PANews reported on October 17 that according to Qichacha information, Shanghai Solana Enterprise Management Co., Ltd. was established in June this year with a registered capital of 5 million yuan. Claire Du (堵燕菁), co-head of Solana China, serves as the legal representative. In August this year, the company, holding 45% of shares, jointly established Shanghai Yaokun Qiusuo Digital Technology Co., Ltd. with other parties, with a registered capital of 10 million yuan. Even Jiang (蒋逸雯), co-head of t

PANews October 17 report: The Bank for International Settlements (BIS) released a working paper titled "Are Stablecoins Substitutable for Bank Deposits?" The study is based on weekly US data from January 2019 to June 2025. After controlling for factors such as Bitcoin prices, government bond yields, and financial market conditions, it found that rising bank deposit interest rates are associated with a slowdown in stablecoin market capitalization growth. According to the baseline model estimates,

PANews reported on October 17 that Anthropic co-founder Jack Clark said on Saturday that artificial intelligence capabilities are rapidly improving and will bring faster changes across various fields. An internal economic model of the company predicts that by 2030, AI could drive the U.S. economic output to grow significantly to $44 trillion. Clark stated at the IMF and World Bank annual meetings held in Bangkok that the international community needs to work together to establish "special and st

Today's News Highlights: DeepSeek V4.1 Flash releases new version NEAR Intents publishes security incident review report, $3.8 million fully recovered Solana Accelerate China Shenzhen event postponed Sui developer Mysten Labs establishes AI business unit, President Kevin Boon to become CEO Tesla's new Roadster offers three versions, Rocket Edition supports flight, invite-only purchase Charles Schwab announces all clients can directly buy Bitcoin Circle's revenue in first half of 2026 about $1.4

PANews October 17 news, according to the "Sci-Tech Innovation Board Daily" report, DeepSeek V4.1 Flash has now been updated to version V4.1-Flash-1017. The official web client, APP, and API models have all been synchronized to the new model. Compared to the previous version DeepSeek V4.1 Flash, the new model has achieved improvements in various benchmark tests. This upgrade focuses on optimizing platform frameworks such as DeepSeek Harness, Tencent CodeBuddy, and WorkBuddy.

Written by: Zhang Yaqi The U.S. stock market is experiencing a rare internal split—the indices remain steady, but beneath the surface, chaos reigns. Morgan Stanley's Chief Equity Strategist Mike Wilson warned in his latest report that **tightening financial conditions are quietly accomplishing part of the Federal Reserve's work, but this impact is being absorbed mainly by ordinary stocks rather than the few AI-centric giants.** The 10-year U.S. Treasury yield has surpassed 5.3%, the dollar has r

Author: Jae, PANews On October 15, a notice from StandX put the brakes on the rapidly advancing decentralized perpetual contract exchange (Perp DEX) sector. Unlike the common soft exit of "high valuation token cash-out and letting the secondary market trample," StandX chose a relatively decent approach: gradually ceasing operations, abandoning the originally planned token issuance (TGE), and compensating community users with a one-time DUSD airdrop. Even so, users who had long been accumulating

Written by: Oluwapelumi Adejumo, cryptoslate Compiled by: Saoirse, Foresight News Scammers defrauded millions of dollars from Russian-speaking investors and, weeks later, contacted these victims again, promising to help them recover all their losses. On October 14, the Brooklyn District Attorney's office announced the case. A multinational joint law enforcement operation shut down 112 servers and 241 involved websites. These sites served cryptocurrency investment scams, believed to have extorted