🚨 Consensys halts releases after North Korea-linked developer breach
Consensys has temporarily halted product releases following a security incident in which a developer linked to North Korea gained access to company systems for approximately one month.
According to Drop Site News, the individual joined Consensys under the alias "Tyler Knapp" and accessed internal infrastructure. The company discovered the breach and took action to secure its systems and halt ongoing deployments.
This marks a significant security incident for one of Ethereum's leading infrastructure providers. The scope of accessed data and potential impact on Consensys products remain under investigation.
📰 Source: Crypto News
#Consensys #Security #Ethereum #ETH
Consensys has temporarily halted product releases following a security incident in which a developer linked to North Korea gained access to company systems for approximately one month.
According to Drop Site News, the individual joined Consensys under the alias "Tyler Knapp" and accessed internal infrastructure. The company discovered the breach and took action to secure its systems and halt ongoing deployments.
This marks a significant security incident for one of Ethereum's leading infrastructure providers. The scope of accessed data and potential impact on Consensys products remain under investigation.
📰 Source: Crypto News
#Consensys #Security #Ethereum #ETH
⚖️ ECB warns stablecoins threaten European banking, pushes digital euro
The European Central Bank views stablecoins as a systemic risk to Europe's banking sector. Piero Cipollone, ECB executive board member, stated on July 17 that if retail deposits migrate to stablecoins held in digital wallets, banks will lose a critical funding source and face pressure to raise lending rates.
The concern centers on dollar-backed stablecoins like USDT and USDC—issued outside the EU and largely unregulated. Meanwhile, the ECB's answer is the digital euro, a central bank digital currency (CBDC) designed to preserve public money and keep commercial banks central to payments. The ECB has selected 36 payment service providers for a 12-month pilot launching in H2 2027, with full deployment targeted for 2029.
Only USDC and EURC comply with the EU's Markets in Crypto-Assets (MiCA) framework. …
The European Central Bank views stablecoins as a systemic risk to Europe's banking sector. Piero Cipollone, ECB executive board member, stated on July 17 that if retail deposits migrate to stablecoins held in digital wallets, banks will lose a critical funding source and face pressure to raise lending rates.
The concern centers on dollar-backed stablecoins like USDT and USDC—issued outside the EU and largely unregulated. Meanwhile, the ECB's answer is the digital euro, a central bank digital currency (CBDC) designed to preserve public money and keep commercial banks central to payments. The ECB has selected 36 payment service providers for a 12-month pilot launching in H2 2027, with full deployment targeted for 2029.
Only USDC and EURC comply with the EU's Markets in Crypto-Assets (MiCA) framework. …
🤝 SBI Holdings acquires Coinhako, expands crypto and stablecoin push
Japanese financial giant SBI Holdings has acquired Coinhako, signaling a major expansion into cryptocurrency services and stablecoin infrastructure. The move aligns with SBI's broader strategy to develop a yen-backed stablecoin and deepen its presence in digital assets.
The acquisition pairs with SBI's Solana partnership, positioning the company to leverage blockchain infrastructure for its stablecoin ambitions. This positions SBI as a major institutional player bridging traditional finance and decentralized networks.
📈 SOL trading at $76.06 (+1.46% in 24h), with $1.04B in 24h volume.
📰 Source: AMBCrypto
#SBI #Stablecoin #Solana #Crypto #Web3
Japanese financial giant SBI Holdings has acquired Coinhako, signaling a major expansion into cryptocurrency services and stablecoin infrastructure. The move aligns with SBI's broader strategy to develop a yen-backed stablecoin and deepen its presence in digital assets.
The acquisition pairs with SBI's Solana partnership, positioning the company to leverage blockchain infrastructure for its stablecoin ambitions. This positions SBI as a major institutional player bridging traditional finance and decentralized networks.
📈 SOL trading at $76.06 (+1.46% in 24h), with $1.04B in 24h volume.
