PANews Columns

PANews reported on May 19th that, according to Claude Code Docs, Anthropic has launched a research preview of Fast Mode for Claude Code, offering lower latency at a higher cost on Opus 4.7 and 4.6 models. Users can enable it by typing "/fast," with pricing at $30 per input and $150 per million output tokens, requiring pay-as-you-go credit to be enabled. This mode is primarily designed for high-interaction scenarios such as rapid code iteration and real-time debugging, and is not suitable for batch processing or cost-sensitive tasks. This feature is disabled by default for Team and Enterprise accounts and must be manually enabled by the administrator; when the independent rate limit is reached, the system will automatically revert to standard mode.

PANews reported on May 19th that DeepSeek issued a statement regarding character-triggered abnormal model responses. Recently, they noticed user feedback that after inputting certain special characters in conversations with the DeepSeek model, the model occasionally returned unexpected content, causing some users to worry about "conversation leaks." In response to this issue, the technical team, after a comprehensive investigation, found that the abnormal content returned due to inputting these special characters is a model illusion caused by the special characters themselves, and does not involve security issues or privacy leaks. DeepSeek stated that they will subsequently enhance the model's ability to recognize and process special characters through targeted training, fix related known issues, and optimize the model's performance in such scenarios.

NextEra 收购 Dominion，不只是能源行业最大并购之一，更可能是 AI 基础设施战争升级的第一枪。AI 缺的或许不再是 GPU，而是可接入的电力。谁控制电网、能源和接入权，谁就可能掌握未来十年的算力入口。

2026 年 AI Agent 正从“会聊天”走向“会执行”。本文全面梳理 GPT-5.5、ChatGPT 与 Codex 最新进展，解析自主规划、多工具调用、持久记忆、多 Agent 协作等关键能力，并对比 Codex、Claude Code、Gemini 及 OpenClaw、Hermes 等主流 Agent 平台与开源生态。从市场采用、真实案例到未来趋势，带你看懂 Agent 如何重塑开发者工作流，以及 AI 从助手走向执行系统的关键转折。

Web3不性感了，但加密支付正在变成一门好生意。

Starting with the Medvi case, let's discuss compliance for startups.

In just a few months, several core members have left the Ethereum Foundation (EF), further dampening the already low morale of the Ethereum community, especially given the current relatively weak performance of ETH prices.

Recently, Ethereum's price has consistently lagged behind mainstream assets, failing to break through resistance levels multiple times. Meanwhile, with spot demand for Ethereum falling to its lowest level this year, market concerns about further downside are growing, and institutional activity is gradually becoming a focus.

Echo: The attack stemmed from a leak of the administrator's key; control has been regained and the remaining 955 eBTC of the hackers have been destroyed; Federal Reserve report: 10% of Americans will use or invest in cryptocurrencies by 2025, a new high since 2022; AI Financial, a financial institution under WLFI, warned in an SEC filing that it may not survive this year.

Upbit will list its TRAC token on the Korean Won, BTC, and USDT markets; Bitcoin spot ETFs saw a net outflow of $1.039 billion last week, ending a six-week streak of net inflows;

As AI makes it easier to build product prototypes, where does the real difficulty of starting a business shift to?

When faced with hundreds or even thousands of highly profitable addresses and traders, which one should users follow? And what can users learn besides profit and loss figures?

Of the $30 billion in RWA assets, only 9% are circulating in DeFi.

Chiliz is poised for another surge, with clear signs of accumulation ahead of the 2026 World Cup, and bulls aiming to break through $0.14. This round is driven by the integration of SportFi and LayerZero, but be wary of a repeat of the "buy the rumor, sell the opening" scenario.

Judging from the two phases of projects already launched, Super IPO tends to target unlisted technology companies with high global recognition and limited accessibility in traditional markets—SpaceX and OpenAI both fit this characteristic, which is one of the important reasons why this sector has received high market attention in the short term.

