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7/21
11:54
MEXC Launches TAO Staking and Integrates the Yuma Validator
Svmuu News: MEXC has launched staking support for Bittensor’s native token, TAO, and integrated the infrastructure of validator Yuma.
Yuma stated that this integration opens up TAO staking to MEXC’s approximately 40 million users, allowing them to earn rewards by participating in network security. The Bittensor ecosystem currently comprises 128 specialized subnets covering tasks such as AI inference, model training, coding assistance, and financial modeling.
11:48
NVIDIA Launch of the Spectrum-6 Ethernet Switching System for Next-Generation Hyperscale AI Facilities
Svmuu News NVIDIA announced on July 21 the launch of the next-generation Spectrum-6 Ethernet switching system, designed to support hyperscale AI infrastructure based on the Vera Rubin platform.With a single-switch capacity of 102.4 Tbps—double that of the previous generation—the system is designed to connect hundreds of thousands of GPUs and CPUs, providing network support for large-scale AI training, agent-based applications, and inference tasks.
NVIDIA stated that Spectrum-6 will serve as a core component of the next-generation Spectrum-X Ethernet platform, enhancing the overall computational efficiency of AI factories through high bandwidth, intelligent traffic management, and fault-tolerance capabilities. AI infrastructure builders such as CoreWeave, Microsoft, Nebius, SpaceXAI, and Tesla will be among the first to deploy the system.
11:45
The U.S. Congress is holding bipartisan discussions on ethics issues related to cryptocurrency, and provisions regarding DeFi are also under negotiation.
Svmuu News: A Fox Business crypto reporter posted on X, stating that, according to their sources, the U.S. Congress is holding bipartisan discussions on ethics issues today. Negotiators are also discussing DeFi provisions, but ethics remain the primary obstacle. When asked about the ethics proposal, a spokesperson for Sen. Lummis said that last week’s discussions with the White House “went well” and that the ethics text to be released in the coming days will reflect these productive discussions.
11:45
Bloomberg ETF Analyst: Suggests That Buffett and Others Donate Shares Through “Donald Trump” Accounts to Narrow the Wealth Gap
Svmuu News: Bloomberg ETF analyst Eric Balchunas posted on X that, after some thought, he believes Warren Buffett and others could or should choose Trump Accounts as the destination for their stock donations. He noted that this move would achieve multiple objectives simultaneously: first, it would immediately narrow the wealth gap, particularly in low-income ZIP code areas like Dell, since nearly all of their wealth comes from stocks; second, it would improve financial literacy, as donating stocks would encourage people to learn about the market and investing; third, it would curb the rise of “redistributive” economic policies and politicians; fourth, it would expand the impact—especially if 95-year-old Buffett were to gift Berkshire stock to children, who would then grow up to become Berkshire investors; fifth, it avoids mismanagement, commissions, and capital gains taxes; 100% of the donation goes directly to the beneficiaries, and no capital gains tax is owed.
11:44
Donald Trump Says It Will Strike Iranian Nuclear Facilities
Svmuu News: U.S. President Donald Trump: Our business with Iran is far from over. We are not leaving now; we have already had a significant impact on Iran. Our agreement will not allow Iran to possess nuclear weapons, and we will strike any location in Iran that is being considered for use in nuclear weapons. Iran has yet to see anything; we have been very restrained.We will strike the Haoshan region soon and with great ferocity. (Jin Shi)
11:38
Without the need for additional keys, the Venice API supports access to on-chain data from Base, Solana, and Robinhood Chain.
Svmuu News: According to Erik Voorhees, if an agent calls a model for inference via the Venice API, it can now automatically access on-chain data from Base, Solana, and Robinhood Chain without the need for additional keys or authentication. Previously, Jesse Proudman, President and CTO of Venice, stated that Venice has added support for the Robinhood Chain and Solana networks through its RPC API.
