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NVIDIA’s venture capital arm NVentures participated in the Series D extension financing of Legora, an AI platform for lawyers.
AIMPACT News, May 3 (UTC+8), Nvidia has added another piece to its artificial intelligence portfolio, with its corporate venture capital arm NVentures investing in Legora, reportedly its first investment in the legal AI sector. Legora is a Swedish-founded legal technology startup that uses AI to help lawyers improve their efficiency and competes with U.S. company Harvey. With Atlassian and other new investors participating, NVentures joined Legora’s shareholder structure and participated in its $50 million extended Series D financing. This round came just one month after the company completed its $550 million Series D financing last month. During this period, Legora, which was once selected for Y
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BlackRock submitted a comment letter to the U.S. Office of the Comptroller of the Currency, urging it to abandon the idea of imposing a quantitative cap on tokenized reserves.
ME News, May 3 (UTC+8), ME News, May 3 (UTC+8), BlackRock submitted a comment letter to the U.S. Office of the Comptroller of the Currency (OCC), opposing several restrictions on reserve assets proposed by the agency in the draft implementing rules for the GENIUS Act. BlackRock urged the OCC not to impose quantitative limits on tokenized reserve assets; the agency had proposed a possible cap of 20%. BlackRock said such a restriction was “unrelated” to the OCC’s objectives, arguing that the risk profile depends on credit quality, duration, and liquidity, “rather than whether the assets are held or transferred on a distributed ledger.” BlackRock also urged the OCC to explicitly confirm whether ETFs that invest only in eligible reserve assets, such as Treasury ETFs, qualify as reserves under Section 4 of the GENIUS Act.
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Injective: No On-Chain Attack Occurred; INJ and User Funds Remained Safe Throughout the Upgrade
Injective officially stated that a rapid network upgrade took longer than expected, but the entire chain, INJ assets, and consensus were not attacked, and user and staked funds remain safe. Some validators were temporarily disabled for failing to complete the upgrade within the specified window, causing the displayed staked amount to decline. A few exchanges suspended deposits and withdrawals to update their nodes, but no losses of staked INJ occurred. The upgrade was prompted by the exploitation of binary options markets in a small number of ecosystem applications, and the attack did not affect the core chain. The team has patched the vulnerability and will introduce stronger constraints, real-time monitoring, and security protection mechanisms.
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CryptoQuant Head of Research: Perpetual futures contracts are the sole driver of Bitcoin’s April price increase
ME News, May 3 (UTC+8) — CryptoQuant Head of Research Julio Moreno stated in a report that Bitcoin’s price rise in April was mainly driven by demand for perpetual futures contracts, rather than growth in spot market demand. In his view, this phenomenon typically occurs in bear markets and is unlikely to support a long-term uptrend. Moreno emphasized that increased futures demand and declining spot demand are a clear signal in on-chain metrics, indicating that this rally is more speculative, with leverage serving as the primary driver of the price increase rather than an inflow of new capital. He warned that historically, this type of demand structure is unlikely to support a sustained rise; if futures positions are unwound, prices typically undergo a correction. CryptoQuant added that the current demand pattern resembles the situation at the beginning of the 2022 bear market and carries significant downside risk. (Source: MLion)
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10x Research Founder: BTC Holds Above Short- and Medium-Term Moving Averages, Dominance Above 60% Signals Bullish Momentum
ME News, May 3 (UTC+8) — 10x Research founder Markus Thielen posted on X that Bitcoin has currently risen above its 7-day and 30-day moving averages, with both short- and medium-term trends remaining bullish. It has gained 1.1% over the past week, and news of continued institutional buying and large companies continuing to increase their Bitcoin treasury holdings has further boosted market confidence. However, affected by the historical pattern of “selling on the news,” the market subsequently entered a brief consolidation. Markus Thielen analyzed that, with Bitcoin dominance remaining above 60%, some altcoins are quietly forming bottoms amid fundamental catalysts, especially privacy coins and
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Argentina Plans to Improve RWA Tokenization Regulations and Expand the Scope of Applicable Financial Instruments
ME News reports that on May 3 (UTC+8), Argentina’s National Securities Commission (CNV) proposed Draft General Resolution No. 1137, suggesting improvements to its regulations on RWA tokenization and expanding their scope to allow more types of financial instruments to operate using distributed ledger technology in the country. Before this announcement, the existing legal framework only allowed the digital representation of specific financial instruments. The current resolution removes this restriction, allowing any closed-end mutual fund with authorization for an automatic public offering to migrate to a digital asset format. In addition, the resolution extends the regulatory sandbox period to December 31, 2027. This controlled experimental space is crucial for fintech companies, allowing them to test new business models related to digital currencies and Bitcoin technology without being fully constrained by traditional regulatory frameworks, thereby enabling regulators to in a number of
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B.AI boosts subsidies: recharge and receive an equal 1:1 bonus, easily unlocking Justin Sun’s brain.
