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ChainCatcher message, according to a report by The Block: Axis Robotics, a Physical AI data engine company, has completed a $12 million seed round of financing led by Hack VC, with participation from Nomad Capital, Pi Network Ventures, 10K Ventures, and others.
Axis plans to build a large-scale global data engine with “human-in-the-loop” participation to address challenges such as the scarcity of robot training data, difficulty in generalization, and issues with adapting to different hardware. Its platform covers task generation, simulated remote teleoperation, mobile-based Ego data collection, and an automated data cleaning/labeling pipeline. It currently has more than 100,000 active data contributors and can generate about 1,200 hours of simulation data and 20,000 hours of real-world scenario data each month. It has also established commercial partnerships with multiple hardware and industrial customers, including Booster Robotics and Geely Auto.

A ChainCatcher report citing The Block: Kraken’s parent company Payward has agreed to acquire Magic Labs’s embedded wallet business. The transaction will be carried out as an asset sale, and both parties will maintain independent corporate structures.
Magic Labs has created more than 60 million wallets since 2018 and serves over 200,000 developers. After the transaction is completed, the wallet customers will be migrated to Payward Services; Magic Labs will be renamed Newton Labs, focusing on developing the Newton Protocol—a permissioned on-chain financial layer that executes compliance, security, and risk-control strategies in advance before transactions are recorded on-chain. Newton Labs’s first product based on this protocol is VaultKit, designed for institutional treasury custody scenarios.

ChainCatcher message: Tether announced that its gold-backed digital asset XAU₮ has received an Islamic law compliance certification from Amanah Advisors. The certification was led by Mufti Faraz Adam. The approval confirms that XAU₮ complies with the core principles of Islamic finance.
XAU₮ is issued by TG Commodities, S.A. de C.V. Each full token represents direct ownership of the underlying physical gold held in a Swiss vault. The certification requirements include genuine ownership of the physical gold, clear and verifiable asset backing, no interest, no leveraged or speculative derivative products, and transparent reserve structures.

The U Card product is expanding, and market competition is changing as well. Factors such as account opening thresholds and application efficiency determine whether users take the first step; after real daily usage begins, the linkage between the payment card and existing asset accounts—as well as the stability of payment, management, and exception handling—will further influence long-term choices.
Helping stablecoins flow naturally into everyday spending is becoming an important product value for the platform’s native card. These offerings are driving U Card from being an independent spending tool toward an account service: users can transfer funds, manage cards, and query spending history within the existing account framework, reducing the need to switch between digital asset platforms, external wallets, and standalone card services.

ChainCatcher message, according to the Bloomberg Billionaires Index, after Zhaoxin Technology went public, CEO Zhu Yiming’s net worth surged by nearly 300%, reaching $13.9 billion.
In the company’s IPO prospectus filed in May, Zhu Yiming pledged to transfer 767.9 million shares for an employee incentive plan. After the stock price jumped 466% on the first day of Zhaoxin Technology’s listing, the value of these shares has reached $5.6 billion. Put another way, about 40% of Zhu Yiming’s wealth would be distributed to employees as bonuses.
Meanwhile, Zhu Yiming also promised not to reduce his shareholding for 10 years. However, Zhaoxin Technology’s bonus plan has specific conditions, including vesting after three years, a ten-year payout period, and an unclear scope of beneficiaries. As of the end of 2025, the company had 19,298 employees.

ChainCatcher report: NVIDIA CEO Jensen Huang posted a second tweet on X announcing the establishment of the “Open Secure AI Alliance,” aiming to unite global tech companies to jointly develop secure technologies and tools for protecting AI software and AI Agents.
Jensen Huang said that attackers already have cutting-edge AI capabilities, and that defenders need to build a state-of-the-art AI ecosystem driven by the global community, combining the strengths of open- and closed-source models to enhance AI security capabilities.
He pointed out that in the earlier Hugging Face security incident, closed-source AI limited crucial forensics work, while state-of-the-art open-weight models helped the team contain the intrusion—this is also why they established the Open Secure AI Alliance.

