Institutions plan to reduce costs for Bitcoin whales moving into ETFs; BlackRock reportedly lowers the in-kind conversion threshold for its IBIT Bitcoin ETF to $1 million.

Beating AI News: Qianwen releases real-time simultaneous interpretation model Qwen3.8-LiveTranslate. The model cuts the average lag time (LAAL, a metric measuring simultaneous interpretation average delay) from 2.8 seconds of its predecessor to 2.3 seconds, and adds new capabilities including real-time speaker diarization, synchronized source and translation output, and long-context disambiguation. It can now distinguish different speakers, align translations with specific utterances, and ensure translated speech more stably retains each speaker’s voice characteristics. Source and translation texts are also returned in a synchronized stream. The model further leverages previous context to identify names, terms, and references, reducing ambiguity stemming from only processing the current sentence. API pricing remains largely unchanged versus the previous generation. Per Alibaba Cloud’s price list, the prices for audio input, image input, text output, and audio output of Qwen3.8-LiveTranslate in the Beijing region are identical to those of Qwen3.5-LiveTranslate; the four prices for the Singapore region have even decreased slightly.

According to monitoring by AI Auntie, a certain entity has bought an additional 2,086 ETH at an average price of $2,599 over the past 15 hours, totaling around $5.42 million. Since yesterday, the entity has been adding to its ETH position by selling UBTC, having purchased a cumulative 9,058.19 ETH for approximately $22.57 million at an average cost of roughly $2,492.62, with an unrealized profit of about $1.22 million at present.

SlowMist, a prominent blockchain security firm, has issued a security alert, revealing it has recently received multiple reports of FomoPeek users’ crypto assets being stolen. Following a joint investigation with OKX’s security team, the firm found that some affected users had previously installed or used FomoPeek versions 1.1 to 1.2, which contain malicious code. SlowMist noted that FomoPeek includes modules unrelated to its legitimate operations, one of which is a kernel exploit framework targeting iOS, supporting 8 distinct attack vectors that automatically select exploitation methods based on the device model and iOS version. Affected iOS versions span 12.0 to 18.7, and 26.0 to 26.1. If the exploit is successful, the app can break out of the iOS sandbox, access and decrypt Keychain data, leading to leaks of private keys, mnemonic phrases, login credentials, and other sensitive files. Additionally, FomoPeek connects to hidden servers unrelated to its public services and can receive remote commands. SlowMist added that analysis of captured plaintext traffic shows the malicious attack functions are currently active and run automatically on a regular basis. The firm advised users who have installed or used FomoPeek versions 1.1 to 1.2 to immediately check their assets for anomalies, generate new private keys and mnemonic phrases on a trusted device that never had the app installed, transfer their assets to a new account promptly, upgrade iOS to the latest version, and avoid continuing to use or reinstalling FomoPeek.

Per HTX market data, the wallet address bc1qsz associated with BIT (formerly Matrixport) has deposited an additional 1,000 BTC into Binance, worth roughly $81.06 million. On September 15, BIT (formerly Matrixport) deposited 1,400 BTC into Binance, valued at approximately $107.8 million, while withdrawing 10,000 ETH from the exchange, worth around $24.67 million.

The altcoin market remains hot, with the TOTAL3 index (total market capitalization of cryptocurrencies excluding Bitcoin and Ethereum) rising over 22% in the past 30 days, while Ethereum’s market share increased by 10.23% over the same period. According to HTX market data, in the last 24 hours: AR rallied more than 46% to a market cap of $260 million; STRK jumped over 32% to $302 million; XTZ gained more than 28% to $354 million; F rose over 27% to $20 million; SYN climbed more than 28% to $54 million; G advanced over 23% to $84 million; INJ rallied more than 23% to $732 million; ZAMA surged over 22% to $205 million; MORPHO jumped more than 18% to $1.721 billion; SKY gained over 14% to $1.671 billion.

According to Lookonchain's monitoring, two wallet addresses suspected to belong to the same whale, after being dormant for over two years, deposited 33,180 ETH into Bitfinex, valued at roughly $86.93 million. These ETH currently hold an unrealized profit of around $20.48 million.