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Tuesday, 10/27/2026

Micron Technology Taiwan signs a labor agreement, increasing annual salary on the production line to over 2 million

Micron Technology, a memory manufacturer, recently signed a labor agreement with the Taichung Labor Union. Reports cite the Ministry of Economic Affairs explaining that over 80% of personnel will see salary adjustments of nearly 2.7 times, with production line staff's annual salary increasing from 630,000 to over 2 million.The Ministry of Economic Affairs also stated that the annual salary for entry-level engineers will rise from 1.45 million to 4 million, while mid-to-senior level engineers will see their salaries increase from over 2 million to 6 million. The union successfully negotiated an increase in the employer's contribution rate for labor retirement to 10%, which is above the industry standard; the day shift allowance for frontline production line staff has been adjusted from 1,500 to 4,500, tripling the original amount.

Intel agrees to acquire the startup Classiq to build a full-stack quantum business

According to Zhitong Finance, Intel has agreed to acquire the Israeli quantum computing startup Classiq Technologies, with the transaction price undisclosed and expected to be completed in the first half of 2027. Classiq's clients include BMW and AT&T, and its technology helps clients write code that can be tested and run on any type of quantum hardware.This acquisition will enhance Intel's research and development capabilities in quantum hardware and make its products easier to deploy on quantum computers. Intel CEO Pat Gelsinger stated that partnering with Classiq will transform Intel's quantum computing division into a full-stack quantum computing enterprise. Classiq has raised over $200 million in funding and has approximately 130 employees, and after the acquisition, it will continue to help clients develop code that can run on various types of quantum hardware, including competitors' hardware. Intel has been committed for over a decade to transforming its silicon-based manufacturing advantages into a position in quantum computing, focusing on spin qubit technology.

China's artificial intelligence stocks have significantly declined, with the STAR50 dropping 40% in the past four months

Reuters reported on October 26 that amid fluctuations in global tech stocks, Chinese artificial intelligence and semiconductor-related stocks have already declined. The STAR50 index, dominated by mainland artificial intelligence and semiconductor leaders, has dropped 40% in less than four months, with a market value evaporating by about $480 billion. The CSI 300 index has fallen about 20% from its June peak, interrupting nearly two years of gains. Beijing fund manager Dong Baozhen said: The stock market has evolved into a speculative frenzy bull market, and now the bubble is bursting. Traders noted that the decline does not have a clear single trigger factor; high prices, tax bills, and the possibility of the U.S. or other countries banning Chinese equipment from entering data centers have all had an impact. During the same period, the Nasdaq has retreated 6% from its record high three weeks ago.Goldman Sachs stated that AI stocks account for 42% of China's market value and 57% of the trading volume of mainland A-shares and Hong Kong H-shares. When the robotics company Yushu went public, retail investors oversubscribed by about 8,000 times, and since trading began in August, its stock price has fallen by about half; chip company Changxin Storage has dropped more than a quarter in the past month. Mu Xi Integrated Circuit and Moore Threads saw their stock prices rise by about 700% and 400% respectively on their first day of trading last year, but have also fallen by about half since July. Optical module companies Zhongji Xuchuang and Guangxun Technology have dropped about 60% from their June and July peaks, partly due to the U.S. moving towards banning these companies from supplying to U.S. data centers. Hainan investor Chen Wensheng said: He bought Yushu because he felt official support and that there were state-owned background funds investing, but he is currently suffering losses with friends.The STAR50 is currently still about 100 times its past earnings, having fallen from a high of nearly 250 times, with investors comparing it to the Nasdaq 100's price-to-earnings ratio of about 30 times. Hong Hao, Managing Director and Chief Investment Officer of Lotus Asset Management in Hong Kong, said: The current situation will cause many companies trying to go public to pause. Leo Wang, a partner at Beijing Qianchuang Capital, said: Overemphasizing the market capitalization weight of tech companies in major indices will create serious bubbles in certain industries and siphon off funds from other sectors. Wang Zhuo, a partner at Shanghai Zhuozhu Investment Management, said: Chip manufacturers and AI suppliers will ultimately fall into price wars like other Chinese manufacturers. HSBC Research stated that Asian funds have generally been selling over the past three months but are still overweight in China; Goldman Sachs' updated recommendation list this month includes Zhongji Xuchuang and Changxin Storage. The China Securities Regulatory Commission did not immediately respond to Reuters' inquiries; Chairman Wu Qing met with market participants earlier this month to hear suggestions for improving the capital market.

