PROVIDENCIALES, Turks and Caicos Islands, Dec. 22, 2025 /PRNewswire/ — CoinDesk Data released its 2025 Market Deep-Dive Report, a comprehensive analysis of exchange-level activity across the global digital asset market. Within this analysis, KuCoin emerged as a notable example of sustained performance, demonstrating strong trading volume growth, and resilient liquidity under complex and volatile market conditions. The findings illustrate how granular, exchange-level data can surface structural advantages — such as trading consistency and liquidity stability — that are not always visible through headline volume rankings or short-term market fluctuations.

Built on CoinDesk Data’s proprietary market data infrastructure, the report aggregates and normalizes data across thousands of trading pairs and dozens of centralized exchanges, providing a systematic view of trading volumes, market share, asset-level trading trends, asset stickiness, and liquidity dynamics.

According to the report, KuCoin firmly consolidated its position among the global top 10 centralized exchanges (Top 10 CEX) in 2025. Over the first eleven months of the year, cumulative spot and perpetual futures trading volume exceeded $1.25 trillion, with an average monthly volume of $114 billion.

Spot market activity averaged $46.1 billion per month, representing nearly a fourfold increase compared to 2023, reflecting a steady expansion in user participation and trading activity.

CoinDesk Data observed that KuCoin’s trading volumes followed a clear “stair-step” growth pattern, characterized by periods of sharp increases followed by sustained stability at higher levels. This pattern contrasts with the boom-and-bust cycles commonly observed in crypto markets and points to growing user stickiness, trading consistency, and platform maturity over time.

The report also highlights KuCoin’s liquidity performance following the October 10 market shock, a period during which liquidity conditions deteriorated across many centralized exchanges.

During this period, KuCoin’s order book depth for major altcoins remained broadly stable, placing it alongside Binance and OKX. CoinDesk Data identifies liquidity stability during periods of market stress as a key indicator of exchange robustness and trader confidence.

Throughout 2025, KuCoin maintained a new-asset listing pace consistently above the global industry average, reaching approximately two times the market norm during peak activity periods. This approach strengthened KuCoin’s role as an early venue for price discovery in emerging assets and sectors, reinforcing its positioning within the altcoin trading ecosystem.

CoinDesk Data’s analysis suggests that KuCoin’s performance in both trading volume growth and liquidity stability is underpinned by sustained investments in trust infrastructure.

In 2025, KuCoin launched and continued to advance its $2 billion Trust Project, focused on strengthening transparency, security architecture, and compliance capabilities. Over the course of the year, the exchange also achieved multiple security certification milestones and reached important regulatory compliance milestones, reinforcing its ability to operate under defined oversight frameworks across key jurisdictions.

Together, these initiatives provide a strong foundation for KuCoin’s resilient performance amid heightened market volatility and increasing regulatory scrutiny, supporting long-term user confidence as the digital asset market continues to mature. The full report is available here.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform trusted by over 40 million users across 200+ countries and regions. The platform delivers innovative and compliant digital asset services, offering access to 1000+ listed coins, spot and futures trading, institutional wealth management, and a Web3 wallet. Recognized by Forbes and Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 Certifications, underscoring its commitment to top-tier security. With AUSTRAC registration in Australia and a MiCA license in Austria, KuCoin continues expanding its regulated footprint under CEO BC Wong, building a reliable digital‑asset ecosystem.  
Learn more: https://www.kucoin.com/ 

About CoinDesk

CoinDesk is the most trusted media, events, indices and data company for the global crypto economy. Since 2013, CoinDesk Media has led the story of the future of money and investing, illuminating the transformation in society and culture that comes with it. Part of Bullish Group (NYSE: BLSH), CoinDesk operates as an independent subsidiary and abides by a strict set of editorial policies. Our award-winning team of journalists delivers news and unparalleled insights that bring transparency, comprehension and context. CoinDesk Indices and CoinDesk Data provide institutional-grade benchmarks and analytics for the digital asset ecosystem. CoinDesk gathers the global crypto, blockchain and Web3 communities at annual events such as Consensus, the world’s largest and longest-running crypto festival. For more information, please visit CoinDesk.com.

BEIJING, Dec. 22, 2025 /PRNewswire/ — When disruptive changes redefined market demand in the past days of 2025, Chinese baijiu producer Wuliangye convened recently its annual convention to seek consensus for navigating the changing liquor market.

