Former U.S. Congressman reaches $35,000 settlement with CFTC over prediction market manipulation

Beating AI News Flash (Dong察) – Anthropic has revamped the streaming renderer for Claude’s web and desktop versions, the front-end module tasked with continuously displaying model-generated content on screen. The company states long responses are now roughly 4x smoother; stutters on slower computers are reduced by approximately 9x, while the worst-case freeze time has been cut by around 4.5x. The new version only updates content that is still changing on screen, avoiding full re-renders of entire responses. In Anthropic’s demo, a 120Hz MacBook maintained 120fps throughout content generation. Claude’s long-conversation stutters have been a longstanding issue: as early as 2024, users reported multi-second lags when copying, typing, or scrolling after long chats; in May this year, some users still complained of roughly 5-second operation delays in long desktop conversations.

Bitcoin has surged rapidly from around $62,000 to near $80,000 recently, marking its second-largest weekly gain in nearly five years. However, unlike previous rallies that came with massive leveraged capital inflows, open interest (OI) in Bitcoin-denominated futures has instead continued to decline in this cycle. Data from Glassnode shows that as of now, BTC-denominated futures OI stands at approximately 587,600 BTC, down from 645,800 BTC on August 14 and hitting a near-five-month low. Analysts believe this rally is driven more by short covering and short liquidations rather than a concentrated influx of new leveraged long positions. During this period, billions of dollars in short positions were liquidated, triggering a notable short squeeze that further pushed Bitcoin above $80,000. Meanwhile, the annualized funding rate for perpetual contracts remains below 10%, indicating that overall bullish leverage in the market is not overly crowded. Additionally, open interest in crypto margin futures has dropped to a historic low of around 52,000 BTC, accounting for just 11% of total market activity. The rising share of cash margin helps mitigate the cascading risk of "collateral shrinkage—forced liquidations—further price declines" during market downturns. Overall, current low participation in the derivatives market and a healthier leverage structure suggest this Bitcoin rally has stronger sustainability.

Beating AI Express (from Dongcha) reports: A user tasked Claude with managing a batch of Codex instances, uncovering a historical record bug. One session ran continuously for two days, generating 110MB of logs and consuming approximately 353 million tokens. When reopened, Codex only retained the initial message, though the actual work content was not lost. Codex stores full chat records locally and maintains an index for fast access, but the bug stems from this index: it got stuck at an early position, making subsequent records exist unaccessible to Codex. The user inspected their 439 sessions, finding 398 with index anomalies. Similar "false amnesia" issues were later reported on Windows Desktop, Remote SSH and other environments: underlying records remained intact, but the interface froze at an old position, with no active error alerts or automatic repairs. After the original poster deleted the corrupted index, Codex re-read the 110MB session in roughly 20 seconds, restoring all 398 anomalous sessions. However, subsequent cases revealed the problem isn’t limited to indexes—original records may also have duplicate serial numbers, so deleting the index directly isn’t safe in all cases. Currently, the bug remains open, with no associated fix pull requests (PRs) observed.

According to market data from BIT (bit.com), Alibaba’s US-listed shares turned from negative to positive in pre-market trading, currently rising 2.3% after falling more than 2.4% earlier. Alibaba founder Jack Ma has increased his holdings of the company’s Hong Kong-listed shares in recent days, with total purchases exceeding HK$600 million, signaling his firm confidence in Alibaba’s AI prospects. Group Chairman Joseph Tsai and CEO Daniel Wu also simultaneously bought more than HK$200 million worth of shares recently.

According to a report by the Science and Technology Innovation Board Daily, sources revealed that as Alibaba initiated a share placement and financing round, Jack Ma, founder of Alibaba, has been increasing his holdings of Alibaba’s Hong Kong-listed shares in recent days, with the total amount exceeding HK$600 million, expressing firm confidence in the company’s AI prospects. Earlier, after Alibaba announced its HK$80 billion new share placement plan, group chairman Joseph Tsai and CEO Wu Yongming increased their holdings of Alibaba stocks totaling about HK$120 million yesterday, casting a vote of confidence in the firm’s AI strategy. Specifically, CEO Wu Yongming bought 350,000 Alibaba Hong Kong-listed shares at an average price of around HK$111.6, spending approximately HK$40 million. The two together added 1.07 million shares, with a total value of about HK$120 million. Today, Joseph Tsai further spent HK$82 million to acquire 720,000 additional shares. All proceeds from Alibaba’s HK$80 billion new share placement will be fully invested in building full-stack AI capabilities and AI infrastructure. The share placement was actively subscribed by long-term investors including global sovereign wealth funds, ultimately achieving an over-subscription rate of nearly 3 times.

Binance announced that it will launch spot trading pairs for USDC/ARS, ACE/USDC, and PUMP/U at 16:00 (GMT+8) on August 26, and will simultaneously roll out spot algorithm order trading bot services for these pairs. It noted that ARS is a fiat currency code, not a digital asset code, so users in some countries or regions are ineligible to trade these spot pairs. All participants must complete account verification.