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Svmuu News: In the Futu Holdings and Tiger Securities U.S. stock options insider trading case, two defendants—an individual and an investment firm—had previously come forward; now, a third defendant has emerged in an effort to have his assets unfrozen.According to a statement filed with a U.S. court on July 23, the third defendant to come forward is Yang Jingyao, whose Chinese name is Yang Jingyao and who has been a resident of Hong Kong since 2020.Yang Jingyao stated, “My personal assets far exceed my personal debts,” and “I have no outstanding debts.” According to public filings with the Hong Kong Stock Exchange, the single largest shareholder of Hong Kong-listed Rongzun International—and the offeror in a previous mandatory general offer—is also named “Yang Jingyao.”
HKEXThe documents show that Yang Jingyao of Rongzun International is currently 32 years old, and his mother is a wealthy individual from mainland China.Yang Jingyao is described as a businessman and private investor who has long invested in listed securities, information technology companies, startups, and other financial assets through brokers and wholly-owned private investment companies established in Hong Kong and the British Virgin Islands.However, there is currently no public evidence indicating that the securities accounts or funds subject to the U.S. court injunction are related to the expiration of Rongzun International’s offer. (Caixin)

Svmuu News: With the sharp correction in the price of Bitcoin, publicly traded companies that had heavily stockpiled BTC are now facing multiple challenges, including falling stock prices, debt pressures, and a deteriorating financing environment. Some companies have begun selling Bitcoin to repay debts or are even shifting their focus to artificial intelligence (AI) data center operations.
Strategy was the first to introduce the “Digital Asset Treasury (DAT)” model, using financing and borrowing to continuously purchase Bitcoin, prompting a number of publicly traded companies to follow suit.However, as the price of BTC has retreated from the high of approximately $126,000 reached in October 2025—a cumulative decline of about 50%—the stock prices of these companies have also plummeted, forcing them to reassess their Bitcoin hoarding strategies.
This week, shareholders of the London-listed company Satsuma Technology approved the liquidation of all 668 BTC and the return of capital, while also proceeding with delisting. Another London-listed company, The Smarter Web Company, sold 178 BTC to repay convertible debt.
Additionally, Sequans Communications has sold 1,025 BTC and will sell nearly 80% of its remaining holdings to repay convertible bonds. The company stated it will not continue purchasing "Bitcoin" in the future and plans to sell its remaining approximately 658 BTC.
Since its SPAC listing in May 2025, Nakamoto’s stock price has fallen by approximately 99% in total. The company recently sold about 284 BTC, raising approximately $20 million for working capital.Of the company’s remaining approximately 5,342 BTC, nearly 70% has been used as collateral for Kraken loans, leading market observers to believe it faces potential risk events.
Meanwhile, Bitcoins mining firms have also begun adjusting their strategies. Companies such as Bitdeer Technologies and MARA Holdings are selling portions of their BTC holdings to repurchase shares, repay debt, and redirect energy resources and computing power infrastructure toward AI data center operations.
Other companies selling BTC include Empery Digital and others. Data shows that Strategy has recently sold approximately 3,620 BTC and authorized further asset sales to maintain its U.S. dollar reserves.
However, Strategy remains the world’s largest publicly traded holder of Bitcoin, with a position exceeding 840,000 BTC. The company’s CEO, Michael Saylor, stated that it may sell a portion of its Bitcoin holdings in the future to pay dividends, but this does not mean the company is exiting its investment in Bitcoin.
In addition to asset adjustments, changes have also occurred in the management and capital operations of some Bitcoin treasury companies. Jack Mallers has stepped down as CEO; Adam Back’s Bitcoin Standard Treasury Company (BSTR) also failed to complete its proposed merger due to deteriorating market conditions.
Analysts believe that as financing costs rise and BTC price volatility intensifies, the “borrow to buy” treasury model is undergoing a shakeup, with some companies shifting from simply hoarding Bitcoin to AI infrastructure and business transformations that generate stronger cash flow. (CoinDesk)

