BTC $78,688.55 +0.88%
ETH $2,447.07 -0.30%
BNB $687.85 -0.78%
XRP $1.37 -0.92%
SOL $103.23 -1.35%
TRX $0.3358 -1.30%
DOGE $0.0829 -1.88%
ADA $0.1966 -1.78%
BCH $248.24 +1.24%
LINK $11.32 -0.27%
HYPE $81.31 -2.38%
AAVE $123.92 +0.20%
SUI $0.7230 -1.83%
XLM $0.1769 -0.99%
ZEC $830.85 -0.66%
BTC $78,688.55 +0.88%
ETH $2,447.07 -0.30%
BNB $687.85 -0.78%
XRP $1.37 -0.92%
SOL $103.23 -1.35%
TRX $0.3358 -1.30%
DOGE $0.0829 -1.88%
ADA $0.1966 -1.78%
BCH $248.24 +1.24%
LINK $11.32 -0.27%
HYPE $81.31 -2.38%
AAVE $123.92 +0.20%
SUI $0.7230 -1.83%
XLM $0.1769 -0.99%
ZEC $830.85 -0.66%

building

All
Article
Flash

Chinese-American crypto investor Harry Yeh fell from a 30-story building in Paraguay, and the police are investigating the cause of death

According to La Tribuna, the body of a Chinese man was found outside the Jade Park high-rise apartment in the Trinidad district of Asunción, Paraguay. Preliminary identification confirmed the identity as Harry Chun Tak Yeh, the founder and managing partner of Quantum Fintech Group. The police stated that he is suspected to have fallen from the 30th floor of the building, and his body was found completely naked and covered with a black plastic bag. Investigators found the apartment door on the 30th floor ajar, with the interior in disarray, and confirmed that he also owned another apartment on the 27th floor of the same building. Criminal technicians have collected evidence outside the building and from both apartments, and relevant physical evidence has been handed over to the prosecution. The prosecution is currently investigating multiple possibilities, including accident, suspected suicide, and homicide, while the judicial department will determine the specific cause of death and the circumstances through an autopsy.It is reported that Chinese-American cryptocurrency investor Harry Yeh entered the Bitcoin market in 2013 when the BTC trading price was $60. He launched his first fund with $250,000, and his investment network claims to manage over $2.4 billion in assets, closely linked with Fantom, Tomb Finance, Lif3, ZooCoin, L3 USD, and L3 Reserve.

Changxin Memory is considering building a second DRAM wafer factory in Beijing and is in talks for financing support

According to Reuters, informed sources say that Changxin Storage is considering building a second 12-inch DRAM wafer fab in Beijing's Yizhuang and is negotiating financing with the Beijing Economic and Technological Development Zone and several state-owned technology companies. The company is seeking at least 60 million yuan (approximately 8.9 million USD) in support, but negotiations are still in the early stages, and the scale and structure of the financing may be adjusted.The proposed factory will be located at the site of Changxin Storage's existing DRAM wafer fab in Beijing. The planned production capacity and total investment for the project have not yet been determined, while building a fab capable of producing advanced DRAM typically requires over 10 billion USD. Currently, Changxin Storage operates two 12-inch DRAM wafer fabs in Hefei and one in Beijing, each with a monthly production capacity of about 100,000 wafers. Changxin Storage is also building new factories in Shanghai and Hefei, and once the related projects are fully operational, the company's monthly production capacity could double to over 600,000 wafers.This expansion comes as demand for storage chips is driven by AI infrastructure, data centers, and consumer electronics entering an upward cycle. The company completed an 8.6 billion USD IPO last month, marking the largest fundraising for a semiconductor company listed in mainland China, and its stock price has risen by 13% since going public. Changxin Storage is currently the fourth largest DRAM manufacturer in the world, but Samsung Electronics, SK Hynix, and Micron together still account for nearly 90% of the global market share in the first quarter. Beijing and Shanghai are also providing funding and other support to Changxin Storage to gain economic and strategic benefits from its expansion.

X-Agent officially releases Litepaper V1, building a decentralized AI agent economy

The AI Agent no-code operating platform X-Agent, based on the Web3 social network, officially releases its core "Litepaper V1" to the world. The white paper details how it reconstructs the decentralized AI agent ecosystem and commercialization path through no-code deployment and secure sandbox technology.The core technologies and solutions are as follows: 1) Speak to Build (no-code deployment): Allows users to create and deploy professional-grade AI agents to Telegram, WhatsApp, or the web in minutes using pure natural language. 2) SRE Cryptographic Sandbox (physically isolated security): A unique physically isolated operating environment that perfectly protects user private keys and sensitive credentials while enabling agents to have enterprise-level autonomous asset changes and on-chain collaboration capabilities.Market performance and latest data: X-Agent has surpassed 1,000,000+ cumulative global users, and the AI agents have autonomously completed over 1,100,000 actual business tasks, consuming/destroying over 8.4 billion model tokens. The project has previously raised $1.8 million in funding and has a highly cohesive localized community in Japan and South Korea. The native token $XAGT serves as the network's settlement hard currency, directly used for SRE computing Gas fee settlement, transaction commission payment, and staking endorsement. The team and investors have a strict 12-month Cliff lock-up. The community quota is completely non-inflationary and can only be unlocked through actual sandbox task consumption algorithms, ensuring that each token is supported by real business demand. According to the latest roadmap, X-Agent will open a new no-code public portal in Q3 2026 and launch a decentralized Agent Store in Q1 2027.

News: Driven by oversubscription, SK Hynix will end its $28 billion ADR bookbuilding on Wednesday

According to Reuters, informed sources revealed that due to the subscription scale reaching several times, South Korean chip manufacturer SK Hynix will end its $28 billion American Depositary Receipt (ADR) issuance book-building at 4 PM Eastern Time on Wednesday. It is reported that the final pricing guidance for this issuance will be announced after the close of the Korean stock market on Thursday, and the allocation results will be finalized later on Thursday evening, with plans to officially list on Nasdaq on July 10.The report pointed out that this issuance has attracted strong demand from American investors, with several large orders ranging from $200 million to over $1 billion. The company previously disclosed that institutions such as Baillie Gifford and Coatue Management have expressed interest in purchasing a total of up to $7 billion in ADRs. This transaction is expected to issue 17.79 million new shares, making it the second largest stock issuance in history globally, following SpaceX's record $85.7 billion IPO last month, surpassing the previous records of Saudi Aramco (2019) and Alibaba (2014). As a core supplier of high bandwidth memory (HBM) for companies like Nvidia and Google, SK Hynix stipulates that every 10 ADRs represent 1 share of common stock, with a reference price of 242,500 Korean won per ADR based on the Seoul closing price on July 3.
app_icon
ChainCatcher Building the Web3 world with innovations.