market shows that the Meme coin "Binance Life" briefly broke through $0.19, now reported at $0.1425, with a market value exceeding $140 million. The market is fluctuating greatly, please manage risks.

 Standard Chartered Bank estimates that stablecoins may attract $1 trillion in funds from emerging market banks in the next three years.

Mary Daly, President of the Federal Reserve Bank of San Francisco, recently stated that the potential artificial intelligence (AI) bubble in the stock market may not threaten overall financial stability. Daly emphasized: "We should be wary of the idea that all bubbles are financial bubbles, and there is currently little evidence to suggest that the AI bubble belongs to this category." She pointed out that from a research and economic perspective, investments in the field of AI are more like a "beneficial bubble" - even if investors do not receive all the returns expected by early enthusiasts, they can still leave behind productive results rather than nothing. Specifically, Daly gave three reasons: first, the AI capital expenditure boom is driven by financially sound large companies, not a wave of high-risk startups, which does not pose a threat to financial stability; second, even if investors' enthusiasm is too high, it can still help the development of this transformative technology, similar to how the internet bubble burst but left behind internet technology; third, AI, like the iPhone, has transformative power, unleashing unknown opportunities and increasing overall economic productivity. 

according to Lookonchain monitoring, an address (0x8844) spent 5 BNB (about $5756) two days ago to purchase 11.15 million Meme coins "Binance Life", which are now worth over $1.6 million.

 according to CoinGecko data, BNB's market value has risen to $178.35 billion, surpassing XRP ($178.22 billion) to rise to third place in the global cryptocurrency market value.

Jeffrey Jaensubhakij, former Group Chief Investment Officer of the Singapore government investment company (GIC), said that if risk assets such as US stocks collapse, the Federal Reserve may take quantitative easing (QE) measures. Jaensubhakij said, "If they are indeed in a bubble state, and they break - will the Federal Reserve really implement an index-level enhanced version of quantitative easing? I think the likelihood of this happening is high," which will provide a cushion for commodities. "In the coming months, the market will increasingly realize that significant volatility is on the horizon, as such a state cannot be sustained," he said. Jaensubhakij stated that investors need to consider whether they can achieve the same return from artificial intelligence bets as capital expenditures increase, and how to finance these expenditures. More broadly, he warned that rate cuts are "providing nutrients to the market."

according to sources cited by The Wall Street Journal, Intercontinental Exchange, the parent company of the New York Stock Exchange, is close to reaching an agreement to invest $2 billion in Polymarket. This investment is expected to value Polymarket between $8 billion and $10 billion.

 according to the official page, Binance Alpha has launched KLINK.

Hyperscale Data, a company listed on NYSE American under the New York Stock Exchange, announced that it will expand its Bitcoin treasury allocation to $41 million, including the current holdings and funds allocated to committed Bitcoin purchases. Currently, its wholly-owned subsidiary Sentinum holds a total of 90.6144 Bitcoins (including 64.9118 Bitcoins acquired on the open market and approximately 25.7026 Bitcoins obtained from its Bitcoin mining business), and also allocates $29.8 million in cash for purchasing Bitcoins on the open market.

the 2025 Nobel Prize in Physics was announced at around 5:45 pm Beijing time on October 7th. American scientists John Clarke, Michel H. Devoret, and John M. Martinis were awarded for their "discovery of macroscopic quantum tunneling and energy quantization in circuits." Among them, the Google team led by John Martinis announced the achievement of "quantum supremacy" in 2019, developing the "Sycamore" quantum processor. It is worth noting that members of the Google DeepMind team had already won the Nobel Prize in 2024. John Martinis is currently no longer with Google. The individual prize money for the 2025 Nobel Prize is 11 million Swedish Krona, the same as in 2024, equivalent to 8.34526 million RMB.