intention

According to Yicai, there were previous reports that Kunlun Core, a subsidiary of Baidu, plans to go public in Hong Kong, and Tencent has become its client, while ByteDance is also considering using its AI chips. In response to this, sources close to the matter told Yicai today that ByteDance currently has no intention of cooperating with Kunlun Core.

According to a report by Cai Lian She, AI company MiniMax (0100.HK) will see the first batch of shares unlocked after its Hong Kong stock listing on July 9, 2026. Before this date, its two core strategic investors, Alibaba and miHoYo, have both expressed their long-term optimism about the general artificial intelligence industry and MiniMax's development prospects, stating they will continue to accompany the company's growth and deepen ecological collaboration in areas such as cloud computing and enterprise services.It is reported that the founding team of MiniMax had previously voluntarily set a lock-up period of 12 months, so this first batch of unlocks does not involve the founding team or employee stock holdings. Public information shows that MiniMax was listed on the Hong Kong Stock Exchange in January this year, with a global user base of approximately 300 million and over 1 million enterprise and developer clients. The company released its new generation flagship model M3 this month and officially launched the IPO counseling process for the A-share Sci-Tech Innovation Board in May.

Gate announced that the first phase of its IPO Access project has officially launched, with SpaceX as the initial offering. Users can now submit their intention to subscribe through the Gate platform to participate in investment opportunities for popular company IPOs. The event adopts an "intention to subscribe" mechanism, and the platform will calculate the allocation weight based on the average locked amount during the subscription period.Ultimately, users may receive full allocation, partial allocation, or no allocation at all, with the specific results determined by the project's issuance situation and the actual allocation amount obtained by the platform. After receiving the IPO allocation, the corresponding stocks will be directly distributed to the Gate stock account. After the allocation ends, the relevant stocks will be listed on the Gate stock section on June 12, allowing users to directly engage in real stock trading or hold them, achieving a seamless transition from IPO subscription to secondary market trading.As an important part of Gate's stock business, IPO Access provides users with a new channel to participate in the subscription of globally popular companies going public. Currently, with the launch of IPO Access, Gate is gradually improving its product ecosystem covering Pre-IPO, IPO, and stock trading, providing users with a more convenient one-stop global investment experience.

According to crypto KOL AB Kuai.Dong's post on platform X, Binance has launched the Binance debit card page, and users can currently register their intention to apply until April 30.After registration, users will be notified when support is launched in their region. According to the introduction, users can use USDC, USDT, FDUSD, BNB, etc., from their Binance financial accounts for daily card spending, with a maximum cashback of 3%, which does not affect financial earnings.

Anthropic recently received investment intentions from multiple venture capital firms, with some offers corresponding to a company valuation as high as $800 billion, significantly above its current valuation level.Previously, Anthropic completed a round of financing in February this year, with a valuation of approximately $380 billion; while the secondary market Caplight shows that its valuation has risen to about $688 billion. Data indicates that the company's annualized revenue has grown to approximately $30 billion, a substantial increase compared to the end of last year.Market participants indicate that with the rapid development of AI models and related products, investor interest in Anthropic continues to rise, and the company is also seen as a potential IPO candidate.

According to a report by CCTV International News, U.S. Vice President Pence stated in an interview regarding the Iran issue that the United States has no intention of staying in Iran and will withdraw quickly after handling current affairs. He added that there is every reason to believe that the U.S. has completed all military objectives. The ongoing military action is due to President Trump wanting to ensure that Iran completely loses its ability to threaten the United States.Regarding the current rise in domestic oil prices in the U.S., Pence stated that this is an extremely brief market reaction to the U.S.-Israel-Iran conflict, and that oil prices will fall back after the U.S. withdraws from Iran.