📰 Source: AMBCrypto
#SBI #Stablecoin #Solana #Crypto #Web3
📰 Asia's crypto week: Japan classifies assets as financial products
Japan's parliament passed landmark amendments formally classifying cryptocurrencies as financial instruments for the first time. The move introduces insider trading rules for crypto and raises penalties for unlicensed operations to 10 years imprisonment or ¥10 million fines.
A major tax reform shifts crypto gains taxation from 55% comprehensive rates to ~20% self-assessed taxation starting January 1, 2028, with three-year loss carryforward provisions. The framework will support cryptocurrency ETFs.
Meanwhile, South Korea's Financial Services Commission extended victim compensation to crypto asset losses from telecom fraud, effective October 1. The country also plans blockchain-based tokenized treasury bonds, with pilots launching by 2027.
In platform news, Coinbase opened registration for mainland Chinese users via ID card verification, and Bybit launched its localized Indonesian operation under local regulatory supervision. …
Japan's parliament passed landmark amendments formally classifying cryptocurrencies as financial instruments for the first time. The move introduces insider trading rules for crypto and raises penalties for unlicensed operations to 10 years imprisonment or ¥10 million fines.
A major tax reform shifts crypto gains taxation from 55% comprehensive rates to ~20% self-assessed taxation starting January 1, 2028, with three-year loss carryforward provisions. The framework will support cryptocurrency ETFs.
Meanwhile, South Korea's Financial Services Commission extended victim compensation to crypto asset losses from telecom fraud, effective October 1. The country also plans blockchain-based tokenized treasury bonds, with pilots launching by 2027.
In platform news, Coinbase opened registration for mainland Chinese users via ID card verification, and Bybit launched its localized Indonesian operation under local regulatory supervision. …
🤝 Visa launches enterprise stablecoin platform with Open USD
Visa has rolled out the Visa Stablecoin Platform (VSP), an enterprise-grade infrastructure for institutions to mint, hold, transfer, and redeem stablecoins. The platform launches in beta with select clients, starting with Open USD (OUSD).
VSP includes dual-control approvals, comprehensive audit logging, Wallet-as-a-Service with secure passkeys, and allow-lists to govern transfers. These controls are designed to meet enterprise compliance and operational standards. OUSD itself is expected to launch more broadly later in 2026.
Open Standard, the consortium behind OUSD, counts 140+ partner companies including Visa, Stripe, Mastercard, BlackRock, and Coinbase. The platform targets use cases like on-chain settlement between partners, cross-border treasury moves, and merchant payouts—workflows where institutions want stablecoin speed without sacrificing audit trails or key management.
📰 Source: CryptoDaily …
Visa has rolled out the Visa Stablecoin Platform (VSP), an enterprise-grade infrastructure for institutions to mint, hold, transfer, and redeem stablecoins. The platform launches in beta with select clients, starting with Open USD (OUSD).
VSP includes dual-control approvals, comprehensive audit logging, Wallet-as-a-Service with secure passkeys, and allow-lists to govern transfers. These controls are designed to meet enterprise compliance and operational standards. OUSD itself is expected to launch more broadly later in 2026.
Open Standard, the consortium behind OUSD, counts 140+ partner companies including Visa, Stripe, Mastercard, BlackRock, and Coinbase. The platform targets use cases like on-chain settlement between partners, cross-border treasury moves, and merchant payouts—workflows where institutions want stablecoin speed without sacrificing audit trails or key management.
📰 Source: CryptoDaily …
⚖️ U.S. tariffs on Brazil spark stablecoin cross-border pivot
The U.S. Trade Representative concluded a Section 301 review and imposed 25% tariffs on selected Brazilian imports, citing digital trade and electronic payment services—specifically naming Pix. The duties take effect July 22, 2026.
The dispute has accelerated stablecoin adoption as a workaround. Tether invested $20 million in Mercado Bitcoin on July 7 to expand on-chain payments across Latin America. Meanwhile, Senator Flávio Bolsonaro proposed keeping Pix isolated from non-Western cross-border settlement systems to ease U.S. pressure—a signal that payment alignment is now a diplomatic lever.
