Blockbeats

Blockbeats

Tomorrow’s news rhymes on BlockBeats.

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NewsThe Russian central bank proposes allowing Bitcoin, Ethereum, and USDT to be traded on regulated trading platforms
BlockBeats news, on August 11, the Russian Central Bank has drafted a list of crypto assets, proposing to allow these assets to be publicly traded on trading platforms according to the new regulations approved last week. The Russian Central Bank stated on Tuesday that the list includes Bitcoin, Ethereum, and USDT. The Russian Central Bank said these assets meet relevant admission criteria, including market capitalization, average daily trading volume, and having at least 5 years of price history in overseas markets. This proposal stems from a new law signed by Russian President Putin on August 4. The law grants the Russian Central Bank the authority to decide which digital currencies can enter organized trading markets and to establish related trading rules.
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Blockbeats
NewsNVIDIA is developing a new Nemotron 4 open-source AI model
BlockBeats news, on August 11, according to The Information, Nvidia (NVDA.O) is developing a new Nemotron 4 open-source AI model. Several Nvidia employees involved in the NEMOTRON project development stated that they expect the largest NEMOTRON 4 model to have at least 1 trillion parameters.
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Blockbeats
NewsNorwegian Fund CEO: Market is "abnormal," 2 trillion assets may go to zero
BlockBeats news, on August 11, the CEO of Norway's sovereign wealth fund reiterated on Tuesday that the fund's $2 trillion in assets could suffer unexpected significant losses, or even be completely wiped out: "We are in an abnormal state, but despite many challenges, the financial markets continue to rise."
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Blockbeats
NewsYushu Technology's online winning rate is less than 1/26 of Changxin Technology's
BlockBeats news, on August 11, the online and offline lottery results for Yushu Technology were announced. The online winning rate was 0.01809759%, which is relatively low among the 93 new stocks listed this year; the offline investor allocation ratio was 0.03341824%, ranking sixth among the 46 new stocks with offline subscriptions this year. As of now, the highest online winning rate for new stocks this year is Changxin Technology, at 0.47141739%. Yushu Technology's online winning rate is 3.8% of Changxin Technology's, less than 1/26; the offline winning rate is 19% of Changxin Technology's, less than 1/5. It is worth noting that the final online issuance quantity of Changxin Technology accounts for about 63.93% of the issuance quantity after the full exercise of the overallotment option and deduction of the final strategic placement quantity; while Yushu Technology's final online issuance quantity accounts for about 30% of the issuance quantity after deducting the final strategic placement quantity. (Yicai)
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Blockbeats
NewsU.S. stock pre-market news overview: Anthropic plans to go public in September or early October, Intel expands its stock fundraising scale to $20 billion
BlockBeats news, on August 11, the key pre-market news for US stocks on Tuesday is as follows: 1. Anthropic is reportedly planning to go public in September or early October and is holding pre-IPO meetings with potential investors; 2. BlackRock: Bitcoin market sentiment is shifting, with a gradual decoupling trend from US stocks becoming apparent; 3. Pakistan stated that the US and Iran are close to reaching some kind of arrangement. 4. Micron executives: Memory supply shortages next year will be more severe than this year; 5. Intel announced an expansion and pricing of a $20 billion common stock issuance, with the company issuing 210,526,315 shares at $95 per share; 6. Jensen Huang responded to doubts about "NVIDIA plans to build an independent financing platform to mobilize over $500 billion in third-party capital long-term to support AI infrastructure construction," stating that the demand is real and AI factories are becoming investable infrastructure assets; 7. Morgan Stanley: If US inflation cooling is below expectations, it may exacerbate concerns about interest rate hikes.
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Blockbeats
NewsSwiss National Bank's US stock holdings hit a new high, with Nvidia, Apple, and Microsoft ranking top three
BlockBeats news, on August 11, the value of the Swiss National Bank's US stock foreign exchange reserves increased by more than 10% in the second quarter, reaching the highest level on record. According to the 13F-HR filing submitted by the Swiss National Bank to the US Securities and Exchange Commission on Tuesday, as of June 30, the bank held shares in more than 2,300 US-listed companies, with a total value of $191.4 billion. The Swiss National Bank allocates slightly more than a quarter of its foreign exchange reserves to stocks, some of which are invested in the US. The top three holdings are Nvidia (NVDA.O), Apple (AAPL.O), and Microsoft (MSFT.O). The bank also holds $716.6 million worth of shares in defense software company Palantir. Although activist investors previously demanded the sale of about $1.1 billion in Palantir holdings, the Swiss National Bank refused.
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Blockbeats
NewsRiver AI completes $1.1 billion financing, committed to building an open AI technology stack
BlockBeats news: On August 11, River AI, a full-stack AI company founded by xAI co-founder Igor Babuschkin, announced the completion of a $1.1 billion funding round. This round was led by General Catalyst and AMP PBC, with strategic investments from NVIDIA and AMD Ventures. Other investors include Y Combinator and Temasek. This funding will accelerate River AI's development of powerful personal AI and provide developers and enterprises with tools to train, fine-tune, and deploy their own AI models, truly putting AI ownership in the hands of the individuals and organizations using it. Currently, most enterprises using AI rely on general-purpose models. These models are trained on data from across the internet and designed for the broadest user base. While general models are powerful, they are not tailored to any specific enterprise. Previously, building customized models required dedicated infrastructure teams, specialized hardware, and months of time, making it unaffordable for most companies. With River's API, any enterprise can complete a complex reinforcement learning training task within 15 to 20 minutes without needing an infrastructure team. Compared to closed-source alternatives, costs can be reduced by 2 to 4 times. Click the original link below to join the Dongcha Beating · Feishu AI news channel, which monitors global AI hotspots and news 24/7.
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Blockbeats
NewsRobinhood Chain's DEX trading volume exceeded $650 million in the past 24 hours, ranking fourth across all chains
BlockBeats news, on August 11, according to DefiLlama data, Robinhood Chain's DEX trading volume in the past 24 hours exceeded $650 million, ranking fourth among all chains, only behind Solana, BNB Chain, and Ethereum mainnet.
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Blockbeats
NewsInflation data stirs market nerves, US stocks remain high awaiting Federal Reserve interest rate clues
BlockBeats news, on August 11, according to BIT (bit.com) market data, U.S. stock index futures rose slightly in pre-market trading on Tuesday, and oil prices gave back earlier gains after Pakistan signaled that the U.S. and Iran are about to reach an agreement, which is expected to ease tensions disrupting the energy market. Meanwhile, traders are awaiting key inflation data to provide guidance for the Federal Reserve's interest rate policy. Senior market analyst Daniela Hathorn wrote: "Investors are increasingly pricing in a scenario where inflation continues to slow, the Federal Reserve remains patient, and earnings growth is sufficient to support elevated valuations. If the CPI data is again moderate, it will reinforce this narrative and extend the rally; if the data exceeds expectations, it will push up U.S. Treasury yields and the dollar, forcing the market to reassess whether the recent optimism around policy and valuations is justified."
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Blockbeats
NewsCrypto-friendly bank Erebor is seeking $1.5 billion in financing, with a16z and others planning to invest
BlockBeats news, on August 11, according to the UK's Financial Times, the crypto-friendly bank Erebor Bank, co-founded by Palmer Luckey and Joe Lonsdale, is seeking $1.5 billion in financing, expected to be completed within weeks, with a pre-investment valuation target of $8 billion. Institutions such as a16z are listed as potential investors. The project's main business is to provide crypto-friendly banking services. Erebor Bank completed a $350 million financing in December 2025, with a valuation of $435 million at that time.