With "simplicity, flexibility, and global reach" as its core values, MEXC creates a trading experience that is more competitive than traditional brokerages and other crypto platforms.

详解总融资5200万美元的高性能并行L1 Pharos，与融资710万美元的AI分布式网络 ARO：DeFi、RWA 与 AI 基础设施新方向。

FirstMark 领投、DBA 和 Ventures 跟投的 PAYY，以及由 RRE Ventures 和 Creandum 领投、Coinbase、GSR、Oasis 和 Framework 等参投的 Midas，分别代表了加密基础设施里两条很清晰的主线：前者聚焦打造低成本、高效率的链上支付网络，后者则致力于把链下国债收益与链上流动性连接起来。两者都说明当前市场关注点正在从单纯的交易和投机，逐步转向更底层的支付效率、资金周转与收益分配能力。

The jury in Musk v. OpenAI ruled in favor of OpenAI, but Musk said the case was dismissed only due to the statute of limitations and he will appeal to the Ninth Circuit Court of Appeals. The controversy is far from over.

Former NBA player Tristan Thompson revealed that he invested in Anthropic and SpaceX through a special purpose vehicle (SPV), saying he wants to become a new generation of athlete-investors who understand technology and encryption.

伊朗正式推出“霍尔木兹安全”平台，允许货主使用比特币支付途经霍尔木兹海峡船只的保费，试图以加密货币绕过西方制裁并抢占全球航运保险市场。这一举措若成功，每年或带来超百亿美元收入，但合规风险、币价波动与监管反击仍是最大变数。

Meta一季度营收增速33%创四年新高，AI驱动的广告定价与展示量首次实现同步加速增长，但市场却因资本支出上调而惩罚股价。当万亿参数模型已转化为200亿美元年化营收的“价值优化套件”，而远期市盈率仍较五年均值折价14%时，接下来我们从财务数据、资本支出逻辑与市场误判三个维度，拆解Meta被低估的结构性机会。

基于《CLARITY法案》所提及的对稳定币限制，以及美国相关立法仍存不确定性，我們预计未来24个月内，将有300亿至500亿美元的稳定币资本，为寻求合规收益而流向香港等监管友好的金融中心，为当地投资者和持牌平台带来重大机遇。

美国联储局2025年最后一次议息终于「靴子落地」：美东当地时间12月10日，联储局决定连续第三次减息、并重启买入短期美债，标志美国货币政策由紧缩转向中性偏宽松，而加密货币市场短期未出现单边大牛市，主流加密货币例如比特币（BTC）短暂冲高后，却一路快速转跌逾2%，今年12月7日以来再度跌破9万美元大关至8.9万美元水平——政策趋向转型下，下一步加密货币市场该何去何从，相信将持续是投资者尤其是币圈关注热点。我们认为，主流加密货币正进入「中高位震荡＋结构轮动」的新阶段，而山寨币等「非主流币」的震荡或更为显著。

人形机器人已是现实，竞争才刚开始。

学习成本趋近零，工具免费且丰富。市场不缺工作，缺的是愿意主动学习、动手创造并可靠交付的人。

据多家加密媒体披露，Web3银行协议Fiat24近期要求部分注册用户补充税务居民身份信息和TIN。本文从Fiat24的报送义务及CRS运行机制出发，分析内地用户补录TIN后涉及的信息报送范围及加密资产监管透明化趋势。

澳大利亚加密市场持续扩张，相关税务处理与监管适用问题日益复杂。2026年4月通过《数字资产框架法案2025》，推出该国首个全面的数字资产监管立法。本文围绕加密监管体系与税务处理规则展开基础研究，分析加密资产如何融入澳大利亚的金融与税收监管体系。

In just two months, CBRS yielded a return of over 300% from subscription to spot trading. Are Anthropic and Polymarket, which are following suit, worth participating in?

The ZachXBT phenomenon is not an isolated case. It reflects the real-world response of the entire crypto space to the age-old question of "who supervises the supervisors" under the narrative of decentralization.