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Analyst Jukan from Citrini stated on social media that Samsung's current stock performance is lagging behind SK Hynix, seemingly because Samsung's shareholder return plan is either not as generous as initially expected or still carries uncertainty. Against this backdrop, there is a saying circulating in South Korea that Samsung's management is deliberately avoiding bullish statements, involving tax considerations for the company's controlling family member, Chairman Lee Jae-Yong.More specifically, Lee Jae-Yong's mother, Hong Ra-hee, gifted Samsung shares to her son. It has been reported that the gift tax he needs to pay is calculated based on the average closing price during the four-month period around the gift date of November 12, specifically from September 12, 2026, to January 12, 2027. Therefore, the Samsung controlling family has no motivation to drive up the stock price before January of next year.

According to TechCrunch, a hacker claiming to be from the "Department of Peace" has reportedly obtained a large amount of employee data from the Okta single sign-on system used by the Department of Homeland Security (DHS), which was publicly released on Wednesday by the data transparency organization Distributed Denial of Secrets (DDoSecrets) as the "Icepick" dataset. The leaked records exceed 40,000, accounting for about one-fifth of DHS's approximately 220,000 employees, involving names, positions, work emails, phone numbers, and office locations, along with information related to internal system permissions. Among these, approximately 21,000 records belong to Customs and Border Protection (CBP) personnel, while about 10,000 records involve the Immigration and Customs Enforcement (ICE) and its Homeland Security Investigations (HSI), with nearly 1,000 related to the Cybersecurity and Infrastructure Security Agency (CISA).TechCrunch stated that it has verified the authenticity of some of the data, with timestamps indicating that the data was exported around mid-August. The hacker also provided the data to journalist and hacker maia arson crimew, who then forwarded it to DDoSecrets. Okta responded that its systems and data were not breached; a spokesperson for the Department of Homeland Security has not yet responded to requests for comment. The report indicates that this is the third incident of data leakage from the U.S. government that has drawn attention in the past month, following the theft of Federal Bureau of Investigation personnel files and Pentagon personnel data.

P2P cryptocurrency trading platform Peer announced that its beta version now supports users to buy and sell USDC using Alipay in Renminbi. Users can pay sellers in Renminbi to purchase USDC or sell USDC and receive Renminbi through Alipay, with the USDC locked in an on-chain custody contract during the transaction, released after payment verification.Peer stated that since August 21, 45 buyers have completed 107 related orders, with a transaction volume of approximately $7,094. Alipay's official response stated that Alipay does not support virtual currency trading and related services, and claims by third-party platforms that Alipay supports cryptocurrency purchases are false and unauthorized, reminding users to be cautious about their funds and account security.

As the "leader" of the Prince Group of Cambodia, Chen Zhi has been apprehended, prompting various judicial jurisdictions to initiate the disposal of assets related to the Prince Group. Local courts have appointed Joint Provisional Liquidators (JPLs) to investigate and preserve the corresponding assets surrounding the 30 British Virgin Islands (BVI) entities actually controlled by Chen Zhi. The bankruptcy proceedings in the British Virgin Islands are collective in nature, and the eligibility for creditor claims is not determined by nationality or jurisdiction; potential victims from any jurisdiction can file claims, which means that victims of online fraud and gambling from China can also submit claims at some point in the future.It is reported that the liquidation list includes 30 BVI companies, including Prince Global Group Ltd, most of which are actually controlled by Chen Zhi, while only 28 BVI companies are listed on the U.S. Treasury's sanctions list. Furthermore, "the scope of liquidation is not solely determined by sanctions," as two companies not sanctioned but included in the liquidation list, Amber Hill Ventures Limited ("AHV") and Lateral Bridge Global Limited ("LBG"), have been mentioned in U.S. judicial proceedings and are considered entities within the widely associated network of the Prince Group, accused of having no other practical use besides participating in money laundering. The prosecution claims that of the more than 120,000 bitcoins confiscated in the U.S., over 90,000 flowed through AHV, LBG, and another company registered in the Cayman Islands, Future Technology Investment; among them, the chairman and shareholder of AHV is Fan Yang, and the chairman and shareholder of LBG is Minyi Tang, who are referred to in the U.S. indictment as "Co-conspirator 6" and "Co-conspirator 7," respectively. Regarding the claims of victims of online fraud and gambling, a claims filing and distribution process has not yet been established. If a liquidation process is initiated in the future and there are sufficient funds to support distributions to creditors, the liquidators will establish a claims process, adjudicate claims, and make distributions in accordance with the British Virgin Islands bankruptcy law.