Grayscale: Zcash tenth anniversary, 20% block reward funding for development

Asset management company Grayscale reported that the privacy cryptocurrency Zcash celebrates its tenth anniversary this week. The report states that Zcash's ability to continuously innovate partly stems from allocating 20% of block rewards for developer funding, with the protocol evolving from the Sprout pool to Sapling and Orchard.Launched in 2026, the Ironwood pool adds quantum-resistant addresses and formal verification to address code vulnerabilities. Grayscale expressed hope and expectation that Zcash will continue to expand transaction capacity and prepare for post-quantum era and AI-driven cybersecurity risks, which may require ongoing funding from multiple parties and efficient allocation.

ARK Invest Digital Asset Research Director: The number of addresses holding stablecoins has surpassed 300 million for the first time

ARK Invest's Director of Digital Asset Research, Lorenzo Valente, stated that the number of addresses holding stablecoins has surpassed 300 million for the first time. The Ethereum ecosystem currently accounts for 37% of all stablecoin holding addresses, up from 29% two years ago, with approximately three-quarters coming from L2. He believes that the strategy of expanding adoption through L2 is proving effective and expects tokenized stocks to develop along the same path.Valente also mentioned that if one were to illustrate the dominance of EVM, EVM-compatible chains hold about 94% of stablecoin addresses. It took 8 years for the number of stablecoin holding addresses to reach 300 million, and he anticipates that it could reach 1 billion wallets within 18 months, faster than the existing trend.

Anthropic submitted a listing application, holding approximately 132 billion USD in cash

Anthropic has officially submitted its IPO application. According to its S-1 cash flow statement disclosed in the prospectus, the company has raised approximately $140 billion in cash through preferred stock, convertible bonds, and SAFE agreements from 2023 to the first half of 2026, of which $110 billion was raised in the first half of 2026, including $65.2 billion in Series H financing.As of June 30, 2026, Anthropic's remaining cash includes $112.4 billion in cash and cash equivalents and $19.3 billion in short-term investments, totaling approximately $132 billion, along with an additional $2.5 billion in restricted cash. Other financing channels include a $15 billion undrawn revolving credit facility expanded in September 2026, and up to $77 billion in partner note financing, of which $20 billion from Google, $15 billion from Amazon linked to computing milestones, and $42 billion from Broadcom solely for lease payments, with IPO proceeds to be added on top of this.Accordingly, Anthropic's cash holdings are higher than those of tech giants like Amazon, Meta, and Microsoft, second only to Google's parent company Alphabet's $242 billion. Its projected expenditure report also shows that starting from December 2026, it has committed approximately $37 billion annually for computing power solely to SpaceXAI, with total computing power commitments estimated at around $780 billion to $810 billion.

Balancer: Over $500,000 in forgotten assets discovered before suspension, owners have been notified to claim

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.

