News linked to this event type.
Odaily News Alibaba Group's open-source large model family Qwen has surpassed 3 billion cumulative global downloads over the past six months, exceeding competitors including Meta and Alphabet to become the most-downloaded open-source AI model to date. Alibaba stated that the Qwen series has open-sourced over 460 models, with more than 300,000 derivative models in the ecosystem. According to Hugging Face's "State of Open Models" report, Google models recorded approximately 418 million downloads in 2026, while Meta saw around 227 million. The report noted that Qwen has become one of the "default workflows" for developers when fine-tuning and deploying models, positioning Alibaba as a key foundation in the open AI ecosystem. (Bloomberg)
Microsoft Excel's COPILOT function will cease support on September 14. This feature allows users to describe requirements in natural language and invoke Copilot to generate results. It was tested for Frontier and Insider users in August last year and was originally planned to launch in January 2027. Microsoft decided to deprecate it because Copilot already has multiple interaction entry points, such as floating action buttons and sidebars, and does not recommend users use this function for numerical calculations.
According to a post by MicroStrategy founder Michael Saylor, MicroStrategy has upgraded the dashboard for four preferred stock products: STRC, STRD, STRK, and STRF, adding metrics such as Bitcoin rating, after-tax effective yield, and one-year Sharpe ratio. These new tools can be used to evaluate the yield levels, credit quality, downside protection, and risk-adjusted returns of the relevant products.
Odaily News: According to Bitget's official announcement, the platform has officially launched the Stock+ US stock margin trading service. Users can access this feature by simply opening a Bitget Stock+ account. The initial offering supports margin trading for over 3,800 targets and short selling for over 2,300 targets (currently only supporting short selling of ETBs), with leverage of up to 3x. Among these, the annual interest rate for margin trading is 5%; during the promotional period, the annual interest rate for short selling is as low as 0%.The launch of this product further enriches the US stock trading scenarios available under Stock+. Users can engage in margin trading by using securities or assets in their accounts as collateral to borrow funds to purchase securities; they can also borrow securities to sell short, and later buy them back to return after the stock price declines, thereby meeting the needs of two-way trading (long and short) and improving capital efficiency.
According to crypto.news, Reform UK leader Nigel Farage was re-elected as an MP with 63.34% of the vote in the Clacton by-election, and the UK Parliamentary Standards Commissioner subsequently reopened an investigation into his undeclared financial interests. The investigation covers two items: first, personal payments of approximately $6.7 million (approximately £5 million) received from Christopher Harborne, a billionaire investor and shareholder of stablecoin issuer Tether; second, benefits provided by long-term advisor George Cottrell, including drivers, security, social media staff, and a five-story luxury mansion in London. Farage previously denied wrongdoing on the grounds that the "gifts occurred before taking office as an MP," and resigned in July this year, causing the investigation to be suspended. After this re-election, he must redeclare financial interests within one month, and disclose registrable interests received within the 12 months prior to the election. Meanwhile, UK Labour Party MPs are pushing to upgrade the temporary ban on crypto political donations into permanent legislation.
According to Ming Pao, the Hong Kong Police announced that Hong Kong recorded a total of 20,613 fraud cases in the first half of 2026, involving losses of approximately HK$3.5 billion. Among these, there were 2,151 investment fraud cases, accounting for about one-tenth of the total cases, involving losses of approximately HK$1.65 billion. The case with the highest single loss involved cryptocurrency; the victim transferred crypto assets worth approximately HK$84.79 million to digital wallets designated by the scammers in stages, and eventually discovered the fraud when unable to withdraw the so-called investment returns. The Hong Kong Police also updated the progress of the JPEX case; currently, reports from approximately 2,800 victims have been received, involving amounts exceeding HK$1.6 billion; since 2023, a total of 81 people have been arrested, of whom 29 have been charged, involving charges such as conspiracy to defraud, money laundering, and perverting the course of justice.
