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After the profits doubled, Tether decided to allocate 15% to increase its holdings of Bitcoin as a reserve asset
Interface News Reporter | Sima LinweiOn May 17th, Tether, the world's largest issuer of US dollar stable currency, announced that it will use a portion of its profits to regularly purchase Bitcoin (BTC) as its stable currency reserve starting this month. It will allocate up to approximately 15% of its realized investment profits (excluding any unrealized price appreciation of its reserve assets) to purchase Bitcoin and add these tokens to its reserve surplus...
Blockchain 2023-05-18 11:33:44 -
If China completely breaks through in the field of chips, will it become invincible globally in the Science and Technology Bureau?
If even chips are broken through, will China be invincible? According to the latest chip market research report released by semiconductor research institute IC Insights, in 2021, American companies will account for 54% of the total global chip market sales (including the total chip sales of IDM and Fabless manufacturers), while Chinese Mainland will account for only 4%.Breaking through the chip blockade does not mean that China is invincible...
Mobile Internet 2023-05-18 10:06:08 -
Yijia VFold foldable phone exposure: benchmarking flagship released in August
Yijia previously announced overseas that its two foldable screen phones, Yijia VFold and Yijia VFlip, will be released. However, some parameters and appearance have been exposed today...
Mobile Internet 2023-05-18 10:05:55 -
US stock market Wednesday: All three major stock indices rose by over 1%, Tesla rose by over 4%, and Alibaba rose by over 2%
On May 18th, it was reported that on Wednesday, US time, the main stock indexes of the US stock market closed higher, with gains exceeding 1%. Investors expect negotiators from the White House and Congress to break the deadlock in the US debt ceiling negotiations to avoid an unprecedented debt default...
Industry dynamics 2023-05-18 09:35:03 -
AI craze, NVIDIA's stock price skyrocketed, and Huang Renxun's wealth doubled this year
On May 18th, it was reported that Nvidia performed well in the investment boom in the artificial intelligence industry, becoming the best-performing stock in the S&P 500 index this year, and CEO Huang Renxun also received huge profits as a result. According to the Bloomberg Billionaires Index, Huang Renxun's personal wealth has increased by 98% this year, reaching $27...
Industry dynamics 2023-05-18 08:00:32 -
One minute understanding of Tesla's shareholder meeting: ModelY will become the world's best-selling model, with Cybertruck delivery in the second half of the year
On May 17th, at 4am Beijing time, Tesla's 2023 shareholders' meeting was held at a super factory in Texas, USA. Tesla CEO Elon Musk stated at the meeting that although the profitability of electric vehicle companies is very difficult, Tesla is very successful in terms of profitability...
Intelligent devices 2023-05-17 13:58:12 -
Tesla Shareholders' Meeting: Musk denies rumors of resigning and must deliver Cybertruck within the year
Cailian News Agency, May 17th (Editor Zhao Hao)On Tuesday (May 16th) local time, electric vehicle leader Tesla held a shareholders' meeting. CEO Elon Musk predicted that the economy would rebound in 12 months and promised to deliver the electric pickup truck Cybertruck later this year...
Intelligent devices 2023-05-17 12:10:00 -
OPPO disbands the 3500 person chip team, Snowback 3nm mobile phone SoC, foreign media: Finally regains one game
Recently, multiple media reports have reported that OPPO has disbanded its chip team. It is reported that this team is called ZEKU (Zheku), with up to 3500 employees...
Mobile Internet 2023-05-17 08:54:20 -
Bloggers are constantly struggling to choose between Xiaomi 13Pro or 13Ultra every day! Lei Jun provides the answer
On May 16th, KuaiTech reported that a blogger stated that he was frantically struggling every day whether to switch to the Xiaomi 13Ultra or Xiaomi 13Pro.Regarding this, Lei Jun said: If you are a "heavy photography enthusiast", recommend the 13Ultra; If there is budget pressure, the 13Pro is also good...
Mobile Internet 2023-05-17 08:53:59 -
Not as good as Huawei! Samsung Galaxy ZFold5 parameter exposure, no wonder Yu Chengdong mocks foreigners
Nowadays, the competition in the field of foldable screen smartphones is becoming increasingly fierce, with all mainstream manufacturers except for Apple stepping down. Huawei is the best performing company in China, while Samsung is the dominant player in the global market...
Mobile Internet 2023-05-17 08:47:30 -
Standard 16GBLPDDR5X+UFS4.0+Wi Fi 7 official promotion iQOONeo8Pro is the strongest from the start
As the release date approaches, more configuration information for iQOONeo8Pro has also been exposed. It is understood that in addition to launching the Tianji 9200+and forming a "flagship dual core" with self-developed chip V1+, this phone will also be equipped with the industry's strongest 16GBLPDDR5XRAM and UFS4...
Mobile Internet 2023-05-17 08:47:19 -
US stock market on Tuesday: All three major stock indices fell, with Google up more than 2% and Baidu up more than 4%
On May 17th, it was reported that on Tuesday, US stocks closed with major stock indices falling across the board. Investors are still paying attention to the latest progress in negotiations between the White House and Congress on the debt ceiling issue...
internet 2023-05-17 07:39:42