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Project Overview
Free is a cross-chain bridge protocol designed to enable the movement of pledged assets (e.g., M-BTC, SolvBTC, and STONE) across various blockchain networks. It is designed to provide users with the freedom to transfer assets while potentially receiving additional rewards.
Bitget Launches $300 Million "Archimedes Program" to Provide Dedicated Funding Support for Quantitative and Asset Management Institutions
Bitget announces the launch of the "Archimedes Plan (Project Archimedes)", establishing a dedicated fund with a total size of $300 million to provide capital support to quantitative trading firms, asset management institutions, and market makers. The plan comprises two sub-projects: a $100 million "Funding Support Plan" focusing on supporting emerging and growth-stage quantitative institutions adopting market-neutral strategies; and a $200 million "Interest-Free Loan Plan" targeted at institutions with mature strategies and certain trading volumes, where those meeting corresponding trading volume or position standards can obtain interest-free funds to reduce financing costs and expand strategy scale. Bitget CEO Gracy Chen stated that as institutional trading competition intensifies, capital, execution efficiency, and risk control are becoming key factors determining whether strategies can achieve scalability. Project Archimedes aims to help teams with mature capabilities expand strategy scale through capital support, and is expected to support over 50 projects within the next six months. Meanwhile, leveraging the Bitget Unified Account (UTA), institutions can use rToken spot positions as derivatives margin, maintaining tokenized stock exposure and contract strategies simultaneously without cross-account transfers, thereby further improving capital efficiency. Project Archimedes will adopt a long-term cooperation framework, implementing rolling access and phased deployment, and will subsequently disclose progress regularly, including the number of participating institutions, fund deployment scale, and strategy distribution.
Caixin: SpaceX IPO First Day Free Float Market Cap Could Be Between $440 Billion and $530 Billion
Caixin published an article titled "SpaceX's $1.75 Trillion IPO Approaches: Who Can Buy and Is It Worth It?", which points out: Wall Street has never encountered a listed company with such a massive IPO scale while simultaneously having such a complex relationship with the U.S. government. Nasdaq has previously passed a new "Fast Entry" rule, allowing newly listed companies with a market capitalization ranking among the top 40 of the Nasdaq 100 Index to be quickly included in the Nasdaq 100 within 15 trading days after listing. This rule will officially take effect on May 1, 2026, and is also considered to be designed for the upcoming SpaceX IPO, while potentially paving the way for the listings of OpenAI and Anthropic, which may occur in 2026 or 2027.Assuming SpaceX lists with a $1.75 trillion valuation and a free float ratio of 25% to 30%, the free float market cap on the first day of the IPO would be approximately between $440 billion and $530 billion. Based on the weight calculation of the Nasdaq 100, SpaceX would directly enter the top ten weighted stocks. According to market sources, the S&P 500 is also evaluating some form of "fast inclusion" plan, though details have not yet been disclosed. (Caixin)
Arkham will limit free users' access to transaction records and launch an enterprise-grade crypto analysis platform.
On-chain analytics platform Arkham announced the launch of Arkham Enterprise, an enterprise-grade crypto analytics platform designed for professional investigators, compliance teams, and transaction researchers, offering features such as on-chain fund tracking, risk scoring, case management, and transaction analysis. Meanwhile, Arkham has also updated the feature access for its free platform: Tracer 2.0, transaction screening, complete transaction history, creating custom tags and entities, and the counterparty section on the browser page will now be exclusively available to enterprise users. Free users' access to transaction records for individual addresses or entities will be limited to the most recent 100 transactions, but they will still be able to use Visualizer 2.0, the block explorer, prediction markets, and Arkham tags.