据 Solana Company（NASDAQ: HSDT）官方公告，公司公布 2026 年第二季度财务业绩。本季度实现营收 250 万美元，同比大幅增长，主要由 SOL 质押收入驱动，上半年累计营收达 610 万美元。毛利率约 97%。 运营层面，公司完成东京首个机构验证器集群部署，推进 Pacific Backbone 亚太基础设施扩张计划；与 Jito 基金会达成战略合作；与哈萨克斯坦阿拉套市签署区块链基础设施合作备忘录；完成 PoNS 医疗设备遗留业务剥离，获得 310 万美元出售收益；并向全球机构投资者完成定向增发，净募资 790 万美元，由未来资产领投、HashKey Capital 参投。 财务方面，本季度净亏损 3030 万美元，每股亏损 0.38 美元，亏损扩大主要源于数字资产已实现亏损 2540 万美元及 PoNS 剥离相关遣散费 680 万美元。截至 2026 年 6 月 30 日，公司总资产为 1.761 亿美元，其中长期数字资产及质押仓位合计约 1.473 亿美元。
According to Bitget's official announcement, the platform's Stock Dual Investment products are officially launched, initially covering over 20 popular US stocks and ETF-related underlying assets, including rNVDA, rTSLA, rAAPL, rMETA, and others. This upgrade adjusts the product settlement time to 23:30 (UTC+8), better aligning with market trading hours following the US stock market open. In addition, Bitget is simultaneously launching two limited-time campaigns. During the campaign, new users who participate in Bitget Dual Investment for the first time and complete designated tasks such as net deposit will have a chance to receive Dual Investment trial funds rewards, up to 3,000 USDT; the campaign ends on August 21. Meanwhile, purchasing Dual Investment products during the campaign can also earn limited edition merchandise such as Bitget camping kits and commemorative gold coins; the campaign ends on August 28. For more details, please visit the Bitget official website.
According to the official announcement, Bitget has listed 6 stock perpetual contracts: ZHONGJI (Zhongji Innolight), HANMI (Hanmi Pharmaceutical), LGELECTRONICS (LG Electronics), NAVER (NAVER), SAMSUNGEM (Samsung E&A), and KR200 (KOSPI 200 Index). All the above contracts are settled in USDT, supporting up to 20x leverage and 7×24-hour trading. As of now, Bitget supports a total of 278 stock contracts. For more details, please refer to the official Bitget platform.
The X platform announced further enhancements to algorithm transparency, officially open-sourcing the code relevant to the exposure ranking of posts in the "For You" recommended timeline, and launching new transparency tools that enable users to check whether their accounts or posts have been assigned labels that may limit visibility. X stated that this move aims to enable users to determine for themselves whether the platform restricts their content distribution, whether the recommendation system is fair, and why they see specific content. The two features released this time were described by X as "complementary pieces of a puzzle": the open-source code demonstrates the generation mechanism of the "For You" timeline, including content tags affecting post exposure and their functions; the transparency tool allows users to check whether their own accounts or posts have restriction labels affecting visibility. It is reported that this feature is still in the pilot phase and is available only to randomly selected eligible accounts. Initial test subjects include users who have been registered for over a year and have posted more than 10 times in the past month. X plans to gradually expand coverage based on user feedback. Third-party recommendation system experts have been invited to review and test this code release in advance to ensure information disclosure is clearer and more practical. The company stated that going forward, as the recommendation algorithm continues to evolve, it will regularly update the relevant transparency mechanisms.
Odaily News The Office of the Comptroller of the Currency (OCC) on Friday granted initial conditional approval to World Liberty Trust Company, National Association, bringing Trump-backed World Liberty Financial one step closer to obtaining a national trust bank charter.In its letter, the OCC stated that World Liberty's charter application met certain regulatory and policy requirements, leading to the initial conditional approval. However, this does not constitute final approval, and the OCC may still rescind the approval.Earlier this year, World Liberty Financial established a new trust company with the aim of applying for a bank charter from the OCC. The company has previously stated that the charter would support its provision of services including stablecoin issuance and redemption, fiat on/off ramps, custody, and exchange. WLF currently issues the stablecoin USD1, which has a market cap of approximately $4 billion, making it the fourth-largest stablecoin after Tether and USDC.WLF CEO Zack Witkoff said on X on Friday that the company aims to build "the world's most trusted and widely used digital dollar" while strengthening the dollar's role in the global economy. Zack Witkoff is the son of Trump's Middle East envoy Steve Witkoff. Overall, this approval could further strengthen WLF's position in the U.S. stablecoin and digital asset banking infrastructure, though its political ties may continue to raise regulatory and ethical concerns.
Odaily News, Mizuho analysts lowered the price target for crypto custodian BitGo from $14 to $11, while maintaining an "Outperform" rating. At the time of the report, BitGo's stock was trading at approximately $5.61.Mizuho believes that the market generally views the delay of the U.S. crypto market structure bill, the Clarity Act, as bearish, but for BitGo, this could actually be an advantage. This is because BitGo already operates the first federally chartered digital asset trust bank owned by a public company, and its regulatory standing does not depend on the passage of new legislation.Analysts noted that the Clarity Act aims to establish a framework for the U.S. digital asset market structure and clarify the division of powers among different regulatory agencies. However, due to repeated negotiations on key issues, the bill has faced ongoing delays.In Mizuho's view, the longer regulatory uncertainty persists each quarter, the more BitGo's existing licenses and first-mover compliance advantages accumulate, and the higher the barriers for new entrants. In other words, the later regulation is finalized, the more "trusted and already licensed" becomes BitGo's core competitive strength.
