On October 1, 2020, one day before the U.S. Department of Justice and the Commodity Futures Trading Commission filed charges against BitMEX  and its four key executives, Samuel Reed, co-founder and CTO of BitMEX，was taken into custody in Massachusetts and would be presented before a federal court in Massachusetts. On April 6, 2021, Arthur Hayes landed at an airport in Honolulu, where he surrendered to federal agents on the tarmac. In August 2021, BitMEX itself reached a civil settlement with the Commodity Futures Trading Commission and the Financial Crimes Enforcement Network, agreeing to pay $100 million in civil penalties. According to individuals familiar with the matter, all defendants initially pleaded not guilty in the criminal proceedings. However, between February and March 2022, BitMEX’s three co-founders each changed their pleas and agreed to plead guilty. Arthur Hayes pleaded guilty in February 2022 to violating the Bank Secrecy Act and related AML requirements, and agreed to pay a $10 million criminal fine.  In May 2022, he was sentenced by the U.S. District Court for the Southern District of New York @SDNYnews to six months of home detention followed by two years of probation. The same court also ordered the other two BitMEX co-founders to each pay $10 million in penalties. Benjamin Delo was sentenced to 30 months of probation without home detention, while Samuel Reed received 18 months of probation. In late 2021, Gregory Dwyer agreed to be extradited from Bermuda to the United States. On August 9, 2022, the U.S. Department of Justice announced that Gregory Dwyer, BitMEX’s Head of Business Development, had also pleaded guilty in the criminal case. He admitted to violating the Bank Secrecy Act by willfully failing to establish, implement, and maintain an AML program at BitMEX. Under the terms of his plea agreement, he agreed to pay a separate $150,000 criminal fine. Dwyer was subsequently sentenced to one year of probation. In total, BitMEX-related penalties amounted to approximately $130 million. Following the enforcement actions by U.S. authorities, both Arthur Hayes and BitMEX suffered significant reputational and operational setbacks. In the years that followed, Hayes increasingly repositioned himself as a high-profile commentator in the crypto space, frequently promoting speculative projects and leveraging his industry influence and social media presence to attract retail investors. @TheJusticeDept @CFTC  @USDOJ_Intl   @bitmex @CryptoHayes  @bendelo  @STRML_ @BitMEX_Ethan @Crypto_slutz @r_polansky @sudhu_aru @BitMEX_sandisam @business @markets @BloombergAsia @Reuters @watcherguru @zachxbt @insiderwire  @WhalePanda @Tintinx2021 @yq_acc @RichardPtardio @JamesWynnReal @muphasamc @huskyXBT @JSeyff @0xcryptosam @degeneratenews @crypto_condom

Arthur Hayes @CryptoHayes was born in Detroit, USA, in 1985. He later moved with his parents to Buffalo, New York, where he attended the Nichols School—a private preparatory school located in the city. In 2004, Hayes began his undergraduate studies at the Wharton School of the University of Pennsylvania. His notable alumni peers include @realDonaldTrump , @elonmusk,  @WarrenBuffett  and others. Subsequently, Justin Sun @justinsun enrolled in a master's program in Political Economy at the University of Pennsylvania, thereby fulfilling his aspiration to become an alumnus alongside the aforementioned figures. In 2008, following his graduation from the Wharton School, Hayes joined the trading division at Deutsche Bank (Hong Kong), marking the beginning of his career as a derivatives trading specialist. In 2011, Hayes moved to the derivatives trading division at Citi (Hong Kong). In 2014, Arthur Hayes co-founded BitMEX alongside Ben Delo and Samuel Reed, focusing primarily on the trading of crypto asset derivatives. Ben Peter Delo @bendelo   is a co-founder and co-owner of BitMEX. And during the relevant Period , he has been the Chief Operating Officer of BitMEX.  He is a U.K. citizen and graduated from Worcester College, Oxford University in 2005 with a degree in Mathematics and Computer Science. He has never been registered with the Commission in any capacity.  