matrix

According to official news, the BNB Chain's executive Rollup project Matrix has completed a $7.5 million Series B financing round, with participation from ParaFi Capital, Tribe Capital, Point72 Ventures, CMT Digital, Lightspeed Faction, BITKRAFT Ventures, Makers Fund, and others.The funds from this round will mainly be used to advance the mainnet launch, the construction of the ZK validity proof system, and the Stage 2 decentralization process. Matrix is built on the Facet technology stack and is adapted to the BNB Chain PoSA consensus, featuring no centralized sequencer and no administrator privileges, with the transaction order directly determined by the BNB Chain. The official claims that it can effectively increase the throughput of the BNB ecosystem by 3 to 5 times. Currently, the Matrix testnet Phase 1 has been launched on October 3.

The semiconductor research organization SemiAnalysis has released the actual test results of Huawei's Ascend 950PR. The organization selected 1,055 sets of commonly used matrix calculations for large models. Huawei's own underlying program has allowed the 950PR to achieve 86% of its theoretical computing power, higher than NVIDIA's H100 at 75.5%; however, the actual computation speed is still only 43% of the H100, and only 21% compared to the relatively newer B300. This set of results has not yet utilized the newly ported operators from DeepSeek.DeepSeek is working on reducing data movement and waiting from the software side. In attention computation, after adjusting storage with FlashMLA, the two sets of data that originally needed to be read separately can now be retrieved at once; TileLang allows the chip to compute while preloading the next batch of data. SemiAnalysis measured that automatic scheduling has reduced the time for some small computing tasks by up to about 40%. DeepSeek has also ported DeepEP, which is responsible for MoE expert communication, but communication and computation will still compete for memory bandwidth, and Huawei plans to continue improving the firmware.Last year, DeepSeek attempted to train R2 using Huawei's Ascend chips, but even with Huawei engineers on-site for assistance, it could not be completed due to issues related to chip stability, inter-card communication, and software support. This year, both parties continue to collaborate, and by the end of September, DeepSeek focused on publicly releasing six sets of Ascend adaptation code. In October, it was reported that Huawei is adjusting the next generation of chip designs according to DeepSeek's model requirements. The 950PR tested this time is mainly aimed at inference input processing, while DeepSeek is preparing to use the 950DT for large-scale pre-training as early as the end of the year. Previously, both parties had conducted tests at the thousand-card level, but to enable tens of thousands of chips to complete a round of large model training continuously, more complex coordination and stability issues still need to be resolved.

According to the updated data from the official website of the Hong Kong Securities and Futures Commission, the virtual asset trading platform license application submitted by Matrixport HK was withdrawn on October 12.Matrixport HK had submitted the virtual asset trading platform license application to the Hong Kong Securities and Futures Commission on February 26, 2024.

According to the 21st Century Business Herald, the Chaoyang Branch of the Beijing Public Security Bureau reported that it has recently filed a case for investigation into the suspected illegal activities of related companies of Yixin. Currently, several criminal suspects, including the actual controllers Tang and Zhao, have been subjected to criminal coercive measures in accordance with the law.Yixin Group had previously fully suspended the redemption of quasi-fixed income products on May 22 and issued an apology letter to relevant investors on October 11. Yixin stated that the group has incurred significant losses in multiple businesses, and the market value of asset disposal is relatively low. Preliminary findings indicate that the group may be insolvent and has a significant debt repayment gap.

According to The Information, NVIDIA (NVDA.O) will invest in chip competitor D-Matrix.

Michael Saylor, the founder of Bitcoin Treasury Company Strategy, posted on the X platform stating that Bitcoin can serve different types of investors. BTC provides direct ownership, MSTR offers leveraged Bitcoin exposure, while STRC provides income opportunities, and its 30-day price volatility is lower than all "Seven Giants" stocks.Michael Saylor added that digital capital is the foundation of digital equity and digital credit.

According to official news, Matrix has completed a $6.5 million financing round, with participation from AC Capital, UZ Capital, and others.Matrix is an Unstoppable Execution Rollup built on top of BNB Chain L1. The project utilizes the Facet technology stack to reconstruct and deeply adapt the PoSA consensus, significantly enhancing ecological throughput capacity through an independent high-performance execution environment while fully inheriting BNB's ordering, data availability, and finality.

According to monitoring by Lookonchain, the Matrixport-associated whale (@BITofficial_EN) holds 120,000 ETH and 500 BTC long positions, valued at $187 million and $29.33 million, respectively.After holding for 4 months, the long position changed from an unrealized loss of $92.5 million to an unrealized gain of $11.5 million.

Bitget announced the integration of the AI trading platform MATRIX[ON] under ClaudeTrader™. Users can access a professional trading environment that integrates AI analysis, risk management, and market intelligence with one click, without the need to manually configure APIs or migrate data across platforms, achieving a seamless connection from market access to intelligent decision-making.MATRIX[ON] consolidates tools that were previously scattered across multiple platforms or limited to professional institutions into a single interface, covering whale tracking, clearing monitoring, hedge execution, account health analysis, and AI-driven market intelligence, providing traders with a complete view of market conditions and risk assessment.MATRIX[ON] CEO Kyriacos Adamantos stated that true trading analysis tools have long been limited by high costs or institutional barriers, and through this collaboration, every trader worldwide can gain equal access to top-tier tools.

