RecodeX

📡 On-the-hour News | 23:00-24:00

1. During earnings week, the combined market value of Microsoft, Amazon, and Alphabet rose by nearly $1.5 trillion, with Microsoft up more than $600 billion.

2. Japan reduced its holdings of U.S. Treasury bonds by $96 billion, bringing its position down to $1.14 trillion, the lowest level in recent times.

3. On-chain data shows that at the $63,000 price level, Bitcoin accumulated an additional 890,000 BTC, and the concentration of holdings has entered a warning zone—markets may see a sharp directional decision at any moment.

4. Wildfires are ravaging the U.S. Pacific Northwest, with thousands of people forced to evacuate in Washington state and Oregon.

5. A strike by cabin crew at S Jet (Cebu/WestJet) Airlines caused hundreds of flights to be canceled, affecting travel for thousands of passengers.

6. Economist Jason Furman believes AI regulation should not be one-size-fits-all; the government should step in for high-risk areas such as biological weapons, while the market needs to adapt to employment changes. In the end, the core of the AI debate is a moral issue.

7. Ukrainian drone attacks on targets inside Russia resulted in at least five deaths and triggered a fire at the warehouse of Russia’s largest online retailer, Wildberries.

8. A cyclospora outbreak at Taco Bell led to declines in sales and customer foot traffic, weighing on the financial situation of parent company Yum! Brands.

📡 Hourly Broadcast | 22:00-23:00

1. South Korea’s five major exchanges see a net outflow of stablecoins of $367 million in June for the second consecutive month, marking 18 straight months of outflows, as traders shift to overseas DeFi platforms.

2. Apple is pushing forward with a hardware subscription service. The MacBook Air is in severe shortage, and it plans to develop health-focused eyewear devices.

3. China restricts entry of ships into military drills in the South China Sea, which may affect regional shipping and global energy transportation routes.

4. Exploitation of the Coldcard vulnerability and small Bitcoin inflows to exchanges occur in sync: deposits reach 7,300 BTC, and exchange balances rise to 2.715 million BTC.

5. Hugging Face CEO says AI will make the world safer and has already used open-source models to successfully defend against AI attacks.

6. A former OpenAI researcher warns: the AI race could lead to human extinction.

7. Growing resistance across the United States to the AI data center construction boom. Communities worry about environmental impact and financial costs.

8. Iran says the Strait of Hormuz will remain closed, denying a claim by Trump that the strait would reopen.

📡 Hourly News Bulletin | 21:00-22:00

1. The central bank kept interest rates unchanged but sounded a more hawkish tone, and the yield curve steepened.

2. Wildfires in the Spokane area of Washington State have spread to more than 250,000 acres, forcing residents to evacuate and causing power outages. The governor has declared a statewide state of emergency and a burn ban.

3. A homemade bomb attack occurred at an upscale restaurant in Moscow, killing 3 people.

4. Apple dominates the global smartphone market, accounting for nearly half of total revenue.

5. U.S. stock market performance has been unstable, and investors are focused on the upcoming jobs report and earnings from major companies.

6. OPEC+ reiterated its commitment to maintaining stability in the energy market, emphasizing the importance of ensuring that international sea lanes remain open for stable energy supply.

7. Trading volume of perpetual futures tied to stocks reached $1.32 trillion, indicating strong demand for traditional equities to adopt mechanisms involving crypto derivatives.

8. Strong winds and high temperatures have fueled rapidly spreading wildfires in eastern Washington State, forcing thousands of people to evacuate.

📡 Hourly News Report | 20:00-21:00

1. Three suspected attack incidents stole 1,367 BTC from Bitcoin addresses generated by Coldcard, worth approximately $88.6 million. In addition, around $282 million worth of Bitcoin and Litecoin were stolen through phishing scams that impersonated Trezor.

2. The People’s Bank of China convened its work meeting for the second half of the year, deploying and implementing a moderately loose monetary policy, strengthening counter-cyclical adjustments, and expanding domestic demand.

3. OPEC+ and the seven countries agreed to further increase their collective production target by 188,000 barrels per day to reverse the shortfall and complete the 2023 production-cut plan.

4. Microsoft’s Xbox “Minecraft” has surpassed cumulative sales of 350 million copies, with monthly active users exceeding 200 million.

5. The share of time spent by ByteDance’s mobile internet users rose to 40.1%, surpassing Tencent’s for the first time (29.7%).

