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SK Hynix announced at the FMS 2026 conference the joint release of the first High Bandwidth Flash (HBF) standard specification with Sandisk, just about 6 months after the establishment of their alliance in February this year. The standard is publicly available through OCP and covers key specifications such as capacity (up to 512GB), bandwidth (divided into three levels, with a maximum of approximately 3.0TB/s), and the use of the UCIe interconnect interface. Google and Tenstorrent have confirmed their participation in the HBF alliance.The HBF technology is positioned as a new storage tier between HBM and SSD, combining HBM-level high-speed transmission with NAND's large capacity expansion capabilities. SK Hynix publicly showcased the 10th generation (V10) 375-layer 4D NAND wafers and products for the first time during the exhibition, achieving a 2.5 times improvement in energy efficiency compared to the previous generation, with mass production expected early next year. During the conference presentation, SK Hynix executives proposed using a "Tiered Memory" architecture to address the data processing challenges of the AI inference era.

According to Bloomberg, digital asset broker FalconX has cut 10% of its global workforce to cope with a prolonged downturn in the crypto market. Sources say that about half of the employees in its Singapore office were laid off, including senior management as well as staff in sales and accounting positions.FalconX is adjusting its business strategy in Singapore, focusing on crypto derivatives trading that does not require relevant licenses, and plans to withdraw its license application submitted to the Monetary Authority of Singapore. The company stated that it will concentrate resources on priority businesses while continuing to maintain its operations in the Asia-Pacific region and expand its regulated business in Europe.FalconX currently has about 350 employees worldwide and has seven offices in locations such as Silicon Valley, New York, London, Singapore, and Hong Kong. Over the past 18 months, the company has acquired derivatives startup Arbelos Markets, crypto exchange-traded product issuer 21Shares, and blockchain trading and network technology company bloXroute.FalconX is the latest crypto company to lay off employees, following Crypto.com, Coinbase, and Gemini. Reports indicate that the industry is facing a prolonged bear market, cost pressures, and the impact of advancements in AI technology. Since its establishment in 2018, FalconX has facilitated approximately $2.5 trillion in trading volume and completed a $150 million Series D funding round in 2022 at a valuation of $8 billion.

According to market news, Dark Side of the Moon (Kimi) plans to submit its Hong Kong IPO application as early as this month, aiming to raise approximately $3 billion. As of the time of publication, Dark Side of the Moon has not publicly responded to or confirmed this matter.

According to The Block, the Hong Kong police stated that a local insurance practitioner fell victim to a fraudulent cryptocurrency investment romance scam, with total losses exceeding 26 million Hong Kong dollars, approximately 3.3 million US dollars.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 27, down 1 point from yesterday. The average over the past 7 days is 26, and the average over the past 30 days is 26.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 28, an increase of 2 points from yesterday. The average over the past 7 days is 27, and the average over the past 30 days is 25.

According to Livecoins, Brazilian police discovered a hidden illegal Bitcoin mining operation at a recycling station during a routine inspection targeting the theft and sale of scrap metal. Approximately 15 ASIC miners and 3 servers were seized on-site, with the total value of the equipment estimated to exceed 200,000 reais (about 39,400 USD).Bitcoin mining is not illegal in Brazil itself, but these devices were illegally tapping into electricity, with local power company Cemig estimating a monthly loss of about 60,000 reais (about 11,800 USD). A 37-year-old employee of the recycling station was unable to explain the source of the equipment and did not provide an invoice, leading to his arrest on charges of theft and trafficking. The police have also filed cases against a 31-year-old man and woman responsible for the business.The police stated that they are currently investigating the flow of the mined cryptocurrency.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 26, an increase of 2 points from yesterday. The average over the past 7 days is 27, and the average over the past 30 days is 25.

According to The Block, Strategy Executive Chairman Michael Saylor stated during the company's second-quarter earnings call that while the company has historically allocated "100% of its funds to Bitcoin," it may adopt a strategy of holding both cash and BTC in the future. He mentioned, "Perhaps the best way to buy the most Bitcoin is not to buy the most Bitcoin immediately."TD Cowen and Benchmark both maintained a buy rating on the stock following Strategy's second-quarter earnings call. Both institutions believe that the current management's core objective has shifted to bringing the price of its STRC preferred shares back to par value, thereby restoring its ability as a financing tool.TD Cowen analyst Lance Vitanza stated that the most important message from the call was management's high regard for STRC. Company executives repeatedly emphasized that returning STRC to par value is a core goal and mentioned that despite recent price deviations of the security, institutional adoption is still increasing.Benchmark analyst Mark Palmer shared a similar view. He pointed out that Saylor and his team spent most of the 90-minute call focused on the same goal: restoring STRC to the $99 to $100 range, making it a primary engine for the company to raise funds to purchase Bitcoin.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 24, down 3 points from yesterday. The average over the past 7 days is 27, and the average over the past 30 days is 25.

According to Jinshi reports, the head of application research at OpenAI stated that GPT-5.6 Luna should have more applications, considering the rapid progress of the model, its cost is ridiculously low, and its speed is also very fast.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 27, down 1 point from yesterday. The average over the past 7 days is 27, and the average over the past 30 days is 24.

