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According to a report by the WSJ, The Boring Company, founded by Musk, is seeking new funding support, and the new round of financing will value the company at approximately $20 billion.The Boring Company was established in 2016 and primarily develops underground transportation tunnel technology aimed at alleviating urban traffic congestion. Currently, the company is operating the Vegas Loop project in Las Vegas, USA, and plans to expand its underground transportation network to more cities.

According to TASS, the Governor of the Central Bank of Russia, Elvira Nabiullina, stated that there are no restrictions on transferring cryptocurrencies from Russia to overseas for all categories of investors, but investors should be aware that such operations currently lack legal protection.

According to informed sources, SoftBank Group is considering acquiring Gravis Robotics AG, as SoftBank is targeting the artificial intelligence sector that supports robotics technology. SoftBank plans to make a significant investment in this European startup and incorporate it into its newly established company, Roze.SoftBank may complete the transaction in phases, achieving this through gradual acquisition of existing shares and injecting new funds. Informed sources say that this deal could ultimately value the Zurich-based Gravis company at over $500 million. They stated that no final decision has yet been made regarding the scale or structure of the transaction.

The rotation of hot spots in the US stock market continues, with strong performances from steel, healthcare, and entertainment consumer-related stocks. Data from the Gate platform shows that the top three stocks in terms of gains in the US market are Cleveland-Cliffs Inc. (CLF), up 15.87%; Medpace Holdings (MEDP), up 15.06%; and IMAX Corporation (IMAX), up 11.98%. Among them, CLF's single-day gain is close to 16%, reflecting the increasing attention of market funds on cyclical manufacturing and consumer service-related stocks.

According to BBX data, yesterday and in recent days, global companies listed on the US stock market have disclosed the latest real announcements regarding digital asset transformation and ecological strategic investments. The core dynamics are as follows:Canton sells traditional business to fully transition to blockchain clearing: Canton Strategic Holdings, Inc. (NASDAQ: $ CNTN) officially announced that it has sold its biotechnology R&D department Gravitas Life Sciences, LLC to Gravitas Collective Corp. The transaction was completed on July 17, 2026. The company clearly stated that this divestiture is an important milestone in its transformation into an operating company, and in the future, it will support the Canton Network through Canton Coin and promote the on-chain digital transformation of traditional financial markets as a strategic investor.Empery Digital invests $20 million in cross-industry computing power electricity park: The US-listed company Empery Digital Inc. (NASDAQ: $ EMPD), which adopts a Bitcoin fund management strategy, announced that it has completed a $20 million preferred stock investment (holding approximately 8%) in Cardinal Data Power, Inc. (CDP) on July 20, 2026. CDP focuses on building electricity-driven data center parks, and this round of financing will support its construction of the first gigawatt-level data center park covering over 3,000 acres in West Texas (Phase I is planned to be operational in 2027, with a long-term plan exceeding 5GW) to meet the next generation of AI and computing power energy demands.

According to Business Insider, Alphabet's total number of employees increased from 187,103 to 198,933 in the year ending June 30, 2026, with a net increase of 11,830 people. Among them, the increase in Q2 2026 alone exceeded 4,000 people, accounting for more than one-third of the total net increase over the past year, marking the largest quarterly increase in recent years. The company's revenue during the same period was $119.8 billion, a year-on-year increase of 24%.Previously, Google laid off 12,000 employees in a one-time action in 2023, followed by several rounds of small-scale adjustments. Last week, about 4,500 employees jointly submitted a petition to CEO Sundar Pichai, requesting stronger layoff protections. Alphabet stated that it will prioritize the long-term development of AI and has raised its capital expenditure expectations for 2026 to $195 billion to $205 billion, citing that the demand for AI infrastructure continues to exceed available capacity.

According to the latest episode of the Gatecast podcast, Gate founder and CEO Dr. Han shared his thoughts on the future of AI, Web3, and the cryptocurrency industry in an interview themed "The Future of AI, Web3, and the Cryptocurrency Industry."Dr. Han stated that the way users will interact with cryptocurrency products will undergo profound changes due to AI in the future. Currently, the cryptocurrency market has millions of assets and tens of thousands of DApps, and the high cost of choice and usage barriers limit user entry. However, AI is expected to become an important gateway connecting users with the Web3 ecosystem. When discussing the combination of AI and trading, Dr. Han mentioned that AI can help users efficiently acquire information, analyze market signals, and assist in decision-making, but it still cannot completely replace human judgment. "AI + human intelligence" will become a more effective approach in the future.Dr. Han also pointed out that Gate is continuously utilizing AI to optimize product experiences, reducing users' learning costs through intelligent tools, and encouraging more users to enter the Web3 world. Currently, Gate is building an AI product system around the Intelligent Web3 strategy, which includes Gate AI, GateClaw, and Gate for AI Agent, accelerating the integration of AI technology into the trading ecosystem. In the future, Gate will further lower the barriers to using Web3 through intelligent products and services, enhance user experience, and drive more users into an open and intelligent Web3 world.

