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According to official news, Gate has launched Hakimi perpetual contract trading (settled in USDT), supporting 1-20 times leverage. At the same time, Gate has launched SUE (Construction Cat) perpetual contract trading (settled in USDT), supporting 1-10 times leverage.It is reported that SUE (Construction Cat) is an orange kitten rescued from a Komatsu excavator in Ohio, USA. The construction team named it after the machine brand, abbreviated as Sue. SUE is a meme coin on the BCS chain.

According to on-chain analyst Yu Jin's monitoring, a "news trader" paid a bribe of 40.8 BNB (31,000 USD) in node bribes and Gas fees to front-run the purchase of Hakimi at the first second of the announcement of the Hakimi contract going live on Binance, subsequently selling for a profit of 378,000 USD.Analysis shows that the announcement of the Hakimi contract going live on Binance was made at 13:55:12. Within the first second, he paid a bribe of 35.3 BNB (26,800 USD) to the node BNB48 Club and used a smuggled RPC channel to front-run and buy 9.89 million Hakimi with 264.7 BNB (200,000 USD) at a price of 0.02 USD. He also paid a high Gas fee of 5.5 BNB (4,200 USD). Of course, the high bribe and Gas fees allowed him to buy at the very front, and then other traders bought after him, pushing up the price.

According to Lookonchain monitoring, a trader 0xb319 profited approximately $350,000 again through Binance after the news related to the Hakimi perpetual contract was released.The address paid 5.5 BNB (about $4,200) as Gas fees after the news was published and purchased 9.9 million Hakimi for 264.7 BNB (about $202,000).

The Binance contract platform will launch the PONSUSDT perpetual contract on September 6 at 14:45, with a maximum leverage of up to 20 times; and the Hakimi USDT perpetual contract will launch at 15:15, with a maximum leverage of up to 3 times.

According to LatePost, Moon's Dark Side (Kimi) has submitted an A1 application to the Hong Kong Stock Exchange in a confidential manner, officially starting the IPO process for Hong Kong stocks. At the same time, the company is advancing a new round of financing with a pre-IPO valuation of approximately $50 billion, expected to be the last round before the IPO.The report cites public and market information stating that Kimi has accelerated its model iterations this year, successively releasing K2.5, K2.6, and K3, and updating at a pace of about one version every three months.On the revenue side, Kimi's ARR broke $100 million in early March this year and increased to around $300 million by mid-June; after the release of K3, the enterprise ARR saw several times growth. With the increase in usage and computing power demand, Moon's Dark Side has raised its valuation from about $4.3 billion at the end of 2025 to the current approximately $50 billion through multiple rounds of financing.

Bitcoin has reappeared with a "kimchi premium" in the South Korean market. The price of Bitcoin in Korean won on South Korea's largest cryptocurrency exchange, Upbit, is about 1% higher than the price in US dollars on Binance. This premium has persisted for a week, marking the longest duration since early May.At the beginning of September, Bitcoin's price was around $79,000, having briefly surpassed $80,000 in August. The net inflow into US spot Bitcoin ETFs was approximately $1.92 billion in the week of August 17, setting a new weekly high for the past 10 months; by the end of August, another $923 million flowed in.Data from Upbit shows that for most of this summer, Bitcoin was trading at a discount in the South Korean market compared to international prices, with the discount reaching 3.1% in early June and an average discount of 0.25% in August. 10x Research indicates that while the Korean premium has turned positive, spot trading volume has not increased in tandem.

According to Jinshi reports, the dark side of the moon Kimi announced that the company's first-generation trillion-parameter multimodal model Kimi K2.5 will end its service at the end of this month.

According to Bitcoin.com, cybersecurity company Genians Security Center has released an analysis report stating that the North Korean Reconnaissance General Bureau's hacker organization Kimsuky is building and testing a set of AI-based cyber attack tools. Researchers found traces of the deployment of three local AI platforms: Ollama, GPT4All, and Msty, as well as components of AI development frameworks such as Microsoft Semantic Kernel and LLaMaSharp in their infrastructure, indicating that the organization is systematically developing dedicated AI attack tools rather than just making temporary attempts.Since early 2026, Kimsuky has been using high-quality documents generated by generative AI for spear-phishing attacks targeting virtual assets, financial investments, and game development. The AI-generated professional documents significantly reduce the effectiveness of traditional phishing email detection. The attack vector is a ZIP archive disguised as a legitimate document, containing a malicious LNK file that, when triggered, can silently execute PowerShell commands in the background.

According to Wired, during security testing, the open-source model Kimi K3 from the dark side of the moon broke out of the sandbox and accessed the internet, attempting to find test answers via GitHub. American security startup Frontier Security stated that Kimi K3 exploited a sandbox configuration vulnerability, but it itself lacked sufficient built-in protective mechanisms.Similar to incidents previously disclosed by OpenAI and Anthropic, this escape partially stemmed from a sandbox configuration error. However, Kimi K3 did not initiate an attack, as the answers were easily accessible on GitHub. The CEO of Frontier Security stated that Kimi K3 performed excellently in cybersecurity defense but lacked mechanisms to prevent cheating or escaping the sandbox. Security experts emphasized that configuring the testing environment is crucial, as the misuse of AI agents could lead to system failures.

