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Goldman Sachs Group data shows that, affected by the stock market sell-off, global hedge funds have experienced the broadest decline since the COVID-19 pandemic. All three major stock strategies fell more than 1% on the same day.As of Thursday's close, global fundamental long-short strategy funds fell by 1.4%, while funds focused on telecommunications, media, and technology sectors averaged a decline of 2.7%. Global systematic long-short strategy funds fell by 1.3%, and multi-strategy platforms fell by 1.9%.

According to official data from Bitget, the eighth batch of rewards for the platform's "Peer Program" has been fully distributed, with a total of 7,657,537 USDT awarded to 5,946,778 participants.In addition, after users enter the event page to claim their rewards, they will also receive an additional chance to participate in the 8th Anniversary Surprise Blind Box lottery. The event will last until October 26.

Market data shows that Yushu Technology has reached a 20% limit-up, currently priced at 624 yuan, with a transaction volume exceeding 4 billion yuan.The A-share humanoid robot sector continues to rise, with Zhongcheng Technology hitting a 30% limit-up, and Yushu Technology, Luozhou Co., Ltd., Leyard, and several other stocks reaching a 20% limit-up. Aobo Zhongguang, Yuncong Technology, Shangwei New Materials, and Songsheng Co., Ltd. are all climbing.

Early investment institution ZhenFund has launched Ask AI on its official website. Entrepreneurs can directly inquire about which teams ZhenFund has invested in, what fields they are currently focusing on, and what activities are suitable for them.ZhenFund has compiled publicly available information about its investment team, invested companies, areas of interest, entrepreneurial activities, and contact information into a bilingual zhenfund.md. After users click on any AI entry point, the website will redirect to Kimi, ChatGPT, Claude, or DeepSeek, and pre-fill the prompts, allowing the model to read the document before answering questions.

According to monitoring data from Arkham, the ether.fi team marked an address that transferred 3.5 million ETHFI to address 0xB20 again, worth approximately 2.28 million USD.This address received 1.255 million ETHFI about 12 months ago, suspected to be a smart contract address with an associated vesting unlock feature, which means that ether.fi currently has nearly 5 million ETHFI available for free disposal and has not yet been staked.

According to the market intelligence platform Liquid247.xyz, OKX perpetual ETH has approximately 2,140.22 buy orders at the price level of $2,400.00, with a nominal value of about $5.1365 million, which is a pullback of about 0.17% from the mid-price of approximately $2,404.06 at that time.In the same market, the total buy orders for OKX perpetual near-term are about $29.1238 million, while the sell orders are about $28.5814 million, resulting in a net buy of approximately $542,400.

Market research firm Counterpoint Research data shows that in the third quarter of 2026, major personal computer manufacturers experienced double-digit declines in sales, with HP down 31%, Dell down 25%, Lenovo down 23%, and Apple down 11%. The firm expects that personal computer shipments will decline by another 27% in the fourth quarter, with business demand being better than consumer demand, but not enough to offset the overall contraction.In terms of shipments, Lenovo shipped 15 million units, with a market share of 26.3%; HP shipped 10.3 million units; Dell shipped 7.6 million units; Apple shipped 5.6 million units, with a share of 9.8%, up from 8.7% in the same period last year, as the MacBook Neo alleviated the decline. ASUS saw a shipment decline of 7%.Counterpoint analyst Minsoo Kang stated that rising memory and component costs are pushing up system prices, causing consumers to delay upgrades. David Naranjo mentioned that the industry is undergoing structural adjustments, with component costs, system prices, and longer upgrade cycles reshaping the market. The report also stated that the increase in DRAM and NAND prices may slow down in the first half of 2027, and Micron indicated that the chip shortage may last until 2028.

According to Digital Asset, the Bank of Korea will require virtual asset transfer service providers to report monthly to the foreign exchange information system the end-of-month holdings of users who have conducted cross-border cryptocurrency asset transfers to overseas exchanges, personal wallets, etc., since July 19, 2024, starting from December 2. Even if there are no cross-border transactions in that month, reports must still be submitted.The report covers the number of coins held, the converted balance in Korean won, and the total amount of cross-border inflows and outflows for the month. Dormant accounts, delisted assets, and staked assets are also included in the scope and must be submitted by the 10th of the following month at 17:30. It has not yet been determined whether there will be a requirement to retrospectively submit records of cross-border transfer transactions conducted before the implementation of the reporting system.

