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On May 13, according to SoSoValue data, the US spot Bitcoin ETF experienced a net outflow of $233 million yesterday.

[US Spot Bitcoin ETF Sees Net Outflow of $233 Million Yesterday]On May 13, according to SoSoValue data, the US spot Bitcoin ETF experienced a net outflow of $233 million yesterday.

US Spot Bitcoin ETF Sees Net Outflow of $233 Million Yesterday

On May 13, Tencent Yuanbao announced today that it supports summarizing WeChat chat records. Users can select the chat records they wish to process in WeChat, click 'Forward to Other Apps', and if the Yuanbao app is already downloaded, they can select Yuanbao from the list. This allows them to copy and paste the content into the Yuanbao dialogue box with one click, where Yuanbao will provide intelligent summarization, analysis, and other services.

[Tencent Yuanbao Launches New Feature: Supports Summarizing WeChat Chat Records]On May 13, Tencent Yuanbao announced today that it supports summarizing WeChat chat records. Users can select the chat records they wish to process in WeChat, click 'Forward to Other Apps', and if the Yuanbao app is already downloaded, they can select Yuanbao from the list. This allows them to copy and paste the content into the Yuanbao dialogue box with one click, where Yuanbao will provide intelligent summarization, analysis, and other services.

Tencent Yuanbao Launches New Feature: Supports Summarizing WeChat Chat Records

On May 13, Wedbush announced that it has raised the price target for Oracle (ORCL.N) from $225 to $275. (Jin Shi)

[Wedbush Raises Oracle Price Target from $225 to $275]On May 13, Wedbush announced that it has raised the price target for Oracle (ORCL.N) from $225 to $275. (Jin Shi)

Wedbush Raises Oracle Price Target from $225 to $275

According to monitoring by Dongcha Beating, the US and China are set to initiate a new round of AI safety dialogue. The direct catalyst is the cutting-edge model Mythos from the American company Anthropic, which can autonomously infiltrate government databases, bank systems, and hospital networks, and is viewed by the US as an 'unprecedented cyber weapon.' Although Mythos is American-made, it demonstrates that such destructive capabilities are technically feasible, and once similar abilities are mastered by adversaries or hacker organizations, neither the US nor China can withstand it. Meanwhile, DeepSeek has announced for the first time that its new model is compatible with Huawei chips, indicating that Chinese AI is moving away from dependence on American chip giant Nvidia, thereby enhancing China's negotiating leverage. Senior US officials have confirmed that the White House hopes to open communication channels through the upcoming meeting between US and Chinese leaders. The Biden administration has previously pushed for US-China AI communication twice. During the first round of technical negotiations in Geneva in 2024, according to four participants, China viewed the US concerns about 'AI going out of control' as an academic hypothesis and instead pressured for the lifting of chip export bans, causing the talks to deviate from their intended course. In November of the same year, the two sides reached a limited agreement in Peru, committing not to allow AI to control nuclear weapon launches. Then-US National Security Advisor Sullivan described the Peru agreement as having 'broken the seal,' proving that substantial results could be achieved in US-China AI discussions, and thus recommended that the new team continue this effort during the transition, but this was not adopted. It was only after the emergence of Mythos that US Treasury Secretary Yellen proposed a federal review of future new models after hearing security reports from several banks, leading to a complete shift in the White House's stance. However, a more fundamental obstacle is that the two countries are running entirely different races. Silicon Valley giants are racing towards 'Artificial General Intelligence' (AGI), which aims to give AI human-level comprehensive intelligence, believing that whoever creates AGI first will gain irreversible technological hegemony. China is not pursuing the smartest AI but is embedding existing AI into factories, hospitals, autonomous vehicles, and government systems to create immediate economic value. CSIS senior advisor Kennedy stated, 'China believes there is no single race, but rather multiple parallel races.' When both sides sit down together, the US wants to discuss 'what to do if superintelligence goes out of control,' while China wants to discuss 'why you won't let me buy chips.' A recent Stanford report indicates that the performance gap between US and Chinese models has 'substantially closed,' but the US still holds an advantage: tech companies' AI investments are ten times greater than those of their Chinese counterparts, and the number of data centers (the physical carriers of AI computing power) is also ten times greater. Industry experts suggest starting with specific risks one by one, similar to the Peru nuclear weapon agreement. However, Brookings Institution's Kyle Chan warns that mutual distrust is fostering a 'race to the bottom' in security, with both sides cutting security investments to run faster. Sullivan noted that the Chinese leadership generally agrees on the necessity of cooperation, but their sense of urgency is far lower than that of the US. 'However, their sense of urgency has increased.'