OneKey Founder: CryptoBilis Dealer Authorization Terminated, Free Replacements Offered for CryptoBilis Channel Users
OneKey founder Yishi posted on X platform that in response to recent incidents where Ledger hardware wallets purchased by some users through CryptoBilis were found to have unauthorized hardware implanted, leading to asset theft, OneKey has not yet received any reports of its own users experiencing asset theft as a result. However, out of security concerns, OneKey has terminated CryptoBilis's authorized dealer status.OneKey also announced that it will immediately stop accepting new dealers and will re-conduct qualification reviews for all existing authorized dealers. Additionally, for users who purchased OneKey hardware wallets through CryptoBilis between March 1, 2026 and the date of this statement, regardless of device model or usage status, they may apply for a free replacement. The application deadline is December 31, 2026.Furthermore, Yishi advised users who have already used the affected devices to treat their original seed phrases as potentially compromised and to transfer their assets to wallets using new seed phrases as soon as possible, without waiting for replacement devices to arrive.
KYC = Killing Your Customers? CZ Blasts KYC: Like Feudalism Binding People to the Land, a Discriminatory Policy Against Free Individuals
CZ posted on X, stating: "KYC is not just 'killing your customers.' It tries to tie people to the land, just like feudalism once did. People can move freely, staying from one hotel to another. But KYC requires everyone to have a 'permanent address,' which is a discriminatory policy against free individuals."
Dubai Duty Free Launches Crypto.com Pay, Covering Dubai Airport Retail and Online Store
Odaily News: Airport retailer Dubai Duty Free launched Crypto.com Pay on August 5, 2026, available to eligible UAE residents, covering Dubai International Airport, Al Maktoum International Airport, and its online store. Customers can select Crypto.com Pay in-store, scan a QR code displaying the amount in UAE dirhams, and authorize the transaction through the Crypto.com App; online customers can choose this method at checkout and confirm payment. Dubai Duty Free settles transactions in UAE dirhams through regulated payment infrastructure. The payment service operates under the regulatory framework of the Central Bank of the UAE's (CBUAE) stored value facility. Crypto.com previously obtained a CBUAE stored value facility license, enabling it to provide regulated payment services in the UAE.
Malaysian Police Raid and Dismantle Illegal Cryptocurrency Mining Site in Port Klang Free Zone
According to Malaysian media "New Straits Times", Malaysian police yesterday raided and shut down an illegal cryptocurrency mining den located in a warehouse at Pulau Indah, Port Klang Free Zone. During the raid, two foreign men aged 20 and 31 were detained, and mining equipment was seized. According to Malaysian law, this act violates the Penal Code and the Electricity Supply Act. If convicted, the two face ten years imprisonment and a fine of 100,000 Ringgit (approximately 24,500 USD).
Wall Street Journal: Stablecoins Essentially "Private Money" That Could Pose Risks to the Financial System
Although the GENIUS Act and the CLARITY Act are pushing for stablecoin compliance, stablecoins remain essentially "private money" and could introduce structural risks to the financial system.The article points out that stablecoins aim to combine the stability of the US dollar with the payment efficiency of blockchain, but because they operate on fragmented, privatized infrastructure, they lack the uniformity of the traditional dollar system. While USDT and USDC are pegged to the US dollar, their prices can still deviate from $1.Additionally, stablecoin issuers have incentives to boost yields by allocating capital to high-risk, low-liquidity assets. Should the value of these assets decline, it could trigger de-pegging and concentrated redemption risks. Citing Chainalysis data, the article states that stablecoins account for 84% of illicit crypto activity, primarily involving sanctions evasion and money laundering, while their use in real economy payments accounts for less than 1%.The Wall Street Journal argues that stablecoins are essentially repeating the path of the private money experiments seen during the "Free Banking Era" in 19th-century America. In the future, they may need to accept stricter regulation, similar to banks, and require deeper integration into the central banking system. (Wall Street Journal)
Arkham will limit free users' access to transaction records and launch an enterprise-grade crypto analysis platform.
On-chain analytics platform Arkham announced the launch of Arkham Enterprise, an enterprise-grade crypto analytics platform designed for professional investigators, compliance teams, and transaction researchers, offering features such as on-chain fund tracking, risk scoring, case management, and transaction analysis. Meanwhile, Arkham has also updated the feature access for its free platform: Tracer 2.0, transaction screening, complete transaction history, creating custom tags and entities, and the counterparty section on the browser page will now be exclusively available to enterprise users. Free users' access to transaction records for individual addresses or entities will be limited to the most recent 100 transactions, but they will still be able to use Visualizer 2.0, the block explorer, prediction markets, and Arkham tags.