11:32
Donald Trump: The matter with Iran is far from over
Svmuu News: U.S. President Donald Trump stated that our dealings with Iran are far from over. He previously said that Iran wanted to meet, but we have no interest in doing so. I have no interest in meeting with them until Iran is ready. (Jin Shi)
11:25
Donald Trump: Iran wants to meet, but we’re not interested
Svmuu News Donald Trump reported that Iran hopes to hold a meeting, but we have no interest in doing so; we will not be interested in holding a meeting until Iran is ready. (Jin Shi)
11:14
NVIDIA Reports that the delivery of the new Rubin-architecture chips to customers is proceeding smoothly
Svmuu News: NVIDIA (NVDA.O) announced that its latest-generation Vera Rubin chip architecture is being shipped to customers, helping to solidify its leading position in the industry. Ian Buck, Vice President and General Manager of NVIDIA, stated that computing systems based on Vera Rubin technology have been delivered to major AI companies and are now being deployed.“We have fully entered mass production, and all major customers are currently deploying these systems.” (Jin Shi)
11:03
Vitalik: New, advanced programming languages worth trying should make definitions and theorems easier to read.
Svmuu News: Vitalik posted on X, stating that a new type of “high-level programming language” worth exploring is one that compiles to Lean (or HOL, etc.), with a focus on making definitions and theorems as easy as possible for humans to read. The emphasis is on definitions and theorems themselves, rather than proofs, because proofs only need to be correct—the key lies in the definitions and theorems themselves. The envisioned use case is that an AI outputs a large block of proof, and the reader needs to be able to understand as easily as possible exactly which precise claims are actually proven in that output.
11:02
Google Xuan has begun pre-training Gemini 4
Svmuu News Google announced that Gemini 3.5 Pro is currently being tested with partners and is scheduled for a widespread rollout as soon as it is ready; pre-training for Gemini 4 has already begun. (Jin Shi)
11:01
Changxin Technology’s strategic placement allocation “cut in half,” with the actual number of shares subscribed shrinking by about half
Svmuu News: The final subscription results for Changxin Technology’s strategic placement have been released. The initial allocation for the 30 strategic investors was 3.344 billion shares, but the actual final subscription volume was 1.667 billion shares—a decline of approximately half. This has sparked market speculation. Reportedly, this is related to standard industry practice.
Regarding the number of shares allocated to strategic investors, the initial allocation is typically designed to meet the regulatory upper limit, allowing for some flexibility. For Changxin Technology’s large-scale offering, the maximum allocation for strategic investors was set at 3.344 billion shares (50% of the total offering), with adjustments made later based on actual circumstances. It is reported that although the actual subscription volume decreased, the total subscription amount from the 30 strategic investors matched their original commitment (14.437 billion yuan). Furthermore, the difference in shares was transferred to the public subscription pool, significantly increasing the lottery win rate for retail investors. (Jin Shi)
10:58
Yields on 10-year and 30-year U.S. Treasury bonds hit two-month highs as rising oil prices fuel inflation concerns
Svmuu News: The U.S. Treasury market fell, with yields on 10-year and 30-year Treasuries rising to their highest levels in about two months. Surging crude oil prices fueled market concerns that inflationary pressures could prompt the Federal Reserve to raise interest rates. On Tuesday, yields on U.S. Treasuries across all maturities rose broadly by 2 to 4 basis points, with the 10-year yield briefly climbing to 4.64%, its highest level since late May. As the U.S. and Iran exchanged strikes for the 10th consecutive day, the dollar strengthened against most major currencies.
10:56
Pump.fun has launched BOOST mode, which increases liquidity by approximately 20% for newly issued tokens after migration.
Svmuu News: Pump.fun, a meme coin issuance platform in the Solana ecosystem, has announced the launch of its new “BOOST Mode,” which will serve as the standard launch mechanism for all future Pump.fun token issuances, injecting additional liquidity into tokens that have completed the migration (bonding curve migration).
alon, co-founder of Pump.fun, stated that currently, over $100 million in liquidity is lost annually when tokens migrate from bonding curves to liquidity pools. Through BOOST Mode, the platform will reinject future liquidity into the ecosystem of every token that has completed the bonding process. This mechanism will increase liquidity for each newly migrated token by approximately 20%, without altering the user experience during the bonding curve trading phase or within liquidity pools.
