Federal Reserve minutes signal a hawkish stance: Most officials expect another interest rate hike this year, but there is no clear urgency for a move in October.

According to Yu Jing Monitoring, HyperLabs, the development team of Hyperliquid, successfully redeemed 3.75 million HYPE tokens (valued at $332 million) 8 hours ago. Four hours later, after being distributed across five wallets, these funds were finally aggregated to address 0x875...1d1, which is believed to be an institutional entity that purchased the tokens via over-the-counter (OTC) from the team. Of the total, 1.25 million HYPE tokens (worth $110 million) were redeposited into staking, while the remaining 2.5 million HYPE tokens (valued at $220 million) are held in wallets.

According to Yuqing Monitoring, the US government address continued to transfer out 5,382.1 BTC (worth $448 million) to Coinbase Prime between last night and early this morning. Over the 32-hour period from yesterday early morning to the present, the address has transferred out a total of tokens worth $670 million, including: 6,215.7 BTC (worth $520 million), 119 million USDT, and 40,285 BNB (worth $31.63 million). All of the BTC and USDT were deposited into Coinbase Prime.

Overnight to this morning, U.S. consumers’ one-year inflation expectations rose to 3.9%, hitting a more than three-year high, signaling improved labor market confidence. Separately, the minutes of the U.S. Federal Reserve’s September meeting were released, showing all 19 policymakers backed a September rate hike but cited varying rationales; most participants judged another rate increase before the end of the year could be appropriate. In related news, Axios reported that the U.S. Pentagon has ordered U.S. Central Command (CENTCOM) to complete preparations for resuming major military operations against Iran, though Trump has not made a final decision nor set a specific strike date. U.S. and Israeli officials said if the operation is relaunched, it could occur before the U.S. midterm elections on November 3, and even earlier than Israel’s general election on October 27. As a result, the three major U.S. stock indexes pulled back: the Nasdaq ended its five-session winning streak, the S&P 500 fell from record highs, and the Dow Jones Industrial Average dropped more than 1% at one point during trading. For individual stocks, data from BIT (bit.com) shows the semiconductor index and banking index both closed down more than 1%, while Micron rose 4.06% against the trend; Meta fell over 2%, and cybersecurity firm CrowdStrike dropped nearly 5%. Additionally, markets are monitoring the coordinated oil reserve release by multiple countries. Data from Bitget shows crude oil turned negative during trading: Brent crude, after rising 2% intraday, swung to a nearly 1% loss, while U.S. WTI crude settled at a new low in over a month. Gold retreated to a two-month low, dropping more than 2% intraday. In the crypto market, data from HTX shows Bitcoin fell below $83,000 overnight, then found brief support, and is currently trading at $83,234.80.

Vitalik Buterin has issued a warning that AI-driven advances in mathematical research could significantly erode the practical security of lattice-based cryptography systems—including ML-DSA and fully homomorphic encryption (FHE)—over the next two years, and may even bring forward the risk of ECDSA being cracked. He noted that AI could deliver mathematical research progress equivalent to the past 50 years within two years, prompting Ethereum’s Lean roadmap to gradually shift toward pure hash signature schemes over the past year to reduce reliance on lattice cryptography. On asset security, Buterin advised users to prioritize storing funds in addresses that have never initiated transactions when operationally convenient, but cautioned against rushing to migrate assets immediately as the migration process itself carries a risk of fund loss. He also recommended that multi-signature wallets adopt off-chain signature confirmation to avoid public exposure of signature information.

Oracle, Broadcom, and SpaceX are seeking debt agreements for AI chips. Broadcom is working to arrange over $50 billion in funding for chips required by OpenAI. Oracle is in discussions with Apollo and Goldman Sachs over chip financing, aiming to finalize a chip deal by 2026. Recently, the Financial Times reported that SpaceX is seeking $40 billion in financing to purchase Nvidia chips. SpaceX plans to raise around $10 billion in bank loans, plus $30 billion in investment-grade bonds.

U.S. officials said the Pentagon directed U.S. Central Command (CENTCOM) several days ago to prepare for the resumption of large-scale military operations against Iran. The order did not specify an exact strike timeline, and Trump has not made a final decision. However, U.S. and Israeli sources said the strike could occur before the U.S. midterm elections on November 3, or even ahead of Israel’s general election, which is scheduled a week earlier than the U.S. vote. Sources noted that if large-scale operations resume, massive strikes targeting Iran’s energy sector, infrastructure, and nuclear facilities are expected. A Pentagon official revealed that the Defense Department’s role is to develop and submit military plans to the president. A White House official said Trump could take any action at any time. Reports added that if large-scale military operations restart, they would likely be conducted in coordination between the U.S. and Israel, with Israeli forces involved. Two Israeli officials stated that Iran is in a state of desperation and paranoia, which could prompt it to launch a preemptive strike.