Odaily AI infrastructure project Venice has announced an update to its VVV and DIEM tokenomics model, introducing a new programmatic buyback and burn mechanism and gradually increasing the DIEM supply target from 38,000 to 40,000 tokens.

Venice stated that VVV is its core ecosystem asset, an ERC-20 token issued on the Base chain. After users purchase and stake VVV, they can earn rewards, unlock Venice Pro benefits, and use it to mint DIEM. Previously, a portion of platform revenue was used for market buybacks and the burning of VVV.

This update first expands the sources for VVV burning. Previously, Venice had already implemented an automated VVV buyback and burn mechanism through Pro, Pro+, and Max subscription revenues. Now, this mechanism will cover API credit purchases: for every $100 worth of Venice API credits purchased by a user, $5 will be used to buy and burn VVV. This process will be executed automatically. As API usage grows, more VVV will be removed from circulation.

Venice stated that the new API burn mechanism will be tracked separately on the official burn page, displayed distinctly from the burn records generated by subscription revenue.

Concurrently, Venice will adjust the DIEM supply target. DIEM is the second-generation token in the Venice ecosystem, used to provide access to AI model credits. Each DIEM corresponds to $1 worth of daily Venice AI credits.

DIEM can only be minted by staking and locking VVV. Users can use or sell these AI credits. Previously, the DIEM supply target was long fixed at 38,000 tokens.

Starting August 3rd, this target will be gradually raised to 40,000 tokens, adding up to 2,000 new DIEM minting capacity to the market. As each newly minted DIEM requires locking more staked VVV, this will correspondingly increase the daily supply of AI API credits.

Venice indicated that as the DIEM supply approaches the target, the minting cost (Mint Rate) will gradually increase. This increase in the supply target will provide users with greater minting capacity while maintaining the ecosystem's supply-demand mechanism.

This adjustment shows that Venice is strengthening its token economic flywheel through a path of "AI service demand growth → increased API revenue → continuous VVV burning → ecosystem value capture."

Odaily Planet Daily News: Trump Media & Technology Group (TMTG) is exploring the commercialization of real-time information feeds on its Truth Social platform, offering institutional clients high-speed access to Trump's posts at a price of up to $100,000 per month. Sources indicate that Trump Media & Technology Group has proposed a six-figure monthly fee plan to potential clients, allowing quicker access to the latest updates from U.S. President Donald Trump on Truth Social. The service is primarily aimed at institutional investors seeking to track policy signals, market sentiment, and the impact of political events with low latency.

As one of Trump's primary channels for public communication, Truth Social's content has long been a focus of financial markets. Information such as Trump's policy views, tariff measures, and regulatory statements has repeatedly triggered volatility in stocks, foreign exchange, and cryptocurrency markets. However, it remains unclear whether the high-speed data service has secured any clients yet, or how many institutions are willing to pay the listed fees. (Financial Times)

Odaily, Meta Platforms (META.O) is in discussions with Anthropic regarding a computing power lease agreement, with the potential collaboration scale reaching up to $10 billion over two years. (New York Times)

According to data from MSX.COM, the US stock storage sector turned higher and continued to climb, with SK Hynix rising over 8%, SanDisk up over 4%, and Micron Technology gaining over 3%. The Philadelphia Semiconductor Index has also narrowed its decline to less than 1%, after previously plunging as much as 5.6%.

Odaily reported that the French National Gambling Authority (ANJ) announced on July 17 that it will block access for users within France to the prediction market platform Polymarket, following a prior ban on accepting financial transactions from French accounts on the platform.

The ANJ stated that although France had already restricted financial transactions linked to Polymarket since November 2024, the platform's website remained accessible to French users, with user traffic continuously growing. Therefore, it decided to implement further web-blocking measures.

Data shows that Polymarket allows users to engage in predictive trading on the outcomes of future events, including politics, economics, and sports. Since the platform displays betting odds for different events in real-time, French regulators believe this constitutes promotion of unauthorized gambling websites.

The ANJ noted: "Promoting unauthorized betting or gambling websites in any manner is a criminal offense." The relevant violations could result in a maximum fine of 100,000 euros (approximately 147,000 Singapore dollars).

Regulators indicated that although French accounts are no longer able to conduct related transactions, access from French IP addresses has continued to rise, reaching 578,751 visits in June.

This blockade further highlights the attention European regulators are paying to prediction market platforms. As decentralized prediction markets like Polymarket grow rapidly worldwide, how to define them—whether as financial innovation, information markets, or gambling businesses—is becoming a focal point of regulatory discussions across nations. (Straitstimes)

Odaily "White Hair Stock God" Serenity posted on platform X, stating that due to the recent market downturn, his investment portfolio experienced a maximum drawdown of 49.4% this month. However, he still maintains his view on the long-term trend of the AI industry chain.

Serenity revealed that his investment portfolio is mainly concentrated in key segments of the AI industry chain, including: semiconductor upstream, memory chips, photonics, humanoid robotics, and AI infrastructure-related companies. Because these areas typically have higher beta attributes, he previously used leveraged investments but has reduced the leverage level after the current round of market decline.

Facing market skepticism towards AI-related assets, Serenity stated that recently a large number of investors have begun to believe: "AI is a bubble," "memory chips and the Korean KOSPI market are a bubble," "photonics is a bubble,"

"humanoid robots will not succeed," and "Neocloud (new AI cloud service providers) will eventually be replaced by hyperscale cloud vendors like Meta." Meanwhile, some retail investors and trading bots have even started advocating for "liquidating everything, the market will not recover."

