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According to TechCrunch, the AI laboratory Flapping Airplanes, established for about a year, announced the completion of a $1 billion Series A funding round, co-led by Index Ventures and Lux Capital, with participation from Sequoia Capital, GV, and others, increasing its valuation to $45 billion, three times higher than the $15 billion valuation nine months ago.The company is dedicated to improving the data efficiency of AI model training and developing a GPU framework that can simultaneously perform tasks such as training and inference to reduce the costs of AI development and operation.

According to the Ethereum Distributed Validator Technology (DVT) protocol SSV Network governance forum, SSV Labs submitted the DIP-59 proposal on October 21. The proposal states that due to the current market environment and the financial situation of the DAO, funding for work has narrowed compared to previous years and original plans. It intends to significantly reduce the original development roadmap, shifting the focus from new product development to network maintenance, security, and Ethereum upgrade adaptation.The proposal also intends to revise and extend the arrangements related to DIP-31, with the service period extended to the end of June 2027, and it involves subsequent phased arrangements. The proposal disclosed that the third and final grant of 1,736,111.11 SSV stipulated in DIP-31 has not yet been paid.

On October 21, Intel announced that construction workers have installed the first major structural truss at the new chip factory in New Albany, Ohio, marking the start of the next phase of construction. Naga Chandrasekaran, head of Intel's foundry, stated on the company's website that this is another step towards expanding advanced semiconductor manufacturing capacity in the United States.The factory was originally scheduled to begin chip production in 2025, but Intel has now postponed the completion target to 2030. The second Ohio wafer fab at the same site is planned to be completed by 2031, located northeast of Columbus. The delay is related to a recalibration of the foundry business under CEO Lip-Bu Tan. After taking over in 2025, Tan adopted a more cautious strategy, preferring to advance large-scale factory construction only after customer demand is clear. The project was initially driven by former CEO Pat Gelsinger, aimed at providing foundry services for external customers.As of the end of 2025, Intel has been mass-producing the most advanced 18A chips at its Arizona wafer fab, primarily for its own processors, and has not yet secured large external customers. Chandrasekaran also announced on the same day that operations for the next wafer fab in Arizona are expected to begin by the end of 2028, with construction and equipment installation currently underway. In September 2025, reports indicated that SK Hynix might be in talks with Intel to lease part of the foundry space at the Ohio plant for producing memory chips, but neither party has confirmed any plans.

According to Coinglass data, the current whale holdings on the Hyperliquid platform amount to 8.545 billion USD, with long positions totaling 3.986 billion USD, accounting for 46.65% of the holdings, and short positions totaling 4.558 billion USD, accounting for 53.35% of the holdings. The profit and loss for long positions is 275 million USD, while the profit and loss for short positions is -259 million USD.Among them, the whale address 0x5b5d..60 has shorted ETH with a 5x leverage at a price of 2322.65 USD, currently showing an unrealized profit and loss of -13.8307 million USD.

Sonic Labs officially stated that within the next 24 to 48 hours, approximately 13 million S tokens will be transferred according to a strategic over-the-counter trading agreement, with the counterparty being its long-term partner.Both parties will collaborate to expand the coverage and user engagement of the Sonic ecosystem within each other's networks. This advance disclosure aims to inform the community about the upcoming large on-chain transfer.

The Solana ecosystem collectible card platform Collector Crypt announced that its total transaction volume in the past 24 hours reached 24.3 million USD, setting a new single-day historical record. During the same period, platform users opened a total of 123,425 card packs.Collector Crypt's card packs are products that randomly generate cards. After purchase, users must go through an authentication process to obtain tokenized versions of cards featuring Pokémon, One Piece, and sports stars, which can then be traded on the platform.On October 19, Pump.fun integrated the random card pack opening feature and collectible card trading market from Collector Crypt. On the first day of integration, Pump.fun users contributed approximately 20% of the total transaction volume of Collector Crypt's random card packs.

The GMX governance forum has released the GMLabs-003 proposal, which plans to use all remaining protocol revenue after the GT buyback on the Solana side to repurchase GMX. The purchased tokens will be added to the staking rewards pool, and the GT buyback mechanism will remain unchanged.The proposal also intends to introduce a 180-day unbonding waiting period for existing and new GMX and esGMX staking positions on Arbitrum and Avalanche, calculated from the submission of the unbonding request, with the previously staked time not counted. Pending requests can be canceled, and existing positions do not need to be migrated. The above adjustments are scheduled to be implemented on October 28, depending on the readiness for implementation.

According to informed sources, Tesla and SpaceX plan to announce a merger deal in the first half of 2027, with a combined company market value reaching approximately $3.7 trillion.This move aims to complete the merger during Trump's current administration to consolidate Musk's corporate control. With the U.S. midterm elections approaching, if the Democrats control Congress, Musk and his companies may face investigations.

The stock trading platform Aries announced the completion of a $7 million seed round financing, led by Thomas Peterffy, with participation from Kleiner Perkins, Collision, John Paulson, and 638 users.Aries stated that the company is building a stock trading platform and has launched Aries Infinite. According to its introduction, Aries Infinite is an infinitely scalable trading canvas where users can build components one by one or generate trading interfaces by asking AI questions.

According to an official announcement from Railway, the cloud deployment platform Railway detected abnormal activity in the system that stores customer environment variables. Preliminary investigations indicate that an unauthorized third party may have accessed encrypted environment variables and obtained decrypted content from some of those variables, which may include API keys, database credentials, and image repository credentials.Railway believes this incident is part of a recent series of attacks targeting platform companies, aimed at infiltrating AI inference service providers, and has notified upstream service providers to proactively revoke keys. Currently, Railway has suspended all deployments and recommends that all users immediately rotate the environment variables, API keys, and private repository credentials stored on the platform, and check relevant service logs.

