Singapore's largest money laundering case suspect Wang Shuiming may be extradited to China, with his accomplice being the mastermind behind the Hong Kong crypto platform scam AAX.

Over the past three hours, the largest ZEC long holder on Hyperliquid added a total of 6,126.64 ZEC via TWAP (Time-Weighted Average Price), with a trading volume of approximately $7.205 million, an average entry price of $1,176 for the additional positions, and a position increase of around 57.5%. After the addition, its ZEC long position rose to 16,779.74 ZEC, valued at roughly $19.486 million, with an average price of $1,179.65, an unrealized loss of about $307,900, and a liquidation price of around $838.19. According to reports, this whale first began consecutive ZEC trades as early as July 19, with the current position established on September 6, and no position reduction has been recorded so far. In addition, it holds approximately 1.1213 million NEAR long positions, valued at around $5.691 million with an unrealized profit of $89,500; and 1 billion PUMP long positions, worth about $4.455 million with an unrealized profit of $85,900. The combined value of these three long positions is approximately $29.632 million, with ZEC accounting for around 65.8%.

Beating AI Express (Dongcha) News: Huang Wenhao, head of model evaluation at ByteDance’s Seed team, has recently left his position and may pursue a startup next. Huang holds a PhD in Computer Science from Peking University and has prior work experience at Microsoft Research Asia and Beijing Academy of Artificial Intelligence (BAAI). In 2023, he joined Zero One Infinity (01.AI), founded by Kai-Fu Lee, as a co-founder, serving as Vice President of Algorithms and head of model training, leading the development and launch of large models including Yi-34B and Yi-Large. In August 2024, Huang left Zero One Infinity to join ByteDance’s Seed team, initially handling technical project management and planning while reporting to Zhu Wenjia. In early 2025, after former Google DeepMind Vice President Wu Yonghui took charge of Seed’s basic research, Huang switched to report to Wu. Since then, his work focus has gradually shifted to model evaluation, alongside participation in cutting-edge technology planning and talent recruitment.

According to Digital Asset, South Korea’s Mirae Asset Securities is evaluating private money market funds (MMFs) and private bonds for institutional investors, and plans to launch its first batch of tokenized financial products in the first quarter of 2027. The firm will roll out the relevant products in Q1 2027, with an initial focus on private MMFs and private bonds exclusively for institutional investors. The MMFs under evaluation primarily invest in short-term financial instruments; unlike public funds offered to a wide range of investors, private MMFs only raise capital from a limited pool of investors.

Market data shows that Unitree Technology's intraday price surged more than 16%, currently trading at 496 yuan.

According to a report by the Financial Times, U.S. stocks were poised to open higher on Monday, following their largest weekly decline since April last year when Trump announced tariff policies. During Asian trading hours, tech-heavy Nasdaq 100 futures rose 1.3%, while S&P 500 futures gained 0.8%. Analysts noted that after Friday’s sell-off sparked by market concerns over widening credit spreads for AI data center-related firms, investors are now reassessing market conditions, and this easing of sentiment also supported Asian markets. South Korea’s KOSPI index climbed 0.5% on Monday, after an 11% drop last week. Prashant Bhayani, Asia Chief Investment Officer at BNP Paribas, said: “We are seeing a rebound because there was no substantial escalation of the Iran conflict over the weekend.” He added that after last week’s “de-risking” moves, traders have adopted a wait-and-see approach toward AI-related trades. Japan’s TOPIX index fell nearly 1% in early Monday trading but rebounded in the afternoon, ending the day roughly flat. The tech-heavy Nikkei 225 index, meanwhile, declined 0.7%.

According to Bitget market data, WTI crude oil has fallen 2.00% intraday, trading at $96.97 per barrel, while Brent crude oil is down 2.1%.