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Blockchain
Three-Week Iteration Cycle: Gemini 3.7 Flash Is Playing the Price War
Just three weeks after 3.6 Flash launched, Google rolled out 3.7 Flash, focused on software engineering and agentic tasks, priced well below Sonnet 5 and GPT-5.6 Terra. Meanwhile, OpenAI is fighting a different battle with Sol Ultrafast, hitting 750 tokens per second.
Withdrawals Frozen Overnight: Delio CEO Gets 15 Years in $50 Million Fraud Case
A South Korean court has found Delio CEO Jeong guilty of defrauding more than 1,100 investors and embezzling roughly 70 billion won in crypto assets, though prosecutors had sought a 20-year sentence and some evidence was excluded due to procedural flaws.
Trump Signs Memo Greenlighting Private Sector 'Hack Back' Against Hackers, But Government Still Holds the Trigger
President Trump has signed a national security memorandum allowing vetted private companies to launch offensive cyber operations against criminal networks abroad — but every step requires prior written government approval, meaning companies won't have the authority to fire at will.
Citi CEO Backs the Clarity Act? She Said a "Good" Bill—And That Word Is Doing All the Work
Citi CEO Jane Fraser publicly said she wants to see a crypto bill pass, but she's still pushing for changes to provisions around stablecoin rewards—one sentence that reveals the banking industry's real stance.
New Model Every Three Weeks, Half-Price Through 2027: Gemini 3.7 Flash Puts the Price War on the Table
Just three weeks after its predecessor, Google rolls out Gemini 3.7 Flash with noticeably improved code and frontend generation—plus API pricing slashed in half through early 2027. For the developer community, it's not just about performance.
SEC's Tokenization Exemption Pulled Days Before Friday Press Event — White House and Wall Street Both Hit the Brakes
The "innovation exemption" that was supposed to be unveiled at Friday's open meeting has been abruptly shelved. This isn't the first time the SEC has stalled at the finish line — this time, the roadblocks are the White House and brokerage trade group SIFMA.
AUM Hits Record $4.3B, But Securitize's First Earnings Report Sends Stock Down 20%
Tokenized asset scale and trading volume both hit new highs, but Securitize's Q2 losses far exceeded market expectations. The first report card after its SPAC merger triggered a 20% after-hours stock plunge.
DeepSeek-V4-Pro Officially Goes Live — One Score Reveals What It's Really After in the Agent Battlefield
The official version of DeepSeek-V4-Pro launched on August 13, with its DeepSWE benchmark score jumping from 12.8 in the preview version to 62.7. It now natively supports the OpenAI Responses API format, while also previewing a new peak/off-peak pricing scheme coming in August.
Gemini 3.7 Flash Goes Live Everywhere, While OpenAI's Speed Demon Stays on the Waitlist
Google and OpenAI both played the "speed" card on the same day—but one is already downloadable in 160+ countries, while the other remains locked behind an invite-only preview. Beyond the benchmark numbers, the real gap is who's actually putting it in developers' hands.
StanChart Analyst Admits UNI's $100 Target Might Be Too Conservative
Standard Chartered's Geoff Kendrick originally set a $100 price target for UNI, but now admits the figure may have been too cautious — the reason points to burn rates and revenue share driven by Robinhood Chain transactions.
Gemini Posts $108M Loss, Shares Slide as Winklevoss Admits "Work to Do"
Gemini reported a $108 million loss and shares dropped on the news—but prediction market volume nearly doubled. One earnings report, two very different signals.
Taipei Blockchain Week Upgrades to FUTUREMODE Taiwan, Bringing AI and Lifestyle Experiences to Flora Expo Dome This September
Upgraded from Taipei Blockchain Week, this three-day event at the Taipei Flora Expo Dome will gather over 100 speakers, a hackathon, and experiences like AI cocktail mixing, F1 simulators, ice baths, and a Run Club—bringing tech beyond the forum and into everyday life scenarios.
