Xiaomi Group-W, listed on the Hong Kong Stock Exchange, surges over 8% to trade at HKD 25.54 per share.

News flash from Dong察 Beating AI: Doubao App has added a new "Life Payments" feature. When users type "pay electricity bill" or "pay water bill" in the chat box, Doubao will pop up a service card; clicking it leads to the page for settling water, electricity, and gas bills, eliminating the need to look for payment entry points in other apps. However, the feature is not available in all regions yet. Even if the service is accessible in their city, users still need to link their account number, confirm, and complete the payment – it does not support automatic deduction with just a single command. A source close to Doubao told The Paper that the app is gradually expanding service capabilities for daily affairs, including travel booking and life payments. Previously, Doubao had already integrated services such as flight tickets, train tickets, and ride-hailing.

Cardano founder Charles Hoskinson has published a post refuting Ethereum co-founder Vitalik Buterin’s views on post-quantum cryptography shared two days ago. Buterin argued that AI-driven advances in mathematical research could weaken the concrete security of lattice-based cryptography (including ML-DSA and FHE), adding that Ethereum’s lean roadmap is shifting to pure hash signatures as a result. He also recommended roughly doubling the key length for lattice-based schemes, and advised privacy protocols to place encrypted notes off-chain as much as possible. Hoskinson countered that this judgment lacks verifiable attacks and cost models. He noted that number field sieve methods cannot be simply analogized to lattice problems; the parameters of ML-KEM and ML-DSA have already accounted for decades of sieve and enumeration attacks, and quantum attacks on ideal lattices have not yet affected current modular lattice schemes. On the contrary, hashes like Ethereum’s Poseidon have stronger algebraic structures. Hoskinson further argued that abandoning the already deployed hybrid ML-KEM before any attacks emerge would instead keep traffic on classical cryptography longer, exacerbating the "steal now, decrypt later" risk.

The U.S. government deposited 17,733 $BTC ($1.48B) and 750 $WBTC ($62M) into #CoinbasePrime over the past 3 days. During this period, the price of $BTC dropped 6.9%.

Pump.fun has announced an update to its Custom Pairs feature. Previously, new tokens could only be paired with tokenized stocks or whitelisted tokens, but now they can be paired with any token issued on the platform that is either still on a bonding curve or has graduated to PumpSwap. Tokens that have graduated to Raydium and are not on the whitelist are not currently supported, with exceptions for whitelisted projects like Fartcoin. The official stated that derivative trading of past popular tokens was siphoning attention and liquidity. Under the new mechanism, when purchasing a new token paired with an existing one, funds will first be converted into the paired token before buying the new token, thereby generating buy pressure and deeper liquidity for the original token pool. Currently, pairing depth is limited to one layer, and the pairing relationships of already listed tokens cannot be modified. The platform has also adjusted the fee calculation for multi-hop swaps to prevent fees from stacking up.

Beating AI News Flash: The White House has announced a comprehensive research initiative totaling over $6 billion, covering AI, quantum computing, biological research, and talent development. Funding and resources come from the government, enterprises, universities, and philanthropic organizations. Eleven tech companies have pledged to contribute AI tools and computing power credits worth $2.4 billion to the Genesis Mission. NVIDIA has committed $1 billion in resources, AMD $500 million, OpenAI $200 million, and Anthropic and Google each $150 million. These resources will support more than 15 federal agencies in their research. The Genesis Mission, set to launch in 2025, aims to leverage AI, supercomputers, and government research data to accelerate advancements in fields including energy, healthcare, and aerospace. Other projects include the previously announced $1.8 billion virtual biology initiative, plus a $1 billion investment in research computing power and talent development pledged by the Georgia state government, enterprises, and universities.

According to on-chain analyst Ai Yi (@ai_9684xtpa), an address that has held ONDO for over a year appears to have liquidated its $4.47 million position. The address mcaavebank.eth transferred 9 million ONDO tokens to OKX six hours ago, at a unit price of $0.4963. The address had previously served as a liquidity provider for ONDO on Uniswap, while ONDO’s price ranged between $0.7 and $1.3 one year ago.