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Broadcom fell nearly 7% during Friday's trading, as the market expressed concerns about the financing model behind its AI infrastructure expansion. Bank of America analysts estimate that the financing platform built by Broadcom for AI chip customers could accumulate up to $370 billion in preferred debt by mid-2029. Broadcom has provided guarantees for lease payments for some customers, with the first transaction guarantee amounting to approximately $29 billion.

Tiger Global Fund made significant adjustments in the second quarter, reducing its holdings in Broadcom by 51.1% to 1.8 million shares, Google A by 45.4% to 5.8 million Class A shares, TSMC by 12.3% to 4.9 million ADS, Microsoft by 9.3% to 2.3 million shares, Meta Platforms by 8.5% to 2.8 million Class A shares, NVIDIA by 6.8% to 11.2 million shares, and JD.com by 41.5% to 201,500 ADS.Increased holdings in Intel to 4.3 million shares, established new positions in AMD with 674,000 shares and SpaceX with 375,000 shares, and completely exited Netflix.

The SEC has postponed the "innovation exemption" plan for tokenized securities and canceled the cryptocurrency rules meeting, causing concept stocks such as Bullish, Coinbase, and the UNI token to drop.

The UK's Parliamentary Commissioner for Standards has resumed the investigation into Reform Party leader Nigel Farage's acceptance of donations from the cryptocurrency industry, involving an amount of 6.7 million dollars.

According to Coinglass data, if Bitcoin falls below $62,000, the cumulative long liquidation intensity on mainstream CEX will reach $803 million. Conversely, if Bitcoin breaks through $64,000, the cumulative short liquidation intensity on mainstream CEX will reach $888 million.The liquidation chart does not show the exact number of contracts to be liquidated or the exact value of contracts being liquidated. The bars on the liquidation chart actually represent the importance of each liquidation cluster relative to nearby liquidation clusters, that is, the intensity. Therefore, the liquidation chart shows to what extent the underlying price reaching a certain position will be affected. A higher "liquidation bar" indicates that once the price reaches that point, there will be a stronger reaction due to liquidity waves.

Elon Musk stated that due to insufficient power supply and difficulties in ground facility approvals, orbital computing (i.e., space computing platforms) may be the only way to scale AI on a large scale by around 2029.

The crypto investment firm YZi Labs announced the launch of EASY Residency Season 5, a 10-week acceleration program for early-stage innovative projects, which includes 5 weeks of online phase and 5 weeks of offline residency in Thailand, culminating in a Demo Day. Accommodation, meals, and workspace are fully covered, allowing founders to focus on building.Priority investment directions include programmable capital and on-chain markets, stablecoin payment infrastructure, computing and trusted agent systems, embodied AI, emerging AI interfaces, and AI × Bio. Selected projects can receive up to $500,000 in investment (including a $150,000 SAFE for 5% equity and an additional $350,000 unlimited SAFE), with the opportunity to secure up to $2 million in additional investment. The application deadline is September 13 at 23:59 (GMT-7).

The digital financial platform ABFinance, founded by former Bybit co-CEO Helen Liu, announced on platform X that its original launch plan will not continue, and the project is currently undergoing an orderly shutdown and liquidation arrangement.The team expressed heartfelt gratitude to the participants, community members, and partners who have built together for their trust, support, and recognition, and thanked them for the direction previously pursued together.

South Korean enterprise-level AI data infrastructure company GraphAI announced the completion of a $12 million Series A financing round, led by K2 Investment Partners, with participation from A-Ventures and Jiyu Investment, as well as previous participants in the Pre-A round, Quad Ventures, Kiwoom Investment, and We Ventures. To date, the company has raised a total of $14.7 million.GraphAI was founded in 2022 by Professor Min-Soo Kim from the KAIST School of Computing, with the goal of providing next-generation data infrastructure for enterprise AI applications by integrating the capabilities of graph databases, vector databases, and relational databases. Its Akasic platform offers an integrated solution covering enterprise data connectivity, collection, transformation, AI inference, and intelligent agent execution environments.

According to Fortune, an analysis of executive compensation by the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) shows that Elon Musk's total compensation from Tesla in 2025, calculated based on the fair value on the date of restricted stock grants, is approximately $158.3 billion, which is about 2.52 million times the median annual salary of Tesla employees at $57,243. Based on this calculation, Musk earns compensation equivalent to a Tesla employee's annual salary approximately every 4.23 seconds.The AFL-CIO stated that Musk's 2025 compensation package is at a "historic level" that has been "unprecedented" since it began tracking CEO compensation in 1997. His compensation is about 14 times the total compensation of all other S&P 500 company CEOs, while the average CEO compensation in the S&P 500 is approximately 312 times that of employees.It is important to note that the $158.3 billion is not the actual cash Musk will receive that year, but rather the fair value calculated based on the restricted stock granted by Tesla in 2025 on the grant date. This batch of stock could ultimately be worth up to $1 trillion, provided that Tesla meets the corresponding performance requirements.

