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Project Overview
Edge is a self-custody wallet that empowers users worldwide to interact with the crypto economy, making self-custody intuitive and accessible. It allows users to buy, sell, and trade cryptocurrency with a high level of security and privacy.
AI Data Analysis Platform Polysights Raises $1.5 Million in Pre-Seed Funding, with YZi Labs Among Participants
Polymarket-backed AI data analysis platform Polysights announced the completion of a $1.5 million Pre-Seed funding round, with participation from YZi Labs, Maven11, Varys Capital, Contribution Capital, and Edge Ventures. The platform is currently in its Beta stage, and the new funds will support its use of AI technology to detect wallet clustering behavior, abnormal market fluctuations, and potential insider trading signs, providing data analysis support for traders, research institutions, and institutional investors (CNBC).
Datavault AI to Raise $2 Billion to Expand GPU Edge Computing Network
According to Businesswire, Nasdaq-listed digital asset treasury company Datavault AI announced that it has signed a non-binding financing agreement to complete a $2 billion structured financing in four tranches. The counterparty will subscribe to newly issued shares of Datavault AI at a price per share ranging from $1.55 to $2.00, backed by collateral financing from Datavault AI’s digital asset exchange and RWA tokenization business. The new funds are intended to expand Datavault AI’s SanQtum GPU edge computing network, support platform development, and repay existing debt.
Bernstein: CLARITY Act Yield Compromise to Strengthen Circle's Competitive Edge
Odaily. Bernstein stated in its latest research report that the newly reached compromise on stablecoin yields under the U.S. CLARITY Act is structurally beneficial for Circle and the USDC ecosystem.The report notes that the current version of the bill prohibits stablecoin issuers from paying interest to passive holders that is "economically equivalent" to bank deposits, but allows reward mechanisms tied to actual transaction, payment, and usage activities to continue. Bernstein believes this means Circle's current model, which relies on partners like Coinbase to provide USDC reward programs, will gain regulatory recognition, while also limiting the industry's ability to compete for market share through high yields.Bernstein points out that the bill effectively reinforces the positioning of stablecoins as "payment tools" rather than "deposit substitutes," helping to protect Circle's current business model that relies on reserve income. The firm maintains an "Outperform" rating for Circle with a $190 target price.Data shows that the total global supply of dollar-pegged stablecoins has surpassed $300 billion, with USDT and USDC collectively accounting for approximately 97% of the market share. Bernstein notes that USDC's share in on-chain payments and wallet transfers is steadily increasing, and its share of payments in the AI Agent payment protocol x402 has exceeded 99%.Additionally, Bernstein mentioned that Circle's ARC chain has cumulatively completed 244 million testnet transactions. The ARC token pre-sale previously raised $222 million, with investors including a16z crypto, Apollo Funds, ARK Invest, and BlackRock.However, the report also points out that the CLARITY Act still needs to complete multiple legislative procedures before it takes effect, including a 60-vote threshold in the full Senate and coordination with the House version. Polymarket currently estimates its probability of passage by 2026 at approximately 62%. (The Block)
Digital asset financial services firm Tok-Edge will launch a crypto hedge fund and raise $100 million
Digital asset financial services firm Tok-Edge announced the launch of a cryptocurrency hedge fund targeting institutional investors, with a $100 million first-close target for 2026. Tok-Edge had previously operated in “stealth mode.” The fund’s long-term objective is to build a compliant crypto-asset allocation infrastructure for institutional investors. Its initial size stands at $21 million, backed by veteran traditional finance investor Marcus Meijer and his investment consortium, which intends to serve as the cornerstone investor with a $10 million commitment.
Malaysia Revises Civil Servant Asset Rules: Raises Shareholding Limits and Includes Digital Assets in Regulatory Framework
According to The Edge Malaysia, Malaysia has announced a comprehensive revision of its civil servants’ stockholding and asset declaration system. Per the latest notice issued by the Malaysian Public Service Department, civil servants may invest in shares of companies registered in Malaysia; however, their shareholding must not exceed 5% of the company’s paid-up capital or RM300,000 in total value—whichever is lower. Compared to the previous cap of RM100,000, the new limit represents a significant increase. At the same time, the revised rules introduce a cumulative shareholding cap. Notably, digital assets are included in the regulatory framework for the first time, with an explicit emphasis on transparency and accountability in civil servants’ investment activities—to keep pace with evolving financial markets and investment instruments.
