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Western Union boosts dollar remittances; crypto startup grows $4B card empire; Russia caps crypto trading.

Western Union Turns Dollar Remittances Into Instant Visa Spending Power

CoinPaprika - Western Union and Rain launched Stablecard, a digital wallet and USDPT-backed Visa card, on 4 August 2026. The product goes live in 37 markets, with Western Union targeting more than 60 markets by year-end.

How a crypto startup quietly siphoned 470,000 Binance users to build a $4 billion card empire

CryptoSlate - Binance-affiliated entities filed a Hong Kong petition against RedotPay's founders, alleging the payment startup used its partnership with Binance to divert more than 470,000 Binance Card customers into its own competing stablecoin card. As Bloomberg News reported, Binance claims $472.8 million in losses, built on an estimated $925 lifetime value per customer, and says RedotPay […] The post How a crypto startup quietly siphoned 470,000 Binance users to build a $4 billion card empire appeared first on CryptoSlate.

German Bitcoin Developer Reveals Key Reasons He Missed Out on BTC Gains

U.Today - A well-known German Bitcoin developer has revealed that fears over self-custody security kept him from buying more BTC. A well-known German Bitcoin developer has revealed that fears over self-custody security kept him from buying more BTC.

Google Cloud eyes enterprise distribution in $100M deal with self-improving AI builder Mirendil

Cryptopolitan - Mirendil, an AI lab founded by former Anthropic researchers, has agreed to a multi-year Google Cloud partnership worth more than $100 million.  Its CEO, Behnam Neyshabur, confirmed the partnership and stated that it was to secure the compute behind its self-improving AI. Mirendil raised $200 million in a seed round at a $1 billion valuation...

BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification

CryptoSlate - BNY's Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy's infrastructure, the two firms said Aug. 4. BNY touches roughly 20% of the world's investable assets, with $62.6 trillion in assets under custody and administration as of June 30. Galaxy is one of three validator firms approved to stake Ethereum for […] The post BNY and BlackRock funnel billions through one infrastructure provider, exposing the fragile illusion of crypto diversification appeared first on CryptoSlate.

Cathie Wood's Ark Invest Makes SpaceX, Circle Top Holdings After Latest Buying Spree

Decrypt - SpaceX and Circle rank among the 10 largest positions in Ark's flagship innovation fund after the firm continued buying both companies following their second-quarter earnings.

Russia Legalises Crypto Trading, but Caps Retail Buyers at $3,700 a Year

CoinPaprika - Russian President Vladimir Putin signed a law on 4 August 2026 that legalises regulated cryptocurrency trading under central bank oversight. Retail investors can buy the most liquid tokens up to 300,000 rubles, about $3,700, per intermediary each year.

US Senate will vote on CLARITY crypto bill ‘without any question’ this week: Tim Scott

CoinTelegraph - The South Carolina lawmaker who heads the Senate Banking Committee said that the majority leader still had time to put the crypto bill on the agenda despite the narrow voting window.

Strategy’s Saylor Claims ChatGPT Fueled $15B Financial Breakthrough

Bitcoin.com - Strategy’s founder, Michael Saylor, says artificial intelligence (AI) helped Strategy design a financial product that unlocked roughly $15 billion in capital, a milestone he argues demonstrates how AI is changing business just as profoundly as bitcoin changed digital ownership. Speaking with Steven Bartlett on The Diary of a CEO podcast, the Strategy executive chairman described […]

Bitcoin miners’ AI pivot loses Wall Street’s wow factor

CoinTelegraph - New analysis finds AI infrastructure contracts are becoming larger and more profitable, but investors now demand stronger execution before rewarding bitcoin mining stocks.

How institutional dark pools quietly ate 15% of crypto volume and killed the retail whale-watching edge

CryptoSlate - sFOX says execution through crypto dark pools rose from negligible volume in April to 15% of monthly volume by June. Separately, the firm's July 30 report puts OTC-desk routing at 77.7% of institutional volume moving through the platform, versus 18.4% landing on public exchanges. May's dark-pool volume alone came to $147 million. Diana Pires of […] The post How institutional dark pools quietly ate 15% of crypto volume and killed the retail whale-watching edge appeared first on CryptoSlate.

DuckDuckGo’s Meta-Trolling 'Normal F***ing Sunglasses' Sell Out in Under a Week

Decrypt - The $35 frames have polarized lenses, UV protection and no camera, microphone, battery or electronics of any kind.

XRP ETFs Enter Red Zone as Price Retests $1.04

U.Today - XRP sees first outflow in multiple weeks as its price continues to plunge deeper, causing both retail and institutional investors to exercise caution. XRP sees first outflow in multiple weeks as its price continues to plunge deeper, causing both retail and institutional investors to exercise caution.

BeInCrypto Stage at Rio Innovation Week: Where TradFi and Crypto Meet

BeInCrypto - The BeInCrypto Stage returned to Píer Mauá for the fourth year in a row at Rio Innovation Week 2026, turning Wednesday morning into a showcase of the agenda now drawing banks, exchanges, and card issuers closer together.  Executives from companies including Binance, Visa, Nubank, BNY, Crypto.com, Mercado Bitcoin, and Bitso, among others, shared the stage The post BeInCrypto Stage at Rio Innovation Week: Where TradFi and Crypto Meet appeared first on BeInCrypto.