Odaily News Tether CEO Paolo Ardoino, in an interview with The Block, responded to ongoing criticism from outsiders even after KPMG U.S. completed its first full financial audit. He stated that some critics are unwilling to admit their past misjudgments about Tether, adding, "Honestly, I don't care."Ardoino noted that Tether has repeatedly demonstrated its resilience. He mentioned that in 2022, Tether processed $7 billion in redemptions within 48 hours—equivalent to roughly 10% of its reserves at the time—without pausing redemptions. He argued that many traditional financial institutions would struggle to handle withdrawals of a similar scale in such a short timeframe.He also said criticism itself is not a bad thing, as it makes Tether better and stronger. Even if some critics view the company as a "villain," he does not mind as long as Tether can continue serving the 650 million users who rely on USDT, particularly those in emerging markets.According to sources familiar with the matter, Tether, as a private company, does not publicly share audited financial statements. The company plans to conduct one full audit per year going forward while continuing to publish quarterly attestation reports. Overall, the KPMG audit marks a significant step forward for Tether in enhancing transparency, but controversies surrounding its reserves, level of disclosure, and systemic impact have not fully subsided. (The Block)
The Irish Government has released its first National Anti-Money Laundering Strategy, proposing stricter scrutiny on private crypto wallet transfers and overseas crypto enterprises, with plans to implement industry standards related to cryptocurrency gambling funds in the second half of 2027.
The U.S. Office of the Comptroller of the Currency granted World Liberty Trust Co. preliminary conditional approval. The company may operate national trust banking business.
According to a post from ABFinance's official X account, ABFinance announced that its original launch plan will not proceed, and the project is currently undergoing an orderly liquidation. In the announcement, the team expressed gratitude to community members, partners, and all contributors, stating that they will always stand with their supporters. The announcement currently does not disclose specific reasons for the closure or details regarding subsequent asset disposal.
Odaily News - AMD has announced "Day 0" support for Qwen3.8 27B, the latest-generation model from Alibaba's Tongyi Qianwen (Qwen) series, enabling developers to run this large-scale open-source AI model locally on AMD hardware on the very day of its release.AMD stated that Qwen3.8 27B is a 27B-parameter intensive model suited for local AI development, continuing the Qwen series' optimization focus on code generation, practical work tasks, scientific research, and long-context AI applications. The model can run via the open-source inference framework llama.cpp on AI PCs and workstations powered by AMD processors, or on a single AMD 32GB graphics card, while also supporting AMD hardware platforms with over 24GB of variable graphics memory (VGM) or VRAM capacity.AMD's preliminary tests show that Qwen3.8 27B delivers strong local inference performance on AMD platforms: up to 24.5 tokens/second on the AMD Ryzen AI Max+ 395 processor, and up to 51.8 tokens/second on a single Radeon AI PRO R9700 GPU. The tests were conducted on Windows systems using the llama.cpp Vulkan backend with multi-token prediction (MTP) optimization enabled. AMD noted that actual performance still has room for improvement as further software and model optimizations are rolled out.
OpenAI previews the Ultrafast mode of GPT-5.6 Sol, with output speeds reaching up to 750 tokens per second, a 14-fold increase compared to before, powered by Cerebras. The two parties signed a $10 billion cooperation agreement earlier this year. The service will initially be available only to specific customers via the OpenAI API, with OpenAI planning to gradually expand access as compute capacity grows. OpenAI has already used this mode internally for incident response and plans to use speed as a new pricing lever.
Google Labs' experimental project Pomelli has launched a template upgrade, enabling users to upload images or use preset templates to generate visual assets for social media and advertising, and allowing photos to be converted into short videos or GIFs with one click via the Animate feature. The project is attracting a growing number of small business users, emphasizes simplicity and ease of use, and is currently available for free trial.
据 GlobeNewswire 报道，纳斯达克上市公司 StablecoinX Inc.（股票代码：USDE）发布截至 2026 年 6 月 30 日的第二季度财报。公司于 6 月 25 日完成与 TLGY Acquisition Corporation 的业务合并并正式登陆纳斯达克，持有约 30 亿枚 ENA 代币（截至 6 月 30 日价值约 2.184 亿美元），总资产达 2.326 亿美元。运营层面，公司去中心化验证节点（DVN）累计跨链验证量突破 30 亿美元，并于 7 月 2 日上线 StablecoinX Harness 中间件平台，完成首个企业客户签约。 Ethena 生态方面，USDe 供应量达 39 亿