Chinese mainstream financial media removed the news report on Cheung Kong's response that Li Ka-shing is still alive.

South Korea’s Financial Services Commission (FSC) and Financial Supervisory Service (FSS) have issued an investor alert on perpetual contracts traded on overseas virtual asset platforms. The authorities said they will step up monitoring of overseas platforms offering perpetual contracts linked to South Korean stocks, indices, and other assets. If illegal domestic operations such as soliciting South Korean residents to open accounts or trade are confirmed, they will take stern measures including filing complaints with investigative agencies, and demand that major relevant overseas platform operators comply with South Korean laws. South Korean authorities noted that these perpetual contracts have no expiration date, trade 24/7, and some products offer leverage of 10x to 200x. Taking a 150x-leveraged contract linked to South Korean stock indices as an example, a 0.66% reverse index fluctuation can trigger forced liquidation. Such products are not legally permitted in South Korea. Most overseas platforms are not subject to South Korean financial laws. In cases of bankruptcy, closure, unilateral trading suspensions, or system failures, resolving domestic disputes and providing investor relief becomes challenging, and domestic regulators also struggle to verify client asset custody. The authorities said they will carefully assess whether to introduce similar products domestically and the corresponding regulatory framework.

According to Bitget market data, South Korea’s KOSPI index closed up 113.82 points today, rising 2.05% to end at 5668.04 points. Japan’s Nikkei 225 index closed up 898.34 points today, gaining 1.39% to finish at 65324.29 points. Samsung Electronics rose 2.62%, while SK Hynix gained 0.79%. Additionally, South Korea’s KOSPI index fell 14.5% this week, marking its largest weekly decline since October 2008.

Beating AI Express News: Developer Henry has open-sourced the ESP32 iPhone Agent. Using just a XIAO ESP32S3 development board priced at around 40–50 yuan, paired with a mobile app, this tool enables AI to operate a physical iPhone—opening apps, tapping buttons, and swiping the screen. It requires no jailbreaking and does not rely on Apple’s XCTest testing permissions; its implementation is clever. The ESP32 creates its own Wi-Fi hotspot to act as an AirPlay screen-casting receiver. The iPhone streams its screen to the development board, which does not handle decoding. Instead, it sends compressed video back to the Agent app on the same phone via Bluetooth. The app calls a vision model to identify the interface and determine the next action, then sends commands via Bluetooth to the ESP32, which simulates USB mouse and keyboard operations on the iPhone. To avoid tap position offsets, the system automatically calibrates the mouse pointer and adjusts its position based on the screen when needed. This solution combines screen reception and input simulation using a standard ESP32-S3, eliminating the need for dedicated video capture hardware like the NanoKVM Go. The Agent runs directly on the iPhone, while model inference relies on external APIs or self-hosted servers. Since the phone’s Wi-Fi is occupied by the development board’s hotspot, model access defaults to cellular data. Initial firmware flashing and compilation/installation of the iPhone app still require a Mac and Xcode. Limited by Bluetooth bandwidth, the streamed screen has a resolution of only 480×1040, with a maximum frame rate of 5 FPS. Each operation typically takes several seconds. Currently, touch coordinates only work with vertical interfaces, keyboard input is limited to ASCII characters, and screen casting cannot continue after the iPhone is locked.

DWF Labs said in a post that the market has not yet fully priced in the potential of the integration between artificial intelligence (AI) and the crypto sector. As agent trading and payments gradually gain traction, AI can help retail investors process more information, make decisions faster, and build their own capital management infrastructure, but relevant capital has not yet flowed into the crypto industry on a large scale. DWF Labs listed its key focus areas as follows: DePIN to address AI’s bottlenecks in data, energy, and distributed inference computing power; identity verification for an environment with a growing number of agents; and payments using crypto assets as a settlement method for AI inference services.

According to official announcements, Binance Alpha will be the first platform to list NeoSoul (DNA). Listing and trading on Binance Alpha will launch at 16:00 UTC+8 on October 16, 2026. Users holding a minimum of 245 Binance Alpha points are eligible to claim the token airdrop. Qualified users can claim 400 DNA tokens via Binance Alpha’s activity page on a first-come, first-served basis. If the activity remains ongoing, the required score threshold will automatically decrease by 5 points every five minutes. Claiming the airdrop will deduct 15 Binance Alpha points from users’ accounts. Users must confirm their airdrop claim on the Alpha activity page within 24 hours; failure to do so will result in forfeiture of the airdrop.

Beating AI News Flash: Perplexity has open-sourced SPACE, the underlying sandbox platform powering its Computer, under the Apache 2.0 license. Built on Firecracker, SPACE creates independent micro virtual machines (VMs) for each agent task. AI can gain root access to freely install software and run commands within these VMs, but cannot directly control the host machine. API keys are managed by the system outside the VMs, and all external network connections are routed through a dedicated gateway for inspection to prevent agents from accessing resources beyond their permissions. SPACE also supports long-running agent tasks: it saves the VM’s memory, runtime state, and files, allowing tasks to resume after pausing, or even fork from the same progress to test different approaches, eliminating the need to restart from scratch every time an interruption occurs. Perplexity stated it replaced its original commercial sandbox service with SPACE in July this year, and currently creates millions of sandboxes daily. Compared to the previous service, the median sandbox creation latency dropped from 185 milliseconds to 60 milliseconds, a roughly 3x speed improvement.