[Prospects for US-China AI Dialogue: Anthropic Model Sparks New Negotiations, Huawei Chips Provide Strong Leverage]According to monitoring by Dongcha Beating, the US and China are set to initiate a new round of AI safety dialogue. The direct catalyst is the cutting-edge model Mythos from the American company Anthropic, which can autonomously infiltrate government databases, bank systems, and hospital networks, and is viewed by the US as an 'unprecedented cyber weapon.' Although Mythos is American-made, it demonstrates that such destructive capabilities are technically feasible, and once similar abilities are mastered by adversaries or hacker organizations, neither the US nor China can withstand it. Meanwhile, DeepSeek has announced for the first time that its new model is compatible with Huawei chips, indicating that Chinese AI is moving away from dependence on American chip giant Nvidia, thereby enhancing China's negotiating leverage. Senior US officials have confirmed that the White House hopes to open communication channels through the upcoming meeting between US and Chinese leaders. The Biden administration has previously pushed for US-China AI communication twice. During the first round of technical negotiations in Geneva in 2024, according to four participants, China viewed the US concerns about 'AI going out of control' as an academic hypothesis and instead pressured for the lifting of chip export bans, causing the talks to deviate from their intended course. In November of the same year, the two sides reached a limited agreement in Peru, committing not to allow AI to control nuclear weapon launches. Then-US National Security Advisor Sullivan described the Peru agreement as having 'broken the seal,' proving that substantial results could be achieved in US-China AI discussions, and thus recommended that the new team continue this effort during the transition, but this was not adopted. It was only after the emergence of Mythos that US Treasury Secretary Yellen proposed a federal review of future new models after hearing security reports from several banks, leading to a complete shift in the White House's stance. However, a more fundamental obstacle is that the two countries are running entirely different races. Silicon Valley giants are racing towards 'Artificial General Intelligence' (AGI), which aims to give AI human-level comprehensive intelligence, believing that whoever creates AGI first will gain irreversible technological hegemony. China is not pursuing the smartest AI but is embedding existing AI into factories, hospitals, autonomous vehicles, and government systems to create immediate economic value. CSIS senior advisor Kennedy stated, 'China believes there is no single race, but rather multiple parallel races.' When both sides sit down together, the US wants to discuss 'what to do if superintelligence goes out of control,' while China wants to discuss 'why you won't let me buy chips.' A recent Stanford report indicates that the performance gap between US and Chinese models has 'substantially closed,' but the US still holds an advantage: tech companies' AI investments are ten times greater than those of their Chinese counterparts, and the number of data centers (the physical carriers of AI computing power) is also ten times greater. Industry experts suggest starting with specific risks one by one, similar to the Peru nuclear weapon agreement. However, Brookings Institution's Kyle Chan warns that mutual distrust is fostering a 'race to the bottom' in security, with both sides cutting security investments to run faster. Sullivan noted that the Chinese leadership generally agrees on the necessity of cooperation, but their sense of urgency is far lower than that of the US. 'However, their sense of urgency has increased.'

Prospects for US-China AI Dialogue: Anthropic Model Sparks New Negotiations, Huawei Chips Provide Strong Leverage

On May 13, the tokenized financial market infrastructure Digital Asset Clearing Center (DACC) announced the completion of a $10 million strategic financing round. Investors included Conflux, Global InfoTech, Fosun International, Blockstone, Avior Capital, Fintech World, Satoshi Ventures, and BridgeTower. DACC currently provides end-to-end 'Clearing-as-a-Service' for financial institutions, and the new funds will support the development of compliant financial settlement and clearing infrastructure.

