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BTC $79,059.70 +0.68%
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BNB $744.08 -0.86%
XRP $1.43 +0.86%
SOL $103.74 +0.37%
TRX $0.3386 -0.34%
DOGE $0.0898 +0.30%
ADA $0.2179 -1.29%
BCH $258.70 +0.68%
LINK $12.09 -3.75%
HYPE $86.17 +2.98%
AAVE $129.81 +0.61%
SUI $0.8118 -0.56%
XLM $0.1873 -1.49%
ZEC $1,279.50 +8.91%

vast

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Компания VAST в области AI 3D завершила финансирование раунда B и B+ на сумму около 3 миллиардов юаней, ведущим инвестором выступила компания Jingwei Venture Capital

Согласно отчету Sina Finance, компания AI 3D VAST (Три начала всего) объявила о завершении раундов финансирования B и B+, в общей сложности около 3 миллиардов юаней, с ведущим инвестором Jingwei Venture Capital. Perfect World, BlueFocus, Xindong Energy Investment, Yanqu Games, Zhongke Chuangda, 37 Interactive Entertainment, а также совместные инвесторы Dinghui VGC, CICC Capital, CMC Capital и другие продолжают инвестировать.По официальной информации, VAST за менее чем полгода привлекла около 5 миллиардов юаней. Известно, что VAST также выпустила флагманскую 3D базовую модель Tripo P серии последней версии Tripo P2, средства от этого раунда финансирования будут направлены на итерацию 3D нативных моделей и данных, расширение инфраструктуры для обучения и вывода, разработку продуктов и коммерциализацию.

In 2025, the real trading proportion of global stablecoins is less than 1%, with the vast majority being "wash trading."

According to China Securities Journal, the global on-chain transaction volume of stablecoins in 2025 is estimated to be around $25 trillion after deduplication and adjustment for inflated figures, but the proportion of transactions with actual payment backgrounds is less than 1%, with the vast majority being "inflated transactions."This statistic covers 36 mainstream stablecoins on 16 major public chains, including Ethereum, Tron, and Solana. Analysis shows that "inflated transactions" are mainly composed of three categories: first, internal fund transfers within institutions, meaning transfers between different wallets or protocols under the same institution; second, on-chain protocol splits and transfers, where the same business is inflated due to multiple internal calls; third, stablecoins used as intermediary currencies for cryptocurrency exchanges, leading to the same funds being counted multiple times.In terms of real payment scenarios, in 2025, 15 leading cryptocurrency payment institutions, including Coinbase, BVNK, Bitpay, and Binance Pay, processed stablecoin transactions totaling $132 billion, while international card organizations like Visa processed approximately $4.5 billion in stablecoin-related transactions. Even when including the use of stablecoins in illegal activities such as money laundering, telecom fraud, and online gambling, the proportion of transactions with actual payment backgrounds remains less than 1%.

Buffett's Shareholder Letter: Will always invest the vast majority of funds in stocks, last year the value of traded stocks held fell to 272 billion dollars

ChainCatcher news, according to Jinshi reports, Buffett published his annual shareholder letter, in which he mentioned that the value of tradable stocks held last year decreased from $354 billion to $272 billion, but the value of non-listed equity holdings increased and remains far above the value of the tradable stock portfolio. We will always invest the vast majority of their funds in stocks—mainly U.S. stocks, although many of these companies have significant international operations. Berkshire will never be more inclined to hold cash equivalents and give up holding equity in quality businesses, whether controlling or partial stakes.In 2024, Berkshire's performance exceeded expectations, despite 53% of its 189 operating companies reporting a decline in earnings. Due to the increase in U.S. Treasury yields, there was a significant increase in holdings of these highly liquid short-term securities, resulting in a foreseeable substantial increase in investment income.Berkshire has been continuously increasing its borrowings denominated in yen, but not following any fixed pattern. All borrowings are at fixed rates, with no "floating rate" borrowings. There is no forecast for future foreign exchange rate trends, thus striving to maintain a nearly neutral position in terms of currency.

Opinion: The vast majority of innovative applications of cryptocurrencies like Bitcoin essentially belong to financial services

ChainCatcher news, according to the WeChat public account of the China Financial Forty Forum, Liu Xiaochun, Vice President of the Shanghai Institute of New Finance (SFI), and Xiao Lei, a young researcher at the Shanghai Jiao Tong University China Financial Research Institute and head of investment at Kaitai Vision Fund (Hong Kong), co-authored an article titled "Reconsidering the Modern Monetary System in the Wave of Cryptocurrencies."The article points out that there have been various analyses and expectations regarding cryptocurrencies like Bitcoin in the current market. The 2024 U.S. election has further brought cryptocurrencies like Bitcoin to the forefront. However, for cryptocurrencies to truly replace existing sovereign currencies, they still face institutional realities and challenges. The vast majority of innovative applications of cryptocurrencies like Bitcoin essentially belong to financial services.In dealing with cryptocurrencies, a more valuable approach is to explore their more feasible application paths in the financial sector based on the functions and systems of modern money, combined with the technical characteristics of cryptocurrencies. This can mainly be approached from two directions: first, exploring the financial assetization path that is not linked to fiat currencies; second, developing payment and settlement tools that are linked to fiat currencies.
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