more

According to Reuters, Yorkville America, the asset management company responsible for managing the Truth Social brand ETF under Trump, is nearing the completion of an acquisition deal aimed at further expanding its product line by acquiring an institutional asset management company. The deal is expected to be completed in September.Yorkville CEO Steve Neamtz stated that this acquisition will be an important step in the company's strategic expansion, pushing its business from the current product line focused on "America First" themed ETFs into a broader digital asset management field. Neamtz added that this marks Yorkville's first entry into the digital assets and cryptocurrency products sector, and the company has already submitted applications to launch approximately 12 additional ETFs in the coming weeks to months, covering various themes such as the digital economy and macro strategies.Meanwhile, Yorkville also announced the launch of the MANGOS Plus Index ETF, which will be listed on the New York Stock Exchange (NYSE) and NYSE Texas. This is Yorkville's first ETF not managed under the Truth Social brand, primarily betting on popular companies in the AI industry chain. The index tracked by this ETF includes companies such as Meta, Anthropic, NVIDIA, Alphabet, OpenAI, and SpaceX, while also incorporating AI concept stocks like Micron and SanDisk.

Blockchain security company Blockaid reported that it has detected an exploit on More Markets (More Labs) on the Flow EVM. The attacker successfully drained More Markets' WFLOW lending reserves by exploiting Ankr's bound LST (liquid staking token) and the E-Mode mechanism.According to Blockaid's monitoring, the attacker transferred approximately 15.5 million WFLOW from the mFlowWFLOW reserves, with the detected impact amounting to about 9.3 million USD. The related attack transaction cluster also includes fund transfer operations following the exploit. The specific losses from the incident and the whereabouts of the attacker’s funds are still under further confirmation.

New York state officials warn that AI-generated content and fake cryptocurrency projects are making investment scams more deceptive. Investment scam losses exceed $8 billion, a 38% increase from 2024, with 144,041 consumers reporting losses, and the median loss per incident is $10,560. AI can be used to clone voices, forge videos, impersonate financial professionals, and create social media advertisements.New York Attorney General Letitia James has warned that scammers attract investors through deepfake endorsements of celebrities, fake cryptocurrencies, pump-and-dump schemes, and fraudulent trading platforms. Some fake platforms display forged account balances, earnings, and transaction records, allowing victims to withdraw small amounts to build trust, and then request additional funds or fees. New York state officials advise consumers to verify the identity of promoters, companies, and investment projects, and confirm the destination of funds. According to the FBI, reported losses from cybercrime amount to $20.877 billion, with complaints involving cryptocurrency losses totaling $11.37 billion. Common signs of scams include promises of high returns, unsolicited investment opportunities, high-pressure sales tactics, and projects lacking clear documentation.

According to monitoring by Catcher Predict, in the Polymarket prediction market event "Baltimore Orioles vs. Athletics," the sub-market "Baltimore Orioles vs. Athletics" option for "Baltimore Orioles" has experienced significant fluctuations in winning probability, soaring from 57.5% an hour ago to the current 80% (a fluctuation of 22.5%). Please note the impact of relevant breaking news.

Federal Reserve Chairman Waller warned that inflation has not shown meaningful signs of slowing down and stated that policymakers must be confident that inflation is moving in the right direction; otherwise, the central bank "has work to do." Waller reiterated that the Federal Reserve will bring the inflation rate back to the 2% target. He stated that this is a clear and fixed goal.Waller said, "My standard is that we must be confident that underlying inflation is moving toward our target, and the pace must be clear enough and fast enough. Otherwise, we have work to do. That is our responsibility."Waller also stated that current financial conditions are not restrictive, and interest rates are the "primary tool" for the Federal Reserve to fulfill its responsibilities.

