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10/13
17:40
Upbit to undergo server maintenance on Oct 19, suspending all services including trading and deposits/withdrawals
17:37
The utilization rate of frontier AI models plummeted from 55% in Q1 2025 to 14% in Q3 2026, as the market shifted towards cost-effectiveness.
According to The Information, the usage of high-performance AI models called via OpenRouter has significantly decreased, reflecting users re-evaluating model capabilities against invocation costs. Against this backdrop, Meta released its flagship AI model, Muse Wonder, this Monday, attempting to demonstrate its cutting-edge model prowess, even as market demand shifts from pursuing ultimate performance to focusing on cost-effectiveness.
17:36
Hong Kong stocks edge up on Tuesday, mainland blue-chip index hits over one-year low as AI selloff subsides
Hong Kong and mainland stocks recouped earlier losses on Tuesday as a selloff in AI-related shares across Asia subsided, but the blue-chip index across the border still finished at its lowest close in more than a year. The benchmark Hang Seng Index edged up 74 points, or 0.3 percent, to 24,345. On the mainland, the Shanghai Composite Index inched up 0.1 percent to 3,800, while the blue-chip CSI300 Index closed down 0.3 percent. The CSI AI Index dropped 0.3 percent after touching a six-month low. Economists forecast China's exports rose 25.5 percent year on year in September, accelerating from August's 25 percent growth.
17:34
WSJ: Gulf Hurricanes Not Enough to Reshape Insurance Market, Capital Inflows May Weaken Industry Instead
17:34
Lookonchain: Both the Dynamic Rainbow Chart and the 200 Week Moving Average Heatmap are showing a buy signal for $BTC.
17:32
AI Selloff Drags Emerging Stocks Down for Second Day, Weighs on Asia’s Technology Hubs’ Currencies
The deepening selloff in shares linked to artificial intelligence pushed the key emerging-market equity index down for a second day and triggered a decline in currencies of Asia’s technology hubs.
17:31
Samsung Chairman Lee Jae-yong to receive W2.6 trillion ($1.8 billion) stake (0.17%) from mother Hong Ra-hee
17:31
Autheo Token THEO Plummets 92% on Base Amid Suspected Bridge Exploit
Autheo project urged users not to buy, sell, or bridge THEO tokens after 19 million THEO tokens were minted and subsequently sold on the Base network.
17:30
Ledger discloses that wallets sold by CryptoBilis had LTE spy chips implanted, which could expose recovery phrases, with estimated on-chain losses reaching $93.2 million.
Hardware wallet manufacturer Ledger updated its investigation on X on Tuesday, stating that some Ledger crypto wallet devices sold by Southeast Asian distributor CryptoBilis were implanted with covert hardware capable of reading users' 24-word seed phrases (recovery phrases) from the device screen and sending them to attackers via mobile networks. Ledger said the spy chip was located inside the device casing and used LTE technology and an eSIM to transmit data. A recovery phrase is the master key to a crypto wallet, and possessing it allows for the transfer of funds. On-chain researchers estimate that the incident resulted in losses of up to $93.2 million, affecting over 300 wallets, with Tether having frozen $10 million in USDT related to the theft. Ledger confirmed that one affected signer contained an unauthorized implant and stated that all confirmed losses in the October 9 incident involved devices purchased from CryptoBilis. Ledger advises users who purchased devices from this distributor not to initialize them, and users who have already used them should transfer assets to a new device and generate a new recovery phrase.
17:29
SpaceX agrees to testify before NYC Council on AI safety risks after previously being subpoenaed for not attending a hearing
SpaceX has agreed to testify this Friday at a hearing of the New York City Council's Technology Committee, cooperating with its investigation into the safety risks of artificial intelligence. Previously, SpaceX had received a subpoena on September 28 for failing to appear at the October 5 hearing. After the City Council threatened to enforce the subpoena, SpaceX agreed to attend two days later. The investigation's background includes allegations that SpaceX's Grok model contributed to the mass generation of deepfake pornography, leading to related lawsuits.
17:28
Lookonchain: BTW token surges over 110x since listing on Aster_DEX; Trader 0x45bd gains $151K unrealized profit on $238K 4x long
17:26
ModelBest released its 35-billion-parameter open-source MoE model, MiniCPM-V 4.7, which it claims can run smoothly on mobile devices.
