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08-08
Bitcoin Bottom Signals Strengthen Amid Mixed On-Chain Flows
Bitcoin [BTC] traded within a narrow $62,000 to $65,000 range over the past week.On-chain data pointed to a possible recovery setup. However, longer-term Spot Flows still showed that sellers retained influence.Is Bitcoin finding a bottom?Supply in Profit tracks the share of Bitcoin’s circulating sup
Tinder co-founder Justin Mateen buys $1.93 million in American Bitcoin shares over two days
Odaily Planet Daily report: Justin Mateen, co-founder of Tinder and a director at American Bitcoin (ABTC), a Bitcoin mining company backed by the Trump family, purchased company shares for two consecutive days following the release of its quarterly earnings, investing approximately $1.93 million in
U.S. Senator Lummis Pledges to Continue Advocacy for the Clarifying Act Amid Vote Delay
Odaily Planet Daily report: On August 7, the Senate announced it was delaying the vote on the Clarity Act until September. Lummis, a U.S. Senator and supporter of the Clarity Act, posted on X: "I’ve put so much long and hard work into this bill, so you can imagine how frustrated I am right now. One
Morgan Stanley raises SanDisk's price target to $2,500, optimistic about AI storage demand driving profit growth.
Huo Xing Finance reports that on August 8, Bank of America maintained its bullish rating on SanDisk following its latest earnings report, arguing that the market has underestimated the company’s long-term profitability driven by AI-related storage demand. Bank of America reiterated its “Buy” rating
BTCPay Server Warns of Critical Vulnerability Under Active Attack, Urges Users to Upgrade
ChainThink reports that on August 8, BTCPay Server announced on X that its Bitcoin payment processing platform has identified a critical vulnerability currently under active attack, which could allow attackers to gain unauthorized access and result in fund losses.The official requirement is for admi
Asian firms raised over $83 billion in July, with Morgan Stanley optimistic about H2 capital markets.
Huo Xing Finance reports that, according to Bloomberg data, Asian companies raised over $83 billion in July through IPOs, private placements, and block trades, setting a historical monthly record. Among these, South Korean semiconductor giant SK Hynitz raised $26.5 billion through its U.S. listing,
AMD Acquires Taalas to Embed AI Model Weights in Chips
Author: Xiao BingAMD acquires Taalas: inference chips begin embedding model weights directly into siliconOn August 6, AMD announced the acquisition of Toronto-based chip company Taalas, with the transaction price undisclosed. This startup, founded in 2023 and having raised a total of funding of $2
Alphabet to Raise Up to $25 Billion for AI Infrastructure as Data Center Financing Costs Rise
Author: HuohuoCan AI data centers still borrow money at low rates?TL;DRAlphabet's new corporate bond offering attracted approximately $115 billion in demand, with plans to raise up to $25 billion to fund AI infrastructure expansion.After abandoning its €1 billion bond plan, Pure DC is turning to ban
July Performance of Quantitative Funds: Survivorship Bias or Real Skill?
Author: HuohuoBesides the Warren Buffett fund suffering heavy losses, how did other hedge funds perform in July?In the final week of July, the AI-themed fund Situational Awareness sold most of its public equities to the hedge fund Citadel. A letter to investors seen by Reuters on July 31 showed that
BTCPay Server Warns of Critical Vulnerability Under Active Attack, Urges Immediate Upgrade
BlockBeats report: On August 8, the Bitcoin payment processing project BTCPay Server warned users that its server has a critical vulnerability currently under active attack, which could allow attackers to gain unauthorized access and result in fund loss.BTCPay Server has announced on social platform
Stanford AI researchers generate new bacteriophage virus families
Source: The Wall Street JournalAuthors: Georgia Wells, Alex JaninOriginal title: The Latest Scary-Sounding AI Milestone: A Brand-New VirusCompiled and organized by BitpushNewsAt 3 a.m., in a petri dish at Stanford Lab, a new virus designed by AI came to life for the first time—it successfully invade
Whale cuts $700K BTC loss, adds 30 BTC, still holds $605,000 floating loss
PANews, August 8: According to Ai Yi monitoring, the address that previously opened a $102 million BTC short position liquidated 700 BTC at 9 p.m. last night, incurring a loss of $624,000. This morning, it added another 30 BTC. The address’s current position stands at 930 BTC (approximately $60.32 m
Hinton, Fei-Fei Li, and Andrew Ng Unite in Critique of Big AI Companies
Source: DianqiwangAuthor: First Electric Editorial TeamAt 2:00 AM Beijing time on August 6 (8:00 AM Las Vegas time on August 5), Jeffrey Hinton, Fei-Fei Li, and Andrew Ng appeared on stage together for the first time.The panel titled "The Architects of Intelligence: A Historic Gathering" is the most
Asian firms raised over $8.3 billion in July, with Morgan Stanley optimistic about H2 capital markets.
Odaily Planet Daily reports, according to Bloomberg data, Asian companies raised over $83 billion in July through IPOs, private placements, and block trades, setting a historical monthly record. Among these, South Korean chip giant SK Hynitz raised $26.5 billion through its U.S. listing, making it t
SharpLink CEO Opposes Ethereum Proposal to Reduce Staking Rewards
CoinMarketCap reports:Joseph Chalom, CEO of SharpLink, opposes a proposed adjustment to Ethereum’s staking rewards, arguing that if issuance-based validator rewards eventually fall to zero, ETH’s appeal to institutional capital could diminish, and the cost of capital in DeFi markets such as on-chain
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