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08-14

Citrini Analyst Questions SanDisk's HBF vs. HBM Performance Claims

Huoxing Finance reports that on August 14, Citrini analyst Zephyr published a post questioning the parameter settings in SanDisk’s investor day presentation comparing HBF and HBM performance, suggesting the company deliberately underrepresented HBM’s capabilities. He noted that SanDisk set the total

EdgeConneX Seeks $2.5B Financing for Meta's 1-Gigawatt Ohio Data Center

EdgeConneX is working to syndicate roughly $3 billion in loans to build a 1-gigawatt data center campus in New Albany, Ohio, purpose-built for Meta Platforms. The project, called Prometheus, represents one of the largest single-site data center financing efforts to date and introduces a financial st

StablecoinX Reports $21.8M ENA Reserve in First Financial Report

According to ME News, on August 14 (UTC+8), StablecoinX, a treasury company listed on Nasdaq and affiliated with Ethena, released its first financial report, revealing that it has established a reserve of approximately 3 billion ENA tokens, including around 285 million ENA contributed by the Ethena

Kospi Surges 20% From July Low as Sandisk Rally Reignites AI Chip Bull Market

South Korea’s Kospi has staged one of the fastest market reversals of the year, climbing more than 20% from its late-July low and returning to technical bull-market territory less than two weeks after a brutal semiconductor-driven selloff.The benchmark rose nearly 22% from its July 30 closing low by

StablecoinX Reports $21.8M in ENA Reserves in First Financial Report

Odaily Planet Daily report: Ethena’s treasury company, StablecoinX, a Nasdaq-listed entity, released its first financial report, revealing that it has established a reserve of approximately 3 billion ENA tokens, including about 285 million ENA contributed by the Ethena Foundation and approximately 2

SpaceX completes $60 billion acquisition of AI coding startup Cursor

BlockBeats report: On August 14, SpaceX completed its $60 billion acquisition of the AI coding startup Cursor, a critical step for Musk in catching up with competitors Anthropic and OpenAI in the AI field. According to regulatory filings, the transaction took effect on August 14, two months after Sp

EdgeConneX Seeks $2.5 Billion Power Cost Guarantee for Global Data Center Expansion

Odaily Planet Daily report: EdgeConneX Inc., a data center operator backed by EQT, is seeking bank-backed power cost guarantees of up to $2.5 billion to support its global data center expansion plan. EdgeConneX is in discussions with several banks, including France’s Natixis and Spain’s BBVA, on a l

Hyperliquid whale holdings reach $5.165B, with short positions slightly exceeding longs.

Huoxing Finance reports, according to Coinglass data, that whales on the Hyperliquid platform currently hold a total position of $5.165 billion, with long positions at $2.536 billion (49.1% of total) and short positions at $2.629 billion (50.9%). The unrealized P&L for longs is -$124 million, while

SEC Cancels Crypto Rulemaking Meeting, Delays Exemption Proposal

CoinDesk reports:The U.S. Securities and Exchange Commission (SEC) canceled its publicly scheduled meeting for Friday morning. According to Reuters, three commissioners had planned to vote on whether to initiate the agency’s first-ever proposed rule specifically targeting crypto assets.The original

Washington State Court Orders Kalshi to Halt Multiple Prediction Contracts

CoinDesk reports:A judge in Washington State, USA, has issued a final order requiring the prediction market platform Kalshi to cease offering various event contracts in the state. State prosecutors stated that the court found Kalshi likely violated Washington State’s Gambling and Consumer Protection

Uniswap Activates Fee Switch, Burns 100M UNI Tokens

Let me finish a story I started five weeks ago. In July this column called Uniswap the toll booth on DeFi’s highway and asked the question that has haunted the token since 2020: does the toll ever reach the people who own the booth? I flagged it as the single most important thing to verify about UNI

Microsoft Phases Out Mico, the Yellow AI Character in Copilot Voice Mode

Microsoft has announced the removal of the Mico emoticon robot from Copilot’s voice mode. This yellow, blob-like character, launched in October last year, has been available for less than a year. Mico could generate real-time expressions and animations based on user conversations, representing Micro

MiniMax launches the Music3 model to generate songs up to 5 minutes long from lyrics and descriptions.

MiniMax has released the music generation model MiniMax-Music3, which employs a hierarchical autoregressive architecture featuring an 8B-parameter global language model responsible for modeling long-range semantics and structural changes, and a 0.6B-parameter local language model tasked with predict

Hyperliquid HYPE Spot Buying Surges 353% as Price Nears $57 Breakout

What to KnowHYPE recorded $1.53 million in positive spot net inflows, with its 12-hour net flow change increasing by approximately 353.49% overall.Futures posted $9.59 million in net outflows, showing leveraged exposure weakened while direct spot demand maintained its broader positive balance.HYPE t

OpenAI and Anthropic Shift AI Pricing from Token-Based to Task-Based Model

OpenAI and Anthropic are collaborating to shift AI model pricing standards from “cost per token” to “cost per task,” aiming to rebuild the value proposition for premium models amid pressure from low-price competition. Companies like Meta and DeepSeek are squeezing the market with extremely low token

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