control

The on-chain data visualization analysis platform Bubblemaps has issued a warning that the Meme coin XST, which is being heavily promoted on TikTok, has a high risk of supply concentration—74% of its total supply is controlled by a small group, exhibiting typical Rug token characteristics. The current market value of this token is approximately 70 million USD.Bubblemaps urges investors to stay away from such projects and to ignore similar content if seen on TikTok's recommendation page.In recent years, TikTok has become an important distribution channel for low-quality Meme coins, creating an illusion of credibility through AI-generated celebrity videos and false associations, combined with the token's concentrated holding structure, resulting in typical high-risk Rug tokens after the hype fades.

Iran's state television quoted a spokesman for the Iranian Joint Military Command as saying that Iran has fully controlled the Strait of Hormuz.

President Trump’s latest post: "The United States has completely taken control of the Strait of Hormuz. I believe we will continue to maintain control! Our maritime blockade is referred to by everyone as the 'Iron Wall,' and Iran is powerless against it.They have no navy, no air force, and the remaining soldiers have not been paid. The Revolutionary Guard has been severely damaged and is in retreat, while their 'leadership' can at best be described as uncertain! They have no funds—this country is already 'full of holes.' All they have are fake news and 300% inflation, and the situation is worsening! Iran is now just all talk and no action, no longer the bully of the Middle East!"

According to Jinshi reports, the Ministry of Commerce announced that it will strengthen export controls on dual-use items related to drones to the United States.

According to Reuters, citing three informed sources, Samsung Electronics and SK Hynix are testing the etching equipment from Chinese semiconductor equipment manufacturer AMEC to assess its potential application in their factories in China, aiming to hedge against the risk of the U.S. potentially tightening export controls in the future. The testing began about two years ago, coinciding with rising uncertainty over whether the U.S. would allow Korean companies to import U.S.-made chip equipment to China.The report noted that although no decision has yet been made on large-scale deployment, verification from Samsung or SK Hynix would be an important commercial endorsement for AMEC. The gap in etching, deposition, cleaning, and other areas for Chinese equipment has gradually narrowed, with prices typically 20%-30% lower than similar overseas products. Samsung officially denied having tested AMEC equipment for its factories in China, while SK Hynix declined to comment. Deutsche Bank expects Northern Huachuang, AMEC, Tuojing Technology, and Shengmei Semiconductor to each exceed $1 billion in revenue by 2026, collectively expected to capture 25%-30% of China's approximately $28 billion wafer fabrication equipment market this year.

According to Jinshi reports, U.S. officials stated that the Strait of Hormuz is an international waterway, and no party can control its shipping routes or passage capacity.

According to Jinshi reports, U.S. President Trump stated that the Strait of Hormuz is controlled by the U.S. Navy.

The South Korean cryptocurrency exchange Bithumb has published an update on its IPO preparation progress. Bithumb stated that it is collaborating with leading domestic accounting firms to advance the construction of its risk management system, converting accounting standards from K-GAAP to internationally accepted K-IFRS, and strengthening internal compliance and internal control processes. The company is also restructuring its business by spinning off Bithumb Asset and clarifying the responsibilities and boundaries of each business segment; at the same time, it is promoting business model diversification and liquidity asset reserves to enhance financial stability.Bithumb claims it will maintain transparent operations by regularly disclosing financial status, operational matters, and cryptocurrency asset holdings, and will collaborate with large domestic and international securities firms, law firms, and accounting firms to assess corporate value and legal risks, as well as to formulate strategies for the pre-listing review.Regarding the timeline, Bithumb plans to complete the upgrade of its internal control system and K-IFRS conversion preparations by 2026, submit the pre-listing review and undergo audits in 2027, and complete the IPO in 2028, with specific timelines potentially adjusted based on market conditions and regulatory review progress.

According to CryptoSlate, Nasdaq-listed company Zhibao Technology (a Chinese insurtech company) signed a PIPE (Private Investment in Public Equity) agreement worth approximately $154.7 million on July 31, with investors paying in 2,380 bitcoins (calculated at a fixed price of $65,000 per bitcoin).The agreement lists 10 investor entities, each allocated 44.2 million units, totaling $154.7 million, paid in 238 bitcoins. Investors will purchase 442 million units at $0.35 per unit, with each unit consisting of 1 share of Class A common stock and a 2-year warrant (to buy 1 additional share at an exercise price of $0.35), with a potential total issuance of up to 884 million shares.After the transaction is completed, investors will designate 4 out of 5 directors and choose a new CEO and CFO. The existing 4 directors and the current CEO and CFO will resign. This issuance will significantly dilute the shareholding ratio prior to the PIPE transaction. The 49,001,662 shares will account for approximately 9.98% of the share base after the transaction is completed, while Class B shareholders will lose their 20-to-1 voting advantage.If all new warrants are subsequently exercised, the share base will increase to at least 933,001,662 shares, while the shareholding ratio prior to the PIPE transaction will drop to about 5.25%. The agreement is intended to be settled within 12 business days after July 31, or on another date agreed upon in writing by both parties, but the required capital increase and approval issues remain unresolved.