The U.S. District Court for the Eastern District of Wisconsin dismissed the CFTC's request for a preliminary injunction to prohibit Wisconsin from enforcing sports-related event contracts on platforms such as Kalshi, Coinbase, Robinhood, Polymarket, and Crypto.com. The court found that the CFTC failed to demonstrate a likelihood of success on its claim—that the Commodity Exchange Act (CEA) defines "swaps" to include sports event contracts—and that gambling regulation falls within the traditional police powers of the states, with federal law not clearly indicating an intent to preempt state law.Additionally, the court also denied the intervention requests from Kalshi, Crypto.com Derivatives North America (CDNA), and the American Gaming Association (AGA). The substantive litigation between the CFTC and the state of Wisconsin will continue to proceed.

According to reporter Eleanor Terrett, Binance.US CEO Stevie Satoshi revealed at the RareEvo conference that the company plans to apply for Designated Contract Market (DCM) status with the Commodity Futures Trading Commission (CFTC) next month, aiming to provide users with prediction market services.

According to Cointelegraph, the Hungarian Parliament voted to abolish the previously mandated cryptocurrency asset verification requirements that were set to take effect on July 1, 2025. This requirement mandated that specific cryptocurrency conversions must be verified by a licensed third party regarding the source of assets, wallet ownership, and customer information before execution. Finance Minister Kármán András stated that the previously stringent regulatory requirements had led to several service providers exiting the Hungarian market, and the market is currently showing signs of recovery.Meanwhile, the Hungarian National Bank (MNB) officially granted the first local license under the EU MiCA framework to Budapest-based cryptocurrency platform CoinCash operator Tiwala Solutions on July 20, authorizing a range of services including custody, cryptocurrency exchange for fiat, cryptocurrency swaps, transfers, investment advice, and portfolio management.

According to Coinglass data, the cryptocurrency Fear and Greed Index is currently at 28, up 0 points from yesterday. The average over the past 7 days is 27, and the average over the past 30 days is 24.

According to Vietnamese media An Ninh Tien Te, the Ministry of Public Security of Vietnam proposed to expand the scope of electronic identification subjects in the draft of the "Electronic Identification and Authentication Law," incorporating data, applications, digital assets, and various other assets. The draft stipulates that electronic identification subjects include not only institutions, organizations, and individuals but also extend to physical entities such as products, goods, and equipment, as well as digital resources and digital assets like databases, documents, images, and videos. The identification of digital assets is executed in accordance with the provisions of the Digital Technology Industry Law.The draft also establishes mechanisms for the suspension, restoration, and cancellation of electronic identities and identification codes. The Ministry of Public Security stated that the current electronic identification primarily serves the digital construction of citizens and the government, but in the context of the rapid development of the digital economy and digital society, a unified identification mechanism needs to be established, covering various entities in both physical and digital environments.

Coursera (NYSE: COUR) announced a strategic equity investment of $100 million in LearnVector, an AI-native learning company newly founded by its co-founder Andrew Ng. This investment gives Coursera approximately one-third equity in LearnVector, corresponding to a company valuation of about $300 million.LearnVector was founded by Andrew Ng, who serves as CEO, and is positioned as an AI education startup aimed at white-collar workers. The core goal is to create a one-on-one personalized learning experience using agent AI, shifting from traditional "one-to-many" teaching to "one-to-one" exclusive tutoring. The AI agent will plan personalized paths for each learner, adapt to their learning styles, and provide continuous support until they truly master the skills. The first batch of courses is expected to launch in early 2027, and the transaction has been unanimously approved by Coursera's independent board special committee.

According to official news, Base Build announced the launch of Base Verify Onchain to address the issue of witch attacks in the blockchain ecosystem. This feature has been launched on the Base Sepolia test network, allowing developers to implement the "one real user, one claim" rule in smart contracts. Base Build stated that traditional airdrop mechanisms are easily manipulated by bulk wallets, and a large number of rewards are often obtained by professional airdrop farmers, while users who genuinely participate in product development can only receive limited benefits.Base Verify Onchain helps project teams identify multiple wallets controlled by the same user by generating a stable identity hash for each real user, without needing to obtain users' names, account information, or other private data. Users can complete verification through existing accounts such as Coinbase, Instagram, X, and TikTok. The system then returns a verified identity credential to the smart contract, which automatically enforces rules such as claim limits, voting restrictions, or quota controls. Currently, Base Verify has been used over 300,000 times and serves collaborative projects such as Base App, Cody, Scratch, and Bracket. Base Build stated that Verify Onchain will provide fairer airdrops, token distributions, governance voting, and user incentive mechanisms for decentralized applications. Developers can use this technology to limit the number of claims per real user, allocate rewards based on real identities, or convert real-world signals into on-chain credibility, thereby reducing the impact of bots and multi-wallet manipulation on the fairness of Web3 applications.

Rachel Busch has joined the stablecoin payment blockchain Tempo to lead communications. Previously, she served as Senior Manager of Corporate Communications at Circle, where she participated in telling the story of USDC and the internet financial system, and will continue to engage in the global stablecoin narrative.According to information from RootData, Tempo is a high-performance Layer 1 blockchain developed in collaboration between Stripe and Paradigm, aimed at payment scenarios, supporting mainstream stablecoins. It launched its mainnet in March 2026, having completed a $500 million Series A funding round in October 2025, with a valuation of $5 billion.