Odaily News: According to market reports, JPMorgan has terminated its banking relationship with Polymarket due to regulatory concerns.

Odaily News: Musk stated that due to insufficient electricity supply and difficulties in approving ground-based facilities, orbital computing (i.e., space-based computing platforms) may be the only way to massively scale AI by around 2029.

Odaily News, Galaxy Research Head Alex Thorn stated on the X platform that attacks exploiting the Coldcard hardware wallet vulnerability have noticeably declined, but cumulative losses continue to rise as more victims come forward. The impact of this incident on the Bitcoin community is significant, as the victims are primarily long-term BTC holders who adhered to self-custody cold storage principles, rather than those who lost assets due to high-risk trading or DeFi activities.

At a scale of $112 million, this incident ranks among the top 20 largest hacks in crypto history and is one of the most severe security breaches in the hardware wallet self-custody sector to date. Bitcoin culture may be entering a new phase—the era of relying solely on ideological advocacy and extreme self-custody promotion is coming to an end. The community needs to place greater emphasis on technical security, lower the barrier to entry for users, and avoid simply shifting the burden of security responsibility onto ordinary users. This crisis may ultimately drive the Bitcoin ecosystem to establish a more mature security framework.

Galaxy Research has directly contacted 190 victims and has confirmed with high confidence that the exploit has led to the theft of 1,778.84 BTC (approximately $112.7 million) from over 8,600 addresses. This tally does not yet include certain moderately credible suspicious attack records, such as the unconfirmed "Wave 4." If these potential attack scopes are incorporated, total losses could expand to 2,417.35 BTC (approximately $153 million).

Meanwhile, the incident is reshaping market perceptions of self-custody security. Galaxy noted that multisig wallets have emerged as the "winners" of this event, with no stolen transactions traced to multisig wallets so far. Multisig service providers including Casa, Unchained, Nunchuk, and Anchorwatch have all observed a notable increase in user registrations and BTC inflows.

Odaily News: Federal Reserve's Goolsbee supports the decision to hold interest rates steady in July, stating that if productivity continues to decline, expectations regarding AI will need to be reassessed. The CPI data is encouraging, but more data is needed before a judgment can be made. (Jin10)

Odaily News: According to a filing with the U.S. Securities and Exchange Commission (SEC), SoftBank Group has reduced its stake in TSMC (TSM.N) by 71.5%, bringing it down to 565,000 American Depositary Receipts. (Jin10)

Odaily News: Goldman Sachs has disclosed the acquisition of ETF management firm NEOS Investments in a deal valued at up to $2.25 billion, which is expected to close in the first quarter of 2027 pending regulatory approval. The market views this move as a way for Goldman Sachs to quickly enter the Bitcoin yield ETF space, potentially putting it ahead of BlackRock in the Wall Street crypto asset competition.

NEOS currently manages approximately $30 billion in assets, with its most notable product being the Bitcoin yield ETF BTCI (NEOS Bitcoin High Income ETF), which holds about $1.1 billion in assets. The fund generates monthly income for investors by holding Bitcoin-related ETFs and selling call options, currently offering a distribution yield of approximately 27%.

Bloomberg ETF analyst Eric Balchunas stated that by acquiring NEOS, Goldman Sachs gains BTCI, effectively bypassing the need to build a similar product from scratch and "beating" BlackRock's previously launched Bitcoin yield ETF product, BITA.

Goldman Sachs' deal is seen by the market as a new phase in Wall Street's crypto asset positioning. Industry insiders believe that Bitcoin spot ETFs represent the "first phase," while active management products based on Bitcoin, such as yield enhancement and options strategies, will become the focus of competition in the next phase.

However, BTCI's high yield comes with risks. The product does not directly hold Bitcoin but instead generates returns by selling call options on Bitcoin-related ETFs, potentially sacrificing some upside when the market rallies. Analysts note that BTCI's net asset value has fallen approximately 43% over the past year, and part of its high distribution yield may come from return of capital.

