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Paolo Ardoino, CEO of stablecoin issuer Tether, stated on the X platform that 'artificial intelligence should be as open as freedom.' He believes that the path of centralized AI has reached a 'dead end.' In the context of major tech companies continuing to build closed AI systems, Tether is promoting a contrary direction by exploring solutions to run AI models on local devices through QVAC. This approach enables users to have control over their own data and computing power, aligning with the core principle of 'self-custody' in the crypto industry, which asserts that users should have sovereignty over their data and computational resources.

[Tether CEO: Centralized AI is a 'Dead End', Advocates for Localization and Data Sovereignty]Paolo Ardoino, CEO of stablecoin issuer Tether, stated on the X platform that 'artificial intelligence should be as open as freedom.' He believes that the path of centralized AI has reached a 'dead end.' In the context of major tech companies continuing to build closed AI systems, Tether is promoting a contrary direction by exploring solutions to run AI models on local devices through QVAC. This approach enables users to have control over their own data and computing power, aligning with the core principle of 'self-custody' in the crypto industry, which asserts that users should have sovereignty over their data and computational resources.

Tether CEO: Centralized AI is a 'Dead End', Advocates for Localization and Data Sovereignty

On April 12, according to HTX market information, TRU surged over 90% in a single day, currently priced at $0.0119. Additionally, data from Coinglass shows that the total TRU contract open interest has increased to $14.99 million, a 209% rise in 24 hours, indicating significant support from contract-driven momentum in this round of increase. BlockBeats reminds users that the prices of related tokens are highly volatile, and users should invest with caution.

[TRU Surges Over 90% in a Single Day, Joins 'Meme Coin' Ranks]On April 12, according to HTX market information, TRU surged over 90% in a single day, currently priced at $0.0119. Additionally, data from Coinglass shows that the total TRU contract open interest has increased to $14.99 million, a 209% rise in 24 hours, indicating significant support from contract-driven momentum in this round of increase. BlockBeats reminds users that the prices of related tokens are highly volatile, and users should invest with caution.

TRU Surges Over 90% in a Single Day, Joins 'Meme Coin' Ranks

On April 12, sources revealed that US-Iran negotiations will continue, and Vance's departure was merely a display of power. Additionally, the Speaker of the Iranian Parliament stated that the Iranian delegation had proposed forward-looking initiatives, but the other side ultimately failed to gain the trust of the Iranian delegation in this round of talks. The US has understood Iran's logic and principles, and now it is their turn to decide whether they can earn our trust. Earlier today, the US-Iran negotiations concluded without an agreement, and following the talks, US Vice President Vance left Pakistan, while the Iranian delegation is also set to depart on the 12th. The time, location, and agenda for the next round of US-Iran negotiations have yet to be announced.

[Sources: Vance's Departure is a Power Play, US-Iran Negotiations Will Continue]On April 12, sources revealed that US-Iran negotiations will continue, and Vance's departure was merely a display of power. Additionally, the Speaker of the Iranian Parliament stated that the Iranian delegation had proposed forward-looking initiatives, but the other side ultimately failed to gain the trust of the Iranian delegation in this round of talks. The US has understood Iran's logic and principles, and now it is their turn to decide whether they can earn our trust. Earlier today, the US-Iran negotiations concluded without an agreement, and following the talks, US Vice President Vance left Pakistan, while the Iranian delegation is also set to depart on the 12th. The time, location, and agenda for the next round of US-Iran negotiations have yet to be announced.

Sources: Vance's Departure is a Power Play, US-Iran Negotiations Will Continue

On April 12, according to a report by Iran's Mehr News Agency, Iran's Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and its tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and under the leadership's directives, control over this strategic waterway is not open for negotiation under any circumstances. (Xinhua News Agency)

[Iran's Deputy Speaker: Strait of Hormuz is a 'Red Line' Fully Controlled by Iran]On April 12, according to a report by Iran's Mehr News Agency, Iran's Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and its tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and under the leadership's directives, control over this strategic waterway is not open for negotiation under any circumstances. (Xinhua News Agency)

Iran's Deputy Speaker: Strait of Hormuz is a 'Red Line' Fully Controlled by Iran

According to Coinglass data, whales on the Hyperliquid platform currently hold $3.787 billion, with long positions amounting to $1.935 billion, accounting for 51.09% of the total positions, and short positions at $1.852 billion, making up 48.91%. The profit and loss for long positions is -$16.8325 million, while for short positions it is $26.3044 million.

[Hyperliquid Platform Whales Hold $3.787 Billion, Long-Short Position Ratio at 1.04]According to Coinglass data, whales on the Hyperliquid platform currently hold $3.787 billion, with long positions amounting to $1.935 billion, accounting for 51.09% of the total positions, and short positions at $1.852 billion, making up 48.91%. The profit and loss for long positions is -$16.8325 million, while for short positions it is $26.3044 million.

Hyperliquid Platform Whales Hold $3.787 Billion, Long-Short Position Ratio at 1.04

On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have left him 'deeply shocked.' He accused Covenant AI founder Samuel Dare of causing serious harm to the protocol and community, betraying the trust of investors and users, and letting everyone down. He also apologized to users who suffered losses due to the incident. Steeves emphasized that Bittensor was originally designed to combat greed and selfishness in human nature, promoting AI ownership among all participants through a permissionless mechanism. He highlighted that while this incident exposed vulnerabilities in the system, it will also drive the protocol and community to enhance their risk resilience. Regarding future directions, Steeves proposed advancing the 'Locked Stake' mechanism, introducing a commitment dimension of 'time + stake' at the protocol level to improve transparency and investor protection, thereby reducing similar risks. He noted that this plan was originally designed with Samuel Dare's involvement. Additionally, he stated that the development related to subnets 3, 39, and 81 will continue to be advanced by the community, and the overall functionality and vision will not change. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently and will continue to promote the development of open AI, with plans to move towards training larger models, aiming to train a model with 1 trillion parameters in the future.

