7*24

Hot topic

Market

Activities

On May 14, Tencent Cloud officially announced the open sourcing of TencentDB Agent Memory, which provides short-term memory compression and long-term personalized memory capabilities for Agent long-task scenarios. According to the introduction, TencentDB Agent Memory utilizes the technology of 'Context Offloading + Mermaid Task Canvas' to offload complete information to external storage while retaining key states and execution paths in a structured task graph. This allows the Agent to maintain a lightweight context during long tasks, while also supporting the layered tracing and recovery of original information. In experiments with continuous multi-task sessions, this solution achieved a maximum reduction of 61% in token consumption, while also improving the success rate of tasks in long-task scenarios.

[Tencent Open Sources Agent Memory, Reducing Token Consumption by Up to 61%]On May 14, Tencent Cloud officially announced the open sourcing of TencentDB Agent Memory, which provides short-term memory compression and long-term personalized memory capabilities for Agent long-task scenarios. According to the introduction, TencentDB Agent Memory utilizes the technology of 'Context Offloading + Mermaid Task Canvas' to offload complete information to external storage while retaining key states and execution paths in a structured task graph. This allows the Agent to maintain a lightweight context during long tasks, while also supporting the layered tracing and recovery of original information. In experiments with continuous multi-task sessions, this solution achieved a maximum reduction of 61% in token consumption, while also improving the success rate of tasks in long-task scenarios.

Tencent Open Sources Agent Memory, Reducing Token Consumption by Up to 61%

According to monitoring by Beating, three key technical personnel directly involved in the construction of the Grok model at xAI announced their departures over the past week. Unlike the previous exits of co-founders and executives, these three individuals were the actual heads of the core product lines of search post-training, pre-training, and voice. Their collective departure will directly impact the iterative capabilities of the next generation of Grok models. Tianyi Zhang confirmed his departure today on X. He was the head of the search and factual post-training team and had previously served as a machine learning engineering manager at Apple for five years. He led the team to reduce the factual error rate of Grok's real-time model by 70% to 80%, helping Grok 4.20 achieve the top position in the Search Arena blind test upon its launch. This search capability is currently integrated into Tesla's in-car system. Juntang Zhuang announced on May 9 that he had left earlier this year. He was deeply involved in pre-training since Grok 2 and later became the head of the pre-training team, overseeing the training infrastructure and core formulas for the entire Grok 4 series of models. Before joining xAI, he worked at OpenAI for two years and was a core contributor to GPT-4o and the inventor of the GPT-4 Turbo 128k long-context algorithm. David Haxton confirmed his departure on May 10; he had built Grok's voice agent, real-time thinking voice, and voice cloning features from scratch. Under his leadership, Grok Voice currently ranks first in the τ-Voice benchmark tests by Sierra AI, ahead of OpenAI and Google. The timing of these departures is particularly striking. The publicly available Grok 4.3 is still just an intermediate version with 0.5T parameters. Musk stated on April 18 that the true 1T flagship was 'about 5 days away from completing initial training,' and the next day clarified that Grok 4.4 would be 1T, expected to be released in early May, while Grok 4.5 would be 1.5T, aiming for delivery by the end of May, claiming that the model factory was operational, with a new foundational model expected to be released every two weeks thereafter. Now, in mid-May, Grok 4.4 has yet to appear, while the core personnel responsible for creating these models are rapidly leaving. xAI is experiencing a systemic talent collapse from co-founders to the core model team.

