TechFlow Intelligence: Trump-Linked Companies Transfer $12 Million in Assets Before China Visit, 'The Big Short' Protagonist Warns of Stock Market Bubble Again

marsbitPubblicato 2026-05-12Pubblicato ultima volta 2026-05-12

Introduzione

The article reports multiple developments across tech, crypto, and finance. In AI, Mozilla used AI for large-scale code review, Google confirmed hackers used AI to find zero-day exploits, and OpenAI deployed GPT-5.5 to find errors in math benchmarks. A court ruled Anthropic's scanning and destroying books for AI training as fair use, while its Claude platform launched on AWS. Google's new video model 'Omni' was leaked. In crypto/Web3, Trump-linked companies transferred $12M in crypto assets before a China visit. BlackRock chose Ethereum for tokenized funds, and a hacker stole $174k via a malicious NFT that tricked an AI. Jack Dorsey's first tweet NFT plummeted from $2.9M to under $5. In chips/hardware, TSMC approved an additional $20B for its Arizona plant. Apple's Tim Cook and Elon Musk will accompany Trump to China, while Nvidia's Jensen Huang is notably absent. For markets, Michael Burry warned of parabolic stock rises and suggested near-total sell-offs, with online discussions comparing current sentiment to the 1999 bubble. Other notes include WTI oil surpassing $100, a 20% price hike for Beijing-Shanghai high-speed rail, and new products like Unitree's $26.9k humanoid robot. The underlying theme suggests AI is becoming infrastructure, creating pressure on old systems while a new order is not yet ready, leaving investors anxious.

Mozilla publicly uses AI tools for large-scale code review for the first time, Mythos discovers 271 browser vulnerabilities in one go. OpenAI releases Daybreak in response the same day, AI security tools are becoming a new battlefield for tech giants.

Wired | RedditX

Hackers Use AI to Discover Zero-Day Vulnerabilities, Google Confirms Blocking Attack

Google reveals that criminal hackers have used AI tools to discover and exploit unknown software vulnerabilities in real-world attacks for the first time, marking a new phase in AI offense and defense.

Hot Topic: Community worries AI lowers the barrier to vulnerability discovery, defense costs rise exponentially.

NYT | Forbes | AP

ChatGPT Content Begins Appearing in Textbooks

A student finds textbook content directly labeled "Created by ChatGPT," sparking a new round of academic debate on the reliability and copyright ownership of AI-generated content.

Reddit

GPT-5.5 Used to Check FrontierMath for Errors

OpenAI uses the yet-to-be-released GPT-5.5 to identify fatal errors in a math benchmark test, hinting at the new model's significant improvement in reasoning capabilities.

Reddit

Anthropic Buys, Scans, Then Destroys Millions of Physical Books, Court Rules It Fair Use

A court rules that Anthropic's mass purchase, scanning, knowledge extraction, and subsequent destruction of physical books constitutes fair use, setting a precedent for AI training data acquisition.

Hot Topic: Zhihu thread with 2.44 million views, 69 comments debating intellectual property boundaries.

Zhihu

Claude Platform Officially Launches on AWS

Anthropic announces Claude can be directly deployed via AWS, lowering the barrier for enterprise integration, competing head-on with OpenAI in the cloud services market.

Claude Blog

Google Leaks New Video Model Omni, Text Coherence Significantly Improved

Footage of a suspected internal Google test model, Omni, leaks. Users note its text generation coherence is significantly better than Sora, reshuffling the video generation landscape again.

Reddit

> Spicy Take: Sora almost closes its doors, and here comes Omni — OpenAI this year feels like they're acting in the final season of 'Game of Thrones.'

Crypto / Web3

Bank Consortium Demands Pause on CLARITY Act Stablecoin Yield Clause, White House Refuses

US banks send panic letters to corporate CEOs, urging them to block the CLARITY Act clause allowing stablecoins to pay yields. The White House responds that banks refused to attend coordination meetings. The bill is scheduled for a markup vote this Wednesday. Trump states he will not compromise.

