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Qwen Mini Model Series Released for Only One Day, Lead Engineers from Q&A Multiverse Simultaneously Announce Resignation

2 hours ago

On March 4, Junyang Lin, CTO of Qwen, said goodbye on X and announced his resignation. Another CTO, Binyuan Hui (@huybery), also updated his bio to “Former Alibaba Qwen Team MTS.” Additionally, Kaixin Li—a key contributor behind Qwen3.5, Qwen VL, and Qwen Coder—posted a farewell message earlier this morning. Notably, the Qwen team released its Qwen3.5 Small Model series yesterday, which has been widely praised by the community. Sources indicate that a shift in Alibaba Cloud’s evaluation of the Qwen team directly prompted the exits of these key members.
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A Whale Entered a $5.59M BTC and ETH Position 10 Hours Ago

On March 4, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that the address 0x7c7…1F7e6 accumulated $5.59 million worth of WBTC and ETH 10 hours earlier. During last night’s market rebound, the address bought 1,481.67 ETH in a single on-chain transaction (average price: $1,995) and 37.62 WBTC (average price: $67,604). The assets have since been transferred to address 0x0EA…34a54.

4 minutes ago

US CFTC Chairman: Prepared to Implement the CLARITY Act During Trump's Term

On March 4, CFTC Chair Mike Selig reiterated his call for quick passage of the CLARITY Act in a post on X. He noted President Trump’s stance in support of the bill is correct, and establishing a forward-looking digital asset market structure is critical. The CFTC is prepared to implement the legislation during Trump’s term, viewing it as a key pillar in securing U.S. leadership in global innovation. “Now is the time to act.” Selig also disclosed the CFTC will set clearer standards for self-certified prediction market types, and plans to soon release a high-level Advance Notice of Proposed Rulemaking (ANPRM) to lay groundwork for more comprehensive prediction market rules.

4 minutes ago

Bitcoin Mining Hosting and Cloud Service Company Applied Digital Completes $2.15 Billion Bond Financing

March 4th — Bloomberg reports that Applied Digital, a Bitcoin mining hosting and cloud services firm, has secured $2.15 billion in bond financing to construct its Polaris Forge 2 AI data center campus in Harwood, North Dakota. The facility has been leased to Oracle. Applied Digital previously noted the project is expected to generate roughly $5 billion in revenue over the roughly 15-year contract term.

4 minutes ago

Korean Stock Market Halts Trading for Second Consecutive Day, Long Position Address Nearing Liquidation

March 4: Per LookOnChain data, the Korean stock market plunged two straight days, triggering a circuit breaker. A crypto address took a 20x long position on the Korean ETF (EWY) at an entry price of $127.03 — peaking with $626,280 in unrealized profit, it now faces a $4,363,590 loss and is approaching its liquidation price of $115.07.

4 minutes ago

Two major highly correlated WTI crude oil short whales took profit and exited, with a position return of approximately 12%.

March 4th — Per data from Coinbob Popular Address Monitoring, two highly correlated addresses on Hyperliquid simultaneously liquidated their long positions in xyz:CL (WTI Crude Oil Futures Mapping Contract) last night, with an average exit price of ~$74. Previously, the pair held positions worth over $3.2 million, with an average entry price of ~$70. Using 2-3x leverage, they yielded ~12% returns. These two whale addresses (0x1de and 0xb58) share similar holding patterns and on-chain transfer histories, and had accurately positioned for long trades well ahead of Iran’s announcement banning ships from passing through the Strait of Hormuz—a key crude oil shipping lane.

4 minutes ago

Binance Alpha Lists Alibaba and Palantir Stock Tokens

On March 4th, Binance Alpha has listed stock tokens for Alibaba and Palantir, per information from relevant pages.

4 minutes ago

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