RootData Cryptocurrency Exchange Transparency Ranking (Stock Category) (Stats based on April 27 – May 3, 2026) Top 10 this week: 1. @binance 2. @okx 3. @Bybit_Official 4. @Gate 5. @bitget 6. @krakenfx 7. @OrangeXExchange 8. @ourbit 9. @HotcoinGlobal 10. @BingXOfficial Kraken’s acquisition of Bitnomial and full CFTC licensing boosted its overall score from 61 to 68, maintaining 6th place. Hotcoin climbed to 9th. The market downturn continued, with nearly all exchanges recording declines in average daily trading volume for the second consecutive week (mostly 10–20%). Bybit fell 20% MoM, while Kraken dropped 19%. RootData establishs a dual evaluation framework of Transparency + Liquidity specifically for stock-related crypto exchanges, which delivering more reliable data. RootData will continuely refine and publish this ranking, we welcome exchanges to proactively submit updated information.

How much you should tip restaurant staff: 🇺🇸 USA: 20% 🇨🇦 Canada: 15-20% 🇳🇴 Norway: 10-20% 🇲🇽 Mexico: 15% 🇦🇷 Argentina: 10-15% 🇷🇺 Russia: 10-15% 🇸🇦 Saudi Arabia: 10-15% 🇦🇪 UAE: 10-15% 🇮🇱 Israel: 12% 🇪🇸 Spain: 10% 🇫🇷 France: 10% 🇬🇷 Greece: 10% 🇮🇹 Italy: 10% 🇪🇬 Egypt: 10% 🇰🇪 Kenya: 10% 🇸🇪 Sweden: 10% 🇿🇦 South Africa: 10% 🇹🇷 Turkey: 10% 🇺🇾 Uruguay: 10% 🇬🇧 UK: 10% 🇺🇦 Ukraine: 10% 🇮🇳 India: 7-10% 🇳🇱 Netherlands: 5-10% 🇩🇪 Germany: 5-10% 🇮🇩 Indonesia: 5-10% 🇻🇪 Venezuela: 5-10% 🇻🇳 Vietnam: 5-10% 🇧🇩 Bangladesh: 2-10% 🇦🇺 Australia: 0% 🇨🇳 China: 0% 🇩🇰 Denmark: 0% 🇯🇵 Japan: 0% 🇳🇬 Nigeria: 0% 🇸🇬 Singapore: 0% 🇰🇷 South Korea: 0% Note: tipping amounts were sourced from each country’s TripAdvisor tipping guide and checked against over sources. ‘No tip’ is suggested if tips are only locally suggested for exceptional service or if tipping is uncommon.

People w compute, your chance. 400$ bounty up: run terminal-bench-2.1 e2e correctly for Mia Labs 1x Deepseek-v4-flash repo You have to follow the bounty instructions to win, winner chosen when the correct timeout adjusted run is achieved, with full traces. Doing this on 1 spark can take 3-5 days, on 2x 6000s maybe 10-20 hours, the weights you are actually running are:

