Kimi employees hit back at the White House’s allegations: Distilling a cutting-edge model in 15 days? That would require applying for a Guinness World Record!

Circle has signed a memorandum of understanding (MoU) with South Korea’s Kakao Group. The two parties will evaluate cooperation on blockchain-based payment infrastructure and digital asset technologies, including the application of USDC in scenarios such as payments, settlements, and digital asset connectivity.

Data from South Korean exchanges as of July 23 shows that foreign investors net-purchased 2.6211 trillion won in South Korea’s main stock market the previous day, marking the highest level in nearly two months. Driven by foreign buying, the KOSPI reclaimed the 7,000-point threshold during intraday trading for the first time in four sessions, triggering the 20th suspension of the program trading mechanism this year. However, in the afternoon, institutional and individual investors took profits, leading the index to give back most of its gains, closing just 0.74% higher at 6,797.70 points. Seok Hwan Kim, a researcher at Mirae Asset Securities, noted that despite heavy net buying by foreign investors, individual investors and financial institutions concentrated on selling semiconductor-weighted stocks to lock in profits, causing the index’s gains to narrow significantly. That day, individual investors net-sold 1.2177 trillion won, while institutional investors net-sold 1.3961 trillion won.

According to monitoring by Onchain Lens, a Hyperliquid whale has deposited 31.12 million USDC over the past three days and currently holds $64.9 million in short positions. The breakdown of its current positions is as follows: $43.93 million in short positions on SK Hynix, $17.07 million in short positions on Brent crude oil, plus additional short positions on Samsung, NVIDIA, and other assets.

According to GMGN data, US stock-based meme coins are gaining momentum on Robinhood Chain. As of press time, the market cap of meme coin "AI" briefly topped $17 million, now standing at $15.01 million, hitting a new high. Its 24-hour trading volume reached $9.8 million. The coin was issued via long.xyz, Robinhood Chain’s ecosystem token launch platform, and trades against NVIDIA’s stock token, aligning with Robinhood Chain’s core philosophy and CEO Vlad’s on-chain vision of "meme + RWA". BlockBeats previously analyzed that US stock-based memes are likely to become a new popular trend on Robinhood Chain, marking a major update to the meme coin narrative. Additionally, following "AI"'s surge, long.xyz has recently launched multiple meme coins paired with different stock tokens. Most of these coins have small market caps and high price volatility, so users are advised to exercise caution when investing.

According to BitcoinTreasuries NET, the Louisiana Employees' Retirement Fund has increased its holdings in Strategy (MSTR) to 21,300 shares, valued at approximately $2.13 million. The retirement fund manages around $16.3 billion in total assets.

Funds under ARK Invest collectively purchased 121,400 shares of SpaceX stock worth approximately $14.996 million, while selling 97,300 shares of Robinhood stock valued at around $10.351 million, extending its recent trend of reducing holdings. On the same day, ARK also bought about $4.965 million worth of shares in electric aircraft company Archer Aviation. Earlier reports indicated that SpaceX closed down more than 6% yesterday, hitting a new all-time low since its listing.