Suspected Sonic Labs-Related Address Transfers 11.78 Million S Tokens to Binance, Valued at Approximately $5.55 Million

The U.S. July non-farm payrolls report will be released at 20:30 Beijing time today, with Wall Street firms forecasting a wide range of 18,000 to 83,000 jobs added, showing massive divergence. A Dow Jones survey puts economists’ average forecast at 83,000 new jobs, with the unemployment rate holding steady at 4.2%; Bank of America projects around 80,000, while Vanguard forecasts just 18,000. Such a broad forecast range reflects highly inconsistent signals from the current labor market. Market participants believe that if the final data deviates significantly from expectations, sharp volatility could hit stock, bond and dollar markets. The unemployment rate remains a core variable for the Federal Reserve. Bank of America economist Aditya Bhave noted that if household employment data is strong, the unemployment rate could stay at 4.2%, but if the labor force participation rate rises, the rate may edge up slightly to 4.3%. If the data shows the labor market is "all clear", the Fed could raise interest rates up to three times this year, but the federal funds futures market is currently pricing in only one rate hike this year. After Fed Chair Walsh abandoned forward guidance, the market lacks clear policy direction, and economic data has grown in importance, becoming the decisive factor in pricing the Fed’s future interest rate path.

According to Bitget market data, South Korea’s KOSPI index turned negative during intraday trading, down 1.4%. SK Hynix fell more than 4.5%, while Samsung Electronics rose 0.6%.

Bitcoin miner MARA released its second-quarter 2026 financial report. Revenue totaled $175 million, a 27% year-over-year decline; net loss amounted to $611 million, with adjusted EBITDA coming in at a negative $361 million. End-of-period computing power rose 22% year-over-year to 70.3 EH/s, Bitcoin production increased 3% YoY to 2,422 coins; Bitcoin holdings decreased 29% YoY to 35,577 coins; the combined value of cash and Bitcoin stood at approximately $2.5 billion.

According to Yonhap News Agency, Koo Kwang-mo, chairman of LG Group, will hold a face-to-face meeting with NVIDIA CEO Jensen Huang in Silicon Valley, U.S. next week to deepen their cooperation in artificial intelligence (AI) infrastructure and robotics. The meeting comes roughly two months after the two executives’ earlier gathering in Seoul in early June. Sources familiar with the matter said the two sides are expected to discuss potential investment scale and technology development timelines. During their June 8 Seoul meeting, Huang announced that NVIDIA would partner with LG Group on humanoid robots and next-generation data centers. Koo noted at the time that detailed discussions could not be held due to time constraints, prompting Huang to invite him to California for follow-up talks. The Silicon Valley meeting is a continuation and deepening of the Seoul discussions. LG Electronics, an LG Group subsidiary, has already carried out multiple collaborations with NVIDIA in AI data centers and robotics. This direct top-level dialogue will establish a specific framework and roadmap for the two sides’ strategic cooperation in AI infrastructure and robotics.

On-chain analyst Ai Yi (handle @ai_9684xtpa) has detected that the hacker who previously targeted the prominent MEV bot Jaredfromsubway.eth, inflicting over $7.5 million in losses, has resumed activity after a month. Ten hours ago, the hacker spent their remaining 2.44 million DAI to buy 1,277 ETH, and it is speculated they will next mix the funds via Tornado Cash—this is also the hacker’s last pending on-chain fund.

Optical network startup Lumilens announced it has completed over $700 million in Series C funding, with a valuation reaching $5.51 billion. The round was co-led by Atreides Management, Bain Capital Ventures, Meritech, Seligman Ventures, and Spark Capital, bringing the company’s total raised capital to over $900 million. Headquartered in San Jose, California, Lumilens designs and manufactures optical and networking products that enable data centers to achieve faster data transmission with lower power consumption. The company said it has been supplying a hyperscale cloud provider under a multi-billion-dollar deal, but declined to disclose the specific name, only confirming the client is one of the four major hyperscale cloud providers. CEO Ankur Singla pointed out: "The bottleneck in AI has shifted from how many GPUs you can purchase to how many GPUs you can connect. Hyperscale cloud providers have told us they need two key things: a significant increase in their existing network’s optical capacity, and a path to connect thousands of GPUs directly into the same cluster." Lumilens also revealed it has recruited executives and engineers from firms including Cisco, Juniper, Meta, Marvell, Lumentum, and Coherent to enhance its expertise in photonics and large-scale networking. The proceeds from this funding round will be used to expand the company’s engineering and manufacturing operations.