CoinZoom Crypto Card Spending Jumps 163% as Gas and Grocery Bills Bite

TheCurrencyAnalytics - CoinZoom’s debit card is getting a real workout. Spending surged through the first half of 2026 as cardholders leaned hard… Read the original on CoinZoom Crypto Card Spending Jumps 163% as Gas and Grocery Bills Bite. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Bitdeer lands $4.7 billion AI lease tied to Anthropic but must deliver by year end

CryptoSlate - The scheduled value assumes full performance, while credit issuance, committed project debt and delay protections remain undisclosed. The post Bitdeer lands $4.7 billion AI lease tied to Anthropic but must deliver by year end appeared first on CryptoSlate.

Smashburger CEO Jim Sullivan Explains Franchising Push, Pricing

Binance News - Smashburger CEO Jim Sullivan said the restaurant chain is doubling down on franchising and discussed the recent cyclosporiasis outbreak and the company’s pricing strategy on "Bloomberg Open Interest," according to Bloomberg.

Visa Reports $11.6 Billion in Net Revenue, Raises Q4 Growth Outlook

Binance News - According to CNBC, Visa reported net revenue of $11.6 billion in the latest quarter, up 14% from a year earlier, while non-GAAP diluted earnings per share rose 11% to $3.32. Global payments volume topped $4 trillion for the first time in a quarter, with cross-border volume up 12% and value-added services revenue up 34% in constant dollars to $3.8 billion. The company said its newest growth areas are also contributing, as commercial and money movement revenue increased 17% and Visa Direct crossed 4 billion transactions, up 21%. Management said U.S. payments volume rose 10%, processed transactions totaled 72 billion in the quarter, and growth improved across every spend band. Visa guided fourth-quarter net revenue growth to the high end of low-double-digit growth and EPS growth to ...

Bitcoin 30-Day Average Hashrate Falls 19% Amid Miner Capital Shift to AI

Binance News - Bitcoin's 30-day average hashrate has fallen 19% since November 2025, dropping from 1,108 EH/s to 898 EH/s. According to ChainCatcher, Glassnode said the nine-month decline is the longest in the network's history. The drop comes as mining companies undergo their largest capital migration on record, with miners holding more than $70 billion in AI contracts. Some electricity capacity previously used for Bitcoin mining has shifted to AI hosting and may be difficult to bring back.

Lumber Falls for 10 Straight Sessions as US Housing Cracks Widen

Binance News - Lumber futures have fallen for 10 consecutive sessions, their longest losing streak since December 2024, with prices near $586 after rejection at the $650 resistance zone. According to BeInCrypto, the slide comes as US builder confidence remains near multi-year lows and housing data continues to weaken. A decisive break below $580 would expose $565, while expected Federal Reserve rate cuts could support mortgage demand and wood prices.

Fox Revenue Jumps 28% as FIFA Men’s World Cup Boosts Ads and Tubi

Binance News - According to CNBC, Fox Corp. reported fiscal fourth-quarter revenue of $4.21 billion, up 28% from a year earlier, as the FIFA Men’s World Cup lifted advertising and streaming results. Advertising revenue rose 78% to $1.92 billion, driven largely by the tournament and Tubi, while Fox said the event also helped distribution revenue increase 5% and supported Fox One subscriber growth and retention. Fox CEO Lachlan Murdoch said on Thursday’s earnings call that the company’s fiscal year delivered record financial performance and that Fox One continued to exceed expectations. Fox said its broadcast and streaming coverage of the World Cup averaged about ...

UOB Says Southeast Asia’s AI Boom Depends On Infrastructure Buildout

Binance News - Artificial intelligence has become an economic growth engine in Southeast Asia, but the opportunity depends more on building the physical infrastructure than on adopting AI tools, United Overseas Bank executives said at the ASEAN Conference 2026. The region is seeing rapid hyperscaler capacity expansion, with Malaysia leading recent growth and Thailand, Indonesia and Vietnam also scaling up, according to BeInCrypto, while Singapore faces land and energy constraints. UOB’s Edmund Leong said about $150 billion could flow into regional energy infrastructure over the next five years.

Russian July Crude and Condensate Output Rises by About 100,000 Barrels a Day

Binance News - According to Jin10, Russia's July crude oil and condensate output increased by about 100,000 barrels per day from June to above 9 million barrels per day.

Kalshi Traders See 2-in-3 Chance The S&P 500 Tops 8,000 In 2026

Binance News - According to CNBC, speculators on prediction market platform Kalshi now give a 2-in-3 chance that the S&P 500 will cross 8,000 in 2026, after the index’s more than 5.5% four-day rally ended on Wednesday. As of Wednesday’s close, the index was about 3.6% below that level. Kalshi traders also assign a one-in-three chance that the S&P 500 will rise above 8,200 this year. Truist Wealth chief market strategist Keith Lerner said the firm’s investment thesis remains intact, with earnings still the main focus, estimates continuing to move higher, economic growth holding up and market participation improving.

