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DefiLlama: Gate's total reserves in October reached 8.688 billion USD, with the overall reserve ratio rising to 118.49%

The data analysis platform DefiLlama reported on Gate's latest reserve report for October 2026. The report shows that Gate's various reserve indicators performed impressively, highlighting its leading level in industry transparency construction.DefiLlama pointed out that, on the occasion of the launch of Gate Money two weeks ago, the latest disclosed reserve data from Gate shows that the total platform reserves have reached $8.688 billion, with customer net assets at $7.332 billion, and the overall reserve ratio has risen to 118.49%, continuing to stay above the 100% full reserve benchmark.In terms of core assets, the reserve of BTC is 25,727 coins, with a reserve ratio of 121.60%; the reserve of ETH is 449,042 coins, with a reserve ratio of 123.78%. Regarding stablecoins, the total platform reserves of USDT, USDC, USD1, and GUSD amount to $1.746 billion, with a comprehensive reserve ratio of 116.59%. Additionally, the reserve ratios for popular tokens such as GT, DOGE, and SOL have reached 129.00%, 106.76%, and 102.51%, respectively.Various asset classes maintain sufficient reserve coverage, reflecting Gate's long-term investment in asset reserve management and transparency construction, which also provides strong support for user asset security and the platform's long-term stable operation. The continuous growth of reserve scale and excess coverage also lays a solid foundation for the innovative business of financial integration at Gate Money.

first_img Byte's subsidiary Hongguo Short Drama launched Xiaoguo AI, used for searching and recommending episodes

According to "Reading Plus," the short drama application Hongguo Short Drama App, owned by ByteDance, has launched "Xiaoguo AI." This feature has undergone a period of gray testing and is now officially online, relying on the Doubao large model. It is labeled as Hongguo AI BOT within the app and is positioned as an AI assistant for finding short dramas, providing series search and recommendations. The report states that this is the first time Hongguo has integrated conversational AI into the user-end drama search scenario, beyond AI short drama production.According to practical tests by "Reading Plus," the main entry point is located in the app's search bar. Clicking it leads to the conversation page, and users can also ask questions in the comment section by @XiaoguoAI. The page features quick questions, such as "What short dramas are everyone watching?" and "What are the differences between male-oriented and female-oriented short dramas?" When users input keywords, it returns a list of suggestions, a trending short drama list, and series popularity. The AI responses can pop up short drama cards with play buttons, which redirect to the viewing page when clicked.This tool relies on generative models and search plugins to return information such as titles, plot summaries, poster stills, reputation ratings, and playback channels based on keywords and viewing preferences. From user feedback, it can also record update requests and push notifications when new seasons of followed series are available for reservation.

first_img National Radio and Television Administration: Chinese micro-dramas are becoming the fourth largest audiovisual product globally

The National Radio and Television Administration released the "China-ASEAN Micro Short Drama International Communication Development Report." The report states that micro short dramas, as a new form of online audio-visual content that originated in China, are becoming the fourth largest global audio-visual product form after American films, Japanese animations, and Korean dramas. The cooperation in micro short dramas between China and ASEAN is deepening, becoming an important carrier for China-ASEAN digital economy cooperation and cultural exchanges.The report indicates that the market size of micro short dramas in China continues to grow rapidly. By 2025, a total of 33,000 micro short dramas will be launched nationwide, and from January to September 2026, the number of launched micro short dramas will reach 490,000, which is 13 times that of the entire year of 2025. The user base of micro short dramas has reached 850 million, with monthly active users exceeding 600 million. By 2026, the overseas micro short drama market outside of China will exceed $6 billion, a year-on-year increase of 67% compared to 2025.The report also states that platforms with a Chinese background dominate the global market. From January to September 2026, all of the top 10 micro short drama apps in terms of downloads in overseas markets have a Chinese background, and among the top 10 platforms in terms of in-app purchase revenue, 9 are also of Chinese background.

Ultraman introduced three paths for employees to develop safe super AI

OpenAI CEO Sam Altman introduced three proposals for the safe development of super AI to employees last week. The first is to establish a global regulatory organization similar to the International Atomic Energy Agency, to inspect advanced models and audit safety measures. Insiders say Altman leans towards this route.The second proposal emulates the European Organization for Nuclear Research, merging major AI laboratories into one organization or collaborating through a unified agency for joint development, rather than continuing to race against each other. The third and most extreme, which he referred to as the "Eliezer Plan": an AI company achieves recursive self-improvement first, and then uses overwhelming economic power to control computing power, making it impossible for other developers to catch up. Altman described this idea as "melting down all other companies' GPUs," while stating that this plan is very bad and is only meant to illustrate the extreme possibility.The idea of "melting down GPUs" comes from AI safety researcher Eliezer Yudkowsky. He proposed a thought experiment in 2021, suggesting that super AI could create self-replicating nanomachines to melt down global GPUs, stating that this is merely an extreme example to illustrate the intensity of intervention, not a proposal to be executed. OpenAI proposed the establishment of an "AI version of the International Atomic Energy Agency" in 2023, and Google DeepMind head Hassabis has also advocated for the creation of an "AI version of CERN." Currently, OpenAI, Google, and Anthropic plan to establish a joint safety standards organization by the end of this year or early next year, but there are disagreements over the responsibility for model safety testing. Altman hopes to set speed limits for AI development while stating that OpenAI cannot currently cede its competitive advantage to rivals.

