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07-30

Base Co-Founder: The Base Ecosystem Fund Supports Global Developers; Most Teams Are Unrelated to Coinbase

Odaily Planet Daily reports: Jesse Pollak, co-founder of Base, posted on X that from its inception, Base made it clear to its team and Coinbase that every possible effort must be made to support developers, as developers will create the products that drive the world onto the blockchain. One key way

U.S. market opens with AI stocks soaring, Arm jumps 16.5%

Odaily Planet Daily report: According to MSX.COM data, at the opening of U.S. markets, the Dow Jones Industrial Average rose 0.58%, the S&P 500 increased 0.91%, the Nasdaq Composite gained 1.64%, and the VIX volatility index fell 8.47%. AI-related stocks surged broadly, with Arm up 16.5%, CoreWeave

AI-Focused Hedge Fund Monitors Situation and Liquidates Positions Following Significant Losses

Odaily Planet Daily reports that, according to insiders, Situational Awareness, a hedge fund founded and managed by former OpenAI researcher Leopold Aschenbrenner with assets under management of $24 billion, is gradually closing out multiple positions and working to raise capital following sharp dec

Nscale to Acquire Anyscale for $1.65B to Build End-to-End AI Cloud Platform

Nscale, the UK-based AI cloud platform, announced on July 30 that it will acquire Anyscale, the software startup behind the widely used Ray framework for scaling AI workloads across GPUs. The deal is expected to close in the second half of 2026, pending regulatory approvals.While Nscale didn’t offic

X Launches P2P Payment Feature Without Crypto Support

X just became a bank. Well, sort of.The platform formerly known as Twitter has rolled out X Money, an in-app digital wallet and peer-to-peer payment service that lets US users send money to each other, pay bills, and manage deposits directly inside the app. It’s the first major American social media

Chicago Fed Labor Market Indicators Drop to 4.13% in July

The Federal Reserve Bank of Chicago released its advance Labor Market Indicators for July on Wednesday, clocking in at 4.13%. That’s a modest decline from the 4.19% reading in the prior period.The Chicago Fed’s LMI tracks three core components: layoffs and other separations, the hiring rate for unem

Six major crypto protocols generated $7.42 billion in revenue in 2026, but token prices still declined.

Author: Castle LabsCompiled by: Jiahuan, ChainCatcherThis year, crypto protocols have collectively generated $7.42 billion in revenue. Despite these impressive figures, the prices of most crypto tokens still do not reflect the success of the underlying protocols.The reason is that not all revenue ho

Meta and Google Adjust AI Computing Allocation and Capital Expenditure Plans

Odaily Planet Daily reports: At the company’s second-quarter earnings call, Meta CEO Mark Zuckerberg stated that Meta currently does not sell computing power to customers, but such a business is in planning. He noted that Meta’s substantial computing resources will be used to train AI models, suppor

Polymarket to Use TWAP for Settlement, Adds $1M Liquidity Rewards in August

Odaily Planet Daily report: Polymarket developers posted on X that, to enhance resistance to manipulation in cryptocurrency price movement markets, settlement for affected markets will change from a single price snapshot to a time-weighted average price (TWAP) starting August 7, 00:00 UTC. The 5-min

U.S. June PCE Turns Negative for the First Time Since 2020; Q2 GDP Slows but Domestic Demand Reaches Two-Year High

BlockBeats report: On July 30, the U.S. June PCE price index fell 0.1% month-over-month, marking the first monthly decline since the outbreak of the pandemic in 2020; the year-over-year increase slowed from May’s three-year high of 4.1% to 3.7%. Core PCE rose just 0.1% month-over-month, with the yea

MetaEra: Pre-market semiconductor and storage stocks surge, ARM up 11%

ME News report, July 30 (UTC+8): According to BIT (bit.com) market data, pre-market trading in the U.S. saw expanded gains in the semiconductor and memory sectors, with the following movements: ARM’s gain expanded to 11%, after previously falling nearly 8%; Lam Research (LRCX) rose over 13%; follow

FCC Bans Import of Chinese Advanced Robots and Connected Inverters

ME News reports that, as of July 28 (UTC+8), the U.S. FCC has banned the import of China’s new "advanced robotic devices" and connected power inverters, citing concerns over supply chain disruptions, data theft, and cyberattacks. The ban covers nearly all software-controlled ground robots weighing o

Polymarket to Upgrade Settlement Rules for Crypto Bull-Bear Markets

ChainCatcher report: According to official announcements, the prediction market Polymarket has declared a major adjustment to its settlement mechanism for crypto price movement markets, effective August 7, to safeguard market integrity. Starting at 00:00 UTC on that day, affected markets will no lon

Fortitude Mining Buys 9,000 Antminer Z15 Pro Units for $31.5M Zcash Expansion

Fortitude Mining just dropped $31.5 million on Zcash mining hardware. The Digital Currency Group subsidiary signed an agreement with Bitmain to purchase 9,000 Antminer Z15 Pro units at $3,499 per machine, a deal that positions the company as one of the most aggressively expanding miners in the priva

Federal Reserve Holds Interest Rates Steady Amid Persistent Inflation

The Federal Reserve kept its foot on the brake again. On July 29, the FOMC voted to hold the federal funds rate at 3.5%-3.75%, the fifth consecutive meeting without a change.Three officials wanted to go the other direction and hike rates by 25 basis points. That 9-3 vote split reflects the internal

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