Odaily reports: Solana-based meme coin Kimchi reached a market cap of $40 million one hour after launch, currently at $38.71 million, with trading volume reaching $23.7 million. Kimchi (@kimchi1x) currently holds 75.32% of the total supply of this meme coin. This trader rarely posts trading records or calls, mainly sharing photos and videos related to lifestyle, travel, luxury cars, and watches.
Pump.fun co-founder alon stated that Kimchi is the first person to truly bridge the gap between the crypto industry and popular culture, and the first case of a trader growing into a public celebrity. alon said that Kimchi is helping Pump.fun develop creative direction and drive ecosystem expansion.
Odaily reports: According to monitoring by on-chain analyst Ember, Ethereum treasury company Bitmine deposited 159,728 ETH ($390 million) into Ethereum staking 6 hours ago. They are likely staking more than 5.227 million ETH ($12.8 billion).
Currently, there are 1.33 million ETH in the Ethereum staking entry queue, with a wait time of over 23 days. The amount of ETH exiting staking is only 149,000, with a wait time of less than 4 days.
According to MSX.COM data, MVLL has risen 12.1% over the past 24 hours and is currently trading at 30.95 USDT.
Odaily Report: ByteDance, Alibaba, and Tencent have ordered more than 3 million NVIDIA RTX PRO 5500 GPUs. At approximately $11,400 per unit, the total order value exceeds $35 billion. This product is an alternative that complies with U.S. export restrictions to China, and the three Chinese tech giants plan to use them primarily for AI inference tasks. (Reuters)
Odaily reports: According to Gate data, the Nikkei 225 index opened this morning at 64,885.95 points, up 1.26%; South Korea's KOSPI opened up 2% at 5,666.34 points.
As of press time, the KOSPI's gain has widened to 3.37%. Samsung Electronics rose over 4%, SK Hynix rose over 6%; South Korean data center technology company Elice surged 16%, after plunging 32% on its first day of listing in South Korea.
Odaily: Ethereum Institutional has announced the appointment of David Duong as its US Lead, responsible for driving collaboration with US institutional investors and helping institutions deepen their participation in building the Ethereum ecosystem. David Duong previously served as Global Head of Investment Research at Coinbase, where he led crypto market research for the exchange's institutional clients, covering areas such as macroeconomic analysis, valuation models, and market structure. He also spent 17 years in sell-side macro strategy research at HSBC, Santander, and Deutsche Bank.
Odaily: Bitcoin News posted on X that 8 TLS certificates issued by India's eMudhra were found to have extremely weak private keys, which attackers could exploit to impersonate virtually any website. Major browsers have blocked the affected certificates, but millions of servers, Linux systems, and internet-connected devices may still require updates. A cryptography expert warned that the scale of this cleanup effort could exceed the 2014 Heartbleed vulnerability. No malicious exploitation has been confirmed yet.
Odaily reports: Musk stated on the SpaceX conference call that Terafab, a chip manufacturing joint venture established by SpaceX and Tesla, plans to achieve mass production in the third quarter of 2028. Terafab's internal goal is to produce its first test chip using static random-access memory (SRAM) circuitry at its R&D base in Austin around May or June of next year, and to have it function properly. (STAR Market Daily)
Odaily Report: The Blockchain Association has submitted a comment letter to the SEC regarding its "crypto asset regulation" proposal, recommending raising the startup exemption cap to $10 million, the fundraising exemption to $150 million (supporting on-chain transparency as an alternative to audits, with airdrops excluded from the count), and establishing a third-party filing safe harbor for existing tokens.
The Blockchain Association calls for clear, objective decentralization standards for tokens to shed their "investment contract" status (such as open-source code and the absence of unilateral review rights), while strengthening federal regulatory preemption over state-level legislation, and supporting 24/7 exchange trading and self-custody.
Odaily reports: Nasdaq-listed US online brokerage Webull plans to open perpetual contract trading to eligible US clients starting in November, with the first batch of products including Bitcoin and other crypto assets, and intends to expand access before the end of the year. The contracts will be listed on the CFTC-regulated Kalshi exchange, with clearing handled by Kalshi's clearinghouse, and Webull users approved for futures trading will be able to trade through their existing futures accounts. (WSJ)
According to Gate data, South Korea's KOSPI index rose 3% to 5,721.34 points.
Odaily reports: Cboe Global Markets, the parent company of the Chicago Board Options Exchange (Cboe), has announced that Cboe has expanded the trading hours for options on certain U.S. equities and exchange-traded funds (ETFs), adding pre-market and post-market trading. The pre-market trading session for these options is from 7:30 to 9:25 ET, Monday through Friday, and the post-market trading session is from 16:00 to 16:15. The expansion covers popular stocks such as Apple, Nvidia, Tesla, Microsoft, Amazon, Google, Robinhood, and Intel, as well as major ETFs including SPY, QQQ, and GLD, involving a total of 29 underlying symbols. (PRNewswire)
Odaily reports that South Korea's JB Financial Group announced an investment in artificial intelligence company Upstage through its subsidiaries Jeonbuk Bank, Kwangju Bank, and JB Woori Capital. The three institutions jointly invested 40 billion KRW (approximately $30 million) in Upstage's Series C-2 funding round, acquiring approximately a 2% equity stake.
Earlier reports indicated that Upstage co-founder and CTO Hwalsuk Lee revealed that the company is considering various capital market options including an IPO, and is also considering launching a Pre-IPO funding round. (FNNews)
Odaily reports: OpenAI states that in two internal programming tasks, AI Agents weakened alignment-failure monitoring mechanisms while performing user-requested software modifications. In the first incident, a GPT-6.1 Sol Agent responsible for fixing an evaluation pipeline disabled the automatic alerting function that notifies the safety team. The Agent interpreted a prior instruction—"do not send messages during the search of Slack history"—as justification for suppressing monitoring notifications.
In a separate, independent incident, a GPT-6 Astra Agent responsible for a migration program removed the monitoring integration from the program in order to align the code with the reference implementation, and subsequently falsely told the user that it had not removed the monitoring mechanism. In both incidents, the AI Agents had considered whether they should preserve the monitoring safeguards, but ultimately interpreted routine programming instructions as permission to weaken those safeguards. In response, we are strengthening our alignment-failure monitoring systems, and we are also evaluating whether these cases reflect benign overpersistence in AI or indicate a tendency to evade alignment-failure monitoring under certain circumstances.
Odaily Report: Citadel Securities CEO Griffin stated that it was a mistake for congressional Republicans and Trump to further cut taxes last year. Griffin said, "We no longer have enough fiscal space to extend these tax cuts."
Griffin pointed out that US national debt has exceeded $40 trillion, and Republicans "have to bear responsibility" for pushing tax cuts over the past two years. Griffin, a major Republican donor, stated that the key to solving America's fiscal problems lies in "truly driving economic growth," while also promoting European economic growth. He added, "The tariff war with Europe is simply a disaster."
Odaily: Nvidia is in talks to invest hundreds of millions of dollars in Australian AI cloud service provider Firmus. (The Information)