first_img Amazon launched the open-source tool TorchNeuron, lowering the threshold for transitioning to self-developed chips

Financial Associated Press, October 20 - Amazon launched the open-source tool TorchNeuron on the 19th local time, aiming to lower the barrier for developers to transition from NVIDIA chips to its self-developed chips, challenging NVIDIA's software barrier built on CUDA. According to reports, this tool allows AI code written in PyTorch to run on Amazon's self-developed AI chips without the need for rewriting. PyTorch is maintained primarily by Meta and is described as an open-source framework used by most AI developers.Amazon's chip design department, Annapurna Labs, introduced that with TorchNeuron, developers only need to modify one configuration to run the same code on the self-developed Trainium chip. Amazon announced the launch of this tool on the 19th local time and plans to publicly release it in a free open-source format at the PyTorch conference in San Jose, California on the 20th.Colin Brace, Vice President of Software at Annapurna Labs, stated in an interview that the launch of TorchNeuron is intended to reduce the steps required for developers to try Amazon's self-developed chips, starting from the customers' existing workflows. He revealed that over 30 early customers are already using it, covering fields such as robotics, world models, and voice AI, and mentioned that switching to Amazon chips can save costs.

first_img Zama: Merkl confidential incentive rewards are now available for collection

On October 19, the team from the fully homomorphic encryption company Zama announced that users participating in the incentive distribution platform Merkl on the Zama confidential vault can now directly receive cZAMA rewards in the Zama app. The rewards are settled through confidential transfers, and both the positions and the reward amounts remain confidential from deposit to distribution.In September 2026, Zama launched confidential access to 16 selected vaults on the lending protocol Morpho and initiated the first batch of confidential incentives with Merkl, where rewards are calculated based on encrypted balances. When depositing into eligible vaults, users can activate additional incentive options, granting viewing permissions for Merkl to read encrypted balances to calculate rewards without disclosing personal positions. This permission is enabled by default on the deposit interface, and deposits not shared with Merkl do not qualify for incentives.Confidential vaults accumulate based on the user's confidential vault shares and can be claimed during the ongoing activity; existing public vaults with confidential access have rewards collectively obtained by the vault packaging contracts, which are distributed after the activity ends. Zama recommends claiming confidential activities at the end to reduce multiple on-chain fees. Taking the Flowdesk Confidential High Yield USDT vault on Morpho as an example, the related activity ended on October 12, and eligible depositors can now claim their rewards. Users need to check their earnings in Merkl using their wallet and complete the claim in the Zama app by connecting the same wallet; the amount received will not be publicly disclosed on-chain.

first_img Volcano Engine launched the Seedance AI drama incentive program, with a maximum of 200,000 yuan per project

Phoenix Technology reported that on October 19, ByteDance's cloud and AI service platform Volcano Engine launched the Seedance Premium AI Drama Incentive Program, providing financial incentives for premium AI short dramas produced using Seedance and launched on the Hongguo Short Drama App. This program excludes live-action dramas and is only open to AI comics, AI simulated dramas, and other AI-generated forms. The video content of the submitted works must be entirely produced using Seedance, with the usage of Seedance 2.5 accounting for more than 50%, and the generation format through API or tool platforms is not limited.Works must rank within the top 50 AI dramas of the month based on Hongguo's popularity index and pass the review. The applicant can be a company or an individual and must ensure that the information is true and complete. The incentives are divided into three tiers based on monthly rankings: for TOP 1 to TOP 10, 200,000 yuan per work; for TOP 11 to TOP 20, 100,000 yuan per work; for TOP 21 to TOP 50, 50,000 yuan per work. The distribution method is 50% cash plus 50% equivalent vouchers. The vouchers can be chosen by the applicant at the time of registration from three options, including an equivalent Volcano Ark API Token, equivalent "Drama Creation" usage rights, or equivalent "Comic Creation Tool" usage rights. Selected works must cooperate to complete the verification of the work and generation records, and if necessary, submit original generation materials. Those who do not pass the verification or have false declarations will be disqualified from receiving incentives. The deadline for the first phase of the activity is January 31, 2027.
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