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According to monitoring by Dongcha Beating, utilizing domestically produced Ascend chips to train large models has become a key direction for building autonomous and controllable AI computing power in the evolution of large-scale MoE architectures. However, mainstream large model frameworks are primarily developed based on NVIDIA's CUDA ecosystem, and directly porting them to the Ascend platform often faces challenges such as uneven hardware queue scheduling and low computing power utilization. USTC, Huawei, and Peking University have jointly launched the compilation scheduling framework HyperParallel-MoE, which aims to break through the energy efficiency bottleneck of heterogeneous computing power in parallel scheduling by performing tile-level control tailored to the unique hardware queues of the Ascend A3. The Ascend A3 features two types of cores: AIC for matrix multiplication and AIV for vector computation and communication. However, under traditional operator serial scheduling, the two types of cores can only work alternately, leading to idle time. Actual test data shows that when running a 671B DeepSeek-style large model on a 256-node cluster, the utilization of AIC was only 67%, with 39% of expert routing communication delays exposed in critical computation paths. The core modifications of HyperParallel-MoE include three aspects. First, a single-sided write primitive driven by AIV was designed to trigger computation as soon as data tiles arrive, eliminating the need to wait for the entire batch. Second, a dependency-aware tile task generation was introduced to unify communication and computation operators. Third, a static scheduler pre-generates task sequences to drive the two types of cores in parallel within a single kernel, utilizing high-speed L2 cache to share intermediate results and reduce delays from writing back and reading from slower HBM memory. Testing shows that under a balanced routing of 64 nodes, the delay of the core module responsible for expert computation (MoE-FFN) was reduced by approximately 36%, corresponding to a maximum data processing speed increase of 58% (speeding up from 1.49 to 1.58 times). In end-to-end operation of the entire machine, the single-step training speed also increased by 8% to 9%. This indicates that the actual energy efficiency of Ascend depends not only on hardware specifications but also on whether the compiler and runtime can efficiently schedule the AIC/AIV cores.

[Huawei and USTC Break NVIDIA's Monopoly, Ascend A3 Accelerates Large Model Expert Computation by 58%]According to monitoring by Dongcha Beating, utilizing domestically produced Ascend chips to train large models has become a key direction for building autonomous and controllable AI computing power in the evolution of large-scale MoE architectures. However, mainstream large model frameworks are primarily developed based on NVIDIA's CUDA ecosystem, and directly porting them to the Ascend platform often faces challenges such as uneven hardware queue scheduling and low computing power utilization. USTC, Huawei, and Peking University have jointly launched the compilation scheduling framework HyperParallel-MoE, which aims to break through the energy efficiency bottleneck of heterogeneous computing power in parallel scheduling by performing tile-level control tailored to the unique hardware queues of the Ascend A3. The Ascend A3 features two types of cores: AIC for matrix multiplication and AIV for vector computation and communication. However, under traditional operator serial scheduling, the two types of cores can only work alternately, leading to idle time. Actual test data shows that when running a 671B DeepSeek-style large model on a 256-node cluster, the utilization of AIC was only 67%, with 39% of expert routing communication delays exposed in critical computation paths. The core modifications of HyperParallel-MoE include three aspects. First, a single-sided write primitive driven by AIV was designed to trigger computation as soon as data tiles arrive, eliminating the need to wait for the entire batch. Second, a dependency-aware tile task generation was introduced to unify communication and computation operators. Third, a static scheduler pre-generates task sequences to drive the two types of cores in parallel within a single kernel, utilizing high-speed L2 cache to share intermediate results and reduce delays from writing back and reading from slower HBM memory. Testing shows that under a balanced routing of 64 nodes, the delay of the core module responsible for expert computation (MoE-FFN) was reduced by approximately 36%, corresponding to a maximum data processing speed increase of 58% (speeding up from 1.49 to 1.58 times). In end-to-end operation of the entire machine, the single-step training speed also increased by 8% to 9%. This indicates that the actual energy efficiency of Ascend depends not only on hardware specifications but also on whether the compiler and runtime can efficiently schedule the AIC/AIV cores.

