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Stripe Stablecoin Department Head Connor Fitzgerald Announces Departure

Connor Fitzgerald, Head of Partnerships at payment company Stripe, announced on X that he has departed this week. During his tenure, Connor Fitzgerald facilitated partnerships between Stripe and Visa, among others, supporting wallet/fintech companies in issuing stablecoin-backed Visa cards.

Moonshot AI to Open Source 2.8-Trillion-Parameter Kimi K3 Weights, Chinese Open-Weight Model Token Share Rises to 68%

Chinese AI startup Moonshot AI will release the model weights of its high-performance model, Kimi K3. Developers can download the model, modify it for various purposes, and run it in their own data centers or cloud environments.Kimi K3 boasts 2.8 trillion parameters and a 1 million token context window, enabling it to process large-scale documents and codebases in a single pass. Moonshot AI plans to later publish a technical report detailing the model's architecture, training methodology, and performance evaluation results.Following the release of Kimi K3, Moonshot AI's daily revenue is reported to have increased by at least 6 times. The company is reportedly advancing a new round of fundraising at a $50 billion valuation and is considering a Hong Kong listing as early as this year.According to Bloomberg Intelligence, following the release of Kimi K3 and Z.AI's GLM-5.2, the share of Chinese open-weight models in overall token usage has risen to 68%. Services like AWS Bedrock, Microsoft Azure Foundry, and Google Vertex AI currently do not offer Chinese open-weight models such as Kimi K3 and GLM-5.2.

OPPO Launches Xiao Bu Next Plan, First Batch Supports Find X9/X8, OnePlus 15/13, and Other Models

OPPO officially launched the Xiao Bu Next Plan today, aiming to explore the next form of AI. The plan's core features include omni-domain memory, full-time perception, and expert team collaboration, enabling AI to shift from passive answering to proactively solving complex problems. The first batch of supported models covers the OPPO Find X9 Series, Find X8 Series, OnePlus 15, OnePlus 13 Series, and various other devices. After becoming co-creation users, users can get early access to these on-device first privacy and security features.

Bitget Launches Exclusive Event for New Users, Unlock USDT Rewards with Futures Trading

Bitget launches the New User Welcome Gift Event, with the participation period from July 27 to August 3. During the event, new users who complete KYC, make a first deposit of at least 200 USDT on the day, and achieve a daily contract trading volume of 4,000 USDT will receive a 20 USDT reward. Additionally, if the cumulative contract trading volume reaches specified thresholds, corresponding USDT rewards can also be obtained, with a maximum cumulative reward of 40 USDT per user. For details, please refer to the official Bitget platform.

Nomura: ChangXin Surges 471% on First-Day Opening, Target Price of 116 Yuan Implies 12x Upside

According to Chaoxiang Research, CXMT listed on the STAR Market on July 27, surging 471% at opening, with market capitalization briefly exceeding 3.3 trillion yuan. Nomura Securities released its initiation report on the same day, granting a Buy rating with a target price of 116 yuan, corresponding to a 20x P/E ratio based on 2028 EPS of 5.8 yuan, implying over 12x upside based on an issue price of 8.66 yuan. Nomura noted that AI is driving a structural surge in DRAM demand, with AI memory demand CAGR exceeding 60% from 2026 to 2030, while global supply growth rate is only 30% to 40%, and the supply-demand gap will continue to widen. As the world's fourth-largest DRAM manufacturer, CXMT currently holds a global share of about 10%, expected to rise to 18% by the end of 2028, approaching Micron's scale. Q1 2026 revenue was 50.8 billion yuan (YoY +719%), and net profit attributable to shareholders of the parent company was 24.76 billion yuan (YoY +1688%), with quarterly profit already exceeding the full year 2025. Nomura believes CXMT should enjoy a "China premium," with the 20x PE valuation based on the midpoint between Micron's 10x historical average and the 1 to 3x valuation gap between Chinese and US semiconductor equipment stocks. Northeast Securities gave a valuation range of 3.2 to 5.7 trillion yuan on the same day, while Nomura's 7.76 trillion yuan is relatively optimistic; the core divergence lies in CXMT's long-term market share ceiling.

