Huang Renxun’s company $12.9 billion—buying the GitHub of the AI world
Today the agreement has been signed: Nvidia will acquire Hugging Face for approximately $11.9 billion, plus up to $1 billion for employee retention, for a total of nearly $13 billion
A year ago, Hugging Face still refused Huang’s $500 million investment, saying that a major shareholder would undermine neutrality; nine months later, the entire company was sold
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Hugging Face’s annualized revenue is only $150 million
What’s expensive is the entry point:
〓 Millions of open-source models 〓 Tens of millions of developers
Closed-source giants are developing their own chips—what Huang is trying to lock down is where the next wave of compute power will come from
→ John Ternus @johnternus officially takes over as Apple CEO → Tim Cook @tim_cook moves to Executive Chairman
Apple officially enters the “John Ternus era”
John Ternus has worked at Apple for more than 25 years, rising from Hardware Engineering Head to CEO by relying on persistence. From here on, keep an eye on him—at Apple’s 18th keynote debut, I hope there will be more new things. After all, I’ve been an Apple user for nearly 20 years
Where will Apple go next? It’s worth paying attention
What’s the real difference between Midas Markets and TradingView?
To be frank, these two aren’t even in the same category—you can’t really compare them directly.
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1. What Midas does is use AI to break market news down and feed it to you
Stocks, crypto, tokens, commodities—the official wording is: Realtime market news and intel synthesized by AI. It also has a slogan: all markets, one account, one touch.
Think about it: if you’re watching four or five markets at the same time, the most annoying thing is that information gets scattered everywhere. Midas’s value is essentially compressing all of that into a single interface—helping you sift through it—then decide whether you want to dig deeper.
2. TradingView looks completely different
Charts, smart alerts, filters, a calendar—100+ brokers integrated directly. It’s a complete hub that lets you analyze and then place orders. If you’re the type who likes to draw two lines first and then form your view, this ecosystem is still the industry benchmark.
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So how should you choose?
From my own experience: if you want to quickly understand what’s happening in the market, Midas is a high-efficiency entry point.
If you want your decisions to truly be built on charts and signals, TradingView is more solid.
Honestly, I can’t really make the call for you. It depends on what kind of trading style you have. They don’t replace each other—they complement each other. One shortens your research time, and the other helps you verify and execute.
And taking it further, a hundred-plus years ago, traders crowded around telegraph machines waiting for market updates—whoever saw the information first had the advantage. Putting it in today’s context, it still feels like that…
Midas smooths out the information gap, and TradingView turns judgment into action. The best combination is using both together.
After you trade gold, oil, even SpaceX, you’re not using USDT—but $USD1 , right?
Aster @Aster_DEX launches the first batch of USD1-denominated RWA perps:
〓 SpaceX 〓 Oil 〓 Gold 〓 US stocks 〓 Korean stocks
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To build the market, WLFI @worldlibertyfi put up 250 million $WLFI tokens. Then Aster adds 12.5 million USD1 to support liquidity. More RWA trading pairs will be added afterward.
But I think the key isn’t only RWA.
It’s that USD1 is starting to grab a place in the “trading capital.”
Why is USDT so strong?
Because you basically don’t even need to think about why to use it: it’s already in your account, and the trading pairs are already there.
That’s the strongest network effect.
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Earlier, WLFI has been constantly shoring up USD1’s issuance, custody, and reserve—these foundational infrastructures. Now comes another piece of the puzzle:
Make gold, oil, stocks, and even SpaceX directly tradable with USD1.
If that works, USD1 won’t just be fighting for rankings by stablecoin market cap.
What it wants is to become the default currency on the trading desk.
Just got back from out of town, and I haven’t had time to unpack and tidy my luggage. Yesterday, the盘主 @thecryptoskanda_ went ahead and gave me a heads-up recommendation first. So I did one real thing first:
I stuffed 10,000 USD into the Genesis vault of @Hertzflow_xyz, the one belonging to盘主 @thecryptoskanda_ and made public.
I actually quite like this way of playing. The official has given it a really interesting name:
Deposit to earn merit 😂
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Right now, two limited vaults are open: $USD1 and $U . The allocation is first-come, first-served, with 1 day left.
→ Besides deposit earnings, later you can also receive Tokens + vault position capacity. It’s like placing a spot ahead of time for the mainnet launch.
→ The funds themselves can be withdrawn anytime. If you hold the pre-deposited LP for 90 days, you can directly get a 10× Merit Boost.
This time I’m mainly going after $USD1 —I’ve also been managing my finances/investing funds.
→ In addition to the future benefits, you can also get a $WLFI cash reward: APY 16%. And the returns aren’t just pie-in-the-sky—your backend dashboard can show the numbers rising in real time.
As for the vault’s APR itself, the official site hasn’t displayed it officially yet.
We’ll have to wait until tomorrow, the 24th—after mainnet trading opens, everything will be revealed. The rumor is it won’t be low, and that actually makes me more excited. If it opens again by then, I’ll add more.
