Citrini Analyst Jukan Responds to Controversy: Admits Past Misconduct, Apologizes, and Says He Will Rebuild Trust Through Long-Term Actions
Odaily Planet Daily reported that Citrini analyst Jukan recently issued a public statement in response to controversy arising from his past online activity. He admitted that some of the old posts that were exposed were indeed authored by him, and he apologized for issues including his past inappropriate remarks, the unauthorized sharing of other people’s information, and insufficient citation/labeling of information sources. Jukan said that recently social platforms such as X circulated posts and allegations regarding his past online behavior. He acknowledged that some of the content indeed had been posted by him in the past, and said he would not evade the responsibility he should bear, but he hoped to distinguish between facts that have been verified and further speculation from the public. In his youth, he had long been active in multiple online communities, when he excessively chased attention and interactions. He intentionally posted controversial content at the time to provoke reactions from others. Looking back, Jukan believes these behaviors were “immature and wrong.” Some political or social views do not fully represent his current values; rather, they were meant to generate discussion and attention.
DefiLlama delayed mobile launch because Apple’s App Store had phishing impersonation apps
Odaily Planet Daily reports that DeFiLlama’s founder, 0xngmi, said the team spent months requesting Apple to remove from the App Store phishing apps impersonating DefiLlama, which delayed the launch of its mobile app until all related impersonation apps were removed. 0xngmi said that after the team downloaded one of the malicious apps and recorded a small crypto wallet being stolen, Apple took it down within days. In 2024, impersonation apps pretending to be Rabby Wallet and Curve Finance also appeared on the App Store; in November 2023, a fake Ledger Live app on the Microsoft Store stole $588,000 through 38 transactions. (Cointelegraph)
Odaily Planet Daily News: The crypto industry had previously reached a compromise on the controversy over whether users of stablecoins can receive rewards. However, banking industry lobbying groups have raised objections again, creating uncertainty around the proposed compromise related to the “Clarity Act.” The banking industry argues that if the yield offered by stablecoins competes with the interest paid on bank deposit accounts, depositors may shift to stablecoins. Crypto industry advocates point out that this argument has a clear flaw. At present, the deposit interest rates offered by banks are lower than in the past, and there has been no large-scale outflow of depositors. Moreover, banks emphasize that the share of lending business in their highly profitable business model is continuing to shrink. (CoinDesk)
Odaily Planet Daily News: According to on-chain analysts monitoring by Ai Yi, a certain address offloaded 5.12 million MarsCoin at a price of $0.00006885 two days before the MarsCoin rally, incurring a loss of $4,533. At that time, the market value of this portion of tokens was $68,000; it is now worth $171,000. 55 minutes ago, the same address chased the price and bought MarsCoin worth $2,308, and is currently in a floating profit position, but overall it still has not broken even.
Analysis: A global shake-up in open-source AI—Chinese open-source models accelerating their rise
Odaily Planet Daily reports: A recent observation report released by the AI open-source platform Hugging Face shows that the global open-source AI ecosystem is expanding rapidly, and that Chinese models are becoming an important driving force within it. Hugging Face’s report states that since 2026, in most months, the largest open-source models released by Chinese AI companies have significantly outpaced their U.S. counterparts in parameter scale. China’s monthly parameter upper limit ranges from 754 billion to 2.78 trillion, while U.S. models in most months during the same period are below 130 billion. Not only does China lead in terms of scale, but its models also stand out in building open ecosystems. According to data from Hugging Face, among Chinese models with over 2 billion parameters, more than 80% use relatively permissive license agreements, allowing enterprises and developers to conduct further development and commercial deployment. Among them, Qwen has become an important foundational model in Hugging Face’s open-source ecosystem. Data shows that the number of derivative models based on Qwen has exceeded 150,000, far surpassing competitors such as Google and Meta.
