arch

According to monitoring by Onchain Lens, Alameda Research FTX transferred approximately 201,000 SOL, worth about $15.14 million, to BitGo custody through multiple transactions within a few minutes, and the funds were distributed to multiple BitGo custody addresses.

According to a report by Jinshi Data on July 13, the Ministry of Industry and Information Technology and three other departments issued guidance on promoting the high-quality development of internet infrastructure resources. It mentioned strengthening the planning of internet technology innovation, promoting the implementation of relevant national key research and development programs and major national science and technology projects, enhancing original technology innovation, and carrying out technical research on the integration of artificial intelligence, blockchain, distributed identifiers and internet infrastructure resources, breaking through key technologies such as network dynamic optimization, intelligent resource scheduling, and data security interaction. Strengthening the innovation of the IPv6 technology system to solve key issues such as protocol compatibility and high-performance transmission. Breaking through key technologies for satellite internet mega-constellation networking, rapid routing switching, and reliable anti-jamming transmission. Breaking through key technologies for the large-scale deployment and application of resource public key infrastructure.

According to a post by CoinMarketCap on X, Geoff Kendrick, the Global Head of Digital Assets Research at Standard Chartered Bank, expects that the number of announcements related to traditional financial institutions accessing DeFi may increase by 10 to 20 times in the next 3 to 12 months.

Sharplink Research Director Steven Ehrlich published an analysis pointing out that Ethereum started strong in July 2026, with an increase of about 11% so far this month. Historical data suggests that investors should pay attention to ETH's performance in July. Steven Ehrlich noted that the core advantage of ETH's July performance is not merely volatility, but the asymmetry between rises and falls: when July sees an increase, the average rise is about 43%, while in years of decline, the average drop is only about 5% (from 2020 to 2025).Historically, months of significant gains for ETH are usually driven by "Ethereum-specific catalysts + supply-demand imbalance." The current market environment also presents similar opportunities, such as: institutional infrastructure is being built, the Ethereum roadmap is continuously upgrading, and corporate funds are consistently increasing their holdings of ETH. Currently, Ethereum is entering a new development phase, where institutional adoption, technological upgrades, and capital allocation may become important factors driving ETH's market performance.

Citrini analyst Jukan posted on platform X that he received news from an expert conference call stating that the release date of Nvidia's next-generation Rubin architecture products may be delayed again, to the point where he "can't even take a break on Saturday."However, as of now, Nvidia has not made a formal response to the rumors regarding the delay of the Rubin project. Rubin is seen as Nvidia's new generation AI chip architecture following Blackwell, and its research and production progress has been highly monitored by the market. The above news remains an unverified market rumor, and the specific release date will need to wait for Nvidia's official disclosure.

Galaxy Research Director Alex Thorn posted on the X platform revealing that there has been a significant development in the case of abandoned bitcoins, where "Noah Doe" is attempting to obtain ownership of Satoshi Nakamoto's bitcoins through legal proceedings. The Bitcoin Policy Institute (BPI) has officially applied to intervene in the case as a defendant and seeks to push the court to dismiss all lawsuits.It is reported that BPI, represented by the law firm White & Case, has not only applied to intervene in the case but has also submitted a proposed defense document, 15 active defenses, and plans to file a motion to dismiss.Alex Thorn disclosed that BPI claims it is qualified to intervene because the organization has long self-custodied a portion of its bitcoin reserves intended for indefinite holding. The plaintiff's theory that "long-term inactivity constitutes abandonment" could potentially include similar assets in future lawsuits. If the legal logic of this case is ultimately supported by the court, it may set a precedent for depriving long-term self-custody users of asset ownership, making this lawsuit not only related to Satoshi Nakamoto's assets but also concerning the legal foundation of the entire bitcoin self-custody ecosystem.