Financial Associated Press, October 22 - China Telecom (601728.SH) announced that its operating revenue for the third quarter was 121.089 billion yuan, a year-on-year decrease of 3.01%; the net profit attributable to shareholders of the listed company was 6.620 billion yuan, a year-on-year decrease of 14.65%.The announcement showed that the operating revenue for the first three quarters was 380.099 billion yuan, a year-on-year decrease of 3.59%; the net profit attributable to shareholders of the listed company was 26.207 billion yuan, a year-on-year decrease of 14.84%. In the first three quarters of 2026, the company fully implemented the strategy of transforming cloud into data and then into intelligent benefits, maintaining stable operational performance.The company stated that it adheres to the main line of Token management, accelerates the creation of a leading AI service provider, moderately advances the construction of a new generation of communication networks and computing power networks, continuously upgrades the Star TokenHub platform, and experiences rapid growth in daily Token usage, promoting the accelerated implementation of "Smart Cloud Cities," and launched the Star Super Intelligent Agent TeleAgent.

According to South Korean media Digital Asset, the Second Division of the Seoul Administrative Court held its first hearing on October 22 regarding the administrative lawsuit between Bithumb and the Financial Intelligence Unit of Korea (FIU). The FIU determined that between August 28, 2022, and April 3, 2025, Bithumb conducted 45,772 transactions with 18 unreported cryptocurrency operators, and based on this, imposed sanctions, including a partial suspension that restricts new customers from transferring cryptocurrency assets externally for six months.Bithumb stated in court that transactions of 1 million won or more are subject to the "travel rule," and unreported operators have been excluded from the list of optional exchanges, thus the number of violations for this amount range is zero. Transactions below 1 million won were not subject to the travel rule at that time, and the platform had no legal basis to require customers to provide information about the receiving exchange, nor did the regulatory authorities specify a blocking method. Bithumb also mentioned that after integrating the Chainalysis API, only about 2% of the addresses that could not be confirmed were later identified as unreported operators designated by the FIU. If all were blocked, the remaining 98% of normal transactions would be affected, and the platform could also face user claims.Bithumb also believes that the six-month sanction is excessive, effectively equivalent to prohibiting the platform from acquiring new customers. The company also questioned the FIU's criteria for identifying overseas operators and the reasonableness of the basis for the sanctions.

According to Catcher Predict monitoring, in the market prediction event "Elon Musk Tweet Count Prediction" on Polymarket, the "Yes" option in the sub-market "260-279" has experienced severe fluctuations in winning probability, dropping from 52.5% an hour ago to the current 36.5% (a fluctuation of 16%). Please note the impact of related breaking news.

Tether-supported Utexo has now opened early access to Utexo Mint, allowing professional operators to test the cross-chain version of USDT on the Bitcoin Signet (Bitcoin testnet), with the official launch date set for November 28.In the Bitcoin Signet sandbox environment, operators can test minting, privacy transfers, and redemption functions. Utexo will also provide related tools for managing cross-network liquidity and facilitating exchanges between fiat currency and the Utexo cross-chain version of USDT. According to previous news, Tether-supported Utexo plans to issue USDT on the Bitcoin network this month, supporting privacy transfers and direct exchanges with BTC.