On the evening of October 27, Li Liang, Vice President of Douyin Group, responded on Weibo to media person and financial observer Qin Shuo's statement about "the Byte Time of China's Internet," calling it "extremely unrigorous and purely nonsense." Li Liang stated that no company can become the "xx time of China's Internet"; instant messaging has a relatively stable moat due to relationship chains, while short dramas and short videos belong to a fully competitive market with rapidly changing dynamics. He also mentioned that Tencent's growth rate in short dramas and short videos far exceeds that of Douyin and Hongguo, and that instant messaging, gaming, e-commerce, and music occupy a significant amount of user time. He later posted that Qin Shuo's analysis contains several fundamental common sense errors.On the 26th, Qin Shuo published an article on his public account "Qin Shuo's Circle of Friends," citing QuestMobile data from a Nomura Securities report, stating that in July 2026, Douyin surpassed WeChat for the first time among the top 50 apps in China by mobile internet usage time, accounting for 19.4%, while WeChat accounted for 18.8%; the share of Byte's apps was 40.9%, and Tencent's was 29.1%. He questioned whether, despite WeChat's daily active users still exceeding Douyin's, China's Internet is shifting from Tencent time to Byte time, and from WeChat time to "Douyin + Hongguo time." This morning, Qin Shuo posted on social media that in the relevant rankings for August 2026, Byte's share was 41.8% and Tencent's was 28.6%, a difference of 13.2 percentage points. He believes that "Byte time" is a summary of Byte's total usage time share exceeding 40%, which is "a very realistic fact," while emphasizing that the share of user time does not equate to the share of user value.On the same day, Hongguo Short Drama, a platform under ByteDance, issued a statement saying that the claims circulating online about "annual revenue approaching 40 billion yuan" and "this year's revenue reaching 42 to 45 billion yuan" are inaccurate, and that the related comparisons, calculations, and extended interpretations lack factual basis. They stated that most of the current revenue continues to be used for content creator revenue sharing, copyright guarantees, and support for high-quality content. Data from third-party institutions shows that as of July 2026, Hongguo Short Drama had 168 million daily active users, a year-on-year increase of 107%. On October 19, Liu Xing, head of public relations at Doubao, responded to the claim that "over half of the domestic computing power is used to create feel-good dramas," stating that the data is unreliable, and that for Byte, only about 10% of the company's total computing power is used for training and inference of video generation models.

According to Caixin, as the "leader" of the Prince Group in Cambodia, Chen Zhi, has been captured, various judicial jurisdictions have successively initiated the disposal of assets related to the Prince Group.Regarding the 30 entities in the British Virgin Islands (BVI) actually controlled by Chen Zhi, local courts have appointed Joint Provisional Liquidators (JPLs) to investigate and preserve the corresponding assets.

Balancer's official statement indicates that the team, while reviewing the DAO's own assets, also examined the historical asset positions of external users. They have currently identified over $500,000 in related assets and have notified the owners.Balancer pointed out that these assets mainly involve two types of situations that are easily overlooked by asset management dashboards: first, the buffered liquidity shares of Balancer v3 use an internal accounting mechanism within the Vault, which may not be displayed on blockchain explorers or platforms like DeBank; second, there may still be collectible partner rewards in the old v2 liquidity mining contracts, even if users have previously withdrawn their liquidity.

