基础设施 · 15593

South Korea plans to open virtual asset accounts to about 3,500 companies, and the central bank plans to test AI proxy deposit tokens by the end of 2026

Comparing news, Factblock CEO and Korea Blockchain Week organizer Andrew Park said that the Korean crypto market is shifting from being driven by retail transactions to institutional digital finance. The focus of global financial institutions and enterprises has moved from tokens, exchanges, and prices to escrow, tokenization, stablecoins, payment and settlement infrastructure, and regulatory compliance. The Korea Financial Services Commission has proposed a framework to open corporate virtual asset accounts to approximately 3,500 listed companies and registered professional investors. The National Assembly of Korea has officially passed amendments to the Electronic Securities Act and the Capital Markets Act to incorporate tokenized real-world assets and security tokens into a unified legal framework. The Bank of Korea has completed initial testing of the Project Hangang real-world deposit token project and plans to conduct the second phase of institutional testing in late 2026. Related technical experiments have used wholesale deposit tokens to allow AI agents to execute automated conditional transactions. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

58m agoburnking

OpenAI Acquires Real-Time Database InstantDB Team: Strengthening AI Proxy Infrastructure

In comparison, according to CryptoBriefing, OpenAI has acquired the real-time database platform InstantDB team, which previously served more than 17,000 users and 400,000 applications, and processed about 2.5 billion transactions. InstantDB provides backend as a service (BaaS) products to help developers handle real-time data synchronization. Existing users will need to migrate cloud-hosted apps by August 31, 2027, and the open source code will continue to be available for self-deployment. InstantDB is Y Combinator's 2022 incubation project. The founding team will join OpenAI to strengthen the AI agent application infrastructure, as its AI agent requires persistent state management, real-time data reading and writing, and concurrent conflict processing capabilities, which are in line with InstantDB's dedicated real-time data synchronization infrastructure capabilities.

1h ago

Arthur Hayes Reminder: FLOP has not been released yet, and there are no presales or meme coins

BitMEX co-founder Arthur Hayes wrote a reminder that Flop Labs has not yet issued FLOP tokens, and there are no pre-sales or meme coins. Hayes stated that FLOP is not officially launched yet, and reminded the community not to mistake related tokens appearing on the market for official assets. He said Flop Labs is expected to launch an airdrop in the next few months and plans to launch the mainnet next year. According to previous public information, the project had previously planned a large-scale airdrop in the fourth quarter of 2026, and the target time for the main network Genesis block is the first quarter of 2027. Hayes previously announced that he will be leading Flop Labs, a project aimed at building economic infrastructure for AI agents, and FLOP will be designed as a native asset for AI agents to pay for resources such as computing power and storage.

3h ago

Next week's macro outlook: US and Iran sanctions, Jackson Hole, PCE, and Nvidia's earnings report are coming in four major variables. The gold sword points to $4,700

Comparing news, the global market will face multiple risk events next week. The escalation of US and Iran sanctions, Federal Reserve Chairman Walsh's debut at the Jackson Hole World Central Bank Annual Meeting, the release of PCE inflation data in the US for July, and the disclosure of Nvidia's earnings report may become core variables affecting risk asset trends. This week, the sharp rise in US long-term bond yields raised market concerns. After the Treasury expanded the scale of long-term US bond repurchases, the pressure on the bond market eased somewhat, but investors are still concerned about the US fiscal deficit, inflation, and developments in the Middle East. Driven by US debt sustainability concerns, the weakening dollar, and the Treasury Department's expansion of the US bond repurchase program, spot gold surpassed 4,600 US dollars/ounce this week, rising for the third consecutive week, and hit a high of around $4,632 on Friday. Analysts believe that if gold effectively breaks through $4,600, the next target may be at $4680 or even $4,700. Next week, the US-Iran relationship will be the primary focus of the market. US Treasury Secretary Bessent said that the Trump administration will announce new sanctions against Iran on Monday. Trump previously warned that any country providing support to Iran could face economic consequences. Meanwhile, transportation activities in the Strait of Hormuz continue to be blocked, and energy supply risks are driving crude oil to rise continuously. On the Federal Reserve side, the Jackson Hole Global Central Bank Annual Meeting will be held from August 27th to 29th, and Federal Reserve Chairman Walsh will deliver his first speech on August 28. The market is concerned about whether it will release future interest rate path signals and whether it can ease recent pressure on the US bond market. Currently, the market expects that the probability that the Federal Reserve will cut interest rates in September has declined, and traders will focus on Walsh's statement on the 2% inflation target, long-term interest rate, and monetary policy framework. In terms of economic data, the US core PCE price index for July will be released next week. This is the inflation indicator that the Federal Reserve is focusing on. The market expects core PCE to rise 0.2% month-on-month. If the data is higher than expected, it may weaken expectations of interest rate cuts and put pressure on gold; if it falls short, it may further drive the rise of precious metals. In addition, revised US second-quarter GDP values, durable goods orders, consumer confidence index, and revised non-farm payroll benchmark data will also be released one after another next week. On the corporate side, Nvidia's (NVDA) earnings report will be the focus of the US stock market. Technology stocks have recently been under pressure. The Nasdaq index fell about 2% this week, and the semiconductor sector fell by more than 4%. The market will focus on Nvidia's continued investment in AI infrastructure, the progress of Rubin chips, and the state of business in China. Analysts believe that if Nvidia's performance continues to strengthen AI growth expectations, it may become an important catalyst for the S&P 500 index to hit 8,000 points; if performance or guidance falls short of expectations, it may increase the pressure on technology stocks to adjust.