The digital asset financial services platform BIT announced that its subsidiary Matrixport Technologies Ltd has been approved by the British Virgin Islands Financial Services Commission (BVI FSC) to obtain a Class 2 investment business license (arranging investment transactions) under the Securities and Investment Business Act (SIBA), and has completed VASP registration under the Virtual Asset Service Providers Act (VASP Act).According to the scope of approval, Matrixport Technologies Ltd can conduct regulated investment business activities involving arranging investment transactions in accordance with BVI SIBA, supporting institutional and professional market operations and other financial services activities within the scope of the license; at the same time, it can conduct regulated virtual asset business under the BVI VASP framework.BIT stated that this approval comes after nearly three years of regulatory communication and preparation, marking an important milestone in the company's process of building a globally compliant digital asset platform.

According to HyperBot data, the total position value of perpetual contracts related to Matrixport held by whales has reached $81,379,845, with a total account net worth of $40,076,832.From this morning to noon, the ETH market has continued to rise, and the unrealized profit for this address has reached $2 million. It currently holds 35,000 ETH, with a position value of approximately $81,380,000. The average entry price is $2,269, the current mark price is $2,325, and the estimated liquidation price for this position is $1,204.

According to Onchain Lens monitoring, a Matrixport-associated whale that has made over $59 million opened a long position of 30,000 ETH with 15x leverage in the past hour, worth $68 million. Currently, this whale holds a total of 58,000 ETH long positions through three different addresses (0xa5B0...1D41, 0xfd42...3d97, 0x6c85...84f6), with leverage ranging from 15 to 20 times, and the total value of the positions reaches $131.82 million.

The HTX Genesis Hackathon, hosted by HTX DAO and B.AI, and co-initiated by TinTinLand and OpenCity, has opened in Hong Kong. The opening event was lively, with increasing frequency of exchanges and interaction density, creating a high-intensity dialogue atmosphere among developers, investors, and ecosystem participants.HTX DAO ambassador Molly shared on the theme "HTX DAO Ecosystem Development Plan: Launch of a Multi-Million Dollar Ecological Fund and Value Closed-Loop Strategy." She pointed out that the core vision of the HTX Genesis Hackathon is to build a free financial port based on the exchange's hinterland. To achieve this goal, five major ecological matrices covering the entire industry chain have been constructed, including: Huobi HTX as the core business engine and liquidity center; HTX DAO serving as the governance hub and centralized decision-making brain of the ecosystem; public chains and innovation layers providing payment network support through TRON, and building a solid DeFi infrastructure with JustLend, SunX, etc.; HTX Ventures focusing on industry frontiers, providing investment, incubation, and acceleration services for outstanding projects; and B.AI aiming at future trends, dedicated to creating financial infrastructure for the AI Agent era.Molly further emphasized that regarding future development, Huobi HTX has clearly proposed four core strategic keywords: "stability, transparency, institutionalization, AI empowerment," aiming to enhance the platform's long-term competitiveness in a complex market environment and provide ecosystem participants with more certain growth expectations.

Digital financial services group Matrixport today announced its official rebranding to BIT, and will operate globally under the BIT brand. Along with the brand upgrade, BIT also released the "2026 Trust White Paper," which systematically discloses the governance and risk control framework that the group has established and continues to operate, providing a verifiable trust foundation for customers and partners.Currently, as the institutionalization process of the digital asset industry accelerates and the regulatory system improves, the market's demands for platform governance capabilities and compliance operation levels are continuously increasing. The new BIT brand more clearly reflects the company's current business positioning and represents the strategic direction for the next phase of development.BIT CEO John Ge stated, "The digital asset industry is entering a new stage where governance capabilities and compliance operations are increasingly important. BIT embodies the results of the continuous evolution of the company's business and represents our long-term commitment to building a trustworthy digital asset financial infrastructure."

According to monitoring by Lookonchain, the Matrixport associated wallet closed Ethereum long positions, making a profit of 14.47 million dollars, and then went long on ETH again, currently holding 40,000 ETH, worth 90.66 million dollars.

According to official news, the AINFT AI service platform has recently completed a new round of model upgrades, adding three industry-leading large models at once. MiniMax-M2.5 makes complex task handling smarter; Kimi-K2.5 specializes in ultra-long document analysis; GLM-5 achieves a comprehensive balance in reasoning, coding, and Chinese language capabilities, meeting diverse scenario needs.Currently, the platform has gathered mainstream models such as Claude, ChatGPT, and Gemini, allowing flexible calls to multiple models through a unified entry point, with pay-as-you-go billing and no subscription constraints, significantly lowering the usage threshold for developers. New users receive one million points upon registration to immediately experience cutting-edge AI capabilities.