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The market for alternative cryptocurrencies (altcoins) may see an extra dose of volatility this week, as the impending token unlock schedule will release billions of dollars worth of supply for several coins, including Ondo Finance's ONDO token.

Data from Tokenomist show the weekly unlocks calendar, that includes names like ONDO, ARB, STRK SEI and others, is worth $3 billion the largest amount since November.

Decentralized tokenization-focused platform Ondo Finance's ONDO accounts for a giant share of the tally.

On Jan. 18, the project will free up 1.94 billion ONDO worth $2.23 billion, equating to over 130% of the token's circulating supply of around 1.4 billion. ONDO's impending unlock is also several times bigger than its daily trading volume, which has recently ranged between $250 million to $300 million.

Unlocks arestaggered releases of tokens initially frozen to prevent early investors and project team members from liquidating coins at once. The gradual release helps avoid rapid price swings and market instability.

Yet, occasionally, we get to see ONDO-like unlocks that are bigger in terms of the circulating supply of the token or the coin's average daily volume, threatening to inject volatility into the market. Per Research by The Tie, tokens facing unlocks equivalent to 100% of the average daily volume experience volatility in the lead-up to and following the event.

ONDO changed hands at $1.14 at press time, the lowest since Dec. 2, representing a 5% loss for the day and a nearly 15% month-to-date decline. Prices have been in a free fall since hitting record highs above $2.10 on Dec. 16, TradingView data show.

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.

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Prosecutors call for 11-year jail sentence for Sean ‘Diddy’ Combs

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Prosecutors call for 11-year jail sentence for Sean 'Diddy' Combs

Federal prosecutors in New York are urging a judge to sentence Sean “Diddy” Combs to more than 11 years in prison.

Following the hip-hop mogul’s conviction on prostitution-related charges, they also want him to be fined $500,000 (£372,000), according to court filings.

Last week, defence lawyers urged a 14-month sentence. Due to time served, that would enable him to walk free almost immediately – following his arrest in September last year.

But he could, in theory, face up to 20 years in jail after being found guilty of two counts of transportation for engagement in prostitution. Each charge carries a maximum sentence of 10 years.

Judge Arun Subramanian, a US district judge, is due to sentence Combs in Manhattan on Friday.

Sean "Diddy" Combs reacts after verdicts are read of the five counts against him, during Combs' sex trafficking trial in New York City, New
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Combs reacts after the verdicts are read in July

During his trial, prosecutors said Combs coerced two of his former girlfriends to take part in what were described as “freak offs”.

He was found guilty of transporting male prostitutes across state lines to take part in those events.

Both women testified that Combs physically attacked them and threatened to cut off financial support if they refused to take part.

However, while jurors believed Combs broke the law over using sex workers, they did not find the sexual encounters involving the women were non-consensual, which is what prosecutors had argued.

Combs was cleared of the more serious charges of sex-trafficking and racketeering conspiracy.

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In a written legal submission, his defence team has detailed “inhumane” conditions at the Metropolitan Detention Center in Brooklyn, New York.

They said the food sometimes contains maggots, that the rapper is routinely subjected to violence, and that he has “not breathed fresh air in nearly 13 months”.

They also said his “career and reputation have been destroyed”.

His legal team said Combs had been “adequately punished” already, was sober “for the first time in 25 years”, and had helped other inmates by creating an educational programme on business management and entrepreneurship.

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China’s DeepSeek launches next-gen AI model. Here’s what makes it different

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China's DeepSeek launches next-gen AI model. Here's what makes it different

Anna Barclay | Getty Images News | Getty Images

Chinese startup DeepSeek’s latest experimental model promises to increase efficiency and improve AI’s ability to handle a lot of information at a fraction of the cost, but questions remain over how effective and safe the architecture is.  

DeepSeek sent Silicon Valley into a frenzy when it launched its first model R1 out of nowhere last year, showing that it’s possible to train large language models (LLMs) quickly, on less powerful chips, using fewer resources.

The company released DeepSeek-V3.2-Exp on Monday, an experimental version of its current model DeepSeek-V3.1-Terminus, which builds further on its mission to increase efficiency in AI systems, according to a post on the AI forum Hugging Face.

“DeepSeek V3.2 continues the focus on efficiency, cost reduction, and open-source sharing,” Adina Yakefu, Chinese community lead at Hugging Face, told CNBC. “The big improvement is a new feature called DSA (DeepSeek Sparse Attention), which makes the AI better at handling long documents and conversations. It also cuts the cost of running the AI in half compared to the previous version.”

