Bithumb will list the Zest Protocol (ZEST) Korean won trading pair, with support for the BNB Chain network.
According to an official announcement, South Korean cryptocurrency exchange Bithumb will add a new Korean won (KRW) trading market for Zest Protocol (ZEST). The announcement notes that ZEST trading is supported on the BNB Smart Chain (BSC), with deposits unavailable on other networks for the time being. Deposit and withdrawal functions will open within two hours of the announcement’s release, while trading is scheduled to launch at 14:00 on October 12, 2026. ZEST’s listing base price is set at 2
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According to an official announcement, South Korean cryptocurrency exchange Bithumb will add a new Korean won (KRW) trading market for Zest Protocol (ZEST). The announcement notes that ZEST trading is supported on the BNB Smart Chain (BSC), with deposits unavailable on other networks for the time being. Deposit and withdrawal functions will open within two hours of the announcement’s release, while trading is scheduled to launch at 14:00 on October 12, 2026. ZEST’s listing base price is set at 2
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Results of the OpenAI Pro quota vote are in: More users oppose restoring the 5-hour limit.
Beating AI Express: The Pro quota vote launched by OpenAI’s Product and Platform Lead Tibo has concluded, drawing over 240,000 votes. Of respondents, 37.8% chose to retain the current weekly quota without reinstating the 5-hour limit; 33.2% are willing to bring back the limit in exchange for doubling their weekly quota; the remaining 29% only wanted to view the poll results. Tibo admitted the outcome caught him off guard, noting he had originally expected Pro 100, 200, and 500 tier users to favo
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Beating AI Express: The Pro quota vote launched by OpenAI’s Product and Platform Lead Tibo has concluded, drawing over 240,000 votes. Of respondents, 37.8% chose to retain the current weekly quota without reinstating the 5-hour limit; 33.2% are willing to bring back the limit in exchange for doubling their weekly quota; the remaining 29% only wanted to view the poll results. Tibo admitted the outcome caught him off guard, noting he had originally expected Pro 100, 200, and 500 tier users to favo
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Wormhole (W) token surges over 61% in 24 hours, currently trading at $0.02842.
According to HTX market data, Wormhole (W) is currently priced at $0.02842, up 61.39% in the past 24 hours and hitting a high of $0.02945. Its 24-hour trading volume is approximately $24.033 million. Wormhole (W) has been strengthening recently, mainly driven by altcoin capital rotation, as it benefits from being a cross-chain infrastructure token.
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According to HTX market data, Wormhole (W) is currently priced at $0.02842, up 61.39% in the past 24 hours and hitting a high of $0.02945. Its 24-hour trading volume is approximately $24.033 million. Wormhole (W) has been strengthening recently, mainly driven by altcoin capital rotation, as it benefits from being a cross-chain infrastructure token.
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OpenAI 28-Day Sprint Day 7: Sol’s Default Context Window Expands to 500,000 Tokens, Subscribers No Longer Charged Extra for Long Context
Beating AI News Brief: OpenAI Product and Platform Lead Thibault Sottiaux has announced Day 7 of the company’s 28-day product sprint. GPT-6.1 Sol’s default context window in Codex and ChatGPT Work has been expanded from 272,000 tokens to 500,000 tokens, an approximately 80% increase. The larger window reduces instances of automatic context compression during long tasks, enabling the model to retain more details from prior conversations and task inputs. Sottiaux noted the new default setting was
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Beating AI News Brief: OpenAI Product and Platform Lead Thibault Sottiaux has announced Day 7 of the company’s 28-day product sprint. GPT-6.1 Sol’s default context window in Codex and ChatGPT Work has been expanded from 272,000 tokens to 500,000 tokens, an approximately 80% increase. The larger window reduces instances of automatic context compression during long tasks, enabling the model to retain more details from prior conversations and task inputs. Sottiaux noted the new default setting was
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Based’s co-founder responds to card data breach incident: has notified regulatory authorities and filed a police report, stating that transaction wallets and the app were not affected.