The event, the 29th Wuliangye 12•18 Annual Convention, caught global attention as a crowd of professionals gathered in Yibin City of Sichuan Province, southwest China, to decode how Chinese baijiu industry changed and where it will head for.

Experts in attendance stressed the disruptive, all-around changes in product, market and consumption structures of baijiu industry, saying that it is imperative for producers to face up to the challenges.

In essence, competitive landscape, value orientation and market logic of baijiu industry are being reshaped, making the present a critical period for liquor makers to take the initiative in winning the future.

New demand-led supply and new supply-driven demand are telling what the baijiu industry is undergoing currently, said Zeng Congqin, chairman of Wuliangye Group, adding that the company is well-prepared and confident to navigate the industry reshuffle.

Wuliangye’s determination stems from its advantages deeply rooted in its development fundamental, product quality, branding, market, teams and capital, all of which are expected to unlock more development potential.

For years, the Chinese baijiu maker has always taken premium product quality as its top priority, earmarking 113,333.33 hectares of grain fields for liquor brewing and establishing the hard tech-enabled 529 and 533 workshops for precise quality control.

These efforts resulted in its winning multiple quality awards at home and abroad, including the 2025 EFQM Global Award, one of the world’s three leading quality awards standing for benchmarks for organizational quality.

Via opening 474 specialty shops, experience shops, collection shops, and Wuliangye-themed restaurants in 2025, the Chinese baijiu maker witnessed a meteoric rise in bottle openings at banquet venues.

One of its low-alcohol products targeting young consumers once raked in over 100 million yuan sales revenues in just two months after being put on shelves and overseas consumption scenarios yet enriched along with opening of the Wuliangye-themed restaurants in Singapore and Japan.

As a business manager of a Malaysian firm noted, he is confident in the future of Wuliangye given its premium quality, brand status and market value and is willing to continue cooperation with the company in Malaysia.

Original link: https://en.imsilkroad.com/p/348905.html 

Powered by LightX2V inference framework to enable low‑cost, high-throughput video generation

HONG KONG, Dec. 22, 2025 /PRNewswire/ — SenseTime launched its Seko 2.0, a multi-episode drama generation agent tailored for short drama and motion comic creators. Supporting production up to 100-episode series, Seko 2.0 ensures consistency in characters, scenes, and props across episodes. It significantly boosts production efficiency, reducing comic drama production time by 80% to 90% compared to traditional methods. 

Seko 2.0 is powered by SenseTime’s open‑source LightX2V framework, the industry’s first inference framework capable of real‑time video generation. This innovative framework allows for cost-effective and high-throughput video production.

Supporting 100-episode series generation  
First launched in July 2025, Seko attracted over 100,000 creators within two months and its user base surpassed 200,000 in less than half a year, 30% of which were short drama creators and 20% comic drama creators. 

The new Seko 2.0 further lowers the creative threshold and enables more efficient video production. Its key upgraded features include: 

• A revamped User Interface (UI) with optimized visual presentation, delivering an immersive creative experience.
• Multi-episode generation capability with long-context management, supporting the creation up to 100 episodes.
• Intelligent Agent scheduling, enabling flexible association of characters, scenes, and props across episodes, with character makeup and styling adaptable to different scenarios.

Xu Li, Chairman of the Board and CEO of SenseTime, stated: “Seko will open a door for people, who have creative imagination, but lack of professional production capabilities, so they can truly enter the creative ecosystem and unleash their imagination.” He added that, as AI capabilities continue to evolve, the quality of generated episodes will gradually move up, generating both refined “high-brow” works and popular “low-brow” content that can coexist harmoniously. 

AI comic and short dramas have experienced an explosive growth in China. Data shows that the supply of comic dramas in mainland China surged at compound annual growth rate (CAGR) of 83% in the first half of this year. Meanwhile, more than 3,000 works were produced with total revenues jumping by 12 times. Many individual creators and small teams have joined this creative trend, some even taking it as their second career. 

Enabling multi-person lip-sync & audio-visual synchronization 
Most existing AI video generation products on the market only support single-episode short films or clip production. To meet creators’ urgent demand for high-quality, large-scale multi-episode production, Seko 2.0 achieves two core technology breakthroughs: 

1) SekoIDX: Achieving character consistency across multi-episode and cross-shot scenarios
Maintaining character consistency across episodes and shots has long been an industry challenge. Traditional generation methods often result in characters appearing as “copied and pasted” (lacking vividness) or “unrecognizable” when responding to new motion or expression promots. By introducing “negative reference images” in the high-noise phase of diffusion models, SekoIDX ensures character consistency across multi-episode and cross-shot content while avoiding excessive similarity to reference images. It also maintains high stability when responding to commands for different expressions, poses, and scenes. 