Huawei and USTC Break NVIDIA's Monopoly, Ascend A3 Accelerates Large Model Expert Computation by 58%

On May 25, according to monitoring by Arkham, Bhutan recently transferred 90 bitcoins (approximately $7 million) to a Segwit address, which may indicate that it is transferring bitcoins to other entities or selling them. Since the beginning of this year, Bhutan has transferred a total of $237.39 million in bitcoin from its wallet to Segwit addresses. Currently, Bhutan still holds approximately $233.18 million in bitcoin.

[Bhutan Transfers $237 Million in Bitcoin This Year]On May 25, according to monitoring by Arkham, Bhutan recently transferred 90 bitcoins (approximately $7 million) to a Segwit address, which may indicate that it is transferring bitcoins to other entities or selling them. Since the beginning of this year, Bhutan has transferred a total of $237.39 million in bitcoin from its wallet to Segwit addresses. Currently, Bhutan still holds approximately $233.18 million in bitcoin.

Bhutan Transfers $237 Million in Bitcoin This Year

[Bhutan Transfers $2.37 Billion in Bitcoin This Year, Recently Moves 90 BTC to Segwit Address]On May 25, according to monitoring by Arkham, Bhutan recently transferred 90 bitcoins (approximately $7 million) to a Segwit address, which may indicate that it is transferring bitcoins to other entities or selling them. Since the beginning of this year, Bhutan has transferred a total of $237.39 million in bitcoin from its wallet to Segwit addresses. Currently, Bhutan still holds approximately $233.18 million in bitcoin.

Bhutan Transfers $2.37 Billion in Bitcoin This Year, Recently Moves 90 BTC to Segwit Address

On May 25, BlackRock stated that under the leadership of new Fed Chair Waller, there may be sufficient reasons to support a rate cut rather than a rate hike. Navin Saigal, head of BlackRock's Global Fixed Income business in Asia-Pacific, responded to questions about the likelihood of rate hikes during Waller's tenure, saying, "If I had to choose between a rate hike and a rate cut, I believe there are actually sufficient factors to support a rate cut." He added, "Looking ahead, the labor market will face some pressure, which may indicate that the Fed will either hold steady or cut rates." Saigal's comments contrast with the general expectations of bond investors, who are betting that Waller will prioritize maintaining the Fed's credibility in fighting inflation over accommodating President Trump's calls for lower interest rates. Current pricing shows that the market is almost certain the Fed will raise rates before December.

[BlackRock Analyst: Fed Likely to Support a Rate Cut Under Waller's Leadership]On May 25, BlackRock stated that under the leadership of new Fed Chair Waller, there may be sufficient reasons to support a rate cut rather than a rate hike. Navin Saigal, head of BlackRock's Global Fixed Income business in Asia-Pacific, responded to questions about the likelihood of rate hikes during Waller's tenure, saying, "If I had to choose between a rate hike and a rate cut, I believe there are actually sufficient factors to support a rate cut." He added, "Looking ahead, the labor market will face some pressure, which may indicate that the Fed will either hold steady or cut rates." Saigal's comments contrast with the general expectations of bond investors, who are betting that Waller will prioritize maintaining the Fed's credibility in fighting inflation over accommodating President Trump's calls for lower interest rates. Current pricing shows that the market is almost certain the Fed will raise rates before December.

BlackRock Analyst: Fed Likely to Support a Rate Cut Under Waller's Leadership

On May 25, Trump publicly praised Micron at a large rally in Suffern, New York on May 22, stating, "Big company Micron, boy, Micron is great." According to market fund flow tracking account Capital Flow, on the afternoon of May 22, several traders concentrated on buying deep out-of-the-money (OTM) call options for Micron, with strike prices ranging from $750 to $1400, and expiration dates focused on January 15, 2027 (237 days to expiration) and July 17, 2026 (55 days to expiration). On that day, there were at least nine large call option buy orders between noon and afternoon, with seven of them concentrated between 1:19 PM and 1:53 PM. The most aggressive order was for a contract with a strike price of $1400 expiring in January 2027, with a premium of $1.4136 million. For this trade to be profitable, Micron would need to rise nearly 90% from around $745 within less than eight months. This is not the first time Trump has engaged in similar actions; in March, documents revealed that Trump purchased between $25,000 and $50,000 worth of Micron stock on March 25, and the next day he praised Micron on Fox News. Subsequently, the Trump Organization explained that Trump's account is managed by a third-party financial institution, and he does not participate in specific investment decisions.