Svmuu News Bitcoin The market’s overall profitability is improving, but on-chain data indicates that this is still insufficient to confirm the start of a new bull market, and the market remains at risk of another pullback.
CryptoQuant data shows that the “Supply in Profit” ratio on Bitcoin has risen to 57.5%.This metric represents the proportion of BTC supply in the current market whose price is higher than its holding cost. It has rebounded significantly from the 2026 low of 46.2% recorded on June 30 and is now approaching 60%.However, the recovery of the “Supply in Profit” ratio still requires further validation. Historical cycles show that the true end of a bear market typically requires two conditions to be met simultaneously:
First, the 30-day simple moving average of the Long-Term Holder Profit-to-Loss Ratio (LTH-SOPR) must remain consistently above 1 and not fall below that level for several weeks;
Second, the Bitcoin must remain consistently above 64%.
Analysts note that this cycle has already seen one “false breakout.” Between April 28 and June 1 of this year, the average LTH-SOPR remained above 1 for 35 consecutive days, while the proportion of profitable supply rose to 67% at one point, but the market subsequently retreated again.Currently, the 30-day SMA for long-term holders has remained below 1 for more than 50 consecutive days, which remains a key risk indicator for assessing the strength of the market’s recovery.
Although the proportion of profitable BTC supply is improving, the market needs further confirmation of changes in long-term holder behavior and profit structure before it can determine whether the current rebound truly marks the start of a new uptrend. (Cointelegraph)

Svmuu News: According to official reports, OKX, in collaboration with Elliptic, SlowMist, and OttoSec, has released the “Web3 Security and Risk Control Report for the First Half of 2026.” The report notes that the focus of Web3 attacks is gradually shifting from smart contract code to more complex scenarios such as signing processes, user devices, operations and maintenance infrastructure, and AI agents.
Data shows that in the first half of 2026, OKX’s risk control system cumulatively blocked over 5.7 million high-risk transactions, including approximately 2.41 million related to hacking and theft, 1.48 million related to phishing, and 990,000 related to fraud. OKX’s Web3 on-chain intelligence tag repository currently contains over 1.1 billion tags, covering more than 420 blockchains, and has integrated capabilities such as address screening, transaction monitoring, and sanctioned address control into infrastructure platforms like DEX and Exchange OS.
Furthermore, in terms of user protection, OKX has cumulatively blocked over 7 million visits to risky websites, completed over 200,000 device risk scans, identified over 60,000 high-risk apps, and blocked or issued alerts for over 4 million high-risk signing operations. The report also details “upfront risk control” designs in scenarios such as Exchange OS, Outcomes, RWA, and the Agentic Wallet.

Svmuu News: Iran’s Islamic Revolutionary Guard Corps issued a statement announcing that, during the 27th round of operations under “Victory-2,” it carried out an attack on a data center belonging to the U.S. company Amazon and destroyed the remaining structures at the facility.The statement said the data center provided intelligence support to U.S. military forces. It did not specify the company’s exact location. Previously, according to reports from Iranian sources on the 22nd, Iranian armed forces attacked the central data infrastructure of the U.S.-based Amazon in Bahrain, claiming the facility was one of the key sites for the exchange of military information by U.S. forces. (CCTV News)

Svmuu News: According to sources familiar with the matter, the SoftBank Group is considering the acquisition of Gravis Robotics AG, as SoftBank sets its sights on the artificial intelligence sector that underpins robotics technology. SoftBank plans to make a substantial investment in this European startup and integrate it into its newly established company, Roze.SoftBank The transaction may be completed in phases, achieved through the gradual acquisition of existing shares and the injection of new capital. Sources familiar with the matter said the deal could ultimately value Zurich-based Gravis at more than $500 million. They noted that no final decision has yet been made regarding the deal’s size or structure.

Svmuu News: According to data from MSX.COM, AI-related stocks were mixed in premarket trading on U.S. markets. Micron. Technology rose 3.2%, MRVL fell 0.79%, and KLAC rose 1.88%.AMD fell 2.99%, and NVIDIA fell 1.56%.
It is reported that MSX.COM is a decentralized RWA trading platform that has listed hundreds of RWA tokens to date, covering U.S. stocks and ETF tokens such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.