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The Shanghai Stock Exchange has changed the IPO review status of Yangtze Memory Technologies Co., Ltd. to accepted for its initial public offering and listing on the Sci-Tech Innovation Board, with a proposed financing amount of 33 billion yuan. The sponsoring institutions are CITIC Securities and CITIC Construction Investment.The prospectus of Yangtze Memory shows that after turning a profit in 2024, the profit level will rise rapidly, with operating revenue of 47.042 billion yuan and net profit attributable to the parent company of 33.379 billion yuan achieved from January to March 2026. According to TrendForce data, from January to March 2026, the company ranked third globally and first in China among global NAND Flash manufacturers by both sales revenue and shipment volume.

According to the latest stock derivatives exchange ranking released by RootData, the Top 5 exchanges saw a decline in 24h trading volume across the board.Among them, Binance had a 24h trading volume of approximately $21.033 billion, down 31.04%; Hyperliquid had a 24h trading volume of approximately $3.681 billion, down 31.01%; Gate had a 24h trading volume of approximately $2.805 billion, down 43.16%; OKX had a 24h trading volume of approximately $4.7 billion, down 41.39%; and Bitget had a 24h trading volume of approximately $2.2 billion, down 26.92%.At the same time, the positions in the crypto native contract market have significantly increased. According to Coinglass data, the total open interest for Bitcoin contracts is approximately 734,900 BTC (about $54.967 billion), with a 24h increase of 5.65%; the total open interest for Ethereum contracts is approximately 13,140,700 ETH (about $30.917 billion), with a 24h increase of 5.17%.

According to Digital Asset, on August 20, members of the Korean National Power Party, including Yoon Tae-yong, proposed an amendment to the Specific Financial Information Act, which aims to grant the Financial Intelligence Unit (FIU) direct enforcement authority over unreported virtual asset service providers.According to the amendment, anyone can report illegal activities to the FIU. Upon receiving a report or discovering suspected violations, the FIU can initiate investigations and analyses, and refer the case to or notify investigative authorities. The proposal points out that while current laws impose reporting and anti-money laundering obligations on virtual asset service providers, there are no direct enforcement measures against unreported operators, posing risks of money laundering and illegal cross-border transfers, making it difficult to respond quickly relying solely on inter-agency coordination.

Gate announces the official launch of its Japanese stock trading service, initially covering about 300 stocks listed on the Tokyo Stock Exchange (TSE), including popular targets such as Toyota Motor, Sony Group, SoftBank Group, Mitsubishi UFJ Financial Group, Nintendo, and Tokyo Electron. Users do not need to open a separate traditional Japanese brokerage account or exchange for yen; they can directly participate in Japanese stock trading on the Gate platform using USDT. Currently, Japanese stock trading has been launched on the Gate Web platform, with the App version set to go live soon.In terms of trading functionality, Japanese stocks share the same stock account and related trading capabilities with Gate's US, Hong Kong, and South Korean stocks, supporting features such as market viewing, buying, selling, position management, and transaction record inquiries. Japanese stocks support trading during Japanese time from 09:00 to 11:30 and 12:30 to 15:25, corresponding to UTC+8 time from 08:00 to 10:30 and 11:30 to 14:25.The launch of Japanese stocks further enriches Gate's global multi-asset trading scenario. Currently, the platform supports over 10,000 US stocks and ETFs, more than 1,500 Hong Kong stocks, over 1,000 South Korean stocks, and about 300 Japanese stocks, providing a total of over 12,800 stock and ETF trading options. In the future, Gate will continue to expand into global core markets and quality assets, promoting the integration of traditional finance and digital assets, and providing users with a more diverse one-stop asset allocation choice.

Binance founder Zhao Changpeng called for "tokenizing everything," stating that tokenization is one of the best ways for countries to raise funds or attract foreign direct investment. He asked, "Which country or company wouldn't want to sell its tokenized stock globally?" He supports tokenization across all blockchains, acknowledging that it may lead to liquidity fragmentation issues, but believes this is the fastest way for the industry to develop. If high interchangeability can be achieved among different issuers, the fragmentation issue can be resolved to some extent.Zhao Changpeng also shared data related to BNB Chain, showing that the number of RWA holders on BNB Chain has reached 776,000, an increase of approximately 370% in 30 days.