According to an official tweet from Ostium, the on-chain trading platform Ostium announced that it will reopen trading at 10:00 AM Eastern Time on July 23. After the restart, all open positions and pending orders will remain unchanged and will be re-marked at the real-time market price at the time of the restart; if a position reaches the liquidation line at the restart price, it will be automatically liquidated; take profit, stop loss, and limit orders will also be executed at real-time prices upon restart.The resumption of trading will be carried out in phases, starting with protective operations such as closing positions, adding margin, and modifying/canceling orders, followed by the reopening of new position opening functions. In terms of liquidity provision, new OLP deposits are suspended, and existing LP withdrawals will be processed in the next settlement cycle, with details of the capital recovery plan to be announced later.

According to the Nikkei, Japan's revised Financial Instruments and Exchange Act was passed by a vote in the full session of the House of Councillors on July 15, officially bringing crypto assets (virtual currencies) under the regulatory framework for financial products.While the new law strengthens user protection, it requires exchanges to pay a liability reserve, and the industry generally expects this move to become an important catalyst for industry elimination and consolidation. Saito Masahiko, head of the Financial Services Agency's Market Division, clearly stated that the agency does not endorse crypto asset trading and makes no recommendations.

According to monitoring by The Bitcoin Historian, the CEO of Telegram announced that a non-custodial Bitcoin wallet will be launched for all users this summer, with Telegram having over 1 billion active users.

On-chain data analyst Murphy stated that this cycle is significantly different from the past due to the influx of traditional institutional funds brought in by the BTC spot ETF. He pointed out that the net flow of the ETF essentially records the subscription and redemption results of authorized participants (AP) in the primary market. It will only translate into net inflows or outflows in the data when the selling pressure in the secondary market continues to push the ETF price away from its net asset value and exceeds the arbitrage cost line.Murphy analyzed the data from glassnode and noted that from January to February, the market showed "high trading volume + slight net outflow," indicating that although there was obvious panic selling at that time, there was still a large amount of buying support. In contrast, from May to July, the market exhibited "low trading volume + significant net outflow." The more core signal was not a significant increase in selling pressure, but rather the absence of marginal buying, leading to the ETF consistently trading at a discount and resulting in AP redemptions.He believes that this stage is more likely to reflect a second round of "surrender" at the institutional level, which typically belongs to the tail-end clearing pattern of the market, and judges that this may provide new layout opportunities for retail investors, although the duration cannot be clearly determined by the current data.

The digital asset trading platform Gate released its Q2 2026 report. According to data from several authoritative institutions, Gate ranks second globally in spot liquidity and trading volume, maintains a top three position in the derivatives market, and holds a top three market share in open interest (OI). This quarter, in terms of asset class diversification, Gate has advanced its integration of crypto assets and TradFi, accelerating the development of businesses such as stock trading, Pre-IPOs, CFDs, and wealth management, further enhancing global asset allocation capabilities. The platform has officially launched stock trading, establishing a 24/7 trading system covering the U.S., Hong Kong, and South Korean markets, supporting fractional share trading, stock dividends, inter-broker transfer, and stock splits and consolidations. By the end of Q2, Gate's global registered users exceeded 58 million, supporting trading of over 4,800 digital assets and more than 12,500 stock assets, continuously attracting global users to participate in the trading of a diversified asset system through the platform.At the same time, Gate has perfected the complete asset service chain from pre-IPO investment to public market trading. The SpaceX (SPCX) Pre-IPO project has accumulated subscription funds exceeding $396 million, with direct IPO subscription funds exceeding $143 million. Gate CFD has launched 663 trading assets, and the quarterly trading volume of ETFs approached $60 billion, with a month-on-month growth of over 40%. In addition, Gate has launched a global wealth management brand, Gate Wealth, providing global users with more efficient asset allocation and long-term value growth opportunities. Gate.AI has completed its architecture upgrade and brand renewal, supporting access to over 200 mainstream large models globally, and continues to lay out around AI Agents, RWA, prediction markets, and on-chain infrastructure. In Q2 2026, Gate continues to integrate asset allocation capabilities across digital assets, stocks, ETFs, RWA, foreign exchange, and commodities, accelerating its evolution into a global one-stop financial service platform.