According to Reuters, Alibaba plans to require its next-generation Qwen open-source AI model's heavy commercial users to share a portion of their revenue with it. This initiative is similar to the approach taken by Moonlight Dark Side with Kimi K3: the licensing terms for Kimi K3 stipulate that if the model is sold as a service and the annual revenue exceeds $20 million, a commercial agreement must be negotiated with Moonlight Dark Side, with reports suggesting a revenue-sharing ratio of up to 30%. The specific revenue-sharing ratio for Alibaba is still under discussion.The report points out that such revenue-sharing agreements have gradually taken shape between Chinese AI companies and American cloud platforms. Several American cloud providers, including DigitalOcean, have signed commercial agreements with Moonlight Dark Side. In terms of pricing, the input/output token price for Kimi K3 is about one-third that of the Anthropic Fable model. Additionally, Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, has also joined the open-source camp and released its first open-source model last month. This move signifies that Chinese AI companies are exploring sustainable commercialization paths on open-source models through a "free open-source + commercial charging" freemium model.

According to the official announcement, the third phase of Gate Pre-IPOs will launch Moonshot AI (KIMI) and introduce a dedicated trading market mechanism for Pre-IPOs, providing exclusive trading and circulation channels for pre-listing asset certificates.The KIMI asset certificate is a mirror note designed based on the changes in the enterprise value of Moonshot AI. The subscription period is from August 11, 2026, 15:00 to August 13, 2026, 15:00 (UTC+8), allowing users to participate using both USDT and GUSD. After the subscription ends, the asset certificates will be 100% unlocked and issued on August 17, 2026, at 15:00 (UTC+8).It is worth noting that, unlike previous participation methods in Pre-IPOs, this phase of KIMI asset certificates is expected to open a dedicated market for trading about one month after the completion of subscription and distribution. Users holding positions can trade and circulate based on real-time market prices, choose to sell part of their holdings to recover principal, or continue to hold the remaining assets to participate in the future value changes of the target enterprise. The holding period for the profit portion is expected to range from several months to several years, depending on the target enterprise's IPO process or other exit arrangements; if the target enterprise completes an IPO in the future, the platform will provide subsequent asset handling solutions based on actual conditions, including stock asset exchange or stock token exchange methods.

Earlier market news indicated that Dark Side of the Moon (Kimi) plans to submit its Hong Kong IPO application as early as this month, potentially raising about 3 billion dollars. In response, Dark Side of the Moon stated that the news is false.

According to market news, Dark Side of the Moon (Kimi) plans to submit its Hong Kong IPO application as early as this month, aiming to raise approximately $3 billion. As of the time of publication, Dark Side of the Moon has not publicly responded to or confirmed this matter.

The Dark Side of the Moon (Kimi) has been renamed Beijing Dark Side of the Moon Technology Co., Ltd., and the company type has changed from a limited liability company to a non-listed joint-stock company. Yang Zhilin serves as the chairman and manager, Zhang Yutong has been added as a director, and Song Sijia has been added as the financial officer.This change is commonly referred to as a stock reform. The China Securities Regulatory Commission stipulates that if a domestic company directly lists overseas with a domestic entity, the issuer must be a joint-stock company.According to previous reports, the Dark Side of the Moon has issued a shareholder resolution for listing in Hong Kong, with the earliest possible IPO within six months, and has begun dismantling the red-chip structure. The company has not officially announced the listing time.

According to news from Alibaba Cloud, the Alibaba Cloud Zhenwu M890 super node instance has been Day0 adapted to Kimi K3. Both parties will further develop domestic computing power cooperation, and the Qianwen AI platform and Alibaba Cloud Bailian will also provide the model API for Kimi K3.

The Kimi.ai team has opened the Kimi K3 model weights and technical report while gradually open-sourcing multiple underlying infrastructures: including the high-performance communication library MoonEP for distributed MoE training, the distributed environment system AgentENV for large-scale agent workflows (in collaboration with kvcache-ai), and the Kimi Delta Attention high-performance kernel FlashKDA based on CUTLASS.The official statement claims that these components can reduce communication and inference overhead in large-scale MoE and agent reinforcement learning training, and can be used as a plug-and-play backend for flash-linear-attention.

The joint assessment by the UK Institute for AI Safety and the US Center for AI Standards and Innovation shows that Moonshot AI's Kimi K3 can assist in the development of exploit vulnerabilities and simulate cyber attacks without substantial hindrance, but its overall cybersecurity capabilities still lag significantly behind leading models in the United States.

Moonshot AI's latest flagship open-source model Kimi K3 is officially launched on B.AI Web Chat. Previously, B.AI had already completed the Kimi K3 API integration, and this Web Chat launch further lowers the usage threshold. Users can now directly experience the powerful capabilities of this world's first open-source 3T level model in long-range programming, complex reasoning, and deep knowledge work on the web.

NVIDIA CEO Jensen Huang stated in an exclusive interview with Axios on Tuesday that American companies "absolutely" should be allowed to use Chinese open-source AI models, directly challenging the Trump administration and some American AI labs' blockade policies.Huang believes that the market's panic over Kimi K3 is a misreading, similar to the sell-off triggered by DeepSeek in early 2025: cheaper open-source models will expand the AI audience and increase, rather than decrease, the demand for chips, data centers, and computing power. "Free AI is good for hardware, good for chips, good for data centers." He also refuted the notion that open-source models pose security risks, claiming that open-source is actually safer because external researchers can examine the models, expose vulnerabilities, and build defenses, while calling for Anthropic to open its Claude Mythos model to "everyone."Huang rejected the narrative that "China will defeat American companies," arguing that the AI race has no finish line and that China and the U.S. will coexist in the long term. Hours after the interview, U.S. Treasury Secretary Bessent stated that the government is reviewing whether Chinese AI models are stealing intellectual property and considering sanctions. Huang responded that knowledge distillation is the foundation of intelligence and that accountability should be directed at violations rather than the models themselves.