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Coinbase fine-tunes Qwen3.5-9B with internal data, its anti-fraud performance outperforms leading large models.

1 hours ago

Coinbase CEO Brian Armstrong announced on social media that the company fine-tuned the open-source model Qwen3.5-9B using its proprietary internal data, resulting in a model that outperforms leading large language models (LLMs) specifically on anti-fraud tasks, while being lower-cost and faster. Relevant charts show the post-trained model significantly outperforms both the unadapted version and the Opus 4.5 decision agent on metrics including accuracy, recall, F1 score, and dollar-weighted recall; its median online inference latency is approximately 55% lower than Opus 4.5. Armstrong noted that while leading LLMs are excellent general-purpose tools, specialized fine-tuned models will increasingly prevail for narrower tasks, whether operating independently or in collaboration. Coinbase is simplifying the fine-tuning process for internal staff, has rolled out one-click launch commands in its internal tools, and some backend services may eventually be fully replaced by such architectures.

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Hong Kong-listed new energy vehicle stocks rose at the opening of trading.

According to Bitget market data, Hong Kong-listed new energy vehicle stocks rallied at the start of trading. Leapmotor gained over 6%, Geely Automobile rose more than 5%, Nio and XPeng Inc. climbed nearly 5%, Seres Group advanced over 3%, while BYD Company Limited and Li Auto each rose more than 2%.

4 minutes ago

Ethereum Foundation Moves 4,393 $ETH ($11.13M) to Kraken, Wallets Hold 10-Year Gains

Is the #EthereumFoundation dumping $ETH again? 2 wallets linked to the #EthereumFoundation deposited 4,393 $ETH ($11.13M) into #Kraken 5 hours ago. These wallets originally received 59,751 $ETH from the #EthereumFoundation 10 years ago, when the price of $ETH was only $0.9.

4 minutes ago

South Korea's KOSPI index extended its intraday decline to 3%, with SK Hynix falling 4.2%.

According to Bitget market data, South Korea’s KOSPI index has widened its intraday decline to 3%. SK Hynix fell 4.2%, while Samsung Electronics dropped 2.6%.

4 minutes ago

Ansem: Altcoin sentiment and positioning are at historical lows, potentially offering the most asymmetric investment opportunity.

Renowned crypto trader Ansem stated that the crypto market has posted the worst cross-asset performance in history over the past few years, driven by factors including the exodus of AI talent, lack of innovation after the DeFi boom, and an unprecedented multi-trillion-dollar revaluation of gold, compounded by one of the most severe altcoin liquidation days in history. Currently, institutional and retail investor sentiment and positioning in altcoins are at multi-year lows, even historic lows, and for this momentum-driven asset class, the only direction left is upward. Ansem further noted that the crypto industry is seeing its first altcoins in history with characteristics including minimal VC unlock pressure, genuine product-market fit, and a shifting positive regulatory environment. The industry has moved past the "spray and pray" model; tokens that actually secure capital inflows will rally rapidly, making crypto assets right now one of the most asymmetric investment opportunities for allocators to seize.

4 minutes ago

Binance to Support Micron’s Dividend Distribution via bStocks

Binance will support cash dividend distributions for Micron Technology (MU) via its bStocks service. The exchange will suspend the 1:1 conversion between MU stocks and MUB bStocks, along with MUB’s deposit, withdrawal and conversion functions, at 23:30 UTC on October 13, 2026. All services will automatically resume after the dividend is allocated. Dividends generated from other accounts will be credited to users’ spot accounts.

4 minutes ago

South Korea’s KOSPI index extended its intraday decline to 2%, with SK Hynix down 3.2%.

According to Bitget market data, South Korea’s KOSPI index has extended its intraday decline to 2%. SK Hynix fell 3.2%, while Samsung Electronics dropped 1.9%.

4 minutes ago

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