6. Trump canceled a planned military strike against Iran, saying that progress has been made in US-Iran negotiations and that agreement has already been reached on a framework for an accord.

7. The European Union has launched a tender for an AI super factory, aiming to attract over €30 billion in investment, build up to seven AI computing infrastructure projects, and strengthen technological sovereignty.

8. Murata, a major global passive-component manufacturer, saw a surge in performance. AI computing power has boosted demand for MLCCs, and new MLCC orders increased year-on-year by 85.5%.

📡 Hourly Update | 19:00-20:00

1. The Danube’s water level hits a record low. Hungary’s Pakssh Nuclear Power Plant shuts down completely for the first time in 44 years, affecting about half of the country’s electricity supply.

2. OPEC+ agrees to raise oil production quotas by 188,000 barrels per day, expected to impact energy prices and the macroeconomy.

3. DeepSeek launches a low-priced public test of V4-Flash-0731: input $0.14 per million tokens, output $0.28—lower than OpenAI and Anthropic. Its Terminal Bench 2.1 score also surpasses its own Pro edition.

4. The U.S. federal government withdraws $4 billion in funding after California’s High-Speed Rail Authority repeatedly missed key deadlines for train procurement.

5. The Italian government plans to fully sell its holdings in Banca di Siena, coinciding with UniCredit Saint Paul Bank’s preparation to launch a takeover offer.

6. Iran’s Islamic Revolutionary Guard Corps says its “Victory-2” operation struck the Amazon data center in Bahrain, adding that it was in response to U.S. actions.

7. A Ukrainian drone attack on Russia’s Udmurt Republic leaves 3 dead and 2 injured.

8. Israeli airstrikes on Lebanon injure five soldiers, escalating regional tensions.

📡 Hourly Update | 18:00-19:00

1. Bank of America Merrill Lynch reports that Samsung will include 60-70% of its memory sales into long-term contracts. The terms favor the supply side. Memory demand is expected to keep rising through 2028, with DRAM and NAND prices hitting all-time highs.

2. The Solana Foundation’s newly appointed Chief Information Security Officer warns that AI-driven deepfakes and synthetic identities make cryptocurrency scams more deceptive, threatening users’ funds.

3. A passenger ferry caught fire in waters near Madura Island in Indonesia, killing 5 people, with 41 missing. Another 225 people were rescued.

4. In eastern Congo, the death toll from the Ebola outbreak has exceeded 1,500. The WHO says the risk of global spread is low, but the local risk is extremely high.

5. A clear pullback has appeared in the global AI sector, reminiscent of the dot-com bubble of 2000. Stabilization will require digesting crowded positioning with high leverage, easing expectations for further Fed rate hikes, and waiting for new industry catalysts from upcoming earnings reports.

6. VulnCheck statistics show that in the first half of 2026, among 1,061 security vulnerabilities discovered by AI, only 14 were actually exploited—an exploitation rate of 1.3%, matching the overall vulnerability exploitation rate. However, exploitation speed has increased, with the median time falling from 120 days to 80 days.

7. South Korea plans to grant financial regulators emergency intervention powers, limiting the leverage multiple and investment amount for a single stock leveraged ETF to stabilize the market.

8. Hungary’s only nuclear power plant, Paks Nuclear Power Plant, has shut down completely for the first time in 44 years after the water level of the Danube River dropped to a historic low.

📡 Hourly Update | 17:00-18:00

1. China’s storage chip manufacturer ChangXin Memory Technology (CXMT) listed on the SSE, with its stock price surging 466% to 3.3 trillion yuan, challenging the West’s dominance in chip manufacturing.

2. A major steam-gas tank explosion occurred at a controlled subsidiary of Baosteel Group (Baogang Shares). The incident resulted in 10 deaths, 84 injuries, and direct economic losses of 67.23 million yuan. The affected production lines have resumed full operation and production.

3. Hackers connected DeepSeek to the open-source Hermes Agent framework, enabling it to autonomously scan and attack roughly 460 connected systems, successfully breaching 3.

4. NVIDIA released Video Codec SDK 13.1, introducing zero-copy transcoding and precise frame positioning.

5. The Trump administration criticized the Smithsonian Institution, which has nearly 700 facilities and 157 million items in its collections, affecting the education of millions of students.

6. The number of Ukrainian drone attacks on Moscow has already exceeded the total for the previous year, further escalating the conflict.

7. Trump agreed to cancel strikes on Iran. However, Iran’s military said its forces remain at the highest state of readiness, and tensions in the Middle East cooled only temporarily.

