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According to monitoring by Dongcha Beating, Judge Gonzalez Rogers, presiding over the lawsuit filed by Elon Musk against OpenAI, warned both parties in court on Tuesday before opening statements, urging them to "control your impulses to worsen the situation outside of court through social media." The day before, both sides had been engaged in a heated exchange on X, with Musk even paying to promote negative reports about Altman. Musk argued in court that he was responding only after OpenAI made public posts first, to which the judge suggested, "Let's turn the page and start fresh from today," a proposal that Musk, Altman, and Brockman all agreed to. The trial has officially entered the opening statement phase. The jury will review years of emails, texts, and company documents among OpenAI's founders to determine whether the leadership betrayed the founding principles when shifting towards profitability and accepting Microsoft's investment. Witnesses expected to testify include Microsoft CEO Satya Nadella, former OpenAI executives Mira Murati and Ilya Sutskever, as well as the mother of several of Musk's children and former OpenAI board member Shivon Zilis. The jury is expected to begin deliberations before May 12.

[Judge Warns Elon Musk and OpenAI in Court: Control Your Social Media Impulses]According to monitoring by Dongcha Beating, Judge Gonzalez Rogers, presiding over the lawsuit filed by Elon Musk against OpenAI, warned both parties in court on Tuesday before opening statements, urging them to "control your impulses to worsen the situation outside of court through social media." The day before, both sides had been engaged in a heated exchange on X, with Musk even paying to promote negative reports about Altman. Musk argued in court that he was responding only after OpenAI made public posts first, to which the judge suggested, "Let's turn the page and start fresh from today," a proposal that Musk, Altman, and Brockman all agreed to. The trial has officially entered the opening statement phase. The jury will review years of emails, texts, and company documents among OpenAI's founders to determine whether the leadership betrayed the founding principles when shifting towards profitability and accepting Microsoft's investment. Witnesses expected to testify include Microsoft CEO Satya Nadella, former OpenAI executives Mira Murati and Ilya Sutskever, as well as the mother of several of Musk's children and former OpenAI board member Shivon Zilis. The jury is expected to begin deliberations before May 12.

Judge Warns Elon Musk and OpenAI in Court: Control Your Social Media Impulses

On April 29, the re-staking protocol Puffer Finance officially announced its investment of treasury funds into the DeFi United ecosystem rescue initiative led by Aave, although the specific amount was not disclosed. Puffer believes that strong infrastructure and consistent incentive mechanisms are key to supporting DeFi during critical moments.

[Puffer Allocates Treasury Funds to Support DeFi United Ecosystem Rescue Initiative]On April 29, the re-staking protocol Puffer Finance officially announced its investment of treasury funds into the DeFi United ecosystem rescue initiative led by Aave, although the specific amount was not disclosed. Puffer believes that strong infrastructure and consistent incentive mechanisms are key to supporting DeFi during critical moments.

Puffer Allocates Treasury Funds to Support DeFi United Ecosystem Rescue Initiative

On April 29, PeckShield reported that a user lost approximately $1 million in yvWETH from Alchemix's Yearn yv Vault due to the earlier authorization of an unverified contract. The unverified contract was created 10 days ago and contained vulnerabilities that could be exploited to execute arbitrary calls.

[PeckShield: User Loses Approximately $1 Million in yvWETH Due to Earlier Authorization of Unverified Contract]On April 29, PeckShield reported that a user lost approximately $1 million in yvWETH from Alchemix's Yearn yv Vault due to the earlier authorization of an unverified contract. The unverified contract was created 10 days ago and contained vulnerabilities that could be exploited to execute arbitrary calls.

PeckShield: User Loses Approximately $1 Million in yvWETH Due to Earlier Authorization of Unverified Contract

On April 29, Ant Group's large model announced that Ling-2.6-flash is officially open-sourced today, offering multiple versions including BF16, FP8, and INT4.

[Ant Group Releases Ling-2.6-flash as Open Source]On April 29, Ant Group's large model announced that Ling-2.6-flash is officially open-sourced today, offering multiple versions including BF16, FP8, and INT4.

Ant Group Releases Ling-2.6-flash as Open Source

On April 29, Wondershare Technology stated in a conference call that as AI capabilities deepen in their products—whether in video generation, image processing, or audio capabilities—users' habits of utilizing AI are gradually strengthening, leading to a significant increase in demand. The company is optimistic about the explosion of the token economy, projecting that by 2025, the number of AI server calls will exceed 1.3 billion, a year-on-year increase of over 140%. Although the growth in token consumption may exert some short-term pressure on gross margins, it simultaneously opens up new avenues for commercial growth. The revenue model centered around token consumption is expected to become an important growth driver. Additionally, the company will optimize the model calling structure with a 'dual-mode drive' strategy, aiming to enhance overall gross margins while ensuring product quality by optimizing unit costs.

