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On August 11, it was learned from the earnings call of AIchip Yuanzhis 2026 semi-annual report that the companys next-generation high-performance AI chip has been tape-out, with significantly improved computing power specifications. It is also equipped with high bandwidth and supports two-chip or four-chip cascading, which can realize high-performance inference of full-capacity large models at the edge.Samsung Electronics shares rose 5%.August 11th - According to meteorological forecasts, over the next three days, under the combined influence of Typhoon Dolphin and cold air, heavy rain or torrential rain is expected in central and southern Beijing, Tianjin, and other areas. The National Meteorological Center continued to issue an orange alert for heavy rain at 6:00 AM on August 11th. In accordance with the "National Flood and Drought Relief Emergency Plan" and relevant regulations, the State Flood Control and Drought Relief Headquarters and the Ministry of Emergency Management decided to activate a Level IV flood control emergency response for Beijing and Tianjin at 9:00 AM on August 11th.On August 11th, data released by the China Index Academy showed that from January to July, the number of foreclosed residential properties listed for auction nationwide reached 245,000 units, an increase of 23.1% year-on-year; 89,000 units were sold, an increase of 42.7% year-on-year; the clearance rate was 36.2%, an increase of 4.97 percentage points compared to the previous year; and the total transaction amount reached 96.975 billion yuan, an increase of 21.04% year-on-year. The average transaction price of foreclosed residential properties from January to July was 8,081 yuan/㎡, a decrease of 9.1% year-on-year.The Hang Seng Tech Index opened higher but then fell, dropping more than 1% before midday. The Hang Seng Index is currently down 0.54%.

New FTX chief says bankrupt crypto exchange could restart

Skylar Shaw

Jan 20, 2023 11:43

According to Chief Executive Officer John Ray, the bankrupt cryptocurrency exchange FTX is considering ways to resurrect its operations. He made the announcement to the Wall Street Journal on Thursday.


According to Ray, who took over the company's leadership in November, a task group has been established to look at reviving FTX.com, the organization's primary international exchange.


The CEO also said in an interview with the Journal that he would research if resurrecting FTX's international exchange would generate more value for the company's clients than his team could get by simply selling the platform or liquidating its assets.


Following the news, FTT, the native token of FTX, increased by around 30%.


I'm relieved Mr. Ray is now only pledging to restart the exchange after months of blocking such attempts! Sam Bankman-Fried, the founder and former CEO of FTX, said in a tweet.


Bankman-Fried said, "I'm still waiting for him to eventually acknowledge FTX US is solvent and return clients' money.


An inquiry for comment from Reuters was not immediately answered by an attorney representing FTX.


Bankman-Fried is accused of robbing the exchange's users of billions of dollars to settle debts accrued by his cryptocurrency-focused hedge fund, Alameda Research. He's denied the allegations of fraud.


Customer money' future, however, is still unknown. In a note to creditors earlier this week, FTX said that since declaring bankruptcy in November, hackers had stolen nearly $415 million in cryptocurrency from its worldwide and American exchanges.