The UK's HM Revenue and Customs (HMRC) stated that for the 2024 to 2025 tax year, 240 individuals each reported capital gains from crypto assets exceeding £1 million, totaling £717 million, accounting for more than half of the total. The capital gains of all 17,600 filers amounted to £1.38 billion, with disposals totaling £13.8 billion. Taxpayers reporting capital gains below £25,000 accounted for 65%, contributing only 7% of the capital gains and 8% of the disposals.Among crypto asset taxpayers, 54% are aged between 25 and 44, and 81% are under 54; males account for 87%, contributing 93% of the capital gains. The UK is advancing regulation based on the OECD crypto asset reporting framework, requiring trading service providers to provide customer information to tax authorities, with HMRC set to start receiving relevant data in 2027; service providers failing to comply will face fines of up to £300 per user. James Murray, Financial Secretary to the Treasury, stated that capital gains from crypto assets are subject to tax just like other capital gains. The UK Treasury plans to defer capital gains tax on DeFi lending and assets deposited into liquidity pools until the actual disposal of the assets. For the 2025 to 2026 tax year, capital gains exceeding the tax-free allowance must be reported by January 31, 2027.

Trader Ansem posted that the altcoins of 2017 are essentially not much different from today's Meme coins. The former often attracted market funds through white papers and founder narratives, while today's Meme coins at least explicitly acknowledge that their essence is a form of attention trading.Ansem stated that he is currently more optimistic about Meme coins than ever before.

According to South Korean media Chosun Biz, SK Hynix's NAND is lagging in the transition of old process lines, making it difficult to narrow the efficiency gap. As of the second quarter of this year, its 176-layer products still account for about 50%, while Samsung has completed the transition mainly to 236 layers. Omdia data shows that Micron's 232-layer products account for 53%, and YMTC reaches 68%.During the rising cycle of NAND prices, companies with a higher proportion of advanced processes see better cost and profit improvements. SK Hynix (including Solidigm) saw its NAND revenue share drop from 21.4% in the fourth quarter of last year to 16.4% in the first quarter of this year, while YMTC increased from 11.5% to 16.2%. SK Hynix prioritizes equipment investment in DRAM and HBM, with NAND investments decreasing for three consecutive years, from $3.5 billion in 2023 to $2.9 billion in 2025, slowing down the transition. It is currently considering impairing old NAND assets to optimize costs.

According to monitoring by Catcher Predict, in the event "FC Barcelona vs Athletic Club More Markets" on the prediction market Polymarket, the "Over" option for the sub-market "FC Barcelona Second Half O/U 0.5" has experienced significant fluctuations in winning probability, dropping from 79% an hour ago to the current 61.5% (a fluctuation of 17.5%). Please note the impact of related breaking news.

Zhao Changpeng stated at the "Bitcoin Asia 2026" conference in Hong Kong that people often overestimate what can be done in a year but underestimate what can be done in ten years, and a large amount of infrastructure will be built in the next decade. In the past two years, the attitude of traditional finance towards Bitcoin has undergone a significant change, and in recent years, the growth of tokenized stocks has been rapid. Binance's bStocks has quickly grown in just about three months since its launch, and looking ahead to the next ten years, this will be a huge market. In addition, various sectors such as payments, AI, Agentic financial infrastructure, stablecoins, and tokenization will see significant development in the next decade; now is the moment with the most opportunities in history.He mentioned that the Bitcoin blockchain currently does not support tokenized businesses, and tokenization mainly occurs on other blockchains. However, the various sectors within the crypto industry promote each other; those who understand Bitcoin will eventually understand other blockchains and tokens, and those who enter through stock tokenization will also pay attention to Bitcoin. He gave an example that it is difficult for Asians to open U.S. stock brokerage accounts, and the trading hours of U.S. stocks are inconvenient. Once stock tokenization occurs, it will enable more people who were previously unable to trade U.S. stocks to participate through crypto platforms. After these individuals enter the crypto platform, they may also start to engage with Bitcoin exposure that they did not have before.

