BlockBeats news, on October 17, Lily Liu, Chairwoman of the Solana Foundation, posted on the X platform stating, "The first Capital Markets Summit was held in Shanghai, China, on Thursday. There, we gathered hundreds of asset allocators and builders from China and around the world to jointly explore capital formation around innovation." Lily Liu also stated that the market capitalization of domestic listed companies in China is only 1/6 that of New York companies with equivalent profitability,

BlockBeats news, on October 17, crypto podcaster Andy (@andyyy) posted a preview stating that a major AI product/feature will be launched in the coming days, aimed at institutional-level on-chain asset management and embedded with risk strategies; it is said that this product has already conducted pilots with several funds and asset management institutions. Andy previously accurately predicted the SEC crypto exemption policy rollout one week in advance.

BlockBeats news, on October 17, the "AI Stock God" Leopold's fund Situational Awareness will disclose its third-quarter stock holdings on November 16. The fund reportedly achieved a 439% return in the first half of this year, mainly betting on SanDisk (SNDK) and Micron (MU), and used about 4x leverage. However, the sharp decline in AI concept stocks in July caused its portfolio to drop about 67% in a single month. Subsequently, the fund sold most of its public stock holdings, a significant porti

BlockBeats news, on October 17, Tesla's new generation Roadster was unveiled yesterday. During the demonstration, the Roadster used SpaceX cold air propulsion and an underbody suction system to perform stunts such as inverted climbing, aerial flips, and jumping over cars, accelerating from 0 to 60 mph in less than 1 second, attracting widespread attention. OpenAI CEO Sam Altman immediately posted on X to congratulate: "The new Roadster looks pretty stunning, well done Musk." As longtime public

BlockBeats news, on October 17, Musk stated that the government efficiency department (DOGE) reform experiment he once led ultimately ended in failure, proving that "it is simply impossible for us to solve the fiscal deficit problem from within the government." Musk said: "The only way to solve the US national debt problem is to rely on artificial intelligence and robots." He added: "We cannot solve this problem by tightening our belts." Musk's statement effectively acknowledged that the DOGE re

BlockBeats news, on October 17, the STRK contract on Hyperliquid was temporarily reported at $0.0665, down about 13% from the previous day's reference price. Two whale addresses holding STRK long positions experienced significant unrealized losses and forced liquidation losses. The largest STRK long address 0xd978…2fd9 holds about 64.2 million STRK long positions, with a position value of approximately $4.25 million, using 5x full margin leverage, currently with an unrealized loss of about $1.0

BlockBeats news, on October 17, according to the official incident report from UNCX Network, on October 14, attackers exploited a set of public vesting operations in Smart Token Vesting V2 to create inconsistencies between the token balance in the pool and the recorded shares, allowing controlled positions to withdraw excess tokens. The attack affected four networks: Ethereum, BNB Chain, Base, and Robinhood, involving 10 types of tokens and a total of 11 confirmed withdrawal transactions. The v

BlockBeats news, on October 17, Arthur Hayes stated in a recent interview with The Rollup that he is disappointed with the overall performance of altcoins in recent years, noting that most new projects are overvalued and have hidden risks. He emphasized that his current fund strategy is to accumulate more Bitcoin through trading altcoins, rather than making trading itself the goal. Arthur Hayes also shared his altcoin selection logic: 1. Specifically looking for "busted charts": tokens that hav

BlockBeats news, on October 17, CryptoQuant founder Ki Young Ju posted that the team behind TRUMP made profits of $779 million to $1.16 billion from holders, while buyers suffered a 97% loss.