DashTape

Daily

Desk brief

2026-09-29 · 6 high-impact headlines

BTC$82,980.86Bitcoin−0.96%ETH$2,663.44Ethereum+0.12%USDT$0.9998Tether0.00%BNB$756.92Binance Coin−2.38%XRP$1.47XRP−2.23%USDC$1.00USD Coin+0.03%

Market cap

−0.58%

73

Greed

Headlines

Flash

  1. NEAR Co-founder: Decentralization does not mean lack of organization; the crypto industry should proactively curb criminal activities.BlockBeats news, September 29: NEAR Protocol co-founder Illia Polosukhin posted that the crypto industry is facing a choice: either become more mature, or risk being marginalized under a lack of targeted regulation. He believes that claiming decentralized systems cannot take action is not consistent with the facts, "decentralization does not equal disorganization." Illia stated that although banks use AI to identify fraud, their systems are highly centralized and rely on KYC, and KYC has not solved the real problem. The crypto industry has richer data and talent and can build systems that do not rely on KYC while effectively curbing criminal activity and safeguarding the freedom of normal users. He believes that through industry collaboration, criminal activity in the crypto space can be gradually eliminated; compared with the market size that promotes the migration of overall economic activity on-chain, the market size corresponding to criminal activity is much smaller.
  2. NEAR Intents: Over $50 million in Bitget hacker-related transfers intercepted, $503,000 actually frozenBlockBeats news, September 29: Alex Shevchenko, General Manager of cross-chain protocol NEAR Intents, stated that its SHIELD system has identified and intercepted over $50 million in transfer attempts related to the Bitget attacker, with the funds subsequently redirected to other service providers. The system actually froze approximately $503,000 during transaction execution, but about $166,000 in suspected stolen funds still completed transfers through NEAR Intents. Shevchenko stated that a significant portion of the $387.5 million in assets stolen by the Bitget attacker was transferred to Ethereum via cross-chain methods. NEAR Intents will forgo the 5% bounty offered by Bitget for freezing the attacker's funds, as well as the additional 5% bounty for recovering the funds, allowing more funds to be returned to Bitget. The frozen assets will be returned through appropriate legal procedures. Shevchenko believes that a permissionless system does not mean it must remain neutral, and protocol developers still need to decide what behaviors the system allows. He stated: "Refusing to help launder stolen assets is one of the choices we have made." He also said that property rights are the foundation of a functioning market, and the crypto industry cannot demand recognition of digital property rights while building infrastructure that facilitates the monetization of stolen assets. This statement comes as THORChain faces scrutiny for processing Bitget attacker funds. THORChain stated that its protocol is designed not to censor; the previous network suspension was an emergency security mechanism affecting the entire protocol, not a selective freeze targeting specific funds or a single transaction. Additionally, Circle and Tether have previously blacklisted a wallet associated with the Bitget attacker, freezing approximately $318,000 in USDT and USDC.
  3. 'The Big Short' Michael Burry Accelerates Bet on AI Crash: Bubble May Burst Sooner Than ExpectedBlockBeats news, September 29 — According to CNBC, Michael Burry, the real-life figure behind "The Big Short," is moving up his timeline for an AI market reversal and converting some of his direct short positions in Micron Technology, Nebius, Palantir, and the iShares Semiconductor ETF (SOXX) into put options to gain higher leverage at lower cost. In his latest investment newsletter, Burry said: "Fundamentally, I am moving up my timeline and therefore want to increase leverage on my short positions. When the timing is clearer, using leverage is also more acceptable. Nothing embodies leverage better than options, and with volatility indicators like the VIX currently extremely low, put options are relatively cheap." He said part of the adjustment was motivated by reducing tax burden, but the main reason was his view that "the AI bubble may burst sooner rather than later." His current major position adjustments include: · Replacing his Micron Technology short position with put options expiring next June at a strike price in the $500 range; · Replacing his Nebius short position with put options expiring next June at a strike price in the double-digit range; · Replacing his SOXX short position with put options expiring in September 2027 at a strike price in the low $400s; · Rolling over and expanding his existing Palantir short and put option positions, centered on put options expiring in September 2027 at a strike price in the low $100s. Citing research from Ares Management, he noted that the current AI investment boom depends on companies continuously expanding capital expenditures and on AI revenue that has yet to be fully validated. If AI revenue falls short of expectations supporting related capital spending for even a single quarter, some company boards could reallocate funds to other high-certainty projects, and existing legal agreements also provide room for such adjustments. Beyond AI commercial returns, Burry also continues to bet against the memory chip cycle. Citing Acer CEO Jason Chen, he said that as China's memory chip capacity continues to increase, the industry cannot sustain a supply shortage over the long term, and the memory market will ultimately return to cyclical fluctuations. Burry has been consistently bearish on tech stocks this year, saying in May that the current market resembled the final months before the dot-com bubble burst from 1999 to 2000. However, U.S. stocks subsequently continued to hit new highs, with the Nasdaq Composite setting a record last week; Micron and Palantir are currently about 16% and 10% below their all-time highs, respectively.
  4. Strategy transferred out 3,568 BTC over the past 9 hours, worth approximately $297 million.BlockBeats news, September 29, according to Lookonchain monitoring, in the past 9 hours, Strategy has transferred out 3,568 BTC, worth approximately $297 million.