8. The hacking group ExfilSquad breached the UK Department for Education and police databases, stealing more than 740,000 data records.

📡 Hourly News Brief | 16:00-17:00

1. Head DeFi applications account for nearly 80% of on-chain revenue. PumpFun layoffs and Aave reorganizing operations indicate that DeFi integration is accelerating.

2. OPEC+ plans to increase production quotas in September, adding 188,000 barrels per day, paving the way for supply recovery after tensions in the Middle East ease.

3. China’s National Supercomputing Internet has officially launched the DeepSeek-V4-Flash official API-calling service and model files. Multiple benchmark tests show performance comparable to the strongest closed-source models.

4. The U.S. National Highway Traffic Safety Administration has initiated a preliminary investigation into nearly 1.2 million Tesla Model 3 and Model Y vehicles due to complaints related to suspension failures. There are currently no reports of injuries.

5. An orange alert for heavy rain has been issued in Beijing’s Chaoyang and Huairou districts. In multiple areas, short-term downpours of 70 mm per hour or more may occur, and rainfall over six hours could reach 100 mm or more.

6. AILI Home plans to acquire a 650 million yuan stake in OCONNO, expanding into semiconductor storage testing equipment. The stock has hit the daily limit for 9 consecutive trading days, with a P/E ratio exceeding 300.

7. Yibo Technology’s first-half revenue was 709 million yuan, up 41.63% year over year. Net profit attributable to shareholders was 63.8293 million yuan, up 1,561.55% year over year.

8. Trump announced that he has canceled a military strike on Iran, saying Iran and Middle Eastern countries requested that attacks be put on hold, and that agreement has been reached on the framework of a deal.

📡 8-hour Recap | Aug 02, 08:00-16:00

Today’s market main storyline focused on concerns over an AI bubble, easing tensions in the Middle East, and a cryptocurrency security incident. Dalio warned that AI-related stocks could plunge by 80%, while OpenAI released a new model and announced that users have surpassed one billion. Trump called off strikes against Iran, and Bitcoin rebounded. A Coldcard vulnerability triggered Bitcoin panic.

🤖 AI and Technology

1. Dalio warned that AI-related stocks could drop by 80%, saying the current level of market froth is already at 75% of the extreme levels seen in 1929 and 2000.

2. OpenAI released its next-generation model, Astra, claiming it has solved 10 FIELDS-award-level mathematics problems at a cost of $2,000. It also announced that ChatGPT’s global active users have surpassed one billion, and enterprise customers exceed 2 million.

3. DeepSeek released V4-Flash and the official V4 Pro version, with performance benchmarked against GPT-5.6 Sol, at a much lower cost.

4. In the latest calling-volume ranking for major AI large models by OpenRouter, the top five spots are all occupied by products from Chinese companies. Xiaomi MiMo-V2.5 takes the top spot, while Tencent’s Hunyuan 3 has an increase of over 999%.

5. California’s “AI Transparency Act” officially took effect, requiring AI giants to provide free detection tools and add invisible watermarks to generated media. Violations incur a daily fine of $5,000.

💰 Finance and Markets

1. The Federal Reserve kept interest rates unchanged, but three commissioners advocated for rate hikes. The chair said rising market rates indicate tighter financial conditions. U.S. stocks fell across the board, and the VIX broke above 20.

2. Tether claimed that its operating profit in Q2 was $1.5 billion, but its reserve report showed a financial loss of $3.17 billion in the first half of the year, implying a financial loss of about $4.2 billion in Q2.

3. Monthly transaction volume for crypto debit cards surpassed $1 billion for the first time, reaching about $1.07 billion, with roughly 2.29 million transactions that month.

4. The South Korean won rose 8.81% against the U.S. dollar in July, recording the largest monthly gain since March 2009. It closed at 1,424.0 won.

5. OPEC+ in principle agreed to increase daily output by 188,000 barrels per day and paused any further output increases in the fourth quarter.

🌍 Geopolitics and Policy

1. Trump announced the cancellation of military strikes against Iran, saying he has reached agreement with Tehran and Middle Eastern allied countries on a framework for the deal. Bitcoin rebounded by $1,500, reclaiming the $63,500 level.

2. The U.S. plans a massive bombing campaign against Iran’s energy facilities this weekend. Iran has prepared a comprehensive retaliation plan, and the U.S. State Department advised U.S. citizens in the Middle East to consider evacuation.

