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On April 10, Bittensor co-founder Const (@const_reborn) responded on Twitter to recent allegations related to Covenant AI. Const stated that he has no authority to suspend emissions, and the previous sale of part of the alpha positions in three subnets was due to those subnets not operating and being in a high code destruction state. The impact of this transaction on emissions is consistent with the buying and selling behavior of regular TAO holders, and he does not possess any special privileges. Regarding management authority, Const clarified that it was Samuel himself who abandoned his Discord channel; he did not remove Samuel's admin role but only temporarily restricted his ability to delete posts that provided honest criticism, which was later restored. Furthermore, he emphasized that the scale of the token sale was less than 1% of his total investment in the team, stating that exercising token trading rights under the dTao system is fundamental to supporting the system's operation.

[Bittensor Co-Founder: No Authority to Suspend Subnet Emissions, Sale Amount Less Than 1% of Investment]On April 10, Bittensor co-founder Const (@const_reborn) responded on Twitter to recent allegations related to Covenant AI. Const stated that he has no authority to suspend emissions, and the previous sale of part of the alpha positions in three subnets was due to those subnets not operating and being in a high code destruction state. The impact of this transaction on emissions is consistent with the buying and selling behavior of regular TAO holders, and he does not possess any special privileges. Regarding management authority, Const clarified that it was Samuel himself who abandoned his Discord channel; he did not remove Samuel's admin role but only temporarily restricted his ability to delete posts that provided honest criticism, which was later restored. Furthermore, he emphasized that the scale of the token sale was less than 1% of his total investment in the team, stating that exercising token trading rights under the dTao system is fundamental to supporting the system's operation.

Bittensor Co-Founder: No Authority to Suspend Subnet Emissions, Sale Amount Less Than 1% of Investment

On April 10, the Kremlin stated that envoy Dmitriev's visit to the U.S. does not signify a reboot of peace negotiations regarding Ukraine. Dmitriev did not engage in discussions about the Ukraine issue, emphasizing that Russia seeks peace, not just a ceasefire. Peace can be achieved today if Ukrainian President Zelensky makes a decision. The Orthodox Easter ceasefire holds humanitarian significance.

[Kremlin: Envoy's Visit to the U.S. Not a Reboot of Ukraine Peace Talks]On April 10, the Kremlin stated that envoy Dmitriev's visit to the U.S. does not signify a reboot of peace negotiations regarding Ukraine. Dmitriev did not engage in discussions about the Ukraine issue, emphasizing that Russia seeks peace, not just a ceasefire. Peace can be achieved today if Ukrainian President Zelensky makes a decision. The Orthodox Easter ceasefire holds humanitarian significance.

Kremlin: Envoy's Visit to the U.S. Not a Reboot of Ukraine Peace Talks

On April 10, the Hong Kong Monetary Authority (HKMA) issued the first stablecoin issuer licenses to Anchor Financial Technology and HSBC. The HKMA has emphasized that the licensing process has high standards, primarily considering two aspects during approval: (1) whether the applicant has sufficient risk management capabilities and experience, and complies with relevant regulations in Hong Kong and other regions; (2) whether the applicant can propose specific application scenarios and feasible business plans and development strategies. Among the 36 applications, Anchor and HSBC demonstrated their ability to manage risks prudently and provided concrete application scenarios and future development plans, thus receiving the licenses. Both licensed issuers have banking backgrounds and have participated in HKMA's experimental projects related to central bank digital currencies (CBDC) and tokenized deposits, giving them a deeper understanding of the functionalities and application scenarios of various digital currencies, which is beneficial for exploring the possibilities of 'future payments.' One of the issuers has formed a consortium with local telecommunications, payment, and digital asset companies, allowing compliant stablecoins to achieve synergistic effects.