For Brazilian exporters and importers, stablecoins like USDT offer speed and 24/7 settlement where tariffs have raised the cost of traditional rails. Licensed VASP gateways with KYC and tax compliance retain regulatory oversight. The shift is not a full migration from Pix; it is a practical hedge while trade winds shift. …
The U.S. Trade Representative concluded a Section 301 review and imposed 25% tariffs on selected Brazilian imports, citing digital trade and electronic payment services—specifically naming Pix. The duties take effect July 22, 2026.
The dispute has accelerated stablecoin adoption as a workaround. Tether invested $20 million in Mercado Bitcoin on July 7 to expand on-chain payments across Latin America. Meanwhile, Senator Flávio Bolsonaro proposed keeping Pix isolated from non-Western cross-border settlement systems to ease U.S. pressure—a signal that payment alignment is now a diplomatic lever.
For Brazilian exporters and importers, stablecoins like USDT offer speed and 24/7 settlement where tariffs have raised the cost of traditional rails. Licensed VASP gateways with KYC and tax compliance retain regulatory oversight. The shift is not a full migration from Pix; it is a practical hedge while trade winds shift. …
📊 Semiconductor stocks enter bear market as AI rally loses steam
The PHLX Semiconductor Index (SOX) has officially entered bear market territory, plunging over 20% from its June 2026 peak of 14,655 points to approximately 11,674 by mid-July. The decline has wiped an estimated $3.3 trillion in market value across the global semiconductor sector.
The selloff follows months of AI-driven gains as investor sentiment shifted. Concerns emerged over whether massive AI capital expenditures would justify elevated valuations, intensified by reports of slower high-bandwidth memory production expansion and a more hawkish Federal Reserve stance. A major catalyst came from China's launch of an open-source AI model, raising questions about long-term demand for expensive proprietary hardware.
Memory-focused chipmakers including Micron, Samsung Electronics, and SK Hynix suffered the sharpest declines. Nvidia showed greater resilience than peers. …
The PHLX Semiconductor Index (SOX) has officially entered bear market territory, plunging over 20% from its June 2026 peak of 14,655 points to approximately 11,674 by mid-July. The decline has wiped an estimated $3.3 trillion in market value across the global semiconductor sector.
The selloff follows months of AI-driven gains as investor sentiment shifted. Concerns emerged over whether massive AI capital expenditures would justify elevated valuations, intensified by reports of slower high-bandwidth memory production expansion and a more hawkish Federal Reserve stance. A major catalyst came from China's launch of an open-source AI model, raising questions about long-term demand for expensive proprietary hardware.
Memory-focused chipmakers including Micron, Samsung Electronics, and SK Hynix suffered the sharpest declines. Nvidia showed greater resilience than peers. …
🏦 Galaxy DigitalNames Texas Tech Stadium in 15-Year Partnership
Galaxy Digital has secured a 15-year naming-rights deal to rebrand Texas Tech's home football stadium as Galaxy Stadium, effective with the 2026 season opener on September 5, 2026.
The partnership, valued at approximately $75 million over 15 years, pairs the crypto infrastructure firm's brand with a Power Five recruiting pipeline and regional presence. Galaxy's Helios campus in West Texas holds 1.6 GW of approved power capacity, with Phase I delivering roughly 133 MW of IT load to CoreWeave on a 15-year lease—reinforcing the company's long-term commitment to the region.
Beyond stadium signage, the deal functions as a local integration play: career fairs, hiring initiatives, and earned media tied to football Saturdays create compounding brand value. For a data-center builder, regional credibility and community ties often outweigh national reach alone.
📰 Source: CryptoDaily
#GalaxyDigital #TexasTech #Infrastructure #AI #Crypto
Galaxy Digital has secured a 15-year naming-rights deal to rebrand Texas Tech's home football stadium as Galaxy Stadium, effective with the 2026 season opener on September 5, 2026.
The partnership, valued at approximately $75 million over 15 years, pairs the crypto infrastructure firm's brand with a Power Five recruiting pipeline and regional presence. Galaxy's Helios campus in West Texas holds 1.6 GW of approved power capacity, with Phase I delivering roughly 133 MW of IT load to CoreWeave on a 15-year lease—reinforcing the company's long-term commitment to the region.
