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On July 29, in response to reports of its first-ever external financing of 2 to 3 billion yuan, OceanBase stated that the company is fully committed to data technology and product innovation in the AI era and will continue to maintain open communication with the capital market. However, OceanBase did not provide further details regarding the financing scale, potential investment institutions, or specific progress. (Shanghai Securities News)

[Ant Group's OceanBase Responds to Financing News]On July 29, in response to reports of its first-ever external financing of 2 to 3 billion yuan, OceanBase stated that the company is fully committed to data technology and product innovation in the AI era and will continue to maintain open communication with the capital market. However, OceanBase did not provide further details regarding the financing scale, potential investment institutions, or specific progress. (Shanghai Securities News)

Ant Group's OceanBase Responds to Financing News

On July 29, Moonshot AI raised $3.5 billion in a recently completed funding round, surpassing expectations, with a valuation reaching $35 billion. (Jin Shi)

[Moonshot AI Surpasses Expectations with $3.5 Billion Funding, Valuation at $35 Billion]On July 29, Moonshot AI raised $3.5 billion in a recently completed funding round, surpassing expectations, with a valuation reaching $35 billion. (Jin Shi)

Moonshot AI Surpasses Expectations with $3.5 Billion Funding, Valuation at $35 Billion

On July 29, Bitunix officially launched the 'Trading King Challenge' individual trading competition, running from July 28 to August 12 (UTC+0). All registered users on the platform are eligible to participate. The competition features two leaderboards: trading volume and return rate, with prize pools accounting for 80% (560,000 USDT) and 20% (140,000 USDT) respectively. A valid contract trading volume of 50,000 USDT is required to qualify for rewards. If a user appears on both leaderboards, the higher reward will be awarded. As the platform's contract trading ecosystem continues to grow, Bitunix is giving back to the community with a prize pool of up to 700,000 USDT, inviting global traders to compete and strive for the crown.

[Bitunix Trading King Challenge Officially Launches with 700,000 USDT Prize Pool]On July 29, Bitunix officially launched the 'Trading King Challenge' individual trading competition, running from July 28 to August 12 (UTC+0). All registered users on the platform are eligible to participate. The competition features two leaderboards: trading volume and return rate, with prize pools accounting for 80% (560,000 USDT) and 20% (140,000 USDT) respectively. A valid contract trading volume of 50,000 USDT is required to qualify for rewards. If a user appears on both leaderboards, the higher reward will be awarded. As the platform's contract trading ecosystem continues to grow, Bitunix is giving back to the community with a prize pool of up to 700,000 USDT, inviting global traders to compete and strive for the crown.

Bitunix Trading King Challenge Officially Launches with 700,000 USDT Prize Pool

On July 29, according to BIT (Bit.com) market data, U.S. stock pre-market semiconductor stocks continued their recent decline. SK Hynix (SKHY.O) fell 1.9%, Micron Technology (MU.O) fell 1.6%, SanDisk (SNDK.O) fell 2.3%, and Nvidia (NVDA.O) fell 0.3%.

[U.S. Stock Pre-Market: Semiconductor Stocks Extend Recent Decline; SK Hynix Down 1.9%]On July 29, according to BIT (Bit.com) market data, U.S. stock pre-market semiconductor stocks continued their recent decline. SK Hynix (SKHY.O) fell 1.9%, Micron Technology (MU.O) fell 1.6%, SanDisk (SNDK.O) fell 2.3%, and Nvidia (NVDA.O) fell 0.3%.

U.S. Stock Pre-Market: Semiconductor Stocks Extend Recent Decline; SK Hynix Down 1.9%

On July 29, according to South Korean lawmaker Yoo Dong-soo, South Korean financial authorities held an emergency meeting today, which is set to start at 6:00 PM local time (17:00 Beijing time). (Jin Shi)

[Emergency Meeting Called by South Korean Financial Authorities to Start at 17:00 Beijing Time]On July 29, according to South Korean lawmaker Yoo Dong-soo, South Korean financial authorities held an emergency meeting today, which is set to start at 6:00 PM local time (17:00 Beijing time). (Jin Shi)

Emergency Meeting Called by South Korean Financial Authorities to Start at 17:00 Beijing Time

On July 29, SK Hynix fell nearly 5% to $123.71 in US pre-market trading. In the Korean market today, SK Hynix closed down 9.6%, after falling nearly 20% at one point during the session, the largest intraday decline on record, and a 53% retreat from its June high. On the news front, SK Hynix reported results this morning showing that second-quarter operating profit surged 557% year-on-year to 60.5 trillion won, and revenue rose 257% to 79.3 trillion won, both setting quarterly records, but still falling short of analyst expectations. Market concerns deepened over whether AI chip demand can sustain the high valuation.