Hot Topic: Community sees this as traditional finance's last stand.

DailyCoinPost | CryptoSlate

BlackRock Chooses Ethereum as Tokenized Fund Platform

BlackRock, managing $14 trillion, officially announces the launch of tokenized fund products on Ethereum, paving the way for institutional capital to enter DeFi.

DailyCryptoBriefs

Hacker Phishes $174,000 from Grok with Free NFT

Attackers trick the Grok AI by constructing malicious NFT metadata, inducing it to execute transfer operations, revealing risks in AI smart contract interaction.

Reddit

Jack Dorsey's First Tweet NFT Plummets from $2.9 Million to Less Than $5

The NFT of Twitter founder's first tweet, sold for a sky-high price in 2021, loses 99.9% of its value, becoming the most vivid footnote of the NFT bubble.

Reddit

> Spicy Take: The person who spent $2.9M on a tweet can now write a book titled 'How to Gracefully Lose a House with a $5 Lesson.'

Trump-Linked Companies Transfer $12 Million in Crypto Assets Before China Visit

On-chain data shows a Trump-linked entity moving large amounts of cryptocurrency just before his visit to China, sparking speculation about conflicts of interest.

TheStreet

Chips / Hardware

Someone Runs 1-Trillion Parameter Model on Intel Optane, Speed Exceeds 4 tokens/sec

A user builds a system using discontinued Intel Optane persistent memory, successfully running a trillion-parameter model at over 4 tokens/sec, demonstrating the extreme potential of niche hardware.

Reddit

TSMC Approves Additional $20 Billion Investment for Arizona Factory

TSMC continues to boost US production capacity, with cumulative investment exceeding expectations, accelerating the restructuring of the global semiconductor supply chain.

36Kr

Cook, Musk to Accompany Trump to China, Huang Jensen Absent

BlackRock, Micron CEOs, and others will join the delegation. Notably, Nvidia CEO Jensen Huang is not on the list, sparking speculation about US-China AI chip negotiations.

Wall Street News

Tech Companies

GitLab Announces Layoffs and Ends CREDIT Values

GitLab announces its "Act 2" restructuring plan in an internal memo, cutting staff and abandoning its long-held CREDIT corporate culture. 512 Hacker News comments debate whether corporate culture is idealistic or pragmatic.

Hot Topic: Remote work pioneer abandons idealism, signaling a cultural shift towards pragmatism in the tech industry.

GitLab Blog

Zuckerberg "Personally Authorized and Actively Encouraged" Meta's Large-Scale Copyright Infringement to Train AI

Publishers and author Scott Turow accuse Zuckerberg of direct personal involvement in the decision to use pirated content to train Llama models in a lawsuit.

Variety

EU Plans to Ban Microsoft, Amazon, Google from Processing Government Sensitive Data

Europe is pushing legislation to restrict US cloud giants from accessing member states' medical, financial, and legal data, escalating the data sovereignty battle.

TechSpot

Microsoft Fires Head of Israel Subsidiary for Monitoring Palestinians

Microsoft dismisses multiple executives at its Israeli branch over alleged improper monitoring of Palestinians, putting tech companies' stances in geopolitical conflicts under scrutiny again.

PCGamer

Google Launches Life Sciences Initiative RepliQA Combining Quantum Science and AI

Google announces a new project applying quantum computing and AI to drug discovery and life sciences, aiming to gain an edge in the next-generation computing race.

Google Blog

US Stocks

Michael Burry: Any Stock with Parabolic Rise Should Be Largely Sold

'The Big Short' protagonist issues another warning, advising investors to significantly reduce holdings of skyrocketing stocks and emphasizing that shorting is not the answer — implying the market may be generally overheated.

