The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

GraniteShares announces it will launch the first U.S. leveraged ETFs tracking SK Hynix, offering 2x long and 2x short exposure to provide investors with leveraged trading tools for the leading AI storage stock.

According to Ming Pao, Hong Kong Legislative Council member Janis Chan Wai-man disclosed that the Inland Revenue (Amendment) (Automatic Exchange of Information) Bill 2026 was passed by the Legislative Council last week, while the Crypto Assets Reporting Framework (CARF) Bill has entered the deliberation phase. Chan stated that between 2018 and 2025, the Hong Kong government had cumulatively recovered over HK$100 million in taxes and penalties, with an estimated additional roughly 8,000 financial institutions required to register compulsorily going forward.

AI-assisted Web3 infrastructure layer Canopy has closed an $8.5 million seed round, with participation from investors including Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. The raised capital will be used to support its mainnet launch, engineering team expansion, and development of native AI development tools.

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale closed out a position to take a $3.277 million profit in the early hours of yesterday, before opening a new short position worth $70.76 million last night. As of now, the address holds short positions of 912.93 BTC (valued at $54.98 million) and 10,000 ETH (valued at $15.83 million), with entry prices of $59,137 and $1,532 respectively, posting an unrealized loss of $1.418 million.

Citrini analyst Zephyr cited China’s mobile phone shipment data, noting that foreign brands including iPhone saw a 19.2% year-on-year drop in May, while local brands such as Huawei drove total shipment growth of 16.5%, putting Apple under increasing pressure in the Chinese market. Zephyr added that Apple faces not only price issues but also DRAM supply shortages; CXMT (Changxin Memory Technologies) products mainly serve the Chinese market, so Apple has to compete with Huawei, which uses CXMT and SwaySure’s joint memory factory. Zephyr believes Apple will struggle to maintain its Chinese market share if it does not adopt CXMT DRAM, and the Kirin 9040 will significantly narrow the SoC performance gap, hinting that Apple is lobbying to import 3D NAND flash memory produced by Yangtze Memory Technologies. Today’s news: Apple Inc. is lobbying the Trump administration to allow it to purchase DRAM chips manufactured by China’s Changxin Memory Technologies (CXMT).

According to Yujin Monitoring, Garrett Jin, the agent of the so-called "BTC OG insider whale", placed a ZEC short order worth $21.73 million at $418.9 half an hour ago. So far, $4.93 million of the order has been filled, with $16.8 million worth of positions still pending execution. Once fully filled, he will become the largest ZEC holder on Hyperliquid. Separately, his 1,270 BTC long position opened at $76,117 (valued at $96.54 million) is currently sitting on an unrealized loss of $20.15 million.