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According to Bloomberg, DCG's cryptocurrency trading platform Luno will cut about 20% of its workforce globally as part of the company's restructuring plan. The company's CEO James Lanigan confirmed this news.In response to media inquiries, Lanigan stated that the restructuring will adjust the company's business layout, including expanding its business aimed at corporate clients (B2B) and reducing costs based on the current market environment. However, he declined to disclose the specific number of employees affected by the layoffs.

According to Bloomberg, PayPal announced its second-quarter results, with adjusted earnings per share of $1.38, exceeding analysts' expectations of $1.27; total payment volume reached $486.4 billion, also higher than market estimates.The company also raised its adjusted earnings per share guidance for 2026 to $5.38, above last year's level. Previously, private equity firm Advent and payment competitor Stripe had made an acquisition offer of about $60 per share, to which PayPal did not respond in its latest statement. Since taking office in March this year, new CEO Enrique Lores has restructured the business lines and plans to cut about 20% of the workforce in the next two to three years.

According to Decrypt, the Myanmar parliament passed a law on Tuesday that allows for the death penalty for those who coerce others into engaging in online fraud through violence or illegal detention.According to the draft bill released in May this year, if such abusive behavior results in the death of the victim, the death penalty should be imposed. The new law also stipulates that individuals operating online fraud parks or implementing "digital currency fraud (cryptocurrency fraud)" can be sentenced to life imprisonment; while criminals who commit violent coercion, illegal detention, and other acts can be sentenced to 10 years to life imprisonment.

According to reports from China News Service, multiple South Korean media outlets believe that the recent sharp decline in the stock market is interpreted as a shock from the listing of China's largest semiconductor company, Changxin Technology. The market is worried that Changxin Technology will use the funds raised from its stock market listing to catch up with semiconductor companies like Samsung Electronics and SK Hynix, and this concern has spread, leading to a setback in investor sentiment.According to a previous report by CNBC, Z-Ben Advisors analyst Peter Alexander believes that, referencing the development paths of the steel and new energy vehicle industries, Changxin Technology will quickly seize market share in the low-end memory chip market and ultimately shake the monopoly positions of Samsung Electronics, SK Hynix, and Micron Technology in the global memory industry.

Visa and the on-chain data analysis platform Artemis previously jointly released the report "Agentic Payments from the Ground Up," which quantifies the trends of AI agent payments based on real-time on-chain data. The report points out that intelligent commerce should be divided into macro transactions (AI agents completing bookings, subscriptions, etc., adapting to existing card systems) and micro payments (high-frequency small payments between machines, with individual transactions far below $1, which traditional payment structures struggle to support).The report focuses on two "machine-native payment" protocols: x402 (developed by Coinbase, Cloudflare, etc., launching in May 2025) with an adjusted transaction volume of approximately $15 million and 109.6 million transactions as of April 21, 2026, with 422,000 buyers and about 5,300 sellers, primarily concentrated on Base, Solana, and Polygon, settled in USDC; MPP (developed by Stripe and Tempo, with Visa's participation, launching in mid-March 2026) had a transaction volume of approximately $25,000 and 115,000 transactions within 33 days of launch, supporting both on-chain crypto payments and fiat settlements.The report believes that the leap in AI capabilities (with the release of Claude 4.5 and GPT Codex 5.2 in mid-2025) has created a demand for programmatic payments, combined with the decreasing costs of blockchain settlements, making micro payments in the range of 1 cent to 1 dollar economically viable for the first time. Currently, the boundaries between crypto-native protocols and card payment camps are gradually blurring, but agent payments still face trust challenges such as erroneous purchases, adversarial attacks, and liability attribution.

According to the official announcement, Websea has officially launched the perpetual contract trading related to Changxin Technology in the Tradfi section today at 18:00 (UTC+8). As a digital asset trading platform for global users, Websea continues to enrich the selection of popular market targets and derivative trading options.This launch will provide users who are interested in the domestic storage chip sector and related market trends with a more flexible two-way trading entry. In the future, Websea will also continue to pay attention to global hot asset dynamics and continuously expand more high-quality trading targets to meet users' diversified trading needs.

According to a report by Yicai, MSCI announced that Changxin Technology will be included in the MSCI China All Shares Index due to the listing of its IPO new shares, effective August 10.The MSCI China All Shares Index is a comprehensive Chinese stock index compiled by MSCI, covering all categories of Chinese-related stocks, including large-cap and mid-cap stocks listed on the Shanghai and Shenzhen exchanges, Hong Kong-listed companies, and overseas-listed Chinese stocks (such as US ADRs), fully reflecting investment opportunities in Chinese stocks. It is tracked by many global ETFs and passive funds, and the inclusion of Changxin may bring in passive capital inflows.

