Suspected a16z address transfers 471,500 HYPE tokens to multiple exchanges, valued at approximately $30.57 million.

Chinese President Xi Jinping stated at the World Artificial Intelligence Conference that the world has entered an unprecedented era of artificial intelligence (AI) innovation, with AI emerging as a new engine for global economic growth. Xi emphasized the need to seize the historic opportunity of AI development, encourage the growth of open-source AI, and advance the formation of a global consensus on an AI governance framework. He also pointed out that AI development should not be dominated by a single country, calling for strengthened international cooperation to make AI technology more open and inclusive.

According to an official announcement, to meet users' diverse investment needs, Bitget has launched four stock perpetual contracts: CPNG (Coupang), PKX (Posco), MUFG (Mitsubishi UFJ Financial Group), and TM (Toyota Motor). All these contracts are settled in USDT, support up to 20x leverage, and are available for 24/7 trading. For more details, please refer to Bitget's official platform.

According to Bitget market data, Hong Kong-listed Southern’s 2x Long Samsung Electronics (07747) plunged over 20%, while Southern’s 2x Long SK Hynix (07709) dropped more than 18%.

The Iranian military stated that it used drones to strike a U.S. military force deployment and logistics support center in Kuwait. (Jinshi)

According to Bitget market data, amid the launch of Kimi K3 and expectations that DeepSeek will go public next year, A-share-listed Jiuan Medical has posted three consecutive daily 10% price gains over four trading days, hitting its daily 10% price limit today. On the news front, Jiuan Medical holds stakes in both DeepSeek and Moonshot AI (Kimi). After Kimi K3’s launch yesterday, it topped the front-end code rankings, outperforming Claude Fable 5. Meanwhile, online rumors indicate DeepSeek could list on the Shanghai STAR Market as early as Q2 next year. Additionally, Jiuan Medical’s "AIoT Diabetes Home Medical Assistant" project is advancing steadily: it has assembled an AI team of over 30 members, trained a vertical large model using approximately 479,800 private user data points, and plans to launch the full AI module for small-scale gray testing in Q2 2026.

According to Bitget market data, Hong Kong-listed Zhipu AI saw its shares plunge over 17% during intraday trading, and is now down nearly 15%. On the news front, its direct competitor Moonshot AI released Kimi K3, which outperformed Claude Opus 4.8 and GPT-5.5 in certain programming and agent tests. Additionally, Anthropic publicly named Zhipu for the first time yesterday, accusing the firm’s GLM-5.2 model of distilling models from Claude and OpenAI.