lake

According to Forbes, thanks to early investments in tech companies like OpenAI and SpaceX, potential buyer of the NBA's Los Angeles Lakers, Josh Kushner, has seen his wealth grow nearly threefold this year, and the assets of his firm Thrive Capital have also nearly doubled due to bets on the artificial intelligence wave. As the founder of Thrive Capital, Josh Kushner previously earned substantial returns by investing in companies such as Instagram, Spotify, and OpenAI, and has become one of Silicon Valley's most successful venture capitalists in recent years.In recent months, Josh Kushner has frequently appeared at core events in the tech and capital circles. As the investment frenzy in artificial intelligence continues, venture capital firms that own core AI assets like OpenAI and SpaceX are becoming one of the biggest beneficiaries.It is reported that Josh Kushner is currently preparing to acquire the Los Angeles Lakers with former Disney CEO Bob Iger, with the deal valued at $1.25 billion. If completed, it will become one of the most notable capital operations in the history of professional sports in North America.

According to the Industrial and Commercial Times, competition in advanced process technology for PC processors is heating up. Market news indicates that Intel's next-generation Nova Lake desktop processor will prioritize the introduction of bLLC large last-level cache to reduce access latency to system memory, competing with AMD's 3D V-Cache technology; the laptop version may be delayed until the subsequent Razor Lake-HX generation is released. The supply chain reveals that Nova Lake, set to debut early next year, will utilize a combination of Intel's 18A and TSMC's N2P processes, while the subsequent Razor Lake may further adopt TSMC's high-performance 2-nanometer N2X process.N2X is a high-performance extension of TSMC's N2 platform, targeting high-frequency CPUs, AI, and HPC applications, with transistor technology shifting from FinFET to nanosheets. If mass production is achieved, Intel's collaboration with TSMC on advanced processes is expected to extend to a broader 2-nanometer family, helping to reduce risks associated with a single proprietary process and optimize the timing and capacity configuration for high-end CPU launches.In addition to TSMC benefiting directly, related supply chains are also expected to welcome business opportunities. Sungsan is one of the few manufacturers in Taiwan capable of mass-producing its own CMP polishing pads, with a 25% year-on-year increase in consolidated semiconductor revenue in the first half of the year, rising to 66% of total revenue. Demand for Hard Pads and advanced packaging is strong, with a new Soft Pad line expected to begin trial production in the third quarter and gradually ramp up production in the fourth quarter, with products already applied in CoWoS and SoIC. Zhongsha holds CMP diamond discs and recycled wafers, reporting revenue of 2.49 billion yuan in the second quarter, a year-on-year increase of 17.9%, with gross margin rising to 40.1%, and shipments of 2-nanometer and 1.6-nanometer related diamond discs rapidly increasing.

Justin Drake posted on the X platform that Ethereum L1 will no longer use the SNARK-friendly hash function Poseidon, which has dominated since 2019, and will instead turn to traditional hash functions such as SHA2 or BLAKE2s.This adjustment is based on advancements in the field of SNARK design, shifting the focus from "SNARK-friendly hashing" to "hash-friendly SNARK." By aligning Boolean operations in traditional hashing with binary field native, the proof performance of traditional hashing in SNARK has reached 1 million per second, with an overhead of about 100 times.Research from Binius and Flock has driven relevant progress. The Ethereum Foundation's post-quantum team is advancing this route, with a roadmap that includes deploying production-level leanVM in 2027, and deploying in the consensus layer, execution layer, and data processing layer in 2028.Justin Drake also stated that the enhanced capabilities of AI in cryptanalysis have recently led to setbacks for the lattice-based scheme HAWK and the homomorphic scheme SQIsign, with hash-based schemes being used for post-quantum signatures on the blockchain. The trend of open-source automated research is also accelerating, with SNARK.fast achieving 1.8 million BLAKE3 proofs per second.

Luke Dashjr has randomly determined that BLAKE2b will be the new POW algorithm for the BIP-110 chain, expected to replace the currently used SHA-256d algorithm in Bitcoin. Compared to SHA-256d, BLAKE2b is more suitable for mining with general-purpose CPUs/GPUs, being more CPU-friendly, which can reduce the advantages of existing Bitcoin ASIC miners.Previously, it was reported that Luke Dashjr plans to officially implement the BIP-110 hard fork on September 1, making it an independent blockchain and generating a new token distinct from Bitcoin. Luke Dashjr has had his Bitcoin BIP editing permissions revoked by the Bitcoin BIP editing team.

According to Jinshi reports, OpenAI has partnered with private equity firm Clearlake Capital to accelerate the adoption of artificial intelligence in the Clearlake portfolio.

According to Catcher Predict monitoring, in the predicted market Polymarket for the "Thunder vs. Lakers" event, the "Yes" option for the sub-market "Isaiah Hartenstein: Rebounds O/U 1.5" has experienced a dramatic fluctuation in winning probability, dropping from 80.6% an hour ago to the current 56.6% (a fluctuation of 24%). Please note the impact of relevant breaking news.

Liquid Capital (formerly LD Capital) founder Yi Lihua stated on Twitter that wherever there are people, there are grievances, and wherever there are grievances, there is a community. He has heard these community stories from the parties involved multiple times, but we can only be bystanders.Yi Lihua called for the parties involved (CZ, Xu Mingxing, Li Lin, Sun Yuchen, He Yi) to resolve this historical grievance and work together to build the industry and prices. He mentioned that gossip and grievances sound exciting, but wallets are more important to everyone.It is reported that CZ mentioned past interactions with Li Lin, Xu Mingxing, and others in his new book, and discussions about the related events are currently trending on platform X.