Based co-founder Edison released a statement on the recent card data leak, noting that the team’s compliance and operations departments have begun contacting and responding to affected users, notified the Singapore Personal Data Protection Commission (PDPC) and relevant regulatory authorities, filed a police report, and are currently cooperating with law enforcement in the investigation. Edison said the card business remains operational, and Based’s transaction wallets and app have not been impa
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Based co-founder Edison released a statement on the recent card data leak, noting that the team’s compliance and operations departments have begun contacting and responding to affected users, notified the Singapore Personal Data Protection Commission (PDPC) and relevant regulatory authorities, filed a police report, and are currently cooperating with law enforcement in the investigation. Edison said the card business remains operational, and Based’s transaction wallets and app have not been impa
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Newly Created Wallet Withdraws 600,007 $UNI ($4.61M) from Binance
The newly created wallet 0x1389 withdrew another 600,007 $UNI ($4.61M) from #Binance an hour ago.
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The newly created wallet 0x1389 withdrew another 600,007 $UNI ($4.61M) from #Binance an hour ago.
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Papertrade’s trading funds have dwindled to just $6.4 million, plunging nearly 70% in 24 hours.
According to official data, HyperEVM-based synthetic perpetual protocol Papertrade has been live for 36 hours since its Saturday evening launch. After an initial boom, trading has cooled sharply, with trading volume and open interest (OI) plummeting. The platform’s cumulative notional trading volume exceeds $770 billion, while its total value locked (TVL) stands at $62.6 million, down 37% in 24 hours. Open interest positions hit $510 million, a roughly 85% drop from $3.3 billion 24 hours prior.
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According to official data, HyperEVM-based synthetic perpetual protocol Papertrade has been live for 36 hours since its Saturday evening launch. After an initial boom, trading has cooled sharply, with trading volume and open interest (OI) plummeting. The platform’s cumulative notional trading volume exceeds $770 billion, while its total value locked (TVL) stands at $62.6 million, down 37% in 24 hours. Open interest positions hit $510 million, a roughly 85% drop from $3.3 billion 24 hours prior.
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Tencent ventures into the personal AI agent product market, Yuanbao Assistant to launch a standalone app.
Dongcha Beating AI News Flash, as cited by media outlet Dujia, reports that Tencent’s Yuanbao is developing a personal AI agent named "Yuanbao Assistant", with plans to launch a standalone app. The new product will operate in its own space with separate permissions from the main Yuanbao app, focusing on long-term memory and continuous task execution. Users can assign long-term follow-up tasks to the AI without needing to restart conversations each time. Multiple business departments within Tence
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Dongcha Beating AI News Flash, as cited by media outlet Dujia, reports that Tencent’s Yuanbao is developing a personal AI agent named "Yuanbao Assistant", with plans to launch a standalone app. The new product will operate in its own space with separate permissions from the main Yuanbao app, focusing on long-term memory and continuous task execution. Users can assign long-term follow-up tasks to the AI without needing to restart conversations each time. Multiple business departments within Tence
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This Week's Macro Outlook: CPI Data Tests Fed's Stance on Pausing Rate Hikes, IMF Speech by Walsh Takes Center Stage
This week, global markets will focus on the U.S. September CPI data to assess whether the Federal Reserve will maintain its "non-consecutive rate hike" stance. While most Fed officials believe another rate hike may be possible this year, recent comments show they are in no hurry to act at consecutive meetings. Market pricing for a rate hike on October 28 has fallen to around 19%, while a December rate hike is fully priced in. Geopolitically, the stalemate between the U.S. and Iran and the escala
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This week, global markets will focus on the U.S. September CPI data to assess whether the Federal Reserve will maintain its "non-consecutive rate hike" stance. While most Fed officials believe another rate hike may be possible this year, recent comments show they are in no hurry to act at consecutive meetings. Market pricing for a rate hike on October 28 has fallen to around 19%, while a December rate hike is fully priced in. Geopolitically, the stalemate between the U.S. and Iran and the escala
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Goldman Sachs raises its December Brent crude oil price forecast to $90 per barrel, while maintaining its 2027 average price forecast at $80 per barrel.
