velo

According to PRNewswire, Nasdaq-listed company Canton Strategic Holdings announced that it has completed the sale of its biotechnology research and development department, Gravitas Life Sciences, to Gravitas Collective Corp. The transaction was unanimously approved by the company's board of directors and was officially completed on July 17, 2026.This sale marks the company's further transformation into an operational enterprise focused on driving the digitization of traditional financial markets around the Canton Network, promoting asset tokenization and the digitization process of financial markets, as well as financial infrastructure business.

Nine financial institutions and Bitcoin companies announced the joint establishment of the Bitcoin Security Alliance, with founding members including Anchorage Digital, ARK Invest, BlackRock, Block, Blockstream, Coinbase, Fidelity, Galaxy, and Strategy, covering the entire chain of institutions such as custody, trading, infrastructure, payments, and asset management.The alliance commits to providing a total of $15 million in funding over the next three years to support developers and researchers in the field of Bitcoin security, including long-term work to prepare Bitcoin for the future era of quantum computing. Each member independently decides which developers, researchers, or organizations to direct their funding towards. The daily operations of the alliance are coordinated on a voluntary basis by Brink Executive Director Mike Schmidt, with Brink being a nonprofit organization that funds Bitcoin open-source developers.The alliance clearly states that it does not formulate or direct Bitcoin protocols, does not express opinions on specific protocol changes, and does not represent Bitcoin or its developers—Bitcoin development continues to be carried out by a globally decentralized community of contributors. Its positioning is to emulate the model of industry organizations that have long supported open-source software, providing resources and attention to developers without controlling the underlying work.Strategy CEO Phong Le stated, "As long-term holders, ensuring the security of Bitcoin for generations is our greatest incentive"; BlackRock's Global Head of Digital Assets Robert Mitchnick pointed out that the work of Bitcoin core developers is "extremely important," and this commitment will provide "significant additional funding" for Bitcoin's long-term security needs. The alliance will also serve as a reliable source of information for investors, the public, and the media in the field of Bitcoin security, with plans to publish and continuously update materials related to Bitcoin security in the coming months.

Michael Kratsios, the Director of the White House Office of Science and Technology Policy, stated that information has been obtained showing that Moonshot AI is distilling Anthropic's Fable model by building a large-scale internal platform for the development of its K3 model, and has switched access methods multiple times to evade detection. He also pointed out that Moonshot AI has purchased GB300 servers and accessed GB300 equipment in Thailand, which may be used for training AI models. Kratsios stated that the U.S. supports legitimate distillation and open innovation but opposes the theft of U.S. technology through large-scale secret industrial distillation methods. Currently, Moonshot AI has not publicly responded to this.

According to Bitcoin Magazine, Lightning Labs has released the alpha version of Wavelength, a toolkit that provides self-hosted Bitcoin payment capabilities for developers and AI agents through a simple non-custodial API, without the need to run nodes, manage channels, or obtain liquidity.Wavelength supports on-chain Bitcoin, Lightning Network payments, and settlement layers similar to Ark, with each off-chain payment using standard BOLT 11 invoices, allowing interoperability with existing Lightning Network. AI agents can call the API through the Model Context Protocol (MCP), hold balances, and pay for API calls in the smallest units, among other services. Wavelength is live on Signet and testnet, with mainnet access by invitation only, initially supporting Bitcoin, and stablecoin support planned through Taproot Assets.

Cryptocurrency financial services company Galaxy Digital announced the establishment of a $5 million Bitcoin Quantum Readiness Initiative, funding developers to research solutions to address future quantum computing threats. The program is open for applications starting today, with funding directions including quantum-resistant signature algorithms, wallet migration tools, and security audits.Galaxy stated that it hopes to attract more institutions to jointly invest and research, accelerating Bitcoin's transition to quantum-resistant cryptography. According to CryptoQuant data, if future quantum computers have the capability to crack Bitcoin's existing cryptographic algorithms, approximately 6.9 million BTC (equivalent to about $46.1 billion at current prices) may face the risk of theft. Although the industry generally believes that quantum computing does not pose an immediate threat to the Bitcoin network, related preparations should be initiated as early as possible due to the need for long-term collaboration among developers, wallets, exchanges, and users for protocol upgrades.

