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8/3
23:47
Bybit will support the Sei (SEIEVM) v6.6.0 network upgrade, temporarily suspending deposits and withdrawals via SEIEVM (Sei) starting from 02:00 PM UTC today, August 4, 2026. Trading and other activities will not be affected.
23:44
Jasjeet Sekhon, Chief Strategy Officer at Google DeepMind, stated at the Agentic AI Summit at UC Berkeley on August 3 that the AI industry's current massive capital expenditure (such as Google's approximately $200 billion investment this year in AI data centers and related equipment) is "the largest scientific bet in human civilization's history." The core investment logic, he explained, is to bet on AI achieving "recursive self-improvement" (RSI). He pointed out that RSI, where AI can automatically create better versions of itself, is considered the next major milestone after Artificial General Intelligence (AGI). DeepMind researcher Oriol Vinyals and OpenAI co-founder Wojciech Zaremba, at the same summit, predicted that RSI might be achieved between 2027 and 2028. Sekhon also admitted that AI's current revenue "is not yet sufficient to support" the current scale of capital expenditure, and the industry faces the risk of entering a market vacuum.
23:21
On Monday, the S&P500 climbed 1.5%, leaving it just shy of its closing record of 7,620.90. The tech-focused Nasdaq Composite jumped 2.1%. Brent crude, the international benchmark for oil prices, fell about 5% on Monday, before climbing 0.9% to about $84.50 per barrel as markets opened in Asia on Tuesday. These market movements occurred amid conflicting accounts regarding the status of negotiations between Washington and Tehran. US President Donald Trump stated on Monday that talks with Iran were in progress, while Iran's foreign ministry spokesman denied any engagement in talks with Washington.
23:10
Josys, a Japanese cybersecurity startup, sells enterprises defenses against rising ransomware attacks. CEO Yasukane Matsumoto stated the company was "born from the beginning as a hybrid of India and Japan," highlighting its operational model. The company's focus comes as ransomware attacks, such as one last October that halted deliveries at a major Japanese office supplies distributor, underscore the need for robust cybersecurity measures.
23:08
Southeast Asian ride-hailing and delivery firm Grab reported record second-quarter results on Tuesday, with revenue growing 22% year-on-year to $997 million and operating profit reaching $19 million, up 186%. The company's CFO stated that AI is now embedded in Grab's operations, helping to ship products three times faster, which translates into better margins and a more efficient cost structure. Following the announcement, Grab's shares rose 4.86% in extended trading.
23:07
Mastercard stated the acquisition aims to help banks, fintechs, and enterprises expand their stablecoin payments, payouts, settlement, and treasury services.
22:56
In a report published on Monday, Goldman Sachs commodities analysts Daan Struyven and Lia Thomas stated that China acts as a de facto “volatility arbiter” for global commodity markets. They noted that Chinese policies tend to dampen price volatility in hydrocarbons and gold through price-sensitive import demand, while amplifying volatility in critical metals due to China's supply chain dominance and its use as leverage in AI and geopolitical competition with the US. The report cited low Chinese crude imports as a key factor preventing oil prices from rising further despite significant supply shocks.
22:20
A Hong Kong resident was scammed out of $3.3 million in a crypto romance investment fraud. Separately, Malaysian authorities have expressed strong disapproval regarding an OnlyFans-related scandal at an after-party following the Malaysia Blockchain Week event. Hong Kong saw a total of $9 million lost to similar fake romance crypto investment scams in a single week.
21:45
Deutsche Bank precious metals strategist Michael Hseuh stated that the "explosive upside phase" for gold prices, which began in August 2024, has not yet ended, and maintained his forecast of $4,600/ounce for gold by Q4 2026. This judgment is based on a triple framework of a fair value model, statistical tests, and official demand data, and responds to the Bank for International Settlements (BIS)'s previous warning in December 2025, which characterized the gold market as being in a "bubble state." The report indicates that official gold demand reached a record high of $45 billion in Q2 2026, providing structural support for gold prices.
21:44
Indian lenders are racing to boost the leverage on foreign currency deposits they offer to overseas citizens, leading to a surge in dollar demand that is firing up the country's dollar bond and loan markets. Global banks are reportedly rushing to capture this business.
21:01
The deleveraging was concentrated in tech stocks on the Shanghai and Shenzhen exchanges, contributing to the Star Market 50 Index's worst monthly performance since its inception. This unwinding of positions occurred amid a tech sell-off, undermining Beijing’s efforts to stabilize the equity market.
20:56
The Asia-focused lender's stock rally to a record has set a high bar for its upcoming earnings. Investors are particularly focused on the results to see if they can sustain the rally, looking for details on capital returns, buyback prospects, and the overall outlook.

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