According to The Block, the latest report "Merged Ethereum" released by the Cambridge Centre for Alternative Finance (CCAF) shows that approximately 31% of Ethereum node activity is located in the United States, and 39% is distributed across the European Union (excluding the UK), presenting an overall Western centralization pattern.The report points out that there are potential centralization risks in the Ethereum network—nodes are highly concentrated among three major hosting service providers: Hetzner, AWS, and OVH. If more than one-third of the validators go offline simultaneously, the network checkpoints will stop finalizing.In addition, the report recalculated Ethereum's energy consumption, estimating that the annual electricity usage after the merge is about 7.9 gigawatt-hours, a decrease of approximately 99.98% compared to before the merge, with sustainable energy accounting for over 56%. The cost needed to offset its annual carbon emissions is only about $33,500 to $73,800.

Binance Research released a report on tokenized stocks showing that bStocks has increased the number of tokenized stock assets from 5 to 25 in less than a month since its launch, with a market capitalization approaching 300 million USD.In terms of user participation, among 190,417 bStocks users, 41.5% only trade bStocks, while 58.5% participate in perpetual contracts and/or stock products. The report also indicates that a total of 2,806 users engaged in cross-market arbitrage, with 206 systematic arbitrage users contributing 198.2 million USD in rapid matching transaction volume, accounting for 96.5% of the relevant transaction volume.The report states that bStocks' appeal is particularly evident during non-trading hours. During regular trading hours, the share of stock spot transaction volume is 52%, while bStocks accounts for 48%; however, during non-trading hours, the share of bStocks transaction volume rises to 58%, surpassing the stock spot's 42%.Additionally, bStocks has begun to extend into on-chain yield scenarios. Currently, the relevant liquidity pools can offer an APY ranging from 32% to 228%, while the yield of the native credit pool is between 5% and 10%, indicating a total TVL of approximately 1.15 million USD.

MINIMAX (00100.HK) announced that it will raise approximately HKD 16.041 billion through the placement of new shares and the issuance of zero-coupon convertible bonds. According to the announcement, the company will place 35.6 million new Class A shares at HKD 268 per share (approximately a 9.89% discount to the closing price of the previous trading day), expecting to raise about HKD 9.541 billion; at the same time, it plans to issue zero-coupon secured convertible bonds with a total principal amount of HKD 6.5 billion due in 2027, with an initial conversion price of HKD 335 per share (approximately a 12.64% premium to the closing price). Morgan Stanley and UBS are acting as arrangers for this transaction, and the placement and bond issuance are independent of each other and not conditional upon one another. If all the bonds are ultimately converted into shares, the two transactions will add up to approximately 55 million shares, accounting for nearly 15% of the company's expanded total share capital. Regarding the use of funds, MINIMAX stated that about 80% of the net proceeds are intended to strengthen AI infrastructure and model development, 10% to accelerate the global commercialization of products, and the remaining 10% for working capital and general corporate purposes.

According to Decrypt, researchers from Tel Aviv University, the Technion - Israel Institute of Technology, and Intuit have discovered a new type of attack method called "adversarial illusion injection." This technique exploits the illusion phenomenon of AI models to trick AI agents into downloading malicious code and potentially forming a botnet.Attackers predict the false resource links that AI models might generate and register them in advance, embedding malicious instructions within. When the AI agent retrieves the resource, it treats it as legitimate content and executes it. Tests show that the illusion occurrence rate in code repository cloning scenarios reaches 85%, and in skill installation scenarios, it reaches 100%. AI coding assistants such as Cursor, GitHub Copilot, Gemini CLI, and OpenClaw are all affected. This attack is similar to "typo-squatting" in traditional cyberattacks, but it targets the errors of AI models rather than human input errors. Previous research has shown that malicious websites can inject prompts to hijack AI agents, and OpenClaw users have reported over 6,000 attempts to trick AI agents into leaking sensitive information.