Beyond stadium signage, the deal functions as a local integration play: career fairs, hiring initiatives, and earned media tied to football Saturdays create compounding brand value. For a data-center builder, regional credibility and community ties often outweigh national reach alone.
📰 Source: CryptoDaily
#GalaxyDigital #TexasTech #Infrastructure #AI #Crypto
🚀 Current AI raises $400M for open-source AI infrastructure
Current AI, a non-profit backed by Google and the French government, has raised over $400 million to build open-source AI infrastructure. The initiative aims to create a decentralized foundation for artificial intelligence development.
The funding represents a significant commitment to democratizing AI tools and reducing dependence on proprietary systems. Current AI's approach mirrors the early ethos of the open internet, applying similar principles to the AI ecosystem.
📰 Source: Crypto Briefing
#AI #OpenSource #Google #Infrastructure #Tech
Current AI, a non-profit backed by Google and the French government, has raised over $400 million to build open-source AI infrastructure. The initiative aims to create a decentralized foundation for artificial intelligence development.
The funding represents a significant commitment to democratizing AI tools and reducing dependence on proprietary systems. Current AI's approach mirrors the early ethos of the open internet, applying similar principles to the AI ecosystem.
📰 Source: Crypto Briefing
#AI #OpenSource #Google #Infrastructure #Tech
🚀 Alibaba launches Qwen3.8-Max, claims second only to Claude
Alibaba's Qwen team unveiled Qwen3.8-Max-Preview on July 19, a 2.4 trillion-parameter model positioned as one of the world's most capable AI systems. The company states it trails only Anthropic's Claude in performance.
The release intensifies competition among Chinese AI labs. Moonshot AI's Kimi K3, launched days earlier with 2.8 trillion parameters, recently topped global coding leaderboards. Alibaba's timing suggests a coordinated push by Chinese developers to establish dominance in frontier AI.
Qwen3.8-Max will be available on Alibaba's developer platforms immediately, with weights to be released publicly soon. The model will also power Apple Intelligence features for iPhone users in China, following regulatory approval from the Cyberspace Administration this month. Alibaba serves as a technology partner for Apple's on-device AI services.
📰 Source: BeInCrypto
#AI #Alibaba #Qwen #China #LLM
Alibaba's Qwen team unveiled Qwen3.8-Max-Preview on July 19, a 2.4 trillion-parameter model positioned as one of the world's most capable AI systems. The company states it trails only Anthropic's Claude in performance.
The release intensifies competition among Chinese AI labs. Moonshot AI's Kimi K3, launched days earlier with 2.8 trillion parameters, recently topped global coding leaderboards. Alibaba's timing suggests a coordinated push by Chinese developers to establish dominance in frontier AI.
Qwen3.8-Max will be available on Alibaba's developer platforms immediately, with weights to be released publicly soon. The model will also power Apple Intelligence features for iPhone users in China, following regulatory approval from the Cyberspace Administration this month. Alibaba serves as a technology partner for Apple's on-device AI services.
📰 Source: BeInCrypto
#AI #Alibaba #Qwen #China #LLM
💰 Zalando backs Sereact's $116M Series B for warehouse robotics
Fashion e-commerce platform Zalando has joined Sereact's Series B funding round as a strategic investor, bringing total Series B capital to $116 million. The round was originally led by Headline in April 2026, with participation from Bullhound Capital, Daphni, Felix Capital, and returning investors.
Sereact develops physical AI systems for warehouse automation, including picking cells, returns stations, and humanoid robots. The company has deployed over 200 systems across Europe and completed more than one billion production picks. With Zalando's investment, total funding now exceeds $145 million.
Zalando cited Sereact's dual-arm robotic system for returns handling as a strategic fit. The company noted that approximately 50% of items ordered are returned in its operations, making automation critical. Sereact's systems are approximately 30% more cost-effective than manual processing in most regions.
📰 Source: Tech.eu …
Fashion e-commerce platform Zalando has joined Sereact's Series B funding round as a strategic investor, bringing total Series B capital to $116 million. The round was originally led by Headline in April 2026, with participation from Bullhound Capital, Daphni, Felix Capital, and returning investors.
