Yuga Labs: Stolen NFT Claim Site Officially Launched

Morgan Stanley has adjusted its previously bearish outlook on the U.S. dollar, forecasting that the greenback’s strength will persist through mid-2027. The bank projects the U.S. Dollar Index will rise to 104 by then, while the euro could fall from its current level around $1.14 to $1.10 against the greenback. The report cites expectations of further Federal Reserve rate hikes, U.S. economic resilience, and persistently high energy prices as factors that will sustain America’s relative interest rate advantage and continue to underpin the dollar. This outlook aligns closely with recent market conditions. On September 25, the 10-year U.S. Treasury yield remained near the 5.2% mark, with the U.S. Dollar Index trading around 101. While U.S. stocks stabilized at the open on optimism over artificial intelligence, and bitcoin hovered around $84,900, elevated yields continued to weigh on valuations of risk assets. Morgan Stanley had earlier revised its Fed rate path to include two 25-basis-point hikes in December this year and March 2027, lifting the federal funds rate range to 4.25%-4.5%, which is likely to be maintained through 2027. For the foreign exchange market, this means the U.S.’s interest rate advantage over other major economies will be slow to narrow. The report also flags European political risks as an additional headwind for the euro, including the French presidential election in spring 2027 and electoral risks in Germany and Italy. If the euro’s risk premium continues to rise, it will work in tandem with the U.S. interest rate advantage to boost the dollar.

PAID official announcement: The platform has successfully distributed $1.44 million to X Money users via its token creator fee automatic revenue-sharing tool. Paid previously launched its token issuance feature on Pons on the 19th. The official stated that 80% of fees will be sent to X users via X Money, while 20% will be converted to SOL for PAID token buybacks. Token issuers can send fees via X Money by adding an X Handle to their project description. Additionally, celebrities on X do not even need to register for Paid or provide consent to receive fund distributions through X Money. According to GMGN market data, PAID’s market cap on Solana has now exceeded $40 million, with a 24-hour increase of over 360% and trading volume of $32.8 million in the same period. On-chain data shows that Frank DeGods, founder of DeGods, purchased PAID approximately four days ago, investing roughly $145,000 to $169,000 and holding tens of millions of tokens. BlockBeats reminds users that related token prices are highly volatile, so investment requires caution.

U.S. stocks remain resilient amid pressure from high oil prices and elevated yields, with AI themes continuing to underpin tech sector performance. Goldman Sachs’ latest calculations have shifted market focus further toward the revenue side: top U.S. AI cloud vendors will need to generate roughly $300 billion in annualized AI revenue over the next several years to cover their current massive investments; for cloud vendors to achieve meaningful returns and the application layer to sustain high profit margins, end-users’ annual spending on AI applications will need to approach $1 trillion. Goldman Sachs analyst Ryan Hammond forecasts that hyperscale cloud vendors’ capital expenditure will reach around $800 billion in 2026, with the market consensus for 2027 standing at roughly $1.1 trillion. Goldman Sachs’ baseline scenario is that actual 2027 spending may still exceed consensus expectations, though the growth rate and the degree of upside surprise will gradually slow. For AI operations already reliant on data centers, GPUs, storage, and networking equipment, capital expenditure is not nearing a sudden contraction point; the market will closely monitor how much cloud revenue and profit each dollar of investment generates. The report does not simply turn the AI narrative into a pessimistic outlook. Goldman Sachs notes that hyperscale cloud revenue in Q2 has added roughly $70 billion in annualized terms compared to pre-AI boom trends, with announced revenue backlogs exceeding $1.5 trillion. Enterprise AI procurement remains in its early stages, and the recent acceleration in corporate spending will make AI’s impact on corporate profits clearer over the coming quarters.

RevokeCash has issued a security alert, warning that users who previously traded NFTs on Magic Eden’s Ethereum marketplace likely granted authorization to Limit Break’s Payment Processor contract, which carries a known vulnerability, and recommends revoking that authorization. Yesterday, Magic Eden officials noted that NFTs currently listed on the platform are not affected by the vulnerability, while those listed via its EVM marketplace roughly between February and October 2024 may be impacted; listings after October 2024 are in principle unaffected. The platform is in contact with protocol owner and maintainer Limit Break to explore additional risk mitigation measures, including pausing protocol transfers, and will continue investigating the full scope of the impact. Users who have listed or traded NFTs on Magic Eden’s EVM marketplace should revoke related contract authorizations on the Ethereum, Polygon, and Base networks. They can filter their addresses via revoke.cash and revoke all NFT authorizations marked as "approved for all". Additionally, Yuga Labs’ Vice President of Blockchain, Quit, stated that the asset claim website for NFT theft incidents tied to the Payment Processor vulnerability is now live. Affected users whose NFTs were successfully recovered by Yuga Labs can now file claims, but must first revoke authorization for the Payment Processor.

According to GMGN data, Ethereum mainnet AI-themed token IMD has hit a new all-time high market cap of over $39 million, and has since pulled back to $31 million, with a 24-hour trading volume of $2.1 million. IMD is an older token on the Ethereum mainnet, having evolved from a chain game pet token to an experimental project featuring "community-provided computing power, AI labor, and token deflation." Its predecessor was Fren Pet, an electronic pet game launched on Base in 2023, later renamed VIBE, and rebranded as IMD in May 2026. Its current narrative centers on building an "AI cooperative": users holding qualified NFTs can connect their computers and Claude/Codex quotas to the network, enabling AI agents to collaboratively write code, audit smart contracts, and develop applications, with rewards distributed for completed projects. The token uses the POOL4 mechanism, where a portion of IMD is allocated from transactions—most of which is burned, with the remainder distributed to stakers and nodes. BlockBeats reminds users that token prices are highly volatile, so investment requires caution.

Per Lookonchain monitoring, an on-chain address spent $870 to purchase 16.7 million e/acc tokens, which are now valued at $313,000. The address has generated a profit of over $312,000 in just 5 hours, delivering a 350x return on investment.