The NBA’s official Instagram account was hacked early this morning, and the attacker posted information about a suspicious token.

According to HTX market data, Bitcoin has rebounded to break through the $81,000 level, with its 24-hour decline narrowing to 2.89%.

Dongcha Beating AI News Flash: Elon Musk recently stated at an X Takeover event that he has experienced roughly six instances of so-called "AI psychosis" over the past year, adding that his immersion in AI may be "quite severe." What most shocked him was that AI began showing an understanding of aesthetics and taste. Musk said he found it hard to believe when he noticed AI seemed capable of judging what is beautiful and what constitutes good taste. This reaction stems more from the cognitive shock of AI capabilities exceeding expectations rather than a formal medical diagnosis. "AI psychosis" is not a medical term with a unified clinical definition. On one hand, it is used to describe the risk that AI interactions may reinforce users’ unrealistic perceptions; on the other, it has gradually become a popular meme in Silicon Valley’s tech circle, used to tease practitioners’ extreme optimistic expectations driven by the rapid advancement of AI capabilities.

BlackRock CEO Larry Fink said in an interview with CNBC on Wednesday that the U.S. would enter a recession if it imposes some form of moratorium on data center construction. He pointed out that current U.S. economic growth is highly dependent on capital expenditure related to data centers, and restricting such construction would not only hit the stock market, but also impact multiple industrial sectors including construction workers, energy infrastructure, and AI computing hardware. Fink argued that some concerns over data centers' environmental impact and energy costs are rooted in "misinformation", stressing that "data centers are not the problem". According to Moody's estimates, U.S. data center capital expenditure planned for this year is around $700 billion, with cumulative spending projected to reach $2.4 trillion to $2.48 trillion by 2030, while global related spending could hit $7 trillion at that time. Fink also warned that U.S. national debt has surged from $8 trillion in 2000 to $40 trillion in 2026, and the government's expanding borrowing needs are exerting significant pressure on credit markets, with Treasury auction sizes also growing. He called for unlocking more private capital to help the U.S. economy achieve 3% growth.

According to TradingBeats, after the release of the U.S. September CPI data, the Loracle address (starting with 0xefe4) posted a single-day profit and loss (PnL) of approximately $4.72 million, an increase of about $3.76 million compared to the nearest snapshot taken before the CPI announcement. Meanwhile, all six U.S. stock contract short positions held by this address—SNDK, NVDA, ORCL, CRWV, MU, and PLTR—are in profit, with a total position value of roughly $48.28 million and an unrealized gain of around $4.55 million. In September, the total unrealized loss on the three U.S. stock short positions (SNDK, MU, and NVDA) held by the address stood at approximately $7.23 million. Currently, both the SNDK and NVDA short positions have turned to unrealized profit, while the loss on the MU short position has narrowed significantly. The address currently holds the following U.S. stock perpetual contract short positions: - SNDK: ~15,800 shares, position value ~$21.28 million - NVDA: ~88,500 shares, position value ~$19.41 million - MU: ~10,400 shares, position value ~$9.13 million - ORCL: ~41,900 shares, position value ~$5.39 million - PLTR: ~23,000 shares, position value ~$4.56 million - CRWV: ~34,300 shares, position value ~$2.19 million

According to TradingBeats monitoring, a whale address starting with 0x007d opened a 3,000 ETH long position 4 hours ago, using 25x full leverage. Its average entry price is approximately $2,400, with the current position value at around $7.05 million, an unrealized loss of about $150,000, and a position return of roughly -53%. ETH on Hyperliquid is currently trading at approximately $2,349, down roughly 2.1% from the address's average entry price.

The Financial Times reported that U.S. policy uncertainty, tariff risks, and the precedent of frozen overseas sovereign assets are prompting some central banks to re-evaluate the locations of their gold reserves, with London emerging as one of the beneficiaries. New York still dominates gold futures and derivatives trading, but London’s advantages in physical gold storage, over-the-counter (OTC) trading, and central bank reserve management have become more prominent. The Netherlands’ central bank moved around 86 tons of gold from the U.S. and Canada to London between March and August this year, lifting London’s share in its total gold reserves of 612.4 tons from 18.1% to 32.1%. The Dutch central bank said the move aims to improve the tradability and accessibility of its gold in the event of severe crises. Data from the London Bullion Market Association (LBMA) shows that as of the end of September 2026, commercial vaults in London and the Bank of England’s vaults held a total of 9,821 tons of gold, up 1.96% month-on-month, worth about $1.3 trillion. London’s mature OTC system allows gold lending, swaps, and trading without physically moving bullion, boosting the liquidity of physical gold. The freezing of Russia’s overseas sovereign assets after the Russia-Ukraine conflict has also made countries pay more attention to the jurisdiction of reserve assets and their availability in extreme cases. However, there are currently no signs that central banks are fully withdrawing from the U.S. gold custody system. Asian financial hubs such as Singapore and Hong Kong are also accelerating the construction of gold storage and trading infrastructure, and the global gold market is taking shape with New York leading derivatives, London focusing on physical gold, and Asia accelerating its development.