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On April 8, U.S. tech stocks saw a significant pre-market surge. ASML rose over 6%, while Tesla and TSMC increased by more than 5%. Meta and Oracle gained over 4%, and Microsoft and Nvidia climbed over 3%.

[U.S. Tech Stocks Surge Pre-Market, ASML Rises Over 6%]On April 8, U.S. tech stocks saw a significant pre-market surge. ASML rose over 6%, while Tesla and TSMC increased by more than 5%. Meta and Oracle gained over 4%, and Microsoft and Nvidia climbed over 3%.

U.S. Tech Stocks Surge Pre-Market, ASML Rises Over 6%

On April 8, in response to widespread concerns about whether the Strait of Hormuz will impose fees, Iran's Ambassador to China, Fazli, stated in Beijing that Iran has not yet established an official charging scheme or standards. Iran will make decisions based on the current toll standards of other waterways around the world and international law.

[Iran's Ambassador to China: No Official Charging Scheme for the Strait of Hormuz Yet]On April 8, in response to widespread concerns about whether the Strait of Hormuz will impose fees, Iran's Ambassador to China, Fazli, stated in Beijing that Iran has not yet established an official charging scheme or standards. Iran will make decisions based on the current toll standards of other waterways around the world and international law.

Iran's Ambassador to China: No Official Charging Scheme for the Strait of Hormuz Yet

On April 8 local time, Ali Nikzad, the Deputy Speaker of the Iranian Islamic Parliament, stated that if the US does not accept Iran's proposed ten-point ceasefire terms, the Supreme Leader of Iran will not approve the signing of a ceasefire agreement. Nikzad also mentioned that the Strait of Hormuz will not return to its previous state. On the same day, an informed source indicated that Iran's 'ten-point plan' has been accepted as the basis for the ceasefire agreement. The source emphasized that Iran had previously rejected the US's proposed 'fifteen-point plan' and made it clear that any ceasefire must be contingent upon the US accepting Iran's proposed recommendations, with President Trump needing to formally agree to this. Earlier, Pakistani Prime Minister Shehbaz confirmed that Iran and the US, along with their respective allies, agreed to an immediate ceasefire at all locations, including Lebanon and other regions, effective immediately. He invited delegations from both Iran and the US to further negotiate in Islamabad on the 10th to reach a final agreement to resolve all disputes. (CCTV News)

[Iranian Official: Supreme Leader Will Not Approve Ceasefire if US Rejects Ten-Point Plan]On April 8 local time, Ali Nikzad, the Deputy Speaker of the Iranian Islamic Parliament, stated that if the US does not accept Iran's proposed ten-point ceasefire terms, the Supreme Leader of Iran will not approve the signing of a ceasefire agreement. Nikzad also mentioned that the Strait of Hormuz will not return to its previous state. On the same day, an informed source indicated that Iran's 'ten-point plan' has been accepted as the basis for the ceasefire agreement. The source emphasized that Iran had previously rejected the US's proposed 'fifteen-point plan' and made it clear that any ceasefire must be contingent upon the US accepting Iran's proposed recommendations, with President Trump needing to formally agree to this. Earlier, Pakistani Prime Minister Shehbaz confirmed that Iran and the US, along with their respective allies, agreed to an immediate ceasefire at all locations, including Lebanon and other regions, effective immediately. He invited delegations from both Iran and the US to further negotiate in Islamabad on the 10th to reach a final agreement to resolve all disputes. (CCTV News)

Iranian Official: Supreme Leader Will Not Approve Ceasefire if US Rejects Ten-Point Plan

According to monitoring by 1M AI News, Elon Musk, founder of SpaceX and xAI, posted on X that the SpaceXAI supercomputing cluster Colossus 2 is currently training 7 models simultaneously: 1. Imagine V2, the next generation of image and video generation models; 2. Two variants of a 1 trillion parameter model; 3. Two variants of a 1.5 trillion parameter model; 4. A 6 trillion parameter model; 5. A 10 trillion parameter model. He added, "Some catching up to do." Previously, several media outlets reported that xAI's next-generation flagship model Grok has a parameter scale of about 6 trillion, which aligns with the 6T listed. The 10 trillion parameter model has not been publicly reported before. In his post, Musk referred to the merged entity as "SpaceXAI." The two companies completed their merger in February of this year, with a post-merger valuation of approximately $1.25 trillion. Colossus 2 was launched on January 17 and is the world's first gigawatt-level AI training cluster, with plans to upgrade to 1.5GW this month.