According to KPMG's latest survey report involving 2,145 executives from 20 countries, as technology companies like Anthropic, OpenAI, and GitHub recently shifted some of their AI services from fixed subscription models to usage-based billing, businesses are facing challenges in cost forecasting and management during the scaling of AI deployment.The report indicates that 29% of corporate executives find it difficult to understand and control operational costs when scaling AI deployment, and one-third of executives believe that insufficient understanding of AI economics hinders the deployment of AI entities. Due to costs exceeding expected value, nearly half (about 49%) of corporate organizations have chosen to delay or readjust their AI deployment plans; meanwhile, low-cost, high-fidelity large models are accelerating their impact on corporate AI strategies.In addition, tech giants are increasing capital expenditures to build AI capacity. Amazon plans to spend about $200 billion on capital expenditures this year and is investing $1 billion in its AWS frontline engineering organization to assist customers in adopting AI entities; Microsoft's total capital expenditure is expected to reach $190 billion this year, with $2.5 billion allocated to the new entity Microsoft Frontier Company. KPMG emphasizes that, in addition to cost pressures, accountability in AI governance, employee engagement rules, and the prevention of system "hallucinations" remain core challenges faced by businesses today.

Binance Research released the industry report "Stablecoins: Reshaping the Financial Landscape." The report shows that as of now, the stablecoin reserve scale on the Binance platform has reached $53 billion, with its market share increasing from 54% to 57%, surpassing the second-largest trading platform by approximately $42 billion.Meanwhile, in the first five months of 2026, the cumulative trading volume of TradFi-related perpetual contracts exceeded $1.1 trillion, with Binance's trading volume exceeding $500 billion, accounting for about 47% of the market share. Additionally, since 2022, Binance Wealth Management has issued $1.2 billion in earnings to over 14 million stablecoin users; the daily number of stablecoin transactions on the BNB Chain reached 10 million, and the number of monthly active addresses reached 15 million, with a market share of approximately 24% based on transaction volume.The report points out that stablecoins are evolving from trading tools for crypto assets to an important settlement infrastructure for global finance, and Binance has built a one-stop stablecoin financial ecosystem covering trading, payments, earnings, investments, and on-chain ecology.

According to a report by 10x Research, Bitcoin mining stocks have largely decoupled from Bitcoin price trends and have experienced a pullback of about 20%.The report states that Bitcoin mining companies are currently deeply tied to the AI theme, which is more focused on global supply chains and competition rather than crypto adoption or financial digitization. Additionally, the performance of Chinese LLM concept stocks and the outlook for the South Korean semiconductor supply chain are directly impacting the trends of Bitcoin mining stocks.Data from the image shows that the stock price trend of RIOT has become more synchronized with the Semi SOX ETF since April 2026, with both recently retreating from their highs, indicating that the performance of Bitcoin mining stocks is being influenced by the sentiment in the semiconductor and AI computing power chain.

According to Jinshi reports, Bernstein has initiated coverage on SpaceX (SPCX.O) with an "Outperform" rating and a target price of $239.

According to the monthly market insights released by Binance Research, among approximately 7,000 stocks and ETFs available for trading on Binance, over 700 have been traded, indicating that users have begun to participate in stock products.The report states that about 71% of Binance stock product holders have their stock holdings allocated to the technology sector, with approximately 48% of funds flowing into semiconductors, a category that has a trading volume about 23 times that of other categories.In terms of thematic fund flows, Binance stock product holders have a relatively diversified allocation, with 25% flowing into AI infrastructure and computing power, 22% into quantum computing, and relatively higher allocations in cutting-edge themes such as space and satellites, robotics, and humanoid robots. During the same period, broader ETF fund flows were mainly concentrated in semiconductors and AI storage.In addition, the report shows that at the portfolio level of Binance stock holders, 41% of holdings are allocated to crypto assets, 37% to stablecoins, and 22% to stocks.

10x Research stated that since the peak in October last year, the trading volume of Bitcoin options has dropped from $8 billion to $3.5 billion, and the market volatility has also decreased during the same period.It believes that the signals released by the options market may indicate that trading activity could decline further.