2) SekoTalk: Realizing multi-person lip-sync and natural audio-visual synchronization
Traditional digital human technology often suffers from inaccurate lip-sync in complex scenarios involving multi-language and multi-person interactions. As the industry’s first solution supporting lip-sync for more than two people, SekoTalk achieves highly precise audio-visual synchronization from single-person to multi-person interactions through a series of innovative designs, whether for daily conversations, intense arguments, or group counting. 

These underlying technology breakthroughs directly translate to a leap in productivity. Under the traditional workflow, a team would typically take over three months to complete 50 episodes. With Seko 2.0, the comic drama production cycle can be reduced by 80% to 90%. Seko’s comprehensive features make it feasible for independent creators to produce videos in a “one-person crew” model. 

• Explore SekoTalk, built on LightX2V and SenseTime’s generation model, enabling multi‑person lip‑sync and natural audio‑visual synchronization for videos: http://sekotalk.com/

Adapting to domestic solutions  
Multi-episode creation of AI short dramas and comic dramas involves a large number of shots. A single 5-second video requires generating nearly 100,000 tokens, and 10 to 20 shots can result in a total token demand of 1 to 2 million. 

To address this challenge, SenseTime has developed Phased DMD Distillation technology, which can significantly reduce the overall cost of multi-episode generation. By combining phased distillation with a Mixture of Experts (MoE) model, it allows different models to specialize in different stages of the generation process, substantially improving overall model capability and efficiency without increasing inference costs. 

SenseTime has also open-sourced LightX2V, the industry’s first inference framework enabling real-time video generation. Through optimizations such as DiT distillation acceleration, lightweight VAE, and sparse attention, it achieves low-cost real-time video generation. LightX2V can generate a 5-second video on consumer-grade graphics cards in under 5 seconds, significantly outperforming Sora2, which takes several minutes. To date, it has accumulated over 5.3 million downloads and has gained widespread popularity among creators worldwide.

• Serve a custom generation model with LightX2V: https://github.com/ModelTC/LightX2V
• Try the distilled lora trained by LightX2V team: https://huggingface.co/lightx2v/
• Experience LightX2V online for free: https://x2v.light-ai.top/login

On domestic chip platforms, Seko can achieve generation effects comparable to international chip platforms in similar timeframes. International chip platforms can generate 1.25 seconds of video per second of operation, while domestic chip platforms generate 1.0625 seconds per second. With domestic chip performance improving and ecosystem maturing, this gap is expected to further narrow down. 

In the future, SenseTime will also offer domestic solution options for Seko creators, ushering in a low-cost era of AI video creation with extreme cost-performance ratio. 

Topping Douyin’s AI short drama chart  
In the comic and short drama market, Seko has successfully incubated a series of hit shows, including the live-action short drama “Wan Xin Ji“, which topped Douyin’s AI Short Drama Chart. Works such as “I Built a Doomsday Fortress on the Mountain Top” and “Yin Shen Lu” have also gained widespread attention. 

In the high-quality film and television sector, Seko has officially reached a strategic partnership with Yangtze River Film Group, a leading enterprise in the film and television industry. The two parties will jointly explore the integrated innovation of “Generative AI (AIGC) + Film and Television,” planning to launch a series of short dramas based on Jingchu cultural and historical stories next year. The two sides will also co-incubate theatrical-level AIGC films, promoting the integration of AI creative tools into professional film and television production processes. 

Distinguished UTM alumnus and national leader honoured for his leadership, scholarship, and impact on global standing.

JOHOR BAHRU, Malaysia, Dec. 22, 2025 /PRNewswire/ — After an illustrious 37-year career in academia and public service, Dato’ Seri Ir. Dr. Zaini Ujang, one of Malaysia’s most respected administrators and scholars, has been conferred the title of Professor Emeritus in conjunction with Universiti Teknologi Malaysia’s 69th Convocation Ceremony.

