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  • 02:23
    Elon Musk hints: Tesla may build its own AI chip factory, with a monthly production of one million chips
    Jinse Finance reported, citing multiple media sources, that Tesla CEO Elon Musk stated at the shareholders' meeting on Thursday that Tesla may have to build "a factory with a monthly capacity of up to 1 million chips" to manufacture artificial intelligence chips, and he openly considered the possibility of cooperating with Intel. Tesla is currently working with TSMC and Samsung, but Musk did not rule out the possibility of joining forces with Intel. He told shareholders present: "Maybe we will cooperate with Intel. Although no agreement has been signed yet, it is worth discussing." Tesla is designing its fifth-generation artificial intelligence chip to advance its autonomous driving ambitions. (Golden Ten Data)
  • 02:23
    Ark Invest increased its holdings of BitMine shares by approximately $8.06 million yesterday.
    According to Jinse Finance, an exchange Tracker reported that Ark Invest, led by Cathie Wood, increased its holdings by 215,709 shares of BitMine stock (approximately $8.06 million) yesterday.
  • 02:14
    Compound has suspended multiple stablecoin lending markets on Ethereum in response to the Elixir liquidity crisis.
    ChainCatcher reported that DeFi research and risk management firm Gauntlet previously recommended that the Ethereum lending protocol Compound implement a temporary emergency pause on the following independent lending Comet markets in v3, including: USDC on Ethereum, USDS on Ethereum, and USDT on Ethereum. The proposal has now been approved, and after the pause, withdrawals for USDC and USDS lending markets were resumed on November 6. Compound stated that it will gradually restore the markets while ensuring system security. This move is intended to address the liquidity crisis of deUSD and sdeUSD under Elixir, both of which have been listed as collateral on Ethereum USDC, USDS, and USDT. On November 4, Stream Finance disclosed that its fund assets suffered a loss of $93 million, with Elixir bearing an exposure of $68 million, resulting in a liquidity crisis for its stablecoins deUSD and sdeUSD.
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