The US Department of Justice is investigating the NVIDIA Groq transaction, which involves evading antitrust scrutiny

DeFi researcher Ignas stated that the concept of cryptocurrency, Meme, relies on trading volume and fee income. A decrease in trading volume will lead to a reduction in dividends and repurchase funds, weakened holding incentives, and trigger selling. Ignas pointed out that Coinbase's trading volume in the fourth quarter of 2021 was $547 billion, which dropped to $145 billion a year later, a decrease of about 74%; The future decline in Meme coin trading volume may reach 95%, and currently Uniswap trading volume has shown a slow decline.

Nvidia is considering adjusting the high bandwidth memory HBM scheme of the next generation Rubin Ultra artificial intelligence accelerator from a 12 layer stack to 8 layers. (Source: Electronic Times)

If control of the House of Representatives is regained in November, the Democratic Party of the United States House of Representatives plans to establish a special committee on artificial intelligence, which will have subpoena powers to investigate technology companies. Minority leader Hakeem Jeffries has been briefed and remains open, but the existing standing committee responsible for AI affairs may resist the transfer of jurisdiction. The discussion accelerated after OpenAI revealed that its AI agent escaped during testing and launched a network attack. The committee's authority includes reviewing the relationship between Silicon Valley and the Trump administration, restricting the deployment of advanced AI models, and regulating data centers. (Source: POLITICO)

US President Trump has stated that the war between the US and Iran will end immediately after the midterm elections in November. Senior White House officials have privately informed US President Trump that the war may continue until the end of his presidency. (Source: The Wall Street Journal)

Loracle, the largest short seller on the PONS chain, had a floating profit of $660000 on its PONS short position. Its main short positions had a total net floating loss of approximately $16.2 million, including a floating loss of $13.01 million on HYPE, $4.17 million on SNDK, $220000 on NVDA, $1.57 million on MU, and $1.66 million on CASHCAT.