Lumber Falls for 10 Straight Sessions as US Housing Cracks Widen

BeInCrypto - Lumber prices fell for 10 straight days, the longest streak since 2024. Here is what it signals for the US housing market. The post Lumber Falls for 10 Straight Sessions as US Housing Cracks Widen appeared first on BeInCrypto.

AI | DeepMind Shakeup Weakens U.K. Bid to Stay in AI Race

Binance News - Google's DeepMind restructuring has removed the last executive overseeing a major U.S. technology company's AI development from outside the United States, according to Bloomberg. Demis Hassabis had long been the only executive in that role, and no one now holds it, a change that underscores the U.K.'s fading position in the global AI race.

Warsh’s Market Reliance Could Weaken Fed Policy Tools

Binance News - Kevin Warsh’s view that financial markets should help the Federal Reserve do its job would amount to trading more precise policy tools for a blunter instrument, according to Bloomberg.

Evercore ISI Reiterates DoorDash At Outperform, Sees 45% Upside

Binance News - According to CNBC, Evercore ISI reiterated an outperform rating on DoorDash and kept its $300 price target, implying 45% upside from Wednesday's close. The firm said DoorDash is seeing more orders driven by strong demand from DashPass subscribers and noted that order growth accelerated at Deliveroo for a third straight quarter and at core Dash. DoorDash reported second-quarter total orders rose almost 28% from a year ago to 970 million, while gross order value increased 36% to $33.1 billion. The company posted earnings of 46 cents per share, in line with FactSet estimates, and revenue of $4.45 billion, above the $4.34 billion consensus. Shares were up about 3% on Thursday after the results and have gained 27% over the past three months, though they remain down about 6% ...

Krispy Kreme CEO Says Turnaround Is Improving Margins and Cutting Leverage

Binance News - Krispy Kreme CEO Josh Charlesworth said the doughnut chain's turnaround plan is showing progress, citing margin improvement and lower leverage, according to Bloomberg. Speaking on Bloomberg Open Interest, Charlesworth also said the company is adjusting its strategy to compete in the current environment.

Oil Rises as Iran-Oman Strait of Hormuz Deal Path Looks Less Clear

Binance News - Oil rose in a choppy session as the path toward an Iran-Oman deal to partially reopen the Strait of Hormuz looked less straightforward, with the US position still unclear, according to Bloomberg.

Flipkart's Super.money Adds Online Shopping, Installment Payments

Binance News - Flipkart-owned payments app Super.money is launching online shopping on its platform, allowing users to buy goods in interest-free installments as it broadens its fintech offering, according to Bloomberg.

STOCKS | Stocks Churn Ahead of Jobs Data as Oil Rises

Binance News - US stocks traded without a clear direction as investors held back before Friday’s jobs report, while higher oil prices stoked inflation worries and pushed bond yields higher, according to Bloomberg. The market move reflected caution in the run-up to the labor data, with traders avoiding large positions as energy costs rose.

U.S. EIA Natural Gas Inventories Rise 33 Billion Cubic Feet in Week to July 31

Binance News - According to Jin10, U.S. EIA natural gas inventories increased by 33 billion cubic feet in the week to July 31, above expectations of 30 billion cubic feet and the previous reading of 28 billion cubic feet.

IREN’s $625 million AI bet creates a $476 million stock overhang

CryptoSlate - The Aug. 4 filing covers 94.9% of the closing issuance; holders decide whether and when to sell. The post IREN’s $625 million AI bet creates a $476 million stock overhang appeared first on CryptoSlate.

Emerging Currencies Mixed Pending Hormuz Deal, US Payrolls

Binance News - Emerging-market currencies were mixed Thursday as investors awaited a deal to reopen the Strait of Hormuz and US labor market data, according to Bloomberg. Risk appetite wavered as markets looked for confirmation on both developments before taking a clearer directional view.

Inside Zoomex’s Strategy Center

BeInCrypto - Zoomex, a global cryptocurrency derivatives exchange operating under the philosophy of “simplicity × ease of use × speed,” continues to build out its Strategy Center, a hub that consolidates strategy backtesting, live execution, contract grid trading automation and copy-trader functionality into a single, unified workspace. Since its rollout, the feature has become one of Zoomex’s The post Inside Zoomex’s Strategy Center appeared first on BeInCrypto.

Citi Raises Microsoft Target To $600 After Azure Growth Beat

Binance News - Citi raised its price target on Microsoft to $600 from $570 after the company posted stronger-than-expected fiscal fourth-quarter 2026 results, led by accelerating Azure growth and earnings that topped Wall Street estimates. The bank kept a Buy rating and lifted its fiscal 2027 revenue and EPS forecasts by more than 1%, according to BeInCrypto, while also increasing its Azure growth outlook to 45.5%.

O'Leary Says Bitcoin Needs CLARITY Act As Senate Clock Ticks

Binance News - Kevin O'Leary said Bitcoin (BTC) will go nowhere until the CLARITY Act becomes law, as the Senate faces a roughly 48-hour window to bring the bill to the floor. According to BeInCrypto, Majority Leader John Thune has not yet filed the cloture motion needed for a vote, while the bill would split crypto oversight between the CFTC and SEC.