I’ve been a “sucker” for too long—it’s about time I tried what it feels like to be the market maker 💪
Aligned Layer finally is about to TGE, and ALIGN goes live tonight.
Let me briefly explain what it’s for.
Aligned Layer is a ZK verification layer built on top of EigenLayer. Its core addresses one problem:
→ ZK proof verification is too expensive.
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It can borrow the security of Ethereum validators, but without fully having to bear Ethereum’s costly verification costs. For projects like L2s and cross-chain bridges that constantly need to verify lots of proofs every day, it’s essentially like getting a discount on verification fees.
$ALIGN is finally about to TGE
⏰ 8:00 PM Beijing time on August 20. See you there.
Turning things upside down—Coinbase’s institutional business veteran went to work for WLFI’s stablecoin?
Ryan Ballantyne has some serious credentials.
With over 30 years of experience in capital markets, derivatives, asset management, and digital assets, his background spans both traditional finance and the crypto industry.
🅰️ 🅺️ 🅸️ 🅸️
Now, this seasoned driver has officially switched cars.
World Liberty Financial (@worldlibertyfi) has announced the appointment of Ryan Ballantyne as Chief Business Officer, responsible for the company’s global business strategy, partnerships, and driving the adoption of USD1 across payments, corporate treasury, capital markets, and the on-chain economy.
On the left are banks, public companies, and asset management institutions. On the right are stablecoins, on-chain trading, and DeFi.
His job is to truly connect the two sides.
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If USD1 is really able to move from the stablecoin market into payments, corporate treasury, and capital markets, then what WLFI is facing won’t be just USDT and USDC—it will be the traditional financial system.
So what I’m more focused on this time isn’t “they hired an executive.”
It’s that WLFI is filling in its institutional finance puzzle.
Product is one thing.
Whether someone can sell the product into institutions is another.
Today @worldlibertyfi received conditional approval from the OCC
Many people don’t know what the OCC is ⬇️
The OCC is the Office of the Comptroller of the Currency, meaning:
If a company gets an OCC national bank charter, it means it enters the U.S. federal banking regulatory system—not just obtaining some financial license from a single state.
This opens up a whole new world of possibilities for what we can build and how far USD1 can expand.
This isn’t the finish line—it’s the unlocking of WLFI’s next phase
Due to the typhoon, it’s been overcast and rainy in Inner Mongolia for days 😂
When I’m free, I visit my friend’s elder relatives. My grandma cooked a whole table full of delicious dishes with her own hands—the taste is really amazing
Older people may not fully understand your moods, but they’ll still put thought into making sure your stomach is taken care of just right. I guess that’s what warm affection across generations is like 🥰
First I saw how Big Sister Jia created a USD1 group.
In just a few days, the number of members has already broken 5,000—hype is really moving fast.
I have to say, Binance Square’s traffic from this wave is indeed very powerful.
On one hand, the wealth-making effect of USD1 has continued to ferment during this period. On the other hand, Big Sister Jia has always been willing to share and is also willing to bring everyone along to play—so naturally, people gather together.
Oh, and a quick reminder: the event from August 4 to August 8 is still ongoing.
I’ve already seen quite a few friends win—everyone gets $1,000. In a bear market, to still have benefits like this is really something.
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Speaking of Binance Square, let me also share my own experience.
I started steadily building Binance Square thanks to a recommendation from powerpei. From zero followers to now 15,000, my biggest feeling is: the traffic is real.
My goal is also very simple—keep delivering content consistently, and by the end of the year reach 30,000 followers.
So I’m understanding more and more why yingge has always encouraged everyone to come and build Binance Square.
〓 This isn’t just a place to gradually accumulate your own influence.
〓 It also helps you meet more peers.
〓 Many projects will proactively reach out to collaborate with creators who have content and traffic.
Simply put, you’re building your personal brand while creating content, and there are opportunities to get project collaborations and various event rewards. It’s definitely something worth sticking with long-term.
“After all the messing around, USD1 returns are the only thing that didn’t deceive you.” Do you agree?
The last time I saw “Hmm” @EnHeng456 get tricked by someone who said SpaceX would pay him, my first reaction was: damn it, here comes another one where the tuition was paid. But I didn’t expect that after some time, when I checked his tweets again, he listened to the advice. I started showing off my USD1 profits. Sure enough, you can teach people but they won’t learn; you teach them through events and it works—one lesson, and it’s spot on. ———————————— The other day I went through my own tweets from this year so far, and suddenly I noticed something kind of interesting. On Binance, USD1 seems like it’s no longer some kind of event. It’s more like a thread running through most of my daily life for half a year.
In the morning, I wore hollow/vented clogs to go buy groceries. By afternoon, symptoms of a fever appeared, so I went to a pharmacy to buy some medicine. The clerk told me that lately there have been a lot of 🐑 cases.
Take good care of yourself, friends. When you go to crowded places, be sure to wear a mask 😷
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