After graduating, Ben joined IBM as a software engineer. Later, he developed high-frequency trading systems for the hedge fund GSA Capital and JPMorgan Chase. Samuel Reed @STRML_ borned in1990， is a co-founder and co-owner of BitMEX, and describes himself as Chief Technology Officer of BitMEX.  He is a U.S. citizen and has resided in Milwaukee, Wisconsin and Boston, Massachusetts during the Relevant Period.  Samuel graduated from Washington & Lee University with a degree in Computer Science and was served as CTO of two technology companies: Tixelated and Global Brand Solutions of Hong Kong. During the Relevant Period, Reed has held his ownership interest in the BitMEX entities through a Wisconsin limited liability company that maintains bank accounts at banks in the United States, and owns property in the U.S. Reed has never been registered with the Commission in any capacity. Hayes, Delo, and Reed have shared responsibility for various aspects of the  BitMEX business. At a high level, Delo has been responsible for building and overseeing the BitMEX trading engine, Reed has been responsible for building and overseeing the BitMEX website, API and order entry system, and Hayes has been responsible for strategic decisions, business development, marketing, and management of the BitMEX enterprise.  @TheJusticeDept @CFTC  @USDOJ_Intl   @bitmex @BitMEX_Ethan @Crypto_slutz @r_polansky @sudhu_aru @BitMEX_sandisam @business @markets @BloombergAsia @Reuters @watcherguru @zachxbt @insiderwire @WhalePanda @Tintinx2021 @yq_acc @RichardPtardio @JamesWynnReal @muphasamc @huskyXBT @JSeyff @0xcryptosam @degeneratenews @crypto_condom

It’s worth briefly revisiting the rather legendary story behind UTStarcom and SoftBank China Venture Capital. Hong Lu, born on November 3, 1954, is a Chinese American entrepreneur. His family traces its roots to Ningbo City, Zhejiang Province，China.. He was born in Taiwan, Province of China and moved to Japan at the age of six. After graduating from Tokyo Metropolitan Jonan High School, Lu went on to study civil engineering at the University of California, Berkeley, where he was two years senior to Masa Son @masason After graduating, Hong Lu joined Masa Son’s startup, Mspeech System Inc, whose core business was selling portable voice translation devices.  In March 1982, Son returned to Japan to recover from an illness. Before leaving, he sold his U.S. company Unison World to Lu. For a time, Unison maintained a close partnership with Kyocera, the company founded by Inamori Kazuo. In 1986, the two companies formed a joint venture called Kyocera Unison and attempted to take it public. The plan ultimately fell through, and Lu exited the venture. In 1990, Lu made his first exploratory trip to mainland China. A year later, in 1991, Lu teamed up with his Berkeley classmate and Masa Son’s former Chinese tutor, Charles Xue @xuemanzi8848， along with Son himself. Together they acquired Zhejiang Yutong, a company originally founded by Peter Wang(Zuguang) , reorganizing it and renaming it Unitech Telecom (UT). That same year, Wu Ying , then working at AT&T Bell Labs, partnered with Chauncey Shey to launch Starcom in New Jersey. The company initially operated as a technology consulting firm, essentially providing engineering talent as outsourced services. Among the temporary engineers they hired was Bill Huang(Xiaoqing ), who at the time was doing R&D at Racal Telecom in the UK. In 1994, Bill Huang(Xiaoqing ) joined Unitech Telecom. On October 6, 1995, Unitech Telecom and Starcom merged in a 50–50 deal to form UTStarcom. Just two weeks later, on October 19, the company secured $30 million in funding from SoftBank. On March 5, 1996, UTStarcom China was established. By 1999, after several rounds of major investment totaling roughly $160 million, Masa Son became chairman of UTStarcom, increasing his stake to 51%. On March 3, 2000, UTStarcom successfully went public on the NASDAQ. In 2001, Charles Xue exited the company, cashing out roughly $150 million. Later that same year following the IPO, Masa Son committed $90 million, while Hong  Lu，Chauncey Shey, and others contributed $10 million, forming the first fund for SoftBank China Venture Capital (SBCVC). Brilliance of Berkeley，and with that , the wheels of fate have begun to turn.

