News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
Share link:In this post: The ECB has paused rate cuts after inflation hit the 2% target. Olli Rehn said there’s no need for more cuts unless new risks appear. Joachim Nagel believes policy should stay unchanged unless conditions shift.
Share link:In this post: Vitalik Buterin argues FOCIL will make Ethereum more neutral and censorship-resistant. However, Reflexer Labs warns that FOCIL could be a big problem for Ethereum as the current system is still working. Debate on censorship resistance continues with crypto attorney Gabriel Shapiro saying FOCIL might be worth the risk.
Share link:In this post: Databricks is acquiring Tecton to boost its real-time AI agent tools. Tecton was last valued at $900M and has around 90 employees. The deal follows Databricks’ $100B valuation term sheet signed this week.
Share link:In this post: The U.S. government, under Trump, will invest $8.9 billion for a 9.9% stake in Intel, aiming to boost domestic chip production and make the government Intel’s largest shareholder. Despite the funding, analysts warn Intel’s contract chipmaking (14A and 18A processes) won’t be viable without major external clients and improved manufacturing yields. The deal, which includes discounted shares and no board seat, reflects a rare federal intervention in corporate ownership.
Share link:In this post: With long public wait times for therapy, many individuals, including teens, are turning to AI-powered chatbots for emotional support. These tools offer constant availability and simulate human interaction, but they are not trained professionals. Mental health professionals caution that AI tools lack empathy, accountability, and the ability to respond to crises like suicidal ideation.
Share link:In this post: A blockchain startup behind the Xai gaming network is suing Elon Musk’s xAI for allegedly copying its name and causing brand confusion. The company claims users, media, and even AI bots mistook its platform for Musk’s venture after xAI announced gaming plans. The startup is asking a federal court to block xAI from using similar branding and to award financial damages.
- 18:24This week, the net inflow into US spot Bitcoin ETFs reached $3.236 billion.BlockBeats News, October 4th, according to monitoring by Farside Investors, this week the net inflow of US Bitcoin spot ETFs reached 3.236 billions USD. All five trading days recorded net inflows, with a weekly peak of 985 millions USD net inflow achieved on Friday.
- 18:23VanEck: Institutional Accumulation of ETH Poses Dilution Risk for Unstaked HoldersBlockBeats News, on October 4, VanEck published an article stating that Ethereum's Fusaka upgrade in December will make it easier for Layer 2 blockchains to scale by reducing the data burden on validators. This will make Layer 2 blockchains easier to scale. Against this backdrop, Fusaka enhances Ethereum's appeal by lowering L2 costs and strengthening its central position in the scaling ecosystem, and it is expected that the ecosystem will attract more institutional adoption. In addition, VanEck analysts also warned that holders of unstaked ETH face dilution risks, as institutional participants—from ETFs to crypto treasury companies—continue to accumulate ETH positions and stake them for yield.
- 18:23Trend Research under Yilihua deposited 5,083.3 ETH to a certain exchange in the past 15 minutesBlockBeats News, on October 4, according to on-chain analyst Ai Aunt (@ai_9684xtpa), Trend Research has cumulatively transferred 58,796 ETH to CEXs since October, with a total value as high as $256 millions. In the past 15 minutes, 5,083.3 ETH (approximately $22.83 millions) was withdrawn from Aave and subsequently fully deposited into a certain exchange.