According to The Kobeissi Letter, retail investors in South Korea bought $4.6 billion worth of US stocks in July, a month on month increase of 627% and the highest monthly buying amount since January 2026. The net selling amount of Korean retail investors in April and May was $469 million and $940 million, respectively. The scale of purchases in July exceeded the monthly average of 2.7 billion US dollars in 2025. The amount of US stocks purchased by Korean retail investors in 2025 will increase by more than three times compared to 2024. Korean retail investors purchased more US stocks in July than they did domestic stocks for the first time since February.

[Cursor plans to sell for $60 billion to SpaceX, transaction to be completed as early as next week] According to The Information, Cursor informed employees that the transaction to sell to SpaceX could be completed as early as next week, with a deal size of $60 billion. After the transaction is completed, Cursor employees will be integrated into the SpaceXAI team. The Cursor brand will no longer be used for certain new products in the future, and an upcoming general-purpose agent product will be launched under the name Grok Bot.

[South Korea Plans to Amend Enforcement Decree of the Act on Reporting and Use of Specific Financial Transaction Information to Relax VASP Major Shareholder Review Rules] According to NATE, South Korea's Regulatory Rationalization Committee has proposed amending the Enforcement Decree of the Act on Reporting and Use of Specific Financial Transaction Information to exclude minor violations from the qualification restrictions for VASP major shareholders. Since June 2024, South Korea has not approved new VASP registration applications, and changes to major shareholder review standards will impact exchange acquisitions, new market entrants, and industry consolidation. The current law does not explicitly grant authorization for the Enforcement Decree to set exception clauses, raising disputes over insufficient legal basis for adjustments through administrative orders.

According to Ai's monitoring, a whale address 0x9c6... fa4ed plans to long $37.93 million SOL with 20 times leverage. Yesterday, the address transferred 8.43 million USDC as margin and opened 500000 SOL multiple orders, with a planned transaction price of 75.867 USD; At present, 209000 SOLs worth 15.91 million US dollars have been sold, making it the largest holding of SOL on the Hyperliquid platform, and the remaining portion is being traded.

[The Hong Kong Securities and Futures Commission Adds Polar Tensor to the List of Suspicious Virtual Asset Trading Platforms] The Hong Kong Securities and Futures Commission announced the addition of Polar Tensor to the list of suspicious virtual asset trading platforms, listing 17 related websites. It also reminded that Polar Tensor and its websites are not licensed by the Commission to conduct regulated activities in Hong Kong.