A highly leveraged BTC short position is approaching liquidation, with a size of $7.8 million.

According to market data from BIT (bit.com), U.S. pre-market crypto-related stocks rose broadly, with the following tickers posting gains: CRCL +1.67%, MSTR +1.68%, HOOD +0.99%, BMNR +2.79%, COIN +1.67%, ABTC +4.79%, BNC +0.76%.

Per HTX market data, KGEN broke above $0.16, now trading at $0.16118, up 13.2% in the past 24 hours.

According to an official announcement, Bithumb will list KGEN for spot trading.

The Hong Kong Exchanges and Clearing (HKEX) announced that it has collaborated with leading index provider S&P Dow Jones Indices to co-develop and launch the S&P 500 HKEX Tech 100 Index. This cross-market index combines leading U.S.-listed enterprises and the largest Hong Kong-listed technology companies by market capitalization, offering the market a new benchmark. The S&P 500 HKEX Tech 100 Index was launched on September 30, 2026, with the aim of enabling future ETFs tracking the index to qualify for inclusion in the Stock Connect trading scheme. It is designed to provide investment exposure to both U.S. and Hong Kong stock markets through a single benchmark, promoting portfolio diversification and cross-market capital flows.

Beating AI News: Developer Ryan has open-sourced an AI drawing tool called Anatomy, which currently supports Claude Code, OpenCode, and Codex. Users only need to describe the technical concept they want to explain in one sentence, and the AI will automatically design a machine that demonstrates the concept’s principle through moving parts. The generated works can also be operated via mouse or keyboard. For example, when explaining LRU cache (which prioritizes removing the least recently used data), the AI creates a bookshelf that can move books; when explaining how a mechanical watch works, it generates a mechanical device that can wind up, adjust speed, and disassemble gears. More complex works include SpaceX Starship’s Raptor rocket engine, which can be split into 11 components and simulate ignition. Currently, 33 major works are showcased on Anatomy’s official website. Anatomy first studies relevant principles and parameters, then designs parts, creates graphics, and adds animations. The movements and numerical readings in the scene are controlled by the same computational model, changing synchronously during operation. It also has built-in automated inspection tools to detect issues such as part interpenetration and occlusion errors. The final output is editable web code that can be opened independently or embedded into websites. The developer has also packaged existing works into a component library for direct use by developers. The project is open-sourced under the MIT License. However, creating detailed works takes significant time: the mechanical watch took nearly 2 hours to develop, while the Raptor rocket engine took over 10 hours. Its 3D functionality remains in the testing phase.

Kraken parent company and integrated financial infrastructure platform Payward announced today that it plans to officially enter the UAE market after securing full market approval from the Dubai Virtual Assets Regulatory Authority (VARA). The approval allows Payward to operate as a regulated Virtual Asset Service Provider (VASP), serving retail, professional, and institutional investors. Upon the official launch of services, Kraken users in the UAE will be able to trade spot and margin pairs priced in UAE Dirhams (AED), as well as deposit and withdraw funds directly in Dirhams. Users will also have access to on-chain staking, xStocks, and Krak for crypto asset transfers; institutional clients can utilize over-the-counter (OTC) spot trading services and Kraken Prime. Subject to regulatory approval, Payward expects to roll out additional products between late 2026 and 2027, including crypto derivatives and expanded yield opportunities. Additionally, Payward will open up its infrastructure to regional partners via embedded trading services.