BlockBeats news, on October 20, according to BIT(bit.com) market data, U.S. tech stocks rebounded on Monday, with the Nasdaq 100 index rising 1.2%, the S&P 500 index closing up about 0.4%, and the Dow Jones Industrial Average slightly down. The semiconductor index ended an eight-day losing streak, which had set the longest losing streak record since October 2008. Among individual stocks, Amazon closed up 5%, SanDisk up 5.5%, and SK Hynix nearly 5%. The buying in AI and chip sectors was mainly c

BlockBeats news, on October 20, according to BIT(bit.com) market data, U.S. stocks closed on Monday with the Dow down 0.07%, the S&P 500 up 0.41%, and the Nasdaq up 1.11%. Storage stocks all rose, Western Digital (WDC) up 6.09%, SanDisk (SNDK) up 5.53%, SK Hynix (SKHY) up 4.67%, Seagate Technology (STX) up 3.41%, Micron Technology (MU) up 2.97%. Most Neocloud stocks rose, Applied Digital (APLD) up 6.65%, TeraWulf (WULF) up 3.25%, Nebius (NBIS) up 2.88%, IREN up 2.74%, Core Scientific (CORZ) up

BlockBeats news, on October 20, NVIDIA (NVDA) announced that using 8192 GPUs from Germany's JUPITER supercomputer, it successfully simulated a 104-qubit fault-tolerant quantum computing system and verified a technology called "magic state distillation." NVIDIA stated that this technology is expected to reduce the number of physical qubits required for fault-tolerant quantum computing by about 90%, and this simulation shortened the computation time from several weeks to several days. This advance

BlockBeats news, on October 20, according to Onchain lens monitoring, a certain whale staked HYPE worth 10.95 million USD and lost 2.02 million USD within 30 days. This whale staked 139,050 HYPE (worth 10.95 million USD) and delegated it to Infinitefield(.)xyz. The wallet also holds a 10x long position worth 202,250 USD involving CXMT, CXMT, SKHX, and LYTE, with unrealized P&L of -36,540 USD. Its perpetual contract history shows a total profit of 7.22 million USD, but an overall loss of 2.02 mi

BlockBeats news, on October 20, according to official information, Aster launched PAPER (papertrade.xyz) pre-launch contract trading, supporting up to 3x leverage.

BlockBeats news, on October 20, Mastercard officially launched a risk intelligence service called "Stablecoin Security" at the Money20/20 USA conference this Monday. This service allows financial institutions to comprehensively assess the risks of stablecoin payments before funds are put on-chain. Through an API interface, Mastercard will provide banks with risk scores so that banks can seamlessly integrate them into existing fraud prevention and compliance systems. According to Mastercard, the

BlockBeats news, on October 19, SkyAI, formerly known as Sharps Technology, recently underwent a radical strategic pivot. The company has completely liquidated its Solana (SOL) reserves to fund its stock and warrant buyback program, transforming from once being the fifth largest Solana treasury holder to having zero holdings. According to a statement released by SkyAI on Monday, as of October 16, the company held approximately $223.8 million in cash and had "completed the sale of all SOL." In t

BlockBeats news, on October 19, HIP-3 market deployer entropy spent 574.98 HYPE to acquire the code MOONSHOT (Dark Side of the Moon), which may soon launch its perpetual contract.

BlockBeats news, on October 19, according to The Block, AnchorWatch Trust Company officially opened this Monday, becoming a qualified Bitcoin custody institution licensed in Nevada. The company revealed to the media that the Nevada Financial Institutions Division has officially authorized it to provide custody services. Its target clients mainly include trustees, listed companies, trust institutions, and high-net-worth individuals requiring qualified Bitcoin custody services. In terms of fee st

BlockBeats news, on October 19, according to BIT (bit.com) data, Bitcoin treasury stock Strive (ASST) rose 8.41% intraday, currently priced at $26. According to official data, Strive has increased its BTC holdings by a total of 10,463 BTC over the past 4 weeks, with the specific data as follows: · September 21 - September 25: bought 1,107 BTC (average price about $85,396). · September 28 - October 2: bought 2,000 BTC (average price about $84,422). · October 5 - October 9: bought 3,311 BTC (ave