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According to Bloomberg, G42, an AI company supported by Microsoft, has had preliminary discussions with potential investors about raising billions of dollars, potentially becoming one of the first government-affiliated AI companies in the UAE to expand its capital scale through external financing.Insiders revealed that the scale of financing and transaction structure have not yet been finalized, and discussions are still in the exploratory stage. G42 has previously advanced data center projects in Abu Dhabi with Microsoft and OpenAI, and has received support from companies like Microsoft.

According to a report by the Korea Herald, South Korea's largest mobile communication operator SK Telecom announced the spin-off of its Artificial Intelligence Data Center (AIDC) business into a new independent legal entity, SK Horizon, and plans to introduce a total of 3.08 trillion won (approximately 2.2 billion USD) in external funding.The spin-off transaction is expected to be completed on February 1, 2027, with global private equity firms KKR, as well as IMM Investment and Stonebridge Capital consortium, likely to participate in the investment.

Federal Reserve Chairman Waller stated, "Although the PCE and CPI data released this summer were better than expected, they did not convince me that there has been a meaningful improvement in the underlying trend of inflation." "Market prices reflect that the market believes we will achieve price stability. I can assure you that the market's judgment is correct."Waller then stated that with inflation rates above 2%, the Federal Reserve's "current top priority should be prices." This highly anticipated speech by Waller comes at a time when there is criticism of its streamlined communication strategy. Economists and market participants believe that this strategy lacks clear articulation regarding the recent economic and monetary policy outlook.Waller's speech seems to address these concerns, as he elaborated more deeply than before on his views regarding the economic situation and the focus of Federal Reserve policy under his leadership. He said, "Let us also clarify another aspect of our goals: price stability will not be achieved automatically, and inflation will not necessarily return on its own. Achieving price stability is the responsibility of the Federal Reserve." It is expected that Waller will not answer questions posed by on-site central bank officials and economists.

Alibaba announced that its latest generation AI processor, Zhenwu M890, has been widely commercialized among over 650 external customers. The chip, through Alibaba Cloud services, has been applied in more than 20 industries including autonomous driving, the internet, and financial services, validating its capability to support end-to-end AI workloads.

Alibaba (09988.HK) announced that the external revenue growth of Alibaba Cloud accelerated to 45%, and revenue from artificial intelligence-related products achieved triple-digit growth.

Ant Group's three independent sectors, Ant International, OceanBase, and Ant Technology, have recently launched intensive external financing. Among them, Ant International completed approximately $1.2 billion in Series A financing in July, OceanBase is seeking about 2 to 3 billion yuan in Series A financing, and Ant Technology is preparing for Pre-IPO financing. All three companies will operate independently starting in March 2024. Sources close to Ant indicate that this round of financing is more of a phased test of the effectiveness of the three companies' independent operations, and they have not yet entered the preparation stage for an IPO.OceanBase's annual revenue has exceeded 1.4 billion yuan, with a year-on-year growth of about 70%; Ant Technology's revenue is expected to be around 5 billion yuan in 2025, with a target of about 8 billion yuan in 2026. Ant International's revenue is projected to be around $3.75 billion in 2025. Since 2023, Ant Group has invested nearly 80 billion yuan in technology, shifting its strategic focus from fintech to AI and data elements, with its financial business humorously referred to internally as the department that "earns living expenses" for the AI business.Currently, Ant's overall valuation is approximately 592 billion yuan, a reduction of more than 70% from 2.1 trillion yuan on the eve of its IPO in 2020. The market believes that a spin-off listing is a more realistic path than an overall listing for the group, but each sector still needs to prove its independent customer acquisition capabilities to open the doors to the capital market.

Yushu Technology officially launched online and offline subscriptions on August 10, with an issue price of 150.80 yuan per share. The total market value after issuance is approximately 60.993 billion yuan, with total fundraising of nearly 6.1 billion yuan, and the issuance price-to-earnings ratio is 219.23 times, significantly higher than the industry average of 38.56 times.Meituan holds a total of 9.65% of Yushu's shares before issuance through its three subsidiaries, making it the largest external institutional shareholder; Sequoia China holds a total of 7.11%, ranking second. Based on the issue price, the two institutions will receive substantial paper returns. Sequoia first participated in the capital increase in December 2019 with 15 million yuan, at which time the post-investment valuation was only 150 million yuan.A fund under DJI planned to invest 10.1286 million yuan in 2018 for a corresponding shareholding of about 17%, and completed the business registration, but chose to withdraw its investment in 2019. If this investment had been retained until now, the corresponding market value would be approximately 3.7 billion yuan based on the issue price. DJI did not explain the reason for the withdrawal, but in 2019, the company announced an anti-corruption notice, disclosing the handling of 45 employees suspected of corruption, which led to a complete halt of the investment department's work.Among other major shareholders, Jingwei Venture Capital holds 5.45%, Shunwei Capital holds 4.42%, and CITIC Securities holds a total of 4.49%. In terms of strategic placement, DeepSeek received 933,400 shares (subscription of 141 million yuan), and Shanghai Qishan Investment, a subsidiary of Tencent, received 903,300 shares. CITIC Securities, as the sole sponsor, will receive approximately 145 million yuan in sponsorship underwriting fees and will be allocated 808,900 shares through co-investment. Yushu also reminds that the issuance price-to-earnings ratio is significantly higher than the industry average, posing a risk of stock price decline. The deadline for payment for successful applicants is August 12.

