Abridge AI Inc., a Pittsburgh-based startup specializing in artificial intelligence software for healthcare professionals, is on the cusp of raising $250 million in new funding. Leading this significant investment are prominent figures in the tech world, including investor Elad Gil and IVP, with Alphabet Inc.’s CapitalG fund also expected to participate. This new capital round will reportedly close at a pre-money valuation of $2.5 billion, marking a tremendous leap from the $200 million valuation the company achieved just last year.

According to BlockBeats, on October 14, German publicly listed company Samara AG announced plans to issue a €30 million bond. The funds raised from this bond issuance will be used to purchase Bitcoin and shares in various funds. This strategic move highlights the growing interest and investment in cryptocurrency and related financial instruments by traditional financial entities.

According to Coinglass data, the entire network had a liquidation of US$22.7375 million in the past 4 hours, of which long positions had a liquidation of US$4.9417 million and short positions had a liquidation of US$17.7959 million.

Talos Trading Inc., a provider of digital asset trading software, plans to double its headcount in the Asia-Pacific region over the next 12 months. The New York-based company has identified Asia as a key market, thanks to its deep crypto industry roots and the regulatory clarity offered by regions such as Hong Kong, Singapore and Japan. “Asia is a standout contributor to the profits of digital asset companies around the world,” Samar Sen, Talos’ head of Asia-Pacific, said in an interview. “Many of Talos’ top clients by trading volume are companies in the Asia-Pacific region,” he said, adding that the hiring drive will focus on business development, customer service, and product and engineering positions. Sen said that with many early cryptocurrency adopters concentrated in the region, “there are also a lot of complex transactions in the derivatives space in Asia, much more than in the U.S. and Europe.” A Talos spokesperson said that compared to traditional financial businesses, where Asia-Pacific operations typically contribute 10-15% of global revenue for multinational companies, Talos’ Asia-Pacific unit contributes on par with its U.S. and EMEA teams and is a key market for the business. Talos received $40 million in Series A funding in 2021, led by a16z, with participation from PayPal Ventures and Fidelity Investments. (Bloomberg)

Chinese stocks opened higher on Monday and Bitcoin surged above $64,000 as investors assessed the potential impact of economic stimulus measures announced by the Ministry of Finance over the weekend.

Ethereum sees a spike in user activity, but selling pressure keeps its price from rising as traders remain cautious about short-term gains. source: https://coinpaprika.com/news/ethereum-activity-rises-but-price-still-struggles

The Liberal Party of Australia has launched the country's first fully AI-generated political advertisement, featuring a deepfake of ACT Chief Minister Andrew Barr, ahead of the 2024 federal election. This raises concerns about the implications of AI in politics, prompting calls for urgent regulation to protect the electoral process.

According to Odaily, two major SPX holders have recently sold a portion of their SPX holdings, realizing substantial profits. The first whale, who holds the largest amount of SPX, sold 4.05 million SPX for $670,000. Despite this sale, the whale still retains 15 million SPX, valued at approximately $12.87 million. The second whale sold 793,000 SPX for $713,000, making a profit of $583,000. This whale continues to hold 7 million SPX, worth around $5.84 million.

According to Odaily, on-chain analyst Ai Yi has reported that the 'smart money' investor, known for a 91% success rate in trading, is currently liquidating their Ethereum holdings. On September 29, this investor purchased 4,969 ETH at an average price of $2,660. However, in the past half hour, they have sold 4,973 aEthWETH, valued at $12.53 million, at an average price of $2,520. This marks the 12th consecutive loss for the investor, resulting in a total loss of $696,000. Consequently, the investor's success rate in Ethereum trading has dropped to 83%.

Bitcoin surged past $64,000 on Monday, with analysts combining technical indicators such as RSI, order book liquidity and moving averages to suggest that a breakout above $65,000 is increasingly likely.

Bitcoin NFT sales have skyrocketed by 29.36%, reaching $16.78 million, showing a spot in an otherwise gloomy market performance. source: https://www.cryptopolitan.com/bitcoin-nfts-jump-29-defying-sector-slump/

According to Ai Yi, an analyst on the chain, the "smart money with a 91% winning rate in the band" who opened a position of 4,969 ETH at an average price of $2,660 on September 29 is clearing his position. In the past half hour, he has sold 4,973 aEthWETH (worth $12.53 million) at an average price of $2,520. So far, the 12th band loss has been $696,000, and the smart money's ETH band winning rate has dropped to 83%,

يتداول زوج الدولار مقابل الدينار البحريني عند 0.3775 دينار، بعد أن افتتح التداول عند مستوى 0.3769 دينار. هذا الارتفاع الطفيف يشير إلى استقرار حركة الزوج مع زيادة ضئيلة في قيمة الدولار خلال الجلسة. وكان قد شهد الزوج حركة ضمن نطاق محدود خلال اليوم، حيث تراوح السعر بين أعلى مستوى له عند 0.3816 دينار وأدنى مستوى … source: https://www.tradersup.com/%d8%aa%d8%ad%d9%84%d9%8a%d9%84%d8%a7%d8%aa-%d9%81%d9%86%d9%8a%d8%a9/%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d8%b3%d8%b9%d8%b1-%d8%a7%d9%84%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d9%85%d9%82%d8%a7%d8%a8%d9%84-%d8%a7%d9%84%d8%af%d9%8a%d9%86%d8%a7%d8%b1-%d8%a7%d9%84%d8%a8%d8%ad%d8%b1/%d8%a7%d9%84%d8%aa%d8%ad%d9%84%d9%8a%d9%84-%d8%a7%d9%84%d9%81%d9%86%d9%8a-%d9%84%d8%b2%d9%88%d8%ac-%d8%a7%d9%84%d8%af%d9%88%d9%84%d8%a7%d8%b1-%d8%a7%d9%84%d8%a3%d9%85%d8%b1%d9%8a%d9%83%d9%8a-%d9%85-40/137143

Data from TokenUnlocks suggests that this week is set to be a crucial week for cryptocurrency markets. As per TokenUnlocks, at least $498 million worth of tokens are scheduled to be unlocked in the next seven days. Should crypto investors worry about this development?  Massive Token Unlock This Week The TokenUnlocks report indicates that both … source: https://coinpedia.org/news/top-altcoins-at-risk-of-dropping-this-week-ahead-of-498m-token-unlock/

This post will focus on the Ethereum “merger” problem: what improvements can be made to the technical design of proof-of-stake, and what are the ways to achieve these improvements?

A man's arrest at a Trump rally for carrying firearms led to a brief surge in the FIGHT meme coin, highlighting ongoing security concerns surrounding the former president.

President Biden pledges over $500 million to restore Florida's electrical grid after Hurricane Milton, amidst rising political tensions and ongoing recovery efforts.

Michael Nadeau highlights Uniswap Labs’ new blockchain, Unichain, which could redirect significant Ethereum validator fees to Uniswap and UNI token holders, enhancing profits for liquidity providers while raising concerns among Ethereum users.

Binance's executive, Tigran Gambaryan, just suffered another setback after he was denied bail last Friday despite his ailing health.

As memecoiners continue to send tokens to Vitalik Buterin’s wallet, he has donated $884,000 to charity in the past ten days.