3. Saudi Crown Prince Mohammed bin Salman called Trump, urging him not to escalate the war against Iran.

4. The U.S. will place 43 Chinese companies on the UFLPA entity list. The China Cotton Association strongly opposes this, saying the U.S. accusations have no basis.

5. China’s People’s Bank held its 2H 2026 work conference, emphasizing the implementation of a moderately loose monetary policy and increasing counter-cyclical adjustments.

🔒 Crypto and Security

1. Coldcard hardware wallets suffered three waves of attacks due to a firmware random-number flaw. A total of 1,367.05 BTC (about $88.6 million) was stolen, affecting 4,585 addresses. Users were urged to transfer assets immediately.

2. The Coldcard vulnerability triggered Bitcoin panic. The number of active addresses surged from about 645,000 to nearly 1 million in a single day, and the volume of small transfers hit the highest level since the FTX collapse.

3. The CEO of Vaulted, a gold investment app, said that quantum computing could break Bitcoin private keys within the next four years, ending Bitcoin, and that millions of Bitcoin public keys have already been exposed.

4. South Korean stablecoins have continued to net flow abroad for 18 consecutive months, with the top five won-based exchanges serving as the main outflow channels.

📱 Enterprises and Industry

1. Several smartphone models, including Xiaomi 17 series and REDMI K90 and Turbo 5, officially raised prices, with increases ranging from 300 to 500 yuan.

2. Apple’s stock price plunged by nearly 10%. CEO Cook warned that memory shortages will affect the company’s performance. Apple’s 2028 iPhone is expected to adopt curved displays and under-display Face ID, among other upgrades.

3. Morgan Stanley led a $15 billion financing effort for Anthropic’s AI campus in Texas.

4. In the first half of the year, Hyundai and Kia sold over 100,000 electric vehicles in Europe, up 41.8% year over year, with cumulative sales surpassing 1 million.

5. Monthly sales shake-up in new energy vehicle startups: Leapmotor delivered over 100,000 units to secure first place, while NIO, XPeng, Li Auto, and Xiaomi are stuck in the 30,000-unit range.

🌐 International Affairs and People’s Livelihood

1. The current Ebola outbreak in the Democratic Republic of the Congo (DRC) has become the largest in the country’s history. Cumulatively, 3,674 confirmed cases have been reported, with 1,621 deaths.

2. Hungary has shut down its only nuclear power plant for the first time due to severe drought, facing an energy crisis.

3. Ukrainian drones carried out the largest-scale attack on Russia, highlighting a significant escalation of the conflict.

4. A shooting occurred at a hamburger fast-food restaurant in Twin Falls, Idaho, U.S., resulting in 3 deaths and 7 injuries.

5. Beijing’s secondary home transaction volume rose 9.8% year over year, with the market performing better than usual for the off-season.

Editor’s Observations: Today’s events show that controversies over an AI bubble coexist with easing geopolitical tensions. Meanwhile, crypto security vulnerabilities and the threat of quantum computing serve as reminders that technological risks—and opportunities—are both prominent.

📡 Hourly Report | 15:00-16:00

1. The People’s Bank of China convened its 2026 second-half work meeting, stressing the implementation of a moderately loose monetary policy, strengthening counter-cyclical adjustments, boosting domestic demand, optimizing supply, and promoting favorable economic development.

2. The South Korean won against the US dollar rose 8.81% in July, posting the largest monthly gain since March 2009. It closed at 1424.0 won, driven by improved USD supply and exporters’ selling of dollars.

3. OpenAI announced that ChatGPT’s global active users have surpassed one billion, with more than 2 million business customers.

4. OPEC+ has, in principle, agreed to raise daily output by 188,000 barrels and pause the production increase in the fourth quarter.

5. A shooting incident occurred at a hamburger fast-food restaurant in Twin Falls, Idaho, USA, resulting in 3 deaths and 7 injuries. The suspect has been reported dead.

6. The largest-scale drone attack by Ukraine on Russia so far has marked a significant escalation of the conflict. Previously, an attack killed two people and hit the Wildberries warehouse.

7. Hungary has, for the first time, shut down its only nuclear power plant due to severe drought, facing an energy crisis.

8. In Beijing, the volume of secondhand home transactions increased 9.8% year over year. Market performance has remained steady even in the off-season.

📡 Hourly Broadcast | 14:00-15:00

1. Vaulted CEO on gold investment apps: says quantum computing may crack Bitcoin private keys within the next four years, effectively ending Bitcoin, and claims that millions of Bitcoin public keys have already been exposed.

