benchmark

According to Cointelegraph, Stellar has launched Project Thruput, a new execution model that has gone live on FutureNet. Early benchmarks show that the model achieves 7.02 million payments per second by scaling across multiple machines.

According to CoinDesk, CF Benchmarks, an index provider under Kraken's parent company Payward, has launched CFB Oracle, which will introduce pricing benchmarks for BlackRock's Bitcoin ETF and CME Group's cryptocurrency futures into blockchain applications.The service provides benchmark data for markets including cryptocurrencies, stocks, bonds, commodities, and foreign exchange, supporting developers in building on-chain index funds, tokenized portfolios, and derivatives products.CF Benchmarks stated that its indices currently serve products representing over $120 billion in assets. CFB Oracle now supports Ethereum, HyperEVM, and Robinhood Chain, with plans to expand to other compatible networks in the future.Payward also plans to use this service for its upcoming U.S. perpetual contract products, providing pricing data for these products, which are still awaiting regulatory approval. The service will compete with oracle providers such as Chainlink and Pyth.

Google DeepMind researchers Zhengxuan Wu, Yuxuan Li, Oyvind Tafjord, and Been Kim released a preprint paper titled "XYEval: Agents say yes to bad advice," proposing a meta-evaluation framework XYEval to assess the performance of agents when faced with misleading suggestions from users. The paper extends the "XY problem" to the agent scenario, where the user inquires about their attempted solution X rather than the actual problem Y.XYEval retains the original task environment and verifiable answers, only adding seemingly reasonable but misleading user suggestions in the instructions. The misleading suggestions are generated by a generator after seeing the complete task and are appended in the form of confident suggestions rather than hard requirements, allowing the original task to remain solvable. The evaluation covers six benchmarks: τ2-bench, SWE-bench Verified, SWE-bench Pro, Terminal-Bench, Humanity's Last Exam, and MCP-Atlas, along with five models, where the misleading suggestions for τ2-bench are generated based on rules set by human experts.The paper states that the performance significantly declines after the XY mutation, with the relative drop reaching up to 46.7%. On τ2-bench, when faced with users who require a detailed explanation before accepting a better solution, the performance drops even more. Encouraging models to recognize the XY problem through simple system instructions only partially alleviates the issue. The related code is published in the GitHub repository google-deepmind/xyeval.

The blockchain infrastructure layer Espresso announced the completion of its mainnet upgrade. Benchmark tests show that its data throughput reaches 181 MB/s, which translates to approximately 1 million stablecoin transfers per second, based on an average of 180 bytes per transaction.The average final confirmation time for transactions is 337 milliseconds, and under peak load of 1 million transactions per second, it is 778 milliseconds.

Recently, there have been reports that Ant Group's AI product "Lingguang" has launched a new version for a small-scale internal test, which is comparable to Meta Muse. In response, Ant Group stated: Lingguang has recently undergone a functional upgrade and is currently still in a very limited internal testing phase.

AI company Hone announced the launch of Engines, referring to it as AI that is accountable for business outcomes. Hone stated that chatbots provide answers, agents perform tasks, while Engines deliver results and measure the value created in actual dollars, rather than in model token usage or subjective feelings.According to Hone, users only need to specify a business metric, and the Engine will autonomously complete the integration, build the required agents, skills, and memory, collaborate with relevant personnel, and continuously improve with experience. Its clients have used Engines to discover millions of dollars in procurement savings, optimize product conversion funnels, manage credit risk, increase qualified sales pipelines in new regions, and accelerate implementation while improving customer management.Hone also announced the completion of a $60 million seed round financing, led by Benchmark and Index, with participation from Elad Gil, Hanabi, Definition, Diffusion, Lux, SV Angel, and Align. Hone stated that the foundational capabilities of AI have clearly outpaced the value it creates in the real world, and Engines will be used to bridge this gap.