Sereact develops physical AI systems for warehouse automation, including picking cells, returns stations, and humanoid robots. The company has deployed over 200 systems across Europe and completed more than one billion production picks. With Zalando's investment, total funding now exceeds $145 million.
Zalando cited Sereact's dual-arm robotic system for returns handling as a strategic fit. The company noted that approximately 50% of items ordered are returned in its operations, making automation critical. Sereact's systems are approximately 30% more cost-effective than manual processing in most regions.
📰 Source: Tech.eu …
🌐 UK CFO AI confidence surges to 73% as geopolitical fears ease
UK chief financial officers have dramatically shifted their stance on artificial intelligence. A Deloitte survey of 58 UK CFOs conducted in early July 2026 found that 73% now express confidence in AI-driven performance—a sharp jump from just 39% in 2024 and 59% by end of 2025.
The turnaround reflects two key trends: CFOs increasingly view AI as a strategic investment for long-term growth and operational efficiency, not merely a productivity tool. Simultaneously, geopolitical concerns that dominated boardroom discussions earlier this year have eased. Deloitte's geopolitical risk index dropped 11 points to 68, allowing finance leaders to refocus on business expansion.
The broader picture shows commitment to digital transformation. Around 96% of surveyed CFOs expect their organizations to increase tech spending over the next five years. …
UK chief financial officers have dramatically shifted their stance on artificial intelligence. A Deloitte survey of 58 UK CFOs conducted in early July 2026 found that 73% now express confidence in AI-driven performance—a sharp jump from just 39% in 2024 and 59% by end of 2025.
The turnaround reflects two key trends: CFOs increasingly view AI as a strategic investment for long-term growth and operational efficiency, not merely a productivity tool. Simultaneously, geopolitical concerns that dominated boardroom discussions earlier this year have eased. Deloitte's geopolitical risk index dropped 11 points to 68, allowing finance leaders to refocus on business expansion.
The broader picture shows commitment to digital transformation. Around 96% of surveyed CFOs expect their organizations to increase tech spending over the next five years. …
🔧 WEEX launches Multi-Market Mode: track 6 crypto pairs simultaneously
WEEX, a global cryptocurrency exchange with 6.2 million users, has introduced Multi-Market Mode, a new screen layout that allows traders to monitor multiple trading pairs in real time without switching tabs.
The feature splits a trader's screen into 2, 3, 4, or 6 independent chart windows, each functioning as a fully independent workspace. Every window supports drawing tools, independent timeframe selection, and asset switching — all without affecting other charts. The layout automatically saves, so traders return to their exact setup on the next session.
Multi-Market Mode is designed for swing traders, arbitrage traders, and anyone tracking correlated pairs or portfolio positions simultaneously. To access it, traders log into WEEX, open any futures page, click "Layout," and select their preferred grid size under "Multi-market."
📰 Source: BeInCrypto
#WEEX #CryptoTrading #Trading #Bitcoin #Crypto
WEEX, a global cryptocurrency exchange with 6.2 million users, has introduced Multi-Market Mode, a new screen layout that allows traders to monitor multiple trading pairs in real time without switching tabs.
The feature splits a trader's screen into 2, 3, 4, or 6 independent chart windows, each functioning as a fully independent workspace. Every window supports drawing tools, independent timeframe selection, and asset switching — all without affecting other charts. The layout automatically saves, so traders return to their exact setup on the next session.
Multi-Market Mode is designed for swing traders, arbitrage traders, and anyone tracking correlated pairs or portfolio positions simultaneously. To access it, traders log into WEEX, open any futures page, click "Layout," and select their preferred grid size under "Multi-market."
📰 Source: BeInCrypto
#WEEX #CryptoTrading #Trading #Bitcoin #Crypto
🚀 Alibaba surges 5.4% on flagship Qwen3.8-Max AI model launch
Alibaba unveiled Qwen3.8-Max, its latest flagship AI model featuring 2.4 trillion parameters, positioning it as one of the world's most powerful systems. The preview launched Sunday through Alibaba's Token Plan subscription and developer tools Qoder and QoderWork.