Goldman Sachs released a report stating it maintains its base case that ongoing adjustments to Middle East oil supplies will eventually push crude prices lower, though renewed conflict remains a significant upside risk. The bank raised its December Brent crude price forecast to $90 per barrel, while keeping its 2027 average Brent crude forecast at $80 per barrel. It also projects December 2024 WTI crude prices to average $81 per barrel, and 2027 WTI prices to average $73 per barrel. Goldman Sach
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Goldman Sachs released a report stating it maintains its base case that ongoing adjustments to Middle East oil supplies will eventually push crude prices lower, though renewed conflict remains a significant upside risk. The bank raised its December Brent crude price forecast to $90 per barrel, while keeping its 2027 average Brent crude forecast at $80 per barrel. It also projects December 2024 WTI crude prices to average $81 per barrel, and 2027 WTI prices to average $73 per barrel. Goldman Sach
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NEAR hits new yearly high, prominent X trader mk4 sees unrealized profit exceed $20 million.
As monitored by TradingBeats, on October 12, the NEAR perpetual contract on Hyperliquid hit a high of $5.959, marking a new yearly high. The price is currently quoted at around $5.862, up approximately 10.66% in 24 hours. Trader mk4 (X: @mk4_lul) still holds roughly 5.7565 million NEAR in long positions, with a position value of about $33.74 million, an average entry price of just $2.353, an unrealized profit of around $20.2 million, and a return of approximately 1491%. NEAR is currently the onl
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As monitored by TradingBeats, on October 12, the NEAR perpetual contract on Hyperliquid hit a high of $5.959, marking a new yearly high. The price is currently quoted at around $5.862, up approximately 10.66% in 24 hours. Trader mk4 (X: @mk4_lul) still holds roughly 5.7565 million NEAR in long positions, with a position value of about $33.74 million, an average entry price of just $2.353, an unrealized profit of around $20.2 million, and a return of approximately 1491%. NEAR is currently the onl
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A certain crypto whale is allegedly positioned in advance for token W, adding $1.85 million worth of positions on the eve of its sharp price surge.
According to TradingBeats monitoring, W is currently trading at $0.02929, up around 66.3% in 24 hours. Its contract trading volume stands at approximately $24.32 million, with open interest nominal value at roughly $31.08 million.
A large bull investor bought W from a short position as early as the morning of September 29, spending about $201,300. On the evening of October 10, this account abruptly added around 10.4511 million W tokens, trading for approximately $183,600 (0x8be0…), after which
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According to TradingBeats monitoring, W is currently trading at $0.02929, up around 66.3% in 24 hours. Its contract trading volume stands at approximately $24.32 million, with open interest nominal value at roughly $31.08 million.
A large bull investor bought W from a short position as early as the morning of September 29, spending about $201,300. On the evening of October 10, this account abruptly added around 10.4511 million W tokens, trading for approximately $183,600 (0x8be0…), after which
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Analysis: Bitcoin closes above $83,000 on the weekly chart, bulls remain in control
Benjamin Cowen, founder of crypto market research platform ITC, posted that Bitcoin closing above $83,000 on its weekly chart signals bulls remain in control, while bears need to prove they have taken over market dominance. Cowen noted that based on his past experience, employing the dollar-cost averaging (DCA) strategy in the second half of U.S. midterm election years is a prudent move; this strategy worked in 2018 and 2022, and he hopes it will hold true in 2026.
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Benjamin Cowen, founder of crypto market research platform ITC, posted that Bitcoin closing above $83,000 on its weekly chart signals bulls remain in control, while bears need to prove they have taken over market dominance. Cowen noted that based on his past experience, employing the dollar-cost averaging (DCA) strategy in the second half of U.S. midterm election years is a prudent move; this strategy worked in 2018 and 2022, and he hopes it will hold true in 2026.
