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Binance announced that, in response to recent regulatory changes, to continuously comply with relevant regulations and ensure the safety of user assets, Binance will no longer process transactions involving certain cryptocurrency service providers/platforms starting from the following dates: effective August 7, including Shelbit, Aban Tether Exchange; effective August 13, including A7 Nigeria, A7 Africa, PilotFinance; effective August 23, including Rapira, Aifory Pro, ABCeX, WhiteBird, NoOnecrypto, Tradex, Monease, BitPapa, Exnode, Exnode Pay, HTX (Huobi Global SA), EXMO, and other platforms.Binance reminds users to avoid transferring or receiving assets directly or indirectly to the above entities, or engaging in other transactions with them, as related transactions may require additional compliance review, during which wallets may be restricted, and related activities may also involve violations of Binance's Terms of Use.A spokesperson for Huobi HTX responded that Huobi HTX has always strictly complied with the relevant laws and regulations of its operating location. Regarding recent sanctions related to the EU and the UK, the platform is actively communicating and has made good progress.The spokesperson for Huobi HTX also stated that Huobi HTX is currently not operating in the EU region and does not have EU region customers, so users need not worry excessively. The platform will continue to prioritize compliance and actively and responsibly advance related matters, and also appreciates the community's understanding and support.

According to The Information, Cursor informed employees that its sale to SpaceX could be completed as early as next week, with a transaction size of approximately $60 billion. After the deal is finalized, Cursor employees will be integrated into the SpaceXAI team.Meanwhile, the Cursor brand may no longer be used for some new products in the future, including an upcoming general agent product, which may be released under the name Grok Bot.

Eliza Labs founder Shaw Walters announced that the ai16z/ElizaOS token is officially "dead," and the related foundation will be closing. The reason is that the law firm Burwick Law initiated a class action lawsuit on behalf of the holders, and the foundation chose to settle due to its inability to bear the litigation costs, compensating all remaining treasury funds.Shaw stated that he has never sold ai16z tokens, has never profited from them, and only receives the same basic salary as engineers, currently living off savings. He emphasized that he will continue to develop the underlying technology of Eliza but made it clear that no tokens will be associated with Eliza anymore and advised holders to handle their tokens independently, as the foundation will not provide any buyback support.

According to Aave founder Stani Kulechov, after completing a comprehensive review, Aave will gradually phase out 50 low adoption rate asset reserves across multiple deployment environments and orderly stop deployments on Sonic, Scroll, zkSync, Metis, Soneium, and Aptos, involving an additional 25 asset reserves.In addition, 21 expired Pendle PT assets will also be eliminated and replaced by new expiring assets. This adjustment involves approximately $98.1 million in supply assets and $15.6 million in debt. Stani stated that this move aims to reduce the economic and technical risks of the protocol based on the new Aave risk framework and technical asset listing framework, and Aave will continue to assess the risks of assets in each deployment environment.

According to ChianCatcher news, the stablecoin credit protocol Ebisu Finance announced today that it has decided to gradually shut down the project. Users need to quickly close remaining Troves, withdraw Stability Pool deposits, and ebUSD DEX liquidity. The minting of ebUSD has been suspended, and the front end will be deprecated in 3 months on October 30.This protocol is a fork of Liquity V2, supporting new collateral types and adjustable risk parameters. It has been running for over a year and has passed two audits. Ebisu aims to provide fixed-rate, open-term credit through ebUSD, with collateral including blue-chip yield-bearing assets such as LRTs, but the team has failed to expand ebUSD liquidity to support meaningful lending volumes.The project explored multiple solutions, including liquidity optimization, multi-chain expansion, structured products, and acquisition opportunities, but none addressed the core bottleneck of the CDP protocol: stablecoin liquidity and sustainable demand. The team stated that there are no plans for the launch or airdrop of EBISU tokens and thanked supporters, inviting other teams to contact them for permission to use their tech stack.

According to Business Insider, Amazon is making a comprehensive adjustment to its AI strategy, gradually phasing out most of its self-developed flagship Nova models, including the high-end Premier and Omni models, the Reel video generation model, and the Canvas image generation model, with the remaining products only maintaining a "Keep The Lights On" (KTLO) status. Resources are being shifted from the existing Nova series to the new frontier model project led by researcher Pieter Abbeel (who joined through the acquisition of Covariant), with the new flagship model expected to debut at this fall's re:Invent conference.This adjustment is accompanied by organizational restructuring. Amazon laid off employees in the AGI department last week and closed the AGI Lab established in 2024 by absorbing the AI startup Adept team. AGI head Rohit Prasad left in December 2025, and AGI Lab head David Luan stepped down in February of this year. The AGI organization was integrated under Senior Vice President Peter DeSantis in December of last year, merging with chip development and quantum computing. An Amazon spokesperson responded that the company "has long supported AI models in production environments" and emphasized that "AI models remain one of the company's most important work directions," with the model lineup continuously evolving based on customer needs.