DaLand and Circuit Enable Credit Unions to Directly Access Bitcoin and Digital Assets

TheCurrencyAnalytics - American credit unions now have a concrete path to engage with Bitcoin — not through an external platform, not via… Read the original on DaLand and Circuit Enable Credit Unions to Directly Access Bitcoin and Digital Assets. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

AI Storage Must Balance Flash and HDD for Long-Term Scalability, Ahmed Shihab Says

Binance News - West Digital Chief Product Officer Ahmed Shihab said AI storage competition should not be reduced to flash versus HDD. According to Odaily, he said the key is whether storage architectures can scale economically as AI infrastructure expands and data grows to the PB and EB levels. Shihab said AI data continues to grow through training data, inference data, user interaction records, compliance data, and synthetic data. He said all-flash systems may be attractive in small deployments, but storage costs can become a burden as data volumes increase. He added that flash and HDD are complementary technologies for different workloads, with flash suited for low-latency needs ...

OpenAI Acquires Some Patent Assets From Rain AI

Binance News - OpenAI has acquired some patent assets from AI chip startup Rain AI after prior acquisition talks failed to produce a deal. According to ChainCatcher, Rain AI had been focused on developing specialized chips for artificial intelligence computing and had reportedly been close to stopping operations, with most employees already leaving. Rain AI, founded about eight years ago, counted OpenAI CEO Sam Altman among its investors. The patent purchase suggests that Altman's personal investments may lead to commercial ties with OpenAI in some cases, but not all portfolio companies will receive direct support from the company. ...

New Wallets Buy Millions of Dollars in CASCHAT Before Robinhood Listing

Binance News - According to Bubblemaps monitoring, several newly created wallets bought millions of dollars worth of CASCHAT before the token was listed on Robinhood two days later. According to ChainCatcher, the wallets are now showing combined unrealized profits of about $3 million.

COHRB Reaching a New All-Time High, Increase of 5.89% in 24 Hours

Binance News - On Aug 06, 2026, 14:23 PM(UTC). according to Binance Market Data, COHRB has achieved a new all-time high, trading at 349.12 USDT. The 24-hour increase of 5.89%

Peloton Gives Disappointing Fiscal 2027 Revenue Outlook

Binance News - Peloton Interactive Inc. gave a revenue forecast for fiscal 2027 that disappointed investors, according to Bloomberg, marking the latest setback in its comeback effort.

Krispy Kreme Cuts First-Half Capital Spending 70% Through Franchising

Binance News - Krispy Kreme Inc. slashed first-half capital spending by 70% by franchising much of its store network, as the doughnut chain continues efforts to reduce debt and overhaul operations, according to Bloomberg.

Copper Price Hits New All-Time High as $6.85 Becomes the Next Target

BeInCrypto - Copper price hits a new all-time high as tariff hoarding meets a global supply squeeze. The chart points to $6.85 next. The post Copper Price Hits New All-Time High as $6.85 Becomes the Next Target appeared first on BeInCrypto.

Coinbase Brings Nearly 4,000 US Stocks to UK Users in One App

Bitcoin.com - Coinbase has begun offering nearly 4,000 U.S. stocks to eligible U.K. users, combining equities and crypto in a single app. The service includes fractional shares, zero commissions and funding through pounds or USDC. Coinbase Opens 24/5 US Stock Trading to Eligible UK Users Coinbase is expanding beyond digital assets in the United Kingdom, rolling out […]

STOCKS | BP to Acquire Woodside's Majority Stake in Trinidad and Tobago Gas Project

Binance News - British Petroleum has agreed to acquire Woodside Energy Group's 70% interest in the offshore Calypso gas project in Trinidad and Tobago to take full control of the project. According to Sina Finance, the deal for the TTDAA Block 14 interest, also known as Calypso, would lift BP's stake to 100% and is expected to close by the end of 2026, pending government and regulatory approval. The London-based oil major did not disclose the amount it will pay for the stake. BP said Calypso is an early-stage deepwater gas project offshore Trinidad and Tobago, and it also holds a 45% stake in the Atlantic LNG facility near the country's southwest coast. ...

DeepSeek Resumes $8 Billion Funding Round With Monolith in the Running

Binance News - DeepSeek has resumed its second funding round, seeking close to $8 billion, with Monolith Management in talks to contribute, Bloomberg reported, citing people familiar with the matter. The reopening comes after the Hangzhou-based startup paused the process last month following frustration about leaked remarks from its founder to investors. DeepSeek is raising the funds at a valuation close to 500 billion yuan ($74 billion), the people said, though the size, timing and list of investors could still change. Chinese magazine Caijing reported the resumption earlier. DeepSeek is riding high after the release of its V4 Flash AI model, which reset ...

JPMorgan Raises Celanese Price Target to $76, Adds Stock to Focus List

Binance News - According to CNBC, JPMorgan added Celanese to its focus list, kept an overweight rating on the chemicals and specialty materials company, and raised its price target to $76 from $68, implying 76% upside from Wednesday's close. Analyst Jeffery Zekauskas said Celanese's acetyl chain earnings could rise meaningfully in 2026 on price inflation in acetic acid derivatives such as VAM and VAE, as well as in acetic acid itself, and described the stock as "unloved." He also said engineered materials volume, excluding the Micromax divestiture, is likely to improve year over year on easier comparisons and stronger demand from medical and electronics end markets. Celanese shares have fallen about 10% in 2026. The company reported better-than-expected second-quarter results on Wednesday, but ...

