GLM-5.3 Flash slashes prices once more: its API is 50% off for two weeks, with output costing just $0.25 per million tokens.

According to Lookonchain monitoring, a wallet cluster suspected to be linked to Sakolkorn Sakavee, co-founder and former chairman of Bitkub, lifted privacy protections and transferred a total of 34,100 ZEC to Hyperliquid over the past 24 hours, worth approximately $26.1 million. The address subsequently sold 24,100 ZEC valued at around $18.5 million and bought 238 BTC. As of now, roughly 10,000 ZEC remain on Hyperliquid, worth about $7.6 million, with related sell orders priced at approximately $780. Note: This is only speculation on wallet associations by an on-chain data analytics platform; no official information has confirmed that these addresses belong to Sakolkorn Sakavee.

Beating AI Express: Qualcomm has launched Qualcomm Intelligent Multimedia SDK (IMSDK) 2.0, a unified AI and multimedia development framework for Qualcomm Dragonwing and Linux edge platforms. Designed to simplify integration of functions including cameras, audio/video, sensors, AI inference, and cloud connectivity, the SDK aims to accelerate the commercialization of products such as smart cameras, robots, drones, and industrial AI solutions. IMSDK 2.0 adds new features including Python and C++ Pipeline APIs, an application builder, generative AI inference, containerized microservices, AI programming agent capabilities, and "docs-as-code" functionality. Developers can switch AI models without rebuilding the entire multimedia pipeline via multiple inference runtimes such as QAIRT, ONNX Runtime, and TFLite. Qualcomm states that IMSDK 2.0 is built on the GStreamer architecture, paired with hardware acceleration plugins, zero-copy data transfer, and multi-stream, multi-model pipeline capabilities, supporting applications like visual AI, LLMs/VLMs, audio AI, and text-to-image. Its containerized microservices cover inference, analytics, and platform services, and support enterprise-grade connectivity with Kafka, MQTT, AWS IoT, Azure IoT, etc. Additionally, the SDK introduces AI programming agent skills that assist developers in completing pipeline configuration, model integration, compilation, debugging, and deployment via natural language. Qualcomm adds that the SDK is already being utilized by enterprises including Samsung, Amazon, and Bose for related product development.

An Ethereum developer has proposed a new Ethereum Improvement Proposal (EIP) draft that aims to restructure the existing validator deposit contract, paving the way for the Ethereum staking system to transition to post-quantum cryptography. The proposal plans to replace the contract’s fixed BLS key structure with support for variable-length keys and credential data, with a single entry capped at 8192 bytes, and requires each deposit to specify the "credential scheme" used. Currently, only Scheme 0 is defined, corresponding to the existing BLS signature system; future EIPs can further establish post-quantum validator key standards. The new contract will also introduce three states: "Disabled", "BLS Enabled", and "BLS Permanently Retired". Once a system call triggers the BLS Retired state, new validator staking using the existing BLS scheme will be permanently prohibited and cannot be reactivated. The proposal remains in draft stage and is pending review by EIP editors; the contract address, deployment code, and activation time have not been finalized, and its implementation will require coordinated upgrades between Ethereum’s consensus layer and execution layer. One of the proposal’s authors, Thomas Coratger, noted that post-quantum cryptography is not a straightforward software upgrade. Current Ethereum research prioritizes hash-based signature schemes, whose stateless version has a signature size of roughly 8KB—closely matching the new contract’s 8192-byte cap. The Ethereum Foundation previously established a post-quantum security team. Relevant research indicates that over 65% of ETH is currently held in addresses with on-chain-exposed public keys, and the potential threat of quantum computing to the existing elliptic curve signature system is increasingly becoming a long-term security concern for Ethereum.

Insight Beating AI News Flash: After the launch of GLM-5.3 Flash, Zhipu AI confirmed a previously undisclosed detail: all inference computing power for Ox Alpha during its anonymous testing phase came from domestically produced Chinese AI chips. Ox Alpha processed 23.2 trillion tokens in just six full calendar days after going live on OpenRouter, more than twice the throughput of DeepSeek-V4-Flash over the same period. OpenCode previously even claimed its backend can provide a daily free quota of 100 trillion tokens. Zhipu AI noted that it has optimized end-to-end inference performance on the same domestic Chinese hardware to three times its original level, and its current hardware efficiency and per-token cost are nearly on par with mainstream NVIDIA GPUs. SemiAnalysis specifically singled out this fact. Earlier, when the public saw the daily 100 trillion token supply capacity, they wondered if such a scale could only be supported by top-tier labs and NVIDIA GPUs. It turns out that all operations here were entirely powered by domestically produced Chinese chips from start to finish.

Beating AI Express News: Despite being the traditional off-season for copper consumption from July to August, the scrap copper market in Taizhou, Zhejiang has seen exceptional activity. Prices of some high-quality scrap copper have exceeded 90,000 yuan per ton, even hitting 100,000 yuan per ton. Market demand has surged two to three times compared to earlier periods, with some goods pre-booked by clients before even being processed. Recycled copper enterprises are also operating at full capacity. Zhejiang Judong Co., Ltd. plans to raise its recycled copper production capacity to 100,000 tons this year, and is currently operating at almost full capacity, with orders booked for about a month ahead. Data shows that the copper spot price index of the Shanghai Nonferrous Metals Exchange rose by 31% in the first half of this year; from February to August, COMEX and LME copper futures rose by 52% and 58% respectively. Industry insiders believe that the core driver of this round of copper price hikes remains supply-demand mismatch: shrinking overseas copper mine output and rising raw material costs have slowed supply growth, while AI computing centers, power grids, and new energy infrastructure continue to generate new copper demand. As the traditional peak consumption season arrives from September to October, whether the supply-demand gap will further widen remains a key point of attention. However, analysts caution that the rapid rise in copper prices has already exerted significant pressure on downstream processing enterprises, with demand not transmitting smoothly, meaning the upward momentum of this round may have entered its mid-to-late stage. In the medium and long term, the progress of global copper mine resumption and the pace of AI demand realization will be the two main lines determining copper price trends.

According to a Wall Street Journal (WSJ) report, as stablecoins accelerate their penetration into payment and financial systems, traditional banks that once actively lobbied to restrict stablecoin development are starting to shift their stance. Some large banks have begun researching or advancing their own stablecoin initiatives to counter competitive pressure from crypto firms and non-bank giants. The report notes that JPMorgan Chase recently evaluated the possibility of issuing its own stablecoin, though no formal product plans have been finalized yet. Meanwhile, more than a dozen financial institutions, including Bank of America, Wells Fargo, and Santander, are advancing a global stablecoin project, which will initially focus on a U.S. dollar stablecoin before expanding to the euro and other G7 currencies, primarily serving commercial clients. Additionally, the BankChain Alliance—comprising 39 state banking associations and approximately 3,000 banks—plans to launch a bank-owned and governed blockchain platform in the first half of 2027, supporting both tokenized deposits and stablecoins. Banks previously leaned toward developing tokenized deposits, as these retain the regulatory, accounting, and credit risk frameworks of traditional bank deposits and keep funds within the banking system. However, as non-bank institutions including Visa, BlackRock, and Google have all entered the stablecoin market, the banking sector has grown concerned that stablecoins could erode traditional deposit and payment businesses, and has increasingly come to view issuing stablecoins as a potential defensive strategy.