According to CNN, a jury in California largely supported the claims of Twitter (now rebranded as X) shareholders on Friday, who accused billionaire Musk of making false statements before acquiring the social media company for $44 billion in 2022 and intentionally driving down the company's stock price. However, the jury did not find that Musk was involved in an overall scheme to defraud investors.This ruling concludes a civil class action lawsuit. The lawsuit was filed by a group of Twitter shareholders in October 2022—just weeks before Musk officially took over the company. During the weeks-long trial, Musk was forced to testify in his defense. Musk initially agreed to acquire Twitter in April 2022 but attempted to back out of the deal in the following months, ultimately completing the acquisition.According to estimates from the plaintiffs' attorneys, the jury's awarded damages are expected to be around $2.5 billion, with the exact amount depending on the final number of people who apply to join the class action. Musk's lawyers stated that Musk plans to appeal the ruling. His law firm, Quinn Emanuel Urquhart & Sullivan, noted that Musk has successfully appealed in other unrelated cases in Texas and Delaware recently.

Federal Reserve Chairman Powell stated that he has no intention of leaving his position at the Federal Reserve until the U.S. Department of Justice's investigation is "completely concluded with transparency and finality."Reports indicate that Chairman Powell's term will end on May 15, but his term as a governor will continue until early 2028, theoretically allowing him to remain in office. Powell stated that he would decide whether to continue serving based on what is "most beneficial for the institution and the public."This statement may affect the pace of personnel adjustments to the Federal Reserve under the Trump administration. Currently, Trump has appointed several governors, and if Powell were to leave, it could further expand his influence at the Federal Reserve.

According to Jinshi reports, the Iranian Foreign Minister stated that Iran has no intention of closing the Strait of Hormuz at this stage, nor does it plan to disrupt navigation there. The new Supreme Leader may be chosen in a day or two, and a regime change is not possible.

FTX founder SBF posted on X platform and @Trump, stating that the "Cryptocurrency Market Structure Bill" (the CLARITY Act) will become an important milestone in the history of cryptocurrency development and a significant achievement for President Trump. "I once actively promoted a similar bill aimed at freeing cryptocurrency from the control of former SEC Chairman Gary Gensler, but Gensler helped Biden's Justice Department send me to prison."Imprisoned SBF is launching a futile campaign for a presidential pardon in the United States. Trump pardoned SBF's cellmate, former Honduran President Juan Orlando Hernández, on December 2 last year. Since then, SBF has frequently tweeted his support for Trump's policies, trying to curry favor with Trump in hopes of a pardon or sentence reduction. In fact, SBF's family has been publicly lobbying Trump since early 2025 and actively arranging meetings with his allies. However, earlier today, a White House spokesperson made it clear that Trump has no intention of pardoning SBF.Note: SBF is still in prison, and this message is being forwarded by a friend who has access to SBF's account.

The founder of the Liebit Mining Pool (B.TOP), Jiang Zhuoer, stated that Yi Lihua continues to sell ETH to reduce leverage, predicting that the purpose is to lower the liquidation line to around 1500 (USD).Currently, this bomb has basically been defused. ETH has endured a concentrated reduction of 220,000 ETH in the last 13 hours, yet it remains oscillating around the 1900 line, indicating strong buying pressure in the market and a strong intention to repair the oversold condition. According to previous news, Jiang Zhuoer mentioned this morning that the current decline has been severely oversold, and he has bottomed out ETH at 1850 USD, noting that such an oversold condition is an opportunity that occurs only once in a year.

KuCoin announced today that it has reached an equity investment intention with Jin Jun Services Limited and will support its in-depth cooperation with the Hong Kong Gold Exchange (HKGX) to jointly explore the construction of a comprehensive gold industry chain platform that integrates trading, settlement, warehousing, and related management functions.Against the backdrop of the accelerated upgrade of the Hong Kong gold market, this cooperation aims to enhance the cross-regional circulation and collaborative efficiency of the gold market through technology and system integration. This strategic investment reflects KuCoin's ongoing exploration in financial infrastructure construction, aiming to promote the integration of digital technology with the physical gold industry and help build a more efficient and transparent gold industry ecosystem.

