Jifeng Dai’s NaiveAI Releases First Open-Source Model: AI Participated in 6 Days of 151 Optimization Rounds

JPMorgan raises Eli Lilly (LLY.N) price target from $1,400 to $1,500.

Beating AI Express: Zhipu AI continues to resolve the ZCode code upload dispute. Existing paid users and those who returned to paid plans in the past month will receive 4 weekly reset cards and 4 5-hour reset cards, valid for one month. From September 28 to October 7, ZCode will distribute 100,000 allocations of 100 million GLM-5.3-Flash Tokens to all users. Zhipu AI stated that the repository snapshot upload pipeline has been removed, and the involved cloud data has been deleted. The open-source version of ZCode has been updated to v3.14.3, and subsequent code will not be uploaded to the cloud without the user’s active initiation. The dispute originated from ZCode’s early default-enabled Repo Wiki feature, which would upload repository content to the cloud for processing when generating code repository knowledge bases. Zhipu AI had previously cut off the relevant upload path and invited a third-party institution to verify the cloud data.

Aave founder and CEO Stani Kulechov stated in a post that Aave’s potential market size is measured by “accessible collateral assets”: the broader the range of assets eligible for collateral, the larger Aave’s potential lending market. Initially launching with crypto assets, Aave later expanded into the securities space via Coinbase’s tokenized stocks and Horizon RWA. Looking ahead, Aave will support the global transition to an “abundance economy”, covering sectors including solar energy, batteries, GPUs, robotics, and space infrastructure. This transition is set to continue through 2050, with Aave aiming to accelerate this process by a decade by providing financing for assets that fuel the growth of the “abundance economy”.

Stablecoin issuer Circle is moving to expand its stablecoin ecosystem presence in South Korea. The firm is developing a market entry strategy for the South Korean market and recruiting senior executives tasked with collaborating with financial and digital asset sectors, monitoring regulatory developments, and more, to deepen its ties with the country’s stablecoin market. Per a job posting released by Circle on September 28, the company is hiring a full-time permanent Senior Director of Ecosystem Growth in South Korea. The role requires candidates to have in-depth expertise in stablecoins, decentralized finance (DeFi), and institutional financial operations, and to research market trends across South Korea’s payments, digital asset capital markets, and institutional use cases. The position will also contribute to shaping Circle’s South Korea market entry strategy—including providing the firm’s sales and business development teams with local market and regulatory insights, and helping define business pipelines and market entry priorities based on that input. Additionally, the role will focus on building connections with South Korea’s financial and digital asset industries, sourcing market participants and ecosystem partners, and relaying South Korean market demands to Circle’s product, solutions, and operations teams.

As investors ramp up bets on further interest rate hikes by the Bank of Japan (BOJ), the yield on Japan’s two-year government bonds is approaching the key 2% threshold. The two-year JGB yield, highly sensitive to monetary policy expectations, climbed 4 basis points to 1.975% on Monday, hitting its highest level since 1995. Other JGB tenors also faced pressure, with the five-year JGB yield rising 3 basis points to 2.43%. Strategists including Nakaji Okumura of SMBC Nikko Securities wrote in a report that as politicians at home and abroad grow more concerned about the weak yen, bets on the BOJ accelerating policy tightening are heating up. They added that fiscal expansion in major economies and rising commodity prices could further reinforce market expectations that Japan will eventually need to tighten monetary policy to curb inflation.

According to official announcements, Binance Wallet now supports paying gas fees with USDT, with support currently available for BNB Chain, Ethereum, Solana, and Tron.