Odaily reported that Citigroup has lowered its price target for Coinbase from $400 to $235.

Odaily AI infrastructure project Vanar has announced its migration to the Base network. The positioning of the VANRY token will shift from supporting blockchain infrastructure to coordinating and incentivizing the AI Organizations ecosystem.

Vanar stated that it is building an AI Organization economic system, enabling functions such as product development, service delivery, order processing, USDC settlement, and reputation recording through organization-level AI agents. The team believes that the core bottleneck for future AI development will shift from model capabilities to identity, trust, memory, and organizational structure.

Regarding the token migration, existing VANRY holders will migrate at a 1:1 ratio, meaning their holdings will not change. However, the total supply will increase from 2.4 billion to 10 billion tokens to support incentives for the AI Organizations ecosystem, developers, partners, and infrastructure development.

According to the official statement, 62% of the total supply will remain locked initially. Newly allocated tokens will adopt a lock-up and 60-month linear release mechanism, with the full release cycle expected to be 5 years.

Additionally, Vanar will terminate the validator node staking mechanism on Vanarchain and integrate its infrastructure into the Base network. The team plans to launch the Vanar Genesis event on August 3rd, where the first batch of AI Organizations will go live, alongside a reward pool of 100 million VANRY tokens to incentivize high-performing ecosystem projects.

Odaily reported on July 23 that Justin Sun, founder of TRON, was invited to attend WikiExpo Hong Kong 2026 via video and delivered a keynote speech titled "TRON and the Future of Global Payments." During the conference, Justin Sun was awarded the "Most Influential Innovator of the Year Global Award," and TRON received the "Best Blockchain Infrastructure for AI Agent Payments Award."

Justin Sun stated that blockchain is becoming a new generation of financial infrastructure connecting global payments, stablecoins, DeFi, and AI applications. Currently, the number of accounts on the TRON blockchain has exceeded 390 million, with the circulation of USDT on the chain reaching approximately $90 billion; the B.AI user base has surpassed 2 million, accelerating the connection between model capabilities, payment systems, and AI agent applications, enabling agents to autonomously complete identity verification, fund management, and on-chain transactions.

According to data from MSX.COM, Tesla's pre-market decline has widened to over 6%.

According to Odaily, in April of this year, Bitcoin developer Paul Sztorc announced the activation of a Bitcoin eCash hard fork at block height 963,648 (approximately August 21st), which will spawn a new chain named eCash. At the same time, eCash will airdrop its native token, ECX, at a 1:1 ratio to all Bitcoin addresses that hold BTC before block height 963,648. No registration or pre-claim is required, but users must transfer their BTC to eCash's self-custodial wallet. As of now, support for this hard fork within the Bitcoin community remains low.

It is worth noting that in August, Bitcoin will also undergo the BIP-110 soft fork. At block height 961,632 (approximately August 7th), BIP-110 will enter its enforcement period, and the soft fork will be officially activated at block height 963,648 (approximately September 1st).

Odaily reported that according to official announcements, OKX’s Dual Currency Investment products, along with Grid Trading and Dollar-Cost Averaging strategy products, now fully support tokenized stock assets. Users can select from 11 tokenized stock assets such as XNVDA and XTSLA in the App under "Explore > Dual Currency Investment", set their strategy, term, and target price to participate, with a minimum investment starting from 10 USDT.

Official notice indicates that Dual Currency Investment products with tokenized stocks do not support early redemption. If the underlying assets undergo corporate actions such as dividends, stock splits, or reverse stock splits, the product terms will be adjusted accordingly per the rules. Additionally, all spot trading pairs for tokenized stocks now support Grid Trading and Dollar-Cost Averaging strategies and can operate 24/7. Previously, on July 16, OKX launched unified spot trading for tokenized stocks.

Odaily reported that Bitget has announced its registration on the Financial Service Providers Register (FSPR) in New Zealand. The scope of its business includes foreign currency exchange, cross-border remittances, asset custody, portfolio management, and executing trades of financial products such as stocks and ETFs on behalf of clients. Additionally, Bitget has joined the New Zealand IFSO dispute resolution scheme, providing users with an independent channel for handling disputes. This move further enhances Bitget's global compliance infrastructure and also supports the expansion of traditional financial instruments and tokenized RWA business.

Previously, Bitget had obtained a DASP license in El Salvador and a FSCA license in South Africa. On the product side, Bitget has launched rToken, a US stock token pegged 1:1 to liquidity in traditional markets such as Nasdaq, and introduced a broker-direct US stock service, supporting trading in over 10,000 US stocks and options.