4h ago

Trump's 50% tariff hits Canada, and the Carney administration accelerates the reduction of economic dependence on the US

Comparatively, US President Trump's 50% tariff on some Canadian goods came into effect this week, once again intensifying trade tension between the US and Canada, pushing the Canadian government to speed up the search for alternative markets, expand domestic trade, and promote large-scale infrastructure projects to reduce dependence on the US economy. Currently, about 70% of Canada's exports go to the US, and the economies of the two countries are highly tied. The tariff measures previously imposed by the United States on the automobile, steel, aluminum, and timber sectors have put pressure on the Canadian manufacturing industry, leading to some job losses and a slowdown in economic growth. Canada's economy even contracted for two consecutive quarters this year, falling into a technical recession. The latest round of 50% tariffs involves about 20 billion US dollars of Canadian exports to the US, accounting for about 5.5% of Canada's total exports to the US, covering products such as hockey sticks and cement. Canadian Prime Minister Mark Carney said that Canada will take equal tariff countermeasures to protect domestic enterprises and employment. The market is concerned that Trump previously refused to renew the US-Mexico-Canada Agreement (USMCA) exemption arrangement, bringing the trade agreement into the annual review stage. Analysts believe that the removal of some trade protections by the US may lay the risk of further expanding tariff measures. Faced with trade pressure, the Carney administration is promoting economic diversification. In recent years, Canada has strengthened economic and trade cooperation with China, India, Saudi Arabia and European countries, and promoted the expansion of exports to non-US markets. According to the data, Canada's exports to non-US markets increased by 11% in 2025, reaching 33% at one point, the highest level in more than 40 years. Furthermore, Canada is strengthening its domestic economy, including reducing inter-provincial trade barriers, promoting port expansion, developing critical mineral resources, and supporting energy infrastructure construction. The government plans to invest 115 billion Canadian dollars (about 83 billion US dollars) in infrastructure funds over the next few years, and a defense budget of 82 billion Canadian dollars.

4h ago

Tencent's chip leader Gao Jianlin left his job and started a business to target the RISC-V high-performance AI CPU circuit

According to MaxForAI, according to MaxForAI, the core head of Tencent's chip research and development, has recently left Tencent and started a business. He plans to develop high-performance CPUs based on the RISC-V architecture around high-performance AI servers and agentic AI (intelligent AI). Gao Jianlin is regarded as one of the early core promoters of Tencent's self-developed chip system. According to data, he formed an FPGA hardware team within Tencent in 2013, began setting up AI chip research and development in 2018, established the Penglai Laboratory in 2020, and promoted Tencent's development of various AI chips and data center deployment. This startup focuses on CPUs rather than the currently competitive AI GPU market. According to the report, Gao Jianlin believes that with the rapid development of Agentic AI, the AI inference process will involve model call, tool execution, search, database interaction, and large-scale task scheduling, and the CPU will assume a more important scheduling and control role in the AI system. According to reports, Gao Jianlin was involved in RISC-V related research and development during his time at Tencent, and participated in various technical directions such as chip architecture, verification, and back-end. Its new company plans to build high-performance server CPUs based on the open instruction set RISC-V to enter the AI infrastructure market. Currently, the name of Gao Jianlin's new company, financing conditions, and specific product launch dates have not been disclosed. The market is concerned about whether it will become another emerging force in the field of AI chips in China targeting server CPUs and smart body infrastructure.

5h ago

FT: The economy was under pressure in the Trump era, oil prices rose at the same time as mortgage interest rates, and US debt surpassed $40 trillion

