The US Treasury Department Meets with Three Crypto Companies to Discuss Bitcoin Reserve Custody Solution

According to Bitget market data, Japanese storage stock Kioxia surged 16%, marking its largest single-day gain in nearly 12 weeks. Meanwhile, South Korean stocks Samsung Electronics rose 9.5% and SK Hynix gained 10% today.

Dong察 Beating AI News Flash: Swiss AI lab Giotto has launched two models, Alto and Solo, claiming to have built "Europe's smartest sovereign AI". The lab emphasized that the models are hosted on European cloud infrastructure, with data remaining in Europe, and do not rely on U.S. cloud service providers. However, shortly after release, netizens uncovered issues. When testing Alto, the model surprisingly identified itself as Kimi, developed by China's Moonshot AI. Facing community inquiries, Aldo Podestà, co-founder and CEO of Giotto, admitted the models did inherit some Kimi weights, but stressed the team had conducted retraining and added self-developed inference-time computing (TTC) technology. He provided no details on the specific Kimi version used or which exact weights were inherited. More ironically, Podestà himself published an article titled "Open Source is a Trojan Horse" on October 19, criticizing Europe for packaging open-source models as "sovereign AI", noting such moves often amount to another form of dependency on external parties. Just 8 days later, he was caught doing the exact same thing – a clear case of the pot calling the kettle black. This is not an isolated incident. On September 2, Spanish AI firm Multiverse Computing promoted its Quasar 438B as "Europe's leading AI model", but omitted the model's base architecture in its launch announcement. It was only the next day that a technical post clarified the model was actually compressed and optimized based on Zhipu AI's GLM-5.2.

Public blockchain Zilliqa has issued an update on its recent security incident, noting that its investigation with an external cybersecurity firm is still ongoing. The protocol confirmed that ZRC2 proxy contracts used by X-Bridge and some liquidity pools were compromised, with affected tokens including zUSDT, SEED, kUSD and Zoge. Native ZIL and the Zilliqa EVM network were not impacted. X-Bridge remains suspended, and the official advised users not to use X-Bridge or related liquidity pools until further notice. The team is rotating all operational keys and collaborating with exchanges and law enforcement agencies. Additionally, Zilliqa announced that CEO Alexander Zahnd has resigned voluntarily; the board of directors has taken direct control, and is being supported by an external consulting firm specializing in cybersecurity and governance until a permanent management team is formally appointed.

According to GMGN market data, high-market-cap meme coins in the Robinhood ecosystem have seen a notable rebound, as follows: PONS’s market cap rose to $296 million, up 24.01% over 24 hours; CASHCAT’s market cap recovered to $101 million, up 11.42% in 24 hours; Artificial Inu (AI) hit a market cap of $71.8 million, up 33.97% in 24 hours; ORBIO’s market cap rebounded to $30.51 million, up 25.38% in 24 hours; BONER’s market cap climbed to $19.52 million, up 45.71% in 24 hours; HOOKR’s market cap recovered to $17.71 million, up 15.72% in 24 hours. BlockBeats reminds users that most meme coins lack real utility, exhibit high price volatility, and caution is required for investments.

According to an official announcement, Bitget has listed rAURE (Aurelion) for spot stock trading. As of now, the Bitget platform supports a total of 3,031 spot stock rTokens.

According to Bitget market data, the intraday gain of the Hang Seng Tech Index expanded to 2%, MINIMAX-W (00100.HK) climbed 7.6%, and Zhipu (02513.HK) rose 4.6%.