nim

The MiniMax M 3.0 free computing power event launched by the B.AI platform on June 18 is now in the countdown phase and will end in 3 days. It is reported that new users who log in to the platform for the first time through Binance Wallet or Bitget Wallet can receive a reward of 1 million free Credits.In addition, during the event, the platform offers a recharge cashback mechanism. Users can receive a 1:1 equivalent Credits bonus for recharging on the BNB Chain, and a 1:0.5 ratio bonus for recharging on other public chains, with a maximum cumulative bonus limit of 100 USD equivalent per user. According to the information, the MiniMax M 3.0 model previously ranked first in the Artificial Analysis open-source model leaderboard.

According to an analysis by Tommy, there is a significant gap in valuation and revenue conversion for Chinese open-source AI companies, with their price-to-sales ratio (P/S) far exceeding that of leading counterparts in the United States.Data shows that Zhipu, which developed the GLM 5.2 model, currently has a market value of approximately $137 billion, but its revenue for the fiscal year 2025 is about $107 million, resulting in a price-to-sales ratio as high as 1280 times; MiniMax has a market value of about $23 billion, with a price-to-sales ratio of approximately 290 times. In contrast, the valuations of leading AI laboratories in the United States are more solid, with OpenAI (valued at about $852 billion) and Anthropic (valued at about $965 billion) having price-to-sales ratios of only 34 times and 21 times, respectively.It is believed that due to overseas users' concerns about data privacy, they are unwilling to send data directly to China, resulting in the massive demand for Chinese AI companies not being converted into actual API revenue, leading to significant profit loss to overseas third-party inference service providers (such as OpenRouter, etc.). To support their current high valuations, Chinese AI companies urgently need to prove their data non-retention mechanisms and capture the market at low prices, or explore revenue-sharing and initial licensing collaborations with overseas inference platforms to expand their actual revenue scale.

According to a report by Fortune, Yat Siu, co-founder and executive chairman of Animoca Brands, stated during an interview at the SuperAI Summit in Singapore that Asia will lead in the innovative integration of artificial intelligence (AI) and blockchain technology, ahead of the West. He pointed out that the crypto communities in Europe and America often tend to separate cryptocurrencies from AI, while the Asian market is more accepting of the combination of these two digital assets and technologies.Siu emphasized that AI and blockchain are closely connected at a fundamental level. To truly empower AI, it must be given access to funds so that it can conduct secure autonomous transactions on behalf of users, and blockchain is the infrastructure that can achieve this goal on a large scale. He predicts that in the future, there could be as many as 200 billion AI agents put into operation, and these agents will naturally tend to choose on-chain transactions that are faster and much cheaper for commercial interactions, rather than relying on traditional credit card payment networks that charge higher fees.

The MiniMax M3, which topped the Artificial Analysis open-source ranking, has launched a 7-day limited free trial on B.AI. This open-source model, which integrates native multimodality, million-level ultra-long context, and top-notch coding reasoning capabilities, is now available for free to all users------Web users can log in to chat.b.ai to use the model for direct conversation, and developers can create an API Key through the API management panel to call it. Exclusive benefits are also ongoing; new users who log in to B.AI using Binance Wallet or Bitget Wallet can receive 1 million free Credits, and there are rewards for recharging (BNB Chain 1:1, others 1:0.5), with a maximum additional reward of $100 per user. As a one-stop platform aggregating leading AI globally, B.AI is the first to offer users a zero-threshold experience with MiniMax M3, easily handling complex codebase analysis, multimodal content generation, and ultra-long document processing, truly making top open-source capabilities accessible.

The B.AI platform will offer a limited-time free experience of the MiniMax M3 model starting from June 18 at 15:00 (SGT). This model has topped the Artificial Analysis open-source leaderboard, featuring native multimodal capabilities and a million-level ultra-long context, efficiently handling long documents, complex codebases, and video content. During the event, new users can log in to B.AI through Binance Wallet or Bitget Wallet to receive 1 million free Credits; additional recharge will enjoy point rewards, with BNB Chain recharges enjoying a 1:1 equivalent bonus, while other methods enjoy a 1:0.5 equivalent bonus, with a single user able to receive up to $100 worth of additional points. The countdown has begun, stay tuned.

