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The Solana Name Service (SNS) announced that .sol domain registrations are expected to be suspended on August 17, 2026, to align with the subsequent eligibility snapshot process. The official statement mentioned that .sol domains registered before the suspension will be included in the upcoming snapshot range, and users can check their eligibility results after the snapshot is completed.SNS also stated that it will continue to disclose relevant progress starting from August 17, and .sns domain registrations are expected to resume in mid-September, with more details to be announced later. The official also reminded users to be cautious of fraudulent claim links and emphasized that SNS will not ask users to claim domains, sign transactions, or pay fees to receive new .sol domains.

According to Gate market data, Meta Platforms' pre-market stock price increase has expanded to 2%.

According to the latest research by TrendForce, driven by rising prices of components such as memory, the material cost of the 256GB iPhone 18 Pro is expected to increase by about 38% year-on-year, making a retail price increase unavoidable. Apple may ease the extent of the price increase by sacrificing some gross margin to maintain shipment volume and market share. Analysis shows that the proportion of memory in the BOM cost of the last two generations of Pro models has risen from about 10% a year ago to about 34% in Q3 2026, and it is expected to exceed 40% in the first half of 2027. Memory has become the largest single cost item for the iPhone, replacing the traditional dominance of application processors and displays.TrendForce points out that Android manufacturers are facing greater profit pressure, especially mid-range and low-end models, with some brands potentially forced to significantly raise prices or discontinue loss-making product lines. Since early 2025, memory prices have increased by 5 to 7 times, and it is expected that global smartphone production will continue to be under pressure from the second half of 2026 to 2027. Apple may also adjust the pricing of older models in sync with the launch of new products to partially offset the impact of rising memory costs.

According to data from the Bank of Korea, South Korea's current account surplus in June reached 49.73 billion USD, setting a monthly record for the second consecutive month, further expanding from 38.61 billion USD in May, and compared to 13.97 billion USD in the same period last year. The cumulative surplus for the first half of the year was 191.01 billion USD, the highest in history for the same period, exceeding the Bank of Korea's previous annual target of 250 billion USD by 76%. The goods trade surplus of 47.89 billion USD also set a monthly record, with exports increasing by 84.5% year-on-year to 112.37 billion USD, surpassing the 100 billion USD mark for the first time, among which chip exports soared by 196.9%, and computer peripherals grew by 282.7%.South Korea's current account has maintained a surplus for 38 consecutive months since May 2023. The services account deficit widened to 1.29 billion USD, mainly influenced by increased payments related to intellectual property; the travel account surplus was 440 million USD, the second highest since October 2008. The current account surplus for South Korea in 2025 is projected to be 123.05 billion USD, setting a historical annual record.

The South Korean semiconductor sector experienced fluctuations during the trading session, with SK Hynix and Samsung Electronics' stock prices slightly retreating, but the related contract market remained active. According to Gate market data, SK Hynix (000660) reported $1002.56 during the session, down 0.21%; Samsung Electronics (005930) reported $162.15 during the session, down 0.64%. According to CoinGlass data, the SKHYNIX contract open interest reached $693 million, of which the SKHYNIX contract open interest on the Gate platform reached $131 million, ranking second in the entire network; the SAMSUNG contract open interest reached $45.2207 million, of which the SAMSUNG contract open interest on the Gate platform reached $6.19 million, also ranking second in the entire network.

According to the latest supply chain survey by TrendForce, despite the United States implementing export controls on high-end GPUs, China's AI industry has not slowed down; instead, it is accelerating the construction of a domestic AI supply chain. The report points out that the supply structure of high-end AI chips in China is shifting from reliance on imported GPUs to a dual-track model of "domestic GPUs plus self-developed ASICs," with domestic solutions expected to capture nearly 90% of the Chinese high-end AI chip market by 2026.This year, the Chinese government is actively promoting the adoption of domestic AI chips, with policies prioritizing support for high-potential local manufacturers to significantly expand their market share in the high-end AI server market. Meanwhile, the domestic ecosystem is gradually maturing in key areas such as advanced processes, advanced packaging, and thermal management. TrendForce expects that, against the backdrop of an accelerated domestic substitution process, domestic chip manufacturers like Huawei Ascend, Cambricon, and Haiguang are likely to continue benefiting, and the related industrial chain will usher in structural growth opportunities.