  5. AMD acquires World Labs for $8.2 billion, Fei-Fei Li to serve as AMD's Chief ScientistBlockBeats news, September 29 — According to Reuters, AMD announced it will acquire AI startup World Labs, founded by AI scientist Fei-Fei Li, in an all-stock deal valued at $8.2 billion, expected to close by the end of 2026. After the deal closes, Fei-Fei Li will join AMD as executive vice president and chief scientist, reporting directly to CEO Lisa Su. World Labs primarily develops "world models," AI software capable of generating, reconstructing, and understanding 3D environments, enabling AI applications to operate in the physical world. The related technology can be used in areas such as robot training, scientific discovery, and factory equipment. The company was founded in 2024 and currently has about 70 employees, including the robotics expert team that joined after its acquisition of robotics software startup SceniX in July of this year. Lisa Su said AMD hopes to gain Fei-Fei Li's research team, AI models, and industry insights through the acquisition of World Labs, and combine them with AMD's hardware, software, and systems capabilities to help the company plan future hardware products. She said: "The deeper your understanding of end-to-end systems, the better systems you can build." AMD also plans in the future to provide customers with open-source and proprietary AI models. Fei-Fei Li said that as World Labs expands in scale and ambition, the company's demand for computing power is also growing; merging with AMD can accelerate the cycle of coordinated software and hardware development. The acquisition will also expand AMD's products and services for data center customers, enabling it to provide more of the components needed to build and operate AI infrastructure. AMD is currently Nvidia's main challenger in the AI accelerator market, but its market share still lags significantly. Nvidia recently agreed to acquire AI startup Hugging Face for about $13 billion. Driven by expectations of growing AI spending, AMD's stock price has nearly tripled this year, and the company's valuation is about $1 trillion; Nvidia's market value exceeds $5 trillion.
  6. Ethereum ecosystem meme coin ZC's market cap briefly surpassed $17 million, surging over 20 times within the day.BlockBeats news, September 29, according to GMGN market data, the market value of Ethereum ecosystem Meme coin ZC (zipcoin) briefly surpassed $17 million, with an intraday increase of over 20 times, currently reported at $12.05 million. The narrative of ZC (zipcoin) comes from the fictional currency in Ethereum co-founder Vitalik Buterin's novel "Snowmoon." It is designed as an on-chain currency with "anonymous payments, burning to make sounds, and real-time taxation," attempting to bring the concept from the novel into real blockchain implementation. BlockBeats reminds users that Meme coins mostly lack practical use cases, and prices are highly volatile, so investment requires caution.
  7. "Bull Run" single coin unrealized profit nears $1 million, smart money suspected of liquidating; if sold, profit would exceed $885,000.BlockBeats news, September 29, according to on-chain analyst Aunt Ai (@ai_9684xtpa) monitoring, address 0x248…A6990 bought 10.26 million "Niu Lai" tokens on August 17 at an average price of $0.02892, with a total cost of approximately $296,700. After holding for 44 days, the address transferred all tokens to Binance 1 hour ago, currently worth about $1.181 million, seemingly preparing to sell. If sold at the current price, the address is expected to profit about $885,000. This position previously had an unrealized gain of about $1.365 million.
  8. Manus founder: Actively preparing a version for the Chinese market, product always positioned as a general AI agentManus has officially launched version 2.0. This upgrade is not a simple iteration, but a comprehensive upgrade centered on "what the next generation of Manus should look like." Core upgrades include: the self-developed Agent framework Cascade, the desktop application upgraded to Manus Studio, and the launch of the new standalone application Cue. In response, Manus founder Xiao Hong posted that when Manus was born, Codex and Claude Cowork had not yet appeared on the market, and its product positioning has always been as a "general-purpose intelligent agent." He compared Manus to "the business of selling computers": users may buy a computer mainly for work, but if the computer cannot watch videos or run games, its user experience will also be rather limited, so Manus should not be confined only to office tasks. In terms of creative capabilities, Xiao Hong believes that video and games are important scenarios for unleashing creativity, and they also need to be refined through the local client Manus Studio. He introduced that the videos related to Cue were entirely produced through Manus Studio, without using video generation models; instead, the agent first writes code, and then the code is converted into video. With cloud computer capabilities, Manus can also create multiplayer games that support users and friends participating together. On the infrastructure side, the Manus cloud computer can provide cloud-based Linux, Mac, and Windows environments. Xiao Hong said that his favorite part is that when the agent performs computer operations in the cloud, it no longer competes with users for the mouse cursor on local devices. He predicts that in the near future, individuals will be able to control large-scale computing clusters to satisfy their own curiosity and conduct experiments and exploration in fields such as mathematics and science. As for Cue, Xiao Hong described it as an entity with an independent mobile phone number, email, payment capability, computer, and sufficient intelligence. He proposed that if such agents can be regarded as "people," more changes may emerge in their upper-layer interaction forms, such as establishing groups jointly participated in by multiple users and bots. Xiao Hong said that overseas open ecosystems make it relatively easy to build a good product experience, and Manus is currently actively preparing a domestic version. He also said that he originally thought Manus's journey might only become a footnote in the industry's development, but now it may have the opportunity to participate in writing a complete chapter.