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US accuses Chinese AI firm Moonshot of stealing tech and using banned Nvidia chips for its large language model.

Market News
23 Jul 2026
TechCrunch
View Source
Bearish
pluang ai news

The US White House science advisor accused Chinese AI company Moonshot of copying Anthropic's Fable LLM and using advanced Nvidia chips banned for export to China to build its Kimi K3 model. Officials claim this covert technology theft undermines American research, amid broader concerns about Chinese AI development. Experts doubt simple copying explains Kimi K3's advanced capabilities, suggesting more complex training methods are involved. The issue highlights tensions over AI technology transfer and export controls, with potential regulatory actions forthcoming.

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D-Wave Quantum's H1 bookings soar 1,120% YoY, but losses widen amid early-stage commercialization.

D-Wave Quantum's H1 bookings soar 1,120% YoY, but losses widen amid early-stage commercialization.

D-Wave Quantum reported a 1,120% year-over-year surge in first-half bookings to $35.5 million and a 668% rise in remaining performance obligations to $40.7 million, signaling strong enterprise adoption with commercial customers contributing 67.7% of ...

Company Fundamentals
Neutral
4 hours ago
Ethereum's 18% surge masks risk of liquidation cascade on Aave's concentrated leveraged staking positions.

Ethereum's 18% surge masks risk of liquidation cascade on Aave's concentrated leveraged staking positions.

Ethereum surged 18% on Aug. 20, 2026, marking its biggest single-day gain in two years and triggering over $1 billion in short liquidations. However, a risky leveraged staking correlation trade on Aave, involving liquid staking tokens like weETH and ...

Market News
Bearish
4 hours ago
Bitcoin rises above 200-day moving average for first time since November

Bitcoin rises above 200-day moving average for first time since November

Bitcoin has surpassed its 200-day moving average for the first time since November, signaling a potential bullish trend. This technical milestone is often viewed by investors as a sign of strengthening momentum. The move could attract more buyers and...

Market News
Bullish
4 hours ago
Phishing via expired Tornado Cash domain drains 1,010 ETH from user.

Phishing via expired Tornado Cash domain drains 1,010 ETH from user.

A user lost 1,010 ETH after accessing a malicious Tornado Cash frontend hosted on the protocol's expired official domain. The attackers captured private withdrawal notes through the fake interface, enabling them to drain the funds despite the underly...

Market News
Bearish
4 hours ago
Bitcoin miners invest $5.1B in AI infrastructure but earn just $341M, showing a 15:1 spending-to-return gap

Bitcoin miners invest $5.1B in AI infrastructure but earn just $341M, showing a 15:1 spending-to-return gap

Leading Bitcoin mining firms invested $5.1 billion in AI and high-performance computing (HPC) infrastructure in the first half of 2026 but generated only $341 million in related revenue, highlighting a significant 15:1 investment-to-return disparity....

Market News
Neutral
4 hours ago
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