US stock momentum trading faces 'collective backlash': S&P 500 Momentum Index set to notch its worst quarterly performance in 25 years.

According to market data from BIT (bit.com), Strategy (MSTR)’s decline has widened to 9.08%, currently trading at $137.5. On the news front, MSCI plans to implement new rules that use operating asset ratios and multiple financial ratio tests to filter out companies whose asset structures and operational characteristics are closer to investment funds than traditional operating enterprises. Strategy, due to its extremely high proportion of Bitcoin assets, has been included in the observation list of potential exclusion candidates. The final affected list is expected to be announced on November 11. Market participants believe that if MSTR is removed from MSCI-related indices, passive funds tracking these indices will be forced to reduce their holdings of its stock, which may generate selling pressure worth billions of dollars and pose a challenge to its model of continuously acquiring Bitcoin through equity financing.

Cross-chain swap protocol NEAR Intents has released a post-mortem report on its recent vulnerability incident, disclosing that the $3.8 million asset extraction stemmed from a flaw in its deposit notification function. Attackers created smart contracts intentionally causing notification failures, resulting in deposited tokens being refunded while the protocol’s internal ledger still recorded the corresponding balance. Over 23 failed deposit transactions, the attackers accumulated $3.8 million in fake, unbacked balances, then withdrew real tokens between September 29 and October 1, transferring them to other blockchains via Omni infrastructure. Alex Shevchenko, general manager of NEAR Intents, emphasized the vulnerability resided in NEAR Intents’ contracts, not Omni’s infrastructure. The protocol added that the attacker repaid all funds within 36 hours of the bug being identified, and affected users have received full compensation. The team has since enhanced balance monitoring mechanisms and permanently removed the vulnerable function on October 7. Additionally, a security researcher who discovered the critical vulnerability was awarded a $300,000 bounty.

According to data from mempool.space, Bitcoin completed its latest mining difficulty adjustment at block height 971712 at 20:37:31 Beijing Time today, with the difficulty rising by 5.92% to 140.58T.

According to market data from BIT (bit.com), Strategy (MSTR) has extended its decline to 6.46%, currently trading at $141.5. On the news front, MSCI plans to adopt new rules that screen out companies whose asset structures and operational characteristics are closer to investment funds than traditional operating enterprises, based on tests of operating asset ratios and multiple financial metrics. Strategy, due to its extremely high proportion of Bitcoin assets, has been included in the watchlist of potential removals. The final affected list is expected to be announced on November 11. Market participants believe that if MSTR is excluded from MSCI-related indices, passive funds tracking these indices will be forced to reduce their holdings of the stock, potentially creating billions of dollars in selling pressure and posing a challenge to its model of continuously increasing Bitcoin holdings through equity financing.

Insight Beating AI Flash News: Liquid AI has released the multimodal decision model d1-ultra, which scored 65 points in Artificial Analysis’s Decision Index v1.0, surpassing Jev 1.14’s 57 points to claim the top spot. Unlike models built for chatting or article generation, this decision model reads text and images to directly judge which option is more likely correct and provides corresponding probabilities. Its applications include inspecting circuit board defects, verifying that product images match their descriptions, or reviewing customer-uploaded claim photos. However, the new model’s top ranking comes with a notable tradeoff: in Artificial Analysis’s 500-question knowledge test, d1-ultra answered only ~32% of questions correctly, lower than the previous d1 generation’s 41%. Its strength lies in reducing incorrect responses. Among questions it did not answer correctly, the share of choosing “I don’t know” rose from 2% to 85%. When facing uncertain queries, it is more willing to admit ignorance rather than risk providing wrong answers — a key factor behind its significant ranking improvement. Artificial Analysis assigns 12.5% weight each to knowledge accuracy and the ability to avoid incorrect responses, with the remaining score derived from complex reasoning, tool call judgment, and safety classification. Liquid AI’s own 112-test evaluation shows d1-ultra outperforms Jev 1.14 across all eight task categories. d1-ultra is available via Liquid API and Vercel; its model weights have not been open-sourced. It charges $0.042 per million input tokens, 2.1 times the price of the previous d1 model, with no output fees. For a single image used to answer multiple questions, input costs are recalculated for each question.

According to market data from BIT (bit.com), the three major U.S. stock indexes showed mixed performance: the Nasdaq Composite fell 1.09%, the Dow Jones Industrial Average rose 0.44%, and the S&P 500 slipped 0.11%. AI-related stocks declined broadly, with individual components posting losses as follows: COHR down 5.89%, LITE down 4.06%, AAOI down 5.83%, SKHY down 5.13%, STX down 5.84%, WDC down 4.84%, SNDK down 4.29%, and MU down 4%.