BlackRock has already launched a competing product, BITA, but its current scale is approximately $59 million, significantly lower than BTCI's roughly $1.1 billion in assets. The market is watching whether Goldman Sachs will maintain BTCI's existing structure after the acquisition is completed and further expand its competitive advantage in the Bitcoin yield product market. (Forbes)

Odaily News: South Korean enterprise-grade AI data infrastructure company GraphAI has announced the completion of a 17 billion KRW (approximately $12 million) Series A funding round, led by K2 Investment Partners, with participation from A-Ventures and Jiyu Investment, as well as Quad Ventures, Kiwoom Investment, and We Ventures, who previously participated in the Pre-A round. To date, the company's cumulative funding has reached 20.6 billion KRW (approximately $14.7 million).

Founded in 2022 by Min-Soo Kim, a professor at KAIST's School of Computing, GraphAI aims to provide next-generation data infrastructure for enterprise AI applications by integrating graph database, vector database, and relational database capabilities. Its Akasic platform offers an integrated solution covering enterprise data connectivity, ingestion, transformation, AI inference, and an intelligent agent (Agentic AI) execution environment. (Thelec)

Odaily星球日报讯 OpenAI 近期连续出现核心高管离职，引发市场对其在筹备大型 IPO 过程中治理稳定性的担忧。

本周，OpenAI 首席营收官（Chief Revenue Officer）Denise Dresser 宣布离职，此前长期担任公司运营负责人、后转任“特别项目”负责人的 Brad Lightcap 也宣布离开。此前加入 OpenAI 负责企业业务拓展的 Fidji Simo 也已退出核心管理层，使得公司高管团队在估值持续攀升、准备潜在上市之际出现明显变动。

OpenAI 目前正寻求支撑其约 8520 亿美元估值，并已于今年 6 月秘密提交 IPO 相关文件。投资者除了关注高管变动外，也在评估来自 Google、Anthropic 等竞争对手的压力，以及开源模型成本下降对商业模式带来的影响。

分析人士认为，核心管理层在 IPO 前流失可能成为投资者关注的风险信号。AI 初创公司 SignAudit.AI 创始人 Kevin McCormick 表示，OpenAI 高管在上市前离职是“重大警示信号”，尤其是部分高管可能放弃巨额潜在收益。

Odaily News: Luigi Mangione, accused of fatally shooting the CEO of UnitedHealthcare, has pleaded guilty in court to his federal criminal case. This plea agreement will avoid a federal trial in this high-profile case. Additionally, the plea may allow Mangione to seek dismissal of the murder charges against him in New York State and delay an upcoming state trial.

Mangione currently faces both federal and state charges. In January, a judge dismissed federal murder and firearms-related charges against Mangione, eliminating the possibility of the death penalty in his federal case. However, if he is convicted on the remaining two federal stalking charges, he could still face life in prison without the possibility of parole.

Regarding the state-level charges, Mangione had previously faced multiple charges including second-degree murder, illegal possession of a weapon, and possession of false identification documents. He has pleaded not guilty to all of them. Resolving the federal case may allow Mangione to seek dismissal of the second-degree murder charge under New York State law, which is designed to protect individuals from being prosecuted twice for the same act. However, prosecutors are expected to oppose this.

The state trial is scheduled for September 8. If convicted of second-degree murder, Mangione faces a sentence of 25 years to life in prison.

On December 4, 2024, Brian Thompson, CEO of UnitedHealthcare, a subsidiary of UnitedHealth Group, was fatally shot outside a hotel in Manhattan, New York City. A masked gunman waited outside the hotel in advance and fired multiple shots at Thompson upon his arrival before fleeing the scene. Five days later, Mangione was arrested in Pennsylvania. Subsequently, he was charged with murder and other offenses, appearing in court multiple times. (CCTV International News)

Odaily News: Tesla CEO Elon Musk received total compensation of approximately $15.83 billion in 2025, setting a record for executive pay. According to the AFL-CIO's executive compensation report, Musk's annual earnings are approximately 2.52 million times the average Tesla employee salary of $57,200, meaning it takes him just 4.23 seconds to earn what an average employee makes in a year.

The report shows that Musk's 2025 compensation primarily comes from restricted stock awards granted by Tesla, with the final value depending on the company's achievement of future performance targets. If all targets are met, the potential value of the compensation package could reach up to approximately $1 trillion.