The Hong Kong-listed shares climbed 5.4% on Monday, marking the company's second major stock jump this week. The surge follows Apple's approval to deploy Alibaba's Qwen AI on iPhones in China, a market with 1.4 billion smartphone users.
China's AI competition intensifies as startups target multi-trillion-parameter models. Moonshot AI this week launched Kimi K3 with 2.8 trillion parameters, claiming the largest open-source system globally. However, Alibaba faces scrutiny: the Pentagon listed it as tied to China's military, and Anthropic accused the company of "distillation attacks" on Claude—a claim Alibaba disputes.
📰 Source: Cryptopolitan
#Alibaba #AI #Qwen #China #Tech
Alibaba unveiled Qwen3.8-Max, its latest flagship AI model featuring 2.4 trillion parameters, positioning it as one of the world's most powerful systems. The preview launched Sunday through Alibaba's Token Plan subscription and developer tools Qoder and QoderWork.
The Hong Kong-listed shares climbed 5.4% on Monday, marking the company's second major stock jump this week. The surge follows Apple's approval to deploy Alibaba's Qwen AI on iPhones in China, a market with 1.4 billion smartphone users.
China's AI competition intensifies as startups target multi-trillion-parameter models. Moonshot AI this week launched Kimi K3 with 2.8 trillion parameters, claiming the largest open-source system globally. However, Alibaba faces scrutiny: the Pentagon listed it as tied to China's military, and Anthropic accused the company of "distillation attacks" on Claude—a claim Alibaba disputes.
📰 Source: Cryptopolitan
#Alibaba #AI #Qwen #China #Tech
📊 KAITO Core Contributors unlock 6.94M tokens on July 20
KAITO's next token unlock arrives July 20, 2026, releasing roughly 17.8 million tokens—about 1.8% of total supply. Within that batch, approximately 6.94 million KAITO is earmarked for Core Contributors, valued near $6.67 million at snapshot pricing.
The unlock matters because contributor token release is a market-watched event. Timing, destination (exchange vs. OTC vs. staking), and pace of sales shape order-book depth and short-term price action. With circulating supply around 241 million KAITO (24.1% of 1 billion total), even a 1–2% unlock can pressure liquidity if concentrated into thin order books.
Trackers show consistent figures: Tokenomics.com lists 17,802,405 KAITO; CoinGecko reports ~17.6 million. The gap reflects snapshot timing and price drift. …
KAITO's next token unlock arrives July 20, 2026, releasing roughly 17.8 million tokens—about 1.8% of total supply. Within that batch, approximately 6.94 million KAITO is earmarked for Core Contributors, valued near $6.67 million at snapshot pricing.
The unlock matters because contributor token release is a market-watched event. Timing, destination (exchange vs. OTC vs. staking), and pace of sales shape order-book depth and short-term price action. With circulating supply around 241 million KAITO (24.1% of 1 billion total), even a 1–2% unlock can pressure liquidity if concentrated into thin order books.
Trackers show consistent figures: Tokenomics.com lists 17,802,405 KAITO; CoinGecko reports ~17.6 million. The gap reflects snapshot timing and price drift. …
💰 Bezos backs $450M funding round for AI materials startup CuspAI
Jeff Bezos has backed a $450M funding round for CuspAI, a Cambridge-based AI startup focused on materials discovery for clean technology. The round values the company at $2.6B.
CuspAI uses generative AI to accelerate materials research, positioning itself in the growing intersection of artificial intelligence and real-world industrial applications. The investment reflects broader interest from major tech figures in AI startups solving tangible problems beyond software.
📰 Source: Crypto Briefing
#AI #Funding #MaterialsScience #CuspAI #Bezos
Jeff Bezos has backed a $450M funding round for CuspAI, a Cambridge-based AI startup focused on materials discovery for clean technology. The round values the company at $2.6B.
CuspAI uses generative AI to accelerate materials research, positioning itself in the growing intersection of artificial intelligence and real-world industrial applications. The investment reflects broader interest from major tech figures in AI startups solving tangible problems beyond software.
