Lookonchain APP

App Store

The UK government has pledged to invest £100 million to build a biosafety laboratory in collaboration with OpenAI and Anthropic.

59 minutes ago

According to Bloomberg, the UK government has announced it will invest £100 million (approximately $134 million) to build an artificial intelligence (AI) biosecurity lab, which will receive support from OpenAI, Anthropic, and Google DeepMind. This move is part of a series of measures by the UK government aimed at enhancing its ability to understand and respond to AI-related risks. Per the UK government’s statement, the lab will use AI to detect and monitor biological threats. In addition to the aforementioned funding, OpenAI and Anthropic will also provide up to £200 million in AI model usage credits. The lab will also collaborate with Google DeepMind and life sciences firm Basecamp Research. Separately, the UK government has allocated an extra £65 million for the development of pathogen response measures. The establishment of this lab further clarifies the UK government’s AI strategic direction: creating a dedicated body outside existing government departments to conduct research, monitoring, and applications across different AI technology domains. The announcement also includes an additional £120 million in funding for the AI Safety Institute, one of the government agencies currently receiving the most substantial financial support, which is primarily responsible for regular assessments of frontier AI models. Additionally, the UK government will allocate an extra £23 million to the AI Economics Institute, which is currently under development and aims to analyze the impact of AI technology on the economy.

Relevant content

Bank of Japan is expected to hold steady this week, with more than 80% of analysts forecasting a rate hike in December.

Bank of Japan will hold its monetary policy meeting from October 29 to 30, according to Nikkei QUICK News (NQN). A survey of analysts tracking the BOJ's monetary policy, conducted by NQN between October 14 and 20, shows all respondents expect the central bank to keep its policy rate unchanged at the current 1.25%. Over 80% of respondents anticipate the next rate hike will take place in December. (Source: Jinshi)

7 minutes ago

Equity tokenization is facing a trust crisis, as a non-profit organization ran a full-page ad in The Wall Street Journal (WSJ) urging CEOs to address the associated risks.

The Wall Street Journal has run full-page paid advertisements over the past two days, themed "YOUR STOCK. THEIR TOKENS. YOUR PROBLEM." (translated as "Notice to CEOs of listed companies: Your stock, their tokens, your problem") to alert the public to the risks of stock tokenization. The ad was funded by Common Sense Leadership Fund, a U.S. conservative non-profit organization, and aims to warn that the crypto industry will tokenize company shares in "unregulated venues", listing eight key risks: pricing deviations, ambiguous ownership, impaired capital raising, cyber theft, market manipulation, anti-money laundering (AML) vulnerabilities, lack of investor protection, and potential legal liability. Earlier reports noted that a total of 22 companies, including giants such as Microsoft, Goldman Sachs, McDonald’s, and Alphabet, raised objections. The document outlined relevant rules for the cooperation project between OKX and ICE, and listed the objecting companies, but did not specify the exact reasons for their opposition.

7 minutes ago

Abraxas' hedge positions have generated over $353 million in profits, while it holds $1.29 billion in short positions.

According to Lookonchain’s monitoring, Abraxas Capital’s two hedge accounts on Hyperliquid have collectively generated profits exceeding $353 million, and currently hold short positions valued at more than $1.29 billion.

7 minutes ago

Abraxas Capital's Hyperliquid hedging accounts profit $353M, hold $1.29B in shorts

Abraxas Capital's 2 hedging accounts on Hyperliquid have made over $353M in total profit! They currently hold over $1.29B in short positions.

7 minutes ago

StandX's DUSD airdrop sparks a gap in community expectations, drawing criticism over insufficient rule transparency.

StandX announced today that the query page for DUSD airdrop eligibility and distribution is now live. Feedback from the community and KOLs is overwhelmingly negative. Most active participants say their points do not align with actual returns: some users report over 20,000 points only translate to 31.91 DUSD, while airdrop amounts for some accounts with $5,000 in pre-deposits are zero. Multiple KOLs, after sharing screenshots, stated bluntly that "stopping halfway would have been more cost-effective", adding that the scheme resembles a fee discount rather than a genuine airdrop. Some voices, however, argue that the project team’s choice not to issue tokens, use remaining revenue plus team funds to compensate users, and provide a clear exit timeline constitutes a relatively responsible wrap-up. Overall, the core of the controversy lies in the gap between expectations and the lack of transparency in the rules.

7 minutes ago

Current funding rates on mainstream centralized exchanges (CEX) and decentralized exchanges (DEX) show the market remains neutral.

According to Coinglass data, Bitcoin once again dipped below the $80,000 mark today. That said, funding rates on major centralized (CEX) and decentralized (DEX) crypto exchanges show the market’s bearish momentum is easing, with rates overall still holding in the neutral range; specific funding rates are detailed in the attached chart. BlockBeats Note: The funding rate is a mechanism set by cryptocurrency trading platforms to align contract prices with underlying asset prices, typically used for perpetual contracts. It is a fund exchange between long and short traders—platforms do not collect this fee, instead using it to adjust the cost or returns of traders holding contracts, ensuring contract prices stay close to their underlying assets. A 0.01% funding rate is the benchmark. A rate above 0.01% signals broad bullish sentiment, while a rate below 0.005% indicates widespread bearishness.

7 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano