24/7 Blockchain industry dynamics and breaking crypto news
Anthropic confirms it is forming an internal chip team for Claude, aiming to reduce reliance on external suppliers like NVIDIA. This strategic move seeks to optimize computing costs and performance, highlighting a growing trend of AI companies developing proprietary hardware for competitive advantage.
Read MoreA major Bitcoin custody provider has joined a U.S. investment initiative, pledging annual $250 contributions to education savings accounts for eligible children of American employees. Newborns after 2025 will receive an additional $1,000 one-time match to support long-term family financial planning.
Read MoreThe U.S. Treasury Department announced it will maintain current bond auction sizes for at least the next several quarters. This decision provides clarity on debt supply, aiming to stabilize market expectations. Analysts are assessing its impact on long-term yields and liquidity conditions amid evolving fiscal and monetary policy landscapes.
Read MoreThe U.S. Treasury's quarterly refinancing operation totals $125 billion, meeting market expectations. Auctions for 3-year, 10-year, and 30-year Treasuries are scheduled from August 11-13, providing key liquidity signals to financial markets.
Read MoreBitMEX co-founder Arthur Hayes has aggressively accumulated ENA tokens over four days, purchasing 11.74 million ENA worth $1.02 million at an average price of $0.087. His latest buy of 2.69 million ENA ($246k) occurred two hours ago, signaling strong conviction in the asset's future.
Read MoreApple's attempt to negotiate lower DRAM prices with CXMT was reportedly rejected. CXMT insisted its quotes match or exceed Samsung and SK Hynix, as its production capacity is already secured by long-term contracts with Chinese brands like Huawei and Xiaomi. This shift undermines a traditional bargaining tactic for major tech firms.
Read MoreThe US ADP employment report for July showed a sharp slowdown, with only 44,000 private-sector jobs added, far below expectations of 70,000 and the previous 98,000. This unexpected weakness raises concerns about labor market momentum and potential Federal Reserve policy implications.
Read MoreS&P Global Ratings awarded BlackRock's new tokenized money market fund its highest principal stability rating, AAA-m. The fund targets stablecoin reserve compliance, holding cash, short-term Treasuries, and repos. S&P also released stability assessments for major stablecoins, showing varying asset-backing strengths.
Read MoreGoldman Sachs significantly increased its long position in Zhongji Innolight's H shares on July 30, doubling its stake from 5.95% to 11.90%, according to HKEX filings. This major move signals strong institutional confidence in the leading AI optical module company.
Read MoreBinance-linked entities have sued RedotPay founders in Hong Kong, alleging they diverted over 470,000 users from Binance Card, seeking $4.728B in damages. A separate case was filed in Singapore. RedotPay had previously sought an IPO at a $40B valuation.
Read MoreAfter being added to China's sanctions list, Applied DNA Sciences rebranded as BNB Plus in late 2025, pivoting to BNB digital asset treasury management. Its stock price has plunged over 90%, and it faces Nasdaq delisting due to sub-$1 trading, now moving to the OTCQB market amidst significant challenges.
Read MoreDuan Yongping's reduced stake in Pop Mart triggered market speculation. The company clarified it resulted from option contract execution, not active selling. Analysts attribute it to Duan's signature "option rental" strategy—a passive adjustment within a narrow price range, reflecting short-term trading tactics.
Read MoreGalaxy Digital reported an $85M net loss for Q2, with adjusted EBITDA at -$77M. The firm holds a robust $2.46B in cash and stablecoins. A key growth driver is its data center business, with the Texas Helios Phase I delivering 133MW and projected to generate ~$80M in quarterly rent from Q3, boasting over 90% project-level EBITDA margins, while expanding its AI/HPC pipeline.
Read MoreShopify's stock skyrocketed 34% following its Q2 earnings release, which shattered revenue forecasts. The surge signals a potential turnaround for the e-commerce platform, injecting optimism into the tech sector and highlighting renewed growth for online retail infrastructure providers.
Read MoreOn August 5th, a massive transfer of 500 million USDT from Tether's treasury to a leading global cryptocurrency exchange was recorded on the Tron blockchain. Such large-scale stablecoin movements are often viewed as precursors to shifts in market liquidity, potentially indicating increased trading activity ahead.
Read More