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South Korean JB Financial Group announced that it has invested in the artificial intelligence company Upstage through its subsidiaries Jeonbuk Bank, Gwangju Bank, and JB Woori Capital. The three institutions collectively invested 40 billion Korean won (approximately 30 million USD) in its C-2 round of financing, acquiring about 2% equity.Previously, Upstage co-founder and CTO Hwalsuk Lee revealed that the company is considering various capital market options, including an IPO, and is also contemplating initiating a Pre-IPO round of financing.

The Liquid Network officially announced the progress of the phased recovery, stating that the network recovery work has entered the final stage, focusing on strengthening security mechanisms, conducting independent audits, and gradually restoring the redeeming function of pegged assets.In terms of functional recovery, the network will first gradually open semi-automated BTC and LBTC exchange services, coordinating with participating exchange service providers to implement this service, which itself does not impose transaction volume limits at the protocol layer.In the next phase, the Liquid Network will restore the 1:1 Bitcoin reserve support for the network, and then gradually reopen the Federation redeeming function to authorized PAK key holders, but the full restoration of related functions still depends on the completion of remaining security checks and operational requirements.

Cryptocurrency market analyst Darkfost expressed the view that the Bitcoin market is currently in a stage of insufficient investor confidence, with both buyers and sellers hesitant. The current profit supply ratio has fallen from a previous brief breakthrough of 60% to 53.8%, approaching the breakeven line of 50%. This indicator excludes Bitcoin held for more than 10 years to better reflect the current state of the circulating market.It is not uncommon for this situation to occur at the end of a bear market. After the market experiences a phase of sell-off and capitulation, and the profit supply ratio falls below 40%, it usually takes some time to regain the 50% level. The restoration of investor confidence and the formation of new demand require time, and the market still needs to wait for investor behavior to gradually stabilize, driving continuous improvement in profit status.

According to FNNews, South Korea's JB Financial Group announced that it is investing in the artificial intelligence company Upstage through its subsidiaries Jeonbuk Bank, Gwangju Bank, and JB Woori Capital. The three institutions collectively invested 40 billion Korean won (approximately 30 million USD) in its C-2 round of financing, acquiring about 2% equity.Previously, Upstage co-founder and CTO Hwalsuk Lee revealed that the company is considering various capital market options, including an IPO, and is also contemplating launching a Pre-IPO round of financing.

According to Bloomberg, Morgan Stanley strategist Michael Wilson stated that as the three-month stock market correction enters its final stage, investors should be prepared to buy on dips.Historically, in similar situations, high-quality stocks typically outperform by 7.5% in the following year.

Glassnode released data on platform X stating that during yesterday's BTC decline, there was once again a situation of seller capitulation. Each wave of loss selling coincided with local bottoms: early August, mid-August, and mid-September.Since the peak in September, profit-taking has slowed down. If this pattern holds, the sell-off just above $80,000 yesterday would mark the bottom.

According to Xinhua News Agency, General Secretary of the Communist Party of China and President Xi Jinping emphasized during his inspection in Ulanqab, Inner Mongolia on the 16th that it is necessary to coordinate high-quality development and high-level protection, and to unswervingly follow the path of ecological priority and green development. Xi Jinping learned about the "East Data West Calculation" hub node and the green computing power industry in the Chahar High-tech Zone, and required that completed projects operate efficiently and subsequent construction be completed on schedule.He stated that the computing power network is one of the "six networks" planned and constructed by the country, and the computing power industry is in a stage of accelerated development, emphasizing the importance of "computing power and electricity coordination" and "computing power and water coordination." Xi Jinping also inspected the Huangqi Sea Nature Reserve and required the comprehensive implementation of the Wetland Protection Law.

According to a recent report by AlphaWire, Edwin Cheung, Executive Director of Gate, stated in an interview during TOKEN2049 Singapore that the payment business will become an important growth direction for Gate, serving individuals and corporate users with daily fund transfer needs.On October 7, Gate officially launched Gate Money, allowing users to open a global electronic bank account in their own name through the Gate App, and as services gradually open, it will accept payments in over 60 local currencies, connecting digital assets with everyday financial scenarios. Edwin Cheung pointed out that stablecoins can reduce the number of intermediary banks in cross-border transfers and enhance the transparency of fund flows. In the future, it will coexist long-term with traditional bank transfers, instant payments, and QR code payments, and will play a greater role in cross-currency payments as services develop in Europe, Asia, and the Middle East. Gate Money integrates functions of fiat currency, digital assets, stocks, ETFs, and gold, providing integrated financial services.Regarding institutional business and security, he mentioned that institutional investors remain highly concerned about liquidity and counterparty risk. Gate offers an OES over-the-counter settlement solution, allowing institutional clients' assets to be retained in third-party custodians while still utilizing Gate's liquidity and trading services, and enhancing transparency with reserve proof. He emphasized that user trust is crucial, and Gate's compliance qualifications, risk control system, and cooperation with various market regulatory agencies are key to the sustainable development of the business.