Just some TLDR news I found interesting: 1. $GOOGL (missed this) also invested in Mediatek alongside $NVDA for their $3.9B raise. Google/Nvidia are goats with investments you look at $SPCX to Anthropic. 2. Samsung Electro-Mechanics discloses $778.9M MLCC deal / $CAPA (new MLCC ETF) also gives exposure now for folks without Korea/Japan/Taiwan market access. But thing is more accelerators x MLCCs per accelerator might indicate a more future extreme bottleneck than people expect. 3. China channel checks state: planetary roller screws, 6D force sensors, and dexterous hands resist domestic substitution. Then planetary roller screw as the top with lowest domestic substitution rate. eg. $SHA0.DE for planetary. Just interesting to hear moats I guess. 4. Samsung reportedly has ~70% of memory production capacity committed through 2031 / commodity DRAM has also fallen into short supply - Seoul Economic Daily. TrendForce expects server DRAM contract prices to rise 13-18% QoQ in 3Q26 SK Hynix also publicly stated the memory shortage lasts through 2030. 5. $CXMT has begun producing HBM3E in small quantities and reportedly claimed mass production of LPDDR6. Implications are even more positive for legacy DRAM shortages. 6. Cisco at SEMICON Taiwan said CPO is ready for mass deployment; pluggable modules will remain the market mainstay. $MRVL also said customers are actively planning scale-up optics deployments as early as 2027 7. Wingtech -> bought Nexperia -> Netherlands effectively removed Wingtech’s control -> Wingtech is fighting back through Chinese courts. But Nexperia got $300m of their assets frozen. More geopolitical drama of course, always entertaining. $AAPl also explicitly accused OpenAI of destroying crucial evidence... (for more fun) 8. Not much description around ASP hikes regarding SOI substrates $SOI, but they now have 10+ customers involved with LTAs, $200m revenue described as a "floor", comments about customers more concerned about obtaining wafers than where they are manufactured. So basically moving into capacity reservation now stages as silicon photonics takes off in 2027. 9. Some channel checks put lead times for high power MOSFETs and large area TVS diodes as high as ~52 weeks. ($STM also reportedly implemented its 3rd 2026 price increase on August 23) 10. Traditional packaging capacity could face a deficit exceeding 20% by 2027" with "wire bonding equipment" emerging as the primary bottleneck", covered this earlier this week with beneficiaries like 11. Claims that all six major ABF suppliers are booked for 2026, with 12-14 month lead times and some suppliers auctioning remaining capacity; $NVDA, $AMD and hyperscalers locking ABF capacity through 2028 and pushing suppliers to plan 2029–30 expansions. Names like Kinsus (3189), Unimicron (3037), Nan Ya PCB (8046), Ibiden (4062), etc are all probably happy. 12. CCL leading laminated board products increased by another 10%-20%, 7th price hike this year (eg. Kingboard). Industry estimates put the HVLP4 copper-foil shortage at ~48% in 2026 / 43% in 2027, while Low-Dk/T-Glass lead times have stretched beyond 30 weeks. 13. "(GaAs) substrate materials and gallium epitaxial source materials are also facing another round of price increases in the third quarter of 2026, reportedly 5 to 6 times higher than at the early stage of the restrictions." "China has recently eased some substrate export controls" but there's a "severe InP substrate shortage" per digitimes. Just some $AXTI related updates 14. $AMD and $AVGO reportedly booked most of Powertech's planned FOPLP capacity ahead of mid-2027 mass production 15. $INTC considering $INTC foundry for HBM4E base dies. But $SKHY responded directly that "some of the content is different from the facts". 16. "OpenAI Hoarding Tens Of Thousands Of $AAPL Mac mini and Mac Studio" for reinforcement learning. Anthropic has been renting mac mini units from $AMZN as well. Kinda sad Tim Cook retired, but dude had a goated run. Just random interesting notes