BIT: BTC's RSI rebounded after falling to the 30% oversold zone

According to charts released by independent analyst Markus Thielen on July 27, 2026, the Bitcoin price and Relative Strength Index (RSI) trends show a clear divergence signal. The RSI recently fell to the 30% oversold zone, then rebounded to around the 50% level, while the BTC price also recovered from near the lows to approximately $64,645. Notably, the purple downward trend line in the chart shows that since the June 2025 high (approximately $125,000), BTC has been overall in a downward channel; the current price is still suppressed by this resistance line, and whether it can effectively break through will be key to judging subsequent trends.

Brazilian police have seized approximately $196 million in assets from a drug trafficking gang involved in money laundering via cryptocurrency

the Brazilian Federal Police, in Operation Commodity, have cracked down on a drug trafficking gang that laundered money through cryptocurrency. Since 2021, the gang has smuggled over 6.5 tons of cocaine to Europe via the Port of Rio de Janeiro, hiding the drugs in shipments of coffee, cement, and mortar. The operation covered the states of São Paulo, Minas Gerais, Santa Catarina, and Espírito Santo. Police executed 13 preventive arrest warrants and 44 search and seizure warrants. The court ordered the seizure of assets and the freezing of up to 1 billion Brazilian reais, approximately $196 million. According to police, the gang is linked to the Primeiro Comando da Capital (PCC) and Comando Vermelho (CV), and laundered money through a luxury car dealership in the Greater São Paulo area and shell companies. The dealership in question sold vehicles such as Ferrari, Porsche, Corvette, and Land Rover. Those involved used shell companies to issue invoices lacking supporting documentation, funneling drug trafficking proceeds into the Brazilian financial system and using cryptocurrencies to conceal transactions. The suspects will face charges including transnational criminal organization, international drug trafficking, and money laundering.

Bitget 上线加密合约 vs 股票合约对抗赛,总奖池达 3 万 USDT

Bitget 上线“加密合约 VS 股票合约”对抗赛,总奖池为 30,000 USDT,参与时间为 7 月 27 日 11:00 至 8 月 3 日 11:00(UTC+8)。前 3000 位报名用户完成任意合约交易量,即可获得 2 USDT 早鸟奖励。 用户可选择加入“加密合约战队”或“股票合约战队”,通过交易指定标的累计对应交易量;胜方与败方战队将分别瓜分 12,000 和 8,000 USDT 专属奖池,胜方冠军可享 2,000 USDT,败方冠军可享 1,500 USDT。此外,若每日累计合约交易量达标,还可额外获得 USDT 奖励。详情请参阅 Bitget 官方平台。

Upbit 将上线 GEOD 韩元、BTC 及 USDT 交易对

据官方公告,Upbit 将上线 GEOD 韩元、BTC 及 USDT 交易对。

Binance Alpha will list AEON on July 27 and open airdrop claims

According to the official announcement, Binance Alpha will be the first to list AEON (AEON) on July 27. Eligible users can claim the airdrop using Binance Alpha points on the Alpha event page after trading opens.

OKX will list AEON/USDT spot trading

According to the official announcement, OKX will officially open AEON/USDT spot trading on July 27 at 11:00 UTC, with deposits opening at 03:00 UTC and withdrawals opening at 13:00 UTC. AEON is a crypto payment infrastructure project oriented towards AI agents and real-world business scenarios, integrating AI-native payment protocols such as x402, ERC-8004, and Google AP2, and supporting interoperability between on-chain assets and global offline merchant payment networks.

Research: AI Code Review Can Reduce Review Time, But Quality Risks Cannot Be Ignored

According to the research summary published by Rohan Paul, a large-scale study covering 207 GitHub projects and 1.02 million pull requests shows that introducing AI agent review can reduce code review time by 2.5 to 4.5 days/KLOC, but at the cost of declining review quality—in reviews involving AI, 78%~94% of PRs exhibit "review smells", higher than the 69%~76% in pure human reviews. The study points out that repeatedly assigning the same AI reviewer identity is the main reason leading to the decline in review diversity. Notably, projects that introduced LLM review extensively in the early stage did not achieve significant efficiency improvements.

