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On October 15, MSCI revised the eligibility rules for constituents of the global investable market index, tightening the definition of "non-operating companies" and subjecting Bitcoin treasury companies to stricter scrutiny. The Strategy led by Michael Saylor has not been removed from the MSCI index.MSCI stated that it will assess whether a company qualifies as a "non-operating" company based on its operational and financial characteristics, and companies holding digital assets may still have genuine operational activities; existing constituents are still subject to a buffering mechanism, and the relevant consequences will need to be clarified further in the November index review.

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours was 222 million dollars. Among them, long positions accounted for 160 million dollars, and short positions accounted for 61.4383 million dollars, with long positions making up 72.3%. A total of 71,183 people were liquidated.By coin type, BTC had a liquidation of approximately 43.5224 million dollars (long positions 36.3862 million dollars, short positions 7.1362 million dollars). ETH had a liquidation of approximately 36.3222 million dollars (long positions 27.5461 million dollars, short positions 8.7761 million dollars). SOL had a liquidation of approximately 9.1886 million dollars (long positions 7.5828 million dollars, short positions 1.6058 million dollars). ZEC had a liquidation of approximately 8.8026 million dollars (long positions 6.7587 million dollars, short positions 2.0439 million dollars). CL had a liquidation of approximately 7.648 million dollars (long positions 0.117 million dollars, short positions 7.6363 million dollars). SOXL had a liquidation of approximately 6.324 million dollars (long positions 6.2116 million dollars, short positions 0.1124 million dollars). XRP had a liquidation of approximately 4.767 million dollars (long positions 4.5276 million dollars, short positions 0.2394 million dollars). NEAR had a liquidation of approximately 4.2293 million dollars (long positions 3.0669 million dollars, short positions 1.1624 million dollars).

StepFun, an AI startup invested by Tencent, has released the STEPX Neo phone, which features an AI intelligent agent directly built into the operating system rather than as an external application. The phone began pre-sales on the evening of October 13, priced at 3999 yuan (approximately 560 USD), with its official sale starting on October 16. Pre-sale channels include JD.com, Tmall, and Douyin. Users do not need to open a ride-hailing app to input addresses and select vehicles; they simply need to inform the destination, and the intelligent agent can autonomously complete the subsequent steps. StepFun stated at the launch event that in the era of intelligent agents, AI is no longer an additional feature of smartphones but is the product itself.The device runs on the Step AOS 1 system, which the company claims is designed from the ground up for intelligent agents, featuring long-term memory, task scheduling, and security control capabilities, composed of a mix of Android, Linux, and real-time operating system components. The system uses the MCP protocol to break down functions such as messages, applications, files, and settings into small modules that can be directly called by the intelligent agent, giving users two entry points: a traditional application grid and an intelligent agent space. The intelligent agent is named Amoo, which saves two types of memory: user factual preferences and task execution experiences. Simple commands are processed by a small model on the device, some of which can run offline, while complex cross-application requests are handled by a large model in the cloud. A second MiniLED screen on the back of the device can display Amoo's execution status.Nearly 100 companies and products, including Alipay, Tencent, Trip.com, Didi, and Meituan, have integrated with Amoo. Payments, travel bookings, and content creation are still completed by their respective platforms. This is an alternative path for StepFun in response to the major application blockages faced by ByteDance's Doubao, which previously used screen reading and simulated clicking solutions. StepFun was founded in 2023 by former Microsoft Vice President Jiang Daxin. Its self-developed flagship large model, Step 5 Preview, was launched in September, with a parameter scale of 600 billion and a single activation of 27 billion, supporting a context of 1 million tokens; the earlier released Step 3.5 Flash was open-sourced under the Apache 2 license. The price of 3999 yuan includes a 12-month STEPX Token plan, providing 100 billion tokens per month, while the AI costs after the first year have not yet been announced.

On October 17, the decentralized stablecoin USDD announced an additional reward of 16,000 USDD for the ongoing Gate DEX Bonus event, covering both Ethereum and BNB Chain, raising the total prize pool to 154,000 USDD. The enhanced event will run from October 18 at 18:00 (Singapore time) to November 27 at 18:00.Among them, the daily reward for the Ethereum chain event has been increased from 1,000 USDD to 1,200 USDD, with a total prize pool of 68,000 USDD; the daily reward for the BNB Chain event has been increased from 1,300 USDD to 1,500 USDD, with a total prize pool of 86,000 USDD.Previously, on September 28, USDD announced the launch of a new dual-chain Bonus event in collaboration with Gate DEX, which will run from that day until November 27. The official reminder states that users can participate through the Gate DEX-Earn-Stablecoins-Bonus section, and existing user earnings will automatically and seamlessly connect. Please ensure that there is enough BNB or ETH in your wallet for Gas fees before participating.

The cryptocurrency trading platform Bitfinex stated on X that even though the ETF is in a sell state, new BTC buyers have still accumulated about 570,000 BTC since the end of July.Bitfinex indicated that the average cost for these buyers is approximately $75,000, and this cost has been maintained during each pullback since August.

According to Coinglass data, if ETH breaks through 2,544 USD, the cumulative short liquidation intensity on mainstream CEX will reach 813 million USD. Conversely, if ETH falls below 2,302 USD, the cumulative long liquidation intensity on mainstream CEX will reach 768 million USD.

According to Coinglass data, if BTC breaks through $85,480, the cumulative short liquidation intensity on major CEXs will reach $1.063 billion. Conversely, if BTC falls below $77,512, the cumulative long liquidation intensity on major CEXs will reach $1.06 billion.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Dota 2: Royal Bear vs Xipto Esports - DreamLeague Southeast Asia Closed Qualifier Playoffs," the "O/U 4.5 games" sub-market's "Over" option win rate has experienced significant fluctuations, dropping from 50% an hour ago to the current 31.5% (a fluctuation of 18.5%). Please note the impact of related breaking news.

