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

According to HTX market data, LIT (Lighter) has risen above $5.3, with its 24-hour price gain expanding to 10.4%. On the news front, asset management firm Bitwise announced the launch of Lighter staking ETP "BLIT", which is listed on Deutsche B?rse’s Xetra platform.

Per TradingBeats monitoring, the largest ZHIPU long holder on Hyperliquid (address: 0x8b3) currently holds ~74,200 ZHIPU long contracts, worth roughly $6.21 million, with an average entry price of ~$97.73 and an unrealized loss of around $1.04 million — making it the ZHIPU whale with the biggest unrealized loss right now. Over the same period, the unilateral open interest of ZHIPU contracts stands at ~273,300, with this address accounting for ~27.1% of the entire market’s long positions. The address has been expanding its long exposure consistently during the current price slump. After briefly booking losses on September 17, it continued to buy ZHIPU at $94–$94.98 between September 18 and 20, adding ~$2.88 million in long positions total, lifting its holdings from ~43,600 contracts to 74,200 — a 70% increase. With ZHIPU falling further to ~$83.7, this batch of new positions alone has incurred an unrealized loss of ~$320,000. Prior to this, the whale made a similar counter-directional position-increasing move on another large altcoin long, and was also the largest unrealized loss long holder of PONS. On September 10, it held ~$4.257 million in PONS long positions at an average price of ~$0.8598, with an unrealized loss of ~$1.701 million. It continued to add roughly $1 million in positions while the position was in the red, and has now fully stopped out.

Binance announced that following a security incident involving Zilliqa, the project team has announced the migration of Zilliqa (ZIL) from the Zilliqa mainnet to the ZILEVM Network. Accordingly, Binance will discontinue support for the Zilliqa (ZIL) mainnet and support the token’s migration to the ZILEVM Network. Deposits and withdrawals of ZIL via the Zilliqa mainnet have been suspended.

Beating AI News Brief: Meta recently expanded testing of its Muse "call on your behalf" feature, but it has been exposed that some of the calls are actually handled by real people. Internal information obtained by 404 Media and Reuters shows that Muse can assign tasks to human contractors at call centers, who make calls and complete requests on behalf of users. Some testers only learned a human was involved after the call ended. Meta’s main motivation for this move is to boost success rates. Internal company tests showed that with human involvement, the success rate of call tasks reaches 95% to 98%, higher than AI-only operations. However, a practical problem exists: some businesses hang up immediately when they learn the other party is an AI. Community testers also reported that merchants hung up after Muse identified itself as an AI assistant. Human involvement also raises privacy concerns. Users originally assumed their information would only be shared with AI, but in reality, it may be accessed by outsourced staff. Some Meta employees have questioned that providing privacy training to contractors does not constitute a genuine security mechanism. A Meta official later admitted that failing to clearly inform testers in advance about human involvement was a mistake, and the feature has been rolled back. Meta stated that the calling function remains in testing, and it will only be officially launched in the future after addressing security, privacy, and clear disclosure requirements.

Whale 0x2ae2 sold 5.34M $PONS for 1,315 $ETH ($3.6M) an hour ago, taking a $578K loss. The whale still holds 1.69M $CASHCAT ($285K), down $151K, and 8.59M $4STOCK ($127K), down $264K.

Insight Beating AI News Flash: The Cyberspace Administration of China (CAC) has announced a new batch of filings for on-device generative AI services on mobile phones. Honor’s YOYO Claw, Xiaomi’s miclaw, and “Jieyue Terminal AI” all completed filings on September 22, with their applicable scenarios covering Honor phones, Xiaomi phones, and Jieyue phones respectively. Xiaomi’s miclaw is a system-level AI Agent developed by Xiaomi based on the MiMo large model. It launched a small-scale closed beta in March this year, but officially ended the beta and suspended services on September 21. This means the filing was finalized one day after miclaw was taken offline. Xiaomi has not announced plans to relaunch the service, and completing the filing does not equate to a service resumption. Honor’s YOYO Claw was previously rolled out on PCs, while its mobile version has been in small-scale testing. Honor officials have repeatedly responded in community forums this year that the mobile function of YOYO Claw is still under development or only available to invited users. This time, the filing explicitly specifies “Honor phones” as its applicable scenario. Jieyue unveiled its first smart agent phone, the STEPX Neo, in July this year, equipped with Step AOS and personal smart agent Amoo, but did not announce a specific launch time at that time. The completion of the filing for “Jieyue Terminal AI” fills a compliance gap for its mobile generative AI service.