Lookonchain APP

App Store

Grok 4.8 has yet to be released, Elon Musk says he doesn't care about benchmark scores, only wanting the model to be genuinely useful.

42 minutes ago

Beating AI Insight News Brief: Elon Musk acknowledged on October 30 that the development of Grok 4.8 took longer than expected, but guaranteed the new model "will not disappoint". He noted that the team does not optimize for benchmark tests, and he does not care about benchmark scores, focusing instead on the model's practical applications. On September 14, Musk revealed that Grok 4.8 has 2.5 trillion parameters, uses a new C++ training system, and was expected to complete pre-training by the end of that week before moving to reinforcement learning. More than six weeks later, the new model remains unreleased. Musk’s emphasis on not caring about benchmark scores stems from Grok 4.7’s underwhelming performance. Independent evaluation firm Artificial Analysis found that under the same xhigh inference setting, Grok 4.7’s composite intelligence index only rose by 2 points from Grok 4.6 (44 to 46), while average output tokens per query jumped from around 38,000 to 81,000. Users in the Cursor community also complained that Grok 4.7 consumes quotas faster with negligible real-world improvements. In an interview with China Central Television (CCTV) in September, Musk admitted Grok 4.7 is inferior to Claude Opus 5.5, and is not expected to catch up with top-tier models until 2027. In October, he further proposed that Grok Bot call external models including Claude based on task requirements, and plans to have the high-speed version of Grok 4.8 handle a large volume of simple requests.

Relevant content

Trader 0x15a4 closes $78.18M $BTC and $22.35M $ETH longs for $20M profit, opens 20x short on 13,000 $ETH

Trader 0x15a4 just closed his longs on 1,000 $BTC ($78.18M) and 10,000 $ETH ($22.35M) after holding them for 4 months, making over $20M in profit. He then flipped short, opening a 20x short on 13,000 $ETH ($29M).

7 minutes ago

Binance Theft Incident Update: No evidence of any wallet private keys leaked yet, technical review report to be released

Binance CEO Richard Teng has published an update on the exchange’s theft incident, confirming user funds are safe and all losses will be fully covered by the SAFU fund and the company. Preliminary investigations indicate the security breach may have originated from a DevOps engineer’s laptop being compromised; the attacker subsequently gained access to a service container and submitted unauthorized withdrawal transactions within it. Teng stressed the attack was not a simple exploitation of an engineer’s permissions nor a single-click operation, involving far more complex steps. No individual has been blamed in the ongoing investigation. As of press time, Binance has found no evidence of wallet private key leaks. The incident is estimated to have resulted in roughly $6.3 billion in losses, with around $3 billion frozen via on-chain collaboration. Binance has taken the following measures: suspended withdrawal services to enable security upgrades for withdrawal systems and related addresses; revoked authorizations for affected addresses; and partnered with law enforcement agencies and blockchain intelligence firms to track and recover funds. Teng added that user deposits remain unaffected and operational. Upon completion of the investigation and verification of all facts, Binance will release a detailed technical post-mortem report and update its proof of reserves following remediation efforts.

7 minutes ago

Legendary PEPE trader re-enters the market, increases holdings by 45.08 billion tokens.

According to Lookonchain’s monitoring, legendary trader dimethyltryptamine.eth — who once spent just 0.125 ETH (about $251) to buy 5.9 trillion PEPE tokens, with his position’s unrealized profit peaking at roughly $100 million — has bought an additional 45.08 billion PEPE tokens, valued at approximately $206,500, after the Binance hacker completed dumping their PEPE holdings.

7 minutes ago

Legendary trader buys 45.08B $PEPE for $206.5K after Binance hacker dump

Legendary trader dimethyltryptamine.eth, who once spent just 0.125 $ETH ($251) to buy 5.9T $PEPE ($100M at peak), bought another 45.08B $PEPE ($206.5K) after the Binance hacker finished dumping $PEPE.

7 minutes ago

Lazarus Group Linked to $6B Binance, $1.5B Bybit, $388M Bitget Hacks

Breaking: The hackers behind the $6B #Binance hack, $1.5B #Bybit hack, and $388M #Bitget hack may all be linked to North Korea's Lazarus Group.

7 minutes ago

A BTC short position was liquidated, involving 174.86 BTC valued at approximately $13.74 million.

According to Lookonchain's monitoring, a BTC short position was liquidated amid the market rebound, with the liquidation size reaching 174.86 BTC, valued at approximately $13.74 million.

7 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano