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StepFun, an AI startup invested by Tencent, has released the STEPX Neo phone, which features an AI intelligent agent directly built into the operating system rather than as an external application. The phone began pre-sales on the evening of October 13, priced at 3999 yuan (approximately 560 USD), with its official sale starting on October 16. Pre-sale channels include JD.com, Tmall, and Douyin. Users do not need to open a ride-hailing app to input addresses and select vehicles; they simply need to inform the destination, and the intelligent agent can autonomously complete the subsequent steps. StepFun stated at the launch event that in the era of intelligent agents, AI is no longer an additional feature of smartphones but is the product itself.The device runs on the Step AOS 1 system, which the company claims is designed from the ground up for intelligent agents, featuring long-term memory, task scheduling, and security control capabilities, composed of a mix of Android, Linux, and real-time operating system components. The system uses the MCP protocol to break down functions such as messages, applications, files, and settings into small modules that can be directly called by the intelligent agent, giving users two entry points: a traditional application grid and an intelligent agent space. The intelligent agent is named Amoo, which saves two types of memory: user factual preferences and task execution experiences. Simple commands are processed by a small model on the device, some of which can run offline, while complex cross-application requests are handled by a large model in the cloud. A second MiniLED screen on the back of the device can display Amoo's execution status.Nearly 100 companies and products, including Alipay, Tencent, Trip.com, Didi, and Meituan, have integrated with Amoo. Payments, travel bookings, and content creation are still completed by their respective platforms. This is an alternative path for StepFun in response to the major application blockages faced by ByteDance's Doubao, which previously used screen reading and simulated clicking solutions. StepFun was founded in 2023 by former Microsoft Vice President Jiang Daxin. Its self-developed flagship large model, Step 5 Preview, was launched in September, with a parameter scale of 600 billion and a single activation of 27 billion, supporting a context of 1 million tokens; the earlier released Step 3.5 Flash was open-sourced under the Apache 2 license. The price of 3999 yuan includes a 12-month STEPX Token plan, providing 100 billion tokens per month, while the AI costs after the first year have not yet been announced.

The computing power and inference cost trading platform Itô co-founder Affaan announced that the Itô team has joined the trading company Jump Trading, responsible for its computing power trading business. Affaan and co-founder Alejandro stated that the team will lead the newly established internal computing power trading desk at Jump Trading and has begun trading in this emerging market.According to their introduction, Itô initially hoped to leverage the new contract market to help enterprises address the centralized AI supply chain risks that the existing system struggles to cover. After communicating with over a thousand funds, enterprises, venture capital institutions, and related practitioners, the team focused on the intermediate market for computing power and inference costs. They noted that the common contract duration for capacity is 3 to 5 years, with about 30% requiring prepayment, while the revenue for late seed round to Series C companies is mostly settled monthly and based on usage, and the secondary market prices for popular chips are also quite volatile.Affaan also mentioned that the total contract value for related medium market clusters sometimes ranges from hundreds of millions to several hundred million dollars. Itô previously built a platform as an end buyer, with team members' backgrounds including Goldman Sachs' credit basket business, open-source engineering tools, and supercomputing cluster research. They stated that Jump Trading's conditions in credit, risk control, trading experience, and hardware led them to choose to advance this business through an internal trading desk.

According to Onchain Lens monitoring, Jump Crypto's Firedancer wallet has staked another 454,000 SOL, worth 49.81 million USD.

Multi-chain DEX Jumper announced the JUMP token sale allocation plan. This sale received approximately $48.614 million in purchase commitments from 9,690 participants, exceeding the initial target of $2 million by 24 times, with a final accepted amount of $3 million.In the final allocation, $1.64 million, accounting for about 55% of the total sales, is allocated to the community wallet, primarily determined by the Jumper Loyalty Pass (JLP) levels and rankings, with long-term, deeply engaged users receiving higher priority.The second largest allocation category is strategic contributors, including angel investors, developers, traders, and content creators; an additional 5% allocation is given to Republic participants. The waitlist category covers the top 500 participants, with rankings determined by a combination of Legion Score and referral status, placing more emphasis on Legion Score.Existing Jumper users can improve their priority through waitlist rankings, but different weights do not stack and only apply to their highest qualifying tier.

