Moonshot AI, one of mainland China's so-called AI Six Tigers, is not considering a dual listing in Hong Kong and Shanghai, according to a report cited by Science and Technology Innovation Board Daily. ETNet reported that a source said the earlier market rumor was untrue. Last week, mainland media reported that Moonshot AI had confidentially filed an A1 application with the Hong Kong stock exchange during the week, formally starting its Hong Kong IPO process. Kimi, the company's AI assistant, said it would not comment on market rumors and had no information to disclose at present.

According to on-chain analyst Yu Jin, a suspected HypeStrat-linked address (0x6436...0103) accumulated and staked 365,000 HYPE over the past 24 hours. According to Odaily, the address also accumulated and staked 3.029 million HYPE over the past half-month at an average price of about $83.4, and it currently holds 31.8 million HYPE.

Two ZEC long positions were fully liquidated as ZEC declined, involving 3,848.5 ZEC worth $4.33 million. According to Odaily, the liquidations were tracked by Lookonchain.

According to Nikkei Asia, Shanghai Enflame Technology, one of China's leading makers of artificial intelligence chips and a domestic rival to Nvidia, rose 188% in its debut on Shanghai's bourse on Friday after the company flagged a lower valuation relative to peers.

According to Kabutan/Minkabu, HKET and RTHK, Asian equities opened broadly lower on Friday after Brent crude vaulted past $100 a barrel, US Treasury yields climbed and Wall Street fell for a fourth session, stoking fears the Federal Reserve may have to raise rates. Tokyo's Nikkei 225 opened down 994.13 points, or about 1.5%, at 64,276.82, with the TOPIX slipping below 4,000 to 3,998.58 at the open. Selling accelerated after the open; by 01:40 UTC the Nikkei was at 63,449.44, down 2.79%. Chip-related names led the retreat, with Advantest down 7.13% and Tokyo Electron off 4.45% as of 01:40 UTC, while Sony eased 0.22%. Traders cited the overnight US decline, higher oil and yields, and caution ahead of tonight's US CPI and next week's FOMC and Bank of Japan meetings. Seoul's KOSPI opened at 6,802.50, down 231.42 points or 3.29%, and was down more than 2% in early trade. Chipmakers weighed, with Samsung Electronics down 3.90% and SK Hynix off 3.99% as of 01:40 UTC. Hong Kong stocks opened lower, with the Hang Seng Index down 236 points, or 0.95%, at 24,718 and the Hang Seng Tech Index off 1.4% at 4,271. Alibaba and Tencent each fell more than 1% and Zijin Mining dropped nearly 4%, while CNOOC bucked the trend with a gain of more than 1%. The Hang Seng was at 24,599.68, down 1.42%, as of 01:40 UTC. Taiwan's TAIEX also opened lower and stood at 46,131.75, down 1.72% or 808.74 points, as of 01:40 UTC. TSMC fell 1.63%, MediaTek declined 2.01% and Hon Hai eased 1.39% as of 01:40 UTC. In mainland China, the Shanghai Composite and the Shenzhen Component each opened down about 1%, with all four major A-share gauges lower and more than 4,600 stocks declining; non-ferrous metals, agriculture and semiconductor shares led the pullback.

CGN Mining (01164) fell as much as 5.9% to HK$2.255, a one-month low, before closing down 4.6% at HK$2.28, according to ETNet. The stock traded 4.575 million shares worth HK$10.56 million. ETNet reported that the active buy-sell ratio was 43:57, with net active selling of HK$1.3972 million. It has fallen for two straight sessions, down 12.3% in that span.

Blockworks research analyst Shaunda Devens said Solana meme coin launchpad PumpFun has reached $677 million in annualized revenue and has the lowest weekly revenue volatility among the top 10 protocols. According to ChainCatcher, the platform combines launchpad and DEX infrastructure while expanding into consumer-facing products, and daily trading volume on its mobile app and Terminal front end has risen 5.6 times since early July. Devens said PumpFun has generated $1.37 billion in cumulative revenue since 2024, making it the second-highest revenue-generating application this year after Hyperliquid, excluding stablecoin issuers. She said PUMP is trading at 2.8 times price-to-sales, and her valuation range for the token is $0.0108 to $0.0205, or 2.3 times to 4.4 times the current price. She added that a programmatic buyback funded by 50% of revenue is absorbing about 17.6% of circulating supply annually at current prices, while about 77% of allocated insider tokens have not moved. Devens also said the team holds about $2 billion in treasury assets. According to Devens, 96% of revenue comes from tokens with market capitalizations below $1 million, and revenue denominated in SOL is at a record high. PumpFun accounts for about 70% of Solana meme coin trading volume. Second-quarter revenue was $85.2 million, while the third-quarter run rate reached $125.4 million, up 47% quarter over quarter. Launchpad revenue contributed $87.1 million and PumpSwap contributed $38.3 million, while daily active mobile users increased from 5,600 to 34,100.

A monitored address opened a 40x leveraged long position on 911.55 Bitcoin about 10 hours ago, with a liquidation price of $76,308.6. According to Foresight News, the address has made 80 recent Bitcoin trades and posted a 92.5% win rate.

名人发币难逃归零，MEME周期终会退潮，别把炒作当投资。

随着TradeXYZ持续上新交易市场，其在交易所内的交易量占比不断走高。每新增一个交易市场都会带来净新增用户，全年数次宏观层面的驱动因素进一步加速了这一增长。

周五CPI公布前债市已率先行动。10年期美债收益率升至4.943%，美联储下周加息概率升至71%。市场担忧美联储可能重新收紧，而真正的关键就看CPI能否给出最后一击。

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日本 30 年来首次突破 3% 的国债收益率正在引发全球警报。

Anthropic 上市前夕，值得关注的 AI 代币。

一笔约3.2亿美元的异常提款，把Liquid Network推上了风口浪尖。

LAPTOP 把 2% 代币送给部分 TRUMP 亏损地址，像是在补偿上一跤；但极薄的初始流动性与不对称筹码分配，又把受伤者带回熟悉的名人币陷阱。