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first_img Doubao Mobile Assistant responded to the login issues of Honor of Kings, stating that it did not operate the Tencent system

On September 27, Doubao Mobile Assistant released a statement in the official community regarding the abnormal usage of the Nubia NaviX Ultra phone in Honor of Kings, stating that starting from the evening of September 24, they have received feedback from users that the Nubia NaviX Ultra equipped with Doubao Mobile Assistant displays an abnormal device environment prompt when logging into Honor of Kings or during matchmaking, and users are forcibly kicked offline.Doubao Mobile Assistant stated: Upon confirmation, they have not made any operations on the Tencent game system throughout the process, and there are no violations such as unauthorized clicks, cheats, or simulation behaviors by the AI. The team is still in communication with relevant parties at Tencent, and as of now, they have not received a clear response, for which they apologize. The assistant also advises users not to repeatedly attempt to log into Honor of Kings on this model. If the account has been banned, users can appeal through the official game customer service channels.Tencent has not publicly responded. On September 28, a reporter learned from informed sources that Honor of Kings ensures game fairness through various security risk strategies, and these strategies have been consistently used over the past period without targeted adjustments.

first_img After 11 years of operation, BitMEX has stopped trading and deposits, retaining only withdrawals

The cryptocurrency derivatives platform BitMEX has ceased trading, deposits, and opening new positions, retaining only the withdrawal function. The platform announced on social media platform X that as of this Tuesday at 04:00 UTC, the aforementioned services will no longer be available. Users can still log in and withdraw their balances through the official website, but deposits have been confirmed as impossible. BitMEX was co-founded by Arthur Hayes, Ben Delo, and Samuel Reed in 2014, known for promoting perpetual contracts as mainstream trading tools in the cryptocurrency derivatives market.BitMEX urges customers to withdraw their funds as soon as possible and states that account fees will be charged to users with completed KYC certification who still have a balance, billed monthly, at a standard of 1% annualized on assets or a minimum equivalent of $50, whichever is higher. The company emphasizes that this shutdown does not freeze customer assets, and the withdrawal channel remains open during the liquidation process.BitMEX announced its closure in July this year, following a strategic assessment by its parent company HDR Global Trading, as the exchange's market share in the perpetual contract market it helped create continued to decline. According to research data from CoinDesk, the monthly trading volume of centralized cryptocurrency exchange derivatives reached $3.4 trillion in August, with an annual scale potentially reaching $50 trillion. Previously, BitMart also announced its shutdown in July after nine years of operation due to market conditions.

Hyperscale Data established a new subsidiary to independently operate mining, and Reap plans to launch multi-national local currency stablecoins to facilitate 24/7 foreign exchange clearing

According to BBX data, yesterday, publicly listed companies in the U.S. and cross-border financial infrastructure disclosed the latest developments in the restructuring of cryptocurrency businesses and global compliance stablecoin settlements. The core information is as follows:Hyperscale Data (NYSE: $GPUS) established a subsidiary, Patriot BTC, to independently undertake mining operations and assets: Nasdaq-listed Bitcoin mining company and AI data center infrastructure company Hyperscale Data officially announced the establishment of a new wholly-owned subsidiary, Patriot BTC. The purpose of this subsidiary is to hold and operate the company's cryptocurrency mining business, mining machines, and related on-chain assets as a completely independent business entity, in order to further optimize the overall asset structure of the parent company and align with the implementation of the AI computing power center strategy.Reap plans to launch multi-national local currency stablecoins to build a 24/7 on-chain foreign exchange trading network: The multinational payment technology platform Reap, which has received strategic support from Kraken's parent company Payward and is a core partner of Visa, announced plans to successively launch local currency stablecoins in multiple countries and regions to achieve 24/7 on-chain foreign exchange settlements. Reap will first launch the Mexican Peso (MXN) stablecoin and is accelerating the exploration of issuing various local currency stablecoins, including the Hong Kong Dollar (HKD), Euro (EUR), South Korean Won (KRW), and Japanese Yen (JPY). This layout aims to completely break the physical limitations of traditional commercial bank operating hours, providing multinational companies with efficient and low-friction on-chain cross-border foreign exchange clearing solutions during nighttime and weekends.

first_img The Russian cryptocurrency industry may operate legally before the end of the year, the deputy governor of the central bank stated that regulation is progressing as planned

The Deputy Governor of the Central Bank of Russia, Vladimir Chistyukhin, stated that the country's cryptocurrency industry may have the necessary conditions to operate legally by the end of the year, with relevant regulations progressing as planned. According to the International News Agency, Chistyukhin mentioned that significant and large-scale secondary regulatory rules are currently being formulated, and the "fine-tuning" of internal rules is expected to be completed by the end of 2026.This year, Russia has continued to advance cryptocurrency legislation. President Putin signed a law in August that establishes a regulatory framework for digital currencies and digital rights, but the use of Bitcoin for payments remains prohibited. The central bank has approved the public to trade Bitcoin on the country's cryptocurrency exchanges, and non-qualified investors can purchase Bitcoin and other assets worth 300,000 rubles (approximately $3,582) through a single intermediary, while qualified investors face no restrictions.Russia's largest bank, Sberbank, plans to launch Bitcoin and cryptocurrency wallets and digital asset custody services in December. The bank expects that the trading volume of its new cryptocurrency business could reach 40 trillion rubles (approximately $4.7 billion) in its first year. Since 2022, Russia has prohibited the use of digital assets as a means of payment or legal tender, but lawmakers have made exceptions for international payments, likely aimed at circumventing Western sanctions. After the Russia-Ukraine conflict in 2022, the U.S. and Europe excluded Russia from the SWIFT system, and the Russian Finance Minister stated that the country's enterprises have been using Bitcoin to bypass related restrictions.
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