According to official data, the cross-chain aggregator raised nearly 16 million dollars in token sales on the Legion platform, exceeding the target by 8 times.This token sale opened last night at 9 PM and will close on October 2nd at 9 PM.

On-chain financial application Jumper announced that the JUMP token sale will begin on September 29, 2026, at 13:00 UTC on Legion and will end on October 2, 2026, at 13:00 UTC. Jumper stated that this is its first independent fundraising effort, and JUMP is the only way for users, contributors, and investors to participate in the project's growth, with no equity in Jumper. Eligible participants can view the sale terms and submit allocation requests through Legion, but submission does not guarantee receiving JUMP; final allocations depend on eligibility, sale terms, overall demand, and allocation processes. If there is significant oversubscription, allocations may be adjusted to broaden participation.Jurisdictions excluded by Legion include the United States, the United Kingdom, the United Arab Emirates, Russia, Iran, Syria, North Korea, Cuba, and sanctioned areas of Ukraine; in each EU member state, the number of eligible users who can view the sale terms is fewer than 150. Jumper introduced that users can exchange, cross-chain, use earnings, and perpetual contract functions through a single interface, and view crypto assets, tokenized stocks, and other real-world assets. Jumper claims its bridging transaction volume ranks first among aggregators, with a cumulative transaction volume exceeding $41 billion, over 100,000 monthly active users, and is expanding Earn, Advanced, RWA, and Perps, with Earn recently reaching a related locked amount of $10 million. The CEO is Marko Jurina.

According to Caixin, poker master and seasoned cryptocurrency investor Hu Zheweng made significant bets during the three waves of cryptocurrency frenzy involving ICOs, algorithmic stablecoins, and AI tokens, but faced consecutive failures. Hu Zheweng claimed to have invested in the blockchain project Stratis, achieving a return of "over 1000 times."According to disclosed information, Hu Zheweng invested approximately 80 million USD in algorithmic stablecoin TerraUSD (UST) and its sister token LUNA from May 2021 to May 2022, with the peak market value of his holdings exceeding 800 million USD, but the price of LUNA subsequently nearly dropped to zero.In addition, Hu Zheweng has filed a lawsuit in Chicago, USA against the globally renowned quantitative trading firm Jump Trading and its related companies and executives in the cryptocurrency business, seeking at least 500 million USD in damages. After experiencing Stox and Terra, Hu Zheweng has not left the cryptocurrency market; last January, he bet on a new project by a Chinese computer professor Zhang Yongfeng. Zhang Yongfeng entered the Computer Science Department of Tsinghua University in 2007 and is currently a tenured associate professor in the Computer Science Department at Rutgers University in the USA. He has been sued by Hu Zheweng on multiple charges including "securities fraud." It is reported that the tokens issued by the organization founded by Zhang Yongfeng, in which Hu Zheweng invested millions of dollars, have fallen over 99.6% from their peak in 2025.

Cross-chain aggregator Jumper announced plans to conduct its first JUMP token sale through Legion, while independently splitting from its incubator LI.FI to become a standalone company. Jumper claims its lifetime trading volume exceeds $40 billion, with over 100,000 monthly active users, ranking first in cross-chain bridging transaction volume, holding a market share of over 15%. The company is expanding its coverage to include exchanges, cross-chain, perpetual contracts, tokenized stocks, and other real-world assets, as well as yield opportunities.Jumper CEO Marko Jurina stated: Cross-chain bridging is the starting point for Jumper, and hopes Jumper will be the application users open when trading, investing, or transferring value on-chain. Jumper Perps (aggregated perpetual contract venue) is set to launch in the coming weeks. LI.FI will focus on orchestrating infrastructure, while Jumper will concentrate on consumer-facing applications.This Legion sale will be Jumper's first financing, with proceeds aimed at accelerating product development, user acquisition, and distribution. The JUMP token is planned to launch separately after the financing. The company stated it will not conduct separate equity financing rounds, with JUMP intended to be the sole ownership and exposure asset for users, contributors, and investors. Jurina remarked: The token should be the only way to own the value created by Jumper, and token priority ownership should become the industry standard.

