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AMD has entered a strategic infrastructure partnership with Core Scientific, securing access to over 500 MW of U.S. computing capacity, scalable to 2.5 GW. The deal includes market-priced warrants for Core Scientific stock, strengthening AMD's position in high-performance computing infrastructure.
Read MoreSaudi Aramco has shut down its 400,000 barrels-per-day Jazan refinery following an attack, according to IIR. The company aims to complete repairs and restart operations by August 15th, a move that could impact regional supply and global oil markets.
Read MoreThe US Dollar Index (DXY) surged to a one-month high of 101.640, driven by heightened risk aversion, shifting Fed policy expectations, and relative weakness in major counterpart currencies. This breakout suggests strengthening near-term momentum for the dollar.
Read MoreThe attacker behind the Across Protocol exploit has returned 331.8 ETH, worth approximately $623,900, to the protocol's multi-signature address. This partial refund follows a prior attack on Solana that resulted in roughly $3.6 million in losses. The move highlights potential pressure or negotiation in such security incidents.
Read MoreKenya has cut the minimum paid-up capital for stablecoin issuers by 40% to $2.32 million, aiming to attract global players. However, strict rules on 1:1 reserves and client fund segregation remain, signaling a balanced approach to fostering innovation while ensuring financial stability.
Read MoreMSCI announced that ChangXin Technology will be added to its China All Shares Index, effective after market close on August 10. This inclusion is a major milestone, expected to enhance the company's global visibility and market liquidity significantly.
Read MoreMorgan Stanley's latest report suggests the recent AI sector sell-off is driven by technical factors and profit-taking, not deteriorating fundamentals. The firm believes the AI supply chain still offers attractive risk/reward, forecasting computing demand will outstrip supply in coming years, with optimism for AI capabilities, applications, and long-term capex growth.
Read MoreMeta and BlackRock have partnered to develop a massive $14 billion data center campus in El Paso, Texas. A BlackRock-managed fund will hold an 80% stake, while Meta retains 20% equity and contributes land assets, signaling deep capital involvement in critical digital infrastructure.
Read MoreOn-chain data reveals market maker Cumberland transferred approximately $6.65 million in crypto assets to exchanges on July 28th. The move was dominated by HYPE tokens worth about $5.95 million sent to Bybit, alongside 700,000 USDT moved to Binance, sparking market attention.
Read MoreRWA emerged as the top-performing crypto narrative in July, with its total on-chain value hitting a record $32.2 billion and median token returns reaching 10%, outperforming all other major sectors.
Read MoreA tech expert argues Bitcoin's infrastructure laid the groundwork for AI computing. While AI training is dominated by giants, the inference market offers massive opportunities. By 2040, inference computing could reach $80 trillion annually, creating openings for Bitcoin miners to transition into this competitive chip sector.
Read MoreZhiyuan's self-developed multimodal AI model, WITA-Omni Preview, has topped the authoritative DailyOmni benchmark with a score of 85.21. It excelled in six out of eight sub-metrics, demonstrating leading capabilities in joint audio-visual understanding and temporal reasoning for dynamic scene analysis.
Read MoreDr. Yang Zuoxing, founder of a major mining hardware firm, declares Bitcoin mining's high-profit era over, with margins plummeting from 80% to 20-30%. Facing fierce competition from AI for resources, he outlines three potential new paths for the industry's survival.
Read MoreOn July 28, South Korean exchange Upbit designated STORJ (Storage) as an investment caution asset and suspended deposit services for its KRW and BTC trading pairs. This move indicates heightened risk assessment, urging investors to monitor updates closely.
Read MoreNetanyahu's White House visit is expected to renew pressure on Iran. However, analysts suggest Trump is unlikely to endorse regime-change policies due to domestic political constraints and differing threat assessments. The meeting's outcome, and whether it will again trigger heightened tensions, remains uncertain.
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