Starcloud CEO: Plans to Mine Bitcoin in Space

Intel CEO Pat Gelsinger told the latest episode of the TechSurge podcast: "We are very excited about agentic AI, and there is massive demand for CPUs. I receive calls from many CEOs every day asking for more CPUs, so we need to significantly ramp up CPU production capacity to meet their needs. Next, we need new CPU architectures to address emerging requirements. Furthermore, I believe there are many opportunities for stacked collaboration between CPUs and memory, and we should also explore new memory architectures. To some extent, innovation in the memory space has been insufficient, so there is indeed significant room for growth here. I used to not invest in memory because I viewed it as somewhat of a commodity business, but things are different now, with many new developments emerging. So we are closely monitoring this—one of my personal passion projects is researching new memory architectures. As you may have seen in the news, I brought on my good friend Shock Lee (Li Shuoxi), former head of SK Hynix, so you can probably guess what I’m working on. Though we’re not ready to make an official announcement yet, I’m always thinking about long-term directions. I consider short-, medium-, and long-term demand when planning. Typically, when I join a startup, I stay for 10 years; that was the case at Cadence, and at Intel, it was 15 years. I’ve also told the board that I’m not someone who only focuses on the short term. I’m looking at the future 10 or 15 years from now—how we can build a larger platform that truly benefits the entire industry. Being able to contribute even a little to the industry is quite meaningful."

According to The Information, Sequoia Capital and asset management giant Wellington are in advanced negotiations to invest in prediction market platform Kalshi, with the deal valuing the company at approximately $40 billion. Wellington will become a new investor in Kalshi; the firm has previously made multiple investments in companies approaching the IPO stage. The relevant transaction has not yet been finalized.

Bitwise CIO Matt Hougan told Bloomberg in an interview that Bitcoin may have reached the bottom of its bear market, as recent negative developments—including the Coldcard wallet hack, Strategy Inc.’s Bitcoin sales, and stalled progress on the CLARITY Act—have failed to trigger a meaningful price drop. Hougan noted that the market’s ability to brush off bad news is a sign the bear market is ending, and he anticipates the approval of crypto ETFs by wealth management platforms and institutional inflows will serve as a catalyst for the next stage of upward momentum.

Per its official announcement, OKX will list DOS (DappOS) for spot trading. DOS/USDT spot trading will officially launch at 18:00 (UTC+8) on August 13, 2026; deposits are now open, and users can place advance orders one hour prior to the trading going live. It is reported that DappOS is an AI operating system for Web3, designed to integrate research and analysis, content creation, strategy planning and on-chain execution into a unified platform.

According to an official announcement, Bitget has added 25 new stock spot rTokens including rHPQ (Hewlett-Packard), rRL (Ralph Lauren), rBAP (Credicorp), rCTSH (Cognizant), and rDOW (Dow Chemical), covering sectors such as finance, consumer goods, and utilities. To date, the Bitget platform supports a total of 660 US stock tokens. It is understood that the rTokens, identified by the format "r + stock ticker" (e.g., NVIDIA is rNVDA), are issued by Reality, a licensed Real-World Asset (RWA) protocol under Bitget, and connect directly to global liquidity pools including the Nasdaq and New York Stock Exchange via a partnership with regulated broker Alpaca. Key features include: 1:1 reserve of underlying assets held by licensed custodians, 1:1 distribution of stock dividends in token form, synchronized mapping support for corporate actions (such as stock splits and consolidations), and the ability to use holdings as combined margin for unified accounts and USDT-denominated contracts, enabling users to flexibly manage funds while holding global stock assets.

Another gambler spotted! Someone created a new wallet, deposited $153K into Hyperliquid, and opened a 40x long on 97.92 $BTC($6.22M). Liquidation price: $62,825.14.