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The Volcano Engine officially launched the Seedance 2.5 API. Compared to Seedance 2, the new version has significantly improved in areas such as instruction adherence, long narratives, character consistency, realism, lighting and shadow quality, and sound effects. It natively supports 30-second video output, a maximum of 50 multimodal material references, and is compatible with more than a dozen languages.

According to the Financial Times, as Chinese companies continue to narrow the gap with the top AI labs in the United States, ByteDance is training an AI model that may be close in scale to Anthropic's advanced Mythos system. According to three insiders, this Chinese tech giant is currently in the early stages of training a large-scale model, which may have a parameter count reaching the trillions, approximately three times that of the largest model released in China, the Kimi K3 model under the Moonlight brand.One insider stated that ByteDance's model is currently undergoing pre-training, a phase that typically takes three to six months. If all goes well, it will then undergo fine-tuning and be released. The specific scale of the model will be determined later. Anthropic has not publicly disclosed the parameter scale of its models, but industry estimates suggest that its advanced Mythos 5 model has a parameter count of about 8 trillion, while Fable 5 has around 5 trillion.It is important to note that the number of parameters determines the model's basic capacity for storing information or memory limit, but the actual capabilities of the model also depend on other factors, including data quality and training methods.

According to a report by LatePost, ByteDance is discussing training a model with a parameter scale exceeding 50 trillion, surpassing Alibaba's Qwen3.8-Max (24 trillion parameters) and the K3 from Dark Moon (28 trillion parameters), making it currently the largest known model in terms of parameter scale in the country. Generally speaking, the larger the model scale, the higher the level of intelligence.However, this plan is still in the early stages and does not guarantee that the model will ultimately be released. The new model will be led by Xiang Liang, head of SeedFoundation, in collaboration with Shen Ke, who is responsible for the pre-training data of large language models. To this end, Seed is reorganizing, defining responsibilities, and allocating resources.

ByteDance founder Zhang Yiming clearly stated at the Seed team all-hands meeting last month that the company will not use model distillation as a shortcut to catch up with large models, even if it temporarily falls behind domestic competitors. He urged the team to be willing to sacrifice short-term gains for long-term goals.Distillation refers to allowing a new model to learn from the outputs of a stronger model, which can save training time and computational power. Internally, ByteDance believes that this choice will make it more difficult for Seed's language model to catch up with domestic peers like DeepSeek, Kimi, and Qianwen in the short term. However, ByteDance is more concerned about political risks: the company has long faced scrutiny from the U.S. government due to TikTok, and if it is accused of massively extracting the capabilities of cutting-edge U.S. models, Washington may apply pressure on TikTok again. Previously, Anthropic accused DeepSeek, Dark Side of the Moon, MiniMax, Zhiyu, and Alibaba of massively extracting Claude's capabilities, but did not name ByteDance.

According to The Information, ByteDance founder Zhang Yiming told employees at a meeting last month that the company would not use distillation technology to advance its artificial intelligence model capabilities, even if it means the company temporarily falls behind domestic competitors.

According to Jinshi reports, Bank of Japan Governor Kazuo Ueda stated that the Bank of Japan is expected to continue raising interest rates and will adjust the intensity of its easing policy based on economic, price, and financial conditions.

According to Jinshi reports, Bank of Japan Governor Kazuo Ueda stated that it is necessary to closely monitor the impact of the situation in the Middle East on the financial and foreign exchange markets, as well as on the Japanese economy and prices.

According to a report by the South China Morning Post citing informed sources, ByteDance's AI business has achieved an annual revenue of $4 billion, the highest known level in the domestic market, but still far behind leading AI companies in the United States. Previously, ByteDance announced through an internal email the integration of the Feishu and Doubao product teams and GTM system, with Doubao head Zhao Qi leading the product line and Volcano Engine head Tan Dai responsible for the new ToB GTM organization "Creativity Service Platform," aimed at building "stronger AI product competitiveness and customer service capabilities."This integration is the largest adjustment to the ToB business since ByteDance's business segmentation in 2021. The Doubao enterprise version, developed with the participation of the Feishu team, has already entered internal testing with some clients. The report pointed out that ByteDance's AI revenue mainly comes from enterprise API calls of the Doubao large model, AI cloud services, and enterprise-level AI solutions.