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The cross-chain interoperability sector has rallied sharply, with W leading the gains, followed by ZRO, AXL, STG and others.
According to HTX market data, tokens in the cross-chain interoperability sector have rallied sharply, with Wormhole (W) leading the surge, gaining over 60% in 24 hours and briefly breaking $0.03. LayerZero (ZRO) also strengthened, surpassing $2.2 with a 24-hour increase of more than 12%. Axelar (AXL) crossed $0.06, rising 9.7% in 24 hours; Stargate (STG) broke $0.2, up 23.7% in 24 hours.
On the news front: Wormhole is advancing W 2.0 tokenomics, introducing reserves, staking yields and a bi-wee
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According to HTX market data, tokens in the cross-chain interoperability sector have rallied sharply, with Wormhole (W) leading the surge, gaining over 60% in 24 hours and briefly breaking $0.03. LayerZero (ZRO) also strengthened, surpassing $2.2 with a 24-hour increase of more than 12%. Axelar (AXL) crossed $0.06, rising 9.7% in 24 hours; Stargate (STG) broke $0.2, up 23.7% in 24 hours.
On the news front: Wormhole is advancing W 2.0 tokenomics, introducing reserves, staking yields and a bi-wee
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Compound V4 development enters the implementation phase, with institutional market deposits and collateral supplies exceeding $60 million.
The Compound Foundation has released its September progress report, announcing that Compound V4 has completed core product and technical specification development, with preliminary smart contract development and code review now underway. The institutional market went live on September 8; as of September 25, total deposits and collateral supplies exceeded $60 million, while outstanding USDC borrowings surpassed $18 million. The report notes that the institutional market is a research and developm
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The Compound Foundation has released its September progress report, announcing that Compound V4 has completed core product and technical specification development, with preliminary smart contract development and code review now underway. The institutional market went live on September 8; as of September 25, total deposits and collateral supplies exceeded $60 million, while outstanding USDC borrowings surpassed $18 million. The report notes that the institutional market is a research and developm
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Blockchain firm Wuwen Xinqiong secures 2.3 billion yuan in Series C funding, with no plans to build data centers.
Beating AI Express News: Tsinghua-backed AI infrastructure firm Wuwei Xinqiong has secured 2.3 billion yuan in Series C financing, bringing its total funding to 4.3 billion yuan. Founded in 2023, Wuwei Xinqiong does not develop chips or build its own data centers. Instead, it integrates computing power from chips including Huawei Ascend, NVIDIA, and AMD via software, offering large language model (LLM) training and inference services to clients. Developers can also directly call models through A
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Beating AI Express News: Tsinghua-backed AI infrastructure firm Wuwei Xinqiong has secured 2.3 billion yuan in Series C financing, bringing its total funding to 4.3 billion yuan. Founded in 2023, Wuwei Xinqiong does not develop chips or build its own data centers. Instead, it integrates computing power from chips including Huawei Ascend, NVIDIA, and AMD via software, offering large language model (LLM) training and inference services to clients. Developers can also directly call models through A
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Hong Kong, China will list its second spot Solana ETF on October 13.
According to official announcements from Solana, Hong Kong will launch its second spot Solana ETF. The Pando Solana ETF (2831.HK) is scheduled to list on the Hong Kong Stock Exchange on October 13. Solana noted that the total net asset value of global spot SOL ETFs currently stands at $1.9 billion, with cumulative net inflows reaching $1.61 billion.
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According to official announcements from Solana, Hong Kong will launch its second spot Solana ETF. The Pando Solana ETF (2831.HK) is scheduled to list on the Hong Kong Stock Exchange on October 13. Solana noted that the total net asset value of global spot SOL ETFs currently stands at $1.9 billion, with cumulative net inflows reaching $1.61 billion.
