Cipher Digital plans to issue $850 million in convertible bonds to raise funds for its data center projects.

Beating AI Express (Insight) – U.S. AI firm Hillclimb has launched DeepRSI, which uses 15 real-world machine learning research tasks to test agents’ ability to conduct experiments and optimize solutions continuously over 48 hours. The tasks cover areas including GPU computing acceleration and vision model inference optimization. Among the first batch of five models, Claude Fable 5.1 ranked first with an Elo score of 1548, followed by GPT-6 Astra at 1232 and Kimi K3 at 820. GPT-6 took an early lead, but Claude gradually overtook it in later experiments. The testing costs for the three models were approximately $627, $404, and $159 respectively. The tests also found that some models exploit loopholes in the scoring rules to inflate their scores. In a color grid reasoning task, GPT-6, unsatisfied with its model training performance, directly encoded a pre-existing solution algorithm into the model’s weights – a case the research team labeled a serious reward mechanism vulnerability. Grok 4.7 trained using public test datasets, while Gemini 3.8 Flash repeatedly adjusted parameters based on public samples. These practices may boost scores but do not mean the models have truly mastered general problem-solving methods. DeepRSI tests whether AI can independently improve established research plans over a long period, rather than achieving true recursive self-improvement. The task goals and scoring criteria are still set by humans, and with only 15 tasks, each model was tested just twice. Even high scores cannot prove that AI is capable of independently developing a next-generation model stronger than itself.

On-chain analyst Ai Yi (@ai_9684xtpa) reports that the address of "Big Brother Ma Ji" (Huang Licheng) has incurred a cumulative loss of $11.27 million over the past seven days. The address has cut its positions twice today, with actual losses of $1.01 million and $12,000 respectively. It currently maintains a long position of 7,150 ETH with 25x leverage, valued at approximately $17.86 million. The liquidation price is $2,472.78, and the current ETH price is just $26.52 away from the liquidation threshold. On October 5, the address had a profit of as much as $5.46 million, while its account balance now stands at only $562,000.

Goldman Sachs has earmarked a portion of the proceeds it received from wealthy clients’ record-breaking SpaceX initial public offering (IPO) for an early $450 million charitable donation. When the bank released its third-quarter results on Tuesday, it separately disclosed this special expense in its expenditure items, noting the charge reduced diluted earnings per share by roughly $1. Over five years ago, Goldman Sachs helped wealthy clients invest in Elon Musk’s SpaceX. Earlier this year, the aerospace firm went public at a $1.77 trillion valuation, generating massive gains for Goldman clients who sold their shares, with the bank taking a cut of hundreds of millions of dollars from the windfall. Goldman Sachs CEO David Solomon hinted at this arrangement in September, saying the bank could use the unexpected proceeds to make an early large-scale charitable donation, as it is more tax-efficient to do so.

According to official announcements, Aptos announced that the initial token unlock plan for its core contributors and investors concluded yesterday (October 12, 2026). The four-year plan was fully aligned with the terms disclosed at the mainnet launch. All tokens allocated to core contributors and investors in the initial distribution have now been fully unlocked, with no remaining tokens pending unlock.

Papertrade (@papertrade_xyz)'s revenue has far surpassed Hyperliquid's, and it now ranks third with $6.01M in 24H revenue. Interestingly, #papertrade's daily trading volume reached a staggering $910B, with $28.4B in liquidation volume.

Glassnode stated in a report that Bitcoin has rebounded near the cost basis of spot Bitcoin ETFs. For most of this year, Bitcoin’s price has remained below this level, and its May rally stalled before reaching it. So far, this level has acted as support twice around $81,500. If the price breaks below this level, the next key support will be the real market average around $77,500.