According to Blockaid monitoring, the trading price of MetronomeDAO's Synth USD (msUSD) on Ethereum, Base, and Optimism once dropped about 11% below the pegged value. Subsequently, MetronomeDAO released a post-mortem report stating that its synthetic asset swap module had insufficient collateral issues, resulting in a lack of adequate asset backing for approximately 6,367 msETH and 4.57 million msUSD, with the impact primarily concentrated on that module.The report pointed out that the problem stemmed from delays in the Chainlink price oracle during swap execution, and Metronome's fee design failed to adequately account for this variable, particularly on the Base chain where the situation was more severe. The team has deployed over $34 million in defensive positions and about $6.5 million in "last exit" liquidity, which could be used to repurchase and destroy sufficient assets to eliminate the gap if the peg deviates by about 30%. The team has increased the transaction fees for all synthetic trading pairs and upgraded the protocol to support a directionally isolated fee mechanism. Priority will be given to ensuring the treasury repurchases and destroys synthetic assets to restore 100% adequate collateral, while not affecting the rights of MET token holders, and the MET repurchase and distribution plan will proceed as usual.

According to exclusive reports from Titanium Media, ByteDance released an internal email on July 30, announcing the integration of the Feishu product team and the Doubao product team to form a new Doubao product team, which will be unified under the leadership of Doubao head Zhao Qi, while Feishu head Xie Xin will report to Zhao Qi. In terms of the GTM system, the Feishu GTM team will integrate with the Volcano Engine team to establish a new ToB GTM organization called the "Creativity Service Platform," which will be responsible for the marketing, sales, and customer service of ByteDance's MaaS and SaaS cloud services, led by Volcano Engine head Tan Dai, with Feishu sales head Lin Chan and Feishu strategy and marketing head Shi Zhijun reporting to Tan Dai.This integration is the largest adjustment to ByteDance's ToB business since it implemented business segmentation in 2021. After the reorganization, Feishu's products and services will remain unchanged, and Feishu will collaborate more deeply with Doubao on productivity scenarios. The Doubao enterprise version, developed with deep involvement from the Feishu product team, has already begun internal testing among some Feishu clients. Feishu currently covers over 10 million enterprise users, and this integration will further enhance the integrated collaborative capabilities of the ToB business.

According to IT Home, ByteDance announced today the official launch of the Seed STEM Scientist Program, inviting 100 outstanding scholars from the forefront of scientific fields to collaborate on real research problems and promote AI-accelerated scientific discovery.This program is initiated by the Seed Edge research team, providing ample computing resources and competitive salaries. Participation is divided into two categories: scientific advisors and doctoral interns. The first phase of the program is expected to last about 6 months, with the work location in Haidian District, Beijing. The application deadline is September 30, 2026.

According to Onchain Lens monitoring, the U.S. government has emptied another wallet holding assets seized from Alameda Research and FTX, distributing the assets to 8 new addresses. The transferred assets include 4,110 AXS, worth $4,100; 5.37 YFI, worth $11,400; 1,230 COMP, worth $21,100; 316,000 MANA, worth $21,800; 0.533 WBTC, worth $34,400; 4,050 NMR, worth $39,900; 138,950 RLC, worth $40,700; and 209.18 ETH, worth $391,000.The current balance of the original wallet is $0.

According to monitoring by Onchain Lens, Alameda Research FTX transferred approximately 201,000 SOL, worth about $15.14 million, to BitGo custody through multiple transactions within a few minutes, and the funds were distributed to multiple BitGo custody addresses.

According to Decrypt, the AI-driven decentralized finance infrastructure project TrueDAO announced the completion of a $10 million strategic financing round, led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital.The funds raised will primarily be used for the development of core AI protocols, the construction of AI risk control systems, security audits, compliance work, and the expansion of ecosystem partnerships. After the financing is completed, TrueDAO will advance the launch of the testnet, developer tools, and ecosystem integration plans.

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 Jinshi, Qualcomm's stock in the U.S. night market once rose over 4%, and the current increase has narrowed to 3%. The news states that Qualcomm is in talks with ByteDance to provide customized chip design services.

Bitget announced the launch of the VIP Miracle Medal Program, which is aimed at traders active in the cryptocurrency, US stock, and CFD markets. The program establishes four types of achievement medals: UEX Trading Master, Contract Trading Master, CFD Trading Master, and Stock Trading Master, aiming to further expand the exclusive services and rights for VIP users through an honor system.Building on previous initiatives such as the VIP Fast Track and VIP Airdrop Season, Bitget's new medal system aims to enhance the user rights ecosystem. Relying on the UEX strategy, the platform continues to expand its range of asset products and meets the differentiated needs of different regions and trading groups through a tiered rights mechanism.