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According to a report by The Information cited by Dongcha, two individuals with direct knowledge stated that the artificial intelligence company DeepSeek has an annual revenue of approximately $1 billion, up from less than $500 million a few months ago. The revenue primarily comes from model APIs, and the free chat application currently has no advertising or subscription revenue.The report indicated that part of the revenue growth is due to price increases, with some API prices raised by about 2.3 to 4.5 times. Liang Wenfeng recently told investors that the number of customers did not decline after the price increase, and demand remains strong. Previously disclosed financial data showed that the gross margin for the API business in the first seven months of this year was 82.9%.DeepSeek's second round of financing plans to raise approximately 50 billion yuan, with a valuation of about 500 billion. The company hopes to complete this by the end of October and is also preparing for an IPO on the Shanghai Stock Exchange's Sci-Tech Innovation Board. Liang Wenfeng stated that over 70% of the computing power is used for training new models, leaving less than 30% for inference; the company is trying to run more small models directly on gaming graphics cards, reserving high-end chips for training.

Binance will launch the bStocks tokenized securities trading pairs Salesforce (CRMB) and Hims & Hers Health (HIMSB) on September 9, 2026, at 20:00, and will enable spot algorithm trading bots and smart holding bot services. Users can exchange bStocks for BTC, USDT, or other tokens supported by the instant exchange platform without any fees within one hour after the launch. The CRMB/USDT and HIMSB/USDT trading pairs will enjoy zero maker fees, and the event will end on October 1, 2026, at 07:59.

According to ChianCatcher news, crypto KOL KUAI DONG tweeted that, after verification from multiple sources, Bitget will restart its CNY / RMB related C2C business that has been suspended for 3 years. The exchange has recently recruited many related professionals with high salaries in the talent market, and internally considers this business as one of the most important this year after its US stock business. The underlying reason is to facilitate the entire process for those seeking to invest in US stocks, from depositing funds, obtaining stablecoins to investing in US stocks.Earlier, Bitget's Chinese region head, Xie Jiayin, tweeted, "The most important thing of this year is about to come, perhaps you will look forward to it, and you won't have to trouble yourself anymore."

According to Binance spot market data, there has been significant volatility in the market. AXTIB has increased by 22.63% in 24 hours, and ARMB has increased by 18.73%, showing a rebound after hitting a low.At the same time, EPIC has shown a "high to low" state, with a decrease of 20.86% in 24 hours, and DYM has also shown a "high to low" state, with a decrease of 6.25%. Other tokens such as COTI, DEXE, BANK, FRAX, and ESP have also experienced varying degrees of fluctuations.

The Shanghai Branch of Industrial and Commercial Bank of China (ICBC) has collaborated with ICBC Singapore Branch to successfully implement the country's first cross-border payment business between China and Singapore based on the digital renminbi cross-border settlement comprehensive service platform "Digital Currency Express" (CBETS). This transaction, involving nearly ten million yuan in import shipping fees, was fully paid using digital renminbi, with funds arriving in the Singapore recipient's account on the same day, achieving "zero time difference" and "high transparency" in cross-border fund transfers. The service targets subsidiaries of central enterprise group trade platforms that regularly need to procure iron ore from abroad and pay for shipping fees, with high frequency and large amounts of cross-border settlements."Digital Currency Express" is a cross-border settlement infrastructure built by the International Operation Center of Digital Renminbi under the guidance of the People's Bank of China's Digital Currency Research Institute. Overseas participants can access services through the Hong Kong access point "One Point Access", compatible with both centralized and blockchain systems, and the message standards comply with ISO20022. On June 16, 2026, the first batch of 26 financial institutions signed direct participant service agreements. This business marks a significant breakthrough for ICBC in leveraging the infrastructure of the International Operation Center of Digital Renminbi to establish an integrated cross-border clearing system for domestic and foreign branches, achieving comprehensive coverage of two-way digital renminbi payment and receipt services with Singapore and Laos.

According to The Block, the on-chain infrastructure layer SwarmBase, aimed at autonomous AI agents, has announced the completion of a $7 million financing round. This round was co-invested by Castrum Capital, M2M Capital, Notch Ventures, and Becker Ventures. Among them, Castrum Capital contributed an additional $4 million investment.It is reported that SwarmBase is a full-stack on-chain infrastructure protocol for autonomous AI agents. The platform provides core foundational modules such as identity, reputation, coordination, and transactions, enabling AI agents to operate independently through audited smart contracts.The funds raised in this round will primarily be used for the development of the SwarmBase protocol and ecological expansion, as well as preparations for the upcoming Token TGE. Castrum Capital stated that SwarmBase is well-positioned to lead the next wave of AI agents.

According to Bloomberg, private market investment management giant Hamilton Lane is preparing its first RMB-denominated fund, aiming to raise approximately 1 billion to 1.5 billion RMB (about 150 million to 220 million USD), with plans to complete the fundraising by the end of this year. Sources reveal that the fund will target domestic investors in China.Hamilton Lane has previously raised USD funds through the Qualified Foreign Limited Partner (QFLP) mechanism and converted them into RMB to invest in domestic assets. Its direct equity strategy fund, Hamilton Lane Equity Opportunities Fund VI (EO VI), has completed fundraising of 3.8 billion USD.Hamilton Lane has already made inroads into the crypto space, having strategically invested in the on-chain investment platform Republic this March. Its tokenized credit fund is already hosted on-chain, and the senior credit opportunity securitization fund HLSCOPE has total assets of approximately 9 million USD on the Polygon network, primarily investing in senior secured private credit and senior secured loans in North America and Europe.

