Odaily Report: NVIDIA CEO Jensen Huang stated that if frontier AI labs cannot ensure AI safety, they must shut down the relevant labs and halt experiments.

Regarding concerns that frontier AI models from companies such as OpenAI, Anthropic, Meta, and Google could be "jailbroken" to perform physical actions, Huang stated that if AI experiments produce uncontrollable agents, the relevant labs could face civil and criminal liability and must bear the consequences. He believes the current discussion should focus on whether AI experiments are controllable, rather than generalized anxiety about frontier AI. (The New York Times)

Odaily reports that JPMorgan believes Bitcoin briefly rose above its average production cost of roughly $85,000 during this week's rebound; if it can stay above that level, it would ease cash flow pressure on miners and reduce the risk of forced selling. As of press time, Bitcoin has pulled back to around $84,600, having previously remained below that cost line for about 280 consecutive days.

The analyst team led by Nikolaos Panigirtzoglou noted that production cost is closer to a "soft floor" for Bitcoin rather than an absolute price support. The bank said Bitcoin's total network hashrate has dropped about 19% from its October peak last year, and mining difficulty has fallen about 15%. Some listed mining companies are reallocating resources to longer-term AI contracts with more stable revenue. Bitcoin's continued rise after the U.S. Senate failed to advance the CLARITY Act is also consistent with the view that short covering is driving the rebound.

Odaily reports that on-chain analyst Yu Jin has monitored that the $464 million risk protection fund Bitget claims can cover stolen assets is a total of 5,500 BTC, distributed across 3 wallet addresses.

According to Lookonchain monitoring, Metalpha (0x2d2...E3A) withdrew 11,179 ETH worth $30.12 million from Binance 1 hour ago.

Odaily reports: Multicoin Capital has published an article stating that bringing RWAs on-chain not only expands the scale of underlying assets but also further amplifies on-chain economic activity through financial demands such as spot trading, buybacks, hedging, and structured products.

Multicoin believes that the related value will be distributed across the entire DeFi tech stack, with L1/L2 benefiting from continuous financial state updates, core protocols such as exchanges, lending, interest rates, and options capturing fees, and DeFi-native prime brokers gaining value through cross-protocol collateral integration and trade execution.

Furthermore, as institutional block trades increase, privacy transactions and cross-margin will become key infrastructure. Solutions such as Renegade, Silhouette, and Zama are exploring ways to conceal trading intent, while cross-margin can reduce capital occupation through cross-asset netting.

Odaily reports that according to Lookonchain monitoring, an address transferred out 4,500 BTC, worth $381 million, after being inactive for more than 4 years.

Odaily News: According to on-chain analyst Yu Jin's monitoring, 15 minutes ago, a whale transferred 541,000 HYPE to Kraken, worth $49.54 million. This batch of HYPE was withdrawn from Coinbase Prime half a month ago at an average price of $73.9; this time it was transferred to Kraken at a price of $91.5, with an expected profit of $9.52 million.

Odaily News: According to LookonChain monitoring, the breakdown of assets stolen from Bitget is as follows:

102.93 million XRP (approximately $157.48 million);

31,890 ETH (valued at $85.75 million);

34.75 million USDT (approximately $34.75 million);

21.05 million USDC ($21.05 million);

19.67 million USD₮0 ($19.67 million);

3,000 XAUt (equivalent to $12.82 million);

12,719 BNB (valued at $9.88 million);

821,012 AVAX (valued at $8.38 million);

20.59 million $TRX (approximately $7.07 million).

Odaily reports that Flap posted on X platform that wPOPMTx Pop Mart has now launched on Flap, becoming the first unlocked Hong Kong stock trading pair. Since xStocks are rebasing tokens and natively incompatible with DeFi protocols, this trading pair uses a wrapped version to support trading and DeFi integration.

According to Gate data, the USD/JPY (USDJPY) briefly pulled back to 158.5, currently at 158.486, with a 24-hour gain of 0.4%.

Odaily reports that according to GMGN market data, Backpack briefly broke above $1.26, setting a new all-time high, and is now trading at $1.27, up over 47% intraday.

Odaily reports that according to Gate data, WTI crude oil fell 2.00% intraday, now at $91.94 per barrel. Brent crude oil is currently down about 1.8%, at $98.9 per barrel.

Odaily reports: On-chain analyst Specter has stated that they have established an on-chain connection between the Bitget attack and the AFX attack that occurred in July of this year. The latter involved approximately $24 million in stolen funds and was attributed to TraderTraitor.

Specter claims that the XRP stolen from Bitget can be directly traced to the stolen funds from the AFX attack after being bridged across chains, leading them to believe that this attack may be related to Lazarus Group. The attribution is still pending further verification.

1. Bitget: Some hot wallets experienced abnormal transfers, initially involving approximately $351.6 million;

2. Bonk Guy: The Q4 market may have just begun—don't sell high-conviction holdings due to short-term weakness;

3. Tom Lee: This crypto bull market may be larger in scale than previous cycles;

4. Bonk Guy responds to market manipulation allegations: PONS and USELESS market caps have yet to break $1 billion, no intention to sell for now;

5. SEC Commissioner: Zero-knowledge proofs can verify user eligibility without disclosing personal information;

6. Market news: New York State sues Polymarket, alleging it operates an illegal gambling business;

7. Grayscale: SEC "innovation exemption" could drive real tokenized US equities into the US regulated system;

8. Data: FOMO generated $320,000 in fees over 7 days, ranking second on Hyperliquid Builder behind Phantom;

9. Specter: A MetaMask Swap router contract address has been blacklisted by Tether since 2021;

10. AI company Island completes $400 million Series F funding round led by Evolution Equity Partners;

11. Stablecoin infrastructure company HIFI completes $37 million Series A funding round led by Left Lane Capital.

Odaily News: A wallet (0x6436) associated with Hyperliquid Strategies Inc bought 494,200 HYPE over the past 16 hours, worth $45.8 million. Over the past month, this wallet has accumulated 5.51 million HYPE, worth $476 million, with an average daily purchase of 183,600 HYPE, worth $15.86 million.

According to Odaily Meme Express monitoring, COLLECT on Solana is generating significant community discussion, with a current market cap of $1.88 million.

GoCollect combines RWA collectibles with offline treasure-hunting gameplay, placing virtual treasure chests that can be opened via mobile phones at locations such as city sidewalks and parks. Some chests contain real graded sports cards and collectibles from Collector Crypt.

"Meme Express" is an exclusive AI model by Odaily that screens potential community-trending targets. The content is based on publicly available information and does not constitute investment advice. Please exercise your own judgment and be aware of the high volatility risks associated with meme coins.