[DACC Completes $10 Million Strategic Financing with Investments from Fosun International, Conflux, and Others]On May 13, the tokenized financial market infrastructure Digital Asset Clearing Center (DACC) announced the completion of a $10 million strategic financing round. Investors included Conflux, Global InfoTech, Fosun International, Blockstone, Avior Capital, Fintech World, Satoshi Ventures, and BridgeTower. DACC currently provides end-to-end 'Clearing-as-a-Service' for financial institutions, and the new funds will support the development of compliant financial settlement and clearing infrastructure.

DACC Completes $10 Million Strategic Financing with Investments from Fosun International, Conflux, and Others

On May 13, local time, economic and trade teams from China and the United States began consultations at Incheon International Airport in Seoul, South Korea. (Xinhua News Agency)

[China-U.S. Economic and Trade Consultations Begin in South Korea]On May 13, local time, economic and trade teams from China and the United States began consultations at Incheon International Airport in Seoul, South Korea. (Xinhua News Agency)

China-U.S. Economic and Trade Consultations Begin in South Korea

Market data shows that ETH has surpassed $2300, currently priced at $2300.07, with a 24-hour decline of 0.5%. The market is experiencing significant fluctuations, so please ensure proper risk management.

[ETH Surpasses $2300]Market data shows that ETH has surpassed $2300, currently priced at $2300.07, with a 24-hour decline of 0.5%. The market is experiencing significant fluctuations, so please ensure proper risk management.

ETH Surpasses $2300

HTX data monitoring shows that ETH has broken through 2300 USDT, currently reported at 2300.01 USDT, with a 24H decline of 0.58%.

【ETH breaks through 2300 USDT】HTX data monitoring shows that ETH has broken through 2300 USDT, currently reported at 2300.01 USDT, with a 24H decline of 0.58%.

ETH breaks through 2300 USDT

On May 13, a leaked list obtained by POLITICO revealed that members of the U.S. Senate Banking Committee have submitted over 100 amendments to the cryptocurrency market structure bill being reviewed on Thursday. These amendments primarily address issues related to stablecoin yields, protections for software developers, and ethical regulations. Among them, Democratic Senators Jack Reed and Tina Smith proposed to strengthen the ban on interest from stablecoins; Chris Van Hollen suggested prohibiting the President, members of Congress, and their families from holding or being associated with cryptocurrencies; Catherine Cortez Masto proposed establishing a safe harbor for software developers to avoid criminal liability. Additionally, Andy Kim proposed to rebuild the Department of Justice's national cryptocurrency enforcement team. The bill aims to clarify the jurisdiction of regulatory agencies over cryptocurrencies.

[Members of U.S. Senate Banking Committee Submit Over 100 Amendments to Cryptocurrency Bill]On May 13, a leaked list obtained by POLITICO revealed that members of the U.S. Senate Banking Committee have submitted over 100 amendments to the cryptocurrency market structure bill being reviewed on Thursday. These amendments primarily address issues related to stablecoin yields, protections for software developers, and ethical regulations. Among them, Democratic Senators Jack Reed and Tina Smith proposed to strengthen the ban on interest from stablecoins; Chris Van Hollen suggested prohibiting the President, members of Congress, and their families from holding or being associated with cryptocurrencies; Catherine Cortez Masto proposed establishing a safe harbor for software developers to avoid criminal liability. Additionally, Andy Kim proposed to rebuild the Department of Justice's national cryptocurrency enforcement team. The bill aims to clarify the jurisdiction of regulatory agencies over cryptocurrencies.

Members of U.S. Senate Banking Committee Submit Over 100 Amendments to Cryptocurrency Bill

HTX data monitoring shows that BTC has broken through 82000 USDT, currently reported at 82000.79 USDT, with a 24H increase of 0.78%.

【BTC breaks through 82000 USDT】HTX data monitoring shows that BTC has broken through 82000 USDT, currently reported at 82000.79 USDT, with a 24H increase of 0.78%.

BTC breaks through 82000 USDT

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BTC breaks through 82000 USDT

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