Reddit

1999 Article Mocking 'Bubble Callers' Resurfaces for Re-Reading

A Reddit user digs up an optimistic article from the eve of the dot-com bubble, comparing it to current market sentiment. History rhyming raises investor vigilance.

Reddit

"Sure It's Not a Bubble" — Valuation Chart Sparks Heated Discussion

A netizen posts extreme market valuation data captioned "Of course it's not a bubble," dripping with sarcasm. Comments split into bearish and "this time is different" camps.

Reddit

Finance / Macro

WTI Crude Rises Over 2%, Breaks $100; US-Iran Talks Hope Dashed

Trump states Iran's proposal is "unacceptable." Former national security advisor expects a return to full-scale military operations. Oil prices rise accordingly.

6551/macro

Beijing-Shanghai High-Speed Rail Announces 20% Price Hike, Second-Class Seats Exceed 800 Yuan

Nationwide high-speed rail trunk line price adjustments continue. Zhihu thread with 970k views discusses the balance between commercial logic and public service.

Zhihu

Spot Gold Falls Nearly 1% to $4,686/oz, Silver Drops 3%

Safe-haven sentiment cools, precious metals pull back, but rising oil prices show geopolitical risks are still being priced in.

[6551/macro]

New Products / New Trends

Unitree Launches Dual-Arm Humanoid Robot Starting at 26,900 Yuan

Chinese robotics company Unitree launches a consumer-grade dual-arm humanoid robot priced at less than half the expected price of Tesla's Optimus. Zhihu thread with 850k views discusses use cases.

Zhihu

Little Caesars Delivers Pizza via Drone in 4.5 Minutes

The US pizza chain completes a "historic" commercial drone delivery: two pizzas and a drink delivered in 4.5 minutes. Last-mile delivery enters the aerial era.

Entrepreneur

Today's Undercurrent

AI is transitioning from a tool to infrastructure: Mozilla uses it for code review, hackers use it to find vulnerabilities, Google uses it for quantum biology, ChatGPT starts writing textbooks — meanwhile, traditional finance's panic letters over stablecoin yields, banks refusing to meet with the White House, and the EU pushing US clouds out of sensitive areas all point to the same thing: the old order feels the pressure of irreversible replacement, and the new order isn't ready to take over responsibility yet. Stuck in the middle are increasingly anxious retail investors, flipping through old articles from 1999, asking themselves if this time is really different.

Domande pertinenti

QAccording to the article, what significant action did a Trump-associated company take just before his visit to China, and what was the speculated reason?

AAccording to the article, a Trump-associated company transferred $12 million in cryptocurrency assets just before his visit to China, which sparked speculation about potential conflicts of interest.

QWho issued a warning about the US stock market in the article, and what was the nature of their advice?

AMichael Burry, the investor profiled in 'The Big Short', issued a warning. He suggested that investors should significantly reduce their holdings in stocks that have experienced parabolic rises, implying the overall market may be overheated, though he clarified shorting is not the answer.

QWhat controversial legal precedent did the court set regarding Anthropic's data collection practices for AI training?

AThe court ruled that Anthropic's practice of buying millions of physical books, scanning them to extract knowledge for AI training, and then destroying the physical copies constitutes 'fair use.' This set a precedent for AI companies acquiring training data.

QWhat major risk associated with AI and smart contracts was highlighted by a specific hack mentioned in the article?

AThe article highlighted the risk of AI being deceived in smart contract interactions. Attackers used a malicious NFT to trick the Grok AI into executing a transfer operation, resulting in a loss of $174,000.

QWhat was the 'dark thread' or underlying theme suggested by the article's conclusion regarding the current technological and financial landscape?

AThe 'dark thread' is that AI is transitioning from a tool to fundamental infrastructure, creating irreversible pressure on the old order (traditional finance, governance). However, the new AI-driven order is not yet ready to assume full responsibility, leaving ordinary investors anxious and caught in the middle, reminiscent of past bubbles.

