I agree with ak. Though a different model, my Tek scope shows a little sine wave symbol in the channel indicator area if that channel is set to AC coupling.
But the signal definitely appears to be AC coupled. So I would look for some connection that isn't as DC coupled as you think it is. And that could even be the ground connection.
As for trouble shooting, the first thing that I would do is look at the power supply rail with the scope. When you probe pin 8, does the trace jump up to +12 and stay there?