[SK Hynix Falls Nearly 5% in US Pre-market Trading]On July 29, SK Hynix fell nearly 5% to $123.71 in US pre-market trading. In the Korean market today, SK Hynix closed down 9.6%, after falling nearly 20% at one point during the session, the largest intraday decline on record, and a 53% retreat from its June high. On the news front, SK Hynix reported results this morning showing that second-quarter operating profit surged 557% year-on-year to 60.5 trillion won, and revenue rose 257% to 79.3 trillion won, both setting quarterly records, but still falling short of analyst expectations. Market concerns deepened over whether AI chip demand can sustain the high valuation.

SK Hynix Falls Nearly 5% in US Pre-market Trading

July 29, market news: Moonshot AI has raised $3.5 billion in a just-completed funding round, exceeding expectations, with a valuation of $35 billion. (Jin Shi)

[Moonshot AI Raises $3.5 Billion in New Funding Round, Valuation Reaches $35 Billion]July 29, market news: Moonshot AI has raised $3.5 billion in a just-completed funding round, exceeding expectations, with a valuation of $35 billion. (Jin Shi)

Moonshot AI Raises $3.5 Billion in New Funding Round, Valuation Reaches $35 Billion

On July 29, crypto lending platform Nexo partnered with two MiCAR-licensed entities to ensure continued service provision in the EU. Nexo reaffirmed that its products were fully compliant with European Economic Area (EEA) regulations prior to the full implementation of MiCA (Markets in Crypto-Assets Regulation). This compliance status was achieved through two licensed partners—Tangany (responsible for MiCAR custody services) and DLT Finance (responsible for MiCAR/MiFID II brokerage services)—with no disruption to services during the period.

[Nexo Continues EEA Services via Licensed Third Parties]On July 29, crypto lending platform Nexo partnered with two MiCAR-licensed entities to ensure continued service provision in the EU. Nexo reaffirmed that its products were fully compliant with European Economic Area (EEA) regulations prior to the full implementation of MiCA (Markets in Crypto-Assets Regulation). This compliance status was achieved through two licensed partners—Tangany (responsible for MiCAR custody services) and DLT Finance (responsible for MiCAR/MiFID II brokerage services)—with no disruption to services during the period.

Nexo Continues EEA Services via Licensed Third Parties

On July 29, the head of South Korea's primary financial regulatory body publicly apologized over a controversy surrounding single-stock leveraged exchange-traded funds (ETFs). Earlier, some investors and market participants argued that such products had exacerbated market volatility and led to significant losses in investor wealth. Lee Bok-hyun, Chairman of the Financial Services Commission, expressed regret that the regulator had failed to meet public trust in multiple aspects. Lee Chan-jin, head of the Financial Supervisory Service, stated that regulators are doing their utmost to restore market trust.

[South Korea's Top Financial Regulator Apologizes Over Leveraged ETF Controversy, Vows to Restore Market Trust]On July 29, the head of South Korea's primary financial regulatory body publicly apologized over a controversy surrounding single-stock leveraged exchange-traded funds (ETFs). Earlier, some investors and market participants argued that such products had exacerbated market volatility and led to significant losses in investor wealth. Lee Bok-hyun, Chairman of the Financial Services Commission, expressed regret that the regulator had failed to meet public trust in multiple aspects. Lee Chan-jin, head of the Financial Supervisory Service, stated that regulators are doing their utmost to restore market trust.

South Korea's Top Financial Regulator Apologizes Over Leveraged ETF Controversy, Vows to Restore Market Trust

On July 22, U.S. Trade Representative Jamieson Greer hinted in a media interview on the 21st that the federal government will soon introduce a new tariff policy to replace the expiring 10% global import tariff. Greer said he cannot provide a specific timeline for the announcement of the new tariff policy at this time, and that it will need to be communicated to Congress and other stakeholders before formal announcement.

[U.S. Trade Representative Signals Imminent New Tariff Policy]On July 22, U.S. Trade Representative Jamieson Greer hinted in a media interview on the 21st that the federal government will soon introduce a new tariff policy to replace the expiring 10% global import tariff. Greer said he cannot provide a specific timeline for the announcement of the new tariff policy at this time, and that it will need to be communicated to Congress and other stakeholders before formal announcement.

U.S. Trade Representative Signals Imminent New Tariff Policy

Bitcoin short-term holder losses narrow to 4%: Structure builds for BTC’s rebound

In the Second Half of 2026, Commodities Enter an Era of 'High-Frequency Black Swans'

Yen Hits 40-Year Low, What Will Japan Use to Price in Shorts?

BUILDon loses 15% as Futures activity cools down — Another decline incoming?

Is Bitcoin nearing another accumulation zone? THIS signal says yes

Pons V2 brings RWA trading pairs as Robinhood Chain broadens its ambitions

From OpenSea to OpenRouter: Is Alex Atallah Repeating His 'Exit at the Peak' Playbook?

2 Months, Valuation Soars from $8.8B to $68B! The Largest AI Model Hub OpenRouter May Be Acquired

U.S. Trade Representative Signals Imminent New Tariff Policy

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