Odaily reported on July 23 that Moonshot AI's latest flagship open-source model, Kimi K3, has officially launched on B.AI Web Chat. B.AI had previously completed the Kimi K3 API integration, and the launch of Web Chat further lowers the barrier to entry. Starting today, users can directly experience the powerful capabilities of this world's first open-source 3T-level model in long-form coding, complex reasoning, and deep knowledge work on the web.

Odaily Odaily, Nasdaq-listed AI infrastructure company Axe Compute (NASDAQ: AGPU) announced that it has secured over $1.3 billion in new customer contracts through the Axe Compute Build program, covering the US and European markets. This surpasses its prior target of $1 billion in signed contracts for 2026.

These contracts follow a five-year commitment model, include renewal options, and are backed by substantial upfront payments from customers. Axe Compute will provide an integrated AI infrastructure service encompassing GPU selection, infrastructure design, deployment, ownership, and operations, supporting AI training, inference, and data-intensive applications.

Axe Compute stated that the related projects are expected to begin generating revenue by the end of the fourth quarter of 2026. Upon receiving the upfront payments in the third quarter of 2026, the annualized recurring revenue (ARR) after deployment is projected to exceed $384 million.

Company CEO Christopher Miglino indicated that, driven by growing enterprise demand for dedicated AI infrastructure, the company sees opportunities to add approximately $2 billion in new signed contracts this year.

Odaily Planet Daily News: EU High Representative for Foreign Affairs and Security Policy Kaja Kallas stated that sanctions have been imposed on over 100 banks and cryptocurrency operators, more than 40 shadow fleet vessels, as well as several refineries in Russia and Belarus. (Jinshi)

Odaily Odaily reported that Bitwise Chief Investment Officer Matt Hougan posted on platform X, stating that the crypto market has shown signs of bottoming out. Since July 1st, Bitcoin has risen by 9%, while the Nasdaq 100 Index has fallen by 6%. ETF fund flows have turned positive, and market sentiment is also improving.

He also stated that the new bull run in the crypto market should focus on Hyperliquid (HYPE) and Robinhood (HOOD), as they are exemplary cases of combining traditional finance and cryptocurrency. Hyperliquid is a crypto financial application with real revenue and a solid token economic model, while Robinhood is an established company that has excelled in building businesses on crypto technology.

Kalshi and Polymarket processed a combined trading volume of over $44 billion in 2025. As of April 2026, the monthly trading volume on the two platforms has risen to $24 billion, surpassing the average monthly betting volume of legal sports platforms in the United States. Kalshi reported $263.5 million in fee revenue last year, with its annualized revenue exceeding $1.5 billion since then. Prediction markets operate on a binary contract exchange model, where the platform matches buyers and sellers without placing bets, holding positions, or bearing the risk of event outcomes. Its primary revenue comes from transaction fees, with additional revenue sources including data licensing, API access for institutional traders, and, in some cases, market creation fees on the platform. In the U.S. market, Kalshi is a Designated Contract Market (DCM) registered with the Commodity Futures Trading Commission (CFTC). Polymarket re-entered the U.S. market at the end of 2025 by acquiring the CFTC-regulated QCEX for $112 million. Some states still classify prediction market contracts as gambling, and related federal and state-level lawsuits remain ongoing. The European Union's Markets in Crypto-Assets Regulation (MiCA) does not directly define the attributes of prediction market contracts, and classification varies among member states. If a platform uses crypto settlement and provides custody or transfer services to EU users, it must also obtain a license as a Crypto Asset Service Provider (CASP).

Odaily Odaily reports that Ki Young Ju, founder of CryptoQuant, posted on platform X that BitMEX recorded $84 million in BTC futures trading volume yesterday, accounting for a 0.08% market share. BitMEX, once an exchange that helped shape the industry, is now passing the baton to a new generation of exchanges inspired by it.

According to Gate market data, WTI crude oil futures have risen above $90 per barrel for the first time since June 11, with an intraday increase of 4.07%.

According to data from MSX.COM, AI concept stocks generally rose in pre-market U.S. trading. MRVL fell 2.75%, MU rose 4.6%, KLAC rose 0.92%, AMD rose 0.94%, and NVIDIA fell 0.26%.

It is reported that MSX.COM is a decentralized RWA trading platform that has listed hundreds of RWA tokens to date, covering U.S. stock and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.