Bitcoin and Ethereum ETFs See Massive Outflows: $788 BTC and 29,926 ETH Withdrawn in 24 Hours
Oct 13 Update:
#Bitcoin ETFs:
1D NetFlow: -788 $BTC(-$65.55M)??
7D NetFlow: -8,267 $BTC(-$687.28M)??
#Ethereum ETFs:
1D NetFlow: -29,926 $ETH(-$74.79M)??
7D NetFlow: -217,087 $ETH(-$542.51M)??
4 minutes ago
Apple officially enters the smart home market, launching the $299 AI-powered smart display HomeView.
Apple has unveiled a new device called HomeView. This $299 smart display will serve as Apple’s core offering to challenge Amazon and Google and break into the smart home market. HomeView will launch on November 13, operating primarily via hands-free voice commands, and uses facial recognition technology to deliver personalized software experiences for each family member. The device has no physical buttons, but features a 7-inch touchscreen with an app grid layout that will feel very familiar to iPhone and iPad users. Apple positions HomeView as an ideal platform to showcase the capabilities of its Siri AI assistant. With its built-in camera, the device can instantly recognize up to six different users and provide tailored responses, whether assisting with cooking, video calling with loved ones, or playing music through its speakers. To rapidly expand its smart home market presence, Apple is collaborating with LG Electronics and Schneider Electric to launch a series of "Apple Home Collection" accessories, including indoor and outdoor cameras, video doorbells, thermostats, and smart locks. Apple is involved in the joint development of these hardware products, which will start shipping in December, priced between $199 and $399.
4 minutes ago
Coinbase co-founder Fred Ehrsam has founded Primavera and is preparing to take over multiple oil fields in Venezuela.
According to Bloomberg, Coinbase co-founder Fred Ehrsam is betting his personal funds on Venezuela’s oil industry. He called the opportunity to become a major oil producer an "exceptional opportunity," comparing it to the once-in-a-decade investment that helped him become a billionaire. Ehrsam-founded startup Primavera has recently signed multiple contracts with Venezuela’s state-owned oil company PDVSA and is preparing to take over operations at several of the country’s oil fields. Primavera has also hired senior oil industry professionals from Chevron and Occidental Petroleum to help build relevant infrastructure to support the production of conventional oil and heavy crude oil.
4 minutes ago
New AI Research Ranking: Claude Tops 48-Hour Test, GPT-6 Exploits Scoring Loopholes
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.
4 minutes ago
Maji posted a $11.27 million loss over seven days, leaving its account balance at just $562,000.
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.
4 minutes ago
Goldman Sachs reaped a windfall from SpaceX's initial public offering (IPO), and has arranged a $450 million charitable donation in advance.
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.
4 minutes ago