“It’s significant because it should make the model faster and more cost-effective to use without a noticeable drop in performance,” said Nick Patience, vice president and practice lead for AI at The Futurum Group. “This makes powerful AI more accessible to developers, researchers, and smaller companies, potentially leading to a wave of new and innovative applications.”

The pros and cons of sparse attention 

An AI model makes decisions based on its training data and new information, such as a prompt. Say an airline wants to find the best route from A to B, while there are many options, not all are feasible. By filtering out the less viable routes, you dramatically reduce the amount of time, fuel and, ultimately, money, needed to make the journey. That is exactly sparse attention does, it only factors in data that it thinks is important given the task at hand, as opposed to other models thus far which have crunched all data in the model.

“So basically, you cut out things that you think are not important,” said Ekaterina Almasque, the cofounder and managing partner of new venture capital fund BlankPage Capital.

Sparse attention is a boon for efficiency and the ability to scale AI given fewer resources are needed, but one concern is that it could lead to a drop in how reliable models are due to the lack of oversight in how and why it discounts information.

“The reality is, they [sparse attention models] have lost a lot of nuances,” said Almasque, who was an early supporter of Dataiku and Darktrace, and an investor in Graphcore. “And then the real question is, did they have the right mechanism to exclude not important data, or is there a mechanism excluding really important data, and then the outcome will be much less relevant?”

This could be particularly problematic for AI safety and inclusivity, the investor noted, adding that it may not be “the optimal one or the safest” AI model to use compared with competitors or traditional architectures. 

DeepSeek, however, says the experimental model works on par with its V3.1-Terminus. Despite speculation of a bubble forming, AI remains at the centre of geopolitical competition with the U.S. and China vying for the winning spot. Yakefu noted that DeepSeek’s models work “right out of the box” with Chinese-made AI chips, such as Ascend and Cambricon, meaning they can run locally on domestic hardware without any extra setup.

Deepseek trains breakthrough R1 model at a fraction of US costs

DeepSeek also shared the actual programming code and tools needed to use the experimental model, she said. “This means other people can learn from it and build their own improvements.”

But for Almasque, the very nature of this means the tech may not be defensible. “The approach is not super new,” she said, noting the industry has been “talking about sparse models since 2015” and that DeepSeek is not able to patent its technology due to being open source. DeepSeek’s competitive edge, therefore, must lie in how it decides what information to include, she added.

The company itself acknowledges V3.2-Exp is an “intermediate step toward our next-generation architecture,” per the Hugging Face post.

As Patience pointed out, “this is DeepSeek’s value prop all over: efficiency is becoming as important as raw power.”

“DeepSeek is playing the long game to keep the community invested in their progress,” Yakefu added. “People will always go for what is cheap, reliable, and effective.”

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Ronan Keating, Keith Duffy, Shane Lynch and Mikey Graham will perform a headline show – and promise to remember Stephen Gately too

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Ronan Keating, Keith Duffy, Shane Lynch and Mikey Graham will perform a headline show – and promise to remember Stephen Gately too

Boyzone are reuniting for their biggest ever headline show next summer, inspired by the success of their recent documentary Boyzone: No Matter What.

Ronan Keating, Keith Duffy, Shane Lynch and Mikey Graham will perform live at Emirates Stadium, London, on Saturday 6 June 2026.

It will be the first time they’ve performed together since a five-night run at the London Palladium in 2019, and will be the largest show of their entire career anywhere in the world.

In January, a three-part documentary celebrated their success, as well as revealing the dark side of being in a boyband in the 1990s.

One of the biggest pop groups of the era, the five-working class lads from Dublin formed in 1993, put together by talent manager Louis Walsh. They broke into the UK charts the following year.

Six number one hits and five number one albums followed, with 25 million records sold across the world.

Stephen Gately’s untimely death back in 2009, as a result of an undiagnosed heart condition, means the full band will never again take to the stage, but the remaining band members say the show will be a time to remember Gately.

More on Ronan Keating

Read more: Ronan Keating on boyband fame in the 90s

Boyzone said: “We’ve been truly blown away and humbled by the response to the documentary this year. The love we’ve felt from fans all over the world has inspired us to create the ultimate experience together, headlining our own stadium show.

“The four of us can’t wait to stand together again and enjoy One For The Road.”

Ticket pre-sale kicks off on Tuesday 7 October at 9am, with remaining tickets going on general sale 9am on Friday 10 October.

With hits including Words, No Matter What and Love Me For A Reason, the band have four BRITs and an Ivor Novello award, and after reuniting in 2007, they performed four sell-out UK arena tours between 2008-2019.

Boyzone: No Matter What is available on Sky and streaming service Now

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