Ouinex is eliminating commissions on derivatives, shifting to spread-based revenue to challenge crypto’s “retail slaughterhouse” dynamic where structural costs disadvantage individual traders. By sourcing liquidity from institutional TradFi partners, the platform claims tighter spreads and lower all-in costs than competitors—a testable claim as the perpetuals market intensifies.
Anthropic accuses Alibaba of running the largest AI model extraction campaign ever, with nearly 25,000 fraudulent accounts generating 28.8 million interactions with Claude to train a competing model. The scale dwarfs previous extraction attempts from DeepSeek, Moonshot AI, and MiniMax combined, prompting calls for stronger export controls and IP protections.
China sentenced a man to death for laundering $7 million in drug proceeds through cryptocurrency, signaling Beijing’s hardline stance on virtual currency in criminal activity. The case reflects a broader crackdown, with over 1,200 people charged with drug-related money laundering as authorities treat crypto as integral to the offense itself.
When Binance co-founder Yi He accused someone of impersonating her to scam Justin Sun, collateral damage hit smaller exchange CoinUp—its CPX token crashed as users questioned the connection. CoinUp denied any ties to the accused, but a denial from a smaller platform carries little weight against accusations amplified by high-profile figures in crypto’s volatile landscape.
Japan committed $2.3 trillion to AI and semiconductors through 2040, while China’s humanoid robot shipments are accelerating faster than forecasts—50,000 units expected in 2026 versus initial estimates of 14,000. The gap between long-term planning and rapid execution may determine who leads the next industrial revolution.
A team of AI researchers from Anthropic, OpenAI, and Google DeepMind has raised $200 million at a $1 billion valuation without shipping a product, signaling how frontier talent now commands Series B-level valuations at the seed stage. The company aims to build AI systems that accumulate deep domain expertise, competing in a funding environment where investor bets increasingly rest on team pedigree rather than traction.
Standard Chartered’s $3,500 AAVE price target by 2030 assumes $2.7 trillion in tokenized assets flowing through DeFi, with Aave capturing dominant lending volume. The forecast hinges on regulatory clarity and whether institutional initiatives like Aave Horizon can scale past current friction points.
Russia’s central bank is paying banks to process payroll through its digital ruble network—a subsidy revealing demand-generation struggles for infrastructure launched years behind schedule. The move mirrors China’s digital yuan rollout, where government incentives failed to drive meaningful retail adoption despite mandatory acceptance requirements.
Anthropic accuses Alibaba of running the largest known campaign to extract Claude AI capabilities using 25,000 fake accounts across 28.8 million exchanges. The operation targeted Mythos Preview-level performance—the exact system deployed by US military and intelligence agencies—raising national security concerns beyond typical IP disputes.
Kalshi is in talks to raise capital at a $40 billion valuation, nearly doubling its $22 billion Series F valuation from seven weeks ago. The surge reflects investor appetite for regulated derivatives infrastructure, particularly crypto perpetual futures that generated $5.5 billion in volume within two weeks of launch.
