0XsundayCook

ByteDance Seed open-source Cola DLM is a model that performs text diffusion at the potential semantic level. Text VAE maps text to a continuous latent space, while block-causal DiT learns the latent prior through Flow Matching, ultimately with a conditional decoder restoring the latent variables back into text. Total parameters are approximately 2.3 billion (DiT 1.8 billion, VAE 500 million). In 8 evaluation metrics, it competes with and outperforms baseline AR/LLaDA models of similar scale, but it is still a research-oriented checkpoint, not fine-tuned with instructions or RLHF. The current repository only includes the text pipeline, with future plans to extend to text-image.

Key points include: a series of developments in the crypto space, including Saylor increasing BTC holdings and planning to boost miner output, Circle partnering with Nium to increase USDC supply, Mastercard obtaining a Bitcoin license in New York to promote digital settlements, United Texas Bank converting to a national bank and offering digital asset custody, Ripple sending a letter to the SEC to seek equal treatment for XRP and BTC/ETH, FTX announcing creditor claim timelines, Russia strengthening regulations and shutting down mining farms, Aztec Labs acquiring zkpassport and sticking to open source, Italy’s Banca Sella receiving MICA approval, planning to launch crypto services in 2026, South Korean prosecutors charging the CatFi team, marking the first DEX exit scam case.

CryptoWorld News reports that Michael Saylor of Strategy said that he is currently buying $STRC at an annualized rate of $24 billion, and he expects to buy miners’ output at 2–3 times that speed. He revealed that, so far this year, he has bought $11 billion worth of Bitcoin, with the purchase rate being twice the miners’ production speed.

Sky Links Capital Group CEO Daniel Takieddine stated that the US dollar is stabilizing and approaching multi-week highs, influenced by strong US data and uncertainties in US-Iran negotiations. Disagreements over Tehran's uranium reserves and the Strait of Hormuz are limiting diplomatic efforts, and demand for US dollar safe-haven assets remains. The market expects the Federal Reserve to keep interest rates high for a longer period; if inflation persists, further rate hikes are still possible.

CryptoWorld News reports that the Israel Defense Forces stated that earlier today, an explosive drone launched by Hezbollah exploded within Israeli territory, near the Israel-Lebanon border. No casualties have been reported at this time.

ME News reports that on May 15th, the US dollar strengthened, with the dollar index rising over 1% this week, potentially marking the best weekly performance in two months. Two consecutive inflation data releases exceeding expectations have impacted the bond market and also prompted market bets that the Federal Reserve will raise interest rates this year. This contrasts with the widespread expectation of a rate cut last month, as tensions in the Middle East pushed oil prices higher, combined with inflation exceeding expectations boosting the dollar. Source: Jin10.

BlockBeats News, May 24, citing senior U.S. officials reported by Fox News, "We observe that Iran has made serious and unprecedented concessions on uranium enrichment issues." (Jinshi)

According to Beating monitoring, China's promotion of computing power independence will trigger a dual-track split in the global open-source ecosystem, with one part entering a China-led technological ecosystem. Under the trend of US closed-source development, global open source will in turn support Chinese innovation; open-source stacks like Huawei CANN promote unified interfaces, forming parallel hardware ecosystems. Under export controls, US developers must either accept China-led open-source systems or rebuild the entire technology stack. In the short term, hardware segmentation will become a key variable in US-China AI competition.

Google is recruiting hundreds of engineers to help clients implement AI, highlighting the practical challenges. Cloud has established a new "Frontier Deployment Engineer" team to provide more technical resources for clients. Industry trends also include OpenAI co-establishing deployment units with consulting/investment firms, and Anthropic forming a joint venture; Google is also negotiating with Blackstone, KKR, and EQT to provide AI model access for their portfolio companies. Despite the rapid growth in revenue for frontier AI companies, the number of human consultants is also increasing, indicating that deploying AI into production environments remains difficult.

The federal government and multiple states in the United States are in dispute over regulatory authority over prediction markets, with 17 states challenging; some states believe that sports event contracts should be regulated by the states as gambling, while the CFTC argues that event contracts are derivatives and should be federally regulated. Congress has intervened, with James Comer demanding that Kalshi and Polymarket submit insider trading prevention documents. Despite uncertainties, Kalshi is valued at approximately $22 billion, and Polymarket at around $15 billion, with related executives still planning to continue investing. Regulatory disputes are expected to continue evolving over the next few years.

BlockBeats reports that Galaxy Digital founder Novogratz and BitGo CEO Belshe are facing off in court this week over a four-year merger dispute. BitGo is demanding that Galaxy pay at least $100 million in damages, stemming from a failed $1.2 billion acquisition proposal in 2021 that fell through due to the crypto market collapse. BitGo accuses Galaxy of not making reasonable efforts to facilitate the deal and concealing details of an investigation by U.S. authorities, which could impact the completion of the merger.

Crypto news: The price of Ethereum faces downside risk in the near term and could fall to $1,800 due to the break of its ascending channel. On Wednesday, the Ethereum price came under pressure, trading at about $2,129, down roughly 12% from the recent high of $2,420. Market risk appetite has declined, driven by rising U.S. Treasury yields and ETF outflows, and traders are closely watching whether Ethereum can hold the psychological support level of $2,000. Analysts said weak ETF demand is related to the lack of staking rewards, leading institutions to be more inclined to invest in Bitcoin.

According to BlockBeats, xAI will provide Cursor with large-scale computing power, mobilizing tens of thousands of GPUs at the Colossus data center to assist in training Composer 2.5, marking xAI's transition from a model R&D company to a cloud service provider. MFU is only 11%, far below the industry standard of 35–45%, and President Nicolls has requested it be increased to 50% within a few months. Opening up computing power helps share costs and gather feedback; Cursor is discussing funding at a valuation of 50 billion USD.