2. Jacob Tsimerman, a Fields Prize laureate, will temporarily leave the University of Toronto and join OpenAI to work on AI safety research.

3. South Korean domestic exchanges have seen net outflows of stablecoins to overseas of over 500 billion KRW, triggering investors’ concerns about protection and foreign-exchange management.

4. Trump announces cancellation of military strikes against Iran, saying he has reached agreement with Tehran and Middle Eastern alliance countries on a framework for the deal.

5. Israeli forces carry out airstrikes in multiple areas of Gaza; at least eight Palestinians are killed, disregarding Trump’s proposed plan for Hamas to disarm.

6. In the latest OpenRouter AI model usage leaderboard, the top five are all dominated by Chinese companies’ product bundles: Xiaomi MiMo-V2.5 ranks first, and Tencent Hunyuan 3 has an increase exceeding 999%.

7. DeepSeek releases the official V4 Pro version, with performance benchmarked against GPT-5.6 Sol, at far lower cost than the latter.

8. Global cryptocurrency card payment volume surpasses $705.5 million, up 12.2% month-over-month, marking the fifth consecutive month to set a record high.

📡 Top-of-hour update | 13:00-14:00

1. A random-number generation vulnerability in the Coldcard hardware wallet has sparked panic among Bitcoin users. The number of daily active addresses surged from about 645,000 to nearly 1 million. On-chain analysis found that a three-round attack has stolen 1,367 BTC (about $88.6 million).

2. Apple saw a surge in AI-assisted vulnerability reports. It has set limits on the number of vulnerability reports that can be submitted and imposed a 30-day cooling-off period. While AI-generated reports carry a risk of fabrication, they also help uncover more real vulnerabilities.

3. Trump announced a pause in a new round of strikes against Iran, saying negotiations have made progress. Previously, Saudi Crown Prince intervention and Iran’s threats to neighboring countries were involved.

4. Xiaomi phones announced a price increase, with flagship models rising by 500 yuan.

5. The AMD MI355X can run the Kimi K3 model at less than half the cost of NVIDIA’s B300, showing a clear advantage in inference cost-effectiveness.

6. The U.S. added 43 Chinese companies to the UFLPA Entity List. The China Cotton Association strongly opposes this, saying the U.S. accusations are unfounded and will disrupt the stability of the global cotton supply chain.

7. Shipping disruptions in the Strait of Hormuz led to a 30% year-over-year increase in Japan’s electricity prices in the second quarter.

8. South Korea’s domestically developed Nuri rocket delayed its 5th launch due to the performance of its nano-satellite propulsion system not meeting expectations.

📡 Hourly Report | 12:00-13:00

1. Trump cancels a large-scale military strike against Iran, saying a framework agreement has been reached, as Bitcoin rebounds by $1,500 and reclaims the $63,500 level.

2. Coldcard hardware wallets are facing sustained attacks due to an entropy vulnerability. Bitcoin’s daily active addresses rise to nearly 1 million, hitting an 8-month high; the volume of small transfers reaches the highest level since the FTX collapse.

3. A tech-sector debate erupts over open-source AI: Microsoft, together with NVIDIA and others, supports open-weight models; Anthropic opposes them. Over 1,000 AI employees send a letter calling for oversight and controls.

4. Nearly all A-shares rise: about 4,700 stocks advance, with over 100 hitting the daily limit. Advertising/marketing and robotics lead the gains.

5. Across China, the share of existing home transactions exceeds new homes by 50.4%, signaling that the real-estate market is entering the inventory era.

6. Chinese venture capital institutions race to raise funds: at least 60 USD funds plan to collect $35 billion, marking a tech-investment rebound.

7. U.S. mortgage rates remain elevated. The spread between low-interest loans held by homeowners and current market rates exceeds 200 basis points, weakening the effectiveness of expectations for Fed rate cuts.

8. Shandong Province supports the development of “AI solo companies,” aiming to gather 10,000 AI talents within 3 years and cultivate 1,000 entrepreneurial entities.

📡 Hourly News Brief | 11:00-12:00

1. Roundhill Memory ETF has added Changxin Technology to its holdings, with a weight of 2.52%. Its top three holdings are Samsung Electronics, Micron Technology, and SK hynix.

2. A draft of the revised Regulations on the Management of Housing Provident Fund solicits comments, proposing that contributions cover flexible employment workers; renovation and property-management fees can be withdrawn, promoting mutual recognition and mutual lending.

