深潮 TechFlow

Deep Tide TechFlow News, October 25 — According to Jin10, the Houthi movement issued a statement saying that the Yemeni Armed Forces carried out seven military operations using multiple ballistic missiles and drones, striking seven targets in Saudi Arabia, including Saudi Aramco facilities in Yanbu, the Rabigh refinery, a crude oil pumping station, and the East-West Crude Oil Pipeline.
The statement said the targets also included King Khalid International Airport in Riyadh, King Fahd International Airport in Dammam, Najran Airport, and the Khamis Mushait Air Base. Air traffic at King Fahd International Airport was disrupted. The Houthi movement also said Saudi Arabia had carried out 100 airstrikes against civilian facilities in Sana'a and other areas over the past 24 hours, killing and injuring dozens of people. Since the latest escalation began, Saudi Arabia has carried out a total of 3,123 airstrikes and missile attacks. The group said it would continue military operations deep inside Saudi Arabia until the aggression stops and the blockade is lifted.

TechFlow News: According to Jin10 Data on Oct. 24, gold jewelry prices in China continued to fall, with Chow Tai Luk 24K gold dropping below 1,200 yuan. The National Bureau of Statistics said prices rose for 22 products in mid-October, while live hog prices fell 4.9% month on month. Cui Dongshu said China’s combined output of power and other batteries reached 237 GWh in September, up 57% year on year.
The Ministry of Commerce said it firmly opposes the US’s discriminatory expansion of restrictions on investment in China. Wang Huning accompanied North Korean leader Kim Jong Un on a visit to Dandong. Rumors that some models of Nvidia consumer graphics cards are being discontinued are stirring up Huaqiangbei’s computer parts market.

According to CoinGlass data, over the past 24 hours, 228,165 traders were liquidated across the crypto market, with total liquidations reaching $841 million. Of this, $697 million was from long positions, accounting for 82.8%; $144 million was from short positions, accounting for 17.2%.
By cryptocurrency, Bitcoin (BTC) liquidations totaled approximately $234 million, with long positions accounting for 94.9%; Ethereum (ETH) liquidations totaled approximately $183 million, with long positions accounting for 93.4%; and IRYS liquidations totaled approximately $65.4131 million, with short positions accounting for 83.7%.
The largest single liquidation in the past 24 hours occurred on Binance's ETHUSDT trading pair: a long position worth approximately $11.8549 million. Binance accounted for 50.1% of total liquidations across the crypto market.

TechFlow News, October 24 — Blockchain security firm Blockaid posted on X that the X100 project on Ethereum is under ongoing attack. Three attackers have been identified so far, exploiting the project’s governance and liquidity management mechanisms.
According to Blockaid, the first attacker took control of two of the three seats in X100’s Senate governance mechanism and sold 400,000 X tokens from the project treasury into an empty liquidity pool they had created. The second attacker then destroyed a Uniswap V3 liquidity position held by Freezer.

Deep Tide TechFlow News, Oct. 24 — According to CoinDesk, companies including Microsoft, Google parent Alphabet, McDonald’s, Goldman Sachs, Wells Fargo and Cisco have opposed trading their shares on OKXICE, a tokenized securities trading platform being developed through a partnership between OKX and Intercontinental Exchange (ICE). The number of publicly listed companies that have explicitly voiced opposition has now risen to 22.
Under the U.S. SEC’s innovation exemption framework, tokenized securities trading platforms must notify a company that issued shares in advance and give it 30 days to object. If the company does not object within that period, the platform may proceed with the relevant trades. Law firm Latham & Watkins noted that current rules do not provide a way to withdraw presumed consent once trading has begun, so companies may be inclined to object upfront.

Deep Tide TechFlow reports that, according to Arkham monitoring on October 24, a whale sold off all of its ENA, MNT, ETH, and LDO holdings about an hour ago. The tokens had been purchased around four months ago and were sold for a total of approximately $2.597 million, yielding a profit of approximately $340,000 compared with the purchase cost of approximately $2.257 million. Details:
1. ENA was bought for approximately $433,800 and ultimately sold for approximately $946,900, yielding a profit of approximately $513,000;
2. MNT was bought for approximately $166,700 and sold for approximately $138,000, resulting in a loss of approximately $28,700;
3. ETH was bought for approximately $1.47 million and sold for approximately $1.29 million, resulting in a loss of approximately $180,000;

Deep Tide TechFlow News, October 24 — According to Crypto Briefing, Coinbase Derivatives began scheduled system maintenance at 18:00 Beijing time on October 24. The maintenance is expected to last up to 9 hours and is scheduled to end around 3:00 a.m. on October 25. Futures and perpetual contract trading will be suspended during maintenance. Users will be unable to submit new orders or modify existing ones, but can still log in to their accounts and view their balances.
Coinbase said the maintenance is part of its quarterly routine system maintenance and also supports the Futures Industry Association’s (FIA) annual disaster recovery test, which aims to verify that backup systems can take over in the event of an unexpected failure.

Author: DeepTech Flow
AI / Large Language Models
Kimi launches the K3.1 Pro and K3.1 Pro Highspeed models
The developer community response has been tremendous, with a single Hacker News post scoring 939 points. Kimi continues to close the gap with leading closed-source models on coding and reasoning benchmarks, giving the open-source camp another formidable option.
> Hot take: DeepSeek just taught everyone how to save money, and now Kimi is teaching everyone how to go faster—while OpenAI’s valuation has already learned how to slow down.
Hot topic: The community is debating whether Kimi’s pricing and throughput are rewriting the AI service cost curve.
Kimi Official Blog | Hacker News

Deep Tide TechFlow News, October 24: According to Decrypt, HSBC officially launched its Hong Kong dollar stablecoin RedCoin (RCHKD) on its PayMe payments app on Friday. Over the coming days, PayMe’s more than 3.3 million users will be able to set up wallets for the stablecoin and use RedCoin to transfer money to friends or make payments at more than 100,000 PayMe merchants.
RedCoin is issued by HSBC, licensed by the Hong Kong Monetary Authority (HKMA), and pegged to the Hong Kong dollar at a 1:1 ratio. At launch, its circulating supply was worth approximately $10.2 million, backed by around $10.4 million in reserves held entirely in cash. The stablecoin operates on HSBC’s proprietary private ledger rather than a public blockchain. It is not a bank deposit and is not protected by Hong Kong’s Deposit Protection Scheme.

Deep Tide TechFlow News, October 24 — According to NewsBTC, blockchain data analytics platform Dune has launched Market Data Feeds, a service providing real-time spot and perpetual futures trading data across blockchains and decentralized exchanges (DEXs). It aims to help institutional trading teams, market makers, and data providers analyze on-chain markets more efficiently.
According to the announcement, the service standardizes trading data from different protocols and blockchains, providing consistent information on trading assets, venues, buy/sell direction, execution prices, and trade volumes denominated in U.S. dollars. Spot trading data covers more than 200 venues and is typically delivered about one second after a transaction is confirmed on the blockchain.

Deep Tide TechFlow News, October 24 — According to Bitcoin News, Zack Wainwright, a research analyst at Fidelity Digital Assets, said that although it took Bitcoin nearly 16 years to break above $100,000 for the first time, its rise from $100,000 to $200,000 could happen much faster.
Wainwright noted that as of October 12, Bitcoin had rebounded nearly 50% from its bear-market low of around $58,000 in June this year, following a recovery path similar to the one after the 2022 bear market.
He also cautioned that Bitcoin’s returns have diminished across successive market cycles, and that past performance does not guarantee future returns. However, even with smaller percentage gains, Bitcoin could still see substantial absolute price growth.