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Sources confirm to Saudi media Alhadath that a 60-day interim deal between Iran and the US has been approved for extension. The news instantly rocked global markets, with oil prices dropping over $1 and US stock futures rising, highlighting the direct impact of geopolitics on finance.
Read MoreFormer DeepMind scientist Cao Yuan states AI for Science is booming, but AI independently achieving Nobel-level discoveries will take 20-30 years. Key hurdles are costly, slow real-world experimental validation and AI's current inability to "create new concepts," seen as AGI's "final mile."
Read MoreAlibaba has launched the "Happy Shrimp 1.0" AI music generation model. It interprets natural language inputs like emotions or stories to create structured songs, making music production accessible to everyone. The web-based tool is now available with free credits for new users.
Read MoreChinese robotics startup Robotera is preparing for a Hong Kong IPO, aiming to raise $800 million to $1 billion. The company has engaged advisors and counts HSG and CDH Investments among its backers. The move comes as robotics firms increasingly turn to Hong Kong for public listings.
Read MoreBinance will delist 11 USDC-denominated margin trading pairs on August 21, affecting coins like AUCTION and BEAMX. Lending for isolated margin pairs stops on August 18, with automatic settlement and order cancellations to follow. Users should manage positions accordingly.
Read MoreHarmony Protocol announced a rollback plan to address a massive token minting exploit involving over 2.3 trillion ONE. The blockchain will revert to a checkpoint from August 11, discarding subsequent blocks. The team deemed a fixed rollback the safest option after evaluating alternatives.
Read MoreDespite recent U.S. pressure discouraging Apple from purchasing Chinese memory chips, CXMT's stock price and market activity have surged. Its price hit a record high on Hyperliquid, with open interest value skyrocketing 55.7% in 24 hours, signaling strong market confidence and complex capital flows.
Read MoreAt its AI Ecosystem Partner Conference, Alipay unveiled China's first full-stack intelligent agent commercial base and the cross-device AHA protocol. This initiative brings together over 20 industry leaders, including Huawei, BYD, and OPPO, to build an open, interconnected agent ecosystem, marking a pivotal shift from standalone to collaborative AI in commercial applications.
Read MoreSenior U.S. Advisor Jared Kushner is engaged in intensive Middle East diplomacy, meeting with Hamas representatives and Israeli Prime Minister Netanyahu. The aim is to revive the stalled Gaza peace plan from the Trump era, marking a critical attempt to break the long-standing deadlock.
Read MoreA Bitcoin whale holding a $125 million short position triggered its fourth stop-loss, losing over $9,000. Since opening the position in early August, cumulative realized losses approach $990,000, with $108 million still exposed. This analysis explores the market context and trading risks.
Read MoreOpenAI Codex lead Tibo Sottiaux confirmed future integration with Astra, the next major AI model. Astra shows advanced programming skills, particularly in agent coding and cybersecurity, with capabilities so significant that some internal activities were paused for safety reassessment. Release details remain undisclosed.
Read MoreJPMorgan Chase significantly increased its holdings in Zhongji Innolight and Luxshare Precision H-shares on August 12, raising stakes to 16.14% and 8.36% respectively. This move highlights the bank's continued confidence in core Chinese tech manufacturing assets.
Read MoreThe Hyperliquid ecosystem hits a major milestone with its HIP-3 market open interest reaching a record $4.3 billion. The team is expanding the HIP-1 specification and adding HIP-4 features based on community feedback. Hyper Foundation opens its non-validator nodes to infrastructure providers, while Buoy Finance deploys a custom vault system via HyperEVM for HyperCore trading.
Read MoreSK Hynix now offers purchase-price refunds for faulty SSDs when replacements are out of stock. With SSD prices significantly higher than past lows, refunds may not cover buying a new equivalent drive. Warranty terms permit this, leaving consumers facing a cost gap.
Read MoreCaixin reports that Unitree Tech's IPO allotment rights are being traded privately on secondary platforms before its official listing. Some intermediaries offer up to 520 yuan per share, triple the IPO price. This 'dark pool' trading, based on informal agreements, lacks legal protection, posing significant risks to investors.
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