[Elon Musk Promises New Grok Release Every Two Weeks, But Key Model Developers Depart Within a Week]According to monitoring by Beating, three key technical personnel directly involved in the construction of the Grok model at xAI announced their departures over the past week. Unlike the previous exits of co-founders and executives, these three individuals were the actual heads of the core product lines of search post-training, pre-training, and voice. Their collective departure will directly impact the iterative capabilities of the next generation of Grok models. Tianyi Zhang confirmed his departure today on X. He was the head of the search and factual post-training team and had previously served as a machine learning engineering manager at Apple for five years. He led the team to reduce the factual error rate of Grok's real-time model by 70% to 80%, helping Grok 4.20 achieve the top position in the Search Arena blind test upon its launch. This search capability is currently integrated into Tesla's in-car system. Juntang Zhuang announced on May 9 that he had left earlier this year. He was deeply involved in pre-training since Grok 2 and later became the head of the pre-training team, overseeing the training infrastructure and core formulas for the entire Grok 4 series of models. Before joining xAI, he worked at OpenAI for two years and was a core contributor to GPT-4o and the inventor of the GPT-4 Turbo 128k long-context algorithm. David Haxton confirmed his departure on May 10; he had built Grok's voice agent, real-time thinking voice, and voice cloning features from scratch. Under his leadership, Grok Voice currently ranks first in the τ-Voice benchmark tests by Sierra AI, ahead of OpenAI and Google. The timing of these departures is particularly striking. The publicly available Grok 4.3 is still just an intermediate version with 0.5T parameters. Musk stated on April 18 that the true 1T flagship was 'about 5 days away from completing initial training,' and the next day clarified that Grok 4.4 would be 1T, expected to be released in early May, while Grok 4.5 would be 1.5T, aiming for delivery by the end of May, claiming that the model factory was operational, with a new foundational model expected to be released every two weeks thereafter. Now, in mid-May, Grok 4.4 has yet to appear, while the core personnel responsible for creating these models are rapidly leaving. xAI is experiencing a systemic talent collapse from co-founders to the core model team.

Elon Musk Promises New Grok Release Every Two Weeks, But Key Model Developers Depart Within a Week

UP fluctuated by 74.67% within 24 hours, current price $0.186989

【UP24-hour fluctuation exceeds 50%!】UP fluctuated by 74.67% within 24 hours, current price $0.186989

UP24-hour fluctuation exceeds 50%!

On May 14, Fractal Bitcoin announced the official launch of the first phase of public testing for its standardized data indexing service based on the FIP-101 proposal. Following the start of the public test, users can participate in index mining through non-custodial staking and receive corresponding rewards based on their staking shares. As of now, the total amount staked in the public test has exceeded 1.5 million FB. FIP-101 represents a significant upgrade for Fractal's data infrastructure layer. This proposal aims to introduce an open-source, permissionless, standardized data indexing service to the Fractal ecosystem and integrate the indexing service into the Fractal block reward system, transforming the indexing infrastructure from a purely external service into a component of the network incentive structure.

[Fractal Bitcoin Launches Public Test for FIP-101, Index Mining and Non-Custodial Staking Now Open]On May 14, Fractal Bitcoin announced the official launch of the first phase of public testing for its standardized data indexing service based on the FIP-101 proposal. Following the start of the public test, users can participate in index mining through non-custodial staking and receive corresponding rewards based on their staking shares. As of now, the total amount staked in the public test has exceeded 1.5 million FB. FIP-101 represents a significant upgrade for Fractal's data infrastructure layer. This proposal aims to introduce an open-source, permissionless, standardized data indexing service to the Fractal ecosystem and integrate the indexing service into the Fractal block reward system, transforming the indexing infrastructure from a purely external service into a component of the network incentive structure.

Fractal Bitcoin Launches Public Test for FIP-101, Index Mining and Non-Custodial Staking Now Open

On May 14, Ripple's Chief Legal Officer Stuart Alderoty stated before the Senate Banking Committee's review of the CLARITY Act that currently, 67 million Americans hold cryptocurrency, and each senator on the committee represents these holders. These holders are millions of ordinary Americans: construction workers, retirees, small business owners, and parents. They come from various income levels, industries, and states across the U.S. They deserve clear rules. They deserve strong consumer protections. They deserve a regulatory framework that allows responsible innovation to thrive in the United States.

