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09:01

Xpeng, Xiaomi Lead In-Car AI Push at Beijing Auto Show

Gate News message, April 24 — Chinese automakers showcased advanced in-car AI systems at the Beijing Auto Show on April 24, as the country accelerates its AI Plus strategy and seeks greater independence from foreign semiconductors. Xpeng demonstrated voice-controlled parking that allows drivers to
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05:43

POSCO International Issues Blockchain-Based Digital Bond, First Non-Financial Firm in South Korea

POSCO International issued Korea's first non-financial blockchain digital bond (about 1.4 trillion KRW) with HSBC as lead underwriter, cutting settlement to three days. Abstract: POSCO International issued a blockchain-based digital bond in a private placement of about 1.4 trillion KRW, with HSBC as sole lead underwriter, marking the first such issue by a South Korean non-financial company and the second digital bond in the country after Mirae Asset Securities. The bond uses blockchain for issuance, registration, trading, and settlement, offering enhanced security, faster settlement, and broader global investor access (three-day settlement vs. five). This follows POSCO’s prior blockchain-based payment system deployment and aligns with Hong Kong's subsidy program to promote digital bonds. POSCO and HSBC plan further collaboration in blockchain, digital finance, and transformation, including potential STO market participation.
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STO-13,95%
02:48

Ethereum Spot ETFs Post $96.43M Net Inflows, BlackRock ETHA and Fidelity FETH Lead

Abstract: Ethereum spot ETFs posted $96.43 million in net inflows on April 22. BlackRock's ETHA led with $53.59 million and Fidelity's FETH with $40.62 million, together about 98% of inflows; Grayscale Mini ETH added $11.37 million, while Grayscale ETHE posted $9.15 million in outflows; other funds were flat. Summary: Ethereum spot ETFs drew $96.43M on April 22; ETHA and FETH accounted for about 98% of inflows ($53.59M and $40.62M). Grayscale Mini ETH added $11.37M, ETHE fell by $9.15M, others unchanged.
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ETH0,26%
20:02

DeepSeek's Valuation Surges Past $20 Billion as Tencent and Alibaba Weigh Investments

DeepSeek seeks >$20B as Tencent/Alibaba discuss investment; Nvidia warns US chip edge could be undermined by Huawei; AI funding continues to surge with Vast Data's $1B round and OpenAI/Anthropic/xAI investments. DeepSeek aims for a valuation above $20 billion amid talks with Tencent and Alibaba, while Nvidia warns that shifting AI models to Huawei chips could erode U.S. lead. The piece also notes a global surge in AI funding, including Vast Data's $1 billion round at a $30 billion valuation and major investments in OpenAI, Anthropic, and xAI.
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