HyperDash Chief Revenue Officer Hanson Birringer stated that the team has compiled the operations of Jump Trading on Hyperliquid since their first deposit on December 12, 2025. The company has used one main account and 16 sub-accounts, trading nearly $15 billion, accounting for 7.8% of the exchange's perpetual contract trading volume and 18.9% of the xyz market; July's activity accounted for 17.9% of the entire exchange and 28.7% of the xyz trading volume.Jump Trading initially tested for one week, trading $153 million in BTC, SOL, and HYPE, and then injected funds to create sub-accounts for large books in crude oil, Brent crude oil, natural gas, IPOs, and S&P 500, XYZ100, SK Hynix, silver, gold, and storage chips. The strategy primarily focuses on taking orders, with market-making transactions accounting for 11%-35%. Currently, they are long $32 million in Brent crude oil and $16 million in CL, hedging shorts in gold, silver, MU, NVDA, DRAM, SK Hynix, XYZ100, and large-cap stocks, with a notional value of $145 million and an account value of $63.6 million.The company has paid $7 million in fees, with profits and losses in the hundreds of thousands of dollars. Approximately $65 million in USDC collateral has brought about $1.8 million in annualized income to Hyperliquid through AQAV2.

According to official news, the on-chain structured product infrastructure City Protocol announced the completion of seed and Pre-A round financing, with a total financing amount reaching 11 million USD. Investors include Dragonfly, Jump Crypto, CMT Digital, Stratified Capital, Adaverse, Mirana, and others.City Protocol is committed to bringing structured products on-chain, providing integrated infrastructure for the issuance, operation, and acquisition of structured products through the tokenization layer, vault layer, and issuance operation layer. Its flagship product is the on-chain structured product platform Venzo, which has currently launched 4 strategy vaults with a TVL of 40 million USD, covering strategies such as quantitative hedging, cross-exchange arbitrage, and private credit, which were previously mainly aimed at institutional and professional investors. Venzo will also soon launch thematic vaults, divided into character tracking and sector themes, where a basket of underlying assets will be directly purchased and adjusted in users' wallets by the program according to public rules.

According to Onchain Lens monitoring, Jump Crypto transferred 1,140 bitcoins to Binance in the past 30 minutes, worth approximately $88.98 million, for sale.

According to Onchain Lens monitoring, Jump Crypto deposited 286.83 bitcoins (worth about 18.01 million USD) to Binance two hours ago, likely for selling.This week, Jump Crypto has deposited 1560 bitcoins (worth about 99.2 million USD) to Binance. Its remaining holdings are 1410 bitcoins (worth about 88.58 million USD).

According to the latest ranking of stock derivatives exchanges released by RootData, Binance, Gate, and Hyperliquid are in the top three.Binance ranks first with a score of 95.6, holding approximately $4.008 billion, a 24h trading volume of about $22.385 billion, and a market share of 43.22%.Gate surpasses Hyperliquid to rise to second place, with a score of 93.8, holding approximately $994 million, a 24h trading volume of about $3.283 billion, and a market share of 6.34%.Hyperliquid drops to third place with a score of 93.3, holding approximately $2.184 billion, a 24h trading volume of about $4.184 billion, and a market share of 8.08%.Compared to yesterday's data, Gate has surpassed Hyperliquid to rise to second place, while Hyperliquid has dropped to third.