OpenAI COO Exits After 8 Years in Shock Departure — Execs Keep Bailing as IPO Looms
Brad Lightcap is out at OpenAI, becoming the seventh exec to leave in 2026. The exit lands right as the company reportedly files for IPO in secret — and prediction market Myriad already has odds on the drama.
CFTC Invokes Emergency Powers to Keep Kalshi Running Amid New York Lawsuit
Prediction market platform Kalshi was sued in New York last month, prompting the U.S. Commodity Futures Trading Commission to invoke emergency powers ordering the platform to keep operating. Details of the lawsuit and next legal steps have yet to be officially disclosed.
Robinhood Chain's Daily Transactions Hit 11.6 Million, But User Growth Isn't Keeping Pace
USDe has pushed Robinhood Chain's TVL higher and transaction volume has surged to 11.6 million per day, making the on-chain numbers look great. But the user base has barely grown over the same period, exposing a clear gap between the two trend lines.
Microsoft's Maia 300 Reportedly Debuting in September: From 116K to 300K Units, This Time It's Really Breaking Away from Nvidia
Reports suggest Microsoft will unveil its AI chip Maia 300 as early as September, with an initial order of over 300,000 units placed with TSMC and a long-term target of 1 million units—2.6 times the scale of its predecessor. The chip is seen as a key bargaining chip in courting Anthropic.
Miners Go Dark, Racks Light Up: Riot Platforms' $9.1B Deal Turns Bitcoin Mines Into AI Data Centers
Riot Platforms dropped news of a mysterious 20-year lease with a "frontier AI lab" and a quarterly loss on the same day—and its stock still popped 25% after hours. The mining company's answer: sell power to compute, not hashrate.
Congress Stalls, SEC Takes Matters Into Its Own Hands: Regulation Crypto Hits the Agenda
The Senate left the Clarity Act on the table before recess, but SEC Chair Paul Atkins isn't waiting around—he's scheduled an August 14 meeting to kick off the agency's first formal crypto issuance rulemaking process.
Binance Named on Taiwan's VASP Warning List: Biggest Exchange, Last to Be Called Out — And the Reasoning Raises Eyebrows
The trade association announced on August 10 that Binance had failed to complete anti-money laundering registration, adding it to a warning list alongside offshore exchanges like Bybit and OKX. Yet Binance's cooperation with anti-fraud investigations may exceed that of most member exchanges.
From 12-Day Church Occupation to Anthropic's 800-Seat Office: King's Cross's AI Glow-Up
London's King's Cross was once a hotbed of drugs and sex work — now it's ground zero for OpenAI and Anthropic thanks to the "DeepMind effect," with rents up nearly 20% in three years and a fierce talent war heating up.
Bitcoin ETFs Pull In $853M in a Week — But Nearly 80% Came From BlackRock Alone
Spot bitcoin ETFs posted their biggest weekly net inflow since mid-April in the week ending August 7, with BlackRock's IBIT alone accounting for $693 million. The flows are highly concentrated, and year-to-date, the category is still sitting on a net outflow of $4.5 billion.
An Unsigned Hawkish Memo Just Moved Up the BOJ's Rate-Hike Timeline
The summary of opinions from the July meeting, released on August 10, carries no names attached — yet it's forcing markets to recalculate the Bank of Japan's rate-hike schedule. The shift in tone, from "the risk of waiting is minimal" to calls for a substantial hike, matters more than the numbers themselves.
Payrolls Miss Big, S&P Hits Record High—But Bitcoin Can't Even Muster a 0.02% Move
July nonfarm payrolls unexpectedly shed 23,000 jobs instead of adding them, propelling the S&P 500 to a fresh all-time high—yet Bitcoin and Ethereum barely blinked. Instead, it was short sellers who got crushed hardest in $171 million worth of liquidations.
World Liberty Took $100M From a Backer Now Under UK Money Laundering Investigation
Businessman Guren "Bobby" Zhou wired $100 million to World Liberty, pulling the crypto project into an ongoing investigation. He hasn't been charged, but UK authorities confirmed the case was still active as of late July.