Fed Minutes Show Cooling Rate Hike Expectations, Samsung Q3 Operating Profit Soars 783%

The minutes from the Federal Reserve's September meeting indicate that most officials support another rate hike this year, but expectations for an October increase have cooled. Samsung's operating profit for the third quarter surged 783%, driven by the AI memory boom boosting chip business profitability. The average operating cost of Claude Haiku 5.5 released by Anthropic has decreased by about 75% compared to the previous generation. The U.S. government has transferred a total of $670 million in cryptocurrency assets in the past 32 hours. The CFTC chairman stated that a margin model and controls will be implemented to support the integrity of the derivatives market in the crypto market. Vitalik Buterin suggested that AI could weaken cryptography within two years, putting ECDSA at risk, and recommended prioritizing hash cryptography. Multicoin transferred 760,580 HYPE to Coinbase Prime over the past four weeks, valued at $62.99 million. Crypto media Cointelegraph is seeking to sell.

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