The U.S. Treasury Department Sanctions 8 Tron Wallet Addresses Using Tether to Support Houthi Armed Group

Bernstein noted that sustained growth in artificial intelligence (AI) demand and resilient demand for high-end smartphones may continue to drive revenue growth for Taiwan Semiconductor Manufacturing Co. (TSM.N, TSMC). Calculated from monthly revenue figures, TSMC’s third-quarter revenue hit NT$1.49 trillion, 3% above the market consensus forecast. Bernstein projects TSMC’s U.S. dollar-denominated revenue will rise 41% this year. TSMC is poised to release its full third-quarter earnings report shortly, with investors closely monitoring its 2nm process capacity expansion, potential further expansion in the U.S., and its outlook for 2027. Bernstein’s prior forecast of 30% annual revenue growth for TSMC in 2027 and 2028 has upside potential.

Beating AI News – ByteDance has announced the official merger of its AI office tool TraeWork and programming tool TraeCode into a new product named TRAE. The two previously separate clients will be unified under a single entry, offering two modes: Agent and IDE. The Agent mode enables AI to automatically advance tasks, while the IDE mode retains full code editing and debugging capabilities. The new Agent mode supports managing multiple projects simultaneously, scheduling multiple AI agents to work in parallel, and connecting to SSH remote development environments. Users can have AI handle end-to-end workflows from requirement analysis to page design, coding, testing and delivery, and switch to the IDE mode at any time for manual code modifications. Existing features including scheduled tasks, template libraries and office capabilities are also integrated, with cross-device support for desktop, web and mobile. ByteDance stated that chat history, account information, local data, login status and business points will be automatically migrated after the upgrade. TraeWork users need to manually initiate the upgrade in the client, while TraeCode users will receive automatic updates. The official documentation clarifies that TraeWork will be discontinued on October 23, and users who fail to upgrade by then will no longer be able to access it. However, some developers have expressed dissatisfaction with the new version. Users in TRAE’s official community have reported that the software now defaults to the Agent workspace; the previously commonly used IDE mode requires manual switching, and there is currently no option to adjust the default startup mode.

News flash from Dong察 Beating AI: Doubao App has added a new "Life Payments" feature. When users type "pay electricity bill" or "pay water bill" in the chat box, Doubao will pop up a service card; clicking it leads to the page for settling water, electricity, and gas bills, eliminating the need to look for payment entry points in other apps. However, the feature is not available in all regions yet. Even if the service is accessible in their city, users still need to link their account number, confirm, and complete the payment – it does not support automatic deduction with just a single command. A source close to Doubao told The Paper that the app is gradually expanding service capabilities for daily affairs, including travel booking and life payments. Previously, Doubao had already integrated services such as flight tickets, train tickets, and ride-hailing.

Cardano founder Charles Hoskinson has published a post refuting Ethereum co-founder Vitalik Buterin’s views on post-quantum cryptography shared two days ago. Buterin argued that AI-driven advances in mathematical research could weaken the concrete security of lattice-based cryptography (including ML-DSA and FHE), adding that Ethereum’s lean roadmap is shifting to pure hash signatures as a result. He also recommended roughly doubling the key length for lattice-based schemes, and advised privacy protocols to place encrypted notes off-chain as much as possible. Hoskinson countered that this judgment lacks verifiable attacks and cost models. He noted that number field sieve methods cannot be simply analogized to lattice problems; the parameters of ML-KEM and ML-DSA have already accounted for decades of sieve and enumeration attacks, and quantum attacks on ideal lattices have not yet affected current modular lattice schemes. On the contrary, hashes like Ethereum’s Poseidon have stronger algebraic structures. Hoskinson further argued that abandoning the already deployed hybrid ML-KEM before any attacks emerge would instead keep traffic on classical cryptography longer, exacerbating the "steal now, decrypt later" risk.

The U.S. government deposited 17,733 $BTC ($1.48B) and 750 $WBTC ($62M) into #CoinbasePrime over the past 3 days. During this period, the price of $BTC dropped 6.9%.

Pump.fun has announced an update to its Custom Pairs feature. Previously, new tokens could only be paired with tokenized stocks or whitelisted tokens, but now they can be paired with any token issued on the platform that is either still on a bonding curve or has graduated to PumpSwap. Tokens that have graduated to Raydium and are not on the whitelist are not currently supported, with exceptions for whitelisted projects like Fartcoin. The official stated that derivative trading of past popular tokens was siphoning attention and liquidity. Under the new mechanism, when purchasing a new token paired with an existing one, funds will first be converted into the paired token before buying the new token, thereby generating buy pressure and deeper liquidity for the original token pool. Currently, pairing depth is limited to one layer, and the pairing relationships of already listed tokens cannot be modified. The platform has also adjusted the fee calculation for multi-hop swaps to prevent fees from stacking up.