According to Protos, AI shopping agent developer ORO disclosed that it suffered losses of approximately $630,000 due to a suspected North Korean hacker attack. The attackers sent spoofed Microsoft Teams links to ORO employees through a compromised Telegram account, inducing them to install malicious extensions, and after nearly a month of data theft, stole 147,000 Alpha tokens on July 13. ORO is highly confident that the attack originated from the North Korean hacker group Sapphire Sleet.ORO also admitted to security negligence—due to insufficient hardware wallet support in the Bittensor protocol, the company "temporarily" set the owner keys to software wallets, violating its internal principle of prioritizing hardware wallets, which led to the keys being stolen from the compromised computer. ORO stated that it is working with exchanges, law enforcement, and Bittensor ecosystem partners to recover the stolen assets and emphasized that its subnet is operating normally, and other wallets, user data, and validator signing keys were not affected.

Gate Europe CEO Dr. Giovanni Cunti was invited to participate in a live interview on Cointelegraph X Space, where he shared insights on the regulatory trends of digital assets in Europe, the MiCA compliance framework, and Gate Europe's development strategy in Europe. Dr. Giovanni Cunti stated that the implementation of MiCA is an important step towards the unification of the European market, "Unified regulation brings broader market access, and market access will further drive institutional adoption." He believes that after the adjustments made under the MiCA framework, market participants will be able to operate in a clearer and more transparent regulatory environment, providing institutional investors with a higher degree of security and trust.During the live broadcast, Dr. Giovanni Cunti also introduced the latest strategic progress of Gate Europe in the European region. He emphasized that Gate Europe proactively began compliance alignment as early as the initial phase of the MiCA framework in 2021. Leveraging the dual licensing advantages of MiCA and Payment Institutions (PI), Gate Europe is steadily strengthening compliance, risk control, and operational governance while continuously expanding digital asset trading, wealth management, and localized services, committed to providing European users with safer, more transparent, and efficient digital asset services.As the global regulatory framework for digital assets continues to improve, compliance is becoming an important foundation for the long-term development of the industry. Currently, Gate has completed regulatory registrations, license applications, or obtained authorizations and approvals in multiple jurisdictions including Europe, the United States, Japan, Dubai, Australia, and the Bahamas, continuously advancing its global compliance strategy. In the future, Gate will adhere to the parallel development of compliance and innovation, continuously enhance its global service capabilities, promote the steady development of the digital asset industry, and provide global users with safer, more efficient, and trustworthy products and services.

According to Gate market data, U.S. stocks opened with the Dow Jones Industrial Average rising 0.27%, the S&P 500 index rising 0.54%, and the Nasdaq Composite index rising 0.8%. Google (GOOG.O) rose 2%, with media reports stating that it is developing new chips to enhance AI model efficiency.The storage sector saw widespread gains, with SK Hynix (SKHY.O), Micron Technology (MU.O), and SanDisk (SNDK.O) all rising 4%, while Western Digital (WDC.O) and Seagate Technology (STX.O) rose about 3%.

Vitalik posted on the X platform stating that he has developed a toy demonstration version of the idea of a "censored anonymous bulletin board" on Aztec. This idea comes from his previous article on using SNARKs, and it is still in the early stages, but it can already achieve interesting and non-trivial functionalities.

According to Cointelegraph, Consensys introduced a software developer earlier this year through a "reputable third-party service provider," who was later found to have connections to North Korea. The developer had approximately one month of access to the Consensys system under the alias Tyler Knapp.Consensys General Counsel Matt Corva stated that the developer was not an employee of Consensys but collaborated as a consultant. After discovering the threat, the company immediately terminated access and launched a comprehensive investigation, confirming that no assets or data were stolen, no malicious code was deployed, and user security was not affected. Consensys stated that it would reevaluate its practices regarding outsourcing engineering and development work.

Tether CEO Paolo Ardoino posted on the X platform that Tether's wallet development toolkit has launched a web playground feature, allowing users to test the basic functions of the wallet in their browser.

According to The Block, Bank of America has appointed Sonali Theisen as the head of its global digital asset platform and Kevin Milsom as the head of AI transformation to drive the development of digital asset and artificial intelligence strategies.Sonali Theisen will be responsible for the design, development, expansion, and governance of the bank's digital asset platform, while continuing to serve as the head of electronic trading and strategic investments for fixed income, foreign exchange, and commodities (FICC) business. Her focus will include promoting the integration of blockchain products into Bank of America's existing financial market infrastructure and collaborating with the digital asset transformation head Adam Dixon to advance tokenized deposits, stablecoins, digital collateral circulation, cryptocurrency trading settlement, and custody services.Kevin Milsom will be responsible for promoting the application of AI in Bank of America's global markets platform. Reports indicate that this move continues the trend of Wall Street financial institutions accelerating their layout in digital assets and AI. Previously, Vanguard had initiated the recruitment of its first head of digital assets, and Morgan Stanley appointed Amy Oldenburg earlier this year to lead digital asset strategy to promote the integration of crypto assets and asset tokenization with traditional financial infrastructure.

