A crypto whale spent nearly $1 million to buy Artificial Inu (AI) at its peak, and is now facing an unrealized loss of $600,000.

At the Singapore OKX NOW Summit, OKX showcased its AI ecosystem, which includes products such as Agent Trade Kit, OnchainOS, Agentic Wallet, OKX AI, and the AI Builder Program. This ecosystem enables agents to progress from market analysis to trade execution, while expanding use cases like on-chain asset management, service transactions, and developer monetization. The event also featured a demo of an upcoming AI Bot that allows users to create personalized trading strategies via natural language. This ecosystem connects the exchange, on-chain infrastructure, wallets, and agent service markets, enabling AI to manage assets and execute trades under user authorization, while supporting users in subscribing to professional agent services and developers in converting their strategies and knowledge into revenue.

According to foreign media reports, the Bank of Japan (BOJ) is likely to release a key policy signal this month: Japan’s core inflation has roughly hit the 2% price stability target. If this assessment is formally included in the latest economic and price outlook, it will mark a further shift in the BOJ’s evaluation of inflation sustainability and provide a basis for continued interest rate hikes in the coming months. Reuters cited three sources familiar with the BOJ’s thinking as reporting that a series of recently released data has boosted the central bank’s policymakers’ confidence, leading them to believe that core inflation—excluding one-off factors and reflecting broader demand and wage changes—has now roughly reached 2%. Markets currently widely view December as a key window for the next interest rate hike. If the BOJ confirms that core inflation has reached around 2%, it will further strengthen market expectations that Japan is entering a sustained phase of policy normalization.

At the Singapore OKX NOW Summit, the OKX Web3 team showcased the latest progress of its products, including OKX Wallet, DEX trading terminals, and DeFi solutions. According to the team, X Layer, the underlying network of the OKX Web3 ecosystem, has seen sustained growth: its DeFi TVL has surged roughly 11 times this year and hit an all-time high in September. ExchangeOS has encapsulated capabilities such as order matching, risk control, margin, and settlement into modular components. Going forward, via the X Layer Improvement Proposal (XIP-Exchange OS), developers will be able to gradually access shared trading infrastructure and liquidity, enabling faster creation of on-chain markets. The on-chain spot and perpetual markets built on ExchangeOS are set to launch a public test soon.

Israeli Defense Minister Katz released a statement on the same day, asserting that intelligence shows the Palestinian Islamic Resistance Movement (Hamas) intends to launch an attack on the 7th, which marks the third anniversary of the outbreak of the latest round of the Israel-Palestine conflict. He has ordered the Israel Defense Forces (IDF) to fully elevate its alert status. Katz emphasized in an official statement that the IDF must prepare for the worst-case scenario, and "in addition to the ongoing robust operations, it should also take decisive action against any intelligence or warnings to thwart all threats." Katz also threatened that if Israeli troops in the Gaza Strip sustain any casualties, Hamas and local residents in Gaza will pay an "unusually heavy price." (CCTV)

Analyst Axel Adler Jr. noted that Bitcoin’s long-term holders (LTHs) have reduced their positions for seven consecutive weeks, yet Bitcoin’s price has continued to rise, indicating current market demand is still able to absorb this new supply. Data shows the LTH position change indicator turned negative on August 17 and has remained so since. On September 28, the metric fell to -73,400 BTC, compared to just -1,100 BTC one week prior. However, the current scale of sell-offs remains significantly smaller than the peak of -1.07 million BTC recorded in November 2025. Meanwhile, the LTH Spent Output Profit Ratio (SOPR) has been above 1 for two consecutive weeks, hitting 1.18 on September 28, meaning recently transferred Bitcoin held by long-term holders has generated an average profit of around 18% relative to their cost basis. Adler Jr. stated that long-term holders are currently primarily taking profits amid the price rally, and the real cause for concern is a further expansion of sell-offs paired with Bitcoin’s price halting its rise or even turning downward.

Circle’s Layer 1 (L1) network Arc has open-sourced a USDC lending demo application built on its Borrow Kit. The demo covers the full end-to-end workflow: market discovery, loan size calculation, depositing cirBTC as collateral, borrowing USDC, monitoring loan health, repayment, and liquidation. The company stated developers do not need to write custom smart contracts or maintain direct integrations with lending protocols.