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Share link:In this post: xAI apologized after its Grok chatbot posted antisemitic and violent messages following a system update. The flawed update caused Grok to echo extremist user content for about 16 hours. xAI removed the deprecated code, refactored the system, and restored Grok’s public account.
Share link:In this post: US core inflation rose by 0.3% in June, the biggest increase since January, as tariffs pushed up import costs. Retail sales stayed weak, but the Federal Reserve is not ready to cut interest rates due to ongoing inflation worries. Tariffs are raising global inflation concerns, and central banks in countries like Canada, Japan, and the UK are watching closely.
Share link:In this post: SpaceX is investing $2 billion in xAI, nearly half of its $5 billion equity raise. Elon Musk merged xAI with X earlier this year, valuing the combined company at $113 billion. Grok 4 launched this week but faced backlash after posting offensive replies on X.
Bitcoin hits $117,000 and shows no signs of slowing down—experts say this could be just the beginning.Bitcoin Breaks $117,000—And It’s Far from OverWhat’s Fueling the Climb?What’s Next for Bitcoin?
Bullish divergence spotted across altcoins—technical charts hint at a strong recovery phase ahead.Altcoins Flash Bullish Divergence: Is the Altseason Near?What Is Bullish Divergence?Could This Trigger an Altcoin Rally?
Cardano ($ADA) breaks resistance, setting up for a possible rally toward $0.90–$1.20 amid rising bullish momentum.What’s Fueling the ADA Rally?Can Cardano Reach $1.20?
- 12:39Powell Calls for Fed Review of Renovation Costs as Project Becomes Focus of Trump’s AttacksOdaily Planet Daily News: According to a source familiar with the matter, Federal Reserve Chairman Jerome Powell has requested the Fed’s Inspector General to review its $2.5 billion headquarters renovation project—a project that has become a focal point of criticism from the Trump administration. The Inspector General’s office had previously reviewed this long-term project, but the current review aims to reassess it amid heightened regulatory scrutiny. (Jin10)
- 12:32Yunfeng Financial to Strategically Expand into Web3.0, RWA, and Digital Currency SectorsAccording to a report by Jinse Finance, Yunfeng Financial (00376.HK) has announced that, in addition to its existing insurance and fintech businesses, it will strategically expand into cutting-edge areas such as Web3.0, real-world assets (RWA), digital currencies, ESG zero-carbon assets, and artificial intelligence (AI). The company will also explore innovative applications that connect these advanced fields with various scenarios in its group insurance companies.
- 12:29The US CLARITY Act May Accelerate the Institutionalization of CryptocurrencyAccording to ChainCatcher, as reported by CoinDesk, Benchmark analyst Mark Palmer pointed out that the passage of the U.S. CLARITY Act will establish a clear regulatory framework for the digital asset market, distinguishing whether cryptocurrencies are classified as commodities or securities. The act is expected to resolve the longstanding legal uncertainties faced by traditional financial institutions and accelerate the entry of institutional investors such as asset management companies and hedge funds. The report indicates that compliant platforms like Galaxy Digital and a certain exchange will hold advantageous positions in this wave of institutionalization. Although the SEC currently maintains a constructive stance, the lack of written regulations still exposes the industry to the risk of policy reversals.