Binance founder CZ stated at the Bitcoin Asia 2026 conference that he does not believe it will take 25 years for Bitcoin to reach 1 million dollars; it will happen much faster. However, beyond the price, more practicality is needed.CZ believes that Bitcoin payments need to be implemented on a large scale, and Bitcoin needs to become a reserve asset for retirement pension funds. All of these things will happen, and more will happen; all of these will be realized within 25 years.

NVIDIA (NVDA.O) Chief Financial Officer stated that the company's sovereign AI business has grown more than twice year-on-year and increased by 35% quarter-on-quarter.

At the 2026 Wyoming Blockchain Conference, Zhao Changpeng stated that Trump mentioned Hyperliquid and that Mike Selig, the chairman of the Commodity Futures Trading Commission (CFTC), will seek a path for the platform to enter the U.S. market.Zhao Changpeng believes that if this progress can be realized, it will be a significant boon for the entire cryptocurrency industry. Zhao stated that the outside world tends to view him as a supporter of centralized trading platforms due to his holdings in Binance, but the fundamental reason he entered the cryptocurrency industry is his belief in decentralization.He pointed out that some users choose Hyperliquid because the platform can be used through wallets without the need for traditional accounts and KYC processes; if Hyperliquid can operate in the U.S. in a compliant manner, it will open up space for perpetual contracts and more decentralized services to enter the U.S. market.He believes this is not only related to Hyperliquid itself. "Hyperliquid is just the tip of the iceberg; once this tip enters, other projects can follow suit." Related developments will benefit more decentralized products and their portfolio companies, and will also bring more liquidity to international centralized trading platforms, allowing U.S. users to obtain more competitive prices when buying and selling crypto assets.Zhao Changpeng stated that the current cryptocurrency market is far from saturated, so competition between platforms is not the main issue. Hyperliquid's entry into the U.S. will not only benefit itself but will also expand the market size of the entire industry, "what is beneficial for them will also be beneficial for us."

Research institution Digitimes stated that with the surge in AI-driven infrastructure spending, major cloud service providers are expected to place greater emphasis on operational efficiency and financial discipline in the second half of 2026. Amazon, Alphabet, and Microsoft reported a combined cloud business revenue of $106.3 billion in the second quarter, with an annual growth rate accelerating to 43%. These companies are expected to increase their total capital expenditures to $74.5 billion.

According to TradingBeats monitoring, Huang Licheng increased his Bitcoin long position by more than 40 times 4 minutes ago, raising his position to 39.45 million USD, with an opening price of 78,890.20 USD and a liquidation price of 62,268.27 USD.Huang Licheng also holds ETH long positions, with a position value of approximately 6.25 million USD and an average entry price of 2,390 USD;He holds HYPE long positions, with a position value of approximately 2 million USD and an average entry price of 79.4 USD;He holds PUMP long positions, with a position value of approximately 14.17 million USD.

Metaplanet CEO Simon Gerovich stated that the core logic behind their bullish outlook on Bitcoin is that AI is significantly reducing the production costs of software, content, and analytics, and value will shift towards scarce assets that cannot be infinitely increased.The supply cap of 21 million Bitcoins is guaranteed by network rules, cannot be copied or diluted, and can be settled globally 24 hours a day. The long-term experience of Japanese households regarding changes in currency purchasing power has also reinforced this judgment.

According to Jinshi reports, C Yushu-W's stock price opened lower and continued to decline. By the close, it reported 603.08 yuan, down over 10%, with a total market value of 243.9 billion yuan. Based on the closing price of the previous trading day, Yushu Technology's market value evaporated by over 20 billion yuan during the day, and has decreased by over 200 billion yuan compared to the opening on the first day of listing.

