7*24

Hot topic

Market

Activities

On April 5, Bloomberg reported that Indian AI startup Sarvam AI is nearing the completion of a funding round between $300 million and $350 million, aimed at building a local artificial intelligence company to compete with industry leaders. According to insiders, the company's valuation for this round is approximately $1.5 billion to $1.55 billion, with completion expected as early as next week. Bessemer Venture Partners is likely to lead the investment, with participation from Nvidia, Amazon, and Prosperity7 Ventures. Due to the confidential nature of the discussions, these individuals requested anonymity. Sarvam AI was founded in 2023 by AI researchers Vivek Raghavan and Pratyush Kumar. The company's model primarily operates through voice commands and supports 22 Indian languages. They believe this will create a significant competitive advantage in India, which has a population of 1.45 billion, as the vast majority of people are unable to read, write, or input in English. Their goal is to challenge companies like OpenAI and Alphabet Inc., whose models often perform poorly when handling Indian languages.

[Indian AI Startup Sarvam AI Nears $300-$350 Million Funding Round]On April 5, Bloomberg reported that Indian AI startup Sarvam AI is nearing the completion of a funding round between $300 million and $350 million, aimed at building a local artificial intelligence company to compete with industry leaders. According to insiders, the company's valuation for this round is approximately $1.5 billion to $1.55 billion, with completion expected as early as next week. Bessemer Venture Partners is likely to lead the investment, with participation from Nvidia, Amazon, and Prosperity7 Ventures. Due to the confidential nature of the discussions, these individuals requested anonymity. Sarvam AI was founded in 2023 by AI researchers Vivek Raghavan and Pratyush Kumar. The company's model primarily operates through voice commands and supports 22 Indian languages. They believe this will create a significant competitive advantage in India, which has a population of 1.45 billion, as the vast majority of people are unable to read, write, or input in English. Their goal is to challenge companies like OpenAI and Alphabet Inc., whose models often perform poorly when handling Indian languages.

Indian AI Startup Sarvam AI Nears $300-$350 Million Funding Round

Nikita Bier, the head of the X product, stated that there is no technology in the world that can completely solve the spam reply issue in cryptocurrency accounts, as 80% of transactions in these accounts are operated by bots. The only solution is to implement a second reply limit.

[X Product Head: The Only Solution to Spam Replies in Crypto Accounts is Second Reply Limit]Nikita Bier, the head of the X product, stated that there is no technology in the world that can completely solve the spam reply issue in cryptocurrency accounts, as 80% of transactions in these accounts are operated by bots. The only solution is to implement a second reply limit.

X Product Head: The Only Solution to Spam Replies in Crypto Accounts is Second Reply Limit

On April 5, according to CCTV International News, the Central Command of the Iranian Armed Forces, Khatam al-Anbiya, announced today (April 5) that in response to actions taken by the United States to rescue its downed pilot, Revolutionary Guard soldiers conducted a joint operation with Basij militia. They successfully hit and destroyed the enemy aircraft in southern Isfahan with the cooperation of law enforcement commandos. The Iranian Islamic Revolutionary Guard Corps also stated that during the US military's pilot rescue mission, the Iranian armed forces carried out a multi-agency joint operation that destroyed the enemy aircraft. This information has not yet been confirmed by the US side. On the same day, the New York Times reported that two US military transport planes became 'stranded' while executing the pilot rescue mission in Iran. The US military subsequently dispatched three new aircraft to continue the rescue operation and destroyed the two malfunctioning transport planes.

[Iran Claims Multi-Agency Operation Strikes Rescuing US Military Aircraft]On April 5, according to CCTV International News, the Central Command of the Iranian Armed Forces, Khatam al-Anbiya, announced today (April 5) that in response to actions taken by the United States to rescue its downed pilot, Revolutionary Guard soldiers conducted a joint operation with Basij militia. They successfully hit and destroyed the enemy aircraft in southern Isfahan with the cooperation of law enforcement commandos. The Iranian Islamic Revolutionary Guard Corps also stated that during the US military's pilot rescue mission, the Iranian armed forces carried out a multi-agency joint operation that destroyed the enemy aircraft. This information has not yet been confirmed by the US side. On the same day, the New York Times reported that two US military transport planes became 'stranded' while executing the pilot rescue mission in Iran. The US military subsequently dispatched three new aircraft to continue the rescue operation and destroyed the two malfunctioning transport planes.

