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Jiangsu: Accelerate the creation of a highland for artificial intelligence innovation and development, and vigorously support OPC innovation and entrepreneurship.

According to Mars Finance on April 4th, the Jiangsu Provincial Quarterly Work Promotion Meeting on Artificial Intelligence Development was held on April 3rd. Governor Liu Xiaotao presided over the meeting and delivered a speech. Liu Xiaotao pointed out that it is crucial to firmly grasp artificial intelligence as a key variable for future development, seize and make good use of major opportunities, and promptly conduct in-depth research on new situations and solve new problems. This involves promoting the deep integration of technological and industrial innovation, focusing on enhancing the full-stack capabilities of artificial intelligence, targeting the application end, resource end, supply end, and ecosystem end, deepening and expanding "artificial intelligence +", and accelerating the creation of a high ground for artificial intelligence innovation and development. Liu Xiaotao emphasized the need to focus on the application end, building provincial, municipal, comprehensive, and industry-specific scenario databases, promoting the implementation of a number of high-value and "compact and flexible" application scenarios, supporting the development of next-generation terminal products, and promoting the commercial and large-scale application of artificial intelligence. He also stressed the importance of focusing on the resource end, strengthening the precise and effective supply of computing power, formulating data resource classification and grading standards, and promoting the high-quality construction and opening of datasets. Finally, he emphasized focusing on the supply end, concentrating on breakthroughs in multimodal large models and edge-side large models, focusing on developing industrial large models, vertical models, and specialized small models in advantageous fields, and expanding the artificial intelligence industry cluster. We will focus on the ecosystem, vigorously support OPC innovation and entrepreneurship, provide ample support in areas such as financing, channel expansion, and industry linkages, strengthen talent attraction and cultivation and discipline development, enhance intellectual property protection, emphasize AI security, and create a favorable environment for AI development. Adhering to a practical and application-oriented approach, all regions and departments should tailor their efforts to their specific circumstances, preventing a rush of projects, redundant construction, and the creation of "vanity projects." (WeChat Jiangsu)
Disclaimer: The views above are the author's only and do not represent 711BTC. Nothing here constitutes investment advice.

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07-08 20:33

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07-08 20:31

The Bank of Korea has released a regulatory proposal suggesting that personal stablecoin transactions exceeding $10,000 should be limited to transfers from verified wallets.

According to Mars Finance, the legal team of the Bank of Korea has published a research paper titled "Regulatory Scheme for Foreign Remittance Transactions Targeting Stablecoins," proposing regulatory recommendations for large-scale stablecoin transactions. The paper, referencing current South Korean foreign exchange control regulations, proposes constraints on stablecoin transfers exceeding $10,000 between individuals, requiring such transactions to be conducted only between officially certified wallets, along with a pre-reporting mechanism. The institution acknowledges that there are technical obstacles to fully controlling unregistered wallets, but due to anti-money laundering compliance requirements, it is necessary to strengthen restrictions on large-scale cross-border stablecoin fund flows. South Korean regulators have previously repeatedly stated the need to improve the monitoring system for cross-border crypto asset transactions using non-custodial wallets; this paper further refines and implements the regulatory approach.

07-08 20:22

Gate responded to online rumors of user asset theft: An urgent investigation is underway, and preliminary assessments indicate it is an isolated incident.

According to Foresight News , Gate responded to online reports of user assets being stolen, stating that the incident shows the customer made a withdrawal between 3:00 PM and 4:00 PM on July 7th, and reported the loss to online customer service at 5:00 PM on July 8th. Gate has initiated an investigation, and the incident is currently under urgent investigation. Preliminary assessments indicate it is an isolated case, there are no system security vulnerabilities, and the website is operating normally. Preliminary investigations suggest this incident may be related to a leak of user information; the specific details are under investigation. Gate will disclose further details as soon as the investigation concludes.

07-08 20:19

Justin Sun has staked $430 million in Ethereum on Lido, yielding an annualized return of approximately $9.5 million.

According to Odaily Lens monitoring, Justin Sun Sun has been continuously staking ETH through Lido Finance. 23 hours ago, Justin Sun staked another 13,000 ETH, worth approximately $23.08 million, bringing his total staked ETH on Lido to 247,436 stETH, currently valued at approximately $430.2 million. Data shows that since February 2023, this staking position has generated a total of 11,307 stETH staking profits, worth approximately $26.82 million. Based on the current profit level, Justin Sun position has an annualized return of approximately $9.5 million.

07-08 20:17

Guangdong: By the end of 2027, the province's urban digital infrastructure support capabilities will be significantly enhanced.

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07-08 20:10

Morgan Stanley reiterated its "overweight" rating on RKLB and raised its bullish price target to $293.

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