7*24

Hot topic

Market

Activities

On May 13, it was reported that the US Producer Price Index (PPI) year-on-year for April recorded 6%, the highest since December 2022, exceeding market expectations of 4.9%.

[US April PPI Year-on-Year Hits Over Three-Year High]On May 13, it was reported that the US Producer Price Index (PPI) year-on-year for April recorded 6%, the highest since December 2022, exceeding market expectations of 4.9%.

US April PPI Year-on-Year Hits Over Three-Year High

On May 13, according to monitoring by PeckShieldAlert, the cross-chain aggregation protocol Transit Finance is suspected to have been attacked by hackers, with approximately $1.88 million in funds stolen. The stolen funds are currently concentrated in DAI form at the address '0x8a63…8abA5'.

[PeckShield: Transit Finance Suspected of Hacking Attack, Approximately $1.88 Million Stolen]On May 13, according to monitoring by PeckShieldAlert, the cross-chain aggregation protocol Transit Finance is suspected to have been attacked by hackers, with approximately $1.88 million in funds stolen. The stolen funds are currently concentrated in DAI form at the address '0x8a63…8abA5'.

PeckShield: Transit Finance Suspected of Hacking Attack, Approximately $1.88 Million Stolen

On May 13, Futu Holdings' wholly-owned licensed trading platform "Leopard Trading" announced the successful completion of on-chain transfer tests for the Hong Kong dollar stablecoin "HKDAP" on the Ethereum mainnet, in collaboration with Hong Kong licensed stablecoin issuer AnchorPoint FinTech Limited. The OSL Group also participated in this collaborative test. The test covered the entire process of converting fiat Hong Kong dollar funds into reserve assets, minting HKDAP, and completing on-chain transfers. Standard Chartered Bank provided the infrastructure and institutional trust services to ensure that all minted and transferred HKDAP tokens are fully backed by 100% reserve assets. After the test, all issued HKDAP tokens were fully redeemed.

[Futu's Leopard Trading Completes HKD Stablecoin HKDAP On-Chain Transfer Test with AnchorPoint FinTech]On May 13, Futu Holdings' wholly-owned licensed trading platform "Leopard Trading" announced the successful completion of on-chain transfer tests for the Hong Kong dollar stablecoin "HKDAP" on the Ethereum mainnet, in collaboration with Hong Kong licensed stablecoin issuer AnchorPoint FinTech Limited. The OSL Group also participated in this collaborative test. The test covered the entire process of converting fiat Hong Kong dollar funds into reserve assets, minting HKDAP, and completing on-chain transfers. Standard Chartered Bank provided the infrastructure and institutional trust services to ensure that all minted and transferred HKDAP tokens are fully backed by 100% reserve assets. After the test, all issued HKDAP tokens were fully redeemed.

Futu's Leopard Trading Completes HKD Stablecoin HKDAP On-Chain Transfer Test with AnchorPoint FinTech

On May 13, according to Xinhua News Agency, President Trump of the United States has arrived in Beijing to begin his state visit to China.

[President Trump Arrives in Beijing for State Visit]On May 13, according to Xinhua News Agency, President Trump of the United States has arrived in Beijing to begin his state visit to China.

President Trump Arrives in Beijing for State Visit

On May 13, Delphi Digital published that Strategy has been raising funds for years by issuing stock at a premium and cheap convertible bonds. Now, this window has largely closed. Common stock issuance is constrained by the market-adjusted net asset value (mNAV), new convertible bond issuance has been suspended, and STRC has become the primary financing channel. The 11.5% yield represents a cost at a lower tier of the capital structure. The repayment order of STRC is behind convertible bonds and preferred stocks, so holders are compensated for bearing the impairment risks avoided by the debt layer. Strategy is paying this spread to continue accumulating Bitcoin in the current environment while buying time for the repayment of large debts maturing in 2028.

[Delphi Digital: MicroStrategy's Bitcoin Accumulation Has Entered a Higher Cost Phase]On May 13, Delphi Digital published that Strategy has been raising funds for years by issuing stock at a premium and cheap convertible bonds. Now, this window has largely closed. Common stock issuance is constrained by the market-adjusted net asset value (mNAV), new convertible bond issuance has been suspended, and STRC has become the primary financing channel. The 11.5% yield represents a cost at a lower tier of the capital structure. The repayment order of STRC is behind convertible bonds and preferred stocks, so holders are compensated for bearing the impairment risks avoided by the debt layer. Strategy is paying this spread to continue accumulating Bitcoin in the current environment while buying time for the repayment of large debts maturing in 2028.

