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U.S. Stocks End Three-Session Losing Streak; Dell Surges More Than 15% on Better-Than-Expected Earnings, While Treasury Yields Nearing 5% Raise Concerns About a Global Pullback
U.S. stocks closed higher on Wednesday, with technology shares strengthening, Dell surging, and oil prices stabilizing. U.S. Treasury yields approached 5%, and global stock markets may face a 5%-8% correction. Trump said the strikes on Iran would end soon and that the Strait of Hormuz would be renamed the Trump Strait. The former British prime minister warned that failure to control debt would force emergency spending cuts. The Beige Book said the U.S. economy grew moderately, with AI and data centers serving as key supports. Tron’s USDT supply surpassed Ethereum’s for the first time. Broadcom’s Q3 results exceeded expectations, and its AI revenue guidance was raised. Robinhood Chain generated $3.75 million in daily fees, exceeding the combined total of Solana, ETH, and Base.
SPYX-1.78%
NAS100-1.00%
NVDA-3.08%
META-3.18%
DELL-11.41%
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Tether Pays Over $6 Million to Nxum, a Consulting Firm in Which Bo Hines Holds a Stake
ME News reported that former White House crypto adviser Bo Hines’s Nxum, which he co-founded with partners, established a business relationship with Tether while pushing the GENIUS Act, with Tether paying Nxum more than $6 million. Although Hines has stepped away from day-to-day operations, he continued discussing the bill in a Signal group. The bill was signed into law in 2025, Hines left in August, and he was appointed CEO of Tether’s U.S. stablecoin business in September, raising questions about a potential conflict of interest.
Bastion Challenges SkyAI’s Cash Tender Offer, Demands Disclosure of SOL Sale Details and Board Restructuring
Bastion Trading Limited, which holds approximately 9.99% of SkyAI, has questioned its $3-per-share cash offer disclosed in October, alleging that SkyAI failed to disclose details of the sale of approximately 70% of its SOL holdings, which fell from more than 2 million to approximately 600,000 between 9/14 and 10/13, as well as the fact that all five directors at the 2026 shareholder meeting received more votes against them. It is demanding full disclosure of the SOL sale, a board reorganization, and a special committee of independent directors nominated by shareholders to oversee the offer. It also wants the offer price raised to at least $3.5, based on net assets of $3.3, the exclusion of related warrants, and the cancellation of multiple conditions.
Trader Qwerty announced a temporary departure from the crypto space and has emptied all publicly known wallets.
ME News reported on October 15 (UTC+8) that trader Qwerty posted on X, stating that he would temporarily step away from crypto trading and social activities and had emptied all public wallets. He said he had gradually begun to feel as though he were playing the role of “Qwerty” and had even lost his true self during trading. He therefore decided to temporarily withdraw and stop all public activity for the foreseeable future. (Source: ODAILY)
ME-11.20%
Sentient Launches the AI Model Fingerprinting Benchmark Fingerprinting Leaderboard to Test Whether AI Models Can Prove Their Own Provenance
Sentient Foundation announced the open evaluation benchmark Fingerprinting Leaderboard and the open-source mlprints toolkit to assess AI model fingerprints and robustness against adversarial attacks. Previous research has shown that various fingerprints may be bypassed under sophisticated adaptive attacks. The benchmark validates fingerprint embedding and removal resistance through open testing. In the future, fingerprints will also be tied to model capabilities, so removing a fingerprint will weaken the model’s capabilities.
SENT-5.92%
ME-11.20%
ETH fell below $2,400, down 1.9% over 24 hours, with the current price at $2,383.98.
ME News, October 15 (UTC+8) — According to CoinMarketCap market data, ETH has fallen below $2,400 and is currently priced at $2,383.98, down 1.9% over the past 24 hours. (Source: CoinMarketCap)
ETH-5.86%
Fuzhou’s Jin’an District Procuratorate Discloses Three Virtual Currency-Related Cases
The Jin’an District People’s Procuratorate in Fuzhou disclosed three virtual currency-related cases: First, Liu and others, knowing that the funds involved were proceeds from fraud, established a money-laundering channel involving “purchasing baijiu for cash conversion + USDT transfers,” transferring 210,000 yuan. They were each sentenced to 3 years and 7 months and 1 year and 5 months, respectively, for concealing or disguising criminal proceeds. Second, Zheng and others carried out a “robbery among criminals” under the guise of over-the-counter USDT trading, taking more than 40,000 USDT. The five defendants were sentenced to between 5 years and 7 months and 10 years and 4 months. Third, Wang solicited 6.28 million yuan in funds from more than 30 people under the pretext of “principal-guaranteed, high-yield returns from computing-power mining,” causing losses of 3.48 million yuan, and was convicted of illegally absorbing public deposits. Source: PANews
Police in Fujian, China, Solve Cryptocurrency Robbery Case Involving Criminals Robbing Criminals, Recover Most Stolen Funds and Return Them to the Victim
According to reports, in March 2025, Zheng Mouyi and others took advantage of weak regulation of offline USDT over-the-counter transactions to plan and carry out a “rob the robbers” scheme. After raising more than 340,000 yuan, they invited a merchant to conduct an offline transaction. Once the merchant transferred more than 40,000 USDT, Zheng Mouyi sprayed pepper spray while his accomplices violently seized all the funds. The six individuals involved divided the proceeds. The entire group was apprehended the day after the crime, and the police recovered most of the stolen funds and returned them to the victim. The Jin'an District People's Procuratorate legally brought public charges against Zheng Mouyi, Zou Moumou, and three others for robbery. In 2026, the court handed down its verdict, sentencing the five defendants to prison terms ranging from 5 years and 7 months to 10 years and 4 months for robbery.
