Rug Pull: An address lost $24 million in a "rug pull" attack with aEthUSDC

Beating AI News – Two people familiar with the matter told the outlet that AI startup Anthropic is in talks with NVIDIA (NVDA.O) to bring the chipmaker on board as an anchor investor for its initial public offering (IPO). Anthropic’s IPO is expected to be the largest in history, with plans to raise up to $100 billion, which could value the company at roughly $2 trillion. One source added NVIDIA is considering investing up to $100 billion in the offering. They cautioned the plans are still under discussion and subject to change. The report noted that securing a deep-pocketed anchor like NVIDIA will boost investor confidence in the listing, which is emerging as a major test of public markets’ acceptance of the massive valuations and capital needs of leading-edge AI labs.

According to monitoring by EmberCN, the fee wallet of the Pump.fun team transferred 77,706 SOL to Kraken approximately four hours ago, valued at roughly $7.88 million based on the price at that time.

According to monitoring by Onchain Lens, a wallet suspected to belong to qianbaidu.eth previously purchased EMBER for just $8,850, then sold EMBER worth approximately $342,000, generating a realized profit of around $337,900. The wallet currently still holds about 1.86 million EMBER, with an unrealized profit of roughly $16,400 based on current prices. The wallet address is F5MYbjEATQFD6rxwdS2zXzEHBGuUhSGvJkUhLFAcr4hv.

Fed mouthpiece Nick Timiraos wrote in a recent article that investors have largely priced in the Federal Reserve’s first interest rate hike in three years next week, with the bigger question being what comes after. Almost no one within the Fed believes a single 25-basis-point hike would be enough to curb inflation. If the Fed decides to raise rates next week, it would signal a judgment that interest rates were previously set at the wrong level, and one hike alone won’t solve the problem. Since the 1990s, the Fed has only implemented one "one-off" rate hike. Warsh said in July that he doesn’t believe the Fed is good at "fine-tuning". Analysts note that a Fed chair skeptical of fine-tuning is unlikely to declare victory after a single 25-basis-point hike. Warsh added last month there isn’t much evidence that lending conditions are constraining economic activity. If the Fed uses this as a reason to raise rates, markets will naturally ask how high rates need to climb. Without a clear explanation, markets may interpret a single rate hike as the start of larger policy action. As a result, investors this week no longer view the September meeting as an isolated event. Markets now expect at least three total rate hikes by June next year, up from the previous forecast of two.

U.S. stocks closed on Friday: The Dow Jones Industrial Average rose 0.98% in preliminary closing, the S&P 500 gained 0.86%, and the Nasdaq Composite advanced 0.96%. Among individual stocks, Qualcomm (QCOM.O) climbed 2.88%, Intel (INTC.O) rose 2.61%, SpaceX (SPCX.O) gained 2.04%, and Amazon (AMZN.O) advanced 1.94%. On the downside, SanDisk (SNDK.O) fell 3.5%, Oracle (ORCL.N) dropped 1.82%, Micron Technology (MU.O) declined 0.22%, Western Digital (WDC.O) fell 2.98%, and Seagate Technology (STX.O) slid 3.73%. For crypto-themed stocks, MicroStrategy (MSTR) rose 1.87%, CRCL gained 0.31%, Coinbase (COIN) advanced 1.73%, BMNR climbed 3.43%, SBET jumped 5.43%, and PURR surged 5.45%.

Hunter Biden, son of former US President Joe Biden, posted that both Eric Trump and digital artist Beeple have publicly mentioned the LAPTOP token he launched. As part of $LAPTOP’s unique prediction mechanism, 1% of the total token supply has been burned, worth approximately $3.6 million at current prices. The previously announced design of this mechanism ties a portion of the tokens to real-world event outcomes, with tokens either burned or allocated to charity based on prediction results. LAPTOP experienced sharp volatility after its launch, with its price surging before quickly falling back. As of press time, LAPTOP is trading at $0.4142, down 16.99% in 24 hours, and its market cap has dropped to $149 million.