Microsoft opens a voluntary resignation program to about 60,000 employees

According to a report by Financial Associated Press, Microsoft announced on October 26 local time that it will offer a voluntary severance compensation plan to approximately 60,000 employees to reduce costs and adjust its workforce for the AI era. More than a quarter of the total employee count is eligible, marking the company's third round of workforce adjustments this year.A spokesperson stated that some vice presidents and below in the United States, Canada, India, and the United Kingdom are eligible to apply, and those who accept the plan will receive benefits similar to standard severance packages. According to informed sources, departments such as Xbox, Windows, Copilot, and finance will fully participate, while some employees in data centers, sales, marketing, cybersecurity, and quantum computing will not be eligible. Chief Human Resources Officer Amy Coleman mentioned in an internal letter that the plan provides an option for employees considering leaving to transition with the company's support, and it is another way for departments to adjust their teams. The spokesperson also noted that if top talent accepts the plan, the company will attempt to retain them in some cases.In April this year, Microsoft launched its first voluntary retirement program for about 8,750 eligible U.S. employees, with over 30% ultimately accepting; in July, it announced layoffs of approximately 4,800 people, accounting for about 2.1% of the total workforce. The spokesperson expects the number of acceptances this time to be far less than the voluntary retirement program. As of the end of June, Microsoft had a total of 223,000 employees. According to the financial report on July 29, capital expenditures for the fourth quarter of fiscal year 2026 were $41 billion, a year-on-year increase of about 70%, and capital expenditures for the first quarter of fiscal year 2027 are expected to be about $50 billion.

Balancer Finds Over $500K in Unclaimed Assets Before Shutdown, Notifies Institutions to Withdraw

Odaily News: Balancer announced that during an inventory of DAO assets, it discovered over $500,000 in assets and unclaimed rewards left in the protocol by external users and institutions, including Ethena, Gauntlet, and others. Some liquidity assets in Balancer v3 use internal Vault accounting and cannot be properly displayed in block explorers or asset management tools such as DeBank; in addition, some users still have unclaimed rewards after withdrawing liquidity from v2. Balancer has notified the relevant asset owners, and some institutions have begun withdrawing funds. Previously, the Balancer community approved a proposal to gradually terminate the protocol's operations, and some pools will switch to withdrawal-only mode on Oct. 30.

Foundation: Phishing email attacks involved over 23,000 sending attempts, and some personal information from historical orders may have been leaked

According to the official announcement from Foundation, regarding the recent phishing email incident, the team’s investigation found that their email system recorded over 23,000 phishing email sending attempts, of which 19,057 were sent via Mailgun, and another 1,503 were sent via Google Workspace.Due to some email accounts receiving multiple emails, and some sending attempts being unsuccessful or intercepted, it is currently not possible to confirm the actual number of affected individuals.

Osmosis Ends OSMO Inflation, Staking Rewards to Come From Protocol Revenue

Odaily News: Osmosis has announced that OSMO inflation issuance has ended. After the latest epoch concluded, newly minted OSMO stood at 0, down from the previous daily minting of 91,300 tokens. Proposal 1053 passed with 91.1% approval. Going forward, staking rewards will come from protocol revenue rather than newly issued tokens; each OSMO burned will reduce the total supply.

bitcoin++ will hold the Antarctic Cold Storage Conference in January 2028, with only 22 spots available

The Bitcoin Technology Conference Series bitcoin++ has announced the launch of "Antarctica: Cold Storage Edition," scheduled from January 24 to February 5, 2028, with only 22 spots available. This event combines a technology conference with polar exploration, bringing discussions to a colder place in line with Bitcoin's "cold storage" (the practice of keeping private keys offline). Since its launch in Austin in 2022, bitcoin++ has held about 20 events in cities such as Berlin, Buenos Aires, Taipei, and Seoul, each with a specific theme, with the next event scheduled for November 5 to 6, 2026, in Seoul focusing on privacy.Participants will depart from Ushuaia, Argentina, cross the Drake Passage to the Antarctic Peninsula, and return, with a total duration of 13 days and 12 nights. Possible stops include Neko Harbour, Paradise Bay, Port Lockroy, and Lemaire Channel. Activities include kayaking, camping, hiking, snowshoeing, and Zodiac landings, with specific landing points depending on weather, ice conditions, and the expedition team's decisions. The conference will take a non-conference format, allowing participants to propose their own talks, presentations, and discussions, with Starlink available on board and independent rooms for temporary hackathons and workshops.Reservations are currently open, with ticket prices quoted in US dollars: a four-person cabin costs $14,900, and a double cabin costs $16,700, with the option to pay in five equal installments or pay in full at the time of registration; paying in full with Bitcoin offers a 5% discount. The ticket price includes a cold-weather jacket. The final payment must be completed by October 1, 2027, and medical, evacuation, and repatriation insurance must be purchased separately. Sponsors can print their brands on the expedition jackets, with sponsorship amounts ranging from $5,000 to $25,000, each covering approximately 22 jackets. The itinerary covers the Antarctic Peninsula, not the geographic South Pole.