MiniCPM-V 4.7, the new generation of edge-side multimodal large model from ModelBest, was officially released on October 13. Its 35B-A3B version adopts a Mixture-of-Experts (MoE) architecture with a total of 35 billion parameters, activating approximately 3 billion parameters per inference. ModelBest stated that this is the first open-source MoE model capable of running smoothly and losslessly on edge devices, requiring only about 3GB of RAM to achieve a decoding speed of over 15 tokens per second on an iPad Pro. The model enhances edge-side inference speed by approximately 5 times through its Look-Ahead Expert Scheduling (LES) technology and supports iOS, Android, and HarmonyOS, adapting to chip platforms such as Rockchip, Intel, and Apple.
17:25
Malaysia targets June 2027 for EU trade deal signing, with 80% of negotiations complete
Malaysia's Investment, Trade and Industry Minister Johari Abdul Ghani stated on Tuesday that negotiations are 80% complete, though palm oil and auto issues remain to be resolved. Both sides are seeking deeper economic ties amid geopolitical tensions.
17:24
SFC recognises progress in sponsors’ work and urges sustained vigilance
17:21
Moscow was attacked by 417 drones overnight, and Russian forces launched cluster strikes on targets in Ukraine. Donald Trump's previously announced "energy ceasefire" has yet to materialize.
According to CCTV News, from 8:30 PM Moscow time on October 12 to 7:00 AM on October 13, the Moscow region was attacked by 417 drones, 65 of which were destroyed as they approached the city. Meanwhile, Xinhua News Agency reported that the Russian Ministry of Defense announced on October 13 that Russian forces used land-based high-precision weapons and drones from late night on the 12th to early morning on the 13th to conduct a series of strikes on Ukrainian military industrial facilities, logistics centers, railway, and port infrastructure. These military actions occurred less than 48 hours after Donald Trump unilaterally announced an "energy ceasefire" between Russia and Ukraine on October 11. Russia has not yet officially confirmed any agreement, while Ukraine has shifted from "unaware" to "supportive" but with reciprocal conditions attached. Several European countries remain skeptical about the credibility of this agreement. Oil prices saw a slight pullback on Tuesday, with Brent crude still trading above $100.
17:18
Al Jazeera: Yemen conflict escalates with government forces advancing towards Bab al-Mandeb strait, risking wider regional war
Al Jazeera's analysis indicates a major military escalation in Yemen, with government forces launching "Operation Yemen’s Dawn" and advancing towards the strategically important Bab al-Mandeb strait, engaging Houthi positions. This escalation is linked to Iran's support for the Houthis and could prompt a significant Saudi response to recent airport attacks. While the risk of a region-wide war is increasing, the analysis suggests a peaceful arrangement is still possible if cooler heads prevail. Pakistan and Turkiye have announced support for Saudi Arabia under the Mecca Pact, and limited US involvement remains a possibility.
17:15
Former Mt. Gox CEO Karpelès Claims Ledger Flex Wallet Bought at Airport Contained Spyware
Former Mt. Gox CEO Karpelès claims that the Ledger Flex hardware wallet he purchased at the airport contained a spy implant. Buyer Ben Yorke has confirmed the retailer as Metapod. Ledger responded by stating that verified fund losses in its investigation are still linked to wallets sold by CryptoBilis.
17:11
Federal Reserve Governor Waller: Rising yields are curbing demand by tightening financial conditions, acting as a partial tightening.
Federal Reserve Governor Christopher Waller said on Tuesday at the Bloomberg New Economy Forum summit in New Delhi that the sustained rise in long-term U.S. government bond yields is "doing some of the work" of curbing demand, even though it is not a result actively driven by the Federal Reserve. He also noted that demand growth from artificial intelligence infrastructure construction could push up inflation in the short term but is expected to boost productivity in the long run. Waller added that inflation expectations remain well-anchored for now, and threats to the Federal Reserve's independence have "not succeeded so far."
17:06
K33 Research: The U.S. government recently transferred approximately 17,700 BTC to Coinbase Prime, likely for custody rather than sale.
K33 Research reports that U.S. government-linked wallets transferred approximately 17,733 Bitcoins to Coinbase Prime in early October, including 12,267 Bitcoins related to the Bitfinex hack. This move reduced the marked government holdings from 324,527 Bitcoins to 306,795 Bitcoins. If suspicious but unmarked government wallets are included, the total transfer could be as high as 21,500 Bitcoins.