According to the official event report from UNCX Network, on October 14, attackers exploited a set of public vesting operations of Smart Token Vesting V2, creating a discrepancy between the token balance in the pool and the recorded shares, allowing the controlled positions to withdraw excess tokens.The attack affected four networks: Ethereum, BNB Chain, Base, and Robinhood, involving 10 tokens and a total of 11 confirmed withdrawal transactions, with a verified economic value of approximately $807,609, of which about $567,500 was from the BNB Chain. The involved calls did not use administrator privileges.After the incident, white hats returned 82,143,476 X tokens and 23.8682 ETH, and currently, there are no significant tokens pending disposal. UNCX stated that it is working with legal advisors to review technical evidence and subsequent handling.

Arthur Hayes recently stated in an interview with The Rollup that the threat of quantum computing to cryptocurrencies is exaggerated, being a known and manageable risk rather than a reason to sell.Hayes believes that the truly practical protection lies in address hygiene, which means avoiding address reuse, using updated signature types, and so on. Most risks are concentrated among those who manage their addresses poorly. Hayes does not believe that quantum computing is a catalyst for panic or selling Bitcoin at this time.

According to Reuters, citing informed sources, after Anthropic disclosed its latest financial data, some existing and potential IPO investors are considering lowering their valuation expectations. At an investor event in San Francisco on October 14, some investors discussed a valuation of about $1.5 trillion, down from the previous expectation of about $2 trillion for the November IPO.Anthropic disclosed to investors that its third-quarter revenue grew 45% quarter-over-quarter to $16.8 billion, achieving adjusted profitability. However, second-quarter revenue had more than doubled quarter-over-quarter to $11.6 billion, and the slowdown in growth disappointed some investors. The aforementioned valuation is a discussion among investors and is not the final IPO pricing; Anthropic did not immediately respond to Reuters' request for comment.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: BNK FEARX vs Team WE - Demacia Cup Global Invitational Playoffs," the "Over" option in the sub-market "Total Kills Over/Under 27.5 in Game 4" experienced a sharp fluctuation in win rate, plummeting from 72.5% an hour ago to the current 50% (a fluctuation of 22.5%). Please note the impact of related breaking news.

Cryptocurrency analyst Darkfost pointed out that the Uniswap token UNI has performed strongly since the beginning of the year, with its TVL reaching a new high for the year in September (over $4 billion), and DEX trading volume also peaking at $93.6 billion. The price has risen by as much as 370% from the low in June. However, due to the increase in the number of tokens flowing into exchanges, UNI is currently in a distribution phase. The inflow of UNI on Binance reached its highest level of the year, with the Z-score exceeding 4 multiple times in late September, and daily inflows exceeding $40 million. Although the inflow momentum seems to have weakened, the overall inflow remains quite active. If the inflow continues to decline, UNI may be expected to bottom out, ending a correction of over 30% since its recent high of $10.9.

According to the market information platform Liquid247.xyz, the Hyperliquid address 0x3ff54f...f705 currently holds a BTC short position of 731.145 coins, with a nominal value of 59.7213 million USD.At the time of publication, BTC is quoted at 81,682 USD.

According to a report by the Canadian Broadcasting Corporation (CBC), Aiden Pleterski, who claims to be the "King of Crypto," is on trial in the Ontario Superior Court. A senior forensic accountant from the Ontario Securities Commission testified that between 2020 and 2022, investors invested $36.3 million with him, of which he used nearly half for personal expenses. Specific expenditures included approximately $5.6 million on luxury cars, $4.9 million in credit card bills, $870,000 on travel and private jets, $598,000 on security costs, and nearly $3.7 million transferred to his parents. At the same time, he paid investors about $16.1 million as "returns."The accountant pointed out that investor funds were never transferred to the trading platform FXChoice as promised in the contracts, with only about $113,000 flowing to other forex and cryptocurrency platforms. The prosecution alleges that he guaranteed investment returns but did not actually trade, instead using the funds for personal consumption. Pleterski denies the charges of fraud and money laundering, and the case is still ongoing.

Ethereum co-founder Vitalik Buterin shared that the cost of Bitcoin mining is roughly half derived from capital expenditures on computing power equipment and the other half from electricity consumption; in contrast, the cost of AI inference is almost entirely dominated by capital expenditures on computing power. This difference reflects the distinct cost structures of the two computing businesses. Bitcoin miners need to continuously pay for electricity and determine their profit margins based on mining machine efficiency, coin prices, and network difficulty changes; AI inference, on the other hand, relies more on investments in expensive hardware like GPUs, as well as equipment utilization and computing efficiency.The industrial boundaries of both are also changing. As the demand for AI computing power grows, some Bitcoin mining companies are beginning to shift their existing electricity resources and data center facilities towards AI and high-performance computing businesses, hoping to transition from pure mining to computing infrastructure services. Some mining companies are leveraging previously allocated electricity capacity for mining to enter the AI data center market. However, transformation does not mean that cost pressures disappear: mining operations are more directly exposed to fluctuations in electricity prices and Bitcoin prices, while AI computing businesses must bear risks related to GPU procurement, depreciation, and underutilization. Both types of businesses compete for electricity and computing resources, but ultimately, profitability depends on how these resources are converted into revenue.

According to official data from Bitget, the sixth batch of rewards for the platform's "Peer Program" has been fully distributed, with a total of 6,182,523 USDT awarded to 4,515,913 participants.In addition, users who enter the event page to claim their rewards will also receive an additional chance to participate in the 8th Anniversary blind box lottery. The event will last until October 26.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 54, down 10 points from yesterday. The average over the past 7 days is 59, and the average over the past 30 days is 67.