A Distinguished Career of Service and Leadership

As a proud double alumnus of Universiti Teknologi Malaysia (UTM), Dr. Zaini earned a Bachelor of Chemical Engineering (1988) before pursuing a PhD in Environmental Engineering at Newcastle University. An internationally recognized scholar, he has authored over 250 scientific papers and 36 books, including Ecoshift: Holistic Transformation towards Environmental Sustainability (2018) and Japanese Ecosophy: A Traveller’s Notes (2019). His research excellence in water engineering and sustainability has earned him fellowships at renowned institutions including MIT, Imperial College London, Tsukuba, and Lund University.

Additionally, Dr. Zaini’s appointment as Vice-Chancellor of UTM from 2008 to 2013 marked a historical milestone, as the first UTM alumnus and youngest individual to lead a public university in Malaysia. He remains the only Malaysian to have served as Secretary-General of five key ministries, namely Higher Education, Health, Human Resources, Environment and Water, and Energy, Green Technology and Water. Moreover, as the Chairman of the Technical Committee for the Malaysia Higher Education Blueprint 2015–2025, Dr. Zaini played a pivotal role in shaping Malaysia’s higher education transformation agenda. These leadership roles reflect his extraordinary versatility and impact on national development.

Dr Zaini’s professional journey, from being a UTM academic to Vice-Chancellor, policymaker, and global ambassador, exemplifies the transformative leadership that UTM continues to nurture. His long-standing commitment to knowledge, ethics, and service certainly underscores UTM’s vision of producing graduates who lead with intellect and integrity, advancing both national progress and global collaboration,

Even beyond retirement, Dr. Zaini continues to serve the nation. In March 2025, he was reappointed as Chairman of the Malaysian Qualifications Agency (MQA), reaffirming his continued leadership in shaping Malaysia’s higher education quality standards and global benchmarking. Through this role, he continues to guide academic governance and innovation, ensuring Malaysia’s education system remains internationally competitive and aligned with future skills demands in sustainability and digital transformation.

Expanding Malaysia’s Knowledge Agenda: 100-Day World Lecture Tour

Following his retirement from public service in March 2025, he embarked on a new transformative academic mission, the 100-Day World Lecture Tour, marking the close of a remarkable 37-year journey that reshaped Malaysia’s higher education and environmental landscape.

Spanning 15 countries and more than 40 world-leading universities and research institutions, the tour, held between April and July 2025, served as a platform to promote Malaysia’s “culture of knowledge” on the global stage.

Throughout his travels, Dr. Zaini met with academic and research leaders in the United States, United Kingdom, Japan, Germany, Sweden, and Turkiye, among others. He delivered more than 40 lectures, engaged with 10 university presidents, and fostered international partnerships aimed at strengthening Malaysia’s higher education and research ecosystems. His lectures and dialogues emphasized how cross-cultural collaboration, environmental ethics, and innovation are central in shaping the future of universities.

“It is important to broaden global perspectives in higher education and strengthen international academic collaboration to deliver meaningful benefits to Malaysia, particularly its institutions of higher learning.” Said DS Ir. Ts. Dr Zaini.

Following his return, he initiated a series of sharing sessions across Malaysian higher learning institutions, inspiring academics and students to “build knowledge networks without borders” and to translate global insights into meaningful local change.

“Exposure to the cultures and education systems of various countries provides academics with significant opportunities to gain new knowledge and create strategic avenues for research and development collaboration,” he said while delivering his address to more than 400 academic staff, administrators, and students of Universiti Malaysia Sarawak.

Therefore, Dr. Zaini’s lifelong service demonstrates that leadership is not defined by position, but by purpose. His 100-Day World Tour represents more than a personal milestone, but also a national statement that Malaysia’s intellectual capital is ready to engage, exchange, and compete on the global stage.

About Universiti Teknologi Malaysia (UTM):

Universiti Teknologi Malaysia (UTM) is a research-intensive public university specialising in engineering, science, and technology, with a growing international profile in sustainability, innovation, and the humanities. Established in 1904 and located in Johor Bahru and Kuala Lumpur, UTM is dedicated to producing global talents, impactful research, and meaningful partnerships that contribute to a more just and sustainable world.

UTM alumnus and global tech entrepreneur recognized for advancing Southeast Asia’s digital economy

KUALA LUMPUR, Malaysia, Dec. 22, 2025 /PRNewswire/ — Ganesh Kumar Bangah, a pioneering entrepreneur and visionary leader often hailed as “Malaysia’s Bill Gates,” continues to be one of the most influential figures in Southeast Asia’s digital economy.

