The People's Bank of China has launched its first overnight reverse repo operation, investing 300 billion yuan

Vitalik Buterin published an article titled "Obfuscation: Building the Final Boss of Cryptography (Part I)" to outline the obfuscation protocol (iO) technology tree. Confusion technology converts programs into encrypted programs, allowing for computation of plaintext input while hiding logic. In theory, it enables trustless trusted third parties and can build trustless voting systems and auction protocols. The current iO solution has a huge runtime overhead, expected to exceed the lifespan of the universe.

Citrini Research analyst Jukan stated that improving inference performance is not solely achieved by adding Nvidia GPUs. GPUs are often idle due to memory bottlenecks in inference, and the return on investment for inference depends on memory rather than GPUs. The importance of Micron may surpass Nvidia.

Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money away from crypto all year.

According to Darkfost, an analyst at Crypto Quant, as Bitcoin fell below $60000, over 220000 bitcoins flowed into Binance hot wallet related recharge addresses, and over 330000 bitcoins flowed into OKX related recharge addresses, totaling over 550000 bitcoins, setting a record for the largest scale inflow this year and the highest level since the bear market in 2023.

KalshiData stated on the X platform that Kalshi's weekly nominal trading volume has exceeded $10 billion for the first time.