Wells Fargo raises Meta Platforms' price target from $796 to $1,000

According to Bloomberg News, cryptocurrency exchange OKX has closed a new round of financing at a $25 billion valuation, with existing partners and hedge fund Qube Research & Technologies participating in the round. OKX said Circle Internet Group, Ripple, and SC Ventures, the investment arm of Standard Chartered, all took part in this financing round. OKX declined to disclose the exact amount raised, but noted that this round is an extension of its financing in March this year. Back then, Intercontinental Exchange (ICE), parent company of the New York Stock Exchange, invested roughly $200 million in OKX at the same $25 billion valuation.

Beating AI Insight News: OpenAI’s Product and Platform Lead Thibault Sottiaux has released the first-day update of the company’s 28-day product sprint. The default generation speed of GPT-6 Astra and GPT-6.1 Sol has been optimized, with the official reporting an overall improvement of roughly 50%. This speed upgrade covers not only Codex and ChatGPT Work, but also third-party products that access ChatGPT subscription quotas via "Sign in with ChatGPT"—including OpenCode, Pi, Amp, and Devin. No user settings need to be adjusted; the update will be automatically deployed. OpenAI previously pledged that over the coming 28 days, it would either deliver a daily update bringing tangible improvements for most Codex/Work users, or directly reset user quotas. This speed boost marks the Day 1 milestone of that initiative.

According to HTX market data, OKB briefly broke through the $140 mark, currently trading at $139.11, with a 9.41% gain in the past 24 hours.

According to official website data, Binance has updated its October Proof of Reserves, with reserve ratios standing at 100.35% for BTC, 103.88% for USDT, 100.00% for ETH, and 100.47% for BNB. Compared to its September reserve report, the number of BTC held by Binance exchange users increased by 6,217.116 units from September, equivalent to approximately $536.7 million. Meanwhile, the number of ETH held by users decreased by 183,602.205 units over the same period, worth around $498.6 million.

According to HTX market data, NMR has surged past $17, currently trading at $17.6 with a 47.87% increase in the last five minutes.

According to YuEjin Monitoring, a crypto whale redeemed 3,659 ETH (worth roughly $9.93 million) that had been staked on Ethereum for one year, then transferred 5,513 ETH (valued at approximately $14.97 million) to Kraken 10 minutes ago.