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The decentralized exchange Hyperliquid, operated by only 11 people, has become a major force in the crypto world with daily trading volumes exceeding $13 billion, thanks to its anonymity and high leverage.
The AI boom is driving a capital frenzy in the US data center industry, with major players pledging to invest tens of billions of dollars. A $40 billion acquisition deal has set a new record.
Leveraging Infrastructure Expertise, CleanSpark Enters AI Data Center Market Amid Mining Sector Recovery
BitMine Capitalizes on ETH Price Dip, Predicts Short-Term Rebound to $4,440 Amid Market Volatility
Preserving Industrial Electricity: A Contrast to France's Surplus Power Utilization for Bitcoin Mining
With Filecoin Pin, developers can now persistently store any files or existing IPFS data on Filecoin—a decentralized network composed of globally distributed storage providers—using the IPFS tools and workflows they are already familiar with, from the command line to GitHub Actions.
During the process of trend capturing, both creators and users benefit mutually.
The open-source community cannot rely solely on passion to sustain itself.
- 13:41YZi Labs leads $25.5 million strategic funding round for SignChainCatcher reported that YZi Labs led a $25.5 million strategic funding round for Sign, with IDG Capital also participating. Sign CEO Xin Yan stated that Sign is committed to building digital infrastructure and plans to use the funds to expand its technical team. The funds will also be used to develop various partnerships aimed at advancing sovereign blockchain infrastructure. In January of this year, Sign received $16 million in funding from YZi Labs. Across its seed, Series A, and strategic rounds, Sign has raised a total of over $55 million.
- 13:37Federal Reserve Governor Waller: Will More Actively Study and Embrace Payment InnovationChainCatcher reported that at a Federal Reserve conference on crypto payment innovation, Federal Reserve Governor Christopher Waller stated that the Fed will become more proactive in researching and embracing payment innovation. Waller emphasized that the Fed intends to actively participate in this revolution and said the institution must strive to understand how best to integrate these innovations with the traditional financial ecosystem. Waller also mentioned that he has asked central bank staff to explore the concept of "payment accounts." He noted that a possible prototype is a "streamlined" master account, which would provide access to the Fed's payment systems. The Federal Reserve hopes to better understand how to connect traditional finance with decentralized finance, innovative stablecoin application scenarios, and the tokenization of financial products and services.
- 13:37OpenAI launches secret project to train AI to take over junior bankers' tedious tasksJinse Finance reported that OpenAI is reportedly leveraging more than 100 former investment bankers to train its artificial intelligence on how to build financial models, aiming to replace the tedious and time-consuming tasks in the industry that are typically handled by junior bankers. This team, which includes former employees from JPMorgan, Morgan Stanley, and Goldman Sachs, is part of a confidential internal OpenAI project codenamed "Mercury." According to an insider, participants are paid $150 per hour and are responsible for writing prompts and building financial models for various transactions, including restructurings and initial public offerings. OpenAI is also granting participants early access to its AI, which is being developed to replace entry-level investment banking tasks.