[Wondershare Technology: Token Consumption-Based Revenue Model Expected to Become Key Growth Driver]On April 29, Wondershare Technology stated in a conference call that as AI capabilities deepen in their products—whether in video generation, image processing, or audio capabilities—users' habits of utilizing AI are gradually strengthening, leading to a significant increase in demand. The company is optimistic about the explosion of the token economy, projecting that by 2025, the number of AI server calls will exceed 1.3 billion, a year-on-year increase of over 140%. Although the growth in token consumption may exert some short-term pressure on gross margins, it simultaneously opens up new avenues for commercial growth. The revenue model centered around token consumption is expected to become an important growth driver. Additionally, the company will optimize the model calling structure with a 'dual-mode drive' strategy, aiming to enhance overall gross margins while ensuring product quality by optimizing unit costs.

Wondershare Technology: Token Consumption-Based Revenue Model Expected to Become Key Growth Driver

On April 29, Visa approved a new stock buyback plan valued at $20 billion. (Dongxin News Agency)

[Visa Approves New $20 Billion Stock Buyback Plan]On April 29, Visa approved a new stock buyback plan valued at $20 billion. (Dongxin News Agency)

Visa Approves New $20 Billion Stock Buyback Plan

On April 29, JPMorgan announced the appointment of former Goldman Sachs executive Oliver Harris to lead its blockchain division, Kinexys. Harris will focus on the commercialization of Kinexys applications and strengthening collaborations with institutional clients. He previously served as CEO of ArdaGlobal, Managing Director of Goldman Sachs' Americas Digital Assets division, and worked at JPMorgan for six years, where he led the development of the Quorum blockchain platform. The Kinexys blockchain payment network was launched in 2019 and processed $5 billion in transactions daily as of December last year. In November, JPMorgan began offering the deposit token JPMCoin to institutional clients, enabling fund transfers through the Base blockchain.

[JPMorgan Appoints Former Goldman Sachs Executive Oliver Harris to Lead Blockchain Division Kinexys]On April 29, JPMorgan announced the appointment of former Goldman Sachs executive Oliver Harris to lead its blockchain division, Kinexys. Harris will focus on the commercialization of Kinexys applications and strengthening collaborations with institutional clients. He previously served as CEO of ArdaGlobal, Managing Director of Goldman Sachs' Americas Digital Assets division, and worked at JPMorgan for six years, where he led the development of the Quorum blockchain platform. The Kinexys blockchain payment network was launched in 2019 and processed $5 billion in transactions daily as of December last year. In November, JPMorgan began offering the deposit token JPMCoin to institutional clients, enabling fund transfers through the Base blockchain.

JPMorgan Appoints Former Goldman Sachs Executive Oliver Harris to Lead Blockchain Division Kinexys

On April 29, WTI and Brent crude oil prices experienced a short-term increase, currently reported at $101.7 per barrel and $104.14 per barrel, respectively. (Jin Shi)

[Short-term Surge in WTI and Brent Crude Oil Prices]On April 29, WTI and Brent crude oil prices experienced a short-term increase, currently reported at $101.7 per barrel and $104.14 per barrel, respectively. (Jin Shi)

Short-term Surge in WTI and Brent Crude Oil Prices

On April 29, the uncertainty surrounding the economic outlook and changes in central bank leadership cast a shadow over this week's Federal Reserve meeting, with officials expected to maintain interest rates on Wednesday. The war in Iran has led to soaring energy prices and disrupted supply chains, increasing the likelihood of rising inflation and slowing economic growth, prompting decision-makers to signal a current inclination towards a wait-and-see approach. The Federal Open Market Committee (FOMC) is expected to keep the target range for the federal funds rate unchanged at 3.5%-3.75% for the third consecutive meeting. Investors will look for clues during what is likely Jerome Powell's final press conference as Fed Chair, to gauge how long the Fed intends to maintain this patient stance. However, perhaps of greater interest to the public will be Powell's comments regarding his future at the Fed. Powell has suggested that he may continue to serve as a member of the Board of Governors after his term as Chair expires on May 15. Officials will release a statement following the press conference at 2 PM local time in Washington, with Powell's press conference scheduled to occur 30 minutes later. Fed observers expect that this policy statement will not differ significantly from March, but may include a few adjustments. For instance, officials may revise their description of the labor market to reflect recent data showing that while hiring numbers are low, the labor market has stabilized.