AI on-chain infrastructure Bullshot completes $7.7 million financing

AI-driven on-chain infrastructure project Bullshot announced that it has completed a $7.7 million financing round. The project stated that this round of financing received support from investors, partners, and strategic supporters.Bullshot claims that it is building the next generation of AI-driven on-chain infrastructure, integrating token creation, trading, and autonomous AI agents within the same ecosystem. The project stated that this financing will strengthen its plans for ongoing construction and expansion on-chain.

Anthropic IPO documents show that cloud channel revenue accounts for 48%

According to a report by Financial Associated Press, based on the IPO filing released by Anthropic on Monday, sales generated from the cloud markets of the three major cloud service providers—Google, Amazon, and Microsoft—accounted for 48% of Anthropic's total revenue in the first half of 2026, up from 11% in 2023. These cloud service providers collect payments from customers and transfer them to Anthropic after deducting fees, with payments to channel partners increasing by $2.7 billion year-on-year in the first half of this year. The document shows that Anthropic's sales in the second quarter were $11.555 billion, with an operating profit of $974 million.The S-1 describes the aforementioned cloud service providers as simultaneously acting as investors, customers, distribution partners, and competitors, stating that they can understand Anthropic's pricing and commercial terms. It also mentions that these companies may prioritize promoting their own AI models, raising antitrust concerns. The document lists the minimum commitments for computing power as follows: at least $114.5 billion to Google by 2033, at least $110 billion to Amazon by 2036, and $44.9 billion to Microsoft; the minimum commitments remain valid regardless of whether the computing power is actually used. Additionally, it is expected that between 2028 and 2031, $125 billion to $150 billion will be paid for additional TPU computing power.In terms of equity, Amazon and Google currently hold shares without voting rights and are not included in the list of securities with more than 5% voting rights; after the IPO conversion, both will exceed 5% ownership of preferred shares and certain convertible notes. Amazon has invested approximately $18 billion to date and has committed to invest up to an additional $15 billion under specific conditions, with related notes convertible into a maximum of 1.84 billion shares, equivalent to 10.9% of fully diluted shares as of June this year, and subject to a 12% ownership cap. Google has invested approximately $23 billion and has committed to invest an additional $20 billion upon meeting certain conditions, with the latest agreement having a maximum ownership cap of 14.99%. The document also lists a $161.2 billion equipment leasing agreement related to Broadcom, as well as a computing power procurement arrangement with SpaceXAI for up to $120.5 billion.

Ripple CEO: The U.S. OCC has approved the establishment of a national trust bank to support RLUSD and digital asset custody

Ripple CEO Brad Garlinghouse stated that the Office of the Comptroller of the Currency (OCC) has finally approved the application related to Ripple National Trust Bank. This approval will provide Ripple with a business platform under a federal regulatory framework to support its dollar stablecoin RLUSD and offer digital asset custody services to enterprise clients.Garlinghouse noted that this move reflects the integration of the cryptocurrency industry with the traditional banking system, emphasizing the importance of innovation, accountability mechanisms, and federal regulation.

Catcher Predict: "Cowboys vs. Eagles" "1H Spread -9.5" Win rate skyrocketed 16.5%

According to Catcher Predict monitoring, in the market prediction on Polymarket for the "Cowboys vs. Eagles" event, the "Eagles" option in the sub-market "1H Spread -9.5" has experienced significant fluctuations in winning probability, soaring from 12.5% an hour ago to the current 29% (a fluctuation of 16.5%). Please note the impact of related breaking news.