Delphi Digital: MicroStrategy's Bitcoin Accumulation Has Entered a Higher Cost Phase

On May 13, Futu Holdings' wholly-owned licensed trading platform, Leopard Trading, announced the successful completion of on-chain transfer tests for the Hong Kong dollar stablecoin 'HKDAP' on the Ethereum mainnet, in collaboration with Hong Kong licensed stablecoin issuer AnchorPoint FinTech Limited. The OSL Group also participated in this collaborative test. The test covered the entire process of converting fiat Hong Kong dollars into reserve assets, minting HKDAP, and completing on-chain transfers. Standard Chartered Bank provided the infrastructure and institutional trust services to ensure that all minted and transferred HKDAP is fully backed by 100% reserve assets. After the test, all issued HKDAP tokens were fully redeemed.

[Futu's Leopard Trading Completes HKD Stablecoin HKDAP On-Chain Transfer Test with AnchorPoint FinTech]On May 13, Futu Holdings' wholly-owned licensed trading platform, Leopard Trading, announced the successful completion of on-chain transfer tests for the Hong Kong dollar stablecoin 'HKDAP' on the Ethereum mainnet, in collaboration with Hong Kong licensed stablecoin issuer AnchorPoint FinTech Limited. The OSL Group also participated in this collaborative test. The test covered the entire process of converting fiat Hong Kong dollars into reserve assets, minting HKDAP, and completing on-chain transfers. Standard Chartered Bank provided the infrastructure and institutional trust services to ensure that all minted and transferred HKDAP is fully backed by 100% reserve assets. After the test, all issued HKDAP tokens were fully redeemed.

On May 13, during the Q4 fiscal year 2026 earnings call, Alibaba stated that revenue from AI models and application services is experiencing exponential growth and is becoming a new revenue engine. Wu Yongming expects that in the June quarter, the annual recurring revenue (ARR) from AI models and application services, including the Bailian MaaS platform, will surpass 10 billion yuan, and exceed 30 billion yuan by the end of the year. "The high profit margin advantage of this revenue segment is gradually becoming apparent and will be a pillar for our future healthy and high-quality revenue growth," he said. (Jiemian News)

[Wu Yongming: Alibaba's AI Model and Application ARR to Exceed 10 Billion Yuan in June Quarter, Surpassing 30 Billion Yuan by Year-End]On May 13, during the Q4 fiscal year 2026 earnings call, Alibaba stated that revenue from AI models and application services is experiencing exponential growth and is becoming a new revenue engine. Wu Yongming expects that in the June quarter, the annual recurring revenue (ARR) from AI models and application services, including the Bailian MaaS platform, will surpass 10 billion yuan, and exceed 30 billion yuan by the end of the year. "The high profit margin advantage of this revenue segment is gradually becoming apparent and will be a pillar for our future healthy and high-quality revenue growth," he said. (Jiemian News)

Wu Yongming: Alibaba's AI Model and Application ARR to Exceed 10 Billion Yuan in June Quarter, Surpassing 30 Billion Yuan by Year-End

According to monitoring by Dongcha Beating, Zhang Yutong, president of Dark Side of the Moon, revealed several internal details about the approximately 300-person company during a dialogue at Peking University's Guanghua School of Management. In terms of organization, Dark Side of the Moon has no titles for its employees, and the organizational hierarchy is extremely flat, with at most one or two layers between any two people. Job boundaries are also intentionally blurred: those working on pre-training can switch to post-training, those in algorithms can move to data, and those in marketing can also engage in model evaluation. Zhang Yutong explained that people's underlying intelligent capabilities are interconnected and should not be defined by labels. In recruitment, Dark Side of the Moon is already using an AI interview system to screen candidates. The system does not consider educational background or major, focusing instead on two things: whether candidates can propose original good ideas and whether they are willing to iterate obsessively on an idea. The AI system records how many iterations candidates have made, what different approaches they used, and how long they continued to try, filtering for those with 'abstract thinking ability and persistence.' In terms of product strategy, Zhang Yutong clearly stated that Kimi will only focus on productivity, concentrating on long-term, complex, and high economic value tasks, and will not engage in entertainment or lifestyle products. She also mentioned that K2.6 was adapted for Huawei's Ascend chips at the time of its open-source release and believes that the demand for inference computing power is exploding. When discussing the relationship between open source and security, Zhang Yutong directly named Anthropic: 'If you think the model is risky, then having it in the hands of a few people could pose an even greater risk.' Dark Side of the Moon has chosen to pursue an open-source route, reasoning that involving more people is safer than being closed off.

