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More →AWS: Optimizing Personalized Conversion with Contextual Multi-Armed Bandits
CoinWorld news: AWS optimized personalized conversion through contextual multi-armed bandits (MAB), improving the efficiency of the product acquisition funnel. In a seven-week online A/B test, the final conversion rate for a certain customer group increased by a high single-digit percentage relatively. AWS also shared how to apply AI personalization on Amazon SageMaker to solve the selection challenge, and provided a code repository for users to test. The system optimizes the entire conversion funnel through the linear UCB method, ensuring that every customer receives the best content recommendations.
Trump: Interest rates could slow growth.
According to Bijie News, U.S. President Trump said interest rates may slow economic growth. He stressed that what we want is growth, and growth will not trigger inflation.
The U.S. Congress is considering expanding crypto rules to allow banks and credit unions to hold digital assets.
According to WatcherGuru, the U.S. Congress is considering expanding crypto rules to allow banks and credit unions to hold digital assets, issue stablecoins, and use blockchain technology.
Glassnode: Bitcoin's relative strength rebounds
Glassnode says Bitcoin's relative strength is recovering. In June, Bitcoin only outperformed the S&P 500 on 1 out of every 5 trading days, its weakest performance in six years. Its win rate has now recovered to above 50%, while the stock market has remained flat. This indicates that Bitcoin itself has unique buying pressure.
StarkWare CEO Eli Ben-Sasson is bullish on LIT reaching $10 within the year.
According to CoinWorld news, StarkWare CEO Eli Ben-Sasson said that LIT was oversold after the Robinhood-related news and predicted that the token's price will reach $10 this year.
The U.S. 30-year mortgage rate rose to 7.28%, the highest in nearly three years.
Bitcoin World data: According to the Associated Press, the average rate on a 30-year fixed mortgage in the United States rose this week to 7.28% from 7.03% last week, the highest level in nearly three years and the sixth consecutive weekly increase, compared with 6.34% a year earlier. The 15-year fixed mortgage rate also rose to 6.60% from 6.42%. At the end of February this year, the 30-year mortgage rate had briefly fallen to 5.98%, and has since risen by about 1.3 percentage points. Based on a $400,000 loan, the monthly repayment cost has increased by about $276. Inflation expectations driven by soaring oil prices have pushed U.S. Treasury yields higher. The 10-year Treasury yield has risen from 3.97% at the end of February to 5.27% in intraday trading on Thursday, further driving up mortgage costs. Persistently high interest rates continue to weigh on the U.S. housing market. Existing home sales in August fell 2% month over month to a seasonally adjusted annual rate of 3.98 million units, the lowest level in more than a year.
Zano blockchain attacked, over $200 million in unauthorized tokens minted, project team has rolled back the chain state.
Bitcoin.com News reports that Zano disclosed that due to a missing validation in the gateway addresses introduced by hard fork 6, attackers minted approximately 18.4 million Zano and FUSD on August 29 and September 25 respectively. The illicit tokens were worth over $200 million, involving 117,941 outputs and 65,301 transactions. Zano has restored the chain state from block 3,833,000 and disabled the gateway addresses. Affected balances will be fully restored, and Zano's supply and issuance schedule remain unchanged. (Source: bitcoin.com news)
The Zano blockchain rolled back 30 days due to over $200 million in illicit tokens.
According to a report by bitcoin.com, the Zano blockchain rolled back 30 days due to a non-compliant token issue involving more than $200 million. Zano disclosed that the gateway addresses introduced in hard fork 6 had a missing validation flaw. An attacker minted approximately 18.4 million Zano in a single transaction on August 29, minted an equal amount again on September 25, and minted FUSD in the same manner. The project team stated that the related non-compliant tokens are worth more than $200 million, and the potentially affected activity involves 117,941 outputs and 65,301 transactions. Zano has restored the chain state from block 3,833,000 and disabled the gateway addresses. Affected balances will be fully restored, and Zano's supply and issuance schedule will remain unchanged.
Galaxy Research: Analysis of 2.9 million retail accounts shows 69.2% incurred losses
CoinWorld data: Galaxy Research, based on on-chain settlement data from Polymarket compiled by Stork, analyzed approximately 2.9 million "retail" accounts on the international platform filtered by manual trading frequency. The results showed that 69.2% of accounts ultimately ended up below the break-even point, with cumulative losses of $338.9 million. Among accounts that did not open another position within 30 days after a loss, the proportion was 15.2%, compared with 6.1% after a profit. The report defines accounts that traded in at least 5 category markets and had more than 60% of their traded markets concentrated in a single theme as "specialist traders," accounting for 44.1%, of which sports made up 47% of all specialist traders, but only 25.1% were profitable, the lowest among all themes. Technology and science had the highest profitability rate at 41.2%, but the sample was relatively small. The median typical position size of profitable traders was $13.96, higher than the $10 of losing traders. No clear relationship was observed between holding time and profitability.
US Treasury website: US issues new Iran-related sanctions.
According to Bijie News, the U.S. Department of the Treasury website: The United States has issued new Iran-related sanctions.