Today's Crypto and Bitcoin News

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08-04

Google Builds a $200 Billion AI Chip Infrastructure Financing Network

According to Yonhap News, Google, in collaboration with Broadcom, Apollo, Blackstone, and others, has established an infrastructure financing network totaling approximately $200 billion (about 286 trillion Korean won) to expand market adoption of its custom AI chip, the TPU—recognized as one of the

Crypto evolving into next-generation financial infrastructure in 2026

Article by imTokenTo be honest, the majority of narratives in the crypto industry over the past few years can be reduced to an almost obsessive question:What will be the next asset to rise?Since the DeFi Summer, NFTs, public chains/L2s, restaking, memecoins, and even AI tokens have taken turns in th

Wall Street believes Japan's currency interventions are futile without rate hikes.

Article by Long Yue, Wall Street JournalThe U.S. and Japan jointly intervened with nearly $100 billion to support the yen, but the market is already voting with its actions: the yen’s rebound is rapidly fading.On August 3, Japan's Ministry of Finance confirmed that it had jointly intervened with the

POAP to Shut Down After Five Years of Operation

Original author: Eric, Foresight NewsOn the evening of August 3 Beijing Time, Isabel Gonzalez, co-founder of POAP, announced that POAP will officially shut down its services after more than five years of operation.In fact, this farewell began as early as March this year, when POAP announced it would

Nexus to Launch AI and Blockchain Game Platform via One Store in 124 Countries by August

According to Yonhap News, South Korean gaming company Nexus announced its first-half 2026 financial results: total revenue for the first half reached KRW 17.4 billion, a 9.4% year-over-year increase; the second quarter recorded an operating loss of KRW 5.3 billion due to increased operational invest

Alibaba Launches QwenWork, an Enterprise-Focused AI Office Platform

HuoXing Finance reports, according to an exclusive report by虎嗅, Alibaba has designated "AI Office" as one of its strategic directions and completed organizational and product integration: the original Wukong division has been upgraded to the "Qwen Office Division," led by Chen Yusen, consolidating t

Google Builds $200 Billion AI Chip Infrastructure Fund with Broadcom, Apollo, and Blackstone

ChainThink reports that on August 4, according to Yonhap News, Google, in collaboration with Broadcom, Apollo, Blackstone, and other institutions, has established a financial network totaling approximately $200 billion (around 286 trillion Korean won) to expand the market penetration of its propriet

Bitcoin UTXO Stress Score Rises to 71.5, Entering High Pressure Zone

CryptoQuant analyst Axel Adler Jr. noted that the Bitcoin Unrealized Profit/Loss Stress Score has risen to 71.5, placing the market in a high-stress zone. A year ago, when Bitcoin was priced at $114,000, the indicator was around 41. Over the past year, the metric has spent nearly two-thirds of the t

Former FBI Agent Charged with Stealing $1M in Crypto from Investigative Wallets

A former FBI supervisory special agent has been charged after US prosecutors alleged he secretly diverted cryptocurrency from wallets tied to a foreign adversary while working on counterintelligence investigations, later parking the funds in a decentralized lending protocol to generate returns.Accor

Bloomberg: AI Investment Surge Widens Divide in VC Market, Smaller Funds Struggle

According to Bloomberg, the current venture capital market is undergoing significant structural differentiation. As capital concentrates among top-tier artificial intelligence startups, numerous mid- and small-sized venture funds are facing severe challenges, including difficulty raising capital, de

Alibaba Launches QwenWork, an Enterprise AI Productivity Platform

ChainCatcher report: According to an exclusive report by Huxiu, Alibaba has designated “AI Office” as one of its strategic directions and completed organizational and product integration: the original Wukong division has been upgraded to the “Qwen Office Division,” led by Chen Yusen, with the three

The CLARITY Bill Faces a 72-Hour Deadline in the U.S. Senate

Author: Blockchain KnightYesterday, the U.S. Senate released its agenda for the week, but the CLARITY Act was not on it at all.Instead, a procedural vote on an alternative resolution is taking place. August 7 is the Senate’s recess date, leaving only 72 hours for the bill.The Senate’s procedural hur

Polymarket Becomes Official Prediction Market Provider for the ATP Tour

According to Huoxing Finance, on August 4, Polymarket became the official prediction market provider for the Association of Tennis Professionals (ATP) Tour, securing exclusive streaming rights for all prediction market categories covering ATP Tour and ATP Challenger Tour events. Users registered in

SpaceX to Release First Post-IPO Earnings Report, Stock Down 50% from Peak

ChainCatcher report: SpaceX will release its first earnings report since going public after U.S. markets close on Tuesday, with market attention focused on the performance of Starlink, Starship, and AI businesses. Since its listing on June 12, SpaceX’s stock has continued to decline, closing at $114

SpaceX to Release First Post-IPO Earnings; Market Focuses on Starlink and Valuation

Odaily Planet Daily reports that SpaceX will release its first financial report since going public after U.S. markets close on Tuesday. The market will closely focus on the operational performance of its Starlink, Starship, and artificial intelligence businesses, and assess whether its approximately

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