Letture associate

After Three Consecutive Quarters of Decline, Can the Crypto Market Find a Window for Stabilization in Q3?

The cryptocurrency market has just concluded its worst-performing quarter since 2022, with total capitalization dropping 12.6% to $2.1 trillion. All core metrics indicate capital is leaving the sector, not just rotating within it. Bitcoin fell 14.2% and Ethereum dropped 25.4% in Q2, breaking their previous correlation with US tech stocks. A key driver is the reversal in US spot Bitcoin ETF flows, which saw a net outflow of approximately $4.67 billion in Q2, including a record monthly outflow near $4.5 billion in June. While recent data suggests long-term holders are accumulating again, sustained ETF outflows mean continued selling pressure. Market focus is now singularly on the Federal Reserve. The upcoming July FOMC meeting is seen as the most critical event for Q3. A dovish signal could support Bitcoin reclaiming a $68,000-$84,000 range, while a hawkish stance might establish a new trading band around $50,000-$56,000. Additionally, regulatory uncertainty persists, with the progress of the crucial *CLARITY Act* stalling in the Senate, reducing its perceived 2026 passage probability to 40-45%. Despite the broad downturn, a few sectors showed growth. Prediction markets saw nominal volume surge 48.7% year-over-year to $113.8 billion, and tokenized collectibles transaction volume rose 143% quarterly to $1.4 billion. The Real-World Asset (RWA) tokenization sector also continued steady growth, now representing ~$28.1 billion in on-chain value. The market's foundation for an extreme crash appears limited, with Bitcoin price hovering near its 200-week moving average. However, the trading paradigm has shifted from narrative-driven speculation to decisions based on price action, policy developments, and interest rate expectations, making a broad sentiment-driven rally unlikely in the near term.

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After Three Consecutive Quarters of Decline, Can the Crypto Market Find a Window for Stabilization in Q3?

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BIT Trading Moment: BTC Still Suppressed by Weekly 200 EMA, Rejection May Restart Decline; Storage and Semiconductors that Surged Last Night Begin Falling in Evening Trading

**Crypto & Stock Market Wrap: Bitcoin Tests Resistance, Stocks Retreat After AI Surge** Bitcoin consolidates around $66,000, facing key resistance near $68,000—an area seen as a major psychological and technical hurdle where previous rallies have failed. Analysts note the cryptocurrency is caught between its 200-week moving average (~$63,333) and 200-week EMA (~$68,328). A clear break above $68k is needed to signal a stronger bullish trend, while a rejection could lead to a retest of $63k support. Market sentiment remains cautious, with low futures open interest pointing to a low-liquidity rebound rather than a full bull market. Bitcoin spot ETFs saw another $203 million inflow. US stock futures pointed lower after a strong Tuesday session led by a massive rebound in semiconductors and memory stocks. The rally was fueled by renewed optimism about AI-driven hardware demand, with Micron, SanDisk, and SK Hynix surging. However, those gains reversed in pre-market trading. Super Micro Computer (SMCI) soared over 20% after hours on strong guidance and a record backlog. Other standouts included Rocket Lab and nuclear energy plays Oklo and X-Energy. Rising oil prices (Brent above $91) and climbing Treasury yields (10-year near 4.64%), however, are reigniting inflation concerns and acting as a headwind for equities. In Asia, markets were mixed. South Korea's KOSPI pared early gains to close slightly higher as semiconductor stocks like SK Hynix gave back initial surges. Japan's Nikkei edged lower as the yen hit a fresh 38-year low against the dollar, raising fears of potential market intervention. Key events to watch include the Samsung Galaxy launch, AMD's AI event, and a slew of major tech earnings from Alphabet, Tesla, and IBM after the close on Wednesday, followed by the ECB meeting and Intel's earnings on Thursday.

marsbit6 h fa

BIT Trading Moment: BTC Still Suppressed by Weekly 200 EMA, Rejection May Restart Decline; Storage and Semiconductors that Surged Last Night Begin Falling in Evening Trading

