US officials accuse Chinese companies such as DeepSeek and Moonshot AI of using US models for distillation

The Rollup founder Andy stated that Nasdaq plans to announce a major partnership tomorrow aimed at modernizing market infrastructure through tokenization platforms and 24/7 on chain trading. A large digital asset exchange is in talks with Nasdaq regarding this matter.

[Imran Khan: Base and Robinhood Are Not Zero-Sum Competitors] Alliance co-founder Imran Khan stated that Robinhood co-founder Vlad Tenev excels in retail speculative trading, while Coinbase CEO Brian Armstrong focuses on on-chain financial infrastructure. The two are not in zero-sum competition, as the market space is vast.

Andy, founder of Rollup, stated that there are rumors in the market that the US Securities and Exchange Commission (SEC) is preparing to launch a tokenization innovation exemption policy, allowing tokenized securities to be traded through registered transfer agents without the need for broker dealer licenses or traditional trading platform rules, and covering both US retail and overseas investors. Andy stated that a large fund has received SEC approval and speculated that ARK, Fidelity, or BlackRock may be potential participants.

Solana co-founder Anatoly Yakovenko expressed on the X platform that he looks forward to Jupiter realizing an on chain transaction from NVDA to SPCX via Fartcoin in the future, and determining the NBBO price for US securities firms.

BBX News: Yesterday, the global public market presented a highly contrasting yet logically coherent answer to the allocation logic of cryptocurrency assets. Capital is no longer whitewashing peace, but using real money and silver purchases and real balance sheets to depict the two faces of current cryptocurrency concept stocks: ——Giant's heavy cash sweep: Strike (NASDAQ: $ASST) used $109 million in fiat ammunition to forcefully buy 1375 BTC at a high of nearly $80000, with a total holding of 24531 BTC. ——Counter wind accumulation of computing power: Canaan Technology (NASDAQ: $CAN) suffered a net loss of $97.6 million in Q2, but still held onto its dual core digital vault of 1915.5 BTC and 3951.7 ETH despite losing money on its books. The market presents a clear dual evolution trend of "multi position treasury entities relying on abundant liquidity to monopolize spot markets" and "traditional computing power enterprises still refuse to sell core encrypted bottom positions to the market under financial statement pressure". Source: bbx.com