According to Bloomberg, the Intercontinental Exchange (ICE) stated that it will consider participating in the new round of financing for the prediction market platform Polymarket. ICE is the parent company of the New York Stock Exchange (NYSE) and has previously invested over $1.6 billion in Polymarket.ICE CEO Jeff Sprecher, in an interview with Bloomberg Television, stated that if the company’s participation could help complete Polymarket's current round of financing, it would remain open to that possibility, adding that its investment endorsement could provide support for the financing.Analysts believe that ICE's previous large-scale investment in Polymarket is seen as an important attempt by traditional exchanges to lay out new market infrastructure. If it continues to participate in the financing, it may further strengthen the connection between prediction markets and the mainstream financial system.

On August 19, the Hong Kong Stock Exchange released its mid-year results for 2026. In the first half of 2026, revenue and other income reached HKD 16.702 billion, a year-on-year increase of 19%; profit attributable to shareholders was HKD 10.568 billion, a year-on-year increase of 24%, both figures setting new records. Boosted by the performance, the stock price of the Hong Kong Stock Exchange closed at HKD 414.6, up 2.37%. The performance was driven by strong corporate financing demand and an increase in trading volumes of spot, derivatives, and the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. In the first half of the year, 87 new stocks were listed, raising a total of HKD 212.4 billion, a year-on-year increase of 94%.The average daily trading amount in the spot market increased by 18% year-on-year to HKD 283 billion, setting a new high for the same period; the average daily trading contracts in derivatives increased by 6% to 1.8 million contracts; the average daily trading volume of the Shanghai Stock Connect and Shenzhen Stock Connect reached RMB 345.3 billion, more than double that of the same period last year. Goldman Sachs and JPMorgan Chase maintained "Buy" and "Overweight" ratings, respectively. Before the performance announcement, the Hong Kong Stock Exchange announced the renewal of CEO Charles Li's contract for three years, with the new term starting from March 1, 2027, to February 28, 2030, which has been approved by the Hong Kong Securities and Futures Commission.During the period, the Hong Kong Stock Exchange promoted consultations to shorten the stock settlement cycle, simplify the trading unit for each transaction, and introduced the first ETF tracking the "Hong Kong Stock Exchange Technology 100 Index," announcing the launch of Chinese government bond futures. In response to the extension of trading hours, Charles Li stated that the derivatives market operates until 3 a.m. the next day and will prioritize connecting with the North American market, while the spot market requires more detailed communication.

According to Digital Asset, the South Korean government stated that digital assets held by residents through personal wallets or overseas exchanges, as long as they generate income from transfers or lending, are generally subject to taxation.The digital asset tax will be implemented starting January 1, 2027, taxed as other income, with a deduction of 2.5 million won and a tax rate of 20%, including local taxes up to a maximum of 22%.

At the 2026 Wyoming Blockchain Conference, Global Settlement Network CEO Ryan Kirkley warned that AI agents could allow hackers to invade Wi-Fi networks, passwords, and wallets on an unprecedented scale, making current billion-dollar crypto attacks seem trivial. Kirkley stated, "We thought these bridge attacks were serious, but they are actually just pocket change." In the past, attacking someone with $20,000 in assets was too costly, but now an agent can attack everyone simultaneously.Bill Laboon, Vice President of Technical Operations at the Web3 Foundation, agreed, believing that the efficiency gains brought by decentralized systems also benefit attackers. Fahmi Syed, President of the Midnight Foundation, emphasized that agents need clear parameter settings and should not be granted unrestricted access to credit card, social security information, and various accounts. Kirkley believes that setting agent permissions is relatively easy to resolve, while the security protection of the underlying systems is a greater concern.Regarding trust issues, Laboon pointed out that large language models still occasionally produce hallucinations, which makes him reluctant to entrust personal retirement funds to agents. Richard Shorten, founder of Silvermine Capital Advisors, believes that the development speed of agent AI technology has exceeded people's capacity to accept it. Kirkley also mentioned the regulatory responsibility dilemma, where the attribution of responsibility and the mechanism for recovering funds remain unclear when autonomous agents make mistakes or even break the law.