According to the Financial Times, Jane Street is negotiating with several investors, including Pimco, to transfer its approximately $11 billion in debt from the public market to private instruments through a private credit deal.Analysis indicates that this debt transfer by Jane Street aims to reduce the quarterly financial disclosure requirements to a large number of creditors while providing greater flexibility for the company to further invest in AI infrastructure (such as data centers and related technologies).

The on-chain financial innovation experimental project TokenWorks tweeted that the initial release phase of Fake World Assets has ended, and the tokens have been distributed to participants. External purchases will open at 3:00 AM Beijing time on August 5.In addition, 50% of the future protocol fees originally belonging to TokenWorks will be redirected to a buyback mechanism. 70% of the tokens obtained from the buyback will be allocated to buyers, 10% to depositors, and 20% for burning. The additional purchase fee has been reduced from 5% to 2.5%, and the depositor bidding has increased from 85% to 90%. The purchase function will be suspended from 9:00 PM to 12:00 AM on August 4 to allow depositors to withdraw.

According to Jinshi reports, the Iraqi government spokesperson stated that if the Strait of Hormuz remains closed, the government will turn to external borrowing.

Strategy founder Michael Saylor stated that Bitcoin has gained market recognition, but the biggest challenge in the future is not external competition, but rather the erosion of consensus rules from within. He believes that Bitcoin's consensus rules are like a "constitution," determining property rights, scarcity, settlement mechanisms, and boundaries of power. Any modification of the rules for the benefit of specific groups is an infringement on the economic rights of all participants.He warned that Bitcoin is expected to grow a hundredfold in the future and become the infrastructure of the global capital market, while a single erroneous rule modification could harm markets, technologies, and economic freedoms that have yet to be born. Saylor specifically pointed out certain proposals, including BIP-110, arguing that they undermine the neutrality of the Bitcoin protocol by limiting effective paid transactions, introducing contract mechanisms, or expanding block capacity. He stated that although these proposals take different forms, they all weaken the scarcity of block space, increase network bandwidth and verification costs, expand protocol complexity, and introduce new security risks. At the same time, weakening the fee market will affect miners' income sources after block rewards continue to halve, thereby undermining the long-term security of the Bitcoin network. Furthermore, once a particular interest group is able to modify Bitcoin rules through certain means, other interest groups will follow suit, leading to long-term conflicts in protocol governance, capital outflows, slowed innovation, and deteriorating network security. Saylor called for keeping the Bitcoin base layer simple, neutral, scarce, and secure, leaving innovation to the second layer and application layer, promoting development through voluntary adoption rather than frequent modifications of the underlying protocol, and emphasized that protocol upgrades should be approached with extreme caution and only advanced when truly necessary to maintain the foundation for Bitcoin's long-term development.

According to South Korean media Maeil Business, data from the Financial Supervisory Service of Korea shows that during the first phase of the CBDC pilot project led by the Bank of Korea, financial authorities did not conduct any independent security verification, and only the participating banks conducted their own pre-security reviews.Before the project launched, only an IT vulnerability self-assessment was conducted for the participating banks, executed by the Financial Security Institute, SK Shields, and self-inspection teams from Woori Bank and NongHyup Bank, forming an evaluation model of "self-check by the regulated entities." The central bank acknowledged external doubts about the security of the deposit tokens in the pilot result report and responded that the pre-review was sufficient, but critics pointed out that this explanation was a self-assessment and not an independent third-party verification.

The Cardano development company Input Output will transfer control of key blockchain components such as Haskell nodes, the Plutus platform, and the Daedalus wallet to external professional teams starting in August, as part of a multi-year decentralization initiative. Independent companies like Se7en Labs and Teragone will be responsible for some core infrastructure.At least three implementations of Cardano will be maintained in Haskell, Rust, and Go languages, and will be subject to community oversight and formal specification management. Cardano is currently facing weak network activity and a significant drop in the price of the ADA token. Founder Charles Hoskinson has defined this restructuring and the related setbacks in the ecosystem as necessary "growing pains" on the path to complete decentralization.

