The scale of US Treasury repurchase operations was lower than expected, and Bessent downplayed market concerns.

Beating AI News Flash: Discovery Loop, founded by former Google Chief Scientist Jeff Dean after leaving Google, is in talks for a new round of financing. Business Insider, citing people familiar with the matter, reported that the company is seeking a valuation of around $50 billion. Just a few weeks ago, it was in talks for a $10 billion funding round at a $10 billion valuation. The latest deal has not been finalized, and the company has not confirmed it. Discovery Loop was founded only in early August. All four founders are from Google; besides Dean, they include Sanjay Ghemawat, Quoc Le, and Oriol Vinyals. It aims to use AI to automate the entire workflow of "proposing experiments, running them, reviewing results, and iterating", with the ability to run thousands of experiments in parallel at once. Its first step will be to test this on machine learning research itself, before expanding to scientific and engineering problems such as pharmaceuticals and semiconductors. Currently, its official website mainly outlines the technical roadmap and recruitment, with no official product launched yet. Alphabet, Google’s parent company, is both Discovery Loop’s founding investor and cloud partner; Radical Ventures, Khosla Ventures, and others have also participated in its financing. The company was established just over a month ago, has no public product yet, but its valuation target has jumped from $10 billion to $50 billion—investors are currently betting heavily on this founding team.

According to GMGN market data, the new meme coin ANTHROPIG in the Robinhood ecosystem briefly surpassed $4 million in market capitalization, and has now fallen back to $2.92 million. ANTHROPIG’s core narrative centers on the theme of “Anthropic pig / pigified Anthropic”, directly capitalizing on the hype around Long.xyz’s upcoming or already supported Anthropic tokenized 1x long position (ANTHROPICx1L). Trading is paired via the Long.xyz platform with ANTHROPICx1L (Anthropic 1x Long tokenized position). Long.xyz is a launchpad that creates meme coins using Robinhood’s on-chain stock tokens (or similar exposures) as liquidity pools, packaging leveraged long positions provided by Lighter into ERC-20 tokens. Anthropic currently has high IPO expectations, but as an unlisted company, traditional markets do not offer direct long access. On-chain, such tokenized long positions paired with meme coins provide speculative exposure — an upgraded version of the earlier play where stock tokens like NVDA were paired with meme coins. BlockBeats reminds users that related token prices are highly volatile and carry significant uncertainty, so users should exercise caution when investing. In a prior report, crypto KOL @StandartXBT analyzed the code of Long.xyz’s factory (the Robinhood on-chain crypto-stock meme coin issuance platform) and made a viral claim that the platform may support tokenized 1x long position liquidity pools for OpenAI and Anthropic, with related tokens backed by Lighter.

Blockstream released a statement regarding the recent Bitcoin theft on its Liquid Network, stating it will not pay a ransom to recover stolen funds and rejects framing the unauthorized asset transfer as a "white hat disclosure". The company said it has engaged in good-faith communications with relevant parties to retrieve users' stolen funds, but will not accept the ransom demands put forward, nor set a precedent requiring open-source software developers to pay large ransoms. Blockstream added it remains willing to resolve the issue through responsible means; if the stolen Bitcoin cannot be returned, it will collaborate with law enforcement, exchanges, service providers and blockchain forensics experts to track and recover the assets while investigating those responsible. The company emphasized that Bitcoin transactions are publicly traceable, so relevant fund flows and on-chain evidence will not disappear. It stated: "We will not pay a ransom to return stolen assets, nor will we abandon our users." Prior to this, Blockstream had issued a security alert on the incident, warning that fraudsters impersonating Liquid and Blockstream are exploiting the situation to trick users into transferring funds or providing mnemonic phrases, and stressing that the official team will never ask users to send funds to so-called "recovery addresses".

Beating AI News Flash: DeepSeek is conducting a gray-scale test of its voice conversation feature. Test participants will notice a small speaker button in the upper right corner of the app. Additionally, a "Reading Voice Timbre" option will appear in DeepSeek's settings page, allowing users to select from four distinct voice timbres.

According to monitoring by Onchain Lens, whale Loracle partially closed its HYPE short positions and sold spot holdings, realizing an approximate loss of $3.92 million. It currently holds 191,940 HYPE short positions valued at around $15.33 million, with an additional unrealized loss of $4.97 million. Data shows Loracle has accumulated a loss of roughly $16.41 million over the past 30 days, and a total historical loss of about $28.58 million. Its wallet address is 0x8def9f50456c6c4e37fa5d3d57f108ed23992dae.

Binance’s Bitcoin reserves have climbed to 693,000 coins, hitting a two-year high, an increase of roughly 77,000 since the end of April, and accounting for about 30% of total Bitcoin reserves across major trading platforms. As reserves surge, Bitcoin is facing strong supply pressure near the $83,000 to $85,000 range. Rising BTC balances on trading platforms mean more Bitcoin is available for immediate trading or sale in the market, though this does not equate to an imminent sell-off of these holdings. The market is also closely monitoring downside support levels. If BTC fails to hold the $75,000 level, selling pressure risks could escalate further; if it breaks through $85,000 with significant volume, it would signal that market demand is capable of absorbing the new liquidity on trading platforms.