Tether destroys 2 billion USDT coins

According to Bloomberg, Alibaba and DeepSeek were unable to reach an agreement on financing terms due to factors such as Alibaba's low adaptability to the ecosystem and DeepSeek's desire to reduce term constraints. At the same time, DeepSeek is in a game with potential shareholders, with Tencent offering to subscribe for up to 20% of the shares, but DeepSeek is unwilling to relinquish a large percentage of control. It is reported that DeepSeek is valued at 300 billion yuan and plans to raise 50 billion yuan, of which 20 billion yuan is for internal capital increase and 30 billion yuan is for external fundraising. The valuation has been confirmed by internal employees of DeepSeek.

According to CriptoNoticias, Spanish coffee chain Vanadi is facing difficulties after transitioning to a Bitcoin treasury model. The company incurred a loss of $7.8 million in 2025 and holds 213 BTC, of which 61% (approximately 130.18) are locked in Bit2Me as collateral. Vanadi issued 98.1 million convertible bonds at a discount of 5% below the market price to maintain operations, resulting in a 74% drop in stock price this year. The company is facing a payment gap of 1.4 million euros and will need to raise 65 million euros in the coming months.

According to AiCoin monitoring, there has been a significant flow of funds on the Coinbase Pro exchange. In the past 24 hours, the exchange's wallet has received 1396 BTC worth $140 million, and its current BTC wallet balance is 852500 BTC. For more information on exchange fund flows, please visit the AiCoin website - Data - Hyperliquid to view: https://www.aicoin.com/zh-Hans/hyperliquid

[UBS Group Increases Holdings by 551,100 Shares of MSTR Stock] According to the latest 13F quarterly holdings report disclosed by the U.S. SEC, UBS Group recently purchased 551,100 shares of MicroStrategy stock (MSTR), valued at approximately $98 million. Currently, the group holds a total of 6.31 million shares of MSTR stock, with a total holding value of approximately $1.12 billion.

According to Bits.media, the State Construction and Legislation Committee of the Russian State Duma has recommended the first reading of the Criminal Liability Act for Illegal Cryptocurrency Mining. The bill proposes to add Article 171.6 of the Criminal Law, which imposes penalties including fines, forced labor, imprisonment, and confiscation of cryptocurrencies on unregistered mining and unlicensed mining services. For those whose income or loss exceeds 3.5 million rubles, a maximum fine of 1.5 million rubles or two years of income will be imposed; Those who commit crimes within a gang or earn more than 13 million rubles will be fined up to 2.5 million rubles or three years of income, and may be sentenced to up to five years in prison and additional fines.