Swing trading whale spends $17.068 million to buy SOL at an average price of $72.6

When responding to the community’s question about why he hasn’t acquired BitMart, CZ stated: “Acquiring a centralized exchange (CEX) isn’t as straightforward as other business deals. What if a hack occurs after the acquisition? Could it be an old backdoor left by the previous team, or a new issue? An acquisition is still possible, but it’s far more complex.”

According to Korean media outlet Ket, South Korea’s SK Telecom (SKT) has announced the establishment of SK Hyper, a new specialized subsidiary for AI data centers (AIDC), with a planned total investment of 750 billion won to expand its large-scale AI data center business. SKT will first invest 330 billion won, with the full 750 billion won earmarked for deployment by December 2030, and will ultimately hold 100% equity in SK Hyper. The newly formed SK Hyper will oversee the development and commercialization of future large-scale AI data center projects, including preliminary work such as site selection, power infrastructure setup, and client business collaborations. It will also later secure external funding through financial investor (FI) equity investments and project financing (PF).

Regarding BitMart's shutdown, CZ commented that: "Tough times (here we go again)! At the very least, this appears to be an orderly wind-down process, and users can withdraw their assets."

According to YuEjin Monitoring, tokens unlocked and transferred from the TRUMP meme coin’s team address yesterday have entered centralized exchanges (CEXs). Specifically, 13.8 million TRUMP tokens, valued at $21.94 million, were transferred into Binance, OKX, and Kucoin 15 minutes ago.

According to South Korean media outlet Daum, U.S. investment firm Bain Capital is expected to generate around 2.5 trillion yen in investment proceeds from selling most of its stake in Japanese storage chip maker Kioxia, marking one of the highest returns on a private equity (PE) deal in Japan. With Bain Capital’s exit, Kioxia’s largest shareholder has reverted to Toshiba, which holds a roughly 15% stake; SK Hynix, via convertible bonds held by a special purpose company (SPC), has become the de facto second-largest shareholder, with an approximate 14% stake. However, since SK Hynix has not yet converted the convertible bonds into shares, it does not currently hold formal shareholder voting rights, and the conversion will only be completed after obtaining antitrust approvals from relevant countries. SK Hynix previously invested around 395 billion yen in the relevant SPC via convertible bonds, and has committed to not holding more than 15% of Kioxia’s voting rights by 2028. Market observers note that amid intensifying global competition in the storage chip sector, Kioxia’s complex shareholding structure and potential changes to SK Hynix’s stake will be key variables in Japan’s semiconductor industry strategic layout.

China Asset Management announced that Changxin Technology will list on the Shanghai Stock Exchange STAR Market on July 27, 2026. Some of its exchange-traded funds (ETFs) will participate in the company’s online and offline share subscriptions, and will value the stock at an issue price of RMB 8.66 per share ahead of listing. As the first five trading days of listing carry no price fluctuation limits, resulting in sharp stock price swings, and the ETF’s Indicative Optimized Portfolio Value (IOPV) only reflects the issue price, not market price fluctuations, there may be a gap between the IOPV and the fund’s net asset value on the first trading day. The firm reminds investors to pay attention to related risks.