BlockBeats news, on October 19, according to South Korean media reports, during the National Assembly's government inspection in South Korea, when asked whether the launch of single-stock leveraged ETFs affected the volatility of the South Korean stock market, Lee Chan-jin, head of the Financial Supervisory Service of Korea, responded: "I believe it has had an impact to some extent." Regarding criticism for not actively preventing the listing of related products, he expressed "deep regret." On

BlockBeats news, on October 19, according to Arkham monitoring, a certain Bitcoin whale received BTC worth $54,000 in 2013, when the Bitcoin price was only about $130. This whale held these BTC for 13 years, currently worth over $30 million, and transferred this batch of BTC to a new wallet for the first time 7 hours ago.

BlockBeats news, on October 19, according to Lookonchain monitoring, Bitcoin mining company MARA Holdings is suspected of selling BTC. In the past 5 days, wallets related to MARA have transferred a total of 1000 BTC to Binance and Gate, worth approximately 82.8 million USD.

BlockBeats news: On October 19, crypto trader Ansem posted that Papertrade could become an innovative project with long-term development potential. High-leverage perpetual contracts have always been among the most profitable products in the crypto industry, and the market demand for speculative trading will continue to exist. Papertrade supports users opening and closing synthetic positions with 1000x leverage without causing actual market impact. Its business model uses traders' losses to suppo

Breaking AI News from 动察: OpenAI product and platform lead Thibault Sottiaux stated that the team has collaborated with OpenCode to help affected OpenAI API customers restore services and refund API usage consumed during the attack. Previously, OpenCode disclosed that an old system about to be decommissioned was breached, potentially leaking API keys of third-party models hosted by users, affecting 1.4% of Console users. After attackers obtained the keys, they could impersonate users to call pa

This article summarizes the important developments of the top cryptocurrency projects by market capitalization over the past week with minimal text, focusing on new products, abnormal data in existing businesses, changes in core management, financing, and unconventional token burns. Projects are sorted by market capitalization. Ethereum [Institutional Holdings]: BitMine holds about 6.03 million ETH, approximately 4.9% of the total supply, and the company claims to have "basically completed" th

Breaking AI News: Liu Xing, head of public relations at Doubao, publicly questioned the claim that "over half of China's AI computing power is used to create short pleasure dramas," bluntly stating that the related data is "somewhat unreliable." He revealed that only about 10% of ByteDance's total computing power is used for training and inference of video generation models. This proportion also includes model research and development, not all of which is used to produce short dramas. The contr

BlockBeats news, on October 19, since the weekend, large BTC accounts have rearranged near-term buybacks, rebound exits, and deep acquisition plans. The over $100 million acquisition plan still active last week was withdrawn over the weekend; another long position significantly lowered its exit target. These large holders' planned purchases seem to be becoming more conservative, while they are willing to exit earlier. According to TradingBeats monitoring, BTC is currently reported at about $82,

BlockBeats news, on October 19, Ethereum co-founder Vitalik Buterin posted that placing most cryptographic support in precompiled contracts and the Ethereum Virtual Machine (EVM) is not an ideal solution. Since the data processed by both usually needs to be written to the Ethereum block via call data, there is a limit to on-chain data space. Even with the introduction of PeerDAS and Blob mechanisms, actual data throughput may still face pressure after reaching about 8 MB/s. Ethereum should not

BlockBeats news, on October 19, affected by the stock price declines of Samsung Electronics and SK Hynix among other companies, South Korea's major pension fund, the National Pension Service (NPS), suffered a loss of 182 trillion KRW, approximately 137 billion USD. According to financial data provider FnGuide, as of October 15, the valuation of NPS's portfolio holdings with a 5% or greater stake in 287 listed companies dropped from 515.93 trillion KRW at the end of June to 333.53 trillion KRW.