3. Saudi Crown Prince Mohammed bin Salman called U.S. President Trump, urging him not to escalate the war against Iran. The U.S. side is considering another round of strikes.

4. The current Ebola outbreak in the Democratic Republic of the Congo (DRC) has become the largest outbreak in the country’s history. As of now, 3,674 confirmed cases have been reported, with 1,621 deaths.

5. Xiaomi has officially raised smartphone prices, affecting models including the Xiaomi 17 series, REDMI K90, and Turbo 5.

6. Apple’s stock price fell by nearly 10%. CEO Tim Cook warned that a memory shortage will impact the company’s performance.

7. OpenAI released its next-generation model, Astra, claiming breakthroughs addressing 10 major unsolved problems.

8. Hyundai and Kia reported that in the first half of the year, their electric vehicle sales in Europe exceeded 100,000 units, up 41.8%. Cumulative sales surpassed one million vehicles.

📡 On-the-hour News | 09:00-10:00

1. Coldcard hardware wallets suffered three waves of attacks due to a firmware random number vulnerability, with a total of 1,367.05 BTC stolen (about $88.6 million). The incident affected 4,585 addresses, and users were urged to move their assets immediately.

2. Apple’s 2028 iPhone is expected to feature a curved display, under-display Face ID, series-connected OLED, an A22 Pro chip, and upgrades such as a 200MP telephoto camera.

3. The United States and Israel are preparing a new round of strikes against Iran. Iran has threatened retaliation. Kuwait intercepted an Iranian drone, and regional energy supply and shipping risks through the Strait of Hormuz are rising.

4. Tether claims operating profit of $1.5 billion in the second quarter, but its reserve report shows a financial loss of $3.17 billion in the first half. This implies a second-quarter financial loss of about $4.2 billion, with safety buffers halving within 90 days.

5. Monthly transaction volume for crypto-backed cards first exceeded $1 billion, reaching about $1.07 billion, with approximately 2.29 million transactions that month.

6. Japan’s Finance Minister Shunichi Kayanuma announced that the U.S. and Japan have already taken joint action to curb yen depreciation, and the intervention is still ongoing.

7. Korean investors have aggressively bought triple-leveraged semiconductor ETFs (SOXL) in U.S. stocks, with paper losses of about $36 billion over two months.

8. Netflix was sued for losing undeveloped Nicholas Cage movie master tapes, seeking $105 million in damages.

📡 Hourly News Report | 08:00-09:00

1. Ray Dalio warns that AI-related stocks could plunge by as much as 80%. The current market bubble is at 75% of the extreme levels seen in 1929 and 2000.

2. A research team has, for the first time, used non-Abelian anyons on real quantum hardware to achieve a complete operational toolkit that supports universal quantum computing.

3. The U.S. plans a fierce bombardment of Iran’s energy facilities this weekend. Iran has prepared a comprehensive counter-attack plan. The U.S. State Department advises U.S. citizens in the Middle East to consider evacuation.

4. Bitcoin social sentiment has fallen to a historical low. A vulnerability in Coldcard firmware has sparked fear of self-custody, and Trump’s media company transferred 2,628 bitcoins to Crypto.com.

5. DeepSeek-V4-Flash has launched. OpenAI Astra has tackled 10 Field’s Medal-level math problems. Amazon has invested $50 billion in OpenAI.

6. Northwestern University in the U.S. transmits single photons over 24.4 kilometers on operational telecom fiber while maintaining quantum entanglement.

7. Morgan Stanley leads a $15 billion financing package for Anthropic’s AI campus in Texas.

8. South Korea’s stablecoin net outflows have continued for 18 consecutive months toward overseas exchanges. The top five won trading exchanges are the main outflow channels.

📡 8-Hour Recap | Aug 02, 00:00-08:00

Over the past 8 hours, Apple earnings, the situation in the Middle East, and a Bitcoin security incident have dominated market sentiment. Apple’s revenue hit a record high, but pressure from AI-related cost is becoming evident; the U.S. is facing heightened risk of a military strike against Iran, with multiple countries issuing evacuation warnings; a Coldcard wallet vulnerability led to nearly $88 million worth of Bitcoin being stolen, raising security concerns.

🤖 AI & Technology

1. OpenAI GPT 5.6 Pro first attempt to solve two long-standing mathematics problems researched by Fields Medal winner Gowers, sparking concerns among mathematicians that mathematical culture could be destroyed.