Bernstein: CLARITY Act Yield Compromise to Strengthen Circle's Competitive Edge
Odaily. Bernstein stated in its latest research report that the newly reached compromise on stablecoin yields under the U.S. CLARITY Act is structurally beneficial for Circle and the USDC ecosystem.The report notes that the current version of the bill prohibits stablecoin issuers from paying interest to passive holders that is "economically equivalent" to bank deposits, but allows reward mechanisms tied to actual transaction, payment, and usage activities to continue. Bernstein believes this means Circle's current model, which relies on partners like Coinbase to provide USDC reward programs, will gain regulatory recognition, while also limiting the industry's ability to compete for market share through high yields.Bernstein points out that the bill effectively reinforces the positioning of stablecoins as "payment tools" rather than "deposit substitutes," helping to protect Circle's current business model that relies on reserve income. The firm maintains an "Outperform" rating for Circle with a $190 target price.Data shows that the total global supply of dollar-pegged stablecoins has surpassed $300 billion, with USDT and USDC collectively accounting for approximately 97% of the market share. Bernstein notes that USDC's share in on-chain payments and wallet transfers is steadily increasing, and its share of payments in the AI Agent payment protocol x402 has exceeded 99%.Additionally, Bernstein mentioned that Circle's ARC chain has cumulatively completed 244 million testnet transactions. The ARC token pre-sale previously raised $222 million, with investors including a16z crypto, Apollo Funds, ARK Invest, and BlackRock.However, the report also points out that the CLARITY Act still needs to complete multiple legislative procedures before it takes effect, including a 60-vote threshold in the full Senate and coordination with the House version. Polymarket currently estimates its probability of passage by 2026 at approximately 62%. (The Block)
Digital asset financial services firm Tok-Edge will launch a crypto hedge fund and raise $100 million
Digital asset financial services firm Tok-Edge announced the launch of a cryptocurrency hedge fund targeting institutional investors, with a $100 million first-close target for 2026. Tok-Edge had previously operated in “stealth mode.” The fund’s long-term objective is to build a compliant crypto-asset allocation infrastructure for institutional investors. Its initial size stands at $21 million, backed by veteran traditional finance investor Marcus Meijer and his investment consortium, which intends to serve as the cornerstone investor with a $10 million commitment.
Hackers Steal Crypto Wallet Data Using Google Docs and Fake Claude AI Pages
According to security firm Huntress, hackers are distributing credential-stealing malware to cryptocurrency users through forged Google Docs files, malicious files hosted on GitHub, and cloned Claude.ai pages. Attackers impersonate senior CoinDesk employees on the social platform X, luring victims into opening Google Docs documents containing malicious code under the guise of an online meeting invitation, which then prompts users to manually install the malicious software. Mac users face threats from Atomic macOS Stealer (AMOS), which can steal browser passwords, cryptocurrency wallet data, and Telegram files; Windows users are served fake Google API Connector updates that, once installed, deploy NetSupport RAT and counterfeit Ledger hardware wallet applications. Additionally, hackers have placed fraudulent ads on search engines like Bing to lure users to cloned Claude.ai pages where they execute malicious commands; the associated malware, MacSync and SectopRAT, can steal cookies, saved passwords, mnemonic phrases, and payment card information. Security firm Socket also concurrently identified 16 malicious extensions targeting Chrome and Edge, capable of draining EVM, Solana, and Tron wallet assets.
Qualcomm Releases AI Multimedia Development Framework IMSDK 2.0, Accelerating Edge AI Application Deployment
Odaily News: Qualcomm Technologies announced the launch of the Qualcomm Intelligent Multimedia SDK (IMSDK) 2.0, providing a unified development framework for AI and multimedia application development based on the Qualcomm Dragonwing platform.Qualcomm stated that IMSDK 2.0 is designed to help developers build intelligent applications on edge devices that integrate generative AI, multimedia processing, and real-time analytics capabilities, consolidating AI model inference, cameras, audio, video, sensors, and cloud connectivity into a single development environment, covering scenarios such as intelligent cameras, industrial robots, drones, and IoT devices.The new SDK introduces a Pipeline API and application building tools for Python and C++, reducing developers' reliance on underlying multimedia frameworks. Additionally, IMSDK 2.0 supports multiple AI inference paths, including the Qualcomm AI Runtime SDK (QAIRT), ONNX Runtime, and TensorFlow Lite, and can run models on CPU, GPU, or NPU as needed.Furthermore, IMSDK 2.0 introduces Coding Agent Skills for AI programming assistants, Documentation as Code, and containerized microservices capabilities, helping developers complete application building, debugging, deployment, and optimization through natural language instructions.
