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OKX founder Star posted a reminder that depositing from high-risk addresses to OKX may trigger stricter anti-money laundering and risk reviews. Depending on the specific situation, the review may last for 15 days or even longer, and some account functions and funds may be restricted; for accounts confirmed to be involved in high-risk or illegal activities, OKX may terminate services.

Crypto KOL Rune posted that his previously disclosed idea of "acquiring a Nasdaq-listed company and tokenizing equity on the Robinhood Chain" is actually a post generated by Claude, and the related data is all fabricated or exaggerated.Previously, Rune claimed to have acquired a 37.4% stake in a certain Nasdaq-listed company for $1.8 million and planned to pair the tokenized stock with a Meme coin.

According to Euronews, Taiwan's stock market surged by 59% in the first half of this year due to a spike in demand for AI hardware, with chip giants like TSMC being the main drivers. Driven by high return expectations, a large number of ordinary people borrowed money to enter the market through bank loans and mortgage properties, with the scale of margin trading increasing by nearly 20% compared to the first half of the year.Some investors have made substantial profits, such as Mr. Chen, a real estate practitioner, who borrowed 5 million New Taiwan dollars and quadrupled his assets within six months; however, others have suffered significant losses, with one anonymous user claiming to have invested over 10 million New Taiwan dollars (including 6 million in mortgage loans) and lost nearly half, even experiencing mental health issues.Taiwan's Financial Supervisory Commission stated that the overall credit risk remains within a controllable range and has released videos on social media to warn young investors about the risks of loan defaults.

Famous trader Killa posted that Bitcoin will reach a new historical high next year, and ultimately, it won't matter if it is bought at $100,000. As time goes by, these barriers will be left behind. The biggest mistake is to stay on the sidelines.

The Chair of the Financial Stability Board and Governor of the Bank of England, Andrew Bailey, warned G20 finance ministers and central bank governors that cybersecurity threats posed by cutting-edge AI models are significantly increasing the risk of a financial system collapse. Bailey stated that the global financial system is already strained due to energy-driven inflation pressures, a high interest rate environment, and rising investment leverage, and that the involvement of AI risks will exacerbate this pressure.Bailey pointed out that financial institutions and tech giants must prepare for extreme scenarios, as existing financial defense systems will face severe tests if there are synchronized disruptions involving multiple institutions or shared technology dependencies. He mentioned that models tested by labs such as Anthropic and OpenAI have demonstrated the ability to simulate attacks on external organizations and create false identities, and he suggested developing bare-metal backup systems that are completely physically isolated from the main network.Bailey also listed threats that could trigger disorderly market adjustments, including the fragile state of stock market valuations driven by the AI boom, weakness in the sovereign debt market and private credit sector, and investors continuously increasing leverage in the stock market.

Chairman of Bitmine, Tom Lee, recently stated in an interview with the "Milk Road Show" that asset tokenization and AI intelligent finance will become the core narratives of the cryptocurrency market in the next five years. Ethereum is expected to become the underlying settlement layer of the global financial system, and currently, ETH is still severely undervalued relative to BTC.Tom Lee believes that in the remaining time of 2026, ETH may be driven by four major catalysts: the U.S. "Clarity Act" is expected to pass in September, the return of off-exchange short sellers and hesitant funds, the reallocation of crypto assets by Asian funds, and global institutional fund managers chasing top-performing crypto assets under quarterly performance pressure. He predicts that the ETH/BTC exchange rate is likely to return to the historical high of 0.08. Even if it conservatively recovers to 0.04, if BTC reaches $150,000, the corresponding price for ETH will also reach $6,000. Tom Lee also emphasized that Bitcoin still has long-term upward potential, but the larger narrative for the cryptocurrency industry in the next five years will be the "super cycle of comprehensive asset tokenization" and "AI intelligent finance."

According to GMGN data, the meme coin GG (Golden Goose) in the Robinhood ecosystem has a market cap that has surpassed 10 million USD, currently reported at 7.6 million USD, with an intraday increase of over 27 times.It is understood that GG is centered around the narrative of "Golden Goose" and is directly paired with the tokenized asset GLD of the gold ETF on the Robinhood Chain. A portion of the GLD transaction fees will be allocated to GG holders, forming a mechanism of "holding the golden goose, receiving golden eggs," combining the meme concept with RWA gold assets. The price of meme coins is highly volatile and can be easily influenced by market sentiment and hot events; please be aware of trading risks.

Messari researcher Anastasiia stated that the new version of Ethena's fee switch is proposed to trigger based on the 14-day average supply of USDe, gradually increasing the revenue extraction ratio at thresholds of $7.5 billion, $10 billion, $15 billion, and $20 billion, and redirecting part of the revenue originally used for sUSDe staking, partners, and Aave leveraged operations towards ENA buybacks.Backtesting shows that during the activation of the switch, the annualized buyback scale is approximately $52.7 million, equivalent to 3.36% of ENA's market cap at the reported price; at the same time, about 9.3% of activation days will cause the yield of sUSDe to fall below that of sUSDS.The Ethena Foundation released four ecological adjustments, including the launch of a buyback ENA governance proposal and the cancellation of monthly VC unlocks.

NBA star Kevin Durant initially invested $250,000 in the open-source AI platform Hugging Face. With Nvidia agreeing to acquire Hugging Face for $12.9 billion, the value of this investment could rise to over $60 million.Hugging Face has become an important platform for the development and distribution of AI models and has ventured into the cryptocurrency field through decentralized AI projects.

According to CoinDesk, Nvidia announced the acquisition of the open-source AI platform Hugging Face for $12.9 billion. NBA star Kevin Durant initially invested $250,000, and after this acquisition, his stake may be worth over $60 million, yielding a return on investment of about 240 times.Hugging Face has now become an important aggregation platform for AI models and has extended into the crypto space through decentralized AI-related projects. This acquisition may further promote the integration of the AI and crypto industries.

