DWF Labs: The market has not yet priced in the convergence of AI and crypto, with DePIN and the future of payments likely to emerge as beneficiary sectors.

Machi(@machibigbrother) generated $1.41B in trading volume on @papertrade_xyz and lost $416K. But he earned 57.6M $PAPER tokens and received $341K in USDC rewards by staking. This brings his total loss down to $74.7K.

SlowMist has issued a security alert warning of a counterfeit "Ledger firmware update" campaign exploiting recent Ledger supply chain incidents to defraud users. The fake website replicates processes including "authenticity verification", device selection, and "Update Now", with a highly realistic interface. The alert advises users not to update their devices via website links, and never to input their recovery phrases anywhere.

Upbit has added HBD and DNT to its transaction warning asset list, and suspended deposit and withdrawal services for the two tokens.

Per Lookonchain monitoring, "Big Brother Maji" (Huang Licheng) executed $1.41 billion in trades on the Papertrade platform, suffering a $416,000 loss. He received 57.6 million PAPER tokens and $341,000 worth of USDC rewards via staking, bringing his total loss down to $74,700.

According to TradingBeats' monitoring, contracts for Micron, SK Hynix, and SanDisk on Hyperliquid have all declined notably from their respective peaks since the late-July rebound. However, their relative strength during that prior rebound phase varied: Micron is currently the most resilient to drops, while SK Hynix has recorded the largest pullback. Micron (MU) has fallen from its October 2 high of $1,114.90 to $923.62, a total pullback of roughly 17.16%—the smallest among the three. SanDisk (SNDK) has dropped from its September 22 high of $1,908 to $1,378.40, a total pullback of around 27.76%, roughly 10.60 percentage points more than Micron. SK Hynix (SKHX) has fallen from its September 10 high of $1,438.40 to $958.73, a total pullback of around 33.35%—the largest among the three, underperforming Micron by approximately 16.19 percentage points. During the earlier rebound period, however, the top performer was SanDisk, which now sits in the middle of the three in terms of pullbacks, while Micron posted the smallest gains. Using the July 31 intraday lows of each asset as the storage sector's trough, SanDisk rallied to a peak of roughly 60.27%, SK Hynix to around 38.73%, and Micron to about 36.14%.

Beating AI News: Google has started rolling out its Universal Cart feature in the United States, allowing users to add products from different merchants into a single shopping cart across Google Search and Gemini. For example, users can add a Steve Madden bag found via Search and an Ulta Beauty lipstick selected in Gemini, with all items saved in the cart for future purchases. The feature was first unveiled at this year’s Google I/O in May and is now officially launching. Integrated with Google’s Shopping Graph, which contains over 60 billion product entries, the cart continuously monitors prices and stock levels. It proactively alerts users when items drop in price or are restocked, and helps locate promo codes. Additionally, it combines credit card cashback, points, and other benefits from Google Wallet to suggest more cost-effective payment methods. It’s important to note that cross-merchant addition to the cart does not mean unified cross-merchant checkout. Items remain grouped by merchant: merchants supporting the Universal Commerce Protocol (UCP) can process payments directly via Google Pay, while other merchants require users to redirect to their respective websites to complete transactions. The first batch of partner merchants includes Nike, Walmart, Target, Sephora, and numerous Shopify sellers. Order confirmation and after-sales services are handled by individual merchants.