Today in Crypto, California has created a new setting of law guarding AI chatbots. Meanwhile, hyperliquid CEO Jeff Yan and the coinglass data firm have warned that centralized exchanges may be underreporting liquidations. The US government has entered the third week of shutdown, leaving decisions at 16 crypto ETFs in Limbo.
California governor has signed laws establishing AI Chatbots care
Governor of California Gavin Newsom announced that the US state will establish regulatory protections For social media platforms and AI chatbots companion in an effort to protect children.
In a notice on Monday, the Governor’s office Says The newsom has signed several bills in the law that will require platforms to add age-verification features, protocols to address suicide and self-harm, and warnings for accompanying chatbots. The AI Bill, SB 243, was introduced by state senators Steve Padilla and Josh Becker in January.
Padilla mentioned Examples of kids talking to AI’s companion bots, allegedly resulting in some instances of encouraging suicide. The bill requires platforms to reveal to minors that chatbots are AI-formed and may not be suitable for children, Padilla said.
“This technology can be a powerful educational and research tool, but left on their own devices The tech industry has been incentive to capture the attention of young people and handle it at the cost of their real world relationship,” Padilla said in September.
The law is likely to affect social media companies and websites that offer services to California residents using AI tools, which potentially include decentralized social media and gaming platforms. In addition to chatbot care, the bills aim to narrow the claims of the technology of “Kilos (ING) autonomously” for companies to escape responsibility.
SB 243 is expected to take effect in January 2026.
Centralized exchanges faced with claims of massive undercounts
Hyperliquid co-founder and CEO Jeff Yan said the way the crypto centralized exchange, and in particular Binance, the report data was Liquids are unlikely to indicate.
Bitcoin (Btc) fell to $ 102,000 on Friday after US president Donald Trump announced the sweeps of tariffs in China. Similarly, Ether (Eth) fell to $ 3,500, and Solana (Sol) drops below $ 140 in a market throughout the market.
Coinglass data indicates that on Friday, $ 16.7 billion of long fluids and $ 2.456 billion of shorts, doing so Greatest event in crypto history.
On a Monday x PostYan taught a documentation Page In the top crypto exchange worldwide, Binance, explaining that the platform will only include the latest extermination that occurs at each second gap in the order of the order snapshot.
This stream drives real-time updates about positions with fluid strength. Batching outputs this way provides for higher performance, but Yan explains that only reporting of the final extermination can lead to underre reporting mass destruction events, as they process more than 100 prevention per pair per second.
“Because cycles occur in explosions, it’s easy to be 100x under reporting under certain conditions,” Yan wrote.
Yan’s statement shouted a Saturday x Post From the crypto data platform coinglass. The platform said “the actual (liquid) value is likely to be higher” because “Binance only reports one order of extermination per second.”
US Gov Shutdown enters the third week with ETF “Floodgates” ready to explode
The federal government of America has entered the third week of its shutdown.
Most of the US government became firm on October 1 when Republicans and Democrats failed to reach a funding agreement. This caused agencies, including the US Securities and Exchange Commission, which approved ETF applications, which ran with only important staff.
The crypto industry is set for a Flood of ETFs in Octoberwith the SEC set to make their final decisions in at least 16 crypto ETFs, and another 21 applications filed on the first eight days of October, but shutdown left everything in Limbo, along with Deadlines passing through and no action has been made.
To finish this, Congress, both the House of Representative and the Senate, must Pass law to fund the government. When the bills pass, President Donald Trump can sign them in law, and shutdown will end.