According to The Washington Post, AI cybersecurity startup Cathedral, founded by former members of the U.S. "Department of Government Efficiency" (DOGE), claims that its AI agent breached Anthropic's internal systems in less than 12 hours, obtaining content such as meeting notes, salary and hiring information, and Slack messages. Anthropic confirmed that the intruder accessed parts of its sales, human resources, and IT systems, involving business contact information of clients and partners, as well as some basic user account records, but did not involve Claude user conversations, source code, or model weights.This test was conducted under Anthropic's vulnerability bounty program, with the intrusion achieved through vulnerabilities in third-party commercial software; Anthropic accused Cathedral of not fully disclosing its actions, violating program rules. Cathedral is valued at $1.4 billion and has secured $160 million in funding from a16z, Sequoia Capital, and others.

According to a report from TechCrunch, Elon Musk announced that Grok would release a full-length, "historically accurate" movie version of "The Odyssey" three months later. On October 23, Grok released the first seven minutes of this AI-generated content, calling it "the first episode of our Odyssey series." This version was produced in collaboration with Wonder Studios and director Dev Walker. The Grok Imagine account posted on X, stating that viewers could comment on whether a complete production analysis is needed.The report mentioned that Musk previously criticized Christopher Nolan's version of "The Odyssey" because Nolan cast non-white and transgender actors. Although Nolan's version heavily utilized visual effects, it was still primarily a live-action film, shot across six countries with thousands of cast and crew members. After its release in July, the film achieved impressive box office results, with IMAX screenings sold out for several months, and it is considered a strong contender for the next Academy Awards.The TechCrunch author, after watching, stated that the video was not as bad as expected; some shots could be mistaken for real actors sailing on real seas, but the historical accuracy could not be determined. The author felt that the footage lacked artistry, inspiration, and warmth; the narration was lengthy, the dialogue stiff, and overall it lacked a sense of breath and momentum, making it hard to imagine that viewers would be interested in another seven minutes or even a whole movie.

According to South Korean media Digital Asset, the Second Division of the Seoul Administrative Court held its first hearing on October 22 regarding the administrative lawsuit between Bithumb and the Financial Intelligence Unit of Korea (FIU). The FIU determined that between August 28, 2022, and April 3, 2025, Bithumb conducted 45,772 transactions with 18 unreported cryptocurrency operators, and based on this, imposed sanctions, including a partial suspension that restricts new customers from transferring cryptocurrency assets externally for six months.Bithumb stated in court that transactions of 1 million won or more are subject to the "travel rule," and unreported operators have been excluded from the list of optional exchanges, thus the number of violations for this amount range is zero. Transactions below 1 million won were not subject to the travel rule at that time, and the platform had no legal basis to require customers to provide information about the receiving exchange, nor did the regulatory authorities specify a blocking method. Bithumb also mentioned that after integrating the Chainalysis API, only about 2% of the addresses that could not be confirmed were later identified as unreported operators designated by the FIU. If all were blocked, the remaining 98% of normal transactions would be affected, and the platform could also face user claims.Bithumb also believes that the six-month sanction is excessive, effectively equivalent to prohibiting the platform from acquiring new customers. The company also questioned the FIU's criteria for identifying overseas operators and the reasonableness of the basis for the sanctions.

Recently, Sun Yuchen discussed his personal communication and life strategy role models in a conversation with Jin Ming, stating that he does not simply imitate one person, but is a "hybrid mix" of Elon Musk, Donald Trump, and Warren Buffett.Sun Yuchen mentioned an interesting coincidence that all three are alumni of his alma mater, the University of Pennsylvania. As he integrates the strategies of these three individuals, the outside world has begun to jokingly refer to the emergence of a "fourth giant," namely Sun Yuchen himself. In terms of specific strategy breakdown, he stated that his investment and risk control fully absorb the value investment philosophy that Buffett and Munger emphasize on fundamentals, bringing an old-school playbook into the crypto space, which instead creates a dimensional advantage.In terms of business growth and communication, Sun Yuchen pointed out that Musk compensates for Buffett's shortcomings in technology narratives and expectation-driven approaches, forming a dual drive of fundamentals and high-tech high growth. Regarding personal branding and communication, he mainly draws inspiration from Trump, even admitting that he initially learned spoken English by following Trump's show "The Apprentice."Sun Yuchen also shared an interesting anecdote, stating that there is actually a "mutual disdain law" among these three. For example, when he once suggested to Buffett during dinner that he acquire Tesla during its low point, Buffett declined, as he believed that if a company is too disruptive and full of "surprises," it does not align with his investment style.