AI Agent Economic Settlement Agreement AEON announced AI payment data, with the user base exceeding 2.3 million, an average monthly transaction volume of over 30 million USD, and a cumulative processing amount reaching 475 million USD. As a settlement layer for the Agentic Economy, AEON is continuously expanding Agent-to-Agent (A2A) and Agent-to-Merchant (A2M) scenarios, promoting payment and settlement connections between AI agents and the real commercial system.

According to the latest ranking of stock derivatives exchanges released by RootData, Binance, Hyperliquid, and OKX are in the top three. The list is based on comprehensive scoring of exchanges supporting stock derivatives trading, considering dimensions such as trading volume, open interest, spreads, depth, trading costs, and data collectability. Among them:Binance scored 95.7, with a position size of approximately $2.844 billion, a 24h trading volume of approximately $19.879 billion, and a market share of 48.46%.Hyperliquid scored 94.9, with a position size of approximately $1.708 billion, a 24h trading volume of approximately $5.668 billion, and a market share of 13.82%.OKX scored 92.6, with a position size of approximately $528 million, a 24h trading volume of approximately $4.752 billion, and a market share of 11.58%.Compared to the same period last week, Hyperliquid rose from seventh to second place; OKX rose from sixth to third place; Gate rose from eighth to sixth place. MEXC fell from second to fifth place, and Bybit fell from third to seventh place.

According to a report by Z Finance, Tencent's AI-native desktop intelligent agent platform WorkBuddy entered public beta on March 9, achieving a monthly active user count of 20 million across all platforms within 3 months, with daily active users surpassing 13 million, including over 2 million daily active users on the PC side, and a DAU/MAU ratio stabilizing between 65%-75%. The product is led by Liu Yi, Vice President of Tencent Cloud, with a core team of about one hundred people, classified internally as one of the highest priority AI projects. The team claims they are currently only "temporarily ahead by half a position."WorkBuddy is derived from Tencent's previously launched AI programming assistant CodeBuddy, which has already covered about 12,000 engineers within Tencent. The product completed prototype development on January 17, and after the public beta in March, it has undergone a total of 43 iterations, gradually integrating capabilities related to QClaw developed by the Tencent PC Manager team based on an open-source framework. The product adopts a multi-model access strategy, with the underlying self-developed Harness engine for unified scheduling.In terms of commercialization, at the end of April, Tencent Cloud adjusted its pricing: the SaaS enterprise version was raised from 78 yuan/person/month to 198 yuan, and the private cloud enterprise version was raised from 158 yuan to 316 yuan. Market information indicates that it has acquired thousands of enterprise clients and over one hundred thousand paid seats, with an estimated annual revenue of about 300 million yuan. Third-party evaluations show that the product scored an average of 2.31/4 points on 70 questions (Word category 2.85 points, Design category 1.45 points), indicating that it is still some distance from producing stable results without manual modifications.

According to on-chain analysis platform Onchain Lens, a newly created wallet withdrew 10,000 ETH from Bybit, worth approximately 18.81 million USD.On-chain data shows that recently, whales continue to accumulate and transfer ETH out of exchanges.

In response to the abnormal volatility in the SK hynix perpetual contract market, Hyperliquid stated that the platform is an unlicensed blockchain, and the HIP-3 market can be independently deployed and operated by different teams. The xyz:SKHYNIX perpetual contract is deployed and operated by the Trade.xyz team, which is currently investigating the incident and will announce progress after reaching a conclusion.Hyperliquid also explained that HIP-3 deployers can independently push the market's mark price, oracle price, and external perpetual price inputs. If a pricing mechanism similar to that used by platform validators for operating perpetual contracts is adopted, the protocol only provides one of the three median components, namely the on-chain latest transaction price, the best buy price, and the best sell price median, while the other two components are provided by the deployer, who jointly determines the final mark price.

SK Hynix announced that it will officially begin mass production of 16Gb LPDDR6 low-power mobile DRAM in the second half of this year, with the first products set to be featured in Xiaomi's next-generation flagship smartphone. The product was developed in March and utilizes 10nm class sixth-generation (1c) technology, offering improvements in data processing speed and energy efficiency compared to the previous generation. SK Hynix has been supplying LPDDR products to Xiaomi since 2013, maintaining a long-term partnership.LPDDR is primarily used in mobile devices such as smartphones and tablets, combining low power consumption with high performance. Recently, driven by demand from AI servers, LPDDR prices have continued to rise, with contract prices increasing steadily, leading to a 64.5% quarter-over-quarter growth in global mobile DRAM revenue in the first quarter. SK Hynix and Samsung Electronics are ahead of Micron in preparing for the mass production of LPDDR6. Additionally, the mass production of LPDDR6 is expected to accelerate competition in the SO-CAMM (low-power memory module) market, which is seen as a complementary solution for AI server CPUs. NVIDIA CEO Jensen Huang visited the SK Hynix booth at the Taipei International Computer Show in June, leaving a message of "LOVE SOCAMM" for the 192GB SO-CAMM.

