According to Gate data, SK Hynix's decline has widened to over 12%, with its stock price hitting a new low since April 27.

Odaily News: As newly added production capacity gradually comes online, the global memory chip market may face oversupply in 2029, and the current industry boom cycle faces the risk of reversal.

The column argues that South Korea has only about 2 to 3 years to cultivate new economic growth industries in order to reduce its dependence on the memory chip industry and cope with a possible cyclical downturn in the future.

Odaily report: According to Gate data, South Korea's KOSPI index plunged 9.00% intraday, currently at 5,467.66 points.

Odaily News: According to Lookonchain monitoring, Abraxas Capital's two hedge accounts (0x5b5...C060, 0xb83...6e36) have accumulated profits exceeding $331 million on Hyperliquid and currently hold over $1.45 billion in short positions.

Odaily News: At noon on October 15, CK Hutchison Group issued a statement regarding market rumors of "Li Ka-shing's death." The statement said that in response to media today republishing a mainland self-media outlet's false claim that Hong Kong's Ta Kung Pao reported the death of Li Ka-shing, senior advisor to CK Hutchison Group, "the Group hereby solemnly declares that 'there is absolutely no such matter.'" It also strongly condemned the relevant self-media outlet for fabricating fake news. (Yicai)

1. Arthur Hayes: Next cycle will focus more on established DeFi projects with cash flow;

2. Trader Qwerty announces temporary departure from crypto, has emptied all public wallets;

3. Bonk Guy questions bearish logic on Robinhood ecosystem: next market cycle is worth looking forward to;

4. Papertrade's revenue rose to $42.33 million over the past 7 days, far surpassing Pump and Hyperliquid;

5. Michael Saylor: AI may destroy the value of enterprises that rely on human labor and talent, capital will shift to real estate, gold, and Bitcoin;

6. Data: RWA perpetual contract open interest rises to $9 billion, accounting for 14% of total across mainstream platforms;

7. Arthur Hayes: An AI crash could trigger trillions of dollars in bailouts, bullish for BTC and ETH;

8. Tether once paid over $6 million to a company linked to a former White House crypto advisor, raising conflict-of-interest concerns;

9. Analyst: Anthropic's Q3 results may help its IPO, but will have minimal impact on AI trading;

10. a16z cuts most of its portfolio recruiting team, remaining staff to be reassigned to crypto and other divisions.

Odaily News: According to SoSoValue data, yesterday (October 14, US Eastern Time), Ethereum spot ETFs recorded total net outflows of $130 million.

The Ethereum spot ETF with the largest single-day net outflow yesterday was BlackRock's ETF ETHA, with a single-day net outflow of $110 million. ETHA's historical total net inflow now stands at $12.608 billion.

Next was Grayscale Ethereum Mini Trust ETF ETH, with a single-day net outflow of $18.758 million. ETH's historical total net inflow now stands at $2.007 billion.

As of press time, the total net asset value of Ethereum spot ETFs is $15.202 billion, the ETF net asset ratio (market value as a proportion of Ethereum's total market value) has reached 5.15%, and cumulative historical net inflows have reached $13.070 billion.

Odaily News  According to SoSoValue data, yesterday (October 14, US Eastern Time), Bitcoin spot ETFs recorded total net outflows of $261 million.

The Bitcoin spot ETF with the highest single-day net inflows yesterday was Bitwise ETF BITB, with single-day net inflows of $2.2154 million. BITB's total historical net inflows now stand at $2.048 billion.

The Bitcoin spot ETF with the highest single-day net outflows yesterday was Fidelity ETF FBTC, with single-day net outflows of $153 million. FBTC's total historical net inflows now stand at $10.466 billion.

As of press time, the total net asset value of Bitcoin spot ETFs stands at $104.828 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.38%, and cumulative historical net inflows totaling $56.956 billion.

