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Alibaba Qwen Deep Research has added one-click webpage and podcast generation features. In testing, Qwen and Gemini were tied for best accuracy; Qwen led in research depth and webpage output, while Gemini excelled in multimedia quality. Summary generated by Mars AI. The accuracy and completeness of this summary, generated by the Mars AI model, are still being iteratively improved.
The Base ecosystem prediction platform Limitless saw its token LMTS surge by 110%, with a market capitalization reaching $429 millions; MERL spot price increased by 40%, with a futures price spread of 48%; Machi suffered losses in contract trading; Giggle Academy clarified that it has not issued any tokens; Binance hired a Trump ally for lobbying; a mysterious whale increased BTC long positions; the probability of a Federal Reserve rate cut in October rose to 98.3%. Summary generated by Mars AI. The accuracy and completeness of this summary are still being iteratively improved.
Chen Zhi, a 28-year-old from Fujian, founded Prince Group, the largest real estate conglomerate in Cambodia. He was later indicted by the U.S. Department of Justice for alleged transnational online fraud and money laundering, with $15 billion worth of bitcoin seized. His fraudulent empire involved large-scale online gambling and "pig-butchering" scams, and maintained operations by bribing public officials in multiple countries. Although he enjoyed a reputation as a philanthropist and entrepreneur in Cambodia, the true nature of his business empire has now been exposed.
![[Bitpush Weekend Review] Trump nominates SEC crypto task force chief legal advisor Michael Selig as CFTC Chairman; Trump says at a private gathering that cryptocurrency could help solve the $35 trillion US debt problem; Bloomberg: Since the introduction of regulatory bills in the US, the proportion of stablecoins used for payments has surged by 70%](https://img.bgstatic.com/multiLang/image/social/6f7dc601c3d5c684dffeb2a0f54b0e661761530402644.png)
Quick Take Summary is AI generated, newsroom reviewed. Wallets tied to FalconX and Wintermute recently bought 21k SOL (~$3.9 M) and 71.5k SOL (~$12.5 M) in one transaction. SOL currently trades near ~$190, matching transaction USD conversions of ~$3.9 M for 21k SOL (≈ $185 each). 71.5k SOL equals roughly 0.015% of Solana’s ~470 million circulating supply. Hong Kong’s SFC approved the first spot SOL ETF under ChinaAMC for listing on October 27, 2025.References X Post Reference
In fact, it will take us several years to obtain a validity proof for Ethereum consensus.
- 03:00Data: "Since 10.11, a whale with a 100% win rate" has unrealized profits of over $17 million on long positions worth $338 million.According to ChainCatcher, as monitored by crypto analyst Ai 姨@ai_9684xtpa, the "whale with a 100% win rate since 10.11" currently holds long positions worth approximately $338 million, with unrealized profits exceeding $17 million. The positions include: 1,482.9 BTC long positions, valued at about $165 million, with an entry price of $110,680.1; and 40,043.81 ETH long positions, valued at about $168 million, with an entry price of $3,929.76.
- 03:00Japanese AI company Quantum Solutions increases holdings by 500 ETH, bringing total reserves to 4,365 ETHAccording to ChainCatcher, monitored by Strategic ETH Reserve (@SERdotxyz), Japanese artificial intelligence company Quantum Solutions has purchased an additional 500 ETH, bringing its total reserves to 4,365 ETH, valued at approximately $18 million.
- 02:47Korean listed company Bitplanet launches daily Bitcoin accumulation planAccording to ChainCatcher, citing Decrypt, South Korean listed company Bitplanet has launched its first daily Bitcoin accumulation plan as part of a broader effort to build a substantial capital reserve using the world's largest cryptocurrency, and has purchased the asset. In addition, the company acquired 93 Bitcoins last week. At the end of August, the company disclosed its plan to use $40 million in new funds and a rebranding to establish a treasury holding 10,000 Bitcoins. South Korea's "Basic Act on Digital Assets," which will be launched in June 2025, is expected to come into effect in 2027 and aims to set unified standards for token issuance, custody, and corporate cryptocurrency holdings. When asked what investors can expect from Bitplanet after the law is implemented, Lee stated that the company has been operating according to "a stricter interpretation of the current Financial Services Commission guidelines to ensure a smooth transition" and has been "preparing to meet or exceed" its regulatory requirements.