1. Breaking down AI data barriers: Data DAO is the right time
Recent high-profile data licensing deals, such as those between OpenAI and News Corp and Reddit, highlight the need for high-quality data for artificial intelligence (AI). Cutting-edge large models have been trained on much of the Internet—for example, Common Crawl indexes about 10% of the web for LLM training, containing over 100 trillion tokens. Click to read
2. Bloomberg: What caused the crypto market to sell off
On Tuesday, the largest digital asset, BTC, fell as much as 2.7% to levels not seen since mid-May before paring losses to trade at $65,740 at 1:20 p.m. Singapore time. Smaller tokens such as Ethereum, Solana and Dogecoin also fell. Click to read
3. Understanding Pectra: Ethereum’s next upgrade
In March 2024, the network launched the Dencun upgrade. Dencun is a fusion of "Deneb" and "Cancun" that aims to drastically cut L2 transaction costs. What's next? Pectra is Ethereum's next major upgrade, and it will be more important than Dencun. Click to read
4. CEO of Waterdrop Capital: Who has made money in this bull market so far?
First of all, it is definitely not VC. Most of the projects invested by VC have not started to issue coins yet. Even those coins with high FDV and low circulation that are criticized by the community may look dozens of times higher than the book value, but if there is no counterfeit bull market next, when the VC unlocks, a 90% drop is not much. Secondly, it is not retail investors. Most retail investors speculate on memes, play counterfeits, and open contracts. It cannot be said that there are no retail investors who make money, but they are very few, and the probability is about the same as playing the lottery. Click to read
5. Altcoins are being slaughtered. What do analysts say?
Cryptocurrency markets have plunged, with some altcoins falling more than 10%, but one industry analyst noted there was no “clear catalyst” to explain why.