ME News, May 3 (UTC+8) — According to official information, B.AI launched a major upgrade to its recharge rewards campaign on May 3, introducing a limited-time 1:1 recharge bonus mechanism. Users receive an equal amount of credits with every recharge, enabling access to cutting-edge large models and Web3 trading skill packages such as GPT-5.5, Claude Opus 4.7, and “Sun Ge Brain” at an effectively 50% discount. This campaign completely removes the first-recharge restriction: every recharge automatically receives an equal bonus, with each user eligible to accumulate up to $100 in free credits. The platform releases a $10,000 daily points subsidy pool on a first-come, first-served basis, with the pool limited across the entire network and reset daily. Starting today, visit http://b.ai to unlock top-tier computing power at the lowest cost and unleash the unlimited potential of AI Agents and the on-chain ecosystem. (Source: Tron
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Buffett: The current investment environment is not ideal; the real time to buy is “when nobody else answers the phone”
ME News, May 3 (UTC+8),, Buffett candidly admitted in an interview that the current investment environment is not ideal, and high market prices are one of the main reasons he is staying on the sidelines. He also acknowledged that, as he has aged, the proportion of industries he can deeply understand is lower than it was 10 years ago------for fields mastered by young people who have grown up with new technologies, he no longer expects to have an edge. Despite this, he emphasized that Berkshire has the ability to make quick decisions and can undertake transactions of any size, but is simply waiting for the right opportunity. Buffett said the most likely time to buy is when everyone else stops answering the phone. Over the course of his 60-year career, there may have been only five truly “lucrative” years. He recalled the real Wall Street ecosystem during market crashes: everyone bragged about their excellent trading departments. But when the market crashed, trying again…
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Nvidia’s venture arm NVentures participated in the Series D extension financing of Legora, an AI platform for lawyers.
AIMPACT News, May 3 (UTC+8), Nvidia has added another piece to its AI portfolio, with its corporate venture capital arm NVentures investing in Legora, reportedly marking its first investment in the legal AI sector. Legora is a Swedish-founded legal tech startup that uses AI to help lawyers improve their efficiency and competes with U.S. company Harvey. With Atlassian and other new investors participating, NVentures joined Legora’s shareholder base in its $50 million Series D extension round. The financing came just one month after the company completed its $550 million Series D round last month. During this period, Legora, which had previously been selected for Y
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CryptoQuant Head of Research: Perpetual futures contracts were the sole driver of Bitcoin’s price rise in April
ME News, May 3 (UTC+8) — CryptoQuant Head of Research Julio Moreno stated in a report that Bitcoin’s price increase in April mainly relied on demand for perpetual futures contracts, rather than growth in spot market demand. In his view, this phenomenon typically occurs in bear markets and is difficult to sustain a long-term rally. Moreno emphasized that the increase in futures demand and decrease in spot demand is a clear signal in on-chain metrics, reflecting that this rally is more speculative, with leverage serving as the main driver of the price increase rather than an inflow of new funds. He warned that historically, this type of demand structure is unlikely to support a sustained rise; if futures positions are unwound, prices typically undergo a pullback. CryptoQuant added that the current demand pattern resembles the situation at the beginning of the 2022 bear market and carries significant downside risk. (Source: MLion)
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Bitcoin rose 25% in August, marking its third-best August performance on record.
ME News, September 2 (UTC+8) — Bitcoin gained approximately 25% in August, recording its third-best August performance in history. André Dragosch, head of European research at Bitwise, posted on X on September 1 that Bitcoin’s August return was 25%, surpassed only by approximately 65.6% in August 2017 and approximately 30.7% in August 2013, adding that there had been “no ‘summer slump.’” Multiple analyses show that June through September is typically a period when Bitcoin underperforms for the year. Bitcoin’s volatility remained subdued in June and July this year, with its price at one point falling below $65,000. The market turned in mid-August, when the U.S. Treasury Department stated that, due to pressure in the fixed-income market and yields rising to levels not seen in nearly 20 years,
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Guangzhou’s Nansha Launches the “International Data Port” Pilot, Exploring New Paths for “Overseas Data, Domestic Computing” and “Token Globalization”
On September 2, Nansha, Guangzhou, launched a pilot program for international cooperation in the national data sector, building an integrated four-in-one system of infrastructure, rules, platforms, and ecosystem to advance data collaboration across Guangdong, Hong Kong, and Macao. It introduced models such as the Data Processing Factory and Token Going Global, enabling domestic computing with external data through localized deployment of large models and server rack isolation, and launched Token Loans. The Guangzhou Data Exchange and other organizations signed international data cooperation agreements, while Diandong Digital Technology invested more than 4 billion yuan in Nansha to build a 10,000-PAI intelligent computing cluster, providing rule-of-law support.
