

News
SEC tightens reporting for cryptocurrency exchanges
Previously, at the request of the Commission, trading floors reported on assets on behalf of clients. Now the regulator plans to oblige exchanges to bear responsibility for clients’ assets. Thus, from now on, they must register clients’ cryptocurrencies as assets, and their liabilities as liabilities. The aim is to provide a consistent and transparent accounting method. As a result, greater control over the circulation of crypto assets on registered exchanges.
Some analysts noted that the new requirements will lead to an increase in corporate accounts of publicly traded companies that are registered with the SEC. For example, Coinbase holds $278 billion in client digital assets, but the actual trading platform liabilities in a corporate account are now just over $21 billion.
Recall that in 2021, the United States called on the Financial Accounting Standards Board to develop reporting requirements for companies with investments in cryptocurrencies.
Earlier, Gensler urged Congress to clarify the regulation of bitcoin exchanges. He later stated that the latter must comply with investor protection requirements similar to those applied in the equity and derivatives markets.
In January 2022, the SEC promised increased oversight of bitcoin exchanges, and the new law is the first such document on the way to regulating the work with crypto assets.
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News
“Some of our clients didn’t believe the data until they put it to the test.” HBM3 Gen2 memory is already being tested by Nvidia

Micron has already started shipping HBM3 Gen2 memory to Nvidia, and the testing results seem to be very impressive.
The memory is being supplied for testing only: mass production apparently has not yet begun. However, it is already clear that new memory can significantly speed up products that will use it.
In the hands of our customers we have samples that, compared to those of our competitors, simply amaze everyone.
In fact, power consumption is so much lower with higher performance that some of our customers didn’t believe the data until they put it to the test.
Micron Business Director Sumit Sadana
Unfortunately, Micron has not yet presented any indicators, although we have data from the announcement. Let’s remember that we are talking about 24 GB of memory per stack with a throughput of more than 1.2 TB/s and energy efficiency two and a half times higher than the previous generation of HBM.
HBM3 Gen2 memory is expected to be used in Nvidia Blackwell compute accelerators, which could appear as early as next year. Such memory is unlikely to appear in gaming video cards, although GDDR7 will also offer an impressive increase in performance compared to GDDR6X.
News
China’s SMIC is only four years behind TSMC and Samsung, although US sanctions should keep the gap to 10 years

The Chinese company SMIC has recently become much more famous due to the fact that, as it turns out, it has mastered the 7 nm process technology and successfully released the Kirin 9000s SoC for the new flagship Huawei smartphones on it. A fresh report shows that SMIC is at most four years behind the semiconductor market leaders.
At the same time, US sanctions pressure was intended to keep China at a distance of 10 years from leaders, including TSMC and Samsung.
US authorities view the emergence of the Kirin 9000S as a serious threat. However, this cannot be said that sanctions do not work or that China will quickly close the existing gap. Bloomberg says Chinese companies, including SMIC, are finding it increasingly difficult to purchase advanced EUV lithography equipment. Such equipment is produced in large quantities and in a form suitable for the specified tasks, in fact, only by the Dutch ASML, and it is prohibited from selling installations to China. As a result, the transition from a 7 nm process technology to some more modern one, that is, at least 5 nm, may become an insurmountable obstacle for SMIC while sanctions are in effect.
At the same time, it recently became known that China is at least trying to create an advanced lithograph operating on a particle accelerator, which will be able to produce products at 2 nm standards.
News
Changan CS35 Plus Super Edition presented: two pedals, two screens and 160 hp. for 11 thousand dollars

The Changan CS35 Plus crossover is already inexpensive, but with the Super Edition it has become even more interesting: the price is lower, and the equipment is still at a high level. They presented the car in China, the cost was only 11 thousand dollars.
The crossover is equipped with a 1.4-liter Blue Whale line engine with a power of 160 hp. The engine is paired with a 7-speed robotic transmission with two wet clutches, the drive is exclusively front-wheel drive.
It is equipped with a multifunction steering wheel, a combined interior with red leather inserts, a digital instrument panel with a 9-inch screen and a media system with a 10.25-inch display, climate and cruise control. In general, all the necessary comfort options are there.
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