Kimi acknowledges that K3.1 Pro has unnecessary quota consumption; all members will receive compensation, and sub-Agent calls will be reduced.

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)

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.

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.

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

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.

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.