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07-22

Amazon Slashes Jobs in General AI Division Amid Ongoing Restructuring

According to ME News, on July 22 (UTC+8), Amazon (AMZN) conducted layoffs within its Artificial General Intelligence (AGI) division on Wednesday, marking the latest in a series of smaller-scale layoffs following a major round in January. “We have been building large AI models for years, and this rem

Reddit shares drop over 10% as it considers ending its data deal with Google

At the open of trading, Reddit shares dropped more than 10%, hitting a low of $166.13. Reddit’s leadership is considering revoking Google’s access to its platform, as both parties are currently negotiating the renewal of their existing data licensing agreement. In 2024, Reddit signed an agreement wi

Digital Asset Raises $365M in Funding Round with Shinhan and Standard Chartered

Digital Asset has bumped its latest funding round to $365 million after adding Shinhan Financial Group and Standard Chartered’s SC Ventures, strengthening institutional support for its Canton blockchain aimed at regulated finance. The company confirmed that Shinhan and SC Ventures joined an already

Bitcoin analysts identify $68,000 as a key resistance level amid ETF inflows.

BlockBeats report: On July 22, Bitcoin rose above $65,800, reaching its highest level in over a month. U.S. spot Bitcoin ETFs recorded net inflows for the sixth consecutive trading day, with $203 million流入 on Tuesday, bringing total inflows since July 13 to approximately $779 million. On the same da

Gold and silver prices surge as mining stocks rally

On July 22, spot gold rose above $4,100, and spot silver broke through $60 per ounce, reaching its highest level since July 10. This drove a broad rally in gold and silver stocks, with Coldoron Mining, Ashanti Gold, and New Pacific Metals all rising over 5%. Harmony Gold, Kinross Gold, Eagle Mineral

US Treasury 30-Year Bond Yield Above 5% for Longest Streak Since 2007

The 30-year yield hit an intraday peak of 5.19% on May 19, 2026, its highest reading since the summer of 2007. As of July 22, 2026, it was sitting at approximately 5.14%, having climbed roughly 0.19 to 0.20 percentage points since mid-June.How we got hereThe move higher began in mid-May, driven by a

Crypto Lobby Sues Illinois Over 0.2% Digital Asset Tax

Crypto lobby group The Digital Chamber (TDC) has moved to block Illinois state’s 0.2% blanket digital asset tax rule. In a lawsuit filed in Sangamon County, Illinois, the trade group argued the move would “address the unfair tax burden” the crypto tax rule would impose on users and businesses in the

Bitcoin reaches over a one-month high; $68,000 becomes key resistance level

According to The Block, Bitcoin rose above $65,800 on July 22, reaching its highest level in over a month and posting a monthly gain of approximately 2%. Spot Bitcoin ETFs recorded net inflows for the sixth consecutive day, with net inflows of $203 million on Tuesday alone. Spot Ethereum ETFs saw ne

FATF Report: DeFi with Identifiable Controllers Should Be Regulated as VASPs

Huoxing Finance reports that, in a report released on Tuesday, the Financial Action Task Force (FATF) stated that its rules already apply to DeFi arrangements if identifiable individuals retain "control or sufficient influence," regardless of how decentralized the project claims to be. FATF noted th

TurboFlow, Polymarket, and Robinhood: A Comparative Analysis of Short-Term Event Contracts

If you only look at the trading interface, short-term event contracts seem to all be answering the same question: Will the price be higher or lower in a few minutes, or even seconds? The differences only become apparent after placing an order. Details such as who provides the quotes, whether the con

SEC Commissioner Hester Peirce Warns Crypto Vaults and Onchain Lending May Be Securities

SEC Commissioner Hester Peirce has signaled that crypto vaults and onchain lending strategies may fall under federal securities laws, adding one of the industry’s most closely watched voices to the debate over how decentralized finance products should be classified in the United States.TLDR KEYPOINT

FATF Report: DeFi Projects with Identifiable Controllers Should Be Regulated as VASPs

ChainCatcher report: In a report released on Tuesday, the Financial Action Task Force (FATF) stated that its rules already apply to DeFi arrangements if identifiable individuals retain "control or sufficient influence," regardless of how decentralized the project claims to be. FATF noted that many D

Zhibao Technology Enters Non-Binding Term Sheet for $4B Bitcoin PIPE Deal with Joyer Tech

A $4 billion Bitcoin-backed PIPE deal sounds like the kind of announcement that would send a stock into orbit. For Zhibao Technology, a NASDAQ-listed insurance technology company, it would also represent a financing figure roughly 135 times the company’s most recently reported half-year revenue. Tha

Coinbase Settles FOIA Lawsuit with SEC for $150,000 Amid Stock Dip

Coinbase has settled its Freedom of Information Act [FOIA] lawsuit against the U.S. Securities and Exchange Commission [SEC], with the regulator agreeing to pay $150,000 and strengthen its record-retention policies.The settlement stems from Coinbase’s request for records related to the SEC’s approac

Super Micro Computer surges 25%, largest gain since 2024

BlockBeats news, on July 22, according to BIT (bit.com) market data, Super Micro Computer (SMCI) surged by 25%, marking its largest gain since 2024.On the news front, the company previously stated that its backlog reached a record high at the end of fiscal year 2026, with total new orders in the fou

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