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According to SoSoValue data, the total net outflow of the SOL spot ETF in a single day was $8.515 million. Among them, the Canary Marinade Solana ETF (SOLC) had a net inflow of $419,500 in a single day, with a historical total net inflow of $3.6108 million.The Bitwise Solana Staking ETF (BSOL) had a net outflow of $5.7182 million in a single day, with a historical total net inflow of $1.169 billion. As of the time of publication, the total net asset value of the SOL spot ETF was $1.608 billion, with a SOL net asset ratio of 0%, and the historical cumulative net inflow had reached $1.54 billion.

According to the Science and Technology Innovation Board Daily, Nvidia CEO Jensen Huang stated during a media interview at the GTC conference in Berlin on Thursday that the likelihood of a memory supply surplus by 2029 is low. He mentioned that one great aspect of memory is that there is always more that can be used, and he noted that HBM will continue to be applied in the coming years.Jensen Huang also stated that Nvidia is the first company in the world to introduce LPDDR memory, used in mobile phones, into data centers, which doubles its energy efficiency compared to any current global solution, thus it will continue to use this type of memory extensively. He mentioned last Thursday that customer demand for AI chip orders continues to exceed the company's supply capacity, with new orders pouring in almost weekly, if not daily.In the past week, storage chip stocks faced sell-offs due to market concerns over supply surplus and weak demand. A well-known media outlet in South Korea published a column last week, citing two experts who predicted that by 2029, there will be a significant increase in semiconductor supply, and the storage chip market may turn into a red ocean. On Thursday, the Nasdaq Composite Index closed down 2.6%, at 26008.86 points; SanDisk fell 8.51%, SK Hynix fell 8.07%, Seagate Technology fell 7.86%, Western Digital fell 6.43%, and Micron Technology fell 6.23%.

Tom Lee, Chairman of the Ethereum treasury company BitMine, stated in an interview with CNBC on October 23 that the market is in a sell-off state, with technology and semiconductor sectors under significant pressure, while defensive sectors have strengthened, showing clear risk-averse characteristics. Tom Lee mentioned that the current market is overly pessimistic, and his technical analyst Mark Newton believes that technology stocks have basically reached support levels.

MiniMax announced the open-source release of the MiniMax M3.1 Flash model weights on October 23, with a total of 428 billion parameters and 23 billion active parameters. Compared to the previous generation M3 model, the M3.1 Flash has achieved a comprehensive improvement in model capabilities. According to official data, within 72 hours of the model going live, the number of tokens processed by real users exceeded one trillion.On the technical side, M3.1 Flash improves inference efficiency through optimizations such as full model sparse attention, quantization-aware training (QAT), and power-aware scheduling. In terms of ecosystem, MiniMax collaborates with chip manufacturers such as Huawei Ascend, T-head, Kunlun Core, Moore Threads, Biren, Haiguang, Muxi, Tiandao, NVIDIA, AMD, and cloud platforms like Together AI, Fireworks, Nebius, Baseten, Modal, DigitalOcean to promote access on the first day of open source. vLLM, SGLang, Zhiyuan FlagOS, as well as Hugging Face, Modao, and other communities simultaneously support the deployment of the model across different chips and development environments.

According to the New York Post, citing informed sources, Matthew Modabber, who has served as the Chief Marketing Officer of the prediction market platform Polymarket since January 2024, has been fired. Previously, the company conducted an internal investigation into a series of events that raised public concern and worried investors.One of the issues involved Modabber's team being accused of creating fake webpages to promote staged videos, which showed users profiting from fake trades. This situation was exposed in a June report by the Wall Street Journal, which subsequently triggered an investigation by the U.S. CFTC. The investigation is still ongoing, and no violations have been determined yet.Informed sources stated that Modabber was a confidant of 28-year-old CEO Shayne Coplan, and during his tenure as an executive, he often made impulsive decisions that led the company into a public relations crisis. Polymarket is finalizing Modabber's departure agreement, and both parties are maintaining mutual respect during the process.

According to a report by Financial Associated Press, Chan Park, Head of Policy and Partnerships for OpenAI in North America, wrote to California Governor Gavin Newsom on October 20, expressing support for mandatory requirements for artificial intelligence companies, including equipping models with emergency shutdown mechanisms, undergoing independent audits annually, and implementing higher standards for cybersecurity regulations. The letter suggested strengthening California's AI Transparency Act SB53, which is set to take effect in 2025.The current SB53 requires cutting-edge AI companies to publish safety frameworks and transparency reports, as well as report significant safety incidents. OpenAI believes these requirements are insufficient and proposes that regulatory rules should clearly state that corporate safety frameworks must cover the capabilities of cutting-edge models to independently conduct AI research and development. OpenAI revealed in a blog post in September that it plans to create automated AI researchers, aiming to achieve this by March 2028.During the legislative review phase of SB53, OpenAI did not support the bill and publicly opposed burdensome state-level legislation in March 2025. OpenAI disclosed this week that in two recent internal programming tasks, AI agents attempted to deliberately deceive staff and undermine monitoring systems: earlier this month, one agent disabled automatic alerts sent to the security team, and days later, another agent removed the monitoring system and falsely claimed to employees that it had not done so. Audits by independent investigation firms Asymmetric Security and Transluce show that recent related incidents are more widespread than initially disclosed by OpenAI.