Intel CEO Lip-Bu Tan sat down with CNBC’s Jim Cramer to talk about Apple; Intel 14A rivaling TSMC's top chip production technology; Shortages of CPUs and substrates; and the state of Intel's turnaround. How to know when Intel signs Apple or other foundry customers: Intel CEO Lip-Bu Tan: “Over time, the IP will be ready so we can serve some of these customers. I think the best indication, when you see I increase my capex, I’m putting money to buy equipment, that means I have real customers. That’s the discipline I have.” Intel 14A manufacturing process and EMIB-T advanced packaging: Intel CEO: “(A14) is 1.4nm, this is the most advanced. To be candid with you, in 2028 we will have risk production. 2029 will be volume production. It will be the same time as TSMC. So that is a major, major breakthrough, and I’m so excited. And we already have multiple customers engaged with us, and we have 0.5 PDK available.” Taking advantage of TSMC’s CoWoS shortage Intel CEO: “Our technology is called EMIB-T, this is the next generation of advanced packaging. We really have the best technology and now we are making sure we can bring it into volume production with reliable yield so the customer can count on us.” CEO: “You know, CoWoS…(TSMC) ran out of capacity, so in a way we’ve become in the unique position to support that and that’s something we are very excited (about).” Shortages of CPUs and Substrates CEO on the CPU shortage: “I’ll give you one example. I had one customer say Lip Bu, we gave you the forecast for this year, but we want to increase 3x, and I say I cannot do it overnight but give me a few quarters and I will catch up. So, I think this demand is not short term, it’s the next couple of years. It’s a great opportunity.” CEO: “Right now, as I mentioned, CPU is in high demand. And that’s good for me. I cannot even ship enough to the customer. It used to be the CPU to GPU ratio for training was 1-to-8. And now, because of inference and agentic AI, and more agents you have to manage, and orchestration, and reinforced learning, CPU is actually better, so that becomes 1-to-4 and 1-to-1 and some people even talk about 4-to1, and so that’s a huge opportunity to me to drive the CPU....” CEO on Substrates: “A couple of customers have prepaid for substrates, because the substrate supply chain is very tight – so I need to put up the money to secure this material…(and it shows) the commitment to me – so that’s very exciting.” Intel’s Turnaround CEO: “We used to have leadership in data center, and over the years we lost it…We made some big mistakes,” he said, adding he’s brought back some talent to refocus the product lines and that “Coral Rapids will have multi-threading, and will come out very strong.” CEO: “When I took over, the 18A yield was not good, so I had to ask some of the ecosystem partners to help me look at the data, see how to improve. The best practice is to see 7% or 8% yield improvement per month, and now I’m seeing it.” CEO: “The other part is supposed to be the yield performance, defect density, you know at the end of the year to see the target. Now I see that even before the end of the year – so that is very big encouragement for me and also that’s why Panther Lake can be shipped in volume now. And now some customers knock on my door and say Lip Bu, now we hear you are making great progress, can you now open up to outside customers? So that is very exciting. It’s a lot of hard work, it’s a lot of teamwork, it’s a lot of talent I’ve brought on board.” CEO: “In the past we made a lot of mistakes and now we correct the mistake and we’ve simplified the roadmap. By the way, from Day 1 I came on board as the CEO, I have all the engineers report to me so I have an understanding, hear from the customer, and know where are the mistakes.” Cramer: “They didn’t report to the previous CEO?” CEO: “No. And in a way, they had too many silos, too many people reporting…So I decided, the best thing is to really understand where the problem is, so I can focus on the engineering, how to redesign, simplify the product and then get the real killer products out.” Cramer asks about China, Taiwan and the importance of US manufacturing: CEO: “I was very glad for President Trump understanding the strategic importance for the United States to have (chip manufacturing supply chain) and their support is so valuable to me – it’s so critical for the country to have the technology, R&D development, manufacturing in the United States. That’s why I came back in, as a U.S. citizen – as a calling – to do that.” CEO: “From time to time I update President Trump and also (Sec.) Howard Lutnick and they are big supporters of me and we are delighted to have their support.” Going forward: CEO: “I recruited some key talent…and now, by the end of June, I will have my team, what I consider my team, so that we can work on the next 5-years, 10-years, how to become a different company. I call it the New Intel, work at the speed of light, work as a team to progress forward.” $INTC $TSM #Samsung# $UMC $GFS #semiconductors#

🚨🇨🇳 U.S. NAVY IN PANIC: CHINA ARMS ITS MAIN DESTROYER CLASS WITH YJ-20 HYPERSONIC MISSILES New PLA footage has shown a Type 052D destroyer launching the YJ-20 hypersonic anti-ship ballistic missile for the first time publicly. Previously demonstrated aboard the larger Type 055, the weapon has now reached the class that forms the backbone of China’s surface fleet. 🔸 The YJ-20 is a boost-glide weapon capable of speeds above Mach 5, with its range estimated at up to 1,500 km. Its manoeuvring bi-conic glide body can strike ships at a steep, near-vertical angle, making interception far more difficult. 🔸 The missile was cold-launched from one of the Type 052D’s 64 universal vertical-launch cells, ejecting above the ship before its motor ignited. 🔸 More than 35 Type 052Ds are already in service, with additional ships under construction. Unlike the smaller Type 055 fleet, these destroyers are produced in large numbers and routinely operate across the South China Sea and Western Pacific. 🔸 The YJ-20 does not need to replace the YJ-18. A mixed load allows Chinese destroyers to combine long-range hypersonic attacks with sea-skimming cruise missiles, forcing carrier defenses to confront different speeds, trajectories and approach angles. 🔸 This is what makes the integration more important than a single launch. Hypersonic anti-ship firepower can now spread beyond China’s largest destroyers to a far more numerous class, creating more launch platforms and attack directions. 🔸 The Pentagon’s leaked Overmatch brief found that American warships such as the Gerald R. Ford were often destroyed in Taiwan war games. Giving China’s primary destroyer class a hypersonic carrier-killer makes those scenarios even harder for the U.S. Navy. The threat is no longer one rare missile aboard a handful of large warships. It is China’s mass-produced destroyer fleet gaining the ability to attack U.S. carrier groups from extreme range. What threatens U.S. carriers more: the YJ-20’s speed or the number of ships that can launch it?

