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AI & Enterprise

OKX blocks Claude use for Hong Kong staff after business account suspension

OKX has stopped its Hong Kong employees from using Anthropic\'s Claude after its corporate account was briefly suspended earlier this month, U.Today reported. The measure also applies to staff transiting through China. Anthropic bans access from unsupported regions, and Hong Kong and mainland China are not on its supported list. OKX restored its corporate account but maintained access limits, routing AI requests to other large language models.

Crypto

Bitcoin rebound driven by derivatives market; sustainability uncertain

Bitcoin rose to around $64,500, pushing short-position liquidations to their highest daily level in about a month. The move was driven more by a short squeeze in derivatives markets than by spot buying, Cointelegraph reported. CryptoQuant said crowded short positioning and diverging funding rates helped lift prices, but called the rally a low-volume liquidity trap. It flagged weak spot demand and limited inflows into spot bitcoin ETFs as key constraints.

Crypto

Solana futures volume jumps but price stalls near $75, long bias raises downside risk

Solana (SOL) saw a sharp rise in futures trading volume on major exchanges, but its price barely moved, raising the possibility of higher short-term volatility. U.Today reported that positioning looks more vulnerable to downside pressure, with long-short ratios above 2 on Binance and OKX. Data showed $6.07 million in SOL liquidations in a day, led by $4.6 million in longs. Technical levels around $74 to $75 were cited as key support.