[Ripple's Chief Legal Officer: 67 Million Americans Holding Cryptocurrency Deserve Clear Rules and Regulatory Framework]On May 14, Ripple's Chief Legal Officer Stuart Alderoty stated before the Senate Banking Committee's review of the CLARITY Act that currently, 67 million Americans hold cryptocurrency, and each senator on the committee represents these holders. These holders are millions of ordinary Americans: construction workers, retirees, small business owners, and parents. They come from various income levels, industries, and states across the U.S. They deserve clear rules. They deserve strong consumer protections. They deserve a regulatory framework that allows responsible innovation to thrive in the United States.

Ripple's Chief Legal Officer: 67 Million Americans Holding Cryptocurrency Deserve Clear Rules and Regulatory Framework

On May 14, data from the central bank showed that at the end of April, the broad money supply (M2) reached 353.04 trillion yuan, an increase of 8.6% year-on-year. The narrow money supply (M1) amounted to 114.58 trillion yuan, up 5% year-on-year. The amount of currency in circulation (M0) was 14.75 trillion yuan, marking a year-on-year increase of 12.2%. In the first four months, a net cash injection of 653 billion yuan was made.

[Central Bank: M2 Money Supply Reaches 353.04 Trillion Yuan at End of April, Up 8.6% Year-on-Year]On May 14, data from the central bank showed that at the end of April, the broad money supply (M2) reached 353.04 trillion yuan, an increase of 8.6% year-on-year. The narrow money supply (M1) amounted to 114.58 trillion yuan, up 5% year-on-year. The amount of currency in circulation (M0) was 14.75 trillion yuan, marking a year-on-year increase of 12.2%. In the first four months, a net cash injection of 653 billion yuan was made.

Central Bank: M2 Money Supply Reaches 353.04 Trillion Yuan at End of April, Up 8.6% Year-on-Year

On May 14, according to an official announcement, Huobi HTX officially launched the 2026 Global Creator Recruitment Program, inviting external KOLs, community operators, live streamers, and trading experts to join the Huobi HTX creator ecosystem. The program offers exclusive benefits including a 60% permanent referral commission, 100% live stream rewards return, and a monthly content mining competition. The first 200 creators to successfully join will receive additional double traffic support. Additionally, from May 14, 00:00 to June 14, 24:00 (UTC+8), the platform will also kick off a new creator invitation trading ranking competition with a total prize pool of up to 5,500 USDT. During the event, newly joined creators will be ranked based on the number of valid new users they invite. If the total trading volume of the invited users reaches a specified threshold, they will receive corresponding rewards, with the champion set to win a grand prize of 1,500 USDT.

[Huobi HTX Launches 2026 Global Creator Recruitment Program and New Creator Ranking Competition]On May 14, according to an official announcement, Huobi HTX officially launched the 2026 Global Creator Recruitment Program, inviting external KOLs, community operators, live streamers, and trading experts to join the Huobi HTX creator ecosystem. The program offers exclusive benefits including a 60% permanent referral commission, 100% live stream rewards return, and a monthly content mining competition. The first 200 creators to successfully join will receive additional double traffic support. Additionally, from May 14, 00:00 to June 14, 24:00 (UTC+8), the platform will also kick off a new creator invitation trading ranking competition with a total prize pool of up to 5,500 USDT. During the event, newly joined creators will be ranked based on the number of valid new users they invite. If the total trading volume of the invited users reaches a specified threshold, they will receive corresponding rewards, with the champion set to win a grand prize of 1,500 USDT.

Huobi HTX Launches 2026 Global Creator Recruitment Program and New Creator Ranking Competition

The onshore RMB against the USD officially closed at 6.7862 at 16:30 Beijing time, an increase of 43 points compared to the official closing price of the previous trading day, and an increase of 41 points compared to the closing price of the previous night session.

[Onshore RMB Against USD Officially Closed at 6.7862]The onshore RMB against the USD officially closed at 6.7862 at 16:30 Beijing time, an increase of 43 points compared to the official closing price of the previous trading day, and an increase of 41 points compared to the closing price of the previous night session.

Onshore RMB Against USD Officially Closed at 6.7862

On May 14, according to data from CryptoQuant, the unrealized profit rate for Bitcoin traders has risen to 17.7%, marking the highest level since June 2025.