The AFL-CIO stated that Musk's 2025 compensation package is "unprecedented," with the amount exceeding the combined CEO compensation of all other S&P 500 companies by 14 times. Including Musk, total CEO compensation at S&P 500 companies last year reached approximately $340 million, up about 1,700% year-over-year. Excluding Musk, the average S&P 500 CEO compensation was approximately $22.8 million, up 21% year-over-year.

The report notes that the massive gap between Musk's compensation and employee pay highlights the imbalance between executive compensation growth and average worker income growth in U.S. corporations. By comparison, the average S&P 500 CEO compensation is approximately 312 times the median employee salary. (Fortune)

Odaily News - AMD has announced "Day 0" support for Qwen3.8 27B, the latest-generation model from Alibaba's Tongyi Qianwen (Qwen) series, enabling developers to run this large-scale open-source AI model locally on AMD hardware on the very day of its release.

AMD stated that Qwen3.8 27B is a 27B-parameter intensive model suited for local AI development, continuing the Qwen series' optimization focus on code generation, practical work tasks, scientific research, and long-context AI applications. The model can run via the open-source inference framework llama.cpp on AI PCs and workstations powered by AMD processors, or on a single AMD 32GB graphics card, while also supporting AMD hardware platforms with over 24GB of variable graphics memory (VGM) or VRAM capacity.

AMD's preliminary tests show that Qwen3.8 27B delivers strong local inference performance on AMD platforms: up to 24.5 tokens/second on the AMD Ryzen AI Max+ 395 processor, and up to 51.8 tokens/second on a single Radeon AI PRO R9700 GPU. The tests were conducted on Windows systems using the llama.cpp Vulkan backend with multi-token prediction (MTP) optimization enabled. AMD noted that actual performance still has room for improvement as further software and model optimizations are rolled out.

Odaily News: Luigi Mangione, the suspect in the murder case of the insurance giant's CEO, stated at a court hearing that he intends to plead guilty to the killing of the UnitedHealth Group CEO.

Odaily星球日报讯 马来西亚稳定币公司 BLOX 宣布完成 100 万美元种子轮融资，新加坡风险投资基金旗下科技投资部门 Kivo Technology 领投，新资金用于扩大其基于马来西亚林吉特（MYR）支持的稳定币 MYRC 发展。据悉，BLOX 已参与马来西亚国内区块链支付概念验证项目，通过 MYRC 探索基于区块链的本地支付场景。（Fintechnews）

Odaily News According to the 13F filing submitted by Saudi Arabia's Public Investment Fund (PIF) to the U.S. Securities and Exchange Commission (SEC), PIF held shares in multiple U.S. listed companies as of the end of the second quarter. Among them, SpaceX's holdings had a market value of approximately $26.34 billion, making it one of the largest positions on the disclosed list.

The filing shows that PIF also held approximately 24.81 million shares of Electronic Arts, with a market value of about $5.09 billion; approximately 72.84 million shares of Uber, with a market value of about $5.26 billion; and approximately 177 million shares of Lucid, with a market value of about $1.18 billion. In addition, PIF held approximately 1.28 million shares of ClariTev, with a market value of about $43.7 million.

Odaily reported that Texas Governor Greg Abbott announced that Galaxy Digital, Compass Datacenters, and Montera Infrastructure have committed to complying with new standards and regulatory requirements established by Texas for data center construction.

It is understood that these guidelines are being implemented across data center projects statewide, aiming to ensure that data center expansion does not add burdens to residents, nor affect grid stability, water supply, or community quality of life. Under the new rules, data center operators must meet several requirements, including: bearing the costs of power infrastructure themselves without shifting construction and operational costs onto Texas households and small businesses; implementing water recycling for their own use to reduce pressure on public water resources; taking measures to lower overall electricity costs; avoiding disruption to residential communities by reducing noise, light, and traffic impacts; and reducing dependence on government subsidies and taxpayer funds to achieve self-sustaining project operations.

Additionally, the Public Utility Commission of Texas (PUCT) and the Electric Reliability Council of Texas (ERCOT) will review data center projects, requiring companies to disclose project ownership structures, government subsidy details, electricity demand forecasts, self-built power generation plans, water usage plans, and community impact mitigation measures.