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08-03

U.S. Senate Fails to Schedule Clarity Act Vote Before August Recess

Uncertainty continues regarding the CLARITY Act, one of the most comprehensive legislative proposals to regulate the cryptocurrency sector in the US.While the Clarity Act, also known as the Transparency Act, is eagerly awaited to pass the Senate, reports from the US indicate that the Clarity Act is

India's NSE Derivatives Volumes Drop 23% Amid RBI's Tighter Funding Rules

India’s largest stock exchange just posted its worst derivatives trading month in over a year. The National Stock Exchange saw its average daily notional turnover for derivatives drop 23% to ₹214 trillion (roughly $2.2 trillion) in July 2026, hitting a 17-month low not seen since February 2025.What

Hashdex to Liquidate Bitcoin ETF DEFI Due to Low Assets and Liquidity

According to ChainCatcher, citing The Wall Street Journal, asset manager Hashdex has announced the closure and liquidation of its Hashdex Bitcoin ETF (NYSE Arca: DEFI), which had approximately $14.7 million in assets under management as of July 30. Hashdex’s products for U.S. investors continue to

Google DeepMind executive praises AI's "recursive self-improvement" as a key investment focus.

Odaily Planet Daily reports: Jasjeet Sekhon, Chief Strategy Officer at Google DeepMind, stated that one of the key investment rationales behind the unprecedented capital influx in the current AI industry is the bet that future AI systems will achieve recursive self-improvement (RSI).Sekhon recently

Bithumb Plans 2028 IPO With Governance and Compliance Reforms

SummaryBithumb outlined governance reforms and accounting upgrades to support its planned 2028 initial public offering while strengthening compliance efforts.Bithumb is building stronger risk management systems while restructuring business operations to reduce conflicts and improve financial stabili

Google DeepMind Executive Predicts $1 Trillion AI Capex by 2026

A Google DeepMind executive is projecting that AI-related capital expenditures could hit the trillion-dollar mark by 2026. The key variable in that equation isn’t just bigger models or faster chips. It’s something called recursive self-improvement, or RSI, which the executive considers the new AGI.R

Apple Challenges UK Government Over Encrypted Data Access Demand

Apple is taking the UK government to court over a demand that would effectively punch a hole through its encryption protections. The company filed a legal complaint challenging a Technical Capability Notice (TCN) issued by British authorities in January 2025, which ordered Apple to provide access to

Bitcoin ETF sees $210M daily net outflow, $18.8M over 7 days

Odaily Planet Daily report: Lookonchain posted on X that as of the August 3 update: Bitcoin ETFs recorded a single-day net outflow of 3,321 BTC, valued at $210 million; a seven-day net outflow of 297 BTC, valued at $18.8 million. Ethereum ETFs recorded a single-day net outflow of 3,515 ETH, valued a

U.S. major indices open higher; Micron and SanDisk drop 5%

According to BIT market data, U.S. markets opened higher: the Dow Jones rose 0.52%, the S&P 500 increased 0.33%, and the Nasdaq gained 0.3%. Alibaba (BABA.N) rose 3.5% after launching the Qwen 3.8-MAX AI model. SpaceX (SPCX.O) fell 3%. Storage-related stocks declined, with Micron Technology (MU.O) d

Mastercard Completes $1.8B Acquisition of Stablecoin Firm BVNK

Mastercard has closed its acquisition of BVNK, the London-based stablecoin infrastructure provider, in a deal worth up to $1.8 billion. The transaction, which wrapped up ahead of its original timeline, represents the largest acquisition in the stablecoin sector to date.The acquisition breaks down in

White House to Discuss AI Regulation Framework with OpenAI, Google, Anthropic

Odaily Planet Daily reports that, according to sources familiar with the matter, the Trump administration has invited representatives from major tech companies including OpenAI, Google, and Anthropic to the White House on Tuesday to review a finalized AI regulatory framework.The framework is expecte

SOL meme coin CATE market cap surpasses $64M, daily gain exceeds 220%

Odaily Planet Daily reports, according to GMGN data, the SOL meme coin CATE briefly saw its market cap surge past $64 million, with a daily gain exceeding 220%, currently trading at $63 million.Previous message: DOGE's owner clarifies: CATE is unrelated to me; I only recognize the official projects

U.S. July PMI Stable, but Growth Warnings Emerge

ME News reports that on August 3 (UTC+8), Chris Williamson, Chief Business Economist at S&P Global Market Intelligence, stated that although U.S. PMI data for July remained stable, underlying survey figures revealed warning signs for future growth trajectories. Production growth slowed noticeably in

Global Memory ETF Adds ChangXin Technology, China’s DRAM Leader Gains International Attention

BlockBeats news, on August 3, the world’s first pure memory-themed ETF, the Roundhill Memory ETF (DRAM), completed its latest rebalancing, adding Chinese DRAM manufacturer CXMT to its top ten holdings with a weight of 2.52%, making it the eighth-largest holding.Data shows that DRAM reduced its holdi

Elon Musk says SpaceX's current stock price represents a "crazy opportunity"

Huo Xing Finance reports that on August 3, Gali, host of the HyperChange podcast, posted on social media that SpaceX’s current downward price trend may, in hindsight, be seen as a “crazy opportunity,” attaching a chart of SpaceX’s stock price. Elon Musk responded with “I think so.” The accompanying

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