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According to the French newspaper Le Monde, the United Arab Emirates will invest 1 billion dollars through its subsidiary Marlan Space, under the International Holding Company (IHC), in Loft Orbital, a space AI startup co-founded by France and the United States, to build an observation satellite constellation consisting of 50 satellites equipped with AI capabilities.Unlike traditional satellites that transmit data back to the ground for analysis, the company plans to use AI in space to process images, videos, and measurement data collected by the satellites directly, with AI entities identifying anomalies and issuing alerts within seconds.

As the US dollar stablecoin continues to dominate the on-chain payment market, Europe is accelerating the development of a digital currency system that reflects its own regulatory framework, monetary sovereignty, and privacy standards, gradually forming two parallel paths: "digital euro + private euro stablecoin." Among them, the European Central Bank is prioritizing privacy protection as an important design focus for the digital euro. Piero Cipollone, a member of the Executive Board of the European Central Bank, stated that the digital euro will provide the highest possible level of privacy under current technological conditions, with offline payments visible only to the payer and payee; in online transactions, the euro system cannot directly identify specific individuals, but banks can still obtain the information required for anti-money laundering.At the same time, private institutions have taken the lead in promoting euro stablecoins. Revolut has begun rolling out EURR to some users in Denmark, Poland, and Portugal, with plans to expand to the entire European Economic Area in the future. EURR operates on Ethereum and is issued by Bridge Building, a subsidiary of Stripe, aiming to maintain a stable value against 1 euro. Forbes points out that the digital euro and EURR are not simply in a substitutive relationship: the former is a public currency issued by the central bank, while the latter is a privately issued on-chain stablecoin. The European digital currency market is developing along these two models simultaneously, with competition focusing on privacy, usability, regulatory clarity, and actual economic value.

Elon Musk stated that Starlink currently has 11,000 satellites in orbit.

An article in Forbes states that U.S. Vice President JD Vance's previous views on the global reserve status of the dollar have sparked discussions about the long-term contradictions of the dollar system. The article argues that while the dollar, as a global reserve currency, brings financing advantages, it also creates the "Triffin Dilemma": a national currency struggles to simultaneously meet domestic economic needs and global reserve demands.The article points out that the dollar's reserve status drives global capital inflows into the U.S., enhancing the dollar's value, allowing American consumers to access cheap imported goods, but simultaneously weakening the competitiveness of U.S. manufacturing and exacerbating trade deficits. The author believes that after the end of the Bretton Woods system and the suspension of gold convertibility in 1971, the dollar system continued to operate through U.S. Treasury bonds and the global dollar market, but the core contradictions have not disappeared. Stablecoins, while able to expand the use of the dollar, still rely on U.S. government debt and cannot completely resolve the issue of reserve assets depending on a single country's liabilities.The article states that while gold has non-sovereign attributes, it faces limitations in transportation, verification, and settlement efficiency. Bitcoin, with its fixed supply, lack of need for state credit endorsement, global verifiability, and rapid digital settlement features, may become a new neutral reserve asset. The author suggests that in the future, the dollar can continue to serve as a global transaction and commercial currency, while Bitcoin may gradually take on more roles as a reserve asset, thereby alleviating the global monetary system's dependence on a single country's liabilities. However, the article also notes that Bitcoin currently faces issues such as price volatility, limited institutional adoption, and insufficient maturity of custodial systems. Gold has a financial history spanning hundreds of years, while Bitcoin has only existed for 17 years, and whether it can become a global reserve asset still requires time to verify.

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.

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 The Block citing News1, Korea's Mirae Asset Group is injecting about 50 billion won (approximately 36 million USD) into the local cryptocurrency exchange Korbit after acquiring it in July.The operating company of Korbit has recently been renamed DigitalX.

According to Forbes, the scale of the theft in the Coldcard hardware wallet vulnerability incident has risen to approximately $130 million, involving about 2,000 BTC and over 5,200 addresses, reigniting the industry's debate over who should hold private keys. Data from Bitcoin Magazine shows that in the days following the incident, the net inflow into U.S. spot Bitcoin ETFs was $626 million, with some opinions suggesting that the vulnerability may drive more funds towards ETFs.Reports indicate that supporters of self-custody remain undeterred. Casa co-founder Jameson Lopp stated that confidence in self-custody should not be lost due to recent events, as custodial institutions also rely on random number generators. Bitcoin core early developer Peter Todd noted that the historical record of self-custody is far better than that of third parties. Another viewpoint argues that both reflexive choices have flaws. Onramp co-founder Michael Tanguma stated that if the only answer is Coinbase or ETFs, it poses a serious problem, as centralizing what should be decentralized assets undermines their foundation, advocating for a multi-institutional custody solution where keys are held by multiple regulated entities.