According to the Industrial and Commercial Times, there are widespread rumors in the market that TSMC intends to invest over 30 billion New Taiwan dollars to acquire AUO's two old-generation panel factories, L7 and L5C, located in the Central Taiwan Science Park, adjacent to TSMC's plant, to reserve space for large-size packaging such as CoPoS and FOPLP. Informed sources indicate that TSMC has sent personnel to complete on-site audits, and AUO plans to prioritize the disposal of the two factories, aiming to submit to the board of directors in October, with an estimated completion of production line relocation and factory vacating by the end of the first quarter next year. Both TSMC and AUO have not confirmed this transaction.Semiconductor industry analysts suggest that TSMC is extending from the A14 advanced process and advanced packaging to the COUPE silicon photonics platform, leveraging Taichung's role as a hub for precision optical components to build the Central Taiwan Science Park into a CPO ecosystem. TSMC's existing Fab 15A in the Science Park mainly uses a 28-nanometer process and can support the manufacturing of silicon interposers; the second phase of the Science Park, Fab 25, is planned to build four A14 wafer fabs, with the first two already entering steel structure construction, and the first factory striving for completion before April 2027. The existing advanced packaging and testing facility AP5 in the Science Park has already started CoWoS production, and in the future, it will integrate electronic and photonic chips through the COUPE platform.On the optical side, Largan Precision has recently acquired land and factories in Nantun, Taichung Industrial Zone, and nearby precision machinery clusters, with three transactions totaling approximately 2.568 billion, interpreted by the market as a warm-up for CPO mass production. The company has obtained its first mass production order for fiber optic arrays, with the first automated trial production line aiming for completion by the end of the third quarter, and mass production expected as early as mid-2027, while also laying out micro-lens arrays and integrated FAUs.

Cryptocurrency trader Garrett (@garrettbullish) stated that if the market further consolidates at the beginning of the week while Bitcoin's dominance continues to rise, he will be more bullish. He reminded investors to remain restrained, not to rush into increasing their positions or excessively use leverage, and to avoid operating as they did during their first cycle.Garrett mentioned that this is his fifth market cycle, and he knows how to navigate the current situation.

According to Cointelegraph, the latest research from the Federal Reserve Bank of Cleveland shows that there are significant differences between cryptocurrency investors and traditional asset investors. Their views on the future returns and risks of digital assets diverge greatly, and the information about Bitcoin's historical price increases may further encourage investors to increase their allocation willingness and actually buy crypto assets.The research paper "Do You Even Crypto, Bro? Cryptocurrencies in Household Finance" is based on multiple rounds of household survey data in the United States, with each round covering up to approximately 25,000 households.Researchers found that compared to demographic characteristics such as age, income, and gender, investors' expectations for future returns from cryptocurrencies better explain who chooses to hold crypto assets. The study shows that cryptocurrency holders expect an average return of about 22% over the next year, significantly higher than the approximately 7% expectation of non-holders.At the same time, holders generally believe that the risks of crypto assets are lower than the judgments of non-holders. Researchers found that for every 1 percentage point increase in an individual's expected return from cryptocurrencies, the probability of holding crypto assets increases by about 0.8 percentage points. The explanatory power of return expectations and risk perceptions for cryptocurrency holding behavior even exceeds that of traditional factors such as age, income, and wealth.This characteristic contrasts with traditional assets such as stocks, bonds, and gold. For traditional investment types, investors' economic backgrounds usually better explain differences in asset allocation, while the crypto market relies more on investors' subjective judgments about future price performance.In addition, the research team discovered through a randomized information experiment that simply providing investors with information about Bitcoin's price increase over the past 12 months significantly boosts their willingness to allocate to crypto assets. Data shows that respondents who saw historical performance information about Bitcoin had an approximately 2 percentage point increase in the proportion planning to allocate to crypto assets, representing about a 47% increase compared to the control group's 4.3% allocation willingness; the probability of actually purchasing crypto assets also increased by about 2.5 percentage points.The study suggests that this mechanism may explain the cyclical boom and bust phenomenon in the crypto market: price increases attract more investors, and new funds further drive up prices, thus forming a cycle of "price increase --- enhanced optimistic expectations --- more buying."