U.S. President Trump said on Wednesday that, despite the Justice Department conducting a criminal investigation into Federal Reserve Chairman Powell, he currently has no plans to fire him, and it is "too early to determine what action he will ultimately take." When asked if he would attempt to remove Powell from his position, Trump told Reuters, "I have no such plans at the moment."When asked if the investigation gave him reason to take action, Trump added, "For now, we are taking a strategy of holding off on him, and we are studying what to do next. But I can't disclose details. It is still too early." (Jinshi)

BNB Chain's Growth Execution Director Nina Rong posted that she has sent a private message to X platform's product head and Solana ecosystem advisor Nikita Bier, indicating that BSC is willing to support the smart tags project.Additionally, CZ also responded this morning regarding the possibility of collaboration on smart tags, stating that he is just a "small shareholder of X, let's see what happens."Previously, Nikita Bier mentioned that X is the best source for financial news and is currently developing smart asset tags (Smart Cashtags), allowing users to specify specific assets (or smart contracts) when posting market tweets on X. Users can click on these tags in their timeline to view the real-time price of the asset and all information mentioning that asset.

Andre Cronje's new project Flying Tulip announced on the X platform that the Intent Whitelist is now live, but Andre Cronje specifically reminded that there is currently no involvement of any fund transfers, and subsequent updates will be based on information disclosed through official Flying Tulip channels. According to the previously disclosed details of the public offering by Flying Tulip, the public offering will be conducted in four rounds: Early Access, Supporter Whitelist, Intent Whitelist, and Open Public, with the same fundraising terms for each round.

The "Hurun 2025 Report on Financial Investment Needs and Trends of China's High Net Worth Individuals" reveals that the proportion of various types of financial investments among domestic high net worth individuals is 2% for digital currencies, both in terms of the amount and in the overseas financial investment products allocated over the past three years. In the adjustment plans for financial investments over the next year, 25% of high net worth individuals plan to increase their investment in digital currencies, and the proportion of digital currencies among the overseas financial investment products they are considering for the next year is 6%.The report also points out that over 90% of high net worth individuals indicate they have a collecting habit. With the arrival of the AI era, the popularity of digital collectibles is gradually rising, making its first appearance in the top ten, accounting for 7%.

Recently, Dr. Han, the founder of Gate, was a guest on the Wu Says podcast, where he systematically shared his judgments and thoughts on topics such as market cycles, regulatory compliance, industry layoffs, and paths to listing.Dr. Han stated that although there are phase fluctuations in the current crypto market, it has deeply integrated into the global macro cycle, making it difficult to reproduce the deep bear market triggered by a single event in the early days; the liquidity environment and overall economic expectations remain the core variables affecting the market. On a technical level, he believes that AI is still in the early expansion stage, with real applications continuing to land, and cannot simply be summarized as a "bubble"; user behavior in Web3 is clearly migrating on-chain, and privacy technology and zero-knowledge proofs are expected to become important infrastructure in the future.Regarding changes in industry structure, Dr. Han pointed out that the rise of Perp DEX is due to improvements in on-chain performance, cost reductions, and mature incentive mechanisms, and the integration of centralized platforms with on-chain models will become a long-term trend; the stablecoin sector is showing significant economies of scale.In addition, regarding rumors of layoffs, Dr. Han candidly stated that Gate has maintained a steady hiring pace over the years and has never engaged in aggressive expansion or large-scale layoffs. When discussing future plans, he clearly expressed the intention to go public for the first time, stating that Gate has been promoting compliance and licensing globally for many years, precisely to prepare for "long-term normalization and the possibility of going public." It is reported that as of now, multiple entities of Gate Group have obtained or completed relevant regulatory registrations, license applications, authorizations, or approvals in jurisdictions such as Malta, the Bahamas, Japan, Australia, the United States, and Dubai.

The CEO of stablecoin issuer Tether, Paolo Ardoino, posted on the X platform stating that according to the latest attestation report for the third quarter of this year, Tether holds billions of dollars in excess reserve buffers, with total assets reaching approximately $215 billion, while stablecoin liabilities are about $184.5 billion.In addition, S&P's mistake lies in not considering that the U.S. Treasury bonds held solely by Tether can generate about $500 million in profit each month, and they are likely doing this intentionally to support Tether's competitors.