「$10M Profit Whale」 Suspected of Accumulating 6000 ETH in a Transaction, with an Average Price of $1582

According to official announcements, OKX will launch unified tokenized stock spot trading for assets including xSHLD and xSQQQ. Other tokenized stock assets available include xTMF, xTSLL, xURNM, xUSO, xUVXY, and xXBI. The product is currently backed by xStocks (Backed Assets), and xStocks tokens can be deposited and withdrawn via the Solana and X Layer networks. It supports 24/7 trading, with all trading pairs priced in USDT.

Beating AI News Flash: JPMorgan Chase, the largest U.S. bank, has begun restricting external AI Agents from operating customer accounts. On October 13, CEO Jamie Dimon said the bank will not allow third-party Agents such as Meta Muse and Instinct to access its systems. Customers can still authorize AI tools to read account balances via approved channels like Plaid, but they cannot surrender online banking passwords for Agents to log in on their behalf, nor let Agents directly initiate transfers or pay bills. Dimon warned that if Agents act without authorization, the granting user may be held liable. Chase’s standard savings accounts offer an annual percentage yield (APY) of just 0.01%, while some high-yield savings accounts in the market exceed 4%. For a $10,000 deposit, annual interest would be only $1 at JPMorgan, compared to over $400 with top alternatives. In the past, many people found comparing rates, opening accounts, and transferring funds too cumbersome, so they preferred keeping their money with their existing bank. Now, personal Agents can handle these tasks for users. If a large number of depositors start using AI to automatically seek out high-yield accounts, the low-cost deposits that traditional banks rely on for profits could be impacted. JPMorgan is also developing its own AI wealth management tool, Smart Cash. The product recently launched a small-scale pilot program, aimed at predicting customer cash flow and automatically allocating funds to boost returns. Dimon emphasized that the bank does not oppose Agents, but customers must understand the potential liability transfer when they authorize external tools.

PancakeSwap’s team The Kitchen recently released the "The Flip" proposal on the governance forum, proposing to raise liquidity provider (LP) fee splits for v3 and Infinity across all 11 supported chains to 88%, with the protocol retaining 12% for the Treasury; v2 remains unchanged due to hard-coded fees. The proposal states that based on 2025 trading volume, LPs could earn an additional ~$62 million in fees. Higher splits may attract more liquidity, reducing transaction price impact. Trader fee tiers will stay unchanged; existing Infinity pools will see lower total swap fees due to reduced protocol fees. For CAKE, post-veCAKE emissions are proposed to be cut by ~69% from 22,500 tokens daily to 7,000 daily, with the remaining 7,000 tokens allocated to the ecosystem growth fund Pantry. The Kitchen noted that CAKE’s supply has decreased by 11.5% since Tokenomics 3.0 was passed, with v2 alone sustaining net deflation, and the protocol is on track to meet its 2030 20% supply reduction target ahead of schedule. If approved, implementation will start in November 2026, expected to wrap up by the end of January 2027, rolled out gradually per chain. The final plan will be submitted for a Snapshot vote after incorporating community feedback.

Beating AI Express News reports: Lauren Tan, engineering lead of Grok Bot, is calling for the removal of the vast majority of comments in codebases. She argues that coding agents tend to mimic existing code; a comment explaining a temporary fix could be repeatedly copied by subsequent agents as the correct approach, eventually leading to outdated patches and workarounds spreading across the entire project. Tan previously revealed in an interview that Dune, the development framework used by Grok Bot, has banned code comments. She estimates that 99% of AI-generated comments she has encountered explain irrelevant historical context. For instance, an engineer might only request that a specific approach not be used in a pull request (PR), but the agent will write that line into a comment, leaving it for subsequent agents to treat as a permanent rule. To address this, Tan recommends using the `/no-comments` skill from her open-source toolkit pstack. This tool invokes a dedicated agent to review comments, identify outdated explanations and temporary workarounds, and resolve root issues through refactoring. For example, architectural requirements originally written in comments can be converted into automatically enforced lint rules, or type systems can be used to directly block incorrect implementations.

According to Bybit market data, US-listed optical module and storage stocks were trading lower in pre-market hours, with the following movements: COHR down 0.27%, LITE down 0.66%, AAOI up 0.22%, NOK up 1.52%, MRVL down 0.31%, STX (Seagate) down 1.47%, WDC (Western Digital) down 1.24%, SNDK (SanDisk) down 2.16%, and MU (Micron) down 0.63%.

According to official announcements, DeFi yield protocol infiniFi has unveiled the token economics model for its native INFI token, with the Token Generation Event (TGE) on the horizon. INFI’s total token allocation breaks down as follows: 45% for the ecosystem, 20% for the team, 20% for investors, and 15% for the foundation. infiniFi stated that its upcoming community airdrop will be allocated from the ecosystem pool. More use cases for INFI will be announced ahead of the TGE, while additional details on the token economics model, allocation mechanisms, and the airdrop are set to be disclosed in the near future.