Huang Renxun has left Beijing, and NVIDIA has not disclosed whether Huang Renxun met with the DeepSeek founder.

**January 5 (Monday) Market Update** Japan’s Nikkei 225 Index surged 2.97% on Monday, January 5, closing 1493.32 points higher at 51832.80. Chip and heavy industry stocks led the advance. South Korea’s KOSPI Index climbed 3.43% to a record high of 4457.52, adding 147.89 points on the day. Chip and defense stocks were top gainers, with Samsung Electronics soaring 7.47% — its largest single-day jump since March 24, 2020. (Source: FX Street)

On January 5, per Lookonchain data, a Polymarket trader named "beachboy4" lost over $2 million in just 35 days—their trading history has recently caught the community’s attention. Over those 35 days, the account made 53 predictions, winning 27 (a ~51% win rate). Its biggest single profit was ~$936,000, while the largest single loss hit $1.58 million. The average bet per prediction was ~$400,000, with the biggest single wager reaching $1.58 million. The account’s core issue stems from a misunderstanding of Polymarket’s pricing logic. In the trade with the biggest loss, the account bought "Liverpool Win (YES)" at 0.66. This doesn’t mean "Liverpool is likely to win"—it means the trader was betting the actual win probability exceeded 66%. Instead, the trader long treated Polymarket as binary sports betting, not a market focused on probability and pricing dynamics. Further analysis shows the account repeatedly chased high buy-ins in the consensus price range of 0.51–0.67, creating

On January 5, the Beijing High People’s Court released five typical cases of telecom and internet fraud enforcement, per the KFang Public Account. Among them, a cross-border cryptocurrency investment fraud case was disclosed. The defendant from Beijing’s Chaoyang District used overseas chat apps to recruit others to buy crypto and invest on designated platforms, then transferred fraud proceeds via cryptocurrency. Investigators found the group defrauded more than $900,000 (equivalent to over 5 million yuan). The court relied on objective evidence—including the involved company’s performance sheet—to accurately determine the fraud amount. Liu was convicted of fraud, sentenced to 12 years in prison, and fined.

On January 5, LookOnChain data reveals trader "beachboy4" lost over $2 million on Polymarket in just 35 days. The trader relied on "popular consensus cognition"—predicting solely based on outcomes most people believed would occur. Stats show he made 53 predictions over the 35-day period with a 51% win rate, but he never set exit strategies or hedges. This left most losing positions held until they went to zero or plummeted sharply before settlement.

January 5 Per Coinbob Popular Address Monitoring: - Over the past 2 hours, the "Meme Coin Whale" has been building a short position on recently rallied meme coin PEPE. The current position totals ~$120k, with an average entry price of $0.007. - Since LIT’s official launch, the whale’s LIT short position has grown to $11.2 million (average entry: $2.7)—making it the largest short across LIT, ASTER, and UNI on the Hyperliquid platform. Coinbob’s data also shows: - This address has held over 20 distinct meme coins since November. Its total position value rose from ~$20 million to $40.7 million. - Today’s market rally trimmed its unrealized gains by ~$800k, but unrealized profits still sit at ~$4.6 million. Cumulative gains over the past two months: ~$13 million; annual total: $81 million. In stark contrast, another whale (which clashed with this address in November, holding similar meme coins but long positions) has seen heavy losses: - Total position value plummeted fro