LAPTOP Suspicious On-Chain Activity: 2 New Wallets Claim Tokens for Free Then Cash Out $600,000
Odaily News - According to monitoring by crypto trader Rune, an unusual transaction involving LAPTOP tokens has been detected. A new wallet (0x8DA...A18d) claimed 4,276 LAPTOP tokens for free and subsequently sold them, cashing out approximately $400,000.More notably, the wallet then transferred 0.02 ETH to another new wallet (0xc27...b591), which likewise claimed 4,276 LAPTOP tokens for free and immediately sold them after the price dropped due to the previous sell-off, cashing out approximately $200,000.Both wallets are newly created addresses, claimed identical amounts, and the first wallet provided ETH to the second—highly correlated on-chain behavior that has prompted community speculation about potentially linked addresses or coordinated selling.
B.AI Announces DeepSeek-V4-Flash Fully Free for Limited Time, Stacking Multiple Benefits to Incentivize Ecosystem
The B.AI platform officially announced that the DeepSeek-V4-Flash model has simultaneously launched a limited-time free, unlimited usage service on both Web Chat and API endpoints, allowing developers and ordinary users to access top-tier computing power at zero cost. Meanwhile, the platform is introducing multiple benefits: New users logging in via Binance Wallet, BitgetWallet, or imToken can claim 1 million Credits, and receive an additional 300,000 by entering an invitation code, cumulatively enjoying up to 1.3 million in free quota; recharging also yields up to $100 in points rebates, and inviting friends to register grants long-term rebate benefits. B.AI will continue to release preferential benefits in the future, lowering the threshold for AI application innovation.
1 Day Countdown! B.AI Announces DeepSeek-V4-Flash Will Be Fully Open for Free on August 17
Only 1 day remains until DeepSeek-V4-Flash is fully available for free on the B.AI platform on August 17. At that time, the web interface and API will go live simultaneously, allowing users to freely enjoy full-scenario experiences such as code execution, complex Agent tasks, and long text processing. To empower developers to use DeepSeek without worrying about costs, B.AI is simultaneously launching three benefits: New users logging in via Binance Wallet, Bitget Wallet, or imToken wallet can claim 1 million free Credits; entering an invitation code adds another 300,000, bringing the cumulative total to up to 1.3 million; both new and existing users who recharge can enjoy extra Bonus Credits of up to 100 USD. Please note that accounts must retain a small amount of Credits for identity verification; please prepare in advance. The specific launch time will be announced soon; please stay tuned to B.AI official updates.
Alibaba Tongyi Qianwen Qwen3.8-Max Officially Lands on B.AI Platform, Limited-Time Free Trial
Alibaba Qwen's latest generation 2.4 trillion-parameter flagship model Qwen3.8-Max has officially launched on the B.AI platform. The model achieves comprehensive improvements in coding, real-world office scenarios, long-horizon tasks, and multimodal agents, and is now live on B.AI with a limited-time free trial. To celebrate the launch, B.AI offers multiple stacked benefits: New users logging in with Binance Wallet, Bitget Wallet, or imToken will immediately receive 1 million free Credits; Top-ups enjoy generous bonuses, with BNB Chain top-ups receiving a 1:1 bonus and other methods 1:0.5, up to a maximum extra $100 per user; Invite friends to register to get 300,000 Credits for them, stacking with the login bonus for a cumulative maximum of 1.3 million, while inviters simultaneously enjoy rebates from friends' top-ups and subscriptions. Limited-time benefits, first come, first served. Log in now at https://chat.b.ai/chat to experience the charm of the new-generation flagship.