[Bittensor Co-Founder Accuses Covenant AI Founder of Betraying Community, Proposes 'Locked Stake' Mechanism to Strengthen Governance]On April 12, Bittensor co-founder Jacob Robert Steeves responded to the Covenant AI incident, stating that the events of the past few days have left him 'deeply shocked.' He accused Covenant AI founder Samuel Dare of causing serious harm to the protocol and community, betraying the trust of investors and users, and letting everyone down. He also apologized to users who suffered losses due to the incident. Steeves emphasized that Bittensor was originally designed to combat greed and selfishness in human nature, promoting AI ownership among all participants through a permissionless mechanism. He highlighted that while this incident exposed vulnerabilities in the system, it will also drive the protocol and community to enhance their risk resilience. Regarding future directions, Steeves proposed advancing the 'Locked Stake' mechanism, introducing a commitment dimension of 'time + stake' at the protocol level to improve transparency and investor protection, thereby reducing similar risks. He noted that this plan was originally designed with Samuel Dare's involvement. Additionally, he stated that the development related to subnets 3, 39, and 81 will continue to be advanced by the community, and the overall functionality and vision will not change. Steeves emphasized that Bittensor remains one of the most decentralized AI protocols currently and will continue to promote the development of open AI, with plans to move towards training larger models, aiming to train a model with 1 trillion parameters in the future.

Bittensor Co-Founder Accuses Covenant AI Founder of Betraying Community, Proposes 'Locked Stake' Mechanism to Strengthen Governance

On April 12, according to a report by Iran's Mehr News Agency, Iranian Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and that tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and that control over this strategic waterway is non-negotiable under any circumstances, as per the leadership's directives. (Xinhua News Agency)

[Iranian Deputy Speaker Says Strait of Hormuz is a 'Red Line' Fully Controlled by Iran]On April 12, according to a report by Iran's Mehr News Agency, Iranian Islamic Parliament Deputy Speaker Haji Babaei warned the United States that the Strait of Hormuz is a 'red line' fully controlled by Iran, and that tolls must be paid in rials. The report stated that the majority of Iranian parliament members support plans regarding the Strait of Hormuz, and that control over this strategic waterway is non-negotiable under any circumstances, as per the leadership's directives. (Xinhua News Agency)

Iranian Deputy Speaker Says Strait of Hormuz is a 'Red Line' Fully Controlled by Iran

On April 12, it was announced that Musk's social application XChat will officially launch on the App Store on April 17. Musk previously stated that XChat aims to replace the old Twitter direct messaging system, creating a fully encrypted platform that supports text, file transfers, audio, and video calls.

[Musk's XChat to Officially Launch on App Store on April 17]On April 12, it was announced that Musk's social application XChat will officially launch on the App Store on April 17. Musk previously stated that XChat aims to replace the old Twitter direct messaging system, creating a fully encrypted platform that supports text, file transfers, audio, and video calls.

Musk's XChat to Officially Launch on App Store on April 17

On April 12, Bank of America reported on Friday that it has lowered its growth forecast for the U.S. by 50 basis points to 2.3%, with the direct impact of the war accounting for about three-quarters of the adjustment. The overall inflation adjustment is up by 70 basis points, and it is now expected that by the end of 2026, core PCE will be 30 basis points higher than previously predicted, reaching 3.1%. In the Eurozone, the bank has lowered its growth forecast by 60 basis points and raised its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%.

[Bank of America: Middle East Impact Widespread but Uneven]On April 12, Bank of America reported on Friday that it has lowered its growth forecast for the U.S. by 50 basis points to 2.3%, with the direct impact of the war accounting for about three-quarters of the adjustment. The overall inflation adjustment is up by 70 basis points, and it is now expected that by the end of 2026, core PCE will be 30 basis points higher than previously predicted, reaching 3.1%. In the Eurozone, the bank has lowered its growth forecast by 60 basis points and raised its inflation forecast by 160 basis points to 3.3%, with core inflation at 2.3%.

Bank of America: Middle East Impact Widespread but Uneven

The UK Financial Conduct Authority (FCA) is continuing its crackdown on illegal cryptocurrency ATMs. Therese Chambers, executive director of enforcement and market oversight at the FCA, said cryptocurrency ATMs that are not registered with the FCA are illegal and we will take action to stop illegal activity. the FCA said It has checked locations in Exeter, Nottingham and Sheffield with regional police. the FCA said devices that convert fiat currency into cryptocurrency are considered a money laundering threat and are not filed with the FCA as required by law.

Detail

【The UK Financial Conduct Authority is continuing its crackdown on illegal cryptocurrency ATMs】 The UK Financial Conduct Authority (FCA) is continuing its crackdown on illegal cryptocurrency ATMs. Therese Chambers, executive director of enforcement and market oversight at the FCA, said cryptocurrency ATMs that are not registered with the FCA are illegal and we will take action to stop illegal activity. the FCA said It has checked locations in Exeter, Nottingham and Sheffield with regional police. the FCA said devices that convert fiat currency into cryptocurrency are considered a money laundering threat and are not filed with the FCA as required by law.

The UK Financial Conduct Authority is continuing its crackdown on illegal cryptocurrency ATMs

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The UK Financial Conduct Authority is continuing its crackdown on illegal cryptocurrency ATMs

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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