Xiaomi produces chips, and the China-US technology war is intensifying.
Xiaomi announced the mass production of the 3nm chip XRING 01, becoming the fourth company in the world to independently develop a 3nm mobile chip (after Apple, Qualcomm, and MediaTek). This stands out particularly against the backdrop of the ongoing pressure from the U.S. on the Chinese chip supply chain.
**Why is this matter important?**
What does 3nm process mean? The smaller the chip, the more transistors can be packed into it—XRING 01 has 19 billion, which is similar to Apple's A17 Pro. Stronger performance and lo

# The Fate of Market Makers: Why Institutions Lose More Than Retail Investors?
In the past two weeks, I have witnessed two "black swan" events: the $19 billion liquidation wave in the crypto market on October 11, and the sudden collapse of the CS2 skin market.
The most ironic thing is that the ones who suffered the most are not the retail investors, but the "middlemen" who rely on the spread for their income. Wintermute was forced to stop trading, and the hedge fund Selini Capital suffered a loss of $18 million to $70 million in a single day. These institutions have the most advanced quantita

# Samourai Wallet accused of being involved in a $237 Money Laundering case, privacy tool faces regulatory storm
A founder of a cryptocurrency privacy tool has fallen. Keonne Rodriguez, co-founder of Samourai Wallet, was sentenced to 5 years in prison for illegally engaging in remittance business and Money Laundering conspiracy, and must forfeit 6.3 million USD.
Key data: The prosecution alleges that this wallet facilitated **over $237 million in illegal transactions**, involving drug trafficking and other criminal activities.
**Why is this wallet so powerful?**
Whirlpool and Ricochet are two