[300 Employees Without Titles, Using AI for Interviews: Zhang Yutong Discusses Operations at Dark Side of the Moon]According to monitoring by Dongcha Beating, Zhang Yutong, president of Dark Side of the Moon, revealed several internal details about the approximately 300-person company during a dialogue at Peking University's Guanghua School of Management. In terms of organization, Dark Side of the Moon has no titles for its employees, and the organizational hierarchy is extremely flat, with at most one or two layers between any two people. Job boundaries are also intentionally blurred: those working on pre-training can switch to post-training, those in algorithms can move to data, and those in marketing can also engage in model evaluation. Zhang Yutong explained that people's underlying intelligent capabilities are interconnected and should not be defined by labels. In recruitment, Dark Side of the Moon is already using an AI interview system to screen candidates. The system does not consider educational background or major, focusing instead on two things: whether candidates can propose original good ideas and whether they are willing to iterate obsessively on an idea. The AI system records how many iterations candidates have made, what different approaches they used, and how long they continued to try, filtering for those with 'abstract thinking ability and persistence.' In terms of product strategy, Zhang Yutong clearly stated that Kimi will only focus on productivity, concentrating on long-term, complex, and high economic value tasks, and will not engage in entertainment or lifestyle products. She also mentioned that K2.6 was adapted for Huawei's Ascend chips at the time of its open-source release and believes that the demand for inference computing power is exploding. When discussing the relationship between open source and security, Zhang Yutong directly named Anthropic: 'If you think the model is risky, then having it in the hands of a few people could pose an even greater risk.' Dark Side of the Moon has chosen to pursue an open-source route, reasoning that involving more people is safer than being closed off.

300 Employees Without Titles, Using AI for Interviews: Zhang Yutong Discusses Operations at Dark Side of the Moon

On May 13, according to CCTV News, U.S. President Donald Trump will arrive in Beijing aboard his special plane.

[Trump Arrives in Beijing]On May 13, according to CCTV News, U.S. President Donald Trump will arrive in Beijing aboard his special plane.

Trump Arrives in Beijing

2025 年 8 月 14 日至 9 月 5 日，火币社区联合 SUNPUMP 重磅推出全球创作者争霸赛，创作者可通过发布优质内容角逐 8000 USDT奖励。目前，双重身份参与通道同步开启：

创作者赛道：前 100 名共瓜分 5400 USDT奖金，只要满足 “Twitter 粉丝≥2 万 + 互动率 5%+ 提交 5 篇合格作品” 的参与者，保底得 54 USDT；TOP10 瓜分 1800 USDT（榜首独得 500USDT），此外，还有SUNPUMP 激活包 800 USDT 以及火币 APP 首页 12 小时曝光等资源。

普通用户赛道：为参赛者投票或为内容评论，即可参与100% 中奖的幸运转盘，最高可赢 1888 USDT；同时，用户通过在指定话题下点赞、评论、关注等互动行为打榜都可参与奖池瓜分，排名越高，奖金越高。另有全民可瓜分 1000 USDT 普天同庆奖。

本次赛事整合了火币全域千万级流量资源，报名通道现已开启，点击链接立即报名：https://www.htx.com.ve/zh-cn/live/community/topic?topicId=318 。

查看详情

【火币社区×SUNPUMP 全球创作者争霸赛启动，8000USDT 大奖池等你来战！】2025 年 8 月 14 日至 9 月 5 日，火币社区联合 SUNPUMP 重磅推出全球创作者争霸赛，创作者可通过发布优质内容角逐 8000 USDT奖励。目前，双重身份参与通道同步开启：

创作者赛道：前 100 名共瓜分 5400 USDT奖金，只要满足 “Twitter 粉丝≥2 万 + 互动率 5%+ 提交 5 篇合格作品” 的参与者，保底得 54 USDT；TOP10 瓜分 1800 USDT（榜首独得 500USDT），此外，还有SUNPUMP 激活包 800 USDT 以及火币 APP 首页 12 小时曝光等资源。

普通用户赛道：为参赛者投票或为内容评论，即可参与100% 中奖的幸运转盘，最高可赢 1888 USDT；同时，用户通过在指定话题下点赞、评论、关注等互动行为打榜都可参与奖池瓜分，排名越高，奖金越高。另有全民可瓜分 1000 USDT 普天同庆奖。

本次赛事整合了火币全域千万级流量资源，报名通道现已开启，点击链接立即报名：https://www.htx.com.ve/zh-cn/live/community/topic?topicId=318 。

火币社区×SUNPUMP 全球创作者争霸赛启动，8000USDT 大奖池等你来战！

史上最严重的存储短缺，把三星推上全球第二

租来的轨道：这一波稳定币 FX 热钱，到底在为什么买单？

MegaETH 如何让 TVL 在 TGE 一周内达到 700m？拆解包装手法

South Korea’s First Bank-Led Crypto Picks A Quantum Security Partner — Here’s Why It Matters

Bulls Approach the Ceiling

The Bitcoin Vector #54

Roobet Launches Prediction Markets on May 6, The First Major Crypto Casino to Integrate the Format

Pre-ETF Era Bitcoin Whales Surface To Cash In On $80,000 Rally

S&P Call Options Explode to Record $2.6 Trillion Volume: The Crash Risks Behind a Frenzied Gamble

Article

WSJ: SpaceX and Google in Talks to Explore On-Orbit Data Centers

EIA Projects Brent Oil Prices to Average $106 per Barrel in May and June

火币社区×SUNPUMP 全球创作者争霸赛启动，8000USDT 大奖池等你来战！

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

Related Articles

All Comments0LatestHot

Trending Topics

Related Articles