10:51
U.S. stocks Bitcoin: The sector continues to rise, with Coinbase up more than 12%
Svmuu News: According to data from MSX.COM, the “Bitcoin” sector on the U.S. stock market continues to rise, with the Bitcoin breaking through the 66,000 mark and currently up more than 2.3% at $66,694.Strategy (MSTR.US) is up more than 5%, Coinbase (COIN.US) is up more than 12%, and Robinhood (HOOD.US) and Circle (CRCL.US) are both up more than 7%.
In related news, sources indicated that U.S. President Donald Trump has agreed to include ethics provisions in the CLEAR Act, and the White House has reached a consensus on the ethics proposal for the CLEAR Act, clearing the final major hurdle for this crypto regulatory legislation that has been the subject of a months-long stalemate. The text of the bill could be released as early as today, though there may be a slight delay.
10:48
Digital Asset Raises $355 Million in Funding; Shinhan Financial Group and SC Ventures Participate in the Round
Svmuu News: Digital Asset, the developer of the Canton public blockchain, announced that it has completed a $355 million funding round, with Shinhan Financial Group and SC Ventures participating as strategic investors. The project’s primary focus is the development of the Canton public blockchain.
10:39
Bitcoin Mining pool Foundry USA Releases BIP-110 Resource Guide
Svmuu News Bitcoin Mining pool Foundry USA has released a resource guide on BIP-110. Foundry USA stated that this guide is intended for miners to help them make informed decisions before the voting deadline for block 961,632.
According to reports, the guide includes the official BIP-110 specification, the proposal website, discussions on the Bitcoin-dev mailing list, an interactive explanation by Orange Surf, commentary by Jameson Lopp, and perspectives from Adam Back, Michael Saylor, Luke Dashjr, Alex Thorn, Softfork Mechanic, and others. (News.bitcoin)
10:38
Telegram Founder: The World’s Largest Non-Custodial Crypto Wallet Will Be Launched This Summer
Svmuu News: Telegram founder Pavel Durov posted on his personal channel that this summer will see “the largest deployment of non-custodial crypto wallets in human history,” as Telegram plans to integrate native, non-custodial Gram wallets into all of its apps. Pavel Durov said the wallet will provide Telegram’s more than 1 billion users with an instant, zero-fee cryptocurrency trading experience, further bringing on-chain payments to the masses. He stated, “We are bringing native, non-custodial Gram wallets to every Telegram app.”
10:36
Today, the U.S. Bitcoin ETF saw net inflows of 3,443 BTC, while the Ethereum ETF saw net inflows of 19,517 ETH.
Svmuu News: According to Lookonchain’s monitoring, the U.S.-based “Bitcoin” ETF saw net inflows of 3,443 BTC today, with net inflows of 11,030 BTC over the past 7 days; the “Ethereum” ETF saw net inflows of 19,517 ETH, with net inflows of 81,773 ETH over the past 7 days.
10:35
The "Dark Side of the Moon" project plans to complete the restructuring of its offshore red chip structure by the end of this month and could enter the Hong Kong capital market as early as this year.
Svmuu News: According to sources familiar with the matter, Dark Side of the Moon plans to complete the restructuring of its offshore red-chip structure by the end of this month, paving the way for domestic financing and IPO preparations. The company could go public on the Hong Kong capital market as early as this year.
Dark Side of the Moon plans to launch negotiations for its final pre-IPO funding round in August, seeking a valuation of up to $50 billion by capitalizing on the market momentum generated by its latest large language model. Sources revealed that Dark Side of the Moon is expected to complete a funding round launched this summer in the coming days, with a valuation of approximately $31.5 billion. Upon completion of this round, the company will immediately begin negotiations with potential investors for a new round of financing, which could serve as its final capital injection prior to its Hong Kong IPO. (Jin Shi)

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