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07-24

Meta and Amazon employees burned over 60 trillion tokens in 30 days, sparking debate over AI usage.

Meta employees consumed over 60 quadrillion tokens within 30 days, sparking widespread debate in Silicon Valley about “Tokenmaxxing,” while Amazon employees have also begun gaming “AI KPIs.” According to data from China’s National Data Bureau, domestic token usage has surged more than a thousandfold

MemSlides by Beijing University, Tsinghua University, and Shanghai Jiao Tong University Solves AI PPT Editing Issues

Beijing University of Posts and Telecommunications, Tsinghua University, and Shanghai Jiao Tong University jointly developed the MemSlides system to address challenges in personalized and iterative revision of AI-generated presentations. The system retrieves user profile memories during initial gene

$192 million in crypto futures liquidations in 24 hours

ME News reports that, as of July 24 (UTC+8), according to MyToken data, the total liquidations across the cryptocurrency derivatives market in the past 24 hours amounted to $192 million. BTC liquidations totaled $54.78 million, ETH liquidations totaled $63.34 million, SOL liquidations totaled $9.77

Three DeFi Bridge Hacks Wipe $35.55M, Reviving FUD Amid Recovery

Is another wave of DeFi FUD building beneath the surface?Flashback to the Q1-Q2 cycle, the crypto market went through one of its biggest DeFi security scares after three back-to-back hacks wiped out over $600 million. The result was a sharp liquidity outflow, with DeFi TVL dropping to Q2 2024 levels

U.S. Senators Negotiate Revised Crypto Ethics Proposal Amid Clarity Act Stalemate

The Senate’s effort to advance the Clarity Act has hit another obstacle after Democrats rejected ethics language backed by the White House, prompting bipartisan negotiations on a revised proposal, Politico reported Thursday.Lawmakers remain divided over ethics provisions designed to address Presiden

KULRTech Abandons Bitcoin Treasury Strategy, Suffers $22.62M Loss

According to on-chain analyst Ember (@EmberCN), BTC treasury company @KULRTech transferred another 145.8 BTC (approximately $9.45 million) to Coinbase Prime five hours ago. After multiple sell-offs over the past three months, its original holding of 1,021 BTC (approximately $101 million) has now bee

ETH breaking above $1,972 could trigger $1.004 billion in short liquidations.

According to ChainCatcher, data from Coinglass shows that if ETH breaks above $1,972, the total liquidation intensity of long positions on major CEXs will reach $1.004 billion. Conversely, if ETH falls below $1,788, the total liquidation intensity of short positions on major CEXs will reach $442 mil

Tanker traffic through the Strait of Hormuz falls to a two-month low

ChainThink reports that, according to vessel tracking data, only one oil tanker passed through the Strait of Hormuz on July 23, the lowest level since May 7; three oil tankers passed on July 22.Due to shipping risks in the Middle East, oil prices have risen again to around $100 per barrel.Data shows

Tanker traffic through the Strait of Hormuz falls to a 2.5-month low amid rising Middle East tensions.

BlockBeats news: On July 24, amid escalating shipping risks in the Middle East, tanker traffic through the Strait of Hormuz fell to its lowest level in two and a half months, prompting oil prices to rise again to around $100 per barrel.Shipping tracking data shows that only one tanker passed through

CL Rises to 5th on AiCoin Hot Search List, Market Attention Increases

CL has entered the AiCoin Hot Search Top 5 for the first time in the past 7 days, rising from 6th to 5th within 24 hours, indicating significantly increased market attention. Meanwhile, trading volume has surged to 1.5 times the 7-day average, with the price climbing 12.8% to $91.89. The simultane

IMF Warns That Integrating AI Into Financial Systems Presents New Stability Risks

ME AI message: The International Monetary Fund (IMF) has issued a warning that artificial intelligence is entering the core of the financial system, transforming how trading, credit, regulation, and financial infrastructure operate. However, the large-scale synchronized use of AI models could amplif

IMF Warns AI Could Amplify Financial Market Risks

Huo Xing Finance reports that on July 24, the International Monetary Fund (IMF) issued a warning that artificial intelligence is entering the core functions of the financial system and transforming the way trading, credit, regulation, and financial infrastructure operate. However, the large-scale sy

Korean firms invest $10.2 billion in the U.S. in Q1 2026, a five-year high.

ME AI Messages: Driven by profit growth from the AI boom and U.S. tariff policies, Korean companies are launching the largest wave of investments and acquisitions in the U.S. in recent years. According to data from South Korea’s Ministry of Finance, actual foreign direct investment (FDI) by Korean c

Bitcoin mining companies shift from direct sales to collateralized loans after the halving

ChainCatcher reports that a joint report by Bitcoin collateralized lending platform CoinRabbit and hashrate platform GoMining highlights that managing Bitcoin is more important than mining volume. After the block reward dropped to 3.125 BTC and network difficulty neared historical highs, low electri

Morgan Stanley report analyzes NVIDIA vs. AMD in the intelligent CPU standards battle

Written by: RitaTide GuideNVIDIA and AMD are competing to define the standards in a $170 billion agent CPU market.Under the AI agent wave, server CPU architectures are diverging. NVIDIA advocates for faster cores, arguing that single-core performance determines system limits. AMD, on the other hand,

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