In the past hour, total liquidations across the network reached $14.90 million, with $14.16 million from long positions, with $740,375.77 from short positions. BTC liquidation $4.59 million, ETH liquidation $4.05 million.

According to PeckShield monitoring, the OLPC/LABUBU liquidity pool on the BNB Chain of PancakeSwap was attacked, with attackers stealing approximately $1.1 million worth of assets. Following the incident, the attackers transferred the stolen funds across chains to Ethereum and then deposited 633.4 ETH into the Tornado Cash mixing protocol. Additionally, the attackers sent 0.0221 BNB and 0.0411 ETH to an abandoned address. Details of the attack and the flow of funds are still being tracked.

According to Bijie.com, WeChat's native AI assistant, "Xiaowei," has been rolled out in a limited rollout in the upper left corner of the main interface, allowing users to operate WeChat's native functions and launch mini-programs via text or voice. User testing shows that "Xiaowei" can generate playable music playlists based on conversations, as well as create personalized widgets with charts and buttons within a single sentence, or generate chat summaries in group chats. Tencent customer service confirmed that "Xiaowei" is a native AI assistant being tested on a small scale by the WeChat team. Its underlying main model uses Tencent's self-developed Welm model, with some answers provided by DeepSeek. Users can directly send PDF files, and the assistant can provide a structured summary and demonstrate its thought process. When a user sets a 5-minute reminder, the system will directly generate a to-do reminder within the conversation. Users can also generate widgets with pages, buttons, and statistical charts within seconds by inputting text requests within "Xiaowei." Currently, the generated widgets are for personal use only and cannot be shared with others. The assistant is still in the limited rollout testing phase, and some functional details are still somewhat rough. Tencent has not yet announced plans for a larger-scale rollout.

According to Odaily Planet Daily, Tether co-founder Reeve Collins stated that the stablecoin industry is entering its "2.0 era." He noted that current stablecoin infrastructure still suffers from structural problems, and the next generation of solutions needs to address the issue of users not receiving returns from reserve assets. The core logic of the stablecoin 1.0 model is "users provide $1, issuer issues 1 token," but users only gain payment and transfer convenience without sharing in reserve returns. In the future, financial services will gradually become infrastructure, and "users won't care which bank sends the funds." AI agents may choose different financial ecosystems based on user interests. The next stage of competition in stablecoins will revolve around financial infrastructure and return distribution models. Regarding regulatory issues, Reeve Collins disclosed that he still holds Bitcoin long-term, while pointing out that dollar-denominated stablecoins are essentially still an extension of the US financial system, facing regulatory risks and differing from central bank digital currencies (CBDCs), which may offer stronger programmability and financial monitoring capabilities. (Financefeeds)

According to Lookonchain monitoring, 7 hours ago, a whale spent 16.55 million USDC to purchase 234,898 SOL, with an average purchase price of $70.5.