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AI & Enterprise

China's Z.ai unveils law-focused AI 'GLM-Legal' for contract review, country-specific compliance

Chinese AI startup Z.ai has unveiled GLM-Legal, an AI model specialised for legal work such as contract review, negotiation and drafting regulatory documents. The model is based on GLM-5.3-Flash with additional training, and its operating “harness” has been optimised for legal tasks. A benchmark table released by the company compares it with GLM-5.3-Flash, Kimi K3, Claude Fable 5 and GPT-6 Astra, with GLM-Legal outperforming some tests.

Crypto

Cardano falls below $0.24 as whale selling flashes warning of further decline

Cardano (ADA) has fallen below the $0.24 level, raising the risk of further losses. Analyst Ali Martinez (알리 마르티네즈) said whale selling and slowing network activity point to a move into a correction phase. ADA was at $0.2386, slightly under the key level, and could fall about 12 percent toward $0.21 if channel support breaks. Large holders sold more than 110 million ADA in five days, while daily active addresses fell 41.36 percent.

Crypto

XRP spot trading volume falls $1.9 billion in two months; futures hit six-month high

XRP spot market participation has shrunk quickly, with the seven-day average spot trading volume on centralised exchanges falling from $2.597 billion to $653.8 million between Aug. 26 and Oct. 11, a drop of $1.943 billion, The Crypto Basic reported. The decline was broad-based, including Binance. In contrast, combined XRP futures volume on Binance, Bybit and OKX hit $56.18 billion in September, the highest in six months.