According to Dawn, the Federal Investigation Agency (FIA) of Pakistan has established a virtual currency investigation department within the newly launched National Command and Control Center (NC3), focusing on combating money laundering and terrorist financing using virtual assets.Officials responsible for the counter-terrorism department stated that this department will work in conjunction with the newly established Pakistan Virtual Assets Regulatory Authority (PVARA) to specifically investigate criminal activities related to crypto assets, and recommend that the National Cyber Crime Investigation Agency (NCCIA) and the Anti-Narcotics Force (ANF) set up similar units to address the use of crypto assets in cybercrime and drug trafficking.The FIA has also integrated functions such as anti-money laundering, border entry and exit monitoring, human trafficking, and smuggling investigations within the NC3, and is promoting new regulations and personnel expansion to shorten case processing times and enhance law enforcement coordination efficiency.

According to The Block, the London Stock Exchange is planning to launch an overnight trading platform independent of the main market to extend trading hours and meet investors' demand for longer market access. The platform is expected to go live in the first half of 2027, while the regular trading hours of the main market will remain unchanged from 8:00 AM to 4:30 PM. The new platform is proposed to operate from 5:00 PM to 7:50 AM the next morning, with a 30-minute pause from 6:30 PM to 7:00 PM for end-of-day processing.The report states that the platform will initially focus on trading exchange-traded products (ETPs), including funds that track the UK and US stock markets. Julia Hoggett, CEO of the London Stock Exchange, stated that this move is primarily aimed at meeting the needs of retail investors, especially international investors; the London Stock Exchange hopes to extend trading coverage to over 2,600 ETPs listed in the future.

Digital asset investment company CoinShares announced the launch of a new investment platform and the CoinShares Bitcoin Mining UCITS ETF, entering the UCITS (Undertakings for Collective Investment in Transferable Securities) market ecosystem in Europe, which is worth $30 trillion.CoinShares stated that this initiative aims to help CoinShares expand its business towards major institutional investors in Europe, including pension funds, insurance companies, and private banks.

According to sources cited by the Financial Times, Chinese regulators are considering tightening export controls on AI and semiconductor technology. The Ministry of Commerce has discussed with AI companies such as Alibaba, ByteDance, and Zhipu about restricting the transfer of key data used for model training overseas, as well as limiting foreign users from downloading model weights. However, China will still allow overseas customers to access these models and services. The Ministry of Commerce is also soliciting opinions from various parties on potential restrictive measures, which would prohibit overseas chip manufacturers like Qualcomm and TSMC from producing advanced semiconductors based on designs developed by companies such as Huawei, Alibaba, and ByteDance.Sources indicate that most proposals are still under discussion, and regulators are assessing industry feedback before making a final decision.

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 ChaoXiang Research, Morgan Stanley's stock strategy report on July 20 pointed out that AI-related stocks have faced fierce selling in recent weeks, with the South Korean stock market dropping 25% from its peak, and the Philadelphia Semiconductor Index falling 20%. Individual stocks like Samsung and Micron have seen declines between 20% and 50%. The report believes that the core driving force behind this round of decline is technical factors and position clearing, with no deterioration in fundamentals. The gap between relative prices and relative earnings trends in semiconductors continues to widen, but the supply-demand tight balance for DRAM and NAND is expected to last until 2028. DRAM spot prices remain high, and Micron has also raised its performance guidance, indicating that supply-demand tightness will last at least until 2027. The RSI of the Philadelphia Semiconductor Index is nearing the oversold zone, and the accumulated momentum gains for the year have basically been retraced.Morgan Stanley believes that once the oversold signal is confirmed, a rebound window will open, and it suggests that investors gradually position themselves in semiconductors during the summer. The proportion of second-quarter earnings reports exceeding expectations reached 97%, and companies in the S&P 500 that reported better-than-expected earnings outperformed the market by an average of 1.7 percentage points on the day of the report. In terms of allocation, Morgan Stanley has raised its equity allocation from 60% to 65%, increased its Eurozone allocation from 8.7% to 11%, and is overweight in sectors such as semiconductors, mining, capital goods, automotive, insurance, and banking, while underweighting software, business services, and media in the "AI erosion group." Regarding geopolitical conflicts, the report believes that the "buying on dips" strategy since the end of March remains effective.

According to Jinshi reports, Israeli security sources say that the United States is preparing to launch the next phase of military action against Iran in the coming days.