Liquid Capital (formerly LD Capital) founder Yi Lihua stated that the pressure level for Bitcoin remains around $67,500, and only a strong breakthrough can initiate a sustained rebound. Regardless, I maintain the previous viewpoint of gradually bottom-fishing in July and August, then waiting for a new bull market cycle. Analyzing the market in a volatile range and assessing bottom prices in the bottom range are not very meaningful.In AI US stocks, we analyzed the computing power company AGPU in our research report. They announced a new contract worth $1.5 billion last night, bringing the total contracts to over $3 billion, with the potential to complete $10 billion in total contracts this year. The key point is that AGPU's financing method is not through ATM equity, ensuring the interests of investors. These contracts will soon reflect in the upcoming financial reports.

According to an official tweet from Ostium, the on-chain trading platform Ostium announced that it will reopen trading at 10:00 AM Eastern Time on July 23. After the restart, all open positions and pending orders will remain unchanged and will be re-marked at the real-time market price at the time of the restart; if a position reaches the liquidation line at the restart price, it will be automatically liquidated; take profit, stop loss, and limit orders will also be executed at real-time prices upon restart.The resumption of trading will be carried out in phases, starting with protective operations such as closing positions, adding margin, and modifying/canceling orders, followed by the reopening of new position opening functions. In terms of liquidity provision, new OLP deposits are suspended, and existing LP withdrawals will be processed in the next settlement cycle, with details of the capital recovery plan to be announced later.

Cardano ecosystem wallet SecondFi stated that approximately 16.1 million ADA were stolen due to a vulnerability in the wallet software, valued at about 2.6 million USD. The platform will gradually shut down SecondFi and Yoroi wallet services. This incident affected 374 wallets.SecondFi indicated that an independent investigation by blockchain intelligence agency Groom Lake identified the attacker as a sophisticated external actor and found indicators possibly related to North Korea's Lazarus Group, but attribution has not yet been confirmed. SecondFi is developing a recovery tool based on zero-knowledge proofs to help affected users recover their assets and limit the information that needs to be shared. The tool is still in testing and will undergo third-party auditing before its planned release in August. SecondFi is also preparing a wallet export feature that allows users to migrate their assets to other services. The platform has not announced a direct compensation plan and has not specified whether it will use its own funds to compensate users.

According to ChaoXiang Research, Morgan Stanley's stock strategy report on July 20 pointed out that AI-related stocks have faced fierce selling in recent weeks, with the South Korean stock market dropping 25% from its peak, and the Philadelphia Semiconductor Index falling 20%. Individual stocks like Samsung and Micron have seen declines between 20% and 50%. The report believes that the core driving force behind this round of decline is technical factors and position clearing, with no deterioration in fundamentals. The gap between relative prices and relative earnings trends in semiconductors continues to widen, but the supply-demand tight balance for DRAM and NAND is expected to last until 2028. DRAM spot prices remain high, and Micron has also raised its performance guidance, indicating that supply-demand tightness will last at least until 2027. The RSI of the Philadelphia Semiconductor Index is nearing the oversold zone, and the accumulated momentum gains for the year have basically been retraced.Morgan Stanley believes that once the oversold signal is confirmed, a rebound window will open, and it suggests that investors gradually position themselves in semiconductors during the summer. The proportion of second-quarter earnings reports exceeding expectations reached 97%, and companies in the S&P 500 that reported better-than-expected earnings outperformed the market by an average of 1.7 percentage points on the day of the report. In terms of allocation, Morgan Stanley has raised its equity allocation from 60% to 65%, increased its Eurozone allocation from 8.7% to 11%, and is overweight in sectors such as semiconductors, mining, capital goods, automotive, insurance, and banking, while underweighting software, business services, and media in the "AI erosion group." Regarding geopolitical conflicts, the report believes that the "buying on dips" strategy since the end of March remains effective.

According to official news, Kimi stated that in the past 48 hours, the demand for Kimi K3 has exceeded expectations, and GPU resources are nearing the current capacity limit. To ensure the experience of existing subscription users, the platform has temporarily suspended new subscriptions, and current subscribed users will not be affected. Kimi mentioned that it is working to expand computing power as soon as possible and will gradually open new subscription slots in batches.Meanwhile, the platform will split the membership system into two types of plans in the future: one for Kimi members on the Kimi web portal, App, and Work, and the other for Kimi Code members focused on programming workflows, to more accurately match computing resources and maintain service stability.

