一位名为 CircuitCindy 的网红，给她的猫咪，打造了一台零食分发老虎机，目前在英文区爆火了。当猫摇到三个一样颜色时，会给猫咪分发零食。 该机器可以远程设置保底次数，确保在一定数量掷骰后，绝对会出现中奖。

Open Letter to Tongji University President Yang Jinlong from Fairness-Concerned Faculty- 同济大学全体关切公平的教师写给杨金龙校长的公开信 interesting letter circulating

一块光伏板解锁多重价值！中国探索板上发电、板下种草、板间养殖循环生态体系。 One solar panel delivers multiple benefits. China develops a circular ecosystem: power generation on panels, grass cultivation underneath, livestock breeding in between.

英伟达、OpenAI 和微软这些科技巨头之间，正在玩一种左手倒右手的“循环融资”！ 几千亿资本支出买芯片，看似繁荣，背后却全是表外壳公司的虚假债务。 Semper Augustus 投资管理公司总裁兼首席投资官克里斯·布鲁姆斯特兰（Chris Bloomstran）明确指出： 当前由微软、谷歌等云服务巨头（Hyperscalers）、芯片制造商英伟达（Nvidia）以及生成式 AI 头部企业 OpenAI 共同吹起的万亿美元 AI 投资狂欢，其底层正面临高昂的折旧壁垒以及极具系统性风险的循环融资（Circular Financing）黑洞。 根据布鲁姆斯特兰披露的行业财务追踪，当前市场上存在约 6500 亿美元的资产负债表外特殊目的载体（SPV）债务。 这些隐形债务由科技巨头与一级市场资本联合设立，专门用于为购买昂贵的英伟达 GPU（图形处理器）提供杠杆融资。 在这套金融结构中，巨头们将采购的芯片抵押给这些表外特殊载体，通过资产证券化或杠杆信贷再度套取现金，从而完美地将高额负债从上市公司的公开财报中隐匿，以此维持股价的高估值及毛利率神话。 更具破坏性的是英伟达、OpenAI 与云巨头之间的“垃圾重组式”循环分发链条。 商业动作极其明显：微软、英伟达向 OpenAI 注入数百亿美元的资金或算力额度。 OpenAI 随即转手将这些资金全额用于采购英伟达的最新一代芯片，或向微软支付巨额的云基础设施服务费。 而微软和英伟达则将这部分来自 OpenAI 的购买支出确认为自身的营收与净利润增长。 这种资金在三者内部闭环空转的现象，直接导致各大公司的实际收入被严重虚增。

Arc昨晚的视频会议总结（Chariot项目展示）： Chariot是一个跨链抵押借贷协议，在Arc Testnet上构建。它让ETH可以跨链作为抵押品，在另一条链上借贷，同时结合真实世界资产（RWA）收益，实现“双重收益”。 会议主要演示内容： 1. 跨链抵押流程 🔹用户把ETH从Sepolia测试网，通过ETHEscrow工具桥接到Arc。 🔹这样ETH就能在Arc上作为抵押品使用，避免传统跨链的复杂和风险。 2. ChariotVault（金库）设计 🔹基于ERC-4626标准（DeFi常见金库标准）。 🔹双重收益机制：借贷人支付的利息 + USYC（Circle的国债收益率产品）带来的T-bill收益。 🔹简单说：存钱进去，既能赚借贷利息，还能额外赚稳定国债收益，效率更高。 3. 风险管理演示 🔹实时展示清算过程：抵押品价值不够时自动处理。 🔹熔断机制（Circuit Breaker）：市场异常时自动暂停，保护协议安全。 🔹深入讲解了智能合约、风险模型，以及Vault Agent（金库代理）如何自动管理USYC敞口。 总结：这是Arc Enterprise & DeFi Hackathon的Spotlight项目，展示了Arc如何支持更复杂的DeFi应用——不只是简单转账，而是真正的跨链金融基础设施。项目强调安全（风险控制强）、 可组合性，适合开发者快速构建。

1. 零撸搞这个热度起来了@CygnusFi融资2000万美元(OKX投资）刚上线的小游戏 点击Play，然后Ins号登录，玩小游戏赚星星 2. zkpass这个你们绝对可以搞，币安投资共1500万美元，赛道特殊性，零撸 3. Succinct最新测试任务 AI图：2/5/6/9/10 答题：7 days,zk circuits,Near instant,Mantle,Phala