Gate recently released a detailed verification statement regarding the security item changes and fund loss incident reported by customer 9****6. After an internal review, the platform confirmed that the applicant submitted materials highly matching the customer's account, including Email, phone number, real-name information, transaction records, and Alipay screen recordings. The platform pointed out that the Alipay screen recording required access to the customer's Alipay account and successfully passed multiple identity verifications, indicating that the applicant not only possessed account information but also obtained the customer's external real-name information, Alipay account, and device permissions in advance.The platform emphasized that its security unbinding review implements a four-fold verification process of "multi-channel advance notification + system risk control preliminary screening + manual multi-layer review + time protection." After notifying the customer through dual channels, the application was processed only after waiting two days without objections, and a 24-hour withdrawal prohibition protection was imposed after modification. Upon investigation, there were no information leakage logs within the platform, and some sensitive identity information provided by the applicant was external information previously unknown to the platform.Regarding fund recovery, the platform has sorted out the flow of funds and collaborated with multiple departments to conduct on-chain analysis and asset tracking, currently coordinating with third parties like Tether to advance the freezing process, and will cooperate with judicial investigations in the future. The platform advises customers to conduct comprehensive security reinforcement on their devices and expresses regret that the customer did not contact the platform within the three-day notification period.

According to DigitalAsset, Upbit operator Dunamu has been selected as the first priority candidate for the "Management of Seized Digital Asset Custody Business" by the Korean National Police Agency. According to data from the Korean government procurement portal (KONEPS), Dunamu ranked first with a comprehensive score of 94.73 (technical score 84.73, bid price score 10), surpassing the Korea Digital Asset Custody Company (KDAC, 91.29) and Hecto Wallet One (87.27).The project budget is 267 million won, with a contract period of 1 year, aimed at entrusting the digital assets seized by the police during investigations to external professional institutions for secure custody. Previously, there were cases in the Korean judicial system where seized bitcoins were lost, raising concerns about the need for external custody of digital assets.

According to The Block, Binance founder Zhao Changpeng stated that the MiCA license application submitted by Binance in Greece fully complied with regulatory requirements and was close to approval before being withdrawn, but ultimately the process was interrupted due to "external political factors."In an interview, Zhao Changpeng mentioned that several countries within the EU had expressed interest in the license, and there was even a certain degree of "competitive pursuit," but the regulatory progress was ultimately affected by non-regulatory factors, forcing the application to be withdrawn. Binance officially withdrew its application in Greece last week and stated that it would turn to other EU member states to continue pursuing MiCA authorization.In response to market rumors regarding his connections with high-level EU politicians, Zhao Changpeng stated that he had not seen any verifiable documents and only saw similar claims online, which he did not confirm. Zhao Changpeng also pointed out that the EU MiCA transition period will officially end on July 1, at which time platforms that have not obtained licenses must cease related services. Regulatory agencies in various countries have made it clear that they will not postpone enforcement, and they evaluate this outcome as a "lose-lose situation," using the regulatory processes in Japan and Singapore as examples to emphasize that compliance processes often require a longer period.Additionally, when discussing Strategy's STRC preferred stock product, Zhao Changpeng stated that its structure is "too complex" and expressed difficulty in fully understanding its mechanism, but emphasized that he does not comment on the credibility of its founder Michael Saylor, considering him a "staunch supporter of Bitcoin."

DeepSeek plans to raise approximately $7 billion in its first round of financing, with a valuation of up to $59 billion. Tencent and CATL will become DeepSeek's largest external investors; NetEase and JD.com also plan to participate in the investment.

edgeX released an update regarding the abnormal price fluctuations of the EDGE token, stating that the protocol has not been compromised in any way, and this incident is not a hacker attack, exploit, or security vulnerability.Current confirmed information indicates that this is an attempt by certain external parties to deliberately manipulate the market price of EDGE, which is a matter of market integrity rather than platform security. The team is actively investigating and collaborating with relevant exchanges and platforms, and a comprehensive update will be released after the investigation is complete.

Uniswap founder Hayden Adams expressed deep gratitude for the long-term funding and multifaceted support provided by the Ethereum Foundation (EF), but specifically clarified that Uniswap was not incubated by EF, and that he participated as an external grantee with a close personal connection to EF.Previously, EF Chair Aya Miyaguchi and co-founder Vitalik Buterin publicly shared their views on the future direction of the Ethereum Foundation. Miyaguchi stated that part of the reason for proposing the EF mission framework at the end of last year was the issue of deviation in technical discussions.