24/7 Blockchain industry dynamics and breaking crypto news
Dongxin Semiconductor plans to allocate 682 million yuan from its over-raised funds for a computing-in-memory chip R&D project in Shanghai. The 42-month initiative aims to develop advanced chips for AI applications, with additional funds available for future strategic moves.
Read MoreUS-listed cryptocurrency-related stocks opened strong with multiple companies posting significant gains. The rally reflects sustained institutional interest and optimism toward the digital asset ecosystem, with infrastructure and trading service providers leading the surge.
Read MoreUS major indices opened higher on August 21st, with the Dow Jones leading gains. Cryptocurrency-related stocks saw a significant rally, while a major chipmaker announced a massive share buyback plan, boosting its stock. A Chinese real estate platform also surged on strong quarterly transaction data.
Read MoreFASB proposes new accounting guidance to clarify whether stablecoins and certain digital assets qualify as cash equivalents under GAAP. The move aims to reduce inconsistent practices and enhance disclosure transparency. Stakeholders have until November 2026 to provide feedback.
Read MoreHYPE cryptocurrency surged past $77, hitting $77.05 with a 7.44% daily gain, setting a new all-time high. Market data indicates strong upward momentum, positioning it among top-performing digital assets recently.
Read MoreBounceBit will permanently deactivate its mainnet after an exploit and will reissue BB tokens on BNB Chain based on a pre-attack snapshot. Stolen tokens are excluded. Users need no action but should beware of scams.
Read MoreCryptocurrency exchange BitMart is exploring a potential restructuring plan as an alternative to full shutdown. The plan may involve a phased resumption of some services and creditor distributions under an orderly framework. The platform aims to provide further updates by September 2026.
Read MoreChangcun Holdings' prospectus reveals strong Q1 2026 results with revenue of 47.042B yuan and net profit of 33.379B yuan. Profitability has surged since turning profitable in 2024. Market data ranks it third globally and first in China for NAND flash sales and shipments.
Read MoreToday's market focus spans AI and crypto frontiers. Nvidia invests hundreds of millions in data center power, bolstering AI infrastructure. Vitalik details "local mixing" for enhanced privacy. CFTC's innovation advisory committee reveals strong crypto industry representation. Meanwhile, YMTC's IPO advances, Samsung issues a major dividend, and UBS raises its S&P 500 target.
Read MoreNvidia is in advanced talks to invest hundreds of millions in power infrastructure developer Cloverleaf Infrastructure. The move aims to secure future power capacity for AI data centers, strengthening Nvidia's strategic position in the early stages of compute infrastructure development.
Read MoreVitalik Buterin explores 'Local Mixing,' a novel cryptographic obfuscation technique. It aims to hide circuit logic efficiently, offering a potential path toward quantum-resistant encryption and foundational privacy tools. The approach is promising but remains in early-stage research, facing significant security validation challenges.
Read MoreYangtze Memory Technologies' IPO application has been formally accepted by the Sci-Tech Innovation Board, marking a significant milestone in the capital market journey of China's leading domestic memory chip manufacturer.
Read MoreOn-chain data reveals that the whale address labeled '7 Siblings' sold 18,500 ETH for approximately 43.58 million USDC on August 21, at an average price of $2,356. This substantial transaction has drawn market attention to potential capital flow shifts.
Read MoreBitcoin broke above $77,000, ending months of consolidation. The rally is driven by short squeezes, improved macro liquidity, and positive US regulatory signals. Weekly trading volume on a major platform surged 280%, indicating a major shift in market sentiment and capital flow.
Read MoreA Bank of America strategist warns that if the US Treasury's plan to control long-term bond yields fails, the dollar could weaken and trigger a wave of short-selling in risk assets like tech stocks and private credit ahead of the midterm elections.
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