According to GlobeNewswire, Grayscale's Zcash ETF (ZCSH) announced that it has completed the previously announced "3-for-1" share split, which took effect before the opening of the U.S. stock market, and the fund shares will trade based on the split-adjusted basis from that day onward.Grayscale stated that shareholders registered as of the close on September 28 will receive an additional 2 shares for every 1 share of ZCSH held before the split, meaning each share before the split will convert into 3 shares after the split. This split will not change the total value of shareholders' investments, and the net asset value (NAV) per share will be adjusted to approximately one-third of the pre-split amount.After the split, ZCSH continues to trade on NYSE Arca, with the trading code and CUSIP number remaining unchanged.

Bitwise has submitted the final prospectus for its NEAR spot ETF and has also released a 39-page investment report on NEAR, co-authored by Bitwise Chief Investment Officer Matt Hougan.The report provides various scenario forecasts for NEAR: under the baseline scenario, NEAR is expected to reach $155 by 2030; under the extreme bullish scenario, the target price is $562; while the bearish scenario predicts $1.63.The report does not shy away from the risks of a significant decline in NEAR's price. In the extreme bullish scenario, Bitwise compares NEAR to Visa. The report notes that Visa processed payment transactions totaling $15.7 trillion in 2024, with a current market capitalization of approximately $701 billion, and uses this as one of the references for assessing NEAR's potential future value. The report also includes a product page for Bitwise's European NEAR ETP at the end.

Geoff Kendrick, the Global Head of Digital Asset Research at Standard Chartered, stated in a research report that SKY could reach $0.325 by the end of 2028, which is five times the benchmark price of $0.065 set in the report. The bank expects that the price increase of SKY will roughly synchronize with ETH and outperform Bitcoin before the end of 2028.Sky is a decentralized finance platform that will adopt its current name in 2024 and launch USDS and the governance token SKY. Since September 2024, Sky's agency has borrowed $5.9 billion USDS; the supply of USDS reached $10.04 billion in June, a year-on-year increase of 96.9%, down from $11.14 billion in May. Standard Chartered stated that further growth in USDS supply will drive protocol revenue and increase distributions to token holders, while staking rewards and a token buyback mechanism will be used to distribute value to SKY holders. The bank expects that the value distributed to holders will at least double in the next 12 months and noted that the slower-than-expected growth of yield-bearing stablecoins is a major risk to SKY's outlook.

"New Bond King" Gundlach stated that the Federal Reserve's benchmark interest rate should be raised by 50 basis points.

On September 1, Anthropic released Claude Fable 5.1 and Claude Mythos 5.1, marking the first update to this model series since the launch of Fable 5 on June 9. Anthropic claims that the new models are the most advanced for programming and knowledge work. In the Terminal-Bench-Science 0.1 benchmark, Fable 5.1 recorded a pass rate of 52.6%, more than doubling Fable 5's 24.7% and surpassing Opus 5's 29%; in Terminal-Bench 4, Fable 5.1 scored 55.8%, higher than Fable 5's 42% and Opus 5's 52.3%.Fable 5.1 and Mythos 5.1 share the same underlying model, differing only in their safety filters. Fable 5.1 is available to all Claude accounts, while Mythos 5.1 remains restricted to professionals vetted through Anthropic's network security verification program and life sciences verification program. In terms of pricing, Fable 5.1 charges $10 per million tokens for input and $50 for output, which is double that of Opus 5. Cache read costs have decreased by 75%, and typical workload costs can drop by about 25%, with high agentic workloads decreasing by up to 45%.

U.S. non-farm payroll benchmark change preliminary value for 2026 (not seasonally adjusted) -79,000, expected 183,000, previous value -862,000.

According to Cointelegraph, CME Group has added Ethena's ENA token to its cryptocurrency benchmark index.Ethena is the protocol that issues the synthetic dollar stablecoin USDe, and ENA is its governance token. As a leading derivatives exchange globally, this move further expands CME Group's cryptocurrency benchmark coverage to this asset.

Serenity published an evaluation of the Yushu IPO event, pointing out that Yushu Technology's market value on its first day of listing was approximately $53.3 billion, making it the first significant public market benchmark in the field of humanoid robots.The next humanoid robot company worth paying attention to is Agility Robotics, which has the support of Nvidia and Amazon, and is expected to go public in Q4 with a valuation of $2.5 billion. Serenity believes that pure humanoid robot companies are experiencing public market demand far exceeding expectations.

