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Share link:In this post: Germany launched Jupiter, an Nvidia-powered supercomputer, now the fourth-fastest in the world. Chancellor Friedrich Merz said the machine helps Europe compete with the US and China in AI. The US GAIN AI Act may block future exports of high-end chips like Nvidia’s to foreign countries.
Share link:In this post: WLFI is getting some heat as Justin Sun’s frozen WLFI has started to be compared to debanking users. Sun claimed about 600 million tokens on September 1 and has accused WLFI of freezing those tokens after a blacklisting on Thursday. Another investor claims his funds were also locked after a risk assessment that only happened post-distribution.
Share link:In this post: Authors Grady Hendrix and Jennifer Roberson sued Apple, alleging their books were used without consent to train its OpenELM AI models. The lawsuit claims the iPhone maker relied on pirated datasets and failed to seek permission, compensate or credit the authors. Microsoft, Meta, OpenAI, and Anthropic also face lawsuits over alleged misuse of copyrighted works for AI training.
The cryptocurrency market often experiences low performance and high volatility in September. Historical crash data shows that the decline rate has gradually slowed, dropping from an early 99% to 50%-80%. Recovery periods vary depending on the type of crash, and there are significant differences between institutional and retail investor behavior. Summary generated by Mars AI. The content generated by the Mars AI model is still being iteratively updated for accuracy and completeness.
Quick Take Summary is AI generated, newsroom reviewed. BlackRock bought 33,451 ETH, worth over $145 million, to add to its crypto portfolio. This purchase expands BlackRock's significant crypto holdings, which also include a large BTC position. The transaction reinforces BlackRock's commitment to the digital asset sector. The move signals growing institutional confidence and could encourage other investors to follow suit.References JUST IN: BlackRock buys 33,451.58 $ETH worth $145.1 million.
- 15:27This morning, a whale who went 25x long on ETH made an unrealized profit of $4.335 million in just 13 hours.According to Jinse Finance, on-chain analyst Ai Yi (@ai9684xtpa) monitored that as ETH surpassed $4,000, a whale who went 25x long on ETH made an unrealized profit of $4.335 million in just 13 hours this morning.
- 14:43Analyst: Bitcoin is retesting the "golden cross" and may see a significant reboundBlockBeats News, October 12, cryptocurrency market analyst Mister Crypto stated that Bitcoin is currently retesting the "golden cross," a historically bullish technical pattern that often precedes price increases. The golden cross is a bullish trading signal that occurs when a short-term moving average (typically the 50-day moving average) crosses above a long-term moving average (typically the 200-day moving average), indicating a shift from a bearish to a bullish market and suggesting that prices may start to rise. Currently, Bitcoin is hovering around $110,000, and if it can remain above this level, it could trigger another significant rally.
- 14:43Altcoin Season Index drops to 34BlockBeats News, October 12, according to Coinmarketcap data, the Altcoin Season Index has dropped to 34. Previously, on September 20, it once rose to 78, with last week's average at 59 and last month's average at 68. The index shows that in the past 90 days, about 34 projects among the top 100 cryptocurrencies by market capitalization have outperformed bitcoin. Note: The CMC Altcoin Season Index is a real-time indicator used to determine whether the current cryptocurrency market is in an altcoin-dominated season. The index is based on the performance of the top 100 altcoins relative to bitcoin over the past 90 days.