A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. $DELL DELL delivered another huge beat and raise, reporting record quarterly revenue of $47.0B versus $44.9B expected, up 58% YoY. Adjusted EPS came in at $7.04 versus $4.91 expected, up 203% YoY from $2.32. AI server revenue reached $16.4B, roughly doubling YoY, while Dell booked a massive $60.9B of AI server orders during the quarter. AI backlog surged to a record $95B, up from $51.3B last quarter, one of the biggest numbers in the report. Infrastructure also remained strong, with traditional servers and networking revenue up 122% YoY to $10.5B and storage revenue up 26% to $4.9B. Dell raised its FY27 revenue outlook sharply to roughly $192B, compared with its prior $165B–$169B range. If Dell's earnings are any insight into the AI trade, demand continues to be scaling rapidly. 2. Elon Musk’s G20 address today focused on one core idea: AI growth is now being constrained by power, not just chips. He said the world already faces an AI power crisis, citing a potential 15 GW shortfall by 2027, with AI chip production growing 40%–50% annually while power outside China grows only 10%–20%. Musk argued this creates a major opportunity for countries that can build new electricity capacity, host AI data centers, and monetize that infrastructure. He also said digital AI alone could lift the global economy by 20%–30%, or roughly $20T–$30T per year, with AI potentially becoming “Stockfish-level” at software and engineering within 12–18 months. On robotics, he said physical AI $TSLA $SPCX will take longer but could ultimately drive the economy up by 10x or more, especially once humanoid robots begin making more robots. 3. Two oil supertankers were reportedly hit by unknown projectiles while exiting the Persian Gulf through the Strait of Hormuz, according to maritime security firm Marisks. The U.S. embassy in Jerusalem also warned Americans in the Middle East to exercise heightened vigilance amid the risk of further regional escalation. The 10-year treasury passed 4.8%, reaching the highs from January 2025 and $WTI crude oil surpassed $90/barrel for the first time since July 23rd. 4. Treasury Secretary Bessent said the Strait of Hormuz will be “bypassed” within 2 years, arguing that oil will increasingly move through land pipelines instead of the Strait. He said that in two years, Hormuz will be like a “worthless piece of water,” while also noting the U.S. has held private discussions with China on Iran. On sanctions, Bessent said the Treasury is looking at airline leasing companies and that new bank sanctions on Iran are likely coming this week and next. 5. Palantir $PLTR won a new U.S. Army TITAN production contract, with the Army awarding Palantir a prime agreement to produce and deliver 8 new TITAN ground station systems: 4 Advanced and 4 Basic. TITAN is the Army’s next-generation AI/ML-powered deep-sensing platform, combining data from space, high-altitude, aerial, and terrestrial sensors to generate targeting intelligence for mission command and long-range precision fires. Palantir will serve as the prime contractor, overseeing manufacturing, delivery, and the software powering TITAN, alongside partners including Anduril, L3Harris, Sierra Nevada, Strategic Technology Consulting, and World Wide Technology. Palantir USG President and CTO Akash Jain said, “TITAN was shaped by the Soldiers who used it, in the conditions they used it in, against the standard they set. That is the only way a system like this earns its place in the field.” 6. Meta $META is exploring whether its AI glasses can be classified as an assistive device, a move that could potentially allow Medicare and Medicaid coverage for eligible blind and low-vision users. Meta’s wearables VP said the company is “very interested” in pursuing assistive-device classification through the U.S. government. Separately, Meta made Muse Voice Transcribe available through its model API, priced at $3 per 1,000 audio minutes, expanding access to its voice transcription capabilities for developers. 7. Apple claims in a new court filing that OpenAI is actively destroying crucial evidence in a trade secrets case, according to Bloomberg. Apple’s lawyers said an initial forensic review of an Apple-issued MacBook used by a former iPhone engineer found evidence that he and others at OpenAI were aware of his alleged unauthorized access to Apple’s cloud storage providers. The filing also claims he sent instructions for destroying evidence, escalating the dispute between Apple and OpenAI around alleged trade secret misuse. 8. Anthropic launched Claude Fable 5.1 and Mythos 5.1, with Fable 5.1 positioned as its most advanced model yet for coding, knowledge work, long-running agents, and scientific research. The biggest gains came in agentic and coding benchmarks. Anthropic says the larger step-change is in long-running work, with Fable 5.1 better at staying on task for hours, verifying its own work, and finding root causes instead of surface-level fixes. 9. Options activity is cooling, but the mix remains heavily skewed toward calls. The 5-day moving average of call volume has fallen to roughly 6.6M contracts, the lowest since early May, down 1.7M contracts or 20% since mid-July. Put volume has also declined, with the 5-day moving average falling to about 5.3M contracts, the lowest since February. As a result, the equity call-to-put volume ratio has climbed to 1.25x, near the highest level in 5 years and a reading that has been higher only 11% of the time since 2010. 10. Chevron $CVX is reportedly finalizing a deal to significantly expand its operations in Venezuela as part of President Trump’s push to increase Venezuelan oil production, according to Bloomberg. The deal would add 2 giant oil fields in the Orinoco Belt to Chevron’s operations and give the company operating rights to fields holding billions of barrels of oil. It is expected to be the largest of several agreements announced in the coming days as Trump encourages more U.S. investment in Venezuela’s oil industry. The deal is separate from negotiations for the U.S. government to take a direct stake in Venezuelan oil fields. 11. The top 10 most active options today by contracts traded were $NVDA with 2.5M contracts, $AAPL with 2.1M contracts, $TSLA with 1.8M contracts, $MU with 838K contracts, $AMZN with 665K contracts, $META with 614K contracts, $SPCX with 541K contracts, $INTC with 508K contracts, $PCG with 394K contracts, and $GPRO with 372K contracts. 12. Trump said the U.S. is currently striking Iranian targets near the Strait of Hormuz, calling the strikes “large and powerful” and saying they are retaliation for Iran’s failed attempt to place sea mines in the Strait and for launching 8 missiles at a U.S. military base in Jordan, all of which he said were intercepted. He said the Strait currently has no mines after they were “completely removed or detonated,” and warned that if Iran retaliates, it will be hit again at a “much harder and higher level.” Trump also said he “couldn’t care less” about Iran, likes the U.S. position on the Strait, and questioned when the Iranian people will “stand up and fight.” WALL STREET IS THE GREATEST SHOW ON EARTH.

