A whale transferred 1000 ETH to Binance after a year of hibernation

NFT trading platform Blur has announced that its blur.io website frontend will be discontinued on November 12, 2026. The adjustment only affects the frontend: Blur’s trading market protocol will remain operational on-chain, and BLUR will continue to control its fee switch. Concurrently, Blend will stop matching new loans on the same date. Borrowers may either repay their loans before that deadline or opt to default. Following this date, Blur will offer frontend tools to assist users in withdrawing assets from Blend.

According to BIT (bit.com) market data, U.S. stocks closed on Monday (October 12): the Dow Jones Industrial Average rose 0.38%, the S&P 500 fell 0.06%, and the Nasdaq declined 0.44%. Optical communication concept stocks led the losses, with Ciena (CIEN) down 9.95%, Lumentum (LITE) down 9.78%, Applied Optoelectronics (AAOI) down 8.17%, Coherent (COHR) down 7.88%, and Credo (CRDO) down 7.25%. Storage stocks also trended lower: SanDisk (SNDK) down 5.97%, SK Hynix (SKHY) down 4.02%, Micron Technology (MU) down 3.88%, and Seagate Technology (STX) down 3.80%. Most Neocloud stocks fell, including Nebius (NBIS) down 4.98%, Galaxy Digital (GLXY) down 2.26%, CoreWeave (CRWV) down 2.22%, and IREN down 1.11%. Semiconductor stocks declined across the board: Arm (ARM) down 4.15%, Marvell Technology (MRVL) down 3.42%, Intel (INTC) down 3.20%, and AMD down 2.28%.

According to HTX market data, Bitcoin briefly fell below $82,000, with a 24-hour decline of 1.93%.

Robinhood CEO Vlad Tenev responded to community questions on X, stating that Robinhood Chain is a top priority for the company. “We never left,” he said. “The builders who showed up early matter a great deal to us. More updates will be coming soon.” Tenev added that he aims to attract the best builders to Robinhood Chain, noting: “We are investing to make this a reality. If you’re building something great, we want to hear your ideas. More details will be announced soon.”

Cleveland Federal Reserve President Hamrick said the Fed needs to bring monetary policy to a restrictive level to push inflation back to its 2% target. She noted that the current policy stance means inflation could take longer than acceptable to fall, hence "more tightening is needed." Hamrick added that further interest rate hikes may still be required, though the timing is undecided. She favors "smaller, more frequent" adjustments to help businesses and households plan ahead. She pointed out that corporate input costs are rising, and an increasing number of firms are passing these costs to consumers. If prices are no longer constrained by demand, inflation could rise further or stay elevated. She highlighted that the biggest inflation risk is the development of an "inflation mindset" among individuals and businesses, who gradually accept higher inflation levels—this would make it harder for the Fed to return inflation to target, and some signs of this have already emerged. When discussing the rise in U.S. Treasury yields, Hamrick said it is mainly driven by factors including economic growth expectations, market repricing of Fed policy, fiscal pressures, and large-scale bond issuance. She noted that the data center investment boom is boosting growth, but the current financial environment still needs further tightening to help inflation decline. Hamrick also emphasized that the Federal Reserve's independence is "always of utmost importance." (Jinshi)

Dongcha Beating AI News: Meta Platforms CEO Mark Zuckerberg announced that he will launch two models today, including Muse Wonder, a larger and more advanced model.