[Trump Publicly Praises Micron, Speculation of Aggressive Call Option Purchases]On May 25, Trump publicly praised Micron at a large rally in Suffern, New York on May 22, stating, "Big company Micron, boy, Micron is great." According to market fund flow tracking account Capital Flow, on the afternoon of May 22, several traders concentrated on buying deep out-of-the-money (OTM) call options for Micron, with strike prices ranging from $750 to $1400, and expiration dates focused on January 15, 2027 (237 days to expiration) and July 17, 2026 (55 days to expiration). On that day, there were at least nine large call option buy orders between noon and afternoon, with seven of them concentrated between 1:19 PM and 1:53 PM. The most aggressive order was for a contract with a strike price of $1400 expiring in January 2027, with a premium of $1.4136 million. For this trade to be profitable, Micron would need to rise nearly 90% from around $745 within less than eight months. This is not the first time Trump has engaged in similar actions; in March, documents revealed that Trump purchased between $25,000 and $50,000 worth of Micron stock on March 25, and the next day he praised Micron on Fox News. Subsequently, the Trump Organization explained that Trump's account is managed by a third-party financial institution, and he does not participate in specific investment decisions.

Trump Publicly Praises Micron, Speculation of Aggressive Call Option Purchases

On May 25, Reuters reported that Indonesia's Ministry of Communication and Information Technology announced the blocking of the prediction market platform Polymarket, classifying it as an online gambling platform. The ministry stated that its activities "involve betting and speculation on uncertain events," which violates Indonesian law. Polymarket had previously launched a betting market regarding when Indonesian President Prabowo Subianto would "step down," which garnered widespread attention on Indonesian social media. Ministry official Alexander Sabar indicated that the government is investigating all social media accounts related to Polymarket.

[Indonesia Blocks Polymarket Over Online Gambling Violations]On May 25, Reuters reported that Indonesia's Ministry of Communication and Information Technology announced the blocking of the prediction market platform Polymarket, classifying it as an online gambling platform. The ministry stated that its activities "involve betting and speculation on uncertain events," which violates Indonesian law. Polymarket had previously launched a betting market regarding when Indonesian President Prabowo Subianto would "step down," which garnered widespread attention on Indonesian social media. Ministry official Alexander Sabar indicated that the government is investigating all social media accounts related to Polymarket.

Indonesia Blocks Polymarket Over Online Gambling Violations

On May 25, BlackRock stated that under the leadership of new Fed Chair Waller, there may be sufficient reasons for the Federal Reserve to support a rate cut rather than a rate hike. Navin Saigal, head of BlackRock's Global Fixed Income business in Asia Pacific, responded to questions about the likelihood of rate hikes during Waller's tenure, saying, "If I had to choose between a rate hike and a rate cut, I believe there are actually sufficient factors to support a rate cut." He added, "Looking ahead, the labor market will face certain pressures, which may indicate that the Fed will either hold steady or cut rates." Saigal's comments contrast with the general expectations of bond investors, who are betting that Waller will prioritize maintaining the Fed's credibility in combating inflation over accommodating President Trump's calls for lower interest rates. Current pricing indicates that the market is almost certain the Fed will raise rates before December. (Jin Shi)

[BlackRock Analyst: Fed Under Waller May Support a Rate Cut]On May 25, BlackRock stated that under the leadership of new Fed Chair Waller, there may be sufficient reasons for the Federal Reserve to support a rate cut rather than a rate hike. Navin Saigal, head of BlackRock's Global Fixed Income business in Asia Pacific, responded to questions about the likelihood of rate hikes during Waller's tenure, saying, "If I had to choose between a rate hike and a rate cut, I believe there are actually sufficient factors to support a rate cut." He added, "Looking ahead, the labor market will face certain pressures, which may indicate that the Fed will either hold steady or cut rates." Saigal's comments contrast with the general expectations of bond investors, who are betting that Waller will prioritize maintaining the Fed's credibility in combating inflation over accommodating President Trump's calls for lower interest rates. Current pricing indicates that the market is almost certain the Fed will raise rates before December. (Jin Shi)

BlackRock Analyst: Fed Under Waller May Support a Rate Cut

On May 25, Whale Alert reported that an Ethereum pre-mined address dormant for approximately 10.8 years was activated, transferring out about 1 ETH. Initially, the address held around 2,000 ETH. The current market value of the assets in this address is approximately $4.23 million, compared to about $620 in 2015.