BTC fell below $81,000, down 1.0% in the past 24 hours, and is currently priced at $80,859.
ME News, October 15 (UTC+8) — According to CoinMarketCap market data, BTC fell below $81,000 and is currently quoted at $80,859, with a 24-hour decline of 1.0%. (Source: CoinMarketCap)
BTC-3.20%
Trump says he has done a good job on inflation.
ME News, October 15 (UTC+8) — When asked whether he had discussed the inflation report with Federal Reserve Chair Waller and the market’s increased bets on an interest rate hike, U.S. President Trump said: “We’re doing very well. Inflation was 1.7% over the past three months. When we took over from Biden, we were facing an extremely bad inflation situation. We’re doing an outstanding job now.” (Source: Jin10)
Riot Platforms Signs Custody Services Agreement with BitGo, Replacing NYDIG
Riot Platforms filed an 8-K with the U.S. Securities and Exchange Commission, announcing that it had entered into a custody agreement with BitGo Bank & Trust, National Association, replacing its custody arrangement with NYDIG Trust. The digital assets and cash will be transferred to BitGo and held in segregated accounts, while ownership will remain with Riot. The initial term is one year and may renew automatically; either party may terminate the agreement without a fee by providing 14 days’ notice.
RIOT-9.50%
BTC-3.20%
a16z Cuts Most Staff from Its Portfolio Recruiting Team, with Remaining Employees Assigned to Crypto and Other Departments
ME News reported on October 15 (UTC+8) that a16z plans to reassign the remaining members of the "Full Stack Talent" team to specialized investment departments such as growth investing and cryptocurrency. Each department will form teams based on its own needs, no longer relying on a unified central recruiting team. Currently, all members of the team are still listed on the a16z website. a16z
Bitwise Is Pushing More Than 20 Wealth Management Platforms to Approve Crypto ETPs
A Bitwise analyst said the firm is working with more than 20 wealth management platforms representing approximately $24 trillion in assets, promoting the approval of crypto asset ETPs so investment advisors can allocate them to clients. Among the institutions currently involved, 17 have approved crypto equity ETPs, 11 BTC ETPs, 6 ETH ETPs, 6 broad-market baskets, 2 Solana ETPs, as well as BTC and gold and XRP products. Since the first spot crypto ETFs launched in 2024, net inflows have totaled approximately $7.7 billion. The US now has more than 50 spot crypto ETPs covering multiple assets and baskets, and wealth managers’ interest in crypto is expanding into trading, custody, payments, and tokenization.
BTC-1.83%
ETH-3.09%
Anthropic opens Singapore office and signs AI cooperation memorandum with the Singapore government
Anthropic establishes its fifth Asia-Pacific office in Singapore and begins hiring; it signs a memorandum of understanding with MDDI on AI safety and the responsible use of AI, with the signing completed during Cybersecurity Week. Singapore ranks second globally in Claude.ai usage, with GovTech and others adopting it widely, while Grab and others save work hours through Claude. A Builder Summit was also held during the same period, attracting hundreds of developers.
Mt. Gox’s Former CEO Establishes Case Database for Tampered and Counterfeit Ledger Devices, Cataloguing 14 Devices
Former Mt. Gox CEO Mark Karpelès announced the creation of a personal open-source intelligence roundup page covering Ledger hardware wallet tampering and counterfeit device cases, compiled from public reports and images on X, with submissions open for additions. As of publication, the roundup includes 14 devices involving 7 sellers, including devices implanted with additional circuitry and counterfeit devices missing security components. It also includes links to the original reports and does not represent Ledger’s official conclusions.
10 Tokens Across 4 Chains Affected by Security Attack on UNCX Vesting V2
UNCX Announcement: Vesting V2 was attacked across multiple chains, with 10 tokens across 4 chains confirmed to be affected (Ethereum: 6 tokens: pepecoin, EDGEN, ZC, X, LO0P, PAAL; Base: IMO; BNB Chain: BTCLE; Robinhood Chain: CASHCAT, RKST). To contain the risk, a fixed fee of ≥1000 ETH has been imposed on each lock, clients and contract interactions that could bypass the fee have been removed, and the token fee has been increased to the contract maximum of 5%. LP locks and legacy vesting contracts are unaffected.
ETH-5.86%
PEPECOIN-7.28%
PAAL-8.79%
UNCX Lockers Releases Security Incident Update: Restrictions Implemented, Affecting 10 Tokens
After UNCX Lockers Vesting V2 was attacked across multiple chains, containment measures have been implemented: a fixed fee of more than 1000 ETH, removal of interactions that could bypass fees, and an increase in token fees to the contract maximum of 5% to prevent further exploitation. The LP locking contracts were unaffected, while the attack impacted ten tokens across four chains. The team is communicating with the affected teams and will release an incident report and recovery plan this week. Users are advised to avoid trading in the relevant pools until the token teams provide guidance. The attacker has not returned the funds, and investigations are being conducted in cooperation with law enforcement and security firms. According to monitoring by Blockaid, the losses were approximately $86,000.
ME-11.20%
ETH-5.86%
PEPECOIN-7.28%