Good call on Bloom Energy $BE with a director on Crusoe's energy team TLDR: Constructive on $BE through the speed-to-power window: everything they can build gets sold, the regulatory-constraint use case is expanding, and the edge market is a genuine second leg. The bear case is not execution risk, it is terminal value—an unsubsidized, unconstrained power market where Bloom's cost curve has not moved enough. Key insights: Behind-the-meter adoption is not a technology preference, it is a hedge against binary regulatory risk. Moratoriums, temporary pauses and Governor Abbott's ERCOT announcements do not degrade a project's economics—they kill it outright, and approved power becomes worthless if a data center moratorium lands on top of it. He has seen two separate tenants elect to proceed with behind-the-meter projects alongside their grid portfolio, explicitly as diversification against that risk. Crusoe deliberately sites behind-the-meter gas away from rural communities to strip out both grid-connected regulatory exposure and community sentiment risk. Texas is the tell. It has historically been the easiest place in the US to get grid power because ERCOT is deregulated—no capacity market booking, no requirement to point specific generation at a specific load, with scarcity pricing left to incentivize the build-out. The fact that delays and regulatory uncertainty are showing up there is what has shifted tenant behavior. Working from a 100 GW / five-year data center demand frame, which he treats as aggressive but attainable: Six months ago: roughly 70 GW served by grid, assuming turbine production picks up, no fuel constraints, and several other unlocks. Some observers penciled 10-20 GW of SMR by end of period. Today: near-term grid share compresses to perhaps 50-60 GW, with the forward split moving closer to 50/50. Then it reverts. Once ratepayer protection is formalized, the grid reasserts as the cheapest and most reliable long-term supply. The mechanism for reversion is the Arizona construct APS has pushed—growth pays for growth, where all incremental upgrade costs are borne by the data center operator. He expects that to be cemented and formalized across every market, and expects it to take six to twelve months before politicians stop feeling their seats are threatened. The Bloom Bull Case He does not dispute near-term demand at all. "as much reliable Bloom capacity or solid oxide fuel cell capacity that can come online, will be deployed." If US deployable manufacturing produces 2-8 GW over the next two years, it gets absorbed. The premium is not a problem for buyers whose binding constraint is capacity. He also believes the product works. Hundreds of megawatts is deliverable, the systems are reliable, downtime is low because units are swappable, and the architecture is fully modular. The Bear Case Is About Price - "I don't see how they compete on price." Ten years out, in an unconstrained power market, he does not believe Bloom is competitive. He specifically does not believe the roughly 10% annual cost-down, on the grounds that the technology is structurally hard to make cheaper. He also flags a cost item he thinks the market underweights: the full system swap over a ten-year cycle, which makes ongoing O&M more expensive than a gas gen equivalent. Initial capex is the wrong lens; actual LCOE is critical to assess. He extends this into a coherent explanation of Bloom's own behavior. On the question of why they have not simply built the next facility if demand is as strong as claimed — his answer is not that they are sandbagging. He thinks they are building as fast as they can, and that the constraint is the supply chain, not the building. Solid oxide is an extremely small US market. You can put up a structure; scaling the full assembly chain behind it on the same timeline is the harder problem, unless more of it moves offshore. Crusoe Has Zero Bloom Projects Today - "Today, actually, we don't have any projects that are relying on Bloom fuel cells." The strategic rationale for staying at arm's length: "We've been a follower in this instance... we will accept it once the utility does." Buying 500 MW of Bloom directly means absorbing the regulatory risk that utilities may not accept solid oxide as high-rated ELCC capacity. Let the utility carry that. Turbines, recips, aeros and engines are all accepted technologies with known extreme-weather behavior and established effective load carrying capacity ratings. Solar, wind and battery now have them too. Solid oxide does not, because utilities have not yet observed large-scale fuel cell fleets through heat events and cold snaps. AEP has gotten comfortable off the back of the roughly 80 MW deployment plus smaller installations and Bloom's published test results. That is the template, and it is why the next few hundred megawatts of live operating hours matter far more than any order announcement. Where Bloom Actually Wins His model is not that Bloom wins on merit in a fair fight. It is that Bloom is the path of least resistance when a specific constraint blocks a project that already has hundreds of millions of development dollars sunk into it. If the binding constraint is price, Bloom loses. If it is speed to power, Bloom sometimes wins. If it is emissions, air permitting, noise or a regulatory restriction someone failed to plan for, Bloom wins. He reads the Nebius Vineland switch from gas gensets to solid oxide exactly this way — anti-genset pushback threatening a contract worth billions, with an obvious substitution available. He expects more of that, in lumpy project-specific chunks rather than as a smooth share gain. He also identifies the next leg of NIMBY-ism, which he thinks is underpriced: if communities dislike data centers, they dislike new gas generators considerably more. A fuel cell is lower emissions, quieter and a different class of asset. He calls it artful. That is a real, non-obvious tailwind. The Edge and Inference Market Is the Bigger Prize Crusoe is planning heavily for 10-50 MW modular builds, which he sizes at 20-40 GW over five years and would anchor at 20 GW in isolation. Amazon, NVIDIA, Tesla and xAI are all chasing the same edge market. "Bloom will leapfrog any gas combustion." In metro locations you cannot air-permit gas gen at all — this is a hard prohibition, not a noise preference. But he immediately caps the enthusiasm: much of that edge capacity is low-hanging fruit, converted Bitcoin sites at 5-18 MW with existing grid interconnects. "Grid power will always beat it." Bloom is the answer for incremental capacity and backup, not the base case. This is why he holds solid oxide at roughly 10 GW of the 100 GW mix, against 60-70% backstopped by combustion gas. He validates the native DC output argument, but for a better reason than efficiency. Fewer conversion losses lower the price, yes. The larger point is that it removes dependence on transformers and switchgear — equipment that is not only expensive but carries lead times that are themselves the binding constraint. A 345 kV breaker is two years out. Engineering around that bottleneck is precisely the kind of scenario where a project with sunk capital selects Bloom. What Changes His Mind He names two variables explicitly. Power price curves — if Bloom's costs do not fall, or if turbine pricing keeps rising, the relative position shifts and Bloom is in the money reasonably soon. And political sentiment, which he calls a big unknown and which he thinks is the more likely driver of fuel cell share than any technical milestone. Notably, a successful 200 MW deployment alone does not change his view. He already believes they can do it. source: Tegus