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Founders Fund’s fourth growth-stage investment fund completes a $6 billion raise, its largest ever
According to ME News, on May 3 (UTC+8), Peter Thiel’s Founders Fund announced that its fourth growth-stage investment fund, Founders Fund Growth IV, had successfully raised $6 billion. The funds will be used to support late-stage companies, marking the largest fundraising in the institution’s history. Of the total, $4.5 billion came from limited partners, such as sovereign wealth funds, while the remaining $1.5 billion was contributed by Founders Fund’s senior management and employees, including founder Peter Thiel
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10x Research Founder: BTC Holds Above Short- and Medium-Term Moving Averages, While Dominance Above 60% Signals Bullishness
ME News, May 3 (UTC+8) — 10x Research founder Markus Thielen posted on X that Bitcoin is currently above its 7-day and 30-day moving averages, with both short- and medium-term trends remaining bullish. It has risen 1.1% over the past week, while news of continued institutional buying and large companies continuing to add Bitcoin to their treasuries has further boosted market confidence. However, influenced by the historical pattern of “selling the news,” the market subsequently entered a brief consolidation. Markus Thielen analyzed that, with Bitcoin dominance remaining above 60%, some altcoins are quietly bottoming out on fundamental catalysts, especially privacy coins and
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BlackRock submitted a comment letter to the U.S. Office of the Comptroller of the Currency, urging it to abandon the idea of imposing quantitative caps on tokenized reserves.
ME News, May 3 (UTC+8), ME News, May 3 (UTC+8), BlackRock submitted a comment letter to the U.S. Office of the Comptroller of the Currency (OCC), opposing several restrictions on reserve assets proposed by the agency in its draft implementing rules for the GENIUS Act. BlackRock urged the OCC not to impose quantitative caps on tokenized reserve assets, as the agency had proposed a possible cap of 20%. BlackRock said such a restriction was “unrelated” to the OCC’s objectives, arguing that the risk profile depends on credit quality, duration, and liquidity, “rather than whether the assets are held or transferred on a distributed ledger.” BlackRock also urged the OCC to explicitly confirm whether ETFs that invest only in eligible reserve assets, such as Treasury ETFs, qualify as reserves under Section 4 of the GENIUS Act.
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B.AI boosts subsidies: 1:1 matching bonus on deposits, easily unlock Sun Ge’s brain
ME News, May 3 (UTC+8) — According to the official announcement, B.AI launched a major top-up benefits upgrade on May 3, introducing a limited-time 1:1 top-up bonus mechanism. Users receive an equal amount in bonus credits upon topping up, enabling ultra-low-cost access equivalent to 50% off for cutting-edge large models and Web3 trading skill packages, including GPT-5.5, Claude Opus 4.7, and “Sun Ge’s Brain.” This campaign removes the first-top-up restriction entirely: every top-up automatically earns an equal bonus, with each user eligible to receive up to $100 in free credits cumulatively. The platform releases a $10,000 daily points subsidy pool, available in limited quantities across the network, resetting daily on a first-come, first-served basis. Starting today, visit http://b.ai to unlock top-tier computing power at the lowest cost and unleash the limitless potential of AI Agents and the on-chain ecosystem. (Source: Tron
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Iranian Armed Forces: We Will Launch a Devastating Strike Against the United States
Iran’s General Staff of the Armed Forces responded to the U.S. airstrikes, saying it would launch crushing and devastating attacks against America’s enemies and warning that the United States would suffer even greater losses. Iran emphasized that it would not abandon the rights of its people and would impose a heavy price on America’s enemies.
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NVIDIA’s venture capital arm NVentures participated in the extended Series D funding round for Legora, an AI platform for lawyers.
AIMPACT News, May 3 (UTC+8), Nvidia has added another piece to its AI portfolio, with its corporate venture capital arm NVentures investing in Legora, reportedly its first investment in the legal AI sector. Legora is a Swedish-founded legal tech startup that uses AI to help lawyers improve their efficiency and competes with U.S. company Harvey. With Atlassian and other new investors participating, NVentures joined Legora’s shareholder base in its $50 million Series D extension round. This round came just one month after the company completed its $550 million Series D financing last month. During this period, Legora, which was once selected for Y
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Trump: We are striking Iran; if it dares to retaliate, there will be very little left of Iran.
Reports say Trump claimed on social media that the U.S. military had carried out massive strikes on Iranian targets near the Strait of Hormuz in response to Iran laying mines in the strait and launching eight missiles at a U.S. base in Jordan, all of which were intercepted. He warned that Iran would face even more devastating strikes if it retaliated, adding that a final strike was being prepared and that Iran would have very little left.
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