RetoSwap disclosed on platform X that the team received a report at 2:02 AM (Beijing time) today that the Haveno trading protocol was under attack. They immediately set the minimum client version to 2.0 through the filter function and suspended trading, as well as banned the attacker's onion address. RetoSwap stated that the team was not attacked, and the vulnerability lies at the Haveno protocol level. The losses seem to be limited to large cryptocurrency asset orders, and fiat currency traders were not affected. The team is evaluating plans to assist affected traders in recovery. Trading will resume after the protocol is fixed.Previously, on May 21, it was reported that RetoSwap lost approximately $2.7 million due to vulnerabilities in the Haveno protocol.

AIPayWithCrypto announced that it has officially completed its first round of strategic financing of $10,000,000, led by Animoca Brands, with participation from Titans Ventures, Castrum Capital, Adaverse, M2M Capital, and other institutions.It is reported that in addition to the capital injection, all parties have also reached a deep strategic consensus to jointly build the future of AI and payment integration, as well as to improve infrastructure to serve global users and AI economic entities. The APC platform will present a new AI + payment system to the market, solidifying the core competitiveness of the payment sector.

Cysic today announced a joint launch with MiniMax of the CyOps Arena AI Hackathon, offering a $5,000 prize pool open to developers, and providing an 80% discount on model token prices during the event to support more developers in building projects using MiniMax's new model M3.This hackathon focuses on AI Coding and long-cycle engineering tasks. Participants can use Cysic's multi-agent coding platform CyOps to collaboratively complete planning, development, review, and iteration, and build real engineering projects based on MiniMax's new model M3.The submission deadline for the CyOps Arena is June 15, EOD PT. Participants can complete real engineering tasks, submit projects, and participate in evaluations based on CyOps's multi-agent coding capabilities.Cysic is a computing power infrastructure project aimed at high-performance computing scenarios, while CyOps is its multi-agent coding platform launched for AI Coding and engineering automation.

0G Labs announced a partnership with the AI company MiniMax, aiming to bring cutting-edge AI models on-chain through verifiable and privacy-preserving computing technology.It is reported that the core model integrated in this collaboration is MiniMax's M3 model, which currently ranks first on the open-source model list of Artificial Analysis and tops the OpenRouter trend list. The official statement indicated that to support the launch of this collaboration, a limited-time free operation service for the model will be available from June 15 to 18.

The decentralized AI infrastructure network DGrid AI announced an official partnership with MiniMax. Both parties will provide low-cost, high-availability access to MiniMax models for global developers and agents through the DGrid decentralized AI Gateway, jointly promoting its adoption in a broader ecosystem.DGrid is a decentralized AI infrastructure that aggregates mainstream AI models from around the world. It currently connects over 200 models, including Claude, GPT, and Gemini, enabling one-stop access through a unified API. The platform is aimed at developers and AI agent builders, offering high-availability, low-latency model access services, and is committed to lowering the entry barriers and usage costs for AI applications.MiniMax is a global leader in general artificial intelligence across all modalities and is one of the few AI companies capable of self-developing models for text, voice, video, music, and other modalities. This official collaboration with MiniMax represents another significant expansion for DGrid on the model supply side, marking a new step in connecting mainstream model vendors and building a decentralized AI ecosystem. With the integration of more high-quality models, DGrid is becoming a unified entry point for AI developers to access diverse model capabilities, providing more flexible and open infrastructure support for the next generation of intelligent applications.As part of the initial collaboration, MiniMax's flagship model M3 has been launched on DGrid, and DGrid Premium users can enjoy a 55% discount directly.