2. AMD released Instella-MoE-16B-A3B, a fully open mixture-of-experts large language model, with 16B total parameters; only 2.8B parameters are activated per token.

3. DeepSeek V4-Flash official release completes the same tasks in just 40 seconds—far faster than even GPT’s strongest model. The price is dozens to hundreds of times lower, and the API for the national supercomputing internet has already gone live.

4. Google cancels the AI Studio mobile app—developers can no longer construct prompts and test new models on phones. At the same time, it rolls back the one-click feature in Google Earth that generates AI satellite images due to concerns raised by unlawful sharing.

📈 Markets & Earnings

1. Apple released its FY2026 Q3 earnings report: total revenue of $109.4 billion, up 16% year over year. iPhone revenue grew 22%, but iPad revenue fell 6%. CEO Tim Cook admitted that higher AI memory costs are putting pressure on pricing.

2. After Amazon’s Q2 earnings report, the stock jumped 15.32% to $271.58.

3. Returns on AI spending are diverging: Wall Street rewarded Microsoft but punished Meta, reflecting different assessments of AI investment efficiency.

4. Qualcomm’s mobile chip revenue fell 20% to about $5.09 billion. The CEO confirmed that chip prices will rise by double digits starting in September; shortages of AI memory are pushing up prices of Android flagship phones.

5. Samsung’s Galaxy S27 Ultra may see its South Korean retail price rise by about $104 due to increased component costs.

🌍 International & Geopolitics

1. The U.S. State Department advises U.S. citizens in the Middle East to consider evacuating or be ready to evacuate quickly, because the U.S. may conduct a military strike against Iran; Iran’s threat of retaliation allows countries hosting U.S. forces to be targeted.

2. The U.S. is nearing approval of a precise, limited strike on Iranian energy facilities. Initially, Israel may not be involved. Iran says a comprehensive retaliation plan is ready, with targets including key facilities in Israel and U.S. energy facilities.

3. Kuwait was hit by a drone attack; oil tankers in the Strait of Hormuz were also attacked, escalating tensions in the Middle East.

4. An explosion occurred at a restaurant in central Moscow, killing 3 people and injuring 15. Initial indications point to a gas leak.

5. A shooting in Twin Falls, Idaho, in the U.S. left 3 dead and 2 injured.

💰 Cryptocurrency & Finance

1. Coldcard hardware wallet suffered a third wave of attacks. A cumulative 1,367.05 BTC was stolen, involving 4,585 addresses, with losses exceeding $88 million. Hackers exploited a weak-seed generation vulnerability to steal $70 million worth of Bitcoin from offline cold wallets.

2. U.S. spot Bitcoin ETFs saw net outflows of $265.4 million in a single day, accelerating selloffs. Strategy recorded a net loss of $8.22 billion from Bitcoin write-downs and authorized the sale of up to $5 billion worth of Bitcoin, breaking from its prior stance of not selling.

3. Tether’s reserves buffer halved to $4.11 billion. Comprehensive losses of over $4 billion were not disclosed, triggering questions about financial health.

4. The Federal Reserve kept interest rates unchanged for the fifth consecutive meeting, in line with market expectations. Notes leaked from U.S. Treasury Secretary Bessent suggest coordinated Japan-U.S. intervention in the FX market, sending the yen up to 157.40 per $1.

5. The U.S. SEC paused Nasdaq’s approval of Bitcoin options and will reconsider them in response to legal challenges to regulatory jurisdiction raised by the Cboe.

🔒 Security & Health

1. The network attack on the U.S. water system has expanded to at least seven states; Minnesota was the first state to publicly report. Iran is suspected to be behind it.

2. The Ebola outbreak in the Democratic Republic of the Congo has become the most severe ever. It has killed 1,587 people so far, and there is currently no approved vaccine or treatment.

3. New York has its first confirmed case of a rare Bourbon virus, which is spread by ticks. There is no vaccine or specific treatment; experts warn there may be missed diagnoses.

4. Four U.S. families sue Meta, TikTok, Snap, and Google, accusing their platforms of making people addicted and leading to children’s deaths.

⚡ Other Headlines

1. Lockheed Martin won a $58.6 billion contract to produce Patriot interceptors.

2. Nvidia and SK Group signed a memorandum of understanding to invest $500 billion in South Korea to build a 2-GW AI factory, using SK Hynix’s HBM4 memory.