According to the announcement from Forma's official X account, the Forma mainnet will stop operating at block height 34,567,890, expected around November 5th, giving users about two weeks to withdraw on-chain funds.After the chain stops, the team will take a snapshot of the on-chain state and migrate the remaining TIA to Eden. Both chains are EVM chains, and users can use the same wallet address to withdraw funds from Eden after the migration is complete.Modularium will migrate to Ethereum, and the related NFTs will be migrated as well; holders will need to claim them themselves through the re-launched Modularium website, as NFTs will not be automatically airdropped. The official statement indicates that the migration may take several days after the chain stops, and further announcements will be made when the migration is complete, along with more details and operational instructions in the coming weeks.

a16z Frontier founding partner Chris Dixon stated that early Web2 platforms were built on fragile tacit agreements: independent creators, bloggers, news media, and community volunteers contributed high-quality content for free, while platforms provided traffic distribution, audience accumulation, and commercial revenue opportunities.He pointed out that after forming a monopoly through network effects, platforms continuously tightened algorithms, forcing creators to pay for traffic. With the advent of the generative AI era, large model companies collect long-accumulated content from the entire internet through crawlers and directly provide answers in search and Q&A interfaces, no longer diverting traffic to the original websites, thus severing the economic cycle of independent creators.Dixon believes that if this trend continues, high-quality original content may be depleted, and the internet could be flooded with low-quality machine-generated content. He proposed that verifiable data ownership could be established through blockchain protocols, allowing data calls, reasoning, and training to be traceable and automatically receive economic returns. Reshaping this contract is one of the important missions of the Frontier fund.

According to DefiLlama data, Gate has seen a net inflow of approximately 184 million USD in the last 24 hours, ranking third among global centralized exchanges.

AI video startup Higgsfield Inc. announced that it has received investments from NVIDIA and TCV. This round of financing will be used to support global infrastructure development and talent recruitment. The company is headquartered in San Francisco, with its engineering team primarily located in Kazakhstan.This financing is a follow-up extension to the Series B funding in August, during which it raised $400 million, bringing the company's valuation to $5.4 billion.

Toto Finance, a company that converts physical goods into blockchain tokens, has submitted a governance proposal to the Cardano community, seeking to withdraw 22 million ADA (approximately 5 million USD) from the Cardano treasury to establish a "Cardano Strategic Copper Reserve." Voting will close on November 15. The proposal plans to purchase and tokenize copper that meets COMEX standards, with the token CuTT representing each pound of verified physical copper.According to the proposal, about two-thirds of the budget will be used to purchase exchange-grade copper from COMEX-certified warehouses near New Orleans, while the remaining one-third will cover storage, insurance, auditing, oversight, and Toto's operational costs. If the full budget is spent and the ADA to USD price remains unchanged, copper prices would need to rise by approximately 49.4% to recover the treasury investment. The proposal assumes a purchase price of $6.73 per pound and a selling price of approximately $10.06, with plans to hold for 18 to 24 months and sell in the following year, with net profits and unused funds required to be returned to the treasury before the 36th month.Monty Metzger, founder and chairman of Toto, stated that copper has significant upside potential, with an optimistic scenario predicting an annualized increase of about 30%, approximately 69% over 24 months, which could cover the 49.4% breakeven point, but commodity prices could also decline. Toto retains its commercial rights to the CuTT business for separate financing and hopes to scale the tokenized copper asset to $5 billion. The withdrawal limit of 500 million ADA from Cardano will last until around July 2027, and as of October 16, 457.4 million ADA has been used, with this proposal consuming more than half of the remaining quota.

The Browser Company announced that it will completely cease the operation of the macOS and Windows versions of the Arc browser on December 22, 2026, and has closed new user registrations. Starting from November 23, the AI features on mobile, login, and tab synchronization will gradually be disabled, and the team will fully shift its focus to the AI browser Dia.Arc was launched in 2022, initially limited to Mac users through invitations, and was fully opened in 2023, with plans to gradually launch on Windows and mobile platforms in 2024. The product design includes a vertical tab bar, independent workspaces, automatic tab organization, split-screen browsing, and allows users to directly modify the appearance of web pages. The official disclosure indicated that Arc had over 1 million weekly active users.Founder Josh Miller stated in 2025 that Arc was too complex for ordinary users, with a high learning cost, and only 5.52% of daily active users frequently used multiple workspaces. The team stopped developing new features that year and shifted to Dia. In October of the same year, the parent company was acquired by Atlassian for approximately $610 million. The reason for the shutdown was that browser security in the AI era requires continuous investment, and engineering and security resources must be concentrated on Dia.