According to the latest stock spot exchange ranking released by RootData, Gate jumped from third to second place, with a score of 78.31, an increase of 3.06 points from yesterday's 75.25. Its 24h public order book transaction volume is approximately $57.3085 million, with a growth rate exceeding 621%, the largest increase among the top three exchanges, and a market share of 12.93%.It is reported that this ranking is based on public transaction and order book data, comparing the trading scale, liquidity, and active products of the stock spot market of exchanges, and showcasing the coverage of stock products and brokerage channels.

According to reports from Huxiu Technology, Jieyue Xingchen is advancing along two strategic lines: one centered around large models, and the other focused on intelligent terminal devices. The mobile phone business has been placed under the independent company "Zhiyue Xingchen," operated by a team with backgrounds in Huawei and Honor, led by terminal president Ni Jiayue. Jieyue's first intelligent terminal phone STEPX Neo was unveiled during WAIC, but the price and mass production schedule have not been announced. Huxiu has learned that Jieyue is building an overseas commercialization team, planning to sell large model APIs (primarily voice models) overseas, and mobile phones will also be included in the overseas sales plan.Jieyue Xingchen's chairman Yin Qi previously attempted the "AI + car" path at Qianli Technology (formerly Lifan Technology), and this time, using mobile phones as the first piece of the terminal strategy aims to establish a closed-loop system of "model---operating system---terminal." The phone is equipped with the Step AOS intelligent terminal operating system, positioned as a carrier for intelligent terminal services, with the business model ultimately returning to Token consumption. Jieyue also maintains model collaborations with 60% of top domestic mobile phone brands, with existing installations exceeding 42 million units, but the potential competitive relationship with its own mobile phone business remains unclear. As of the time of publication, Jieyue Xingchen has not commented.

According to The Information, Jump Capital has raised a $350 million fund for AI investments.The company spun off its cryptocurrency team into Jump Crypto in 2021, which is the digital asset division of Jump Trading.

CleanSpark signs a 20-year data center lease agreement in Georgia, expected to generate $6.6 billion in contract revenue, driving a 22% increase in stock price in a single day.

According to the latest data, Gate predicts that yesterday's nominal trading volume in the prediction market ranked first across the entire network.Gate's prediction market has launched a dedicated World Cup section, where users can view match schedules, team rankings, and popular prediction events, as well as use the event reminder feature to track key matches. As the prediction market gradually becomes an important innovative track in the crypto industry, Gate is continuously enriching its prediction products in sports events, macroeconomics, crypto assets, and hot events, providing users with a more diversified trading and participation experience.As the first CEX platform to integrate with Polymarket, Gate maintains a leading position in the Polymarket collaboration channel. Users can directly access the prediction market through the Gate App, entering the Polymarket page from the platform's homepage Alpha, and participate in event predictions using USDT in their exchange accounts. Gate is continuously expanding its influence in the prediction market field, offering users a diversified market experience from expectation judgment to trading participation.

Bitget launches the UEX Jumpstart multi-asset incentive program, with a total prize pool of 430,000 USDT. This program aims to help investors gradually explore and capture diverse asset opportunities under the Bitget panoramic exchange UEX through a systematic product interaction experience.This program covers four major product lines: cryptocurrency contracts, precious metals, stocks, and contracts for difference (CFD). Among them, cryptocurrency contracts represent the largest prize pool segment, with a monthly prize pool of 170,000 USDT. The other segments also set up exclusive incentives, collectively forming a complete multi-asset advancement path.As trading behavior continues to cross the boundaries of cryptocurrency, traditional finance, and macro assets, the demand for diversified asset allocation continues to rise. Previous data shows that in Q1 2026, non-cryptocurrency assets accounted for 40% of the total trading volume on the Bitget platform; the daily trading volume of CFD business exceeded 8 billion USD, with gold contributing 95% of the increment.In line with this trend, Bitget is integrating previously fragmented market opportunities into the same trading environment through the UEX model, providing users with a more continuous path for asset discovery, trading participation, and strategy execution.