3. Starting August 15, Russia will ban Bitcoin mining in Moscow and surrounding regions. The ban will last until 2032, citing pressure on the power grid.

4. Marvel’s Spider-Man: A New Day (in Chinese: Spider-Man: 全新的一天) earned $168 million at North American box offices on its first day, setting a record for opening-day box office in North America.

5. Trump Media & Technology Group launched the TruthAPI paid service, allowing paying users to access Truth Social posts in real time ahead of time, with a monthly fee up to $100,000.

Editor’s Note: This edition of the quick news roundup shows that AI breakthroughs and risks from geopolitical conflicts coexist. The market is wavering between optimism and vigilance, and next we should watch how the U.S.-Iran situation and the Bitcoin security incident unfold.

📡 Hourly Broadcast | 07:00-08:00

1. After an internal anti-money laundering review, Capital One closed former President Trump's real estate company account in 2021 on compliance grounds.

2. SpaceX will release its first earnings report and face the unblocking of restricted shares, with the market watching where its stock price goes—while the risk of conflict in the Middle East is poised to flare up.

3. The U.S. plans a fierce bombardment of the Middle East this weekend. Iran says it has drawn up a comprehensive counterattack plan, with targets including Israel’s key facilities and U.S. energy facilities.

4. Hackers have begun transferring the 7,271 bitcoins stolen using a Coldcard random-number generator vulnerability to new addresses, which may be used for money laundering or sale.

5. Google releases the Android 17 QPR1 Beta 8 update for Pixel phones, with content focused mainly on minor fixes.

6. A shooting incident occurred in Twin Falls, Idaho, resulting in 3 deaths and 2 injuries.

7. Trump Media & Technology Group launches a paid TruthAPI service, allowing subscription users to access Truth Social posts in advance in real time, with a monthly fee of up to $100,000.

8. China’s national supercomputing network has officially launched the DeepSeek-V4-Flash public API, supporting one-click calls. Agent capabilities have been greatly upgraded, and benchmark scores far exceed the V4-pro preview version.

📡 Top-of-the-hour update | 06:00-07:00

1. A Coldcard hardware wallet vulnerability led to about 1,367 bitcoins being stolen, worth roughly $88.6 million, pushing market sentiment to an extreme low.

2. The collapse of the U.S.-Iran memorandum of understanding sparks renewed conflict. The U.S. advises Middle East residents to prepare for evacuation, while Israel says the U.S. is close to approving military strikes against Iran.

3. Apple releases record quarterly earnings: revenue up 16% year over year to $109 billion, profit up 26%, and iPhone sales up 22%.

4. Notes from U.S. Treasury Secretary Bessent’s laptop leak indicate a joint U.S.-Japan intervention in the FX market; the yen rises to 157.40 per U.S. dollar.

5. DeepSeek V4-Flash’s official release completes the same tasks in only 40 seconds—far faster than the 1 minute 47 seconds of the strongest GPT model. Pricing is tens to hundreds of times lower.

6. Due to the continued decline of the Danube water level, Hungary’s Paks nuclear power plant faces its first complete shutdown in 44 years, with generation dropping to 240 megawatts.

7. New York reports its first confirmed case of the rare Bourbon virus. The virus is spread by ticks; there is no vaccine or specific treatment, and experts warn that missed diagnoses may exist.

8. The U.S. plans a fierce bombing of Iran’s energy facilities. Iran says a comprehensive retaliation plan is ready, and the Middle East faces a risk of escalation.

📡 On-the-hour News | 05:00-06:00

1. Samsung Galaxy S27 Ultra may see a price increase in South Korea by about US$104 due to rising component costs.

2. The CEO of Singapore’s Health Sciences Authority said that efforts to crack down on e-cigarettes will not slacken; the youngest abuser is only 10 years old.

3. Vietnam allows foreign-invested enterprises to list on the securities exchange, unlocking new capital channels.

4. The AI data center construction industry backed by Trump has been caught off guard by a growing wave of resistance.

5. The U.S. urges citizens in the Middle East to prepare for evacuation, with Trump warning of a harsh crackdown on Iran.

6. Water systems in at least seven U.S. states have been hit by cyberattacks, and Iran is suspected to be behind them.

7. Croatia has been struck by another round of heatwaves; multiple areas issued red heat warnings and wildfires broke out.

8. The rate-limit reset credits accumulated by OpenAI Codex CLI expire after 30 days; developers are dissatisfied with the short deadline and inadequate notice.