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8/20
07:39
The network's TPS and total transactions are also climbing as RWA utilization rises.
07:39
Some prominent Wall Street CEOs recently appeared alongside NVIDIA CEO Jensen Huang to promote a deal aimed at funding AI chips, with KKR's head of data centers drawing particular attention for his involvement in the agreement.
07:38
Evernorth, a digital asset treasury firm focused on XRP, is planning to utilize its holdings while also progressing with its public listing process.
07:24
UBS Group AG's chief strategist Bhanu Baweja noted that while strong US earnings growth should push stocks even higher, the outlook becomes less certain in 2027, with a risk that margins will come under pressure.
07:12
CNBC and SurveyMonkey's quarterly AI and Jobs survey found that approximately 42% of respondents believe junior employees should use AI with clear guidance and limitations, 35% believe its use should be prohibited, 14% think it should be used under supervision, and 9% believe it can be used freely. The survey was conducted from July 22 to 27 among 1,686 students and working professionals in the United States. The report noted that while many employers encourage employees to develop AI skills to boost productivity, there are unique considerations for those early in their careers regarding AI use. For example, 42% of Gen Z respondents believe junior employees should be prohibited from using AI, a higher percentage than other generations. Additionally, there are concerns that AI might hinder young employees' professional development or lead them to submit "AI-generated work" containing misinformation, increasing correction work for colleagues.
07:00
The Chinese conglomerate's profit for the April-June quarter was 10.44 billion yuan ($1.55 billion). Its capital expenditure surged 75% year-on-year as it braces for agent demand and faces higher chip costs.
06:59
Samsung Electronics is expected to approve a $72 billion shareholder return program at its board meeting on Aug. 21.
06:54
The Financial Times analysis points out that Donald Trump is losing the rare earth independence war, and his administration's rare earth program aimed at countering China is being undermined by inefficiency, untrustworthiness, and cronyism.
06:53
ExxonMobil Holdings Corp. has told Kazakhstan that the nation’s top oil field is already on the cusp of peak output and that its production will slump sharply in the coming decade.
06:39
CZ retweeted @web3annie's tweet, publicly responding for the first time to his reasons for choosing to voluntarily go to prison in the US. He stated that when something goes wrong, one must take responsibility, and completely resolving the lawsuit is the best outcome for himself, Binance, $BNB holders, and the entire crypto industry. CZ said that he had obtained UAE citizenship six months before the incident, and there is no extradition treaty between the UAE and the US, but he was unwilling to use this as a shield. He also stated that he never expected to go to prison because the case only involved violations of the Bank Secrecy Act and no fraud, and previous similar cases at most resulted in fines or house arrest. CZ believes that at the time, the Biden administration was suppressing crypto, and Binance, as the world's largest non-US exchange, made him the most prominent target.
06:17
Andy Baehr, Managing Director of Asset Management at crypto market maker GSR, highlighted that tokenizing short-term fixed-income products could serve as institutional collateral for futures or over-the-counter trades. He also noted that mass tokenization of equities is "exciting" for enabling 24/7 trading on digital asset platforms, though adoption scale remains to be seen. GSR has been actively building around tokenization opportunities, including a lead investment in tokenization platform Libeara in April.
06:08
Daniel Wang, Executive Director of the Insurance Department at the Monetary Authority of Singapore (MAS), stated at the Singapore College of Insurance's 2026 Graduation Ceremony that Singaporean life and health insurers paid out S$5.79 billion (approximately US$4.27 billion) in claims and maturities in the first quarter of 2026, while general insurers paid S$1.8 billion (approximately US$1.33 billion) in claims in 2026.
06:04
China has purchased millions of barrels of Saudi crude offered via a rare tender and under long-term contracts. However, the country's overall crude purchases from Saudi Arabia still remain well below pre-war levels.
06:03
The U.S. Treasury Department reported yesterday that the total U.S. debt has surpassed the $40 trillion mark. Economists consider this threshold symbolic, but its sheer size already exceeds the annual total output of the U.S. economy. As bond yields surge due to various factors, Treasury Secretary Scott Bessent has stepped in as America's "chief bond trader" to address the situation.

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