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CryptoWorld News reports that well-known trader Loracle has increased his long position in ASTER by 387,454 units within the HyperLiquid ecosystem, worth approximately $285,805.99. His current position size is $1,709,837.51, with an average price of $0.75. The current token price is $0.74, the current profit and loss is -$30,626.63, and the liquidation price is $0.

Cerebras Systems went public on NASDAQ on May 16, raising approximately $5.55 billion, with a 108% intraday increase, and a first-day market value of about $67 billion. The company's wafer-scale giant AI chips are seen as a potential competitor to Nvidia and have secured computing power orders from OpenAI and others. 1789 Capital (participated by Donald Trump Jr.) participated in pre-IPO financing, with a valuation of about $23 billion, with shareholders spanning Silicon Valley and Wall Street. Analysts say this IPO intensifies the concentration of capital in AI infrastructure and has attracted market attention.

Shanghai Telecom announced that it is rolling out Token computing power services for users in Shanghai, becoming the first operator in Shanghai to publish Token computing power rate plans. The service offers two billing methods: per-usage ordering and on-demand discounts. 1 yuan corresponds to 250,000 quota points, and it supports payment via mobile phone bills. After purchase, users can call 30+ mainstream large models through a standard API, covering text and multimodal applications. For example, if you purchase 2.5 million quota points for 10 yuan, it can roughly support automatic summarization of 100 electronic books with 100,000 words each.

CryptoWorld News reports that OpenAI is launching a tool aimed at assisting the development of new bio-defense and pandemic prevention capabilities. The company will fund stakeholders to use this tool and provide startup support for epidemiological modeling, early warning, screening, emergency preparedness, non-pharmaceutical interventions, and other public health efforts.

Murphy pointed out that the current perpetual contract funding rate is about $390k per hour, far above the 7-day average of $220k, indicating high long costs and market bullish sentiment; if the price struggles to rebound, some longs may be forced to close their positions. Open interest is decreasing, and liquidation and deleveraging are ongoing; if the price falls below a key support level again, it could trigger a chain of liquidations and long squeezes. Overall, the risk of downward squeeze is greater than upward short covering; spot demand and on-chain activity are relatively low, so leverage trading should be approached with caution. For those dollar-cost averaging into spot or gradually building long-term positions, maintaining the current strategy is advisable.

a16z indicates that Ethereum continues to lead in the tokenized asset space, consistent with its first-mover advantage in DeFi and institutional adoption. Currently, the tokenized asset sizes on major chains are: Ethereum $15.7 billion, BNB Chain $4 billion, Solana $2.2 billion, Stellar $1.7 billion, Liquid Network $1.5 billion, XRP Ledger, ZKsync Era, and Arbitrum each approximately $1 billion. a16z points out that tokenized assets are not concentrated on a single blockchain but are spreading across multiple chains based on standards such as cost, liquidity, and compliance, and a multi-chain coexistence pattern is taking shape.

AIMPACT proposes a systematic approach to transforming post-training inference models into Olympic-level problem solvers, consisting of three steps: supervised fine-tuning with inverse perplexity curriculum to instill proof search and self-checking; then extended with two-stage reinforcement learning; and finally scaled-up during testing for enhancement. Applied to the 30B-A3B backbone, using approximately 340k sub-8K trajectories for supervised fine-tuning, followed by 200 steps of RL, resulting in SU-01. This model can perform stable reasoning on difficult problems, with trajectories exceeding 100k tokens, achieving gold medal levels in competitions such as IMO, USAMO, and IPhO, and demonstrating cross-domain scientific reasoning generalization beyond mathematics and physics.

BlockBeats News, May 25 — According to CCTV reports, on the 25th local time it was learned that after the Iranian delegation led by the Speaker of the Islamic Consultative Assembly, Kalibaf, concluded its meetings in Doha, the capital of Qatar, it will return to Tehran tonight. It is reported that the relevant agenda for the delegation in Qatar has now been completed.

CoinWorld News: After BOE Zhuhai Jingxin’s Mini LED production lines have reached full capacity, the company expects annual output value to reach 5 billion yuan, with annual tax payments of about 500 million yuan. Zhuhai Science and Technology Industry Group said Zhuhai is accelerating the formation of a complete display industry chain covering chip manufacturing, packaging and testing, and terminal applications. In the micro LED “golden track,” Huacan Optoelectronics’ micro LED high-end chip integrated project with a total investment of 5 billion yuan has been implemented in Zhuhai. The world’s first 6-inch micro LED mass-production line has achieved large-scale delivery, and BOE Zhuhai Jingxin’s Mini LED production lines continue to expand capacity. Zhuhai Science and Technology Industry Group is the second-largest shareholder of Huacan Optoelectronics, and in May 2021 it invested nearly 3.4 billion yuan to take a strategic stake in the company.

Mars Finance News, on May 24th, according to Onchain Lens monitoring, a whale is 25x long on 2,700 ounces of gold, worth $12.6 million.
The whale also holds a 20x leveraged short position on crude oil, with unrealized profits exceeding $324k.

On May 24, Tesla China officially renamed FSD to “Tesla Assisted Driving.” The page no longer labels FSD or Autopilot, and the price still stands at 6.4 ten-thousand yuan (i.e., 64,000 yuan). Due to domestic regulatory restrictions, China’s L2-level systems must be monitored by the driver throughout the entire time and cannot be left unattended; previously, they were referred to as FSD, FSD intelligent assistance, and other names.

Mars Finance News: According to Decrypt, publicly traded video game and collectibles retailer GameStop (GME) has submitted documents to the SEC requesting shareholder approval to increase the authorized common shares from the current 1 billion to 2.5 billion shares to enhance financial flexibility. This proposal is one of five proposals to be voted on at the annual shareholder meeting scheduled for July. This move could give the company more leverage in its acquisition of eBay, which was previously rejected.