ChainCatcher message: DGrid, a decentralized AI infrastructure network, announced an official partnership with Meituan LongCat and has already released the Meituan LongCat-2.0 model. Starting today, global developers and AI agent builders can access this model via the DGrid decentralized AI Gateway with low cost and high availability.
LongCat-2.0 is built specifically for agentic coding (intelligent agent programming) in real-world scenarios. It uses a 1.6T-parameter architecture with around 48B activations, supports efficient reasoning over a 1-million-token long context, and improves the processing speed of long-text workflows through LongCat Sparse Attention. The model integrates agent, reasoning, and interaction capabilities into one, demonstrating strong performance in code understanding, generation, and execution.

ChainCatcher message: as U.S. government debt continues to rise, investors are refocusing on scarce assets such as Bitcoin and gold, viewing them as tools to hedge against declining purchasing power of the U.S. dollar. Data from the U.S. Treasury shows that, as of last Friday, U.S. federal debt had risen to a record $39.7 trillion. Some market participants note that U.S. government debt is currently increasing by about $7 billion per day; based on market value, the scale of this incremental amount already exceeds that of most crypto assets.
The founder of LondonCryptoClub said that the rate of U.S. debt growth is driving the so-called “currency devaluation trade,” where investors buy assets with limited supply—such as gold and Bitcoin—to deal with the risk of fiat currency losing value over the long term. The organization believes that in a “fiscal dominance” environment, Federal Reserve policy may be influenced by the government’s funding needs. Interest rates may need to be kept at relatively low levels, while liquidity is continuously provided to help with debt refinancing.

ChainCatcher message: QCP Capital released its latest Market Colour report. It said that last Friday, the US stock market traded mixed. The S&P 500 rose 0.05% to 7,412, the Nasdaq fell 0.64% to 24,976, and the Dow Jones gained 0.46% to 51,947. Market focus remains on the path of interest rates. The report noted that the US 10-year Treasury yield fell to around 4.67% last Friday after having risen to the highest level since January 2025 at one point. Weakness in oil prices provided some support to yields. The US Dollar Index (DXY) remained stable, hovering around 101.4.

ChainCatcher message: On Friday, the European Securities and Markets Authority (ESMA) updated the temporary MiCA registration list, adding 15 licensed crypto-asset service providers (CASPs). The total number on the list has reached 309. New institutions include BNY SA/NV, the Belgian subsidiary of U.S. banking giant BNY Mellon.
The newly added list includes four banking institutions, three of which are from Germany, along with digital asset platforms such as BitPay, Coinify, and Bleap. Germany and Denmark each added three CASPs, Bulgaria and Latvia added two each, and Belgium, Cyprus, Liechtenstein, and the Netherlands each added one. ESMA said that this update did not change other MiCA-related registration lists, including asset-referenced token (ART) issuers, electronic-money token (EMT) issuers, and crypto-asset authorized issuers, as well as the list of non-compliant entities. After the transition period ended on July 1, ESMA’s second update previously added 14 CASPs, including Ripple Payments Europe.

ChainCatcher message: As the TRON DeFi Summer S1 enters its final sprint, JustLend DAO announced that it will host a “High Light Night” in-depth roundtable discussion on July 28 at 20:00 (SGT) on X Space. The event features several industry heavyweight guests who will focus on JustLend DAO’s core product matrix, including its borrowing and lending market, Staked TRX, and energy leasing, providing a comprehensive breakdown of the synergistic effects of assets such as USDD, SUN, and JST within the TRON DeFi ecosystem. At the event, the guests will guide you through a one-stop “trio” of strategies—asset yield, liquidity release, and on-chain resources—aimed at helping DeFi participants at different stages clearly understand the multiple application scenarios of TRON’s core assets and the flow of value they create. Please tune in to the official X Space on July 28 at 20:00 (SGT) to jointly review the highlight chapter of the TRON DeFi ecosystem.