[Ethereum Pre-Mined Address Dormant for 10.8 Years Activated]On May 25, Whale Alert reported that an Ethereum pre-mined address dormant for approximately 10.8 years was activated, transferring out about 1 ETH. Initially, the address held around 2,000 ETH. The current market value of the assets in this address is approximately $4.23 million, compared to about $620 in 2015.

Ethereum Pre-Mined Address Dormant for 10.8 Years Activated

On May 25, according to an official announcement, Huobi HTX has launched BMNR/USDT and ARM/USDT perpetual contracts, with a maximum leverage of 10 times. Additionally, from May 25, 15:00 to June 1, 15:00 (UTC+8), Huobi HTX is hosting a trading party for BMNR and ARM contracts, with a total prize pool of up to 20,000 USDT. During the event, users who register and participate in BMNR/USDT and ARM/USDT contract trading with a cumulative valid trading volume of ≥1,000 USDT will be eligible to share the prize pool based on their trading volume ranking. New users trading BMNR/USDT and ARM/USDT contracts will also receive exclusive benefits. For more details, please follow the official announcements.

[Huobi HTX Launches BMNR and ARM Perpetual Contracts and Starts Trading Party]On May 25, according to an official announcement, Huobi HTX has launched BMNR/USDT and ARM/USDT perpetual contracts, with a maximum leverage of 10 times. Additionally, from May 25, 15:00 to June 1, 15:00 (UTC+8), Huobi HTX is hosting a trading party for BMNR and ARM contracts, with a total prize pool of up to 20,000 USDT. During the event, users who register and participate in BMNR/USDT and ARM/USDT contract trading with a cumulative valid trading volume of ≥1,000 USDT will be eligible to share the prize pool based on their trading volume ranking. New users trading BMNR/USDT and ARM/USDT contracts will also receive exclusive benefits. For more details, please follow the official announcements.

Huobi HTX Launches BMNR and ARM Perpetual Contracts and Starts Trading Party

According to Forkast, Umar Farooq, Chief Executive Officer of JPMorgan’s blockchain unit, said at the Monetary Authority of Singapore’s Green Shoots seminar on Monday that excluding a few dozen tokens, most cryptocurrencies are bound to “go away”. The financial industry has been slow in catching up with tokenized deposits because regulation has not caught up and there are not many use cases, Farooq claimed, adding most of the capital in the Web3 ecosystem is for speculative activities. The bank’s blockchain lead said regulatory conditions need to clarify risks involved in large transactions in tokenized deposits.

Detail

【Most crypto will “go away”, JPMorgan’s blockchain lead claims】According to Forkast, Umar Farooq, Chief Executive Officer of JPMorgan’s blockchain unit, said at the Monetary Authority of Singapore’s Green Shoots seminar on Monday that excluding a few dozen tokens, most cryptocurrencies are bound to “go away”. The financial industry has been slow in catching up with tokenized deposits because regulation has not caught up and there are not many use cases, Farooq claimed, adding most of the capital in the Web3 ecosystem is for speculative activities. The bank’s blockchain lead said regulatory conditions need to clarify risks involved in large transactions in tokenized deposits.

Most crypto will “go away”, JPMorgan’s blockchain lead claims

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zest currently trades at 0.183708 USDT, up 20.27% in 24h, according to HTX market data.

bill currently trades at 0.10894 USDT, up 15.61% in 24h, according to HTX market data.

Most crypto will “go away”, JPMorgan’s blockchain lead claims

Clause de non-responsabilité：Le contenu ci-dessus ne représente pas les positions de HTX.，HTX ne fournit pas de recommandations de trading.。

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