U.S. stocks closed, with optical communications leading gains, semiconductors and storage sectors advancing, and LITE and AMAT both up over 5%.

Balancer announced that BAL holders have approved protocol orderly shutdown proposal BIP-928, while the fork proposal BIP-929 — which would continue Balancer’s technology under a new name — failed to pass. Existing liquidity pools will operate normally until October 30, with users able to withdraw funds throughout the process. The deadline for partners to apply to extend specific V3 pools to run until November 30 is October 16. On October 30, pools eligible for suspension will switch to withdrawal-only mode, and the bug bounty program will conclude at the same time; the V3 Vault will be suspended on November 30. Balancer stated that its contracts are non-custodial, meaning withdrawals do not depend on the project’s continued operation. BAL holders do not need to take any action at present. Starting from the end of May 2027, holders can burn BAL to receive proportional allocations from the DAO treasury, with the exact opening date for this process announced at least two weeks in advance. Balancer will also publish guides for exiting liquidity pools via its application, third-party tools, and direct on-chain operations.

Per Lookonchain’s monitoring, crypto personality "Big Brother Ma Ji" (Huang Licheng) closed his long PUMP position 9 hours ago, locking in a profit of $827,000. He immediately re-opened a position thereafter, going long on 900 million PUMP tokens with 10x leverage, with the position valued at approximately $5.26 million.

Machi (@machibigbrother) closed his $PUMP long 9 hours ago, realizing a $827K profit. Right after that, he opened a new 10x long on 900M $PUMP($5.26M).

Beating AI Express News: David Sacks, chair of the U.S. President’s Council of Advisors on Science and Technology (PCAST), published a post stating that Trump convened leaders of top firms in the chips, data centers, and frontier AI model sectors to discuss the development of the "superintelligence" industry. He noted this new industrial revolution has created 1 million jobs, with its infrastructure construction scale exceeding the combined total of railroad, canal, and power grid projects. Sacks added that heads of multiple frontier AI lab companies have signed the "White House Superintelligence Agreement", committing to responsible product development and implementing new internal control and external audit mechanisms. He argued that rather than waiting for international agreements that could take years to finalize, companies signing such an agreement is a better choice, as it also helps the U.S. maintain its technological leadership.

According to Onchain Lens monitoring, Grayscale’s Chainlink ETF has made another purchase of $2.36 million worth of LINK. Five hours ago, the ETF bought and received 159,480 LINK tokens from Coinbase Prime, valued at approximately $2.36 million. So far this month, the ETF has accumulated purchases of at least 629,100 LINK tokens, totaling around $8.37 million.

Multicoin Capital announced that its hedge fund and venture capital funds have invested in DePIN project Grass, positioning it as the "read layer for machine intelligence". Over the past 18 months, Grass has used crypto incentives to recruit users to share idle network bandwidth for querying and parsing the public internet, and has integrated into data processing workflows at several leading AI labs. Grass disclosed that more than 6 million contributors have received USD-denominated rewards backed by network revenue. The project generated $17 million in revenue in 2025, and matched that figure with $17 million in revenue in the first half of 2026. It is already profitable, and forecasts its training data business alone will hit $75 million in revenue in 2026. Multicoin noted that the market currently largely views Grass as a proxy network supplying pre-training data to AI labs, but has not fully factored in its potential for real-time retrieval during the inference phase. Grass plans to launch content APIs, search APIs, and web indexes to enable AI models and agents to access real-time web information; its system has already collected over 1 billion public videos.