OffshoreWindOrder

Hyperinsight states that the well-known trader "Loracle" on Hyperliquid shorted 29,771 units of CBRS with 5x leverage, with an average entry price of approximately $333.13, now priced at $326.6, with an unrealized profit of about $190k. CBRS was listed on Nasdaq yesterday, rising 68% on its first day, considered a major IPO in the AI chip sector. Previously, after Mizuho Securities raised its buy rating, they opened an $8 million short position on SNDK, now with a profit of over $1.4 million (63%). Source: BlockBeats.

According to South Korean media outlet "Seoul Economy," a government electronic petition in South Korea calling for the abolition of virtual asset taxation received over 50k signatures within 8 days, reaching the threshold for submission to the parliamentary standing committee for review.
The proposed tax system would impose a 22% tax rate, including local taxes, on virtual asset gains with annual earnings exceeding 2.5 million Korean won (approximately 1,800 USD).
Petitioners believe that ordinary stock investors in South Korea are essentially exempt from capital gains tax, while virtual assets are taxed separately, which they consider unfair, and that the current tax system and investor protection mechanisms are still inadequate.

Google AI Studio officially launches a new paid subscription system, marking its transition from the preview phase to a commercial workstation. The paid plans include usage-based billing and Google AI subscriptions. Notably, the usage-based billing plan indicates access to all models and agents, implying that complex agent building and invocation capabilities will be natively integrated into AI Studio.

P2P.org announces the appointment of Betsabe Botaitis as the new Chief Financial Officer. She previously worked at Citigroup and LendingClub, with experience in financial data strategy and artificial intelligence applications. Founded in 2018, P2P.org provides verification, server, and security system support for over 40 blockchain networks, including Ethereum and Solana, for banks, exchanges, digital wallets, and custodians, helping institutional clients earn staking rewards without building their own systems.

Mars Finance News: On May 20, ASML CEO Christophe Fouquet said the European AI Act needs to be reformed or repealed; “simplification” rules that would limit the technology supply chain must be avoided. (Wide-angle observation)

CryptoWorld News, Japan's exports in April increased by 14.8% year-on-year, marking the fastest growth since January and significantly exceeding expectations. This figure is well above Reuters' forecast of 9.3% and also higher than the 11.5% increase in March. Japan's imports in April rose by 9.7% year-on-year, surpassing the expected 8.3%, but slowed down from the previous 10.9% increase. GDP data released on Tuesday shows that net exports remain one of Japan's main economic drivers, with the Japanese economy growing by 0.5% quarter-on-quarter and 2.1% at an annualized rate. Although a weak yen may boost exports, it could also trigger domestic concerns by increasing import-driven inflation and weakening purchasing power. Japan's core inflation data for April will be released on Friday; affected by energy price concerns sparked by the Iran war, this indicator accelerated for the first time in five months in March, rising to 1.8%.

Reports reveal that Google's internal promotion bias only values contributions to new products, while maintenance and migration are considered worthless, leading to fragmentation of the AI ecosystem. The model side is divided into Pro/Ultra/Flash, the ecosystem side swings between Gemini and AI Studio, Workspace is separated from individual Google One. Development tools include Spark, Jules, with conflicts between old and new versions of Antigravity IDE, Gemini CLI deprecated, the relationship between Flow and Veo is unclear, Nano Banana incorporated into Gemini, search and research functions split into AI mode and NotebookLM.

The State Council Information Office held a press conference for the 4th China International Supply Chain Expo. Vice President of the China Council for the Promotion of International Trade, Li Xingqian, stated that the "Digital Technology Chain" will be upgraded to the "Intelligent Digital Technology Chain," in collaboration with global semiconductor companies, and will feature the first Artificial Intelligence zone, designed according to the industry evolution of data and perception, computing power and algorithms, applications and solutions. The exhibition showcases the entire AI ecosystem, with leading companies such as NVIDIA, Intel, Qualcomm, and Alibaba gathering. The host province, Anhui, focuses on AI + manufacturing, displaying core achievements like intelligent connected vehicles; Zhejiang, Hubei, Jiangsu, and other regions will also hold industry matchmaking and promotion activities.

CryptoWorld News reports that, according to Reuters, OpenAI has confirmed it is preparing to file for an initial public offering (IPO) within the next few weeks. This news comes after private equity joint venture negotiations worth $1.5 billion with Vista and Thrive. Additionally, OpenAI has briefed the U.S. federal government and the Five Eyes alliance on its new network product. The chief financial officer confirmed that retail investors will receive IPO allocations. Sam Altman is about to lead this most controversial artificial intelligence company on Earth to go public at the market peak.

CryptoWorld News reports that the well-known trader Loracle has reduced his LIT long positions by 259,666 units within the Hyperliquid ecosystem, which is approximately worth $329,010.78. His current position size is $1,282,023.95, with an average price of $1.14. His current profit and loss is +$179,025.11 (+41.89%). The current token price is $1.32, and the liquidation price is $0.

CryptoWorld News: Draft models are beginning to phase out, and MTP (multi-token prediction) decoding capabilities are starting to be used in local inference front-end applications. The MTP approach involves adding several lightweight prediction heads to the main model, allowing the model to predict subsequent tokens in advance and verify them independently. The upstream model has already provided actions, and the DeepSeek-v3 technical report incorporates MTP into the training objectives, indicating that this module can be directly used to accelerate inference. Downstream inference frameworks and tools are also beginning to adapt, including llama.cpp, vllm, and LM Studio, with users required to download models that support MTP and enable it manually.

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Two messages nearly simultaneously spread across Silicon Valley.
One: Anthropic is expected to achieve $10.9 billion in sales this quarter, marking its first quarterly profit.
The other: OpenAI is accelerating its IPO process, planning to secretly file its prospectus within the next few weeks, aiming to go public in the fall, with a valuation potentially surpassing one trillion dollars.
Once the news broke, SoftBank Group's stock price surged nearly 20% intraday, with a market value increase of about 240 billion yuan RMB in a single day.
On one side, they just reached the profit threshold; on the other, they are desperately rushing to go public while still in the red. Looking back at the personnel change from two days ago, the logic becomes clear—
On May 19, former OpenAI co-founder Andrej Karpathy announced on X that he was joining Anthropic full-time.
This is not an ordinary job switch.
Today’s OpenAI has already become a capital

This issue presents the market capitalization landscape of various blockchains (ETH, TRON, Solana, etc.) and market dynamics: the White House promotes legislation on the crypto market structure, FinCEN/OFAC and FDIC propose AML/CFT frameworks for stablecoins, Tether leads the rescue of Drift and promotes USDC to USDT conversion, Hong Kong stablecoin initiatives and Circle assist Korea in issuance. Overall, the stablecoin market continues to grow and reach new highs, with no signs of de-pegging; regional policy drivers and on-chain data transparency have become key focus points.