A whale has earned a total profit of $29.75 million across 15 trades on Hyperliquid, and opened an additional long position of 24,000 ETH, with an unrealized profit of $2.6 million.

According to official announcements, Bybit co-founder and CEO Ben Zhou will deliver a global keynote speech titled "Make Your Move" at 15:00 Beijing time today, with only 10 minutes remaining until the start of the event. The speech will center on four core themes: financial evolution, new financial platforms, Bybit AI, and the exchange’s next-stage development roadmap. It will focus on exploring the integration of cryptocurrency and traditional financial markets, as well as Bybit’s strategies in product innovation, global expansion, security, and compliance. Official sources revealed that exclusive previews of upcoming products and future plans will be unveiled during the speech. Additionally, audiences can engage in interactive activities including live stream keyword giveaways, a keynote-linked Q&A session, and a best clip contest, with a total prize pool of up to 5,000 USDT. The Q&A session will close on October 15, while the best clip contest deadline is October 20.

Ledger’s security team has released the latest investigation progress into the hardware implant incident, confirming that unauthorized hardware implants were found in some Ledger hardware wallets sold by Southeast Asian dealer CryptoBilis. The implant, located inside the device casing, can read screen display content, intercept the 24-word mnemonic phrase during user initialization, and exfiltrate data via LTE network using a built-in microcontroller paired with an eSIM. This component operates independently, does not modify the Secure Element or Ledger operating system, and does not interfere with transaction signing. As of now, all confirmed losses from the fund theft incident disclosed on October 9 are tied to devices from CryptoBilis’ sales channel; no related cases have been verified from other channels to date. CryptoBilis has suspended sales of Ledger products, and the investigation is ongoing. Ledger noted that the total number of affected users and total loss amounts have not been confirmed, and figures circulating online are unauthenticated by the official. The company advises users who purchased devices from CryptoBilis and have not initialized them to refrain from setting them up; users who have already set up their devices should immediately transfer their assets to a new device and generate a new mnemonic phrase, and must not restore the mnemonic phrase on the affected device. Affected users should contact Ledger’s official support channels and report the incident to local law enforcement. Ledger stresses that products from its official channels and direct sales are unaffected, reminding users to only purchase through authorized channels and to be vigilant against any requests for mnemonic phrases.

According to Bitget market data, Southern’s Double Long SK Hynix declined 20.43%, while its Double Long Samsung Electronics fell 15.47%.

London-listed crypto financial firm Tap Global Group (AIM: TAP) announced today it has completed its first Ethereum purchase under its Digital Asset Income Strategy (DAIS). The firm bought 50 ETH at an average price of roughly $2,497 per token, totaling ￡94,437.86, a nearly 50% discount from Ethereum’s all-time high of around $4,950. Tap Global stated that the ETH has been deployed via its proprietary yield product Tap Earn to generate returns, continuing its "buy and put to work immediately" model used after earlier purchases of Bitcoin and Solana. DAIS reserves currently include 3 BTC, 500 SOL, and 50 ETH, with a total cost of approximately ￡329,700 plus around $279,000 in stablecoins.

According to monitoring by Onchain Lens, a Bitcoin whale deposited 138 million USDC into Binance. The whale currently holds 200 million USDC and 61.68 million USDT, with a combined value of approximately $262 million.

Beating AI Express (Dongcha) reports: Artificial Analysis has launched the FrontierCode 1.1 programming benchmark, which primarily assesses whether AI-generated code meets the merge standards of open-source project maintainers. Claude Opus 5.5 took first place with a 52.2% overall score, though only 58% of its attempts passed all mandatory checks—meaning over 40% failed to meet requirements. The benchmark was developed by Cognition in partnership with maintainers from 36 open-source projects, with each task refined for more than 40 hours. It goes beyond checking if code runs: it requires new tests to identify issues in existing code, forbids modifying unrelated files, and ensures no disruption to original functionality. Artificial Analysis selected 100 of the most challenging private tasks, had all models use the same Agent framework, and ran each task three times. No tested model successfully completed 9 of these tasks. Cost gaps are even wider than score differences: GPT-6.1 Sol scored 49.1%, just 3.1 percentage points lower than Opus 5.5, but its average per-task cost was only $0.81, compared to $10.15 for Opus 5.5—an over 12x difference. Xiaomi’s MiMo-V2.6-Pro led open-source models with a 45% score and a per-task cost of just $0.18; DeepSeek V4.1 Flash and Kimi K3 both scored 44%. A key caveat: The 52.2% overall score is not the actual pull request (PR) merge rate. The benchmark uses automated checks and reviews by the GPT-6 Luna model, not line-by-line reviews by human maintainers. All models used a unified Agent framework, so this ranking cannot directly reflect the real-world performance of each vendor’s official programming tools.