Iran Claims Multi-Agency Operation Strikes Rescuing US Military Aircraft

On April 5, X user Zoomer revealed that Hollywood actor and venture capitalist Ashton Kutcher's fund, Sound Ventures, previously invested $30 million in OpenAI. Based on the latest valuation, this equity is now worth $1.3 billion, achieving a 43-fold return in less than three years. As of May 2023, Kutcher's fund's portfolio includes OpenAI, Stability AI Ltd., and Anthropic. Earlier reports indicated that OpenAI announced on April 1 that it had completed a financing round of $122 billion, with the company's valuation reaching $852 billion.

[Ashton Kutcher's Fund Achieves 43x Return on Investment in OpenAI]On April 5, X user Zoomer revealed that Hollywood actor and venture capitalist Ashton Kutcher's fund, Sound Ventures, previously invested $30 million in OpenAI. Based on the latest valuation, this equity is now worth $1.3 billion, achieving a 43-fold return in less than three years. As of May 2023, Kutcher's fund's portfolio includes OpenAI, Stability AI Ltd., and Anthropic. Earlier reports indicated that OpenAI announced on April 1 that it had completed a financing round of $122 billion, with the company's valuation reaching $852 billion.

Ashton Kutcher's Fund Achieves 43x Return on Investment in OpenAI

On April 5, economists indicated that the sudden rise in gasoline prices, which consumers in the U.S. are experiencing firsthand, will be fully reflected in the key inflation data to be released this week. The U.S. CPI for March is expected to rise by 1% month-on-month, marking the largest single-month increase since 2022; the core CPI may increase by 0.3% month-on-month. Previously, the war in Iran drove gasoline prices at U.S. gas stations up by about $1 per gallon. The day before the CPI data is released, the Fed's preferred inflation indicator will provide insights into pre-war price pressures. Economists expect the core PCE price index to rise by 0.4% in February for the third consecutive month, indicating that even before the conflict erupted, the process of inflation returning to more moderate levels had stalled. Coupled with signs of stabilization in the U.S. labor market, persistent price pressures, and new inflation risks arising from the Middle East conflict, this helps explain why the Fed may find it difficult to lower interest rates this year.

[Economists: U.S. March CPI May Surge 1%, Fed Likely to Struggle with Rate Cuts This Year]On April 5, economists indicated that the sudden rise in gasoline prices, which consumers in the U.S. are experiencing firsthand, will be fully reflected in the key inflation data to be released this week. The U.S. CPI for March is expected to rise by 1% month-on-month, marking the largest single-month increase since 2022; the core CPI may increase by 0.3% month-on-month. Previously, the war in Iran drove gasoline prices at U.S. gas stations up by about $1 per gallon. The day before the CPI data is released, the Fed's preferred inflation indicator will provide insights into pre-war price pressures. Economists expect the core PCE price index to rise by 0.4% in February for the third consecutive month, indicating that even before the conflict erupted, the process of inflation returning to more moderate levels had stalled. Coupled with signs of stabilization in the U.S. labor market, persistent price pressures, and new inflation risks arising from the Middle East conflict, this helps explain why the Fed may find it difficult to lower interest rates this year.

Economists: U.S. March CPI May Surge 1%, Fed Likely to Struggle with Rate Cuts This Year

Market data shows that SOL has fallen below $80, currently priced at $79.96, with a 24-hour decline of 0.3%. The market is experiencing significant volatility, please ensure proper risk management.

[SOL Falls Below $80]Market data shows that SOL has fallen below $80, currently priced at $79.96, with a 24-hour decline of 0.3%. The market is experiencing significant volatility, please ensure proper risk management.

