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05:11
Jiang Zhuoer: Due to the escalation of US-Iran tensions, has swing-traded 50% of spot ETH.
BlockBeats News, June 11th - Jiang Zhuo'er, founder of Lebit Mining Pool (B.TOP), announced that after buying back on June 5th, he sold 50% of his spot ETH at $1629. The reason was that "Trump has run out of options and will launch a new round of attacks on Iran's infrastructure." The US-Iran conflict is expected to escalate further. Earlier, Jiang Zhuo'er had bought back all his ETH positions at $1645 during the market crash on June 5th.
05:10
Ultraman Suggests OpenAI May Go Public Within a Year, Rumored to Release New GPT-5.6 Model This Month
According to Pulse Check Beating monitoring, OpenAI CEO Sam Altman forecasted in a Slack message to employees sent on Monday that the company will go public within the next year, contingent upon the funding needs for computational infrastructure and the pace of AI recursive self-improvement.Altman noted that if the technology can achieve rapid recursive self-improvement, meaning AI can autonomously develop the next generation of AI, the world and the technological landscape may change in unexpected ways, making it more advantageous to remain a private company. However, on the other hand, the significant funding required by OpenAI for purchasing computing resources and constructing infrastructure may accelerate the IPO process. The company is currently in negotiations to lease a large data center in Ohio, needing to raise several hundred billion dollars for NVIDIA chips and rent.Running parallel to the IPO plans, OpenAI is set to release a brand-new AI model, codenamed 5.6, later this month. Chief Scientist Jakub Pachocki stated in an internal memo that the new model will bring significant improvements compared to the current flagship model, GPT-5.5.
04:46
Sahara AI: SAHARA Price Fluctuation Confirmed to be Due to Contract Liquidation Cascade, Not Team or Market Maker Sell-off
On June 11, Sahara AI released a detailed update regarding the recent abnormal fluctuations in the SAHARA token. The official statement confirmed that neither the team nor investors have sold or transferred their tokens; designated market makers Amber Group and Herring Global operated normally during the event; all smart contracts are secure, and the token management rights are still controlled by the Sahara Foundation. Analysis indicates that the price drop was primarily triggered by a cascade of liquidations in the contract market.
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