Serenity said he still believes these investment themes are supported by structural revenue growth and technological change. He experienced similar drawdowns in the past when global tariff risks impacted the market, and the market eventually rebounded. His investment horizon is long-term, allowing him to withstand higher volatility, and he will not change his long-term judgment based on short-term price fluctuations. Sharing this drawdown data is also to maintain transparency, allowing the market to see the real risks behind high-volatility growth investments.

Serenity added: "If my prediction is that the revenue inflection point will come in the second half of 2027, and it is only 2026 now, then a decline of just a few weeks or months doesn't prove that the investment thesis has failed."

Odaily reported that Fabio Bassi, Head of Cross-Asset Strategy at JPMorgan, stated that European equities may continue to underperform relative to other major global markets as long as artificial intelligence remains the market's dominant theme. Bassi said: "If the AI theme remains dominant, I don't think Europe can close the gap with other markets." He noted that Europe faces structural headwinds such as higher policy rates, elevated energy prices, and low productivity. However, he believes that from a medium-term macroeconomic perspective, there are still supporting factors for the European market. Given Europe's large number of export-oriented companies, European equities will benefit from a resilient global economy. (Jinshi)

Odaily星球日报讯 据官方公告，币安宣布将在 2026 年 7 月 17 日 16：00（UTC）起陆续上线 Aerodrome（AERO）至 SimpleEarn 灵活产品、“买币”页面、币安闪兑、币安杠杆（全仓和逐仓）以及 VIP 借贷。用户可通过 VISA、万事达卡等方式即时购买 AERO，并在闪兑、杠杆和借贷功能中使用 AERO，相关服务将在 AERO 现货上线后一小时内开放。

Odaily reports that Samuel Tombs from Pantheon noted the University of Michigan Consumer Sentiment Index rose from 49.5 in June to 54.4, above the 50.5 expected by economists, yet still below last year’s average. Samuel Tombs pointed out that declining inflation expectations offer some relief to the Federal Reserve, but the lack of leverage for workers means the likelihood of wage growth rising due to the recent rebound in headline inflation is very low. (Jin Shi)

Odaily Planet Daily News: At the Science Frontier Forum of the 2026 World Artificial Intelligence Conference (WAIC), Turing Award winner Yoshua Bengio issued a warning via remote connection: "AI has both lowered the bar for causing harm and raised the ceiling of potential damage."

In recent years, this visionary "Godfather of AI" has been dedicated to addressing the security challenges posed by AI. The LawZero project led by Bengio is working to build protective systems capable of identifying and preventing harmful behaviors such as AI deception and self-preservation. The international AI safety report he spearheaded has also reached a consistent conclusion: current safety measures can no longer keep up with the explosive pace of AI capability development. (Tencent Technology)

Odaily reported that Robinhood is betting on the decentralized finance (DeFi) market by building its own blockchain, Robinhood Chain, aiming to bring over 10 million active users into the on-chain ecosystem. However, current trading activity on the network is still primarily driven by meme coin speculation, while the initial vision of tokenizing real-world assets (RWA) has yet to gain traction.

Trading volume on Robinhood Chain has seen rapid growth recently. On July 12, the chain’s 24-hour DEX trading volume reached approximately $878 million, briefly surpassing Coinbase’s Base and Ethereum to rank among the top in decentralized trading volume, sparking interest in the crypto community. However, Robinhood Chain is still in its early stages. Data shows:

1. On July 13, the chain’s perpetual contract trading volume was only about $5.9 million, while leading on-chain derivatives platform Hyperliquid recorded a trading volume of $8.9 billion during the same period;

2. Robinhood Chain’s bridged TVL is reported at around $734 million, but the actual on-chain total value locked (TVL) is approximately $211 million, with some assets remaining in wallets and not entering lending or yield protocols;

3. The market capitalization of tokenized RWA assets currently stands at just about $12.66 million.

Currently, most of the trading activity on Robinhood Chain comes from meme coins. The CASHCAT token, recently launched on the chain, surged over 2,100% in one week, reaching a market cap of $156 million at one point—12 times the size of the entire RWA market on the chain.

Robinhood stated that early on-chain activity is meeting expectations, with developers building out the ecosystem and users actively engaging with the network. The company emphasized that the long-term goal remains to bring real-world assets like stocks and ETFs on-chain, enabling services such as 24/7 trading and on-chain lending.

Analysts believe Robinhood Chain’s development trajectory mirrors the early stages of some new public chains: gaining initial traction through speculative trading before proving whether it can convert this into long-term users, a developer ecosystem, and real financial applications. The key going forward will be whether Robinhood can leverage its massive retail user base to transform the short-term meme coin frenzy into a sustainable on-chain financial ecosystem. (CoinDesk)

Odaily: According to IRNA (Islamic Republic News Agency), the Deputy Governor of Bushehr Province in Iran stated that the oil tanker "Belma" was again struck by two American missiles while the empty tanker was anchored at Kharg Island. (Jin Shi)

Odaily Odaily reports that security researchers have discovered an information-stealing malware targeting MacOS devices that is attacking crypto users. It can hijack Telegram Desktop sessions, steal passwords and wallet databases, further controlling user accounts and stealing digital assets. Affected wallets and applications include: Exodus, Atomic, Electrum, Wasabi, Monero, and others.

Security experts advise that users with potentially infected devices should immediately treat them as "untrusted devices," terminate all active Telegram sessions, and change both their Telegram two-factor authentication password and desktop app password. Additionally, users should not enter seed phrases, private keys, or wallet passwords on the infected device, and should generate a new wallet and migrate their assets. (FinanceFeeds)