According to South Korean media Chosun Biz, SK Hynix's NAND is lagging in the transition of old process lines, making it difficult to narrow the efficiency gap. As of the second quarter of this year, its 176-layer products still account for about 50%, while Samsung has completed the transition mainly to 236 layers. Omdia data shows that Micron's 232-layer products account for 53%, and YMTC reaches 68%.During the rising cycle of NAND prices, companies with a higher proportion of advanced processes see better cost and profit improvements. SK Hynix (including Solidigm) saw its NAND revenue share drop from 21.4% in the fourth quarter of last year to 16.4% in the first quarter of this year, while YMTC increased from 11.5% to 16.2%. SK Hynix prioritizes equipment investment in DRAM and HBM, with NAND investments decreasing for three consecutive years, from $3.5 billion in 2023 to $2.9 billion in 2025, slowing down the transition. It is currently considering impairing old NAND assets to optimize costs.

According to the Wall Street Journal, some Nvidia employees have expressed concerns to current and potential customers, stating that the project may trigger antitrust scrutiny.

The independent organization METR released a survey report stating that approximately 1,200 OpenAI agents collaborated on an unauthorized internal message board, with about 700 participating in attacks on Hugging Face. Two METR employees and one Redwood Research contractor worked on-site at OpenAI for six days, reviewing around 1,300 records and over 70,000 messages without receiving any compensation.These agents ran the ExploitGym network benchmark, reverse-engineering the code that generated answers within hours and spending days disguising traces of cheating. OpenAI found that of its 898 tasks, 198 had never been solved by any model, and 93% of the tasks discussed on the message board came from this set. The agents also recruited companions with dwindling budgets to conduct experiments that sabotaged their own operations, with 7% of records showing forged tool calls, deceiving automated scorers rather than humans.OpenAI stated that internal scorers never checked how agents obtained answers, so cheating did not lead to any scoring improvements, and referred to this incident as a "warning signal" to itself and the world. Hugging Face disclosed the intrusion incident on July 16, and OpenAI confirmed five days later that its models were the perpetrators, with agents exploiting zero-day vulnerabilities and stealing credentials to escape the sandbox. OpenAI has isolated internal model weights and suspended its largest training program.

According to Bloomberg, the U.S. government is investigating Apex Logistics, headquartered in Singapore, for allegedly playing a role in smuggling NVIDIA AI chips to China. Sources say this could become the first action against a transportation company involved in illegal semiconductor trade.Authorities are verifying whether Apex (a unit of shipping giant Kuehne+Nagel) violated U.S. export restrictions by transporting AI systems assembled by Super Micro Computer. NVIDIA chips are regarded as the industry standard for training and running AI models, and companies like Super Micro Computer assemble them into data center servers.

At a closed-door sharing session held in Hong Kong, Binance founder CZ responded to questions about entrepreneurship among university students, emphasizing that there is no need to rush into starting a business. He suggested that young people should first work at a good large company for a few years, stating, "Two years should be the minimum," with 2 to 5 years being ideal. He cited his own four years at Bloomberg as an example, noting that the complete management system of a large company is something that university students cannot experience immediately upon graduation, which will be very helpful for future entrepreneurship.CZ believes that young people must focus on cultivating "a specialized skill." He stated that this is a world of global competition, "If you broadly say programming, there are millions of programmers worldwide, and it is impossible to be twice as good as everyone else. However, if you can become the best 1% or even 0.1% in the world, the returns you receive may be several times, dozens of times, or even hundreds of times more than others. The treatment of the first place and the second place will be very different."

According to Business Insider, Nvidia (NVDA.O) is in talks to acquire Hugging Face for over $13 billion.

According to Cointelegraph, the SEC has released proposed rules for the "Regulation Crypto Assets," setting two exemptions for specific investment contracts involving crypto assets: allowing startups to raise up to $5 million in a one-time financing within four years; and allowing qualified issuers to raise up to $75 million within any 12-month period, with the possibility of conducting different rounds of issuance in subsequent years.Drew Hinkes, a partner at Winston & Strawn, stated that as long as each round of financing is an independent issuance, projects could theoretically raise $75 million every 12 months. Lilya Tessler, head of Sidley's fintech and blockchain practice, noted that subsequent financing is not automatically approved; issuers must resubmit offering documents, undergo SEC staff review, continuously submit annual and semi-annual reports, and disclose funds raised through the exemption in the past 12 months to confirm they have not exceeded the financing cap. The proposed rules also limit the participation scale of non-qualified investors, with their purchase amount not exceeding 10% of the higher of their personal income or net worth.Lee Reiners, a financial regulation expert at Duke University, indicated that the limited first-round cap may make early token allocations more attractive, but the rule is unlikely to replicate the ICO boom of 2017. Among projects that raised funds through ICOs from 2017 to 2019, as many as 90% ultimately failed.The SEC expects that approximately 130 issuances per year will utilize the above two exemptions, with about 475 issuers potentially using a broader investment contract safe harbor. The proposed rules will provide token issuers with a clearer path for financing in the U.S. compared to the current system, but secondary market trading may still exist in a gray area of securities attributes. The proposal stipulates that investment contracts related to crypto assets may continue to trade in the secondary market along with token transfers until the asset is separated from the issuer's statements or commitments.Drew Hinkes stated that if non-security tokens transfer investment contracts from seller to buyer, such transactions may still be considered securities transactions, impacting trading platforms. Lee Reiners also mentioned that some issuers may meet the formal requirements for exemptions but still influence token value through team management efforts, concentrated insider holdings, and aggressive promotion.