K33 believes that most of these transfers likely involve custodial arrangements rather than direct sales, as Coinbase Prime is a custodian for the U.S. Marshals Service, and Bitfinex-related assets are still in the claims process. However, about 1,200 Bitcoins related to the FTX and HashFlare cases could potentially be sold to fund cash compensation for victims.
17:06
AMD's new generation AI accelerator, Helios, began mass production shipments in September, with initial clients including OpenAI, Meta, Microsoft, and Oracle.
17:06
AMD CEO Lisa Su: CPU market size is expected to double to $200 billion by 2030, with 2026 being the "year of inference."
17:02
Ronaldo scored and waved a Saudi scarf in an AFC Champions League match that was previously delayed due to a Houthi missile alert.
Saudi Arabia's Al Nassr FC defeated Uzbekistan's Navbahor 3-1 in the AFC Champions League Elite. The match, originally scheduled for Monday, was delayed by an hour due to missile attack threats from Yemen's Houthi rebels. The Saudi Civil Defense issued a security alert 15 minutes before kickoff, as Riyadh has been the target of multiple Houthi missile attacks recently. The Saudi-led coalition stated that it intercepted and destroyed two ballistic missiles launched by the Houthis towards Riyadh on Monday. Cristiano Ronaldo scored Al Nassr's second goal in the 42nd minute and celebrated by waving a Saudi scarf after the match.
16:54
French top financial regulator says soaring government bond yields pose no risk to the country's banks.
France's top financial regulator said on Tuesday that the country's banking sector exposure to public debt remains limited and does not pose a stability risk, despite a surge in French government bond yields.
16:54
Ledger discloses LTE spy chips embedded in wallets sold by CryptoBilis, capable of exposing recovery phrases.
Hardware wallet manufacturer Ledger has disclosed that some wallets sold by its distributor CryptoBilis were implanted with LTE spy chips capable of exposing users' wallet recovery phrases. As a result, CryptoBilis has suspended sales, and Trezor and OneKey have also severed ties with the distributor.
16:48
Bloomberg Market Analysis: Apple Needs New Phones and Smart Home Products to Boost Stock Price
Bloomberg market analysis indicates that Apple Inc. launched a series of new products and improved older ones this week, but investors are unsure if this will be enough to boost its stock price. Apple's stock has largely stagnated for months and is currently one of the most expensive stocks on the market.
16:47
Glencore Set for Sydney Debut on Wednesday, Testing Mining Giant’s Allure Without New Share Sale
Glencore Plc. begins trading on the Australian Securities Exchange on Wednesday after a listing that didn’t involve selling new shares or raising funds, in a test of the company’s ability to attract cash from a fresh pool of capital.
16:46
Indian IT Stocks Set for Best Day in 17 Months as Asian Chipmakers' Selloff Triggers Anti-AI Rotation
16:45
Chinese Refiners to Slow Oil Reserve Drawdowns This Month as Crude Imports Recover, According to Energy Aspects
16:45
BNP Paribas Says Dutch Pensions Trade Can Make a Comeback
According to BNP Paribas SA, appetite is returning for a popular, but ultimately disappointing, rates bet on the overhaul of the €1.7 trillion ($1.9 trillion) Dutch pension industry.
16:44
Wallstreetcn Analysis: The US stock bull market has cumulatively risen 131% over four years, but market breadth has narrowed to historical lows, with interest rate pressure and concentration becoming major risks.
Wallstreetcn analysis indicates that since its bottom in October 2022, the S&P 500 has delivered a cumulative total return of 131% in the current US stock bull market. However, data from Ned Davis Research shows that the current market breadth of the S&P 500 (percentage of advancing stocks) has fallen to a historically low level. Market research firm The Kobeissi Letter analyzed that since the beginning of 2024, 42 AI-related stocks have contributed approximately 67% of the S&P 500's price return. Apple, Microsoft, and NVIDIA combined account for about 22% of the S&P 500's total market capitalization, a significant increase from the end of 2022. Concurrently, US government bond yields have risen to a 24-year high. High interest rates, energy inflation risks, and an extremely concentrated market structure have narrowed the market's margin for error. Although historical data suggests that the "age" and magnitude of a bull market are not inherently risks of its end, whether interest rate pressures can ease and market breadth can recover have become critical short-term variables.

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