DefiLlama delayed the mobile app launch due to phishing and impersonation apps on Apple’s App Store
Odaily Planet Daily reports that the founder of the crypto data analytics platform DefiLlama, 0xngmi, said that the team spent months asking Apple to take down phishing apps impersonating DefiLlama from the App Store, which delayed the launch of the mobile app until all related impersonation apps were removed. 0xngmi said that after the team downloaded one of the malicious apps and recorded the theft of a small crypto wallet, Apple delisted it within a few days. In 2024, the App Store also saw impersonation apps posing as the Rabby wallet and Curve Finance; in November 2023, a fake Ledger Live app on the Microsoft Store stole $588,000 through 38 transactions. (Cointelegraph)
Odaily Planet Daily News: According to on-chain analysts monitoring by Ai Yi, a certain address offloaded 5.12 million MarsCoin at a price of $0.00006885 two days before the MarsCoin rally, incurring a loss of $4,533. At that time, the market value of this portion of tokens was $68,000; it is now worth $171,000. 55 minutes ago, the same address chased the price and bought MarsCoin worth $2,308, and is currently in a floating profit position, but overall it still has not broken even.
Analysis: A global reshuffling of open-source AI is underway, as China’s open-source models accelerate their rise
Odaily Planet Daily News: According to a recent observational report released by AI open-source platform Hugging Face, the global open-source artificial intelligence ecosystem is rapidly expanding, and Chinese models are becoming an important force within it. Hugging Face’s report states that since 2026, for most months, the largest open-source models released by Chinese AI companies have significantly outpaced their U.S. counterparts in terms of parameter scale. The monthly upper limit for parameters of Chinese models ranges from 754 billion to 2.78 trillion, while U.S. models in most months during the same period remain below 130 billion. Not only are they leading in scale, Chinese models are also performing remarkably in building open ecosystems. According to Hugging Face’s data, among Chinese models with more than 20 billion parameters, over 80% adopt relatively permissive license agreements that allow enterprises and developers to conduct further development and commercial deployment. Among them, Qwen has become an important foundational model in Hugging Face’s open-source ecosystem. Data shows that the number of derived models based on Qwen has already exceeded 150,000, far surpassing competitors such as Google and Meta.
Odaily Planet Daily News: The crypto industry had previously reached a compromise on the controversy over whether users of stablecoins can receive rewards. However, banking industry lobbying groups have raised objections again, creating uncertainty around the proposed compromise related to the “Clarity Act.” The banking industry argues that if the yield offered by stablecoins competes with the interest paid on bank deposit accounts, depositors may shift to stablecoins. Crypto industry advocates point out that this argument has a clear flaw. At present, the deposit interest rates offered by banks are lower than in the past, and there has been no large-scale outflow of depositors. Moreover, banks emphasize that the share of lending business in their highly profitable business model is continuing to shrink. (CoinDesk)
Odaily Planet Daily News Report According to GMGN data, the BSC on-chain meme coin MarsCoin has seen its market capitalization surge, breaking through $36 million, reaching a new high again. It is currently at $32.2 million, up approximately 462 times in 24 hours.
Odaily reminds users that meme coin prices can be highly volatile, so investors should participate with caution.
Odaily Planet Daily News Report According to GMGN data, the BSC on-chain meme coin MarsCoin has seen its market capitalization surge, breaking through $36 million, reaching a new high again. It is currently at $32.2 million, up approximately 462 times in 24 hours.
Odaily reminds users that meme coin prices can be highly volatile, so investors should participate with caution.
Odaily Planet Daily News: SafePal officially released a statement saying that its order-tracking plugin has a security vulnerability, which led to unauthorized access to some customers' order information. Approximately 39,800 affected customers were users who placed orders between March 2, 2025 and April 11, 2026. The leaked information includes names, email addresses, shipping addresses, phone numbers, and purchase details. Users’ wallets, mnemonics, and private keys were not affected. The incident does not involve mnemonics, private keys, wallet passwords, bank account information, payment card numbers, or government-issued identification documents. The issue has been resolved. SafePal has implemented additional security measures and notified all affected customers separately via email. Users can check whether they were affected by using the official verification page with their order number and the destination country.