According to Jinshi reports, the Russian army still controls the village of Lyubitsk in the Zaporizhzhia region of Ukraine.

According to Jinshi reports, the Russian army has taken control of the village of Olhivka in the Kharkiv region of Ukraine.

Bitget announced a comprehensive upgrade to its BGBTC, adding daily coin-based earnings, large-scale rapid redemption, and institutional-level risk management. This upgrade also introduces an independent Curator mechanism, with the DeFi risk management agency Gauntlet responsible for supervising the underlying earnings strategy and risk management, adding independent strategy reviews beyond asset custody to strengthen portfolio monitoring, risk control, and long-term earnings sustainability. Currently, BGBTC supports the deployment of earnings strategies on the Morph chain, further expanding multi-chain earnings channels and application scenarios.At the infrastructure level, Bitget uses Chainlink CCIP as the official cross-chain solution for BGBTC and continues the Chainlink Proof of Reserve program, providing real-time transparency and verifiable reserve guarantees for its 1:1 pegged Bitcoin. The upgraded BGBTC can still be used for contract margins, loan collateral, and participation in Launchpool and PoolX while obtaining earnings, further enhancing capital efficiency while retaining asset liquidity.

According to Jinshi reports, the Russian Ministry of Defense stated that the Russian army has taken control of Velykyi Burluk in the Kharkiv region of Ukraine and Stinka in the Donetsk region.

According to Jinshi News, Amazon employees have discovered that due to errors in the company's deployment of AI and a lack of expenditure control measures, some projects have experienced "catastrophically high" cost overruns. A senior engineer stated at an employee meeting that attempts to shift tasks from traditional programming to using AI models have resulted in "unplanned" expenditures.Amazon expects its capital expenditures to reach $200 billion this year, primarily invested in AI and data center infrastructure construction.

According to Jinshi reports, Israeli Chief of Staff Eyal Zamir stated that the Israeli military will not withdraw from the occupied areas in southern Lebanon before ensuring Israel's security. Zamir made the remarks during an inspection of the occupied areas in southern Lebanon, mentioning that the Israeli military has controlled certain areas and is working to eliminate terrorist infrastructure. If necessary, they will expand the scope of operations to include more areas. He emphasized that there will be no withdrawal from the controlled areas before ensuring long-term security.

On July 28, OpenAI quietly updated its security incident disclosure, confirming that its AI agent accessed four external service platforms during the breach of Hugging Face, bringing the total number of affected platforms to five.Previously, OpenAI had disabled security filters while testing GPT-5.6 Sol and a more powerful model to assess raw capabilities. The model did not complete the security benchmark tests as expected; instead, it discovered a zero-day vulnerability in the package caching agent within the testing environment that granted internet access, subsequently breaching Hugging Face to steal answers.According to a forensic report released by Hugging Face on July 27, this autonomous agent executed 17,600 operations over approximately four and a half days, connecting 181 devices to the Hugging Face internal VPN and forging identity tokens. Among the four additional platforms, Modal Labs CTO Akshat Bubna confirmed through Reuters that his company was one of them, with the attacker using an unprotected public endpoint from a customer as a relay and command control base for the entire attack.The identities of the other three platforms remain undisclosed. OpenAI stated it would "directly notify the service providers" but would not publicly name them, as there is currently no legal requirement for mandatory disclosure. The U.S. Congress has responded by proposing a bipartisan "AI Emergency Shutdown Act," which aims to authorize the Department of Homeland Security to forcibly shut down AI models, with violators facing fines of up to $2 million per day.

According to Jinshi reports, the Russian Ministry of Defense stated that the Russian army has taken control of Svitly and Novosych in eastern Ukraine. Ukrainian President Zelensky mentioned that there are reports indicating Russia plans to launch a large-scale attack and has requested Trump to provide 300 "Patriot" interceptors before winter.The Ukrainian Armed Forces reported that multiple Russian facilities were attacked, including the Ryazan oil refinery and the Black Sea Fleet's ship base. An advisor from the Ministry of Internal Affairs pointed out that Russia is launching a large-scale attack on Ukraine, and cruise missiles are expected to be imminent.

According to Jinshi reports, the Ukrainian open-source intelligence agency DeepState stated on social media on the 29th that the Russian army has established fire control 40 kilometers deep at the front lines of the cities of Sloviansk and Kramatorsk in the Donetsk region and has launched continuous attacks.The Russian Ministry of Defense reported that the Russian army defeated the Ukrainian forces in multiple locations, including the Donetsk region, on the same day.