Tiger Brokers announced that on May 22, the Beijing Regulatory Bureau of the China Securities Regulatory Commission imposed administrative penalties on some of the company's subsidiaries and ordered the confiscation of illegal gains, totaling approximately 411 million RMB (about 59.7 million USD).The related penalties stem from some subsidiaries conducting unlicensed cross-border securities business within China, as well as illegal activities involving funds and futures business. The company sincerely accepts the penalties and has confirmed them as a significant matter following the first quarter. Considering the company's overall profitability and cash flow situation, this one-time expenditure will not have a significant adverse impact on the company's operational activities or long-term development.

Recently, it has been reported that SK Hynix's average bonus for employees in South Korea will reach 6.1 million RMB. This news comes from a prediction by the international investment bank Macquarie Securities.The investment bank believes that if SK Hynix's operating profit reaches 447 trillion won by 2027, based on 10% of the operating profit and a simple calculation of the total number of employees, which is about 35,000 at the end of last year, the total dividend scale will reach approximately 44.7 trillion won, with an average bonus of about 1.29 billion won per person, close to 6.1 million RMB.In response, SK Hynix stated that since this year's and next year's annual performance has not yet been determined, the scale of the bonuses cannot be predicted. The company also mentioned that it has established a new system at the headquarters level, which uses 10% of the operating profit as the source of funds to distribute performance bonuses once a year. "As competition in AI semiconductors intensifies, talent has become a core competitive factor. Therefore, the company is committed to attracting outstanding talent through competitive compensation to maintain long-term competitive advantages."

After previously announcing the completion of a $200 million Series B financing, Shenzhen Zhongqing Robot Technology Co., Ltd. has now completed a Series B+ financing, with the specific scale and investors yet to be disclosed.According to official sources, after the completion of the Series B financing, Zhongqing Robot's valuation exceeded 10 billion yuan, placing it in the top tier of valuations in the domestic humanoid robot sector. Recently, the foreign investor representative of Zhongqing Robot, REDA NIDHAKOU, has resigned from the board of directors of Zhongqing Robot.

According to Jinshi News, the offshore RMB against the US dollar has fallen below 6.92, with a daily decline of 0.3%.

According to Jinshi News, the onshore RMB against the US dollar has broken through the 6.89 mark, reaching a high not seen since early May 2023.

According to reports from the WeChat public account "Singapore All-in-One," a Chinese suspect involved in fraud through a cryptocurrency platform was recently arrested in Nakhon Pathom, Thailand. The suspect, nicknamed "Duan Zong," is related to the BHE Exchange cryptocurrency fraud case.BHE Exchange had issued a token called DDO, promising investors an annual return of 6% and a 20-fold increase within ten years, attracting around 20,000 investors. The platform suddenly shut down, and investors were unable to withdraw their funds, resulting in a loss of approximately $128 million (about 900 million RMB). The suspect fled China in 2024 and settled in Thailand, frequently changing residences to evade capture. Currently, the Thai authorities have revoked his residence permit and will deport him back to China for further investigation and prosecution.

According to Gate market data, the offshore RMB against the US dollar has broken through the 6.9 mark, reaching a new high since April 2023, with a peak of 6.8953, an intraday increase of about 100 points.

According to Jinshi News, the onshore RMB has risen above the 6.93 mark against the US dollar.

According to Jinshi reports, the offshore RMB against the US dollar broke the 6.96 mark on Monday.

The Vice President of the Beijing Academy of Social Sciences and Executive Director of the China Finance Society, Fan Wenzhong, wrote an article in the Hong Kong Wen Wei Po titled "Steadily Promoting the Coordinated Innovation of Digital Renminbi and Hong Kong Stablecoins," in which he pointed out: Currently, the cross-border use of digital renminbi mainly relies on the internal regulations and pilot policies of the People's Bank of China, lacking clear legal authorization. It is suggested to add provisions in the revision of the "People's Bank of China Law" to clarify the cross-border payment functions of digital renminbi and the legality of its interconnection with compliant overseas digital currency systems, while striving to clarify the "special regulatory requirements and preferential policies for stablecoin issuing institutions that exchange with the mainland central bank's digital currency" in the implementation rules of Hong Kong's "Stablecoin Ordinance," forming a synergistic institutional force.

According to the Hong Kong Wen Wei Po, Fan Wenzhong, Vice President of the Chinese Academy of Social Sciences in Beijing and Executive Director of the China Finance Society, wrote an article titled "Steadily Promoting the Coordinated Innovation of Digital Renminbi and Hong Kong Stablecoins," in which he pointed out: Central Bank Digital Currencies (CBDCs), represented by the digital renminbi (e-CNY), and new payment tools represented by compliant stablecoins from Hong Kong are reshaping the new paradigm of cross-border payments through different paths.Through the coordination of digital renminbi and Hong Kong stablecoins, the cross-border coverage of digital renminbi can be rapidly expanded, enhancing the stickiness of the renminbi in real trade and promoting the internationalization of the renminbi; strengthening Hong Kong's status as an international financial center and creating the world's first "CBDC + compliant stablecoin" integration hub. The cross-border payment solution for the dual currency does not pursue complete unification of the underlying ledgers of digital renminbi and stablecoins, but instead achieves secure exchange and circulation of both at the value level by establishing regulated and standardized interaction interfaces.