Research institution SemiAnalysis released an analysis stating that SpaceX is expected to build approximately 10GW of AI data center capacity by the end of 2027. If 50% of this is used for inference services, with annual revenue exceeding $10 billion per GW, the annualized revenue could reach $300 billion. SpaceX CEO Elon Musk stated in the first earnings report that a "conservative estimate" suggests an additional 6-8GW will be added in 2027, with the actual figure possibly exceeding 10GW.SemiAnalysis's inference simulator shows that when running on the GB300 cluster at current startup cloud prices (about $3/GPU hour), leading model companies like OpenAI and Anthropic could generate annual inference revenue exceeding $10 billion per GW, with annual costs around $12 billion. Microsoft, with full access to OpenAI models and without bearing training costs, can also capture revenue of the same scale. The analysis points out that Microsoft has signed contracts for 10GW of data centers (total value exceeding $300 billion) since 2026, with a 90-day cancellation clause, significantly reducing signing risks.Regarding SpaceX's construction progress, SemiAnalysis believes Musk will significantly shorten the construction cycle by using onsite gas power generation, bypassing large power transformers, parallel construction, and shortening the debugging process. The Southaven plant in Tennessee expanded from 27 turbines (approximately 495MW) in February to 69 turbines (1.7GW) in July, and the "MiniHard" project can be completed in about 5 months with 450-500MW. However, the 10GW target still faces multiple challenges such as land approvals, gas supply, and equipment delivery. This analysis is based on model simulations, and actual implementation still carries uncertainties.

Economists surveyed by Reuters expect that the overall CPI year-on-year in the U.S. for July will drop from 3.5% in June to 3.4%; the core CPI year-on-year is expected to decrease from 2.6% last month to 2.5%. Economists at Citigroup believe that, as expected, if there is a second consecutive month of soft inflation readings, it would indicate that more than one month of data points to easing inflation pressures, which would essentially rule out the possibility of a rate hike in September. However, economists also expect that core service sector inflation will rise slightly in July, with prices increasing by 0.3% month-on-month.Previously, the data remained flat from May to June. Analysts at Bank of America stated that a rebound in core service sector indicators could keep the September rate hike on the table. Analyst Kate Duguid noted that if the latter view prevails and inflation data comes in below expectations, then the Federal Reserve's rate hike could be delayed until December or later.

According to Bifrost monitoring, hackers exploited vulnerabilities in liquidity pools to steal assets worth approximately $720,000 from the vDOT single currency pool and the vASTR/ASTR and vMANTA/MANTA pools. The related assets were subsequently deposited into HitBTC and eventually flowed into Binance.Bifrost has contacted the Binance security department to submit a fund freeze application and has reported to law enforcement along with an on-chain evidence package, including transaction tracking, wallet addresses, and timestamps. Currently, Bifrost has halted all liquidity mining rewards and is conducting a comprehensive security review.

Bitcoin mining company MARA has completed two loans, obtaining $600 million in new debt after pledging 18,750 bitcoins to expand its power generation and AI infrastructure business. The collateral was valued at approximately $1.2 billion at the time of the transaction. The total principal of the two loans is $750 million, with Coinbase Credit providing $450 million, which includes refinancing of the existing $150 million credit line and an additional $300 million; Two Prime Lending provides another $300 million, and both loans have been fully drawn.The interest rate on the Coinbase loan is the midpoint of the Federal Reserve's target rate range plus 3.875 percentage points, maturing on August 4, 2028; the Two Prime loan has a fixed interest rate of 7.65%, maturing on August 3, 2028. If the principal remains unchanged, the annual interest expense for both loans is approximately $56.7 million. MARA stated that the loan funds will be used for general corporate purposes, including paying part of the cash consideration for the acquisition of Long Ridge Energy & Power LLC. The enterprise value of the transaction is approximately $1.5 billion, and Long Ridge owns a 505-megawatt gas power plant and over 1,600 acres of industrial land, which MARA plans to use for power generation, bitcoin mining, and potential AI and high-performance computing parks.

