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07-27

Galaxy Research Cuts CLARITY Act Passage Odds to 30% Amid Senate Disputes

Galaxy Research lowered its estimate for the CLARITY Act becoming law in 2026 to 30% after lawmakers released final text of the crypto market structure bill, with unresolved disputes threatening the bipartisan support needed for passage.Key TakeawaysGalaxy Research reduced its CLARITY Act passage es

POSCO International and LG CNS Pilot Trade Receivables Tokenization on the Injective Blockchain

According to CoinDesk, South Korea’s largest trading company, POSCO International, is collaborating with LG CNS, a technology subsidiary of the LG Group, to pilot the tokenization of real-world trade receivables on the Layer-1 blockchain Injective. The project aims to accelerate commercial payment p

Nomura sets a 116 RMB target price for CXMT, valuing it at 7.76 trillion RMB.

BlockBeats report: On July 27, Nomura initiated coverage of CXMT with a target price of RMB 116, representing a 20x P/E ratio—twice the valuation of Micron.This represents a 13.4-fold increase from the IPO price, with a market capitalization of approximately RMB 7.76 trillion.

Storj Labs Files for Chapter 11 Bankruptcy in the U.S., Operations to Continue

According to Huoxing Finance, on July 27, Storj Labs, the parent company of the decentralized cloud storage project Storj, announced it has voluntarily filed for Chapter 11 bankruptcy reorganization under U.S. bankruptcy law to address historical debts and continue operations. The company stated tha

U.S. Lawmakers Propose Bipartisan AI Kill Switch Act Following OpenAI Model Incident

Huo Xing Finance reports that on July 23, U.S. Representatives Ted Lieu (Democrat) and Nathaniel Moran (Republican) introduced the bipartisan AI Kill Switch Act. The bill requires developers of advanced or frontier AI systems to maintain the technical capability to throttle, pause, or fully shut dow

Singapore Tightens Monetary Policy Amid Rising Inflation Risks

Singapore just pulled a lever it hasn’t touched since 2022. The Monetary Authority of Singapore tightened monetary policy on April 14, 2026, steepening the slope of the Singapore dollar nominal effective exchange rate policy band, the central bank’s primary tool for managing inflation in one of Asia

Coinbase CEO: AI Will Make Cryptocurrency More Important, Building Agentic Finance

Odaily Planet Daily reports that Brian Armstrong posted on X: “If you’re in crypto, shift to AI” is a flawed worldview—it reflects zero-sum, scarcity thinking. Cryptocurrency is a general-purpose technology and infrastructure, similar to electricity or the internet; it does not compete with the next

ChangXin Tech stock contract surges on trade.xyz, briefly hits $7

Odaily Planet Daily reports: On July 27, less than two hours before Changxin Technology's official listing, its stock contract on trade.xyz surged rapidly over a five-minute period, briefly exceeding $7 and currently trading at $6.97, up 9.44% in the past hour.

Garden HTLC Under Attack, $450,000 USDT Stolen Across Chains

ChainCatcher report: According to Blockaid monitoring, Garden's HTLC is under attack, with approximately $450,000 in USDT stolen across Ethereum, Base, Arbitrum, and BNB Chain. In response, Garden tweeted that it has detected unusual activity, temporarily shut down the application, and initiated a f

Major Token Unlocks for FF, KMNO, EIGEN, and Others This Week

According to Token Unlocks data, significant token unlocks are upcoming this week for FF, KMNO, EIGEN, and others. SIGN will unlock on July 28, valued at approximately $3.36 million, representing 15.71% of the circulating supply; XPL will unlock on July 28, valued at approximately $1.08 million

Coinbase CEO Brian Armstrong Claims AI Boosts Crypto's Relevance

Brian Armstrong wants you to know that AI isn’t coming for crypto’s lunch. It’s ordering more food.The Coinbase CEO took to X on July 26 to lay out his case that artificial intelligence doesn’t diminish cryptocurrency’s relevance. Quite the opposite: he argues AI makes crypto more important than eve

POSCO International and LG CNS Launch Blockchain-Based Trade Receivables Pilot

According to ME News, on July 27 (UTC+8), South Korean trading company POSCO International, in collaboration with LG CNS, launched a pilot to deploy real-time trade receivables onto the Injective blockchain to accelerate payment processes among its global subsidiaries. The parties placed the receiva

Atoms Completes $1.7 Billion Equity Financing for Industrial AI and Physical Automation

ChainCatcher reports that Atoms, the holding company of Uber co-founder Travis Kalanick, has completed a $1.7 billion equity financing round led by Andreessen Horowitz (a16z), with participation from Bain Capital, Fifth Wall, Uber, and others. Ben Horowitz will join the board. The funds will be used

NVIDIA to Provide a $25 Billion Financial Guarantee for OpenAI’s Data Center Project

According to the Wall Street Journal, NVIDIA (NVDA.O) is negotiating to provide approximately $250 billion in financial guarantees to support OpenAI’s massive data center project, which would become one of the largest financial transactions in the U.S. AI boom. According to people familiar with the

NVIDIA to Acquire a $1 Billion Stake in South Korean Internet Portal Operator Naver

BlockBeats news, on July 27, NVIDIA will acquire $1 billion worth of shares in South Korean internet portal operator Naver, while Naver will cancel treasury shares worth 1 trillion Korean won.Affected by this news, Naver's stock in South Korea opened 8% higher.

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