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Share link:In this post: xAI apologized after its Grok chatbot posted antisemitic and violent messages following a system update. The flawed update caused Grok to echo extremist user content for about 16 hours. xAI removed the deprecated code, refactored the system, and restored Grok’s public account.
Share link:In this post: US core inflation rose by 0.3% in June, the biggest increase since January, as tariffs pushed up import costs. Retail sales stayed weak, but the Federal Reserve is not ready to cut interest rates due to ongoing inflation worries. Tariffs are raising global inflation concerns, and central banks in countries like Canada, Japan, and the UK are watching closely.
Share link:In this post: SpaceX is investing $2 billion in xAI, nearly half of its $5 billion equity raise. Elon Musk merged xAI with X earlier this year, valuing the combined company at $113 billion. Grok 4 launched this week but faced backlash after posting offensive replies on X.
Bitcoin hits $117,000 and shows no signs of slowing down—experts say this could be just the beginning.Bitcoin Breaks $117,000—And It’s Far from OverWhat’s Fueling the Climb?What’s Next for Bitcoin?
Bullish divergence spotted across altcoins—technical charts hint at a strong recovery phase ahead.Altcoins Flash Bullish Divergence: Is the Altseason Near?What Is Bullish Divergence?Could This Trigger an Altcoin Rally?
Cardano ($ADA) breaks resistance, setting up for a possible rally toward $0.90–$1.20 amid rising bullish momentum.What’s Fueling the ADA Rally?Can Cardano Reach $1.20?
- 16:12With IPO Approaching, Grayscale Founder Barry Silbert Returns as Chairman of the BoardAccording to ChainCatcher, as reported by The Block, Grayscale Investments has announced four senior executive appointments and welcomed back founder Barry Silbert as Chairman of the Board following the submission of a confidential IPO application. The newly appointed executives are: Chief Operating Officer Diana Zhang, Chief Marketing Officer Ramona Boston, Chief Communications Officer Andrea Williams, and Chief Human Resources Officer Maxwell Rosenthal. All four will report to CEO Peter Mintzberg and come from leading traditional financial institutions, including Bridgewater Associates, Apollo Global Management, Goldman Sachs, and Citadel. Barry Silbert founded Grayscale in 2013 and stepped down as Chairman at the end of 2023. He will now succeed Mark Shifke as Chairman of the Board, while Shifke will remain on the board, bringing the total number of board members to five. The company stated it is considering adding independent directors. Barry Silbert commented, "I am honored to rejoin the board at such a pivotal moment for the company and the broader digital asset ecosystem. I have always believed in the company’s long-term positioning and the leadership team guiding it forward."
- 16:05Rice Robotics to Launch RICE Token for AI Data Marketplace on TokenFi LaunchpadPANews, July 31—According to CoinDesk, Rice Robotics, the company behind the RICE AI platform, announced that it will begin selling its RICE token on August 5 via the TokenFi Launchpad. RICE will power a decentralized data marketplace for AI robots, as part of a broader initiative to tokenize robot-generated data and expand the DePIN ecosystem. The $750,000 presale represents 10% of the total token supply of 1 billion, valuing the project at $7.5 million. Launch partners include BNB Chain, DWF Labs, and Floki. The company’s indoor delivery robots have already been deployed at SoftBank’s Tokyo headquarters, Mitsui Fudosan properties, and 7-Eleven stores in Japan, and are integrated with the 7-Now delivery system. The RICE token will be used to incentivize data contributions, subscribe to AI models, and for platform governance, with a deflationary mechanism through fee-based buybacks. Earlier this year, the company raised $7 million in a Pre-A round from investors including the Alibaba Entrepreneurs Fund.
- 16:05Data: "Insider Whale" Closed XRP and SOL Short Positions Half an Hour Ago, Accumulating a Loss of $1.644 MillionChainCatcher reports that, according to on-chain analyst @ai 9684xtpa, an "insider whale" closed out their short positions on XRP and SOL half an hour ago, incurring a total loss of $1.644 million. This trader still holds short positions in BTC and ETH worth $105 million. The BTC short is currently in profit as the entry price was $116,736.3, while the ETH short has an unrealized loss of $1.094 million.