BlockBeats news, on October 18, last week US tech stocks sharply corrected, with the Nasdaq down over 4% for the week. The market is digesting stronger inflation data while re-examining the narrative that the economy is "unbreakable." The Federal Reserve has entered a quiet period before the October 28 FOMC meeting, with officials absent from public statements. This week, pricing will rely more on tech giants' earnings reports and economic data: Meta and Tesla will concentrate their earnings rel

Breaking AI News from Dongcha: Anthropic reveals that about 90% of the code in Claude Code has been written by Claude. From June to September this year, the number of code change requests (PRs) merged by the Claude Code team more than doubled, while the proportion of rollbacks decreased by over 40%. To keep up with the speed of AI coding, Anthropic restructured the code review process. Before each submission, Claude runs tests and has independent sub-agents check the modifications. After submis

BlockBeats news, on October 18, the Cysic Foundation announced that on October 17, its cross-chain bridge experienced a security incident where an attacker unauthorizedly minted 10 million CYS on the BNB Smart Chain. After detecting the anomaly, the project team suspended the cross-chain bridge, implemented on-chain blacklist restrictions on the related addresses, and hired a professional security company to investigate the attack path and fund flow. Preliminary investigations show that the atta

BlockBeats news, on October 18, crypto analyst Darkfost posted that since the end of August, the market capitalization growth of small and mid-cap tokens has been the strongest. Data shows that the gap between the annual average and monthly average market capitalization of these assets continues to widen, with the current ratio reaching 41%. In contrast, Bitcoin's growth trend is positive but limited, with a ratio of only 7%, while large-cap assets are even lower at 3.5%. The analyst pointed ou

BlockBeats news, on October 18, Microsoft canceled its cooperation agreement with the UK data center company Nscale at the Loughton data center in Essex County. Nscale was originally scheduled to be the anchor tenant of the facility, planning to lease about 23,000 Nvidia AI chips. This project was part of Microsoft's plan last year to invest £22 billion in the UK. Nscale is advancing a US stock listing plan with a valuation of up to about $35 billion, and Microsoft's withdrawal is seen as a maj

BlockBeats news, on October 18, according to Arkham monitoring, whale 0x204 withdrew 10 million ARB from CEX 2 hours ago, worth about 1.8 million USD. Previously, about 73,400 UNI were also withdrawn, with a total value of about 2.34 million USD. It is worth noting that Arbitrum unlocked more than 90 million ARB yesterday, and the ARB price has still risen sharply recently.

BlockBeats news, on October 18, Lucas Schuermann, founder of the Arbitrum on-chain derivatives protocol Variational, described the platform's three-year roadmap: by 2025, complete initial growth and validate the Omni-type broker model; in 2026, advance RWA perpetuals and swaps to bring traditional financial liquidity on-chain; in 2027, launch Variational Pro, covering options, structured products, and other OTC derivatives, bringing institutional-grade trading on-chain.

BlockBeats news, on October 18, HIP-3 market deployer Entropy launched the Anthropic Pre-IPO market on Hyperliquid. ANTH fell 0.25% in 24 hours, currently priced at 1909 USD, with the corresponding OTC market value dropping to 1.909 trillion USD, compared to 2.1 trillion USD at the beginning of the month. The contract's 24-hour trading volume is 5.6 million USD, with contract open interest reaching 40 million USD.

BlockBeats news, on October 18, Citrini analyst Jukan posted that among the three major storage manufacturers, he is most optimistic about Samsung Electronics. Since TSMC still needs to allocate wafer capacity for Nvidia Rubin and Rubin Ultra, it is difficult to take on a large number of NVHBM orders. Only Samsung, with its own foundry capabilities, can meet the excess demand for NVHBM. South Korean media previously reported that at Nvidia's request, Samsung has decided to use TSMC's 3nm proces

BlockBeats news, on October 18, on-chain detective Specter retweeted a tweet warning the community that the InfoFi project BILL is suspected of being a scam. The Billion (BILL) token price has dropped about 97% from its historical high. In the past two months, 17 addresses that received tokens from team-associated wallets have deposited about 988 million BILL tokens into exchanges. Just this week, another independent deposit address has deposited about 360 million BILL tokens into exchanges, wit