ByteDance Launches Seed STEM Scientist Program, Inviting 100 Scholars to Empower Scientific Research with AI
ByteDance has officially launched the Seed STEM Scientist Program, planning to invite 100 outstanding scholars in cutting-edge scientific fields for industry-academia-research collaboration, leveraging artificial intelligence technology to accelerate exploration and breakthroughs across various scientific domains. The program is led by ByteDance's Seed Edge research team, offering sufficient computing resources and competitive compensation, with two participation roles available: Scientist Advisor and Doctoral Intern. The initial project cycle is approximately 6 months, with the work location set in Beijing's Haidian District. The talent application channel remains open until September 30, 2026. (IT Home)
Jensen Huang's personally worn and signed leather jacket sold for $960,000, 16 times the highest estimate
According to reports from Radio Television Hong Kong citing Sotheby's, a Tom Ford black leather jacket worn and signed by Nvidia CEO Jensen Huang sold for $960,000 at a charity auction in New York, 16 times the pre-auction high estimate of $60,000. The lot was previously estimated at $40,000 to $60,000. Sotheby's records indicate that Huang wore this leather jacket while attending Hon Hai Technology Day on October 18, 2023. PSA confirmed its provenance through on-site photos, and the inner signature was authenticated by James Spence Authentication. The auction was initiated by Long Journey Ventures, and the proceeds will be donated to the non-profit organization Edge Institute to support grants and residency programs for young innovators.
韩国拟设"未来应对基金"，利用半导体税收红利推动增长与均衡发展
据 The Edge Malaysia 报道，韩国总统幕僚长姜勋植于 7月 5 日表示，李在明政府计划利用半导体热潮带来的额外税收收入设立"未来应对基金"，用于支持三大超级项目（半导体、物理 AI、数据中心）、培育新增长动能、应对"K 型"经济极化，并为 20至 30 岁年轻群体提供住房、创业及就业支持。三星电子、SK 海力士及政府机构计划为上述项目投入数千亿美元，旨在强化韩国在芯片与 AI 领域的全球竞争力，并推动首都圈以外地区的均衡发展。
AI Data Analysis Platform Polysights Raises $1.5 Million in Pre-Seed Funding, with YZi Labs Among Participants
Polymarket-backed AI data analysis platform Polysights announced the completion of a $1.5 million Pre-Seed funding round, with participation from YZi Labs, Maven11, Varys Capital, Contribution Capital, and Edge Ventures. The platform is currently in its Beta stage, and the new funds will support its use of AI technology to detect wallet clustering behavior, abnormal market fluctuations, and potential insider trading signs, providing data analysis support for traders, research institutions, and institutional investors (CNBC).
Related news
Analysts: Altcoin ETF demand is real, but has not yet formed a sustained trend.
Analyst Edgy from The DeFi Edge stated that Bitcoin ETFs attracted approximately $3.54 billion in August, while Ethereum ETFs drew in around $1.84 billion. During the trading week of August 24–28, SOL ETFs registered a net inflow of $142.7 million, XRP ETFs $110.5 million, and HYPE ETFs $56.8 million, totaling roughly $310 million, highlighting market demand beyond BTC and ETH. However, in the following week of August 31 to September 4, SOL’s net inflow plummeted to $4.9 million, HYPE dropped to $12.3 million, whereas Bitcoin ETFs continued to attract $987 million during the same period. Analysts noted that capital inflows into altcoin ETFs have yet to establish a sustained trend, and whether they can maintain steady absorption capacity over the next month remains a key metric to watch.