Comparing news, the Financial Times article said that the Trump administration's economic policy is facing multiple pressures: US federal debt has surpassed 40 trillion US dollars, long-term US bond yields have risen to a 19-year high, the Iran war has driven up energy prices, and mortgage interest rates have continued to rise. This week, the US long-term treasury bond market experienced sharp fluctuations. Investors are driving long-term US bond yields higher due to concerns about the expansion of government borrowing and the risk of inflation brought about by the war. US Treasury Secretary Bezent then announced an expansion of the long-term treasury bond repurchase program and plans to introduce measures to reduce the fiscal deficit, but the market response was limited, and the US dollar weakened. According to the data, the size of the US government debt surpassed 40 trillion US dollars for the first time this week, and the growth rate of federal spending reached the fastest level since the pandemic. The US fiscal deficit fell only slightly to 5.8% of GDP in FY2025, and Trump's tax cuts are expected to further increase fiscal pressure in the future. On the energy side, the US-Iran conflict is driving up fuel prices in the US. The price of gasoline rose by about 40% from before the war, to $4.11 per gallon; the price of diesel rose to $5.58 per gallon. Rising energy costs have weakened Trump's previous policy goals of reducing living costs and energy prices. The housing market was also under pressure, and interest rates on 30-year US mortgages rose to 6.65%, up from 5.98% before the war broke out. Meanwhile, consumer inflation in the US rose to a three-year high of 4.2% in May and fell back to 3.4% in July, but Federal Reserve officials are still worried that inflationary pressure continues. Although the US economy is still supported by consumer spending and AI infrastructure investment by big tech companies, the growth rate is below the government's previous target. The annualized growth rate of US GDP in the second quarter of 2026 was about 1.5%, lower than the previously proposed growth forecast of 3% or more. Market participants believe that high debt, high financing costs, and rising energy prices are weakening consumer confidence and may become important political pressures facing the Trump administration. Bessent said that the US is still expected to improve its fiscal situation through economic growth.

6h ago

Review of this week's macro hot topics: the US debt crisis, AI infrastructure, and geopolitical conflicts are the main lines of the market this week

Comparing news, the global market this week focused on US debt pressure, AI capital expansion, and the US-Iran economic game. After the US Treasury expanded the scale of long-term treasury bond repurchases, US bond yields declined briefly, but the market feared that fiscal deficits and debt growth pressure would be difficult to ease through liquidity tools. The US federal government debt surpassed 40 trillion US dollars for the first time. The yield on 30-year US bonds once rose to a high level since 2007, and the global long-term bond market was under pressure simultaneously. The minutes of the Federal Reserve's July meeting show that internal hawkish forces are growing, and there are more than three voting members supporting interest rate hikes. Some officials are concerned that tariffs, energy prices, and AI infrastructure investments could drive up inflation. Meanwhile, Federal Reserve Chairman Walsh suggested that in the future, consideration could be given to reducing the number of annual meetings from 8 to 6. Driven by the weakening dollar and risk aversion, gold broke through the 4,600 US dollars/ounce mark this week and rose for the third week in a row; crude oil was higher, supported by the risk of the Strait of Hormuz and expectations of US sanctions against Iran. Geographically, the US-Iran relationship is shifting to putting pressure on the economy. The US plans to weaken Iran's economy by expanding sanctions and economic isolation, while Iran is studying countermeasures against energy transportation nodes, and the safety of the Strait of Hormuz has become the focus of market attention. In the field of technology, AI infrastructure competition continues to escalate. Nvidia guarantees up to $105 billion for the OpenAI data center project, and Broadcom is also planning an AI financing plan of up to $100 billion. Meanwhile, Anthropic's revenue surpassed OpenAI for the first time, and plans to advance IPOs, further intensifying AI companies' commercialization competition. On the capital market side, Yushu Technology skyrocketed on the first day it landed on the Science and Technology Innovation Board. At one point, its market capitalization exceeded 44 billion yuan, and founder Wang Xingxing's net worth increased dramatically. South Korean semiconductor giant SK Hynix announced a repurchase plan of approximately 40 trillion won, and Samsung is also planning to increase shareholder returns. Furthermore, trade negotiations between the US and Canada ushered in a critical window. The US suspended the imposition of up to 50% tariffs on Canadian goods for three days, and the two sides continued to seek trade agreements. The core logic of the market this week still revolves around three themes: whether US fiscal pressure worsens further, whether AI capital investment is forming a new round of asset bubbles, and whether global geopolitical risks are driving safe-haven assets to continue to rise.

8h ago

Bitcoin mining infrastructure company Bitari submits IPO application to NASDAQ: plans to raise $30 million

According to CryptoBriefing, Bitari Inc., a Texas-based Bitcoin mining infrastructure company, submitted an S-1 registration statement to the US SEC on August 21 to seek to raise $30 million through an initial public offering (IPO) on the NASDAQ global market under the ticker symbol BIAI. The offering will issue 4,285,715 common shares, each priced at $7, and is expected to generate total earnings of approximately $30 million, and net income of approximately $27 million after deducting underwriting and related expenses. Bitari is responsible for building and operating the physical infrastructure required for Bitcoin mining. Its current core facility is a 20 megawatt operating mine in Wheeler, Texas. A second 20 MW mine is under construction in Dumas, Texas, and the company also owns a contracted 20 MW mine in Marion, Indiana.

11h ago

Coinbase adds CP, BASECAT, DRB, POD, and GRASS to the listing roadmap

According to the official website of Coinbase, Coinbase updated its asset listing roadmap, adding Cluster Protocol (CP), Basecat (BASECAT), DebtRelievBot (DRB), Dolphin (POD), and Grass (GRASS). Among them, CP, BASECAT, DRB, and POD are base chain assets, and GRASS is Solana network assets. Coinbase said that inclusion in the roadmap does not mean that trading has been officially opened; the relevant assets must meet conditions such as market-making support and technical infrastructure before starting the transaction.

11h ago