Meta Platforms (META.O) CEO Mark Zuckerberg stated that he plans to build a "large-scale Muse network" to achieve agent collaboration.

Meta Platforms (META.O) reported third-quarter revenue of 64.6 billion dollars in 2026, compared to 51.242 billion dollars in the same period last year, with market expectations at 63.334 billion dollars.

According to the American financial media Semafor, Meta Platforms may officially announce a non-voting stock plan as early as Wednesday during the release of its quarterly financial report, aimed at financing investments in AI, a move that does not dilute Zuckerberg's control.

According to Crypto Briefing, the decentralized perpetual contract trading platform Lighter stated during its Q3 investor call that it plans to submit a derivative brand license application to the Commodity Futures Trading Commission (CFTC) in November 2026, aiming to become the first on-chain perpetual contract DEX approved by the CFTC. Founder Vladimir Novakovski mentioned that the team has been in communication with regulators for about 11 months.Currently, Lighter has integrated with Robinhood Chain to provide perpetual contract trading, and the number of Lighter Core accounts has exceeded 1 million. OKX market data shows that LIT has risen 22.26% in the past 24 hours, currently priced at $3.89.

The U.S. Securities and Exchange Commission (SEC) stated that three companies have notified it of their plans to operate tokenized securities trading venues (TSV) under the new innovation exemption policy.TSV LLC is held by Obsidian Systems co-founders Ali Abrar and Ryan Trinkle, with Ryan Trinkle also serving as a board member of the Canton Foundation. The platform plans to operate on the Canton Network; OKXICE is a joint venture between OKX and ICE Markets, planning to operate on OKX's Ethereum Layer 2 network X Layer; Kephas Corp. is the U.S. subsidiary of Perpetuals.com, led by founder @PGruhnPDC, who previously served as the head of FTX Europe. This platform plans to operate on the public, permissionless Layer 2 network Kronos X Public, which adopts a licensed trading pool.The SEC stated that being listed does not mean that the relevant companies have met the conditions for the innovation exemption.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: BIG vs PARIVISION (BO3) - 1win Private Club Playoffs", the sub-market "Map Handicap: PRV (-1.5) vs BIG (+1.5)" saw the winning probability of the "PARIVISION" option fluctuate dramatically, rising from 55.5% an hour ago to the current 89.5% (a fluctuation of 34%). Please note the impact of related breaking news.

According to CoinDesk, Bybit CEO Ben Zhou stated that Bybit plans to collaborate with local established companies when entering the U.S. market to challenge platforms like Robinhood in market coverage. Zhou mentioned that seeking partners is a standard practice for Bybit when entering new regions, and the U.S. market may consider collaborating with companies like Interactive Brokers (IB).He said, "At this stage, it is best to partner with those who wish to enter the crypto space and already have a customer base in the U.S., such as IB or similar companies that have not yet ventured into crypto but have a quality U.S. customer base."Bybit is the second-largest cryptocurrency exchange in the world by trading volume, with over 80 million registered users in more than 180 countries and regions. The exchange is continuously acquiring licenses globally to offer a range of new regulated products. In Europe, Bybit plans to launch a "super app" covering derivatives and tokenized stocks as early as the first quarter of next year. Through partnerships, Bybit can avoid the cumbersome process of applying for money transfer licenses state by state like Coinbase, which can take two to three years.Zhou suggested waiting for the Clarity Act to pass or for a clearer understanding of new laws, at which point the SEC may provide unified regulation, allowing a single license to cover federal levels. He also pointed out that the U.S. market is highly competitive and becoming saturated, with Coinbase's position solidifying and Robinhood's importance rising. In contrast, the UK remains a less concentrated and underdeveloped market, but the entry costs are high, comparable to the EU's MiCA license.Zhou revealed that earlier this year, he was invited to meet with the UK's Financial Conduct Authority (FCA) and relevant institutions in the House of Lords. Bybit is looking for an office location in London but has not yet determined a specific site.

The lending protocol Lido Lend proposed by contributors will launch a withdrawal mechanism called Fallback Exits. When the market lacks sufficient liquidity of loan assets, lenders can utilize the collateral of borrowers to supplement withdrawal requests, and the corresponding debt of the relevant borrowers will be reduced. The protocol was launched on October 7 as a modified fork of Morpho Blue, built around isolated markets.According to the proposal, the collateral of borrowers will be passively utilized in order of the highest position risk, meaning positions closest to the liquidation loan-to-value ratio (LLTV) will be prioritized, while borrowers with very healthy positions are less likely to be affected. Taking the ETH/wstETH market as an example, lenders provide ETH, and borrowers stake wstETH to borrow ETH; if exiting through collateral, lenders will first be exposed to the staked tokens before receiving ETH. The proposal does not specify the qualification thresholds for healthy loans or the path for lenders to obtain ETH.Contributor Izzy stated in a post on October 16 that technical specifications and market parameters will be announced in the next two weeks, and the governance process and public audit must be completed before the mainnet launch. Details such as settlement valuation, debt offset formulas, fees, and limits have yet to be determined.

According to The Block, Standard Chartered has signed a final agreement to acquire 100% of the equity of the cryptocurrency custody institution Zodia Custody, with the transaction pending regulatory approval.Under the arrangement, Zodia Custody's custody business will be integrated into Standard Chartered, while its software business will be transferred to an independent company supported by Standard Chartered's venture capital division, SC Ventures.