[Musk Claims Colossus 2 is Training 7 Models Simultaneously, with a Maximum of 10 Trillion Parameters]According to monitoring by 1M AI News, Elon Musk, founder of SpaceX and xAI, posted on X that the SpaceXAI supercomputing cluster Colossus 2 is currently training 7 models simultaneously: 1. Imagine V2, the next generation of image and video generation models; 2. Two variants of a 1 trillion parameter model; 3. Two variants of a 1.5 trillion parameter model; 4. A 6 trillion parameter model; 5. A 10 trillion parameter model. He added, "Some catching up to do." Previously, several media outlets reported that xAI's next-generation flagship model Grok has a parameter scale of about 6 trillion, which aligns with the 6T listed. The 10 trillion parameter model has not been publicly reported before. In his post, Musk referred to the merged entity as "SpaceXAI." The two companies completed their merger in February of this year, with a post-merger valuation of approximately $1.25 trillion. Colossus 2 was launched on January 17 and is the world's first gigawatt-level AI training cluster, with plans to upgrade to 1.5GW this month.

Musk Claims Colossus 2 is Training 7 Models Simultaneously, with a Maximum of 10 Trillion Parameters

On April 8, the S&P 500 E-mini futures rose by 2.5%, the Nasdaq 100 futures increased by 3.2%, and the Dow Jones futures climbed by 2.3%. (Jin Shi)

[US Stock Index Futures Rise Sharply Amid US-Iran Ceasefire]On April 8, the S&P 500 E-mini futures rose by 2.5%, the Nasdaq 100 futures increased by 3.2%, and the Dow Jones futures climbed by 2.3%. (Jin Shi)

US Stock Index Futures Rise Sharply Amid US-Iran Ceasefire

On April 8, the S&P 500 E-mini futures rose by 2.5%, the Nasdaq 100 futures increased by 3.2%, and the Dow Jones futures climbed by 2.3%.

[U.S. Stock Index Futures Rise Amid U.S.-Iran Ceasefire Impact]On April 8, the S&P 500 E-mini futures rose by 2.5%, the Nasdaq 100 futures increased by 3.2%, and the Dow Jones futures climbed by 2.3%.

U.S. Stock Index Futures Rise Amid U.S.-Iran Ceasefire Impact

On April 8, according to CCTV News, the Supreme National Security Council of Iran congratulated the Iranian people on their victory in a statement made on April 8 local time. The statement claimed that the United States has committed in principle to fulfill the following obligations: · Guarantee no further military actions; · Acknowledge Iran's continued control over the Strait of Hormuz; · Accept Iran's uranium enrichment activities; · Lift all first and second-level sanctions; · Terminate all relevant resolutions of the United Nations Security Council and the International Atomic Energy Agency; · Compensate for damages caused to Iran; · Withdraw US combat forces from the region; · Cease all military operations on all fronts.

[CCTV News: Iran Declares Victory, US Makes Concessions on All Negotiation Conflicts]On April 8, according to CCTV News, the Supreme National Security Council of Iran congratulated the Iranian people on their victory in a statement made on April 8 local time. The statement claimed that the United States has committed in principle to fulfill the following obligations: · Guarantee no further military actions; · Acknowledge Iran's continued control over the Strait of Hormuz; · Accept Iran's uranium enrichment activities; · Lift all first and second-level sanctions; · Terminate all relevant resolutions of the United Nations Security Council and the International Atomic Energy Agency; · Compensate for damages caused to Iran; · Withdraw US combat forces from the region; · Cease all military operations on all fronts.