SOL Falls Below $80

HTX data showed that SOL fell below 80  USDT and is now at 79.9422 USDT, with a decrease of 0.17% in 24H.

[SOL fell below 80  USDT] HTX data showed that SOL fell below 80  USDT and is now at 79.9422 USDT, with a decrease of 0.17% in 24H.

SOL fell below 80  USDT

On April 5, the Iranian Tasnim News Agency reported that the Islamic Revolutionary Guard Corps (IRGC) stated that a US military aircraft, which was searching for a pilot, was shot down in Isfahan Province.

[IRGC: US Military Aircraft Searching for Pilot Shot Down]On April 5, the Iranian Tasnim News Agency reported that the Islamic Revolutionary Guard Corps (IRGC) stated that a US military aircraft, which was searching for a pilot, was shot down in Isfahan Province.

IRGC: US Military Aircraft Searching for Pilot Shot Down

Bitcoin Fear and Greed Index is 12. Extreme Fear.
Current Price: $66922.34.

[Bitcoin Fear and Greed Index is 12]Bitcoin Fear and Greed Index is 12. Extreme Fear.
Current Price: $66922.34.

Bitcoin Fear and Greed Index is 12

#POLICY
1.U.S. California moves to suspend BlockFi’s lending license in state
2.US Treasury Secretary: FTX incident shows we need to regulate cryptocurrencies

#CRYPTOCURRENCY 
1.NYDIG founder: Don’t invest in non-Bitcoin crypto
2.Vitalik Buterin: FTX's fraud is more serious than Mt.Gox and Luna
3.Musk: FTX incident being tracked in real-time on Twitter
4.Tether has blacklisted $3.9m USDT on AVAX and $27.5m USDT on SOL of the FTX attacker’s
5.Elon Musk: Twitter will launch a crypto wallet in the near future
6.Data: ENS main domain registrations surpass 430,000
7.NEAR to release Phase2 slice in 2023, deliver Phase3 slice in 2024

#METAVERSE
1.Meta will stop smart display project and restructuring certain departments

#CRISIS OF FTX
1.Celsius reports $13 million in loans to Alameda Research
2.Animoca Brands reveals 'limited' FTX exposure after SBF’s empire collapses
3.Crypto lender Voyager reopens bidding process following FTX bankruptcy
4.GameStop to end FTX.US ties, refund customers
5.Vitalik Buterin: The colossal collapse of FTX was inevitable because of its centralized nature
6.Star Atlas cash runway sliced in half by FTX catastrophe
7.Auditing firm Prager Metis website deleted information related FTX US
8.A large number of assets of FTX and FTX US are collected to the same address
9.FTX: Some subsidiaries such as LedgerX, FTX Digital Markets not are not included in bankruptcy proceedings
10.Autism Capital: About $380 million in FTX funds were transferred, suspected insiders run off with funds
11.FTX US general counsel: Investigating abnormalities with wallet movements related to consolidation of FTX balances across exchanges
12.A lot of funds transferred out from FTX and sold through DEX
13.Miami HEAT arena balks at FTX naming rights, ending 19-year deal early
14.Hedge fund Galois Capital admits half its capital stuck on FTX exchange
15.Alameda promised 'high returns with no risk' in 2018 pitch
16.The FTX hacker exchanges his assets for $189M of DAI and ETH
17.FTX hacker to be suspected to be ex-developer Samuel Hyde, motive unclear
18.FTX owes Miami-Dade County $16.5 million pay off in three years
19.At least $1 billion of client funds missing at FTX – sources
20.Address of FTX bought 116,915 $BNB with 46.2M $USDT just now, the buying price is $395. 
21.The FTX CTO is still submitting code as of November 11
22.Galois Capital: $100 million in FTX can't be withdrawn
23.Total value of tokens in Alameda Research's wallet falls below $100 million
24.CoinShares: Physical ETP products and their issuers unaffected by FTX bankruptcy
25.FTX indicates it has more than 100,000 creditors for $10 billion
26.Alameda Research wallet no longer holds BIT, largest holding is TUSD