SOL Strategies Inc. has signed a final agreement to acquire the assets of Solana native zero-knowledge technology company Darklake Labs for $1.2 million, with the transaction price consisting of $200,000 in cash and $1 million in equivalent common stock of the company.Darklake's core product Zyga is a dynamic zero-knowledge proof system native to Solana, which can achieve privacy protection at the transaction execution level and eliminate front-running and sandwich attacks. After the closing, Darklake's core team will join SOL Strategies, including CEO Vitor Py Braga (formerly of Meta and IBM), COO Amber Hales (formerly of Coinbase, with nearly a decade of compliance experience), and zero-knowledge research lead Tiago Alves.

ChainCatcher news, according to CoinDesk, cryptocurrency company Unicoin announced it will acquire a 51% stake in digital asset company Diamond Lake Minerals and plans to rename it DiamondLake, focusing on building a portfolio of altcoin assets, with a strategy similar to MicroStrategy's Bitcoin accumulation model. The deal is valued at over $70 million and is expected to be completed within 20 days.This move comes as Unicoin and its executives are being sued by the U.S. SEC for alleged securities fraud, accused of misleading investors and illegally raising over $100 million. The new entity will focus on crypto assets, reshaping its funding strategy with an emphasis on the emerging altcoin market.

ChainCatcher news, according to Cointelegraph, the blockchain company LAKE, focused on reshaping the global water economy, announced the completion of a $12.4 million financing round, with participation from Artaize Invest, EMB Venture Capital, Michel Audeban-Business Angel, and the MSM family office.Earlier this year, LAKE completed a $3 million private placement financing, expanded its workforce, and opened a new operations center in Dubai.It is reported that LAKE is an RWA project with a vision to leverage blockchain technology to improve the current water economy and promote equitable and decentralized access to water resources globally.

ChainCatcher news, according to CoinDesk, the Salt Lake City office of the U.S. Securities and Exchange Commission (SEC), which has been controversial due to a failed fraud lawsuit against DEBT Box in the cryptocurrency world, will close due to "significant employee turnover." The SEC stated that this closure is based on budget and organizational efficiency considerations and will not affect other regional offices. In the future, enforcement jurisdiction will be transferred to the SEC's Denver office.It is reported that some employees were dismissed due to this case. SEC attorneys Michael Welsh and Joseph Watkins were sanctioned by a federal judge for attempting to freeze the assets of Utah cryptocurrency company DEBT Box on misleading grounds, and both resigned in April.Previous news, a federal judge dismissed the Debt Box case, requiring the SEC to pay $1.8 million in related fees.

ChainCatcher news, Tinlake has now integrated with the OKX Web3 wallet, allowing users to invest in ERC-20 tokens and earn returns through the OKX Web3 wallet on Tinlake. Tinlake is an open, smart contract-based asset pool market that brings together asset originators and investors, seeking to harness the full potential of DeFi.It is reported that the OKX Web3 wallet is an industry-leading one-stop Web3 gateway, now supporting over 85 public chains, with a unified experience across app, extension, and web. It covers five major areas: wallet, DEX, DeFi, NFT marketplace, and DApp exploration, and supports Ordinals market, MPC and AA smart contract wallets, gas exchange, and hardware wallet connections, among others.

ChainCatcher news, ZeroSync project leader and BitVM developer Robin Linus posted on social media that we have just broadcasted the first mainnet transaction implementing the Blake3 hash lock in Bitcoin Script.It is reported that Robin Linus previously published a white paper titled: "BitVM: Compute Anything On Bitcoin", where BitVM stands for "Bitcoin Virtual Machine". It proposes a solution for Turing-complete Bitcoin contracts that can be achieved without changing the consensus of the Bitcoin network.

ChainCatcher news, recently, a report titled "Alumnus Fails to Fulfill 11 Million Yuan Donation and is Sued by Alma Mater" has attracted attention. In response, the party involved, Wu You, stated that the failure to fulfill the donation was due to his Bitcoin contract being liquidated, resulting in his digital assets nearly reaching zero, and the projects invested by his fund facing liquidity crises that made it impossible to exit, ultimately leading to a lack of funds to fulfill the commitment. Wu You also mentioned that he had inquired whether the school could accept Bitcoin worth 11 million yuan, but the school indicated that it could not, so he decided to donate 11 million yuan in cash.According to previous reports, Wu You, an alumnus from the 2008 class of China University of Mining and Technology, promised to donate 11 million yuan during the school's 110th anniversary celebration in April 2019 and signed a donation agreement with the school. In August 2022, Wu You was sued by the Mining University Education Development Foundation for failing to pay the donation. Afterward, Wu You still did not fulfill the payment, and on February 21, 2023, he was listed as a dishonest person subject to enforcement, with the People's Court of Tongshan District, Xuzhou City issuing a consumption restriction order against him. (source link)

According to ChainCatcher news, citing reports from community contributors monitored by PeckShield, the Snowflake Finance project has experienced a Rug Pull, and the project's social media accounts and website have gone offline. Additionally, the project's Token SNOW briefly dropped by 74%. (Source link)