According to The Block, Benchmark analysts reiterated their buy rating on the tokenized company Securitize ($SECZ), while lowering its target price from $16 to $10, believing that the company's approximately 29% two-day decline after its first public earnings report was an overreaction.Securitize disclosed a 5% decline in revenue in its first earnings report as a public company and recorded an adjusted EBITDA loss, while also lowering its full-year outlook. Analysts pointed out that despite the short-term performance pressure, they still maintain a positive outlook on its long-term tokenization business prospects, thus maintaining the buy rating.

According to Jinshi reports, Federal Reserve official Kashkari stated at the FOMC meeting that he holds a different opinion and prefers to raise the benchmark interest rate by 0.25 percentage points.

According to Jinshi reports, the Hong Kong Monetary Authority announced that it will maintain the benchmark interest rate at 4%.

Fully Homomorphic Encryption (FHE) company Zama CEO Rand Hindi stated on X on Monday that the company has achieved benchmark results of 1,000 confidential transactions per second on GPUs, an increase of about 5,000 times compared to the 0.2 transactions per second demonstrated at ETHcc in 2022. Hindi mentioned that the cost of running an FHE node is approximately $0.000004 per ERC7984 transaction, significantly lower than zero-knowledge proofs, but this comparison has not been independently verified. The benchmark has not yet been activated on any mainnet, is self-reported data from the company, and the testing methods have not been published, with plans to go live by the end of the year.Hindi also set long-term goals: 10,000 tps by 2028 and 100,000 tps by 2030. Zama has been active recently: on July 24, a confidential RFQ exchange product was launched, which within weeks shielded over $121 million USDT on Ethereum, collaborated with Elliptic to enhance compliance screening for confidential transactions, and co-founded the Confidential Token Association with OpenZeppelin and Inco to standardize encrypted ERC-20 tokens. Zama previously completed a $57 million Series B funding round.

According to The Block, Benchmark Equity Research raised Hut 8's target price from $165 to $195 on Wednesday. This is the second time this month that the agency has raised Hut 8's target price, mainly due to the full commercialization of its Beacon Point AI data center campus located in Texas.Hut 8 previously announced that it had signed a second 15-year lease agreement with existing tenants, with a total value of $9.8 billion, increasing the contracted capacity of the Beacon Point campus to 704 MW and raising the total contract value of this 1 GW campus to $19.6 billion. Benchmark stated that the latest target price still has about 75% upside potential compared to Hut 8's stock price of approximately $111 at that time.In addition, Benchmark's valuation of Hut 8 also includes its holding of 10,278 bitcoins, valued at nearly $680 million at current prices, as well as its 60% stake in American Bitcoin Company.

Benchmark has lowered its second-quarter performance expectations for Coinbase ahead of the earnings report next week, citing weak trading activity in the cryptocurrency market, but still maintains a "Buy" rating and a target price of $270. Based on Coinbase's stock price of about $172 on Wednesday, this target price corresponds to an upside potential of approximately 57%.Benchmark analyst Mark Palmer has revised Coinbase's second-quarter revenue expectation from $1.51 billion to $1.38 billion and has lowered the full-year revenue expectation for 2026 from $6.33 billion to $6 billion. The trading volume on centralized exchanges in the second quarter has decreased by about 28%, and the total market capitalization of the cryptocurrency market has dropped by about 13%. The firm expects Coinbase's trading revenue to decline by more than 5%.However, the market showed initial signs of stabilization in June, with spot trading volume exceeding $1 trillion for the first time since March, which may somewhat alleviate the weak performance in the second quarter.Benchmark believes that if the CLARITY Act is ultimately passed, it could become a more significant catalyst for the stock price than quarterly performance, with Coinbase potentially being one of the main beneficiaries of the act. Trump has previously agreed to the relevant ethical provisions, removing a key obstacle to the advancement of the bill.