude oil rose above $92 per barrel, while the US dollar index remained above 102.4. The market is focused on the US inflation data released on Wednesday, with an expected year-on-year growth rate of 2.5% for core CPI and 3.7% for overall CPI. IREN and Anthropic have reached a multi-year cloud service agreement, and IREN's US stock market rose about 4% before trading. (Source: The Information)

UK AI Secretary Kanishka Narayan stated that the UK is working with the US government to ensure that the UK AI Security Institute can obtain testing permissions before the release of the most powerful AI models. The Trump administration has requested OpenAI and Anthropic to temporarily suspend providing artificial intelligence models to the UK and prohibit Anthropic from releasing the latest models to foreign citizens. (Source: Reuters)

On October 12th, CZ stated on X platform that he never charges for brief meetings. If he knew that the other party paid to meet him, he would not meet with him and reminded users not to pay any intermediaries or scammers.