ASMLB Reaching a New All-Time High, Increase of 1.26% in 24 Hours

Binance News - On Aug 06, 2026, 14:12 PM(UTC). according to Binance Market Data, ASMLB has achieved a new all-time high, trading at 1,734.17 USDT. The 24-hour increase of 1.26%

AVGOB Reaching a New All-Time High, Increase of 0.51% in 24 Hours

Binance News - On Aug 06, 2026, 14:12 PM(UTC). according to Binance Market Data, AVGOB has achieved a new all-time high, trading at 426.17 USDT. The 24-hour increase of 0.51%

Microsoft Stock Forecast: Citi Raises MSFT Target to $600 After Azure Earnings Beat

BeInCrypto - Microsoft (NASDAQ: MSFT) is back in focus after reporting stronger-than-expected fiscal fourth-quarter 2026 results, prompting Citi to raise its price target on the stock while reaffirming its bullish outlook. The technology giant exceeded Wall Street expectations on both revenue and earnings, powered by another quarter of accelerating Azure growth.  Following the results, Citi lifted its The post Microsoft Stock Forecast: Citi Raises MSFT Target to $600 After Azure Earnings Beat appeared first on BeInCrypto.

ASTSB Reaching a New All-Time High, Increase of 1.82% in 24 Hours

Binance News - On Aug 06, 2026, 14:08 PM(UTC). according to Binance Market Data, ASTSB has achieved a new all-time high, trading at 71.23 USDT. The 24-hour increase of 1.82%

Apollo Agrees to Buy EasyJet for £5.7 Billion

Binance News - Apollo Global Management agreed to buy EasyJet Plc for £5.7 billion ($7.7 billion), in a deal that could reshape competition among Europe’s budget airlines, according to Bloomberg. The transaction gives Apollo control of the low-cost carrier and comes as the region’s budget-airline market remains highly competitive.

Tesla: TeraFab Will Be Built in Grimes County, Texas

Binance News - According to Jin10, Tesla said TeraFab will be built in Grimes County, Texas, and the number of chips needed by Tesla and SpaceX will far exceed current and future global production capacity.

U.S. Wholesale Sales Fall 3% in June

Binance News - According to Jin10, U.S. wholesale sales fell 3% in June, compared with the expected 2.2% and a previous reading revised from 3.40% to 3.5%.

Utah Ruling Leaves Kalshi Exposed in 7 Federal Circuits After Judge Rejects Federal Shield

TheCurrencyAnalytics - A Utah federal judge handed Kalshi a sharp loss Tuesday. U.S. District Judge Robert J. Shelby ruled that the Commodity… Read the original on Utah Ruling Leaves Kalshi Exposed in 7 Federal Circuits After Judge Rejects Federal Shield. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Fox Won't Renegotiate NFL Media Rights Deal Before 2030, Murdoch Says

Binance News - According to CNBC, Fox Chief Executive Officer Lachlan Murdoch said on a Thursday earnings call that the company will not renegotiate its NFL media rights deal before 2030, when the current contract expires through an opt-out clause. He said recent discussions with the league led Fox to decide against making amendments, and added that Fox will be ready to engage with the NFL closer to the 2030 season. The article said the NFL had held preliminary talks with Fox and CBS-parent Paramount Skydance about reworking the deals to eliminate the opt-out clause and raise the cost of live rights. Without the opt-out, Fox and Paramount's agreements would run through the end of the 2033-34 season. ...

Papa John's Falls After Cutting Full-Year Outlook

Binance News - Papa John's International Inc. shares fell after sales shrank again and the pizza chain cut its outlook for the rest of the year, according to Bloomberg. The company said consumers continued to pull back on spending and promotional deals failed to spur growth.

Michael Saylor Says Bitcoin Is Digital Capital and AI Is Digital Intelligence

Binance News - Michael Saylor posted on X that Bitcoin is digital capital and AI is digital intelligence. According to Odaily, he discussed with Steven Bartlett how the two are reshaping money, business, markets, work, and the future.

DeepSeek, Tencent, China Petroleum and China Southern Power Grid Join Unitree's Strategic Placement

Binance News - Unitree Technology said nine investors took part in its strategic placement for a total of 8.089286 million shares, or 20.00% of the offering. DeepSeek received 933,399 shares worth more than 140 million yuan with a 36-month lockup, while Shanghai Qishan Investment, a Tencent unit, China National Petroleum Group Kunlun Capital and China Southern Power Grid Industrial and Financial Holding Group each received 903,290 shares worth about 136 million yuan, according to Jiemian News. The company priced its science and technology innovation board IPO at 150.80 yuan per share, implying a post-offer market value of 60.993 billion yuan. The ...

Diageo Plots Turnaround With Cost Cuts, Mass-Market Push

Binance News - Diageo Plc is betting on cost cuts and a push for greater mass-market appeal to engineer a turnaround, according to Bloomberg. The British distiller, which spent years building a portfolio of high-priced drinks, is turning to UK supermarket veteran Dave Lewis to lead the effort.