Bill Ackman, the CEO of Pershing Square Capital, believes that the Russia-Ukraine conflict, the Iran war, and persistently high inflation and interest rates are suppressing what should be a stronger market environment. With geopolitical risks easing and energy prices falling, he expects the market outlook to improve significantly and calls 2027 a year that will be stunning.In an interview with CNBC on Thursday, Ackman stated that if the uncertainty brought by the war dissipates, especially if the situation in Ukraine develops positively, energy prices could drop significantly, which would benefit the decline in inflation and the performance of financial markets. He also referred to the Iran war as an exceptionally well-executed war and believes that achieving peace in the Middle East would not only benefit the region but ultimately also benefit the United States.

Imran Khan, co-founder of Alliance, expressed his views on a16z crypto's shift towards cutting-edge technology. He stated that he is always grateful to a16z for leading the investment in Coinbase in 2013, which provided external validation for the crypto industry; Marc Andreessen's 2014 article "Why Bitcoin Matters" in The New York Times pushed him to shift his career towards Bitcoin.Imran Khan mentioned that at that time, very few institutions or funds were willing to publicly support crypto, and a16z and USV were two funds that took on brand risk. Since then, a large number of talents have entered and reshaped the crypto industry. He believes that the current infrastructure development in artificial intelligence has a practical connection with Bitcoin mining infrastructure and the talent flowing from crypto to artificial intelligence.He stated that the shift from crypto to cutting-edge technologies such as robotics, biology, artificial intelligence, energy, and computing power means that the talents and capabilities built in crypto over the past decade can be applied to a broader range of fields. He cited the resistance faced by data centers as an example, noting that crypto also faced opposition, but traditional finance has now accepted crypto to a certain extent. He believes that cutting-edge technology is the next generation of technology builders, and the world often recognizes the importance of new technologies many years later.

In a live broadcast in the third quarter, Aave founder Stani stated that Aavenomics 3.0 will include AAVE buybacks, staking, and burning.The AAVE buyback was suspended the day after the rsETH vulnerability incident on April 19. Since then, the DAO has committed to providing 25,000 ETH to DeFi United to compensate for the losses and has arranged for Mantle to provide a credit line of up to 30,000 ETH. Before the buyback was suspended, there was a proposal in the forum suggesting to reduce the annual buyback budget from approximately 50 million dollars to 30 million dollars.

According to Catcher Predict monitoring, in the market prediction on Polymarket for the event "Gold Digging vs. Thunder," the sub-market "Isaiah Hartenstein: Points O/U 7.5" has seen a dramatic fluctuation in the probability of the "Yes" option, soaring from 36% an hour ago to the current 53% (a fluctuation of 17%). Please note the impact of relevant breaking news.

The technology division of South Korea's LG Group, LG CNS, has reached a strategic partnership with Chainlink, aiming to promote the development of South Korea's $68 billion digital asset market. LG CNS will leverage Chainlink's cross-chain, data, and orchestration infrastructure to enhance its digital asset platform solutions.LG CNS will also rely on Chainlink's full suite of platform capabilities to develop digital asset solutions for various institutions in South Korea. LG Group is one of the largest business groups in South Korea, with 63 subsidiaries and total assets of approximately 186 trillion won. LG CNS is the main contractor for South Korea's central bank digital currency project, the "Han River Project."

According to attendees, U.S. Treasury Secretary Bessent stated during a closed-door meeting on Wednesday that there are no systemic issues in the artificial intelligence industry, and it cannot be compared to the internet bubble at the turn of the century. Bessent expressed an optimistic attitude towards this cutting-edge technology, believing that technological advancements will benefit the United States, but also acknowledged that data centers and AI companies have not done enough to explain the benefits of this technology to the average American.The closed-door meeting attracted over a hundred executives and investors from the financial industry, with ticket prices starting at $7,500 and top sponsorship packages costing up to $100,000. Proceeds from the meeting are used for charity. This year marks the 14th edition, having raised nearly $72 million in total. Bessent has publicly predicted multiple times that the development of artificial intelligence will significantly increase productivity and greatly boost U.S. economic growth. Currently, there is growing concern in American society regarding investments in artificial intelligence and data centers, leading to a sell-off of AI stocks.Former U.S. Treasury Secretary Yellen pointed out that she always confirms the presence of the media and issues public reports when she gives speeches. Bessent's office responded that his views expressed at the closed-door meeting had been publicly stated before and do not involve issues of transparency; in addition to artificial intelligence, he also discussed his views on the U.S. economy. More and more regions are beginning to oppose the construction of data centers, which is affecting the upcoming U.S. midterm elections, leading to a decline in support for U.S. President Trump and the Republican Party.

