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EU extends 'central contact point' rule to crypto asset service providers

44 minutes ago

Last week, the European Commission adopted an enabling act expanding the Central Contact Point (CCP) framework—previously applicable only to e-money institutions and payment institutions—to Crypto Asset Service Providers (CASPs). This allows member state regulators to require locally operating crypto trading platforms and other such entities to designate local contacts. The revised CASPs are integrated into the anti-money laundering (AML) and compliance regulatory liaison network, giving regulators a fixed on-ground point of contact within their jurisdictions and strengthening information sharing and law enforcement cooperation.

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DeepSeek V4.1 Flash Launches as an App, Combining Three Core Features: Speed, Expert-Level Performance, and Image Recognition.

Beating AI Express News (Dongcha): DeepSeek’s V4.1 Flash is now rolling out on its app, merging its original three modes—“Fast”, “Expert”, and “Image Recognition”—into a single entry point. Users no longer need to manually select modes; the unified model handles daily conversations, image understanding, and complex queries simultaneously, with V4.1 Flash natively supporting multimodal capabilities. DeepSeek previously noted that the new model has fully outperformed V4 Pro across metrics including performance, cost, speed, and total processing time, and will take over all V4 Pro requests ahead of the launch of V4.1 Pro.

2 minutes ago

Robinhood Chain has temporarily suspended operations, with the market awaiting Arc’s launch to drive the next leg of the rally; a co-founder of Circle may support on-chain speculative trading.

Since the start of this week, the on-chain rally driven by the Robinhood chain has temporarily cooled off, with major cryptocurrencies seeing broad pullbacks. As a result, the market is pinning hopes for the next rally on Arc Chain, set to launch on September 16. Arc is an open blockchain network developed by stablecoin issuer Circle, primarily targeted at institutional users. There is significant divergence in the market over whether Arc will strongly support crypto-native meme coin culture. However, multiple crypto-native platforms have already announced they will support Arc Chain immediately upon launch, including NFT marketplace OpenSea and meme coin platform FOMO. In response to FOMO’s launch announcement, Circle co-founder Jeremy Allaire also gave an immediate positive response, which is seen as a potential sign of support for the crypto-native community. Whether Arc can successfully carry on the on-chain rally after its launch remains to be verified by the market.

2 minutes ago

Ark Invest increased its holdings of Meta Platforms stock by roughly $28.13 million yesterday.

According to data from the Ark Invest Tracker, Cathie Wood’s Ark Invest added 43,091 shares of Meta Platforms yesterday, valued at roughly $28.13 million.

2 minutes ago

David Sacks stated that Anthropic’s IPO must be suspended until the "internal whistleblower" allegations are investigated.

Beating AI News Flash: Chair of the U.S. President’s Council of Advisors on Science and Technology (PCAST) David Sacks stated that Anthropic’s initial public offering (IPO) must clearly be suspended until allegations against the "whistleblower" are investigated. The whistleblower is Jacob Coxon, a former Anthropic researcher. Coxon previously worked on pre-training research at OpenAI, joined Anthropic in July 2026, resigned in September after roughly four months on the job, and publicly posted on X warning: Many insiders at top AI firms genuinely believe the technology could cause human extinction within a decade, and both companies are recklessly racing toward self-improving superintelligence—gambling with the lives of all humanity. When he left, Coxon’s equity had not yet vested (companies typically begin vesting after six months), so he gave up potential massive stock gains. The incident unfolded as Anthropic had secretly filed for an IPO, with a valuation approaching $1 trillion.

2 minutes ago

Zhipu AI and MINIMAX-W both saw sharp adjustments, with the Hang Seng Tech Index’s decline widening to 2%.

According to Bitget market data, the Hang Seng Tech Index’s decline has widened to 2%. Zhipu and MINIMAX-W both saw sharp adjustments, with Zhipu falling over 7% and MINIMAX-W dropping more than 6%.

2 minutes ago

Bonk Guy: PONS remains one of the most undervalued protocols in crypto, and the market cannot continue to ignore it.

Prominent crypto trader Bonk Guy has published a bullish post on PONS: The platform generated $1.34 million in revenue in a single day, with the day still not over. Even as activity on the Robinhood Chain has cooled in recent days, PONS still boasts an annualized revenue of roughly $202 million, a market cap of $434 million, and $3.7 million remaining in its buyback wallet, which is also accumulating rapidly. These funds will be used to purchase PONS tokens on the market via TWAP (Time-Weighted Average Price) orders, while new revenue comes in faster than the wallet is deployed for buybacks. Bonk Guy argues that a protocol generating over $200 million in annual revenue is only valued at $434 million in market cap, equating to "something worth billions being sold for pennies." PONS remains one of the most undervalued protocols in crypto, and the market cannot continue to ignore it. Note: PONS is the largest holding in Bonk Guy’s current portfolio, valued at $6.9837 million, with a return of 10213.81%.

2 minutes ago

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