[Bitcoin Holders' Unrealized Profit Rate Rises to 17.7%, Highest Since June 2025]On May 14, according to data from CryptoQuant, the unrealized profit rate for Bitcoin traders has risen to 17.7%, marking the highest level since June 2025.

Bitcoin Holders' Unrealized Profit Rate Rises to 17.7%, Highest Since June 2025

According to Tech in Asia, a Singapore court report has disclosed that bankrupt crypto lender Hodlnaut has been hiding some documents from the court-appointed Interim Judicial Managers (IJMs). The IJMs at EY Corporate Advisors filed the report, asking the Singapore High Court to compel Hodlnaut founders Zhu Juntao and Simon Lee to present the hidden documents. The IJM accused the Hodlnaut founders Zhu Juntao and Simon Lee and some unnamed employees of being uncooperative. Reportedly, they are obstructing judicial managers from accessing and controlling several vital documents and records. These include over 1,000 files deleted from the Google Workspace since the IJMs were appointed. The documents would have helped the IJMs to understand the financial position of crypto lender Hodlnaut better. There’s also a problem of improper maintenance of accounting and financial records even before the IJM appointments. So far, the court-appointed managers are yet to get accurate information on the crypto lender DeFi positions. The DeFi assets account for most of the Hodlnaut crypto assets and are on several platforms. These include Compound, Aave, Curve, and Convex. The lender assets on centralized exchanges only account for $25.7 million of the estimated $104 million it has. This is far lower than the total liabilities, which stand at $377 million. Hodlnaut is one of the corporate victims of the Terra LUNA UST crash. After disclosing its losses in August, the Monetary Authority of Singapore withdrew the in-principle license that allows the Hodlnaut to offer crypto-lending service.

Detail

【Crypto lender Hodlnaut founders deleted over 1,000 files, shows Singapore court report】According to Tech in Asia, a Singapore court report has disclosed that bankrupt crypto lender Hodlnaut has been hiding some documents from the court-appointed Interim Judicial Managers (IJMs). The IJMs at EY Corporate Advisors filed the report, asking the Singapore High Court to compel Hodlnaut founders Zhu Juntao and Simon Lee to present the hidden documents. The IJM accused the Hodlnaut founders Zhu Juntao and Simon Lee and some unnamed employees of being uncooperative. Reportedly, they are obstructing judicial managers from accessing and controlling several vital documents and records. These include over 1,000 files deleted from the Google Workspace since the IJMs were appointed. The documents would have helped the IJMs to understand the financial position of crypto lender Hodlnaut better. There’s also a problem of improper maintenance of accounting and financial records even before the IJM appointments. So far, the court-appointed managers are yet to get accurate information on the crypto lender DeFi positions. The DeFi assets account for most of the Hodlnaut crypto assets and are on several platforms. These include Compound, Aave, Curve, and Convex. The lender assets on centralized exchanges only account for $25.7 million of the estimated $104 million it has. This is far lower than the total liabilities, which stand at $377 million. Hodlnaut is one of the corporate victims of the Terra LUNA UST crash. After disclosing its losses in August, the Monetary Authority of Singapore withdrew the in-principle license that allows the Hodlnaut to offer crypto-lending service.

Crypto lender Hodlnaut founders deleted over 1,000 files, shows Singapore court report

Article

Pony Ma Responds to Concerns About Tencent's AI Lag: 'We Thought We Were on Board, But Found the Ship Leaking'

Pony Ma Responds to Concerns About Tencent's AI Lag: 'We Thought We Were on the Ship, Only to Find It Leaking'

BTC falls below 79000 USDT

Arm and SoftBank Proposed Acquisition of Cerebras Before IPO but Were Rejected

TRX breaks through 0.35 USDT

FIO's 24-hour volatility exceeds 50%!

Crypto lender Hodlnaut founders deleted over 1,000 files, shows Singapore court report

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

Related Articles

All Comments0LatestHot

Trending Topics

Related Articles