According to Etoday, SK Group Chairman and Chairman of the Korea Chamber of Commerce and Industry Choi Tae-won stated today at the Korea Chamber of Commerce and Industry Summer Forum that despite the recent significant decline in SK Hynix's stock price, investors should not frequently buy and sell, but should hold stocks from a long-term perspective.With the continuous development of the artificial intelligence industry, the demand for storage will continue to grow. He said, "AI is still like a 4-year-old child now, but it will eventually grow into an adult. The market will still require a large amount of memory support, and the related demand will inevitably grow exponentially. Although it is impossible to predict next month's stock price trend, do not repeatedly buy and sell; quietly holding is a better way to protect assets."

The National Development and Reform Commission officially released the "Action Plan for the Cooperative Development of Artificial Intelligence," aimed at building an open, shared, secure, orderly, and collaboratively governed global artificial intelligence ecosystem. The plan clearly outlines eight core actions, comprehensively promoting deep international cooperation in the AI field from multiple dimensions, including data, computing power, algorithms, talent, and governance. At the foundational level of data and computing power, the action plan emphasizes the need to promote cross-border data flow and build a trustworthy cross-border data space, collaboratively constructing a high-quality corpus; at the same time, it promotes the interconnection of intelligent computing facilities, providing inclusive intelligent computing services to developing countries, and creating low-carbon intelligent computing infrastructure driven by green energy.In terms of industrial empowerment and ecological sharing, the plan encourages the co-construction of an international open-source community for artificial intelligence, promoting the sharing of general large models, basic algorithms, and tool components, and supporting countries in conducting localized innovation based on open-source models. By deepening "Artificial Intelligence +" cooperation, it aims to build a cross-national industrial cooperation platform, promoting the deep application and empowerment of AI technology in fields such as science, manufacturing, healthcare, education, agriculture, and governance. In addition, the plan also proposes the establishment of a joint training mechanism for top digital talent, collaboratively formulating occupational standards and skill certification systems, comprehensively enhancing public literacy, and jointly addressing the structural impacts of AI on employment.Regarding industry rules and technical security, the action plan advocates for the co-construction of rules and standards and collaborative governance for security. All parties will strengthen information sharing on cybersecurity threats and emergency response cooperation, researching ways to enhance the explainability, transparency, and safety of artificial intelligence. Finally, the plan emphasizes adherence to the technological ethics principle of "AI for Good," collaboratively constructing an ethical guideline system dedicated to eliminating algorithmic biases in the forms of racism, discrimination, and others. By promoting international governance cooperation in AI research, it aims to contribute public scientific products to the Global South, effectively serving the United Nations' 2030 Sustainable Development Goals.

The Governor of the Bank of Tanzania, Emmanuel Tutuba, stated that the bank is completing the formulation of regulatory laws and regulations for digital assets, covering virtual assets, cryptocurrencies, and stablecoins, to enhance regulation and supervision.Emmanuel Tutuba mentioned that many young people are investing in related fields, and the central bank has received complaints from individuals who have incurred losses in cryptocurrency-related transactions. The relevant rules will be used to protect Tanzanian investors. He stated that the new regulations will also address the risks of money laundering, terrorist financing, and other illegal activities related to virtual assets, ensuring that entities involved in related activities operate according to the guidelines that will be released soon.

Larry Fink, CEO of the world's largest asset management company BlackRock, stated that he is optimistic about the market in the next 12 months, as the technological revolution will drive improvements in the profit margins of more companies. He noted that BlackRock's profit margin has increased by 260 basis points over the past 12 months, and the company has added $1 trillion in assets without increasing its workforce.Larry Fink mentioned that the current market leverage levels are lower than those in 2008 and 2009, and the implied leverage is not high when measured against the current capital market size. He also indicated that certain assets, financial products, or international markets may still carry concentration risks. Larry Fink expressed that he had previously been concerned about leverage in the Bitcoin and cryptocurrency markets, as there had been too many leveraged participants in the market. He believes that after the leverage has been cleared, Bitcoin and the cryptocurrency market are more stable at current levels.