The popular AI framework Virtuals Protocol will host an in-person meet-up in Hong Kong on Friday, January 17.

A confirmation statement disclosed by the UK Companies House shows that a shareholder entity reportedly belonging to NVIDIA’s venture capital arm NVentures LLC holds approximately 141,834 shares in Revolut. Calculated based on the offering price from Revolut’s latest financing round, these shares are valued at roughly $195.9 million. Previously, neither NVIDIA nor Revolut had publicly disclosed NVentures’ specific investment amount or shareholding size in the firm. The newly exposed documents reveal that NVIDIA is further expanding its footprint in the fintech sector through strategic investments. Founded in 2015, Revolut is one of Europe’s leading digital banking platforms, with services covering payments, foreign exchange, investments, and crypto asset services. In recent years, NVIDIA has continuously invested in AI, fintech, and next-generation internet infrastructure companies via NVentures, and its latest investment in Revolut is also regarded as part of its expansion of the AI and digital financial ecosystem. (TechFundingNews)

According to Coinglass data, the Coinbase Bitcoin Premium Index has remained in negative premium territory for 60 consecutive days (since May 19), with its latest reading at -0.0908%. Earlier this year, the index notched 40 straight days of negative premium from January 16 to February 24, marking the longest consecutive negative streak since the metric’s launch—surpassing the roughly 30-day stretch of negative premium seen during the "1011 crash".

According to official data, VanEck’s PFXF ETF has increased its holdings in Strategy STRC to approximately $207 million. As of July 16, the Preferred Securities ex Financials ETF (PFXF) holds Strategy Inc as its top position, accounting for 8.63% of the fund’s net assets with a market value of around $207 million. This holding corresponds to approximately 2.42 million shares of Strategy Stretch (STRC).

According to data from shipping information website Kpler, the number of confirmed crossings through the Strait of Hormuz on July 16 dropped to a three-week low, with only 8 crossings recorded. Analysts noted that the low traffic volume could exacerbate uncertainties in crude oil supply and impact fluctuations in international oil prices.

Local time on July 17, the UK’s ruling Labour Party announced at a special conference that Andy Burnham has been elected its leader. After formal appointment by King Charles III, Burnham will succeed Keir Starmer as UK Prime Minister. Per the procedure, Starmer will submit his resignation to King Charles III on July 20, following which Burnham will accept the monarch’s appointment and officially take office as Prime Minister. The 56-year-old Burnham is a former Mayor of Greater Manchester. In the earlier Labour leadership election, he won the support of a majority of Labour MPs, becoming the sole official candidate. (CCTV)

Renowned AI analyst Chubby (@kimmonismus) commented on the newly launched Kimi K3 model, noting that the K3 outperformed Anthropic’s Opus 4.8 in benchmark tests. This is expected to push leading U.S. AI labs to accelerate the rollout of Opus 5 and GPT-6 to counter competitive pressure from the East. Anthropic’s Opus 5 is projected to launch imminently. For OpenAI, while GPT-5.6 Sol still maintains an overall lead over Kimi K3, the gap is so small that it is barely tolerable. Consequently, the planned GPT-6 will be released ahead of schedule.