Detail

【Huobi Global Daily】#POLICY
1.U.S. California moves to suspend BlockFi’s lending license in state
2.US Treasury Secretary: FTX incident shows we need to regulate cryptocurrencies

#CRYPTOCURRENCY 
1.NYDIG founder: Don’t invest in non-Bitcoin crypto
2.Vitalik Buterin: FTX's fraud is more serious than Mt.Gox and Luna
3.Musk: FTX incident being tracked in real-time on Twitter
4.Tether has blacklisted $3.9m USDT on AVAX and $27.5m USDT on SOL of the FTX attacker’s
5.Elon Musk: Twitter will launch a crypto wallet in the near future
6.Data: ENS main domain registrations surpass 430,000
7.NEAR to release Phase2 slice in 2023, deliver Phase3 slice in 2024

#METAVERSE
1.Meta will stop smart display project and restructuring certain departments

#CRISIS OF FTX
1.Celsius reports $13 million in loans to Alameda Research
2.Animoca Brands reveals 'limited' FTX exposure after SBF’s empire collapses
3.Crypto lender Voyager reopens bidding process following FTX bankruptcy
4.GameStop to end FTX.US ties, refund customers
5.Vitalik Buterin: The colossal collapse of FTX was inevitable because of its centralized nature
6.Star Atlas cash runway sliced in half by FTX catastrophe
7.Auditing firm Prager Metis website deleted information related FTX US
8.A large number of assets of FTX and FTX US are collected to the same address
9.FTX: Some subsidiaries such as LedgerX, FTX Digital Markets not are not included in bankruptcy proceedings
10.Autism Capital: About $380 million in FTX funds were transferred, suspected insiders run off with funds
11.FTX US general counsel: Investigating abnormalities with wallet movements related to consolidation of FTX balances across exchanges
12.A lot of funds transferred out from FTX and sold through DEX
13.Miami HEAT arena balks at FTX naming rights, ending 19-year deal early
14.Hedge fund Galois Capital admits half its capital stuck on FTX exchange
15.Alameda promised 'high returns with no risk' in 2018 pitch
16.The FTX hacker exchanges his assets for $189M of DAI and ETH
17.FTX hacker to be suspected to be ex-developer Samuel Hyde, motive unclear
18.FTX owes Miami-Dade County $16.5 million pay off in three years
19.At least $1 billion of client funds missing at FTX – sources
20.Address of FTX bought 116,915 $BNB with 46.2M $USDT just now, the buying price is $395. 
21.The FTX CTO is still submitting code as of November 11
22.Galois Capital: $100 million in FTX can't be withdrawn
23.Total value of tokens in Alameda Research's wallet falls below $100 million
24.CoinShares: Physical ETP products and their issuers unaffected by FTX bankruptcy
25.FTX indicates it has more than 100,000 creditors for $10 billion
26.Alameda Research wallet no longer holds BIT, largest holding is TUSD

Huobi Global Daily

Ethereum secures 58% of $16.5B RWA market – Will ETH prices follow?

Will ONDO’s mid-range retest give bulls a chance to target $0.295?

Chiliz gains over 10% in 24 hours, but $0.04 is still far away – Here’s why

Growing Pressure On BTC: On-Chain Data Reveals Bitcoin’s Institutional Exodus

Slow Down: The Answer in the Age of Agents

Crypto Giant Bitmain Faces Scrutiny As US Senator Flags Trump Family Ties

Bitcoin struggles below $72.5K – Short-term holders sell at losses

How Weakening US Labor Data Could Impact Bitcoin Market  — Report

Ethereum looks quiet – But liquidity is building for a bigger move

Only 43% Return on $1, Why Are 87% of Polymarket Players Losing Money?

Article

Huobi Global Daily

Penafian：Konten diatas tidak merepresentasikan posisi HTX.，HTX tidak memberikan rekomendasi perdagangan apa pun.。

Artikel Terkait

Semua Komentar0TerkiniHangat

Topik Trending

Artikel Terkait