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Westlake Robotics, an embodied artificial intelligence company, has completed its Series A financing round within just six months and a total of four rounds, raising a cumulative 5 billion RMB. The investor lineup includes prominent institutions such as SAIF Partners, Xiaomiao Langcheng, Henan Investment Group Huirong Fund, and Haiyuan Fund, forming a high-quality capital matrix comprising state-owned, industrial, and leading venture capital. The rapid and intensive capital injection reflects strong market confidence in the company's technological approach, product deployment capabilities, and long-term potential. The newly acquired funds will be primarily allocated to the research and development of a unified large model for humanoid robots and the establishment of a talent cultivation base for embodied AI. Founded in 2024, Westlake Robotics originated from the industrial transformation of pioneering achievements in AI and robotics at Westlake University. The founding team is led by Wang Donglin, a leading figure in China's embodied AI and robot learning field, and co-founder Zhang Yue, an expert in natural language processing. The core R&D members hail from top-tier tech companies like Alibaba, ByteDance, Tencent, and Huawei, as well as prestigious global universities. The company follows a fully self-developed strategy integrating a "universal brain + humanoid body-specific cerebellum + proprietary humanoid hardware." It is one of the few domestic enterprises capable of holistically connecting the three core areas of embodied AGI cognitive reasoning, full-body motion control, and humanoid hardware. Its proprietary technologies include the General Motion Model-GAE system for low-latency teleoperation and motion generalization, and a dual pre-trained architecture for general and body-specific processing to bridge cognitive reasoning and physical movement. In 2026, Westlake Robotics launched its self-developed humanoid robot "Westlake o1," completing the full technology chain from underlying algorithms to pre-trained models and hardware. The company has secured nearly 100 million RMB in orders, with applications in scientific research, education, data collection, and power inspection. Future targets include high-risk industrial inspection, post-disaster search and rescue, and remote precision assembly. The company has also partnered with the Longyou County government to establish a county-wide real-scenario training base for humanoid robots, aimed at collecting high-quality motion data and validating technology in authentic environments. With the latest funding, Westlake Robotics plans to further advance its core model development and talent acquisition strategy, accelerating progress toward the "GPT moment" for embodied intelligence in China.

A 22-year-old Russian man lost 4 million rubles in a cryptocurrency investment scam. He met a person on social media who promised profitable cryptocurrency trading opportunities. Following the scammer's instructions, he installed specific trading apps and began transferring money to provided accounts. When he attempted to withdraw his funds, the criminals demanded additional payments under various pretexts, such as fees, closing trades, and commissions. The victim lost not only his own savings but also money borrowed from relatives. Police have opened a fraud investigation to identify the perpetrators. The report notes a similar case where a resident of Buy, Kostroma Region, lost over 2.8 million rubles after being persuaded over several months to invest in cryptocurrency.

A major security breach has occurred on the Harmony blockchain, leading to the unauthorized issuance of approximately 4 billion ONE tokens. This amount represents about 26% of Harmony's total token supply. The incident, which exploited a suspected protocol vulnerability, resulted in the creation of 4 billion tokens across 409 wallets through 10,288 abnormal transactions. Following the attack, the Harmony team contacted major cryptocurrency exchanges to flag and block suspicious fund movements from four identified wallet address groups. The project also reported that around 53% of network validators have installed a software upgrade to prevent further unauthorized issuance. The news triggered a sharp decline in the price of the ONE token, which fell by approximately 40% to around $0.000747 according to market data. Harmony is a layer-1 blockchain that launched in 2019.

Tether's USDT supply has decreased by approximately $4 billion over 60 days, with about $870 million of that reduction occurring in just the last 11 days. This contraction, following years of rapid growth, suggests capital may be exiting the crypto space entirely for fiat currencies rather than simply shifting between stablecoins. While USDT remains dominant with a $184 billion circulating supply, rival USDC has also seen significant supply reductions, weakening the argument that funds are merely rotating between stablecoin issuers. Analysts point to a combination of factors, including investors taking profits after Bitcoin's 2025 peak, a search for yield in other ecosystems, and a general cooling of speculative activity. Despite the overall supply decline, USDT remains heavily concentrated on the Tron and Ethereum blockchains, which together host about 97% of its supply. The broader implication is that a sustained reduction in stablecoin liquidity could signal a wider cooling of risk appetite in cryptocurrency markets, potentially leading to weakened trading activity.

Grayscale Research has identified four public blockchains poised to benefit from the proliferation of artificial intelligence (AI). According to researcher Zach Pandl, AI adoption will create new demand for blockchain in three key areas: AI-agent finance, verifiable computation records, and decentralized alternatives to centralized AI. The report highlights four networks for these use cases. Ethereum and Solana are seen as foundational infrastructure for financial transactions involving autonomous AI agents, enabling micropayments and automated trading. The World blockchain could provide a layer for verifiable digital identity and reputation, helping distinguish humans from AI online. Finally, Bittensor and its $TAO token are cited as a potential decentralized alternative to centralized AI platforms, though the project faces scrutiny over its actual level of decentralization following internal conflicts.