#为什么是中国# #WhyChina# The Global Logic of China's Economic Growth in the First Half of 2026: A 4.7% GDP Increase 2026年上半年GDP增长4.7%：中国经济增长的全球逻辑 According to the latest semi-annual report, China's gross domestic product (GDP) reached 69.6 trillion yuan, representing a year-on-year increase of 4.7% at constant prices, in line with the annual growth target. Against a backdrop of intertwined international complexities and volatilities, China's economic performance is commendable. Yet, a closer look at the data reveals that the logic underpinning China's economic growth is being reshaped. (I) At the Industry Level, Notable Highlights Emerge: First, new quality productive forces are being cultivated and strengthened at an accelerated pace.** In the first half of the year, industrial production grew robustly. The value-added output of the equipment manufacturing sector increased by 9.3% year-on-year, and that of high-tech manufacturing grew by 13.3%, both outpacing the overall growth rate of industrial output above a designated scale. This underscores a clear trend toward a high-end, intelligent, green, and integrated industrial structure. Looking at specific products, the output of 3D printing equipment, lithium-ion batteries, industrial robots, and other products emblematic of new quality productive forces surged. The average daily token call volume has reached hundreds of trillions, showcasing the vitality and potential of the digital and intelligent economies. Second, new growth drivers are accelerating to take on a leading role. Preliminary estimates suggest that new growth drivers—encompassing high-end manufacturing, the digital economy, and modern services—contributed over 40% to economic growth in the first half of the year. The economy's distinct shift toward a higher quality and more optimized structure is evident, and this overall trend is accelerating. For instance, industries related to artificial intelligence, such as integrated circuit manufacturing and intelligent vehicle equipment manufacturing, have all maintained high growth rates exceeding 30%, vividly illustrating the pace of China's industrial upgrading. Third, confidence on the investment front is on the rise. In the first half of the year, investment in high-tech industries grew by 4.6% year-on-year. Notably, investment in the manufacturing of aircraft, spacecraft, and equipment, computer and office equipment manufacturing, and information services grew by 23.3%, 8.1%, and 15.5%, respectively. Investment structure best reflects market expectations. The increasing "new economy content" in investments signals an acceleration in the replacement of old growth drivers with new ones. Investment in intellectual property products grew by 9.4%, indicating that enterprises are placing greater emphasis on R&D and innovation. This suggests that technological advancement is not simply about capacity expansion but about qualitative change driven by innovation. (II) Observing a Major Economy Requires Looking Beyond the Immediate Figures to the Long-term Trajectory. Behind the "new economy content" of the semi-annual report lies China's ongoing transformation from a global manufacturing hub to a global center of innovation. At the 17th Annual Meeting of the New Champions (Summer Davos), observers noted a new phenomenon: a host of unicorn companies are heading to China. They are establishing R&D centers, regional headquarters, and deeply integrating into China's innovation and industrial chains—shifting from "produced in China" to "created in China." So, why China? Economist Justin Yifu Lin, in his book *Demystifying the Chinese Economy, touched upon the theory of the "speed of technological change." He argues that the essence of the industrial revolution is not just the application of new technologies, but more fundamentally, the ever-accelerating pace of technological change. Since the mid-18th century, starting with the steam engine reshaping the textile industry, the snowball of technological change has grown, rapidly sweeping through industries like chemicals and automobiles, ultimately redrawing the geographical map of great power competition. Looking at China today, the trajectory of accelerating technological change is equally clear. A leading enterprise can drive an entire industry, which in turn can boost a whole region. These burgeoning industrial clusters, growing from saplings to forests, not only enhance production efficiency and invigorate market vitality but also effectively improve development quality and resilience. For example, specialized and sophisticated "little giant" enterprises above a designated scale in Beijing, through deep cultivation of innovation chains, supply chain collaboration, and international expansion, have become "connecting points" and "accelerators" for the dual circulation strategy. More importantly, emerging industrial clusters possess powerful spillover effects. The rapid rise of new energy vehicles is not only reshaping the automotive industry but also driving transformations in chips, software, and energy networks, allowing more sectors to gain value from efficiency improvements. The swift advancements in AI and biomedicine are sparking a "gentle qualitative change" in people's livelihoods, significantly enhancing the sense of fulfillment and well-being through smarter, more affordable products and more livable environments. (III) Looking from the First Half to the Full Year, China's Development Momentum Remains Positive. Of course, during this critical period of transitioning between old and new growth drivers, China's economy still faces lingering issues and new challenges. Some core areas are still grappling with "bottleneck" technologies, certain high-tech industries face external risks of "decoupling" and supply chain disruptions, and "involution"-style competition affects the new energy market ecosystem. However, most of these are issues arising from development and transition, and they can be addressed with effort. The supporting conditions and fundamental trends for long-term economic improvement remain unchanged. China's economic journey toward a newer, higher-quality model is itself a process of encountering new problems and solving them along the way. By maintaining confidence, proceeding steadily, and balancing both qualitative improvements and quantitative growth, China's industries are poised to be brimming with dynamism, and the Chinese economy will continue to advance steadily and sustainably. #China# #Jiangxi# #JiangxiEconomy# #世界经济看中国# #赣出新精彩#