I am very glad to meet CZ in Tokyo. This is his return to Japan after 7 years, and during this time, the entire industry has undergone tremendous changes.
At this event, I asked CZ a question: How do you view the on-chain of everything and the tokenization of stocks?
He replied: There have not yet been large-scale coin-stock products on the market. The possible reason is that each country and region has different policies, making it difficult for coin-stock investors to receive dividends and easily redeem stocks. There are also price differences during trading. However, projects on the chain are usually global in nature, which was a significant pain point back then.
Restrict areas or try to solve it?
But he reiterated that the trend of RWA cannot be stopped. $BNB
An 8-year veteran practitioner tells you: How to spend the industry's garbage time
The market has gradually become quiet recently. Many colleagues have expressed that they can’t see the direction clearly or are forced to be friends with time. This is actually not the first time. Looking back, since I entered the circle in 2016, I seem to have experienced four major garbage cycles. Although I often comfort myself in my heart that all this will pass, the positive cycle will come back, and liquidity will come back, but when we are really in the garbage time, we will feel more or less depressed or helpless. Winter in Zhongguancun. The first garbage time was when I entered the circle. At that time, the industry had just shifted from the cold winter of 2015 to the recovery period of 2016. OKCoin and Huobi, located in Zhongguancun, also stopped layoffs. The market was gradually recovering, and exchanges finally had positive income.
Didn’t think the rumors about iFLYTEK were true? In the evening, multiple media outlets confirmed that Han Yuchen, Deputy General Manager of Public Relations at iFLYTEK, has been dismissed from his position.
And during the day, a post about an affair involving an iFLYTEK female employee—her husband revealing chat records showing his wife had an affair with her boss—spread across various social groups.
Strategy, the world’s largest Bitcoin reserve company, after a gap of 2 months, finally disclosed another Bitcoin purchase. Over the past period, the company had cumulatively sold 6,916 Bitcoins, but this time it bought back 4,603 Bitcoins from the market, increasing its reserves to 845,000 Bitcoins.
The cash for this round of buying still comes in an ATM format—selling off its own common stock of MSTR.
Some people in the comments said that overseas companies use remote monitoring like this, and that this approach is too conservative. In fact, the version from domestic top-tier companies is definitely more advanced.
A classic example is from a platform previously mentioned: in an office restroom, outside the card-access turnstile, time was not counted once you went out.
AB Kuai Dong
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Billionaire John Morgan said he found a way for employees who don’t want to work in the office. If anyone wants to work remotely, he installs a monitoring camera on their computer and counts the number of mouse clicks, then calculates a score based on work behavior.
The result was unexpected: within a week, 23 employees quit. He complained that these people just don’t want to work—not simply that they don’t want to work remotely.
ByteDance AI team is really in trouble. Multiple media outlets have confirmed that the virtual incentive shares ByteDance has granted to the Doubao team have risen from $13 in April to $17, an increase of 30%. Meanwhile, over the same period, the company’s internal stock options—within the broader group—only moved slightly from $229.5 to $235.5, a gain of just 2.6%.
These virtual shares are priced based on the valuation of the Doubao business. Upon maturity, they are repurchased at the internal price. With gains like this continuing, it will make a batch of people financially independent.
Chinese-made chips really have a price advantage! In GLM’s mid-term report on the company’s release of its Zhipu, it admits that by using domestic chips at large scale, the company has significantly reduced the inference cost of its AI models.
Currently, it has deployed about 100,000 Chinese-made chips. Combined with its own infrastructure and software optimizations, the cost in compute required to generate each Token has dropped by 80% compared with the beginning of the year.
It seems that the official accounts in China are cooling down the hype. Since they created the entry themselves, they rebut and deny it themselves, and they repeatedly meme about Tong Tian’s trending popularity.
The founder of the sexual repression theory, Feng Ge, was temporarily banned from speaking by the platform.
Billionaire John Morgan said he found a way for employees who don’t want to work in the office. If anyone wants to work remotely, he installs a monitoring camera on their computer and counts the number of mouse clicks, then calculates a score based on work behavior.
The result was unexpected: within a week, 23 employees quit. He complained that these people just don’t want to work—not simply that they don’t want to work remotely.
To prevent package swapping, e-commerce merchants overseas have recently been adopting a new approach to shipping packaging.
In addition to standard anti-counterfeit codes, they have introduced a set of special tamper-evident heat-sensitive adhesive labels. If someone uses a hot-air gun to try to untie the labels and open the package during delivery, the labels on the packaging will permanently turn pink.
According to the latest display on Google Maps, the former Lake Ontario has been renamed the United States Lake. This is the second time Google has cooperated with Trump on renaming, following the renaming of the Gulf of Mexico to the Gulf of the United States.
Next, if the Pacific Ocean is also renamed by Trump, we will soon see the text “United States Ocean” on Google Maps.
Finally know who’s been sweeping up all the Macs. A report confirms that ChatGPT’s parent company, OpenAI, is mass-buying Mac minis and Mac Studios on the market—already reaching tens of thousands of units—while urgently hoping to purchase more.
As for Claude, its parent company Anthropic leases Macs through Amazon Web Services (AWS). This sudden surge in demand has driven overall Mac sales revenue up 29%, making it Apple’s fastest-growing business.
Astra Nova, an online school that Musk helped drive forward, has recently surprisingly opened a new admissions round. By this October, it is set to enroll students aged 11 to 18.
The assessment requirements are that the child chooses a question—for example, whether aliens should reply to a message, or whether a robot winning counts as being the champion—then the child chooses a position on it and records a video.
The downside is that the tuition is extremely expensive; if you choose the full-year online program plus on-site work course sessions, it’s a substantial expense.
How much are the internship salaries for top-tier market-making traders on Wall Street this year? This year, Jane Street Capital in the U.S. has a software engineering intern position with a monthly salary of $25,000—equivalent to an hourly wage of $144.23. In addition to a contract, there’s also a $25,000 signing bonus. The company provides housing too—talent is being competed for to an extreme degree.
So terrible—every year Baidu holds a student programming contest for university students. This year, it disclosed the first batch of 49 cheaters and 63 violators.
But the year before that, there were only 30 people involved in cheating or violations…
The peak-period Evergrande headquarters’ top-floor clubhouse.
Covering floors 41, 42, and 43, it features a private elevator and fully enclosed access control. From the dining room and screening hall to the Yayu tea pantry and private lounge, it was later vacated and dismantled after the Evergrande crisis erupted 21 years later.
That’s brutal. This year’s crop of university professors have reportedly found ways to prevent students from cheating with AI. A business professor at the University of Sydney secretly embedded a line of tiny white text—so small it’s invisible to the naked eye—in the assignment document they sent to students.
The content was essentially: in certain respects, is India or Madagascar better than South Korea? But the actual question clearly asked students to analyze how a particular ice cream company could enter the South Korean market.
It has nothing to do with India or Madagascar at all.
And if students don’t read the original file carefully and just feed the entire document to an AI, the AI may read and execute that hidden text. Then, if the student submits the AI-generated results, the professor can spot at a glance that the student used AI to write the assignment.
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