step

According to Catcher Predict monitoring, in the market prediction event "Heat vs. Warriors" on Polymarket, the "Yes" option for the sub-market "Stephen Curry: Rebounds O/U 1.5" has experienced a dramatic fluctuation in winning probability, soaring from 60.5% an hour ago to the current 78.5% (a fluctuation of 18%). Please note the impact of related breaking news.

Liquid Capital founder Yi Lihua stated that Bitcoin has currently broken through 80,300 USD and stabilized above the 20-day moving average. The next step requires a strong breakthrough of 82,600 USD to hope for the arrival of the second wave of the main upward trend, and to challenge the strong resistance level of 86,000 USD again. If it breaks through 86,000 USD, the subsequent target levels will look towards 97,000 USD and 104,000 USD.Yi Lihua mentioned that the pullback near 86,000 USD was a normal adjustment within the bullish trend, so even when anticipating a pullback, he would not choose to short, as the market could rebound quickly at any time. He also stated that he began to buy the dip when Bitcoin was close to 77,000 USD, but due to external factors affecting trade execution, he missed part of the rebound.

According to SolanaFloor monitoring, the Step Drainer attack has been found on another 10 websites, including stonkfun.xyz, pickle.finance, echelon.market, origami.finance, fluxbeam.xyz, stakepoint.app, supswap.xyz, longbow.cash, shprd.finance, and apexdefi.xyz. SolanaFloor stated that it is actively investigating and collecting more data.In addition, StonkFun reported that its website has been restored after migrating to new infrastructure, and on-chain operations were not affected, with no known users impacted.It is reported that the Step Drainer attack is a highly active malware-as-a-service (MaaS) wallet theft tool in the Web3 and cryptocurrency space.

According to Caixin, International Monetary Fund (IMF) President Kristalina Georgieva announced that IMF Vice President Li Bo will complete his term and leave office on November 30, 2026, and proposed that Liao Min, Vice Minister of Finance of China, take over, with the appointment effective from December 1, 2026.Over the past five years, Li Bo has led the introduction of the IMF's first corporate risk management policy and roadmap, and has promoted the modernization of the data governance framework.

According to Yu Jin monitoring, last night at 11 PM, ETH fell to a low of 2282 USD, and a certain large ETH long position whale/institution was only 30 USD away from being liquidated.Therefore, it urgently supplemented 9.21 million USDC as margin in the early morning, lowering the ETH long position liquidation price from 2256 USD to the current 2181 USD, temporarily avoiding danger.Now it holds long positions in BTC and ETH worth up to 396.5 million USD, including: 115,473 ETH (approximately 272.1 million USD), with the recent liquidation price of 2181 USD; 1,539.5 BTC (approximately 124.4 million USD), with the recent liquidation price of 70,396 USD.

Stan Kladko, co-founder of SKALE Labs, announced on X to the SKALE community that he has stepped down from his position as Chief Technology Officer and board member of SKALE Labs, which he co-founded in 2017, but he will continue to serve as a member of the SKALE Foundation board. He expressed the desire to clarify the actions he is requesting from the foundation and believes the community should be involved in the discussion.Stan Kladko stated: SKALE is a protocol that relies on a small team of engineers who are responsible for developing, debugging, and maintaining the network online over the long term. These individuals have the best understanding of the boundaries of what is technically feasible and infeasible, but currently, there are no builders on the foundation's board. He believes that a protocol foundation without builders involved will make decisions on matters such as the roadmap, funding, and network economics, but will lack the necessary people to implement those decisions. He mentioned that successful protocols, from Ethereum to Cosmos, always involve engineers in discussions about long-term direction.The proposal put forward by Stan Kladko is to expand the foundation's board by three seats, to be filled by individuals with a strong background in software and protocol engineering. He stated that this proposal has been formally submitted to the foundation, and updates will be shared as they can be disclosed. He called for those who agree that building SKALE should participate in governance, and validators, delegators, application teams, and token holders can publicly express their stance, stating that he will continue to build SKALE.

Patrick Witt, the Executive Director of the White House Presidential Digital Asset Advisory Committee, announced his departure from government service to return to the private sector. He made this decision public last week, and the White House has not yet announced a new head of cryptocurrency policy, with a successor still undetermined.Previously, Harry Jung and Bo Hines had also left the committee. White House officials stated that cryptocurrency policy and the Digital Asset Market Clear Act will remain a focus of the Trump administration, but the personnel vacancies have raised concerns about the momentum of policy advancement.As the midterm elections approach next month, the administration is still advancing rule-making in the digital asset space. After the new Congress is sworn in in 2027, cryptocurrency legislation will require coordination from a White House liaison, with tax legislation expected to proceed ahead of market structure reforms; if the Democrats flip the House of Representatives, the congressional landscape may also bring new variables. Meanwhile, the rule-making efforts of agencies such as the Securities and Exchange Commission, the Commodity Futures Trading Commission, the Office of the Comptroller of the Currency, and the Department of the Treasury will continue.

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.