Summer.fi announced that after the Lazy Summer protocol was attacked on July 6, the team assessed that there is no viable path to continue operations, and therefore will gradually cease operations. This attack directly resulted in a loss of approximately $6.1 million, and a significant portion of the team members' own assets were also stored in the attacked vault, further reducing the operational funds needed for reconstruction.The announcement indicates that the Summer.fi application will remain open until August 31, and the future direction of the Lazy Summer protocol will be determined by the Lazy Summer DAO. The current DAO is working to restore the withdrawal and redemption processes for each vault, including the two vaults that were previously affected.

According to Caixin, the case involving Qian Zhimin and 60,000 bitcoins held a three-day hearing from July 7 to 9, 2026. In the next phase, the focus of the case will gradually shift to evidence and tracing of assets, with substantive hearings expected to begin gradually after October this year.The court will focus on: 1. How the RMB investment funds entered Lantian Ge Rui and related accounts; 2. How the funds were gathered, transferred, and exchanged; 3. Which funds have a provable connection to the bitcoins seized in the UK; 4. The losses, repayments, and existing compensation situations of each applicant; 5. What specific property relationship exists between individual investors, Lantian Ge Rui, and the bitcoins involved in the case. Analysts believe that after the legal dispute was applied in July this year and the judge made a ruling, the case will gradually shift from "what law to judge by" to "whether the evidence can prove the rights."

Strategy founder Michael Saylor stated that after a decade of concerns about the lack of block space and controversies surrounding non-monetary uses, Bitcoin still does not have the so-called "spam transaction problem." Currently, the Bitcoin network transaction fee is about 1 sat/vB, and anyone can quickly transfer any amount of Bitcoin globally at a cost of approximately $0.3.The market's free mechanism has been addressing the challenges faced by Bitcoin block space.

Brantly Millegan, the Operations Director of ENS Labs, stated that he has decided to leave ENS and will gradually shut down ethid.org.Brantly mentioned that team members are currently open to new job opportunities. Most projects, such as GrailsMarket, ENSMarketBot, and EFP, will cease operations in the coming weeks, but the code will remain open source.

Strategy Investor Relations Director Chaitanya Jain stated that STRC is gradually recovering after a brief fluctuation.He mentioned that the company's goal is to maintain STRC's long-term trading price in the range of $99 to $100, and it will support this through variable dividend rates, continuous increases in dollar reserves, improving Bitcoin ratings, removing convertible bonds, implementing stock buybacks, and functional upgrades.

According to CNBC, GMO co-founder and billionaire investor Jeremy Grantham has once again expressed skepticism about Bitcoin, calling it a "useless speculative asset" and believing it may eventually lose market relevance over time.Grantham stated that Bitcoin will not end with a sudden zeroing out or a dramatic collapse, but is more likely to gradually fade from the market's view over the next few years or even decades. "It will slowly disappear, not with a bang, but quietly."He believes that Bitcoin lacks intrinsic value and has not proven itself to be a reliable store of value. Grantham pointed out that even during periods of better macroeconomic performance, Bitcoin's price has still experienced significant pullbacks, making it difficult to be regarded as a stable wealth preservation asset.In contrast, he mentioned that while gold has also undergone price adjustments, it has maintained a relatively robust long-term performance overall.Additionally, Grantham questioned the practical application value of Bitcoin, arguing that it is not widely used for everyday payments or commercial transactions, thus lacking broad utility in the real world.

The decentralized trading platform Oxium on the Sei network announced that it will gradually cease operations.The team stated that due to the long-term adverse market environment, the platform's revenue can no longer support ongoing operations, and therefore, they have decided to shut down related services. Among them, the Oxium front-end interface will officially go offline on August 1, 2026.Oxium reminds users to cancel any unfilled orders, close existing positions, and withdraw assets in a timely manner before the interface shuts down.The team also emphasized that user assets are always controlled by the users themselves and are not held on the platform. Even after the front-end interface is closed, users can still access and retrieve their funds directly through smart contracts.

Tether's investment in Hyperliquid's mobile interface and the non-custodial trading platform Dreamcash announced that it will gradually shut down its CASH perpetual contract market based on Hyperliquid HIP-3, while retaining the non-custodial trading application.All CASH markets will be settled sequentially according to a preset schedule from June 30 to July 2, and positions will be automatically closed at settlement based on external oracle prices, with the funding rate set to 0 during this period.

According to FinanceFeeds, Hyperscale Data has signed its first master service agreement to provide 20 megawatts of AI computing power at its data center campus in Michigan, with the contract potentially generating over $1.2 billion in revenue over its entire term.The 20 megawatts of critical AI computing power covered by the agreement is expected to be operational by the fourth quarter of 2026. The initial term of the agreement is 10 years, with two 5-year extension options, and if the maximum term is exercised, it is expected to generate over $1.2 billion in revenue.Currently, the campus still operates approximately 28 megawatts of Bitcoin mining capacity, and the company expects to allocate more share to AI. As of June 21, Hyperscale Data holds 726.94 Bitcoins through Sentinum and Ault Capital Group, valued at approximately $45.9 million.