Meta is developing a search engine that crawls the web to provide answers to conversations about current events to users using the Meta AI chatbot. The company is trying to keep up with OpenAI in artificial intelligence development. In doing so, Meta hopes to reduce its reliance on Google Search and Microsoft's Bing, which currently provide news, sports and stock information to users using Meta AI, according to a person who has spoken with the search engine team. It may also give Meta a backup option if Google or Microsoft withdraw from those arrangements, according to a person involved in the strategy.

The Bank for International Settlements (BIS) is discussing whether to shut down a pilot cross-border payments platform, mBridge, after Russian President Vladimir Putin cast the underlying technology as a tool to circumvent sanctions and potentially undermine the dollar’s dominance in the global financial system.

Cardano founder Charles Hoskinson changed his stance on Bitcoin and announced that Cardano L1 will transform into Bitcoin L2.

The total market value of Solana’s liquidity staking tokens has exceeded US$5 billion and is currently approximately US$5.29 billion, a record high.

Compound founder Robert Leshner withdrew 500,000 EIGEN from FalconX 4 hours ago, worth $1.44 million.

At the current price of Bitcoin at $71,004.4, MicroStrategy's Bitcoin holdings have a floating profit of over $8 billion. According to previous news, as of September 19, 2024, MicroStrategy holds a total of 252,220 Bitcoins, with a total purchase cost of approximately $9.9 billion and an average price of approximately $39,266.

The X account of Andy Ayrey, the founder of AI robot project Truth Terminal, was hacked, and he posted that he would launch a new token IB.

One hour ago, a whale withdrew 570 BTC ($39.84 million) from Binance. In the past 5 days, the whale has withdrawn 2,150 BTC ($147 million) from Binance and currently holds 5,073 BTC ($354.5 million).

Tether CEO Paolo Ardoino said the company respects international sanctions and works closely with law enforcement, but acknowledged that it ultimately answers to U.S. authorities. "If the United States wants to kill us, they can kill us anywhere with the click of a button," Ardoino said. "We are not going to fight the United States."

In his latest article, BitMEX co-founder Arthur Hayes said that China's stimulus measures will inject trillions of dollars into financial markets and drive up cryptocurrencies. For those who believe that the market will immediately see future trends and push up Bitcoin prices accordingly, Hayes said these expectations may be disappointed. He pointed out that both the quantitative easing policy of the People's Bank of China and the re-acceleration of bank credit growth will take time to achieve their effects. In the initial stages of the policy, Chinese savers tend to buy domestic stocks and apartments that are undervalued by the market. But Hayes believes that given enough time, the long-term impact of these policies will be obvious.

Venture capital firm Sequoia Capital, which owns 16% of stablecoin platform Bridge, stands to receive more than $100 million from Stripe’s $1.1 billion acquisition of Bridge. People familiar with the matter said Sequoia invested $19 million in Bridge’s Series A round last year.

Ethereum co-founder Vitalik Buterin published "The Future of Ethereum Protocol Part 6: The Splurge". The key goals are as follows: 1. Make EVM reach a high-performance and stable "endgame state"; 2. Introduce account abstraction in the protocol so that all users can benefit from safer and more convenient accounts; 3. Optimize transaction fee economics, improve scalability, and reduce risks; 4. Explore advanced encryption technologies that can make Ethereum better in the long run.

Bitcoin's market share briefly hit 59.92% at around 03:35 this morning, a new high since March 31, 2021. Currently, Bitcoin's market share is 59.53%.

50 minutes ago, Vitalik Buterin transferred 100 ETH to each of the four addresses, worth $1.027 million, including the UHF fund, which should be Vitalik's donation to some organizations/institutions.

The application period for the ME Foundation's test token TestME is from 02:00 on October 30 to 08:00 on November 1, Beijing time. Residents of the United Kingdom and the United States are not eligible to participate in the application. Each eligible wallet can only receive TestME once. All eligible wallets will receive the same fixed number of tokens. There is no need to keep them after receiving TestME.