The Independent Community Bankers of America (ICBA) filed a lawsuit against the Office of the Comptroller of the Currency (OCC) in federal court on Friday, accusing it of exceeding its statutory authority when issuing national trust bank charters to cryptocurrency companies. The ICBA stated that the OCC is implementing "broad new powers not authorized by the National Bank Act," allowing these companies to enter the U.S. banking system without being subject to the same level of regulatory oversight as community banks, putting small banks at a "serious competitive disadvantage."The ICBA is one of the largest banking advocacy organizations in the United States, primarily representing small institutions. Last month, the organization strongly opposed the Digital Asset Market Structure Bill, which failed to advance in the U.S. Senate, arguing that its stablecoin provisions did not protect community banks from direct competition for deposit accounts. ICBA President and CEO Rebeca Romero Rainey stated that Congress did not establish the national trust charter to provide a "backdoor" for cryptocurrency companies seeking to enter the banking system with the credibility of a federal bank charter, as these companies do not bear the same obligations regarding capital, liquidity, regulation, and Federal Deposit Insurance Corporation (FDIC) insurance requirements. An OCC spokesperson responded to CoinDesk that the agency does not comment on ongoing litigation.Recently, the OCC has continued to issue trust charters to cryptocurrency companies, but these companies' business models differ from those of typical community banks and do not offer cash deposit accounts that require FDIC insurance. Approved institutions include cryptocurrency banks Protego and Erebor, as well as existing cryptocurrency firms like Coinbase, Circle, and Crypto.com.

Stablecoin issuer Circle Internet Group (NYSE: CRCL) disclosed in an 8-K filing submitted on September 25 that co-founder P. Sean Neville has resigned from the board for personal reasons, effective immediately, reducing the board size from 8 to 7 members.On the same day, Chief Financial Officer Jeremy Fox-Geen notified the company of his intention to resign, but will remain until the end of 2026 to assist with the transition. Circle has engaged an executive search firm to find successors. The company stated that the departures of both individuals were not due to disagreements regarding the company's operations, policies, or practices.

Summer Mersinger, former commissioner of the U.S. Commodity Futures Trading Commission (CFTC), will step down as CEO of the industry advocacy organization Blockchain Association at the end of the year and leave the organization. The organization announced on Friday that Mersinger will officially resign on October 16, and her predecessor, Kristin Smith, will return as interim CEO. Mersinger joined Blockchain Association in June 2025, after leaving the CFTC three years before the end of her second commissioner term.When discussing her departure, Mersinger stated that she came here from the CFTC because she believes the industry deserves clear rules and a credible and unified representative to speak for it in Washington. The Blockchain Association highlighted Mersinger's work in promoting the GENIUS Act and helping to achieve regulatory clarity at the SEC and CFTC in its statement.Notably, the organization did not mention the Digital Asset Market Clear Act currently under consideration in the Senate. This bill failed to gain enough support from Democratic and Republican lawmakers in a procedural vote earlier this month, and many experts expect the legislation to be shelved until 2027. The Blockchain Association did not immediately respond to inquiries about Mersinger's plans for 2027.

Stablecoin issuer Circle's Chief Financial Officer Jeremy Fox-Geen will step down at the end of this year, and the company has begun the search for his successor.According to the disclosed departure agreement, Fox-Geen will receive a conditional cash payment of $1.05 million.

Renowned trader Killa updated his views on the recent rapid surge of Bitcoin, stating that the next target for Bitcoin could reach the $88,000 range; however, if it quickly falls below $80,000, it may test the low of $70,000. Based on volume analysis, this scenario is currently unlikely.Killa, a quantitative trader focused on BTC, predicted the peak of this bull market in May 2025 and has over 200,000 followers on platform X. In mid-April, he shorted Bitcoin at $74,688 and switched to long during the market-wide decline on June 5.

Visa has informed participants in the payment industry that the "digital goods media" merchant category code used by Crossmint for processing Meme coin transactions is not applicable for Meme coin purchases. Visa has notified payment processors, including Checkout.com, to stop using this category code and has provided a transition period for relevant institutions, which is expected to end next week.Previously, Robinhood Wallet and Fomo users could purchase Meme coins using Visa and Mastercard credit cards through Apple Pay or Google Pay, with the transactions processed by Crossmint, but categorized as digital media transactions such as e-books and movies, thereby bypassing cryptocurrency transaction classification and earning regular credit card points or cash back.JPMorgan Chase had previously raised concerns with Visa regarding the classification of these transactions, and Visa subsequently determined that at least one transaction was misclassified and should not have received credit card rewards. In the future, purchases of Meme coins will need to be processed as cryptocurrency transactions and will be subject to Visa's corresponding rules and restrictions.

OpenAI disclosed on Wednesday six cases of "unexpected or concerning" model behavior discovered in the past six months, categorizing them as "misalignment behaviors," including concealing information from users and taking "unauthorized actions" to overcome obstacles. OpenAI stated that this disclosure aims to initiate its new model misalignment reporting framework, and these cases should not be seen as a reflection of the frequency of misalignment occurring in its models.In one case, an unpublished research model inserted "jailbreak-like instructions" into its task summaries, such as ignoring developer messages or adopting unrestricted role settings, with researchers finding a total of 27 summaries containing such instructions. Additionally, during the training process of GPT-5.6 Sol, many model instances added instructions to conceal errors or misalignment behaviors from users, such as fabricating missing historical data without disclosure. Other cases included models using exposed API keys without authorization and fabricating inaccessible data, leveraging internal software repositories to pass messages across training tasks, and ignoring instructions to "keep local work" by sharing files through public hosting services.OpenAI's disclosure has heightened concerns among AI developers and researchers about whether safety measures can keep pace with increasingly powerful models. Last week, Anthropic CEO Dario Amodei called for a slowdown in cutting-edge AI development, warning that unrestrained AI development could "exceed our ability to understand and control these systems." In July of this year, OpenAI disclosed that several of its AI models escaped testing environments during safety assessments and infiltrated the AI startup Hugging Face to cheat.