Early-stage venture capital firm Pear VC co-founder Pejman Nozad announced the fifth fund, Pear Fund V, with Mar on October 14, 2026, with a scale of $333 million, bringing Pear's managed assets to over $1.1 billion. Arash Afrakhteh, Ajay Kamat, and Shravan Reddy were appointed as general partners at the same time. The two discussed founding a venture capital firm about 13 years ago at Coupa Café in Palo Alto, believing in meeting founders before they are recognized as exceptional by the outside world.Pear has supported DoorDash, Gusto, Guardant Health, Vanta, and Listen Labs, seeing thousands of opportunities each year through pre-seed and seed-stage businesses, and has built PearX, university programs, hackathons, a founder community, two studios, an engineering team, and a founder services team. Arash Afrakhteh joined in 2020, investing in enterprise and B2B, covering artificial intelligence, machine learning, cloud, and data infrastructure, and co-founded Cariden Technologies, which was acquired by Cisco in 2012.Ajay Kamat joined in 2015, investing in consumer, fintech, and healthcare, and co-founded Wedding Party, serving as CEO. The company was supported by Pear and later acquired by Instacart.

According to Bloomberg, Michael Saylor, the founder of Strategy, stated in an interview that the cryptocurrency market crash of the past year has ended, and the market is entering a bull market, with Bitcoin expected to break $100,000 again. He pointed out that Bitcoin previously bottomed out just below $60,000 and is currently moving towards above $80,000, expecting an annual growth rate of 20% to 30% for Bitcoin in the coming years.Saylor also mentioned that Strategy may continue to increase its Bitcoin holdings and issue credit products during the bull market. Additionally, it has been reported that MSCI is considering adjusting index rules and may remove Strategy from its global equity benchmark index, with a decision expected to be announced on Friday. Saylor expressed disappointment regarding this, believing that the stance shows bias against digital assets, and hopes MSCI will reconsider.

Papertrade's official response to the allegations of price manipulation and the existence of obvious loopholes in the protocol states: It has never been possible for small orders to have the same priority as large orders. If this were done, the front end would suffer from congestion due to junk trading, and the consequences would be much worse than the existing queuing mechanism.Under these constraints, we have designed the fair launch to be as inclusive as possible.Last night, the attempts to manipulate BTC/ETH on Hyperliquid BBO were not due to flaws in the mechanism that took six months to design. These situations had already been considered; it was only because the position limits were set very loosely in the early stages to cope with congestion that such occurrences were possible. If position limits were set during peak demand for launching, it would only exacerbate the slow experience, and the queuing mechanism itself, due to the uncertainty of opening/closing confirmation times, naturally provides protection against manipulation.As congestion eases, we have begun to tighten position limits on-chain and at the relay level. In such a system, manipulation attacks are always possible— the key is whether the attempt is economically viable. The official goal is to set parameters to a point where it is almost never profitable; even if successful, the tail risk is extremely high, and the expected value is negative.

Arthur Hayes stated that at the beginning of each super bull market, the market must overcome numerous concerns. In 2017, it was the block size debate; in 2020, it was the pandemic; in 2023, it was the FTX collapse and central bank interest rate hikes; in 2026, it will be the panic caused by AI encryption technology (FUD).The wave of money printing will eventually come, and asset prices will soar.

According to Catcher Predict monitoring, in the market prediction event on Polymarket "LoL: Natus Vincere vs JD Gaming - Demacia Cup Global Invitation Group Stage", the "Yes" option win rate for the sub-market "Any Player Pentakill" has experienced a sharp fluctuation, dropping from 50% an hour ago to the current 20% (a fluctuation of 30%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the predicted market Polymarket for the event "Counter-Strike: Spirit vs M80 - ESL Professional League Group Stage," the "Spirit" option in the sub-market "Map 1 Winner" has experienced significant fluctuations in win rate, soaring from 77.5% an hour ago to the current 96% (a fluctuation of 18.5%). Please note the impact of related breaking news.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Counter-Strike: PARIVISION vs Natus Vincere - ESL Professional League Group Stage," the "PARIVISION" option in the sub-market "Map 2 Winner" has experienced significant fluctuations in win rate, soaring from 31.5% an hour ago to the current 55.5% (a fluctuation of 24%). Please note the impact of related breaking news.

According to monitoring by Catcher Predict, the predicted market on Polymarket for the event "Counter-Strike: FURIA vs 9z - ESL Professional League Group Stage" shows that the "FURIA" option in the sub-market "Map 1 Winner" has experienced significant fluctuations in its winning probability, soaring from 63.5% an hour ago to the current 87.5% (a fluctuation of 24%). Please note the impact of related breaking news.

According to Catcher Predict monitoring on-chain data, significant capital movements are predicted in the Polymarket market. A large whale invested $109,486.7 in a single bet on the "CS: Team Falcons vs. Natus Vincere - ESL Professional League Group Stage" event, targeting the "Match Winner." Based on the current transaction price, the latest corresponding win rate for this bet is 42%.