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Former CFTC Chairman, Circle President Tarbert: Preaching Long-Termism While Cashing Out $30 Million Himself

Former CFTC Chairman and Circle President Heath Tarbert has consistently advocated for a long-term vision in public, urging patience from investors as Circle’s stock price has fallen significantly from its peak. However, it has been revealed that since Circle’s IPO, Tarbert has continuously sold his CRCL shares through pre-arranged trading plans, cashing out approximately $30 million, without making any public market purchases. This contrast between his public messaging and personal actions has drawn criticism. Tarbert joined Circle in July 2023 as Chief Legal Officer, leveraging his regulatory experience to help guide the company through its IPO and expansion. Despite promoting stablecoins as long-term infrastructure, he established a 10b5-1 trading plan just before Circle went public, leading to substantial stock sales over the following year. In March 2026, he initiated another plan to sell more shares. His career trajectory highlights a pattern of moving between high-level regulatory roles and influential positions in the financial sector. After resigning as CFTC Chairman in early 2021, he joined Citadel Securities as Chief Legal Officer just 27 days later, during a period of intense regulatory scrutiny for the firm. He later joined Circle, aiding its efforts to navigate regulatory challenges for its public listing. While Tarbert's expertise in policy and compliance is valuable to companies like Circle, his actions—advocating long-term confidence while personally divesting—raise questions about the alignment between his public statements and his private financial decisions, leaving investors who followed his advice to bear the market risks.

marsbit6 h fa

Former CFTC Chairman, Circle President Tarbert: Preaching Long-Termism While Cashing Out $30 Million Himself

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Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

The article titled "Gate Research Institute: Are Crypto Financial Products Sparking a 'Wall Street' Wave—Competition or Convergence?" explores the evolving relationship between the crypto ecosystem and traditional finance (TradFi). The piece begins by reflecting on Bitcoin's original 2009 vision of decentralization, disintermediation, and moving away from banks. It then contrasts this with the 2024 landscape, where key crypto assets like Bitcoin are increasingly held through Wall Street products like ETFs issued by giants like BlackRock. The article questions whether this signifies that TradFi is systematically taking over the rights to issue, price, custody, and distribute crypto financial assets. The core argument is that this is not a zero-sum takeover but rather a bidirectional convergence where each side addresses the other's weaknesses. Crypto offers 24/7 global markets, programmable settlement, and open access but lacks compliant channels, institutional-grade custody, deep fiat liquidity, and mainstream distribution. TradFi possesses these but is constrained by legacy systems, limited operating hours, and slow settlement. Two primary convergence paths are highlighted: * **Path A (CEX to TradFi):** Exemplified by Gate, which has progressed from offering tokenized stocks and CFDs to providing direct, real stock trading (US, Hong Kong, South Korea) within its platform, using USDT. * **Path B (TradFi to Crypto):** Exemplified by Robinhood, which has integrated crypto trading, acquired exchanges like Bitstamp, and is moving traditional assets like stocks onto the blockchain via tokenization and its own Layer 2. Both paths are ultimately competing to become the next-generation, unified financial account—a "super account" where users can seamlessly trade cryptocurrencies, stocks, ETFs, RWA (Real World Assets), and tokenized treasury products in one interface. The growth of RWA and tokenized treasuries (e.g., BlackRock's BUIDL) is presented as the asset-layer fusion, providing stable, yield-bearing assets on-chain and acting as a bridge between the two worlds. In conclusion, the "Wall Street-ization" of crypto is framed as a mutual transformation. Decentralized ideals persist in the protocol layer, while at the application layer, a more efficient, global, and accessible unified capital market is emerging from this convergence. The future competition lies not between crypto exchanges and stockbrokers, but between platforms vying to offer the most comprehensive asset coverage, liquidity, and user experience within a single account.

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Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

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