His leadership and impact were recently recognized at the Festival of Ideas (FOI) Putrajaya 2025, where the Minister of Higher Education, Datuk Seri Dr. Zambry Abd Kadir, cited Ganesh as a “prime example of Malaysia’s innovation excellence” and a symbol of the nation’s evolving knowledge-driven economy. Dr. Zambry highlighted Ganesh’s remarkable milestone as the youngest Chief Executive Officer of a Malaysian public-listed company at age 23, noting that his entrepreneurial journey embodies the spirit of innovation and determination that Malaysia seeks to instill in its next generation of technopreneurs.

Championing Malaysian Digital Future and Driving Southeast Asia’s E-Commerce Revolution

In 2017, Ganesh founded Commerce.Asia, an integrated e-commerce ecosystem designed to empower small and medium enterprises (SMEs) across Southeast Asia. Today, the platform supports 8.4 million SMEs, 28,000 active sellers, and facilitates over RM7.6 billion in annual sales across seven countries. Under his leadership, Commerce.Asia has evolved into a one-stop enabler for digital entrepreneurship, encompassing omnichannel solutions, logistics, fulfillment, social commerce, and analytics.

Ganesh’s vision is simple yet transformative, which is to democratize digital opportunities so that every Malaysian entrepreneur can thrive in the online economy. He also serves as Executive Chairman of Xamble Group Limited (formerly Netccentric), an ASX-listed company that owns Nuffnang, Malaysia’s largest influencer platform with a community of over 20,000 creators, redefining the intersection between marketing, technology, and creative industries.

His expertise and influence extend far beyond his enterprises. He is currently a Board Member of the Malaysia Digital Economy Corporation (MDEC) and Payments Network Malaysia (PayNet), where he helps shape national strategies for fintech infrastructure and digital transformation. He previously served as Chairman of the National Tech Association of Malaysia (PIKOM) and now advises its national think tank, Future Digital, dedicated to advancing Malaysia’s digital leadership and innovation agenda. His national roles reflect a deep commitment to ensuring that Malaysia remains a competitive hub for digital entrepreneurship, data-driven governance, and sustainable technological growth.

In 2023, Ganesh received the World Distinguished Digital Entrepreneur Lifetime Achievement Award from the KSI Strategic Institute for Asia Pacific, honoring his lifelong contributions to technological innovation and leadership across Asia. He was also previously named the Ernst & Young Technology Entrepreneur of the Year (2002), listed among Southeast Asia’s Top 30 Tech Founders by Tech in Asia (2016), and recognized as one of Asia’s Most Influential People by Society Magazine (2015). These accolades highlight not only his entrepreneurial success but also his enduring influence on Malaysia’s digital transformation.

From University Dreamer to NASDAQ Pioneer and Continuing Legacy of Innovation

Ganesh’s early fascination with technology sparked a lifelong pursuit of innovation. As a proud alumnus of UTM, his story began as a Telecommunication Engineering student in UTM. He took a bold step, pausing his studies in his third year to build his first startup, MOL AccessPortal, in 2000. By 2014, his company, later known as MOL Global Inc., became the first Southeast Asian internet company to be listed on NASDAQ, cementing his position as one of the region’s foremost technology leaders. MOL’s success positioned Malaysia on the global tech map, pioneering online payment systems across Asia and connecting millions of users through digital commerce.

His journey from a student entrepreneur to a global tech leader demonstrates how UTM’s ecosystem continues to inspire problem-solvers and innovators capable of reshaping industries and uplifting societies. In his reflections, Ganesh often emphasizes that entrepreneurship should serve a higher purpose which is “to create impact beyond profit, to build opportunities that empower people and transform communities.”

Ganesh continues to inspire Malaysia’s youth to embrace creativity and technology as tools for nation-building. As he shared in his recent public address, “The future of Malaysia will not be built on resources, but on the resilience and ideas of our people.” His entrepreneurial odyssey, from a UTM dreamer to a global technology pioneer, stands as a testament to Malaysia’s growing stature as a digital innovation powerhouse.

About Universiti Teknologi Malaysia (UTM):

Universiti Teknologi Malaysia (UTM) is a research-intensive public university specialising in engineering, science, and technology, with a growing international profile in sustainability, innovation, and the humanities. Established in 1904 and located in Johor Bahru and Kuala Lumpur, UTM is dedicated to producing global talents, impactful research, and meaningful partnerships that contribute to a more just and sustainable world.