Fidelity has lowered the minimum account requirement for the SpaceX IPO from a maximum of $500,000 to $2,000.

The AI service platform B.AI announced that it has completed the underlying access to MiniMax's next-generation multimodal large model M3, and it is now available for API and web access.It is reported that the MiniMax M3 model is based on the MSA sparse attention mechanism, natively supports multimodal understanding, code generation, and parsing, and has a 1M context window and long text reasoning capabilities, covering various application scenarios from dialogue to professional development. Currently, developers and users can directly access and use this model through the B.AI platform.

MINIMAX-W (00100.HK) announced the launch of the MiniMaxM3 model, stating that "MiniMaxM3 has achieved cutting-edge capabilities in specialized tasks such as programming and agents. It utilizes a newly proposed attention architecture MSA (MiniMaxSparseAttention), supporting up to 1M ultra-long context. As expected by the outside world, it is also a native multimodal model, supporting input from images and videos, and can operate a computer desktop.These three capabilities are essential for overseas closed-source cutting-edge models. M3 is the first domestic model to possess these elements and is currently the only open-source model."

According to a notice from MiniMax Group Inc., the board of directors has resolved to explore a preliminary proposal for the issuance of RMB shares, which may involve entering into agreements with professional advisors and consulting with relevant securities or other regulatory agencies.The company has engaged professional advisors to provide consulting on compliance with the listing requirements on the Sci-Tech Innovation Board and has signed a mentoring agreement. The issuance of RMB shares will depend on market conditions and necessary regulatory approvals.

Polkadot posted on X that OpenGov is voting on significant changes to the network staking architecture. Referendum 1890 proposes that validators on Polkadot must lock at least 10,000 DOT as self-staking.This reform is a mandatory prerequisite for the next phase of staking upgrades, which include immunity from slashing for nominators and quick unbonding (approximately 24-48 hours instead of 28 days). The logic is to allow validators to absorb slashing risks directly through significant self-staking exposure, while nominators can continue to earn staking rewards without exposing their principal. If passed, Polkadot staking will eliminate two major barriers to participation, thereby reducing the risk for nominators and shortening exit times.

Vitalik Buterin stated that he has donated 64 ETH to the Animal Welfare Fund again and called for more people to pay attention to animal welfare issues. Vitalik mentioned that the suffering caused to billions of animals by humans remains one of the important issues that is less discussed in current society, but he holds an optimistic view about improving the living conditions of animals in this century, believing that agricultural methods and synthetic alternative foods are continuously progressing.He also noted that the quality of global vegetarian and vegan foods has significantly improved in recent years. In addition, Vitalik specifically mentioned the welfare issues of shrimp, stating that the importance of related topics is often underestimated by the outside world, and referred to farming practices such as "eyestalk ablation."

The sports AI intelligent infrastructure platform Sportix announced the completion of a $3.2 million financing round. This round of financing was participated in by institutions such as Coinvestor Ventures, Animoca Brands, Becker Ventures, X21 Digital, and Alpha Capital.It is reported that Sportix is an intelligent platform built around sports events and athletes, aiming to integrate real-time data, AI predictive models, and market infrastructure into a unified ecosystem, providing users with structured and actionable sports intelligence.The funds from this financing round will be directly used to deepen the research and development of its AI aggregation engine, enhance the accuracy of MIE and PIS, and expand the scale of B2B APIs to empower a broader sports data ecosystem.

According to Jinshi reports, Federal Reserve's Daly stated that the main conclusion of the Federal Open Market Committee (FOMC) meeting is that all members unanimously agreed to keep interest rates unchanged. Daly pointed out that the wording of the statement is not as important as the actual actions of the FOMC.

According to an official announcement from Animoca Brands, the company announced that it will invest up to $10 million in teams building projects using its AI agent platform, Minds.Minds is a continuously running AI agent platform that allows users to deploy and manage "sovereign" AI agents without the need to operate local servers or manage hardware and software.