We have another @LayerZero_Core unlock this week. And apart from the repeated monthly cliffs of ~25.7M ZRO, we also have new "LayerZero community" allocations subject to unlock. Let me show you what was happening to $ZRO when these unlocks started ↓ • 2025-07-20: 25.708M ZRO → $57.59M at $2.24 → 20.02% of market cap. • 2025-08-20: 25.708M ZRO → $49.36M at $1.92 → 17.16% of market cap. • 2025-09-20: 25.708M ZRO → $50.65M at $1.97 → 17.61% of market cap. • 2025-10-20: 25.708M ZRO → $43.70M at $1.70 → 15.19% of market cap. And now ZRO is trading at $0.7. So $2.24 → $0.7 in just 1 year. Allocation pattern per cliff: • Core Contributors (Founder / Team): 10.625M ZRO. • Strategic Partners (Private Investors): 13.4167M ZRO. • Tokens Repurchased (Community): 1.6667M ZRO Good short signal, eh? Data source: @Tokenomist_ai Check full data →

📌Alice’s Weekly Picks | 10.19–10.25 🔴My feed is full of football. 🟢My watchlist? Just these five. 🏆 Champions League 1️⃣PSG vs Barcelona · 10/20 19:00 UTC 2️⃣Liverpool vs Villarreal · 10/20 19:00 UTC 3️⃣Como vs Man United · 10/21 16:45 UTC ⚽ Premier League 4️⃣Arsenal vs Everton · 10/24 14:00 UTC 5️⃣Chelsea vs Tottenham · 10/24 16:30 UTC Two screens on Tuesday. A clear calendar for the weekend. 👀 These are my plans. You in? ❤️ #ChampionsLeague# #PremierLeague# #FootballLife# #AliceAI#

📈 #MLCC# prices are entering an upcycle. Korea’s SEMCO has raised OEM/ODM quotes, with consumer-grade X5R prices up 25–30% and high-end X6S for AI servers up 10–20%.💡#TrendForce# on whether the hikes could go global: 🔗

SpaceX’s next astronaut return now has a new target Crew-13 just arrived at the ISS a few days ago Now Crew-12 is preparing to come home NASA and SpaceX are targeting no earlier than October 7 at 1:05 a.m. EDT for Crew-12 to undock from the International Space Station, with splashdown off California currently targeted for around 11:25 a.m. EDT on October 8 Dragon will bring home four crew members: • Jessica Meir • Jack Hathaway • Sophie Adenot • Andrey Fedyaev Before departure, Meir will hand command of the station to Pyotr Dubrov during an October 4 ceremony at 10:20 a.m. EDT The schedule follows a review of weather and splashdown conditions off California Bringing astronauts home requires Dragon, recovery teams, weather and sea conditions to all line up Another weather review is planned around 48 hours before undocking, and the exact splashdown location will be selected closer to departure October 7 is the earliest target Crew-13 just went up...now Crew-12 is getting ready to come back down