Converted to the standard XYZ perpetual contract, ChangXin Memory Technologies supports 10x leverage and around-the-clock trading

Odaily reports: trade.xyz posted on X platform, stating that ChangXin Memory Technologies has been converted to the standard XYZ perpetual contract, supporting 10x leverage and enabling 7×24 trading throughout the year.

Coinbase CEO Says Changing X Avatar to Cause Meme Coin Crash Was a Misjudgment of the Community

on July 27 that during an interview with crypto KOL Ansem, Coinbase CEO Brian Armstrong stated that the crash of related Meme coins triggered by his change of X avatar was a complete misjudgment of the community's reaction. He described it as a "wake-up call" and said he will try to communicate expectations more clearly in the future.Previously, the Meme coin Brain attracted market attention because it adopted the native B20 token standard introduced by the Base chain's Beryl upgrade, and its token name was derived from Brian Armstrong. After Brian Armstrong briefly changed his X avatar to match the coin's icon, the community speculated, driving up trading activity.Later, when Brian Armstrong changed his X avatar again, Brain faced massive sell-offs and gradually collapsed to zero, sparking controversy within the community.

Bithumb Will List BANK KRW Trading Pair

According to the official announcement, Bithumb will list the BANK/KRW trading pair.

OKX to List FWDI, AEHR, and FLY Stock Perpetual Contracts

OKX will list FWDI (Forward Industries), AEHR (Aehr Test Systems), and FLY (Firefly Aerospace) stock perpetual contracts between 17:00 and 17:30 on July 27.

Hyperliquid’s “priority fee” mechanism has generated $5 million in revenue, with annualized revenue expected to grow to between $50 million and $100 million

Odaily GLC Research posted on X, stating that Hyperliquid’s “priority fees” mechanism has achieved great success, having cumulatively generated over $5 million in revenue to date.Based on the 14-day and 30-day average, the annualized buyback scale supported by this revenue has exceeded $30 million, accounting for approximately 7% of HYPE’s total revenue. Considering that “priority fees” are still in a very early stage, it is expected that this figure will continue to grow, with the annualized scale of this revenue projected to reach between $50 million and $100 million by the end of the year.

Decentralized storage project Storj Labs files for bankruptcy protection

According to Cointelegraph, decentralized cloud storage provider Storj Labs has filed for Chapter 11 bankruptcy protection with the U.S. Bankruptcy Court for the Northern District of West Virginia. The company stated that during the restructuring, the network will maintain normal operations, customer service will not be affected, and parent company Inveniam will continue to provide support. Storj management plans to propose a mechanism allowing STORJ token holders to participate in the equity of the restructured company, but specific eligibility criteria, token snapshots or lock-up arrangements, and equity allocation ratios have not yet been disclosed; any plan must be approved by the court.

WEMIX Stablecoin Hacked, Approximately $6.25 Million WEMIX$ Abnormally Outflowed

According to "Digital Assets", South Korean blockchain platform WEMIX released an official announcement on July 27, acknowledging a security incident involving its stablecoin WEMIX$ (WEMIX Dollar) smart contract. The incident occurred at 6:18 PM on July 26, when the owner permissions of the WEMIX$ smart contract were hijacked, resulting in approximately $6.25 million (approximately 87 million KRW) worth of WEMIX$ being abnormally minted and transferred to external addresses. WEMIX stated that it has identified the addresses suspected of being used in the attack and is conducting on-chain tracking, while collaborating with major exchanges and blockchain security agencies to monitor the flow of stolen assets, and will cooperate with law enforcement agencies if necessary.

POSCO International and LG CNS Pilot On-Chain Trade Receivables

South Korean trading company POSCO International and LG CNS are conducting a pilot program to deploy real-time trade receivables on the Injective blockchain, aiming to accelerate payment processes among its global subsidiaries. By placing receivables on a shared blockchain ledger, the two parties create a single, transferable record embedded with compliance rules, reducing reconciliation time between buyers, sellers, and banks. POSCO plans to advance this project into a live production environment after the pilot. The initiative involves blockchain applications such as trade finance, stablecoin-based funds transfer, and asset tokenization.