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Share link:In this post: Germany launched Jupiter, an Nvidia-powered supercomputer, now the fourth-fastest in the world. Chancellor Friedrich Merz said the machine helps Europe compete with the US and China in AI. The US GAIN AI Act may block future exports of high-end chips like Nvidia’s to foreign countries.
Share link:In this post: WLFI is getting some heat as Justin Sun’s frozen WLFI has started to be compared to debanking users. Sun claimed about 600 million tokens on September 1 and has accused WLFI of freezing those tokens after a blacklisting on Thursday. Another investor claims his funds were also locked after a risk assessment that only happened post-distribution.
Share link:In this post: Authors Grady Hendrix and Jennifer Roberson sued Apple, alleging their books were used without consent to train its OpenELM AI models. The lawsuit claims the iPhone maker relied on pirated datasets and failed to seek permission, compensate or credit the authors. Microsoft, Meta, OpenAI, and Anthropic also face lawsuits over alleged misuse of copyrighted works for AI training.
The cryptocurrency market often experiences low performance and high volatility in September. Historical crash data shows that the decline rate has gradually slowed, dropping from an early 99% to 50%-80%. Recovery periods vary depending on the type of crash, and there are significant differences between institutional and retail investor behavior. Summary generated by Mars AI. The content generated by the Mars AI model is still being iteratively updated for accuracy and completeness.
Quick Take Summary is AI generated, newsroom reviewed. BlackRock bought 33,451 ETH, worth over $145 million, to add to its crypto portfolio. This purchase expands BlackRock's significant crypto holdings, which also include a large BTC position. The transaction reinforces BlackRock's commitment to the digital asset sector. The move signals growing institutional confidence and could encourage other investors to follow suit.References JUST IN: BlackRock buys 33,451.58 $ETH worth $145.1 million.
- 08:01Paradigm General Partner Charlie Noyes announces resignation from related positionJinse Finance reported that Charlie Noyes, General Partner at crypto venture capital firm Paradigm, announced on the X platform that he has resigned from his position. However, he will continue to participate in Kalshi affairs as a board observer together with Paradigm founder Matt Huang, and will also provide support to Paradigm's portfolio companies and founders. Charlie Noyes joined Paradigm at the age of 19 as the firm's first employee and was just promoted to General Partner this February.
- 07:43Report: South Korea's high-net-worth individuals increase allocation to gold and crypto assets, reduce allocation to real estateJinse Finance reported that KB Financial Group has released the "2025 Korea Wealth Report," which analyzes individuals with financial assets and real estate exceeding 1 billion KRW. The report shows that the number of high-net-worth individuals in Korea is growing at an annual rate of 9.7%, increasing from 130,000 in 2011 to 476,000 in 2025. Their total financial assets are also growing at an average annual rate of 7.2%, rising from 1,158 trillion KRW in 2011 to 3,066 trillion KRW in 2025, and surpassing the 3,000 trillion KRW mark for the first time this year. In addition, the proportion of real estate assets in the asset portfolios of Korea's high-net-worth individuals has declined, while the proportion of other assets such as physical assets like gold and jewelry, as well as crypto assets, has increased. (ETNews)
- 07:34The probability of the Federal Reserve cutting interest rates by 25 basis points in January is 24.4%, and the probability of a cumulative 50 basis point cut by March is 8.1%.According to Jinse Finance, CME FedWatch data shows that the probability of the Federal Reserve cutting interest rates by 25 basis points in January next year is 24.4%, while the probability of keeping rates unchanged is 75.6%. The probability of the Federal Reserve keeping rates unchanged until March next year is 50.5%, with a cumulative probability of a 25 basis point rate cut at 41.4%, and a cumulative probability of a 50 basis point rate cut at 8.1%. The next two FOMC meeting dates are January 28, 2026, and March 18, 2026, respectively.