📰 Source: Crypto Briefing
#AI #Funding #MaterialsScience #CuspAI #Bezos
🤝 Andrew Cuomo joins OKX board, pushes 24/7 tokenized stock trading
Former New York Governor Andrew Cuomo has joined the board of crypto exchange OKX, formalizing his advisory role since 2023. The move signals OKX's continued push into traditional finance infrastructure as it expands in the US market.
Cuomo appeared on Fox Business to advocate for round-the-clock tokenized stock trading, arguing it could unlock fractional ownership and near-instant settlement. He co-chairs OKX's joint venture with Intercontinental Exchange (parent of NYSE), focused on tokenizing equities.
The board appointment underscores OKX's strategy of recruiting regulatory and traditional-finance talent. The exchange, which serves ~120 million customers globally, reentered the US market last year after years offshore. It secured a $25 billion valuation in March via strategic investment from ICE. …
Former New York Governor Andrew Cuomo has joined the board of crypto exchange OKX, formalizing his advisory role since 2023. The move signals OKX's continued push into traditional finance infrastructure as it expands in the US market.
Cuomo appeared on Fox Business to advocate for round-the-clock tokenized stock trading, arguing it could unlock fractional ownership and near-instant settlement. He co-chairs OKX's joint venture with Intercontinental Exchange (parent of NYSE), focused on tokenizing equities.
The board appointment underscores OKX's strategy of recruiting regulatory and traditional-finance talent. The exchange, which serves ~120 million customers globally, reentered the US market last year after years offshore. It secured a $25 billion valuation in March via strategic investment from ICE. …
🚀 Elon Musk: SpaceX engineering data to train Grok's next model
Elon Musk announced that SpaceX will contribute its engineering data to train Grok's next model, a 2-trillion-parameter system. The data will exclude material restricted under U.S. arms-export law (ITAR), keeping the project compliant while still feeding rocket and satellite knowledge into the AI.
The 2-trillion-parameter model nearly doubles the 1.5 trillion parameters powering Grok 4.5. Musk framed the move as a direct boost to Grok's engineering capabilities, leveraging SpaceX's data trove built during its rapid expansion as a public company, including its record IPO earlier this year.
Separately, xAI launched Grok for Excel, enabling users to build financial models, analyze market data, and generate charts with Grok 4.5. The expansion underscores xAI's strategy of layering new products onto the same foundation model that SpaceX's engineering data will soon help train.
📰 Source: BeInCrypto
#Grok #SpaceX #AI #ElonMusk #xAI
Elon Musk announced that SpaceX will contribute its engineering data to train Grok's next model, a 2-trillion-parameter system. The data will exclude material restricted under U.S. arms-export law (ITAR), keeping the project compliant while still feeding rocket and satellite knowledge into the AI.
The 2-trillion-parameter model nearly doubles the 1.5 trillion parameters powering Grok 4.5. Musk framed the move as a direct boost to Grok's engineering capabilities, leveraging SpaceX's data trove built during its rapid expansion as a public company, including its record IPO earlier this year.
Separately, xAI launched Grok for Excel, enabling users to build financial models, analyze market data, and generate charts with Grok 4.5. The expansion underscores xAI's strategy of layering new products onto the same foundation model that SpaceX's engineering data will soon help train.
📰 Source: BeInCrypto
#Grok #SpaceX #AI #ElonMusk #xAI
🏦 CoinShares launches UCITS platform for European institutions
CoinShares has entered Europe's $30 trillion UCITS ecosystem with a new platform launch. The move includes a Bitcoin Mining ETF designed to attract institutional investors across the continent.
UCITS (Undertakings for Collective Investment in Transferable Securities) regulation enables fund managers to distribute investment products across EU and EEA member states, significantly broadening CoinShares' reach into institutional capital.
At the time of announcement, BTC trades at $66,173 (+3.45% in 24h), with 24h volume at $30.4B.
