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CoinMarketCap acquires crypto derivatives data platform Coinglass

39 minutes ago

On September 25, CoinMarketCap announced it has completed the acquisition of crypto derivatives data platform Coinglass, with the transaction amount undisclosed. Founded in 2019, Coinglass currently covers 28 trading platforms and over 2,500 trading products, providing data including open interest, funding rates, liquidations, options, and long-short ratios. It boasts more than 5 million monthly active users and serves over 10,000 API clients. CoinMarketCap stated that post-acquisition, it will integrate Coinglass’s derivatives data with its own crypto asset price data to offer users information such as market leveraged positions, liquidation distributions, and funding rates. The firm added that Coinglass will continue operating as an independent business, retaining its brand. Its website, app, free tools, APIs, and pricing will remain unchanged, and the team will continue leading product development.

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Microsoft rolls out new version of Copilot, a "super app", that competes with Muse.

According to Beating AI Express, citing a report from The Information, Microsoft has launched a redesigned "super app" version of Copilot, along with a new product competing with Muse. Microsoft CEO Satya Nadella stated that the redesign aims to "make Copilot the new operating system for work scenarios." The new Copilot comes with updated Home, Code, and Autopilot functions, and integrates the full capabilities of Word, Excel, and PowerPoint into the tool via "Office in Copilot." Earlier, on September 9, Meta released its personal agent Muse. The biggest difference between Muse and OpenClaw and Hermes is that it does not require self-deployment, nor does it involve the hassle of managing models, servers, and skills. Meta directly provides an independent cloud environment, allowing users to access it through apps, web pages, or WhatsApp.

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Analysis: Domestic large models enter an 'awkward period' – training computing power, inference costs, and prices have become three major challenges.

Beating AI Express News: Max For AI stated that domestic large models are currently entering an "awkward period", with core challenges focusing on three areas: training computing power, inference resources, and commercial pricing. As domestic vendors continue to expand model scales, sizes of 5 trillion, 8 trillion, and even 10 trillion parameters are being discussed, but the growth rate of training computing power may struggle to keep pace with this expansion, making computing power a practical constraint. Alibaba previously noted at its Cloud Summit that it may train models with 5T to 10T parameters, while vendors including Kimi and GLM are also advancing large-scale model development. On the inference side, completing large model training does not equate to being able to stably serve a large user base long-term. Max For AI pointed out that some large models run fast at launch, but may later face speed limits, queuing, and tightened quotas, reflecting that inference computing remains a key bottleneck. As model scales grow, each additional user quota translates to higher actual inference costs. Additionally, rising model sizes and inference costs may force vendors to adjust pricing, as one of the key competitive advantages of domestic large models has been open-source availability and cost-effectiveness. The firm added that in the Agent era, as single tasks consume more tokens, price sensitivity will further increase, requiring domestic vendors to rebalance model performance, inference costs, and commercial pricing.

7 minutes ago

Pre-market US stocks: Most of the Magnificent Seven advanced, with Akamai climbing 20% after signing a $11.6 billion deal with Anthropic.

According to market data from BIT (bit.com), most U.S. tech majors rose in pre-market trading: Tesla gained 1.1%, Nvidia 0.7%, Amazon 0.6%, Alphabet 0.4%, Apple 0.1%, while Microsoft was flat and Meta fell 0.5%. In individual stocks, Akamai Technologies jumped 20% after announcing a 7-year, $11.6 billion deal with Anthropic to provide computing power. Atlas Energy rose 6.9% following its announcement of a $340.5 million equipment purchase agreement for power projects with Wyoming Machinery Company, plus a separate 328-megawatt power deal between the two sides. People Inc. climbed 9.9% amid market reports that MGM Resorts is in talks to acquire the media company controlled by Barry Diller. On the downside, Comcast dropped 1.9% after KeyBanc cut its rating from "Sector Weight" to "Underweight"; Nike fell 2% as Bank of America lowered its rating from "Neutral" to "Underperform" and pushed back its sales recovery forecast to fiscal 2028; Twilio declined 3.5% following HSBC’s downgrade of its rating from "Hold" to "Underweight"; Zscaler slipped 3.4% after announcing Ross Tackett’s appointment as Chief Revenue Officer, effective October 1.

7 minutes ago

Tether followed suit to freeze $218,000 in USDT from Bitget's stolen address, 7 hours after Circle.

According to on-chain data, Tether has successfully frozen $218,000 worth of USDT from an address linked to the Bitget hack. This address is a "three-hop" associated address of Bitget’s initial stolen wallet, and remained inactive for over 2.5 hours after being detected, with no transfers occurring during that window. Crypto KOL tanuki42 launched a "Circle vs Tether" tracking effort at the time, asking which of the two firms would freeze the related assets first. Currently, Circle froze the relevant stolen assets 7 hours and 18 minutes ahead of Tether.

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Bonk Guy's Portfolio Surges $1M in 24H, Holds $PONS, $USELESS, $MarsCoin

Bonk Guy (@theunipcs) remains firmly at #1 on the FOMO leaderboard, with his portfolio up over $1M in the past 24 hours. He continues to hold $PONS, $USELESS, and $MarsCoin without taking any profits.

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Magic Eden: Today’s incident was not a platform hack, but a smart contract vulnerability in the Limit Break transaction protocol.

Magic Eden CEO Jack posted that the platform was not attacked today. The incident originated from Limit Break’s trading protocol and smart contract, Magic Eden clarified, noting that it stopped using that protocol two years ago. Jack said Magic Eden is in communication with Limit Break to work out further solutions, including pushing for a protocol-level suspension of related asset transfers. Until then, users should revoke their relevant authorizations on Magic Eden. Jack also thanked white hat hacker 0xQuit for assisting in recovering stolen assets, stating this prevented the situation from deteriorating further. Magic Eden added that more updates will be released after further verifying the situation.

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