U.S. Natural Gas Futures Fall Ahead of Storage Data

Binance News - U.S. natural gas futures fell as traders looked ahead to storage data. Wall Street Journal (Markets) posted on X, noting the move in the market before the release. The article did not provide additional details on pricing, supply, or demand factors behind the decline.

STOCKS | Yankees Announce Polymarket Partnership for Rest of Season

Binance News - The New York Yankees announced a partnership with Polymarket, making it the team’s official prediction market partner for the rest of this season. According to Foresight News, the partnership will give Polymarket brand exposure at Yankee Stadium and during team broadcasts. The Yankees are the second team in North America’s four major professional sports leagues to reach a deal with Polymarket. The NHL’s New York Rangers previously partnered with the company, which is also MLB’s official prediction market trading platform and the NHL’s official prediction market partner.

GEOPOLITICS | Congo Escalates Ebola Response as Outbreak Spreads

Binance News - The Democratic Republic of Congo is preparing a sweeping overhaul of its Ebola response as the country's largest outbreak continues to spread, according to Bloomberg. The number of new cases is still rising, prompting the government to step up its response.

Rheinmetall Turns to Frigate, Smaller Boats After Contract Loss

Binance News - Rheinmetall AG is shifting to its own frigate and several smaller boats to use underutilized shipyards after losing a German naval contract worth several billion euros, according to Bloomberg. The move follows the contract loss and gives the defense company a new workload for its shipbuilding facilities.

NVDAB Reaching a New All-Time High, Increase of 1.73% in 24 Hours

Binance News - On Aug 06, 2026, 13:37 PM(UTC). according to Binance Market Data, NVDAB has achieved a new all-time high, trading at 223.37 USDT. The 24-hour increase of 1.73%

STOCKS | Tech Shares Fall as Higher Oil Prices Lift Yields

Binance News - Technology stocks sold off and capped the broader market ahead of the jobs report as higher oil prices stoked inflation concerns and pushed bond yields higher, according to Bloomberg. The move left stocks under pressure, with the tech decline the main drag on trading.

Ford Fathom EV Truck to Start at Under $30,000 Next Year

Binance News - Ford Motor Co.’s new budget electric pickup, dubbed the Fathom, will start at just under $30,000 when it arrives next year, according to Bloomberg. The truck is Ford’s opening bid to compete with low-cost electric vehicles from China.

Ford Names New Midsize Electric Truck Fathom, Sets Starting Price at $28,350

Binance News - According to CNBC, Ford Motor said its new midsize electric truck will be called the Fathom and will start at $28,350, with destination and delivery charges of $1,595 bringing the total to $29,945. The five-passenger truck is set to go on preorder in early 2027, with customer deliveries expected later in 2027. Ford said the Fathom is the first vehicle built on its new Universal Electric Vehicle, or UEV, platform, which it has said is central to its Model e unit reaching breakeven by 2029. The company said the truck will be built with its new assembly tree manufacturing process at the Louisville Assembly Plant.

STOCKS | S&P 500 Call Option Volume Tops 4 Million, Setting Record

Binance News - Traders showed strong demand for options betting on further gains in the S&P 500, and call option volume for the benchmark index topped 4 million contracts on Tuesday, a record high. Put option volume was in line with average levels. According to Odaily, Simplex Trading trader Jason Coogan said the market saw one-way order flow over the two days ending Tuesday. Analyst Tanvir Sandhu said the options market was reflecting investor FOMO, with traders appearing more concerned about missing the next rally than protecting against a pullback. Sandhu also said the sharp shift in option skew showed strong call demand was helping keep implied volatility firm even as stocks continued to rise.

STOCKS | Tom Lee Sees S&P 500 Rising to 7,900-8,000 in August

Binance News - Bitmine Chairman and Fundstrat co-founder Tom Lee said the S&P 500 could reach 7,900 to 8,000 in August, which would leave as much as 3.6% upside from Wednesday’s closing level. According to Odaily, Lee said the main drivers could include strong technical momentum, faster corporate earnings growth, and a broader advance in the market. He said he remains bullish on semiconductors, software, Ethereum, and the Magnificent Seven technology stocks. Lee also said AI-driven earnings growth will continue to improve market expectations for corporate profits in 2027, and that AI-related investment may further lift future earnings forecasts and ...

Eightco Holdings Reports $378 Million in Assets, Including ETH and WLD

Binance News - Nasdaq-listed Eightco Holdings said its funding composition as of August 5 included $90 million in indirect OpenAI equity, $18 million in Beast Industries equity, 16,278 ETH, nearly 302 million WLD tokens, and $142 million in cash and equivalents. According to ChainCatcher, the company said these holdings totaled about $378 million.

Tom Lee Expects S&P 500 to Reach 7,900-8,000 in August

Binance News - Bitmine Chairman and Fundstrat co-founder Tom Lee said the S&P 500 could rise to 7,900-8,000 in August, implying as much as 3.6% upside from Wednesday’s close. According to ChainCatcher, Lee said the rally is being supported by strong technical momentum, accelerating corporate earnings growth, and a broader advance across the market. He remained bullish on semiconductors, software, Ethereum, and the Magnificent Seven, saying AI-driven earnings growth should continue to improve market expectations for 2027 corporate profits. Lee added that continued AI-related investment could raise future earnings forecasts further and support additional ...