📰 Source: The Block
#Bitcoin #CoinShares #UCITS #Crypto #Institutions
CoinShares has entered Europe's $30 trillion UCITS ecosystem with a new platform launch. The move includes a Bitcoin Mining ETF designed to attract institutional investors across the continent.
UCITS (Undertakings for Collective Investment in Transferable Securities) regulation enables fund managers to distribute investment products across EU and EEA member states, significantly broadening CoinShares' reach into institutional capital.
At the time of announcement, BTC trades at $66,173 (+3.45% in 24h), with 24h volume at $30.4B.
📰 Source: The Block
#Bitcoin #CoinShares #UCITS #Crypto #Institutions
💰 Strategy raises $263.5M, pauses Bitcoin buying for second week
Michael Saylor's Strategy has raised $263.5 million through a share sale but directed all proceeds to cash reserves rather than Bitcoin purchases. The move marks the second consecutive week without BTC acquisitions, leaving holdings flat at 843,775 BTC.
The company's dollar reserve climbed to $3.225 billion as of July 19, more than doubling since late June. Strategy adopted a new capital framework last month requiring at least 12 months of dividend coverage on preferred stock. The shift signals a departure from the aggressive Bitcoin-buying strategy that once defined the company.
Strategy remains the largest corporate Bitcoin holder but acquired its position at an average price of $75,476 per coin—significantly above current market levels. The company's stock has fallen over 40% this year.
💰 BTC $66,278 (+3.31% in 24h)
📰 Source: Unchained
#Bitcoin #BTC #Strategy #MichaelSaylor #Crypto
Michael Saylor's Strategy has raised $263.5 million through a share sale but directed all proceeds to cash reserves rather than Bitcoin purchases. The move marks the second consecutive week without BTC acquisitions, leaving holdings flat at 843,775 BTC.
The company's dollar reserve climbed to $3.225 billion as of July 19, more than doubling since late June. Strategy adopted a new capital framework last month requiring at least 12 months of dividend coverage on preferred stock. The shift signals a departure from the aggressive Bitcoin-buying strategy that once defined the company.
Strategy remains the largest corporate Bitcoin holder but acquired its position at an average price of $75,476 per coin—significantly above current market levels. The company's stock has fallen over 40% this year.
💰 BTC $66,278 (+3.31% in 24h)
📰 Source: Unchained
#Bitcoin #BTC #Strategy #MichaelSaylor #Crypto
🏆 HyroTrader wins Best Prop Trading Firm at CoinGape Web3 Awards
HyroTrader, a crypto proprietary trading firm based in Prague, has been named Best Prop Trading Firm at the CoinGape Web3 Innovation Awards 2026. The independent judging panel included representatives from Polygon Labs, Visa, Beldex, Shirplink, and Liminal Custody.
The award recognizes HyroTrader's direct exchange execution model, which routes trades to real exchange infrastructure via Bybit rather than relying on internal pricing systems—an approach the firm pioneered in 2023. Traders receive funded accounts of up to $200,000 for USDT perpetual contracts across 700+ cryptocurrencies and retain up to 90% of profits.
HyroTrader has funded over 1,700 traders and paid out more than $5 million since its 2022 launch. The firm now serves 35,000+ members. Simultaneously, HyroTrader unveiled Hyro Protocol, an on-chain prop trading protocol built on Solana that settles in USDC. …
HyroTrader, a crypto proprietary trading firm based in Prague, has been named Best Prop Trading Firm at the CoinGape Web3 Innovation Awards 2026. The independent judging panel included representatives from Polygon Labs, Visa, Beldex, Shirplink, and Liminal Custody.
The award recognizes HyroTrader's direct exchange execution model, which routes trades to real exchange infrastructure via Bybit rather than relying on internal pricing systems—an approach the firm pioneered in 2023. Traders receive funded accounts of up to $200,000 for USDT perpetual contracts across 700+ cryptocurrencies and retain up to 90% of profits.
HyroTrader has funded over 1,700 traders and paid out more than $5 million since its 2022 launch. The firm now serves 35,000+ members. Simultaneously, HyroTrader unveiled Hyro Protocol, an on-chain prop trading protocol built on Solana that settles in USDC. …