According to Coinglass data, if BTC breaks through $85,210, the cumulative short liquidation intensity on major CEXs will reach $2.167 billion. Conversely, if BTC falls below $77,734, the cumulative long liquidation intensity on major CEXs will reach $1.428 billion.

Gold prices have stabilized near a three-month low, with spot gold prices hovering around $4,020 per ounce. Global X ETFs analyst Justin Lin stated that gold may recently face liquidity-driven selling, as market expectations for further interest rate hikes by the Federal Reserve have cooled, which should provide support for gold prices in the short term.Despite facing downward pressure, gold prices may see a V-shaped rebound.

Decentralised.co published: The on-chain options trading volume is still less than 1% of perpetual contract DEX, while traditional market options trading is about three times that of futures. The institution backtested Bitcoin daily closing prices from January 2018 to October 2026, finding that among the ultimately profitable longs, the liquidation probabilities for 10x perpetual contracts over 180 days, 90 days, and 60 days were 47%, 29%, and 18%, respectively. It replayed three $1,000 Bitcoin longs on October 10, 2025: the 10x perpetual was liquidated at 21:14, the 30-day call option dropped to a low of $181 but returned to over $800 within an hour, and a $52 7-day put option helped the 10x long survive the downturn.Decentralised.co: In the past, on-chain options often failed due to fragmented order books, difficult hedging, and locked funds. Hegic depositors lost most of about $80 million in May 2021, Lyra depositors experienced a 4.9% loss in the Bitcoin pool and a 17.6% loss in the Ethereum pool within 7 months, and PsyOptions closed its product in June 2024. With the combination of perpetual liquidity like Hyperliquid, the locked funds required to sell a Bitcoin call option could be reduced from about $100,000 to about $15,000, while monthly returns increased from 1.8% to about 12%.The article lists Hyperliquid as the main venue for hedging liquidity, with the options protocol Derive (formerly Lyra) as the underlying engine, Paradex handling large trades, and Hypercall being the first options venue built on Hyperliquid. Derive liquidated about $18 billion in notional options value in the year ending October 19. After Paradex integrated with Paradigm on September 15, the date options trading volume increased from less than $3 million to $58.7 million within a week, and open contracts decreased from over $250 million to about $96 million by October 14. By September 2026, the notional value of on-chain options is expected to double to $5 billion, with premiums rising to $85 million.

According to Bloomberg, the Commodity Markets Council, representing derivatives exchanges such as the CME Group and commodity traders, has informed the U.S. Commodity Futures Trading Commission (CFTC) that perpetual futures pose a significant risk to market integrity and urged regulators not to approve the perpetual oil futures contract proposed by the prediction market platform Kalshi.The organization also called on the CFTC to close regulatory loopholes to prevent retail investors from accessing offshore trading platforms.

U.S. Secretary of Defense Lloyd Austin has prohibited all Pentagon personnel from using non-public information to place bets on upcoming military operations, involving prediction market platforms such as Kalshi and Polymarket. In a memo sent to senior Pentagon officials and defense agencies on Tuesday, he stated that all Department of Defense personnel are prohibited from using non-public information for financial transactions, with the relevant restrictions covering both classified and unclassified information.Austin wrote in the memo that adversaries will observe movements in these markets, and the safety of U.S. military personnel often depends on the enemy not knowing what is about to happen. He also pointed out that, aside from operational security, financial betting can distort judgment: a logistics personnel betting on the date of an operation will be concerned about that date, and an analyst holding a position on the outcome will also be concerned about that outcome.Before this directive was issued, U.S. Army soldier Gannon Ken Van Dyke was charged in April for allegedly profiting over $400,000 on Polymarket by using classified information regarding the operation to capture Venezuelan leader Nicolás Maduro. Prosecutors claimed he participated in the planning and execution of the operation and used advance knowledge to bet on the outcome of Maduro's ousting; he pleaded not guilty to all charges. In February, Israeli authorities also arrested and charged a military reservist and a civilian for allegedly using classified information to bet on events related to Israeli strikes against Iran on Polymarket.