According to Jinshi reports, Musk stated that if Starship can achieve instant and complete reusability, and local production of liquid oxygen and liquid methane, its launch cost will drop to far below $100 per kilogram.

According to Jinshi reports, SpaceX proposed to deploy up to 1 million satellites in low Earth orbit to create a solar-powered space artificial intelligence data center.

Mirae Asset has completed the acquisition of Korea's earliest cryptocurrency exchange Korbit at 97.15% and has renamed it Digital X.The company plans to develop Digital X into a smart investment platform, integrating real-world assets, security tokens, stablecoins, traditional assets, and digital assets within the same ecosystem. Mirae Asset stated that it will not directly compete with dominant exchanges like Upbit and Bithumb, focusing instead on investor education, research, strict compliance standards, and institutional-grade infrastructure.

According to the Korea Herald, Mirae Asset Consulting, a non-financial subsidiary of Mirae Asset Group, will acquire a total of 97.15% equity in the South Korean cryptocurrency exchange Korbit. Korbit stated on July 23 that Mirae Asset Consulting completed the acquisition of 91.7% equity on the 22nd and is expected to acquire the remaining 5.42% equity on the 24th to complete the transaction.Previously, Mirae Asset Consulting announced on the 21st that it would acquire an additional 1,589,900 shares of Korbit for approximately 7.887 billion Korean won, increasing its total holdings from approximately 26,905,800 shares to approximately 28,495,700 shares, with the total investment amount rising from approximately 133.48 billion Korean won to approximately 141.367 billion Korean won. Korbit stated that it will continue to provide existing services, and user deposits and crypto assets will be managed separately in accordance with the Virtual Asset User Protection Act, with Korbit remaining the data controller for personal information, and the purposes and scope of processing remaining unchanged.

According to the Korea JoongAng Daily, the daily trading volume of South Korea's five major won virtual asset exchanges totals approximately 412.7 billion won, a decrease of 88% compared to a year ago. The total market value of global virtual assets has also shrunk by 41% to $2.322 trillion. The country's leading cryptocurrency firm Dunamu reported a year-on-year decline in revenue and operating profit of 55% and 78%, respectively, in the first quarter.Small and medium-sized exchanges are in an even more difficult situation, with Coinone, Korbit, and Gopax, which recorded operating losses last year, expected to continue losing money this year. Korbit has sold its holdings three times this year, selling 15 bitcoins and 60 ethers within ten days this month, generating approximately 1.6 billion won in cash. A director from Tiger Research stated that the current situation can be seen as a "second crypto winter," with the total market value of cryptocurrencies significantly shrinking and new projects almost nonexistent.Despite the market downturn, institutions are accelerating their adoption of blockchain, focusing on tokenized assets and stablecoins. Major brokerages like Future Asset have recently acquired shares in exchanges, and the government has repeatedly expressed its determination to advance the legislation of the "Digital Asset Basic Law," reflecting a continued optimism about medium- to long-term growth potential.

Forbes has selected 10 cryptocurrencies worth investing in based on the utility or value storage attributes of the tokens, combined with indicators such as performance over the past 7 days and 24-hour trading volume. The selected projects all have a market capitalization exceeding $5 billion, namely BTC, ETH, BNB, XRP, SOL, TRON (TRX), HYPE, RAIN, LEO, and Zcash (ZEC).Forbes states that Bitcoin and Ethereum are widely regarded as the "gold and silver" of the cryptocurrency world, with current market capitalizations of approximately $1.289 trillion and $21.647 billion, respectively, accounting for about 68% of the entire crypto market. In its selection methodology, Forbes considered the fundamental use of each crypto asset, excluding stablecoins, wrapped crypto assets, liquid staking tokens, and meme coins, focusing on projects with clear investment logic that are expected to appreciate as adoption and utility increase.

According to Etoday, South Korean regulators have announced the approval of Mirae Asset Consulting, a subsidiary of Mirae Asset Group, to acquire 92.06% of the shares of the South Korean cryptocurrency exchange Korbit, with a transaction amount of approximately 133.4 billion won (about 9.8 million USD). It is reported that this transaction marks the first acquisition of a virtual asset exchange by a traditional financial group in South Korea.The Korea Fair Trade Commission also released data on the market share of South Korean cryptocurrency exchanges for 2025, which shows: Upbit accounts for about 69%, Bithumb about 28%, Coinone about 2%, Korbit about 0.5%, and Gopax about 0.1%. Due to Korbit's low market share, regulators believe that this merger will not create an exclusionary effect in the securities or asset management sectors, nor will it significantly impact the competitive landscape for future digital asset ETFs and other markets.

According to Jinshi reports, the market has fully digested the possibility of the Federal Reserve raising interest rates by October.