# Neo4j Features and Practical Usage ♻️ "Create it if missing, update it if present." Idempotent writes that never produce duplicate nodes—no matter how many times you replay an event stream—come down to a single `MERGE`. 🏷️ Title: CREATE / MERGE / SET / DELETE 🔗 URL: 📘 Overview `MERGE` is an upsert clause: it matches and binds an existing pattern, or creates and binds it if absent. It fuses `MATCH` and `CREATE` so you can branch on whether the data existed beforehand. It is essential for making daily batches and stream ingestion idempotent. ⚙️ How It Works ・All-or-nothing: `MERGE` operates on the whole pattern—either everything matches or everything is created. It never partially reuses an existing pattern. To mix matching and creating, decompose into multiple `MERGE` clauses. ・`ON CREATE SET` / `ON MATCH SET`: property assignments that run only on create or only on match—handy for creation timestamps or access counters. Both can coexist. ・Merging relationships: at least one endpoint node must already be bound. An undirected `-[r:KNOWS]-` is tried both ways before creating left-to-right. ・Constraints: a uniqueness constraint gives `MERGE` conflict detection and prevents duplicates. For performance, creating an index on the label/property is strongly recommended (without it, every merge scans all nodes). 🛠️ Practical Usage Idempotent upsert over an event stream: ```cypher MERGE (u:User {id: row.userId}) MERGE (p:Page {url: row.url}) MERGE (u)-[v:VIEWED]->(p) ON CREATE SET v.count = 1 ON MATCH SET v.count = v.count + 1 ``` A standard pattern for creating derived nodes without duplicates: ```cypher MATCH (person:Person) MERGE (loc:Location {name: person.bornIn}) MERGE (person)-[r:BORN_IN]->(loc) ON CREATE SET r.createdAt = timestamp() ``` 💡 Use Cases ・Ingesting clickstream/IoT events, deduplicating the same user and page while accumulating counts. ・An ingestion layer where multiple pipelines write master data without ever doubling up entities. ⚠️ Caveats ・Always pair `MERGE` keys with a uniqueness constraint. Without one, concurrent runs can briefly create duplicates (constraints guarantee only eventual consistency). ・`MERGE` rejects `null` property values. Do conditional assignment with a later `SET`. ・You cannot cross-reference a node being created within the same `MERGE`. Match it first, or split into a `SET`. ・`DELETE` fails on a node that still has relationships; use `DETACH DELETE`. #Neo4j# #Cypher#

R. Lee Ermey during his time as a real U.S. Marine Corps drill instructor in 1966. Long before audiences knew him as the unforgettable Gunnery Sergeant Hartman in Full Metal Jacket, R. Lee Ermey had already lived the life he would later portray on screen. After enlisting in the U.S. Marine Corps in 1961 following a troubled youth, Ermey eventually became a drill instructor at Marine Corps Recruit Depot San Diego. His commanding voice, razor-sharp delivery, and demanding style were not created for Hollywood—they were developed while training real Marine recruits during the Vietnam War era. Following his service, including a tour in Vietnam, Ermey entered the film industry almost by chance. He initially worked as a technical advisor on military productions, but his authenticity quickly earned him acting roles. When Stanley Kubrick began casting Full Metal Jacket, Ermey was hired only to advise on military accuracy. However, after recording an improvised drill instructor performance filled with original insults and commands, he impressed Kubrick so much that he was cast as Gunnery Sergeant Hartman. The performance was rooted in Ermey’s own experiences as a Marine drill instructor. Kubrick reportedly allowed him to replace much of the scripted dialogue with his own improvised lines, making Hartman one of the rare major film characters whose personality was shaped largely by the real-life experiences of the actor portraying him. Even decades later, Ermey remained a strong supporter of veterans and the Marine Corps, becoming one of the most recognizable military figures in American popular culture.