AI TRENDS | Mirendil Signs Multiyear Google Cloud Deal for Self-Improving AI Research

Binance News - AI research startup Mirendil has signed a multiyear partnership with Google Cloud to secure large-scale computing resources for its self-improving AI research. According to Odaily, the agreement includes TPU and Nvidia GPU resources from Google Cloud, as well as managed AI training clusters, for developing systems that can continuously improve their own performance. Mirendil is focused on recursive self-improvement AI, in which systems iterate, learn, and optimize themselves over time. Mirendil co-founder and CEO Benham Neyshabur said the deal is worth more than $100 million, about half of the $1 billion valuation from the company’s seed round completed at the end of June.

Baili Tianheng Refiles For Hong Kong Listing

Binance News - A-share biopharmaceutical company Baili Tianheng, which halted its Hong Kong listing process last November, has once again filed for a Hong Kong listing, with Citic Securities, Jefferies, CICC and Deutsche Bank as joint sponsors, according to Ming Pao. The company was previously assigned the stock code 2615.

Binance Alpha POWER Trading Competition Offers $200,000 in Rewards

Binance News - Binance announced on X that the POWER trading competition on Binance Alpha has started, with users able to trade POWER on the platform for a chance to share $200,000 in rewards. The announcement says only trading volume from users who register successfully through the Participate button on the app’s event page will count as valid activity for the competition. The event also introduces a new rising trader bonus for eligible Alpha competition traders, which can unlock a 1.2x trading volume boost according to the rules set out in the event announcement. In addition, an early trader bonus coefficient has been added, with earlier trading receiving a higher boost and the first day of trading carrying a 2.0x coefficient. The competition will be based on each user’s ...

Toast Deepens Google Partnership to Bring AI Ordering Into Ask Maps

Binance News - Toast announced on August 6 that it is expanding its partnership with Google to bring agentic ordering experiences into Ask Maps, the conversational AI feature in Google Maps. According to Jiemian News, when users ask for restaurant recommendations or specific food preferences by voice or text in Ask Maps, the system will be able to show menus from Toast partner restaurants and help complete ordering and payment end to end.

PRECIOUS METALS | Gold Touches Highest Since Late June on Weak Jobs Data and Strait Deal Hopes

Binance News - Gold rose to its highest level since late June on Wednesday, lifted by weaker-than-expected employment data and expectations that the Strait of Hormuz could reopen. According to Sina Finance, spot gold briefly climbed to $4,295 an ounce before giving back gains, while Thursday's settlement price was about $4,268 an ounce. Gold futures last traded at $4,329 an ounce. The metal rose for a fourth straight session and hovered near a seven-week high. ADP said Wednesday that private-sector hiring in July slowed significantly, with most job growth coming from the health care sector. ...

JPYC Raises $38 Million Series B Led by Major Japanese Logistics Firm AZ-COM Maruwa

Binance News - JPYC raised $38 million in a Series B round led by major Japanese logistics firm AZ-COM Maruwa, lifting its total funding to $106 million across seven rounds since November 2021. The investment brings the company’s total raised to $106 million across seven funding rounds since November 2021, according to CoinDesk, with the new capital adding to its prior funding history.

Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects

CryptoSlate - Most of the balance is dedicated to project construction and debt service, while quarterly interest expense reached $51.2 million. The post Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects appeared first on CryptoSlate.

Flybondi Slashes 75% of Flights as Turnaround Falters

Binance News - Discount Argentine airline Flybondi has cut 75% of its flights and is on the brink of collapse, according to Bloomberg. The carrier is facing renewed strain eight months after an ally of Argentine President Javier Milei promised to invest $1.7 billion in an attempted turnaround of the decade-old airline.

Texas Pharmacy Recalls Glutathione Lots Over Bacterial Toxins

Binance News - A Texas-based compounding pharmacy is recalling certain lots of glutathione after they were found to be contaminated with bacterial toxins, according to Bloomberg. The recall adds to scrutiny of the rapidly expanding peptide market.

OIL PRICES | Brent Crude Rises More Than 2% to $80.39, WTI Gains to $76.57

Binance News - According to Jin10, Brent crude rose more than 2.00% intraday to $80.39 per barrel, while WTI crude added $0.40 to $76.57 per barrel.

predict.fun Launches One-Click Buy Feature Across All Crypto Rise-and-Fall Markets

Binance News - predict.fun said on X that its one-click buy feature is now available across all crypto rise-and-fall markets. According to Odaily, the feature has been rolled out on the platform.

AI | Bose Debuts Revamped QuietComfort Headphones With Better Noise Cancellation

Binance News - Bose Corp. introduced the latest version of its QuietComfort Headphones, featuring a revamped design, improved active noise cancellation and several features taken from the higher-end Ultra model, according to Bloomberg. The launch adds to Bose’s noise-canceling lineup with the updated QuietComfort model.

