MyToken data monitoring shows that on 【October 23rd, 05:54】 (Beijing Time), an address starting with 【0x5aca】 transferred 【129256158.56 USDC】 to an address starting with 【0xa0b8】, with a total value of approximately 【129.39 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

BlockBeats news, October 23: As investors grow increasingly concerned that soaring spending in the artificial intelligence sector may not be sustainable, U.S. tech stocks plunged sharply. The Nasdaq dropped 2.6% on Thursday, recording its largest single-day decline since June. Meanwhile, the Dow Jones Industrial Average, which is more concentrated in blue-chip stocks, rose slightly by 0.02%. Due to market concerns over massive investments by tech firms in AI, several major AI-related stocks declined. Meta (META.O) fell 7%, after the company disclosed additional future expenditure commitments. Despite a significant increase in Meta's revenue, profits still failed to meet Wall Street expectations. Investor and analyst Navigill said: "All of this traces back to Meta. The issue now is that the market is indiscriminately selling off assets, throwing out good ones along with the bad." Further fueling concerns about AI spending is Nvidia's CEO, who stated that AI lacks sufficient capital to support the growth of so-called "Neoclouds"—companies primarily providing digital infrastructure for large AI cloud providers like Meta and Amazon. Stocks of SpaceX, Nvidia, and CoreWeave all declined. The Philadelphia Semiconductor Index plummeted 6.7%. Given the ongoing turbulence in the AI sector this week, U.S. investors are turning to the bond market for safety, seeking to avoid higher-risk assets such as tech stocks. As funds flowed into the bond market, U.S. Treasury yields dropped significantly.

Odaily Planet Daily News: Fomo announced on the X platform that its internal cross-chain bridge had been in trial operation for about a week with a small number of users, and is now officially launched. Fomo claims that cross-chain transactions on the platform can be completed within 1 second.

MyToken data monitoring shows that on 【October 23rd, 05:24】 (Beijing Time), an address starting with 【0x52af】 transferred 【117782663.41 USDC】 to an address starting with 【0xa0b8】, with a total value of approximately 【117.90 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/

MyToken data monitoring shows that on 【October 23rd, 05:22】 (Beijing Time), an address starting with 【0x00ae】 transferred 【1344.32 WBTC】 to an address starting with 【0x2260】, with a total value of approximately 【109.38 million】. Real time monitoring of large transfers：https://www.mytokencap.com/large-transfers/