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On April 16, a study published in Nature on the 15th revealed that large language models (LLMs) may inadvertently impart certain preferences to other algorithms during the distillation process. This occurs even after original features have been removed from the training data, suggesting that these unwanted features may persist. In one case, a model appeared to convey its preference for owls to other models through implicit signals in the data. The findings indicate that more thorough safety checks are necessary when developing LLMs.

[Large Language Models May Impart Their Preferences During Distillation]On April 16, a study published in Nature on the 15th revealed that large language models (LLMs) may inadvertently impart certain preferences to other algorithms during the distillation process. This occurs even after original features have been removed from the training data, suggesting that these unwanted features may persist. In one case, a model appeared to convey its preference for owls to other models through implicit signals in the data. The findings indicate that more thorough safety checks are necessary when developing LLMs.

Large Language Models May Impart Their Preferences During Distillation

On April 16, the US Central Command announced on social media that a US warship intercepted an Iranian cargo ship attempting to breach the US blockade and forced it to turn back to Iran. The report stated that the cargo ship, flying the Iranian flag, departed from the southern Iranian port of Abbas on April 14, traversed the Strait of Hormuz, and sailed along the Iranian coastline in an attempt to evade the US blockade. The US Navy's USS Spruance successfully compelled the ship to change its course, and it is currently returning to Iran. Since the US military began implementing the blockade on April 13, a total of 10 vessels have been ordered to turn back, with no ships successfully breaching the blockade.

[US Military Intercepts Iranian Cargo Ship Attempting to Breach Blockade]On April 16, the US Central Command announced on social media that a US warship intercepted an Iranian cargo ship attempting to breach the US blockade and forced it to turn back to Iran. The report stated that the cargo ship, flying the Iranian flag, departed from the southern Iranian port of Abbas on April 14, traversed the Strait of Hormuz, and sailed along the Iranian coastline in an attempt to evade the US blockade. The US Navy's USS Spruance successfully compelled the ship to change its course, and it is currently returning to Iran. Since the US military began implementing the blockade on April 13, a total of 10 vessels have been ordered to turn back, with no ships successfully breaching the blockade.

US Military Intercepts Iranian Cargo Ship Attempting to Breach Blockade

On April 16, Canaan Inc. (NASDAQ: CAN) announced that it submitted its Form 20-F annual report for the fiscal year ending December 31, 2025, to the U.S. Securities and Exchange Commission (SEC) on April 15.

[Canaan Inc. Submits Form 20-F Annual Report for Fiscal Year 2025 to SEC]On April 16, Canaan Inc. (NASDAQ: CAN) announced that it submitted its Form 20-F annual report for the fiscal year ending December 31, 2025, to the U.S. Securities and Exchange Commission (SEC) on April 15.

Canaan Inc. Submits Form 20-F Annual Report for Fiscal Year 2025 to SEC

On April 16, Al Jazeera reported that sources indicated the reason for the visit of the Chief of Army Staff of Pakistan to Iran is that the negotiations regarding the Iranian nuclear issue have achieved a 'significant breakthrough.' Pakistan holds hope for a positive outcome. Sources stated that significant efforts have been made by all parties in the past 24 hours, with meetings held in Islamabad involving Egypt, Pakistan, Saudi Arabia, and Turkey. The Chief of Army Staff of Pakistan is set to travel to Qatar within 24 hours, followed by a visit to Turkey for talks with the Turkish President. Overall, Pakistan remains optimistic about maintaining open communication channels. Senior Pakistani military officials have also been in communication with the U.S. government, particularly in contact with U.S. Vice President Kamala Harris.

[Iran Nuclear Negotiations May Have Achieved 'Significant Breakthrough']On April 16, Al Jazeera reported that sources indicated the reason for the visit of the Chief of Army Staff of Pakistan to Iran is that the negotiations regarding the Iranian nuclear issue have achieved a 'significant breakthrough.' Pakistan holds hope for a positive outcome. Sources stated that significant efforts have been made by all parties in the past 24 hours, with meetings held in Islamabad involving Egypt, Pakistan, Saudi Arabia, and Turkey. The Chief of Army Staff of Pakistan is set to travel to Qatar within 24 hours, followed by a visit to Turkey for talks with the Turkish President. Overall, Pakistan remains optimistic about maintaining open communication channels. Senior Pakistani military officials have also been in communication with the U.S. government, particularly in contact with U.S. Vice President Kamala Harris.

Iran Nuclear Negotiations May Have Achieved 'Significant Breakthrough'

On April 16, CryptoQuant stated that Bitcoin's recent rebound is facing increasing selling pressure, as on-chain data shows a significant rise in funds flowing into exchanges. Bitcoin had previously broken through $76,000 but faced resistance and retreated near the key resistance range of about $76,800. This position corresponds to the 'on-chain realized price' range, which historically tends to become the peak of rebounds, as many investors with positions close to breakeven tend to sell. Data shows that the hourly inflow of Bitcoin into exchanges has risen to about 11,000 BTC, the highest level since the end of 2025, which is typically seen as a potential selling signal. Additionally, the scale of large holders (whales) transferring Bitcoin to exchanges is also increasing. Analysts believe that if this resistance level remains effective, Bitcoin may face short-term correction pressure, with key support around $67,600.

[CryptoQuant: Bitcoin's Rebound Faces Profit-Taking Pressure as Exchange Inflows Surge]On April 16, CryptoQuant stated that Bitcoin's recent rebound is facing increasing selling pressure, as on-chain data shows a significant rise in funds flowing into exchanges. Bitcoin had previously broken through $76,000 but faced resistance and retreated near the key resistance range of about $76,800. This position corresponds to the 'on-chain realized price' range, which historically tends to become the peak of rebounds, as many investors with positions close to breakeven tend to sell. Data shows that the hourly inflow of Bitcoin into exchanges has risen to about 11,000 BTC, the highest level since the end of 2025, which is typically seen as a potential selling signal. Additionally, the scale of large holders (whales) transferring Bitcoin to exchanges is also increasing. Analysts believe that if this resistance level remains effective, Bitcoin may face short-term correction pressure, with key support around $67,600.