Odaily reports — The Australian Securities and Investments Commission (ASIC) has launched public consultation on proposed capital, custody and trading requirements for crypto platforms, with the rules aimed at complementing digital asset legislation passed in April to expand oversight of the industry.

The proposals include three capital models, restrictions on platforms conducting proprietary trading, and quarterly reporting of wallets holding client assets. ASIC also proposes allowing offshore custody and is seeking feedback on safeguards in the event that an overseas parent company or affiliate fails.

One of the models would require platforms that do not adopt qualifying third-party custody arrangements to hold at least A$14 million (about US$9.7 million) in net tangible assets, or 10% of average revenue, whichever is higher. Feedback is due by November 27, and ASIC plans to publish final standards and guidance in March 2027.

The related law will take effect on April 8, 2027, and operators must apply for a license by October 7 of the same year, while being allowed to continue operating during ASIC's review of their applications. (Cointelegraph)

Odaily News: The DeepDeek client has now fully resumed service. Earlier today at around 8 AM, multiple users reported on social media that they encountered "server temporarily unavailable" or "server busy, please try again later" messages while using DeepSeek.

Odaily reports that Gate Founder and CEO Dr. Han will be invited to participate in a CoinMarketCap (CMC) live AMA on October 15 at 21:00 (UTC+8). Under the theme "One Gate, Everything Money," he will introduce how Gate Money connects crypto assets, stocks, gold, and bank accounts through a single App, and explain Gate's thinking behind its expansion into comprehensive financial services, exploring an integrated experience for asset holding, trading, and payments.

This session will also focus on Gate's positioning in traditional financial assets such as stocks and ETFs, analyzing the differences between physical stocks, tokenized stocks, and stock perpetual contracts, as well as the application opportunities for stablecoins and asset tokenization in cross-border payments, on-chain settlement, and other scenarios. As the connection between digital assets and traditional finance grows increasingly close, Dr. Han will draw on Gate's product practices to share the development direction of integrating multi-asset management with everyday financial services.

Odaily reports: According to on-chain analyst Ai Yi's monitoring, a whale that made a $1.08 million profit a month ago by buying low and selling high on ETH has once again opened a position worth $14.22 million in ETH. Two hours ago, two addresses suspected to belong to the same whale withdrew 6,010 ETH from Binance, at an average withdrawal price of $2,367. One of the addresses had opened a position at $1,874 between July 31 and August 14 of this year, and is suspected to have exited at $2,405, with a return rate of 28.33%.

PPP prediction market tool monitoring shows that in the Polymarket prediction event "Will the Fed keep rates unchanged in October?", an account (0x086934317f099d0279493b3f73a954ee896114f1) with cumulative profits exceeding $57,000 purchased $61,200 on the Fed keeping rates unchanged in October, with an average entry price of 79.3¢ and a purchase of 82,169.6 shares.

According to the settlement rules, the prediction result is based on the FOMC meeting statement from October 27 to 28, and will be settled according to the actual adjustment magnitude of the upper limit of the federal funds target rate range. If the adjustment magnitude is not among the existing options, it will be rounded up to the nearest 25 basis points; if the relevant statement has not been released by the end of the next scheduled meeting, the event will be settled as "unchanged."

Join the PPP signal push community to stay one step ahead and seize the initiative.

Odaily reports that Bitget has launched a perpetual stock contract for FASTRETAILING (Fast Retailing). The contract is settled in USDT and supports up to 20x leverage with 24/7 trading. As of now, Bitget supports a total of 356 stock contract underlying assets.

Odaily: Arthur Hayes posted on X platform stating that whether AI will ultimately crash remains uncertain, but rather than predicting the AI market, he prefers to trade the potentially multi-trillion dollar bailout that may occur in the future, and expressed going long on BTC and ETH.

According to market data, PUFFER surged over 150% in 15 minutes, now trading at 0.069 USDT.

On the news front, Upbit will list the PUFFER/KRW trading pair.