CCTV News: Iran Declares Victory, US Makes Concessions on All Negotiation Conflicts

On April 8, according to News1, the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) of South Korea announced that they will officially implement the 'Enhanced Withdrawal Delay System' in collaboration with the Digital Asset Exchange Association (DAXA) and various virtual asset exchanges. The authorities have strengthened the criteria for exceptions to withdrawal delays and established a unified internal standard. In the future, factors such as the number of transactions, transaction duration, and deposit and withdrawal amounts must be considered. This system aims to prevent the outflow of illicit funds from telecom fraud by restricting certain groups, such as new users, from withdrawing virtual assets for a specified period. Previously, the lack of uniform standards across exchanges created vulnerabilities that criminals exploited. Statistics show that from June to September last year, 59% of fraudulent accounts at virtual asset exchanges were classified as 'exception accounts' subject to withdrawal delays.

[South Korea Implements Enhanced Virtual Asset Withdrawal Delay System]On April 8, according to News1, the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS) of South Korea announced that they will officially implement the 'Enhanced Withdrawal Delay System' in collaboration with the Digital Asset Exchange Association (DAXA) and various virtual asset exchanges. The authorities have strengthened the criteria for exceptions to withdrawal delays and established a unified internal standard. In the future, factors such as the number of transactions, transaction duration, and deposit and withdrawal amounts must be considered. This system aims to prevent the outflow of illicit funds from telecom fraud by restricting certain groups, such as new users, from withdrawing virtual assets for a specified period. Previously, the lack of uniform standards across exchanges created vulnerabilities that criminals exploited. Statistics show that from June to September last year, 59% of fraudulent accounts at virtual asset exchanges were classified as 'exception accounts' subject to withdrawal delays.

South Korea Implements Enhanced Virtual Asset Withdrawal Delay System

On April 8, according to data from CryptoQuant, the BTC balance on trading platforms has been continuously declining, with a decrease of approximately 100,000 BTC over the past year. Currently, about 867,000 BTC remains stored on trading platforms. Analysts believe that Bitcoin continues to benefit from holders who are willing to withdraw supply from trading platforms rather than continuously reinvesting it back into the market.

[BTC Balance on CEX Continues to Decline]On April 8, according to data from CryptoQuant, the BTC balance on trading platforms has been continuously declining, with a decrease of approximately 100,000 BTC over the past year. Currently, about 867,000 BTC remains stored on trading platforms. Analysts believe that Bitcoin continues to benefit from holders who are willing to withdraw supply from trading platforms rather than continuously reinvesting it back into the market.

BTC Balance on CEX Continues to Decline

According to LedgerInsights, the Bank of Korea completed the second phase of its retail central bank digital currency (CBDC) simulations in late June and today shared the results. While it was happy with some aspects of its digital won simulations, such as using CBDC for offline payments and cross border remittances, the central bank highlighted performance issues with the blockchain technology.
Specifically, it found the overall performance of the Ethereum-based blockchain insufficient, including the scaling solutions and privacy technology that was tested.
“There will be some limitations in real-time processing of transactions during peak times”, said the Bank of Korea.
One of its tests simulated peak demand by sustaining 4,200 transactions per second (TPS) for 30 minutes. At that activity level, users sometimes had to wait up to a minute for a response (latency).

Detail

【Bank of Korea finds performance issues with CBDC blockchain tech】According to LedgerInsights, the Bank of Korea completed the second phase of its retail central bank digital currency (CBDC) simulations in late June and today shared the results. While it was happy with some aspects of its digital won simulations, such as using CBDC for offline payments and cross border remittances, the central bank highlighted performance issues with the blockchain technology.
Specifically, it found the overall performance of the Ethereum-based blockchain insufficient, including the scaling solutions and privacy technology that was tested.
“There will be some limitations in real-time processing of transactions during peak times”, said the Bank of Korea.
One of its tests simulated peak demand by sustaining 4,200 transactions per second (TPS) for 30 minutes. At that activity level, users sometimes had to wait up to a minute for a response (latency).

Bank of Korea finds performance issues with CBDC blockchain tech

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Bank of Korea finds performance issues with CBDC blockchain tech

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