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More →OKX founder Star: We will build a global fintech platform.
According to CoinWorld news, OKX founder and CEO Star delivered a keynote speech at the OKX NOW Global Product and Ecosystem Conference held in Singapore, stating that the exchange is OKX's starting point, not its endpoint. He believes that the internet, crypto technology, and AI are driving financial services toward globalization, real-time operation, and personalization, and that OKX will build a next-generation global fintech platform around four major directions: fund custody, payments, investment, and wealth management. Star said that crypto finance and traditional finance are accelerating their integration, and OKX will continue to invest in global compliance infrastructure and enhance transparency through regular proof-of-reserves. Meanwhile, Deloitte has become OKX's global auditor. Star also mentioned that AI has become OKX's core infrastructure, with approximately 95% of engineering code merge requests having their main development work completed through AI workflows, and that in the future AI will be widely applied in scenarios such as customer service, anti-fraud, user protection, compliance, and wealth management.
World Bank: Asia has insufficient buffer space to cope with oil price shocks.
World Bank: Asia's buffer space to cope with oil price shocks is already insufficient. The World Bank's "East Asia and Pacific Economic Outlook" released on Tuesday pointed out that as the U.S.-Iran war pushes up global energy prices, economies in East Asia and the Pacific have taken more active response measures than other regions and are also more reliant on subsidies. This approach may be "unsustainable," and it is expected that Middle Eastern oil exports will not recover to pre-conflict levels until mid-2027. The report said: "If this shock is persistent rather than temporary, these measures may delay necessary behavioral adjustments, while also increasing fiscal costs and reducing foreign exchange reserves." Citing Indonesia, Thailand, and Vietnam as examples, the World Bank pointed out that all three countries have taken measures to lower retail gasoline prices, and their U.S. dollar reserves have decreased by 15% to 40% this year. At present, the impact of energy risks is still being offset by what the World Bank calls an "AI tailwind."
BTC perpetual contract open interest totals 15.421 billion USD
According to data from Bijie.com: under the statistical methodology of selected mainstream platforms, the total notional open interest of BTC USDT-margined perpetual contracts is 15.421 billion USD.
A certain address has accumulated 158,780 HYPE tokens purchased from Coinbase Prime, worth approximately $13.08 million.
CoinWorld data: According to onchain lens monitoring, a certain address has accumulated 158,780 HYPE worth approximately $13.08 million from Coinbase Prime over the past month. The address recently bought and withdrew another 54,020 HYPE worth approximately $5.13 million from Coinbase Prime.
Norway plans to temporarily ban AI smart glasses in public places.
CoinWorld news, the Norwegian government has announced plans to temporarily ban AI smart glasses in certain public and sensitive locations, mainly due to privacy concerns, especially the possibility that these devices could record others without their knowledge. The proposal would cover places such as parks, beaches, museums, shopping malls, and public events, and may also include schools, kindergartens, playgrounds, medical institutions, and changing rooms. Norway's Minister of Digitalisation and Public Administration, Torgeir Mikalsen, said, . Norway's data protection authority has also called on the government to consider more specific rules, including restrictions on where the devices may be used and safeguards for biometric recognition.
ETH liquidation pressure: watch $2,557.9 to the downside and $2,815.05 to the upside.
CoinWorld data: ETH is currently priced at approximately $2,706.78. If the price falls by about 5.5% to around $2,557.9, some high-leverage long positions may face concentrated liquidations; if the price rises by about 4% to around $2,815.05, some high-leverage short positions may face concentrated liquidations. The upper liquidation zone is currently closer to the spot price, meaning that if the price moves upward, short liquidation pressure may emerge sooner. Other notable zones: downside at $2,530.83 and $2,476.7; upside at $2,821.81 and $2,977.45. These levels are estimated based on public market prices and changes in open interest, and do not mean the price will necessarily reach them, nor are they predictions of price direction. Compared with the same-caliber snapshot 24 hours ago, this is down 0.63%.
Copper prices rose during Asian morning trading.
Copper prices rose during Asian morning trading. ANZ Research analysts noted in a report that the base metals sector is being supported by gains in U.S. tech stocks and supply concerns. They added that, given the enormous demand for copper from data centers and power infrastructure, copper is one of the main beneficiaries of the AI investment boom. The analysts also pointed out that supply-side issues persist, including a decline in Chile's copper output in August.
Kuaishou's Kling AI is said to have selected CICC, Goldman Sachs, and UBS to provide underwriting services for its Hong Kong IPO.
KuaiShou's Kling AI is reported to have selected CICC, Goldman Sachs, and UBS to provide underwriting services for its Hong Kong IPO, planning to list in Hong Kong as early as next year and raise at least $1 billion.
Singapore-based data center operator DayOne (DODC.US) files for a U.S. listing, with valuation potentially reaching $20 billion.
According to CoinWorld news, Singapore-based data center operator DayOne (DODC.US) has applied for a U.S. listing, with its valuation potentially reaching $20 billion. Singapore-headquartered data center operator DayOne Data Centers submitted an F-1 registration statement to the U.S. Securities and Exchange Commission (SEC) on Monday, planning an initial public offering of American Depositary Shares (ADS) on the Nasdaq stock market under the ticker symbol "DODC." DayOne plans to use the IPO proceeds to develop and build new data center projects, as well as for working capital and other general corporate purposes. DayOne has not yet disclosed the size of the offering, though earlier reports said the company plans to raise up to $5 billion, with a potential valuation of up to $20 billion.
The long-short account ratio for ETH contracts is 2.5.
Bjie.com data: The ETHUSDT 4-hour long-short account ratio is 2.5, with more net long accounts than net short accounts. Compared with the same-caliber snapshot 24 hours ago, it rose by 0.0182.