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On October 14th, Microsoft AI just announced the launch of its first independently designed and developed text-generating image model, MAI-Image-1. The technology giant has recently released the first batch of self-developed Microsoft AI models and called this new image generator "the next step in our journey." Microsoft (MSFT.O) said that the company solicited feedback from professional creatives during the research and development process to avoid "repetitive or generalized stylized output." The company claims that MAI-Image-1 "performs well" in generating realistic images such as lightning and landscapes. At the same time, it can process requests and generate images faster than "larger, slower models." The model has ranked among the top ten in the international large model arena LMArena.Samsung Electronics: Q3 revenue is expected to reach 86 trillion won (LSEG forecast is 84.4 trillion won). Q3 operating profit is expected to reach 12.1 trillion won (LSEG forecast is 10.1 trillion won).Jitu Express (01519.HK): In the third quarter of 2025, the parcel volume increased by 23.1%, and the total parcel business volume reached approximately 7.68 billion pieces.On October 14, local time on the 13th, Ukrainian President Zelensky met with visiting EU High Representative for Foreign Affairs and Security Policy Kallas in Kyiv. The two sides focused on discussing issues such as Ukraines winter energy support, the EUs new round of sanctions against Russia, and the use of Russias frozen overseas assets.Several opposition groups in Japan will meet on Tuesday to discuss the prime ministerial election.

Crypto derivatives volumes surge to $3.12 trillion in July

Skylar Shaw

Aug 12, 2022 14:53

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According to researcher CryptoCompare, trade in cryptocurrency derivatives on centralized exchanges increased to $3.12 trillion in July, up 13% month over month, as cryptocurrency values begin to rebound from the recent market crisis.


According to CryptoCompare, the derivatives market now accounts for 69% of all crypto transactions, up from 66% in June, and helped drive total crypto volumes on exchanges to $4.51 trillion in July.


On July 29, derivatives exchanges transacted up to $245 billion, which is 9.7% greater than the $223 billion top daily high for June.


Spot cryptocurrency trade, however, dipped to $1.39 trillion in July, the lowest level since December 2020 and a monthly fall of 1.3%, according to CryptoCompare.


In May and June, the price of cryptocurrencies fell precipitously as investors fled riskier investments due to concerns about soaring inflation and Federal Reserve interest rate rises. Several cryptocurrency organizations have slashed staff after a significant pair of tokens collapsed, and other cryptocurrency lenders have frozen client withdrawals.


With bitcoin rising 17% in July, prices have somewhat recovered. It is still a long way from its record high of $69,000 in November, which it reached at roughly $24,300.


Since there is no U.S. Federal Reserve meeting in August, CryptoCompare said, "the jump in futures trading volume signals an increase in speculative activity as traders feel there is opportunity for more upside in current rally."


According to CryptoCompare, traders are also making predictions on the impending Ethereum merge, which is a network update anticipated for September.


Since its $880 low in June, ether has increased to over $1,900.


According to CryptoCompare, BinanceUSD, a stablecoin released by the cryptocurrency exchange Binance, gained popularity in July as spot volumes for transactions between bitcoin and BinanceUSD for the first time surpassed those between bitcoin and dollars.


With a 54% market share, Binance continued to dominate the exchange landscape, while Atom Asset Exchange (AAX), which saw its volume increase by 26.5% in July, moved into second place.


Trading volumes more than half in the second quarter of 2022, according to a data released on Tuesday by American exchange Coinbase.

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