ubc

According to a report by the Science and Technology Innovation Board Daily, there is a significant price disparity in the embodied intelligence data collection industry. For the same 1-hour period, the listed price for high-quality real machine data can reach 300 to 1000 yuan, while the hourly wage for end collection workers is as low as 8 yuan, with some original data transactions even dropping to 3 to 5 yuan per hour.The investigation found that the price difference mainly stems from multi-level subcontracting and the resale of data copies. A hundred-yuan order from the client, after being passed through five or six intermediaries, leaves the grassroots collectors with only about 15 yuan. The baseline remuneration for county-level projects is around 30 yuan/hour; falling below this standard poses compliance or source risks. Additionally, the resale of non-original data three to five times is "very common" in the industry, with some teams monetizing the same material through private copies or additional equipment for simultaneous recording.The report points out that while the industry loudly claims that high-quality data is scarce, data collection service providers are valued at tens of billions; on the other hand, low-priced copies are rampant, and data traceability has failed. Some intermediaries gain pricing power through order control, with domestic data producers averaging a gross profit of about 20% to 30%.

Cryptocurrency journalist Eleanor Terrett posted on the X platform that Bill Huizenga, the Republican Congressman and Vice Chairman of the House Financial Services Committee who supports cryptocurrency, has fallen behind Democratic candidate Sean McCann in the ongoing election. Huizenga is a member of the committee's Digital Assets Subcommittee, whose chairman Bryan Steil has also lost his seat.Eleanor Terrett stated that the name, scope, and membership of the subcommittee are redefined by each Congress, so the Digital Assets Subcommittee may be renamed, have its scope adjusted, or be abolished in the future.

ChainCatcher News, the acting chair of the U.S. Commodity Futures Trading Commission (CFTC), Caroline D. Pham, announced the new members of the Global Markets Advisory Committee (GMAC) and its subcommittees, congratulating Aptos Labs co-founder and CEO Avery Ching on his appointment to the Digital Asset Markets Subcommittee.GMAC is one of the CFTC's most important advisory bodies, composed of experts from both traditional finance and the digital asset space, providing long-term policy advice to the CFTC. It not only shapes regulatory decisions in the U.S. but also serves as an important reference for international discussions on global market structure and digital asset regulation. Pham expressed her anticipation of collaborating with industry leaders such as Avery, Scott Lucas, head of digital asset markets at JPMorgan, and Sandy Kaul, executive vice president at Franklin Templeton, to promote the orderly development of the digital asset market.Avery has over a decade of experience in building large-scale infrastructure. Before founding Aptos, he was responsible for blockchain development, wallet infrastructure, and the technical construction of the Diem blockchain project at Meta. Avery's addition signifies the rising influence of Web3 technology builders in global regulatory dialogues.

ChainCatcher news, according to Bitcoin Laws, Florida's Bitcoin Reserve Bill HB 487 is scheduled for a public hearing this Thursday (April 10) in the Insurance and Banking Subcommittee. This will be Florida's first public hearing on the Bitcoin Reserve Bill since it was introduced two months ago.

ChainCatcher News: The U.S. Senate Banking Committee on Digital Assets will hold its first hearing on February 26, local time, to discuss the topic of "Exploring a Bipartisan Legislative Framework for Digital Assets."

ChainCatcher message, U.S. Senator Cynthia Lummis stated on X: "Today, the U.S. Senate Banking Committee found the first concrete evidence of Operation Chokepoint 2.0. Rest assured, the Digital Assets Subcommittee will find the relevant parties and hold them accountable."

ChainCatcher news, U.S. Senator Cynthia Lummis announced on the X platform that she will serve as the chair of the Digital Assets Subcommittee of the U.S. Senate Banking Committee.

ChainCatcher news, Fox Business reporter Eleanor Terrett posted on the X platform that the U.S. Senate Banking Committee plans to vote at 10 AM Eastern Time to decide whether Cynthia Lummis will serve as the chair of the Digital Assets Subcommittee, and it is unclear whether any other announcements will be made.

ChainCatcher news, according to Forbes reporter Eleanor Terrett, the U.S. Senate Banking Committee will vote to approve the chairs and members of its various subcommittees (including the Digital Assets Subcommittee) on Thursday at 10 AM Eastern Time (January 23 at 11:00 PM Beijing Time).

ChainCatcher news, FOX Business reporter Eleanor Terrett posted on X that U.S. House Financial Services Committee Chairman French Hill has appointed Tom Emmer as the vice chairman of the Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee. He also nominated other Republican members of the committee.

ChainCatcher news, according to Fox Business reporter Eleanor Terrett's post on the X platform, the U.S. Senate Banking Committee, led by Senator Tim Scott, will establish its first subcommittee dedicated to cryptocurrency. This subcommittee will be modeled after the Republican Financial Services Subcommittee established by Patrick McHenry in 2023.Senate aides have confirmed that Senator Cynthia Lummis has been preliminarily selected as the chair of the subcommittee, pending a vote by the full committee. It is reported that the vote to approve Cynthia Lummis and the new Republican and Democratic members (still under consideration) may take place next Thursday, during which a nomination hearing for Trump-nominated Housing and Urban Development Secretary Scott Turner will also be held.

ChainCatcher news, Fox Business reporter Eleanor Terrett disclosed on social media that U.S. Congressman French Hill announced that the Financial Services Committee has identified several key positions, including:Vice Chair of the Committee: Bill Huizenga (MI-04)Chair of the Digital Assets, Financial Technology and Artificial Intelligence Subcommittee: Bryan Steil (WI-01)Chair of the National Security and Illicit Finance Subcommittee: Warren Davidson (OH-08)

ChainCatcher news, Forbes reporter Eleanor Terrett posted on the X platform that with French Hill becoming the chairman of the House Financial Services Committee, he will vacate the position of chairman of the Digital Assets, Fintech and Inclusion Subcommittee.Currently, potential candidates to succeed him include the current subcommittee vice chairman Warren Davidson, as well as Representatives Frank Lucas and Mike Flood.

ChainCatcher news, according to data from RootData, UBC has increased by 503.32% in the last 24 hours, currently priced at $0.0917.According to the Web3 asset data platform RootData, Universal Basic Compute is a self-sustaining AI infrastructure. UBC aims to guarantee a minimum level of computing resources for each autonomous AI entity, including CPU and GPU computing power, memory, storage capacity, and network bandwidth, adhering to principles of universality, basic assurance, computational fairness, sustainability, and flexibility.

ChainCatcher news, according to TheDataNerd monitoring, a trader invested 40 SOL (approximately $95,000) yesterday to buy about 14.29 million UBC.Just now, the value of their holdings has surpassed $1 million, with an unrealized profit of about $990,000 (a return on investment of 100 times), and the address has not sold any tokens yet.

ChainCatcher news, according to Lookonchain monitoring, sbfonchain.sol spent 176,000 USDC to buy 2.6 million UBC.

ChainCatcher news, according to CoinDesk, after a major group approved guidelines for the use of tokenized money market funds with the support of the U.S. Commodity Futures Trading Commission (CFTC), companies like BlackRock and Franklin Templeton may see their tokenized shares of money market funds used for trading.According to two informed sources, a subcommittee of the CFTC Global Markets Advisory Committee voted to submit these recommendations to the full committee, which is expected to vote on the proposals later this year. The report did not disclose specific recommendations, but the mere act of sending the proposals to the full committee can be seen as a next step.