Blockbeats

Blockbeats

Tomorrow’s news rhymes on BlockBeats.

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Blockbeats
Blockbeats
Trump praises the US stock market: "The strongest in history!"
BlockBeats news: On October 17, U.S. President Trump posted on his social media with images and text stating that during his administration, the S&P 500 index surged from 5881 points in December 2024 to 7651 points in September 2026, an increase of about 30%. Trump also captioned it: "The strongest in history!" Recently, AI trading risks have gradually overwhelmed the U.S. stock market. On Friday, U.S. stocks fell across the board, with concerns over AI investment returns combined with soaring
Blockbeats
Blockbeats
Jump and DRW bet on the AI computing power futures market, with the market size potentially reaching $2.3 trillion by 2030
Dynamic Insight Beating AI News: According to Bloomberg, Jump Trading and DRW are increasing their involvement in the financial derivatives market linked to AI computing power, planning to trade computing power futures and other contracts to help companies hedge against GPU rental price volatility. Both companies entered the cryptocurrency market relatively early and are now attempting to replicate similar market-making experience. Jump has formed a dedicated trading team that will use its own
Blockbeats
Blockbeats
A certain whale made a 20x long on SOL with an unrealized profit of $13 million, holding a position valued at $57.5 million
BlockBeats news, on October 17, according to Arkham monitoring, the whale trader 0x9c6 went long on SOL with 20x leverage on Hyperliquid, currently holding a position valued at about $57.5 million, with an opening price of $80.86. Based on the current SOL price of $104.43, the position has an unrealized profit of about $13 million. The trader opened the position about a month ago and has not closed it yet. Their Hyperliquid account is currently valued at about $24.2 million.
Blockbeats
Blockbeats
Claude cracked a 25-year-old cryptography puzzle in half an hour. Why doesn't Bitcoin use this set of curves?
BlockBeats news: On October 17, Anthropic disclosed that its internal model Claude cracked the mystery of the NIST standard elliptic curve seed generation, which had puzzled the cryptography community for about 25 years, in less than half an hour. This discovery is also closely related to the underlying security design of cryptocurrencies. ECDSA is a widely used cryptographic standard for digital signatures, supporting wallet signatures and identity verification for many crypto assets. Around t
Blockbeats
Blockbeats
Justin Sun's latest personal asset allocation: BTC base holdings unchanged, ETH reduced by 80-90% to reinvest in US stocks
BlockBeats news, on October 17, TRON founder Justin Sun recently shared his personal asset views "excluding TRON" during a 3.5-hour offline conversation with Jin Ming. The core allocation points are as follows: · BTC: Held as a base position, no reduction in the past year. Although concerned about the impact of quantum computing and AI algorithms, he believes the market has not fully priced in these risks, but still insists on holding and uses a cold wallet "bunker mode" for isolation. · ETH: R
Blockbeats
Blockbeats
Yesterday, the US spot Bitcoin ETF had a net outflow of $82.4 million, and the spot Ethereum ETF had a net outflow of $69.7 million
BlockBeats news, on October 17, according to Farside monitoring, the US spot Bitcoin ETF had a net outflow of $82.4 million yesterday; the spot Ethereum ETF had a net outflow of $69.7 million, marking three consecutive trading days of net outflows.
Blockbeats
Blockbeats
Anthropic secretly lobbies Congress: The model must face a risk of over $1 billion in losses or 50 casualties before the government can intervene
Beating AI News: According to Politico, Anthropic is privately lobbying U.S. Congress members on a cutting-edge AI safety bill draft that proposes strict thresholds for government intervention in AI models. Under the draft, the government may only request a halt if the model faces foreseeable and imminent specific risks that could cause over $1 billion in losses or result in more than 50 deaths or serious injuries. The draft limits regulatory trigger conditions to three types of risks: AI model
Blockbeats
Blockbeats
Cloud deployment platform Zeabur announces gradual shutdown, having suffered two security attacks, all servers to be closed by December 31
Breaking AI News from Dongcha: Lin Yuanlin, founder of cloud deployment platform Zeabur, announced via user email that the platform will gradually cease operations, with some services stopping from December 1 and all dedicated servers and shared clusters shutting down before December 31. The official recommendation is for users to back up data early and arrange migration. This shutdown decision is related to consecutive security incidents on the platform. Zeabur experienced a security breach in
Blockbeats
Blockbeats
Viewpoint: The risk of MicroStrategy being removed from MSCI may have already been priced in, and if MSTR's net mNAV falls below 1, it will be an opportunity
BlockBeats news, on October 17, crypto KOL CM expressed the view that the market may have already priced in the impact of MSCI removing MicroStrategy (Strategy) in advance, and when the actual passive selling pressure occurs, MSTR's stock price may not necessarily decline sharply further. MSTR closed down 9.56% yesterday. Currently, there are different valuation metrics for MSTR in the market. The ordinary mNAV is the ratio of the company's stock market value to its BTC holdings value, while th
Blockbeats
Blockbeats
Analysis: The "GENIUS Act" paves the way for Samsung stablecoin payments, covering 82 million US Galaxy users
BlockBeats news, on October 17, a relevant person in charge of the Solana Foundation stated that the US "GENIUS Act" provides regulatory momentum for enterprises and financial institutions to enter the stablecoin field, and it is also one of the important background factors for Samsung to launch stablecoin payment services. Samsung has announced that it will support USDC cross-border transfers in Samsung Wallet starting from the last week of October, initially targeting eligible Galaxy users in