BlockBeatNews

According to Bloomberg, AirTrunk, backed by Blackstone, is secretly filing for an initial public offering of a Singapore real estate investment trust (REIT), aiming to raise approximately $1.5 billion. If successful, it would become Singapore's largest IPO since 2017.

> Original Title: “Where are the eight “parents” of Transformer now?”
> Original Source: Machine Heart


On June 18, one of the co-authors of the Transformer paper, Noam Shazeer, announced on X that he was leaving his position and joining OpenAI. Two days later, John Jumper, the winner of the 2024 Nobel Prize in Chemistry and head of the AlphaFold team, also announced that he was leaving Google.

BlockBeats quotes Moreno as saying that BTC’s UTXO profit-loss ratio is in a historical bottom range, which means the market is still in a phase of deep deleveraging and resetting, and that the long-term profitability structure is being reshaped. To confirm a more stable bottom, the 365-day moving average still needs to continue declining. In the short term, the market may still see a further dip, short squeezes, and periodic rebounds, but unless the profit-loss ratio achieves sustainable improvement, it will be difficult to form a structural reversal.

BlockBeats news, June 29: According to The New York Times, Federal Reserve Chair Warsh will release more details about the working group in the coming weeks.

Kunlun Chip is planning to list in Hong Kong, targeting a valuation of about $50 billion, but its roadshow lists chip procurement commitments as a condition for subscription, requiring procurement amounts to be 3 to 7 times the subscription amount. Baidu holds 58% of the shares and is pushing a CUDA-compatible platform; it is currently focused on inference chips based on the P800, with the M100/M300 series being rolled out gradually. Tencent is for external major customers. It has not yet been included in the May certification list, and, because foundry channels are constrained, it is negotiating with SMIC to shift some production to domestic foundries.

BlockBeats News, June 29: According to Yu Jin monitoring, a whale that made a profit of $513k by trading 234.9k SOL 6 days ago spent 234.9k USDC to buy 235.2k SOL again 1 hour ago, at an average purchase price of $72.6.

Solana meme coin ANSEM surged to nearly $100 million in market cap within 24 hours, driven by the return of crypto KOL Ansem. The key drivers are the creator revenue stream being steered toward it and the “soft, implied claiming” of Pump.fun airdrops. The controversy around this centers on the fact that ANSEM is not an OG; with 65% of the tokens allocated to Ansem himself, it has led to misrouting, uncertainty over whether the airdrop will actually be fulfilled, and whether it will deliver a real boost to the market. It is also seen as a resurgence of celebrity coins that could weaken long-term community-building efforts.

BlockBeats news, June 29, battery technology company Solidion Technology announced that it will purchase SpaceX (SPCX.O) shares as a strategic reserve asset, with the initial SpaceX (SPCX.O) allocation accounting for only a small portion of the company's existing cash reserves.

According to Beating’s monitoring, Scott Wu said that evaluating programmers by AI Token counts goes too far and that actual output should be the standard. Tokenmaxxing has caused employees to overuse tools such as Claude and Codex to inflate usage. Legora Chief Technology Officer Jacob Lauritzen also criticized this evaluation method. Cerebras CEO Andrew Feldman suggested ending unlimited tokens, focusing on cost-effectiveness, and prioritizing the use of low-cost open-source models.

BlockBeats reports: Hyperinsight monitoring shows that in the past two hours, whale 0x9e8 opened a new long position on MU with 10x leverage, with a size of approximately $4 million, and an average entry price of about $1,155, currently showing a small floating profit. MU's total open interest is approximately $166 million, with longs at $67.45 million and shorts at $98.17 million; average long price is $1,090.74, average short price is $995.66. The nearest short liquidation price is $1,352.65, and the nearest long liquidation price is $738.42, with short-side pressure likely to be released before long-side.

BlockBeats June 29 news, ZHIPU has fallen from its recent highs over the past week, with Hyperliquid at $251, down 3.8% in 24 hours. The platform's largest long position is approaching liquidation, with a liquidation price of $224 and an unrealized loss of 63.5%; the whale opened a $1.01 million long position on June 26 at an average entry price of $268.58. The unlocking of cornerstone investors' shares on July 8 will increase the free float by approximately three times, raising market concerns about increased selling pressure.

On June 29, BlockBeats stated that Bitcoin continues to pull back, and a bottom consensus is gradually forming. Grayscale's report says that from the October 2025 high, the decline has exceeded 50% and breaking below $60k is a cyclical adjustment. The long-term bull market has not reversed. The key points are legislative progress, deleveraging, and the Fed's stance. If positive, it is near the bottom; if negative, there is still room for a decline. July to September may be a bottoming window, with initial bottoming in late July to August, and a reasonable range is approximately $59k to $70k. Below $60k has long-term allocation value.

BlockBeats news, June 29 - According to a report by the Islamic Republic News Agency on the 29th, Iranian President Pezeshkian said that day that among Iran's $12 billion frozen assets in Qatar, $6 billion will be unfrozen and returned to Iran.

According to reports, CoinUp’s platform token CPX has recently seen a rebound in market sentiment, with a 24-hour increase of over 50% and a current price of about 0.226 USDT, as market attention continues to rise. CPX founder Queenie said she will stay committed to long-termism to drive ecosystem development, emphasizing platform operations and asset security, and added that stabilizing market sentiment will prompt a more rational assessment of CPX’s long-term value. CoinUp will continue to build on real-world application scenarios to advance product optimization, expand the ecosystem, and pursue a global compliance strategy.

According to the Beating report monitoring, just one year after NVIDIA acquired AI startup LeptonAI for several hundred million dollars, LeptonAI founder (who later served as NVIDIA’s vice president of system software) Jia Yangqing has left NVIDIA. As revealed by SemiAnalysis, the main reason for the split was that NVIDIA CEO Jensen Huang was dissatisfied with the poor operational performance of the DGX Cloud Lepton project, and the two sides also had disagreements on product execution and open-source commitments.
In April 2025, NVIDIA acquired LeptonAI, and in June of the same year, it rebuilt and relaunched the platform as DGX Cloud Lepton, positioning it as a unified AI computing power marketplace. NVIDIA initially promised to open-source LeptonAI’s core software platform by 2026.