[Fed Expected to Hold Steady, Powell's Future in Focus]On April 29, the uncertainty surrounding the economic outlook and changes in central bank leadership cast a shadow over this week's Federal Reserve meeting, with officials expected to maintain interest rates on Wednesday. The war in Iran has led to soaring energy prices and disrupted supply chains, increasing the likelihood of rising inflation and slowing economic growth, prompting decision-makers to signal a current inclination towards a wait-and-see approach. The Federal Open Market Committee (FOMC) is expected to keep the target range for the federal funds rate unchanged at 3.5%-3.75% for the third consecutive meeting. Investors will look for clues during what is likely Jerome Powell's final press conference as Fed Chair, to gauge how long the Fed intends to maintain this patient stance. However, perhaps of greater interest to the public will be Powell's comments regarding his future at the Fed. Powell has suggested that he may continue to serve as a member of the Board of Governors after his term as Chair expires on May 15. Officials will release a statement following the press conference at 2 PM local time in Washington, with Powell's press conference scheduled to occur 30 minutes later. Fed observers expect that this policy statement will not differ significantly from March, but may include a few adjustments. For instance, officials may revise their description of the labor market to reflect recent data showing that while hiring numbers are low, the labor market has stabilized.

Fed Expected to Hold Steady, Powell's Future in Focus

On April 28, Iranian Foreign Minister Amir-Abdollahian stated that he met with Russian President Vladimir Putin in Saint Petersburg on the same day, and they had a 'productive' discussion lasting one and a half hours. During his visit to Russia, Amir-Abdollahian posted on social media that the two sides discussed and examined various topics in detail, including bilateral relations between Iran and Russia, regional issues, and the aggressive wars initiated by the United States and Israel. Both sides also proposed many beneficial suggestions for deepening cooperation between the two countries. Currently, the foundation of cooperation between Iran and Russia is solid. Amir-Abdollahian mentioned that Putin expressed admiration for the Iranian people, stating that 'the entire world admires them for resisting the United States.' He thanked the Russian side for their support during 'this unequal and unjust war' and announced that the strategic partnership between the two countries will continue to strengthen under the new circumstances. Russian Foreign Minister Sergey Lavrov also stated that the meeting between Putin and Amir-Abdollahian was 'productive and constructive.' (Xinhua News Agency)

[Iranian Foreign Minister: 'Productive' One and a Half Hour Talk with Putin]On April 28, Iranian Foreign Minister Amir-Abdollahian stated that he met with Russian President Vladimir Putin in Saint Petersburg on the same day, and they had a 'productive' discussion lasting one and a half hours. During his visit to Russia, Amir-Abdollahian posted on social media that the two sides discussed and examined various topics in detail, including bilateral relations between Iran and Russia, regional issues, and the aggressive wars initiated by the United States and Israel. Both sides also proposed many beneficial suggestions for deepening cooperation between the two countries. Currently, the foundation of cooperation between Iran and Russia is solid. Amir-Abdollahian mentioned that Putin expressed admiration for the Iranian people, stating that 'the entire world admires them for resisting the United States.' He thanked the Russian side for their support during 'this unequal and unjust war' and announced that the strategic partnership between the two countries will continue to strengthen under the new circumstances. Russian Foreign Minister Sergey Lavrov also stated that the meeting between Putin and Amir-Abdollahian was 'productive and constructive.' (Xinhua News Agency)

Iranian Foreign Minister: 'Productive' One and a Half Hour Talk with Putin

Crypto Trader's Account: Friends Are Leaving, What's Left to Do in This Industry?

Ethereum's Meme Season Is Back

Exploring Bitcoin Valuation in 2026 from Macro and On-Chain Structural Perspectives

Iran Opens Fire on an Oil Tanker That Paid Bitcoin Transit Fees to Scammers

The Bitcoin Vector #52

The Altcoin Vector #51

Warsh Hearing Concludes: What Are the Notable Signals for the Crypto Industry?

Clarity Act Reaches Critical Juncture: The U.S. Crypto Regulatory Crossroads

Exchange Exposure Could Push Ozak AI’s Daily Volume Beyond $500 Million Within the First Trading Month

Liquidity Forecasts Show Ozak AI Reaching a $1.5 Billion Fully Diluted Valuation Soon After Launch

Article

Core Scientific Bets on AI: Transforming 300MW Bitcoin Mine into AI Data Center with Expansion Goal of 1.5GW

Iranian Foreign Minister: 'Productive' One and a Half Hour Talk with Putin

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

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