Family Offices Held Direct Investments Steady In July Amid Market Turbulence

Binance News - According to CNBC, ultrawealthy family offices made 57 direct investments in companies in July, unchanged from June, even as markets saw a sharp correction and soaring energy prices. The month’s largest deal was a $10 billion fundraise for Jeff Bezos' Blue Origin, which included $2 billion from Bezos Expeditions, the Amazon founder’s family office. AI startups accounted for most of the dealmaking, while more than 15% of investments went to clean energy and sustainability firms. Antora Energy closed a $550 million Series C round that included John Doerr as an investor, and John Arnold backed Hephae Energy Technology in a $17.8 million Series A round that closed in July. U.S. sustainability funds had $3 billion of inflows in the second quarter of 2026, ...

Russian Gold and FX Reserves Fall to $720.3 Billion as of July 31 Week

Binance News - According to Jin10, Russia's central bank gold and foreign exchange reserves stood at $720.3 billion in the week through July 31, compared with $732.1 billion previously.

JPMorgan Upgrades Charles River Laboratories To Overweight, Raises Price Target To $310

Binance News - According to CNBC, JPMorgan upgraded Charles River Laboratories to overweight from neutral and lifted its 12-month price target to $310 from $180, implying 19% upside from Wednesday's close. The bank said the drug researcher is likely to benefit from a recovery in biotechnology investment and from stronger momentum in its contract research organization business. Charles River reported second-quarter adjusted earnings of $3.02 per share, above the $2.74 expected by analysts polled by FactSet, and revenue of $1 billion, topping the $977.2 million consensus estimate. The company also raised its 2026 earnings forecast to $11.15 to $11.45 from $10.80 to $11.30. Charles River shares rose more than 11% on Wednesday after the results and have gained more than 43% over the past ...

Microsoft Opens Fourth Azure Data Center Region in India

Binance News - According to Jin10, Microsoft (MSFT.O) has opened its fourth Azure data center region in India.

STOCKS | Alphabet Adds More Underwriters to Up to $40 Billion Equity Plan

Binance News - According to Sina Finance, Alphabet supplemented the prospectus for its previously disclosed equity financing transaction of up to $40 billion and added several banks, including BofA Securities and Citi Global Markets, as underwriters. The supplement also showed additions including Deutsche Bank Securities, HSBC Securities, Wells Fargo Securities, Barclays Capital, BNP Paribas Securities, BTIG, Credit Agricole CIB, Mizuho Securities, RBC Capital Markets, SG Americas Securities, and TD Securities.

US Labor Productivity Rises as Firms Seek to Curb Costs

Binance News - US labor productivity accelerated at a faster-than-expected pace in the second quarter as employers sought to mitigate higher costs, according to Bloomberg. The report did not provide a figure for the increase, but said companies were trying to offset rising expenses by boosting efficiency.

CATL Block Trade Totals 1.21 Million Shares, Rmb469 Million

Binance News - CATL saw a block trade of 1.21 million shares on August 6, with turnover of Rmb469 million, accounting for 2.58% of the day's total turnover, according to Jiemian News. The average deal price was Rmb387.8 per share, a 0.05% discount to the market close of Rmb388, with the highest transaction price at Rmb388.14 and the lowest at Rmb387.7.

PRECIOUS METALS | World Gold Council: Gold Market Liquidity Loosens as Daily Trading Volume Falls to $356 Billion

Binance News - According to Jin10, the World Gold Council said gold market liquidity continued to loosen, with average daily trading volume falling to $356 billion per day, down 3.5% month on month.

PRECIOUS METALS | World Gold Council: Global Gold ETFs Draw $3 Billion In July, AUM Rises To $530 Billion

Binance News - According to Jin10, the World Gold Council said global gold ETFs attracted $3 billion in inflows in July, reversing two straight months of outflows and lifting total assets under management to $530 billion; holdings rose 23 metric tons to 4,068 metric tons.

PRECIOUS METALS | World Gold Council: Gold Prices Were Flat in July

Binance News - According to Jin10, the World Gold Council said positive momentum factors offset negative risk factors in July, leaving gold prices unchanged for the month. It said a second wave of high inflation similar to the late 1970s cannot be ruled out, but that would not by itself mean gold will rise sharply, as the outcome depends on real interest rates, the U.S. dollar, growth expectations, Asian investor demand, and how central banks respond.

Jim Cramer’s Charitable Trust Exits Honeywell Aerospace After 15% Loss

Binance News - According to CNBC, Jim Cramer’s Charitable Trust will sell 320 shares of Honeywell Aerospace at roughly $172.00 shortly after the opening bell and will no longer hold a position in the stock. The trust said it is taking the trade after Wednesday night’s comments on the company’s quarterly results and is exiting at roughly a 15% loss. Honeywell Aerospace cut its full-year organic sales growth and adjusted operating income outlook after the close Wednesday and also gave standalone adjusted earnings per share guidance below Street expectations. Management said supply chain constraints in the first quarter held factory volume growth below expectations, and the company’s anticipated ramp in output through the first half of the year and acceleration in the second half ...

Robinhood Launches CASHCAT

Binance News - Robinhood has launched CASHCAT. According to Foresight News, the listing went live on Robinhood.

Robinhood US 上线 CASHCAT

Binance News - 据官方页面显示,Robinhood US 上线 CASHCAT。



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