CLR revealed on platform X that pump.fun is attracting users to migrate from the FOMO platform through an incentive program. According to the disclosed agreement documents, pump.fun plans to offer eligible users a one-time signing bonus of $20,000 and a fixed monthly salary of $30,000. The agreement requires users to: migrate funds and trading positions from the FOMO platform to pump.fun; use a new wallet that has not been used by other platforms as an exclusive wallet; bind their X (formerly Twitter) account to the pump.fun wallet; publicly declare on their X homepage that this wallet is the only public wallet; and permanently delete and close their FOMO platform account.In addition, users must also meet real trading requirements, including completing at least $25,000 in trading volume on pump.fun each month (or 25% of the previous average monthly trading volume on the FOMO platform).

According to The Information, Cursor informed employees that its sale to SpaceX could be completed as early as next week, with a transaction size of approximately $60 billion. After the deal is finalized, Cursor employees will be integrated into the SpaceXAI team.Meanwhile, the Cursor brand may no longer be used for some new products in the future, including an upcoming general agent product, which may be released under the name Grok Bot.

According to CoinDesk, the controversial BIP-110 soft fork proposal officially entered the mandatory signaling phase at around 3:35 AM Beijing time this Sunday (UTC 19:35) at Bitcoin block height 961,632, marking the start of the signaling window. This proposal aims to temporarily restrict non-financial data from being written to the Bitcoin blockchain, but the current miner support rate is extremely low, with the proportion of supporting miners far below the 55% activation threshold required by the proposal. The market is concerned that this fork chain may expand its influence in the future as more nodes join, forcing miners to compromise, or it may gradually lose vitality due to a lack of computing power and ecosystem support. Meanwhile, several key figures in the Bitcoin industry have publicly opposed this proposal, including Strategy Chairman Michael Saylor and Blockstream CEO Adam Back. Opponents believe that BIP-110 could undermine consensus in the Bitcoin network and bring unnecessary risks of division.It is reported that the BIP-110 signaling period will last until Bitcoin block height 965,664, expected to conclude in about four weeks. At that time, the community will face a critical decision on whether to activate the proposal.

According to Binance spot data, the market has experienced significant fluctuations. BICO has risen by 39% in 24 hours and has reached a bottom-rebound state.At the same time, PYR has fallen by 16.48% in 24 hours, showing a "high pullback" state. Other tokens such as AVA, PIVX, VANRY, XAI, ACX, and COOKIE have also shown a "high pullback" state, with declines ranging from 6.25% to 16.75%.In addition, CTSI and HEI have increased by 7.92% and 11.14%, respectively, both reaching a bottom-rebound state.

According to Bloomberg, former OpenAI researcher Leopold Aschenbrenner's AI fund Situational Awareness has splurged $400 million this week to support a private company, which is the semiconductor manufacturing startup Source Foundry. It is reported that VC giant Sequoia Capital has also provided support for this startup. So far, representatives from Situational Awareness and Source Foundry have not responded to requests for comments, while Sequoia Capital has declined to confirm the hedge fund's investment situation.It is reported that Source Foundry is dedicated to developing a semiconductor manufacturing process that is simpler, cheaper, and faster than existing methods, aiming to bridge the widening gap between the demand for AI computing power and the capacity expansion of chip manufacturing. Analysts believe that Leopold Aschenbrenner's large-scale investment reflects the ongoing strong demand in the market for new chip manufacturing technologies, as AI developers' demand for computing power is increasing day by day. However, this investment also reveals that Situational Awareness has formed a highly concentrated risk exposure before facing significant financial pressure due to severe fluctuations in its publicly held technology positions.

Reuters reported on the 7th, citing a U.S. official, that negotiations between Iran and Oman regarding the Strait of Hormuz have "made progress" and that an agreement is "expected to be reached soon." The official stated that once the agreement is reached, commercial shipping in the Strait of Hormuz will resume, and the U.S. will lift its maritime blockade on Iran. The official also reiterated that U.S. actions will continue to be based on the actual situation of Iran fulfilling its commitments.

Bitcoin News posted on the X platform that BTCPay Server stated a serious vulnerability is being actively exploited, which may lead to financial loss. Users should immediately update to BTCPay Server v2.4.2; users who cannot update immediately should shut down their BTCPay Server until the update can be installed to prevent unauthorized access.