Ethereum meets AI in Shenzhen, China! 🚀
ETHShenzhen 2026 lands Oct 24–25 with a hackathon, tech talks & demos exploring AI agents, privacy and verifiable AI.
Build on Oct 24. Connect at the main conference on Oct 25.
Join the builders in China👇
luma.com/7ggxnhbh
Per The Information:
• Huawei engineers embedded inside DeepSeek's office
• Co-designing the next Ascend chips
• 950DT pre-training planned by year-end: 10,000+ chips, weeks of runtime
• Most 960DT output (Q1 2027) slated for DeepSeek first
Neither company has confirmed.
Word is a major (Chinese) LLM model lands today. Agentic abilities look even stronger than DeepSeek V4.1-Flash-1017, and it's cheaper too.
What seen in leaks and demos lines up. Real eval coming after release.
(Caveat: cheaper ≠ cache-hit pricing. DeepSeek still rules there.)
快速更新：
我被告知一款备受瞩目的模型即将于今天发布，同时Agentic能力优于 @deepseek_ai V4.1-Flash-1017。
最重要的是价格更低🔥
在我看到的泄露测试和Demo已经证实了上述的说法。
我将于上线后发出正式评测～
Could China's AI hardware finally crack the US-dominated local-AI price wall?
Axera's AX8860 (6nm, 256 TOPS FP4, up to 128GB) officially launched.
Partner Sipeed claims vs NVIDIA DGX Spark on Qwen 27B:
• +25% prefill, +30% decode
• ~Half the price (final pricing TBD)
No independent benchmarks yet.
We've seen how China's lower-priced open models reshaped global AI pricing. If these claims hold up, cheaper local hardware could do the same, and consumers win either way.
Specs: Axera official. Comparisons: Sipeed, unverified.
Sources: axera-tech.com/zh-hans/news/… wccftech.com/axera-ax8860-ai…
Ledger counterfeits: teardown detail nobody has caught — the implant parts are marked in Chinese.
1. 欧亚版 (Euro-Asia) — the target market likely includes Europe (NOT just Asia), printed in Chinese on the parts themselves.
2. V1.1 on a Nano X, V1.2 on a Flex back cover — version control, like a real product line. There might be other (prior to current) versions in the market.
3. Same AC-A220x part family across two models — a factory BOM, not a hacker's soldering iron.
The counterfeit operation runs like an ODM factory, and its supply chain works in Chinese.
Another counterfeit Ledger Nano S Plus just surfaced and torn down. @ohyishi (OneKey): no secure element, its brain is ESP32, a $2 chip, stamped with the Ledger logo. Its only job: capture your seed words as they flash on-screen. Hardware can lie. Quietly.
我刚刚拆了一个 Ledger Nano S Plus（图上），和官方 PCB 正面（图下）居然如此不同…那么后门元件在哪？…或者我遗漏了什么？@Ledger 😵💫
support.ledger.com/zh-CN/art…
1/2 Hong Kong may be quietly building one of Asia’s most important regulated stablecoin rails.
@osldotcom has completed an @ethereum mainnet transfer test using HKDAP, a licensed HKD stablecoin issued by Anchorpoint Financial Technology.
The test converted fiat HKD into reserve assets, with Standard Chartered’s infrastructure and institutional trust services supporting full reserve backing for the minted HKDAP.
All HKDAP used in the test was redeemed after completion.
OSL plans phased issuance by the end of Q2.
OSL Group and Anchorpoint completed HKDAP test transfers on Ethereum Mainnet, marking a key step toward secure fiat-to-digital gateways and real-world regulated stablecoin use cases in Hong Kong.
As Kevin Cui, Executive Director and CEO of OSL Group, highlighted, this aligns with OSL’s mission to make money move as freely as information.
With OSL StableHub, OSL BizPay, and @BanxaOfficial , OSL is building integrated stablecoin infrastructure for liquidity, distribution, and real-world adoption.
2/2 Why this matters:
• Hong Kong is China’s regulated crypto gateway
• HKD stablecoin rails are being tested on Ethereum
• regulated fiat-to-crypto settlement is moving onchain
• this could support cross-border payments and RWA tokenization
• it gives China a potential regulated HKD stablecoin rail to compete in a market still dominated by USDT and USDC
2/3 Once investigators got the wallet, the trail didn’t stop.
They traced six more wallets tied to businessman Lin Kechuang. One 15.5M USDT transfer was said to point to Luo Lin, then party chief of Chongqing’s Liangjiang New Area.
His cold wallet was allegedly kept at a lawyer’s home.
3/3 The lawyer was Peng Jing (the female in the 1st tweet), a well-connected Chongqing legal figure who has since been taken away for questioning.
The sender, Lin Kechuang, is tied by marriage to Lin Xiucheng, founder of Sanan Optoelectronics, who was also taken away around the same period.
Mass adoption has arrived.
Just not in the way the pitch decks promised.
Bitcoin vs. Gold in wartime? Look at Iran. Following recent airstrikes, UK firm Elliptic reported a 7x surge in withdrawals from Iran's top crypto exchange, Nobitex.
Unlike physical gold—which is heavy, risky to carry, and easily confiscated at borders—#Crypto allows citizens to quickly and safely move assets during a crisis. (A similar surge was seen during the Jan 9 protests).
Real-world proof that digital assets offer true financial mobility when it matters most. 🛡️🌍
#Bitcoin #Gold #AisaCrypto #BTC
Chinese tech money gaining #Bitcoin exposure!
Coolpad Group, via its wholly-owned subsidiary Digital Tech, has acquired 39,000 shares of MicroStrategy $MSTR for approximately $5 million.
The board calls this a major strategic move to enter the digital currency space and expand their digital asset portfolio.
183 $BTC Seized in China: Hacker vs. Police vs. Police?
A Chinese network engineer allegedly exploited a gambling site, redirecting ~$5M in affiliate fees to his own wallet.
Now, he’s facing 10+ years. But the story gets wild: Two different police depts fought over the case (and the assets). His 183 BTC? Already sold by police for fiat.
A thread👇
3/ The Defense:
Lawyers are pleading NOT GUILTY.
🚩 Evidence tampering: HDDs weren't sealed.
🚩 Coercion: Li claims police threatened his pregnant wife to get a confession.
🚩 Double Jeopardy: Charged with "Opening a Casino" first, then switched to "Theft" to make charges stick.