B.AI × MiniMax M3.0 Computing Power Carnival Halfway Through—Limited-Time Free Access Ends in 3 Days
The B.AI platform’s MiniMax M 3.0 free compute power campaign—launched on June 18—has now reached the halfway mark. Powered by its standout performance as the top-ranked open-source model on the Artificial Analysis leaderboard, the model has rapidly ignited surging adoption among developers and creators, driving platform API call volumes to record highs. The promotional benefits continue: new users who log in for the first time via Binance Wallet or Bitget Wallet instantly receive 1 million free Credits; top-up bonuses deliver major rewards—BNB Chain users enjoy a 1:1 matching bonus, while users on other blockchains receive a 1:0.5 rebate, with cumulative top-up bonuses capped at $100 equivalent per user! This limited-time free offer expires in just three days—seize top-tier AI productivity today, at zero cost.
OneKey Founder: CryptoBilis Dealer Authorization Terminated, Free Replacements Offered for CryptoBilis Channel Users
OneKey founder Yishi posted on X platform that in response to recent incidents where Ledger hardware wallets purchased by some users through CryptoBilis were found to have unauthorized hardware implanted, leading to asset theft, OneKey has not yet received any reports of its own users experiencing asset theft as a result. However, out of security concerns, OneKey has terminated CryptoBilis's authorized dealer status.OneKey also announced that it will immediately stop accepting new dealers and will re-conduct qualification reviews for all existing authorized dealers. Additionally, for users who purchased OneKey hardware wallets through CryptoBilis between March 1, 2026 and the date of this statement, regardless of device model or usage status, they may apply for a free replacement. The application deadline is December 31, 2026.Furthermore, Yishi advised users who have already used the affected devices to treat their original seed phrases as potentially compromised and to transfer their assets to wallets using new seed phrases as soon as possible, without waiting for replacement devices to arrive.
Glamsterdam Test: Attackers Could Exploit Free Testnet ETH to Win Sepolia Block Auctions and Withhold Transaction Payloads
Odaily reports: Ethereum developers have warned that attackers could exploit free testnet ETH and one-time builder identities to win Sepolia block auctions and withhold transaction payloads during the Glamsterdam testing period.This attack does not threaten mainnet funds, but it could disrupt infrastructure testing. The Sepolia public test is scheduled to launch on October 6, while the Hoodi test is tentatively set for October 27. The mainnet activation date remains undetermined. (CoinDesk)
Fake Claude Desktop App Distributes RevStealer Malware, Capable of Stealing Over 50 Types of Cryptocurrency Wallet Data
According to Cointelegraph, cybersecurity firm Morphisec has revealed that a counterfeit desktop application masquerading as Anthropic’s "Claude Opus 5 Free Desktop" is being leveraged to distribute the Windows malware RevStealer. The malicious program can exfiltrate data from over 50 cryptocurrency wallets, while simultaneously harvesting sensitive information including browser passwords, cookies, VPN configurations, message logs, and screenshots. RevStealer incorporates anti-detection measures, performing system environment checks on the target device prior to execution. If traces of debugging or virtualized environments are detected, it aborts its operation. Additionally, Russian cybersecurity company Kaspersky has disclosed OkoBot, a novel malware framework targeting crypto investors capable of harvesting wallet files, injecting malicious extensions, and capturing wallet application windows to siphon assets.
ZachXBT: US Law Firms' "Free-Riding Claims" May Hinder Recovery and Compensation of Funds for Hacking Victims
Odaily Odaily PaperImperium, the head of MegaETH, disclosed on X platform that documents from the U.S. District Court for the Southern District of New York show that a U.S. court has issued an injunction against the Arbitrum DAO, prohibiting it from transferring approximately $71 million in ETH assets that were previously frozen during the KelpDAO hacking incident. In response, on-chain detective ZachXBT posted on X platform, stating that certain U.S. law firms are using his investigative work and on-chain forensics to help victims of some hacking incidents file legal claims. However, this practice may actually slow down or hinder victims from receiving compensation or recovering funds.ZachXBT added that in previous hacking incidents involving the Lazarus Group, such law firms often stepped in after on-chain fund tracking or freezing was completed, proposing subsequent legal actions that were weakly related to the crypto incidents themselves. Similar "free-riding claims" strategies were used in events like Harmony and Bybit. He called on the crypto community to establish a DAO to resist such practices.