Hackers Steal Crypto Wallet Data Using Google Docs and Fake Claude AI Pages
According to security firm Huntress, hackers are distributing credential-stealing malware to cryptocurrency users through forged Google Docs files, malicious files hosted on GitHub, and cloned Claude.ai pages. Attackers impersonate senior CoinDesk employees on the social platform X, luring victims into opening Google Docs documents containing malicious code under the guise of an online meeting invitation, which then prompts users to manually install the malicious software. Mac users face threats from Atomic macOS Stealer (AMOS), which can steal browser passwords, cryptocurrency wallet data, and Telegram files; Windows users are served fake Google API Connector updates that, once installed, deploy NetSupport RAT and counterfeit Ledger hardware wallet applications. Additionally, hackers have placed fraudulent ads on search engines like Bing to lure users to cloned Claude.ai pages where they execute malicious commands; the associated malware, MacSync and SectopRAT, can steal cookies, saved passwords, mnemonic phrases, and payment card information. Security firm Socket also concurrently identified 16 malicious extensions targeting Chrome and Edge, capable of draining EVM, Solana, and Tron wallet assets.
Alphabet's Market Cap Shrinks by Nearly $700 Billion Amid Doubts Over Its AI Edge
According to Odaily, Alphabet (Google's parent company) has seen its stock price remain under pressure recently. Since hitting an all-time high in May, its market capitalization has shrunk by approximately $692 billion, as concerns over its AI competitiveness continue to escalate.Over the past year, investors once viewed Alphabet as one of the biggest winners of the AI wave. As of May 13, the company's stock had surged over 150% in the preceding 12 months, making it one of the best-performing stocks in the S&P 500 during that period, with gains significantly outpacing other members of the "Magnificent Seven" tech giants.However, as the market reassesses Google's leadership in AI, Alphabet's upward momentum has begun to reverse. Investors now worry about the outflow of core AI talent at the company and the potential loss of its competitive edge in the generative AI race.Analysts believe that as AI firms like OpenAI and Anthropic continue to drive innovation in models and products, Alphabet must prove that its AI ventures, such as Gemini, can translate into tangible commercial growth to regain market confidence. (Bloomberg)
Qualcomm Releases AI Multimedia Development Framework IMSDK 2.0, Accelerating Edge AI Application Deployment
Odaily News: Qualcomm Technologies announced the launch of the Qualcomm Intelligent Multimedia SDK (IMSDK) 2.0, providing a unified development framework for AI and multimedia application development based on the Qualcomm Dragonwing platform.Qualcomm stated that IMSDK 2.0 is designed to help developers build intelligent applications on edge devices that integrate generative AI, multimedia processing, and real-time analytics capabilities, consolidating AI model inference, cameras, audio, video, sensors, and cloud connectivity into a single development environment, covering scenarios such as intelligent cameras, industrial robots, drones, and IoT devices.The new SDK introduces a Pipeline API and application building tools for Python and C++, reducing developers' reliance on underlying multimedia frameworks. Additionally, IMSDK 2.0 supports multiple AI inference paths, including the Qualcomm AI Runtime SDK (QAIRT), ONNX Runtime, and TensorFlow Lite, and can run models on CPU, GPU, or NPU as needed.Furthermore, IMSDK 2.0 introduces Coding Agent Skills for AI programming assistants, Documentation as Code, and containerized microservices capabilities, helping developers complete application building, debugging, deployment, and optimization through natural language instructions.
Sam Altman: OpenAI Has Paused RL Training on Some Cutting-Edge Models to Meet Alignment, Safety, and Monitoring Standards
According to Odaily, OpenAI CEO Sam Altman stated on X that OpenAI has paused reinforcement learning (RL) training on some cutting-edge models to ensure that its alignment, safety, and monitoring measures can keep pace with the latest surge in model capabilities. Altman noted that model progress is currently "extremely rapid," and if the speed of capability development outpaces safety and alignment efforts, OpenAI will take action.Altman said that the pace of future AI development will increasingly depend on confidence in model safety, and the entire industry will ultimately need to coordinate around common safety standards. Until then, OpenAI will take the lead in implementing measures.
Prediction market platform Kalshi connects to DoubleZero fiber network, opens real-time order book data to institutional traders
According to Decrypt, prediction market platform Kalshi announced a partnership with DoubleZero to provide real-time market data subscription services to trading institutions via DoubleZero Edge. The initial data covers Kalshi sports event contracts and cryptocurrency perpetual futures, including Level 1 (best quotes and trade records) and Level 2 (multiple levels of buy and sell orders) data, which can be directly used for pricing, hedging, and automated trading strategies. DoubleZero employs a multicast system to push machine-readable data to all connected parties simultaneously, significantly lowering the access barrier.