According to the latest ranking of stock derivatives exchanges released by RootData, among the top twenty exchanges, the only one with a decline in trading volume over the past 24 hours is MEXC, with a drop of 45.29%.

According to the latest stock derivatives exchange ranking released by RootData, the one with the highest spread in the Top 10 is SuperEx, with a spread of 0.092%. Among the top three exchanges in the overall ranking, Binance has a spread of 0.011%, Gate has 0.005%, and OKX has 0.007%.It is reported that this spread is the weighted spread based on the 24-hour trading volume, and a higher value typically indicates higher trading costs.

According to BBX data, yesterday global US stock, Hong Kong stock listed companies, and asset management giants disclosed the latest developments in digital asset injection, compliance trust listings, and institutional-level custody, with the core information as follows:ZeroStack received a $1 billion Memecore token injection: 0G Treasury Company ZeroStack Corp. (NASDAQ: $ZSTK) announced that Puple AI Inc. and Blockcat Pte. Ltd. have reached an agreement to inject a total value of $1 billion in Memecore tokens (M) into the company. In exchange, ZeroStack will issue 3,500,000 shares of common stock, as well as pre-financing warrants to purchase up to 36,198,293 additional shares of common stock (with an issue price of $25.19 per share, more than 12 times the recent market price).Grayscale advances Zcash Trust listing on the NYSE Arca market: Grayscale submitted the fourth amendment of the registration statement for Grayscale Zcash Trust (ZEC) to the SEC, intending to list it on the NYSE Arca market (code: ZCSH). After listing, it will support authorized participants to continuously purchase and redeem shares (previously traded only on OTCQX and not redeemable). As of June 30, 2026, the trust holds approximately 2.3% of the circulating supply of ZEC, with a net asset value (NAV) of approximately $155.2 million; additionally, a subsidiary of Grayscale's parent company DCG is negotiating to purchase trust shares with approximately 200,000 ZEC.OSL Group's enterprise-level stablecoin USDGO connects to Ceffu institutional custody: Hong Kong listed company OSL Group (00863.HK) announced that its compliant enterprise-level stablecoin USDGO has officially become one of the custodial assets of the institutional digital asset custody platform Ceffu. Qualified Ceffu institutional clients can now directly deposit, hold, and withdraw USDGO through their exclusive custody accounts.

Renowned trader Killa posted that Bitcoin has rebounded from its lows, and waiting for the "perfect bottom" may cause investors to completely miss the subsequent rise. He stated that rather than staying in cash waiting for a price that may never come, he prefers to establish exposure early and accept potential pullbacks that may occur in the process.Killa indicated that the Bitcoin cycle is changing, with multiple indicators supporting this judgment, and the traditional four-year cycle may ultimately change. Therefore, he is willing to continue buying at different price levels such as $70,000, $65,000, $60,000, or $55,000, rather than fixating on a single bottom target.From a longer-term perspective, Bitcoin's price will rise above $150,000. He expressed that he prefers to hold a position first and then adjust based on market changes, rather than missing the entire upward process by insisting on waiting for a target price.

According to a report by China Fund News, data from SEIBro, a subsidiary of the Korea Securities Depository (KSD), shows that as of August 18, the stock that Korean investors bought the most in A-shares over the past month is a mysterious stock.During this period, Korean investors net bought this stock for $45.322233 million (approximately 307.53 million RMB). Extending the timeframe to the past three months, this stock still ranks first in the net purchase list of A-shares by Korean investors. When trading this security, Korean securities firms, as qualified foreign institutional investors (QFI), must submit settlement instructions to KSD. The submission of settlement instructions requires the use of an ISIN code. Therefore, relevant Korean securities firms have chosen to temporarily use a temporary virtual code, and the name of the security is displayed based on the virtual ISIN.A search on SEIBro reveals that as of July 28, Changxin Technology had appeared among the stocks with the highest net purchase amounts by Korean investors in the previous week. However, as of July 27, Changxin Technology did not appear in the list of the top 50 A-shares by net purchase amount from Korean investors in the previous week (it is also possible that Korean investors had already bought it, but Changxin Technology did not make it into the top 50 A-shares by net purchase amount). This indicates that at the latest by July 28, which is the second day after Changxin Technology's listing, Korean investors had begun to buy.

