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A crypto whale who shorted Changxin Technology two months ago has begun implementing stop-loss measures, with estimated losses totaling $10.84 million.

58 minutes ago

According to YuEmber Monitoring, a whale started taking stop-loss on its short position in CXMT two months after opening it, with an estimated total loss of $10.84 million, including $5.24 million in funding fees. The address shorted 2.9 million shares of CXMT at $6.5 per share (valued at approximately $18.85 million) on the day before the chipmaker’s listing at the end of July. It has now begun planning to cover 2 million shares of its short position via the Time-Weighted Average Price (TWAP) method, worth around $17.04 million.

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OpenAI: Apple’s integration of ChatGPT has underperformed expectations, with subscription conversions falling short of projections.

UK’s Financial Times, citing recent court documents, reports that after Apple integrated ChatGPT into Apple Intelligence, OpenAI found the number of new weekly active users fell short of expectations, prompting it to revise down its growth forecasts. By summer 2025, OpenAI internally viewed this integration as “clearly falling short of expectations.” The documents show ChatGPT is set to default off in Apple Intelligence, requiring users to manually enable it, a factor that may have limited its actual usage. While users can access ChatGPT via Siri and the system’s writing tools, Apple controls the entry point for AI features, how they are accessed, and subsequent model selection. OpenAI had previously expected to leverage iPhone’s massive user base to expand ChatGPT’s reach and drive more users to convert to paid subscribers, but actual subscription conversions also fell short of projections. The documents do not disclose specific figures for new users or subscriber counts. This year, Apple chose Google Gemini as the model base for its new version of Siri AI, further highlighting Apple’s control over core AI entry points. The related disclosures come from court documents in a lawsuit between Apple and OpenAI, reflecting OpenAI’s stance in the litigation, not the public operating data released by either company.

13 minutes ago

Binance will support the Injective network upgrade and hard fork, and will suspend deposits and withdrawals starting at 22:00 today.

Binance announced that it will support the Injective (INJ) network upgrade and hard fork, and will suspend INJ token deposits and withdrawals starting at 22:00 Beijing time on September 24. The upgrade is scheduled to take place at block height 184,394,000, and is expected to complete around 23:00 Beijing time on September 24. INJ spot trading will remain unaffected during the upgrade. Binance stated that it will handle the relevant technical work, and will reopen deposits and withdrawals once the upgraded network stabilizes, with no separate announcement to be made for this process.

13 minutes ago

Viewpoint: The halving of LLM token prices does not signal a weakening in AI demand; the GPU computing power rental market remains robust with strong demand.

Professional data firm Silicon Data published a report noting that the market has recently frequently cited its LLM Token Index as a basis for bearish bets on AI trading, but the index’s decline does not signal a weakening of AI demand or model-layer profits. Silicon Data explained that its LLM Token Index measures the actual price paid per million tokens by API users in its sample — referred to as the "usage-weighted price" — rather than token volume or total spending. The index fell 52% from $2.07 on May 28 to $1 on September 21, but had risen 67% between January and its May peak, meaning price movements alone cannot serve as a direct indicator of AI industry sentiment. The firm pointed out that the recent index decline mainly reflects more tasks being allocated to cheaper, faster models, while AI labs continue rolling out additional mid-tier models. Since tokens do not fully represent AI capabilities, the index also cannot distinguish between model substitution and more efficient agent routing on its own. By contrast, the GPU computing power rental market still shows strong demand. Silicon Data’s data shows that rental prices for H200 GPUs at non-hyperscale cloud providers rose from an average of $2.87 in June to $3.29 currently, hitting $3.32 on September 19; B200 GPUs now trade at $5.76, up 7% year-over-year and 31% year-to-date; B300 GPUs have risen 44% since their launch at the end of April. Silicon Data believes that with the large-scale adoption of agents, the vast majority of tokens in the future will likely come from cheap, fast models, so token prices can continue to decline while total token volume still grows significantly. The firm added that truly high-value tasks will likely remain concentrated on frontier models, and the widespread adoption of AI means demand for computing power could be "more, not less".

13 minutes ago

Bitget adds 462 stock spot rTokens, including those for GoPro and Braze.

According to an official announcement, Bitget has listed 462 stock spot rTokens including rGPRO (GoPro), rHSAI (Hesai), rBRZE (Braze), rALRM (Alarm.com), and rZLAB (Zai Lab), covering multiple sectors such as information technology, healthcare, and utilities. As of now, Bitget’s platform supports a total of 2,601 rTokens. It is understood that rTokens, marked by the format of the letter "r" plus the stock ticker (e.g., NVIDIA’s is rNVDA), are issued by Reality, Bitget’s licensed Real World Asset (RWA) protocol, and directly connected to global liquidity pools including the Nasdaq and New York Stock Exchange via a partnership with regulated broker Alpaca. The key features of these rTokens include: 1:1 reserve backing of underlying assets held by licensed custodians; stock dividends distributed 1:1 in token form; support for synchronized mapping of corporate actions such as stock splits and consolidations; and holdings can be used as combined margin for unified accounts and USDT-denominated contracts, enabling users to flexibly manage their funds while holding global stock assets.

13 minutes ago

Meta integrates Muse into its AI glasses: What you see, the agent handles it directly.

Beating AI News Flash: Meta announced it is integrating its personal AI agent Muse into its line of AI glasses. Users can now directly call out to Muse via the glasses to assign tasks; Muse will execute them in the background and notify users of results upon completion, eliminating the need to constantly pull out a phone. Muse’s capabilities extend far beyond answering questions: it can guide users through personalized training, log meals and analyze their nutrition, book services, check flight prices, purchase desired items on demand, or source needed parts online while users are driving or cooking. Previously, Meta’s glasses integrated Muse Spark, which was primarily tasked with understanding what users see, answering questions, and offering suggestions. This integration brings the full Muse agent, which can connect to calendars, shopping services, and convert a single voice command from the glasses into a background task. Meta has also drastically expanded its AI glasses product line. By the end of the year, Ray-Ban, Oakley, and Meta Glasses will collectively offer over 100 styles. The newly launched Ray-Ban Meta Audio model even removes the camera entirely, retaining only audio and AI functions, with a maximum battery life of 12 hours per charge. The glasses are shaping up to be Meta’s all-day gateway for Muse.

13 minutes ago

Hong Kong's government is reportedly planning to issue multi-currency digital bonds equivalent to up to HK$20 billion.

According to people familiar with the matter, the Hong Kong government plans to raise between HK$150 billion and HK$200 billion (US$19 billion to US$26 billion) by issuing multi-currency digital green bonds, a transaction that would be the largest of its kind globally. The sources noted that the bonds are denominated in U.S. dollars, Hong Kong dollars, euros, and offshore renminbi, and could be priced as early as next Monday. The sources requested anonymity due to the undisclosed information involved. The Hong Kong government has mandated several banks to arrange a series of fixed-income investor meetings this week.

13 minutes ago

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