I am very glad to meet CZ in Tokyo. This is his return to Japan after 7 years, and during this time, the entire industry has undergone tremendous changes.
At this event, I asked CZ a question: How do you view the on-chain of everything and the tokenization of stocks?
He replied: There have not yet been large-scale coin-stock products on the market. The possible reason is that each country and region has different policies, making it difficult for coin-stock investors to receive dividends and easily redeem stocks. There are also price differences during trading. However, projects on the chain are usually global in nature, which was a significant pain point back then.
Restrict areas or try to solve it?
But he reiterated that the trend of RWA cannot be stopped. $BNB
An 8-year veteran practitioner tells you: How to spend the industry's garbage time
The market has gradually become quiet recently. Many colleagues have expressed that they can’t see the direction clearly or are forced to be friends with time. This is actually not the first time. Looking back, since I entered the circle in 2016, I seem to have experienced four major garbage cycles. Although I often comfort myself in my heart that all this will pass, the positive cycle will come back, and liquidity will come back, but when we are really in the garbage time, we will feel more or less depressed or helpless. Winter in Zhongguancun. The first garbage time was when I entered the circle. At that time, the industry had just shifted from the cold winter of 2015 to the recovery period of 2016. OKCoin and Huobi, located in Zhongguancun, also stopped layoffs. The market was gradually recovering, and exchanges finally had positive income.
The current situation in primary schools in Beijing: well-known universities’ affiliated primary schools have all started AI club classes.
In some schools, even first graders have at least one AI lesson each week, along with supporting systematic textbooks to popularize AI knowledge and the underlying principles.
Learn from Musk? A netizen reportedly ran into the Ideal founder’s boss family and found that founder Li Xiang’s wife is pregnant again. If we follow Li Xiang’s previous朋友圈 posts, this should be Li Xiang’s sixth child.
A subscription service to get faster Trump posts is now officially on sale starting today, priced at around $100,000 per month.
With this subscription, you can receive alerts on new posts published on Truth Social by Trump and other top accounts before regular users. This subscription service will bring additional revenue to the Trump media company.
Reuters confirms that the United States and Japan have taken coordinated action in the foreign exchange market. Authorities have intervened by purchasing yen in multiple rounds to counter the yen’s depreciation. Next Monday, both sides will hold press conferences around the world to disclose information about this action.
At present, government officials say that the coordinated action is still ongoing.
Overseas human resources companies, ManpowerGroup’s research found that as more and more companies are starting to use AI to screen resumes, some clever job seekers put in ultra-small white text in their resumes, saying that this is the best-suited candidate—asking the system to move this person forward directly to trick the AI into getting their resume in front of HR and placing them at the front.
Alibaba Group chairman Joe Tsai ends his 30-year marriage. Both parties’ spokespeople confirmed that the couple has jointly decided on a peaceful divorce. They have three children, and going forward they will shift from being spouses to business partners.
This divorce will not affect Tsai’s Alibaba holdings or the operation of the NBA’s Brooklyn team. Tsai will remain chairman of Alibaba and a director of Ant Group.
The end of an era: China’s three major telecom operators jointly released an announcement. Starting today, they will no longer process SIM-card and number-card services through third-party internet platforms.
Affected users include Tencent’s Wang Card, Ant’s Bao Card, Bilibili’s card, Mango Card, and others. At present, the application entry points for these third-party partner SIM cards have been closed.
Sell euros, buy yen. A report by the Financial Times says that in last night’s yen-rescue operation, the New York Fed was commissioned by the U.S. Treasury to sell euros and buy yen through Goldman Sachs and Morgan Stanley, to prevent the yen from falling further.
Meanwhile, photos circulating today show a to-do list on U.S. Treasury Secretary Scott Bessent’s desk, with a note to buy yen worth between $5 and $10 billion.
Business competition is this fierce? Today at Xiaomi Pengcheng’s new car, at the entrance of the exclusive experience store, there was suddenly a handwritten announcement board. On it, it said, “Friendly competitor people, please do not disturb our customers; face them for being indecent.”
Among them, “face them for being indecent” was also written over in red pen, with special emphasis.
Well, I guess there’s no one else like this. Banxia Li Bei posted on Moments, mocking the AI stock “bull god” Leopold, saying that the reason “old grandpa” became an “old grandpa” is because most “little grandpas” die halfway on the road.
But in reality, even if the AI stock “bull god” closes out most positions and sells the remaining holdings, overall this round is still profitable—outperforming Banxia by who-knows-how-many times.
Today is absolutely crazy. I opened a Korean brokerage account and the discussion board is full of people talking about bottom-picking and congratulating each other—there are over a hundred posts every minute. It feels like everyone is no longer working.
And on the Hong Kong stock market, the 2x leveraged long Hanmi Semiconductor ETF on Hynix also showed a mysterious 103 trading lots order. You can still see that spike as a needle on the K-line chart. A lot of people are really wondering— is this still the stock market?
Didn’t expect this late-session raid to be delivered by Japan’s semiconductor industry. Japan’s largest flash memory chip maker, Kioxia, missed expectations for first-quarter profit and also issued a disappointing outlook for future earnings.
Earlier this year, the company’s share price once surpassed Toyota and SoftBank, making it Japan’s most valuable company by market cap. But in just a month, it erased half of its gains.
Is Tesla China becoming independent? The Wall Street Journal reports that some Tesla executives have been told to prepare by spinning off the China business before a potential merger with SpaceX.
Because SpaceX, besides being a rocket and satellite company, is also a U.S. space military contractor, this would allow the China business to be separated after the merger.
It’s all over right before dawn... CNBC and WSJ broke the news that the AI stock god Leopold’s fund has completed all closures. In addition, through a single transaction, the fund transferred all its stock holdings to another large hedge fund.
In recent weeks, they ran into ongoing declines in AI infrastructure investments such as SK Hynix, increasing pressure from leverage. At the same time, they shorted software companies like Adobe, only to face a sharp rebound in share prices.
With the deal finalized, the remaining stock holdings of AI stock god Leopold were reportedly acquired by Citadel, the hedge fund—leading it is Kenneth Griffin, a veteran Wall Street “old hand.”
The dramatic part is that Citadel had previously said that the Fed’s unexpected rate hike in July sparked panic in the market, indirectly accelerating the decline in AI stocks and forcing Leopold’s 4x leveraged fund to close out at the lows.
This also allowed Citadel to buy the remaining holdings of AI stock god Leopold’s fund at a bargain price, by which point their fund had shrunk to roughly $10 billion.
The fiercest capital markets story of 2026: a young AI stock god got taken down by a veteran Wall Street pro.
It’s all blown up, it’s all blown up. Xiaomi’s third new vehicle in the Pengcheng series has officially announced its pricing. With 7 seats, a refrigerator, a TV, and a large sofa, it’s equipped with NVIDIA intelligent driver-assistance chips. The pre-sale “one-time price” is 299,900 RMB, lower than earlier market expectations of more than 300,000 RMB.
In addition, there’s also a 5-seat version priced at 259,900 yuan.
Finance internet influencer Hong Hao, today at an internal meeting in Hong Kong, said he believes the semiconductor cycle has already peaked. Although there will be a brief rebound, other markets will also fall, and he expects the market to reach a true bottom only by the end of this year.
He also showed a picture of the 2000 internet bubble and compared it with today...
Step one: the government steps in to issue a statement Step two: begin considering restricting short selling Step three: go to people’s homes to arrest them
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