Japanese Duty-Free Partners with UPBOND to Support JPYC Tax Refunds for Visiting Tourists Starting November 1
According to CoinPost, Japan Tax-free announced on October 29 that its refund service “JapanRefund” will begin supporting foreign visitors to receive tax refunds in the Japanese yen stablecoin JPYC starting November 1. Wallet infrastructure is provided by UPBOND, with funds dispatched via Avalanche C-Chain. November 1 also marks the transition to Japan Tax-free’s “refund method” system. Tourists must first purchase goods at tax-inclusive prices. Upon departure, customs verifies that the items are being taken out of the country, after which Japan Tax-free completes the reconciliation process before disbursing funds to the tourists’ wallets. JPYC maintains a 1:1 peg to the Japanese yen and is categorized as an electronic payment instrument under Japan’s Funds Settlement Act, rather than a crypto asset. According to the company, direct deposit to wallets reduces intermediary fees compared to credit card payments or international remittances. All disbursement records are stored on-chain, aiding in the prevention of money laundering and unauthorized claims. Merchants are also relieved of handling tourists’ card numbers or account details. Tourists may retain the received JPYC for expenses on their next trip to Japan, or swap it on-chain for other fiat-pegged stablecoins such as USDC. Delivery times, processing fees, and net credited amounts are subject to the terms of service.
Coinbase Advanced Launches New Trading Engine, VIP3 Rates Free for First 30 Days
According to Odaily, Coinbase posted on X that Coinbase Advanced now has access to a new trading engine and offers VIP3 rates, free for the first 30 days.
OneKey Founder: CryptoBilis Dealer Authorization Terminated, Free Replacements Offered for CryptoBilis Channel Users
OneKey founder Yishi posted on X platform that in response to recent incidents where Ledger hardware wallets purchased by some users through CryptoBilis were found to have unauthorized hardware implanted, leading to asset theft, OneKey has not yet received any reports of its own users experiencing asset theft as a result. However, out of security concerns, OneKey has terminated CryptoBilis's authorized dealer status.OneKey also announced that it will immediately stop accepting new dealers and will re-conduct qualification reviews for all existing authorized dealers. Additionally, for users who purchased OneKey hardware wallets through CryptoBilis between March 1, 2026 and the date of this statement, regardless of device model or usage status, they may apply for a free replacement. The application deadline is December 31, 2026.Furthermore, Yishi advised users who have already used the affected devices to treat their original seed phrases as potentially compromised and to transfer their assets to wallets using new seed phrases as soon as possible, without waiting for replacement devices to arrive.
Antling Ling-3.1-Flash Launches on OpenRouter, Free Until the 13th
Ant Bailing announced that Ling-3.1-Flash has launched on OpenRouter via Novita, with Novita acting as a Day-0 partner. Featuring 560B total parameters and 25B activated parameters, the model is designed for mixed reasoning and tool-calling workflows. According to Novita's announcement, it will be free to use until 9:00 AM (PT) on October 13.
Samsung Wallet Integrates Sui, Enabling Gas-Free USDC Transfers on Sui Chain for 82 Million US Galaxy Devices
Sui announced on X that Samsung Wallet will integrate Sui and support USDC on the Sui chain across 82 million Galaxy devices in the United States. Through gas-free transfers, USDC transfers on the Sui chain require no network fees.
OpenAI announced the release of the GPT-6 model and made it available on the free tier.
OpenAI has announced the global launch of the GPT-6 model featuring an intelligent UI, now available to paid users. Free and Go users will gain access tomorrow. This version is optimized for everyday conversations, while the Work and Codex models remain unchanged for now.