According to The Block, StablecoinX (USDE) announced its first quarterly performance report after going public. As of the end of the second quarter of 2026, the company holds approximately 3 billion ENA, accounting for about 20% of the total ENA supply. At current prices, this is worth over $250 million; based on 24 million Class A shares outstanding at the end of the quarter, this corresponds to about $9.09 per share.After the news was released, StablecoinX's stock price rose by more than 12% during Friday's morning session. StablecoinX reported a net loss of $34.2 million in the second quarter, most of which came from a $36.2 million impairment of digital assets related to its ENA holdings. The company's operating business is still in its early stages, with infrastructure service revenue of only $62,372 in the last two weeks of June, while its decentralized validation nodes have accumulated cross-chain transaction volumes exceeding $3 billion.StablecoinX began trading on Nasdaq under the ticker USDE on June 26. Approximately 285 million ENA in its treasury comes from the Ethena Foundation, with another approximately 2.75 billion coming from cash and physical investments from PIPE financing.

According to Fintechnews, Malaysian stablecoin company BLOX announced the completion of a $1 million seed round financing, led by the technology investment division of Singapore's venture capital fund Kivo Technology. The new funds will be used to expand the development of its Malaysia Ringgit (MYR) backed stablecoin MYRC.It is reported that BLOX has participated in a domestic blockchain payment proof-of-concept project in Malaysia, exploring blockchain-based local payment scenarios through MYRC.

According to Bloomberg, Australia's richest person Gina Rinehart's investment company Hancock Prospecting purchased 8 million shares of SpaceX in the second quarter, with a holding value of $1.37 billion as of June 30, making it its largest single holding.During the same period, the company also doubled its holdings in Trump Media & Technology Group and increased its positions in the S&P 500 ETF and several defense and energy stocks. As of the end of the second quarter, the total value of its U.S. listed securities was $5.71 billion, a 72% increase from the previous quarter.

Documents from the U.S. Securities and Exchange Commission show that the Saudi Public Investment Fund (PIF) disclosed holding 154.1 million shares of Class A stock in SpaceX.

Upbit operator Dunamu announced its performance for the second quarter of 2026, with quarterly revenue of 173.5 billion won (approximately 12.3 million USD) and operating profit of 23.5 billion won (approximately 1.665 million USD), a decrease of about 26% and 73% respectively compared to the first quarter.In the first quarter, Dunamu's revenue was 234.6 billion won (approximately 16.6 million USD) and operating profit was 88 billion won (approximately 6.234 million USD). Dunamu stated that the decline in performance this quarter was mainly affected by the overall liquidity contraction in the global digital asset market, leading to weakened investor sentiment.

According to Cointelegraph, Morgan Stanley's latest 13F filing submitted to the U.S. SEC shows that as of June 30, it held approximately 16.5 million shares of BlackRock IBIT, an increase of 23% from 13.4 million shares in the first quarter. However, due to the decline in Bitcoin prices during the quarter, the market value of this holding dropped from $667 million to $549 million, a decrease of about 18%.During the same period, Morgan Stanley also held 2.57 million shares of MSBT, valued at approximately $43.3 million, and increased its holdings in Grayscale Bitcoin Mini Trust, Bitwise Bitcoin ETF, and Fidelity FBTC, with FBTC holdings increasing by nearly 38%.In terms of Ethereum, its ETHA holdings increased by about 202% to 4.6 million shares, and the Grayscale Ethereum Staked Mini ETF holdings increased by about 26% to 5.1 million shares. Additionally, Morgan Stanley also established new positions in the Grayscale Solana Staked ETF and Fidelity Solana Fund, with market values of approximately $4.25 million and $2.26 million, respectively.On the individual stock front, Morgan Stanley's holdings in Circle (CRCL) surged from about 1.46 million shares to 8.32 million shares, while also increasing positions in mining companies and infrastructure firms such as Cipher Digital, Core Scientific, Hut 8, and Bitdeer; on the other hand, it reduced its holdings by about 550,000 shares in Coinbase, reduced over 3.1 million shares in CleanSpark, and completely exited approximately 8 million shares in Bitfarms.

According to Forbes, after Trump and Musk publicly fell out last year, they currently talk about once a month, often discussing topics such as artificial intelligence and international affairs. However, Trump privately admits that their relationship "will never be the same as it was before."The late conservative activist Charlie Kirk, White House Chief of Staff Susie Wiles, and Vice President JD Vance have pushed for repairing the relationship between Trump and Musk, believing that this relationship is too important to lose.In May of this year, Musk visited China with Trump and other business executives, where they discussed Musk's plans to build new factories in the U.S., family matters, and Musk's plan to invest $100 million to help the Republican Party win the November elections.In an interview with The Economist last month, Musk stated that he had previously "been a bit too involved in politics, and frankly, it got a little out of control." During the fallout last year, Musk publicly criticized Trump administration policies and even called for Trump's impeachment at one point, later deleting some related posts and expressing regret for some of his criticisms of Trump.

According to Onchain Lens monitoring, BlackRock transferred 249.16 BTC, worth approximately $15.65 million, and 301.76 ETH, worth approximately $566,000, from its IBIT and ETHA wallets to Coinbase Prime 3 hours ago.

Bitcoin News posted on the X platform that since 2026, publicly listed Bitcoin mining companies have sold 28,000 Bitcoins, worth 1.78 billion dollars.

U.S. Democratic Senator Warren asked Treasury Secretary Basent to explain the basis for the Trump administration's intervention in the yen. In a letter dated August 13, Warren pointed out that the government has not provided detailed justification and has not disclosed how much money was used to purchase yen.Basent confirmed that the U.S. and Japan jointly intervened in the foreign exchange market for the first time since 1998 to support the yen, but did not specify the amount of funds.