Alibaba confirms it has launched its own video generation model, HappyHorse-1.0, developed by the AI innovation division of Taotian Group. HappyHorse-1.0 performed exceptionally well in third-party evaluations. It has not yet been open-sourced and is consistent with Alibaba’s recent closed-source strategy. The release of the model is intended to respond to competitors’ market performance and strengthen its competitiveness in the MaaS market.

Bitcoin Wallet Nunchuk released an open-source tool on April 9 that supports interactions with AI agents. It includes the Nunchuk CLI command-line tool and the Agent Skills code repository, providing a variety of wallet management features.

Gate News message: On April 9, Circle’s L1 blockchain, Arc, announced that it has open-sourced the testnet code ahead of going live on the mainnet. Effective immediately, developers can independently start testnet nodes and review the source code. At the same time, Arc has launched a bug bounty program on the HackerOne platform.

Tether’s QVAC team launched the QVAC SDK, which is an open-source, cross-platform AI development toolkit aimed at building the intelligent ecosystem of the future and supporting a wide range of devices. QVAC is seen as a next-generation intelligent framework with modular and infinitely extensible features to adapt to future development.

On-chain detective ZachXBT revealed that an anonymous source shared stolen data from North Korea’s internal payment servers, involving 390 accounts and encrypted transaction information. More than $3.5 million in funds vanished, and it is connected to a sanctioned company. ZachXBT has compiled a detailed organizational chart.

BTQ Technologies publishes a research paper assessing the physical costs of quantum computing in Bitcoin mining, emphasizing that Bitcoin’s main risk comes from vulnerabilities in cryptographic signatures rather than quantum mining. The study proposes an open-source resource estimation model that covers key computational steps.

Gate News message, according to Lookonchain, the mysterious whale linked to Erik Voorhees, who previously bought 122,355 ETH ($264.37M), spent another 887.9K USDT to buy 431.8 ETH 5 hours ago. This follows an earlier purchase of 396.7 ETH for 818.7K USDT reported by the same source.

Recently, rumors that the world’s longest-living tortoise, Jonathan, had died were confirmed to be a cryptocurrency scam. A forged veterinarian account was intended to lure investors. The incident caused Meme coin prices themed around Jonathan to surge and then quickly fall, exposing the crypto market’s sensitivity to false information and reminding investors to verify the source of information carefully.

In 2026, the private credit market faces liquidity pressure. Investor redemption demand is high, but actual settlement falls short of half, and multiple institutions have initiated redemption restrictions. Market tension and sentiment worsen, default rates hit a record high, and problems with asset structure are pronounced. Blockchain attempts have failed to improve liquidity, and macro pressures have struck borrowers. Overall, private credit could become a source of systemic risk.

Gate News update, April 2, according to an official announcement, the prediction market platform Polymarket has integrated Pyth Pro as the data source for its new series of traditional asset contracts. Polymarket will rely on Pyth Pro data to provide the daily rise and fall and daily closing markets for gold, silver, and major stock index ETF, and will ensure full transparency throughout via real-time price charts updated every second.