Last week, the number of new applications for unemployment benefits in the United States fell to the lowest level in nearly 57 years, with layoffs decreasing and the labor market stabilizing. Data from the U.S. Department of Labor today shows that for the week ending October 17, the preliminary number of applications for unemployment benefits in various states decreased by 6,000, adjusted for seasonal variations, to 194,000. This figure is close to the 189,000 level reached in mid-July, the lowest since 1969.Economists believe that strong domestic demand in the United States has driven profit increases, protecting workers from layoffs. However, as the war between the U.S. and Iran intensifies, tightening financial conditions and rising interest rates may suppress the performance of the labor market next year.

For the week ending October 17, the number of initial unemployment claims in the United States was 194,000, lower than the expected 200,000, and the previous value was 199,000.

Layer-1 blockchain Qubic has restarted the network and initiated the fund recovery process. Previously, attackers exploited a wallet seed vulnerability to transfer approximately 1.4 million USD worth of QU tokens from 1,404 accounts. The network validator Computors has approved the recovery plan, and affected users can submit claims, with a deadline of May 1, 2027.The Qubic block explorer shows that the network resumed processing ticks on October 19 at 20:00, with progress exceeding the previously paused 85,371,949. The vulnerability affects wallet seeds generated by certain Apple devices and browsers. Qubic recommends using version 4.26.4 or above to create new wallets and to transfer funds as soon as possible.

On the afternoon of October 19, the official account of the artificial intelligence company MiniMax released a short video with the caption "Welcome back, Space Bunny." First Financial reported that this move is seen as an official acknowledgment of the anonymous model Space Bunny.Since its launch in late September, the model has topped the daily token usage charts on OpenRouter and OpenCode within three days, alongside DeepSeek V4.1 Flash and GLM 5.3 Flash, occupying the top three positions. It is reported that Space Bunny is an early version of MiniMax M3.1 Flash, and the model is about to be officially released.

Former Mt. Gox CEO Mark Karpelès questioned Ledger Support's previous statements. Ledger customer service had claimed that the secure element could detect physical tampering, and if additional hardware attempted to intercept signals, it would not pass authenticity verification. Karpelès pointed out that Ledger's own documentation states that if the original secure element is intact, authenticity verification cannot detect unauthorized physical modifications such as spy implants, which directly contradicts the customer service claims.Mark Karpelès stated that reports have shown that over $90 million has been stolen due to such "additional hardware" intercepting signals less than two months later, and that Ledger had published photos of spy implants for multiple models in a March 2026 academic article. Given the known threats, assuring users that authenticity verification can detect such modifications may constitute misleading advertising.

The NFT project Bored Ape Yacht Club (BAYC) officially announced the launch of the physical and digital collectible card series Mudwater based on Solana, and has airdropped 6,551 Totems paired with all BAYC and MAYC for claiming card packs. Each BAYC can claim 10 packs, each MAYC can claim 2 packs, each pack contains 10 cards, and there are a total of 10,000 boxes with 24 packs each.The series includes 120 pieces of artwork and features flash cards, numbered cards, and cracked ice rare cards, among which 8 cracked ice cards are 1/1 exclusive cards. The physical cards are printed by Orange Cap Games using their orange core paper.2.5% of each transaction will be used to purchase APE and distributed according to the proportion of collectors holding the Mudwater series. Totems, card packs, and cards are now available for trading on OpenSea, and future support will allow card packs to be upgraded to boxed and case versions.

The Iranian Navy stated that the number of violating oil tankers damaged while attempting to cross the restricted navigation zone of the Strait of Hormuz has increased recently. On the 17th, an oil tanker caught fire and lost its navigational capability in the Gulf of Oman. On the same day, the Iranian Revolutionary Guard reported that two supertankers exploded after hitting mines in the strait, one of which was carrying over 2 million barrels of crude oil.

For the week ending October 10, the number of initial jobless claims in the United States was 199,000, expected to be 200,000, and the previous value was revised from 197,000 to 198,000.