AI fund Situational Awareness drawdown weighs on Jane Street; July losses reach $15 billion
Odaily Planet Daily reports that the Wall Street quantitative trading giant Jane Street suffered losses of about $15 billion in July’s market selloff due to its investment in AI-themed hedge fund Situational Awareness and other technology stocks. Insiders say that although Jane Street experienced a major drawdown in July, its trading revenue since the beginning of this year has exceeded $40 billion, far higher than that of global large banks and other market makers, and also surpassing its full-year 2025 trading revenue of $39.6 billion. In an internal memo to employees, Jane Street confirmed that July was “a bad month” for the firm. The company said that the AI-themed hedge fund Situational Awareness it invested in had expanded its positions earlier in the year due to strong performance in the first half. However, during the sharp selloff in AI stocks, it saw a significant drawdown, bringing Jane Street’s related investment returns for the year back to roughly flat, though still profitable compared with the initial investment.
Odaily Star Daily News Report: According to GMGN data, the market cap of MarsCoin has surpassed $29 million, hitting a new high. It is currently reported at $23.73 million, with a 24H increase of 34200%.
Odaily reminds users that meme coin prices experience significant volatility, so investors should participate cautiously.
Odaily Planet Daily News: SafePal officially released a statement saying that its order-tracking plugin has a security vulnerability, which led to unauthorized access to some customers' order information. Approximately 39,800 affected customers were users who placed orders between March 2, 2025 and April 11, 2026. The leaked information includes names, email addresses, shipping addresses, phone numbers, and purchase details. Users’ wallets, mnemonics, and private keys were not affected. The incident does not involve mnemonics, private keys, wallet passwords, bank account information, payment card numbers, or government-issued identification documents. The issue has been resolved. SafePal has implemented additional security measures and notified all affected customers separately via email. Users can check whether they were affected by using the official verification page with their order number and the destination country.
Odaily Star Daily News Report: According to GMGN data, the market cap of MarsCoin has surpassed $29 million, hitting a new high. It is currently reported at $23.73 million, with a 24H increase of 34200%.
Odaily reminds users that meme coin prices experience significant volatility, so investors should participate cautiously.
AI fund Situational Awareness drawdown weighs on Jane Street; July losses reach $15 billion
Odaily Planet Daily reports: Wall Street’s quant trading giant Jane Street suffered losses of about $15 billion in July’s market selloff due to its investments in the AI-themed hedge fund Situational Awareness and other technology stocks. Insiders said that despite the major drawdowns in July, Jane Street’s trading revenue this year has already exceeded $40 billion, far higher than that of global large banks and other market makers, and above its $39.6 billion in trading revenue for all of 2025. Jane Street confirmed in an internal memo to employees that July was “a bad month.” The company said that its AI-themed hedge fund, Situational Awareness, had previously increased its positions after strong performance in the first half of the year. However, during the AI stocks selloff in July, it suffered a significant drawdown, causing Jane Street’s related investments to be roughly flat in terms of returns for the year, though still profitable compared with the initial investment.
Odaily Planet Daily News According to a post on X by Bloomberg ETF analyst Eric Balchunas, the top 10 holdings of the S&P 500 index account for 39% of its weight and contributed 41% of its earnings.
Odaily Planet Daily News: Iranian Army Commander-in-Chief Hatami said today (Aug. 16) that the U.S. military has been expelled and is no longer allowed to enter the Persian Gulf, the Gulf of Oman, and the Strait of Hormuz. Hatami emphasized that the U.S. military’s bases in the region will never be able to return to their previous state, and Iran would never allow such a situation to happen. (CCTV International News)
Odaily Planet Daily News: Iranian Army Commander-in-Chief Hatami said today (Aug. 16) that the U.S. military has been expelled and is no longer allowed to enter the Persian Gulf, the Gulf of Oman, and the Strait of Hormuz. Hatami emphasized that the U.S. military’s bases in the region will never be able to return to their previous state, and Iran would never allow such a situation to happen. (CCTV International News)
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