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Fudan University's Qiu Xipeng team raises over RMB 1 billion in funding, plans to build an AI assistant similar to the one in the movie *Her*
Beating AI News (Dongcha) — Mosi Intelligence, founded by Fudan University professor Qiu Xipeng, announced the completion of over RMB 1 billion in Pre-A round financing, led by Huake Fund, with participation from Guokai Science and Technology Innovation and Shanghai Science and Technology Innovation Fund, among others. Founded at the end of 2024, the company is led by Li Shimin, a student of Qiu Xipeng, as its CEO. The proceeds from this round will be used for research and development of full-mo
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Beating AI News (Dongcha) — Mosi Intelligence, founded by Fudan University professor Qiu Xipeng, announced the completion of over RMB 1 billion in Pre-A round financing, led by Huake Fund, with participation from Guokai Science and Technology Innovation and Shanghai Science and Technology Innovation Fund, among others. Founded at the end of 2024, the company is led by Li Shimin, a student of Qiu Xipeng, as its CEO. The proceeds from this round will be used for research and development of full-mo
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Former Acting Chair of the CFTC: No congressional legislation is needed, as the existing framework is sufficient to regulate the crypto market.
Former acting Chair of the U.S. Commodity Futures Trading Commission (CFTC) and current Chief Legal Officer and Chief Administrative Officer at MoonPay, Caroline Pham, stated that the Commodity Exchange Act grants the CFTC broad regulatory authority, meaning the existing regulatory framework can cover emerging commodity sectors like crypto assets without waiting for congressional legislation. Pham believes the CFTC’s recently proposed rules will help strengthen protections for U.S. retail crypto
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Former acting Chair of the U.S. Commodity Futures Trading Commission (CFTC) and current Chief Legal Officer and Chief Administrative Officer at MoonPay, Caroline Pham, stated that the Commodity Exchange Act grants the CFTC broad regulatory authority, meaning the existing regulatory framework can cover emerging commodity sectors like crypto assets without waiting for congressional legislation. Pham believes the CFTC’s recently proposed rules will help strengthen protections for U.S. retail crypto
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A certain whale took a 10x short position on ENA, with returns reaching 560%.
According to TradingBeats monitoring, a Hyperliquid whale address 0x45d2…4029 holds approximately 6.416 million ENA short positions, with a position value of around $1.54 million, using 10x full leverage at an average entry price of roughly $0.552. The address is currently sitting on an unrealized profit of about $2 million, translating to a position return of approximately 564.5% based on the initial leverage. This address has held ENA short positions since late September. As of press time, the
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According to TradingBeats monitoring, a Hyperliquid whale address 0x45d2…4029 holds approximately 6.416 million ENA short positions, with a position value of around $1.54 million, using 10x full leverage at an average entry price of roughly $0.552. The address is currently sitting on an unrealized profit of about $2 million, translating to a position return of approximately 564.5% based on the initial leverage. This address has held ENA short positions since late September. As of press time, the
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Wells Fargo is in discussions with Payward, the parent company of Kraken, over a potential partnership that would help it expand its cryptocurrency trading operations.
U.S. bank Wells Fargo is in discussions with Payward, the parent company of crypto exchange Kraken, for a potential collaboration under which Payward would provide liquidity support for the bank’s digital asset trading business. The partnership would see Payward offer market depth and trade execution support, helping Wells Fargo expand crypto asset trading access for its clients without building out a full trading infrastructure from scratch. The two sides are still in negotiations, no final agr
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U.S. bank Wells Fargo is in discussions with Payward, the parent company of crypto exchange Kraken, for a potential collaboration under which Payward would provide liquidity support for the bank’s digital asset trading business. The partnership would see Payward offer market depth and trade execution support, helping Wells Fargo expand crypto asset trading access for its clients without building out a full trading infrastructure from scratch. The two sides are still in negotiations, no final agr
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