The Federal Reserve will hold the FOMC monetary policy meeting from July 28 to 29, and the market is closely watching the direction of interest rate adjustments, inflation trends, and the policy signals released by Fed Chairman Kevin Warsh and officials. In the context of macro events driving market volatility, Gate event contracts are becoming a focus tool for some investors participating in the FOMC trading cycle. This product revolves around the price direction of BTC and ETH in short cycles such as 5 minutes, 15 minutes, 1 hour, and 4 hours, allowing users to make market arrangements in advance based on their predictions of macro policy outcomes and market trends.Compared to traditional derivatives, event contracts adopt a probability pricing model, with each contract priced between 0.01 to 0.99 USDT, and a minimum participation threshold of 1.5 USDT. The product mechanism does not introduce leverage, does not involve margin calls or forced liquidations, and the user's maximum loss is limited to the principal paid at the time of purchase; if the directional judgment is correct, it will be settled at 1 USDT per contract upon expiration. Under key nodes such as macro policies, this model provides users with a trading method that has clear risk boundaries and a lower participation threshold.In addition, Gate event contracts have launched a "New User First Order Compensation" activity, opening a $20,000 prize pool. Eligible new users who complete their first transaction and incur a loss can receive compensation rewards according to the rules.As the FOMC decision and subsequent policy statements are about to be announced, market sentiment may undergo further changes, and Gate event contracts provide users with a new way to participate in short-cycle market trading.

The bank holding group BIND Group, managing assets over $2 billion, is developing a stablecoin pegged to the Argentine peso through its virtual asset service provider BEN, offering programmable currency services to institutions. BIND Group also announced a partnership with Circle to provide BEN clients with institution-level payment and fund management services that comply with local regulatory requirements.Petersen Group is also advancing a second peso stablecoin initiative through a subsidiary, supported by the crypto-as-a-service company Lirium. The product, named DIPE, has a white paper; Lirium provides related solutions for Banco Galicia and Brubank. The aforementioned projects are promoted by companies supported by the banking group, rather than services provided directly by the banking group. The Central Bank of Argentina has prohibited private banks from offering crypto-related services to customers since May 2022.These products are primarily aimed at institutional scenarios, with use cases including fund management, payments triggered by on-chain events, and collateral credit management. In March, the Argentine securities regulator determined that the stablecoin argt, pegged to the peso, is classified as a security and was not issued in compliance with regulations.

According to Gate market data, the Hong Kong stock market closed with the Hang Seng Index rising by 0.41% and the Technology Index rising by 0.61%. Lao Pu Gold (06181.HK) fell by more than 23.5%, Zhi Pu (02513.HK) fell by more than 18.5%, and MiniMax (00100.HK) fell by more than 14%.

According to monitoring by BitcoinTreasuries.NET, the Australian listed company DigitalX (DCC) has sold 80 bitcoins, increasing its cash reserves to $21 million.It currently holds a total of 283 BTC, ranking 79th in bitcoin holdings.

According to Jinshi reports, two experts from LGT Asia Private Banking pointed out in a research report that the trading range of the US dollar against the Japanese yen is expected to shift upward and expand to 157 to 165 yen, while the previous range was 155 to 160 yen. The experts stated that this change reflects multiple factors, including the significant interest rate differential between the US and Japan, uncertainty regarding currency intervention, and rising fiscal risks in Japan.

On July 28, WEEX Exchange announced that the platform has launched the "TradFi Trading Carnival" event, with zero slippage protection, first order compensation, and a special airdrop of 200 USDT for new users. Event duration: 7/27 16:00 - 8/10 23:59:59 (UTC+8).During the event, if new users incur losses on their first TradFi contract trade, they can receive a maximum compensation of 20 USDT in bonuses; any TradFi contract trading volume ≥ 200,000 U can participate in sharing a cash prize pool of 50,000 USDT. In addition, users trading designated TradFi contracts can enjoy zero slippage benefits daily, and reaching the designated trading volume for TradFi contracts allows participation in a lottery with a 100% winning rate.