Related news
Japanese Duty-Free Partners with UPBOND to Support JPYC Tax Refunds for Visiting Tourists Starting November 1
According to CoinPost, Japan Tax-free announced on October 29 that its refund service “JapanRefund” will begin supporting foreign visitors to receive tax refunds in the Japanese yen stablecoin JPYC starting November 1. Wallet infrastructure is provided by UPBOND, with funds dispatched via Avalanche C-Chain. November 1 also marks the transition to Japan Tax-free’s “refund method” system. Tourists must first purchase goods at tax-inclusive prices. Upon departure, customs verifies that the items are being taken out of the country, after which Japan Tax-free completes the reconciliation process before disbursing funds to the tourists’ wallets. JPYC maintains a 1:1 peg to the Japanese yen and is categorized as an electronic payment instrument under Japan’s Funds Settlement Act, rather than a crypto asset. According to the company, direct deposit to wallets reduces intermediary fees compared to credit card payments or international remittances. All disbursement records are stored on-chain, aiding in the prevention of money laundering and unauthorized claims. Merchants are also relieved of handling tourists’ card numbers or account details. Tourists may retain the received JPYC for expenses on their next trip to Japan, or swap it on-chain for other fiat-pegged stablecoins such as USDC. Delivery times, processing fees, and net credited amounts are subject to the terms of service.
Arkham will limit free users' access to transaction records and launch an enterprise-grade crypto analysis platform.
On-chain analytics platform Arkham announced the launch of Arkham Enterprise, an enterprise-grade crypto analytics platform designed for professional investigators, compliance teams, and transaction researchers, offering features such as on-chain fund tracking, risk scoring, case management, and transaction analysis. Meanwhile, Arkham has also updated the feature access for its free platform: Tracer 2.0, transaction screening, complete transaction history, creating custom tags and entities, and the counterparty section on the browser page will now be exclusively available to enterprise users. Free users' access to transaction records for individual addresses or entities will be limited to the most recent 100 transactions, but they will still be able to use Visualizer 2.0, the block explorer, prediction markets, and Arkham tags.
Coinbase Advanced Launches New Trading Engine, VIP3 Rates Free for First 30 Days
According to Odaily, Coinbase posted on X that Coinbase Advanced now has access to a new trading engine and offers VIP3 rates, free for the first 30 days.
OneKey Founder: CryptoBilis Dealer Authorization Terminated, Free Replacements Offered for CryptoBilis Channel Users
OneKey founder Yishi posted on X platform that in response to recent incidents where Ledger hardware wallets purchased by some users through CryptoBilis were found to have unauthorized hardware implanted, leading to asset theft, OneKey has not yet received any reports of its own users experiencing asset theft as a result. However, out of security concerns, OneKey has terminated CryptoBilis's authorized dealer status.OneKey also announced that it will immediately stop accepting new dealers and will re-conduct qualification reviews for all existing authorized dealers. Additionally, for users who purchased OneKey hardware wallets through CryptoBilis between March 1, 2026 and the date of this statement, regardless of device model or usage status, they may apply for a free replacement. The application deadline is December 31, 2026.Furthermore, Yishi advised users who have already used the affected devices to treat their original seed phrases as potentially compromised and to transfer their assets to wallets using new seed phrases as soon as possible, without waiting for replacement devices to arrive.
Odyssey Open World Model Odyssey-3 Research Preview: Free to Try
California-based AI company Odyssey has released a public research preview of its world model, Odyssey-3, enabling users to generate and explore interactive environments in real time via text prompts. Developers can apply for API access. This preview is available for free trial use. However, the accompanying materials did not disclose further details regarding the model architecture, training scale, or the scope of the open release.
Antling Ling-3.1-Flash Launches on OpenRouter, Free Until the 13th
Ant Bailing announced that Ling-3.1-Flash has launched on OpenRouter via Novita, with Novita acting as a Day-0 partner. Featuring 560B total parameters and 25B activated parameters, the model is designed for mixed reasoning and tool-calling workflows. According to Novita's announcement, it will be free to use until 9:00 AM (PT) on October 13.