[Hong Kong Monetary Authority Issues First Stablecoin Issuer Licenses to Two Applicants]On April 10, the Hong Kong Monetary Authority (HKMA) issued the first stablecoin issuer licenses to Anchor Financial Technology and HSBC. The HKMA has emphasized that the licensing process has high standards, primarily considering two aspects during approval: (1) whether the applicant has sufficient risk management capabilities and experience, and complies with relevant regulations in Hong Kong and other regions; (2) whether the applicant can propose specific application scenarios and feasible business plans and development strategies. Among the 36 applications, Anchor and HSBC demonstrated their ability to manage risks prudently and provided concrete application scenarios and future development plans, thus receiving the licenses. Both licensed issuers have banking backgrounds and have participated in HKMA's experimental projects related to central bank digital currencies (CBDC) and tokenized deposits, giving them a deeper understanding of the functionalities and application scenarios of various digital currencies, which is beneficial for exploring the possibilities of 'future payments.' One of the issuers has formed a consortium with local telecommunications, payment, and digital asset companies, allowing compliant stablecoins to achieve synergistic effects.

Hong Kong Monetary Authority Issues First Stablecoin Issuer Licenses to Two Applicants

On April 10, the Hong Kong Monetary Authority announced that the Financial Commissioner has granted stablecoin issuer licenses to two institutions—Diginex Financial Technology Limited (a company formed by Standard Chartered Bank (Hong Kong), Hong Kong Telecommunications, and Anxin Group) and HSBC. This marks a new phase in the implementation of Hong Kong's stablecoin regulatory framework. Licensed issuers must complete relevant preparations, including technology platform and system testing, risk management measures, and human resource arrangements, before officially launching their compliant stablecoins. Based on the current business plans of the two institutions, we expect regulated stablecoins in Hong Kong to be gradually launched from mid to late this year.

[Hong Kong Monetary Authority Grants First Stablecoin Issuer Licenses to Diginex and HSBC]On April 10, the Hong Kong Monetary Authority announced that the Financial Commissioner has granted stablecoin issuer licenses to two institutions—Diginex Financial Technology Limited (a company formed by Standard Chartered Bank (Hong Kong), Hong Kong Telecommunications, and Anxin Group) and HSBC. This marks a new phase in the implementation of Hong Kong's stablecoin regulatory framework. Licensed issuers must complete relevant preparations, including technology platform and system testing, risk management measures, and human resource arrangements, before officially launching their compliant stablecoins. Based on the current business plans of the two institutions, we expect regulated stablecoins in Hong Kong to be gradually launched from mid to late this year.

Hong Kong Monetary Authority Grants First Stablecoin Issuer Licenses to Diginex and HSBC

According to monitoring by 1M AI News, the global authoritative AI evaluation platform LMArena (with millions of users participating in blind tests) updated its Code Arena rankings today. GLM-5.1 topped the list as the number one open-source model globally and ranked third among all models worldwide. GLM-5.1 not only inherits the open-source SOTA coding capabilities of its predecessor but also achieves breakthroughs in long-horizon tasks, including: 1. Building a Linux desktop from scratch in 8 hours; 2. Breaking the optimization bottleneck of vector databases in 655 iterations; 3. Optimizing real machine learning model loads through 1000 rounds of tool calls. Notably, under the same evaluation criteria as the METR rankings, GLM-5.1 is the only open-source model to achieve sustained operation at the 8-hour level, and it is one of the few models globally, alongside Claude Opus 4.6, that possesses this capability.

[GLM-5.1 Ranks First in LMArena Open Source Code Arena, Third Globally]According to monitoring by 1M AI News, the global authoritative AI evaluation platform LMArena (with millions of users participating in blind tests) updated its Code Arena rankings today. GLM-5.1 topped the list as the number one open-source model globally and ranked third among all models worldwide. GLM-5.1 not only inherits the open-source SOTA coding capabilities of its predecessor but also achieves breakthroughs in long-horizon tasks, including: 1. Building a Linux desktop from scratch in 8 hours; 2. Breaking the optimization bottleneck of vector databases in 655 iterations; 3. Optimizing real machine learning model loads through 1000 rounds of tool calls. Notably, under the same evaluation criteria as the METR rankings, GLM-5.1 is the only open-source model to achieve sustained operation at the 8-hour level, and it is one of the few models globally, alongside Claude Opus 4.6, that possesses this capability.

