Bitwise announced its acquisition of Chorus One, an institutional staking service provider, to expand its staking business across more than 30 proof-of-stake blockchains. The specific acquisition amount was not disclosed. Chorus One manages approximately $2.2 billion in staked assets and will be integrated into Bitwise Onchain Solutions, a subsidiary serving institutional investors, family offices, and financial platforms. This acquisition will enhance Bitwise's staking capabilities and research coverage on chains such as Solana, Hyperliquid, Monad, Avalanche, Sui, NEAR, Aptos, Tezos, and TON. The terms of the transaction were not disclosed. Approximately 50 members of the Chorus One core team have joined Bitwise, and co-founder Brian Crain has been appointed as an advisor to Bitwise. (The Block)

According to a report by Fortune magazine, FTX founder SBF is launching a social media campaign to win a pardon from US President Trump in order to escape his federal prison sentence. While SBF's tweets and public statements haven't explicitly mentioned his goal, they are clearly aimed at garnering support for a pardon. However, the White House has confirmed that Trump will not pardon the crypto industry figure who was sentenced to a long prison term for financial fraud. A White House spokesperson reiterated that the president has the final say on pardon decisions, and Trump has previously stated that he does not intend to pardon several high-profile prisoners, including SBF.

According to Onchain Lens monitoring, a newly created wallet withdrew 325.58 BTC from Binance, worth $20.78 million.

According to Odaily Planet Daily, Nvidia's earnings report, considered the world's most important, will be released this Thursday morning Beijing time. While Wall Street widely expects Nvidia to achieve strong growth again in the fourth quarter of fiscal year 2025 and issue optimistic guidance, whether this earnings report can turn the tide amidst the recent storm of a collective plunge in US software stocks triggered by "AI ghost stories" remains to be seen. Option pricing indicates that traders expect Nvidia's stock price to fluctuate by as much as 6% this week. Historically, Nvidia's earnings reports have often brought short-term "sell the fact" selling pressure to the stock price: in the past four quarters, although Nvidia's performance exceeded expectations in three quarters, the stock price always fell the day after the earnings release. Currently, Nvidia remains the world's most valuable company, with a market capitalization well over $4 trillion, and its stock accounts for approximately 8% of the S&P 500 index. Therefore, such volatility could have a wide-ranging impact on the entire market.

According to Odaily Planet Daily, Vitalik Buterin, in an article published on the X platform, expressed a relatively open attitude towards so-called "anti-data-center populism," believing that under the current technological path, restricting the supply of industrial-grade hardware computing power may be one of the "most pragmatic and least dystopian" ways to delay the timeline of Artificial General Intelligence (AGI). Based on discussions with relevant researchers, reducing the availability of large-scale computing infrastructure may help extend the development cycle of AGI, and if the social forces driving this process initially stem from opposition to data center expansion, "that seems plausible." However, he also emphasized that taking action only against data centers located in densely populated areas is insufficient to substantially change the AGI timeline. He estimated that under a "static world model," a 10 to 100-fold reduction in computing power is feasible; compared to the hypothetical scenario of continuous advancements in future chip design, the reduction could even reach 100 to 10,000 times, and such a scale "will truly have an impact." Despite the complexity of the path, any major adjustment requires a "first step."