Cointime

Cointime

Download App
iOS & Android
Home / Point

Wintermute Sells 500,000 LAPTOPs, Profiting $2 Million

On September 9, Wintermute received 2.5 million LAPTOPs from a multi-signature wallet. After distributing 2.09 million LAPTOPs to a trading wallet, they sold and deposited them into centralized exchanges. Among these, 500,000 LAPTOPs were sold through 356 transactions for approximately $2 million, while the remaining portion was directed to Kraken, Gate, and KuCoin.

Comments

All Comments

Recommended for you

  • Meta Surges Over 6%, Reaches New High with Launch of Personal AI Assistant Muse

    On September 9, Meta (META.US) surged over 6%, reaching a peak of $651.69, the highest since July 22, with a total market capitalization exceeding $1.6 trillion. In news, Meta officially launched its all-weather personal AI assistant Muse, which features a cloud-based virtual machine and operates 24/7, with capabilities for nighttime reflection and proactive planning. In terms of business model, Meta offers 100 million tokens for free each week and plans to generate revenue in the future by helping users complete business transactions through AI and charging a 'small commission.'

  • Report: Bitcoin Tests Key Support Level, Altcoin Open Interest Surpasses Bitcoin for the First Time

    A report from Bitfinex Alpha indicates that Bitcoin has been trading sideways in the range of $77,100 to $81,300 over the past 20 trading days, with the current price nearing the lower support level of this range. If it breaks above $81,300, a volume vacuum above could drive the price up to $86,500. Ahead of the Federal Reserve's interest rate decision, the options market has shifted protection to contracts expiring on September 18. Bitcoin's volatility has decreased, and all 29 major cryptocurrencies rose last week, with Polkadot increasing by 43% and Zcash by 42%. This week, the open interest in altcoin perpetual contracts has surpassed that of Bitcoin for the first time.

  • SK Hynix (SKHY.US) Rises Over 5% to a New High of $195.4

    On September 9, SK Hynix (SKHY.US) in the U.S. stock market saw its share price increase by over 5%, reaching $195.4, setting a new record since its listing.

  • International Oil Prices Rise Over 3%, Brent Crude Exceeds $101 per Barrel

    Brent crude has surpassed the $101 per barrel mark, trading at $101.02 per barrel, with an intraday increase of over 3%. WTI crude also rose by more than 3%, reaching $95.86 per barrel.

  • U.S. Stock Market: Optical Communication Sector Rises in Early Trading

    On September 9, Lumentum and Coherent rose over 3%, while Corning and Molex increased by more than 2%.

  • Ministry of Commerce Spokesperson Responds to U.S. Cybersecurity Announcement on Chinese AI Companies

    On September 9, Eastern Time, September 8, the U.S. National Security Agency, Cybersecurity and Infrastructure Security Agency, and Federal Bureau of Investigation jointly issued a statement accusing Chinese AI companies of conducting "industrial-scale" distillation to acquire advanced model capabilities from the U.S. and suggested related defensive measures to American companies. In response, a spokesperson for the Ministry of Commerce stated that China is willing to engage in constructive and professional discussions with the U.S. based on the principles of equality, mutual benefit, and win-win cooperation. However, if the U.S. takes actions to suppress Chinese AI companies under the guise of combating distillation, China will resolutely take countermeasures. It is hoped that the U.S. will work with China to manage risks through dialogue and communication, promoting the benefits of the AI industry globally. (Ministry of Commerce)

  • Ministry of Commerce: Distillation is a Common Technique in AI, U.S. Actions Reflect Double Standards

    On September 9, a spokesperson for the Ministry of Commerce responded to questions from reporters regarding a cybersecurity announcement by the U.S. concerning distillation activities of Chinese AI companies. The spokesperson stated that distillation is a common practice in the AI field where various models learn from each other, and it is essentially a neutral technical means used by global model companies, including those in the U.S. This technique can help models improve learning efficiency, enable more effective use of human knowledge, and has positive implications for countries developing their AI industries, unlocking the potential of AI technology, bridging development gaps, and benefiting developing countries and the general public. The actions of the U.S. reflect a typical double standard. China encourages open-source, collaborative sharing in AI, and Chinese open-source models are accessible to global companies, including those in the U.S., facilitating relevant model research and development. Reports from U.S. companies also reveal that they extensively distill Chinese models. In contrast, the U.S. has repeatedly unilaterally accused Chinese companies of engaging in 'industrial-scale' distillation, tarnishing a common industry practice as an aggressive act, which not only reflects U.S. anxiety but also exemplifies double standards.

  • Brent Oil Surpasses $100 Mark, Oil and Gas Stocks Rise

    On September 9, oil and gas stocks rose at the market open, with Equinor up over 3%, Occidental Petroleum, Murphy Oil, ExxonMobil, and Chevron rising over 2%, and BP, Total, Petrobras, and Eni gaining around 1.5%. The situation in the Middle East continues to escalate, with Brent crude oil surpassing $100 per barrel during trading on the 9th, marking the first time since July 24.

  • Stablecoin Payment Company Latitude Secures $35 Million in Series A Funding

    On September 9, stablecoin payment infrastructure company Latitude completed a $35 million Series A funding round, led by Oak HC/FT, with participation from NEA, Coinbase, Lightspeed Faction, and OpenFX. The funds will be used to expand the team and obtain regulatory licenses in markets such as Southeast Asia, Latin America, and Africa. (Fortune)

  • Legal AI Startup Harvey Raises $550 Million, Valuation Reaches $15.6 Billion

    On September 9, legal AI startup Harvey announced the completion of a $550 million funding round, raising its valuation to $15.6 billion. The funds will primarily be used to develop its proprietary AI models. This round was co-led by Lightspeed Venture Partners and Diffusion, with new investors Sapphire Ventures and Whale Rock Capital Management also participating. To date, Harvey has raised over $1.5 billion, making it the highest-valued and largest funded legal AI startup. The company provides services to several top law firms, including well-known firms like Latham & Watkins, as well as corporate legal departments such as that of Microsoft.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company