According to the latest ranking of stock derivatives exchanges released by RootData, as of the time of publication, Gate has the smallest spread among the 30 listed exchanges, currently at 0.004%. Among other top-ranked exchanges, Binance has a spread of 0.012%, Hyperliquid at 0.011%, and OKX at 0.009%.It is reported that this spread is the 24h trading volume weighted spread, and a lower value usually indicates lower trading costs.

Interstice Digital, a U.S. digital asset infrastructure company, announced a partnership with digital asset prime broker FalconX to launch a non-custodial cross-chain exchange engine, the Cross-Chain Swap Engine, connecting Solana, Robinhood Chain, and Ethereum to the public permissionless blockchain Canton Network built for capital markets, and listed as a Canton selected application. The engine aims to bridge the Canton institutional-grade market infrastructure with major liquidity pools on the retail side.Interstice Digital CEO Janine Yorio stated that the creation of this engine is to help connect Solana, Ethereum, and Robinhood Chain with the growing Canton ecosystem, mentioning that the ecosystem has over $90 trillion in tokenized RWA liquidity each month. FalconX's head of trading strategies, Hassan Bassiri, said that as institutional demand for digital assets rises, infrastructure that allows for frictionless capital movement across ecosystems is crucial. The engine is supported by compliance and infrastructure partners such as Trulioo, TRM Labs, CertiK, Canton Strategic Holdings, and MPCH. Interstice Digital is a subsidiary of Everyrealm Inc.

According to BeInCrypto, CryptoQuant data shows that centralized exchange stablecoin reserves have decreased from a peak of about $80 billion at the end of 2025 to about $64 billion, shrinking by about $16 billion (approximately 20%). Among them, Binance has performed relatively resiliently, with its stablecoin share rising from just over 60% to 68.5%, while platforms like Coinbase, Bybit, and OKX have seen more significant reductions.At the same time, on-chain analysis platform Santiment has monitored a rise in pessimistic remarks such as "crypto is dead" on X and Reddit, with the crypto fear and greed index currently reported at 46, still in the fear zone. The overall total supply of stablecoins has also decreased from nearly $316 billion in May to $300.89 billion, but the decline is much lower than that on the exchange side, indicating that some liquidity may have shifted on-chain rather than completely exiting.

According to Cointelegraph citing CryptoQuant data, Bitcoin spot demand is about to turn positive for the first time since February. This shift has historically corresponded with subsequent price increases.Data shows that after similar signals appear, Bitcoin's median increase over the next 60 days is approximately 18.1%, with a win rate of about 78%. A positive turn in spot demand typically reflects an increase in buying power, and the market is focused on whether this can be sustained and drive the market.

Mech-Mind (Xiong'an) Robotics Technology Co., Ltd. passed the listing hearing on August 16 through the Hong Kong Stock Exchange, becoming the first company to be declared and pass the hearing from Xiong'an. The company was founded by a Tsinghua overseas returnee team in 2016 and will relocate its registered office to Xiong'an in 2024, making it the first unicorn enterprise in the Xiong'an New Area.Mech-Mind is positioned as "AI + 3D Vision + Robotics," independently developing the Mech-GPT multimodal large model and the "Eye-Brain-Hand" full-stack technology system. By 2025, it is expected to hold the top position in the global AI + 3D vision-guided general-purpose intelligent robot components market with a 22.1% share. From 2023 to 2025, revenue is projected to increase from 181 million yuan to 389 million yuan, with adjusted net losses narrowing to 109 million yuan and overseas revenue accounting for 50.3%.The company has deployed over 27,000 units, with clients including CATL, BYD, Toyota, BMW, and others. Previously, it received investments from Qiming Venture Partners, Intel Capital, Meituan, IDG, Sequoia China, and other institutions.

According to the disclosure on the website of the China Securities Regulatory Commission, the IPO guidance status of Yangtze Memory Technologies Co., Ltd. has changed to "Guidance Acceptance," with the guiding securities firms being CITIC Securities and CITIC Construction Investment.