GLM-5.1 Ranks First in LMArena Open Source Code Arena, Third Globally

On April 10, HSBC announced its support for the Hong Kong Monetary Authority's issuance of stablecoin licenses. The bank plans to launch a Hong Kong dollar-pegged stablecoin in the second half of 2026.

[HSBC Plans to Launch Hong Kong Dollar-Pegged Stablecoin in Second Half of 2026]On April 10, HSBC announced its support for the Hong Kong Monetary Authority's issuance of stablecoin licenses. The bank plans to launch a Hong Kong dollar-pegged stablecoin in the second half of 2026.

HSBC Plans to Launch Hong Kong Dollar-Pegged Stablecoin in Second Half of 2026

On April 10, a senior Lebanese official stated that Lebanon plans to attend a meeting next week in Washington to discuss and announce a ceasefire. The ceasefire is a prerequisite for further negotiations. (Jin Shi)

[Lebanon to Participate in Ceasefire Talks in Washington]On April 10, a senior Lebanese official stated that Lebanon plans to attend a meeting next week in Washington to discuss and announce a ceasefire. The ceasefire is a prerequisite for further negotiations. (Jin Shi)

Lebanon to Participate in Ceasefire Talks in Washington

On April 10, Iranian media reported that there will be no negotiations before a ceasefire, and the delegation will not be traveling to Pakistan. (Jinshi)

[Iranian Media: No Negotiations Before Ceasefire, Delegation Will Not Visit Pakistan]On April 10, Iranian media reported that there will be no negotiations before a ceasefire, and the delegation will not be traveling to Pakistan. (Jinshi)

Iranian Media: No Negotiations Before Ceasefire, Delegation Will Not Visit Pakistan

On April 10, the Hong Kong Monetary Authority announced that the Financial Commissioner has granted stablecoin issuer licenses to two institutions—Anchor Financial Technology Limited (a company formed by Standard Chartered Bank (Hong Kong), Hong Kong Telecom, and Anxin Group) and HSBC. This marks a new phase in the implementation of Hong Kong's stablecoin regulatory framework.

[HSBC and Standard Chartered Obtain Stablecoin Licenses in Hong Kong]On April 10, the Hong Kong Monetary Authority announced that the Financial Commissioner has granted stablecoin issuer licenses to two institutions—Anchor Financial Technology Limited (a company formed by Standard Chartered Bank (Hong Kong), Hong Kong Telecom, and Anxin Group) and HSBC. This marks a new phase in the implementation of Hong Kong's stablecoin regulatory framework.

HSBC and Standard Chartered Obtain Stablecoin Licenses in Hong Kong

According to CoinDesk, the U.K.’s Law Commission is looking at how Decentralized Autonomous Organizations (DAOs) should be treated under the legal system, the latest in a series of forays into digital technologies by the influential body.
A consultation published today is looking into questions such as how DAOs, the disparate platforms governed by code which often underpin projects in decentralized finance (DeFi), are structured and governed, and how they comply with obligations like taxes, money laundering and the corporate reporting.
“DAOs are said to offer multiple benefits to market participants… yet their legal and regulatory status is unclear,” said Law Commissioner Sarah Green in a statement. “Our work will aim to build consensus on the best ways of describing the constituent elements of DAOs and to highlight ways in which the law of England and Wales might foster their development.”

Detail

【DAO legal reforms in spotlight as UK Law Commission seeks views】According to CoinDesk, the U.K.’s Law Commission is looking at how Decentralized Autonomous Organizations (DAOs) should be treated under the legal system, the latest in a series of forays into digital technologies by the influential body.
A consultation published today is looking into questions such as how DAOs, the disparate platforms governed by code which often underpin projects in decentralized finance (DeFi), are structured and governed, and how they comply with obligations like taxes, money laundering and the corporate reporting.
“DAOs are said to offer multiple benefits to market participants… yet their legal and regulatory status is unclear,” said Law Commissioner Sarah Green in a statement. “Our work will aim to build consensus on the best ways of describing the constituent elements of DAOs and to highlight ways in which the law of England and Wales might foster their development.”

DAO legal reforms in spotlight as UK Law Commission seeks views

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DAO legal reforms in spotlight as UK Law Commission seeks views

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

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