CryptoQuant: Bitcoin's Rebound Faces Profit-Taking Pressure as Exchange Inflows Surge

On April 16, according to a report from the US on the 15th, President Trump stated that the US is 'very likely' to reach an agreement with Iran before King Charles III of the UK visits the US in late April. In an interview, Trump mentioned that the likelihood of reaching an agreement at this time is 'very high.' King Charles III and Queen Camilla are scheduled to visit the US from April 27 to 30. (CCTV News)

[US Optimistic About Reaching Agreement with Iran]On April 16, according to a report from the US on the 15th, President Trump stated that the US is 'very likely' to reach an agreement with Iran before King Charles III of the UK visits the US in late April. In an interview, Trump mentioned that the likelihood of reaching an agreement at this time is 'very high.' King Charles III and Queen Camilla are scheduled to visit the US from April 27 to 30. (CCTV News)

US Optimistic About Reaching Agreement with Iran

On April 16, Fed's Musalem stated that as economic growth slows, the unemployment rate may rise, but the increase may only be a few tenths of a percentage point. Currently, no clear impact of the war on consumption has been detected.

[Fed's Musalem: No Clear Impact of War on Consumption Detected Yet]On April 16, Fed's Musalem stated that as economic growth slows, the unemployment rate may rise, but the increase may only be a few tenths of a percentage point. Currently, no clear impact of the war on consumption has been detected.

Fed's Musalem: No Clear Impact of War on Consumption Detected Yet

On April 16, it was reported that foreign holdings of U.S. Treasury bonds recorded the largest increase in a year in February, reaching a record high of $9.49 trillion, primarily driven by increased holdings from Canada and Saudi Arabia. Data released by the U.S. Treasury Department on Wednesday showed that compared to the revised figures from the previous month, overseas holdings increased by $197.7 billion in February. Canada's monthly holdings are typically volatile, increasing by $50.5 billion to $446.3 billion in February. Saudi Arabia's holdings increased by $25.6 billion to $160.4 billion, one month before the outbreak of the war between the U.S. and Iran. Japan, the largest foreign holder of U.S. debt, saw its holdings rise by $14 billion to $1.24 trillion; the second-largest holder, the UK, increased its holdings by $17.6 billion to $897.3 billion. China's holdings, the third-largest, decreased by $1.1 billion to $693.3 billion.

[Foreign Holdings of U.S. Treasury Bonds Reach Record High with Largest Increase in a Year]On April 16, it was reported that foreign holdings of U.S. Treasury bonds recorded the largest increase in a year in February, reaching a record high of $9.49 trillion, primarily driven by increased holdings from Canada and Saudi Arabia. Data released by the U.S. Treasury Department on Wednesday showed that compared to the revised figures from the previous month, overseas holdings increased by $197.7 billion in February. Canada's monthly holdings are typically volatile, increasing by $50.5 billion to $446.3 billion in February. Saudi Arabia's holdings increased by $25.6 billion to $160.4 billion, one month before the outbreak of the war between the U.S. and Iran. Japan, the largest foreign holder of U.S. debt, saw its holdings rise by $14 billion to $1.24 trillion; the second-largest holder, the UK, increased its holdings by $17.6 billion to $897.3 billion. China's holdings, the third-largest, decreased by $1.1 billion to $693.3 billion.

Foreign Holdings of U.S. Treasury Bonds Reach Record High with Largest Increase in a Year

On April 16, according to CME's 'FedWatch': The probability of the Federal Reserve raising interest rates by 25 basis points in April is 1.6%, while the probability of keeping rates unchanged is 98.4%. The probability of a cumulative rate cut of 25 basis points by June is 0%, with a probability of maintaining rates unchanged at 98%, and a cumulative rate hike of 25 basis points at 2%.

[Fed's Probability of Keeping Rates Unchanged in April at 98.4%]On April 16, according to CME's 'FedWatch': The probability of the Federal Reserve raising interest rates by 25 basis points in April is 1.6%, while the probability of keeping rates unchanged is 98.4%. The probability of a cumulative rate cut of 25 basis points by June is 0%, with a probability of maintaining rates unchanged at 98%, and a cumulative rate hike of 25 basis points at 2%.

Fed's Probability of Keeping Rates Unchanged in April at 98.4%

The British Museum has partnered with Ethereum-based metaverse game, The Sandbox, and French startup LaCollection to create a range of NFT digital collectibles that reflect the museum's collections. The partnership will also see The British Museum create its own immersive space within the online game world.

[The British Museum Partners With the Sandbox To Create NFT Digital Collectibles and Immersive Space in the Metaverse]The British Museum has partnered with Ethereum-based metaverse game, The Sandbox, and French startup LaCollection to create a range of NFT digital collectibles that reflect the museum's collections. The partnership will also see The British Museum create its own immersive space within the online game world.

The British Museum Partners With the Sandbox To Create NFT Digital Collectibles and Immersive Space in the Metaverse

Article

Trump States He is Not Considering Extending Ceasefire

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Ancient Whale Holding 3,000 BTC Transfers 500 Bitcoins After Four Months

edge soared to 1.0899 USDT, a new high with a 24-hour increase of -0.10%. It currently trades at 1.027 USDT on HTX.

The British Museum Partners With the Sandbox To Create NFT Digital Collectibles and Immersive Space in the Metaverse

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